Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
STRACO PE from Waasmunster, company number BE1007578986, closed financial year 2025 with a result of € -4.8 million after tax. For that financial year STRACO PE recorded revenue of € 4.8 million and equity of € 555.8 million. Compared with financial year 2024, the result moved from € -32.9 million to € -4.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 555.8 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.8 million
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 488,105
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 452.2 million.
People and assets in 2025
5.7
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 677,278
▼ 22% vs 2024
€ 118,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 34,807
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▲ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 101 days on average.
€ 4.3 million
▲ € 4.1 million vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 6,251,055 | € 4,758,744 | ▼ 24% |
| Profit after taxes | € -32,941,049 | € -4,753,050 | ▲ € 28.2 million |
| Equity | € 572,583,000 | € 555,829,951 | ▼ 3% |
| Total debts | € 2,980,889 | € 16,512,224 | ▲ € 13.5 million |
| Cash | € 1,650,497 | € 488,105 | ▼ 70% |
| Retained profit | € 468,944,705 | € 452,191,655 | ▼ 4% |
| Dividend | € 0 | € 12,000,000 | |
| Balance sheet total | € 575,563,890 | € 572,342,175 | ▼ 1% |
| Employees (FTE) | 3.9 | 5.7 | ▲ 1.8 |
Key figures of STRACO PE, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to STRACO PE?
What happened at STRACO PE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- D.A.S.T BV stepped down as director. NBB
- Joachim Creus stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.8 million. Source: NBB ↗
- D.A.S.T BV became a director. NBB
- Joachim Creus became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
- Nicolas De Quinnemar became a director. NBB
In short
From € 32.9 million loss in 2024 to € 4.8 million loss in 2025.
Paid € 1 million in corporate taxes since 2024.
Paid out € 12 million in dividends to the owners in total.
Pays suppliers within 101 days on average.
Management
Behind STRACO PE are Nicolas De Quinnemar, Gino De Raedt, Frederica Verheyden, Ann De Raedt and Ticaconsult BV Besloten vennootschap. It owns 100% of Straco PE NL, 100% of Patigny, 100% of Cedo Group, 95.6% of Welten Group BV, 93.2% of Sequoia GM and 93% of Incendin Group itself.
Directors
According to the 2025 annual accounts
Nicolas De Quinnemar
Director
Also active at: PATIGNY, CINQO, FORUM JOBS, INCENDIN, ATHMOS CAPITAL, STRACO REAL ESTATE, ForPar, 3SAG +16 more
since 2024
since 2024
since 2024
Ann De Raedt
Director
Also active at: NEDCO, Verheyden, F.I.M., CINQO, HET SWYN ofte OUDE HAVEN, SOCIETE DE GERANCE DE ROMEREE BUYS & CO, STRACO REAL ESTATE, G&P VENTURE, SEQUOIA GM +8 more
since 2024
Ticaconsult BV Besloten vennootschap
Director · represented by Erik Van Den Eynden
Also active at: NEDCO, Immo V.V.L. Leuven, IMMOCOR, GILBO, LES FOUGERES, IMMOGRADA, HANSIMMO, ODEBRECHT +16 more
since 2024
Director · represented by Willem Dejonghe
Also active at: RECTICEL, MIDELCO, ORSI ACADEMY, WESTVLEES GROUP, MARIGOLD Developments, STRACO RE, STRACO INVESTMENTS, Hazel Topco
since 2025 · until 2028
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Fazantenlaan 20
9250 Waasmunster
Kortrijksesteenweg 157
9830 Sint-Martens-Latem
Active since 27 March 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1007.578.986
- VAT number
- BE 1007.578.986
- Registered office
- Fazantenlaan 20, 9250 Waasmunster
- Names & denominations
- STRACO PE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2024
- Peppol
- Active · Active since 24 Oct 2024
- Activities · NACE
Activiteiten van holdings
Holdings
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