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SCHITER PRO CABLING

Active
Private limited companyfounded 2022active for 3 yearsGuldenschaapstraat 6, 1800 Vilvoorde, Belgium285 active companies are registered at this addressKBO/BCE: BE 0794.779.495
Summary

The computed 12-month bankruptcy probability of SCHITER PRO CABLING is 8.2% (elevated). The annual accounts of SCHITER PRO CABLING for financial 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 17% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
≈ €160,000
Estimated: probably between €110,000 and €350,000
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

2023 to 2024, 2 financial years

The operating result turns negative in 2024: a loss of €7,669 after €13,373 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,669 2024 Net result-€7,805 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€13,373--€7,669
Net result€10,536within the sector's middle half--€7,805below the sector's middle half
Equity€11,786below the sector's middle half-€3,981below the sector's middle half▼ 66.2%
Total assets€26,382below the sector's middle half-€26,827below the sector's middle half▲ 1.7%
Debt€14,596-€22,846▲ 56.5%
Working capital€6,639within the sector's middle half--€7,935below the sector's middle half
Solvency44.7%within the sector's middle half-14.8%below the sector's middle half▼ 29.8pp
Current ratio1.45within the sector's middle half-0.65below the sector's middle half▼ 0.80
Return on assets (ROA)39.9%above the sector's middle half--29.1%below the sector's middle half▼ 69.0pp
Staff (FTE)1.4
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
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
Debt to equity
5.74▲
2023 · 1.24
ROE
-196.1%▼
2023 · 89.4%
Interest coverage
-7.97▼
2023 · over 100
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, 4.6% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
4.6% stopped otherwise
90.2% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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-
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-
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-
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-
+ Depreciation and write-downs630€1,630€6,481▲ 298%
Operating cash flow (approximation)€12,166-€1,324-
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.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 18-08-2025 2025-00381137
31-12-2023 micro format 25-09-2024 2024-00471709

Similar companies · same sector, comparable size

Of the 22,641 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,538. 3,289 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.