Schelles

Active

Private limited companyfounded 20206 yrs activePoiel 125, 2440 Geel, BelgiumKBO/BCE: BE 0742.490.458

The computed 12-month bankruptcy probability of Schelles is 2.0% (moderate). The 2024 annual accounts show equity of €176k and a net result of €20k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 9989 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

94 / 100

Excellent▲ +15 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability57▲+26

Solvency93▲+20

Growth52=

Stability100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €17k at 30 days acceptable

Liquidity ample (current ratio 2.81 against 1.6 in 2023), but 52% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

35 d early

2023

36 d early

2022

38 d early

2021

44 d early

2020

43 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€176k▲ 13.0%

2023 · €156k

2020: €51k 2021: €114k 2022: €146k 2023: €156k

2020 → 2024

Total assets

€366k▼ 8.8%

2023 · €401k

2020: €210k 2021: €357k 2022: €435k 2023: €401k

2020 → 2024

Net result

€20k▲ 111%

2023 · €10k

2020: €41k 2021: €63k 2022: €32k 2023: €10k

2020 → 2024

Working capital

€105k▲ 78.4%

2023 · €59k

2020: €60k 2021: €98k 2022: €63k 2023: €59k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€51k-€114k▲ 122%€146k▲ 28.2%€156k▲ 6.5%€176k▲ 13.0%

Operating result€57k-€77k▲ 36.4%€46k▼ 41.1%€21k▼ 53.5%€29k▲ 35.4%

Net result€41k-€63k▲ 51.2%€32k▼ 48.6%€10k▼ 70.3%€20k▲ 111%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 35% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €366k

55.6%

44.4%

Fixed assets €204k▼ 16.6%

Current assets €163k▲ 3.3%

Equity and liabilities €366k

48.0%

52.0%

Equity €176k▲ 13.0%

Debt €190k▼ 22.5%

The debt ratio falls from 61.2% to 52.0%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€79k▲

2023 · €72k

Cash flow

€70k▲

2023 · €60k

Solvency

48.0%▲

2023 · 38.8%

Current ratio

2.81▲

2023 · 1.60

Quick ratio

2.64▲

2023 · 1.14

Debt / equity

1.08▼

2023 · 1.58

ROE

11.5%▲

2023 · 6.1%

ROA

5.5%▲

2023 · 2.4%

Interest coverage

33.10▲

2023 · 7.53

Debt

€190k▼

2023 · €246k

Debt ≤ 1 year

€58k▼

2023 · €99k

Debt > 1 year

€133k▼

2023 · €147k

Income taxes

€6k▲

2023 · €2k

Staff costs

€0▼

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€401k€366k▼

Fixed assets21/28€244k€204k▼

Intangible fixed assets21€6k€5k▼

Tangible fixed assets22/27€213k€173k▼

Plant, machinery and equipment23€33k€32k▼

Furniture and vehicles24€42k€32k▼

Leasing and similar rights25€136k€109k▼

Other tangible fixed assets26€2k€1k▼

Financial fixed assets28€25k€25k=

Current assets29/58€157k€163k▲

Stocks and contracts in progress3€45k€10k▼

Contracts in progress37€45k€10k▼

Amounts receivable within one year40/41€31k€133k▲

Trade receivables40€13k€16k▲

Other amounts receivable41€18k€118k▲

Cash at bank and in hand54/58€77k€16k▼

Deferred charges and accrued income490/1€4k€4k▼

Equity and liabilities

Total equity and liabilities10/49€401k€366k▼

Equity10/15€156k€176k▲

Contributions10/11€10k€10k=

Reserves13€146k€166k▲

Distributable reserves133€146k€166k▲

Amounts payable17/49€246k€190k▼

Amounts payable after more than one year17€147k€133k▼

Financial debts170/4€62k€31k▼

Other amounts payable178/9€85k€101k▲

Amounts payable within one year42/48€99k€58k▼

Current portion of amounts payable after more than one year42€44k€31k▼

Trade debts44€36k€4k▼

Suppliers440/4€36k€4k▼

Taxes, remuneration and social security45€3k€7k▲

Taxes450/3€3k€7k▲

Other amounts payable47/48€16k€16k▲

Income statement Code20232024

Remuneration, social security and pensions62€3k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€50k▼

Other operating charges640/8€1k€2k▲

Gross operating margin9900€76k€81k▲

Operating profit (loss)9901€21k€29k▲

Financial income75/76B€0€21▲

Recurring financial income75€0€21▲

Non-recurring financial income76B€0-

Financial charges65/66B€10k€2k▼

Recurring financial charges65€10k€2k▼

Profit (loss) for the period before taxes9903€12k€26k▲

Income taxes67/77€2k€6k▲

Profit (loss) for the period9904€10k€20k▲

Profit (loss) for the period to be appropriated9905€10k€20k▲

Appropriation of the result

Profit (loss) to be appropriated9906€10k€20k▲

Transfer to equity691/2€10k€20k▲

To other reserves6921€10k€20k▲

Social balance

Average headcount (FTE)90870.0-

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

26-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

25-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €10k ▼70.3%

Net result drops to €10k, the lowest in the series; recovery starts the following year.

31-12

Financial Equity above €150kEq €156k ▲6.5%

4 profitable years in a row build equity to €156k.

23-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

17-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2020net €63k ▲51.2%

Operating result €77k, net result €63k, both a record.

31-12

Financial Equity above €100kEq €114k ▲122%

2 profitable years in a row build equity to €114k.

18-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 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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