Strusima
ActiveSummary
Strusima has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,053 and a net result of €82,599. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 980 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+12
Solvency82▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.93 in 2024; short-term debt: 42.8% and cash: 23.8% of total assets), and 42.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.2%
Return on assets
23.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
32 d late
2024
153 d late
2023
153 d late
2022
153 d late
2021
153 d late
2020
165 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 137 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€198,053▼ 17.6%
2024 · €240,455
Total assets
€345,998▲ 17.0%
2024 · €295,639
Net result
€82,599▲ 86.6%
2024 · €44,262
Working capital
€71,148▼ 33.3%
2024 · €106,672
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62,549▲ 26.4%€52,657▼ 15.8%€46,646▼ 11.4%€66,329▲ 42.2%€112,281▲ 69.3%
Net result€48,124above the sector's middle half▲ 26.6%€42,940above the sector's middle half▼ 10.8%€13,466within the sector's middle half▼ 68.6%€44,262above the sector's middle half▲ 229%€82,599above the sector's middle half▲ 86.6%
Equity€140,786within the sector's middle half▲ 48.7%€182,726within the sector's middle half▲ 29.8%€196,192above the sector's middle half▲ 7.4%€240,455above the sector's middle half▲ 22.6%€198,053above the sector's middle half▼ 17.6%
Total assets€190,074within the sector's middle half▲ 53.3%€223,007within the sector's middle half▲ 17.3%€250,252within the sector's middle half▲ 12.2%€295,639within the sector's middle half▲ 18.1%€345,998within the sector's middle half▲ 17.0%
Debt€49,288▲ 68.2%€40,281▼ 18.3%€54,060▲ 34.2%€55,184▲ 2.1%€147,945▲ 168%
Working capital€119,390above the sector's middle half▲ 30.9%€45,757within the sector's middle half▼ 61.7%€63,288within the sector's middle half▲ 38.3%€106,672above the sector's middle half▲ 68.6%€71,148within the sector's middle half▼ 33.3%
Solvency74.1%above the sector's middle half▼ 2.3pp81.9%above the sector's middle half▲ 7.9pp78.4%above the sector's middle half▼ 3.5pp81.3%above the sector's middle half▲ 2.9pp57.2%within the sector's middle half▼ 24.1pp
Current ratio3.42above the sector's middle half▼ 0.692.14within the sector's middle half▼ 1.292.17within the sector's middle half▲ 0.032.93within the sector's middle half▲ 0.761.48within the sector's middle half▼ 1.45
Return on assets (ROA)25.3%above the sector's middle half▼ 5.3pp19.3%above the sector's middle half▼ 6.1pp5.4%within the sector's middle half▼ 13.9pp15.0%within the sector's middle half▲ 9.6pp23.9%above the sector's middle half▲ 8.9pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 69% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345,998
Fixed assets
€126,906 ▼ 5.1%
Current assets
€219,093 ▲ 35.4%
Equity and liabilities €345,998
Equity
€198,053 ▼ 17.6%
Debt
€147,945 ▲ 168%
Debt's share of the balance-sheet total rises from 18.7% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€116,603▲
2024 · €71,201
Cash flow
€86,921▲
2024 · €49,134
Debt to equity
0.75▲
2024 · 0.23
ROE
41.7%▲
2024 · 18.4%
Interest coverage
256.53▼
2024 · 1060.33
Debt ≤ 1 year
€147,945▲
2024 · €55,184
Income taxes
€34,139▲
2024 · €22,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,340 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% | 1.0% |
| 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% 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 34,696 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,127 | €10,400 | €5,989 | €4,871 | €4,322 | ▼ 11.3% |
| Other operating charges640/8 | €794 | €301 | €582 | €764 | €16,631 | ▲ 2,077% |
| Gross operating margin9900 | €67,470 | €63,358 | €53,217 | €71,965 | €133,234 | ▲ 85.1% |
| Operating profit (loss)9901 | €62,549 | €52,657 | €46,646 | €66,329 | €112,281 | ▲ 69.3% |
| Financial income75/76B | - | €3,033 | - | - | €4,911 | - |
| Recurring financial income75 | - | €3,033 | - | - | €4,911 | - |
| Financial charges65/66B | €170 | €48 | €55 | €67 | €455 | ▲ 577% |
| Recurring financial charges65 | €170 | €48 | €55 | €67 | €455 | ▲ 577% |
| Profit (loss) for the period before taxes9903 | €62,379 | €55,643 | €46,591 | €66,262 | €116,737 | ▲ 76.2% |
| Income taxes67/77 | €14,255 | €12,703 | €33,125 | €22,000 | €34,139 | ▲ 55.2% |
| Profit (loss) for the period9904 | €48,124 | €42,940 | €13,466 | €44,262 | €82,599 | ▲ 86.6% |
| Profit (loss) for the period to be appropriated9905 | €48,124 | €42,940 | €13,466 | €44,262 | €82,599 | ▲ 86.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190,074 | €223,007 | €250,252 | €295,639 | €345,998 | ▲ 17.0% |
| Fixed assets21/28 | €21,397 | €136,969 | €132,904 | €133,783 | €126,906 | ▼ 5.1% |
