SCHRIJNWERKERIJ VAN DEN REECK

Active

Private limited companyfounded 20232 yrs activeMolenstraat 25, 9960 Assenede, BelgiumKBO/BCE: BE 1003.387.893

Summary

The computed 12-month bankruptcy probability of SCHRIJNWERKERIJ VAN DEN REECK is 2.3% (moderate). The 2025 annual accounts show equity of €31k and a net result of €16k. Its solvency ranks better than 23% of 27786 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

53 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability83▲+3

Solvency46▲+12

Growth78

Track record82

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity short (current ratio 0.76 against 0.52 in 2024; short-term debt: 60.8% and cash: 6.5% of total assets), and 78.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

21.3%

Return on assets

11.3%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 27786 sector peers (2025).

NBB · sector comparison

Position among 27786 sector peers

Solvency

better than 23%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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

28 d late

2024

19 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€31k▲ 113%

2024 · €14k

2024: €14k

2024 → 2025

Total assets

€144k▼ 5.3%

2024 · €152k

2024: €152k

2024 → 2025

Net result

€16k▲ 21.9%

2024 · €13k

2024: €13k

2024 → 2025

Working capital

€-21k▲ 59.3%

2024 · €-51k

2024: €-51k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€14k-€31k▲ 113%

Operating result€20k-€24k▲ 21.5%

Net result€13k-€16k▲ 21.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 21% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €144k

53.6%

46.4%

Fixed assets €77k ▼ 20.8%

Current assets €67k ▲ 22.5%

Equity and liabilities €144k

21.3%

78.7%

Equity €31k ▲ 113%

Debt €113k ▼ 17.7%

Debt's share of the balance-sheet total falls from 90.5% to 78.7%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€46k▲

2024 · €33k

Cash flow

€39k▲

2024 · €27k

Current ratio

0.76▲

2024 · 0.52

Quick ratio

0.29▲

2024 · 0.12

Debt to equity

3.69▼

2024 · 9.57

ROE

53.1%▼

2024 · 93.0%

ROA

11.3%▲

2024 · 8.8%

Interest coverage

12.08▲

2024 · 7.60

Debt ≤ 1 year

€88k▼

2024 · €106k

Debt > 1 year

€26k▼

2024 · €32k

Income taxes

€4k▲

2024 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines

Balance sheet Code20242025

Assets

Total assets20/58€152k€144k▼

Fixed assets21/28€98k€77k▼

Intangible fixed assets21€235€185▼

Tangible fixed assets22/27€97k€77k▼

Land and buildings22€4k€3k▼

Plant, machinery and equipment23€35k€29k▼

Furniture and vehicles24€15k€11k▼

Leasing and similar rights25€44k€33k▼

Current assets29/58€54k€67k▲

Stocks and contracts in progress3€42k€42k▼

Stocks30/36€42k€42k▼

Amounts receivable within one year40/41€1k€15k▲

Trade receivables40€705€8k▲

Other amounts receivable41€699€7k▲

Cash at bank and in hand54/58€9k€9k▲

Deferred charges and accrued income490/1€3k€1k▼

Equity and liabilities

Total equity and liabilities10/49€152k€144k▼

Equity10/15€14k€31k▲

Contributions10/11€1k€1k=

Reserves13€13k€30k▲

Distributable reserves133€13k€30k▲

Amounts payable17/49€138k€113k▼

Amounts payable after more than one year17€32k€26k▼

Financial debts170/4€32k€26k▼

Amounts payable within one year42/48€106k€88k▼

Current portion of amounts payable after more than one year42€12k€17k▲

Trade debts44€13k€8k▼

Suppliers440/4€13k€8k▼

Taxes, remuneration and social security45€4k€8k▲

Taxes450/3€4k€8k▲

Other amounts payable47/48€77k€55k▼

Accrued charges and deferred income492/3€524-

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€22k▲

Other operating charges640/8€2k€1k▼

Gross operating margin9900€35k€47k▲

Operating profit (loss)9901€20k€24k▲

Financial income75/76B€941€417▼

Recurring financial income75€941€417▼

Financial charges65/66B€4k€4k▼

Recurring financial charges65€4k€4k▼

Profit (loss) for the period before taxes9903€16k€20k▲

Income taxes67/77€3k€4k▲

Profit (loss) for the period9904€13k€16k▲

Profit (loss) for the period to be appropriated9905€13k€16k▲

Appropriation of the result

Profit (loss) to be appropriated9906€13k€16k▲

Transfer to equity691/2€13k€16k▲

To other reserves6921€13k€16k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 28 days late

2025

19-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 19 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Assenede · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Molenstraat 259960 Assenede

Ground area

509 m²

Building footprint

126 m²

Volume, LiDAR

439 m³

Parcel 43002E1209/00P004, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

SCHRIJNWERKERIJ VAN DEN REECK

Molenstraat 25, 9960 AssenedeJoinery installation

since 20232.355.053.201

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43002E1209/00P004	Flanders	509 m²	1 · 126 m²	7.0 m · 1 fl.

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.

Recognitions · licences · registrations

Dual-learning approval

1 live approval

Binnen- en buitenschrijnwerk duaal (so)

Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Project & Schrijnwerk J.S

BE 0802.132.986

Zandhoven · Eq €30,684

PMS EUROPE

BE 0792.926.597

Sint-Pieters-Leeuw · Eq €30,698

Menuiserie Romain MABOGE

BE 1028.211.678

Bastogne · Eq €30,631

Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 6,826 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-12-2023

Fiscal year end31-12

Activities, NACEBEL 2025

43320Joinery installation

43410Roofing work

47529Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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