PY SCHMETZ
ActiveThe computed 12-month bankruptcy probability of PY SCHMETZ is 4.7% (elevated). The 2025 annual accounts show negative equity (€-21k) and a net result of €-35k. Equity is shrinking by ~120.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 27787 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
14
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-70
Solvency0▼-39
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.8 in 2024; short-term debt: 97.1% and cash: 13.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-29.7%
Return on assets
-50.1%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-21k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
on the day
← 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 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-21k
2024 · €14k
2023: €14k
2024: €14k
2023 → 2025
Total assets
€71k▼ 29.3%
2024 · €100k
2023: €115k
2024: €100k
2023 → 2025
Net result
€-35k
2024 · €723
2023: €9k
2024: €723
2023 → 2025
Working capital
€-43k▼ 376%
2024 · €-9k
2023: €-15k
2024: €-9k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€14k-€14k▲ 5.3%€-21k
Operating result€12k-€4k▼ 71.4%€-35k
Net result€9k-€723▼ 91.7%€-35k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€45k▼ 29.8%
Current assets
€26k▼ 28.4%
Key figures and ratios
EBITDA
€-12k▼
2024 · €26k
Cash flow
€-13k▼
2024 · €23k
Solvency
-29.7%▼
2024 · 14.4%
Current ratio
0.38▼
2024 · 0.80
Quick ratio
0.33▲
2024 · 0.31
Debt / equity
-4.36▼
2024 · 5.94
ROA
-50.1%▼
2024 · 0.7%
Interest coverage
-10.88▼
2024 · 17.80
Debt
€92k▲
2024 · €86k
Debt ≤ 1 year
€69k▲
2024 · €45k
Debt > 1 year
€23k▼
2024 · €40k
Income taxes
€273▼
2024 · €2k
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€100k€71k▼
Fixed assets21/28€64k€45k▼
Tangible fixed assets22/27€64k€45k▼
Plant, machinery and equipment23€30k€23k▼
Furniture and vehicles24€34k€21k▼
Other tangible fixed assets26€889€629▼
Current assets29/58€36k€26k▼
Stocks and contracts in progress3€22k€3k▼
Stocks30/36€2k€3k▲
Contracts in progress37€20k€0▼
Amounts receivable within one year40/41€13k€13k▼
Trade receivables40€11k€6k▼
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€852€10k▲
Deferred charges and accrued income490/1€72€74▲
Equity and liabilities
Total equity and liabilities10/49€100k€71k▼
Equity10/15€14k€-21k▼
Contributions10/11€5k€5k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14-€-35k
Amounts payable17/49€86k€92k▲
Amounts payable after more than one year17€40k€23k▼
Financial debts170/4€40k€23k▼
Amounts payable within one year42/48€45k€69k▲
Current portion of amounts payable after more than one year42€27k€34k▲
Trade debts44€6k€11k▲
Suppliers440/4€6k€11k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€11k€22k▲
Accrued charges and deferred income492/3€107€81▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€834€830▼
Gross operating margin9900€26k€-11k▼
Operating profit (loss)9901€4k€-35k▼
Financial income75/76B€196€721▲
Recurring financial income75€196€721▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€2k€-35k▼
Income taxes67/77€2k€273▼
Profit (loss) for the period9904€723€-35k▼
Profit (loss) for the period to be appropriated9905€723€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€723€-35k▼
Transfer to equity691/2€723€0▼
To other reserves6921€723€0▼
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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-35k ▼5010%
Net result drops to €-35k, the lowest in the series.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Jalhay · 1 establishment unit since 2022
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.
Chênerie 94845 JalhayGround area
247 m²
Building footprint
162 m²
Volume, LiDAR
1,433 m³
Parcel 63038B1114/00E000, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PY SCHMETZ
since 20222.335.580.252
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63038B1114/00E000 | Wallonia | 247 m² | 1 · 162 m² | 10.5 m · 3 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.
Similar companies · same sector, comparable size
Versmissen Loodgieterij
BE 0838.871.638
Beerse · Eq €14k
Verbeek Installatietechniek
BE 1007.728.446
Brasschaat · Eq €14k
Au P'tit Déboucheur
BE 0842.362.945
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Ben De Paepe
BE 0773.539.069
Dendermonde · Eq €14k
H-Group
BE 1017.560.583
Zonhoven · Eq €14k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,471. 2,142 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2022
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43343Specialised construction activities
43350Other building finishing work
43410Roofing work
81210General cleaning of buildings
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.