Debts
Of this, €1.0m falls due within a year.
Of this, €1.0m falls due within a year.
The 2022 accounts came latest: 128 days after the end of the period.
Lower net result than 82% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
In July 2024, 748 companies had the same profile as StructurEA has now. Each dot stands for 2 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 748 companies, not a prediction for StructurEA. 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.
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.
| Company | ||||
|---|---|---|---|---|
| StructurEA Chaudfontaine | €1.2m | €183,512 | 10.8% | - |
| GERACI CONSTRUCTION Seraing | €1.1m | €216,326 | 22.9% | - |
| LANDI BOUW Maasmechelen | €1.3m | €184,590 | 18.7% | 2.3 |
| MV Invest & Rental Ardooie | €1.2m | €201,921 | 43.3% | 0 |
| GRISARD INDUSTRIES Grez-Doiceau | €1.1m | €197,602 | 14.9% | - |
| CR CONSTRUCTION SRL Courcelles | €1.1m | €165,742 | 40.0% | - |
| KUVI CONSTRUCT Willebroek | €1.1m | €165,355 | 8.2% | 0 |
These companies have the same main activity as StructurEA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 2016 and 2018.
StructurEA files the micro format. That format states no turnover. The gross margin rose from -€4,218 in 2018 to €183,512 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €600,000. Estimated: probably between €430,000 and €930,000.
Higher than 19% of 10,152 companies in 2025.
Higher than 17% of 9,863 companies in 2025.
Higher than 24% of 9,951 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.2m | 820,164 | 862,478 | 735,054 | 375,779 | 234,574 | 30,354 | 38,827 | |
21/28 |
295,367 | 399,269 | 349,763 | 404,829 | 176,940 | 170,365 | 593 | 841 | |
21 |
72 | 472 | 872 | 1,272 | 1,672 | - | - | - | |
22/27 |
292,350 | 393,807 | 347,990 | 402,657 | 174,368 | 169,465 | 593 | 841 | |
23 |
292,350 | 393,374 | 346,760 | 400,630 | 174,368 | 169,465 | 593 | 841 | |
24 |
0 | 433 | 1,230 | 2,027 | - | - | - | - | |
28 |
2,945 | 4,990 | 900 | 900 | 900 | 900 | - | - | |
29/58 |
886,368 | 420,895 | 512,715 | 330,224 | 198,839 | 64,209 | 29,761 | 37,986 | |
29 |
- | 41,232 | 14,327 | 2,830 | 7,900 | 9,586 | 9,586 | 6,486 | |
290 |
- | 41,232 | 14,327 | 2,830 | - | - | 9,586 | 6,486 | |
291 |
- | - | - | - | 7,900 | 9,586 | - | - | |
3 |
13,506 | - | - | - | - | - | - | - | |
30/36 |
13,506 | - | - | - | - | - | - | - | |
40/41 |
864,617 | 354,127 | 469,579 | 292,452 | 181,922 | 43,326 | 18,870 | 30,335 | |
40 |
677,398 | 232,012 | 422,857 | 241,545 | 177,257 | 31,170 | 7,803 | 30,335 | |
41 |
187,220 | 122,115 | 46,723 | 50,908 | 4,666 | 12,156 | 11,067 | - | |
54/58 |
2,453 | 13,015 | 5,335 | 6,530 | 536 | 2,287 | 16 | - | |
490/1 |
5,792 | 12,521 | 23,474 | 28,412 | 8,481 | 9,010 | 1,289 | 1,165 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.2m | 820,164 | 862,478 | 735,054 | 375,779 | 234,574 | 30,354 | 38,827 | |
10/15 |
127,155 | 133,063 | 124,973 | 98,209 | 81,222 | 67,269 | -507 | -506 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
14 |
108,555 | 114,463 | 106,373 | 79,609 | 62,622 | 48,669 | -6,707 | -6,706 | |
17/49 |
1.1m | 687,101 | 737,504 | 636,844 | 294,557 | 167,305 | 30,861 | 39,333 | |
17 |
36,390 | 98,774 | 176,625 | 269,137 | 87,319 | 37,756 | - | - | |
170/4 |
36,390 | 98,774 | 176,625 | 269,137 | 87,319 | 37,756 | - | - | |
42/48 |
1.0m | 587,577 | 560,879 | 367,708 | 207,238 | 129,549 | 30,460 | 39,333 | |
42 |
208,030 | 153,658 | 99,741 | 109,880 | 45,489 | 37,865 | - | - | |
43 |
55,946 | 55,946 | 51,847 | 21,900 | 7,413 | 3,089 | 13,819 | 13,596 | |
430/8 |
55,946 | 55,946 | 51,847 | 21,900 | 7,413 | 3,089 | 13,819 | 13,596 | |
44 |
589,455 | 212,002 | 304,327 | 184,199 | 118,738 | 54,364 | 1,775 | 16,512 | |
440/4 |
589,455 | 212,002 | 304,327 | 184,199 | 118,738 | 54,364 | 1,775 | 16,512 | |
45 |
149,626 | 136,722 | 72,047 | 44,728 | 26,567 | 27,231 | 7,866 | 2,225 | |
450/3 |
149,626 | 136,722 | 72,047 | 44,728 | 26,567 | 27,231 | 7,866 | 2,225 | |
47/48 |
14,595 | 29,249 | 32,918 | 7,000 | 9,031 | 7,000 | 7,000 | 7,000 | |
