SCARPINA
ActiveSCARPINA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €454k and a net result of €12k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 88% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.25 against 4.49 in 2024; short-term debt: 22.5% and cash: 10% of total assets), and 22.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.5%
Return on assets
2.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
5 d early
2022
25 d early
2021
26 d late
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 93.2%
2024 · €6k
2018: €8k
2019: €3k
2020: €-18k
2021: €23k
2022: €14k
2023: €10k
2024: €6k
2018 → 2025
Working capital
€430k▲ 2.4%
2024 · €419k
2018: €409k
2019: €407k
2020: €388k
2021: €399k
2022: €406k
2023: €405k
2024: €419k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€411k-€425k▲ 3.5%€435k▲ 2.5%€442k▲ 1.5%€454k▲ 2.8%
Operating result€21k-€25k▲ 17.0%€17k▼ 30.8%€13k▼ 26.1%€24k▲ 86.0%
Net result€23k-€14k▼ 39.4%€10k▼ 26.3%€6k▼ 38.7%€12k▲ 93.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 86% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586k
Fixed assets
€25k▲ 10.3%
Current assets
€562k▲ 4.1%
Equity and liabilities €586k
Equity
€454k▲ 2.8%
Debt
€132k▲ 10.1%
The debt ratio rises from 21.4% to 22.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €21k
Cash flow
€22k▲
2024 · €15k
Solvency
77.5%▼
2024 · 78.6%
Current ratio
4.25▼
2024 · 4.49
Quick ratio
0.80▲
2024 · 0.70
Debt / equity
0.29▲
2024 · 0.27
ROE
2.7%▲
2024 · 1.4%
ROA
2.1%▲
2024 · 1.1%
Interest coverage
6.83▲
2024 · 6.29
Debt
€132k▲
2024 · €120k
Debt ≤ 1 year
€132k▲
2024 · €120k
Income taxes
€9k▲
2024 · €6k
Staff costs
€47k▼
2024 · €48k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€562k€586k▲
Fixed assets21/28€22k€25k▲
Tangible fixed assets22/27€22k€25k▲
Land and buildings22€15k€23k▲
Plant, machinery and equipment23€1k€316▼
Furniture and vehicles24€6k€1k▼
Financial fixed assets28€175€175=
Current assets29/58€540k€562k▲
Stocks and contracts in progress3€455k€456k▲
Stocks30/36€455k€456k▲
Amounts receivable within one year40/41€38k€43k▲
Other amounts receivable41€38k€43k▲
Cash at bank and in hand54/58€42k€59k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€562k€586k▲
Equity10/15€442k€454k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€184k€197k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€178k€190k▲
Profit (loss) carried forward14€196k€196k=
Amounts payable17/49€120k€132k▲
Amounts payable within one year42/48€120k€132k▲
Current portion of amounts payable after more than one year42€1k-
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€69k€78k▲
Suppliers440/4€69k€78k▲
Taxes, remuneration and social security45€48k€52k▲
Taxes450/3€43k€49k▲
Remuneration and social security454/9€5k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€48k€47k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€71k€83k▲
Operating profit (loss)9901€13k€24k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€12k€21k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€6k€12k▲
Profit (loss) for the period to be appropriated9905€6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€202k€208k▲
Profit (loss) brought forward from the previous period14P€196k€196k=
Transfer to equity691/2€6k€12k▲
To other reserves6921€6k€12k▲
Social balance
Average headcount (FTE)90871.41.2▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-18k ▼677%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 42 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Truiden · 2 establishment units since 1983
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.
Stapelstraat 743800 Sint-TruidenGround area
205 m²
Building footprint
205 m²
Volume, LiDAR
1,893 m³
Parcel 71053H0766/00B000, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
SCARPINA
since 19832.022.156.426
SCARPINA
since 20122.206.387.140
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0766/00B000 | Flanders | 205 m² | 2 · 205 m² | 14.8 m · 3 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 1,034 companies in sector 47721 we hold annual accounts for 582. 390 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-03-1983
Fiscal year end31-12
Activities, NACEBEL
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.