Equity
€3.0m ▼ 5.7%
SCHAU paid out €100,000 in dividends in a year with a loss of €79,891.
SCHAU
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €1.1m (2025)
€1.1m▲ 4.7%
lowest -€260,719 (2017)
-€79,891▼ €10,446
peak €4.5m (2008)
€3.0m▼ 5.7%
€10.2m▲ 0.1%
peak 5 FTE (2016)
2.2 FTE▼ 26.7%
Board3 names since 2010
2 directors and 1 other
Owners2 names in the annual accounts
50% and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025abbreviated format
Loss of €79,891Staff from 3 FTE to 2.2 FTEDividend €100,000Cash from €165,557 to €218,321
Key points
from the 2025 annual accountsLosses
-€776,088 in seven years
Every financial year from 2019 to 2025 closed with a loss. 2019 was the heaviest.
Debts
€10.2m 72% of the balance sheet
Financial debts 92%Suppliers 2%Taxes and wages 0%Other 5%
Of this, €8.2m falls due within a year.
Staff
2.2 FTE from 5 in 2016
Between 2016 and 2025, 56% of the full-time equivalents disappeared.
Filings
35 annual accounts since 1991
Ten of the last ten came late. The 2019 accounts came latest: 92 days after the end of the period.
Position in the sector
-€79,891
Lower net result than 85% of companies in real estate. Sector median €12,777 · 12,429 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,451 companies had the same profile as SCHAU has now. Each dot stands for 7 companies, two years later.
93.3%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,451 companies, not a prediction for SCHAU. 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.
Credit verdict
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Signals
Board and ownership
Director, since 22-12-2023
Director, since 22-12-2023
- 50%score equity €153,417 (2025) · annual accounts 2025
- 50%annual accounts 2025
Recent changes
Appointment: (statutory director)
General meeting of 12-12-2023 · Gazette deed
Merger: SCHAU takes over DEVELOPEMENT CONSULTANT
Resignation: (statutory manager) · The company holds all the shares of DEVELOPEMENT CONSULTANT · General meeting of 28-02-2017 · Gazette deed
Merger proposal: Schau takes over Developement Consultant
The company holds all the shares of Developement Consultant · Gazette deed
First establishment
Chemin du Stocquoy 1, Wavre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SCHAU Wavre | €14.1m | €1.1m | 21.0% | 2.2 |
| EMLODA Bruges | €13.6m | €1.2m | 45.0% | 2 |
| BOVAKO Middelkerke | €12.6m | €1.1m | 36.2% | 2.1 |
| IMMO A.V.J. Etterbeek | €14.0m | €1.4m | 27.1% | 2 |
| BRENCO Sint-Martens-Latem | €11.0m | €1.3m | 26.3% | 2.7 |
| F and G Partners Molenbeek-Saint-Jean | €14.1m | €0.8m | 34.0% | 2 |
| OPTA Kalmthout | €11.6m | €0.9m | 72.4% | 2 |
These companies have the same main activity as SCHAU: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €11m and €14m, founded between 1987 and 1998.
Official details
Source: KBO- Status
- Active since 01-07-1991Normal situation
- Registered office
- 36 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 3 others
- Establishment unit
- 2.149.251.3681300 Wavre, since 29-09-2005
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on SCHAU
SCHAU files the abbreviated format. That format states no turnover. The gross margin rose from €335,308 in 2007 to €1.1m in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SCHAU
- What is the company number of SCHAU?
- The company number of SCHAU is 0444.776.375. The VAT number is the same number with BE in front: BE 0444.776.375.
- Where is SCHAU based?
- The registered office is at Chemin du Stocquoy 1-3, 1300 Wavre.Company details
- What does SCHAU do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of SCHAU?
- SCHAU is a private limited company (BV).
- When was SCHAU founded?
- SCHAU was founded on 01-07-1991.
- Is SCHAU still active?
- Yes, SCHAU is an active enterprise in the KBO register.
- How many employees does SCHAU have?
- SCHAU had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SCHAU?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €1.1m and 32 comparable companies (NACE 68203). It probably lies between €1.1m and €1.6m.
- Is SCHAU profitable?
- In financial year 2025, SCHAU made a loss of €79,891.
- Where can I find the annual accounts of SCHAU?
- SCHAU filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SCHAU due?
- SCHAU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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