Skip to content
Checked.be
Complete company report
Generated 10-08-2026
Active BE 0447.182.272Private limited company

Schildermanagement Pypops

Groenstraat 25 ·2230 Herselt, Belgium· 34 yrs active
Sector: Retail trade (47621)
Conclusion Checked

The computed 12-month bankruptcy probability of Schildermanagement Pypops is 1.2% (low). The 2024 annual accounts show negative equity (€-14k) and a net result of €-21k. Equity is shrinking by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 6697 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €-14k
Net result €-21k
Staff (FTE) 1
Better than sector 23%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health15Profitability100Solvency33Growth58Stability100
61 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 15
Profitability 100
Solvency 33
Growth 58
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.2% Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Long track record −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1992, 34 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
15 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 26-09-2025 with the NBB · fiscal year 2024 · micro
€-30k€-20k€-10k€0Operating result 2020: €-3k€-3kNet result 2020: €-8k€-8kOperating result 2021: €-23k€-23kNet result 2021: €-23k€-23kOperating result 2022: €-20k€-20kNet result 2022: €-20k€-20kOperating result 2023: €-21k€-21kNet result 2023: €-22k€-22kOperating result 2024: €-21k€-21kNet result 2024: €-21k€-21k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~38.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€-100k€-50k€0€50k€100k2025: €-31k (€-36k - €-25k)2026: €-49k (€-58k - €-40k)2027: €-68k (€-81k - €-56k)2018: €96k2019: €80k2020: €72k2021: €49k2022: €29k2023: €7k2024: €-14k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -8.4% 20.4%
better than 23% of 6697 sector peers
Net result €-21k €4k
better than 11% of 6677 sector peers
Equity €-14k €16k
better than 16% of 6711 sector peers
Gross operating margin €-9k €24k
better than 9% of 6656 sector peers
Staff costs €154 €33k
higher than 5% of 3034 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-11k
+6.0% 18-24
Net profit
€-21k
+2.7% 18-24
Cash flow
€-11k
+5.7% 18-24
Total assets
€170k
-7.1% 18-24
Equity
€-14k
- 18-24
Working capital
€-146k
-8.4% 18-24
Employees (FTE)
1
0.0% 18-24
Staff costs
€154
-20.3% 18-24
Income taxes
€139
-6.2% 18-24
Debt
€185k
+4.8% 18-24
Debt ≤ 1y
€185k
+4.8% 18-24
Debt > 1y
€2k
-56.6% 18-24
Current ratio
0.21
-11.5% 18-24
Quick ratio
0.04
-27.3% 18-24
Solvency
-8.4%
- 18-24
Debt / equity
-12.90
- 18-24
ROE
149.1%
- 18-24
ROA
-12.5%
-4.7% 18-24
Interest coverage
-26.19
+6.7% 18-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€-11k
Net profit€-21k
Cash flow€-11k
Staff costs€154
Income taxes€139
Dividends-
Total assets€170k
Equity€-14k
Debt€185k
of which ≤ 1y€185k
of which > 1y-
Working capital€-146k
Employees (FTE)1.0
Ratios (computed)
2024
Current ratio0.21
Quick ratio0.04
Working capital ratio-85.9%
Solvency-8.4%
Debt / equity-12.90
Long-term debt ratio-
Interest coverage-26.19
Gross margin-
Net margin-
ROA-12.5%
ROE149.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€170k
Fixed assets 21/28€132k
Tangible fixed assets 22/27€132k
Financial fixed assets 28€100
Current assets 29/58€38k
Stocks & contracts in progress 3€31k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€170k
Equity 10/15€-14k
Contributions / capital 10/11€50k
Reserves 13€30k
Accumulated profits (losses) 14€-94k
Amounts payable 17/49€185k
Amounts payable within one year 42/48€185k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€-9k
Operating result 9901€-21k
Financial income 75€10
Financial charges 65€401
Result before taxes 9903€-21k
Income taxes 67/77€139
Net result for the period 9904€-21k
Result to be appropriated 9905€-21k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • De Ceulaer Magda
    Director
    State Gazette act 22076427 (28-06-2022)
    Current
    11-03-2022 → present
Former directors (1)
  • Jacky Duysens
    Director
    State Gazette act 22076427 (28-06-2022)
    Former
    - → 11-03-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Retail trade(47621)
Legal form Private limited company(610)
Incorporation17-04-1992
StatusActive
Postal code2230
Establishment units 2 locations
Schildermanagement Pypops BVBA
Groenstraat 25, 2230 HerseltGroothandel in computers, randapparatuur en programmatuur
since 20022.057.313.778
Dagbladhandel Het Stifke
Averbodesesteenweg 30, 2230 HerseltDetailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
since 20092.180.138.643
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13013E0438/00A000 Flanders 910 m² 1 · 156 m² 7.0 m · 2 fl.
13013E0318/00P002 Flanders 458 m² 1 · 327 m² 10.0 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
07-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
30-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
28-06-2022
State Gazette act Director changes
2021
30-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
20-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
30-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
30-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
28-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 4 years ago
2022
28-06-2022 1 director appointed, 1 resigning Director changes
  • De Ceulaer Magda, Bestuurder
  • Jacky Duysens, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Jacky Duysens",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "death",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2022-03-11",
      "evidence_quote": "Er is een einde gekomen aan het mandaat van wijlen Jacky Duysens door zijn overlijden op 11/03/2022.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": "62012339629",
        "name": "De Ceulaer Magda",
        "address": "2230 Herselt, Groenstraat 25",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2022-03-11",
      "evidence_quote": "De algemene vergadering beslist om met ingang van 11/03/2022 te benoemen tot bestuurder.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": "62012339629",
        "name": "De Ceulaer Magda",
        "address": "2230 Herselt, Groenstraat 25",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-06-28",
    "filing_date": "2022-06-16",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-03-18",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0447.182.272",
    "name_full": "Schildermanagement Pypops",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0419.406.719",
    "org_name": "Fiscaal Accountancy Kantoor BV",
    "person_name": null,
    "org_rep_person_name": "Reynders Roeland",
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Schilderen van gebouwen43341Schilderen van gebouwen43341Schilderen45441Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels47620Detailhandel in kranten en andere tijdschriften47621Overige detailhandel in voedingsmiddelen, neg47279Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.47299Detailhandel in spellen en speelgoed47640Detailhandel in spellen en speelgoed in gespecialiseerde winkels47650Detailhandel in souvenirs en religieuze artikelen47784Detailhandel in souvenirs en religieuze artikelen in gespecialiseerde winkels47786Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.47789Overige detailhandel in nieuwe artikelen neg47789Loterijen en kansspelen92000Activiteiten van loterijen en kansspelen92000
Primary activity highlighted.
Names & trade names
Legal nameNL Schildermanagement Pypops
Registered office
Groenstraat 25
2230 Herselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
ELITE - CARDS BE 0473.761.361 · Herselt
BOEYKENS BE 0460.938.456 · Antwerpen
Chris Houvenaghel & C° BE 0451.331.496 · Antwerpen
DAGBLADHANDEL 't PARK BE 0465.419.955 · Kapellen
PANDAVA BE 0419.001.396 · Stabroek
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative