Summary
SCHEEN IMMO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €488,991 and a net result of €132,685. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 2413 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2413 sector peers (2025).
NBB · sector comparisonPosition among 2413 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2023
on the day
2022
29 d late
2021
30 d late
2020
25 d late
2019
32 d early
2018
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2023 is 12 days before the deadline, and 29% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
Equity
€488,991▼ 14.7%
2023 · €573,277
Net result
€132,685▲ 230%
2023 · €40,175
Total assets
€1.9m▲ 0.9%
2023 · €1.8m
Solvency
26.3%▼ 4.8pp
2023 · 31.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€115,093▼ 17.8%€7,481▼ 93.5%€337,154▲ 4,407%€83,062▼ 75.4%€230,352-
Net result€57,720within the sector's middle half▼ 26.3%-€21,659below the sector's middle half€220,975within the sector's middle half€40,175within the sector's middle half▼ 81.8%€132,685within the sector's middle half-
Equity€333,786within the sector's middle half▲ 20.9%€312,127within the sector's middle half▼ 6.5%€533,102within the sector's middle half▲ 70.8%€573,277within the sector's middle half▲ 7.5%€488,991below the sector's middle half-
Total assets€2.2mabove the sector's middle half▼ 1.9%€2.0mabove the sector's middle half▼ 9.0%€2.0mwithin the sector's middle half▼ 1.6%€1.8mwithin the sector's middle half▼ 5.7%€1.9mbelow the sector's middle half-
Debt€1.9m▼ 5.1%€1.7m▼ 9.4%€1.4m▼ 15.1%€1.3m▼ 10.6%€1.4m-
Working capital€480,212▲ 14.4%€474,423▼ 1.2%€629,255▲ 32.6%€155,962▼ 75.2%€763,844-
Solvency15.3%below the sector's middle half▲ 2.9pp15.7%below the sector's middle half▲ 0.4pp27.2%within the sector's middle half▲ 11.5pp31.1%within the sector's middle half▲ 3.8pp26.3%below the sector's middle half-
Staff (FTE)2above the sector's middle half▲ 25.0%3.1▲ 55.0%3.6within the sector's middle half▲ 16.1%1.9within the sector's middle half▼ 47.2%1.3within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result is €230,352 in 2025, compared with €83,062 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.9m
Fixed assets
€92,106 ▼ 84.6%
Current assets
€1.8m ▲ 41.9%
Equity and liabilities €1.9m
Equity
€488,991 ▼ 14.7%
Debt
€1.4m ▲ 7.9%
Debt's share of the balance-sheet total rises from 68.9% to 73.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
27.1%▲
2023 · 7.0%
ROA
7.1%▲
2023 · 2.2%
Debt ≤ 1 year
€1.0m▼
2023 · €1.1m
Debt > 1 year
€310,000▲
2023 · €163,000
Income taxes
€12,566▲
2023 · €6,451
Staff costs
€62,822▼
2023 · €88,983
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €190 | €10,500 | €2,479 | €100,402 | - |
| Remuneration, social security and pensions62 | - | €119,884 | €140,341 | €88,983 | €62,822 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,783 | €22,699 | €10,328 | €27,911 | €35,926 | - |
| Other operating charges640/8 | - | €2,472 | €2,337 | €4,070 | €6,143 | - |
| Gross operating margin9900 | €217,604 | €152,537 | €490,159 | €204,026 | €335,244 | - |
| Operating profit (loss)9901 | €115,093 | €7,481 | €337,154 | €83,062 | €230,352 | - |
| Financial income75/76B | - | €104 | €12 | €540 | €10,600 | - |
| Recurring financial income75 | €1,764 | €104 | €12 | €540 | €10,600 | - |
| Financial charges65/66B | - | €29,093 | €30,585 | €36,975 | €95,701 | - |
| Recurring financial charges65 | €37,245 | €29,093 | €30,585 | €36,975 | €95,701 | - |
| Profit (loss) for the period before taxes9903 | €79,612 | -€21,507 | €306,581 | €46,626 | €145,251 | - |
| Income taxes67/77 | €21,891 | €152 | €85,606 | €6,451 | €12,566 | - |
| Profit (loss) for the period9904 | €57,720 | -€21,659 | €220,975 | €40,175 | €132,685 | - |
| Profit (loss) for the period to be appropriated9905 | €57,720 | -€21,659 | €220,975 | €40,175 | €132,685 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.0m | €2.0m | €1.8m | €1.9m | - |
| Fixed assets21/28 | €47,230 | €13,533 | €78,907 | €598,507 | €92,106 | - |
| Tangible fixed assets22/27 | €45,580 | €11,883 | €77,257 | €140,657 | €90,456 | - |
| Plant, machinery and equipment23 | - | €9,790 | €9,649 | €23,065 | €18,443 | - |
| Furniture and vehicles24 | - | €2,094 | €67,608 | €117,592 | €72,013 | - |
| Financial fixed assets28 | €1,650 | €1,650 | €1,650 | €457,850 | €1,650 | - |
| Current assets29/58 | €2.1m | €2.0m | €1.9m | €1.2m | €1.8m | - |
| Amounts receivable after more than one year29 | - | - | €285,000 | - | - | - |
| Other amounts receivable291 | - | - | €285,000 | - | - | - |
