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Scabal

Active
Public limited companyfounded 194680 yrs activeWerfstraat 5, 1000 Brussel, BelgiumKBO/BCE: BE 0400.522.797
Summary

Scabal has been active since 1946 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.8m and a net result of -€548,721. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 69% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability33▼-29
Solvency88▲+2
Growth49▼-1
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,800,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 2.09 in 2024; short-term debt: 29% and cash: 3.1% of total assets), and 37.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 80 years 0 90 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
62.6%
Return on assets
-1.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
64 d early
2024
38 d early
2023
44 d early
2022
55 d early
2021
31 d early
2020
22 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 42 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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 18 June 1946, Scabal was incorporated.1 Of the 2 current board members, Gérardin Catherine has served longest, since 2026.2 Revenue went from EUR 24 million in 2019 to EUR 24 million in 2025 and headcount from 82.4 to 58.2 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 04-08-2026
  3. 3National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€24.4m▼ 4.9%
2024 · €25.6m
EBIT margin
-1.1%▼ 4.7pp
2024 · 3.6%
Net result
-€548,721
2024 · €677,226
Working capital
€9.1m▼ 30.9%
2024 · €13.1m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202320242025
Turnover€15.6m▼ 36.2%€18.4m▲ 17.9%€27.4m-€25.6m▼ 6.5%€24.4m▼ 4.9%
Operating result-€681,411€2.9m€838,601-€925,100▲ 10.3%-€272,921
Net result-€569,084below the sector's middle half▲ 95.5%-€1.3mbelow the sector's middle half▼ 132%€800,077above the sector's middle half-€677,226above the sector's middle half▼ 15.4%-€548,721below the sector's middle half
EBIT margin-4.4%▼ 10.4pp15.7%▲ 20.1pp3.1%-3.6%▲ 0.6pp-1.1%▼ 4.7pp
Equity€28.0mabove the sector's middle half▼ 2.0%€26.7mabove the sector's middle half▼ 4.7%€27.6mabove the sector's middle half-€28.3mabove the sector's middle half▲ 2.5%€27.8mabove the sector's middle half▼ 1.9%
Total assets€41.9mabove the sector's middle half▲ 4.4%€42.5mabove the sector's middle half▲ 1.5%€42.9mabove the sector's middle half-€46.5mabove the sector's middle half▲ 8.2%€44.4mabove the sector's middle half▼ 4.6%
Debt€10.6m▲ 81.8%€15.8m▲ 49.3%€15.3m-€18.2m▲ 18.7%€16.6m▼ 8.7%
Working capital€16.8mabove the sector's middle half▲ 10.0%€15.9mabove the sector's middle half▼ 5.6%€13.6mabove the sector's middle half-€13.1mabove the sector's middle half▼ 3.8%€9.1mabove the sector's middle half▼ 30.9%
Solvency66.8%above the sector's middle half▼ 4.3pp62.7%above the sector's middle half▼ 4.1pp64.3%above the sector's middle half-60.9%within the sector's middle half▼ 3.4pp62.6%within the sector's middle half▲ 1.7pp
Current ratio4.05above the sector's middle half▼ 0.403.17above the sector's middle half▼ 0.882.59within the sector's middle half-2.09within the sector's middle half▼ 0.501.70within the sector's middle half▼ 0.38
Return on assets (ROA)-1.4%below the sector's middle half▲ 30.4pp-3.1%below the sector's middle half▼ 1.7pp1.9%within the sector's middle half-1.5%within the sector's middle half▼ 0.4pp-1.2%below the sector's middle half▼ 2.7pp
Staff (FTE)71.6above the sector's middle half▼ 13.1%64.9above the sector's middle half▼ 9.4%59.5above the sector's middle half-60.1above the sector's middle half▲ 1.0%58.2above the sector's middle half▼ 3.2%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0mOperating result 2020: -€681,411-€681,411Net result 2020: -€569,084-€569,084Operating result 2021: €2.9m€2.9mNet result 2021: -€1.3m-€1.3mOperating result 2023: €838,601€838,601Net result 2023: €800,077€800,077Operating result 2024: €925,100€925,100Net result 2024: €677,226€677,226Operating result 2025: -€272,921-€272,921Net result 2025: -€548,721-€548,72120202021202320242025-€1m-€500,000€0€500,000€1mOperating result 2023: €838,601€839,000Net result 2023: €800,077€800,000Operating result 2024: €925,100€925,000Net result 2024: €677,226€677,000Operating result 2025: -€272,921-€273,000Net result 2025: -€548,721-€549,000202320242025
The operating result turns negative in 2025: a loss of €272,921 after €925,100 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.4m
Fixed assets €22.4m ▲ 5.1%
Current assets €21.9m ▼ 12.8%
Equity and liabilities €44.4m
Equity €27.8m ▼ 1.9%
Debt €16.6m ▼ 8.7%
Debt's share of the balance-sheet total falls from 39.1% to 37.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€526,538▼
2024 · €1.6m
Cash flow
€250,738▼
2024 · €1.3m
Quick ratio
1.16▼
2024 · 1.45
Debt to equity
0.60▼
2024 · 0.64
ROE
-2.0%▼
2024 · 2.4%
Interest coverage
2.25▼
2024 · 6.07
Debt ≤ 1 year
€12.9m▲
2024 · €12.1m
Debt > 1 year
€3.7m▼
2024 · €6.1m
Income taxes
€16,927▼
2024 · €84,356
Staff costs
€5.2m▲
2024 · €4.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.9% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 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% 1.8%
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 823 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 against 2024 · 86 lines
Balance sheet Code20242025
Assets
Total assets20/58€46.5m€44.4m▼
Fixed assets21/28€21.3m€22.4m▲
Intangible fixed assets21€883,075€1.1m▲
Tangible fixed assets22/27€6.5m€6.7m▲
Land and buildings22€4.6m€4.3m▼
Plant, machinery and equipment23€168,685€329,021▲
Furniture and vehicles24€85,637€82,480▼
Assets under construction and advance payments27€1.7m€1.9m▲
Financial fixed assets28€13.9m€14.6m▲
Affiliated companies280/1€12.2m€12.9m▲
Participating interests280€10.7m€11.4m▲
Amounts receivable281€1.6m€1.6m=
Other financial fixed assets284/8€1.7m€1.7m▲
Shares284€1.7m€1.7m=
Amounts receivable and cash guarantees285/8€2,846€12,266▲
Current assets29/58€25.2m€21.9m▼
Stocks and contracts in progress3€7.7m€6.9m▼
Stocks30/36€7.7m€6.9m▼
Raw materials and consumables30/31€87,698€96,499▲
Work in progress32€295,311€240,302▼
Finished goods33€287,111€282,396▼
Goods purchased for resale34€7.0m€6.3m▼
Amounts receivable within one year40/41€11.5m€10.5m▼
Trade receivables40€8.8m€8.2m▼
Other amounts receivable41€2.7m€2.3m▼
Current investments50/53€3.0m€2.9m▼
Other investments51/53€3.0m€2.9m▼
Cash at bank and in hand54/58€2.9m€1.4m▼
Deferred charges and accrued income490/1€96,246€120,204▲
Equity and liabilities
Total equity and liabilities10/49€46.5m€44.4m▼
Equity10/15€28.3m€27.8m▼
Contributions10/11€125,000€125,000=
Capital10€125,000€125,000=
Issued capital100€125,000€125,000=
Reserves13€35.5m€35.5m=
Non-distributable reserves130/1€12,500€12,500=
Legal reserve130€12,500€12,500=
Distributable reserves133€35.5m€35.5m=
Profit (loss) carried forward14-€7.3m-€7.9m▼
Amounts payable17/49€18.2m€16.6m▼
Amounts payable after more than one year17€6.1m€3.7m▼
Financial debts170/4€6.1m€3.7m▼
Credit institutions173€6.1m€3.7m▼
Amounts payable within one year42/48€12.1m€12.9m▲
Current portion of amounts payable after more than one year42€1.9m€1.9m▲
Financial debts43€1.5m€1.5m=
Credit institutions430/8€1.5m€1.5m=
Trade debts44€5.2m€4.6m▼
Suppliers440/4€5.2m€4.6m▼
Taxes, remuneration and social security45€964,930€965,882▲
Taxes450/3€252,797€166,619▼
Remuneration and social security454/9€712,133€799,263▲
Other amounts payable47/48€2.5m€3.9m▲
Accrued charges and deferred income492/3€26,189€22,432▼
Income statement Code20242025
Operating income70/76A€27.0m€25.1m▼
Turnover70€25.6m€24.4m▼
Change in stocks of work in progress, finished goods and contracts in progress71€252,604-€59,725▼
Other operating income74€833,951€733,285▼
Non-recurring operating income76A€285,735€38,591▼
Operating charges60/66A€26.1m€25.4m▼
Goods for resale, raw materials and consumables60€14.0m€12.1m▼
Change in stocks: decrease (increase)609€1.8m€932,591▼
Services and other goods61€6.9m€7.2m▲
Remuneration, social security and pensions62€4.9m€5.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€643,550€799,459▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€570,003-€163,428▲
Other operating charges640/8€144,058€159,983▲
Non-recurring operating charges66A€7,976€296▼
Operating profit (loss)9901€925,100-€272,921▼
Recurring financial income75€252,592€125,653▼
Income from financial fixed assets750€97,662€78,547▼
Income from current assets751€143,000€39,019▼
Other financial income752/9€11,930€8,087▼
Financial charges65/66B€416,110€384,526▼
Recurring financial charges65€416,110€384,526▼
Debt charges650€258,412€234,437▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€43,857€21,454▲
Other financial charges652/9€201,555€128,635▼
Profit (loss) for the period before taxes9903€761,582-€531,794▼
Income taxes67/77€84,356€16,927▼
Taxes670/3€84,356€16,927▼
Profit (loss) for the period9904€677,226-€548,721▼
Profit (loss) for the period to be appropriated9905€677,226-€548,721▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7.3m-€7.9m▼
Profit (loss) brought forward from the previous period14P-€8.0m-€7.3m▲
Social balance
Average headcount (FTE)908760.158.2▼

