Skip to content

TEGELBEDRIJF STRUBBE

Active
Private limited companyfounded 2010active for 16 yearsFabriekweg(EER) 71, 8480 Ichtegem, BelgiumKBO/BCE: BE 0825.493.754
Summary

TEGELBEDRIJF STRUBBE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203,643 and a net result of €25,302, of which €35,492 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 30% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 27-04-2010 Normal situation
Activity
General construction of residential buildings NACE 41001and 5 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf · annual accounts 2024
Establishment unit
2.189.403.826 8480 Ichtegem, since 01-06-2010
Financial year end
31 December
Peppol
Reachable since 12-12-2025

Board and ownership

Board
  • MAES Els Denise GodelieveDirector
  • AX Projects BVDirector · permanent representative Alexander Strubbe
  • MXM Project BVDirector · permanent representative Maxime Strubbe
and 1 other

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€1.0m
▼ 9.3%
Turnover
≈ €1.8m
estimated
Profit
€25,302
▼ 60.5%
Equity
€203,643
▼ 41.5%
Total assets
€957,041
▼ 14.1%
Employees on 31-12-2025
17
▲ 6.3%
  • 2025 accounts filed 6 days after the deadline
Filed on 06-08-2026
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Size: 15.4 FTE, total assets €957,041lowers riskFounded in 2010Liquidity: current ratio 1.01, cash €173,345Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 46-10
equity 21.3% of total assets
Liquidity 34-1
short-term debt 71.0% · cash 18.1%
Profitability 62-9
return on assets 2.6%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.3 percentage points vs 06-2025 08-2025: 0.4%▼ -0.5 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -0.4 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.01 (1.26 in 2024), below the usual 1.5. Short-term debt is 71% and cash 18.1% of total assets. 78.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 35% of them on solvency, 39% on liquidity, 50% on profitability and 8% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 15.4 FTE, total assets €957,041
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.01, cash €173,345
NBB · annual accounts
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
31 days early
2023
22 days early
2022
17 days early
2021
34 days early
2020
3 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd largest employer in Ichtegem, Construction sectorin the Checked rankings No. 3 View
  • Caution: Equity fell in 2025from €348,141 to €203,643 ▼ 41.5% View

Recent changes

  1. · Gazette deed Resignations: Alexander Strubbe (director) and Maxime Strubbe (director)Appointments: AX Projects BV (director) and MXM Project BV (director) · Permanent representatives: Alexander Strubbe and Maxime Strubbe
  2. · Gazette deed Company renamed from ENERBUILD to TEGELBEDRIJFSTRUBBE
  3. · Gazette deed Demerger: ENERBUILD splits off to TEGELBEDRIJF STRUBBECapital increase to €67,732.11 · Appointments: MAES Els Denise Godelieve, STRUBBE Alexander Thomas and STRUBBE Maxime Thomas Roger
All 18 events

Comparable companies

These companies have the same main activity as TEGELBEDRIJF STRUBBE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €793,000 and €982,000, founded between 2007 and 2013.

CompanyTotal assetsGross margin
TEGELBEDRIJF STRUBBE Ichtegem€1.0m€1.0m
RRAMALIA Wanze€1.0m€0.9m
Veralu Install Antwerpen€1.0m€1.1m
CONSTRUCT -TIM Andenne€0.8m€1.0m
HOUSE & VOS REVES Lessines€0.9m€0.9m
G S CONSTRUCTION Rouvroy€0.8m€1.2m
Van den Bulcke Kruisem€1.0m€1.0m
Full comparison

Key facts about TEGELBEDRIJF STRUBBE

What is the company number of TEGELBEDRIJF STRUBBE?
The company number of TEGELBEDRIJF STRUBBE is 0825.493.754. The VAT number is the same number with BE in front: BE 0825.493.754.
Where is TEGELBEDRIJF STRUBBE based?
The registered office is at Fabriekweg(EER) 71, 8480 Ichtegem.Company details
What does TEGELBEDRIJF STRUBBE do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of TEGELBEDRIJF STRUBBE?
The legal form of TEGELBEDRIJF STRUBBE is Private limited company (BV).
When was TEGELBEDRIJF STRUBBE founded?
TEGELBEDRIJF STRUBBE was founded on 27-04-2010.
Is TEGELBEDRIJF STRUBBE still active?
Yes, TEGELBEDRIJF STRUBBE is an active enterprise in the KBO register.
How many employees does TEGELBEDRIJF STRUBBE have?
TEGELBEDRIJF STRUBBE had an average of 15.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TEGELBEDRIJF STRUBBE fall under?
In its 2024 annual accounts, TEGELBEDRIJF STRUBBE states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of TEGELBEDRIJF STRUBBE?
The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €1.0m and 1,586 comparable companies of the same size. It probably lies between €1.2m and €3.0m. It is a rough estimate.
Is TEGELBEDRIJF STRUBBE profitable?
In financial year 2025, TEGELBEDRIJF STRUBBE made a profit of €25,302.
Where can I find the annual accounts of TEGELBEDRIJF STRUBBE?
TEGELBEDRIJF STRUBBE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TEGELBEDRIJF STRUBBE due?
TEGELBEDRIJF STRUBBE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.