STRUYF
ActiveSummary
STRUYF has been active since 1951 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.53M and a net result of €220k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 49% of 70 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-9
Solvency70▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.49 in 2024; short-term debt: 47% and cash: 8.3% of total assets), but 55.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Manufacture of basic metals (NACE 24)
about 47% 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
44.6%
Return on assets
2.8%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €3.53M
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
28 d late
2021
8 d late
2020
1 d late
2019
10 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.53M▲ 6.7%
2024 · €3.31M
2020: €3.19M
2021: €3.22M▲ +1.0% vs 2020
2022: €3.00M▼ -6.8% vs 2021
2023: €2.98M▼ -0.6% vs 2022lowest in 6 years
2024: €3.31M▲ +10.9% vs 2023
2025: €3.53M▲ +6.7% vs 2024highest in 6 years
2020 → 2025
Total assets
€7.91M▼ 10.0%
2024 · €8.79M
2020: €7.27M
2021: €6.71M▼ -7.7% vs 2020
2022: €6.55M▼ -2.5% vs 2021lowest in 6 years
2023: €8.19M▲ +25.0% vs 2022
2024: €8.79M▲ +7.4% vs 2023highest in 6 years
2025: €7.91M▼ -10.0% vs 2024
2020 → 2025
Net result
€220k▼ 32.3%
2024 · €325k
2020: €-13k
2021: €30k▲ +327% vs 2020
2022: €-219k▼ -821% vs 2021lowest in 6 years
2023: €-17k▲ +92.3% vs 2022
2024: €325k▲ +2026% vs 2023highest in 6 years
2025: €220k▼ -32.3% vs 2024
2020 → 2025
Working capital
€2.59M▲ 7.5%
2024 · €2.41M
2020: €2.20M
2021: €2.36M▲ +7.1% vs 2020
2022: €2.14M▼ -9.6% vs 2021lowest in 6 years
2023: €2.14M▲ +0.1% vs 2022
2024: €2.41M▲ +13.0% vs 2023
2025: €2.59M▲ +7.5% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.22M-€3.00M▼ 6.8%€2.98M▼ 0.6%€3.31M▲ 10.9%€3.53M▲ 6.7%
2021: €3.22M
2022: €3.00M▼ -6.8% vs 2021
2023: €2.98M▼ -0.6% vs 2022lowest in 5 years
2024: €3.31M▲ +10.9% vs 2023
2025: €3.53M▲ +6.7% vs 2024highest in 5 years
Operating result€26k-€-154k€17k€352k▲ 1,932%€270k▼ 23.4%
2021: €26k
2022: €-154k▼ -696% vs 2021lowest in 5 years
2023: €17k▲ +111% vs 2022
2024: €352k▲ +1932% vs 2023highest in 5 years
2025: €270k▼ -23.4% vs 2024
Net result€30k-€-219k€-17k▲ 92.3%€325k€220k▼ 32.3%
2021: €30k
2022: €-219k▼ -821% vs 2021lowest in 5 years
2023: €-17k▲ +92.3% vs 2022
2024: €325k▲ +2026% vs 2023highest in 5 years
2025: €220k▼ -32.3% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.91M
Fixed assets
€1.60M ▲ 13.7%
Current assets
€6.32M ▼ 14.5%
Equity and liabilities €7.91M
Equity
€3.53M ▲ 6.7%
Provisions
€0 ▼ 100%
Debt
€4.38M ▼ 19.2%
Debt's share of the balance-sheet total falls from 61.7% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€516k▼
2024 · €565k
Cash flow
€466k▼
2024 · €538k
Current ratio
1.70▲
2024 · 1.49
Quick ratio
1.01▲
2024 · 0.82
Debt to equity
1.24▼
2024 · 1.64
ROE
6.2%▼
2024 · 9.8%
ROA
2.8%▼
2024 · 3.7%
Interest coverage
4.99▼
2024 · 6.70
Debt ≤ 1 year
€3.72M▼
2024 · €4.97M
Debt > 1 year
€563k▲
2024 · €364k
Income taxes
€33k▲
2024 · €-19k
Staff costs
€1.89M▲
2024 · €1.78M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.79M€7.91M▼
Fixed assets21/28€1.41M€1.60M▲
Tangible fixed assets22/27€1.38M€1.57M▲
Land and buildings22€725k€957k▲
Plant, machinery and equipment23€230k€175k▼
Furniture and vehicles24€32k€21k▼
Leasing and similar rights25€388k€414k▲
Financial fixed assets28€31k€31k=
Current assets29/58€7.38M€6.32M▼
Stocks and contracts in progress3€3.28M€2.56M▼
Stocks30/36€687k€717k▲
Contracts in progress37€2.60M€1.84M▼
Amounts receivable within one year40/41€2.71M€1.92M▼
Trade receivables40€2.48M€1.68M▼
Other amounts receivable41€230k€240k▲
Current investments50/53€1.07M€1.15M▲
Cash at bank and in hand54/58€262k€653k▲
Deferred charges and accrued income490/1€56k€38k▼
Equity and liabilities
Total equity and liabilities10/49€8.79M€7.91M▼
Equity10/15€3.31M€3.53M▲
Contributions10/11€375k€375k=
Capital10€375k€375k=
Issued capital100€375k€375k=
Revaluation surpluses12€280k€280k=
Reserves13€2.65M€2.87M▲
Non-distributable reserves130/1€91k€91k=
Legal reserve130€91k€91k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€2.56M€2.78M▲
Provisions and deferred taxes16€55k€0▼
Provisions for liabilities and charges160/5€55k€0▼
Other liabilities and charges164/5€55k€0▼
Amounts payable17/49€5.43M€4.38M▼
Amounts payable after more than one year17€364k€563k▲
Financial debts170/4€349k€548k▲
Other amounts payable178/9€15k€15k=
Amounts payable within one year42/48€4.97M€3.72M▼
Current portion of amounts payable after more than one year42€134k€203k▲
Financial debts43€557k€695k▲
Credit institutions430/8€557k€695k▲
Trade debts44€1.22M€1.16M▼
Suppliers440/4€1.22M€1.16M▼
Advances received on contracts in progress46€2.50M€1.32M▼
Taxes, remuneration and social security45€559k€335k▼
Taxes450/3€317k€77k▼
Remuneration and social security454/9€242k€258k▲
Other amounts payable47/48€5k€7k▲
Accrued charges and deferred income492/3€93k€101k▲
Income statement
Code20242025
Non-recurring operating income76A€9k€0▼
Remuneration, social security and pensions62€1.78M€1.89M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213k€246k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-95k€-55k▲
Other operating charges640/8€63k€57k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€2.31M€2.40M▲
Operating profit (loss)9901€352k€270k▼
Financial income75/76B€38k€87k▲
Recurring financial income75€38k€87k▲
Financial charges65/66B€84k€103k▲
Recurring financial charges65€84k€103k▲
Profit (loss) for the period before taxes9903€306k€254k▼
Income taxes67/77€-19k€33k▲
Profit (loss) for the period9904€325k€220k▼
Profit (loss) for the period to be appropriated9905€325k€220k▼
Appropriation of the result
Profit (loss) to be appropriated9906€325k€220k▼
Transfer from equity791/2€0-
Transfer to equity691/2€325k€220k▼
To other reserves6921€325k€220k▼
Social balance
Average headcount (FTE)908724.725.4▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €26k | €10k | €9k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €1.54M | €1.59M | €1.78M | €1.89M | ▲ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €271k | €276k | €243k | €213k | €246k | ▲ 15.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-45k | €0 | €-95k | €-55k | ▲ 42.1% |
| Other operating charges640/8 | - | €33k | €52k | €63k | €57k | ▼ 9.4% |
| Non-recurring operating charges66A | - | - | €9k | €0 | - | - |
| Gross operating margin9900 | €1.98M | €1.65M | €1.91M | €2.31M | €2.40M | ▲ 3.9% |
| Operating profit (loss)9901 | €26k | €-154k | €17k | €352k | €270k | ▼ 23.4% |
| Financial income75/76B | - | €26k | €23k | €38k | €87k | ▲ 128% |
| Recurring financial income75 | €76k | €26k | €23k | €38k | €87k | ▲ 128% |
| Financial charges65/66B | - | €90k | €56k | €84k | €103k | ▲ 22.5% |
| Recurring financial charges65 | €70k | €90k | €56k | €84k | €103k | ▲ 22.5% |
| Profit (loss) for the period before taxes9903 | €32k | €-217k | €-15k | €306k | €254k | ▼ 17.2% |
| Income taxes67/77 | €2k | €1k | €1k | €-19k | €33k | ▲ 274% |
| Profit (loss) for the period9904 | €30k | €-219k | €-17k | €325k | €220k | ▼ 32.3% |
| Profit (loss) for the period to be appropriated9905 | €30k | €-219k | €-17k | €325k | €220k | ▼ 32.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.71M | €6.55M | €8.19M | €8.79M | €7.91M | ▼ 10.0% |
| Fixed assets21/28 | €1.94M | €1.78M | €1.60M | €1.41M | €1.60M | ▲ 13.7% |
| Tangible fixed assets22/27 | €1.91M | €1.75M | €1.57M | €1.38M | €1.57M | ▲ 14.0% |
| Land and buildings22 | - | €720k | €757k | €725k | €957k | ▲ 32.0% |
| Plant, machinery and equipment23 | - | €340k | €278k | €230k | €175k | ▼ 24.1% |
| Furniture and vehicles24 | - | €83k | €43k | €32k | €21k | ▼ 33.1% |
| Leasing and similar rights25 | - | €604k | €496k | €388k | €414k | ▲ 6.7% |
| Financial fixed assets28 | €31k | €31k | €31k | €31k | €31k | = |
| Current assets29/58 | €4.77M | €4.77M | €6.58M | €7.38M | €6.32M | ▼ 14.5% |
| Stocks and contracts in progress3 | €581k | €1.45M | €3.01M | €3.28M | €2.56M | ▼ 22.2% |
| Stocks30/36 | - | €660k | €691k | €687k | €717k | ▲ 4.3% |
| Contracts in progress37 | - | €792k | €2.32M | €2.60M | €1.84M | ▼ 29.1% |
| Amounts receivable within one year40/41 | €1.65M | €1.72M | €2.40M | €2.71M | €1.92M | ▼ 29.4% |
| Trade receivables40 | - | €1.70M | €2.24M | €2.48M | €1.68M | ▼ 32.5% |
| Other amounts receivable41 | - | €29k | €157k | €230k | €240k | ▲ 4.2% |
| Current investments50/53 | €666k | €903k | €1.01M | €1.07M | €1.15M | ▲ 7.6% |
| Cash at bank and in hand54/58 | €498k | €608k | €112k | €262k | €653k | ▲ 149% |
| Deferred charges and accrued income490/1 | - | €81k | €51k | €56k | €38k | ▼ 32.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.71M | €6.55M | €8.19M | €8.79M | €7.91M | ▼ 10.0% |
| Equity10/15 | €3.22M | €3.00M | €2.98M | €3.31M | €3.53M | ▲ 6.7% |
| Contributions10/11 | €375k | €375k | €375k | €375k | €375k | = |
| Capital10 | - | €375k | €375k | €375k | €375k | = |
| Issued capital100 | - | €375k | €375k | €375k | €375k | = |
| Revaluation surpluses12 | - | €280k | €280k | €280k | €280k | = |
| Reserves13 | €2.47M | €2.34M | €2.33M | €2.65M | €2.87M | ▲ 8.3% |
| Non-distributable reserves130/1 | - | €91k | €91k | €91k | €91k | = |
| Legal reserve130 | - | €91k | €91k | €91k | €91k | = |
| Tax-exempt reserves132 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €2.25M | €2.23M | €2.56M | €2.78M | ▲ 8.6% |
| Profit (loss) carried forward14 | €89k | €0 | - | - | - | - |
| Provisions and deferred taxes16 | €195k | €150k | €150k | €55k | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | €150k | €150k | €55k | €0 | ▼ 100% |
| Other liabilities and charges164/5 | - | €150k | €150k | €55k | €0 | ▼ 100% |
