DE SCHANSHOEVE
ActiveSummary
DE SCHANSHOEVE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.10M and a net result of €213k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-10
Solvency92▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.81 in 2024; short-term debt: 25.5% and cash: 4.7% of total assets), and 33.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.9%
Return on assets
12.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 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
26 d late
2024
3 d early
2023
28 d early
2022
3 d late
2021
18 d late
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.10M▲ 23.7%
2024 · €892k
2019: €569k
2020: €783k
2021: €637k
2022: €504k
2023: €800k
2024: €892k
2019 → 2025
Total assets
€1.65M▲ 13.5%
2024 · €1.45M
2019: €1.77M
2020: €1.71M
2021: €1.44M
2022: €1.48M
2023: €1.39M
2024: €1.45M
2019 → 2025
Net result
€213k▼ 30.0%
2024 · €304k
2019: €72k
2020: €220k
2021: €-142k
2022: €-131k
2023: €298k
2024: €304k
2019 → 2025
Working capital
€392k▲ 42.2%
2024 · €275k
2019: €42k
2020: €249k
2021: €228k
2022: €141k
2023: €468k
2024: €275k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€637k-€504k▼ 20.8%€800k▲ 58.7%€892k▲ 11.4%€1.10M▲ 23.7%
Operating result€-141k-€-132k▲ 6.2%€323k€428k▲ 32.3%€320k▼ 25.3%
Net result€-142k-€-131k▲ 7.5%€298k€304k▲ 1.9%€213k▼ 30.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.65M
Fixed assets
€836k =
Current assets
€812k ▲ 31.8%
Equity and liabilities €1.65M
Equity
€1.10M ▲ 23.7%
Provisions
€1k ▼ 5.9%
Debt
€544k ▼ 2.7%
Debt's share of the balance-sheet total falls from 38.5% to 33.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€499k▼
2024 · €571k
Cash flow
€393k▼
2024 · €447k
Current ratio
1.93▲
2024 · 1.81
Quick ratio
0.31▼
2024 · 0.32
Debt to equity
0.49▼
2024 · 0.63
ROE
19.3%▼
2024 · 34.1%
ROA
12.9%▼
2024 · 20.9%
Interest coverage
33.82▲
2024 · 23.25
Debt ≤ 1 year
€420k▲
2024 · €341k
Debt > 1 year
€122k▼
2024 · €216k
Income taxes
€97k▼
2024 · €112k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.45M€1.65M▲
Fixed assets21/28€836k€836k=
Intangible fixed assets21€455€126▼
Tangible fixed assets22/27€835k€835k=
Land and buildings22€508k€412k▼
Plant, machinery and equipment23€54k€133k▲
Furniture and vehicles24€273k€290k▲
Financial fixed assets28€198€198=
Current assets29/58€616k€812k▲
Stocks and contracts in progress3€506k€680k▲
Stocks30/36€506k€680k▲
Amounts receivable within one year40/41€80k€40k▼
Trade receivables40€17k€17k▼
Other amounts receivable41€62k€23k▼
Current investments50/53€4k€5k▲
Cash at bank and in hand54/58€17k€78k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.65M▲
Equity10/15€892k€1.10M▲
Contributions10/11€175k€175k=
Reserves13€707k€918k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€160k€160k=
Distributable reserves133€547k€758k▲
Profit (loss) carried forward14€0€0=
Investment grants15€10k€10k▲
Provisions and deferred taxes16€1k€1k▼
Deferred taxes168€1k€1k▼
Amounts payable17/49€559k€544k▼
Amounts payable after more than one year17€216k€122k▼
Financial debts170/4€216k€122k▼
Amounts payable within one year42/48€341k€420k▲
Current portion of amounts payable after more than one year42€129k€94k▼
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€140k€123k▼
Suppliers440/4€140k€123k▼
Taxes, remuneration and social security45€2k€32k▲
Taxes450/3€2k€32k▲
Other amounts payable47/48€70k€71k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143k€180k▲
Other operating charges640/8€15k€20k▲
Non-recurring operating charges66A€4€0▼
Gross operating margin9900€586k€520k▼
Operating profit (loss)9901€428k€320k▼
Financial income75/76B€12k€4k▼
Recurring financial income75€5k€4k▼
Non-recurring financial income76B€7k€0▼
Financial charges65/66B€25k€15k▼
Recurring financial charges65€25k€15k▼
Profit (loss) for the period before taxes9903€415k€309k▼
Transfer from deferred taxes780€171€202▲
Income taxes67/77€112k€97k▼
Profit (loss) for the period9904€304k€213k▼
Transfer to tax-exempt reserves689€160k€0▼
Profit (loss) for the period to be appropriated9905€144k€213k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€213k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€210k€0▼
Transfer to equity691/2€144k€213k▲
To other reserves6921€144k€213k▲
Profit to be distributed694/7€210k€0▼
Return on contributions (dividend)694€210k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
30-06
Financial
Equity above €1MEq €1.10M ▲23.7%
3 profitable years in a row build equity to €1.10M.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €304k ▲1.9%
Operating result €428k, net result €304k, both a record.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €298k
Net result €298k after 2 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.26 to 2.79; short-term debt falls from €546k to €261k.
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
30-06
Financial
Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Balen · 1 establishment unit since 1993
Ground area
170 m²
Building footprint
170 m²
Volume, LiDAR
998 m³
Parcel 13030B0559/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Klaashoevenweg 1, 2491 Balen
since 19932.063.884.044
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030B0559/00C000 | Flanders | 170 m² | 1 · 170 m² | 8.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 13,045 EUR awarded · 13,045 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 710 EUR | 710 EUR |
| 2023 | 1 | 8,217 EUR | 8,217 EUR |
| 2022 | 2 | 4,118 EUR | 4,118 EUR |
Schemes
Brede weersverzekering
Subsidie voor zorgboerderijen
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteBalen2.063.884.044
Similar companies · same sector, comparable size
ALLY-DE ROO
BE 0806.404.352
Dentergem · Eq €1,096,900
AGRERO
BE 0464.871.510
Beveren-Kruibeke-Zwijndrecht · Eq €1,112,235
HOMAVELD
BE 0544.416.854
Lichtervelde · Eq €1,093,219
GEERT VANACKER
BE 0437.764.859
Ardooie · Eq €1,120,880
DECOSTER
BE 0425.525.736
Torhout · Eq €1,121,605
Of 902 companies in sector 01461 we hold annual accounts for 295. 230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-1993
Fiscal year end30-06
Activities, NACEBEL 2025
01461Pig breeding farms
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.