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STROUVEN

Active
Private limited companyfounded 199036 yrs activeGlabbeekstraat 156, 3450 Geetbets, BelgiumKBO/BCE: BE 0440.193.522

STROUVEN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 28% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
56 / 100
Fair= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-26
Solvency40▲+4
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.48 in 2024), and 74.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.8%
Return on assets
0.2%
Age of the figures
8 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
29 d late
2023
28 d late
2022
31 d late
2021
26 d late
2020
26 d late
2019
12 d late
← before the deadline after the deadline →
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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€233k▲ 0.7%
2024 · €231k
2018: €255k 2019: €212k 2020: €236k 2021: €173k 2022: €191k 2023: €217k 2024: €231k
2018 → 2025
Total assets
€901k▼ 20.5%
2024 · €1.13M
2018: €690k 2019: €788k 2020: €896k 2021: €1.50M 2022: €1.07M 2023: €893k 2024: €1.13M
2018 → 2025
Net result
€2k▼ 88.0%
2024 · €14k
2018: €21k 2019: €13k 2020: €25k 2021: €31k 2022: €18k 2023: €26k 2024: €14k
2018 → 2025
Working capital
€27k▼ 90.5%
2024 · €281k
2018: €218k 2019: €142k 2020: €182k 2021: €603k 2022: €82k 2023: €73k 2024: €281k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€173k-€191k▲ 10.7%€217k▲ 13.5%€231k▲ 6.4%€233k▲ 0.7%
Operating result€63k-€46k▼ 26.7%€55k▲ 18.8%€40k▼ 27.8%€27k▼ 32.3%
Net result€31k-€18k▼ 39.8%€26k▲ 39.6%€14k▼ 46.2%€2k▼ 88.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €63k€63kNet result 2021: €31k€31kOperating result 2022: €46k€46kNet result 2022: €18k€18kOperating result 2023: €55k€55kNet result 2023: €26k€26kOperating result 2024: €40k€40kNet result 2024: €14k€14kOperating result 2025: €27k€27kNet result 2025: €2k€2k20212022202320242025
The operating result has fallen two years in a row; 2025 is 32% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €901k
Fixed assets €331k▲ 23.3%
Current assets €570k▼ 34.2%
Equity and liabilities €901k
Equity €233k▲ 0.7%
Debt €668k▼ 26.0%
The debt ratio falls from 79.6% to 74.2%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68k
2024 · €90k
Cash flow
€43k
2024 · €64k
Solvency
25.8%
2024 · 20.4%
Current ratio
1.05
2024 · 1.48
Quick ratio
0.47
2024 · 0.62
Debt / equity
2.87
2024 · 3.90
ROE
0.7%
2024 · 6.0%
ROA
0.2%
2024 · 1.2%
Interest coverage
2.60
2024 · 4.19
Debt
€668k
2024 · €902k
Debt ≤ 1 year
€543k
2024 · €584k
Debt > 1 year
€125k
2024 · €318k
Income taxes
€2k
2024 · €8k
Staff costs
€198k
2024 · €242k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.13M€901k
Fixed assets21/28€268k€331k
Tangible fixed assets22/27€268k€331k
Land and buildings22€185k€174k
Plant, machinery and equipment23€48k€68k
Furniture and vehicles24€35k€89k
Other tangible fixed assets26€66-
Financial fixed assets28€10€10=
Current assets29/58€865k€570k
Stocks and contracts in progress3€501k€314k
Stocks30/36€501k€244k
Contracts in progress37-€69k
Amounts receivable within one year40/41€273k€215k
Trade receivables40€205k€139k
Other amounts receivable41€68k€76k
Cash at bank and in hand54/58€70k€13k
Deferred charges and accrued income490/1€21k€28k
Equity and liabilities
Total equity and liabilities10/49€1.13M€901k
Equity10/15€231k€233k
Contributions10/11€23k€23k=
Reserves13€209k€210k
Tax-exempt reserves132€8k€8k=
Distributable reserves133€201k€202k
Amounts payable17/49€902k€668k
Amounts payable after more than one year17€318k€125k
Financial debts170/4€318k€125k
Amounts payable within one year42/48€584k€543k
Current portion of amounts payable after more than one year42€35k€43k
Financial debts43€151k€24k
Credit institutions430/8€151k€24k
Trade debts44€307k€363k
Suppliers440/4€307k€363k
Taxes, remuneration and social security45€30k€17k
Taxes450/3€15k€2k
Remuneration and social security454/9€15k€16k
Other amounts payable47/48€62k€95k
Accrued charges and deferred income492/3-€535
Income statement Code20242025
Remuneration, social security and pensions62€242k€198k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€41k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11k
Other operating charges640/8€10k€15k
Gross operating margin9900€342k€293k
Operating profit (loss)9901€40k€27k
Financial income75/76B€3k€3k=
Recurring financial income75€3k€3k
Non-recurring financial income76B€52-
Financial charges65/66B€21k€26k
Recurring financial charges65€21k€26k
Profit (loss) for the period before taxes9903€21k€4k
Income taxes67/77€8k€2k
Profit (loss) for the period9904€14k€2k
Profit (loss) for the period to be appropriated9905€14k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€14k€2k
Transfer to equity691/2€14k€2k
To other reserves6921€14k€2k
Social balance
Average headcount (FTE)90874.13.2

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €2k ▼88%
Net result drops to €2k, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial Equity above €200kEq €217k ▲13.5%
6 profitable years in a row build equity to €217k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial Highest result since 2018net €31k ▲24.7%
Operating result €63k, net result €31k, both a record.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
12-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geetbets · 1 establishment unit since 1990
establishment approximate The establishment unit on the map
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.

Glabbeekstraat 1563450 Geetbets
Ground area
7,937 m²
Building footprint
104 m²
Volume, LiDAR
270 m³
Parcel 24028E0472/00K000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Glabbeekstraat 156, 3450 Geetbets
Construction of utility projects for electricity and telecommunications
since 19902.047.890.724
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24028E0472/00K000 Flanders 7,937 m² 1 · 104 m² 7.8 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 176 EUR awarded · 120 EUR paid
Year Entries awardedpaid
2025 1 176 EUR120 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 176 EUR · 120 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 7,987 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-02-1990
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
45310
01199Crop and animal production, hunting and related service activities
01430Raising of horses and other equines
01500Mixed farming
68121Development of residential building projects
47540Retail sale of electrical household appliances
52450
96995Pet boarding
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.