SCAGLITHERM
ActiveSCAGLITHERM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+68
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 1.04 in 2024; short-term debt: 96.2% and cash: 0.9% 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.
−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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-32.3%
Return on assets
6.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 5%
← weakest
strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
27 d early
2023
28 d late
2022
59 d late
2021
53 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-38k▲ 16.6%
2024 · €-45k
2018: €97k
2019: €148k
2020: €135k
2021: €118k
2022: €-7k
2023: €-901
2024: €-45k
2018 → 2025
Total assets
€117k▲ 18.5%
2024 · €99k
2018: €298k
2019: €335k
2020: €314k
2021: €291k
2022: €207k
2023: €179k
2024: €99k
2018 → 2025
Net result
€8k
2024 · €-44k
2018: €3k
2019: €51k
2020: €-13k
2021: €-17k
2022: €-125k
2023: €5k
2024: €-44k
2018 → 2025
Working capital
€-4k
2024 · €3k
2018: €100k
2019: €153k
2020: €155k
2021: €130k
2022: €1k
2023: €44k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€-7k€-901▲ 86.7%€-45k▼ 4,938%€-38k▲ 16.6%
Operating result€-16k-€-90k▼ 475%€8k€-42k€10k
Net result€-17k-€-125k▼ 633%€5k€-44k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €42k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117k
Fixed assets
€9k▼ 35.2%
Current assets
€108k▲ 27.1%
Key figures and ratios
EBITDA
€15k▲
2024 · €-41k
Cash flow
€12k▲
2024 · €-44k
Solvency
-32.3%▲
2024 · -45.9%
Current ratio
0.96▼
2024 · 1.04
Quick ratio
0.56▲
2024 · 0.45
Debt / equity
-4.09▼
2024 · -3.18
ROA
6.4%▲
2024 · -45.0%
Interest coverage
4.93▲
2024 · -17.64
Debt
€155k▲
2024 · €144k
Debt ≤ 1 year
€113k▲
2024 · €82k
Debt > 1 year
€42k▼
2024 · €62k
Income taxes
€1▲
2024 · €0
Staff costs
€74k▼
2024 · €74k
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€99k€117k▲
Fixed assets21/28€14k€9k▼
Tangible fixed assets22/27€14k€9k▼
Furniture and vehicles24€14k€9k▼
Current assets29/58€85k€108k▲
Stocks and contracts in progress3€48k€45k▼
Stocks30/36€48k€45k▼
Amounts receivable within one year40/41€35k€62k▲
Trade receivables40€35k€51k▲
Other amounts receivable41€5€11k▲
Cash at bank and in hand54/58€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€99k€117k▲
Equity10/15€-45k€-38k▲
Contributions10/11€22k€22k=
Profit (loss) carried forward14€-67k€-60k▲
Amounts payable17/49€144k€155k▲
Amounts payable after more than one year17€62k€42k▼
Other amounts payable178/9€62k€42k▼
Amounts payable within one year42/48€82k€113k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€51k€105k▲
Suppliers440/4€51k€105k▲
Taxes, remuneration and social security45€29k€4k▼
Taxes450/3€13k€0▼
Remuneration and social security454/9€16k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€74k€74k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€755€5k▲
Other operating charges640/8€43k€7k▼
Gross operating margin9900€76k€96k▲
Operating profit (loss)9901€-42k€10k▲
Financial income75/76B€25€283▲
Recurring financial income75€25€283▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-44k€8k▲
Income taxes67/77€0€1▲
Profit (loss) for the period9904€-44k€8k▲
Profit (loss) for the period to be appropriated9905€-44k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€-60k▲
Profit (loss) brought forward from the previous period14P€-23k€-67k▼
The notes to these accounts (4 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet €-125k
Net result drops to €-125k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €51k ▲1458%
Operating result €36k, net result €51k, both a record.
31-12
Financial
Equity above €100kEq €148k ▲53%
2 profitable years in a row build equity to €148k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Grez-Doiceau · 1 establishment unit since 2000
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.
Champ de Présenne 441390 Grez-DoiceauGround area
2,287 m²
Building footprint
395 m²
Volume, LiDAR
2,424 m³
Parcel 25037D0030/00F010, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Champ de Présenne 44, 1390 Grez-Doiceau
since 20002.093.747.176
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037D0030/00F010 | Wallonia | 2,286 m² | 1 · 395 m² | 8.6 m · 2 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
CMOSA
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BE 0778.622.265
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JOERI VAN ROEYEN
BE 0774.270.727
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VAN DER PLAS YVES
BE 0737.432.897
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Reniers Benjamin
BE 0730.994.374
Zoutleeuw · Eq €118k
Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 3,040 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2000
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.