ST Engineering iDirect (Europe) CY
ActiveSummary
The annual accounts of ST Engineering iDirect (Europe) CY for fiscal year 2025 show a net loss of 62% of total assets and of 230% of the equity at the start of that year. The 2025 annual accounts show equity of €31.82M and a net result of €-46.99M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 38% of 128 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-40
Solvency67▲+28
Growth37▲+6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.85M at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.86 against 3.18 in 2024; short-term debt: 46.4% and cash: 19.7% of total assets), but 58% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42%
Return on assets
-62%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192122232425
2018 to 2025 · latest year €31.82M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
31 d early
2024
36 d early
2023
33 d early
2022
32 d early
2021
31 d early
2020
102 d late
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€50.40M▼ 41.1%
2024 · €85.56M
2018: €92.32M
2019: €107.36M
2021: €89.16M
2022: €86.08M
2023: €86.10M
2024: €85.56M
2018 → 2025
EBIT margin
-103.4%▼ 104.7pp
2024 · 1.3%
2018: 8.6%
2019: 8.7%
2021: 4.6%
2022: -26.6%
2023: 0.2%
2024: 1.3%
2018 → 2025
Net result
€-46.99M▼ 723%
2024 · €-5.71M
2018: €7.16M
2019: €8.98M
2021: €4.00M
2022: €-23.17M
2023: €1.12M
2024: €-5.71M
2018 → 2025
Working capital
€30.21M▼ 52.8%
2024 · €64.05M
2018: €28.97M
2019: €37.69M
2021: €29.70M
2022: €36.45M
2023: €66.68M
2024: €64.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€89.16M-€86.08M▼ 3.5%€86.10M=€85.56M▼ 0.6%€50.40M▼ 41.1%
Equity€48.17M-€25.01M▼ 48.1%€26.12M▲ 4.5%€20.41M▼ 21.9%€31.82M▲ 55.9%
Operating result€4.08M-€-22.88M€199k€1.12M▲ 462%€-52.13M
Net result€4.00M-€-23.17M€1.12M€-5.71M€-46.99M▼ 723%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €52.13M after €1.12M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75.83M
Fixed assets
€10.43M ▼ 78.3%
Current assets
€65.40M ▼ 30.0%
Equity and liabilities €75.83M
Equity
€31.82M ▲ 55.9%
Provisions
€377k ▼ 48.2%
Debt
€43.64M ▼ 63.8%
Debt's share of the balance-sheet total falls from 85.1% to 57.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-45.41M▼
2024 · €8.61M
Cash flow
€-40.28M▼
2024 · €1.78M
Current ratio
1.86▼
2024 · 3.18
Quick ratio
0.84▼
2024 · 1.73
Debt to equity
1.37▼
2024 · 5.90
ROE
-147.7%▼
2024 · -28.0%
ROA
-62.0%▼
2024 · -4.0%
Interest coverage
-12.55▼
2024 · 1.91
Debt ≤ 1 year
€35.19M▲
2024 · €29.36M
Debt > 1 year
€5.96M▼
2024 · €84.08M
Income taxes
€-130k▼
2024 · €439k
Staff costs
€24.28M▼
2024 · €25.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 93 lines
Balance sheet
Code20242025
Assets
Total assets20/58€141.53M€75.83M▼
Fixed assets21/28€48.12M€10.43M▼
Intangible fixed assets21€5.82M€0▼
Tangible fixed assets22/27€38.19M€6.35M▼
Land and buildings22€4.84M€4.71M▼
Plant, machinery and equipment23€2.77M€10k▼
Furniture and vehicles24€394k€86k▼
Leasing and similar rights25€27k€0▼
Other tangible fixed assets26€0€0=
Assets under construction and advance payments27€30.16M€1.54M▼
Financial fixed assets28€4.11M€4.08M▼
Affiliated companies280/1€4.11M€4.08M▼
Participating interests280€4.11M€4.08M▼
Current assets29/58€93.41M€65.40M▼
Stocks and contracts in progress3€42.65M€35.83M▼
Stocks30/36€39.57M€32.36M▼
