Schilderwerken Vansteelandt
ActiveThe computed 12-month bankruptcy probability of Schilderwerken Vansteelandt is 1.9% (moderate). The 2025 annual accounts show equity of €297k and a net result of €91k. Equity is growing by ~47.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 27711 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88=
Solvency74▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.7 against 2.58 in 2024; short-term debt: 13.2% and cash: 38.7% of total assets), but 51% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
49%
Return on assets
15%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
2 d early
2023
69 d late
2022
31 d late
2021
60 d late
← 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
€297k▲ 44.4%
2024 · €206k
2021: €40k
2022: €103k
2023: €134k
2024: €206k
2021 → 2025
Total assets
€606k▲ 11.7%
2024 · €543k
2021: €89k
2022: €206k
2023: €499k
2024: €543k
2021 → 2025
Net result
€91k▲ 9.4%
2024 · €83k
2021: €35k
2022: €63k
2023: €31k
2024: €83k
2021 → 2025
Working capital
€216k▲ 69.1%
2024 · €128k
2021: €27k
2022: €85k
2023: €58k
2024: €128k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€103k▲ 158%€134k▲ 30.0%€206k▲ 53.2%€297k▲ 44.4%
Operating result€47k-€79k▲ 69.6%€47k▼ 40.5%€125k▲ 164%€134k▲ 7.4%
Net result€35k-€63k▲ 80.9%€31k▼ 51.0%€83k▲ 169%€91k▲ 9.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €606k
Fixed assets
€310k▼ 7.1%
Current assets
€296k▲ 41.9%
Equity and liabilities €606k
Equity
€297k▲ 44.4%
Debt
€309k▼ 8.2%
The debt ratio falls from 62.1% to 51.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€170k▲
2024 · €159k
Cash flow
€127k▲
2024 · €117k
Solvency
49.0%▲
2024 · 37.9%
Current ratio
3.70▲
2024 · 2.58
Quick ratio
3.64▲
2024 · 2.52
Debt / equity
1.04▼
2024 · 1.64
ROE
30.7%▼
2024 · 40.6%
ROA
15.0%▼
2024 · 15.4%
Interest coverage
16.56▲
2024 · 13.66
Debt
€309k▼
2024 · €337k
Debt ≤ 1 year
€80k▼
2024 · €81k
Debt > 1 year
€229k▼
2024 · €256k
Income taxes
€34k▲
2024 · €31k
Staff costs
€75k▲
2024 · €8k
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€543k€606k▲
Fixed assets21/28€334k€310k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€331k€307k▼
Land and buildings22€258k€250k▼
Furniture and vehicles24€73k€58k▼
Financial fixed assets28€2k€2k=
Current assets29/58€209k€296k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€18k€54k▲
Trade receivables40€10k€25k▲
Other amounts receivable41€8k€29k▲
Cash at bank and in hand54/58€184k€235k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€543k€606k▲
Equity10/15€206k€297k▲
Contributions10/11€5k€5k=
Reserves13€201k€292k▲
Distributable reserves133€201k€292k▲
Amounts payable17/49€337k€309k▼
Amounts payable after more than one year17€256k€229k▼
Financial debts170/4€256k€229k▼
Amounts payable within one year42/48€81k€80k▼
Current portion of amounts payable after more than one year42€32k€27k▼
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Taxes, remuneration and social security45€36k€43k▲
Taxes450/3€33k€41k▲
Remuneration and social security454/9€2k€1k▼
Accrued charges and deferred income492/3€356€356=
Income statement
Code20242025
Remuneration, social security and pensions62€8k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€168k€246k▲
Operating profit (loss)9901€125k€134k▲
Financial income75/76B€1k€994▼
Recurring financial income75€1k€994▼
Financial charges65/66B€12k€10k▼
Recurring financial charges65€12k€10k▼
Profit (loss) for the period before taxes9903€114k€125k▲
Income taxes67/77€31k€34k▲
Profit (loss) for the period9904€83k€91k▲
Profit (loss) for the period to be appropriated9905€83k€91k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€91k▲
Transfer from equity791/2€12k-
Transfer to equity691/2€83k€91k▲
To other reserves6921€83k€91k▲
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (11 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €91k ▲9.4%
Operating result €134k, net result €91k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €206k ▲53.2%
4 profitable years in a row build equity to €206k.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €31k ▼51%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €103k ▲158%
2 profitable years in a row build equity to €103k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gistel · 1 establishment unit since 2021
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.
Zevekotestraat 87B8470 GistelGround area
913 m²
Building footprint
132 m²
Volume, LiDAR
4 m³
Parcel 35027B0143/00R000, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
1 establishment unit
Schilderwerken Vansteelandt
since 20212.316.095.823
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35027B0143/00R000 | Flanders | 913 m² | 1 · 132 m² | 0.6 m |
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.
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Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 1,831 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2021
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.