ANDRE STRAGIER
ActiveSummary
ANDRE STRAGIER has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,493 and a net result of -€21,757. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-14
Solvency32▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.72 in 2024; short-term debt: 32.9% and cash: 4.4% of total assets), and 92.9% of the assets are financed with debt.
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Signals
Five 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
7.1%
Return on assets
-2.9%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10485 sector peers (2025).
NBB · sector comparisonPosition among 10485 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
on the day
2022
8 d late
2021
10 d late
2020
45 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€54,493▼ 28.5%
2024 · €76,250
Total assets
€763,032▼ 0.4%
2024 · €765,782
Net result
-€21,757
2024 · €1,519
Working capital
-€133,670▼ 160%
2024 · -€51,383
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€20,613▼ 39.0%€36,144▲ 75.3%€1,799▼ 95.0%€17,819▲ 891%-€9,150
Net result€8,251within the sector's middle half▼ 57.7%€22,322within the sector's middle half▲ 171%-€11,774below the sector's middle half€1,519below the sector's middle half-€21,757below the sector's middle half
Equity€64,184below the sector's middle half▲ 14.8%€86,505below the sector's middle half▲ 34.8%€74,731below the sector's middle half▼ 13.6%€76,250below the sector's middle half▲ 2.0%€54,493below the sector's middle half▼ 28.5%
Total assets€841,456within the sector's middle half▲ 56.2%€837,544within the sector's middle half▼ 0.5%€857,805within the sector's middle half▲ 2.4%€765,782within the sector's middle half▼ 10.7%€763,032within the sector's middle half▼ 0.4%
Debt€777,272▲ 61.0%€751,039▼ 3.4%€783,073▲ 4.3%€689,531▼ 11.9%€708,538▲ 2.8%
Working capital-€99,782▲ 6.3%-€89,197▲ 10.6%-€77,602▲ 13.0%-€51,383▲ 33.8%-€133,670▼ 160%
Solvency7.6%below the sector's middle half▼ 2.8pp10.3%below the sector's middle half▲ 2.7pp8.7%below the sector's middle half▼ 1.6pp10.0%below the sector's middle half▲ 1.2pp7.1%below the sector's middle half▼ 2.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9,150 after €17,819 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €678,888
Fixed assets
€561,641 ▼ 11.7%
Current assets
€117,247 ▼ 9.7%
Equity and liabilities €763,032
Equity
€54,493 ▼ 28.5%
Debt
€708,538 ▲ 2.8%
Debt's share of the balance-sheet total rises from 90.0% to 92.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€74,467▼
2024 · €91,932
Cash flow
€61,859▼
2024 · €75,631
Current ratio
0.47▼
2024 · 0.72
Quick ratio
0.23▼
2024 · 0.31
Debt to equity
13.00▲
2024 · 9.04
ROE
-39.9%▼
2024 · 2.0%
ROA
-2.9%▼
2024 · 0.2%
Interest coverage
4.55▼
2024 · 5.79
Debt ≤ 1 year
€250,917▲
2024 · €181,257
Debt > 1 year
€457,622▼
2024 · €506,629
Income taxes
€116▼
2024 · €431
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,102 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency under 10%
- a small loss
1.5%
went bankrupt
3.5%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,102 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,818 | €71,255 | €73,285 | €74,113 | €83,616 | ▲ 12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €978 | -€978 | ▼ 200% |
| Other operating charges640/8 | - | €13,423 | €17,698 | €19,981 | €14,066 | ▼ 29.6% |
| Gross operating margin9900 | €108,741 | €120,821 | €92,782 | €112,892 | €87,554 | ▼ 22.4% |
| Operating profit (loss)9901 | €20,613 | €36,144 | €1,799 | €17,819 | -€9,150 | ▼ 151% |
| Financial income75/76B | - | €149 | €21 | €19 | €3,878 | ▲ 20,203% |
| Recurring financial income75 | €1 | €25 | €21 | €19 | €3,878 | ▲ 20,203% |
| Non-recurring financial income76B | - | €124 | - | - | - | - |
| Financial charges65/66B | - | €11,600 | €13,274 | €15,888 | €16,370 | ▲ 3.0% |
| Recurring financial charges65 | €11,335 | €11,600 | €13,274 | €15,888 | €16,370 | ▲ 3.0% |
| Profit (loss) for the period before taxes9903 | €9,278 | €24,692 | -€11,454 | €1,950 | -€21,641 | ▼ 1,210% |
| Income taxes67/77 | €1,027 | €2,370 | €320 | €431 | €116 | ▼ 73.1% |
| Profit (loss) for the period9904 | €8,251 | €22,322 | -€11,774 | €1,519 | -€21,757 | ▼ 1,532% |
| Profit (loss) for the period to be appropriated9905 | €8,251 | €22,322 | -€11,774 | €1,519 | -€21,757 | ▼ 1,532% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €841,456 | €837,544 | €857,805 | €765,782 | €763,032 | ▼ 0.4% |