Raw materials and consumables30/31€25.17M€21.50M▼
Work in progress32€3.70M€4.32M▲
Finished goods33€8.60M€4.85M▼
Goods purchased for resale34€2.09M€1.68M▼
Contracts in progress37€3.08M€3.48M▲
Amounts receivable within one year40/41€38.35M€13.84M▼
Trade receivables40€25.17M€11.61M▼
Other amounts receivable41€13.18M€2.23M▼
Cash at bank and in hand54/58€11.89M€14.93M▲
Deferred charges and accrued income490/1€515k€800k▲
Equity and liabilities
Total equity and liabilities10/49€141.53M€75.83M▼
Equity10/15€20.41M€31.82M▲
Contributions10/11€198k€69.84M▲
Capital10€198k€69.84M▲
Issued capital100€198k€69.84M▲
Reserves13€12.80M€1.55M▼
Non-distributable reserves130/1€11.27M€20k▼
Legal reserve130€20k€20k=
Other1319€11.25M€0▼
Tax-exempt reserves132€7k€7k=
Distributable reserves133€1.52M€1.52M=
Profit (loss) carried forward14€7.42M€-39.58M▼
Provisions and deferred taxes16€728k€377k▼
Provisions for liabilities and charges160/5€728k€377k▼
Other liabilities and charges164/5€728k€377k▼
Amounts payable17/49€120.39M€43.64M▼
Amounts payable after more than one year17€84.08M€5.96M▼
Other amounts payable178/9€84.08M€5.96M▼
Amounts payable within one year42/48€29.36M€35.19M▲
Current portion of amounts payable after more than one year42€21k€0▼
Trade debts44€18.64M€17.38M▼
Suppliers440/4€18.64M€17.38M▼
Advances received on contracts in progress46€3.10M€3.58M▲
Taxes, remuneration and social security45€4.29M€4.08M▼
Taxes450/3€963k€652k▼
Remuneration and social security454/9€3.33M€3.43M▲
Other amounts payable47/48€3.32M€10.15M▲
Accrued charges and deferred income492/3€6.95M€2.49M▼
Income statement
Code20242025
Operating income70/76A€90.36M€60.22M▼
Turnover70€85.56M€50.40M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-1.51M€-2.74M▼
Own construction capitalised72€216k€4.86M▲
Other operating income74€6.10M€7.70M▲
Operating charges60/66A€89.24M€112.35M▲
Goods for resale, raw materials and consumables60€38.26M€27.72M▼
Purchases600/8€38.89M€24.78M▼
Change in stocks: decrease (increase)609€-623k€2.94M▲
Services and other goods61€17.44M€16.03M▼
Remuneration, social security and pensions62€25.14M€24.28M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7.49M€6.72M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€558k€928k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€280k€-351k▼
Other operating charges640/8€74k€133k▲
Non-recurring operating charges66A-€36.90M
Operating profit (loss)9901€1.12M€-52.13M▼
Financial income75/76B€3.60M€9.93M▲
Recurring financial income75€3.60M€9.93M▲
Income from financial fixed assets750€1.70M€0▼
Income from current assets751€569k€406k▼
Other financial income752/9€1.33M€9.52M▲
Financial charges65/66B€9.99M€4.92M▼
Recurring financial charges65€9.99M€4.92M▼
Debt charges650€4.51M€3.62M▼
Other financial charges652/9€5.49M€1.31M▼
Profit (loss) for the period before taxes9903€-5.27M€-47.12M▼
Income taxes67/77€439k€-130k▼
Taxes670/3€439k€35k▼
Tax adjustments and reversals of tax provisions77-€165k
Profit (loss) for the period9904€-5.71M€-46.99M▼
Profit (loss) for the period to be appropriated9905€-5.71M€-46.99M▼
Appropriation of the result
Profit (loss) to be appropriated9906€7.42M€-39.58M▼
Profit (loss) brought forward from the previous period14P€13.13M€7.42M▼
Transfer from equity791/2-€11.25M
From reserves792-€11.25M
Transfer to equity691/2-€11.25M
To contributions691-€11.25M
