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DE SCHUTTER

Active
Public limited companyfounded 200025 yrs activeWijngaardstraat 47, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0473.262.010
Summary

DE SCHUTTER has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €14,231 and a net result of -€3,725. Equity is shrinking by ~18.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability29=
Solvency38▼-4
Growth58=
Track record92
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
short-term debt: 86.9% of total assets, and 86.9% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
13.1%
Return on assets
-3.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,725
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 filings
Deviation from the deadline
2025
3 d late
2024
55 d late
2023
26 d late
2022
59 d late
2021
25 d late
2020
31 d late
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline

History

DE SCHUTTER was incorporated on 9 November 2000.1 Total assets fell from EUR 128,762 in 2018 to EUR 108,606 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€14,231▼ 20.7%
2024 · €17,956
Total assets
€108,606=
2024 · €108,606
Net result
-€3,725▲ 4.1%
2024 · -€3,886
Working capital
-€60,095▼ 60.3%
2021 · -€37,491
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€3,157▲ 47.3%-€11,045▼ 250%-€4,430▲ 59.9%-€3,716▲ 16.1%-€3,467▲ 6.7%
Net result-€4,171▲ 41.1%-€11,797▼ 183%-€4,763▲ 59.6%-€3,886▲ 18.4%-€3,725▲ 4.1%
Equity€38,402▼ 9.8%€26,605▼ 30.7%€21,842▼ 17.9%€17,956▼ 17.8%€14,231▼ 20.7%
Total assets€112,623▲ 1.1%€115,386▲ 2.5%€108,606▼ 5.9%€108,606=€108,606=
Debt€74,220▲ 7.9%€88,780▲ 19.6%€86,764▼ 2.3%€90,650▲ 4.5%€94,376▲ 4.1%
Working capital-€37,491▼ 65.8%-€60,095▼ 60.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: -€3,157-€3,157Net result 2021: -€4,171-€4,171Operating result 2022: -€11,045-€11,045Net result 2022: -€11,797-€11,797Operating result 2023: -€4,430-€4,430Net result 2023: -€4,763-€4,763Operating result 2024: -€3,716-€3,716Net result 2024: -€3,886-€3,886Operating result 2025: -€3,467-€3,467Net result 2025: -€3,725-€3,72520212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€4,430-€4,430Net result 2023: -€4,763-€4,760Operating result 2024: -€3,716-€3,720Net result 2024: -€3,886-€3,890Operating result 2025: -€3,467-€3,470Net result 2025: -€3,725-€3,730202320242025
The operating result stays negative: a loss of €3,467 in 2025 against €3,716 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €108,606
Equity €14,231 ▼ 20.7%
Debt €94,376 ▲ 4.1%
Debt's share of the balance-sheet total rises from 83.5% to 86.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
6.63▲
2024 · 5.05
ROE
-26.2%▼
2024 · -21.6%
ROA
-3.4%▲
2024 · -3.6%
Debt ≤ 1 year
€94,376▲
2024 · €90,650
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€108,606€108,606=
Fixed assets21/28€108,606€108,606=
Tangible fixed assets22/27€108,606€108,606=
Land and buildings22€108,606€108,606=
Equity and liabilities
Total equity and liabilities10/49€108,606€108,606=
Equity10/15€17,956€14,231▼
Contributions10/11€69,250€69,250=
Capital10€69,250€69,250=
Issued capital100€69,250€69,250=
Profit (loss) carried forward14-€51,294-€55,019▼
Amounts payable17/49€90,650€94,376▲
Amounts payable within one year42/48€90,650€94,376▲
Current portion of amounts payable after more than one year42€11,002-
Other amounts payable47/48€79,648€94,376▲
Income statement Code20242025
Other operating charges640/8€1,649€1,696▲
Gross operating margin9900-€2,068-€1,771▲
Operating profit (loss)9901-€3,716-€3,467▲
Financial charges65/66B€169€258▲
Recurring financial charges65€169€258▲
Profit (loss) for the period before taxes9903-€3,886-€3,725▲
Profit (loss) for the period9904-€3,886-€3,725▲
Profit (loss) for the period to be appropriated9905-€3,886-€3,725▲
Appropriation of the result
Profit (loss) to be appropriated9906-€51,294-€55,019▼
Profit (loss) brought forward from the previous period14P-€47,408-€51,294▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€348-€362---
