SCALE I
ActiveSummary
The computed 12-month bankruptcy probability of SCALE I is 2.2% (moderate). The 2024 annual accounts show equity of €811k and a net result of €-294k. Equity is shrinking by ~12.5% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 14.03; short-term debt: 0.1% and cash: 0.6% of total assets), and 0.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-36.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-294k
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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
14 d late
2022
28 d late
2021
27 d early
2020
16 d early
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-294k▲ 61.8%
2023 · €-769k
2018: €-276k
2019: €-232k▲ +16.1% vs 2018
2020: €-38k▲ +83.7% vs 2019
2021: €812k▲ +2254% vs 2020highest in 7 years
2022: €-120k▼ -115% vs 2021
2023: €-769k▼ -543% vs 2022lowest in 7 years
2024: €-294k▲ +61.8% vs 2023
2018 → 2024
Working capital
€9k▼ 95.4%
2023 · €204k
2018: €461k
2019: €100k▼ -78.2% vs 2018
2020: €124k▲ +23.9% vs 2019
2021: €802k▲ +544% vs 2020highest value
2023: €204k
2024: €9k▼ -95.4% vs 2023lowest value
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.64M-€1.80M▲ 9.7%€1.72M▼ 4.4%€949k▼ 44.8%€811k▼ 14.6%
2020: €1.64M
2021: €1.80M▲ +9.7% vs 2020highest in 5 years
2022: €1.72M▼ -4.4% vs 2021
2023: €949k▼ -44.8% vs 2022
2024: €811k▼ -14.6% vs 2023lowest in 5 years
Operating result€-41k-€-6k▲ 84.0%€-31k▼ 378%€-240k▼ 675%€-366k▼ 52.5%
2020: €-41k
2021: €-6k▲ +84.0% vs 2020highest in 5 years
2022: €-31k▼ -378% vs 2021
2023: €-240k▼ -675% vs 2022
2024: €-366k▼ -52.5% vs 2023lowest in 5 years
Net result€-38k-€812k€-120k€-769k▼ 543%€-294k▲ 61.8%
2020: €-38k
2021: €812k▲ +2254% vs 2020highest in 5 years
2022: €-120k▼ -115% vs 2021
2023: €-769k▼ -543% vs 2022lowest in 5 years
2024: €-294k▲ +61.8% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €366k in 2024 against €240k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €812k
Fixed assets
€801k ▲ 7.5%
Current assets
€10k ▼ 95.1%
Equity and liabilities €812k
Equity
€811k ▼ 14.6%
Debt
€723 ▼ 51.3%
Debt's share of the balance-sheet total falls from 0.2% to 0.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
14.03
Debt to equity
0.00▼
2023 · 0.00
ROE
-36.2%▲
2023 · -81.0%
ROA
-36.2%▲
2023 · -80.9%
Debt ≤ 1 year
€723▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€951k€812k▼
Fixed assets21/28€745k€801k▲
Financial fixed assets28€745k€801k▲
Current assets29/58€206k€10k▼
Amounts receivable within one year40/41€198k-
Other amounts receivable41€198k-
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€951k€812k▼
Equity10/15€949k€811k▼
Contributions10/11€1.57M€1.73M▲
Capital10€1.57M€1.73M▲
Issued capital100€1.85M€1.85M=
Uncalled capital101€275k€120k▼
Reserves13€13k€13k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Profit (loss) carried forward14€-636k€-930k▼
Amounts payable17/49€1k€723▼
Amounts payable within one year42/48€1k€723▼
Financial debts43-€25
Credit institutions430/8-€25
Trade debts44€868-
Suppliers440/4€868-
Other amounts payable47/48€615€697▲
Income statement
Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€198k€330k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€-37k€-35k▲
Operating profit (loss)9901€-240k€-366k▼
Financial income75/76B€496€132k▲
Recurring financial income75€496€132k▲
Financial charges65/66B€530k€60k▼
Recurring financial charges65€16€281▲
Non-recurring financial charges66B€530k€59k▼
Profit (loss) for the period before taxes9903€-769k€-294k▲
Profit (loss) for the period9904€-769k€-294k▲
Profit (loss) for the period to be appropriated9905€-769k€-294k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-636k€-930k▼
Profit (loss) brought forward from the previous period14P€133k€-636k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €198k | €330k | ▲ 66.3% |
| Other operating charges640/8 | - | €868 | €868 | €4k | €1k | ▼ 72.3% |
| Gross operating margin9900 | €-41k | €-6k | €-30k | €-37k | €-35k | ▲ 7.3% |
| Operating profit (loss)9901 | €-41k | €-6k | €-31k | €-240k | €-366k | ▼ 52.5% |
| Financial income75/76B | - | €952k | €12k | €496 | €132k | ▲ 26,436% |
| Recurring financial income75 | €3k | €952k | €12k | €496 | €132k | ▲ 26,436% |
| Financial charges65/66B | - | €133k | €101k | €530k | €60k | ▼ 88.8% |
| Recurring financial charges65 | €113 | €32k | €111 | €16 | €281 | ▲ 1,653% |
| Non-recurring financial charges66B | - | €101k | €101k | €530k | €59k | ▼ 88.8% |
| Profit (loss) for the period before taxes9903 | €-38k | €812k | €-120k | €-769k | €-294k | ▲ 61.8% |
| Profit (loss) for the period9904 | €-38k | €812k | €-120k | €-769k | €-294k | ▲ 61.8% |
| Profit (loss) for the period to be appropriated9905 | €-38k | €812k | €-120k | €-769k | €-294k | ▲ 61.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.64M | €2.45M | €1.72M | €951k | €812k | ▼ 14.7% |
| Fixed assets21/28 | €1.51M | €997k | €1.06M | €745k | €801k | ▲ 7.5% |
| Financial fixed assets28 | €1.51M | €997k | €1.06M | €745k | €801k | ▲ 7.5% |
| Current assets29/58 | €130k | €1.45M | €655k | €206k | €10k | ▼ 95.1% |
| Amounts receivable after more than one year29 | - | €75k | - | - | - | - |
| Trade receivables290 | - | €75k | - | - | - | - |
| Amounts receivable within one year40/41 | €3k | €680k | €632k | €198k | - | - |
| Other amounts receivable41 | - | €680k | €632k | €198k | - | - |
| Cash at bank and in hand54/58 | €44k | €687k | €7k | €2k | €5k | ▲ 124% |
| Deferred charges and accrued income490/1 | - | €12k | €16k | €5k | €5k | ▲ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.64M | €2.45M | €1.72M | €951k | €812k | ▼ 14.7% |
| Equity10/15 | €1.64M | €1.80M | €1.72M | €949k | €811k | ▼ 14.6% |
| Contributions10/11 | €2.19M | €1.53M | €1.57M | €1.57M | €1.73M | ▲ 9.9% |
| Capital10 | - | €1.53M | €1.57M | €1.57M | €1.73M | ▲ 9.9% |
| Issued capital100 | - | €1.85M | €1.85M | €1.85M | €1.85M | = |
| Uncalled capital101 | - | €315k | €275k | €275k | €120k | ▼ 56.4% |
| Reserves13 | - | €13k | €13k | €13k | €13k | = |
| Non-distributable reserves130/1 | - | €13k | €13k | €13k | €13k | = |
| Legal reserve130 | - | €13k | €13k | €13k | €13k | = |
| Profit (loss) carried forward14 | €-546k | €253k | €133k | €-636k | €-930k | ▼ 46.1% |
| Amounts payable17/49 | €6k | €653k | €868 | €1k | €723 | ▼ 51.3% |
| Amounts payable within one year42/48 | €6k | €653k | - | €1k | €723 | ▼ 51.3% |
| Financial debts43 | - | - | - | - | €25 | - |
| Credit institutions430/8 | - | - | - | - | €25 | - |
| Trade debts44 | €6k | - | - | €868 | - | - |
| Suppliers440/4 | - | - | - | €868 | - | - |
| Other amounts payable47/48 | - | €653k | - | €615 | €697 | ▲ 13.3% |
| Accrued charges and deferred income492/3 | - | - | €868 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-38k | €812k | €-120k | €-769k | €-294k | ▲ 61.8% |
| Operating cash flow (approximation) | €-38k | €812k | €-120k | €-769k | €-294k | ▲ 61.8% |
| Investment in fixed assets (approximation) | - | €518k | €-68k | €319k | €-56k | ▼ 118% |
| Change in cash | - | €643k | €-680k | €-5k | €3k | ▲ 162% |
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
2026
02-09
State Gazette act
Permanent representatives: Benjamin Hollander and André Ostachkov3 facts ▸
State Gazette act
Permanent representatives: Benjamin Hollander and André Ostachkov
3 facts ▸
- Board meeting, 17-04-2026
- Permanent representative, Benjamin Hollander (permanent representative)
- Permanent representative, André Ostachkov (permanent representative)
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 14 days late
2023
31-12
Financial
Weakest financial yearnet €-769k
Net result drops to €-769k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €812k
Net result €812k after 3 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2017
Ground area
4,348 m²
Building footprint
4,347 m²
Volume, LiDAR
76,992 m³
Parcel 21804D1049/00D002, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
79
companies at this address
See who is registered here
1 establishment unit
SCALE I
since 20172.265.723.030
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 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.
Identification & contact
Identification
Legal formPublic limited company
Founded19-05-2017
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.