Equity
€377,418 ▲ 35.8%
Schellens Automatic Systems has made a profit without a break since 2020.
Schellens Automatic Systems
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €153,823 (2025)
€153,823▲ 361%
lowest -€29,108 (2013)
€99,414▲ 917%
peak €377,418 (2025)
€377,418▲ 35.8%
€109,222▼ 19.2%
Board1 name since 1990
1 directorSCHELLENS Christiaan
Documentsfilings and deeds
14-08-202614 days late
2025micro format
Gross margin from €33,357 to €153,823Result from €9,779 to €99,414Appointment: SCHELLENS Christiaan (director) 24-06Equity from €278,004 to €377,418Debts from €135,171 to €109,222Cash from €122,971 to €209,916
Key points
from the 2025 annual accountsResult
€99,414 ▲ 917%
The result rose in 2025 from €9,779 to €99,414.
Turnover
≈ €910,000 estimated
The micro format states no turnover.
Liquidity
3.43 was 2.12 in 2024
Short-term debts fell from €135,171 to €108,892.
Filings
35 annual accounts since 1991
Three of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
Position in the sector
€99,414
Higher net result than 95% of companies in retail trade. Sector median €5,052 · 22,922 companies.
Checked score
99
Excellent
Financially stronger than 89% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 3.43, cash €209,916
Equity €377,418 (77.6% of total assets)
Founded in 1990
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 93% on liquidity, 88% on profitability and 82% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as Schellens Automatic Systems has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of Schellens Automatic Systems itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 20,137 companies, not a prediction for Schellens Automatic Systems. 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
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.43 (2.12 in 2024), above the usual 1.5. Short-term debt is 22.4% and cash 43.1% of total assets. 22.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
14 days late
2024
21 days early
2023
3 days early
2022
39 days early
2021
39 days early
2020
15 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440406625
Appointment: SCHELLENS Christiaan (director)
Gazette deed
First establishment
S.A.S. BVBA, Betekomsesteenweg 91, Begijnendijk
Incorporation
published on 03-05-1990 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Schellens Automatic Systems Begijnendijk | €486,640 | €153,823 | 77.6% | - |
| BRACK Beauraing | €438,136 | €122,846 | 82.2% | - |
| ERICOM Leuven | €371,817 | €117,769 | 72.0% | - |
| OST OFFICE Wetteren | €639,577 | €147,637 | 12.0% | 0 |
| NETbyte Knokke-Heist | €382,629 | €125,659 | 52.6% | 1.3 |
| AA VERHOEVEN Aalst | €551,777 | €155,847 | 14.7% | - |
| PRODIGIT Stekene | €438,240 | €159,627 | 74.0% | - |
These companies have the same main activity as Schellens Automatic Systems: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €372,000 and €640,000, founded between 1983 and 1995.
Official details
Source: KBO- Status
- Active since 03-04-1990Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 2 others
- Establishment unit
- 2.048.113.1313130 Begijnendijk, since 11-09-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Insights on Schellens Automatic Systems
Schellens Automatic Systems files the micro format. That format states no turnover. The gross margin rose from €116,095 in 2006 to €153,823 in 2025.
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 Schellens Automatic Systems
- What is the company number of Schellens Automatic Systems?
- The company number of Schellens Automatic Systems is 0440.406.625. The VAT number is the same number with BE in front: BE 0440.406.625.
- Where is Schellens Automatic Systems based?
- The registered office is at Betekomsesteenweg 91, 3130 Begijnendijk.Company details
- What does Schellens Automatic Systems do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of Schellens Automatic Systems?
- Schellens Automatic Systems is a private limited company (BV).
- When was Schellens Automatic Systems founded?
- Schellens Automatic Systems was founded on 03-04-1990.
- Is Schellens Automatic Systems still active?
- Yes, Schellens Automatic Systems is an active enterprise in the KBO register.
- What is the turnover of Schellens Automatic Systems?
- The turnover in financial year 2025 is ≈ €910,000. This figure is estimated from the gross margin of €153,823 and 211 comparable companies (NACE 47). It probably lies between €510,000 and €1.5m.Financials
- Is Schellens Automatic Systems profitable?
- In financial year 2025, Schellens Automatic Systems made a profit of €99,414.
- Where can I find the annual accounts of Schellens Automatic Systems?
- Schellens Automatic Systems filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Schellens Automatic Systems due?
- Schellens Automatic Systems must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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