ACTIVE

S T E S A

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

91,7 k €

-76.1% YoY

Gross margin

901,6 k €

-19.4% YoY

Equity

1,1 M €

+9.0% YoY

Workforce

12,3 ETP

0.0% YoY

What does S T E S A do?

S T E S A is a Private limited company incorporated in 2003. Its main activity is: Gambling and betting activities. Its registered office is in Grimbergen. It employs on average 12,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.417.309

Incorporation

31/10/2003

Legal form

Private limited company

Registered office

Treft 31
1853 Grimbergen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

12,3 ETP

Activities (NACE)

92000Gambling and betting activities· main 92000Gambling and betting activities 92710Gambling and betting activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	901,6 k €	-19.4%	1,1 M €	+21.8%	918,6 k €	+0.7%	912,6 k €	+134%	389,2 k €	+0.0%	389 k €	-63.3%	1,1 M €	-4.9%	1,1 M €	-3.3%	1,2 M €	-17.1%	1,4 M €	+93.8%	718,6 k €	+0.9%	712,3 k €	-39.7%	1,2 M €	-11.5%	1,3 M €	+43.7%	928,7 k €	-36.8%	1,5 M €	-18.2%	1,8 M €	-6.6%	1,9 M €	-9.1%	2,1 M €	-40.2%	3,5 M €
EBITDA	314,7 k €	-48.6%	611,9 k €	+69.6%	360,8 k €	-27.7%	498,9 k €	+168%	186,3 k €	+4.9%	177,6 k €	-72.8%	653,9 k €	-10.9%	734 k €	-4.9%	772,2 k €	-24.1%	1 M €	+222%	315,9 k €	+7.1%	295 k €	-57.8%	699,9 k €	-17.7%	850,5 k €	+77.5%	479,2 k €	-52.7%	1 M €	-18.9%	1,3 M €	-8.9%	1,4 M €	-8.7%	1,5 M €	-47.0%	2,8 M €
Operating result	213,4 k €	-59.0%	520,7 k €	+83.7%	283,5 k €	-32.0%	417,1 k €	+335%	95,8 k €	+25.3%	76,4 k €	-85.3%	518,9 k €	-12.8%	595,4 k €	-9.3%	656,1 k €	-21.0%	830,6 k €	+784%	93,9 k €	+286%	24,3 k €	-93.6%	379,4 k €	-38.1%	613 k €	+143%	251,9 k €	-67.7%	780,7 k €	-18.0%	952,1 k €	-9.6%	1,1 M €	-3.0%	1,1 M €	-55.7%	2,5 M €
Net result	91,7 k €	-76.1%	383,4 k €	+87.9%	204 k €	-34.3%	310,5 k €	+275%	82,8 k €	+46.8%	56,4 k €	-84.1%	355 k €	-17.3%	429,3 k €	+1.7%	422,1 k €	-22.7%	546,3 k €	+779%	62,2 k €	+67.7%	37,1 k €	-86.6%	276,7 k €	-35.6%	429,4 k €	+93.1%	222,3 k €	-58.7%	538,1 k €	-6.9%	578,1 k €	-21.5%	736,6 k €	-3.4%	762,6 k €	-52.5%	1,6 M €
Balance sheet
Equity	1,1 M €	+9.0%	1 M €	+60.6%	633 k €	+47.5%	429 k €	-57.0%	998,5 k €	+9.0%	915,7 k €	+6.6%	859,3 k €	+70.4%	504,3 k €	-53.1%	1,1 M €	+64.7%	652,9 k €	-77.9%	3 M €	+2.1%	2,9 M €	+1.3%	2,9 M €	+10.7%	2,6 M €	+20.0%	2,2 M €	+11.5%	1,9 M €	+38.7%	1,4 M €	-4.9%	1,5 M €	-60.7%	3,7 M €	+25.7%	3 M €
Total assets	1,3 M €	+13.0%	1,1 M €	+47.0%	753,2 k €	-36.0%	1,2 M €	+10.6%	1,1 M €	+9.0%	975,4 k €	+1.8%	958,2 k €	+26.8%	755,7 k €	-42.2%	1,3 M €	+32.6%	985,8 k €	-67.6%	3 M €	+0.4%	3 M €	+0.3%	3 M €	+1.8%	3 M €	+28.1%	2,3 M €	+10.5%	2,1 M €	+24.3%	1,7 M €	-26.3%	2,3 M €	-50.4%	4,6 M €	+13.8%	4 M €
Cash	268,1 k €	+11.3%	240,9 k €	-1.9%	245,7 k €	-63.2%	667,3 k €	+500%	111,3 k €	+187%	38,8 k €	-86.1%	278,4 k €	+67.2%	166,5 k €	+16.2%	143,3 k €	-27.8%	198,6 k €	+48.7%	133,6 k €	-61.1%	343,8 k €	-53.0%	730,9 k €	-1.9%	745 k €	-5.1%	784,8 k €	-31.9%	1,2 M €	+182%	409,1 k €	+976%	38 k €	-90.1%	382,9 k €	-50.0%	765,1 k €
Debts	137 k €	+58.6%	86,4 k €	-24.7%	114,7 k €	-84.4%	736,1 k €	+1069%	63 k €	+8.2%	58,2 k €	-40.2%	97,4 k €	-61.0%	249,8 k €	+8.7%	229,9 k €	-30.9%	332,8 k €	+306%	81,9 k €	-37.5%	131 k €	-16.9%	157,8 k €	-58.4%	379,2 k €	+136%	160,6 k €	-1.1%	162,5 k €	-44.3%	291,8 k €	-64.4%	819,8 k €	-6.2%	874 k €	-18.9%	1,1 M €
Other
Workforce	12,3 ETP	0.0%	12,3 ETP	+50.0%	8,2 ETP	+7.9%	7,6 ETP	+28.8%	5,9 ETP	+15.7%	5,1 ETP	-40.7%	8,6 ETP	+50.9%	5,7 ETP	-1.7%	5,8 ETP	+13.7%	5,1 ETP	-21.5%	6,5 ETP	-30.9%	9,4 ETP	+5.6%	8,9 ETP	0.0%	8,9 ETP	+1.1%	8,8 ETP	+10.0%	8,0 ETP	-16.7%	9,6 ETP	-3.0%	9,9 ETP	-5.7%	10,5 ETP	-15.3%	12,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

