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BROUWERIJ STRUBBE

Active
Private limited companyfounded 198739 yrs activeMarkt(EER) 1, 8480 Ichtegem, BelgiumKBO/BCE: BE 0431.298.028
Summary

BROUWERIJ STRUBBE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,777 and a net result of €9,026. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
BROUWERIJ STRUBBEActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of beer
NACE 11050NACE 15960
#5 oldest company in Ichtegem, Manufacturing sector1 site
Size
€643,546total assets 2025
Staff
5 FTE
Equity
€320,777
Profit
€9,026
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts filed 41 d late0 of 2 deeds read
Why 95- Latest accounts 41 days late; 1 of the last 3 late+ Founded in 1987+ Liquidity: current ratio 1.64, cash €120,635+ Equity €320,777 (49.8% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 67% of its sector peers (NACE 11, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 75+2
equity 49.8% of total assets
Liquidity 48=
short-term debt 50.2% · cash 18.7%
Profitability 71-1
return on assets 1.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (542 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▼ -1.1% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%▲ +1.1% vs 04-2025 06-2025: 0.1%▲ +22.8% vs 05-2025 07-2025: 0.2%▲ +39.8% vs 06-2025 08-2025: 0.3%▲ +118% vs 07-2025highest value 09-2025: 0.1%▼ -82.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▼ -1.6% vs 02-2026lowest value 04-2026: 0.1%▲ +4.9% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%▲ +20.3% vs 05-2026 07-2026: 0.1%▲ +9.1% vs 06-2026 08-2026: 0.2%▲ +198% vs 07-2026 09-2026: 0.3%▲ +13.6% vs 08-2026 10-2026: 0.1%▼ -60.2% vs 09-2026
  • Founded in 1987 lowers the probability for this profile
  • Liquidity: current ratio 1.64, cash €120,635 lowers the probability
  • Latest accounts 41 days late; 1 of the last 3 late raises the probability
  • Equity €320,777 (49.8% of total assets) lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.52 in 2024; short-term debt: 50.2% and cash: 18.7% of total assets), but 50.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 11, micro). Better than this share of them on solvency 76%, liquidity 57%, profitability 70%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 1.64, cash €120,635
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Latest accounts 41 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Equity €320,777 (49.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
41 d late
2024
21 d late
2023
2 d early
2022
on the day
2021
2 d early
2020
2 d early
2019
21 d early
← 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 5 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 43% of the sector filed late.

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. Usually files around 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Oldest company in Ichtegem, Manufacturing sectorin the Checked rankings #5 View
  • Positive: 5 profitable years in a rowprofit 2025: €9,026 5 years View
  • Active since 1987founded 18-06-1987 39 years View

By topic

Financials

Fiscal year
2025
Total assets
€643,546
Profit
€9,026
Solvency
49.8%
Total assets▼ 1.5%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 10-09-2026Annual accounts filed
  2. 21-08-2025Annual accounts filed
  3. 29-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of beerNACE 11050
Founded
18-06-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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