Schilderwerken Baelen
ActiveSchilderwerken Baelen has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €150. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-27
Solvency12▲+2
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 0.77 in 2024), and 94.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
5.9%
Return on assets
0.9%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27386 sector peers (2025).
NBB · sector comparisonPosition among 27386 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-12-2025, 121 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
121 d early
2024
72 d early
2023
55 d early
2022
83 d early
2021
68 d early
2020
59 d early
2019
27 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▲ 17.1%
2024 · €875
2018: €6k
2019: €7k
2020: €1k
2021: €982
2022: €-3k
2023: €-5k
2024: €875
2018 → 2025
Total assets
€17k▲ 21.4%
2024 · €14k
2018: €38k
2019: €32k
2020: €26k
2021: €29k
2022: €24k
2023: €19k
2024: €14k
2018 → 2025
Net result
€150▼ 97.5%
2024 · €6k
2018: €303
2019: €1k
2020: €-6k
2021: €-308
2022: €-4k
2023: €-3k
2024: €6k
2018 → 2025
Working capital
€-2k▲ 36.8%
2024 · €-3k
2018: €2k
2019: €1k
2020: €-4k
2021: €-5k
2022: €-9k
2023: €-10k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€982-€-3k€-5k▼ 105%€875€1k▲ 17.1%
Operating result€1k-€-2k€-565▲ 73.8%€8k€2k▼ 79.0%
Net result€-308-€-4k▼ 1,040%€-3k▲ 24.5%€6k€150▼ 97.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17k
Fixed assets
€3k▼ 25.0%
Current assets
€14k▲ 39.4%
Equity and liabilities €17k
Equity
€1k▲ 17.1%
Debt
€16k▲ 21.6%
The debt ratio rises from 93.9% to 94.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€3k▼
2024 · €9k
Cash flow
€1k▼
2024 · €7k
Solvency
5.9%▼
2024 · 6.1%
Current ratio
0.88▲
2024 · 0.77
Quick ratio
0.65▲
2024 · 0.52
Debt / equity
15.94
ROE
14.6%
ROA
0.9%▼
2024 · 42.4%
Interest coverage
1.90▼
2024 · 4.58
Debt
€16k▲
2024 · €13k
Debt ≤ 1 year
€16k▲
2024 · €13k
Income taxes
€143▲
2024 · €135
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€14k€17k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€10k€14k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€6k€9k▲
Trade receivables40€6k€9k▲
Other amounts receivable41€26€121▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€14k€17k▲
Equity10/15€875€1k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€868€868=
Non-distributable reserves130/1€360€360=
Reserves not available under the articles1311€360€360=
Distributable reserves133€508€508=
Profit (loss) carried forward14€-6k€-6k▲
Amounts payable17/49€13k€16k▲
Amounts payable within one year42/48€13k€16k▲
Financial debts43€6k€9k▲
Credit institutions430/8€6k€9k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€171€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€10k€4k▼
Operating profit (loss)9901€8k€2k▼
Financial income75/76B€21€5▼
Recurring financial income75€21€5▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€6k€293▼
Income taxes67/77€135€143▲
Profit (loss) for the period9904€6k€150▼
Profit (loss) for the period to be appropriated9905€6k€150▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-6k▲
Profit (loss) brought forward from the previous period14P€-12k€-6k▲
The notes to these accounts (3 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
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €6k
Net result €6k after 4 loss-making years.
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-6k ▼546%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 2009
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.
Adriaansensweg 348900 IeperGround area
1,900 m²
Building footprint
253 m²
Volume, LiDAR
1,241 m³
Parcel 33303E0228/00K002, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SCHILDERWERKEN BAELEN
since 20092.176.757.994
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0228/00K002 | Flanders | 1,900 m² | 1 · 253 m² | 10.2 m · 1 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.
Similar companies · same sector, comparable size
B-hive
BE 0782.939.854
Kontich · Eq €1k
Stikxx
BE 1005.865.353
Izegem · Eq €1k
Decor Style Blanckaert
BE 0840.446.701
Wervik · Eq €1,000
SSB-GROEP
BE 0547.667.542
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BELA DECOR
BE 1001.828.569
Wezembeek-Oppem · Eq €983
Of 7,816 companies in sector 43341 we hold annual accounts for 2,640. 313 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2009
Fiscal year end30-09
Activities, NACEBEL
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.