Holstra
ActiveSummary
Holstra has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €179k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+12
Solvency32▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.04 in 2024; short-term debt: 90.8% and cash: 6.8% of total assets), and 92.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
7.5%
Return on assets
8.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 10%
← weakest
strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
on the day
2022
31 d late
2021
31 d late
2020
45 d early
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€155k▲ 5.8%
2024 · €146k
Total assets
€2.07M▲ 7.5%
2024 · €1.93M
Net result
€179k▲ 36.8%
2024 · €130k
Working capital
€120k▲ 61.8%
2024 · €74k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€104k▼ 57.2%€7k▼ 93.1%€112k▲ 1,464%€151k▲ 35.1%€188k▲ 24.4%
Net result€112k▼ 51.0%€-76€92k€130k▲ 41.2%€179k▲ 36.8%
Equity€140k▲ 5.4%€139k▼ 0.1%€144k▲ 3.5%€146k▲ 1.4%€155k▲ 5.8%
Total assets€2.19M▲ 19.6%€1.86M▼ 15.2%€1.99M▲ 7.0%€1.93M▼ 2.9%€2.07M▲ 7.5%
Debt€2.05M▲ 20.7%€1.72M▼ 16.2%€1.84M▲ 7.3%€1.78M▼ 3.2%€1.92M▲ 7.6%
Working capital€83k▼ 21.5%€82k▼ 0.5%€83k▲ 1.4%€74k▼ 11.2%€120k▲ 61.8%
Staff (FTE)18.8▲ 6.2%18.8=13.3▼ 29.3%12.3▼ 7.5%12.6▲ 2.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€71k ▼ 29.4%
Current assets
€2.00M ▲ 9.5%
Equity and liabilities €2.07M
Equity
€155k ▲ 5.8%
Debt
€1.92M ▲ 7.6%
Debt's share of the balance-sheet total rises from 92.4% to 92.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€254k▲
2024 · €185k
Cash flow
€245k▲
2024 · €165k
Current ratio
1.06▲
2024 · 1.04
Quick ratio
0.56▼
2024 · 0.65
Debt to equity
12.38▲
2024 · 12.18
ROE
115.2%▲
2024 · 89.1%
ROA
8.6%▲
2024 · 6.8%
Interest coverage
10.44▲
2024 · 4.91
Debt ≤ 1 year
€1.88M▲
2024 · €1.76M
Debt > 1 year
€25k▼
2024 · €25k
Income taxes
€7k▲
2024 · €5k
Staff costs
€736k▲
2024 · €685k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €6k | - | €915 | €0 | €1k | - |
| Remuneration, social security and pensions62 | €1.05M | €866k | €774k | €685k | €736k | ▲ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €36k | €34k | €34k | €66k | ▲ 93.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | €0 | - | - | - |
| Other operating charges640/8 | €5k | €4k | €9k | €8k | €4k | ▼ 47.5% |
| Gross operating margin9900 | €1.18M | €916k | €929k | €879k | €995k | ▲ 13.2% |
| Operating profit (loss)9901 | €104k | €7k | €112k | €151k | €188k | ▲ 24.4% |
| Financial income75/76B | €26k | €17k | €16k | €22k | €22k | ▲ 0.4% |
| Recurring financial income75 | €26k | €17k | €16k | €22k | €22k | ▲ 0.4% |
| Financial charges65/66B | €15k | €17k | €27k | €38k | €24k | ▼ 35.4% |
| Recurring financial charges65 | €15k | €17k | €27k | €38k | €24k | ▼ 35.4% |
| Profit (loss) for the period before taxes9903 | €115k | €8k | €101k | €135k | €186k | ▲ 37.2% |
| Income taxes67/77 | €3k | €8k | €8k | €5k | €7k | ▲ 45.5% |
| Profit (loss) for the period9904 | €112k | €-76 | €92k | €130k | €179k | ▲ 36.8% |
| Transfer from tax-exempt reserves789 | €11k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €123k | €-76 | €92k | €130k | €179k | ▲ 36.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.19M | €1.86M | €1.99M | €1.93M | €2.07M | ▲ 7.5% |
| Fixed assets21/28 | €157k | €143k | €134k | €100k | €71k | ▼ 29.4% |
| Tangible fixed assets22/27 | €149k | €135k | €126k | €92k | €63k | ▼ 31.9% |
| Land and buildings22 | €60k | €64k | €58k | €46k | €5k | ▼ 88.7% |
| Plant, machinery and equipment23 | €20k | €20k | €30k | €22k | €12k | ▼ 44.5% |
| Furniture and vehicles24 | €8k | €4k | €3k | €3k | €4k | ▲ 40.8% |
| Leasing and similar rights25 | €60k | €47k | €35k | €22k | €41k | ▲ 90.0% |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €2.03M | €1.71M | €1.85M | €1.83M | €2.00M | ▲ 9.5% |
| Stocks and contracts in progress3 | €842k | €917k | €773k | €694k | €953k | ▲ 37.4% |
| Stocks30/36 | €328k | €451k | €397k | €413k | €401k | ▼ 2.9% |
| Contracts in progress37 | €514k | €466k | €376k | €281k | €552k | ▲ 96.7% |
| Amounts receivable within one year40/41 | €566k | €629k | €829k | €899k | €883k | ▼ 1.7% |
| Trade receivables40 | €277k | €354k | €379k | €261k | €258k | ▼ 1.2% |
