S-INVESTS
ActiveSummary
The computed 12-month bankruptcy probability of S-INVESTS is 1.7% (moderate). The 2024 annual accounts show equity of €94,614 and a net result of €50,987. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 26049 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+1
Solvency60▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.86 in 2023; short-term debt: 65.4% and cash: 30.6% of total assets), and 65.5% 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 · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €94,614
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
68 d late
2022
61 d late
2021
43 d late
2020
54 d late
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€94,614▲ 68.3%
2023 · €56,202
Total assets
€273,879▲ 34.2%
2023 · €204,124
Net result
€50,987▲ 41.6%
2023 · €35,997
Working capital
€67,931▼ 19.1%
2023 · €83,992
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,135▼ 11,017%€4,315€28,786▲ 567%€45,919▲ 59.5%€74,226▲ 61.6%
Net result-€3,082below the sector's middle half€4,779within the sector's middle half€21,897above the sector's middle half▲ 358%€35,997above the sector's middle half▲ 64.4%€50,987above the sector's middle half▲ 41.6%
Equity€5,222within the sector's middle half▼ 42.2%€9,273within the sector's middle half▲ 77.6%€30,444within the sector's middle half▲ 228%€56,202within the sector's middle half▲ 84.6%€94,614within the sector's middle half▲ 68.3%
Total assets€53,082below the sector's middle half▼ 1.5%€79,470within the sector's middle half▲ 49.7%€98,118within the sector's middle half▲ 23.5%€204,124within the sector's middle half▲ 108%€273,879within the sector's middle half▲ 34.2%
Debt€47,860▲ 6.7%€70,196▲ 46.7%€67,674▼ 3.6%€147,922▲ 119%€179,265▲ 21.2%
Working capital-€16,572below the sector's middle half▼ 67.0%-€8,449within the sector's middle half▲ 49.0%€13,611within the sector's middle half€83,992above the sector's middle half▲ 517%€67,931within the sector's middle half▼ 19.1%
Solvency9.8%within the sector's middle half▼ 6.9pp11.7%within the sector's middle half▲ 1.8pp31.0%within the sector's middle half▲ 19.4pp27.5%within the sector's middle half▼ 3.5pp34.5%within the sector's middle half▲ 7.0pp
Current ratio0.60below the sector's middle half▼ 0.110.88below the sector's middle half▲ 0.271.20within the sector's middle half▲ 0.331.86within the sector's middle half▲ 0.661.38within the sector's middle half▼ 0.48
Return on assets (ROA)-5.8%below the sector's middle half▼ 5.9pp6.0%within the sector's middle half▲ 11.8pp22.3%above the sector's middle half▲ 16.3pp17.6%above the sector's middle half▼ 4.7pp18.6%above the sector's middle half▲ 1.0pp
Staff (FTE)11.5▲ 50.0%1.4▼ 6.7%1.7▲ 21.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 62% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273,701
Fixed assets
€26,690 ▲ 17.7%
Current assets
€247,011 ▲ 36.1%
Equity and liabilities €273,879
Equity
€94,614 ▲ 68.3%
Debt
€179,265 ▲ 21.2%
Debt's share of the balance-sheet total falls from 72.5% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82,608▲
2023 · €52,759
Cash flow
€59,369▲
2023 · €42,837
Quick ratio
0.82▼
2023 · 0.98
Debt to equity
1.89▼
2023 · 2.63
ROE
53.9%▼
2023 · 64.0%
Interest coverage
7.84▼
2023 · 43.95
Debt ≤ 1 year
€179,080▲
2023 · €97,463
Debt > 1 year
€0▼
2023 · €50,000
Income taxes
€15,677▲
2023 · €10,150
Staff costs
€41,324▲
2023 · €25,745
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €4,335 | €19,863 | €25,745 | €41,324 | ▲ 60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,133 | €9,000 | €8,511 | €6,840 | €8,382 | ▲ 22.5% |
| Other operating charges640/8 | - | €386 | €1,036 | €717 | €2,345 | ▲ 227% |
| Gross operating margin9900 | €9,565 | €18,036 | €58,195 | €79,222 | €126,277 | ▲ 59.4% |
| Operating profit (loss)9901 | -€3,135 | €4,315 | €28,786 | €45,919 | €74,226 | ▲ 61.6% |
| Financial income75/76B | - | €870 | €988 | €1,428 | €2,973 | ▲ 108% |
| Recurring financial income75 | €751 | €870 | €988 | €1,428 | €2,973 | ▲ 108% |
| Financial charges65/66B | - | €407 | €505 | €1,201 | €10,534 | ▲ 777% |
| Recurring financial charges65 | €637 | €407 | €505 | €1,201 | €10,534 | ▲ 777% |
| Profit (loss) for the period before taxes9903 | -€3,021 | €4,779 | €29,269 | €46,147 | €66,664 | ▲ 44.5% |
| Income taxes67/77 | €61 | - | €7,371 | €10,150 | €15,677 | ▲ 54.5% |
| Profit (loss) for the period9904 | -€3,082 | €4,779 | €21,897 | €35,997 | €50,987 | ▲ 41.6% |
| Profit (loss) for the period to be appropriated9905 | -€3,082 | €4,779 | €21,897 | €35,997 | €50,987 | ▲ 41.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,082 | €79,470 | €98,118 | €204,124 | €273,879 | ▲ 34.2% |