Social balance
Average headcount (FTE)9087236.9219.9▼
The notes to these accounts (92 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
State Gazette act
Resignation: Don Claussen (director)Appointment: Sridhar Kuppanna (director) · Permanent representative: Frédéric Vandingenen · Mandate compensation9 facts ▸
State Gazette act
Resignation: Don Claussen (director)
Appointment: Sridhar Kuppanna (director) · Permanent representative: Frédéric Vandingenen · Mandate compensation9 facts ▸
- General meeting, 05-05-2026
- Director resignation, Don Claussen (director)
- Director appointment, Sridhar Kuppanna (director)
- Mandate compensation, Sridhar Kuppanna
- Board composition, Sridhar Kuppanna (director)
- Board composition, Koenraad Leon J Coeman (director)
- Board composition, Zi Mi Sophie Loh (director)
- Board composition, FREMAC BV (director)
- Permanent representative, Frédéric Vandingenen
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
27-02
State Gazette act
Appointment: Koenraad Coeman (director)Permanent representative: Frédéric Vandingenen · Mandate compensation8 facts ▸
State Gazette act
Appointment: Koenraad Coeman (director)
Permanent representative: Frédéric Vandingenen · Mandate compensation8 facts ▸
- General meeting, 04-02-2026
- Director appointment, Koenraad Coeman (director)
- Mandate compensation, Koenraad Coeman
- Board composition, Don Claussen (director)
- Board composition, FREMAC BV (director)
- Permanent representative, Frédéric Vandingenen
- Board composition, LOH Zi Mi Sophie (director)
- Board composition, Koenraad Coeman (director)
22-01
State Gazette act
Capital & shares · Statutes amendmentApproval · Capital increase · Capital6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Approval · Capital increase · Capital6 facts ▸
- General meeting, 23-12-2025
- Approval, 23-12-2025
- Capital increase, €58.400.000
- Capital, €69.843.976
- Conversion, aandelen
- Capital increase, €11.245.576
14-01
State Gazette act
Resignation: Jo De Loor (director)2 facts ▸
State Gazette act
Resignation: Jo De Loor (director)
2 facts ▸
- Board meeting, 11-12-2025
- Director resignation, Jo De Loor (director)
2025
31-12
Financial
Weakest financial yearnet €-46.99M
Net result drops to €-46.99M, the lowest in the series.
31-12
Financial
Equity above €25MEq €31.82M ▲55.9%
Equity rises from €20.41M to €31.82M.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
26-02
State Gazette act
Resignation: Donna M. Wilson (director)Appointment: LOH Zi Mi Sophie (director) · Permanent representative: Frédéric Vandingenen · Mandate compensation10 facts ▸
State Gazette act
Resignation: Donna M. Wilson (director)
Appointment: LOH Zi Mi Sophie (director) · Permanent representative: Frédéric Vandingenen · Mandate compensation10 facts ▸
- General meeting, 04-12-2023
- Director resignation, Donna M. Wilson (director)
- Director appointment, LOH Zi Mi Sophie (director)
- Mandate compensation, LOH Zi Mi Sophie
- Board composition, Don Claussen (director)
- Board composition, Jo De Loor (director)
- Board composition, FREMAC BV (director)
- Permanent representative, Frédéric Vandingenen
- Board composition, LOH Zi Mi Sophie (director)
- Power of attorney, DLA Piper UK LLP
2023
31-12
Financial
Back to profitnet €1.12M
Net result €1.12M after one loss-making year.
31-07
State Gazette act
Permanent representative: Kathleen VerlindenReappointment: PwC Bedrijfsrevisoren BV (statutory auditor) · Power of attorney5 facts ▸
State Gazette act
Permanent representative: Kathleen Verlinden
Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor) · Power of attorney5 facts ▸
- General meeting, 21-06-2023
- Permanent representative, Kathleen Verlinden
- Auditor reappointment, PwC Bedrijfsrevisoren BV
- Permanent representative, Kathleen Verlinden (commissaris representative)
- Power of attorney, DLA Piper UK LLP
Show earlier events
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
28-04
State Gazette act
Resignation: Low Ka Hoe (director)Appointment: Don Claussen (director) · Permanent representative: Frederic Vandingenen · Mandate compensation9 facts ▸
State Gazette act
Resignation: Low Ka Hoe (director)
Appointment: Don Claussen (director) · Permanent representative: Frederic Vandingenen · Mandate compensation9 facts ▸
- General meeting, 09-03-2023
- Director resignation, Low Ka Hoe (director)
- Director appointment, Don Claussen (director)
- Mandate compensation, Don Claussen
- Board composition, Jo De Loor (director)
- Board composition, Donna Wilson (director)
- Board composition, FREMAC BV (director)
- Board composition, Don Claussen (director)
- Permanent representative, Frederic Vandingenen
2022
27-12
State Gazette act
Resignation: Kevin Steen (director)Appointments: Ka Hoe Low (director) and Jo de Loor (director) · Permanent representative: Frederic Vandingenen · Mandate compensation16 facts ▸
State Gazette act
Resignation: Kevin Steen (director)
Appointments: Ka Hoe Low (director) and Jo de Loor (director) · Permanent representative: Frederic Vandingenen · Mandate compensation16 facts ▸
- General meeting, 29-09-2022
- Director resignation, Kevin Steen (director)
- Director appointment, Ka Hoe Low (director)
- Mandate compensation, Ka Hoe Low
- Board composition, Donna Wilson (director)
- Board composition, FREMAC BV (director)
- Permanent representative, Frederic Vandingenen
- Board composition, Ka Hoe Low (director)
- General meeting, 08-11-2022
- Director appointment, Jo de Loor (director)
- Mandate compensation, Jo de Loor
- Board composition, Donna Wilson (director)
- +4 further facts in this act
26-07
State Gazette act
Statutes amendmentPower of attorney3 facts ▸
State Gazette act
Statutes amendment
Power of attorney3 facts ▸
- General meeting, 12-07-2021
- Statutes amendment
- Power of attorney, DLA Piper UK LLP
15-07
State Gazette act
Resignations: Thomas Van den Driessche (director) and Acumint BV (day-to-day manager)4 facts ▸
State Gazette act
Resignations: Thomas Van den Driessche (director) and Acumint BV (day-to-day manager)
4 facts ▸
- Board meeting, 28-06-2022
- Director resignation, Thomas Van den Driessche (director)
- Board meeting, 30-06-2022
- Director resignation, Acumint BV (day-to-day manager)
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 102 days late
19-10
State Gazette act
Resignation: Chris Norem (director)Appointment: Donna Wilson (director) · Permanent representative: Frédéric Vandingénen · Mandate compensation9 facts ▸
State Gazette act
Resignation: Chris Norem (director)
Appointment: Donna Wilson (director) · Permanent representative: Frédéric Vandingénen · Mandate compensation9 facts ▸
- General meeting, 31-08-2021
- Director resignation, Chris Norem (director)
- Director appointment, Donna Wilson (director)
- Mandate compensation, Donna Wilson
- Board composition, Kevin Steen (director)
- Board composition, Thomas Van den Driessche (director)
- Board composition, FREMAC BV (director)
- Board composition, Donna Wilson (director)
- Permanent representative, Frédéric Vandingénen
28-06
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)Appointment: PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Peter D'Hondt · Power of attorney5 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
Appointment: PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Peter D'Hondt · Power of attorney5 facts ▸
- General meeting, 31-05-2021
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV
- Auditor appointment, PricewaterhouseCoopers Bedrijfsrevisoren BV
