BOUWMATERIALEN SCHUTTERS
ActiveBOUWMATERIALEN SCHUTTERS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €440k and a net result of €-111k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 65% of 9037 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-26
Solvency84▲+7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.99 in 2023; short-term debt: 37.6% and cash: 9.3% of total assets), and 41.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.6%
Return on assets
-14.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-111k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
30 d late
2022
6 d early
2021
2 d early
2020
1 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-111k▼ 154%
2023 · €-44k
2018: €78k
2019: €46k
2020: €7k
2021: €28k
2022: €7k
2023: €-44k
2018 → 2024
Working capital
€346k▼ 25.0%
2023 · €461k
2018: €442k
2019: €498k
2020: €511k
2021: €531k
2022: €506k
2023: €461k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€559k-€587k▲ 5.0%€595k▲ 1.2%€551k▼ 7.3%€440k▼ 20.1%
Operating result€13k-€28k▲ 115%€2k▼ 93.2%€-26k€-105k▼ 303%
Net result€7k-€28k▲ 320%€7k▼ 74.1%€-44k€-111k▼ 154%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €105k in 2024 against €26k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €751k
Fixed assets
€123k▼ 11.1%
Current assets
€628k▼ 32.2%
Equity and liabilities €751k
Equity
€440k▼ 20.1%
Debt
€311k▼ 39.5%
The debt ratio falls from 48.3% to 41.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-89k▼
2023 · €20k
Cash flow
€-96k▼
2023 · €3k
Solvency
58.6%▲
2023 · 51.7%
Current ratio
2.23▲
2023 · 1.99
Quick ratio
1.97▲
2023 · 1.27
Debt / equity
0.71▼
2023 · 0.93
ROE
-25.2%▼
2023 · -7.9%
ROA
-14.8%▼
2023 · -4.1%
Interest coverage
-15.09▼
2023 · 1.45
Debt
€311k▼
2023 · €514k
Debt ≤ 1 year
€282k▼
2023 · €466k
Debt > 1 year
€29k▼
2023 · €49k
Income taxes
€424▼
2023 · €6k
Staff costs
€245k▲
2023 · €229k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.07M€751k▼
Fixed assets21/28€138k€123k▼
Tangible fixed assets22/27€126k€111k▼
Land and buildings22€55k€55k=
Leasing and similar rights25€45k€34k▼
Other tangible fixed assets26€27k€22k▼
Financial fixed assets28€12k€12k=
Current assets29/58€927k€628k▼
Stocks and contracts in progress3€334k€74k▼
Stocks30/36€334k€74k▼
Amounts receivable within one year40/41€457k€484k▲
Trade receivables40€450k€477k▲
Other amounts receivable41€6k€6k=
Cash at bank and in hand54/58€132k€70k▼
Deferred charges and accrued income490/1€5k€718▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€751k▼
Equity10/15€551k€440k▼
Contributions10/11€75k€75k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Profit (loss) carried forward14€468k€357k▼
Amounts payable17/49€514k€311k▼
Amounts payable after more than one year17€49k€29k▼
Financial debts170/4€49k€29k▼
Amounts payable within one year42/48€466k€282k▼
Current portion of amounts payable after more than one year42€58k€20k▼
Trade debts44€342k€100k▼
Suppliers440/4€342k€100k▼
Taxes, remuneration and social security45€66k€132k▲
Taxes450/3€19k€85k▲
Remuneration and social security454/9€47k€46k▼
Other amounts payable47/48€52€31k▲
Income statement
Code20232024
Remuneration, social security and pensions62€229k€245k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€15k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-15k-
Other operating charges640/8€3k€17k▲
Non-recurring operating charges66A€730-
Gross operating margin9900€238k€173k▼
Operating profit (loss)9901€-26k€-105k▼
Financial income75/76B€2k€219▼
Recurring financial income75€2k€219▼
Financial charges65/66B€14k€6k▼
Recurring financial charges65€14k€6k▼
Profit (loss) for the period before taxes9903€-38k€-111k▼
Income taxes67/77€6k€424▼
Profit (loss) for the period9904€-44k€-111k▼
Profit (loss) for the period to be appropriated9905€-44k€-111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€468k€357k▼
Profit (loss) brought forward from the previous period14P€512k€468k▼
Social balance
Average headcount (FTE)90875.55.5=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 88 days late
2024
31-12
Financial
Weakest financial yearnet €-111k
Net result drops to €-111k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Krugerstraat 167-1692660 AntwerpenGround area
936 m²
Building footprint
326 m²
Volume, LiDAR
2,735 m³
Parcel 11019B0061/00Z009, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BOUWMATERIALEN SCHUTTERS
since 19882.038.782.325
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0061/00Z009 | Flanders | 936 m² | 1 · 326 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DECOTRO - VAN DER HAUWAERT
BE 0460.537.192
Oudenaarde · Eq €440k
BORREMANS HUGO
BE 0463.284.668
Halle · Eq €438k
INTERFENSTER
BE 0420.158.567
Tongeren-Borgloon · Eq €443k
ALTAMIRA TEGELS
BE 0421.222.894
Boechout · Eq €444k
PCK Belgium
BE 0847.061.903
Durbuy · Eq €435k
Of 1,804 companies in sector 46831 we hold annual accounts for 1,398. 1,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-06-1988
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.