STRUCTOMAR
ActiveSummary
STRUCTOMAR has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293,487 and a net result of €48,842. Equity has been growing by about 30% per year since 2023. Its solvency ranks better than 85% of 11,772 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-07-2023 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.347.872.033 3500 Hasselt, since 26-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Gross margin
- €118,888
- ▼ 20.9%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €48,842
- ▼ 50.0%
- Equity
- €293,487
- ▲ 20.0%
- Total assets
- €343,775
- ▲ 1.1%
- Employees on 31-12-2025
- 1
- =
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskFounded in 2023Last filed accounts filed 31 days late; 1 of the last 3 accounts lateLiquidity: current ratio 6.72, cash €7,357lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency
100+3
equity 85.4% of total assets
Liquidity
50+7
short-term debt 14.6% · cash 2.1%
Profitability
87-13
return on assets 14.2%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024
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: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.1 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.72 (3.47 in 2024), above the usual 1.5. Short-term debt is 14.6% and cash 2.1% of total assets. 14.6% of the assets are financed with debt and provisions.
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 71, micro). It does better than 87% of them on solvency, 29% on liquidity, 59% on profitability and 67% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 days late
2024
2 days early
2023
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 7 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 29 July (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470867.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 3 filings
Turnover
≈ €240,000
Estimated: probably between €180,000 and €310,000
Total assets
€343,775▲ 1.1%
2024 · €340,083
Net result
€48,842▼ 50.0%
2024 · €97,621
Working capital
€287,703▲ 23.3%
2024 · €233,355
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€56,100
▼ 55.3%
2025
20232025
Net result
€48,842
▼ 50.0%
2025
highest quarter of the sector
20232025
Equity
€293,487
▲ 20.0%
2025
highest quarter of the sector
20232025
Total assets
€343,775
▲ 1.1%
2025
highest quarter of the sector
20232025
Debt
€50,288
▼ 47.3%
2025
20232025
Working capital
€287,703
▲ 23.3%
2025
highest quarter of the sector
20232025
Solvency
85.4%
▲ 13.4pp
2025
highest quarter of the sector
20232025
Current ratio
6.72
▲ 3.25
2025
highest quarter of the sector
20232025
Return on assets (ROA)
14.2%
▼ 14.5pp
2025
middle half of the sector
20232025
Staff (FTE)
1
=
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€206,605-€125,394▼ 39.3%€56,100▼ 55.3%
Net result€145,025above the sector's middle half-€97,621above the sector's middle half▼ 32.7%€48,842above the sector's middle half▼ 50.0%
Equity€147,025within the sector's middle half-€244,645above the sector's middle half▲ 66.4%€293,487above the sector's middle half▲ 20.0%
Total assets€218,573within the sector's middle half-€340,083above the sector's middle half▲ 55.6%€343,775above the sector's middle half▲ 1.1%
Debt€71,548-€95,437▲ 33.4%€50,288▼ 47.3%
Working capital€131,995above the sector's middle half-€233,355above the sector's middle half▲ 76.8%€287,703above the sector's middle half▲ 23.3%
Solvency67.3%within the sector's middle half-71.9%within the sector's middle half▲ 4.7pp85.4%above the sector's middle half▲ 13.4pp
Current ratio2.86within the sector's middle half-3.47within the sector's middle half▲ 0.606.72above the sector's middle half▲ 3.25
Return on assets (ROA)66.4%above the sector's middle half-28.7%above the sector's middle half▼ 37.6pp14.2%within the sector's middle half▼ 14.5pp
Staff (FTE)1-1=1=
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 55% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343,775
Fixed assets
€5,784 ▼ 52.2%
Current assets
€337,991 ▲ 3.1%
Equity and liabilities €343,775
Equity
€293,487 ▲ 20.0%
Debt
€50,288 ▼ 47.3%
