SCABEL
ActiveSummary
SCABEL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.5m and a net result of €261,871. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability53▲+32
Solvency25=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity short (current ratio 1.0 against 1.0 in 2023; short-term debt: 99.7% and cash: 27.8% of total assets), and 99.7% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.3%
Return on assets
0.1%
Age of the figures
21 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 5989 sector peers (2024).
NBB · sector comparisonPosition among 5989 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
26 d early
2022
on the day
2021
12 d early
2020
37 d late
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€5.80bn▲ 8.7%
2023 · €5.33bn
EBIT margin
0.0%=
2023 · 0.0%
Net result
€261,871▲ 15.2%
2023 · €227,364
Working capital
-€859,222▲ 21.7%
2023 · -€1.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€3.77bn▲ 43.4%€3.98bn▲ 5.6%€4.17bn▲ 4.7%€5.33bn▲ 28.0%€5.80bn▲ 8.7%
Operating result€529,154▲ 22.3%€458,297▼ 13.4%€684,825▲ 49.4%-€703,825€349,447
Net result€120,537▼ 14.2%€157,535▲ 30.7%€179,302▲ 13.8%€227,364▲ 26.8%€261,871▲ 15.2%
EBIT margin0.0%=0.0%=0.0%=0.0%=0.0%=
Equity€683,691▲ 21.4%€841,226▲ 23.0%€1.0m▲ 21.3%€1.2m▲ 22.3%€1.5m▲ 21.0%
Total assets€298.5m▲ 7.2%€364.2m▲ 22.0%€337.1m▼ 7.5%€526.9m▲ 56.3%€512.3m▼ 2.8%
Debt€297.8m▲ 7.2%€363.4m▲ 22.0%€336.0m▼ 7.5%€525.6m▲ 56.4%€510.8m▼ 2.8%
Working capital-€1.3m▼ 160%-€1.4m▼ 9.8%-€1.3m▲ 7.3%-€1.1m▲ 16.9%-€859,222▲ 21.7%
Staff (FTE)26.1▲ 16.5%27.2▲ 4.2%32.2▲ 18.4%34.9▲ 8.4%40.2▲ 15.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €349,447 after a loss of €703,825 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €512.3m
Fixed assets
€2.4m ▲ 2.0%
Current assets
€509.9m ▼ 2.8%
Equity and liabilities €512.3m
Equity
€1.5m ▲ 21.0%
Debt
€510.8m ▼ 2.8%
Debt's share of the balance-sheet total falls from 99.8% to 99.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.2m▲
2023 · €27,289
Cash flow
€1.1m▲
2023 · €958,477
Current ratio
1.00=
2023 · 1.00
ROE
17.3%▼
2023 · 18.2%
ROA
0.1%▲
2023 · 0.0%
Interest coverage
34.21▲
2023 · 0.24
Debt ≤ 1 year
€510.8m▼
2023 · €525.6m
Income taxes
€121,748▼
2023 · €127,108
Staff costs
€3.1m▲
2023 · €2.8m
A ratio outside any meaningful range has been withheld (balance sheet total €512.3m, equity €1.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €4.01bn | €4.19bn | €5.36bn | €5.81bn | ▲ 8.4% |
| Turnover70 | €3.77bn | €3.98bn | €4.17bn | €5.33bn | €5.80bn | ▲ 8.7% |
| Other operating income74 | - | €28.2m | €20.9m | €27.4m | €15.8m | ▼ 42.3% |
| Operating charges60/66A | - | €4.01bn | €4.19bn | €5.36bn | €5.81bn | ▲ 8.4% |
| Goods for resale, raw materials and consumables60 | - | €3.97bn | €4.16bn | €5.32bn | €5.78bn | ▲ 8.7% |
| Purchases600/8 | - | €3.97bn | €4.16bn | €5.32bn | €5.78bn | ▲ 8.7% |
| Services and other goods61 | - | €10.0m | €10.2m | €13.5m | €12.6m | ▼ 6.8% |
| Remuneration, social security and pensions62 | - | €2.0m | €2.3m | €2.8m | €3.1m | ▲ 12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €228,516 | €558,353 | €637,897 | €731,113 | €873,367 | ▲ 19.5% |
| Other operating charges640/8 | - | €25.2m | €17.2m | €23.0m | €11.4m | ▼ 50.6% |
| Operating profit (loss)9901 | €529,154 | €458,297 | €684,825 | -€703,825 | €349,447 | ▲ 150% |
| Financial income75/76B | - | €0 | €7,345 | €1.3m | €100,475 | ▼ 92.5% |
| Recurring financial income75 | €3,116 | €0 | €7,345 | €1.3m | €100,475 | ▼ 92.5% |
| Income from current assets751 | - | - | - | €1.3m | €34,541 | ▼ 97.4% |
| Other financial income752/9 | - | €0 | €7,345 | €0 | €65,934 | ▲ 73,259,389% |
| Financial charges65/66B | - | €216,294 | €397,006 | €284,553 | €66,303 | ▼ 76.7% |
| Recurring financial charges65 | €327,149 | €216,294 | €397,006 | €284,553 | €66,303 | ▼ 76.7% |
| Debt charges650 | €44,556 | €4,452 | €75,439 | €114,361 | €35,743 | ▼ 68.7% |
| Other financial charges652/9 | - | €211,843 | €321,568 | €170,192 | €30,560 | ▼ 82.0% |
| Profit (loss) for the period before taxes9903 | €205,122 | €242,003 | €295,164 | €354,472 | €383,619 | ▲ 8.2% |
| Income taxes67/77 | €84,585 | €84,468 | €115,863 | €127,108 | €121,748 | ▼ 4.2% |
| Taxes670/3 | - | €84,468 | €115,969 | €127,108 | €127,917 | ▲ 0.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | €106 | - | €6,170 | - |
| Profit (loss) for the period9904 | €120,537 | €157,535 | €179,302 | €227,364 | €261,871 | ▲ 15.2% |
| Profit (loss) for the period to be appropriated9905 | €120,537 | €157,535 | €179,302 | €227,364 | €261,871 | ▲ 15.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €298.5m | €364.2m | €337.1m | €526.9m | €512.3m | ▼ 2.8% |
