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SCHIFFELEERS-GLAS

Active
Public limited companyfounded 1988active for 37 yearsAardbruggenstraat 91, 3570 Alken, BelgiumKBO/BCE: BE 0435.968.379

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SCHIFFELEERS-GLAS has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491,125 and a net result of -€100,637. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 13% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

KBO
Status
Active since 07-12-1988 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.041.277.205 3570 Alken, since 19-12-1988
Financial year end
31 December
Peppol
Reachable since 31-03-2025

Board and ownership

Board
  • KB SUPPORTDirector · since 22-12-2023 · permanent representative Kris Bosmans
  • Lieven 's HeerenDirector · since 22-12-2023
  • NobelcoDirector · since 22-12-2023 · permanent representative Vincent Jamaer

Financial position

77 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€2.1m
▼ 9.4%
Turnover
≈ €5.9m
estimated
Loss
€100,637
▲ 140%
Equity
€491,125
▼ 17.0%
Total assets
€4.6m
▲ 9.5%
Staff
30.8 FTE
▼ 1.6%
Filed on 31-07-2026, on timeat the National Bank
Score breakdownraises riskEquity €491,125 (10.7% of total assets)Sector: Specialised construction activities (NACE 43)Loss of €100,637, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.52, cash €578,313Show the evidence

Checked score

Score 2025
77 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 18% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 36-3
equity 10.7% of total assets
Liquidity 39+2
short-term debt 52.5% · cash 12.6%
Profitability 23-4
return on assets -2.2%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 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: 0.5%▲ +0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.41 in 2024), above the usual 1.5. Short-term debt is 52.5% and cash 12.6% of total assets. However, 89.3% of the assets are financed with debt and provisions.
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 43, small). It does better than 11% of them on solvency, 39% on liquidity, 10% on profitability and 14% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €491,125 (10.7% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €100,637, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.52, cash €578,313
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 -€100,637
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2445 sector peers (2025).
NBB · sector comparison
Position among 2445 sector peers
Solvency
better than 13%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
7 days early
2022
12 days early
2021
31 days early
2020
12 days early
2019
46 days early
← 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 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from -€41,947 to -€100,637 ▼ 140% View
  • Caution: Lower net result than 91% of companies in specialised constructionsector median €42,866 · 2,446 companies -€100,637 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€100,637 View

Comparable companies

These companies have the same main activity as SCHIFFELEERS-GLAS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €3.2m and €5.5m, founded between 1985 and 1991.

CompanyTotal assetsGross margin
SCHIFFELEERS-GLAS Alken€4.6m€2.1m
SORY Mouscron€4.1m€1.9m
SMET KONSTRUKT Zulte€4.2m€1.7m
BRION ET CHARLOT Charleroi€4.2m€1.9m
ROELANDT INTERIEURBOUW Zottegem€5.5m€2.5m
BAENS AFWERKINGSBEDRIJF Kinrooi€3.9m€2.7m
SCHEVENELS PROJECT INTERIEURS Heusden-Zolder€3.2m€2.6m
Full comparison

Documents

Annual accounts at the NBB

All 37 annual accounts

Articles and registers

Key facts about SCHIFFELEERS-GLAS

What is the company number of SCHIFFELEERS-GLAS?
The company number of SCHIFFELEERS-GLAS is 0435.968.379. The VAT number is the same number with BE in front: BE 0435.968.379.
Where is SCHIFFELEERS-GLAS based?
The registered office is at Aardbruggenstraat 91, 3570 Alken.Company details
What does SCHIFFELEERS-GLAS do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of SCHIFFELEERS-GLAS?
The legal form of SCHIFFELEERS-GLAS is Public limited company (NV).
When was SCHIFFELEERS-GLAS founded?
SCHIFFELEERS-GLAS was founded on 07-12-1988.
Is SCHIFFELEERS-GLAS still active?
Yes, SCHIFFELEERS-GLAS is an active enterprise in the KBO register.
How many employees does SCHIFFELEERS-GLAS have?
SCHIFFELEERS-GLAS had an average of 30.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SCHIFFELEERS-GLAS?
The turnover in financial year 2025 is ≈ €5.9m. This figure is estimated from the gross margin of €2.1m and 68 comparable companies (NACE 43). It probably lies between €4.5m and €7.8m.
Is SCHIFFELEERS-GLAS profitable?
In financial year 2025, SCHIFFELEERS-GLAS made a loss of €100,637.
Where can I find the annual accounts of SCHIFFELEERS-GLAS?
SCHIFFELEERS-GLAS filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SCHIFFELEERS-GLAS due?
SCHIFFELEERS-GLAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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