F. DE SCHUTTER
ActiveSummary
F. DE SCHUTTER has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €536k and a net result of €87k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-3
Solvency60▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.8 in 2023; short-term debt: 22.7% and cash: 25.3% of total assets), but 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
33 d early
2022
35 d early
2021
30 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€536k▼ 19.0%
2023 · €662k
2018: €341k
2019: €451k
2020: €549k
2021: €653k
2022: €703k
2023: €662k
2018 → 2024
Total assets
€1.55M▼ 12.6%
2023 · €1.77M
2018: €560k
2019: €664k
2020: €773k
2021: €1.10M
2022: €1.43M
2023: €1.77M
2018 → 2024
Net result
€87k▲ 45.3%
2023 · €60k
2018: €102k
2019: €110k
2020: €98k
2021: €104k
2022: €169k
2023: €60k
2018 → 2024
Working capital
€238k▼ 41.7%
2023 · €408k
2018: €264k
2019: €344k
2020: €448k
2021: €505k
2022: €527k
2023: €408k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€549k-€653k▲ 19.0%€703k▲ 7.6%€662k▼ 5.9%€536k▼ 19.0%
Operating result€146k-€164k▲ 12.1%€262k▲ 59.8%€99k▼ 62.3%€162k▲ 64.2%
Net result€98k-€104k▲ 6.5%€169k▲ 62.1%€60k▼ 64.6%€87k▲ 45.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 64% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets
€957k ▲ 12.7%
Current assets
€590k ▼ 35.9%
Equity and liabilities €1.55M
Equity
€536k ▼ 19.0%
Debt
€1.01M ▼ 8.8%
Debt's share of the balance-sheet total rises from 62.6% to 65.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€214k▲
2023 · €152k
Cash flow
€139k▲
2023 · €113k
Current ratio
1.68▼
2023 · 1.80
Quick ratio
1.56▼
2023 · 1.66
Debt to equity
1.89▲
2023 · 1.67
ROE
16.2%▲
2023 · 9.0%
ROA
5.6%▲
2023 · 3.4%
Interest coverage
5.27▼
2023 · 10.21
Debt ≤ 1 year
€352k▼
2023 · €513k
Debt > 1 year
€659k▲
2023 · €594k
Income taxes
€35k▲
2023 · €24k
Staff costs
€16k▲
2023 · €12k
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.77M€1.55M▼
Fixed assets21/28€849k€957k▲
Tangible fixed assets22/27€847k€955k▲
Land and buildings22€728k€860k▲
Plant, machinery and equipment23€114k€91k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€921k€590k▼
Stocks and contracts in progress3€71k€40k▼
Stocks30/36€71k€40k▼
Amounts receivable within one year40/41€324k€142k▼
Trade receivables40€171k€81k▼
Other amounts receivable41€153k€61k▼
Cash at bank and in hand54/58€509k€391k▼
Deferred charges and accrued income490/1€16k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.55M▼
Equity10/15€662k€536k▼
Contributions10/11€19k€19k=
Reserves13€643k€517k▼
Distributable reserves133€643k€517k▼
Amounts payable17/49€1.11M€1.01M▼
Amounts payable after more than one year17€594k€659k▲
Financial debts170/4€590k€656k▲
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€513k€352k▼
Current portion of amounts payable after more than one year42€55k€68k▲
Trade debts44€411k€244k▼
Suppliers440/4€411k€244k▼
Taxes, remuneration and social security45€46k€16k▼
Taxes450/3€40k€12k▼
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48-€24k
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€12k€16k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€52k▼
Other operating charges640/8€64k€23k▼
Non-recurring operating charges66A-€950
Gross operating margin9900€228k€254k▲
Operating profit (loss)9901€99k€162k▲
Financial income75/76B€101€282▲
Recurring financial income75€101€282▲
Financial charges65/66B€15k€41k▲
Recurring financial charges65€15k€41k▲
Profit (loss) for the period before taxes9903€84k€122k▲
Income taxes67/77€24k€35k▲
Profit (loss) for the period9904€60k€87k▲
Profit (loss) for the period to be appropriated9905€60k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€87k▲
Transfer from equity791/2€101k€213k▲
Transfer to equity691/2€60k€87k▲
To other reserves6921€60k€87k▲
Profit to be distributed694/7€101k€213k▲
Return on contributions (dividend)694€101k€213k▲
Social balance
Average headcount (FTE)90870.20.2=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €60k ▼64.6%
Net result drops to €60k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €169k ▲62.1%
Operating result €262k, net result €169k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €549k ▲21.7%
3 profitable years in a row build equity to €549k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Stabroek · 1 establishment unit since 1989
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.
Abtsdreef 2592940 StabroekGround area
309 m²
Building footprint
8 m²
Volume, LiDAR
21 m³
Parcel 11044E0008/00P000, Flanders · tallest building 3.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AVIA
since 19892.041.853.463
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11044E0008/00P000 | Flanders | 309 m² | 1 · 8 m² | 3.3 m · 1 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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
Germagas
BE 0407.098.904
Wevelgem · Eq €536,338
FINAFLAM AND PARTNERS
BE 0459.118.024
Eghezée · Eq €532,307
WYNANTS JESSY
BE 0864.255.053
Heusden-Zolder · Eq €542,213
JOOSEN EN CO
BE 0435.127.449
Schoten · Eq €542,323
L.H.C. Cars
BE 0458.770.804
Genk · Eq €542,900
Of 1,266 companies in sector 47300 we hold annual accounts for 945. 640 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
Founded17-01-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
47252Retail sale of beverages, general range
47260Retail trade
47621Retail sale of newspapers and periodicals
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.