| Amounts payable17/49 | €3.30M | €3.40M | €5.05M | €5.43M | €4.38M | ▼ 19.2% |
| Amounts payable after more than one year17 | €760k | €662k | €497k | €364k | €563k | ▲ 54.9% |
| Financial debts170/4 | - | €647k | €482k | €349k | €548k | ▲ 57.3% |
| Other amounts payable178/9 | - | €15k | €15k | €15k | €15k | = |
| Amounts payable within one year42/48 | €2.41M | €2.63M | €4.44M | €4.97M | €3.72M | ▼ 25.1% |
| Current portion of amounts payable after more than one year42 | - | €287k | €165k | €134k | €203k | ▲ 51.7% |
| Financial debts43 | - | €525k | €886k | €557k | €695k | ▲ 24.8% |
| Credit institutions430/8 | - | €525k | €886k | €557k | €695k | ▲ 24.8% |
| Trade debts44 | €344k | €918k | €1.46M | €1.22M | €1.16M | ▼ 4.3% |
| Suppliers440/4 | - | €918k | €1.46M | €1.22M | €1.16M | ▼ 4.3% |
| Advances received on contracts in progress46 | - | €582k | €1.61M | €2.50M | €1.32M | ▼ 47.3% |
| Taxes, remuneration and social security45 | - | €318k | €320k | €559k | €335k | ▼ 40.1% |
| Taxes450/3 | - | €116k | €118k | €317k | €77k | ▼ 75.9% |
| Remuneration and social security454/9 | - | €202k | €202k | €242k | €258k | ▲ 6.9% |
| Other amounts payable47/48 | - | €2k | €1k | €5k | €7k | ▲ 50.9% |
| Accrued charges and deferred income492/3 | - | €101k | €112k | €93k | €101k | ▲ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €-219k | €-17k | €325k | €220k | ▼ 32.3% |
| + Depreciation and write-downs630 | €271k | €276k | €243k | €213k | €246k | ▲ 15.5% |
| Operating cash flow (approximation) | €302k | €57k | €226k | €538k | €466k | ▼ 13.4% |
| Investment in fixed assets (approximation) | - | €-114k | €-70k | €-14k | €-438k | ▼ 3,075% |
| Change in cash | - | €110k | €-496k | €151k | €391k | ▲ 160% |
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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €325k
Net result €325k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €-219k
Net result drops to €-219k, the lowest in the series; recovery starts the following year.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
30-06
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 95 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Ranst · 1 establishment unit since 1951
Ground area
1.3 ha
Building footprint
5,587 m²
Volume, LiDAR
51,518 m³
Parcel 11031C0390/00A000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ter Stratenweg 22, 2520 Ranst
since 19512.039.451.031
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0390/00A000 | Flanders | 1.3 ha | 1 · 5,587 m² | 12.0 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 5,151 EUR awarded · 5,151 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,488 EUR |
| 2024 | 1 | 2,488 EUR | 0 EUR |
| 2022 | 1 | 2,663 EUR | 2,663 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
9676008MRVXG6FGG0Q33
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Of 191 companies in sector 24100 we hold annual accounts for 134. 71 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-03-1951
Fiscal year end30-06
Activities, NACEBEL 2025
24100Manufacture of basic metals
25220Manufacture of fabricated metal products, except machinery and equipment
Scores and ratios are computed by Checked and are not a credit decision.