SCHMITZ CONSTRUCTIONS
ActiveThe computed 12-month bankruptcy probability of SCHMITZ CONSTRUCTIONS is 3.2% (moderate). The 2025 annual accounts show negative equity (€-17k) and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 7431 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-11
Solvency1▼-40
Growth51=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 1.21 in 2024; short-term debt: 115.7% and cash: 40.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
-23.6%
Return on assets
-48.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
23 d early
2023
177 d late
2022
38 d late
2021
186 d early
2020
89 d late
2019
61 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
Turnover
€316k▼ 49.3%
2023 · €623k
2019: €149k
2020: €275k
2021: €468k
2022: €971k
2023: €623k
2019 → 2024
EBIT margin
-3.1%▲ 0.1pp
2023 · -3.2%
2019: 15.7%
2020: -15.1%
2021: 6.5%
2022: 3.1%
2023: -3.2%
2019 → 2024
Net result
€-35k▼ 292%
2024 · €-9k
2019: €18k
2020: €-42k
2021: €30k
2022: €23k
2023: €-20k
2024: €-9k
2019 → 2025
Working capital
€-24k
2024 · €17k
2019: €18k
2020: €-26k
2021: €2k
2022: €56k
2023: €27k
2024: €17k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€468k-€971k▲ 107%€623k▼ 35.9%€316k▼ 49.3%
Equity€12k-€47k▲ 285%€27k▼ 42.2%€18k▼ 33.0%€-17k
Operating result€31k-€30k▼ 1.7%€-20k€-10k▲ 50.2%€-28k▼ 189%
Net result€30k-€23k▼ 25.2%€-20k€-9k▲ 54.8%€-35k▼ 292%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€12k▼ 17.5%
Current assets
€60k▼ 37.6%
Key figures and ratios
EBITDA
€-22k▼
2024 · €-2k
Cash flow
€-29k▼
2024 · €-1k
Solvency
-23.6%▼
2024 · 16.4%
Current ratio
0.71▼
2024 · 1.21
Quick ratio
0.56▼
2024 · 0.90
Debt / equity
-5.24▼
2024 · 5.08
ROA
-48.9%▼
2024 · -8.1%
Interest coverage
-3.14▼
2024 · -1.45
Debt
€90k▼
2024 · €93k
Debt ≤ 1 year
€84k▲
2024 · €79k
Debt > 1 year
€6k▼
2024 · €14k
Staff costs
€56k▲
2024 · €27k
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€111k€73k▼
Formation expenses20€458€250▼
Fixed assets21/28€15k€12k▼
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€6k€7k▲
Financial fixed assets28€1k€1k=
Current assets29/58€96k€60k▼
Stocks and contracts in progress3€25k€13k▼
Stocks30/36€25k€13k▼
Amounts receivable within one year40/41€61k€16k▼
Trade receivables40€29k€6k▼
Other amounts receivable41€32k€11k▼
Cash at bank and in hand54/58€10k€30k▲
Deferred charges and accrued income490/1-€958
Equity and liabilities
Total equity and liabilities10/49€111k€73k▼
Equity10/15€18k€-17k▼
Contributions10/11€19k€19k=
Reserves13€890€890=
Non-distributable reserves130/1€890-
Reserves not available under the articles1311€890-
Distributable reserves133-€890
Profit (loss) carried forward14€-1k€-37k▼
Amounts payable17/49€93k€90k▼
Amounts payable after more than one year17€14k€6k▼
Financial debts170/4€14k€6k▼
Amounts payable within one year42/48€79k€84k▲
Current portion of amounts payable after more than one year42€10k€8k▼
Financial debts43-€53
Credit institutions430/8-€53
Trade debts44€15k€52k▲
Suppliers440/4€15k€52k▲
Taxes, remuneration and social security45€15k€1k▼
Remuneration and social security454/9€15k€1k▼
Other amounts payable47/48€39k€23k▼
Income statement
Code20242025
Turnover70€316k-
Non-recurring operating income76A€4k-
Goods, raw materials, services and sundry goods60/61€294k-
Remuneration, social security and pensions62€27k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€994€400▼
Gross operating margin9900€26k€34k▲
Operating profit (loss)9901€-10k€-28k▼
Financial income75/76B€2k€120▼
Recurring financial income75€2k€120▼
Non-recurring financial income76B€2k-
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€-9k€-35k▼
Profit (loss) for the period9904€-9k€-35k▼
Profit (loss) for the period to be appropriated9905€-9k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-37k▼
Profit (loss) brought forward from the previous period14P€8k€-1k▼
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 177 days late
2023
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 38 days late
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-42k ▼336%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Theux · 1 establishment unit since 2019
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.
Chemin de Rigomay 144910 TheuxGround area
1,200 m²
Building footprint
167 m²
Parcel 63044B1542/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SCHMITZ CONSTRUCTIONS
since 20192.284.964.068
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63044B1542/00F000 | Wallonia | 1,200 m² | 1 · 167 m² | - |
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 29,801 companies in sector 41001 we hold annual accounts for 16,050. 11,314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43110Demolition
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.