Equity
STRAALTECH paid out €51,676 in dividends. That is 69% of the 2025 profit.
STRAALTECH paid out €51,676 in dividends. That is 69% of the 2025 profit.
The accounts state no turnover.
Debts rose by €127,722 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
In 2025, 4 people joined and 4 left.
Short-term debts rose from €183,705 to €281,422.
The 2022 accounts came latest: 31 days after the end of the period.
The dashed line is the sector median: 0.8% across 1,865 companies (NACE 42, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 46% of them on solvency, 68% on liquidity, 56% on profitability and 50% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as STRAALTECH has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STRAALTECH itself is lower: 0.2% within 12 months. It rests on far more data about STRAALTECH than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for STRAALTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.38 (0.96 in 2024), below the usual 1.5. Short-term debt is 30.3% and cash 21.4% of total assets. 59.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| STRAALTECH Kortenaken | €0.9m | €397,485 | 40.7% | 3.1 |
| HUBY-QUETSCH Waimes | €1.0m | €575,430 | 49.6% | 3.8 |
| KB Bestratingen Geel | €0.9m | €424,237 | 39.2% | 4.8 |
| Rudi VANBERGEN & Fils Oupeye | €1.5m | €698,900 | 59.9% | 3.8 |
| IceFree South-East Houthalen-Helchteren | €0.8m | €272,731 | 68.6% | 1.2 |
| mavi tech Merelbeke-Melle | €0.7m | €643,935 | 34.8% | 5 |
| VAN DEN MANACKER Brasschaat | €0.5m | €212,463 | 40.0% | 2 |
These companies have the same main activity as STRAALTECH: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €468,000 and €1.5m, founded between 2015 and 2022.
STRAALTECH files the abbreviated format. That format states no turnover. The gross margin rose from €51,219 in 2019 to €397,485 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €940,000. Estimated: probably between €560,000 and €1.6m.
Higher than 53% of 527 companies in 2025.
Higher than 44% of 518 companies in 2025.
Higher than 61% of 517 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 4 people joined and 4 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
930,020 | 779,016 | 723,429 | 509,761 | 372,767 | 214,861 | 120,353 | |
21/28 |
540,270 | 603,232 | 516,709 | 354,959 | 211,690 | 135,299 | 50,088 | |
22/27 |
535,270 | 598,232 | 516,709 | 354,959 | 211,690 | 135,299 | 50,088 | |
22 |
299,160 | 266,953 | 224,167 | 8,713 | 2,948 | - | - | |
23 |
77,512 | 103,099 | 77,700 | 73,916 | 82,731 | 42,592 | 11,677 | |
24 |
158,598 | 228,179 | 214,841 | 272,330 | 126,010 | 92,707 | 38,411 | |
28 |
5,000 | 5,000 | - | - | - | - | - | |
29/58 |
389,750 | 175,784 | 206,720 | 154,802 | 161,078 | 79,562 | 70,265 | |
40/41 |
175,771 | 92,825 | 125,236 | 84,467 | 99,911 | 25,491 | 33,875 | |
40 |
164,879 | 83,636 | 114,779 | 55,802 | 78,766 | 20,719 | 33,782 | |
41 |
10,892 | 9,189 | 10,457 | 28,665 | 21,145 | 4,772 | 94 | |
54/58 |
199,162 | 70,470 | 72,701 | 63,008 | 56,454 | 51,710 | 33,615 | |
490/1 |
14,817 | 12,489 | 8,783 | 7,328 | 4,712 | 2,361 | 2,774 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
930,020 | 779,016 | 723,429 | 509,761 | 372,767 | 214,861 | 120,353 | |
10/15 |
378,060 | 354,777 | 272,793 | 229,661 | 155,728 | 70,276 | 36,924 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | |
13 |
359,460 | 336,177 | 254,193 | 211,061 | 137,128 | 51,676 | 18,324 | |
130/1 |
- | - | - | 916 | 916 | 916 | - | |
130 |
- | - | - | - | - | - | 916 | |
1311 |
- | - | - | 916 | 916 | 916 | - | |
133 |
359,460 | 336,177 | 254,193 | 210,145 | 136,212 | 50,760 | 17,408 | |
17/49 |
551,960 | 424,239 | 450,635 | 280,099 | 217,039 | 144,585 | 83,428 | |
17 |
268,269 | 238,309 | 241,167 | 155,296 | 89,722 | 78,521 | 23,323 | |
170/4 |
268,269 | 238,309 | 241,167 | 155,296 | 89,722 | 78,521 | 23,323 | |
42/48 |
281,422 | 183,705 | 207,146 | 121,099 | 125,538 | 64,381 | 57,588 | |
42 |
73,707 | 78,652 | 71,198 | 66,474 | 32,351 | 23,307 | 6,461 | |
44 |
124,792 | 90,030 | 122,285 | 20,150 | 48,216 | 17,788 | 29,276 | |
440/4 |
124,792 | 90,030 | 122,285 | 20,150 | 48,216 | 17,788 | 29,276 | |
46 |
- | - | 2,437 | - | - | - | - | |
45 |
25,645 | 14,129 | 6,541 | 34,475 | 44,971 | 21,441 | 12,487 | |
450/3 |
21,737 | 9,317 | 2,724 | 32,089 | 40,271 | 17,860 | 10,004 | |
454/9 |
3,908 | 4,812 | 3,817 | 2,386 | 4,700 | 3,581 | 2,483 | |
47/48 |
57,278 | 895 | 4,686 | - | - | 1,845 | 9,364 | |
492/3 |
2,270 | 2,224 | 2,322 | 3,704 | 1,779 | 1,683 | 2,517 | |
| Income statement | ||||||||
76A |
58,430 | 7,566 | - | 12,521 | 489 | 4,742 | 6,716 | |
9900 |
397,485 | 300,281 | 195,282 | 194,347 | 169,849 | 76,109 | 51,219 | |
62 |
137,448 | 39,638 | 21,587 | 17,070 | 15,175 | 6,951 | - | |
630 |
120,048 | 125,356 | 97,375 | 63,862 | 36,043 | 16,420 | 20,333 | |
640/8 |
3,589 | 3,132 | 1,521 | 990 | 955 | 821 | 2,003 | |
66A |
- | - | - | 8,603 | 439 | 4,200 | 2,344 | |
9901 |
136,400 | 132,156 | 74,799 | 103,821 | 117,238 | 47,717 | 26,539 | |
75/76B |
650 | 828 | 0 | 268 | 92 | 0 | 0 | |
75 |
650 | 828 | 0 | 268 | 92 | 0 | 0 | |
65/66B |
29,673 | 21,821 | 15,860 | 7,572 | 3,363 | 2,886 | 2,131 | |
65 |
29,673 | 21,821 | 15,860 | 7,572 | 3,363 | 2,886 | 2,131 | |
9903 |
107,377 | 111,164 | 58,939 | 96,517 | 113,967 | 44,831 | 24,408 | |
67/77 |
32,418 | 29,180 | 15,806 | 22,584 | 28,515 | 11,479 | 6,084 | |
9904 |
74,959 | 81,984 | 43,132 | 73,933 | 85,452 | 33,351 | 18,324 | |
9905 |
74,959 | 81,984 | 43,132 | 73,933 | 85,452 | 33,351 | 18,324 | |
| Appropriation of the result | ||||||||
9906 |
74,959 | 81,984 | 43,132 | 73,933 | 85,452 | 33,351 | 18,324 | |
791/2 |
51,676 | - | - | - | - | - | - | |
691/2 |
74,959 | 81,984 | 43,132 | 73,933 | 85,452 | 33,351 | 18,324 | |
6920 |
- | - | - | - | - | - | 916 | |
6921 |
74,959 | 81,984 | 43,132 | 73,933 | 85,452 | 33,351 | 17,408 | |
694/7 |
51,676 | - | - | - | - | - | - | |
694 |
51,676 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||
9087 |
3.1 | 0.9 | 1 | 1 | 1 | 0.5 | - | |
Hours worked1013 |
4,876 | 1,560 | 941 | 875 | 881 | 406 | - | |
| Document | ||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00367932 | |
| 31-12-2024 | abbreviated format | 22-08-2025 | 2025-00390924 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00310620 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00432656 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20257072 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43000557 | |
| 31-12-2019 | micro format | 21-08-2020 | 2020-43500435 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 256,448 | 257,512 | 172,174 | 167,683 | 153,281 | 64,137 | 46,872 | ||
| 195,007 | 207,339 | 140,507 | 137,795 | 121,495 | 49,772 | 38,657 | ||
| 110,036 | 256,417 | 259,125 | 254,610 | 125,623 | 139,073 | 106,020 | ||
| 128,692 | -2,231 | 9,693 | 6,553 | 4,745 | 18,094 | - | ||
| 108,328 | -7,922 | -426 | 33,703 | 35,540 | 15,181 | 12,677 | ||
| 40.7% | 45.5% | 37.7% | 45.1% | 41.8% | 32.7% | 30.7% | ||
| 1.38 | 0.96 | 1.00 | 1.28 | 1.28 | 1.24 | 1.22 | ||
| 1.46 | 1.20 | 1.65 | 1.22 | 1.39 | 2.06 | 2.26 | ||
| 19.8% | 23.1% | 15.8% | 32.2% | 54.9% | 47.5% | 49.6% | ||
| 8.1% | 10.5% | 6.0% | 14.5% | 22.9% | 15.5% | 15.2% | ||
| 8.64 | 11.80 | 10.86 | 22.15 | 45.58 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 1 | 1 | 1 |
| full-time | 2 | 2 | - | - | - |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 2.8 | 2.5 | 0.5 | 0.5 | 0.5 |
| 3.1 | 0.9 | 0.6 | 0.5 | 0.5 | |
| On a permanent contract | 3 | 3 | 1 | 1 | 1 |
| Joined | 4 | 2 | 1 | - | - |
| Left | 4 | 0 | 1 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €110,036 | €251,417 | €259,125 | €254,610 | €125,623 |
| Financial fixed assets | - | €5,000 | - | - | - |
| €120,048 | €125,356 | €97,375 | €63,862 | €36,043 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 3% higher than in 2024 and the highest since 2019. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 54.5% to 59.3%. Equity and debt are higher.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| TLE Immo
registered office since 14-10-2022 · founded in 2022 · negative equity (2025) |
total assets €294,690 (2025) 0792.466.343 |
The network starts from the directors of STRAALTECH. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Koningsstraat 9 registered office 3470 Kortenaken | ||
| Hoeledensebaan 47 3471 Kortenaken 41001 General construction of residential buildings | 01-01-2019 | 2.284.194.996 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24054B0459/00B000 | 1.4 ha | 1 · 134 m² | 6.9 m · 2 |
| 24042C0303/00A002 | 1,585 m² | 1 · 139 m² | 10.1 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0716.798.722
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