Financials
Financial year 2025
STRUBBE TRANSPORT from Oostende, company number BE0437723584, closed financial year 2025 with a result of € 126,018 after tax. For that financial year STRUBBE TRANSPORT recorded a gross margin of € 345,864 and equity of € 580,766. Compared with financial year 2024, the result moved from € 175,465 to € 126,018. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.
€ 580,766
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 126,018
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 212,903
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 77,764 paid out
62 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 99,585
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 132,924
▼ 24% vs 2024
Of which on lease € 95,541.
Debts at end 2025
€ 275,914
▼ 34% vs 2024
€ 101,983 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 34,252
▲ € 27,718 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,598
▼ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 307,832 | € 291,134 | € 439,799 | € 345,864 | ▼ 21% |
| Profit after taxes | € 70,549 | € 49,847 | € 175,465 | € 126,018 | ▼ 28% |
| Equity | € 340,991 | € 377,737 | € 532,513 | € 580,766 | ▲ 9% |
| Total debts | € 308,902 | € 599,775 | € 481,710 | € 325,583 | ▼ 32% |
| Cash | € 354,859 | € 225,029 | € 169,768 | € 212,903 | ▲ 25% |
| Land & buildings | € 119,908 | € 360,573 | € 408,743 | € 393,107 | ▼ 4% |
| Retained profit | € 334,794 | € 371,539 | € 526,315 | € 574,569 | ▲ 9% |
| Dividend | € 16,736 | € 13,101 | € 20,689 | € 77,764 | ▲ 276% |
| Bank debt | € 275,074 | € 358,794 | € 417,676 | € 275,914 | ▼ 34% |
| Balance sheet total | € 649,893 | € 977,511 | € 1,014,222 | € 906,349 | ▼ 11% |
Key figures of STRUBBE TRANSPORT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to STRUBBE TRANSPORT?
What happened at STRUBBE TRANSPORT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 126,018 (▼ 28% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,549 profit in 2022 to € 126,018 profit in 2025.
Paid € 156,590 in corporate taxes since 2022.
Best year ever: 2024, with € 175,465 profit.
Paid out € 128,291 in dividends to the owners in total.
Management
Behind STRUBBE TRANSPORT are Kristof Strubbe, Willy Strubbe and Marisa Declercq.
Directors
According to the 2025 annual accounts
Kristof Strubbe
Director
Willy Strubbe
Director
Marisa Declercq
Director
Establishments
Establishment units
Physical locations of this company
Edward Vlietinckstraat 29
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.723.584
- VAT number
- BE 0437.723.584
- Registered office
- Edward Vlietinckstraat 29, 8400 Oostende
- Names & denominations
- STRUBBE TRANSPORT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1989
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
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