Schilderwerken Hubert De Vlieger
ActiveSchilderwerken Hubert De Vlieger has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €389k and a net result of €9k. Equity is growing by ~9.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-2
Solvency76▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.21 in 2024; short-term debt: 46.2% and cash: 18.3% of total assets), and 49.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
50.7%
Return on assets
1.2%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
9 d early
2023
7 d early
2022
13 d early
2021
11 d early
2020
8 d early
2019
3 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€389k▲ 2.5%
2024 · €379k
2018: €141k
2019: €143k
2020: €280k
2021: €302k
2022: €314k
2023: €362k
2024: €379k
2018 → 2025
Total assets
€767k▲ 0.1%
2024 · €767k
2018: €531k
2019: €619k
2020: €732k
2021: €735k
2022: €742k
2023: €781k
2024: €767k
2018 → 2025
Net result
€9k▼ 45.9%
2024 · €18k
2018: €10k
2019: €2k
2020: €137k
2021: €21k
2022: €13k
2023: €47k
2024: €18k
2018 → 2025
Working capital
€85k▲ 16.3%
2024 · €73k
2018: €-175k
2019: €-169k
2020: €-6k
2021: €22k
2022: €-12k
2023: €44k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€302k-€314k▲ 4.2%€362k▲ 15.0%€379k▲ 4.9%€389k▲ 2.5%
Operating result€30k-€31k▲ 3.0%€82k▲ 168%€44k▼ 46.5%€34k▼ 22.6%
Net result€21k-€13k▼ 40.5%€47k▲ 273%€18k▼ 62.9%€9k▼ 45.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €767k
Fixed assets
€328k▼ 6.1%
Current assets
€440k▲ 5.2%
Equity and liabilities €767k
Equity
€389k▲ 2.5%
Debt
€379k▼ 2.3%
The debt ratio falls from 50.6% to 49.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▼
2024 · €67k
Cash flow
€31k▼
2024 · €41k
Solvency
50.7%▲
2024 · 49.4%
Current ratio
1.24▲
2024 · 1.21
Quick ratio
1.24▲
2024 · 1.21
Debt / equity
0.97▼
2024 · 1.02
ROE
2.4%▼
2024 · 4.6%
ROA
1.2%▼
2024 · 2.3%
Interest coverage
2.35▼
2024 · 2.49
Debt
€379k▼
2024 · €388k
Debt ≤ 1 year
€355k▲
2024 · €345k
Income taxes
€3k▼
2024 · €7k
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€767k€767k▲
Fixed assets21/28€349k€328k▼
Tangible fixed assets22/27€349k€328k▼
Land and buildings22€345k€325k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€0€0=
Financial fixed assets28€20-
Current assets29/58€418k€440k▲
Amounts receivable within one year40/41€41k€43k▲
Other amounts receivable41€41k€43k▲
Current investments50/53-€252k
Cash at bank and in hand54/58€375k€141k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€767k€767k▲
Equity10/15€379k€389k▲
Contributions10/11€19k€19k=
Reserves13€361k€370k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€359k€368k▲
Amounts payable17/49€388k€379k▼
Amounts payable after more than one year17€17k-
Financial debts170/4€17k-
Amounts payable within one year42/48€345k€355k▲
Current portion of amounts payable after more than one year42€20k€17k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Other amounts payable47/48€321k€336k▲
Accrued charges and deferred income492/3€26k€24k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Other operating charges640/8€9k€8k▼
Gross operating margin9900€76k€64k▼
Operating profit (loss)9901€44k€34k▼
Financial income75/76B€7k€2k▼
Recurring financial income75€7k€2k▼
Financial charges65/66B€27k€24k▼
Recurring financial charges65€27k€24k▼
Profit (loss) for the period before taxes9903€24k€13k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€18k€9k▼
Profit (loss) for the period to be appropriated9905€18k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€9k▼
Transfer to equity691/2€18k€9k▼
To other reserves6921€18k€9k▼
The notes to these accounts (10 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €137k ▲6407%
Operating result €185k, net result €137k, both a record.
31-12
Financial
Equity above €200kEq €280k ▲95.9%
3 profitable years in a row build equity to €280k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €2k ▼79.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1989
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.
Rosstraat (BAA) 2069200 DendermondeGround area
692 m²
Building footprint
151 m²
Volume, LiDAR
648 m³
Parcel 42002B0887/00A002, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SCHILDERWERKEN BEHANGWERKEN
since 19892.045.420.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002B0887/00A002 | Flanders | 692 m² | 1 · 151 m² | 7.1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-1989
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.