SCHANSIMMO
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 35 filings
Equity
€212,232▼ 0.6%
2024 · €213,452
Total assets
€227,605▲ 1.1%
2024 · €225,196
Net result
-€1,220▲ 67.1%
2024 · -€3,709
Working capital
€74,930▼ 1.0%
2024 · €75,662
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€5,059
▲ 38.5%
2025
20182025
Net result
-€1,220
▲ 67.1%
2025
20182025
Equity
€212,232
▼ 0.6%
2025
20182025
Total assets
€227,605
▲ 1.1%
2025
20182025
Debt
€15,373
▲ 30.9%
2025
20182025
Working capital
€74,930
▼ 1.0%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€18,416--€6,325▲ 65.7%-€776▲ 87.7%€1,995-€1,694-€11,775▼ 595%-€8,225▲ 30.1%-€5,059▲ 38.5%
Net result-€14,034--€478▲ 96.6%-€1,683▼ 252%€1,685€359▼ 78.7%-€10,125-€3,709▲ 63.4%-€1,220▲ 67.1%
Equity€227,404-€226,926▼ 0.2%€225,242▼ 0.7%€226,928▲ 0.7%€227,286▲ 0.2%€217,161▼ 4.5%€213,452▼ 1.7%€212,232▼ 0.6%
Total assets€231,396-€230,404▼ 0.4%€226,864▼ 1.5%€229,121▲ 1.0%€229,519▲ 0.2%€225,444▼ 1.8%€225,196▼ 0.1%€227,605▲ 1.1%
Debt€3,992-€3,478▼ 12.9%€1,622▼ 53.4%€2,194▲ 35.2%€2,232▲ 1.8%€8,283▲ 271%€11,744▲ 41.8%€15,373▲ 30.9%
Working capital€69,096-€80,010▲ 15.8%€80,061▲ 0.1%€85,100▲ 6.3%€87,813▲ 3.2%€78,883▼ 10.2%€75,662▼ 4.1%€74,930▼ 1.0%
The operating result for 2025 is a loss of €5,059, smaller than the loss of €8,225 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227,605
Fixed assets
€137,302 ▼ 0.4%
Current assets
€90,303 ▲ 3.3%
Equity and liabilities €227,605
Equity
€212,232 ▼ 0.6%
Debt
€15,373 ▲ 30.9%
Debt's share of the balance-sheet total rises from 5.2% to 6.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,571▲
2024 · -€7,738
Cash flow
-€732▲
2024 · -€3,222
Current ratio
5.87▼
2024 · 7.44
Debt to equity
0.07▲
2024 · 0.06
ROE
-0.6%▲
2024 · -1.7%
ROA
-0.5%▲
2024 · -1.6%
Interest coverage
-4.73▲
2024 · -11.98
Debt ≤ 1 year
€15,373▲
2024 · €11,744
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,000 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,836 | €11,393 | €6,614 | €2,854 | €2,854 | €1,195 | €488 | €488 | = |
| Other operating charges640/8 | - | - | - | €2,078 | €1,845 | €2,027 | €2,146 | €1,766 | ▼ 17.7% |
| Gross operating margin9900 | -€1,938 | €8,098 | €9,026 | €6,927 | €3,004 | -€8,553 | -€5,592 | -€2,805 | ▲ 49.8% |
| Operating profit (loss)9901 | -€18,416 | -€6,325 | -€776 | €1,995 | -€1,694 | -€11,775 | -€8,225 | -€5,059 | ▲ 38.5% |
| Financial income75/76B | - | - | - | €180 | €2,477 | €2,454 | €5,162 | €4,804 | ▼ 6.9% |
| Recurring financial income75 | €5,166 | €6,565 | €0 | €180 | €2,477 | €2,454 | €5,162 | €4,804 | ▼ 6.9% |
| Financial charges65/66B | - | - | - | €413 | €424 | €804 | €646 | €966 | ▲ 49.5% |
| Recurring financial charges65 | €239 | €267 | €526 | €413 | €424 | €804 | €646 | €966 | ▲ 49.5% |
| Profit (loss) for the period before taxes9903 | -€13,488 | -€27 | -€1,302 | €1,762 | €359 | -€10,125 | -€3,709 | -€1,220 | ▲ 67.1% |
| Income taxes67/77 | €546 | €451 | €381 | €77 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€14,034 | -€478 | -€1,683 | €1,685 | €359 | -€10,125 | -€3,709 | -€1,220 | ▲ 67.1% |
| Profit (loss) for the period to be appropriated9905 | -€14,034 | -€478 | -€1,683 | €1,685 | €359 | -€10,125 | -€3,709 | -€1,220 | ▲ 67.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €231,396 | €230,404 | €226,864 | €229,121 | €229,519 | €225,444 | €225,196 | €227,605 | ▲ 1.1% |
| Fixed assets21/28 | €158,309 | €146,916 | €145,181 | €142,327 | €139,473 | €138,278 | €137,790 | €137,302 | ▼ 0.4% |
| Tangible fixed assets22/27 | €158,309 | €146,916 | €145,181 | €142,327 | €139,473 | €138,278 | €137,790 | €137,302 | ▼ 0.4% |
| Land and buildings22 | - | - | - | €142,327 | €139,473 | €138,278 | €137,790 | €137,302 | ▼ 0.4% |
| Current assets29/58 | €73,087 | €83,488 | €81,683 | €86,794 | €90,046 | €87,166 | €87,405 | €90,303 | ▲ 3.3% |