The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202320242025Change
Operating income70/76A-€19.7m€29.3m€27.0m€25.1m▼ 7.1%
Turnover70€15.6m€18.4m€27.4m€25.6m€24.4m▼ 4.9%
Change in stocks of work in progress, finished goods and contracts in progress71--€184,395€122,475€252,604-€59,725▼ 124%
Other operating income74-€1.4m€1.7m€833,951€733,285▼ 12.1%
Non-recurring operating income76A-€1,904€2,270€285,735€38,591▼ 86.5%
Operating charges60/66A-€16.8m€28.4m€26.1m€25.4m▼ 2.7%
Goods for resale, raw materials and consumables60-€9.1m€14.5m€14.0m€12.1m▼ 13.3%
Change in stocks: decrease (increase)609-€1.1m-€3.0m€1.8m€932,591▼ 46.7%
Services and other goods61-€5.6m€7.1m€6.9m€7.2m▲ 3.7%
Remuneration, social security and pensions62-€4.4m€5.4m€4.9m€5.2m▲ 6.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€623,846€626,586€611,179€643,550€799,459▲ 24.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€134,627€750,300-€570,003-€163,428▲ 71.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€3.3m----
Other operating charges640/8-€130,916€138,265€144,058€159,983▲ 11.1%
Non-recurring operating charges66A--€5,958€7,976€296▼ 96.3%
Operating profit (loss)9901-€681,411€2.9m€838,601€925,100-€272,921▼ 130%
Recurring financial income75€859,755€412,728€363,818€252,592€125,653▼ 50.3%
Income from financial fixed assets750-€50,648€65,981€97,662€78,547▼ 19.6%
Income from current assets751-€464€44,291€143,000€39,019▼ 72.7%
Other financial income752/9-€361,616€253,546€11,930€8,087▼ 32.2%
Non-recurring financial income76B-€3.5m----
Financial charges65/66B-€8.2m€393,796€416,110€384,526▼ 7.6%
Recurring financial charges65€420,239€253,976€393,796€416,110€384,526▼ 7.6%
Debt charges650€122,836€162,842€189,339€258,412€234,437▼ 9.3%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651---€80,140-€43,857€21,454▲ 149%
Other financial charges652/9-€91,134€284,597€201,555€128,635▼ 36.2%
Non-recurring financial charges66B-€7.9m----
Profit (loss) for the period before taxes9903-€586,114-€1.3m€808,623€761,582-€531,794▼ 170%
Income taxes67/77-€17,030€3,829€8,546€84,356€16,927▼ 79.9%
Taxes670/3-€3,829€8,546€84,356€16,927▼ 79.9%
Profit (loss) for the period9904-€569,084-€1.3m€800,077€677,226-€548,721▼ 181%
Profit (loss) for the period to be appropriated9905-€569,084-€1.3m€800,077€677,226-€548,721▼ 181%
Line20202021202320242025Change
Assets
Total assets20/58€41.9m€42.5m€42.9m€46.5m€44.4m▼ 4.6%
Fixed assets21/28€19.5m€19.3m€20.8m€21.3m€22.4m▲ 5.1%
Intangible fixed assets21€320,110€356,219€364,863€883,075€1.1m▲ 27.3%
Tangible fixed assets22/27€6.5m€6.1m€6.5m€6.5m€6.7m▲ 2.0%
Land and buildings22-€5.5m€4.9m€4.6m€4.3m▼ 6.6%
Plant, machinery and equipment23-€309,930€152,804€168,685€329,021▲ 95.1%
Furniture and vehicles24-€209,311€101,399€85,637€82,480▼ 3.7%
Assets under construction and advance payments27--€1.3m€1.7m€1.9m▲ 16.6%
Financial fixed assets28€12.7m€12.8m€13.9m€13.9m€14.6m▲ 5.2%
Affiliated companies280/1-€11.2m€12.2m€12.2m€12.9m▲ 5.8%
Participating interests280-€10.7m€10.7m€10.7m€11.4m▲ 6.6%
Amounts receivable281-€500,000€1.6m€1.6m€1.6m=
Other financial fixed assets284/8-€1.7m€1.7m€1.7m€1.7m▲ 0.6%
Shares284-€1.7m€1.7m€1.7m€1.7m=
Amounts receivable and cash guarantees285/8-€3,668€2,846€2,846€12,266▲ 331%
Current assets29/58€22.4m€23.2m€22.2m€25.2m€21.9m▼ 12.8%
Stocks and contracts in progress3€6.5m€5.5m€8.6m€7.7m€6.9m▼ 9.2%
Stocks30/36-€5.5m€8.6m€7.7m€6.9m▼ 9.2%
Raw materials and consumables30/31-€67,029€102,491€87,698€96,499▲ 10.0%
Work in progress32-€24,717€218,557€295,311€240,302▼ 18.6%
