SCG Projecten
ActiveSummary
SCG Projecten has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €17k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency95▲+51
Growth68▲+30
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 0.73 in 2023; short-term debt: 29.6% and cash: 44.6% of total assets), and 29.6% 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○neutral
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
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
70.4%
Return on assets
64.3%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €19k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
40 d early
2022
28 d early
2021
34 d early
2020
26 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€4k▲ 4.5%
2019 · €4k
2019: €4k
2020: €4k▲ +4.5% vs 2019
2019 → 2020
EBIT margin
-25.3%▲ 27.5pp
2019 · -52.8%
2019: -52.8%
2020: -25.3%▲ +52.1% vs 2019
2019 → 2020
Net result
€17k
2023 · €-5k
2018: €-2k
2019: €-2k▼ -21.8% vs 2018
2020: €-1k▲ +47.2% vs 2019
2021: €-1k▼ -3.3% vs 2020
2022: €541▲ +143% vs 2021
2023: €-5k▼ -973% vs 2022lowest in 7 years
2024: €17k▲ +460% vs 2023highest in 7 years
2018 → 2024
Working capital
€14k
2023 · €-2k
2018: €5k
2019: €6k▲ +16.1% vs 2018
2020: €5k▼ -6.8% vs 2019
2021: €5k▲ +0.5% vs 2020
2022: €6k▲ +9.6% vs 2021
2023: €-2k▼ -132% vs 2022lowest in 7 years
2024: €14k▲ +829% vs 2023highest 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€4k-
Equity€6k-€6k▼ 4.5%€6k▲ 9.4%€2k▼ 74.6%€19k▲ 1,056%
2020: €6k
2021: €6k▼ -4.5% vs 2020
2022: €6k▲ +9.4% vs 2021
2023: €2k▼ -74.6% vs 2022lowest in 5 years
2024: €19k▲ +1056% vs 2023highest in 5 years
Operating result€-1k-€-1k▼ 3.4%€666€-5k€21k
2020: €-1k
2021: €-1k▼ -3.4% vs 2020
2022: €666▲ +158% vs 2021
2023: €-5k▼ -790% vs 2022lowest in 5 years
2024: €21k▲ +558% vs 2023highest in 5 years
Net result€-1k-€-1k▼ 3.3%€541€-5k€17k
2020: €-1k
2021: €-1k▼ -3.3% vs 2020
2022: €541▲ +143% vs 2021
2023: €-5k▼ -973% vs 2022lowest in 5 years
2024: €17k▲ +460% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €21k after a loss of €5k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26k
Fixed assets
€5k ▲ 35.8%
Current assets
€22k ▲ 331%
Equity and liabilities €26k
Equity
€19k ▲ 1,056%
Debt
€8k ▲ 13.1%
Debt's share of the balance-sheet total falls from 81.1% to 29.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k
Cash flow
€19k
Current ratio
2.77▲
2023 · 0.73
Quick ratio
2.70▲
2023 · 0.73
Debt to equity
0.42▼
2023 · 4.30
ROE
91.4%▲
2023 · -293.8%
ROA
64.3%▲
2023 · -55.4%
Interest coverage
142.89
Debt ≤ 1 year
€8k▲
2023 · €7k
Income taxes
€4k▲
2023 · €0
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€9k€26k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€4k€5k▲
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€0-
Current assets29/58€5k€22k▲
Stocks and contracts in progress3€0€525▲
Stocks30/36€0€525▲
Amounts receivable within one year40/41€961€9k▲
Trade receivables40€0€4k▲
Other amounts receivable41€961€5k▲
Cash at bank and in hand54/58€4k€12k▲
Deferred charges and accrued income490/1€0€306▲
Equity and liabilities
Total equity and liabilities10/49€9k€26k▲
Equity10/15€2k€19k▲
Contributions10/11€10k€10k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-10k€7k▲
Amounts payable17/49€7k€8k▲
Amounts payable within one year42/48€7k€8k▲
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€0€0=
Taxes450/3€0€0=
Remuneration and social security454/9-€0
Other amounts payable47/48€0€6k▲
Income statement
Code20232024
Non-recurring operating income76A€2-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€580€1k▲
Gross operating margin9900€-4k€25k▲
Operating profit (loss)9901€-5k€21k▲
Financial income75/76B€1€58▲
Recurring financial income75€1€58▲
Financial charges65/66B€120€163▲
Recurring financial charges65€120€163▲
Profit (loss) for the period before taxes9903€-5k€21k▲
Income taxes67/77€0€4k▲
Profit (loss) for the period9904€-5k€17k▲
Profit (loss) for the period to be appropriated9905€-5k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€7k▲
Profit (loss) brought forward from the previous period14P€-5k€-10k▼