| Other amounts receivable41 | €290k | €275k | €450k | €638k | €626k | ▼ 2.0% |
| Cash at bank and in hand54/58 | €622k | €169k | €251k | €213k | €140k | ▼ 34.1% |
| Deferred charges and accrued income490/1 | €1k | - | - | €24k | €26k | ▲ 11.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.19M | €1.86M | €1.99M | €1.93M | €2.07M | ▲ 7.5% |
| Equity10/15 | €140k | €139k | €144k | €146k | €155k | ▲ 5.8% |
| Contributions10/11 | €49k | €49k | €49k | €49k | €49k | = |
| Reserves13 | €91k | €91k | €96k | €98k | €106k | ▲ 8.7% |
| Non-distributable reserves130/1 | €5k | - | - | - | - | - |
| Reserves not available under the articles1311 | €5k | - | - | - | - | - |
| Distributable reserves133 | €86k | €91k | €96k | €98k | €106k | ▲ 8.7% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €2.05M | €1.72M | €1.84M | €1.78M | €1.92M | ▲ 7.6% |
| Amounts payable after more than one year17 | €95k | €80k | €58k | €25k | €25k | ▼ 1.6% |
| Financial debts170/4 | €95k | €80k | €58k | €25k | €25k | ▼ 1.6% |
| Amounts payable within one year42/48 | €1.95M | €1.63M | €1.77M | €1.76M | €1.88M | ▲ 7.3% |
| Current portion of amounts payable after more than one year42 | €38k | €44k | €46k | €33k | €30k | ▼ 8.6% |
| Financial debts43 | €360k | €360k | €360k | €410k | €412k | ▲ 0.3% |
| Credit institutions430/8 | €360k | €360k | €360k | €410k | €412k | ▲ 0.3% |
| Trade debts44 | €360k | €472k | €384k | €476k | €406k | ▼ 14.7% |
| Suppliers440/4 | €360k | €472k | €384k | €476k | €406k | ▼ 14.7% |
| Advances received on contracts in progress46 | €713k | €466k | €494k | €351k | €427k | ▲ 21.6% |
| Taxes, remuneration and social security45 | €191k | €95k | €109k | €102k | €82k | ▼ 19.9% |
| Taxes450/3 | €43k | €9k | €17k | €30k | €3k | ▼ 90.1% |
| Remuneration and social security454/9 | €147k | €86k | €92k | €73k | €79k | ▲ 8.7% |
| Other amounts payable47/48 | €287k | €194k | €378k | €383k | €527k | ▲ 37.6% |
| Accrued charges and deferred income492/3 | €5k | €6k | €15k | €3k | €11k | ▲ 296% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112k | €-76 | €92k | €130k | €179k | ▲ 36.8% |
| + Depreciation and write-downs630 | €24k | €36k | €34k | €34k | €66k | ▲ 93.9% |
| Operating cash flow (approximation) | €136k | €35k | €126k | €165k | €245k | ▲ 48.7% |
| Investment in fixed assets (approximation) | - | €-21k | €-24k | €-1k | €-37k | ▼ 3,512% |
| Change in cash | - | €-453k | €83k | €-38k | €-73k | ▼ 89.5% |
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
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €155k ▲5.8%
3 profitable years in a row build equity to €155k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €229k ▲157%
Operating result €242k, net result €229k, both a record.
31-12
Financial
Equity above €100kEq €132k
2 profitable years in a row build equity to €132k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Wevelgem · 3 establishment units since 1998
Ground area
2,876 m²
Building footprint
732 m²
Volume, LiDAR
3,131 m³
3 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
HOLSTRA
since 19982.087.776.827
HOLSTRA
since 20052.146.609.901
Holstra
since 20172.261.165.119
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38011A0696/00D000 | Flanders | 1,847 m² | 1 · 129 m² | 10.2 m · 2 fl. |
| 34302B0866/00X003 | Flanders | 923 m² | 1 · 513 m² | 7.0 m · 1 fl. |
| 31433D0011/00F008 | Flanders | 106 m² | 1 · 90 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
2022 to 2025 · 4 entries · 13,673 EUR awarded · 13,673 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,853 EUR | 4,853 EUR |
| 2024 | 1 | 7,500 EUR | 7,500 EUR |
| 2023 | 1 | 327 EUR | 327 EUR |
| 2022 | 1 | 993 EUR | 993 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
GROEP ONUR
BE 0502.729.917
Sint-Niklaas · Eq €154,989
BKfix
BE 0682.655.910
Temse · Eq €154,920
KOVA SINT-TRUIDEN
BE 0433.595.047
Sint-Truiden · Eq €154,872
Soogen
BE 0810.016.811
Hechtel-Eksel · Eq €155,070
DAFI
BE 0452.177.970
Braine-le-Château · Eq €155,154
Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 7,602 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
Founded09-07-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.