Equity
€1.3m ▲ 26.3%
STRAK PROJECT has made a profit without a break since 2012.
STRAK PROJECT
Lifetime
17 annual accounts with figures on one time axispeak €824,355 (2025)
€824,355▲ 95.6%
lowest -€61,038 (2009)
€261,631▲ 25×
peak €1.3m (2025)
€1.3m▲ 26.3%
€4.1m▼ 2.5%
peak 2.5 FTE (2017)
2.1 FTE▲ 5.0%
Board3 names since 2020
1 directorKeizer en Koning
Owners
Documentsfilings and deeds
25-09-202656 days late
2025abbreviated format
Gross margin from €421,481 to €824,355Result from €10,296 to €261,631Equity from €996,289 to €1.3mCash from €438,999 to €212,773
Key points
from the 2025 annual accountsResult
€261,631 ▲ 25×
The result rose in 2025 from €10,296 to €261,631.
Debts
€4.1m 77% of the balance sheet
Financial debts 19%Suppliers 19%Taxes and wages 8%Other 54%
€2.7m of the debts are secured on the company's own assets. In 2021 that was €440,525.
Investments
€100,895 1.7 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 16.6% higher than in 2024.
Staff
2 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Filings
17 annual accounts since 2009
Seven of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.
Checked score
67
Healthy
Financially stronger than 46% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.7%▲ +0.2 percentage points vs 08-2025
10-2025: 1.1%▲ +0.4 percentage points vs 09-2025highest value
11-2025: 0.2%▼ -0.9 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.2 percentage points vs 01-2026
03-2026: 0.3%▼ -0.1 percentage points vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026
10-2026: 1.0%▲ +0.1 percentage points vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.35, cash €212,773, halved
Last filed accounts filed 56 days late; 2 of the last 3 accounts late
1 change of registered office in 24 months
lowers risk
Size: 2.1 FTE, total assets €5.4m
Calculation
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 68, micro). It does better than 43% of them on solvency, 16% on liquidity, 44% on profitability and 79% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as STRAK PROJECT has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STRAK PROJECT itself: 1.0% within 12 months.
Test of the method
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 4,508 companies, not a prediction for STRAK PROJECT. 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.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.35 (1.64 in 2024), below the usual 1.5. Short-term debt is 64.8% and cash 3.9% of total assets. 76.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
56 days late
2024
63 days late
2023
16 days early
2022
26 days early
2021
45 days early
2020
31 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 71 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806055053
Registered office moved from Maldegem to Zelzate
New registered office: Oostkade 17 bus 001, 9060 Zelzate · Previous registered office: Staatsbaan 89/1, 9991 Maldegem · Permanent representative: Schelstraete Ignace · Board meeting of 21-10-2025 · Gazette deed
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Aalst
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Slopen van niet vrijstaande gebouwen of constructies and 1 more · Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STRAK PROJECT Zelzate | €5.4m | €0.8m | 23.3% | 2.1 |
| THE GREEN SIDE Knokke-Heist | €5.0m | €1.2m | 31.7% | 2.1 |
| SIEMKA Lommel | €3.3m | €0.9m | 30.9% | 2.3 |
| SAND Beerse | €5.7m | €0.7m | 38.3% | 1.8 |
| DENEVE CONSTRUCT Brasschaat | €7.8m | €0.4m | 5.0% | 1.9 |
| IMOGES Ecaussinnes | €5.6m | €0.9m | 19.3% | 3.2 |
| Housing 2030 Lennik | €4.4m | €0.3m | -7.5% | 1.8 |
These companies have the same main activity as STRAK PROJECT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.3m and €7.8m, founded between 2002 and 2012.
Official details
Source: KBO- Status
- Active since 01-09-2008Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 323Building management, estate agents and domestic staff · annual accounts 2023
- Establishment unit
- 2.173.956.5759991 Maldegem, since 21-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €1.5mestimated
- €5.4m▲ 2.9%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 25-09-2026
Insights on STRAK PROJECT
STRAK PROJECT files the abbreviated format. That format states no turnover. The gross margin rose from -€28,688 in 2009 to €824,355 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about STRAK PROJECT
- What is the company number of STRAK PROJECT?
- The company number of STRAK PROJECT is 0806.055.053. The VAT number is the same number with BE in front: BE 0806.055.053.
- Where is STRAK PROJECT based?
- The registered office is at Oostkade 17, 9060 Zelzate.Company details
- What does STRAK PROJECT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of STRAK PROJECT?
- STRAK PROJECT is a private limited company (BV).
- When was STRAK PROJECT founded?
- STRAK PROJECT was founded on 01-09-2008.
- Is STRAK PROJECT still active?
- Yes, STRAK PROJECT is an active enterprise in the KBO register.
- How many employees does STRAK PROJECT have?
- STRAK PROJECT had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does STRAK PROJECT fall under?
- In its 2023 annual accounts, STRAK PROJECT states joint committees 200 (Auxiliary committee for white-collar workers) and 323 (Building management, estate agents and domestic staff).
- What is the turnover of STRAK PROJECT?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €824,355 and 40 comparable companies (NACE 681). It probably lies between €1.1m and €2.4m.
- Is STRAK PROJECT profitable?
- In financial year 2025, STRAK PROJECT made a profit of €261,631.
- Where can I find the annual accounts of STRAK PROJECT?
- STRAK PROJECT filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STRAK PROJECT due?
- STRAK PROJECT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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