- Permanent representative, Peter D'Hondt (company auditor)
- Power of attorney, DLA Piper UK LLP
2020
31-12
State Gazette act
Appointment: Fremac BV (independent director)Permanent representative: Frédéric Vandingenen · Mandate compensation8 facts ▸
State Gazette act
Appointment: Fremac BV (independent director)
Permanent representative: Frédéric Vandingenen · Mandate compensation8 facts ▸
- General meeting, 27-11-2020
- Director appointment, Fremac BV (independent director)
- Permanent representative, Frédéric Vandingenen
- Mandate compensation, Fremac BV
- Board composition, Kevin Steen (director)
- Board composition, Chris Norem (director)
- Board composition, Thomas Van Den Driessche (director)
- Board composition, Fremac BV (director)
18-05
State Gazette act
Assemblee Generale - Annee ComptableStatutes amendment4 facts ▸
State Gazette act
Assemblee Generale - Annee Comptable
Statutes amendment4 facts ▸
- General meeting, 11-05-2020
- Statutes amendment, Artikel 29
- Statutes amendment, Artikel 21
- Statutes amendment, Artikelen 12 en 17
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
23-10
State Gazette act
Appointments: Acumint BVBA, Kevin Steen and 2 othersPermanent representatives: Thomas Van den Driessche, Roald Borré and 7 others · Resignations: Dirk Breynaert, ParticipatieMaatschappij Vlaanderen NV and 8 others · Mandate compensation34 facts ▸
State Gazette act
Appointments: Acumint BVBA, Kevin Steen and 2 others
Permanent representatives: Thomas Van den Driessche, Roald Borré and 7 others · Resignations: Dirk Breynaert, ParticipatieMaatschappij Vlaanderen NV and 8 others · Mandate compensation34 facts ▸
- Board meeting, 27-09-2019
- Director appointment, Acumint BVBA (day-to-day manager)
- Permanent representative, Thomas Van den Driessche
- General meeting, 01-10-2019
- Director resignation, Dirk Breynaert (director)
- Director resignation, ParticipatieMaatschappij Vlaanderen NV (director)
- Permanent representative, Roald Borré
- Director resignation, Jinvest BVBA (director)
- Permanent representative, Jürgen Ingels
- Director resignation, Carabi SPRL (director)
- Permanent representative, Emmanuel Schellekens
- Director resignation, WINCK! BVBA (director)
- +22 further facts in this act
30-09
Financial
Highest result since 2018net €8.98M ▲25.5%
Operating result €9.34M, net result €8.98M, both a record.
17-05
State Gazette act
Appointment: Winck! BVBA (independent director)Permanent representatives: Hans Witdouck, Harry Everaerts Bedrijfsrevisor BV BVBA and 2 others · Mandate compensation7 facts ▸
State Gazette act
Appointment: Winck! BVBA (independent director)
Permanent representatives: Hans Witdouck, Harry Everaerts Bedrijfsrevisor BV BVBA and 2 others · Mandate compensation7 facts ▸
- General meeting, 07-03-2019
- Director appointment, Winck! BVBA (independent director)
- Permanent representative, Hans Witdouck
- Permanent representative, Harry Everaerts Bedrijfsrevisor BV BVBA (permanent representative)
- Permanent representative, BVBA L. Cornelis (permanent representative)
- Permanent representative, Lieve Cornelis
- Mandate compensation, Ernst & Young Bedrijfsrevisoren
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-05
State Gazette act
Resignation: Emmanuel Schellekens (director)Appointment: Carabi sprl (director) · Permanent representative: Emmanuel Schellekens4 facts ▸
State Gazette act
Resignation: Emmanuel Schellekens (director)
Appointment: Carabi sprl (director) · Permanent representative: Emmanuel Schellekens4 facts ▸
- General meeting, 12-03-2018
- Director resignation, Emmanuel Schellekens (director)
- Director appointment, Carabi sprl (director)
- Permanent representative, Emmanuel Schellekens
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
2017
11-04
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Permanent representative: Harry Everaerts · Representative designation4 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Harry Everaerts · Representative designation4 facts ▸
- General meeting, 01-03-2017
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren
- Permanent representative, Harry Everaerts
- Representative designation, art. 132 WVV
21-02
