Schaft
ActiveSummary
The computed 12-month bankruptcy probability of Schaft is 4.5% (elevated). The 2025 annual accounts show negative equity (-€117,124) and a net result of -€4,349. Equity is shrinking by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 3757 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+6
Solvency8▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.18 in 2024; short-term debt: 52.5% and cash: 7.4% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-17.2%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€117,124
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
7 d early
2023
27 d late
2022
41 d early
2021
30 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€117,124▼ 3.9%
2024 · -€112,774
Total assets
€681,730▼ 8.4%
2024 · €744,315
Net result
-€4,349
2024 · €5,148
Working capital
-€284,841▲ 4.2%
2024 · -€297,259
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€8,062▲ 41.2%€3,930-€52,037€23,533€8,324▼ 64.6%
Net result-€20,485▼ 41.1%-€20,569▼ 0.4%-€67,349▼ 227%€5,148-€4,349
Equity-€30,004▼ 215%-€50,573▼ 68.6%-€117,922▼ 133%-€112,774▲ 4.4%-€117,124▼ 3.9%
Total assets€865,557▲ 206%€835,292▼ 3.5%€795,744▼ 4.7%€744,315▼ 6.5%€681,730▼ 8.4%
Debt€895,561▲ 206%€885,865▼ 1.1%€913,667▲ 3.1%€857,089▼ 6.2%€798,854▼ 6.8%
Working capital-€244,403▼ 246%-€272,475▼ 11.5%-€327,946▼ 20.4%-€297,259▲ 9.4%-€284,841▲ 4.2%
Staff (FTE)0.82.8▲ 250%3.6▲ 28.6%4▲ 11.1%3.4▼ 15.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Total assets +206% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681,730
Fixed assets
€608,867 ▼ 10.4%
Current assets
€72,864 ▲ 12.9%
Key figures and ratios
EBITDA
€79,253▼
2024 · €94,191
Cash flow
€66,579▼
2024 · €75,807
Solvency
-17.2%▼
2024 · -15.2%
Current ratio
0.20▲
2024 · 0.18
Quick ratio
0.15▲
2024 · 0.13
Debt to equity
-6.82▲
2024 · -7.60
ROA
-0.6%▼
2024 · 0.7%
Interest coverage
6.13▲
2024 · 5.09
Debt ≤ 1 year
€357,705▼
2024 · €361,779
Debt > 1 year
€441,149▼
2024 · €495,310
Income taxes
€48
Staff costs
€166,257▼
2024 · €167,672
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
4.6%
went bankrupt
5.6%
stopped otherwise
88%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,570 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €42,477 | €85,199 | €119,937 | €167,672 | €166,257 | ▼ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,606 | €66,702 | €68,831 | €70,658 | €70,928 | ▲ 0.4% |
| Other operating charges640/8 | €25,338 | €1,047 | €1,528 | €895 | €2,051 | ▲ 129% |
| Gross operating margin9900 | €92,359 | €156,879 | €138,258 | €262,758 | €247,561 | ▼ 5.8% |
| Operating profit (loss)9901 | -€8,062 | €3,930 | -€52,037 | €23,533 | €8,324 | ▼ 64.6% |
| Financial income75/76B | - | - | €84 | €127 | €293 | ▲ 130% |
| Recurring financial income75 | - | - | €84 | €127 | €293 | ▲ 130% |
| Financial charges65/66B | €12,423 | €24,500 | €15,371 | €18,512 | €12,919 | ▼ 30.2% |
| Recurring financial charges65 | €12,423 | €24,500 | €15,371 | €18,512 | €12,919 | ▼ 30.2% |
| Profit (loss) for the period before taxes9903 | -€20,485 | -€20,569 | -€67,324 | €5,148 | -€4,302 | ▼ 184% |
| Income taxes67/77 | - | - | €25 | - | €48 | - |
| Profit (loss) for the period9904 | -€20,485 | -€20,569 | -€67,349 | €5,148 | -€4,349 | ▼ 184% |
| Profit (loss) for the period to be appropriated9905 | -€20,485 | -€20,569 | -€67,349 | €5,148 | -€4,349 | ▼ 184% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €865,557 | €835,292 | €795,744 | €744,315 | €681,730 | ▼ 8.4% |
| Formation expenses20 | €700 | €466 | €233 | - | - | - |
| Fixed assets21/28 | €828,374 | €796,518 | €748,101 | €679,795 | €608,867 | ▼ 10.4% |
| Intangible fixed assets21 | €6,000 | €4,500 | €3,000 | €1,500 | - | - |
| Tangible fixed assets22/27 | €822,374 | €792,018 | €745,101 | €678,295 | €608,867 | ▼ 10.2% |
| Land and buildings22 | €712,385 | €698,866 | €658,851 | €618,835 | €578,820 | ▼ 6.5% |
| Plant, machinery and equipment23 | €9,999 | €15,179 | €28,760 | €23,359 | €15,662 | ▼ 32.9% |