Debt's share of the balance-sheet total falls from 28.1% to 14.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62,418▼
2024 · €131,104
Cash flow
€55,159▼
2024 · €103,331
Debt to equity
0.17▼
2024 · 0.39
ROE
16.6%▼
2024 · 39.9%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€50,288▼
2024 · €94,625
Income taxes
€14,180▼
2024 · €28,579
Staff costs
€24,953▲
2024 · €17,714
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| part-time | 1 | 1 | 1 |
| in full-time equivalents | 0.3 | 0.5 | 0.5 |
| Average over the year, in full-time equivalents | 0.3 | 0.3 | 0.5 |
| On a permanent contract | 1 | 1 | 1 |
| Joined | 1 | - | - |
| Left | 0 | - | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €16,823 | €2,130 | - |
| Depreciation and write-downs of the year | €1,141 | €5,710 | €6,318 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €5,587 | €17,714 | €24,953 | ▲ 40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,141 | €5,710 | €6,318 | ▲ 10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €30,400 | - |
| Other operating charges640/8 | €806 | €1,569 | €1,117 | ▼ 28.8% |
| Gross operating margin9900 | €214,139 | €150,387 | €118,888 | ▼ 20.9% |
| Operating profit (loss)9901 | €206,605 | €125,394 | €56,100 | ▼ 55.3% |
| Financial income75/76B | €66 | €807 | €7,281 | ▲ 803% |
| Recurring financial income75 | €66 | €807 | €7,281 | ▲ 803% |
| Financial charges65/66B | €3 | €1 | €359 | ▲ 580× |
| Recurring financial charges65 | €3 | €1 | €359 | ▲ 580× |
| Profit (loss) for the period before taxes9903 | €206,668 | €126,200 | €63,021 | ▼ 50.1% |
| Income taxes67/77 | €61,643 | €28,579 | €14,180 | ▼ 50.4% |
| Profit (loss) for the period9904 | €145,025 | €97,621 | €48,842 | ▼ 50.0% |
| Profit (loss) for the period to be appropriated9905 | €145,025 | €97,621 | €48,842 | ▼ 50.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €218,573 | €340,083 | €343,775 | ▲ 1.1% |
| Fixed assets21/28 | €15,682 | €12,102 | €5,784 | ▼ 52.2% |
| Tangible fixed assets22/27 | €15,682 | €12,102 | €5,784 | ▼ 52.2% |
| Furniture and vehicles24 | €15,682 | €12,102 | €5,784 | ▼ 52.2% |
| Current assets29/58 | €202,890 | €327,981 | €337,991 | ▲ 3.1% |
| Amounts receivable after more than one year29 | - | - | €284,894 | - |
| Other amounts receivable291 | - | - | €284,894 | - |
| Amounts receivable within one year40/41 | €183,332 | €317,301 | €45,740 | ▼ 85.6% |
| Trade receivables40 | €78,840 | €191,743 | €16,462 | ▼ 91.4% |
| Other amounts receivable41 | €104,492 | €125,558 | €29,278 | ▼ 76.7% |
| Cash at bank and in hand54/58 | €19,177 | €10,372 | €7,357 | ▼ 29.1% |
| Deferred charges and accrued income490/1 | €382 | €308 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €218,573 | €340,083 | €343,775 | ▲ 1.1% |
| Equity10/15 | €147,025 | €244,645 | €293,487 | ▲ 20.0% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €145,025 | €145,025 | €145,025 | = |
| Distributable reserves133 | €145,025 | €145,025 | €145,025 | = |
| Profit (loss) carried forward14 | - | €97,621 | €146,462 | ▲ 50.0% |
| Amounts payable17/49 | €71,548 | €95,437 | €50,288 | ▼ 47.3% |
| Amounts payable within one year42/48 | €70,896 | €94,625 | €50,288 | ▼ 46.9% |
| Trade debts44 | €1,288 | €1,496 | €2,447 | ▲ 63.5% |
| Suppliers440/4 | €1,288 | €1,496 | €2,447 | ▲ 63.5% |
| Taxes, remuneration and social security45 | €69,608 | €93,129 | €47,841 | ▼ 48.6% |
| Taxes450/3 | €69,608 | €91,331 | €44,173 | ▼ 51.6% |
| Remuneration and social security454/9 | - | €1,797 | €3,668 | ▲ 104% |
| Accrued charges and deferred income492/3 | €652 | €812 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €145,025 | €97,621 | €48,842 | ▼ 50.0% |
| + Depreciation and write-downs630 | €1,141 | €5,710 | €6,318 | ▲ 10.6% |
| Operating cash flow (approximation) | €146,165 | €103,331 | €55,159 | ▼ 46.6% |
| Investment in fixed assets (approximation) | - | -€2,130 | €0 | - |
| Change in cash | - | -€8,805 | -€3,015 | ▲ 65.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as STRUCTOMAR has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STRUCTOMAR itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for STRUCTOMAR. 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.
