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SCHITER PRO CABLING

Active
Private limited companyfounded 20223 yrs activeGuldenschaapstraat 6, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0794.779.495
Summary

The computed 12-month bankruptcy probability of SCHITER PRO CABLING is 5.5% (elevated). The annual accounts of SCHITER PRO CABLING for fiscal year 2024 show a net loss of 66% of the equity at the start of that year. The 2024 annual accounts show equity of €3,981 and a net result of -€7,805. Its solvency ranks better than 18% of 36380 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency40▼-30
Growth32
Track record94
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.65 against 1.45 in 2023; short-term debt: 85.2% and cash: 31.6% of total assets), and 85.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% 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 2024
Solvency, return and age of the figures
Solvency
14.8%
Return on assets
-29.1%
Age of the figures
21 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 36380 sector peers (2024).
NBB · sector comparison
Position among 36380 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
18 d late
2023
56 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

SCHITER PRO CABLING was incorporated on 14 December 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€3,981▼ 66.2%
2023 · €11,786
Total assets
€26,827▲ 1.7%
2023 · €26,382
Net result
-€7,805
2023 · €10,536
Working capital
-€7,935
2023 · €6,639
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
Line20232024
Operating result€13,373--€7,669
Net result€10,536--€7,805
Equity€11,786-€3,981▼ 66.2%
Total assets€26,382-€26,827▲ 1.7%
Debt€14,596-€22,846▲ 56.5%
Working capital€6,639--€7,935
Staff (FTE)1.4
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2023: €13,373€13,373Net result 2023: €10,536€10,536Operating result 2024: -€7,669-€7,669Net result 2024: -€7,805-€7,80520232024-€10,000€0€10,000Operating result 2023: €13,373€13,400Net result 2023: €10,536€10,500Operating result 2024: -€7,669-€7,670Net result 2024: -€7,805-€7,81020232024
The operating result turns negative in 2024: a loss of €7,669 after €13,373 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26,827
Fixed assets €11,916 ▲ 131%
Current assets €14,911 ▼ 29.8%
Equity and liabilities €26,827
Equity €3,981 ▼ 66.2%
Debt €22,846 ▲ 56.5%
Debt's share of the balance-sheet total rises from 55.3% to 85.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,187▼
2023 · €15,003
Cash flow
-€1,324▼
2023 · €12,166
Current ratio
0.65▼
2023 · 1.45
Debt to equity
5.74▲
2023 · 1.24
ROE
-196.1%▼
2023 · 89.4%
ROA
-29.1%▼
2023 · 39.9%
Interest coverage
-7.97▼
2023 · 191.76
Debt ≤ 1 year
€22,846▲
2023 · €14,596
Staff costs
€20,649
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,207 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
4.2% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,207 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€26,382€26,827▲
Fixed assets21/28€5,148€11,916▲
Tangible fixed assets22/27€5,148€11,916▲
Plant, machinery and equipment23€2,089€1,276▼
Furniture and vehicles24€3,059€10,640▲
Current assets29/58€21,234€14,911▼
Amounts receivable within one year40/41€16,700€6,436▼
Trade receivables40€13,791€2,500▼
Other amounts receivable41€2,909€3,936▲
Cash at bank and in hand54/58€4,534€8,475▲
Equity and liabilities
Total equity and liabilities10/49€26,382€26,827▲
Equity10/15€11,786€3,981▼
Contributions10/11€1,250€1,250=
Profit (loss) carried forward14€10,536€2,731▼
Amounts payable17/49€14,596€22,846▲
Amounts payable within one year42/48€14,596€22,846▲
Trade debts44€4,008€7,381▲
Suppliers440/4€4,008€7,381▲
Taxes, remuneration and social security45€2,761€7,748▲
Taxes450/3€2,761€4,362▲
Remuneration and social security454/9-€3,386
Other amounts payable47/48€7,826€7,716▼
Income statement Code20232024
Remuneration, social security and pensions62-€20,649
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,630€6,481▲
Other operating charges640/8€259€291▲
Gross operating margin9900€15,262€19,752▲
Operating profit (loss)9901€13,373-€7,669▼
Financial income75/76B€2€13▲
Recurring financial income75€2€13▲
Financial charges65/66B€78€149▲
Recurring financial charges65€78€149▲
Profit (loss) for the period before taxes9903€13,297-€7,805▼
Income taxes67/77€2,761-
Profit (loss) for the period9904€10,536-€7,805▼
Profit (loss) for the period to be appropriated9905€10,536-€7,805▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,536€2,731▼
Profit (loss) brought forward from the previous period14P-€10,536