Other operating charges640/8€1,427€3,800€1,613€1,649€1,696▲ 2.9%
Gross operating margin9900-€1,383-€7,245-€2,454-€2,068-€1,771▲ 14.3%
Operating profit (loss)9901-€3,157-€11,045-€4,430-€3,716-€3,467▲ 6.7%
Financial charges65/66B€1,014€752€333€169€258▲ 52.4%
Recurring financial charges65€1,014€752€333€169€258▲ 52.4%
Profit (loss) for the period before taxes9903-€4,171-€11,797-€4,763-€3,886-€3,725▲ 4.1%
Profit (loss) for the period9904-€4,171-€11,797-€4,763-€3,886-€3,725▲ 4.1%
Profit (loss) for the period to be appropriated9905-€4,171-€11,797-€4,763-€3,886-€3,725▲ 4.1%
Line20212022202320242025Change
Assets
Total assets20/58€112,623€115,386€108,606€108,606€108,606=
Fixed assets21/28€108,606€108,606€108,606€108,606€108,606=
Tangible fixed assets22/27€108,606€108,606€108,606€108,606€108,606=
Land and buildings22€108,606€108,606€108,606€108,606€108,606=
Current assets29/58€4,016€6,779----
Amounts receivable within one year40/41€2,716€6,779----
Other amounts receivable41€2,716€6,779----
Cash at bank and in hand54/58€1,300-----
Equity and liabilities
Total equity and liabilities10/49€112,623€115,386€108,606€108,606€108,606=
Equity10/15€38,402€26,605€21,842€17,956€14,231▼ 20.7%
Contributions10/11€69,250€69,250€69,250€69,250€69,250=
Capital10€69,250€69,250€69,250€69,250€69,250=
Issued capital100€69,250€69,250€69,250€69,250€69,250=
Profit (loss) carried forward14-€30,848-€42,645-€47,408-€51,294-€55,019▼ 7.3%
Amounts payable17/49€74,220€88,780€86,764€90,650€94,376▲ 4.1%
Amounts payable after more than one year17€32,713€21,906€11,002---
Financial debts170/4€32,713€21,906€11,002---
Amounts payable within one year42/48€41,508€66,875€75,762€90,650€94,376▲ 4.1%
Current portion of amounts payable after more than one year42€10,711€10,807€10,904€11,002--
Trade debts44-€222----
Suppliers440/4-€222----
Taxes, remuneration and social security45--€153---
Remuneration and social security454/9--€153---
Other amounts payable47/48€30,797€55,845€64,705€79,648€94,376▲ 18.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,171-€11,797-€4,763-€3,886-€3,725▲ 4.1%
Operating cash flow (approximation)-€4,171-€11,797-€4,763-€3,886-€3,725▲ 4.1%
Investment in fixed assets (approximation)-€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
29-03
KBO administration Address struck
event 05-01-2024
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Weakest financial yearnet -€11,797
Net result drops to -€11,797, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Geraardsbergen · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1,081 m²
Building footprint
164 m²
Volume, LiDAR
2,254 m³
Parcel 41018A0259/00E000, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Wijngaardstraat 47, 9500 Geraardsbergen
Property management for co-owned buildings (syndics)
since 20012.093.300.382
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41018A0259/00E000 Flanders 1,081 m² 1 · 164 m² 21.8 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded09-11-2000
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

2 convocations
General meeting
at the registered office · published 26-05-2009
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Divers. (AOPC-1-9-05392/26.05)
Ordinary general meeting
on 01-06-2005 at 18u · at the registered office · published 13-05-2005
Agenda
Verslag R.B. Goedkeuring jaarrekening. Bestemming resul- taat. Kwijting bestuurders. Allerlei. (16887) A.M.Y. International & Partners, afgekort : « A.M.Y. & Partners » N.V, naamloze vennootschap, Frans Van Hamstraat 6, 3920 Lommel Ondernemingsnummer 0446.696.825 Algemene vergadering op de zetel op 1 juni 2005, te 14 uur. Agenda : Verslag R.B. Goedkeuring jaarrekening. Bestemming resul- taat. Kwijting bestuurders. Allerlei. (16888) Eurosealings, naamloze vennootschap, Molenberglei 17, 2627 Schelle Ondernemingsnummer 0448.323.706 — RPR Antwerpen De gewone algemene vergadering zal gehouden worden op de zetel, op 1 juni 2005, om 18 uur. — Dagorde : Jaarverslag van de raad van bestuur. Behandeli ...