Strubbe Engineering
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Strubbe Engineering has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,120 and a net result of €2,014. Equity is growing by about 8.5% per year across the filed financial years. Its solvency ranks better than 35% of 9,643 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 29-06-2015 Normal situation
- Legal form
- Private limited company
- Registered office
- Sprookjesdreef 6A, 8750 Wingene
- Activity
- Other business support services NACE 82990and 5 others
- Establishment unit
- 2.245.493.778 8750 Wingene, since 29-06-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 18-10-2025
Who decides
- TEAMJ.BEDirector · since 12-10-2023 · permanent representative Strubbe Bart
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €149,467
- ▲ 0.2%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €2,014
- ▼ 72.3%
- Equity
- €93,120
- ▼ 33.8%
- Total assets
- €301,175
- ▲ 7.0%
- Staff
- 2.6 FTE
- =
Why 89lowers riskSize: total assets €301,175Sector: Office administrative, office support and other business support activities (NACE 82)Figures for financial year 2025 (filed 15-07-2026)Founded in 2015Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 36% on solvency, 19% on liquidity, 38% on profitability and 16% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 15-07-2026
- Format
- micro format
- Reference
- 2026-00293475
2022 to 2025, 5 financial years 2019 to 2025, 8 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,904 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €482 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €60,236 | €80,069 | €70,466 | €111,112 | €113,067 | ▲ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,139 | €10,320 | €11,629 | €14,364 | €18,335 | €13,147 | €19,842 | €25,719 | ▲ 29.6% |
| Other operating charges640/8 | - | - | - | €111 | €224 | €286 | €370 | €372 | ▲ 0.7% |
| Non-recurring operating charges66A | - | - | - | - | - | €2,112 | €278 | €1,087 | ▲ 292% |
| Gross operating margin9900 | €48,567 | €50,834 | €111,814 | €87,614 | €131,841 | €96,010 | €149,235 | €149,467 | ▲ 0.2% |
| Operating profit (loss)9901 | €38,044 | €40,276 | €76,735 | €12,904 | €33,213 | €9,999 | €17,634 | €9,221 | ▼ 47.7% |
| Financial income75/76B | - | - | - | €401 | €247 | €99 | €459 | €1,161 | ▲ 153% |
| Recurring financial income75 | €59 | €6 | €6 | €401 | €247 | €99 | €459 | €1,161 | ▲ 153% |
| Financial charges65/66B | - | - | - | €1,316 | €969 | €1,004 | €2,679 | €2,442 | ▼ 8.8% |
| Recurring financial charges65 | €395 | €823 | €1,662 | €1,316 | €969 | €1,004 | €2,679 | €2,442 | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | €37,707 | €39,460 | €75,078 | €11,989 | €32,491 | €9,093 | €15,413 | €7,940 | ▼ 48.5% |
| Income taxes67/77 | €11,717 | €13,368 | €21,309 | €2,505 | €12,200 | €5,086 | €8,154 | €5,926 | ▼ 27.3% |
| Profit (loss) for the period9904 | €25,990 | €26,091 | €53,769 | €9,484 | €20,291 | €4,007 | €7,260 | €2,014 | ▼ 72.3% |
| Profit (loss) for the period to be appropriated9905 | €25,990 | €26,091 | €53,769 | €9,484 | €20,291 | €4,007 | €7,260 | €2,014 | ▼ 72.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €143,246 | €213,407 | €233,653 | €257,990 | €301,035 | €313,624 | €281,373 | €301,175 | ▲ 7.0% |
| Fixed assets21/28 | €47,971 | €44,727 | €38,911 | €68,857 | €73,755 | €82,739 | €80,733 | €110,487 | ▲ 36.9% |