| Stocks and contracts in progress3 | €822,953 | €656,558 | €101,850 | €485,720 | €605,814 | - |
| Stocks30/36 | - | €656,558 | €101,850 | €485,720 | €605,814 | - |
| Amounts receivable within one year40/41 | €920,140 | €838,876 | €448,552 | €497,192 | €832,433 | - |
| Trade receivables40 | - | €69,015 | €55,761 | €87,222 | €14,184 | - |
| Other amounts receivable41 | - | €769,861 | €392,791 | €409,970 | €818,249 | - |
| Current investments50/53 | €134,991 | €19,991 | €509,991 | €250,711 | €196 | - |
| Cash at bank and in hand54/58 | €257,548 | €456,215 | €524,544 | €8,951 | €330,094 | - |
| Deferred charges and accrued income490/1 | - | €3,384 | €8,163 | €4,799 | €1,094 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.0m | €2.0m | €1.8m | €1.9m | - |
| Equity10/15 | €333,786 | €312,127 | €533,102 | €573,277 | €488,991 | - |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | - |
| Reserves13 | €313,786 | €292,127 | €513,102 | €553,277 | €468,991 | - |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | - |
| Distributable reserves133 | - | €290,127 | €511,102 | €551,277 | €466,991 | - |
| Amounts payable17/49 | €1.9m | €1.7m | €1.4m | €1.3m | €1.4m | - |
| Amounts payable after more than one year17 | €182,470 | €164,742 | €163,000 | €163,000 | €310,000 | - |
| Financial debts170/4 | - | €1,742 | - | - | - | - |
| Other amounts payable178/9 | - | €163,000 | €163,000 | €163,000 | €310,000 | - |
| Amounts payable within one year42/48 | €1.7m | €1.5m | €1.2m | €1.1m | €1.0m | - |
| Current portion of amounts payable after more than one year42 | - | €10,302 | €1,742 | - | - | - |
| Financial debts43 | - | €741,474 | €285,000 | - | €92,182 | - |
| Credit institutions430/8 | - | €741,474 | €285,000 | - | €92,182 | - |
| Trade debts44 | €76,042 | €25,217 | €34,054 | €318,163 | €281,163 | - |
| Suppliers440/4 | - | €25,217 | €34,054 | €318,163 | €281,163 | - |
| Advances received on contracts in progress46 | - | €55,000 | €20,000 | €40,000 | €10,000 | - |
| Taxes, remuneration and social security45 | - | €56,491 | €131,209 | €6,349 | €26,520 | - |
| Taxes450/3 | - | €42,298 | €116,240 | €737 | €24,435 | - |
| Remuneration and social security454/9 | - | €14,192 | €14,969 | €5,611 | €2,084 | - |
| Other amounts payable47/48 | - | €612,118 | €776,840 | €726,900 | €595,924 | - |
| Accrued charges and deferred income492/3 | - | €11,087 | €12,060 | €18,192 | €56,959 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,720 | -€21,659 | €220,975 | €40,175 | €132,685 | - |
| + Depreciation and write-downs630 | €22,783 | €22,699 | €10,328 | €27,911 | €35,926 | - |
| Operating cash flow (approximation) | €80,504 | €1,040 | €231,302 | €68,086 | €168,611 | - |
| Investment in fixed assets (approximation) | - | €10,997 | -€75,701 | -€547,511 | - | - |
| Change in cash | - | €198,667 | €68,329 | -€515,592 | - | - |
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
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Back to profitnet €220,975
Net result €220,975 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €533,102 ▲70.8%
Equity rises from €312,127 to €533,102.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet -€21,659
Net result drops to -€21,659, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200,000Eq €276,066 ▲39.6%
2 profitable years in a row build equity to €276,066.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are 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, Malmedy · 1 establishment unit since 2011
Ground area
2,994 m²
Building footprint
218 m²
Volume, LiDAR
2,156 m³
2 parcels, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SCHEEN IMMO
since 20112.196.007.843
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63502C0072/00F000 | Wallonia | 2,537 m² | 1 · 117 m² | 12.1 m · 3 fl. |
| 63049D0023/00Z000 | Wallonia | 457 m² | 1 · 100 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- HOUSE PROJECT
- SCHEEN IMMO
Highest known parent: HOUSE PROJECT. The sources do not say who stands above it.
Owners 1
- HOUSE PROJECTparent100%
Holdings 1
- IMMOBILIERE THONNARD & TRINONsubsidiarySourceown accounts 2023100%
According to the 2023 annual accounts of SCHEEN IMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-2011
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
68121Development of residential building projects
68122Development of non-residential building projects
42120Civil engineering
55203Holiday cottages, homes and apartments
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0833442212
Also
9925:BE0833442212
Registered
25-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.