Board & ownership
Directors
Directors
1 director, no change since 2023
LEYSEN Marijke
Current
Director (not named in the articles) · since 26-07-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“8- Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem…”
deed of 28-07-2023Owners and capital
Shareholders
At incorporation
act of 28-07-2023 ↗
- LEYSEN Marijke sole founder · 100% at incorporation
Capital transactions
Capital over time
- 28-07-2023 Incorporation · €2,000 · 2,000 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering bepaalt aantal,duur van opdracht en,indien meerdere bestuurders,bevoegdheid”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Kan op elk moment worden ontbonden door beslissing van de algemene vergadering beslissende in de vormen vereist voor de statutenwijziging”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Onverminderd recht van algemene vergadering om één of meerdere vereffenaars aan te duiden,hun bevoegdheden te omlijnen en hun vergoeding te…”
Articles of association, deed of 28-07-2023 (in Dutch)
Network & group
STRUCTOMAR shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of STRUCTOMAR. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
micro format · 31 days late
2025
31-12
Financial
Weakest financial yearnet €48,842 ▼50%
The net result drops to €48,842, the lowest from 2023 to 2025.
29-07
micro format · 2 days before the deadline
2024
31-12
Financial
Equity above €200,000equity €244,645 ▲66.4%
With a profit in every financial year since 2023, equity grows to €244,645.
22-07
micro format · 9 days before the deadline
2023
28-07
Gazette deed
IncorporationStarting capital €2,000 · Appointment: LEYSEN Marijke (director) · Founder6 points ▸
Gazette deed
Incorporation
Starting capital €2,000 · Appointment: LEYSEN Marijke (director) · Founder6 points ▸
- Incorporation, “STRUCTOMAR” (deed in Dutch)
- Founder, LEYSEN Marijke
- Founding capital, €2,000
- Registered office clause, “3500 Hasselt,Papenakkerstraat 5” (deed in Dutch)
- Board rule, 1
- Director appointment, LEYSEN Marijke (director (not named in the articles))
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
STRUCTOMAR in Dutch
Enterprise number
0804.295.393
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-07-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-07-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, overbrenging naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands taalgebied door…”
deed of 28-07-2023 (in Dutch)Registered office and establishments
Registered office
Papenakkerstraat 5, 3500 Hasselt, Belgium
Establishment unit
STRUCTOMAR, Papenakkerstraat 5, 3500 Hasselt since 26-07-2023 · unit number 2.347.872.033
Activities
NACEBEL 2025VAT activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
Social security (RSZ) activities
71111
Activities of building architects main activity
Codes under NACEBEL 2008
VAT activities
71121
Engineering activities main activity
Social security (RSZ) activities
71111
Architectural and engineering activities; technical testing and analysis main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 28-07-2023 (in Dutch)
“De opmaak en het advies en consulting inzake technisch tekenwerk in de bouwsector in de ruimste zin; Alle activiteit verband houdende met de…”
6 activities
- De opmaak en het advies en consulting inzake technisch tekenwerk in de bouwsector in de ruimste zin
- Alle activiteit verband houdende met de werfopvolging bouw en alle bouwwerkzaamheden in de ruimste zin
- Alle activiteiten die verband houden met dossieropvolging in de bouwsector op alle mogelijke vlakken en domeinen en dit in de ruimste zin
- Technisch adviesverlening in de bouwsector in de ruimste zin
- Activiteiten die verband houden met de vertegenwoordiging in bouwmaterialen,apparatuur,machines,soft- en hardware dit alles in de ruimste zin
- Zowel in België als in het buitenland,het aan en verkopen van onroerende goederen.Het beheren en oordeelkundig uitbreiden in de ruimste zin van het woord van een patrimonium,grotendeels bestaande uit onroerende goederen
Invoicing and payment
VAT number
BE 0804.295.393
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 19:30
deed of 28-07-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
389 m²
Building footprint
102 m²
Building volume
592 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71052B0504/00K006 | Flanders | 389 m² | 1 · 102 m² | 9.4 m · 2 |