| Fixed assets21/28 | €2.0m | €2.3m | €2.4m | €2.3m | €2.4m | ▲ 2.0% |
| Intangible fixed assets21 | €1.6m | €2.0m | €2.0m | €2.0m | €2.1m | ▲ 4.7% |
| Tangible fixed assets22/27 | €232,234 | €180,384 | €216,923 | €187,943 | €137,694 | ▼ 26.7% |
| Furniture and vehicles24 | - | €62,437 | €101,048 | €80,145 | €52,501 | ▼ 34.5% |
| Other tangible fixed assets26 | - | €117,947 | €115,875 | €107,798 | €85,193 | ▼ 21.0% |
| Financial fixed assets28 | €98,630 | €116,577 | €116,577 | €118,229 | €118,229 | = |
| Affiliated companies280/1 | - | €98,000 | €98,000 | €98,000 | €98,000 | = |
| Participating interests280 | - | €98,000 | €98,000 | €98,000 | €98,000 | = |
| Other financial fixed assets284/8 | - | €18,577 | €18,577 | €20,229 | €20,229 | = |
| Amounts receivable and cash guarantees285/8 | - | €18,577 | €18,577 | €20,229 | €20,229 | = |
| Current assets29/58 | €296.5m | €362.0m | €334.7m | €524.5m | €509.9m | ▼ 2.8% |
| Amounts receivable within one year40/41 | €175.4m | €349.0m | €325.5m | €478.3m | €367.1m | ▼ 23.2% |
| Trade receivables40 | - | €103.8m | €73.3m | €132.1m | €42.0m | ▼ 68.2% |
| Other amounts receivable41 | - | €245.2m | €252.2m | €346.1m | €325.1m | ▼ 6.1% |
| Current investments50/53 | €20.0m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €93.5m | €12.0m | €9.1m | €45.8m | €142.2m | ▲ 211% |
| Deferred charges and accrued income490/1 | - | €893,780 | €145,606 | €424,205 | €583,391 | ▲ 37.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €298.5m | €364.2m | €337.1m | €526.9m | €512.3m | ▼ 2.8% |
| Equity10/15 | €683,691 | €841,226 | €1.0m | €1.2m | €1.5m | ▲ 21.0% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Non-distributable reserves130/1 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Legal reserve130 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €353,691 | €511,226 | €690,527 | €917,892 | €1.2m | ▲ 28.5% |
| Amounts payable17/49 | €297.8m | €363.4m | €336.0m | €525.6m | €510.8m | ▼ 2.8% |
| Amounts payable within one year42/48 | €297.8m | €363.4m | €336.0m | €525.6m | €510.8m | ▼ 2.8% |
| Financial debts43 | - | - | €17.8m | - | - | - |
| Credit institutions430/8 | - | - | €17.8m | - | - | - |
| Trade debts44 | €297.4m | €336.8m | €317.0m | €524.5m | €510.0m | ▼ 2.8% |
| Suppliers440/4 | - | €336.8m | €317.0m | €524.5m | €510.0m | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | €1.0m | €619,189 | €1.1m | €736,763 | ▼ 34.4% |
| Taxes450/3 | - | €676,008 | €334,740 | €681,666 | €219,927 | ▼ 67.7% |
| Remuneration and social security454/9 | - | €329,121 | €284,449 | €441,501 | €516,836 | ▲ 17.1% |
| Other amounts payable47/48 | - | €25.6m | €624,422 | €9,959 | - | - |
| Accrued charges and deferred income492/3 | - | - | €11,403 | - | €22,093 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €120,537 | €157,535 | €179,302 | €227,364 | €261,871 | ▲ 15.2% |
| + Depreciation and write-downs630 | €228,516 | €558,353 | €637,897 | €731,113 | €873,367 | ▲ 19.5% |
| Operating cash flow (approximation) | €349,052 | €715,888 | €817,199 | €958,477 | €1.1m | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | -€842,933 | -€725,303 | -€723,706 | -€919,171 | ▼ 27.0% |
| Change in cash | - | -€81.5m | -€2.9m | €36.7m | €96.4m | ▲ 163% |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €261,871 ▲15.2%
Net result €261,871, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €1mEq €1.0m ▲21.3%
5 profitable years in a row build equity to €1.0m.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 37 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500,000Eq €563,154 ▲33.2%
2 profitable years in a row build equity to €563,154.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 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
16 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, Brussel · 1 establishment unit since 2016
Ground area
1,232 m²
Building footprint
794 m²
Volume, LiDAR
30,861 m³
Parcel 21805E0447/00N003, Brussels · tallest building 55.8 m, ±11 floors. Linked by address, not a title deed.
32
companies at this address
See who is registered here
1 establishment unit
SCABEL
since 20162.253.909.123
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0447/00N003 | Brussels | 1,232 m² | 1 · 793 m² | 55.8 m · 11 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.253.909.123
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Of 1,425 companies in sector 46389 we hold annual accounts for 854. 412 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46389Wholesale of other food products
Scores and ratios are computed by Checked and are not a credit decision.