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SCANTRAX

Active
Public limited companyfounded 1987active for 39 yearsRue des Prés-Fleuris 8, 5660 Couvin, BelgiumKBO/BCE: BE 0430.421.365
Summary

SCANTRAX has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €596,289 and a net result of -€87,998. Equity has been shrinking by about 5.3% per year since 2018. Its solvency ranks better than 22% of 106 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-02-1987 Normal situation
Activity
Logging NACE 02200and 4 others
Establishment unit
2.033.051.506 5660 Couvin, since 01-03-1987
Financial year end
31 December
Peppol
Reachable since 28-01-2026

Board and ownership

Board

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€44,375
▼ 24.3%
Turnover
≈ €160,000
estimated
Loss
€87,998
▲ 5.4%
Equity
€596,289
▼ 12.9%
Total assets
€2.5m
▼ 3.8%
Employees on 31-12-2025
3
▲ 50.0%
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateLiquidity: current ratio 2.87, cash €41,660Loss of €87,998, the second in a row (financial year 2025)lowers riskSize: 1.9 FTE, total assets €2.5mShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 26% of micro companies in forestry (NACE 02)
Financial strength · tick: 2024
Weak
Solvency 49-2
equity 23.9% of total assets
Liquidity 39-1
short-term debt 30.6% · cash 1.7%
Profitability 14-1
return on assets -3.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (532 companies, NACE 02, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -0.4 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.87 (2.91 in 2024), above the usual 1.5. Short-term debt is 30.6% and cash 1.7% of total assets. However, 76.1% of the assets are financed with debt and provisions.
Calculation

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 02, micro). It does better than 32% of them on solvency, 32% on liquidity, 16% on profitability and 23% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 2.87, cash €41,660
NBB · annual accounts
raises risk · Loss of €87,998, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: 1.9 FTE, total assets €2.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€87,998
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 106 sector peers (2025).
NBB · sector comparison
Position among 106 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
74 days late
2023
40 days late
2022
68 days late
2021
82 days late
2020
114 days late
2019
130 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 81 days after the deadline. In the sector (NACE 02), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 87% of companies in forestrysector median €40,662 · 106 companies -€87,998 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€87,998 View

Recent changes

  1. · Gazette deed Reappointments: Robert DUFRENOIS (director) and Marie-Christine TRACZ (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as SCANTRAX: logging (NACE 02200). They are comparable in size and age: total assets between €789,000 and €10m, founded between 1975 and 1996.

CompanyTotal assetsGross margin
SCANTRAX Couvin€2.5m€0.04m
DOMEIN MUNKEBOSSEN Brussel€7.5m€0.09m
EUROPEAN FORESTRY MANAGEMENT Kinrooi€2.8m€0.2m
Houthandel De Spiegelaere Oostkamp€1.3m€0.1m
Comptoir Famennois du Bois Namur€1.1m€0.1m
EUROBOIS SA Herstal€0.8m€0.08m
HOLZ NIESSEN Amel€10.0m€0.06m
Full comparison

Key facts about SCANTRAX

What is the company number of SCANTRAX?
The company number of SCANTRAX is 0430.421.365. The VAT number is the same number with BE in front: BE 0430.421.365.
Where is SCANTRAX based?
The registered office is at Rue des Prés-Fleuris 8, 5660 Couvin.Company details
What does SCANTRAX do?
According to the KBO register, the main activity is logging (NACE 02200).
What is the legal form of SCANTRAX?
The legal form of SCANTRAX is Public limited company (NV).
When was SCANTRAX founded?
SCANTRAX was founded on 05-02-1987.
Is SCANTRAX still active?
Yes, SCANTRAX is an active enterprise in the KBO register.
How many employees does SCANTRAX have?
SCANTRAX had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SCANTRAX?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €44,375 and 1,225 comparable companies of the same size. It probably lies between €84,000 and €300,000. It is a rough estimate. In financial year 2019 turnover was €2.2m.
Is SCANTRAX profitable?
In financial year 2025, SCANTRAX made a loss of €87,998.
Where can I find the annual accounts of SCANTRAX?
SCANTRAX filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SCANTRAX due?
SCANTRAX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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