| Furniture and vehicles24 | €17,475 | €13,259 | €10,576 | €6,987 | €3,071 | ▼ 56.1% |
| Leasing and similar rights25 | - | - | €46,914 | €29,114 | €11,314 | ▼ 61.1% |
| Other tangible fixed assets26 | €82,514 | €64,714 | - | - | - | - |
| Current assets29/58 | €36,484 | €38,307 | €47,410 | €64,520 | €72,864 | ▲ 12.9% |
| Stocks and contracts in progress3 | €13,001 | €12,500 | €15,468 | €18,373 | €18,393 | ▲ 0.1% |
| Stocks30/36 | €13,001 | €12,500 | €15,468 | €18,373 | €18,393 | ▲ 0.1% |
| Amounts receivable within one year40/41 | €2,938 | €343 | - | - | - | - |
| Other amounts receivable41 | €2,938 | €343 | - | - | - | - |
| Cash at bank and in hand54/58 | €20,545 | €24,184 | €31,375 | €43,823 | €50,781 | ▲ 15.9% |
| Deferred charges and accrued income490/1 | - | €1,280 | €567 | €2,324 | €3,690 | ▲ 58.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €865,557 | €835,292 | €795,744 | €744,315 | €681,730 | ▼ 8.4% |
| Equity10/15 | -€30,004 | -€50,573 | -€117,922 | -€112,774 | -€117,124 | ▼ 3.9% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€35,004 | -€55,573 | -€122,922 | -€117,774 | -€122,124 | ▼ 3.7% |
| Amounts payable17/49 | €895,561 | €885,865 | €913,667 | €857,089 | €798,854 | ▼ 6.8% |
| Amounts payable after more than one year17 | €614,674 | €575,082 | €538,310 | €495,310 | €441,149 | ▼ 10.9% |
| Financial debts170/4 | €614,674 | €575,082 | €538,310 | €495,310 | €441,149 | ▼ 10.9% |
| Amounts payable within one year42/48 | €280,887 | €310,782 | €375,356 | €361,779 | €357,705 | ▼ 1.1% |
| Current portion of amounts payable after more than one year42 | €43,152 | €61,788 | €67,369 | €59,272 | €13,056 | ▼ 78.0% |
| Financial debts43 | €15,884 | €37,042 | - | - | €41,249 | - |
| Credit institutions430/8 | €15,884 | €37,042 | - | - | €41,249 | - |
| Trade debts44 | €42,215 | €31,766 | €53,905 | €31,264 | €44,707 | ▲ 43.0% |
| Suppliers440/4 | €42,215 | €31,766 | €53,905 | €31,264 | €44,707 | ▲ 43.0% |
| Taxes, remuneration and social security45 | €7,465 | €16,075 | €15,618 | €28,406 | €26,906 | ▼ 5.3% |
| Taxes450/3 | - | €1,662 | €1,441 | €6,572 | €5,390 | ▼ 18.0% |
| Remuneration and social security454/9 | €7,465 | €14,414 | €14,177 | €21,835 | €21,517 | ▼ 1.5% |
| Other amounts payable47/48 | €172,171 | €164,111 | €238,464 | €242,836 | €231,786 | ▼ 4.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,485 | -€20,569 | -€67,349 | €5,148 | -€4,349 | ▼ 184% |
| + Depreciation and write-downs630 | €32,606 | €66,702 | €68,831 | €70,658 | €70,928 | ▲ 0.4% |
| Operating cash flow (approximation) | €12,121 | €46,133 | €1,482 | €75,807 | €66,579 | ▼ 12.2% |
| Investment in fixed assets (approximation) | - | -€34,846 | -€20,414 | -€2,352 | €0 | ▲ 100% |
| Change in cash | - | €3,639 | €7,191 | €12,448 | €6,958 | ▼ 44.1% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €5,148
Net result €5,148 after 4 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet -€67,349
Net result drops to -€67,349, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Mol · 1 establishment unit since 2020
Ground area
1,342 m²
Building footprint
91 m²
Volume, LiDAR
219 m³
Parcel 13435D0222/00F000, Flanders · tallest building 3.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schaft
since 20202.299.586.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435D0222/00F000 | Flanders | 1,342 m² | 1 · 91 m² | 3.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 4,472 EUR awarded · 4,472 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 4,472 EUR | 4,472 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMol2.299.586.126
Similar companies · same sector, comparable size
CHANRY
BE 0438.018.742
Hasselt · FTE 3.4
Huyze Bosmans
BE 0463.608.035
Boortmeerbeek · FTE 3.4
Al Bacha
BE 0502.587.385
Elsene · FTE 3.4
PAV DELCO
BE 0663.707.751
Oudergem · FTE 3.4
3i Horeca
BE 0734.436.785
Brussel · FTE 3.4
Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 1,402 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744423926
Also
9925:BE0744423926
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.