492/3 |
539 | 750 | - | - | - | - | 401 | - | |
| Income statement | |||||||||
9900 |
183,512 | 210,576 | 173,729 | 127,123 | 106,114 | 94,114 | 6,628 | -4,218 | |
62 |
75 | 232 | - | - | - | - | - | - | |
630 |
147,077 | 145,064 | 119,165 | 82,677 | 44,523 | 18,368 | 589 | 600 | |
640/8 |
8,271 | 5,429 | 4,115 | 9,631 | 1,839 | 4,942 | 1,630 | 899 | |
66A |
- | - | 1,937 | - | - | - | - | - | |
9901 |
28,089 | 59,851 | 48,512 | 34,815 | 59,752 | 70,803 | 4,409 | -5,717 | |
75/76B |
2,420 | 2,035 | 4,312 | 687 | 4,225 | 1,467 | 782 | 53 | |
75 |
2,420 | 2,035 | 4,312 | 687 | 4,225 | 1,467 | 782 | 53 | |
65/66B |
24,769 | 34,652 | 24,074 | 17,471 | 9,492 | 8,353 | 2,823 | 536 | |
65 |
24,769 | 34,652 | 24,074 | 17,471 | 9,492 | 8,353 | 2,823 | 536 | |
9903 |
5,740 | 27,234 | 28,749 | 18,031 | 54,484 | 63,917 | 2,368 | -6,201 | |
67/77 |
11,648 | 19,144 | 1,985 | 1,043 | 15,532 | 8,541 | 2,369 | 505 | |
9904 |
-5,908 | 8,090 | 26,764 | 16,988 | 38,953 | 55,376 | -1 | -6,706 | |
9905 |
-5,908 | 8,090 | 26,764 | 16,988 | 38,953 | 55,376 | -1 | -6,706 | |
| Appropriation of the result | |||||||||
9906 |
108,555 | 114,463 | 106,373 | 79,609 | 87,622 | 48,669 | -6,707 | -6,706 | |
14P |
114,463 | 106,373 | 79,609 | 62,622 | 48,669 | - | - | - | |
694/7 |
- | - | - | - | 25,000 | - | - | - | |
694 |
- | - | - | - | 25,000 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 15 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 25-09-2026.
2025 annual accounts filed 56 days after the deadline. Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00529925.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-09-2026 | 2026-00529925 | |
| 31-12-2024 | micro format | 26-09-2025 | 2025-00514414 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00480465 | |
| 31-12-2022 | micro format | 06-12-2023 | 2023-00522992 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20089492 | |
| 31-12-2020 | micro format | 14-04-2021 | 2021-10300481 | |
| 31-12-2019 | micro format | 17-09-2020 | 2020-53700090 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60200599 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 175,166 | 204,915 | 167,677 | 117,492 | 104,275 | 89,171 | 4,998 | -5,117 | ||
| 141,169 | 153,154 | 145,929 | 99,664 | 83,476 | 73,744 | 588 | -6,105 | ||
| 68,443 | 193,267 | 68,532 | 310,566 | 55,614 | 188,140 | 342 | 1,441 | ||
| -10,563 | 7,680 | -1,195 | 5,994 | -1,751 | 2,271 | - | - | ||
| -131,283 | -166,682 | -48,164 | -37,483 | -8,399 | -65,339 | -699 | -1,346 | ||
| 10.8% | 16.2% | 14.5% | 13.4% | 21.6% | 28.7% | -1.7% | -1.3% | ||
| 0.87 | 0.72 | 0.91 | 0.90 | 0.96 | 0.50 | 0.98 | 0.97 | ||
| 0.86 | 0.72 | 0.91 | 0.90 | 0.96 | 0.50 | 0.98 | 0.97 | ||
| 8.29 | 5.16 | 5.90 | 6.48 | 3.63 | 2.49 | - | - | ||
| -4.6% | 6.1% | 21.4% | 17.3% | 48.0% | 82.3% | - | - | ||
| -0.5% | 1.0% | 3.1% | 2.3% | 10.4% | 23.6% | 0.0% | -17.3% | ||
| 7.07 | 5.91 | 6.97 | 6.72 | 10.99 | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €68,443 | €193,267 | €68,532 | €310,566 | €53,614 |
| Intangible fixed assets | - | - | - | - | €2,000 |
| €147,077 | €145,064 | €119,165 | €82,677 | €44,523 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 53% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total rises from 83.8% to 89.2%. Equity is lower and debt is higher.
StructurEA has no parent and no holdings in its annual accounts. is the only director. StructurEA shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 24 October 2017, StructurEA was incorporated by two natural persons, with a starting capital of €18,600.12 The registered office moved to Liège in 2019 and to Beaufays in 2022.34 is manager of the company, appointed by deed of 26-10-2017.2 Total assets went from €38,827 in 2018 to €1.2m in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Rue de Louveigné 188 registered office 4052 Chaudfontaine | 31-10-2017 | 2.269.315.790 |
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 0683.670.945
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