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

Line20232024Change
Remuneration, social security and pensions62-€20,649-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,630€6,481▲ 298%
Other operating charges640/8€259€291▲ 12.2%
Gross operating margin9900€15,262€19,752▲ 29.4%
Operating profit (loss)9901€13,373-€7,669▼ 157%
Financial income75/76B€2€13▲ 503%
Recurring financial income75€2€13▲ 503%
Financial charges65/66B€78€149▲ 90.5%
Recurring financial charges65€78€149▲ 90.5%
Profit (loss) for the period before taxes9903€13,297-€7,805▼ 159%
Income taxes67/77€2,761--
Profit (loss) for the period9904€10,536-€7,805▼ 174%
Profit (loss) for the period to be appropriated9905€10,536-€7,805▼ 174%
Line20232024Change
Assets
Total assets20/58€26,382€26,827▲ 1.7%
Fixed assets21/28€5,148€11,916▲ 131%
Tangible fixed assets22/27€5,148€11,916▲ 131%
Plant, machinery and equipment23€2,089€1,276▼ 38.9%
Furniture and vehicles24€3,059€10,640▲ 248%
Current assets29/58€21,234€14,911▼ 29.8%
Amounts receivable within one year40/41€16,700€6,436▼ 61.5%
Trade receivables40€13,791€2,500▼ 81.9%
Other amounts receivable41€2,909€3,936▲ 35.3%
Cash at bank and in hand54/58€4,534€8,475▲ 86.9%
Equity and liabilities
Total equity and liabilities10/49€26,382€26,827▲ 1.7%
Equity10/15€11,786€3,981▼ 66.2%
Contributions10/11€1,250€1,250=
Profit (loss) carried forward14€10,536€2,731▼ 74.1%
Amounts payable17/49€14,596€22,846▲ 56.5%
Amounts payable within one year42/48€14,596€22,846▲ 56.5%
Trade debts44€4,008€7,381▲ 84.1%
Suppliers440/4€4,008€7,381▲ 84.1%
Taxes, remuneration and social security45€2,761€7,748▲ 181%
Taxes450/3€2,761€4,362▲ 58.0%
Remuneration and social security454/9-€3,386-
Other amounts payable47/48€7,826€7,716▼ 1.4%
Line20232024Change
Profit (loss) for the period9904€10,536-€7,805▼ 174%
+ Depreciation and write-downs630€1,630€6,481▲ 298%
Operating cash flow (approximation)€12,166-€1,324▼ 111%
Investment in fixed assets (approximation)--€13,250-
Change in cash-€3,941-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
25-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
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, Vilvoorde · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
5.5 ha
Building footprint
586 m²
Volume, LiDAR
6,190 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
278 companies at this address See who is registered here
2 establishment units
SCHITER PRO CABLING
Bruynstraat 167, 1120 BrusselGeneral electrical installation work
since 20222.339.764.120
Schiter Pro Cab
Rue de la Station d'Acren(DA) 38, 7864 LessinesGeneral electrical installation work
since 20242.360.521.625
3 parcels
Flanders 1 (33.3%) Wallonia 1 (33.3%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21819A0003/00C000 Brussels 5.4 ha 1 · 367 m² 16.7 m · 4 fl.
55007A0441/00A002 Wallonia 317 m² 1 · 137 m² 10.5 m · 2 fl.
23642D0866/00X000 Flanders 93 m² 1 · 82 m² 11.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 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

Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 3,165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
Website www.schiterprocabling.beLessines
E-mail schiterprocabling@gmail.comLessines
Phone 0493840423Lessines
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794779495
Also 9925:BE0794779495
Registered 18-12-2025

Register as of 27 September 2026 · Peppol Directory

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