De Schutter' Neroc
The computed 12-month bankruptcy probability of De Schutter' Neroc is 1.1% (low). The 2021 annual accounts show negative equity (€-330k) and a net result of €640k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 71 sector peers (fiscal year 2021). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-330k |
| Net result | €640k |
| Staff (FTE) | 71.6 |
| Better than sector | 11% |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -13.0% | 37.7% | |
| Net result | €640k | €27k | |
| Equity | €-330k | €86k | |
| Staff costs | €4.41M | €112k | |
| Total assets | €2.53M | €582k |
| Fiscal year | 2021 |
|---|---|
| Revenue | €6.71M |
| EBITDA | €791k |
| Net profit | €640k |
| Cash flow | €753k |
| Staff costs | €4.41M |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €2.53M |
| Equity | €-330k |
| Debt | €2.76M |
| of which ≤ 1y | €2.37M |
| of which > 1y | €381k |
| Working capital | €9k |
| Employees (FTE) | 71.6 |
| 2021 | |
|---|---|
| Current ratio | 1.00 |
| Quick ratio | 0.94 |
| Working capital ratio | 0.4% |
| Solvency | -13.0% |
| Debt / equity | -8.38 |
| Long-term debt ratio | -1.16 |
| Interest coverage | 643.22 |
| Gross margin | 76.7% |
| Net margin | 9.5% |
| ROA | 25.3% |
| ROE | -194.2% |
| EBITDA margin | 11.8% |
| Days sales outstanding | 81d |
| Days payable outstanding | 87d |
| Inventory turnover | 10.60 |
| Days inventory (DSI) | 34d |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.53M |
| Fixed assets | 21/28 | €154k |
| Intangible fixed assets | 21 | €23k |
| Tangible fixed assets | 22/27 | €115k |
| Financial fixed assets | 28 | €16k |
| Current assets | 29/58 | €2.38M |
| Stocks & contracts in progress | 3 | €148k |
| Amounts receivable within one year | 40/41 | €2.14M |
| Cash & bank | 54/58 | €56k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.53M |
| Equity | 10/15 | €-330k |
| Contributions / capital | 10/11 | €1.34M |
| Accumulated profits (losses) | 14 | €-1.67M |
| Provisions & deferred taxes | 16 | €100k |
| Amounts payable | 17/49 | €2.76M |
| Amounts payable after one year | 17 | €381k |
| Amounts payable within one year | 42/48 | €2.37M |
| Trade debts payable within one year | 44 | €374k |
| Income statement | ||
| Turnover | 70 | €6.71M |
| Operating result | 9901 | €679k |
| Financial income | 75 | €367 |
| Financial charges | 65 | €36k |
| Result before taxes | 9903 | €643k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €640k |
| Result to be appropriated | 9905 | €640k |
| NACE primary | Advertising & market research(73110) |
| Legal form | Public limited company(014) |
| Incorporation | 10-08-2015 |
| Status | Active |
| Postal code | 2050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0324/00Z000 | Flanders | 1,998 m² | 1 · 434 m² | 7.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | De Schutter' Neroc |