Checked.be
Active
BE 0433.870.013Public limited company
STRAUVEN
Rue de la Forge 10 ·1470 Genappe, Belgium· 38 yrs active
Sector: Buying and selling of own real estate
(68110)
Conclusion
STRAUVEN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.66M and a net result of €-443k. Equity is growing by ~68.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 19339 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €4.66M |
| Net result | €-443k |
| Better than sector | 47% |
| Active | 38 yrs |
Financial profile
42
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
28
Profitability
0
Solvency
31
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
28
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€130k
estimate, not credit advice
Score history
23
2022
51
2023
28
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.02 (< 1.0)
-10
Quick ratio
Quick ratio 0.02 (< 0.6)
-5
Profitability
Negatieve ROE -10%
-10
Interest coverage
Interest coverage 1.5×
+3
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~68.2%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 27.0% | 31.1% | |
| Net result | €-443k | €4k | |
| Equity | €4.66M | €87k | |
| Gross operating margin | €771k | €39k | |
| Total assets | €17.24M | €440k |
€708k
-62.4%
22-24
€-443k
-
22-24
€258k
-79.5%
22-24
€17.24M
+21.7%
22-24
€4.66M
+127.1%
22-24
€-4.32M
-550.8%
22-24
€12.30M
+4.0%
22-24
€4.39M
+237.1%
22-24
€7.88M
-25.1%
22-24
0.02
-96.8%
22-24
0.02
-96.8%
22-24
27.0%
+86.6%
22-24
2.64
-54.2%
22-24
-9.5%
-
22-24
-2.6%
-
22-24
1.50
-72.9%
22-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €708k | €1.88M | €585k |
| Net profit | €-443k | €625k | €-283k |
| Cash flow | €258k | €1.26M | €437k |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €17.24M | €14.17M | €13.76M |
| Equity | €4.66M | €2.05M | €1.86M |
| Debt | €12.30M | €11.83M | €11.90M |
| of which ≤ 1y | €4.39M | €1.30M | €1.29M |
| of which > 1y | €7.88M | €10.51M | €10.61M |
| Working capital | €-4.32M | €-663k | €-796k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 0.02 | 0.49 | 0.38 |
| Quick ratio | 0.02 | 0.49 | 0.38 |
| Working capital ratio | -25.0% | -4.7% | -5.8% |
| Solvency | 27.0% | 14.5% | 13.5% |
| Debt / equity | 2.64 | 5.76 | 6.40 |
| Long-term debt ratio | 1.69 | 5.12 | 5.71 |
| Interest coverage | 1.50 | 5.54 | 3.79 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -2.6% | 4.4% | -2.1% |
| ROE | -9.5% | 30.4% | -15.2% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €17.24M | €14.17M | €13.76M |
| Fixed assets | 21/28 | €17.17M | €13.53M | €13.26M |
| Tangible fixed assets | 22/27 | €17.17M | €13.53M | €13.26M |
| Financial fixed assets | 28 | €250 | €250 | €250 |
| Current assets | 29/58 | €68k | €638k | €498k |
| Amounts receivable within one year | 40/41 | €59k | €528k | €493k |
| Cash & bank | 54/58 | €6k | €107k | €3k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17.24M | €14.17M | €13.76M |
| Equity | 10/15 | €4.66M | €2.05M | €1.86M |
| Contributions / capital | 10/11 | €1.02M | €1.02M | €1.02M |
| Reserves | 13 | €839k | €867k | €2k |
| Accumulated profits (losses) | 14 | €-3.22M | €-2.81M | €-2.57M |
| Provisions & deferred taxes | 16 | €279k | €288k | - |
| Amounts payable | 17/49 | €12.30M | €11.83M | €11.90M |
| Amounts payable after one year | 17 | €7.88M | €10.51M | €10.61M |
| Amounts payable within one year | 42/48 | €4.39M | €1.30M | €1.29M |
| Trade debts payable within one year | 44 | €761k | €795k | €83k |
| Income statement | ||||
| Gross operating margin | 9900 | €771k | €1.96M | €641k |
| Operating result | 9901 | €8k | €1.25M | €-135k |
| Financial income | 75 | €13k | €7k | €7k |
| Financial charges | 65 | €472k | €340k | €154k |
| Result before taxes | 9903 | €-452k | €913k | €-283k |
| Net result for the period | 9904 | €-443k | €625k | €-283k |
| Result to be appropriated | 9905 | €-416k | €-240k | €-283k |
Legal Structure
| NACE primary | Buying and selling of own real estate(68110) |
| Legal form | Public limited company(014) |
| Incorporation | 31-03-1988 |
| Status | Active |
| Postal code | 1470 |
Establishment units
STRAUVEN
since 19882.037.504.103
Real-estate footprint
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013E0183/00L000 | Wallonia | 3,842 m² | 1 · 438 m² | 9.9 m · 2 fl. |
| 92056E0402/00N000 ProtectedMonument |
Wallonia | 2,062 m² | 1 · 257 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-443k ▼171%
Net result drops to €-443k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €625k
Net result €625k after one loss-making year.
31-12
Financial
Equity above €2MEq €2.05M ▲10.4%
Equity rises from €1.86M to €2.05M.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
55401Buying and selling of own real estate68110Cafés and bars56301Renting and operating of own or leased residential real estate, excluding social housing68201
Names & trade names
| Legal nameFR | STRAUVEN |
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