State Gazette act
Resignations: Sonja De Pinnewaert, Dirk Breynaert and 3 othersAppointments: Participatiemaatschappij Vlaanderen NV, Jinvest BVBA and 2 others · Permanent representatives: Roald Borré and Jürgen Ingels · Director discharge21 facts ▸
State Gazette act
Resignations: Sonja De Pinnewaert, Dirk Breynaert and 3 others
Appointments: Participatiemaatschappij Vlaanderen NV, Jinvest BVBA and 2 others · Permanent representatives: Roald Borré and Jürgen Ingels · Director discharge21 facts ▸
- General meeting, 25-01-2017
- Director resignation, Sonja De Pinnewaert (director)
- Director resignation, Dirk Breynaert (director)
- Director resignation, Jean-Marie Maes (director)
- Director resignation, Emmanuel Schellekens (director)
- Director resignation, Serge Van Herck (director)
- Director discharge, Sonja De Pinnewaert (director)
- Director discharge, Dirk Breynaert (director)
- Director discharge, Jean-Marie Maes (director)
- Director discharge, Emmanuel Schellekens (director)
- Director discharge, Serge Van Herck (director)
- Director appointment, Participatiemaatschappij Vlaanderen NV (director)
- +9 further facts in this act
16-01
State Gazette act
Resignations: GMFA bvba (member of the executive committee) and Wicos bvba (member of the executive committee)Permanent representatives: Serge Van Herck, Wim Cosyns and 3 others · Appointments: Acumint bvba, Xploor BVBA and R.V.D.-Securíties NV11 facts ▸
State Gazette act
Resignations: GMFA bvba (member of the executive committee) and Wicos bvba (member of the executive committee)
Permanent representatives: Serge Van Herck, Wim Cosyns and 3 others · Appointments: Acumint bvba, Xploor BVBA and R.V.D.-Securíties NV11 facts ▸
- Board meeting, 09-12-2016
- Director resignation, GMFA bvba (member of the executive committee)
- Permanent representative, Serge Van Herck
- Director resignation, Wicos bvba (member of the executive committee)
- Permanent representative, Wim Cosyns
- Director appointment, Acumint bvba (member of the executive committee)
- Permanent representative, Thomas Van den Driessche
- Director appointment, Xploor BVBA (member of the executive committee)
- Permanent representative, Frederik Simoens
- Director appointment, R.V.D.-Securíties NV (member of the executive committee)
- Permanent representative, Erwin Vandendriessche
2014
21-11
State Gazette act
Resignations: Carabi BVBA (member of the executive committee) and Demutec bvba (member of the executive committee)Permanent representatives: Emmanuel Schellekens, Jean-Pierre De Muyt and Wim Cosyns · Appointment: Wicos bvba (member of the executive committee)7 facts ▸
State Gazette act
Resignations: Carabi BVBA (member of the executive committee) and Demutec bvba (member of the executive committee)
Permanent representatives: Emmanuel Schellekens, Jean-Pierre De Muyt and Wim Cosyns · Appointment: Wicos bvba (member of the executive committee)7 facts ▸
- Board meeting, 04-06-2014
- Director resignation, Carabi BVBA (member of the executive committee)
- Director resignation, Demutec bvba (member of the executive committee)
- Permanent representative, Emmanuel Schellekens
- Permanent representative, Jean-Pierre De Muyt
- Director appointment, Wicos bvba (member of the executive committee)
- Permanent representative, Wim Cosyns
06-05
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
- General meeting, 12-03-2014
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
27-01
State Gazette act
Resignation: YBW Consulting bvba (member of the executive committee)Permanent representative: Yves Bronchain3 facts ▸
State Gazette act
Resignation: YBW Consulting bvba (member of the executive committee)
Permanent representative: Yves Bronchain3 facts ▸
- Board meeting, 16-12-2013
- Director resignation, YBW Consulting bvba (member of the executive committee)
- Permanent representative, Yves Bronchain
2013
14-05
State Gazette act
Resignations: Sonja De Pinnewaert, Serge Van Herck and Emmanuel SchellekensReappointments: Sonja De Pinnewaert, Serge Van Herck and Emmanuel Schellekens7 facts ▸
State Gazette act
Resignations: Sonja De Pinnewaert, Serge Van Herck and Emmanuel Schellekens
