Schilderwerken Steegmans

Active

Private limited companyfounded 20223 yrs activeKempische Kaai 63, 3500 Hasselt, BelgiumKBO/BCE: BE 0794.673.587

Summary

The computed 12-month bankruptcy probability of Schilderwerken Steegmans is 3.1% (moderate). The 2024 annual accounts show equity of €11k and a net result of €3k. Its solvency ranks better than 22% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

53 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability65▼-17

Solvency46▲+5

Growth52

Track record94

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 1.75 against 1.45 in 2023; short-term debt: 23.4% and cash: 14.1% of total assets), but 79.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

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 2024

Solvency, return and age of the figures

Solvency

20.5%

Return on assets

5.6%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 36375 sector peers (2024).

NBB · sector comparison

Position among 36375 sector peers

Solvency

better than 22%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

37 d early

2023

27 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€11k▲ 37.3%

2023 · €8k

2023: €8k

2023 → 2024

Total assets

€54k▲ 10.1%

2023 · €49k

2023: €49k

2023 → 2024

Net result

€3k▼ 40.8%

2023 · €5k

2023: €5k

2023 → 2024

Working capital

€10k▲ 98.8%

2023 · €5k

2023: €5k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€8k-€11k▲ 37.3%

Operating result€10k-€7k▼ 27.1%

Net result€5k-€3k▼ 40.8%

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 2024; 2024 is 27% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €54k

59.1%

40.9%

Fixed assets €32k ▼ 5.2%

Current assets €22k ▲ 43.4%

Equity and liabilities €54k

20.5%

79.5%

Equity €11k ▲ 37.3%

Debt €43k ▲ 4.7%

Debt's share of the balance-sheet total falls from 83.5% to 79.5%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€9k▼

2023 · €13k

Cash flow

€5k▼

2023 · €9k

Current ratio

1.75▲

2023 · 1.45

Debt to equity

3.87▼

2023 · 5.08

ROE

27.2%▼

2023 · 63.0%

ROA

5.6%▼

2023 · 10.4%

Interest coverage

4.66▼

2023 · 6.23

Debt ≤ 1 year

€13k▲

2023 · €11k

Debt > 1 year

€30k▼

2023 · €30k

Income taxes

€2k▼

2023 · €2k

Staff costs

€4k▲

2023 · €166

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines

Balance sheet Code20232024

Assets

Total assets20/58€49k€54k▲

Fixed assets21/28€34k€32k▼

Tangible fixed assets22/27€34k€32k▼

Land and buildings22€34k€32k▼

Current assets29/58€15k€22k▲

Amounts receivable within one year40/41€10k€14k▲

Trade receivables40-€450

Other amounts receivable41€10k€14k▲

Cash at bank and in hand54/58€5k€8k▲

Deferred charges and accrued income490/1€601€470▼

Equity and liabilities

Total equity and liabilities10/49€49k€54k▲

Equity10/15€8k€11k▲

Contributions10/11€3k€3k=

Reserves13€5k€8k▲

Distributable reserves133€5k€8k▲

Profit (loss) carried forward14€102€123▲

Amounts payable17/49€41k€43k▲

Amounts payable after more than one year17€30k€30k▼

Financial debts170/4€30k€30k▼

Amounts payable within one year42/48€11k€13k▲

Current portion of amounts payable after more than one year42€3k€2k▼

Financial debts43-€2k

Credit institutions430/8-€2k

Trade debts44€4k€5k▲

Suppliers440/4€4k€5k▲

Taxes, remuneration and social security45€3k€5k▲

Taxes450/3€3k€5k▲

Remuneration and social security454/9€531€172▼

Income statement Code20232024

Remuneration, social security and pensions62€166€4k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼

Other operating charges640/8€62€419▲

Gross operating margin9900€13k€13k▼

Operating profit (loss)9901€10k€7k▼

Financial income75/76B€44€3▼

Recurring financial income75€44€3▼

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€7k€5k▼

Income taxes67/77€2k€2k▼

Profit (loss) for the period9904€5k€3k▼

Profit (loss) for the period to be appropriated9905€5k€3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€5k€3k▼

Profit (loss) brought forward from the previous period14P-€102

Transfer to equity691/2€5k€3k▼

To other reserves6921€5k€3k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

24-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

NBB filing

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, Hasselt · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Kempische Kaai 633500 Hasselt

Ground area

8,442 m²

Building footprint

1,881 m²

Volume, LiDAR

34,471 m³

2 parcels, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

Schilderwerken Steegmans

Keizersteegveld 8, 3590 DiepenbeekPlastering work

since 20222.338.833.613

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71327G0279/00Z002	Flanders	7,392 m²	1 · 1,703 m²	23.4 m · 6 fl.
71403G0423/00A000	Flanders	1,051 m²	1 · 178 m²	8.3 m · 2 fl.

Linked by address, not proof of ownership

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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid

Year	Entries	awarded	paid
2025	1	1,000 EUR	1,000 EUR

Schemes

Premie kwalificerend werkplekleren

1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

2 live approvals

Fijnschilder (vwo)

Goedgekeurd · 2024 to 2029

Fijnschilder duaal (so)

Goedgekeurd · 2024 to 2029

Similar companies · same sector, comparable size

Gielen Painting

BE 1011.184.121

Merelbeke-Melle · Eq €11,127

Vleteren · Eq €11,210

Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 1,722 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-12-2022

Fiscal year end31-12

Activities, NACEBEL 2025

43341Painting of buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.