| Tangible fixed assets22/27 | €21,397 | €38,893 | €34,828 | €35,707 | €28,829 | ▼ 19.3% |
| Land and buildings22 | - | €26,098 | €24,759 | €23,421 | €22,083 | ▼ 5.7% |
| Plant, machinery and equipment23 | €1,949 | €1,429 | €2,832 | €7,061 | €68 | ▼ 99.0% |
| Furniture and vehicles24 | €8,811 | €2,904 | €947 | €1,031 | €4,583 | ▲ 344% |
| Other tangible fixed assets26 | €10,636 | €8,463 | €6,290 | €4,193 | €2,097 | ▼ 50.0% |
| Financial fixed assets28 | - | €98,076 | €98,076 | €98,076 | €98,076 | = |
| Current assets29/58 | €168,677 | €86,038 | €117,348 | €161,856 | €219,093 | ▲ 35.4% |
| Amounts receivable after more than one year29 | €288 | €288 | €288 | - | - | - |
| Trade receivables290 | €288 | €288 | - | - | - | - |
| Other amounts receivable291 | - | - | €288 | - | - | - |
| Amounts receivable within one year40/41 | €121,453 | €28,581 | €92,349 | €114,482 | €135,678 | ▲ 18.5% |
| Trade receivables40 | €14,308 | €15,063 | €16,240 | €1,982 | €47,292 | ▲ 2,287% |
| Other amounts receivable41 | €107,145 | €13,518 | €76,109 | €112,501 | €88,386 | ▼ 21.4% |
| Cash at bank and in hand54/58 | €46,936 | €26,296 | €24,711 | €47,373 | €82,406 | ▲ 74.0% |
| Deferred charges and accrued income490/1 | - | €30,873 | - | - | €1,009 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190,074 | €223,007 | €250,252 | €295,639 | €345,998 | ▲ 17.0% |
| Equity10/15 | €140,786 | €182,726 | €196,192 | €240,455 | €198,053 | ▼ 17.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €9,096 | €9,096 | €9,096 | €9,096 | €191,853 | ▲ 2,009% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Tax-exempt reserves132 | €186 | €186 | €186 | €186 | €186 | = |
| Distributable reserves133 | €7,050 | €7,050 | €7,050 | €7,050 | €191,667 | ▲ 2,619% |
| Profit (loss) carried forward14 | €125,490 | €167,430 | €180,896 | €225,159 | - | - |
| Amounts payable17/49 | €49,288 | €40,281 | €54,060 | €55,184 | €147,945 | ▲ 168% |
| Amounts payable within one year42/48 | €49,288 | €40,281 | €54,060 | €55,184 | €147,945 | ▲ 168% |
| Trade debts44 | €5,751 | €9,782 | €9,486 | €3,687 | €3,712 | ▲ 0.7% |
| Suppliers440/4 | €5,751 | €9,782 | €9,486 | €3,687 | €3,712 | ▲ 0.7% |
| Taxes, remuneration and social security45 | €41,537 | €27,586 | €44,573 | €50,640 | €97,233 | ▲ 92.0% |
| Taxes450/3 | €39,702 | €27,586 | €44,573 | €50,640 | €97,233 | ▲ 92.0% |
| Remuneration and social security454/9 | €1,835 | - | - | - | - | - |
| Other amounts payable47/48 | €2,000 | €2,913 | - | €856 | €47,000 | ▲ 5,389% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,124 | €42,940 | €13,466 | €44,262 | €82,599 | ▲ 86.6% |
| + Depreciation and write-downs630 | €4,127 | €10,400 | €5,989 | €4,871 | €4,322 | ▼ 11.3% |
| Operating cash flow (approximation) | €52,251 | €53,340 | €19,455 | €49,134 | €86,921 | ▲ 76.9% |
| Investment in fixed assets (approximation) | - | -€125,973 | -€1,924 | -€5,750 | €2,555 | ▲ 144% |
| Change in cash | - | -€20,640 | -€1,586 | €22,663 | €35,033 | ▲ 54.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
31-12
Financial
Highest result since 2018net €82,599 ▲86.6%
Operating result €112,281, net result €82,599, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Equity above €200,000Eq €240,455 ▲22.6%
7 profitable years in a row build equity to €240,455.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Weakest financial yearnet €13,466 ▼68.6%
Net result drops to €13,466, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
Financial
Equity above €150,000Eq €182,726 ▲29.8%
5 profitable years in a row build equity to €182,726.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 165 days late
2021
31-12
Financial
Equity above €100,000Eq €140,786 ▲48.7%
4 profitable years in a row build equity to €140,786.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
Show earlier events
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
18-01
State Gazette act
General meeting · Director resignation
Director appointment · Board composition
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 72 days late
2015
05-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2014
05-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2013
15-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2012
Ground area
643 m²
Building footprint
111 m²
Volume, LiDAR
617 m³
Parcel 11008B0207/00Y003, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Strusima
since 20122.208.001.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008B0207/00Y003 | Flanders | 643 m² | 1 · 111 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 1,470 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0843432915
Also
9925:BE0843432915
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.