| Intangible fixed assets21 | €25,925 | €21,725 | €17,525 | €13,325 | €9,125 | €6,306 | €2,106 | - | - |
| Tangible fixed assets22/27 | €22,046 | €23,001 | €21,386 | €55,532 | €64,630 | €76,177 | €78,328 | €110,237 | ▲ 40.7% |
| Land and buildings22 | - | - | - | - | - | - | - | €10,588 | - |
| Plant, machinery and equipment23 | - | - | - | €566 | €582 | €486 | €342 | €1,581 | ▲ 362% |
| Furniture and vehicles24 | - | - | - | €17,733 | €25,527 | €23,017 | €30,946 | €57,736 | ▲ 86.6% |
| Other tangible fixed assets26 | - | - | - | €37,232 | €38,521 | €52,674 | €47,040 | €40,332 | ▼ 14.3% |
| Financial fixed assets28 | - | €1 | - | - | - | €257 | €300 | €250 | ▼ 16.6% |
| Current assets29/58 | €95,275 | €168,680 | €194,742 | €189,134 | €227,280 | €230,885 | €200,640 | €190,688 | ▼ 5.0% |
| Amounts receivable after more than one year29 | - | - | - | €5,000 | - | €500 | €17,994 | €19,694 | ▲ 9.5% |
| Other amounts receivable291 | - | - | - | €5,000 | - | €500 | €17,994 | €19,694 | ▲ 9.5% |
| Amounts receivable within one year40/41 | €31,766 | €72,222 | €106,624 | €55,805 | €100,389 | €152,425 | €148,691 | €127,418 | ▼ 14.3% |
| Trade receivables40 | - | - | - | €43,136 | €100,389 | €152,425 | €148,691 | €127,418 | ▼ 14.3% |
| Other amounts receivable41 | - | - | - | €12,668 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €53,640 | €87,158 | €87,549 | €106,181 | €104,196 | €39,643 | €18,809 | €31,429 | ▲ 67.1% |
| Deferred charges and accrued income490/1 | - | - | - | €22,148 | €22,695 | €38,318 | €15,145 | €12,146 | ▼ 19.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €143,246 | €213,407 | €233,653 | €257,990 | €301,035 | €313,624 | €281,373 | €301,175 | ▲ 7.0% |
| Equity10/15 | €73,124 | €97,591 | €149,756 | €157,640 | €176,330 | €159,455 | €140,663 | €93,120 | ▼ 33.8% |
| Contributions10/11 | €1,000 | - | - | €6,200 | €6,200 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €72,124 | €91,391 | €143,556 | €151,440 | €170,130 | €158,455 | €139,663 | €92,120 | ▼ 34.0% |
| Non-distributable reserves130/1 | - | - | - | €100 | €100 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €100 | €100 | - | - | - | - |
| Distributable reserves133 | - | - | - | €151,340 | €170,030 | €158,455 | €139,663 | €92,120 | ▼ 34.0% |
| Amounts payable17/49 | €70,122 | €115,816 | €83,897 | €100,351 | €124,705 | €154,170 | €140,710 | €208,055 | ▲ 47.9% |
| Amounts payable after more than one year17 | €4,636 | €11,485 | €7,636 | €10,547 | €394 | €39,737 | €12,805 | €32,871 | ▲ 157% |
| Financial debts170/4 | - | - | - | - | - | - | - | €1,746 | - |
| Other amounts payable178/9 | - | - | - | €10,547 | €394 | €39,737 | €12,805 | €31,125 | ▲ 143% |
| Amounts payable within one year42/48 | €63,795 | €104,331 | €75,872 | €89,803 | €123,933 | €114,116 | €124,257 | €173,113 | ▲ 39.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | - | €10,169 | - |
| Trade debts44 | €44,658 | €50,791 | €54,413 | €53,119 | €74,165 | €63,725 | €73,543 | €129,715 | ▲ 76.4% |
| Suppliers440/4 | - | - | - | €53,119 | €74,165 | €63,725 | €73,543 | €129,715 | ▲ 76.4% |
| Taxes, remuneration and social security45 | - | - | - | €35,085 | €48,167 | €50,391 | €50,714 | €33,229 | ▼ 34.5% |
| Taxes450/3 | - | - | - | €24,181 | €43,122 | €36,486 | €30,566 | €12,769 | ▼ 58.2% |
| Remuneration and social security454/9 | - | - | - | €10,904 | €5,046 | €13,905 | €20,148 | €20,460 | ▲ 1.5% |
