Equity
€0 ▼ 100%
StructurAL paid out €71,555 in dividends. That is 100% of the 2025 profit.
StructurAL
Overview
Lifetime
6 annual accounts with figures on one time axispeak €99,419 (2025)
€99,419▲ 174%
peak €71,555 (2025)
€71,555▲ 229%
peak €39,052 (2023)
€0▼ 100%
€122,432▲ 119%
Board1 name since 2020
1 directorLEROY Amaury Fernand
Owners
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €36,318 to €99,419Result from €21,777 to €71,555Dividend €71,555Equity from €15,000 to €0Debts from €55,857 to €122,432
Key points
from the 2025 annual accountsProfit
6 years
6 profitable years in a row. Profit 2025: €71,555.
Turnover
≈ €260,000 estimated
The accounts state no turnover.
Debts
€122,432 100% of the balance sheet
Financial debts 12%Suppliers 8%Taxes and wages 30%Other 50%
Of this, €107,432 falls due within a year.
Filings
6 annual accounts 5 late
The 2021 accounts came latest: 30 days after the end of the period.
Position in the sector
€71,555
Higher net result than 87% of companies in real estate. Sector median €5,997 · 17,176 companies.
Checked score
54
Fair
Financially stronger than 35% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Zero equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.2 percentage points vs 07-2025
09-2025: 0.2%▼ -0.1 percentage points 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: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: zero equity
Equity €0 (0.0% of total assets)
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 0.88, cash €24,672
Size: total assets €122,432
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 19% of them on solvency, 20% on liquidity, 95% on profitability and 5% on growth.
The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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, 2,153 companies had the same profile as StructurAL has now. Each dot stands for 6 companies, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of StructurAL itself is lower: 0.3% within 12 months. It rests on far more data about StructurAL than the profile alone.
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 2,153 companies, not a prediction for StructurAL. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.88 (0.67 in 2024), below 1. Short-term debt is 87.7% and cash 20.2% of total assets. 100% 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
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 17185 sector peers (2025).
NBB · sector comparisonPosition among 17185 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 6 filingsDeviation from the deadline
2025
27 days late
2024
28 days late
2023
19 days late
2022
27 days late
2021
30 days late
2020
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 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 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0747913847
First establishment
Tervuurse steenweg 135, Auderghem
Incorporation
Founder: LEROY Amaury Fernand · 100 shares · Appointment: LEROY Amaury Fernand (director) · published on 09-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| StructurAL Auderghem | €122,432 | €99,419 | 0.0% | - |
| PROJECTEO Molenbeek-Saint-Jean | €135,934 | €118,204 | 23.6% | - |
| HOME 88 Etterbeek | €98,404 | €105,972 | 22.2% | - |
| Immotecta Brussels | €143,400 | €70,160 | 71.4% | - |
| MS PROPERTY Ixelles | €99,287 | €104,961 | 19.5% | - |
| BoJa Projects & Consulting Heist-op-den-Berg | €131,957 | €123,348 | 87.7% | - |
| FONDERS Jabbeke | €129,902 | €109,683 | 39.3% | 1.1 |
These companies have the same main activity as StructurAL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €98,400 and €143,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 05-06-2020Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.303.469.9851160 Auderghem, since 08-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2025
Annual accounts 2025
- €99,419▲ 174%
- €71,555▲ 229%
- €0▼ 100%
- €122,432▲ 72.8%
- Filing
- Filed on 27-08-2026
Insights on StructurAL
StructurAL files the micro format. That format states no turnover. The gross margin rose from €15,313 in 2020 to €99,419 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-08-2026, 27 days late€99,419
▲ 174%
€92,104
▲ 212%
€71,555
▲ 229%
-€12,786
▲ €5,851
0.0%
▼ 21.2 percentage points
0.88
▲ 0.21
The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €130,000 and €610,000.
Balance sheet
balance sheet total €122,432 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
0.0%
Higher than 20% of 17,185 companies in 2025.
0.88
Higher than 40% of 16,482 companies in 2025.
58.4%
Higher than 95% of 16,861 companies in 2025.
