ACTIVE

Stadsmakersfonds

Financial year 2025 · closed on 31/12/2025
Net result
-94,8 k €
-17.5% YoY
Gross margin
-160,2 k €
-26.4% YoY
Equity
5,2 M €
+21.7% YoY

What does Stadsmakersfonds do?

Stadsmakersfonds is a Cooperative society incorporated in 2020. Its main activity is: Buying and selling of own real estate. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0760.317.177
Incorporation
21/12/2020
Legal form
Cooperative society
Registered office
Sluisstraat 79/3
3000 Leuven · FlandreSee on map
Contributed capital
5 535 840,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-160,2 k €-126,8 k €-63,2 k €-31,5 k €-22,9 k €
EBITDA-161,5 k €-128 k €-64,2 k €-32,2 k €-23,8 k €
Operating result-163,1 k €-129,5 k €-65,7 k €-33,7 k €-24 k €
Net result-94,8 k €-80,7 k €-65,2 k €-41,2 k €-33,3 k €
Balance sheet
Equity5,2 M €4,3 M €3,5 M €2 M €1,5 M €
Total assets5,8 M €4,8 M €3,5 M €2,2 M €3,1 M €
Cash173,2 k €654,7 k €519,6 k €187,1 k €397,9 k €
Debts564,1 k €549,3 k €43,5 k €134 k €1,6 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 11 ended

Active mandates

Joachim Mertens

Director · since 04 juin 2025 · until 02 juin 2029

Active
Piet Callens

Director · since 04 juin 2025 · until 02 juin 2029

Active
Karel Van den Eynde

Managing director · since 01 septembre 2021 · until 02 juin 2029

Active
Michiel Van Balen

Managing director · since 01 septembre 2021 · until 02 juin 2029

Active
Anneleen De Bonte

Director · since 12 juin 2021 · until 02 juin 2029

Active
Matthias D'hondt

Chairman of the board of directors · since 12 juin 2021 · until 02 juin 2029

Active
Niklas Van Damme

Director · since 12 juin 2021 · until 02 juin 2029

Active

Ended mandates

Karel Van den Eynde

Managing director · since 01 septembre 2021 · until 31 août 2027

Ended
Michiel Van Balen

Managing director · since 01 septembre 2021 · until 31 août 2027

Ended
Toon Manders

Managing director · since 01 septembre 2021 · until 04 juin 2025

Ended
Toon Manders

Managing director · since 01 septembre 2021 · until 31 août 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
De RiddersActive
0767.363.733
TeherbestemmenActive
0777.727.984
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202218/12/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date28/07/202628/07/202524/07/202408/08/202331/08/2022
General meeting06/06/202604/06/202506/06/202408/06/202304/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/06/202628/07/2026DutchPDF
Abridged model31/12/202404/06/202528/07/2025DutchPDF
Abridged model31/12/202306/06/202424/07/2024DutchPDF
Abridged model31/12/202208/06/202308/08/2023DutchPDF
Abridged model31/12/202104/06/202231/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 11 ended

Active mandates

Joachim Mertens

Director · since 04 juin 2025 · until 02 juin 2029

Active
Piet Callens

Director · since 04 juin 2025 · until 02 juin 2029

Active
Karel Van den Eynde

Managing director · since 01 septembre 2021 · until 02 juin 2029

Active
Michiel Van Balen

Managing director · since 01 septembre 2021 · until 02 juin 2029

Active
Anneleen De Bonte

Director · since 12 juin 2021 · until 02 juin 2029

Active
Matthias D'hondt

Chairman of the board of directors · since 12 juin 2021 · until 02 juin 2029

Active
Niklas Van Damme

Director · since 12 juin 2021 · until 02 juin 2029

Active

Ended mandates

Karel Van den Eynde

Managing director · since 01 septembre 2021 · until 31 août 2027

Ended
Michiel Van Balen

Managing director · since 01 septembre 2021 · until 31 août 2027

Ended
Toon Manders

Managing director · since 01 septembre 2021 · until 04 juin 2025

Ended
Toon Manders

Managing director · since 01 septembre 2021 · until 31 août 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/10/2024
    BENAMING
    PDF
  • Mandates20/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/12/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-94,8 k €
  2. 2024
    Annual accounts 2024-80,7 k €
  3. 2024
    Name changeStadsmakersfonds
  4. 2023
    Annual accounts 2023-65,2 k €
  5. 2022
    Annual accounts 2022-41,2 k €
  6. 2021
    Annual accounts 2021-33,3 k €
  7. 2021
    Name changeMiss Miyagi Fonds
  8. 21/12/2020
    IncorporationCooperative society