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SCHAFFRATH J. SRL

Active
Private limited companyfounded 2023active for 3 yearsRue de la Chapelle 6, 6690 Vielsalm, BelgiumKBO/BCE: BE 0797.839.351
Summary

The computed 12-month bankruptcy probability of SCHAFFRATH J. SRL is 4.2% (elevated). The 2025 annual accounts show equity of €4,423 and a net result of -€2,970. Equity has been shrinking by about 15% per year since 2023. Its solvency ranks better than 13% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 31-01-2023 Normal situation
Activity
Painting of buildings NACE 43341and 3 others
Establishment unit
2.341.522.788 6690 Vielsalm, since 31-01-2023
Financial year end
31 December
Peppol
Reachable since 20-11-2025

Board and ownership

Board

Financial position

46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.2%
Annual accounts 2025
Gross margin
€19,783
▼ 15.6%
Turnover
≈ €200,000
estimated
Loss
€2,970
Equity
€4,423
▼ 40.2%
Total assets
€59,444
▼ 24.2%
Score breakdownraises riskFounded in 2023Liquidity: current ratio 0.101 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 05-08-2026)Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 16% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 32-2
equity 7.4% of total assets
Liquidity 22+1
short-term debt 72.1%
Profitability 63-8
return on assets -5.0%
Bankruptcy probability within 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 3.9% 01-2025: 4.1%▲ +0.2 percentage points vs 12-2024 02-2025: 4.1%● unchanged vs 01-2025 03-2025: 4.1%● unchanged vs 02-2025 04-2025: 4.1%● unchanged vs 03-2025 05-2025: 4.1%● unchanged vs 04-2025 06-2025: 4.1%● unchanged vs 05-2025 07-2025: 4.1%● unchanged vs 06-2025 08-2025: 4.6%▲ +0.5 percentage points vs 07-2025 09-2025: 3.2%▼ -1.4 percentage points vs 08-2025 10-2025: 2.9%▼ -0.3 percentage points vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025lowest value 02-2026: 2.9%● unchanged vs 01-2026lowest value 03-2026: 2.9%● unchanged vs 02-2026lowest value 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.1%▲ +0.1 percentage points vs 06-2026 08-2026: 4.8%▲ +1.7 percentage points vs 07-2026highest value 09-2026: 4.8%● unchanged vs 08-2026highest value 10-2026: 4.2%▼ -0.6 percentage points vs 09-2026 11-2026: 4.2%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.1 (0.06 in 2024), below 1. Short-term debt is 72.1% of total assets. 92.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 13% on liquidity, 30% on profitability and 11% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.10
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-08-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 34946 sector peers (2025).
NBB · sector comparison
Position among 34946 sector peers
Solvency
better than 13%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
2 days early
2024
30 days late
2023
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 16 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Less equity than 88% of companies in specialised constructionsector median €57,775 · 34,958 companies €4,423 View

Recent changes

  1. · Gazette deed Registered office moved from Flemalle to VIELSAM rue de la Chapelle
  2. · Gazette deed Purpose
  3. · Gazette deed IncorporationStarting capital €2,000 · Appointment: SCHAFFRATH Jules José Simon Armand Ghislain (director) · Permanent representative: SCHAFFRATH Jules José Simon Armand Ghislain
All 7 events

Comparable companies

These companies have the same main activity as SCHAFFRATH J. SRL: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €50,500 and €67,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
SCHAFFRATH J. SRL Vielsalm€59,444€19,783
G-Paints Genk€57,040€19,062
Vanbeersel Schilderwerken Kinrooi€63,615€19,699
DEBELS BRUNO Kortrijk€59,336€23,465
Schilderwerken Jo Lambrecht Ninove€51,466€18,764
RENOV BY HOME Fosses-la-Ville€50,528€17,389
PAINTPRO Kraainem€66,988€18,256
Full comparison

Key facts about SCHAFFRATH J. SRL

What is the company number of SCHAFFRATH J. SRL?
The company number of SCHAFFRATH J. SRL is 0797.839.351. The VAT number is the same number with BE in front: BE 0797.839.351.
Where is SCHAFFRATH J. SRL based?
The registered office is at Rue de la Chapelle 6, 6690 Vielsalm.Company details
What does SCHAFFRATH J. SRL do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of SCHAFFRATH J. SRL?
The legal form of SCHAFFRATH J. SRL is Private limited company (BV).
When was SCHAFFRATH J. SRL founded?
SCHAFFRATH J. SRL was founded on 31-01-2023.
Is SCHAFFRATH J. SRL still active?
Yes, SCHAFFRATH J. SRL is an active enterprise in the KBO register.
What is the turnover of SCHAFFRATH J. SRL?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €19,783 and 163 comparable companies (NACE 433). It probably lies between €120,000 and €420,000. It is a rough estimate. In financial year 2024 turnover was €0.Financials
Is SCHAFFRATH J. SRL profitable?
In financial year 2025, SCHAFFRATH J. SRL made a loss of €2,970.
Where can I find the annual accounts of SCHAFFRATH J. SRL?
SCHAFFRATH J. SRL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SCHAFFRATH J. SRL due?
SCHAFFRATH J. SRL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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