StructurAL
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
122,432 | 70,857 | 70,710 | 126,319 | 46,223 | 26,424 | |
21/28 |
27,786 | 33,637 | 36,971 | 42,314 | 1,122 | - | |
22/27 |
27,786 | 33,637 | 36,971 | 42,314 | 1,122 | - | |
24 |
896 | 1,565 | 626 | 874 | 1,122 | - | |
26 |
26,891 | 32,072 | 36,345 | 41,440 | - | - | |
29/58 |
94,646 | 37,220 | 33,739 | 84,005 | 45,101 | 26,424 | |
40/41 |
68,448 | 8,367 | 2,123 | 57,125 | 325 | 6,120 | |
40 |
49,530 | 8,367 | 2,123 | 57,125 | 325 | 6,120 | |
41 |
18,918 | - | - | - | - | - | |
54/58 |
24,672 | 28,012 | 31,616 | 26,880 | 44,231 | 19,780 | |
490/1 |
1,526 | 841 | - | - | 545 | 524 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
122,432 | 70,857 | 70,710 | 126,319 | 46,223 | 26,424 | |
10/15 |
0 | 15,000 | 39,052 | 29,266 | 33,698 | 16,797 | |
10/11 |
0 | 15,000 | 15,000 | 5,000 | 5,000 | 5,000 | |
14 |
0 | - | 24,052 | 24,266 | 28,698 | 11,797 | |
17/49 |
122,432 | 55,857 | 31,658 | 97,053 | 12,525 | 9,627 | |
17 |
15,000 | - | - | - | - | - | |
170/4 |
15,000 | - | - | - | - | - | |
42/48 |
107,432 | 55,857 | 31,658 | 97,053 | 12,525 | 9,627 | |
44 |
10,146 | 2,813 | 2,068 | 47,958 | 2,172 | 672 | |
440/4 |
10,146 | 2,813 | 2,068 | 47,958 | 2,172 | 672 | |
45 |
36,464 | 25,447 | 24,086 | 22,867 | 9,861 | 8,581 | |
450/3 |
36,464 | 25,447 | 24,086 | 22,867 | 9,861 | 8,581 | |
47/48 |
60,822 | 27,597 | 5,504 | 26,228 | 492 | 374 | |
| Income statement | |||||||
9900 |
99,419 | 36,318 | 33,830 | 37,777 | 22,195 | 15,313 | |
62 |
626 | - | - | - | - | - | |
630 |
5,851 | 5,468 | 5,343 | 718 | 118 | - | |
640/8 |
838 | 1,323 | 430 | 3,916 | 51 | - | |
9901 |
92,104 | 29,527 | 28,057 | 33,143 | 22,026 | 15,313 | |
75/76B |
1 | - | - | 122 | - | - | |
75 |
1 | - | - | 122 | - | - | |
65/66B |
86 | 753 | 258 | 245 | 86 | 71 | |
65 |
86 | 753 | 258 | 245 | 86 | 71 | |
9903 |
92,018 | 28,774 | 27,799 | 33,020 | 21,940 | 15,242 | |
67/77 |
20,463 | 6,997 | 6,738 | 7,452 | 5,039 | 3,445 | |
9904 |
71,555 | 21,777 | 21,061 | 25,568 | 16,901 | 11,797 | |
9905 |
71,555 | 21,777 | 21,061 | 25,568 | 16,901 | 11,797 | |
| Appropriation of the result | |||||||
9906 |
71,555 | 45,828 | 45,327 | 54,266 | 28,698 | 11,797 | |
14P |
0 | 24,051 | 24,266 | 28,698 | 11,797 | - | |
694/7 |
71,555 | 45,828 | 21,275 | 30,000 | - | - | |
694 |
71,555 | 45,828 | 21,275 | 30,000 | - | - | |
| Document | |||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452604.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00452604 | |
| 31-12-2024 | full format | 28-08-2025 | 2025-00425819 | |
| 31-12-2023 | full format | 19-08-2024 | 2024-00350598 | |
| 31-12-2022 | full format | 27-08-2023 | 2023-00361333 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20420778 | |
| 31-12-2020 | full format | 13-07-2021 | 2021-34600232 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 97,955 | 34,995 | 33,400 | 33,861 | 22,144 | - | ||
| 77,406 | 27,245 | 26,404 | 26,286 | 17,019 | - | ||
| 0 | 2,134 | 0 | 41,909 | 1,240 | - | ||
| -3,340 | -3,604 | 4,736 | -17,351 | 24,451 | - | ||
| -12,786 | -18,637 | 2,081 | -13,048 | 32,576 | 16,797 | ||
| 0.0% | 21.2% | 55.2% | 23.2% | 72.9% | 63.6% | ||
| 0.88 | 0.67 | 1.07 | 0.87 | 3.60 | 2.74 | ||
| - | 3.72 | 0.81 | 3.32 | 0.37 | 0.57 | ||
| - | 145.2% | 53.9% | 87.4% | 50.2% | 70.2% | ||
| 58.4% | 30.7% | 29.8% | 20.2% | 36.6% | 44.6% | ||
| over 100 | 46.47 | over 100 | over 100 | over 100 | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,134 | - | €41,909 | €1,240 |
| Financial fixed assets | €0 | - | - | - | - |
| €5,851 | €5,468 | €5,343 | €718 | €118 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on StructurAL
The operating result for 2025 is over 3.1 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 04-06-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
Mandates through the years
1 name, the dashed line is todayLEROY Amaury Fernand
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- LEROY Amaury Fernand
- Director (not named in the articles), from 04-06-2020 to date
Control
100%
This company
StructurAL
Equity €0
Profit €71,555 in 2025
Capital
- Contribution
- €15,000
- Source
- 2024 annual accounts
Articles of association
deed of 09-06-2020 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata si plusieurs, mêmes formalités si pas de plein droit actionnaires”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 20:00
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 09-06-2020 ↗
- LEROY Amaury Fernand all shares
Network & group
No group
StructurAL has no parent and no holdings in its annual accounts. LEROY Amaury Fernand is the only director.
