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FRANCOIS SCHITTECATTE

Active
Private limited companyfounded 20242 yrs activeRue Etoile Badin 48, 4920 Aywaille, BelgiumKBO/BCE: BE 1014.094.418
Summary

FRANCOIS SCHITTECATTE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,049 and a net result of €24,549. Its solvency ranks better than 58% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency87
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.59; short-term debt: 37.6% and cash: 50.5% of total assets), and 37.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.4%
Return on assets
61.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 1 filing
Deviation from the deadline
2025
17 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 September 2024, FRANCOIS SCHITTECATTE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€25,049
Total assets
€40,161
Net result
€24,549
Working capital
€24,028

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €40,161
Fixed assets €1,021
Current assets €39,140
Equity and liabilities €40,161
Equity €25,049
Debt €15,112
Debt finances 37.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€32,074
Cash flow
€24,757
Current ratio
2.59
Debt to equity
0.60
ROE
98.0%
ROA
61.1%
Interest coverage
239.56
Debt ≤ 1 year
€15,112
Income taxes
€7,183

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€40,161
Fixed assets21/28€1,021
Tangible fixed assets22/27€1,021
Furniture and vehicles24€1,021
Current assets29/58€39,140
Amounts receivable within one year40/41€18,618
Trade receivables40€18,618
Cash at bank and in hand54/58€20,284
Deferred charges and accrued income490/1€238
Equity and liabilities
Total equity and liabilities10/49€40,161
Equity10/15€25,049
Contributions10/11€500
Profit (loss) carried forward14€24,549
Amounts payable17/49€15,112
Amounts payable within one year42/48€15,112
Trade debts44€3,874
Suppliers440/4€3,874
Taxes, remuneration and social security45€8,716
Taxes450/3€8,716
Other amounts payable47/48€2,523
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€208
Other operating charges640/8€787
Gross operating margin9900€32,861
Operating profit (loss)9901€31,866
Financial charges65/66B€134
Recurring financial charges65€134
Profit (loss) for the period before taxes9903€31,732
Income taxes67/77€7,183
Profit (loss) for the period9904€24,549
Profit (loss) for the period to be appropriated9905€24,549
Appropriation of the result
Profit (loss) to be appropriated9906€24,549

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€208
Other operating charges640/8€787
Gross operating margin9900€32,861
Operating profit (loss)9901€31,866
Financial charges65/66B€134
Recurring financial charges65€134
Profit (loss) for the period before taxes9903€31,732
Income taxes67/77€7,183
Profit (loss) for the period9904€24,549
Profit (loss) for the period to be appropriated9905€24,549
Line2025
Assets
Total assets20/58€40,161
Fixed assets21/28€1,021
Tangible fixed assets22/27€1,021
Furniture and vehicles24€1,021
Current assets29/58€39,140
Amounts receivable within one year40/41€18,618
Trade receivables40€18,618
Cash at bank and in hand54/58€20,284
Deferred charges and accrued income490/1€238
Equity and liabilities
Total equity and liabilities10/49€40,161
Equity10/15€25,049
Contributions10/11€500
Profit (loss) carried forward14€24,549
Amounts payable17/49€15,112
Amounts payable within one year42/48€15,112
Trade debts44€3,874
Suppliers440/4€3,874
Taxes, remuneration and social security45€8,716
Taxes450/3€8,716
Other amounts payable47/48€2,523
Line2025
Profit (loss) for the period9904€24,549
+ Depreciation and write-downs630€208
Operating cash flow (approximation)€24,757

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

2026
17-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Aywaille · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,705 m²
Building footprint
166 m²
Parcel 62098C0325/00L015, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SCHITTECATTE FRANCOIS SRL
Rue Etoile Badin 48, 4920 AywailleActivities of building architects
since 20242.364.016.791
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62098C0325/00L015 Wallonia 2,705 m² 1 · 166 m² -
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.

Similar companies · same sector, comparable size

Of 18,254 companies in sector 71111 we hold annual accounts for 6,321. 4,737 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71113Urban planning and landscape architecture
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014094418
Also 9925:BE1014094418
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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