Finished goods33-€178,482€111,261€287,111€282,396▼ 1.6%
Goods purchased for resale34-€5.3m€8.2m€7.0m€6.3m▼ 9.4%
Amounts receivable within one year40/41€9.1m€10.2m€10.2m€11.5m€10.5m▼ 8.2%
Trade receivables40-€9.0m€8.7m€8.8m€8.2m▼ 7.0%
Other amounts receivable41-€1.2m€1.5m€2.7m€2.3m▼ 12.1%
Current investments50/53€3.5m€3.5m€2.8m€3.0m€2.9m▼ 1.7%
Other investments51/53-€3.5m€2.8m€3.0m€2.9m▼ 1.7%
Cash at bank and in hand54/58€3.1m€3.8m€390,950€2.9m€1.4m▼ 53.1%
Deferred charges and accrued income490/1-€188,002€152,378€96,246€120,204▲ 24.9%
Equity and liabilities
Total equity and liabilities10/49€41.9m€42.5m€42.9m€46.5m€44.4m▼ 4.6%
Equity10/15€28.0m€26.7m€27.6m€28.3m€27.8m▼ 1.9%
Contributions10/11€125,000€125,000€125,000€125,000€125,000=
Capital10-€125,000€125,000€125,000€125,000=
Issued capital100-€125,000€125,000€125,000€125,000=
Reserves13€35.5m€35.5m€35.5m€35.5m€35.5m=
Non-distributable reserves130/1-€12,500€12,500€12,500€12,500=
Legal reserve130-€12,500€12,500€12,500€12,500=
Distributable reserves133-€35.5m€35.5m€35.5m€35.5m=
Profit (loss) carried forward14-€7.7m-€9.0m-€8.0m-€7.3m-€7.9m▼ 7.5%
Provisions and deferred taxes16€3.3m-----
Amounts payable17/49€10.6m€15.8m€15.3m€18.2m€16.6m▼ 8.7%
Amounts payable after more than one year17€5.0m€8.5m€6.5m€6.1m€3.7m▼ 39.3%
Financial debts170/4-€8.5m€6.5m€6.1m€3.7m▼ 39.3%
Credit institutions173-€8.5m€6.5m€6.1m€3.7m▼ 39.3%
Amounts payable within one year42/48€5.5m€7.3m€8.6m€12.1m€12.9m▲ 6.8%
Current portion of amounts payable after more than one year42-€757,495€1.5m€1.9m€1.9m▲ 2.9%
Financial debts43-€1.5m€1.5m€1.5m€1.5m=
Credit institutions430/8-€1.5m€1.5m€1.5m€1.5m=
Trade debts44€2.7m€1.8m€2.5m€5.2m€4.6m▼ 10.8%
Suppliers440/4-€1.8m€2.5m€5.2m€4.6m▼ 10.8%
Taxes, remuneration and social security45-€913,086€1.1m€964,930€965,882▲ 0.1%
Taxes450/3-€85,574€179,048€252,797€166,619▼ 34.1%
Remuneration and social security454/9-€827,512€896,962€712,133€799,263▲ 12.2%
Other amounts payable47/48-€2.3m€2.0m€2.5m€3.9m▲ 52.0%
Accrued charges and deferred income492/3-€16,978€199,608€26,189€22,432▼ 14.3%
Line20202021202320242025Change
Profit (loss) for the period9904-€569,084-€1.3m€800,077€677,226-€548,721▼ 181%
+ Depreciation and write-downs630€623,846€626,586€611,179€643,550€799,459▲ 24.2%
Operating cash flow (approximation)€54,762-€693,661€1.4m€1.3m€250,738▼ 81.0%
Investment in fixed assets (approximation)--€393,716--€1.2m-€1.9m▼ 54.5%
Change in cash-€704,857-€2.5m-€1.5m▼ 161%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-08
State Gazette act Appointments: Gérardin Catherine (director) and Gregor Thissen (managing director)
3 facts ▸
  • General meeting, 16-04-2026
  • Director appointment, Gérardin Catherine (director)
  • Director appointment, Gregor Thissen (managing director)
15-06
State Gazette act Resignations: Michael Day (director) and Hannelore Naudieth (director)
4 facts ▸
  • General meeting, 30-05-2025
  • Director resignation, Michael Day (director)
  • Director resignation, Hannelore Naudieth (director)
  • Other statement, assemblée générale des actionnaires 2028, renouvellement du mandat du comissaire reviseur
28-05
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
28-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
23-06
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
17-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €800,077
Net result €800,077 after 3 loss-making years.
07-06
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
06-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 17 acts read
About the unread acts