| Other amounts payable47/48 | - | - | - | €1,600 | €1,600 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €378 | €318 | €3,649 | €2,071 | ▼ 43.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,990 | €26,091 | €53,769 | €9,484 | €20,291 | €4,007 | €7,260 | €2,014 | ▼ 72.3% |
| + Depreciation and write-downs630 | €10,139 | €10,320 | €11,629 | €14,364 | €18,335 | €13,147 | €19,842 | €25,719 | ▲ 29.6% |
| Operating cash flow (approximation) | €36,129 | €36,412 | €65,398 | €23,848 | €38,625 | €17,154 | €27,102 | €27,733 | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | -€7,076 | -€5,812 | -€44,310 | -€23,233 | - | -€17,836 | -€55,473 | ▼ 211% |
| Change in cash | - | €33,517 | €391 | €18,632 | -€1,985 | - | -€20,833 | €12,620 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00293475 | NBB |
| 31-12-2024 | micro format | 14-07-2025 | 2025-00264139 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00302046 | |
| 30-04-2023 | micro format | 30-11-2023 | 2023-00518873 | |
| 30-04-2022 | micro format | 30-11-2022 | 2022-20528681 | |
| 30-04-2021 | micro format | 29-11-2021 | 2021-78500274 | |
| 30-04-2020 | micro format | 27-10-2020 | 2020-63900168 | |
| 30-04-2019 | micro format | 29-11-2019 | 2019-74800574 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| TEAMJ.BE |
|
| Strubbe Bart |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Aanzuivering schulden,lasten,kosten of consignatie, verdeling na vereffening overblijvende saldo”
Articles of association, deed of 17-10-2023 (in Dutch)
Owners and capital
Capital and shareholders
- 17-10-2023 Converted to available equity
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Dagelijks bestuur, een of meer leden als gedelegeerd bestuurder of een of meer directeurs”Other provision: “Toelating algemene vergadering-stemrecht, rechten niet geschorst;bij enkel geschorst stemrecht deelname zonder stemming”Other provision: “Volmacht en vruchtgebruik-blote eigendom, ieder ander persoon,al dan niet aandeelhouder”Other provision: “Aanleggen reserves-winstverdeling, overeenkomstig wettelijke bepalingen”Other provision: “Dividenden,tussentijdse dividenden en/of interimdividenden, uitkering dividenden”
Articles of association, deed of 17-10-2023 (in Dutch)
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
17-10
Gazette deed
Resignation: Strubbe Bart (director)Appointment: TEAMJ.BE (gewone bestuurder) · Permanent representative: Strubbe Bart · Capital conversion9 facts ▸
- General meeting, 12-10-2023
- Other provision, “aanpassing statuten aan Wetboek van vennootschappen en verenigingen, beslissing tot aanpassing” (deed in Dutch)
- Capital conversion, “beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Amendment of the articles
- Share issue, 1000, “inbrengen” (deed in Dutch)
- Director resignation, Strubbe Bart
- Director appointment, TEAMJ.BE (gewone bestuurder)
- Permanent representative, Strubbe Bart
- Registered office clause, “8750 Wingene,Sprookjesdreef 6/A” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
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, with enterprise number 0633.696.347
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- STRUBBE ENGINEERING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 3 June at 10:00
Articles of association, deed of 17-10-2023 (in Dutch)
Environmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37019B0019/00T004 | Flanders | 935 m² | 1 · 206 m² | 8.7 m · 2 |