ACTIVE

SteelFree Management

Financial year 2025 · closed on 31/12/2025
Net result
51,2 k €
+29.9% YoY
Gross margin
91,3 k €
+18.6% YoY
Equity
-74,3 k €
+40.8% YoY

What does SteelFree Management do?

SteelFree Management is a Private limited company incorporated in 2009. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0818.960.508
Incorporation
25/09/2009
Legal form
Private limited company
Registered office
Rue Alphonse Hottat 5
1050 Ixelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin91,3 k €76,9 k €52,5 k €56,9 k €12,1 k €27,4 k €31,1 k €37,2 k €22,7 k €-29,7 k €-23 k €-2,9 k €-2,5 k €2,2 k €16,2 k €-5,8 k €
EBITDA90,8 k €76,5 k €52,2 k €56,5 k €12,1 k €27 k €30,8 k €36,9 k €20,7 k €-29,9 k €-23,4 k €-3,3 k €-2,9 k €1,7 k €10,8 k €-6,8 k €
Operating result67,4 k €56 k €40,5 k €51,9 k €7,9 k €24 k €27,2 k €30 k €13,8 k €-32 k €-25,6 k €-5,2 k €-4,8 k €1,1 k €9,1 k €-8,6 k €
Net result51,2 k €39,4 k €27,4 k €37,2 k €3,5 k €18,5 k €20,9 k €29,4 k €13,6 k €-32,1 k €-25,7 k €-262 k €-5 k €-956,3 €6,3 k €-8,6 k €
Balance sheet
Equity-74,3 k €-125,5 k €-165 k €-192,4 k €-229,6 k €-233,1 k €-251,6 k €-272,5 k €-302 k €-315,6 k €-283,5 k €-257,9 k €4,1 k €9,1 k €10 k €3,8 k €
Total assets56,1 k €84,5 k €91,5 k €40,3 k €29,2 k €46,7 k €63,4 k €9,2 k €39,6 k €11,4 k €10,2 k €30,9 k €278,4 k €262,3 k €272,2 k €199,7 k €
Cash171,1 €4 k €14,8 k €3,4 k €2 k €11 k €1,3 k €8,3 k €29,1 k €2,6 k €1,4 k €22,6 k €14,4 k €4,7 k €8,3 k €6,1 k €
Debts130,4 k €210,1 k €256,4 k €232,7 k €258,8 k €279,8 k €315 k €281,7 k €341,6 k €327 k €288,8 k €283,8 k €269,3 k €248,2 k €257,2 k €195,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Nicolas Widar

Director · since 13 décembre 2022

Active

Ended mandates

Isabel Cordon

Manager · since 01 novembre 2017

Ended
Nicolas Widar

Manager · since 07 juillet 2017

Ended
Yves Carakehian

Manager

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202601/09/202517/08/202419/08/202330/08/202230/08/2021
General meeting30/06/202630/06/202516/05/202418/05/202315/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202631/08/2026FrenchPDF
Micro model31/12/202430/06/202501/09/2025FrenchPDF
Micro model31/12/202316/05/202417/08/2024FrenchPDF
Micro model31/12/202218/05/202319/08/2023FrenchPDF
Micro model31/12/202115/05/202230/08/2022FrenchPDF
Micro model31/12/202020/05/202130/08/2021FrenchPDF
Micro model31/12/201921/05/202027/08/2020FrenchPDF
Micro model31/12/201816/05/201930/08/2019FrenchPDF
Micro model31/12/201717/05/201831/08/2018FrenchPDF
Abridged model31/12/201618/05/201726/07/2017FrenchPDF
Abridged model31/12/201519/05/201623/08/2016FrenchPDF
Abridged model31/12/201421/05/201507/08/2015FrenchPDF
Abridged model31/12/201315/05/201407/08/2014FrenchPDF
Abridged model31/12/201216/05/201307/08/2013FrenchPDF
Abridged model31/12/201117/05/201220/08/2012FrenchPDF
Abridged model31/12/201019/05/201128/07/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 3 ended

Active mandates

Nicolas Widar

Director · since 13 décembre 2022

Active

Ended mandates

Isabel Cordon

Manager · since 01 novembre 2017

Ended
Nicolas Widar

Manager · since 07 juillet 2017

Ended
Yves Carakehian

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Other12/01/2018
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates16/11/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/09/2017
    SIEGE SOCIAL
    PDF
  • Mandates24/07/2017
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other29/09/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202551,2 k €
  2. 2024
    Annual accounts 202439,4 k €
  3. 2023
    Annual accounts 202327,4 k €
  4. 2022
    Annual accounts 202237,2 k €
  5. 2021
    Annual accounts 20213,5 k €
  6. 2020
    Annual accounts 202018,5 k €
  7. 2019
    Annual accounts 201920,9 k €
  8. 2018
    Annual accounts 201829,4 k €
  9. 2017
    Annual accounts 201713,6 k €
  10. 2016
    Annual accounts 2016-32,1 k €
  11. 2015
    Annual accounts 2015-25,7 k €
  12. 2014
    Annual accounts 2014-262 k €
  13. 2013
    Annual accounts 2013-5 k €
  14. 2012
    Annual accounts 2012-956,3 €
  15. 2011
    Annual accounts 20116,3 k €
  16. 2010
    Annual accounts 2010-8,6 k €
  17. 25/09/2009
    IncorporationPrivate limited company