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SCHILDERWERKEN MAES

Active
Private limited companyfounded 1982active for 43 yearsOud-Slachthuisstraat 29, 8870 Izegem, BelgiumKBO/BCE: BE 0423.280.383
Summary

SCHILDERWERKEN MAES has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316,104 and a net result of -€109,425. Equity is shrinking by about 4.1% per year across the filed financial years. Its solvency ranks better than 50% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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SCHILDERWERKEN MAESActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
Painting of buildings
NACE 43341Specialised construction activities NACE 43343
1 site
Size
≈ €49,000turnover 2025, estimated
Staff
1.5 FTE
Equity
€316,104
Loss
-€109,425
Turnover estimated from the gross margin
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts 6 days early1 of 2 deeds summarised
Why 68raises riskLoss of €109,425, the second in a row (financial year 2025)1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.96, cash €284,882Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 71-9
equity 46.4% of total assets
Liquidity 74+3
short-term debt 51.1% · cash 41.8%
Profitability 0-15
return on assets -16.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 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: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.2 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.96, compared with 1.17 in 2024, below 1; short-term debt: 51.1% and cash: 41.8% of total assets), and 53.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, micro): better than 50% on solvency, 73% on liquidity, 4% on profitability and 16% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €109,425, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.96, cash €284,882
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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
19202122232425
2019 to 2025 · latest year -€109,425
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 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 days early
2024
7 days early
2023
27 days early
2022
7 days early
2021
31 days early
2020
30 days early
2019
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 23 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end29-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeAmendment of the articles ·…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€109,425 View
  • Caution: Result fell in 2025from -€24,454 to -€109,425 ▼ 347% View
  • Caution: Among the weakest 5% on net resultsector median €10,237 · 34,776 companies -€109,425 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€681,186
Loss
-€109,425
Solvency
46.4%
Total assets▼ 11.9%
Net result
20192025
Go to Financials

Timeline

Events
47
Since
1984
Next accounts
by 30-04-2027
  1. 03-04-2024Annual accounts filed
  2. 23-04-2023Annual accounts filed
  3. 30-09-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Painting of buildingsNACE 43341
Founded
22-12-1982
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Financial year
From 1 April to 31 March
Annual meeting
First Tuesday of September at 18:00
Go to Articles of association

Key facts about SCHILDERWERKEN MAES

What is the company number of SCHILDERWERKEN MAES?
0423.280.383. In Belgium the VAT number is the company number with BE in front: BE 0423.280.383.
Where is SCHILDERWERKEN MAES based?
The registered office is at Oud-Slachthuisstraat 29, 8870 Izegem.Company details
What does SCHILDERWERKEN MAES do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of SCHILDERWERKEN MAES?
Private limited company (BV).
When was SCHILDERWERKEN MAES founded?
On 22-12-1982.
Is SCHILDERWERKEN MAES still active?
Yes, SCHILDERWERKEN MAES is an active enterprise in the KBO register.
How many employees does SCHILDERWERKEN MAES have?
On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SCHILDERWERKEN MAES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SCHILDERWERKEN MAES profitable?
In financial year 2025, SCHILDERWERKEN MAES made a loss of €109,425.
Where can I find the annual accounts of SCHILDERWERKEN MAES?
SCHILDERWERKEN MAES filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SCHILDERWERKEN MAES due?
By 30-04-2027, for financial year 2026.Timeline

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