The notes to these accounts (5 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 | €4k | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €2 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €735 | €300 | €144 | - | €2k | - |
| Other operating charges640/8 | - | €523 | €526 | €580 | €1k | ▲ 125% |
| Gross operating margin9900 | €144 | €-326 | €1k | €-4k | €25k | ▲ 713% |
| Operating profit (loss)9901 | €-1k | €-1k | €666 | €-5k | €21k | ▲ 558% |
| Financial income75/76B | - | - | - | €1 | €58 | ▲ 5,616% |
| Recurring financial income75 | €3 | - | - | €1 | €58 | ▲ 5,616% |
| Financial charges65/66B | - | €122 | €125 | €120 | €163 | ▲ 36.0% |
| Recurring financial charges65 | €122 | €122 | €125 | €120 | €163 | ▲ 36.0% |
| Profit (loss) for the period before taxes9903 | €-1k | €-1k | €541 | €-5k | €21k | ▲ 544% |
| Income taxes67/77 | - | - | - | €0 | €4k | ▲ 2,851,157% |
| Profit (loss) for the period9904 | €-1k | €-1k | €541 | €-5k | €17k | ▲ 460% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-1k | €541 | €-5k | €17k | ▲ 460% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15k | €16k | €16k | €9k | €26k | ▲ 210% |
| Fixed assets21/28 | €653 | €353 | €373 | €4k | €5k | ▲ 35.8% |
| Tangible fixed assets22/27 | €653 | €353 | €373 | €4k | €5k | ▲ 35.8% |
| Plant, machinery and equipment23 | - | €353 | €373 | €1k | €4k | ▲ 250% |
| Furniture and vehicles24 | - | €0 | €0 | €3k | €1k | ▼ 50.0% |
| Financial fixed assets28 | €0 | - | €0 | €0 | - | - |
| Current assets29/58 | €14k | €15k | €16k | €5k | €22k | ▲ 331% |
| Stocks and contracts in progress3 | €6k | €6k | €5k | €0 | €525 | - |
| Stocks30/36 | - | €6k | €5k | €0 | €525 | - |
| Amounts receivable within one year40/41 | €1k | €864 | €407 | €961 | €9k | ▲ 841% |
| Trade receivables40 | - | €680 | €64 | €0 | €4k | - |
| Other amounts receivable41 | - | €184 | €343 | €961 | €5k | ▲ 422% |
| Cash at bank and in hand54/58 | €7k | €8k | €10k | €4k | €12k | ▲ 190% |
| Deferred charges and accrued income490/1 | - | €319 | €328 | €0 | €306 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15k | €16k | €16k | €9k | €26k | ▲ 210% |
| Equity10/15 | €6k | €6k | €6k | €2k | €19k | ▲ 1,056% |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-5k | €-6k | €-5k | €-10k | €7k | ▲ 170% |
| Amounts payable17/49 | €9k | €10k | €10k | €7k | €8k | ▲ 13.1% |
| Amounts payable within one year42/48 | €9k | €10k | €10k | €7k | €8k | ▲ 13.1% |
| Trade debts44 | €284 | €2k | €123 | €7k | €2k | ▼ 68.0% |
| Suppliers440/4 | - | €2k | €123 | €7k | €2k | ▼ 68.0% |
| Taxes, remuneration and social security45 | - | €0 | €0 | €0 | €0 | - |
| Taxes450/3 | - | €0 | €0 | €0 | €0 | - |
| Remuneration and social security454/9 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | - | €7k | €10k | €0 | €6k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-1k | €541 | €-5k | €17k | ▲ 460% |
| + Depreciation and write-downs630 | €735 | €300 | €144 | - | €2k | - |
| Operating cash flow (approximation) | €-496 | €-971 | €685 | €-5k | €19k | ▲ 507% |
| Investment in fixed assets (approximation) | - | €0 | €-164 | €-3k | €-4k | ▼ 12.3% |
| Change in cash | - | €1k | €2k | €-6k | €8k | ▲ 229% |
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
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.77
Current ratio from 0.73 to 2.77.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €541
Net result €541 after 4 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oostende · 1 establishment unit since 2008
Ground area
129 m²
Building footprint
68 m²
Volume, LiDAR
689 m³
Parcel 35383C0311/00G018, Flanders · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SCG Projecten
since 20082.168.257.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35383C0311/00G018 | Flanders | 129 m² | 1 · 68 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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. 7,048 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
Founded24-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43110Demolition
43120Site preparation
43230Insulation installation
43350Other building finishing work
43910Bricklaying and masonry work
Contact
Phone
0486275567Oostende
Scores and ratios are computed by Checked and are not a credit decision.