| Formation expenses20 | - | - | - | - | €84,144 | - |
| Fixed assets21/28 | €746,456 | €717,268 | €706,905 | €635,908 | €561,641 | ▼ 11.7% |
| Tangible fixed assets22/27 | €746,456 | €717,268 | €706,905 | €635,908 | €561,641 | ▼ 11.7% |
| Land and buildings22 | - | €80,724 | €63,702 | €46,681 | €29,659 | ▼ 36.5% |
| Plant, machinery and equipment23 | - | €176,355 | €155,026 | €133,698 | €112,370 | ▼ 16.0% |
| Furniture and vehicles24 | - | €252 | - | - | - | - |
| Other tangible fixed assets26 | - | €459,938 | €488,177 | €455,529 | €419,612 | ▼ 7.9% |
| Current assets29/58 | €95,000 | €120,276 | €150,899 | €129,874 | €117,247 | ▼ 9.7% |
| Stocks and contracts in progress3 | €40,474 | €60,280 | €78,984 | €73,898 | €58,765 | ▼ 20.5% |
| Stocks30/36 | - | €60,280 | €78,984 | €73,898 | €58,765 | ▼ 20.5% |
| Amounts receivable within one year40/41 | €25,704 | €36,420 | €58,488 | €31,608 | €24,031 | ▼ 24.0% |
| Trade receivables40 | - | €36,295 | €57,860 | €30,327 | €23,906 | ▼ 21.2% |
| Other amounts receivable41 | - | €125 | €629 | €1,281 | €125 | ▼ 90.2% |
| Cash at bank and in hand54/58 | €28,821 | €23,576 | €13,428 | €24,368 | €33,773 | ▲ 38.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €678 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €841,456 | €837,544 | €857,805 | €765,782 | €763,032 | ▼ 0.4% |
| Equity10/15 | €64,184 | €86,505 | €74,731 | €76,250 | €54,493 | ▼ 28.5% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €26,859 | €46,859 | €46,859 | €46,859 | €45,000 | ▼ 4.0% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €45,000 | €45,000 | €46,859 | €45,000 | ▼ 4.0% |
| Profit (loss) carried forward14 | €18,733 | €21,054 | €9,280 | €10,799 | -€9,099 | ▼ 184% |
| Amounts payable17/49 | €777,272 | €751,039 | €783,073 | €689,531 | €708,538 | ▲ 2.8% |
| Amounts payable after more than one year17 | €582,490 | €541,565 | €554,572 | €506,629 | €457,622 | ▼ 9.7% |
| Financial debts170/4 | - | €541,565 | €554,572 | €506,629 | €457,622 | ▼ 9.7% |
| Amounts payable within one year42/48 | €194,782 | €209,474 | €228,502 | €181,257 | €250,917 | ▲ 38.4% |
| Current portion of amounts payable after more than one year42 | - | €40,925 | €46,911 | €47,943 | €49,007 | ▲ 2.2% |
| Financial debts43 | - | €87,000 | €98,632 | €101,977 | €101,529 | ▼ 0.4% |
| Credit institutions430/8 | - | €87,000 | €98,632 | €101,977 | €101,529 | ▼ 0.4% |
| Trade debts44 | €43,963 | €28,088 | €708 | €4,177 | €79,064 | ▲ 1,793% |
| Suppliers440/4 | - | €28,088 | €708 | €4,177 | €79,064 | ▲ 1,793% |
| Taxes, remuneration and social security45 | - | €6,908 | €764 | €2,373 | €7,474 | ▲ 215% |
| Taxes450/3 | - | €6,908 | €764 | €2,373 | €7,474 | ▲ 215% |
| Other amounts payable47/48 | - | €46,553 | €81,487 | €24,786 | €13,843 | ▼ 44.1% |
| Accrued charges and deferred income492/3 | - | - | - | €1,646 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,251 | €22,322 | -€11,774 | €1,519 | -€21,757 | ▼ 1,532% |
| + Depreciation and write-downs630 | €59,818 | €71,255 | €73,285 | €74,113 | €83,616 | ▲ 12.8% |
| Operating cash flow (approximation) | €68,069 | €93,577 | €61,511 | €75,631 | €61,859 | ▼ 18.2% |
| Investment in fixed assets (approximation) | - | -€42,068 | -€62,922 | -€3,115 | -€9,349 | ▼ 200% |
| Change in cash | - | -€5,245 | -€10,148 | €10,940 | €9,405 | ▼ 14.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€21,757
Net result drops to -€21,757, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €1,519
Net result €1,519 after one loss-making year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 45 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Ingelmunster · 1 establishment unit since 1987
Ground area
696 m²
Building footprint
159 m²
Volume, LiDAR
888 m³
Parcel 36007A0197/00B002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
André Stragier
since 19872.129.308.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007A0197/00B002 | Flanders | 696 m² | 1 · 159 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteIngelmunster2.129.308.960
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Of 1,265 companies in sector 47300 we hold annual accounts for 951. 730 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-03-1987
Fiscal year end31-03
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
95316Washing and cleaning of motor vehicles
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430745920
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.