MORATORIUM (JUDICIAL REORGANISATION)

STRASAL

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Financial year 2025 · closed on 30/09/2025

Net result

-27,3 k €

+96.3% YoY

Gross margin

1,4 M €

-67.9% YoY

Equity

-1,4 M €

-1.9% YoY

Workforce

21,8 ETP

-69.4% YoY

Company — Moratorium (judicial reorganisation).

What does STRASAL do?

STRASAL is a Private limited company incorporated in 1983. Its main activity is: Treatment and disposal of non-hazardous waste. Its registered office is in Fleurus. It employs on average 21,8 ETP workers (FTE).

Legal situation

● Moratorium (judicial reorganisation)

BCE/KBO no. / VAT

BE 0423.968.885

Incorporation

01/09/1983

Legal form

Private limited company

Registered office

Avenue de Spirou(FL) 32
6220 Fleurus · WallonieSee on map

Contributed capital

1 012 059,00 €

Latest accounts

30/09/2025

Average workforce

21,8 ETP

Activities (NACE)

38210Treatment and disposal of non-hazardous waste· main 38322Recovery of sorted materials 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.

Joint committees (3)

Signals

Positive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	-67.9%	4,5 M €	+23.5%	3,7 M €	+231%	1,1 M €	+12.8%	979,4 k €	+7.1%	914,4 k €	-39.1%	1,5 M €	+24.1%	1,2 M €	-13.5%	1,4 M €	+74.5%	802,5 k €	+3.9%	772,5 k €	+1272%	56,3 k €	-0.6%	56,6 k €	-66.3%	167,8 k €	-14.3%	195,9 k €	-12.6%	224,1 k €	-12.1%	255,1 k €	+50.2%	169,8 k €	-21.8%	217,1 k €
EBITDA	35,5 k €	-57.8%	84,1 k €	-42.2%	145,7 k €	+318%	34,9 k €	+351%	7,7 k €	-47.1%	14,6 k €	-97.0%	491,7 k €	+66.0%	296,2 k €	+94.4%	152,4 k €	+55.1%	98,2 k €	-11.4%	110,9 k €	+98.2%	56 k €	+0.4%	55,8 k €	-56.4%	128 k €	-33.4%	192,3 k €	-3.7%	199,7 k €	-22.0%	256,1 k €	+54.3%	165,9 k €	-10.5%	185,5 k €
Operating result	35,5 k €	+138%	-94,5 k €	-165%	145,7 k €	+318%	34,9 k €	+351%	7,7 k €	-47.1%	14,6 k €	-93.1%	211 k €	-28.2%	294 k €	+110%	139,9 k €	+93.9%	72,1 k €	+309%	-34,6 k €	-150%	68,9 k €	+143%	28,4 k €	-72.5%	103,3 k €	-23.7%	135,3 k €	-27.0%	185,4 k €	-23.4%	242,1 k €	+59.3%	152 k €	-13.4%	175,5 k €
Net result	-27,3 k €	+96.3%	-731,9 k €	-1521%	51,5 k €	+1709%	2,8 k €	+113%	-21,8 k €	-93.6%	-11,3 k €	-109%	122 k €	-36.6%	192,4 k €	+540%	-43,7 k €	+30.2%	-62,6 k €	+72.0%	-223,9 k €	-50432%	-443 €	+98.1%	-23,7 k €	-217%	20,2 k €	+293%	5,1 k €	-60.2%	12,9 k €	-90.3%	132,6 k €	+143%	54,5 k €	-29.4%	77,2 k €
Balance sheet
Equity	-1,4 M €	-1.9%	-1,4 M €	-108%	-674,6 k €	+7.1%	-726,1 k €	+0.4%	-729 k €	-3.1%	-707,1 k €	-1.6%	-695,9 k €	+14.9%	-817,9 k €	+18.8%	-1 M €	-4.5%	-963,8 k €	-6.9%	-901,2 k €	-33.0%	-677,3 k €	-0.1%	-676,9 k €	-3.6%	-653,2 k €	+3.0%	-673,4 k €	+0.8%	-678,5 k €	+1.9%	-691,4 k €	+16.1%	-824 k €	+6.2%	-878,5 k €
Total assets	66,2 k €	-85.8%	465,6 k €	-66.5%	1,4 M €	+71.7%	808,3 k €	-11.2%	910,3 k €	+19.8%	760,1 k €	-27.3%	1 M €	+6.5%	981,2 k €	-51.7%	2 M €	+156%	793,7 k €	+10.4%	719,2 k €	+82.6%	393,8 k €	-0.4%	395,3 k €	+87.5%	210,8 k €	-80.4%	1,1 M €	-21.1%	1,4 M €	-53.2%	2,9 M €	+174%	1,1 M €	-0.2%	1,1 M €
Cash	39,7 k €	+331%	9,2 k €	-88.6%	81,1 k €	-43.2%	142,9 k €	+11915%	1,2 k €	+46.1%	814 €	-37.1%	1,3 k €	-97.6%	53 k €	+986%	4,9 k €	+5917%	81 €	-98.5%	5,5 k €	+8.6%	5,1 k €	-63.0%	13,7 k €	+149%	5,5 k €	-96.0%	137,7 k €	+150%	55,1 k €	-76.2%	231,4 k €	+1057%	20 k €	-81.3%	107,1 k €
Debts	1,5 M €	-19.3%	1,9 M €	-9.1%	2 M €	+33.3%	1,5 M €	-6.3%	1,6 M €	+11.7%	1,5 M €	-15.7%	1,7 M €	-3.2%	1,8 M €	-40.8%	3 M €	+72.7%	1,8 M €	+8.4%	1,6 M €	+54.7%	1 M €	+0.0%	1 M €	+23.1%	851 k €	-49.5%	1,7 M €	-14.1%	2 M €	-45.5%	3,6 M €	+105%	1,8 M €	-9.7%	1,9 M €
Other
Workforce	21,8 ETP	-69.4%	71,2 ETP	+19.1%	59,8 ETP	+220%	18,7 ETP	+3.9%	18,0 ETP	+5.9%	17,0 ETP	-5.6%	18,0 ETP	+12.5%	16,0 ETP	+20.3%	13,3 ETP	+8.1%	12,3 ETP	+2.5%	12,0 ETP		–		–		–		–		0,1 ETP		–		1,0 ETP	+11.1%	0,9 ETP

