SCH SERVICES
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 30-09-2025 PDF all 30 filings
Every figure per financial year
The operating result for 2024 is a loss of €4,623, smaller than the loss of €12,042 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Mortgages, amount registered | - | €50,000 | - | - |
| Mortgage mandates | - | €1.7m | - | - |
| Carrying value of the mortgaged assets | - | €649,022 | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Financial fixed assets | - | €10,000 | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€140,425 | - | - | - |
| Other operating charges640/8 | - | - | - | €603 | €303 | €165 | - | - |
| Gross operating margin9900 | -€605 | €128,085 | €257,519 | €39,595 | -€135,184 | -€11,877 | -€4,623 | ▲ 61.1% |
| Operating profit (loss)9901 | -€738 | €122,821 | €86,480 | €38,992 | €4,938 | -€12,042 | -€4,623 | ▲ 61.6% |
| Financial income75/76B | - | - | - | €3 | €3,443 | - | - | - |
| Recurring financial income75 | - | - | €369 | €3 | €3,443 | - | - | - |
| Financial charges65/66B | - | - | - | €78,215 | €53,034 | €17 | €87 | ▲ 399% |
| Recurring financial charges65 | €1,158 | €23,304 | €59,161 | €69,343 | €53,034 | €17 | €87 | ▲ 399% |
| Non-recurring financial charges66B | - | - | - | €8,872 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,897 | €99,517 | €27,688 | -€39,220 | -€44,652 | -€12,059 | -€4,710 | ▲ 60.9% |
| Income taxes67/77 | - | €30,483 | €24,560 | - | -€24,560 | - | - | - |
| Profit (loss) for the period9904 | -€1,897 | €69,034 | €3,128 | -€39,220 | -€20,092 | -€12,059 | -€4,710 | ▲ 60.9% |
| Profit (loss) for the period to be appropriated9905 | -€1,897 | €69,034 | €3,128 | -€39,220 | -€20,092 | -€12,059 | -€4,710 | ▲ 60.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.5m | €1.3m | €2.1m | €2.6m | €0.7m | €0.9m | €0.9m | ▲ 1.3% |
| Formation expenses20 | - | - | - | - | €0 | - | - | - |
| Fixed assets21/28 | - | - | - | - | €0.01m | - | - | - |
| Financial fixed assets28 | - | - | - | - | €0.01m | - | - | - |
| Current assets29/58 | €0.5m | €1.3m | €2.1m | €2.6m | €0.7m | €0.9m | €0.9m | ▲ 1.3% |
| Stocks and contracts in progress3 | €0.5m | €1.2m | €2.0m | €2.6m | €0.7m | €0.8m | €0.8m | = |
| Stocks30/36 | - | - | - | €2.6m | €0.7m | €0.8m | €0.8m | = |
| Amounts receivable within one year40/41 | €0.003m | €0.1m | €0.09m | €0.005m | - | €0.07m | €0.1m | ▲ 68.4% |
| Trade receivables40 | - | - | - | - | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | €0.005m | - | €0.07m | €0.1m | ▲ 66.3% |
| Cash at bank and in hand54/58 | €5 | €26 | €16 | €0.001m | €0.01m | €0.05m | €0.02m | ▼ 66.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.5m | €1.3m | €2.1m | €2.6m | €0.7m | €0.9m | €0.9m | ▲ 1.3% |
| Equity10/15 | -€0.005m | €0.06m | €0.07m | €0.03m | €0.007m | -€0.05m | -€0.05m | ▼ 10.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.04m | €0.04m | €0.04m | €0.04m | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.04m | €0.04m | - | - | - |
| Profit (loss) carried forward14 | -€0.03m | €0.003m | €0.006m | -€0.03m | -€0.05m | -€0.07m | -€0.07m | ▼ 7.2% |
| Provisions and deferred taxes16 | - | - | €0.1m | €0.1m | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.1m | - | - | - | - |
| Environmental obligations163 | - | - | - | €0.1m | - | - | - | - |
| Amounts payable17/49 | €0.5m | €1.2m | €1.8m | €2.4m | €0.7m | €0.9m | €1.0m | ▲ 1.7% |
| Amounts payable after more than one year17 | €0.3m | €0.1m | €1.6m | €2.2m | €0.1m | - | - | - |
| Financial debts170/4 | - | - | - | €2.0m | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €0.3m | €0.1m | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €1.1m | €0.2m | €0.2m | €0.6m | €0.9m | €1.0m | ▲ 1.7% |
| Trade debts44 | €0.008m | €0.008m | €0.02m | €0.02m | €0.09m | €0.3m | €0.3m | ▲ 11.5% |
| Suppliers440/4 | - | - | - | €0.02m | €0.09m | €0.3m | €0.3m | ▲ 11.5% |
| Advances received on contracts in progress46 | - | - | - | €0.04m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.04m | - | - | - |
| Taxes450/3 | - | - | - | €0.02m | €0.04m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.4m | €0.7m | €0.7m | ▼ 1.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,897 | €69,034 | €3,128 | -€39,220 | -€20,092 | -€12,059 | -€4,710 | ▲ 60.9% |
| Operating cash flow (approximation) | -€1,897 | €69,034 | €3,128 | -€39,220 | -€20,092 | -€12,059 | -€4,710 | ▲ 60.9% |
| Change in cash | - | €21 | -€10 | €1,144 | €8,352 | €43,973 | -€35,567 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,242 companies had the same profile as SCH SERVICES has now. Two years later, 92.8% were still going and 1.9% had gone bankrupt.
- Small
- 20 years or older
- negative equity
- a small loss
Another 1.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SCH SERVICES itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,242 companies, not a prediction for SCH SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00519662 | |
| 31-12-2023 | micro format | 19-11-2024 | 2024-00601553 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00415144 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20391659 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74500345 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48700213 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59200159 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59900086 | |
| 31-12-2016 | micro format | 22-09-2017 | 2017-62200008 | |
| 31-12-2015 | full format | 26-05-2016 | 2016-13500453 |