Financials
- Fiscal year
- 2025
- Total assets
- €557,771
- Profit
- €60,588
- Solvency
- -156.0%
Total assets▼ 10.0%
Net result
20182025
LE SCENARIO
ActiveSummary
LE SCENARIO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€869,929) and a net result of €60,588. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Wholesale of electrical household appliances and audio-video equipment
NACE 46431NACE 51430
1 site
Size
€557,771total assets 2025
- Equity
- -€869,929
- Profit
- €60,588
Structure
- Parent
- ALMALU · 100%
- Holdings
- 1
Accounts on time0 of 9 deeds read
Why 55Capped at 59: negative equity- Negative equity -€869,929+ Size: total assets €557,771+ Founded in 1983+ Figures for FY 2025 (filed 30-06-2026)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 38% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -156.0% of total assets
Liquidity
38-6
short-term debt 39.3% · cash 5.2%
Profitability
69+50
return on assets 10.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 1.6%
10-2025: 1.6%● 0.0% vs 09-2025
11-2025: 1.6%● 0.0% vs 10-2025
12-2025: 1.6%● 0.0% vs 11-2025
01-2026: 1.6%● 0.0% vs 12-2025
02-2026: 1.5%▼ -1.5% vs 01-2026
03-2026: 1.5%● 0.0% vs 02-2026
04-2026: 1.6%▲ +1.9% vs 03-2026
05-2026: 1.7%▲ +5.4% vs 04-2026
06-2026: 1.8%▲ +10.8% vs 05-2026highest value
07-2026: 0.3%▼ -85.3% vs 06-2026lowest value
08-2026: 0.3%● 0.0% vs 07-2026lowest value
09-2026: 0.3%● 0.0% vs 08-2026lowest value
10-2026: 0.3%● 0.0% vs 09-2026lowest value
- Size: total assets €557,771 lowers the probability for this profile
- Negative equity -€869,929 raises the probability
- Founded in 1983 lowers the probability for this profile
- Figures for FY 2025 (filed 30-06-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.94 against 1.16 in 2024; short-term debt: 39.3% and cash: 5.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 35%, profitability 52%, growth against the median 58%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5451 sector peers (2025).
NBB · sector comparisonPosition among 5451 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 30-06-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
2 d early
2022
on the day
2021
2 d early
2020
27 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today30-11-2026 close30-06-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Back to profitnet €60,588
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€869,929 View
- Caution: Among the weakest 5% on solvencysector median 45.7% · 5,451 companies -156.0% View
- Positive: Back in profit in 2025after -€1.4m in 2024 €60,588 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by ALMALUitself parent of 1 companies 100% View
By topic
Board & ownership
- Parent
- ALMALU · 100%
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 30-06-2027
- 30-06-2026Annual accounts filed
- 30-11-2025Back to profit
- 30-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431
- Founded
- 29-12-1983
- Year ends
- 30-11
- Peppol
- Reachable for e-invoices
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