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SCALEX

Active
Private limited companyfounded 200619 yrs activeBaversstraat 265, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0884.276.348
Summary

SCALEX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €378,490 and a net result of €37,798. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 58% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability77▼-4
Solvency91▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.3 in 2023; short-term debt: 31.1% and cash: 40.4% of total assets), and 33.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 19 years 0 20 y
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 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
33 d early
2023
34 d early
2022
61 d late
2021
31 d late
2020
88 d late
2019
104 d late
← 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 36 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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 12 October 2006, SCALEX was incorporated.1 Total assets went from EUR 371,907 in 2018 to EUR 571,024 in 2024 and headcount from 0.8 to 2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€378,490▲ 11.1%
2023 · €340,692
Total assets
€571,024▲ 0.5%
2023 · €568,191
Net result
€37,798▼ 34.3%
2023 · €57,571
Working capital
€254,088▼ 3.0%
2023 · €261,930
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
Operating result€74,669▲ 53.2%€82,944▲ 11.1%€61,925▼ 25.3%€84,290▲ 36.1%€57,735▼ 31.5%
Net result€52,214▲ 56.4%€56,366▲ 8.0%€41,689▼ 26.0%€57,571▲ 38.1%€37,798▼ 34.3%
Equity€307,561▲ 19.5%€291,928▼ 5.1%€283,121▼ 3.0%€340,692▲ 20.3%€378,490▲ 11.1%
Total assets€482,762▲ 17.2%€503,943▲ 4.4%€549,555▲ 9.1%€568,191▲ 3.4%€571,024▲ 0.5%
Debt€175,200▲ 13.5%€212,015▲ 21.0%€266,434▲ 25.7%€227,499▼ 14.6%€192,534▼ 15.4%
Working capital€200,191▲ 40.7%€189,559▼ 5.3%€196,380▲ 3.6%€261,930▲ 33.4%€254,088▼ 3.0%
Staff (FTE)0.8=1.7▲ 113%1.8▲ 5.9%2▲ 11.1%2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2020: €74,669€74,669Net result 2020: €52,214€52,214Operating result 2021: €82,944€82,944Net result 2021: €56,366€56,366Operating result 2022: €61,925€61,925Net result 2022: €41,689€41,689Operating result 2023: €84,290€84,290Net result 2023: €57,571€57,571Operating result 2024: €57,735€57,735Net result 2024: €37,798€37,79820202021202220232024€0€25,000€50,000€75,000Operating result 2022: €61,925€61,900Net result 2022: €41,689€41,700Operating result 2023: €84,290€84,300Net result 2023: €57,571€57,600Operating result 2024: €57,735€57,700Net result 2024: €37,798€37,800202220232024
The operating result falls in 2024; 2024 is 32% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €571,024
Fixed assets €139,527 ▲ 33.7%
Current assets €431,497 ▼ 7.0%
Equity and liabilities €571,024
Equity €378,490 ▲ 11.1%
Debt €192,534 ▼ 15.4%
Debt's share of the balance-sheet total falls from 40.0% to 33.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€101,028▼
2023 · €106,014
Cash flow
€81,091▲
2023 · €79,295
Current ratio
2.43▲
2023 · 2.30
Debt to equity
0.51▼
2023 · 0.67
ROE
10.0%▼
2023 · 16.9%
ROA
6.6%▼
2023 · 10.1%
Interest coverage
116.29▲
2023 · 76.47
Debt ≤ 1 year
€177,409▼
2023 · €201,900
Debt > 1 year
€15,125▼
2023 · €25,599
Income taxes
€19,179▼
2023 · €26,190
Staff costs
€120,906▲
2023 · €114,892
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€568,191€571,024▲
Fixed assets21/28€104,361€139,527▲
Tangible fixed assets22/27€104,361€139,527▲
Land and buildings22€59,599€51,282▼
Plant, machinery and equipment23€2,274€1,475▼
Furniture and vehicles24€1,693€32,030▲
Other tangible fixed assets26€40,794€54,739▲
Current assets29/58€463,830€431,497▼
Amounts receivable within one year40/41€231,100€170,885▼
Trade receivables40€145,752€85,037▼
Other amounts receivable41€85,348€85,848▲
Current investments50/53€19,645€29,645▲
Cash at bank and in hand54/58€213,085€230,967▲
Equity and liabilities
Total equity and liabilities10/49€568,191€571,024▲
Equity10/15€340,692€378,490▲
Contributions10/11€12,400€12,400=
Reserves13€328,292€366,090▲
Distributable reserves133€328,292€366,090▲
Amounts payable17/49€227,499€192,534▼
Amounts payable after more than one year17€25,599€15,125▼
Financial debts170/4€25,599€15,125▼
Amounts payable within one year42/48€201,900€177,409▼
Current portion of amounts payable after more than one year42€10,317€10,474▲
Trade debts44€10,513€16,097▲
Suppliers440/4€10,513€16,097▲
Taxes, remuneration and social security45€70,379€30,062▼
Taxes450/3€37,746€16,101▼
Remuneration and social security454/9€32,634€13,961▼
Other amounts payable47/48€110,691€120,775▲
Income statement Code20232024
Remuneration, social security and pensions62€114,892€120,906▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,724€43,293▲
Other operating charges640/8€4,479€6,187▲
Non-recurring operating charges66A€2,158-
Gross operating margin9900€227,544€228,121▲
Operating profit (loss)9901€84,290€57,735▼
Financial income75/76B€857€112▼
Recurring financial income75€857€112▼
Financial charges65/66B€1,386€869▼
Recurring financial charges65€1,386€869▼
Profit (loss) for the period before taxes9903€83,760€56,978▼
Income taxes67/77€26,190€19,179▼
Profit (loss) for the period9904€57,571€37,798▼
Profit (loss) for the period to be appropriated9905€57,571€37,798▼
Appropriation of the result
Profit (loss) to be appropriated9906€57,571€37,798▼
Transfer to equity691/2€57,571€37,798▼
To other reserves6921€57,571€37,798▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€6,561----
Remuneration, social security and pensions62-€80,173€104,494€114,892€120,906▲ 5.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,153€29,653€28,690€21,724€43,293▲ 99.3%
Other operating charges640/8-€2,087€3,554€4,479€6,187▲ 38.1%
Non-recurring operating charges66A--€240€2,158--
Gross operating margin9900€137,899€194,857€198,903€227,544€228,121▲ 0.3%
Operating profit (loss)9901€74,669€82,944€61,925€84,290€57,735▼ 31.5%
Financial income75/76B-€6€0€857€112▼ 87.0%
Recurring financial income75€0€6€0€857€112▼ 87.0%
Financial charges65/66B-€1,319€1,069€1,386€869▼ 37.3%
Recurring financial charges65€1,499€1,319€1,069€1,386€869▼ 37.3%
Profit (loss) for the period before taxes9903€73,170€81,631€60,857€83,760€56,978▼ 32.0%
Income taxes67/77€20,957€25,265€19,168€26,190€19,179▼ 26.8%
Profit (loss) for the period9904€52,214€56,366€41,689€57,571€37,798▼ 34.3%
Profit (loss) for the period to be appropriated9905€52,214€56,366€41,689€57,571€37,798▼ 34.3%
Line20202021202220232024Change
Assets
Total assets20/58€482,762€503,943€549,555€568,191€571,024▲ 0.5%
Fixed assets21/28€163,448€148,443€122,657€104,361€139,527▲ 33.7%
Tangible fixed assets22/27€163,448€148,443€122,657€104,361€139,527▲ 33.7%
Land and buildings22-€76,233€67,916€59,599€51,282▼ 14.0%
Plant, machinery and equipment23---€2,274€1,475▼ 35.1%
Furniture and vehicles24-€11,203€2,894€1,693€32,030▲ 1,792%
Other tangible fixed assets26-€61,008€51,846€40,794€54,739▲ 34.2%
Current assets29/58€319,314€355,500€426,898€463,830€431,497▼ 7.0%
Amounts receivable within one year40/41€56,311€159,156€219,620€231,100€170,885▼ 26.1%
Trade receivables40-€79,156€122,680€145,752€85,037▼ 41.7%
Other amounts receivable41-€80,000€96,939€85,348€85,848▲ 0.6%
Current investments50/53€9,645€9,645€9,645€19,645€29,645▲ 50.9%
Cash at bank and in hand54/58€253,137€186,699€197,633€213,085€230,967▲ 8.4%
Equity and liabilities
Total equity and liabilities10/49€482,762€503,943€549,555€568,191€571,024▲ 0.5%
Equity10/15€307,561€291,928€283,121€340,692€378,490▲ 11.1%
Contributions10/11-€12,400€12,400€12,400€12,400=
Reserves13€223,161€279,528€270,721€328,292€366,090▲ 11.5%
Non-distributable reserves130/1--€6,900---
Reserves not available under the articles1311--€6,900---
Distributable reserves133-€279,528€263,821€328,292€366,090▲ 11.5%
Amounts payable17/49€175,200€212,015€266,434€227,499€192,534▼ 15.4%
Amounts payable after more than one year17€56,077€46,074€35,916€25,599€15,125▼ 40.9%
Financial debts170/4-€46,074€35,916€25,599€15,125▼ 40.9%
Amounts payable within one year42/48€119,123€165,941€230,518€201,900€177,409▼ 12.1%
Current portion of amounts payable after more than one year42-€10,003€10,159€10,317€10,474▲ 1.5%
Trade debts44€11,926€31,844€35,347€10,513€16,097▲ 53.1%
Suppliers440/4-€31,844€35,347€10,513€16,097▲ 53.1%
Taxes, remuneration and social security45-€68,976€62,390€70,379€30,062▼ 57.3%
Taxes450/3-€53,594€52,703€37,746€16,101▼ 57.3%
Remuneration and social security454/9-€15,381€9,687€32,634€13,961▼ 57.2%
Other amounts payable47/48-€55,119€122,622€110,691€120,775▲ 9.1%
Line20202021202220232024Change
Profit (loss) for the period9904€52,214€56,366€41,689€57,571€37,798▼ 34.3%
+ Depreciation and write-downs630€22,153€29,653€28,690€21,724€43,293▲ 99.3%
Operating cash flow (approximation)€74,366€86,019€70,379€79,295€81,091▲ 2.3%
Investment in fixed assets (approximation)--€14,648-€2,904-€3,428-€78,459▼ 2,188%
Change in cash--€66,439€10,935€15,452€17,881▲ 15.7%

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

2026
13-08
State Gazette act Legal form clause · Name clause
Registered office clause · Duration
2025
28-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €57,571 ▲38.1%
Operating result €84,290, net result €57,571, both a record.
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
12-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Tongeren-Borgloon · 2 establishment units since 2006
seat establishment All 2 establishment units on the map
Ground area
2,384 m²
Building footprint
369 m²
Volume, LiDAR
2,813 m³
2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
SCALEX
Baversstraat 265, 3700 Tongeren-BorgloonLegal and accounting activities
since 20062.156.847.260
SCALEX
Sint-Truiderstraat 53, 3700 Tongeren-BorgloonLegal and accounting activities
since 20092.234.034.417
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73076A0426/00G000 Flanders 2,269 m² 1 · 254 m² 11.5 m · 2 fl.
73083C0820/00R000 Flanders 115 m² 1 · 115 m² 13.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 9,569 EUR awarded · 9,528 EUR paid
Year Entries awardedpaid
2025 2 1,984 EUR1,943 EUR
2024 2 2,798 EUR2,798 EUR
2023 2 1,847 EUR1,847 EUR
2022 1 2,940 EUR2,940 EUR
Schemes
3 entries · 6,156 EUR · 6,156 EUR paid · Departement Werk en Sociale Economie
4 entries · 3,413 EUR · 3,372 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

9676007M54YZLU5VK752
live in the LEI register

Similar companies · same sector, comparable size

Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,820 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
70200Business and other management consultancy
Contact
E-mail raf@djhpartners.beTongeren-Borgloon
Phone 011/278780Tongeren-Borgloon
Fax 011/278789Tongeren-Borgloon

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