SCHILTZ
ActiveSummary
SCHILTZ has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €930k and a net result of €-838. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 36% of 517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▼-38
Solvency46▼-54
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 5.37 in 2023; short-term debt: 10.3% and cash: 6.7% of total assets), but 78.7% of the assets are financed with debt.
Credit check 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
21.3%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
53 d early
2021
59 d early
2020
36 d early
2019
64 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-838
2023 · €19k
Working capital
€371k▼ 59.4%
2023 · €914k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8k▼ 81.4%€209k▲ 2,553%€163k▼ 22.0%€33k▼ 80.0%€55k▲ 69.8%
Net result€924▼ 96.3%€155k▲ 16,673%€146k▼ 5.9%€19k▼ 86.9%€-838
Equity€811k▲ 0.1%€866k▲ 6.8%€911k▲ 5.3%€930k▲ 2.1%€930k▼ 0.1%
Total assets€1.05M▼ 4.0%€1.23M▲ 17.8%€1.30M▲ 5.3%€1.14M▼ 12.1%€4.37M▲ 283%
Debt€234k▼ 15.9%€366k▲ 56.0%€385k▲ 5.3%€209k▼ 45.7%€3.44M▲ 1,545%
Working capital€781k▲ 3.8%€831k▲ 6.4%€886k▲ 6.6%€914k▲ 3.2%€371k▼ 59.4%
Staff (FTE)6.5▼ 4.4%6.4▼ 1.5%7.1▲ 10.9%6.5▼ 8.5%6▼ 7.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 70% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.37M
Fixed assets
€3.55M ▲ 21,337%
Current assets
€819k ▼ 27.1%
Equity and liabilities €4.37M
Equity
€930k ▼ 0.1%
Debt
€3.44M ▲ 1,545%
Debt's share of the balance-sheet total rises from 18.4% to 78.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98k▲
2023 · €42k
Cash flow
€42k▲
2023 · €28k
Current ratio
1.83▼
2023 · 5.37
Quick ratio
1.46▼
2023 · 4.58
Debt to equity
3.70▲
2023 · 0.22
ROE
-0.1%▼
2023 · 2.1%
ROA
0.0%▼
2023 · 1.7%
Interest coverage
1.68▼
2023 · 20.65
Debt ≤ 1 year
€448k▲
2023 · €209k
Debt > 1 year
€2.99M
Income taxes
€4k▼
2023 · €12k
Staff costs
€494k▼
2023 · €549k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €440k | €506k | €549k | €494k | ▼ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €25k | €9k | €9k | €43k | ▲ 364% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-35k | €12k | €-17k | €14k | ▲ 179% |
| Other operating charges640/8 | - | €4k | €1k | €2k | €26k | ▲ 1,492% |
| Gross operating margin9900 | €503k | €642k | €691k | €575k | €632k | ▲ 9.8% |
| Operating profit (loss)9901 | €8k | €209k | €163k | €33k | €55k | ▲ 69.8% |
| Financial income75/76B | - | €8k | €42k | €826 | €6k | ▲ 682% |
| Recurring financial income75 | €396 | €93 | €661 | €826 | €2k | ▲ 105% |
| Non-recurring financial income76B | - | €8k | €41k | - | €5k | - |
| Financial charges65/66B | - | €5k | €4k | €2k | €58k | ▲ 2,776% |
| Recurring financial charges65 | €2k | €5k | €4k | €2k | €58k | ▲ 2,776% |
| Profit (loss) for the period before taxes9903 | €6k | €211k | €201k | €31k | €4k | ▼ 88.6% |
| Income taxes67/77 | €5k | €56k | €55k | €12k | €4k | ▼ 64.0% |
| Profit (loss) for the period9904 | €924 | €155k | €146k | €19k | €-838 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €924 | €155k | €146k | €19k | €-838 | ▼ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.05M | €1.23M | €1.30M | €1.14M | €4.37M | ▲ 283% |
| Fixed assets21/28 | €30k | €35k | €26k | €17k | €3.55M | ▲ 21,337% |
| Tangible fixed assets22/27 | €30k | €35k | €26k | €17k | €3.55M | ▲ 21,337% |
| Land and buildings22 | - | - | - | - | €3.51M | - |
| Furniture and vehicles24 | - | €35k | €26k | €17k | €45k | ▲ 170% |
| Current assets29/58 | €1.02M | €1.20M | €1.27M | €1.12M | €819k | ▼ 27.1% |
| Stocks and contracts in progress3 | €226k | €212k | €195k | €165k | €164k | ▼ 0.1% |
| Stocks30/36 | - | €212k | €195k | €165k | €164k | ▼ 0.1% |
| Amounts receivable within one year40/41 | €283k | €340k | €306k | €256k | €353k | ▲ 37.9% |
| Trade receivables40 | - | €337k | €303k | €246k | €278k | ▲ 13.4% |