Ali AMERIAN

Director · since 31 juillet 2022

Active

Ended mandates

Thibaut ALAIME

Manager · since 01 mars 2017

Ended

Aurore DEBAERE

Director · since 31 mars 2012

Ended

Aurore DEBAERE

Manager · since 31 mars 2012

Ended

Thibaut ALAIME

Manager · since 03 janvier 2011

Ended

At this address

Other companies at this address

Company	CBE no.
NEW LAS VEGAS● Active	0429.849.560
TALIS● Active	0465.665.524

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	28/07/2025	11/07/2024	26/07/2023	31/10/2022	25/10/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	05/10/2022	29/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	05/10/2022	31/10/2022	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	04/09/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	13/08/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	08/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	01/08/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	19/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	23/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 22 ended

Active mandates

Ali AMERIAN

Director · since 31 juillet 2022

Active

Ended mandates

Thibaut ALAIME

Manager · since 01 mars 2017

Ended

Aurore DEBAERE

Director · since 31 mars 2012

Ended

Aurore DEBAERE

Manager · since 31 mars 2012

Ended

Thibaut ALAIME

Manager · since 03 janvier 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other09/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates06/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/01/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates29/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2015
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202591,7 k €↓
2024
Annual accounts 2024383,4 k €↑
2023
Annual accounts 2023204 k €↓
2022
Annual accounts 2022310,5 k €↑
2021
Annual accounts 202182,8 k €↑
2020
Annual accounts 202056,4 k €↓
2019
Annual accounts 2019355 k €↓
2018
Annual accounts 2018429,3 k €↑
2017
Annual accounts 2017422,1 k €↓
2016
Annual accounts 2016546,3 k €↑
2015
Annual accounts 201562,2 k €↑
2014
Annual accounts 201437,1 k €↓
2013
Annual accounts 2013276,7 k €↓
2012
Annual accounts 2012429,4 k €↑
2011
Annual accounts 2011222,3 k €↓
2010
Annual accounts 2010538,1 k €↓
2009
Annual accounts 2009578,1 k €↓
2008
Annual accounts 2008736,6 k €↓
2007
Annual accounts 2007762,6 k €↓
2006
Annual accounts 20061,6 M €
31/10/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

S T E S A

Overview

What does S T E S A do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline