SCAPE PROJECTS
ActiveSummary
SCAPE PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.03M and a net result of €158k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-2
Solvency74▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.55 in 2023; short-term debt: 15.2% and cash: 0.1% of total assets), and 51.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.6%
Return on assets
7.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-04-2026, 257 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
257 d late
2023
133 d late
2022
30 d late
2021
31 d late
2020
89 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€277k
EBIT margin
27.7%
Net result
€158k▼ 4.9%
2023 · €166k
2018: €24klowest in 7 years
2019: €98k▲ +313% vs 2018
2020: €44k▼ -54.9% vs 2019
2021: €73k▲ +66.6% vs 2020
2022: €181k▲ +147% vs 2021highest in 7 years
2023: €166k▼ -8.4% vs 2022
2024: €158k▼ -4.9% vs 2023
2018 → 2024
Working capital
€16k▼ 90.5%
2023 · €172k
2018: €47k
2019: €95k▲ +100% vs 2018
2020: €60k▼ -36.6% vs 2019
2021: €147k▲ +144% vs 2020
2022: €149k▲ +1.5% vs 2021
2023: €172k▲ +15.4% vs 2022highest in 7 years
2024: €16k▼ -90.5% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€277k-
Equity€448k-€522k▲ 16.4%€703k▲ 34.7%€869k▲ 23.6%€1.03M▲ 18.2%
2020: €448klowest in 5 years
2021: €522k▲ +16.4% vs 2020
2022: €703k▲ +34.7% vs 2021
2023: €869k▲ +23.6% vs 2022
2024: €1.03M▲ +18.2% vs 2023highest in 5 years
Operating result€77k-€125k▲ 63.7%€261k▲ 108%€263k▲ 0.8%€286k▲ 8.7%
2020: €77klowest in 5 years
2021: €125k▲ +63.7% vs 2020
2022: €261k▲ +108% vs 2021
2023: €263k▲ +0.8% vs 2022
2024: €286k▲ +8.7% vs 2023highest in 5 years
Net result€44k-€73k▲ 66.6%€181k▲ 147%€166k▼ 8.4%€158k▼ 4.9%
2020: €44klowest in 5 years
2021: €73k▲ +66.6% vs 2020
2022: €181k▲ +147% vs 2021highest in 5 years
2023: €166k▼ -8.4% vs 2022
2024: €158k▼ -4.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.11M
Fixed assets
€1.78M ▲ 30.5%
Current assets
€337k ▼ 30.6%
Equity and liabilities €2.11M
Equity
€1.03M ▲ 18.2%
Debt
€1.09M ▲ 11.1%
Debt's share of the balance-sheet total falls from 53.0% to 51.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€390k▲
2023 · €348k
Cash flow
€262k▲
2023 · €251k
Current ratio
1.05▼
2023 · 1.55
Debt to equity
1.06▼
2023 · 1.13
ROE
15.4%▼
2023 · 19.1%
ROA
7.5%▼
2023 · 9.0%
Interest coverage
7.35▼
2023 · 18.67
Debt ≤ 1 year
€321k▲
2023 · €315k
Debt > 1 year
€760k▲
2023 · €660k
Income taxes
€84k▼
2023 · €85k
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.85M€2.11M▲
Fixed assets21/28€1.36M€1.78M▲
Tangible fixed assets22/27€1.36M€1.77M▲
Land and buildings22€1.25M€1.38M▲
Plant, machinery and equipment23€57k€337k▲
Furniture and vehicles24€56k€58k▲
Financial fixed assets28€1k€1k=
Current assets29/58€486k€337k▼
Amounts receivable within one year40/41€229k€332k▲
Trade receivables40€103k€155k▲
Other amounts receivable41€126k€177k▲
Cash at bank and in hand54/58€251k€2k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.85M€2.11M▲
Equity10/15€869k€1.03M▲
Contributions10/11€19k€19k=
Reserves13€850k€1.01M▲
Distributable reserves133€850k€1.01M▲
Amounts payable17/49€978k€1.09M▲
Amounts payable after more than one year17€660k€760k▲
Financial debts170/4€660k€760k▲
Amounts payable within one year42/48€315k€321k▲
Current portion of amounts payable after more than one year42€47k€63k▲
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€20k€89k▲
Suppliers440/4€20k€89k▲
Taxes, remuneration and social security45€148k€169k▲
Taxes450/3€147k€169k▲
Remuneration and social security454/9€1k-
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20232024
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€104k▲
Other operating charges640/8€66k€904▼
Gross operating margin9900€415k€391k▼
Operating profit (loss)9901€263k€286k▲
Financial income75/76B€6k€9k▲
Recurring financial income75€6k€9k▲
Financial charges65/66B€19k€53k▲
Recurring financial charges65€19k€53k▲
Profit (loss) for the period before taxes9903€251k€242k▼
Income taxes67/77€85k€84k▼
Profit (loss) for the period9904€166k€158k▼
Profit (loss) for the period to be appropriated9905€166k€158k▼
Appropriation of the result
Profit (loss) to be appropriated9906€166k€158k▼
Transfer to equity691/2€166k€158k▼
To other reserves6921€166k€158k▼
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €277k | - | - | - | - | - |
| Non-recurring operating income76A | - | €5k | - | - | €9k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61k | €64k | €79k | €85k | €104k | ▲ 21.9% |
| Other operating charges640/8 | - | €14k | €6k | €66k | €904 | ▼ 98.6% |
| Gross operating margin9900 | €143k | €203k | €346k | €415k | €391k | ▼ 5.7% |
| Operating profit (loss)9901 | €77k | €125k | €261k | €263k | €286k | ▲ 8.7% |
| Financial income75/76B | - | €6k | €6k | €6k | €9k | ▲ 40.7% |
| Recurring financial income75 | €11k | €6k | €6k | €6k | €9k | ▲ 40.7% |
| Financial charges65/66B | - | €9k | €9k | €19k | €53k | ▲ 184% |
| Recurring financial charges65 | €23k | €9k | €9k | €19k | €53k | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €64k | €122k | €258k | €251k | €242k | ▼ 3.6% |
| Income taxes67/77 | €20k | €49k | €77k | €85k | €84k | ▼ 0.9% |
| Profit (loss) for the period9904 | €44k | €73k | €181k | €166k | €158k | ▼ 4.9% |
| Profit (loss) for the period to be appropriated9905 | €44k | €73k | €181k | €166k | €158k | ▼ 4.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €648k | €877k | €1.15M | €1.85M | €2.11M | ▲ 14.4% |
| Fixed assets21/28 | €503k | €587k | €823k | €1.36M | €1.78M | ▲ 30.5% |
| Tangible fixed assets22/27 | €502k | €586k | €822k | €1.36M | €1.77M | ▲ 30.6% |
| Land and buildings22 | - | €475k | €720k | €1.25M | €1.38M | ▲ 10.7% |
| Plant, machinery and equipment23 | - | €103k | €89k | €57k | €337k | ▲ 494% |
| Furniture and vehicles24 | - | €9k | €13k | €56k | €58k | ▲ 3.4% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €145k | €289k | €332k | €486k | €337k | ▼ 30.6% |
| Amounts receivable within one year40/41 | €119k | €232k | €258k | €229k | €332k | ▲ 44.8% |
| Trade receivables40 | - | €124k | €150k | €103k | €155k | ▲ 50.3% |
| Other amounts receivable41 | - | €109k | €108k | €126k | €177k | ▲ 40.3% |
| Cash at bank and in hand54/58 | €23k | €54k | €70k | €251k | €2k | ▼ 99.3% |
| Deferred charges and accrued income490/1 | - | €3k | €4k | €6k | €4k | ▼ 33.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €648k | €877k | €1.15M | €1.85M | €2.11M | ▲ 14.4% |
| Equity10/15 | €448k | €522k | €703k | €869k | €1.03M | ▲ 18.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €430k | €503k | €684k | €850k | €1.01M | ▲ 18.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €501k | €682k | €850k | €1.01M | ▲ 18.6% |
| Amounts payable17/49 | €200k | €355k | €452k | €978k | €1.09M | ▲ 11.1% |
| Amounts payable after more than one year17 | €112k | €209k | €262k | €660k | €760k | ▲ 15.2% |
| Financial debts170/4 | - | €209k | €262k | €660k | €760k | ▲ 15.2% |
| Amounts payable within one year42/48 | €85k | €143k | €183k | €315k | €321k | ▲ 2.1% |
| Current portion of amounts payable after more than one year42 | - | €35k | €26k | €47k | €63k | ▲ 35.1% |
| Financial debts43 | - | - | - | €100k | - | - |
| Credit institutions430/8 | - | - | - | €100k | - | - |
| Trade debts44 | €28k | €56k | €59k | €20k | €89k | ▲ 344% |
| Suppliers440/4 | - | €56k | €59k | €20k | €89k | ▲ 344% |
| Taxes, remuneration and social security45 | - | €52k | €97k | €148k | €169k | ▲ 14.1% |
| Taxes450/3 | - | €52k | €94k | €147k | €169k | ▲ 15.1% |
| Remuneration and social security454/9 | - | €378 | €3k | €1k | - | - |
| Accrued charges and deferred income492/3 | - | €3k | €7k | €3k | €6k | ▲ 68.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44k | €73k | €181k | €166k | €158k | ▼ 4.9% |
| + Depreciation and write-downs630 | €61k | €64k | €79k | €85k | €104k | ▲ 21.9% |
| Operating cash flow (approximation) | €105k | €137k | €260k | €251k | €262k | ▲ 4.2% |
| Investment in fixed assets (approximation) | - | €-148k | €-315k | €-622k | €-519k | ▲ 16.5% |
| Change in cash | - | €31k | €15k | €182k | €-250k | ▼ 237% |
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
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 257 days late
2024
31-12
Financial
Equity above €1MEq €1.03M ▲18.2%
7 profitable years in a row build equity to €1.03M.
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 133 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €181k ▲147%
Net result €181k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €500kEq €522k ▲16.4%
4 profitable years in a row build equity to €522k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 378 days late
16-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 686 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 365 days late
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 88 days late
Financial milestoneNBB 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, Nieuwerkerken (Limb.) · 2 establishment units since 2007
Ground area
1,167 m²
Building footprint
323 m²
Volume, LiDAR
1,770 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SCAPE PROJECTS
since 20072.303.806.517
Industriestraat 10, 3560 Lummen
since 20212.316.665.648
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71006B0091/00V000 | Flanders | 690 m² | 1 · 145 m² | 11.9 m · 3 fl. |
| 71037A1447/00R000 | Flanders | 477 m² | 1 · 178 m² | 8.0 m · 1 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.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 4,578 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
Founded26-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47527Retail trade
Scores and ratios are computed by Checked and are not a credit decision.