Schäfer SB
Open bankruptcyA bankruptcy procedure is open for Schäfer SB according to publications in the Belgian State Gazette; curator: CHRISTOPHE CELIS. The 2022 annual accounts show negative equity (€-287k) and a net result of €-191k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-09-2023, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
59 d late
2021
2 d late
2020
27 d late
2019
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-287k▼ 198%
2021 · €-96k
2018: €61k
2019: €58k
2020: €21k
2021: €-96k
2018 → 2022
Total assets
€230k▼ 54.6%
2021 · €506k
2018: €426k
2019: €475k
2020: €489k
2021: €506k
2018 → 2022
Net result
€-191k▼ 62.8%
2021 · €-117k
2018: €-14k
2019: €-3k
2020: €-37k
2021: €-117k
2018 → 2022
Working capital
€-318k▼ 136%
2021 · €-135k
2018: €38k
2019: €36k
2020: €4k
2021: €-135k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€61k-€58k▼ 4.4%€21k▼ 64.0%€-96k€-287k▼ 198%
Operating result€-10k-€406€-29k€-93k▼ 220%€-139k▼ 48.5%
Net result€-14k-€-3k▲ 81.7%€-37k▼ 1,299%€-117k▼ 216%€-191k▼ 62.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €139k in 2022 against €93k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €230k
Fixed assets
€43k▼ 27.5%
Current assets
€187k▼ 58.1%
Key figures and ratios
EBITDA
€-123k▼
2021 · €-78k
Cash flow
€-174k▼
2021 · €-101k
Solvency
-124.8%▼
2021 · -19.0%
Current ratio
0.37▼
2021 · 0.77
Quick ratio
0.15▼
2021 · 0.17
Debt / equity
-1.80▲
2021 · -6.26
ROA
-82.9%▼
2021 · -23.1%
Interest coverage
-2.34▲
2021 · -2.79
Debt
€517k▼
2021 · €602k
Debt ≤ 1 year
€506k▼
2021 · €582k
Debt > 1 year
€8k▼
2021 · €20k
Income taxes
€569▼
2021 · €704
Staff costs
€125k▼
2021 · €201k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€506k€230k▼
Fixed assets21/28€59k€43k▼
Tangible fixed assets22/27€59k€42k▼
Land and buildings22€14k€13k▼
Furniture and vehicles24€45k€29k▼
Financial fixed assets28€99€99=
Current assets29/58€447k€187k▼
Stocks and contracts in progress3€350k€114k▼
Stocks30/36€350k€114k▼
Amounts receivable within one year40/41€71k€65k▼
Trade receivables40€71k€65k▼
Other amounts receivable41-€83
Cash at bank and in hand54/58€19k€4k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€506k€230k▼
Equity10/15€-96k€-287k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€126€126=
Reserves13€13k€13k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-171k€-362k▼
Amounts payable17/49€602k€517k▼
Amounts payable after more than one year17€20k€8k▼
Financial debts170/4€20k€8k▼
Amounts payable within one year42/48€582k€506k▼
Current portion of amounts payable after more than one year42€11k€13k▲
Financial debts43€75k€75k=
Credit institutions430/8€75k€75k=
Trade debts44€160k€153k▼
Suppliers440/4€160k€153k▼
Taxes, remuneration and social security45€149k€98k▼
Taxes450/3€102k€71k▼
Remuneration and social security454/9€47k€26k▼
Other amounts payable47/48€187k€168k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20212022
Non-recurring operating income76A€3k€8k▲
Remuneration, social security and pensions62€201k€125k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€130k€5k▼
Operating profit (loss)9901€-93k€-139k▼
Financial income75/76B€5k€1k▼
Recurring financial income75€5k€1k▼
Financial charges65/66B€28k€52k▲
Recurring financial charges65€28k€52k▲
Profit (loss) for the period before taxes9903€-116k€-190k▼
Income taxes67/77€704€569▼
Profit (loss) for the period9904€-117k€-191k▼
Profit (loss) for the period to be appropriated9905€-117k€-191k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-171k€-362k▼
Profit (loss) brought forward from the previous period14P€-54k€-171k▼
Social balance
Average headcount (FTE)9087-3.0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
16-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SCHAFER SB NV KLAVER- BLADSTRAAT 17, 3560 LUMMEN · event 09-11-2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet €-191k
Net result drops to €-191k, the lowest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lummen · 1 establishment unit since 1979
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.
Klaverbladstraat 173560 LummenGround area
9,955 m²
Building footprint
3,968 m²
Volume, LiDAR
24,760 m³
Parcel 71037A2182/00K002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SCHAFER S.B. NV
since 19792.016.545.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037A2182/00K002 | Flanders | 9,955 m² | 1 · 3,968 m² | 7.8 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE CELIS GRASBOS 35, 3294 02 DIEST- |
09-11-2023 → present |
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Of 1,228 companies in sector 46851 we hold annual accounts for 515. 118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-06-1979
Fiscal year end31-12
Activities, NACEBEL
46851Wholesale of industrial chemicals
51550
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47300Retail sale of automotive fuel
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.