STRUMAR
STRUMAR has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €17k. Equity is growing by ~80.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 1089 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €33k |
| Net result | €17k |
| Better than sector | 20% |
| Active | 34 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.3% | 51.4% | |
| Net result | €17k | €24k | |
| Equity | €33k | €51k | |
| Gross operating margin | €33k | €46k | |
| Total assets | €392k | €117k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | +186.9% | -47.7% | - |
| Net profit | +132.4% | -52.6% | - |
| Cash flow | +134.5% | -52.7% | - |
| Staff costs | - | - | - |
| Income taxes | +280.4% | -13.3% | - |
| Dividends | - | - | - |
| Total assets | +1471.4% | -81.7% | - |
| Equity | +112.6% | +94.0% | - |
| Debt | +3639.5% | -92.5% | - |
| of which ≤ 1y | +1135.4% | -92.5% | - |
| of which > 1y | - | - | - |
| Working capital | - | - | - |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.39 | 2.32 | 0.55 |
| Quick ratio | 0.39 | 2.32 | 0.55 |
| Working capital ratio | -18.6% | 50.7% | -42.3% |
| Solvency | 8.3% | 61.5% | 5.8% |
| Debt / equity | 11.02 | 0.63 | 16.25 |
| Long-term debt ratio | 7.38 | - | - |
| Interest coverage | 8.75 | 33.49 | 210.11 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 4.4% | 29.8% | 11.5% |
| ROE | 53.0% | 48.4% | 198.4% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €392k | €25k | €136k |
| Fixed assets | 21/28 | €346k | €3k | €66k |
| Intangible fixed assets | 21 | €1k | €1k | €1k |
| Tangible fixed assets | 22/27 | €345k | €1k | €64k |
| Financial fixed assets | 28 | €72 | - | - |
| Current assets | 29/58 | €46k | €22k | €71k |
| Amounts receivable within one year | 40/41 | €11k | €11k | €8k |
| Cash & bank | 54/58 | €17k | €9k | €61k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €392k | €25k | €136k |
| Equity | 10/15 | €33k | €15k | €8k |
| Contributions / capital | 10/11 | €62k | €62k | €62k |
| Reserves | 13 | €16k | €12k | €9k |
| Accumulated profits (losses) | 14 | €-46k | €-59k | €-63k |
| Amounts payable | 17/49 | €359k | €10k | €128k |
| Amounts payable after one year | 17 | €240k | - | - |
| Amounts payable within one year | 42/48 | €119k | €10k | €128k |
| Trade debts payable within one year | 44 | €1k | €3k | €2k |
| Income statement | ||||
| Gross operating margin | 9900 | €33k | €30k | €22k |
| Operating result | 9901 | €28k | €10k | €18k |
| Financial income | 75 | €65 | €94 | €32 |
| Financial charges | 65 | €4k | €324 | €99 |
| Result before taxes | 9903 | €24k | €9k | €18k |
| Income taxes | 67/77 | €7k | €2k | €2k |
| Net result for the period | 9904 | €17k | €7k | €16k |
| Result to be appropriated | 9905 | €17k | €7k | €16k |
| NACE primary | Office administrative and support services(82100) |
| Legal form | Public limited company(014) |
| Incorporation | 11-03-1992 |
| Status | Active |
| Postal code | 2845 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030B0293/00L006 | Flanders | 1,225 m² | 1 · 219 m² | 14.3 m · 3 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-02-2023 Change in the board of directors
Technical details
{
"events": [
{
"kind": "sole_shareholder_declaration",
"role": "eigenaar",
"person": {
"rrn": null,
"name": "MARTIEN Alexander Johan Stefaan",
"address": null,
"birth_date": "1985-12-23",
"profession": null,
"birth_place": "Leuven"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De heer MARTIEN Alexander Johan Stefaan, geboren te Leuven op 23 december 1985, die verklaarde achtenveertig (48) aandelen te bezitten.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "sole_shareholder_declaration",
"role": "eigenaar",
"person": {
"rrn": null,
"name": "VINCENT Caroline",
"address": null,
"birth_date": "1990-03-22",
"profession": null,
"birth_place": "Antwerpen(Wilrijk)"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Mevrouw VINCENT Caroline, geboren te Antwerpen(Wilrijk) op 22 maart 1990, die verklaarde twee (2) aandelen te bezitten.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Sabine Van Buggenhout",
"firm_city": null,
"firm_name": null,
"office_city": "Meise",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-13",
"filing_date": "2023-02-09",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-02-02",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0446.902.259",
"name_full": "STRUMAR",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sabine Van Buggenhout",
"org_rep_person_name": null,
"person_role_at_subject": "Notaris"
},
"co_filed_documents": [
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | STRUMAR |