Strubbe Engineering
ActiveStrubbe Engineering has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €2k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-15
Solvency51▼-36
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.61 in 2024), and 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
30.9%
Return on assets
0.7%
Age of the figures
8 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 d early
2024
17 d early
2023
1 d early
2023
on the day
2022
on the day
2021
1 d early
2020
34 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▼ 33.8%
2024 · €141k
2019: €73k
2020: €98k
2021: €150k
2022: €158k
2023: €176k
2023: €159k
2024: €141k
2019 → 2025
Total assets
€301k▲ 7.0%
2024 · €281k
2019: €143k
2020: €213k
2021: €234k
2022: €258k
2023: €301k
2023: €314k
2024: €281k
2019 → 2025
Net result
€2k▼ 72.3%
2024 · €7k
2019: €26k
2020: €26k
2021: €54k
2022: €9k
2023: €20k
2023: €4k
2024: €7k
2019 → 2025
Working capital
€18k▼ 77.0%
2024 · €76k
2019: €31k
2020: €64k
2021: €119k
2022: €99k
2023: €103k
2023: €117k
2024: €76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€158k-€176k▲ 11.9%€159k▼ 9.6%€141k▼ 11.8%€93k▼ 33.8%
Operating result€13k-€33k▲ 157%€10k▼ 69.9%€18k▲ 76.4%€9k▼ 47.7%
Net result€9k-€20k▲ 114%€4k▼ 80.3%€7k▲ 81.2%€2k▼ 72.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301k
Fixed assets
€110k▲ 36.9%
Current assets
€191k▼ 5.0%
Equity and liabilities €301k
Equity
€93k▼ 33.8%
Debt
€208k▲ 47.9%
The debt ratio rises from 50.0% to 69.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€35k▼
2024 · €37k
Cash flow
€28k▲
2024 · €27k
Solvency
30.9%▼
2024 · 50.0%
Current ratio
1.10▼
2024 · 1.61
Quick ratio
1.10▼
2024 · 1.61
Debt / equity
2.23▲
2024 · 1.00
ROE
2.2%▼
2024 · 5.2%
ROA
0.7%▼
2024 · 2.6%
Interest coverage
14.31▲
2024 · 13.99
Debt
€208k▲
2024 · €141k
Debt ≤ 1 year
€173k▲
2024 · €124k
Debt > 1 year
€33k▲
2024 · €13k
Income taxes
€6k▼
2024 · €8k
Staff costs
€113k▲
2024 · €111k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€281k€301k▲
Fixed assets21/28€81k€110k▲
Intangible fixed assets21€2k-
Tangible fixed assets22/27€78k€110k▲
Land and buildings22-€11k
Plant, machinery and equipment23€342€2k▲
Furniture and vehicles24€31k€58k▲
Other tangible fixed assets26€47k€40k▼
Financial fixed assets28€300€250▼
Current assets29/58€201k€191k▼
Amounts receivable after more than one year29€18k€20k▲
Other amounts receivable291€18k€20k▲
Amounts receivable within one year40/41€149k€127k▼
Trade receivables40€149k€127k▼
Cash at bank and in hand54/58€19k€31k▲
Deferred charges and accrued income490/1€15k€12k▼
Equity and liabilities
Total equity and liabilities10/49€281k€301k▲
Equity10/15€141k€93k▼
Contributions10/11€1k€1k=
Reserves13€140k€92k▼
Distributable reserves133€140k€92k▼
Amounts payable17/49€141k€208k▲
Amounts payable after more than one year17€13k€33k▲
Financial debts170/4-€2k
Other amounts payable178/9€13k€31k▲
Amounts payable within one year42/48€124k€173k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€74k€130k▲
Suppliers440/4€74k€130k▲
Taxes, remuneration and social security45€51k€33k▼
Taxes450/3€31k€13k▼
Remuneration and social security454/9€20k€20k▲
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€111k€113k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€26k▲
Other operating charges640/8€370€372▲
Non-recurring operating charges66A€278€1k▲
Gross operating margin9900€149k€149k▲
Operating profit (loss)9901€18k€9k▼
Financial income75/76B€459€1k▲
Recurring financial income75€459€1k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€15k€8k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€7k€2k▼
Profit (loss) for the period to be appropriated9905€7k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€2k▼
Transfer from equity791/2€26k€50k▲
Transfer to equity691/2€7k€2k▼
To other reserves6921€7k€2k▼
Profit to be distributed694/7€26k€50k▲
Return on contributions (dividend)694€26k€50k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼72.3%
Net result drops to €2k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-04
Financial
Equity above €150kEq €158k ▲5.3%
4 profitable years in a row build equity to €158k.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-04
Financial
Highest result since 2019net €54k ▲106%
Operating result €77k, net result €54k, both a record.
30-04
Financial
Equity above €100kEq €150k ▲53.5%
3 profitable years in a row build equity to €150k.
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wingene · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sprookjesdreef 6A8750 WingeneGround area
935 m²
Building footprint
206 m²
Volume, LiDAR
1,122 m³
Parcel 37019B0019/00T004, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sprookjesdreef 6A, 8750 Wingene
since 20152.245.493.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019B0019/00T004 | Flanders | 935 m² | 1 · 206 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 40,351 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
43211General electrical installation work
47400Retail sale of information and communication equipment
47410Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.