Equity
Equity fell by 96% in 17 years.
Equity fell by 96% in 17 years.
Green is investment, beige is depreciation. Land and buildings stand 24.3% higher than in 2024.
The last five annual accounts were filed 39 to 52 days before the end of the period.
Lower solvency than 90% of companies in wholesale trade. Sector median 45.2% · 6,182 companies.
The dashed line is the sector median: 0.3% across 132 companies (NACE 46, large).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, large). It does better than 6% of them on solvency, 3% on liquidity, 95% on profitability and 57% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,522 companies had the same profile as Scania Belgium has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Scania Belgium itself: 0.7% within 12 months.
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 1,522 companies, not a prediction for Scania Belgium. 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.
Liquidity is insufficient, with a current ratio of 0.93 (0.94 in 2024), below 1. Short-term debt is 95.5% and cash 0.1% of total assets. 96.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| Scania Belgium Brussels | €286.0m | 9.2% | 3.5% | 369.4 |
| FAYMONVILLE Bullange | €91.1m | 17.9% | 62.1% | 139.5 |
| Hainaut Caravaning Center Charleroi | €41.5m | 1.9% | 21.6% | 54.1 |
| STEPHEX STABLES Meise | €130.9m | -0.2% | 28.9% | 26.2 |
| Urbano Motorhomes Oostende Temse | €44.3m | 4.1% | 72.5% | 41.7 |
| HELI Wetteren | €18.6m | 6.8% | 23.5% | 52.7 |
| SEAPROMOTION Bredene | - | - | 74.8% | 12.4 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Scania Belgium: wholesale trade (NACE 46713). They are comparable in size and age: total assets between €19m and €113m, founded between 1971 and 2011.
Turnover has grown every year since 2022.
Scania CV AB holds all the shares. In April 2022, four directors stepped down. In July 2024, the Official Gazette published the appointment of Carl Aurel V. Pattyn as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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