Studieburo Structural
ActiveStudieburo Structural has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-4k. Equity is shrinking by ~166.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
12
/ 100
Critical▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency40▲+9
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 1.17 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-27%
Return on assets
-61.4%
Age of the figures
8 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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
27 d late
2019
90 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-2k
2024 · €2k
2023: €5k
2024: €2k
2023 → 2025
Total assets
€6k▼ 39.2%
2024 · €10k
2023: €12k
2024: €10k
2023 → 2025
Net result
€-4k▼ 15.3%
2024 · €-3k
2023: €-13k
2024: €-3k
2023 → 2025
Working capital
€-2k
2024 · €1k
2023: €2k
2024: €1k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€5k-€2k▼ 60.7%€-2k
Operating result€-12k-€-3k▲ 74.6%€-4k▼ 15.4%
Net result€-13k-€-3k▲ 75.3%€-4k▼ 15.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€47▼ 93.6%
Current assets
€6k▼ 34.9%
Key figures and ratios
EBITDA
€-3k▼
2024 · €-719
Cash flow
€-3k▼
2024 · €-747
Solvency
-27.0%▼
2024 · 20.9%
Current ratio
0.78▼
2024 · 1.17
Quick ratio
0.78▼
2024 · 1.17
Debt / equity
-4.71▼
2024 · 3.78
ROE
227.7%▲
2024 · -154.7%
ROA
-61.4%▼
2024 · -32.4%
Interest coverage
-98.39▼
2024 · -25.22
Debt
€8k▼
2024 · €8k
Debt ≤ 1 year
€8k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€10k€6k▼
Fixed assets
21/28€724€47▼
Tangible fixed assets
22/27€724€47▼
Current assets
29/58€9k€6k▼
Amounts receivable within one year
40/41€3k€3k=
Cash & bank
54/58€6k€3k▼
Total equity & liabilities
10/49€10k€6k▼
Equity
10/15€2k€-2k▼
Contributions / capital
10/11€62k€62k=
Reserves
13€17k€17k=
Accumulated profits (losses)
14€-76k€-80k▼
Amounts payable
17/49€8k€8k▼
Amounts payable within one year
42/48€8k€8k▼
Trade debts payable within one year
44€3k€3k▼
Income statement
Code20242025
Gross operating margin
9900€-719€-2k▼
Operating result
9901€-3k€-4k▼
Financial charges
65€29€30▲
Result before taxes
9903€-3k€-4k▼
Net result for the period
9904€-3k€-4k▼
Result to be appropriated
9905€-3k€-4k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
NBB filing
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
P.A.G.
BE 0666.911.820
Asse · Eq €2k
LSTEC
BE 0650.920.577
Kruisem · Eq €2k
SMART HORIZON
BE 0753.946.257
Eghezée · Eq €2k
X-ECO plus
BE 0728.561.456
Mol · Eq €2k
HESBAYE INGENIEUR CONSEIL
BE 0728.843.944
Faimes · Eq €2k
Of 11,540 companies in sector 71121 we hold annual accounts for 6,401. 929 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-07-1978
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 15-07-2026. Scores and ratios are computed by Checked and are not a credit decision.