SCHIFFLER
ActiveThe computed 12-month bankruptcy probability of SCHIFFLER is 3.6% (moderate). The 2025 annual accounts show negative equity (€-93k) and a net result of €-21k. Equity is shrinking by ~29% per year across the filed fiscal years. Its solvency ranks better than 10% of 795 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-8
Solvency14▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.24 in 2024; short-term debt: 74.1% and cash: 13.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-11.3%
Return on assets
-2.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-93k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
42 d late
2024
53 d late
2023
12 d late
2022
31 d late
2021
4 d early
2020
27 d late
← 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-21k▲ 16.0%
2024 · €-25k
2020: €-20k
2021: €248k
2022: €-125k
2023: €-175k
2024: €-25k
2020 → 2025
Working capital
€-399k▲ 2.9%
2024 · €-410k
2020: €-256k
2021: €64k
2022: €-366k
2023: €-452k
2024: €-410k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€246k-€120k▼ 51.0%€-55k€-80k▼ 45.5%€-93k▼ 16.1%
Operating result€306k-€-109k€-159k▼ 46.4%€-9k▲ 94.6%€-13k▼ 51.6%
Net result€248k-€-125k€-175k▼ 39.9%€-25k▲ 85.7%€-21k▲ 16.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €9k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €824k
Fixed assets
€613k▼ 8.5%
Current assets
€212k▲ 64.8%
Key figures and ratios
EBITDA
€101k▼
2024 · €119k
Cash flow
€93k▼
2024 · €102k
Solvency
-11.3%▼
2024 · -10.1%
Current ratio
0.35▲
2024 · 0.24
Quick ratio
0.31▲
2024 · 0.22
Debt / equity
-9.41▲
2024 · -10.38
ROA
-2.6%▲
2024 · -3.1%
Interest coverage
4.38▼
2024 · 5.43
Debt
€877k▲
2024 · €833k
Debt ≤ 1 year
€611k▲
2024 · €539k
Debt > 1 year
€266k▼
2024 · €294k
Income taxes
€768▲
2024 · €636
Staff costs
€307k▲
2024 · €205k
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€798k€824k▲
Fixed assets21/28€669k€613k▼
Tangible fixed assets22/27€669k€613k▼
Land and buildings22€361k€366k▲
Plant, machinery and equipment23€283k€235k▼
Furniture and vehicles24€163€40▼
Leasing and similar rights25€17k€7k▼
Other tangible fixed assets26€8k€4k▼
Current assets29/58€129k€212k▲
Stocks and contracts in progress3€8k€21k▲
Stocks30/36€8k€21k▲
Amounts receivable within one year40/41€83k€69k▼
Trade receivables40€62k€66k▲
Other amounts receivable41€21k€3k▼
Cash at bank and in hand54/58€34k€112k▲
Deferred charges and accrued income490/1€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€798k€824k▲
Equity10/15€-80k€-93k▼
Contributions10/11€18k€18k=
Reserves13€183k€163k▼
Tax-exempt reserves132€183k€163k▼
Profit (loss) carried forward14€-281k€-283k▼
Investment grants15-€8k
Provisions and deferred taxes16€46k€41k▼
Deferred taxes168€46k€41k▼
Amounts payable17/49€833k€877k▲
Amounts payable after more than one year17€294k€266k▼
Financial debts170/4€294k€266k▼
Amounts payable within one year42/48€539k€611k▲
Current portion of amounts payable after more than one year42€30k€27k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€70k€83k▲
Suppliers440/4€70k€83k▲
Taxes, remuneration and social security45€37k€66k▲
Taxes450/3€3k€14k▲
Remuneration and social security454/9€34k€51k▲
Other amounts payable47/48€401k€434k▲
Accrued charges and deferred income492/3€25€25=
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€205k€307k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€114k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€139
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A€29k€0▼
Gross operating margin9900€358k€415k▲
Operating profit (loss)9901€-9k€-13k▼
Financial income75/76B€1k€11k▲
Recurring financial income75€1k€11k▲
Financial charges65/66B€22k€23k▲
Recurring financial charges65€22k€23k▲
Profit (loss) for the period before taxes9903€-29k€-25k▲
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€636€768▲
Profit (loss) for the period9904€-25k€-21k▲
Transfer from tax-exempt reserves789€20k€20k=
Profit (loss) for the period to be appropriated9905€-6k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-281k€-283k▼
Profit (loss) brought forward from the previous period14P€-275k€-281k▼
Social balance
Average headcount (FTE)90876.29.2▲
The notes to these accounts (24 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
11-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 42 days late
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 53 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-175k
Net result drops to €-175k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €248k
Net result €248k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.17
Current ratio from 0.26 to 1.17.
31-12
Financial
Equity above €200kEq €246k ▲4795%
Equity rises from €5k to €246k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Theux · 2 establishment units since 2020
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.
Rue Hovémont 1074910 TheuxGround area
498 m²
Building footprint
135 m²
Volume, LiDAR
577 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Boucherie Schiffler
since 20202.301.169.897
Boucherie Schiffler
since 20202.301.169.996
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076D0467/00V000indicative | Wallonia | 471 m² | 1 · 88 m² | 2.8 m · 1 fl. |
| 63076A0484/00B000indicative | Wallonia | 27 m² | 1 · 47 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
0 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesTheux2.301.169.897
Theux2.301.169.996
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DECLAR
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Of 599 companies in sector 10111 we hold annual accounts for 329. 237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2020
Fiscal year end31-12
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
47221Retail sale of meat and meat products, excluding game and poultry
47210Retail sale of fruit and vegetables
47252Retail sale of beverages, general range
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:schiffler@hotmail.fr