| Other amounts receivable41 | - | €3k | €3k | €10k | €75k | ▲ 613% |
| Cash at bank and in hand54/58 | €502k | €642k | €767k | €699k | €292k | ▼ 58.2% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €3k | €9k | ▲ 160% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.05M | €1.23M | €1.30M | €1.14M | €4.37M | ▲ 283% |
| Equity10/15 | €811k | €866k | €911k | €930k | €930k | ▼ 0.1% |
| Contributions10/11 | €99k | €99k | €99k | €99k | €99k | = |
| Capital10 | - | €99k | €99k | €99k | €99k | = |
| Issued capital100 | - | €99k | €99k | €99k | €99k | = |
| Reserves13 | €610k | €660k | €710k | €710k | €710k | = |
| Non-distributable reserves130/1 | - | €10k | €10k | €10k | €10k | = |
| Legal reserve130 | - | €10k | €10k | €10k | €10k | = |
| Distributable reserves133 | - | €650k | €700k | €700k | €700k | = |
| Profit (loss) carried forward14 | €102k | €107k | €102k | €121k | €121k | ▼ 0.7% |
| Amounts payable17/49 | €234k | €366k | €385k | €209k | €3.44M | ▲ 1,545% |
| Amounts payable after more than one year17 | - | - | - | - | €2.99M | - |
| Financial debts170/4 | - | - | - | - | €1.99M | - |
| Other amounts payable178/9 | - | - | - | - | €1.00M | - |
| Amounts payable within one year42/48 | €234k | €366k | €385k | €209k | €448k | ▲ 114% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €164k | - |
| Financial debts43 | - | - | - | - | €63k | - |
| Credit institutions430/8 | - | - | - | - | €63k | - |
| Trade debts44 | €148k | €167k | €168k | €94k | €129k | ▲ 37.3% |
| Suppliers440/4 | - | €167k | €168k | €94k | €129k | ▲ 37.3% |
| Advances received on contracts in progress46 | - | - | €8k | - | - | - |
| Taxes, remuneration and social security45 | - | €99k | €106k | €112k | €92k | ▼ 18.3% |
| Taxes450/3 | - | €44k | €43k | €51k | €43k | ▼ 16.3% |
| Remuneration and social security454/9 | - | €55k | €63k | €61k | €49k | ▼ 20.1% |
| Other amounts payable47/48 | - | €100k | €103k | €3k | €6 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | - | €83 | €50 | €98 | €534 | ▲ 444% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €924 | €155k | €146k | €19k | €-838 | ▼ 104% |
| + Depreciation and write-downs630 | €44k | €25k | €9k | €9k | €43k | ▲ 364% |
| Operating cash flow (approximation) | €44k | €180k | €155k | €28k | €42k | ▲ 48.0% |
| Investment in fixed assets (approximation) | - | €-30k | €0 | €0 | €-3.58M | - |
| Change in cash | - | €140k | €125k | €-68k | €-407k | ▼ 495% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-838
Net result drops to €-838, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €155k ▲16,673%
Operating result €209k, net result €155k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 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, Sint-Agatha-Berchem · 1 establishment unit since 1987
Ground area
8,223 m²
Building footprint
3,317 m²
Volume, LiDAR
26,328 m³
2 parcels, Brussels · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
SCHILTZ SA
since 19872.033.300.637
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0338/00N002 | Brussels | 4,977 m² | 1 · 2,144 m² | 8.6 m · 2 fl. |
| 21342B0060/00N000 | Brussels | 3,246 m² | 1 · 1,173 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
CLAESSENS INVEST
BE 0657.965.747
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BE 0687.603.207
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WN MANAGEMENT & CONSULTANCY
BE 0445.299.581
Zulte · Eq €867k
GOVAERT EN VANHOUTTE
BE 0440.083.753
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IMMO CHIDOFF
BE 0433.909.209
Ganshoren · Eq €855k
Of 233 companies in sector 77221 we hold annual accounts for 125. 72 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-01-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
77221Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.