Reappointments: Sonja De Pinnewaert, Serge Van Herck and Emmanuel Schellekens7 facts ▸
- General meeting, 13-03-2013
- Director resignation, Sonja De Pinnewaert (director)
- Director resignation, Serge Van Herck (director)
- Director resignation, Emmanuel Schellekens (director)
- Director reappointment, Sonja De Pinnewaert (director)
- Director reappointment, Serge Van Herck (director)
- Director reappointment, Emmanuel Schellekens (director)
2012
30-07
State Gazette act
Capital & sharesShare issue · Capital increase · Power of attorney4 facts ▸
State Gazette act
Capital & shares
Share issue · Capital increase · Power of attorney4 facts ▸
- General meeting
- Share issue, 150, 10 years
- Capital increase
- Power of attorney, twee bestuurders, gezamenlijk optredend
2011
25-03
State Gazette act
Reappointments: Dirk Breynaert, Jean-Marie Maes and Ernst & Young Bedrijfsrevisoren BCVBA4 facts ▸
State Gazette act
Reappointments: Dirk Breynaert, Jean-Marie Maes and Ernst & Young Bedrijfsrevisoren BCVBA
4 facts ▸
- General meeting, 09-03-2011
- Director reappointment, Dirk Breynaert (director)
- Director reappointment, Jean-Marie Maes (director)
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
11-01
State Gazette act
Benaming - BoekjaarStatutes amendment2 facts ▸
State Gazette act
Benaming - Boekjaar
Statutes amendment2 facts ▸
- General meeting, 20-12-2010
- Statutes amendment
2010
17-08
State Gazette act
Resignation: Schorey bvba (member of the executive committee)Permanent representative: Maximilien d'Oreye de Lantremange3 facts ▸
State Gazette act
Resignation: Schorey bvba (member of the executive committee)
Permanent representative: Maximilien d'Oreye de Lantremange3 facts ▸
- Board meeting, 28-07-2010
- Director resignation, Schorey bvba (member of the executive committee)
- Permanent representative, Maximilien d'Oreye de Lantremange
2007
01-08
State Gazette act
Capital & shares · Statutes amendmentCapital · Statutes amendment8 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital · Statutes amendment8 facts ▸
- General meeting
- Capital, €198.400
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
26-07
State Gazette act
Resignation: Hilde Wattez (director)Appointments: Serge Van Herck, Emmanuel Schellekens and Sonja De Pinnewaert · Mandate term8 facts ▸
State Gazette act
Resignation: Hilde Wattez (director)
Appointments: Serge Van Herck, Emmanuel Schellekens and Sonja De Pinnewaert · Mandate term8 facts ▸
- General meeting, 14-06-2007
- Director resignation, Hilde Wattez (director)
- Director appointment, Serge Van Herck (director)
- Director appointment, Emmanuel Schellekens (director)
- Director appointment, Sonja De Pinnewaert (director)
- Mandate term, eindigt onmiddellijk na de gewone algemene vergadering die zich dient uit te spreken over de goedkeuring van de jaarrekening van het boekjaar afgesloten op 30 s…
- Mandate term, eindigt onmiddellijk na de gewone algemene vergadering die zich dient uit te spreken over de goedkeuring van de jaarrekening van het boekjaar afgesloten op 30 s…
- Mandate term, eindigt onmiddellijk na de gewone algemene vergadering die zich dient uit te spreken over de goedkeuring van de jaarrekening van het boekjaar afgesloten op 30 s…
2006
08-05
State Gazette act
Appointment: G.M FA (algemeen directeur)Permanent representative: Serge Van Herck3 facts ▸
State Gazette act
Appointment: G.M FA (algemeen directeur)
Permanent representative: Serge Van Herck3 facts ▸
- General meeting, 07-03-2006
- Director appointment, G.M FA (algemeen directeur (ceo))
- Permanent representative, Serge Van Herck
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 directors, no change since 2026
Sridhar Kuppanna
CurrentDirector · since 26-03-2026
Koenraad Coeman
CurrentDirector · since 04-02-2026
LOH Zi Mi Sophie
CurrentDirector · since 04-12-2023
Donna Wilson
CurrentDirector · since 31-08-2021
FREMAC BV
CurrentIndependent director · since 01-11-2020 · Legal entity · perm. rep.: Frédéric Vandingenen
Acumint BVBA
Not recently confirmedDay-to-day manager · since 01-10-2019 · Legal entity · perm. rep.: Thomas Van den Driessche
6 other directors
JINVEST
Not recently confirmedDirector · since 25-01-2017 · Private limited company · perm. rep.: Jürgen Ingels