Of the 17 Belgian State Gazette acts we know for this company, 2 have been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, 1 in day-to-day management, last change in 2026

Board 1

Gérardin Catherine
Director · since 16-04-2026
Current

Day-to-day management 1

Gregor Thissen
Managing director · since 04-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1946
seat establishment The establishment unit on the map
Ground area
2,113 m²
Building footprint
2,077 m²
Volume, LiDAR
37,858 m³
Parcel 21812N1415/00D000, Brussels · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Werfstraat 5, 1000 Brussel
NACE 5141001
since 19462.004.498.565
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21812N1415/00D000 Brussels 2,113 m² 1 · 2,077 m² 23.8 m · 6 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.

Mandate history

4 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Gérardin Catherine
  • Director, from 16-04-2026 to date
Gregor Thissen
  • Managing director, from 04-08-2026 to date
Hannelore Naudieth
  • Director, until 15-06-2026
Michael Day
  • Director, until 15-06-2026
See the board, name and seat on a given date →

Structure & network

Heads the group Scabal 3 companies Group, risk and exposure

Owners and holdings

1 owner · 2 holdings

Owners 1

Holdings 2

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Legal Entity Identifier

549300CNGYABZZ6GOI25
live in the LEI register

Similar companies · same sector, comparable size

Of 235 companies in sector 46419 we hold annual accounts for 130. 4 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded18-06-1946
Fiscal year end31-12
Activities, NACEBEL 2025
46411Wholesale trade
46419Wholesale trade
Contact
E-mail corporate@scabal.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0400522797
Registered 30-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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

General meetings

1 convocation
Extraordinary general meeting
on 31-07-2008 at 15u · published 14-07-2008
Agenda
de l’assemblée générale extraordinaire des action- naires est le suivant : I. Documents mis gratuitement à la disposition des actionnaires : a) Conformément à l’article 720 , § 1er , du Code des sociétés : Le projet de fusion dressé conformément à l’article 719 du Code des sociétés, déposé aux fins de publication le dix-sept juin deux mille huit au Greffe du Tribunal de Commerce de Bruxelles et publié aux annexes du Moniteur belge du vingt-six juin deux mille huit sous le numéro 08094241. b) Conformément à l’article 720, §§ 2-3, du Code des sociétés : - les comptes annuels des trois derniers exercices de chacune des sociétés qui fusionnent, et - les rapports des administrateurs et les rappor ...