Checked.be
Active
BE 0898.787.845Private limited company (pre-2019)Open bankruptcy
Schoofs Metaalwerken
Mandenmakersweg 25 ·3920 Lommel, Belgium· 18 yrs active
Conclusion
A bankruptcy procedure is open for Schoofs Metaalwerken according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-21k) and a net result of €-318.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €-21k |
| Net result | €-318 |
| Active | 18 yrs |
| Locations | 1 |
Financial profile
20
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
7
Solvency
33
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score history
20
2018
17
2019
18
2020
10
2021
18
2022
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.44 (< 1.0)
-10
Quick ratio
Quick ratio 0.44 (< 0.6)
-5
Equity
Negative equity
-25
Profitability
ROE 1%
+3
Profit trend
Net profit up YoY
+5
Bankruptcy
Open bankruptcy
-60
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 19-06-2023 with the NBB · fiscal year 2022 · micro schema
€-318
+41.8%
18-22
€17k
+30.0%
18-22
€-21k
-1.5%
18-22
€-21k
-1.5%
18-22
€38k
+12.5%
18-22
€38k
+12.5%
18-22
0.44
+15.6%
18-22
0.44
+15.6%
18-22
-125.2%
+21.9%
18-22
-1.80
-10.8%
18-22
1.5%
-42.7%
18-22
-1.9%
+55.3%
18-22
Figures by fiscal year and ratios
| Fiscal year | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | - | - | - | - |
| Net profit | €-318 | €-547 | €-339 | €-41k | €-38k |
| Cash flow | - | - | - | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €17k | €13k | €12k | €13k | €26k |
| Equity | €-21k | €-21k | €-20k | €-20k | €-18k |
| Debt | €38k | €34k | €33k | €33k | €44k |
| of which ≤ 1y | €38k | €34k | €33k | €33k | €44k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-21k | €-21k | €-20k | €-20k | €-18k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Current ratio | 0.44 | 0.38 | 0.38 | 0.40 | 0.59 |
| Quick ratio | 0.44 | 0.38 | 0.38 | 0.40 | 0.59 |
| Working capital ratio | -125.2% | -160.4% | -165.6% | -150.1% | -69.3% |
| Solvency | -125.2% | -160.4% | -165.6% | -150.1% | -69.3% |
| Debt / equity | -1.80 | -1.62 | -1.60 | - | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -1.9% | -4.2% | -2.7% | -304.6% | -149.6% |
| ROE | 1.5% | 2.6% | 1.7% | 202.9% | 216.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €17k | €13k | €12k | €13k | €26k |
| Current assets | 29/58 | €17k | €13k | €12k | €13k | €26k |
| Amounts receivable within one year | 40/41 | €17k | €13k | €12k | €13k | €26k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17k | €13k | €12k | €13k | €26k |
| Equity | 10/15 | €-21k | €-21k | €-20k | €-20k | €-18k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-42k | €-42k | €-41k | €-41k | €-38k |
| Amounts payable | 17/49 | €38k | €34k | €33k | €33k | €44k |
| Amounts payable within one year | 42/48 | €38k | €34k | €33k | €33k | €44k |
| Trade debts payable within one year | 44 | €23k | €28k | €28k | €27k | €28k |
| Income statement | ||||||
| Gross operating margin | 9900 | €23 | - | - | €-161 | €719 |
| Operating result | 9901 | €23 | €-62 | €-62 | €-1k | €310 |
| Financial income | 75 | €265 | €208 | €430 | - | €501 |
| Financial charges | 65 | €606 | €693 | €708 | €1k | €1k |
| Result before taxes | 9903 | €-318 | €-547 | €-339 | €-2k | €-575 |
| Net result for the period | 9904 | €-318 | €-547 | €-339 | €-2k | €-575 |
| Result to be appropriated | 9905 | €-318 | €-547 | €-339 | €-2k | €-575 |
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6,
3700 TONGEREN-BORGLOON |
27-02-2025 → present |
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- |
27-02-2025 → present |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 23-06-2008 |
| Status | Active |
| Postal code | 3920 |
| First insolvency signal | 05-03-2025 |
| Latest insolvency signal | 05-03-2025 |
Establishment units
Schoofs Metaalwerken BVBA
since 20082.172.100.214
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72345B1739/00A000 | Flanders | 600 m² | 1 · 152 m² | 7.7 m · 2 fl. |
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.
Updates
2025
05-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · SCHOOFS METAALWERKEN BV MANDENMAKERSWEG 25, 3920 LOMMEL · event 27-02-2025
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 390 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
03-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals
05-03-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
No credit: a bankruptcy procedure is open.
Company registry (CBE)
Names & trade names
| Legal nameNL | Schoofs Metaalwerken |