Kurt De Scheerder
ActiveKurt De Scheerder has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €34k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+24
Solvency58▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.43 in 2024; short-term debt: 20.8% and cash: 19.6% of total assets), and 67.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
32.7%
Return on assets
8.7%
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 03-02-2026, 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 filingsDeviation from the deadline
2025
3 d late
2024
11 d late
2023
on the day
2022
on the day
2021
22 d late
2020
1 d late
2019
2 d early
← before the deadline
after the deadline →
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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€128k▲ 35.9%
2024 · €94k
2019: €65k
2020: €80k
2021: €121k
2022: €104k
2023: €105k
2024: €94k
2019 → 2025
Total assets
€391k▲ 1.2%
2024 · €386k
2019: €257k
2020: €277k
2021: €487k
2022: €518k
2023: €478k
2024: €386k
2019 → 2025
Net result
€34k
2024 · €-10k
2019: €1k
2020: €16k
2021: €41k
2022: €-17k
2023: €768
2024: €-10k
2019 → 2025
Working capital
€31k▲ 0.5%
2024 · €31k
2019: €14k
2020: €52k
2021: €66k
2022: €45k
2023: €47k
2024: €31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€104k▼ 14.1%€105k▲ 0.7%€94k▼ 10.0%€128k▲ 35.9%
Operating result€49k-€-60k€8k€-4k€49k
Net result€41k-€-17k€768€-10k€34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €49k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €391k
Fixed assets
€279k▼ 1.8%
Current assets
€112k▲ 9.5%
Equity and liabilities €391k
Equity
€128k▲ 35.9%
Debt
€263k▼ 10.0%
The debt ratio falls from 75.6% to 67.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▲
2024 · €39k
Cash flow
€73k▲
2024 · €32k
Solvency
32.7%▲
2024 · 24.4%
Current ratio
1.38▼
2024 · 1.43
Quick ratio
1.38▼
2024 · 1.43
Debt / equity
2.05▼
2024 · 3.10
ROE
26.4%▲
2024 · -11.1%
ROA
8.7%▲
2024 · -2.7%
Interest coverage
12.79▲
2024 · 4.93
Debt
€263k▼
2024 · €292k
Debt ≤ 1 year
€81k▲
2024 · €72k
Debt > 1 year
€181k▼
2024 · €220k
Income taxes
€10k▲
2024 · €164
Staff costs
€8k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€386k€391k▲
Fixed assets21/28€284k€279k▼
Tangible fixed assets22/27€283k€278k▼
Land and buildings22€264k€233k▼
Plant, machinery and equipment23€15k€17k▲
Furniture and vehicles24€3k€27k▲
Leasing and similar rights25€2k€1k▼
Financial fixed assets28€300€300=
Current assets29/58€102k€112k▲
Amounts receivable within one year40/41€35k€36k▲
Other amounts receivable41€35k€36k▲
Cash at bank and in hand54/58€67k€77k▲
Equity and liabilities
Total equity and liabilities10/49€386k€391k▲
Equity10/15€94k€128k▲
Contributions10/11€20k€20k=
Capital10€20k-
Issued capital100€20k-
Reserves13€73k€107k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€71k€105k▲
Profit (loss) carried forward14€816€816=
Amounts payable17/49€292k€263k▼
Amounts payable after more than one year17€220k€181k▼
Financial debts170/4€220k€181k▼
Amounts payable within one year42/48€72k€81k▲
Current portion of amounts payable after more than one year42€38k€39k▲
Trade debts44€5k€10k▲
Suppliers440/4€5k€10k▲
Advances received on contracts in progress46€28k€21k▼
Taxes, remuneration and social security45€1k€11k▲
Taxes450/3€1k€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€4k€8k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€39k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€45k€98k▲
Operating profit (loss)9901€-4k€49k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€-10k€44k▲
Income taxes67/77€164€10k▲
Profit (loss) for the period9904€-10k€34k▲
Profit (loss) for the period to be appropriated9905€-10k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€35k▲
Profit (loss) brought forward from the previous period14P€816€816=
Transfer from equity791/2€10k-
Transfer to equity691/2-€34k
To other reserves6921-€34k
The notes to these accounts (7 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
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
30-06
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
30-06
Financial
Equity above €100kEq €128k ▲35.9%
Equity rises from €94k to €128k.
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €768
Net result €768 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-17k ▼142%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-06
Financial
Highest result since 2019net €41k ▲160%
Operating result €49k, net result €41k, both a record.
30-06
Financial
Equity above €100kEq €121k ▲50.7%
3 profitable years in a row build equity to €121k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-01
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.
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, Oudenaarde · 1 establishment unit since 2011
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.
Rothstraat 29700 OudenaardeGround area
754 m²
Building footprint
230 m²
Volume, LiDAR
851 m³
Parcel 45054C0012/00H000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rothstraat 2, 9700 Oudenaarde
since 20112.216.198.293
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45054C0012/00H000 | Flanders | 754 m² | 1 · 230 m² | 8.3 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
2022 to 2025 · 2 entries · 732 EUR awarded · 732 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 75 EUR | 75 EUR |
| 2022 | 1 | 657 EUR | 657 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudenaarde2.216.198.293
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
TOPTILE
BE 0690.660.982
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NAZAR R&M
BE 0818.480.357
Leopoldsburg · Eq €128k
DIDIER SNIJKERS
BE 0733.713.047
Dilsen-Stokkem · Eq €128k
MUYLLE-GADEYNE
BE 0810.252.183
Wervik · Eq €128k
LD CREATIONS
BE 0821.529.226
Waterloo · Eq €127k
Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,503 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2011
Fiscal year end30-06
Activities, NACEBEL
43331Floor and wall tiling
55204Guest rooms (bed and breakfast)
01610Support activities for crop production
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
55203Holiday cottages, homes and apartments
77221Rental and leasing activities
81300Landscape service activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@tegelwerkenkurt.be
Phone:0486356868
Phone:055303901