SCAGLI CONSTRUCT
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 187% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 4 | 3 |
| full-time | 4 | 3 |
| part-time | - | 0 |
| in full-time equivalents | 4 | 3 |
| Average over the year, in full-time equivalents | 1.7 | 2.3 |
| On a permanent contract | 4 | 1 |
| Joined | 8 | 5 |
| Left | 4 | 6 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €19,245 | €500 |
| Intangible fixed assets | €1,505 | - |
| Depreciation and write-downs of the year | €1,749 | €6,060 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €57,107 | €64,126 | ▲ 12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,749 | €6,060 | ▲ 246% |
| Other operating charges640/8 | €1,217 | €771 | ▼ 36.7% |
| Gross operating margin9900 | €69,271 | €97,310 | ▲ 40.5% |
| Operating profit (loss)9901 | €9,198 | €26,354 | ▲ 187% |
| Financial income75/76B | €36 | €860 | ▲ 24× |
| Recurring financial income75 | €36 | €860 | ▲ 24× |
| Financial charges65/66B | €200 | €2,301 | ▲ 12× |
| Recurring financial charges65 | €200 | €2,301 | ▲ 12× |
| Profit (loss) for the period before taxes9903 | €9,034 | €24,912 | ▲ 176% |
| Income taxes67/77 | €2,712 | €5,817 | ▲ 114% |
| Profit (loss) for the period9904 | €6,322 | €19,095 | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | €6,322 | €19,095 | ▲ 202% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €59,434 | €60,076 | ▲ 1.1% |
| Formation expenses20 | - | €0 | - |
| Fixed assets21/28 | €19,001 | €13,442 | ▼ 29.3% |
| Tangible fixed assets22/27 | €19,001 | €13,442 | ▼ 29.3% |
| Plant, machinery and equipment23 | €2,511 | €1,966 | ▼ 21.7% |
| Furniture and vehicles24 | €16,490 | €11,476 | ▼ 30.4% |
| Current assets29/58 | €40,433 | €46,634 | ▲ 15.3% |
| Amounts receivable within one year40/41 | €26,550 | €30,199 | ▲ 13.7% |
| Trade receivables40 | €25,014 | €17,953 | ▼ 28.2% |
| Other amounts receivable41 | €1,536 | €12,247 | ▲ 697% |
| Cash at bank and in hand54/58 | €13,883 | €7,935 | ▼ 42.8% |
| Deferred charges and accrued income490/1 | - | €8,500 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €59,434 | €60,076 | ▲ 1.1% |
| Equity10/15 | €9,322 | €27,584 | ▲ 196% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €6,322 | €24,584 | ▲ 289% |
| Amounts payable17/49 | €50,112 | €32,491 | ▼ 35.2% |
| Amounts payable after more than one year17 | - | €7,020 | - |
| Financial debts170/4 | - | €7,020 | - |
| Amounts payable within one year42/48 | €41,745 | €25,465 | ▼ 39.0% |
| Current portion of amounts payable after more than one year42 | - | €3,175 | - |
| Trade debts44 | €30,205 | €7,956 | ▼ 73.7% |
| Suppliers440/4 | €30,205 | €7,956 | ▼ 73.7% |
| Taxes, remuneration and social security45 | €5,155 | €11,610 | ▲ 125% |
| Taxes450/3 | €2,712 | €6,014 | ▲ 122% |
| Remuneration and social security454/9 | €2,443 | €5,596 | ▲ 129% |
| Other amounts payable47/48 | €6,385 | €2,724 | ▼ 57.3% |
| Accrued charges and deferred income492/3 | €8,367 | €6 | ▼ 99.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €6,322 | €19,095 | ▲ 202% |
| + Depreciation and write-downs630 | €1,749 | €6,060 | ▲ 246% |
| Operating cash flow (approximation) | €8,071 | €25,154 | ▲ 212% |
| Investment in fixed assets (approximation) | - | -€500 | - |
| Change in cash | - | -€5,948 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as SCAGLI CONSTRUCT has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SCAGLI CONSTRUCT itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SCAGLI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.