SCHECK (0567.560.361): financials and annual accounts

SCHECK

Antwerp ·KBO/BCE: BE 0567.560.361

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Balance sheet: assets
Total assets`20/58`	116,615	159,992	148,790	158,196	109,217	58,901	74,183	73,396	53,792	47,253	26,538
Fixed assets`21/28`	47,521	43,602	34,658	22,596	24,745	27,504	20,613	20,187	30,284	24,884	4,233
Tangible fixed assets`22/27`	36,771	32,852	5,408	3,346	5,495	5,704	9,063	8,637	18,734	15,884	4,233
Land and buildings`22`	-	-	-	-	0	338	677	1,015	1,354	-	-
Plant, machinery and equipment`23`	1,130	23,005	3,657	895	2,344	5,365	8,386	7,622	8,381	3,884	4,233
Furniture and vehicles`24`	351	9,847	1,751	2,451	3,151	-	-	-	9,000	12,000	-
Other tangible fixed assets`26`	35,290	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	10,750	10,750	29,250	19,250	19,250	21,800	11,550	11,550	11,550	9,000	-
Current assets`29/58`	69,094	116,390	114,132	135,600	84,472	31,397	53,570	53,208	23,507	22,369	22,305
Stocks and contracts in progress`3`	0	14,420	13,261	16,209	3,556	3,577	1,530	2,104	1,479	920	483
Stocks`30/36`	0	14,420	13,261	16,209	3,556	3,577	1,530	2,104	1,479	920	483
Amounts receivable within one year`40/41`	44,528	64,328	73,363	63,101	45,913	18,330	45,930	46,033	14,732	6,596	19,876
Trade receivables`40`	41,372	57,910	70,436	63,073	44,197	15,040	44,996	44,356	12,772	4,101	19,072
Other amounts receivable`41`	3,157	6,418	2,927	28	1,716	3,289	933	1,677	1,960	2,495	805
Current investments`50/53`	-	0	14,960	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	24,096	27,345	7,790	52,461	35,003	9,491	6,111	-	1,747	13,585	3
Deferred charges and accrued income`490/1`	469	10,296	4,758	3,829	-	-	0	5,071	5,549	1,269	1,943
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	116,615	159,992	148,790	158,196	109,217	58,901	74,183	73,396	53,792	47,253	26,538
Equity`10/15`	57,957	49,478	44,717	39,517	12,953	11,933	21,220	592	13,205	13,662	14,587
Contributions`10/11`	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
Issued capital`100`	-	-	-	-	-	-	18,550	18,550	18,550	18,550	18,550
Profit (loss) carried forward`14`	39,407	30,928	26,167	20,967	-5,597	-6,617	2,670	-17,958	-5,345	-4,888	-3,963
Amounts payable`17/49`	58,658	110,514	104,073	118,680	96,265	46,968	52,963	72,804	40,587	33,591	11,951
Amounts payable after more than one year`17`	18,585	33,519	38,447	49,651	58,924	22,924	22,924	19,886	19,886	19,886	-
Financial debts`170/4`	18,585	33,519	38,447	49,651	58,924	22,924	22,924	19,886	19,886	19,886	-
Amounts payable within one year`42/48`	40,074	76,995	65,627	69,029	37,341	24,045	29,630	52,603	20,328	13,630	11,951
Current portion of amounts payable after more than one year`42`	4,924	17,358	13,000	11,000	-	-	-	-	-	-	-
Financial debts`43`	0	2,370	3,879	1,876	2,488	1,185	-	2,878	-	-	370
Credit institutions`430/8`	0	2,370	3,879	1,876	2,488	1,185	-	2,878	-	-	370
Trade debts`44`	21,128	31,220	20,280	24,955	21,340	14,092	27,573	47,643	17,318	13,630	9,543
Suppliers`440/4`	21,128	31,220	20,280	24,955	21,340	14,092	27,573	47,643	17,318	13,630	9,543
Taxes, remuneration and social security`45`	12,700	26,015	24,374	22,736	11,043	5,639	2,056	2,082	1,676	-	2,038
Taxes`450/3`	5,815	13,035	11,787	13,587	8,179	1,802	2,056	1,182	26	-	2,038
Remuneration and social security`454/9`	6,885	12,980	12,586	9,149	2,864	3,837	0	900	1,650	-	-
Other amounts payable`47/48`	1,322	33	4,094	8,462	2,469	3,129	0	-	1,334	-	-
Accrued charges and deferred income`492/3`	-	-	-	-	-	0	410	315	373	75	-
Income statement
Non-recurring operating income`76A`	85,557	320	-	-	0	3,214	-	-	-	-	-
Gross operating margin`9900`	105,021	279,926	157,279	136,455	53,747	6,961	30,980	-3,997	9,008	5,880	490
Remuneration, social security and pensions`62`	46,399	249,314	133,537	91,902	43,200	2,061	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,082	4,331	2,212	2,148	3,709	3,360	4,051	3,862	7,035	5,136	2,675