Participatiemaatschappij Vlaanderen
Not recently confirmedDirector · since 25-01-2017 · Public limited company · perm. rep.: Roald Borré
Acumint
Not recently confirmedMember of the executive committee · since 01-01-2017 · Private limited company · perm. rep.: Thomas Van den Driessche
R.V.D. - SECURITIES
Not recently confirmedMember of the executive committee · since 01-01-2017 · Public limited company · perm. rep.: Erwin Vandendriessche
XPLOOR
Not recently confirmedMember of the executive committee · since 01-01-2017 · Private limited company · perm. rep.: Frederik Simoens
G.M FA
Not recently confirmedAlgemeen directeur (ceo) · since 01-03-2006 · Legal entity · perm. rep.: Serge Van Herck
26-03-2026
Sridhar Kuppanna: Appointed as Director
26-03-2026
Don Claussen: Resigned as Director
04-02-2026
Koenraad Coeman: Appointed as Director
06-01-2026
Jo De Loor: Resigned as Director
04-12-2023
LOH Zi Mi Sophie: Appointed as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 3 establishment units since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Laarstraat 59100 Sint-NiklaasGround area
3.4 ha
Building footprint
4,868 m²
Volume, LiDAR
26,181 m³
3 parcels, Flanders · tallest building 22.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
ST Engineering iDirect (Europe) CY
since 20022.026.082.253
ST Engineering iDirect (Europe) CY
since 20082.176.443.438
ST Engineering iDirect (Europe) CY
since 20192.284.018.220
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C1133/00C000 | Flanders | 1.4 ha | 1 · 1,575 m² | 22.0 m · 3 fl. |
| 41016D0976/00K000 | Flanders | 1.2 ha | 1 · 2,336 m² | 8.2 m · 2 fl. |
| 46442C1166/00G000 | Flanders | 7,395 m² | 1 · 957 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BV PwC BedrijfsrevisorenCurrent Auditor · represented by Kathleen Verlinden | 21-06-2023 → present |
Show 4 earlier auditors
| Ernst & Young Bedrijfsrevisoren Auditor succeeded by Ernst & Young Bedrijfsrevisoren BV in 2021 | 01-03-2017 → 31-05-2021 |
| Ernst & Young Bedrijfsrevisoren BCVBA Auditor succeeded by Ernst & Young Bedrijfsrevisoren in 2017 | 09-03-2011 → 01-03-2017 |
| Ernst & Young Bedrijfsrevisoren BV Auditor succeeded by BV PwC Bedrijfsrevisoren in 2023 | 31-05-2021 → 21-06-2023 |
| PricewaterhouseCoopers Bedrijfsrevisoren BV Auditor · represented by Peter D'Hondt succeeded by BV PwC Bedrijfsrevisoren in 2023 | 31-05-2021 → 21-06-2023 |
Structure & network
Connections & network
47 connected companiesLinked via shared directors
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Capital and shareholders
Capital over the years
- 22-01-2026 Capital increase of 58,400,000 EUR · to 69,843,976 EUR · no new shares · “verhoging van fractiewaarde van bestaande aandelen”
- 22-01-2026 Capital increase of 11,245,576 EUR · to 11,443,976 EUR · 11,245,576 new shares · from reserves
- 01-08-2007 Capital stated in the act · 198,400 EUR · 2,500 shares
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 53,378 EUR awarded · 53,378 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,262 EUR | 2,262 EUR |
| 2024 | 1 | 21,251 EUR | 21,251 EUR |
| 2023 | 1 | 25,816 EUR | 25,816 EUR |
| 2022 | 1 | 4,049 EUR | 4,049 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
European Union, budget
2022 to 2025 · 2 entries · 8,442,030 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 4,696,955 EUR |
| 2022 | 1 | 3,745,075 EUR |
Projects
EUROPEAN PROTECTED WAVEFORM (PHASE 2)
EDF-2021-EPW
Recognitions · licences · registrations
Legal Entity Identifier
549300MR59WF7D7ZRB23
Similar companies · same sector, comparable size
ZENITEL
BE 0403.150.608
Asse · Eq €38.25M
TELEVIC RAIL
BE 0825.539.581
Izegem · Eq €25.02M
FIKE EUROPE
BE 0425.580.966
Herentals · Eq €23.99M
TELEVIC GROUP
BE 0402.757.955
Izegem · Eq €21.62M
DANA BELGIUM
BE 0459.906.692
Brugge · Eq €56.03M
Of 122 companies in sector 26300 we hold annual accounts for 97. 22 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-01-1985
Fiscal year end31-12
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
46500Wholesale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 50 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:sales@newtec.eu
Phone:053 60 50 20