With the publication of our 2025 annual report, we look back on a good year with a positive result. EBITDA rose to over EUR 94.6 million (2024: EUR 93.8 million) and the EBITDA margin increased from 5.9% in 2024 to 6.4% in 2025. Revenue showed a slight decline to EUR 1.5 billion compared to 2024 (EUR 1.6 billion), mainly due to the sale of non‑strategic business units. Solvency improved from 10.8% in 2024 to 13.9% in 2025, keeping us on track toward our target of 20%. With a strong order book of EUR 3.74 billion (2024: EUR 3.28 billion), we closed the financial year positively.
Strukton continues to invest in safety and health. In 2025, we made important progress in strengthening our safety culture, with more uniformity in reporting, greater focus on prevention, and a clear shared standard for safe working. This is embedded across the group in the 24‑Safe policy. In Belgium and Italy, both the number of lost‑time injuries (LTI) and the LTI ratio declined.
“For Strukton, 2025 was a constructive year and the beginning of a new phase. In 2025, we laid the foundation for a new five‑year strategy focused on profitable growth, which we have now confidently begun implementing in 2026. Strukton has taken important steps in recent years to strengthen calm, stability, and trust. This has created a solid starting position for sustainable growth, consistent performance, and value creation.” Lieve Declercq, CEO of Strukton Group
Strukton aims to contribute to the safety, quality, and sustainability of rail, energy, and road infrastructure today, tomorrow, and in the future. As a company of Dutch origin, we want to play a crucial role in helping realise the European ambitions for rail growth. The new strategy for 2026–2030 is built on four strategic pillars: People, Equipment & Machinery, Digitalisation, and Market.
“With the strong foundation we established in 2025 and our new strategy, we are embarking on a new path of robust and ambitious growth in our European home markets. We expect to strengthen our profitability and focus on organic growth and expansion of our service offering. The stability we now have allows us to look ahead and fully focus on our people, our projects, and our clients.” Lieve Declercq
At the end of 2025, Strukton completed three acquisitions. In Italy, we strengthened our rail activities by acquiring CO.RAC.FER S.r.l.; in Belgium, the rail company E. De Vuyst N.V. was acquired; and in the Netherlands, we increased our share in Eurailscout Inspection & Analysis B.V. from 50% to 100%.
Lieve Declercq concludes:
“We thank our employees for the craftsmanship, passion, and dedication they have shown. We also thank our clients, suppliers, and other stakeholders for their cooperation and trust.”