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 12 ended

Active mandates

TWO.P.MANAGEMENT

Director · since 20 décembre 2023 · 0864.180.027

Represented by JOSEPH STRAZZANTE

Active

Ended mandates

ELESA

Manager · since 05 février 2015 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

ELESA

Director · since 05 février 2015 · until 01 août 2023 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

ELESA

Director · since 05 février 2015 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

ELESA

Manager · since 05 février 2015 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/04/2026	28/05/2025	28/06/2024	03/10/2023	31/05/2022	27/05/2021
General meeting	12/03/2026	13/03/2025	14/03/2024	09/03/2023	10/03/2022	11/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	12/03/2026	29/04/2026	French	PDF
Abridged model	30/09/2024	13/03/2025	28/05/2025	French	PDF
Abridged model	30/09/2023	14/03/2024	28/06/2024	French	PDF
Abridged model	30/09/2022	09/03/2023	03/10/2023	French	PDF
Abridged model	30/09/2021	10/03/2022	31/05/2022	French	PDF
Abridged model	30/09/2020	11/03/2021	27/05/2021	French	PDF
Abridged model	30/09/2019	12/03/2020	29/05/2020	French	PDF
Abridged model	30/09/2018	14/03/2019	26/02/2020	French	PDF
Abridged modelCorrection	30/09/2017	08/03/2018	17/05/2019	French	PDF
Abridged model	30/09/2017	08/03/2018	04/06/2018	French	PDF
Abridged model	31/12/2015	29/08/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	28/09/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	28/12/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	20/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	29/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	14/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	27/09/2007	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 12 ended

Active mandates

TWO.P.MANAGEMENT

Director · since 20 décembre 2023 · 0864.180.027

Represented by JOSEPH STRAZZANTE

Active

Ended mandates

ELESA

Manager · since 05 février 2015 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

ELESA

Director · since 05 février 2015 · until 01 août 2023 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

ELESA

Director · since 05 février 2015 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

ELESA

Manager · since 05 février 2015 · 0542.441.222

Represented by LUCIANO SALVADOR

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/02/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates23/11/2023
DEMISSIONS, NOMINATIONS
PDF
Other08/03/2017
ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/06/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office13/08/2013
SIEGE SOCIAL
PDF
Mandates29/06/2012
DEMISSIONS, NOMINATIONS
PDF
Registered office22/05/2009
SIEGE SOCIAL
PDF
Registered office24/04/2008
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-27,3 k €↑
2024
Annual accounts 2024-731,9 k €↓
2023
Annual accounts 202351,5 k €↑
2022
Annual accounts 20222,8 k €↑
2021
Annual accounts 2021-21,8 k €↓
2020
Annual accounts 2020-11,3 k €↓
2019
Annual accounts 2019122 k €↓
2018
Annual accounts 2018192,4 k €↑
2017
Annual accounts 2017-43,7 k €↑
2015
Annual accounts 2015-62,6 k €↑
2014
Annual accounts 2014-223,9 k €↓
2013
Annual accounts 2013-443 €↑
2012
Annual accounts 2012-23,7 k €↓
2011
Annual accounts 201120,2 k €↑
2010
Annual accounts 20105,1 k €↓
2009
Annual accounts 200912,9 k €↓
2008
Annual accounts 2008132,6 k €↑
2007
Annual accounts 200754,5 k €↓
2006
Annual accounts 200677,2 k €
01/09/1983
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

STRASAL

Overview

What does STRASAL do?

Trend over 19 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline