STRUBBE
ActiveSummary
The annual accounts of STRUBBE for fiscal year 2025 show a net loss of 54% of total assets. The 2025 annual accounts show equity of €38k and a net result of €-23k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 94% of 18280 sector peers (fiscal year 2025). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k 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 10.33 against 15.78 in 2024; short-term debt: 9.5% and cash: 58.3% of total assets), and 9.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.5%
Return on assets
-54%
Age of the figures
9 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d late
2023
14 d late
2022
73 d late
2021
122 d late
2020
88 d late
2019
31 d late
← 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, micro schema
Equity
€38k▼ 37.3%
2024 · €60k
2018: €59k
2019: €65k
2020: €36k
2021: €33k
2022: €53k
2023: €44k
2024: €60k
2018 → 2025
Total assets
€42k▼ 35.1%
2024 · €64k
2018: €124k
2019: €125k
2020: €69k
2021: €81k
2022: €99k
2023: €89k
2024: €64k
2018 → 2025
Net result
€-23k
2024 · €16k
2018: €-21k
2019: €6k
2020: €-29k
2021: €-4k
2022: €20k
2023: €-9k
2024: €16k
2018 → 2025
Working capital
€37k▼ 37.7%
2024 · €59k
2018: €45k
2019: €57k
2020: €31k
2021: €29k
2022: €50k
2023: €42k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€53k▲ 62.6%€44k▼ 16.1%€60k▲ 35.7%€38k▼ 37.3%
Operating result€-3k-€21k€-8k€16k€-22k
Net result€-4k-€20k€-9k€16k€-23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €16k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€950 ▼ 18.9%
Current assets
€41k ▼ 35.4%
Equity and liabilities €42k
Equity
€38k ▼ 37.3%
Debt
€4k ▼ 1.3%
Debt's share of the balance-sheet total rises from 6.2% to 9.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▼
2024 · €17k
Cash flow
€-22k▼
2024 · €16k
Current ratio
10.33▼
2024 · 15.78
Debt to equity
0.10▲
2024 · 0.07
ROE
-59.6%▼
2024 · 26.3%
ROA
-54.0%▼
2024 · 24.7%
Interest coverage
-370.21▼
2024 · 137.45
Debt ≤ 1 year
€4k▼
2024 · €4k
Income taxes
€202▲
2024 · €131
Staff costs
€22k▼
2024 · €28k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€64k€42k▼
Fixed assets21/28€1k€950▼
Tangible fixed assets22/27€749€527▼
Land and buildings22€733€527▼
Furniture and vehicles24€16-
Financial fixed assets28€423€423=
Current assets29/58€63k€41k▼
Amounts receivable within one year40/41€8k€15k▲
Trade receivables40€3k€14k▲
Other amounts receivable41€5k€1k▼
Cash at bank and in hand54/58€54k€24k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€64k€42k▼
Equity10/15€60k€38k▼
Contributions10/11€20k€20k=
Reserves13€41k€41k=
Non-distributable reserves130/1€39k€39k=
Other1319€39k€39k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-84€-23k▼
Amounts payable17/49€4k€4k▼
Amounts payable within one year42/48€4k€4k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3-€2k
Remuneration and social security454/9€2k-
Income statement
Code20242025
Non-recurring operating income76A€47k€2k▼
Remuneration, social security and pensions62€28k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€501€222▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€46k€3k▼
Operating profit (loss)9901€16k€-22k▼
Financial income75/76B€98€236▲
Recurring financial income75€98€236▲
Financial charges65/66B€120€60▼
Recurring financial charges65€120€60▼
Profit (loss) for the period before taxes9903€16k€-22k▼
Income taxes67/77€131€202▲
Profit (loss) for the period9904€16k€-23k▼
Profit (loss) for the period to be appropriated9905€16k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-84€-23k▼
Profit (loss) brought forward from the previous period14P€-16k€-84▲
The notes to these accounts (9 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 15.78
Current ratio from 1.95 to 15.78; short-term debt falls from €45k to €4k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-29k ▼578%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
Show earlier events
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 100 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Damme · 1 establishment unit since 1986
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.
Damse Vaart-Zuid 38340 DammeGround area
303 m²
Building footprint
224 m²
Volume, LiDAR
1,269 m³
Parcel 31006C0037/02D000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA STRUBBE
since 19862.031.203.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31006C0037/02D000 | Flanders | 303 m² | 1 · 224 m² | 8.3 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
DP PLUS
BE 0876.468.640
Lier · Eq €38,033
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BE 0861.118.686
Antwerpen · Eq €38,239
L'ANTRE (BY VAUDREE)
BE 0824.353.411
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IN THE KNOW
BE 0665.721.094
Etterbeek · Eq €36,962
De Paddock-Stabroek
BE 0816.789.686
Stabroek · Eq €39,419
Of 1,508 companies in sector 47252 we hold annual accounts for 651. 425 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 formPrivate limited company
Founded12-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.