ACTIVE

STELIEFORM

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Financial year 2024 · closed on 31/12/2024
Net result
-212,4 k €
+35.8% YoY
Gross margin
1,7 M €
+14.0% YoY
Equity
-591 k €
-56.1% YoY
Workforce
26,2 ETP
-6.1% YoY

What does STELIEFORM do?

STELIEFORM is a Private limited company incorporated in 2010. Its main activity is: Manufacture of furniture. Its registered office is in Gistel. It employs on average 26,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0826.575.602
Incorporation
09/06/2010
Legal form
Private limited company
Registered office
Konijnenboslaan 32
8470 Gistel · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2024
Average workforce
26,2 ETP
Activities (NACE)
31004Manufacture of furniture· main31091Manufacture of other furniture31009Manufacture of furniture31099Manufacture of other furniture74104Specialised design activities74130Specialised design activities
Joint committees (4)
  • 126
  • 1260
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021201920182017201620152014201320122011
Income statement
Gross margin1,7 M €1,5 M €1,7 M €1,6 M €804,6 k €858 k €1,1 M €915,8 k €741,8 k €670 k €708,3 k €702,2 k €796,6 k €
EBITDA239,8 k €83,8 k €448,5 k €385,5 k €-37,8 k €-46,1 k €222,7 k €174,5 k €113,9 k €117,4 k €162,1 k €193,8 k €78,4 k €
Operating result-62,1 k €-217,8 k €126 k €87,3 k €-357,3 k €-355,3 k €45,5 k €26,1 k €-32,6 k €6,1 k €75,7 k €99,8 k €-7,3 k €
Net result-212,4 k €-331 k €39,1 k €-20,1 k €-423,8 k €-373,9 k €12,8 k €2,9 k €-54,2 k €-9,4 k €42,5 k €64 k €-52,8 k €
Balance sheet
Equity-591 k €-378,6 k €-47,5 k €-86,6 k €-291,9 k €131,9 k €290,8 k €278 k €275,1 k €69,3 k €78,7 k €36,2 k €-27,8 k €
Total assets3,4 M €3,8 M €3,9 M €3,7 M €3,9 M €3,9 M €2,4 M €1,4 M €1,3 M €1,3 M €1,1 M €1 M €1 M €
Cash3,4 k €6,2 k €4,2 k €16,9 k €17,9 k €69,8 k €14,6 k €10,5 k €17,1 k €287,1 €1,2 k €698,4 €275,2 €
Debts4 M €4,1 M €3,9 M €3,7 M €4,2 M €3,8 M €2,1 M €1,1 M €1 M €1,2 M €1 M €976 k €1,1 M €
Other
Workforce26,2 ETP27,9 ETP24,6 ETP23,1 ETP16,8 ETP18,8 ETP19,5 ETP17,3 ETP14,0 ETP12,9 ETP13,0 ETP13,0 ETP11,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Lieven Van Massenhove

Director · since 01 avril 2019

Active
Steven Van Massenhove

Director · since 11 juin 2010

Active

Ended mandates

Lieven Van Massenhove

Manager · since 01 avril 2019

Ended
STEVEN VAN MASSENHOVE

Manager · since 09 juin 2010

Ended
Steven Van Massenhove

Director

Ended
Steven Van Massenhove

Administrator - manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/07/202521/07/202417/05/202322/07/202231/08/202131/08/2020
General meeting20/06/202521/06/202428/04/202317/06/202218/06/202115/05/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/06/202519/07/2025DutchPDF
Abridged model31/12/202321/06/202421/07/2024DutchPDF
Abridged model31/12/202228/04/202317/05/2023DutchPDF
Abridged model31/12/202117/06/202222/07/2022DutchPDF
Abridged model31/12/202018/06/202131/08/2021DutchPDF
Abridged model31/12/201915/05/202031/08/2020DutchPDF
Abridged model31/12/201817/05/201928/08/2019DutchPDF
Abridged model31/12/201718/05/201808/06/2018DutchPDF
Abridged model31/12/201619/05/201707/06/2017DutchPDF
Abridged model31/12/201520/05/201618/08/2016DutchPDF
Abridged model31/12/201415/05/201504/08/2015DutchPDF
Abridged model31/12/201316/05/201427/08/2014DutchPDF
Abridged model31/12/201217/05/201319/08/2013DutchPDF
Abridged model31/12/201118/05/201231/07/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 2 active · 5 ended

Active mandates

Lieven Van Massenhove

Director · since 01 avril 2019

Active
Steven Van Massenhove

Director · since 11 juin 2010

Active

Ended mandates

Lieven Van Massenhove

Manager · since 01 avril 2019

Ended
STEVEN VAN MASSENHOVE

Manager · since 09 juin 2010

Ended
Steven Van Massenhove

Director

Ended
Steven Van Massenhove

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares13/05/2026
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other12/01/2026
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates08/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
    PDF
  • Mandates23/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares05/07/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/12/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/12/2010
    KAPITAAL - AANDELEN
    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. 2024
    Annual accounts 2024-212,4 k €↑
  2. 2023
    Annual accounts 2023-331 k €↓
  3. 2022
    Annual accounts 202239,1 k €↑
  4. 2021
    Annual accounts 2021-20,1 k €↑
  5. 2019
    Annual accounts 2019-423,8 k €↓
  6. 2018
    Annual accounts 2018-373,9 k €↓
  7. 2017
    Annual accounts 201712,8 k €↑
  8. 2016
    Annual accounts 20162,9 k €↑
  9. 2015
    Annual accounts 2015-54,2 k €↓
  10. 2014
    Annual accounts 2014-9,4 k €↓
  11. 2013
    Annual accounts 201342,5 k €↓
  12. 2012
    Annual accounts 201264 k €↑
  13. 2011
    Annual accounts 2011-52,8 k €
  14. 09/06/2010
    IncorporationPrivate limited company