| Formation expenses20 | €0 | - | - | - | €178 | - |
| Fixed assets21/28 | €28,019 | €19,819 | €16,849 | €22,669 | €26,690 | ▲ 17.7% |
| Tangible fixed assets22/27 | €27,814 | €19,614 | €16,644 | €22,464 | €26,485 | ▲ 17.9% |
| Plant, machinery and equipment23 | - | €9,433 | €4,611 | €4,822 | €4,348 | ▼ 9.8% |
| Furniture and vehicles24 | - | €2,228 | €3,464 | €9,270 | €6,986 | ▼ 24.6% |
| Other tangible fixed assets26 | - | €7,954 | €8,570 | €8,373 | €15,151 | ▲ 81.0% |
| Financial fixed assets28 | €205 | €205 | €205 | €205 | €205 | = |
| Current assets29/58 | €25,063 | €59,651 | €81,269 | €181,455 | €247,011 | ▲ 36.1% |
| Stocks and contracts in progress3 | €4,531 | €5,303 | €4,588 | €85,532 | €100,447 | ▲ 17.4% |
| Stocks30/36 | - | €5,303 | €4,588 | €85,532 | €100,447 | ▲ 17.4% |
| Amounts receivable within one year40/41 | €14,328 | €27,791 | €36,228 | €30,774 | €62,563 | ▲ 103% |
| Trade receivables40 | - | €27,791 | €36,216 | €17,561 | €17,084 | ▼ 2.7% |
| Other amounts receivable41 | - | €0 | €13 | €13,213 | €45,478 | ▲ 244% |
| Cash at bank and in hand54/58 | €5,659 | €26,417 | €39,396 | €63,742 | €83,876 | ▲ 31.6% |
| Deferred charges and accrued income490/1 | - | €141 | €1,057 | €1,407 | €125 | ▼ 91.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,082 | €79,470 | €98,118 | €204,124 | €273,879 | ▲ 34.2% |
| Equity10/15 | €5,222 | €9,273 | €30,444 | €56,202 | €94,614 | ▲ 68.3% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €25 | €25 | €25 | €25 | €25 | = |
| Non-distributable reserves130/1 | - | €25 | €25 | €25 | - | - |
| Reserves not available under the articles1311 | - | €25 | €25 | €25 | - | - |
| Distributable reserves133 | - | - | - | - | €25 | - |
| Profit (loss) carried forward14 | -€3,017 | €1,761 | €23,659 | €49,656 | €88,143 | ▲ 77.5% |
| Investment grants15 | - | €1,287 | €560 | €322 | €246 | ▼ 23.5% |
| Amounts payable17/49 | €47,860 | €70,196 | €67,674 | €147,922 | €179,265 | ▲ 21.2% |
| Amounts payable after more than one year17 | €6,225 | €2,097 | - | €50,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €2,097 | - | €50,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €41,634 | €68,099 | €67,658 | €97,463 | €179,080 | ▲ 83.7% |
| Current portion of amounts payable after more than one year42 | - | €4,128 | €2,097 | - | €50,000 | - |
| Trade debts44 | €14,046 | €17,901 | €24,115 | €20,950 | €28,552 | ▲ 36.3% |
| Suppliers440/4 | - | €17,901 | €24,115 | €20,950 | €28,552 | ▲ 36.3% |
| Advances received on contracts in progress46 | - | - | €1,000 | €7,250 | €4,800 | ▼ 33.8% |
| Taxes, remuneration and social security45 | - | €7,796 | €18,769 | €34,264 | €58,228 | ▲ 69.9% |
| Taxes450/3 | - | €6,855 | €13,096 | €24,773 | €44,354 | ▲ 79.0% |
| Remuneration and social security454/9 | - | €941 | €5,673 | €9,491 | €13,874 | ▲ 46.2% |
| Other amounts payable47/48 | - | €38,274 | €21,677 | €35,000 | €37,500 | ▲ 7.1% |
| Accrued charges and deferred income492/3 | - | - | €16 | €458 | €185 | ▼ 59.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,082 | €4,779 | €21,897 | €35,997 | €50,987 | ▲ 41.6% |
| + Depreciation and write-downs630 | €8,133 | €9,000 | €8,511 | €6,840 | €8,382 | ▲ 22.5% |
| Operating cash flow (approximation) | €5,051 | €13,779 | €30,408 | €42,837 | €59,369 | ▲ 38.6% |
| Investment in fixed assets (approximation) | - | -€800 | -€5,541 | -€12,660 | -€12,403 | ▲ 2.0% |
| Change in cash | - | €20,757 | €12,980 | €24,346 | €20,134 | ▼ 17.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Highest result since 2018net €50,987 ▲41.6%
Operating result €74,226, net result €50,987, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
31-12
Financial
Back to profitnet €4,779
Net result €4,779 after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
31-12
Financial
Weakest financial yearnet -€3,082
Net result drops to -€3,082, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Agatha-Berchem · 1 establishment unit since 2018
Ground area
544 m²
Building footprint
600 m²
Volume, LiDAR
2,626 m³
Parcel 21003A0314/00W005, Brussels · tallest building 12.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Carrosserie Schweitzer
since 20182.279.386.469
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0314/00W005 | Brussels | 544 m² | 1 · 600 m² | 12.1 m · 1 fl. |
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.
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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 3,627 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
Founded30-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0693799428
Also
9925:BE0693799428
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.