SCANTRAX
ActiveSCANTRAX has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €684k and a net result of €-83k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-19
Solvency62▼-5
Growth28▼-17
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days only on tighter terms
Liquidity ample (current ratio 2.91 against 2.89 in 2023), but 73.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 02
Relative position
BE, all sectors
reference
Sector 02
lower
← 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 2024Solvency, return and age of the figures
Solvency
26.3%
Return on assets
-3.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
40 d late
2022
68 d late
2021
82 d late
2020
114 d late
2019
130 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.23M▼ 4.2%
2018 · €2.33M
2018: €2.33M
2018 → 2019
EBIT margin
1.8%▲ 0.1pp
2018 · 1.8%
2018: 1.8%
2018 → 2019
Net result
€-83k
2023 · €29k
2018: €19k
2019: €8k
2020: €-230k
2021: €21k
2022: €27k
2023: €29k
2018 → 2024
Working capital
€1.48M▼ 2.3%
2023 · €1.51M
2018: €1.64M
2019: €1.59M
2020: €1.32M
2021: €1.35M
2022: €1.41M
2023: €1.51M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€691k-€712k▲ 3.0%€739k▲ 3.9%€768k▲ 3.9%€684k▼ 10.9%
Operating result€-205k-€40k€47k▲ 16.4%€64k▲ 36.4%€-33k
Net result€-230k-€21k€27k▲ 30.5%€29k▲ 4.1%€-83k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €33k after €64k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.60M
Fixed assets
€351k▼ 6.9%
Current assets
€2.25M▼ 2.6%
Equity and liabilities €2.60M
Equity
€684k▼ 10.9%
Debt
€1.91M▼ 0.2%
The debt ratio rises from 71.4% to 73.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-7k▼
2023 · €91k
Cash flow
€-57k▼
2023 · €55k
Solvency
26.3%▼
2023 · 28.6%
Current ratio
2.91▲
2023 · 2.89
Quick ratio
0.46▼
2023 · 0.76
Debt / equity
2.80▲
2023 · 2.50
ROE
-12.2%▼
2023 · 3.7%
ROA
-3.2%▼
2023 · 1.1%
Interest coverage
-0.15▼
2023 · 2.61
Debt
€1.91M▼
2023 · €1.92M
Debt ≤ 1 year
€771k▼
2023 · €797k
Debt > 1 year
€1.13M▲
2023 · €1.01M
Income taxes
€264▼
2023 · €807
Staff costs
€52k▼
2023 · €70k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.68M€2.60M▼
Fixed assets21/28€377k€351k▼
Tangible fixed assets22/27€374k€348k▼
Land and buildings22€267k€246k▼
Plant, machinery and equipment23€17k€11k▼
Other tangible fixed assets26€90k€90k=
Financial fixed assets28€3k€3k=
Current assets29/58€2.31M€2.25M▼
Stocks and contracts in progress3€1.70M€1.89M▲
Stocks30/36€1.70M€1.89M▲
Amounts receivable within one year40/41€255k€293k▲
Trade receivables40€238k€273k▲
Other amounts receivable41€17k€21k▲
Cash at bank and in hand54/58€342k€56k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.68M€2.60M▼
Equity10/15€768k€684k▼
Contributions10/11€438k€438k=
Capital10€356k€356k=
Issued capital100€356k€356k=
Outside capital11€82k€82k=
Share premium1100/10€82k€82k=
Reserves13€41k€41k=
Non-distributable reserves130/1€36k€36k=
Legal reserve130€36k€36k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€289k€205k▼
Amounts payable17/49€1.92M€1.91M▼
Amounts payable after more than one year17€1.01M€1.13M▲
Financial debts170/4€800k€800k=
Other amounts payable178/9€215k€333k▲
Amounts payable within one year42/48€797k€771k▼
Current portion of amounts payable after more than one year42€4k-
Financial debts43€450k€550k▲
Credit institutions430/8€450k€550k▲
Trade debts44€207k€153k▼
Suppliers440/4€207k€153k▼
Advances received on contracts in progress46€25k€10k▼
Taxes, remuneration and social security45€31k€21k▼
Taxes450/3€18k€12k▼
Remuneration and social security454/9€13k€9k▼
Other amounts payable47/48€80k€37k▼
Accrued charges and deferred income492/3€104k€9k▼
Income statement
Code20232024
Non-recurring operating income76A€5k€2k▼
Remuneration, social security and pensions62€70k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Other operating charges640/8€13k€10k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€174k€59k▼
Operating profit (loss)9901€64k€-33k▼
Financial income75/76B€162€4▼
Recurring financial income75€162€4▼
Financial charges65/66B€35k€50k▲
Recurring financial charges65€35k€50k▲
Profit (loss) for the period before taxes9903€29k€-83k▼
Income taxes67/77€807€264▼
Profit (loss) for the period9904€29k€-83k▼
Profit (loss) for the period to be appropriated9905€29k€-83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€289k€205k▼
Profit (loss) brought forward from the previous period14P€260k€289k▲
Social balance
Average headcount (FTE)90871.51.7▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 40 days late
2023
31-12
Financial
Highest result since 2018net €29k ▲4.1%
Operating result €64k, net result €29k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 68 days late
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 82 days late
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 114 days late
2020
31-12
Financial
Weakest financial yearnet €-230k ▼2874%
Net result drops to €-230k, the lowest in the series; recovery starts the following year.
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 130 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · 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
4 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, Couvin · 1 establishment unit since 1987
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.
Rue des Prés-Fleuris 85660 CouvinGround area
688 m²
Building footprint
146 m²
Parcel 93014A0369/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Scantrax
since 19872.033.051.506
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014A0369/00K000 | Wallonia | 688 m² | 1 · 146 m² | - |
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
DELBOIS
BE 0439.523.727
Namur · Eq €681k
ELAGAGES ARBOREX
BE 0885.438.566
Wavre · Eq €687k
SCHUTZ PATRIMOINE
BE 0746.445.682
Bastogne · Eq €690k
THORIBOIS
BE 1016.959.777
Silly · Eq €693k
TECTIS ARDENNES
BE 0878.786.148
Esneux · Eq €668k
Of 1,551 companies in sector 02200 we hold annual accounts for 448. 310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-02-1987
Fiscal year end31-12
Activities, NACEBEL
02012
02200Logging
46610Wholesale trade
28299Manufacture of machinery and equipment not elsewhere classified
29430
47812Retail trade
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.