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Scheuten Glas Diest

Active
Public limited companyfounded 1991active for 34 yearsSaturnusstraat 5, 3290 Diest, BelgiumKBO/BCE: BE 0446.214.549
Summary

The computed 12-month bankruptcy probability of Scheuten Glas Diest is 1.6% (moderate). The annual accounts of Scheuten Glas Diest for financial year 2025 show a net loss of 178% of the equity at the start of that year. The 2025 annual accounts show equity of €37,883 and a net result of -€1.3m. Equity is shrinking by about 39% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 5% of 357 sector peers (NACE 23, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of other non-metallic mineral products
NACE 23120
#3 employer in Flemish Brabant, Non-metallic mineral products sector1 site
Size
€12.1mturnover 2025
Staff
45.4 FTE
Equity
€37,883
Loss
-€1.3m
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Parent
Scheuten Glass Holding BV · 99.99%
Accounts filed 55 days late2 of 27 deeds read
Why 54raises riskLoss of €1.3m, the second in a row (financial year 2025)Equity €37,883 (1.1% of total assets)Latest accounts 55 days late; 2 of the last 3 latelowers riskLiquidity: current ratio 1.08, cash €813,846Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 23, small)
Financial strength · tick = 2024
Weak
Solvency 26-19
equity 1.1% of total assets
Liquidity 49-20
short-term debt 60.0% · cash 24.2%
Profitability 0-3
return on assets -38.1%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (234 companies, NACE 23, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.8%▲ +0.1 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.7%▼ -0.1 percentage points vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.2 percentage points vs 07-2025 09-2025: 1.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%▼ -0.5 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 1.3%▲ +0.6 percentage points vs 03-2026 05-2026: 1.1%▼ -0.2 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.1 percentage points vs 07-2026 09-2026: 1.3%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.08, compared with 1.62 in 2024; short-term debt: 60% and cash: 24.2% of total assets), and 98.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 23, small): better than 7% on solvency, 62% on liquidity, 3% on profitability and 38% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €1.3m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Equity €37,883 (1.1% of total assets)
NBB · annual accounts
raises risk · Latest accounts 55 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.08, cash €813,846
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.3m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 357 sector peers (2025).
NBB · sector comparison
Position among 357 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
55 days late
2024
49 days late
2023
33 days early
2022
107 days late
2021
68 days late
2020
67 days late
2019
61 days late
← 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 53 days after the deadline; the sector median (NACE 23) for financial year 2024 is 11 days before the deadline, and 34% 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 24 September (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Permanent representative: Marco van de WeemRegistered-office move
  3. Capital & shares · Amendment of…Capital increase · Bank account…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€1.3m View
  • Caution: Result fell in 2025from -€642,264 to -€1.3m ▼ 99.4% View
  • Caution: Among the weakest 6% on solvencysector median 46.9% · 357 companies 1.1% View
  • Controlled by Scheuten Glass Holding BVknown shareholders 100% 99.99% View

By topic

Financials

Financial year
2025
Turnover
€12.1m
Loss
-€1.3m
Solvency
1.1%
Turnover▲ 6.5%
Net result
20182025
Go to Financials

Timeline

Events
39
Since
1993
Next accounts
by 31-07-2027
  1. 18-09-2025Annual accounts filed
  2. 31-12-2024Equity above €500,000
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of other non-metallic mineral productsNACE 23120
Founded
20-12-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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