| Amounts receivable within one year40/41 | €73,087 | €83,011 | €81,220 | €86,447 | €89,888 | €86,777 | €86,999 | €90,303 | ▲ 3.8% |
| Trade receivables40 | - | - | - | - | - | €3,440 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €86,447 | €89,888 | €83,337 | €86,999 | €90,303 | ▲ 3.8% |
| Cash at bank and in hand54/58 | - | - | - | - | €157 | €0 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €347 | €0 | €389 | €407 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €231,396 | €230,404 | €226,864 | €229,121 | €229,519 | €225,444 | €225,196 | €227,605 | ▲ 1.1% |
| Equity10/15 | €227,404 | €226,926 | €225,242 | €226,928 | €227,286 | €217,161 | €213,452 | €212,232 | ▼ 0.6% |
| Contributions10/11 | €89,242 | €89,242 | €89,242 | €89,242 | €89,242 | €89,242 | €89,242 | €89,242 | = |
| Capital10 | - | - | - | €89,242 | €89,242 | €89,242 | €89,242 | €89,242 | = |
| Issued capital100 | - | - | - | €89,242 | €89,242 | €89,242 | €89,242 | €89,242 | = |
| Revaluation surpluses12 | - | - | - | €123,947 | €123,947 | €123,947 | €123,947 | €123,947 | = |
| Reserves13 | €14,216 | €13,737 | €12,054 | €13,739 | €14,098 | €14,098 | €14,098 | €14,098 | = |
| Non-distributable reserves130/1 | - | - | - | €8,924 | €8,924 | €8,924 | €8,924 | €8,924 | = |
| Legal reserve130 | - | - | - | €8,924 | €8,924 | €8,924 | €8,924 | €8,924 | = |
| Distributable reserves133 | - | - | - | €4,815 | €5,174 | €5,174 | €5,174 | €5,174 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | -€10,125 | -€13,834 | -€15,055 | ▼ 8.8% |
| Amounts payable17/49 | €3,992 | €3,478 | €1,622 | €2,194 | €2,232 | €8,283 | €11,744 | €15,373 | ▲ 30.9% |
| Amounts payable within one year42/48 | €3,992 | €3,478 | €1,622 | €1,694 | €2,232 | €8,283 | €11,744 | €15,373 | ▲ 30.9% |
| Financial debts43 | - | - | - | €1,235 | €0 | €2,015 | €2,387 | €2,395 | ▲ 0.4% |
| Credit institutions430/8 | - | - | - | €1,235 | €0 | €2,015 | €2,387 | €2,395 | ▲ 0.4% |
| Trade debts44 | €682 | €1,309 | €782 | €0 | €2,232 | €139 | €2,729 | €2,350 | ▼ 13.9% |
| Suppliers440/4 | - | - | - | €0 | €2,232 | €139 | €2,729 | €2,350 | ▼ 13.9% |
| Taxes, remuneration and social security45 | - | - | - | €458 | €0 | - | - | - | - |
| Taxes450/3 | - | - | - | €458 | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €6,128 | €6,628 | €10,628 | ▲ 60.3% |
| Accrued charges and deferred income492/3 | - | - | - | €500 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,034 | -€478 | -€1,683 | €1,685 | €359 | -€10,125 | -€3,709 | -€1,220 | ▲ 67.1% |
| + Depreciation and write-downs630 | €11,836 | €11,393 | €6,614 | €2,854 | €2,854 | €1,195 | €488 | €488 | = |
| Operating cash flow (approximation) | -€2,199 | €10,914 | €4,930 | €4,539 | €3,213 | -€8,930 | -€3,222 | -€732 | ▲ 77.3% |
| Investment in fixed assets (approximation) | - | €0 | -€4,879 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | - | - | -€157 | - | - | - |
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, 12,322 companies had the same profile as SCHANSIMMO has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SCHANSIMMO itself: 0.2% 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 12,322 companies, not a prediction for SCHANSIMMO. 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 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00374526 | |
| 31-12-2024 | micro format | 06-10-2025 | 2025-00534372 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00304847 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00387347 | |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20440425 | |
| 31-12-2020 | micro format | 20-10-2021 | 2021-72400444 | |
| 31-12-2019 | micro format | 04-11-2020 | 2020-68600016 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-62000210 | |
| 31-12-2017 | micro format | 11-04-2018 | 2018-09600050 | |
| 31-12-2016 | abbreviated format | 23-06-2017 | 2017-21400024 |