Other operating charges`640/8`	3,074	7,573	9,375	5,590	5,506	7,289	2,576	3,727	1,247	1,431	1,685
Non-recurring operating charges`66A`	30,290	-	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	24,177	18,708	12,156	36,814	1,332	-5,749	24,353	-11,585	725	-687	-3,870
Financial income`75/76B`	2,967	1,123	548	101	334	475	0	192	152	82	52
Recurring financial income`75`	2,967	1,123	548	101	334	475	0	192	152	82	52
Financial charges`65/66B`	11,909	11,279	4,201	4,253	647	4,014	1,923	1,219	1,334	320	144
Recurring financial charges`65`	11,909	11,279	4,201	4,253	647	4,014	1,923	1,219	1,334	320	144
Profit (loss) for the period before taxes`9903`	15,235	8,551	8,503	32,662	1,020	-9,287	22,430	-12,613	-457	-925	-3,962
Income taxes`67/77`	6,756	3,790	3,302	6,098	-	0	1,802	-	-	-	1
Profit (loss) for the period`9904`	8,479	4,761	5,200	26,564	1,020	-9,287	20,628	-12,613	-457	-925	-3,963
Profit (loss) for the period to be appropriated`9905`	8,479	4,761	5,200	26,564	1,020	-9,287	20,628	-12,613	-457	-925	-3,963
Appropriation of the result
Profit (loss) to be appropriated`9906`	39,407	30,928	26,167	20,967	-5,597	-6,617	2,670	-17,958	-5,345	-4,888	-3,963
Profit (loss) brought forward from the previous period`14P`	30,928	26,167	20,967	-5,597	-6,617	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	2.6	3.8	2.2	1.9	1.8	-	-	-	-	-	-
Hours worked`1013`	1,269	7,130	3,886	3,253	2,265	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	28-08-2026	2026-00478256	PDF
31-12-2024	micro format	28-08-2025	2025-00444771	PDF
31-12-2023	micro format	17-10-2024	2024-00508976	PDF
31-12-2022	micro format	29-08-2023	2023-00425137	PDF
31-12-2021	micro format	29-08-2022	2022-20383590	PDF
31-12-2020	micro format	30-08-2021	2021-59200454	PDF
31-12-2019	micro format	28-10-2020	2020-64400498	PDF
31-12-2018	micro format	31-10-2019	2019-73000452	PDF
31-12-2017	micro format	16-07-2018	2018-33700262	PDF
31-12-2016	micro format	27-07-2017	2017-37000319	PDF
31-12-2015	abbreviated format	04-07-2016	2016-27400200	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EBITDA	25,259	23,039	14,367	38,962	5,041	-2,389	28,405	-7,723	7,760	4,449	-1,196
Cash flow	9,561	9,092	7,412	28,713	4,729	-5,928	24,680	-8,751	6,578	4,211	-1,288
Investment in fixed assets (approximation)	35,290	31,455	4,274	0	3,500	14,226	4,477	2,765	12,436	25,786	6,019
Change in cash	-3,249	19,555	-44,671	17,458	25,512	3,381	-	-	-11,838	13,583	-
Working capital	29,021	39,394	48,506	66,571	47,131	7,353	23,940	606	3,180	8,739	10,353
Solvency	49.7%	30.9%	30.1%	25.0%	11.9%	20.3%	28.6%	0.8%	24.5%	28.9%	55.0%
Current ratio	1.72	1.51	1.74	1.96	2.26	1.31	1.81	1.01	1.16	1.64	1.87
Quick ratio	1.72	1.32	1.54	1.73	2.17	1.16	1.76	0.97	1.08	1.57	1.83
Debt to equity	1.01	2.23	2.33	3.00	7.43	3.94	2.50	-	3.07	2.46	0.82
ROE	14.6%	9.6%	11.6%	67.2%	7.9%	-77.8%	97.2%	-	-3.5%	-6.8%	-27.2%
ROA	7.3%	3.0%	3.5%	16.8%	0.9%	-15.8%	27.8%	-17.2%	-0.8%	-2.0%	-14.9%
Interest coverage	2.12	2.04	3.42	9.16	7.80	-	-	-	-	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	1	3	2	3
full-time	2	1	2	1	3
part-time	1	0	1	1	0
in full-time equivalents	2.6	1	2.6	1.6	3
Average over the year, in full-time equivalents	2.6	3.8	2.2	1.9	1.8
On a permanent contract	3	1	3	2	2
Joined	1	2	1	1	3
Left	0	0	0	2	3

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€35,290	€31,455	€4,274	-	€3,500
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€1,082	€4,331	€2,212	€2,148	€3,709

SCHECK

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency49.7%

Current ratio1.72

Return on assets7.3%

Staff

Staff cost per FTE€17,846

Joined and left+1

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on SCHECK

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