The LEI register names no parent.
Board mandates elsewhere
2 board mandatesBoard mandates of StructurALStructurAL sits on their board2
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
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
Timeline
10 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 27 days late
2025
Highest result from 2020 to 2025 net €71,555 ▲229% The operating result of €92,104 and the net result of €71,555 are both a record.
Annual accounts 2024 filed PDFfull format · 28 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0747913847
2024
Annual accounts 2023 filed PDFfull format · 19 days late
2023
Annual accounts 2022 filed PDFfull format · 27 days late
2022
Annual accounts 2021 filed PDFfull format · 30 days late
2021
Annual accounts 2020 filed PDFfull format · 18 days before the deadline
2020
First establishment Tervuurse steenweg 135, Auderghem
IncorporationFounder: LEROY Amaury Fernand · 100 shares · Appointment: LEROY Amaury Fernand (director) · published on 09-06-20205 points ▸
- Founder, LEROY Amaury Fernand
- LEROY Amaury Fernand holds all the shares
- 100 shares
- Registered office clause, Chaussée de Tervueren 135, 1160 Auderghem
- Director appointment, LEROY Amaury Fernand (director (not named in the articles))
- The deed holds 3 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 5 June 2020, StructurAL was incorporated as a private limited company.1 LEROY Amaury Fernand has served as director since 2020.2 Total assets went from €26,424 in 2020 to €122,432 in 2025.3
Company details
Identity
- Enterprise number
- 0747.913.847
- VAT number
- BE 0747.913.847
- Peppol ID
- 0208:0747913847
- Other Peppol ID
- 9925:BE0747913847
- LEI code
- 984500F97812F5DB6632 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-06-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June at 20:00deed of 09-06-2020 (in French)
- Peppol
- Reachable since 07-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- StructurAL in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-06-2020 (in French)
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
41102
Construction of residential and non-residential buildings
64200
Holdings
68100
Real estate activities
71111
Architectural and engineering activities; technical testing and analysis
71121
Engineering activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’administration,la gestion et la direction de sociétés liées ou non liées ou à la participation à celleci par la prise de tous mandas au…”deed of 09-06-2020 (in French)
7 activities
- L’administration,la gestion et la direction de sociétés liées ou non liées ou à la participation à celleci par la prise de tous mandas au sein desdites sociétés ou entreprises
- La recherche ou les travaux d’études au profit de sociétés liées ou non liées
- Toutes activités d’architecture de construction,d’ingénierie et de conseils techniques,à l’exception des activités de géomètre
- La prestation de service dans le domaine du conseil et du management,le conseil et l’assistance dans la mise au point,le développement et la mise en application de technologies,ainsi que le management et la gestion en général,sans que cette énumération puisse être interprétée de façon restrictive
- La société a également pour objet,pour son compte propre,l’achat,la vente,la cession,l’échange et la gestion de toutes valeurs mobilières,actions,parts sociales,obligations,fonds d’Etat,de tous biens mobiliers et immobiliers,la prise de participation,sous quelque forme que ce soit,dans toutes les sociétés et entreprises industrielles,commerciales,agricoles,financières,immobilières et autres entreprises industrielles,commerciales,agricoles,financières,immobilières et autres entreprises existantes ou à créer,ainsi que tous investissements et opérations financières
- La société peut prester des services d’assistance sous quelque forme que ce soit,en vue de l’étude,la surveillance et la direction de toutes opérations dans des domaines financiers,commerciaux,industriels,techniques et scientifiques,et dans le domaine de l’organisation des entreprises
- La société a également pour objet l'achat,la vente et l'exploitation de tous biens immeubles bâtis ou non bâtis
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Tervuurse steenweg 135 registered office 1160 Auderghem | 08-06-2020 | 2.303.469.985 |
Contact
E-mail
aleroy.structurAL@gmail.com
Invoicing 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. Use the enterprise number 0747.913.847