SCHIETSE
ActiveSCHIETSE has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.75M and a net result of €102k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 66% of 4844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-15
Solvency85▲+3
Growth63▼-2
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.98 in 2024; short-term debt: 38.7% and cash: 7.8% of total assets), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.2%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
15 d early
2023
61 d late
2022
26 d early
2021
31 d late
2020
39 d early
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€47.78M▼ 9.2%
2022 · €52.60M
2018: €48.54M
2019: €55.30M
2020: €48.62M
2021: €50.08M
2022: €52.60M
2018 → 2025
EBIT margin
0.2%▼ 0.6pp
2022 · 0.8%
2018: 0.2%
2019: 0.2%
2020: -0.3%
2021: 0.2%
2022: 0.8%
2018 → 2025
Net result
€102k▼ 6.6%
2024 · €109k
2018: €-41k
2019: €-34k
2020: €23k
2021: €4k
2022: €248k
2023: €204k
2024: €109k
2018 → 2025
Working capital
€5.60M▲ 1.9%
2024 · €5.50M
2018: €4.69M
2019: €4.28M
2020: €4.46M
2021: €4.84M
2022: €4.92M
2023: €5.14M
2024: €5.50M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€50.08M-€52.60M▲ 5.0%€47.78M
Equity€7.08M-€7.33M▲ 3.5%€7.53M▲ 2.8%€7.64M▲ 1.4%€7.75M▲ 1.3%
Operating result€111k-€402k▲ 262%€144k▼ 64.2%€76k▼ 47.0%€86k▲ 13.4%
Net result€4k-€248k▲ 6,090%€204k▼ 17.5%€109k▼ 46.6%€102k▼ 6.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.86M
Fixed assets
€2.28M▼ 1.2%
Current assets
€10.58M▼ 4.5%
Equity and liabilities €12.86M
Equity
€7.75M▲ 1.3%
Provisions
€134k▼ 9.7%
Debt
€4.98M▼ 11.0%
The debt ratio falls from 41.8% to 38.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€683k▲
2024 · €640k
Cash flow
€698k▲
2024 · €673k
Solvency
60.2%▲
2024 · 57.1%
Current ratio
2.12▲
2024 · 1.98
Quick ratio
1.92▲
2024 · 1.80
Debt / equity
0.64▼
2024 · 0.73
ROE
1.3%▼
2024 · 1.4%
ROA
0.8%▼
2024 · 0.8%
Interest coverage
3865.32▲
2024 · 85.11
Debt
€4.98M▼
2024 · €5.60M
Debt ≤ 1 year
€4.98M▼
2024 · €5.59M
Income taxes
€66k▲
2024 · €66k
Staff costs
€2.09M▲
2024 · €1.81M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13.39M€12.86M▼
Fixed assets21/28€2.31M€2.28M▼
Intangible fixed assets21€163k€92k▼
Tangible fixed assets22/27€2.04M€2.09M▲
Land and buildings22€1.05M€859k▼
Plant, machinery and equipment23€667k€699k▲
Furniture and vehicles24€324k€529k▲
Financial fixed assets28€100k€100k=
Affiliated companies280/1-€100k
Participating interests280-€100k
Current assets29/58€11.08M€10.58M▼
Stocks and contracts in progress3€1.02M€1.03M▲
Stocks30/36€1.02M€1.03M▲
Goods purchased for resale34-€1.03M
Amounts receivable within one year40/41€6.05M€6.04M▼
Trade receivables40€6.00M€5.99M▼
Other amounts receivable41€50k€48k▼
Current investments50/53-€2.50M
Other investments51/53-€2.50M
Cash at bank and in hand54/58€4.01M€1.00M▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€13.39M€12.86M▼
Equity10/15€7.64M€7.75M▲
Contributions10/11€2.98M€2.98M=
Capital10€2.98M€2.98M=
Issued capital100€2.98M€2.98M=
Reserves13€2.30M€2.27M▼
Non-distributable reserves130/1€109k€116k▲
Legal reserve130€109k€116k▲
Tax-exempt reserves132€195k€152k▼
Distributable reserves133€2.00M€2.00M=
Profit (loss) carried forward14€2.36M€2.50M▲
Provisions and deferred taxes16€148k€134k▼
Provisions for liabilities and charges160/5€55k€55k=
Environmental obligations163€55k€55k=
Deferred taxes168€93k€79k▼
Amounts payable17/49€5.60M€4.98M▼
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€5.59M€4.98M▼
Current portion of amounts payable after more than one year42€46k€12k▼
Trade debts44€5.38M€4.76M▼
Suppliers440/4€5.38M€4.76M▼
Taxes, remuneration and social security45€162k€208k▲
Taxes450/3-€49k
Remuneration and social security454/9€162k€160k▼
Accrued charges and deferred income492/3-€800
Income statement
Code20242025
Operating income70/76A-€48.06M
Turnover70-€47.78M
Other operating income74-€213k
Non-recurring operating income76A€95k€62k▼
Operating charges60/66A-€47.97M
Goods for resale, raw materials and consumables60-€39.99M
Purchases600/8-€40.01M
Change in stocks: decrease (increase)609-€-13k
Services and other goods61-€5.21M
Remuneration, social security and pensions62€1.81M€2.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€564k€596k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-22k€-8k▲
Other operating charges640/8€78k€82k▲
Non-recurring operating charges66A€5k€7k▲
Gross operating margin9900€2.51M-
Operating profit (loss)9901€76k€86k▲
Financial income75/76B€92k€76k▼
Recurring financial income75€92k€76k▼
Income from financial fixed assets750-€7k
Other financial income752/9-€69k
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Debt charges650-€177
Other financial charges652/9-€8k
Profit (loss) for the period before taxes9903€161k€154k▼
Transfer from deferred taxes780€14k€14k=
Income taxes67/77€66k€66k▲
Taxes670/3-€80k
Tax adjustments and reversals of tax provisions77-€14k
Profit (loss) for the period9904€109k€102k▼
Transfer from tax-exempt reserves789€43k€43k=
Profit (loss) for the period to be appropriated9905€152k€145k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.37M€2.51M▲
Profit (loss) brought forward from the previous period14P€2.22M€2.36M▲
Transfer to equity691/2€8k€7k▼
To the legal reserve6920€8k€7k▼
Social balance
Average headcount (FTE)908735.437.5▲
The notes to these accounts (50 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €248k ▲6090%
Operating result €402k, net result €248k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Dilbeek · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselstraat 1251702 DilbeekGround area
9,749 m²
Building footprint
4,538 m²
Volume, LiDAR
69,295 m³
Parcel 23026B0101/00S000, Flanders · tallest building 19.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Brusselstraat 125, 1702 Dilbeek
since 20112.203.237.313
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026B0101/00S000 | Flanders | 9,749 m² | 1 · 4,538 m² | 19.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 16,002 EUR awarded · 16,002 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 331 EUR | 331 EUR |
| 2024 | 2 | 2,192 EUR | 2,192 EUR |
| 2023 | 2 | 3,499 EUR | 3,499 EUR |
| 2022 | 2 | 9,980 EUR | 9,980 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDilbeek2.203.237.313
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
DEBROUX
BE 0634.786.509
Sambreville · Eq €7.88M
Le Bocage
BE 0417.843.732
Herve · Eq €7.18M
LOVENFOSSE
BE 0439.182.148
Aubel · Eq €7.12M
MEAT FOR YOU
BE 0662.622.737
Mons · Eq €7.08M
Gephuras
BE 0431.706.022
Temse · Eq €8.61M
Of 756 companies in sector 46321 we hold annual accounts for 551. 222 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-10-1970
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
51321
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.