SCHUDDINCK CREATIONS
ActiveSCHUDDINCK CREATIONS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-36k) and a net result of €13k. Equity is shrinking by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+42
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.59 in 2024; short-term debt: 130.7% and cash: 1.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-31.4%
Return on assets
11.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 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 · 10 filingsDeviation from the deadline
2025
8 d late
2024
21 d late
2023
89 d late
2022
233 d late
2021
74 d late
2020
83 d late
2019
46 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-36k▲ 26.4%
2024 · €-48k
2018: €16k
2019: €8k
2020: €-16k
2021: €-27k
2022: €-51k
2023: €-50k
2024: €-48k
2018 → 2025
Total assets
€113k▲ 18.6%
2024 · €95k
2018: €239k
2019: €191k
2020: €210k
2021: €148k
2022: €127k
2023: €104k
2024: €95k
2018 → 2025
Net result
€13k▲ 864%
2024 · €1k
2018: €-660
2019: €-8k
2020: €-25k
2021: €-11k
2022: €-24k
2023: €2k
2024: €1k
2018 → 2025
Working capital
€-44k▲ 23.9%
2024 · €-58k
2018: €-2k
2019: €-5k
2020: €-30k
2021: €-51k
2022: €-82k
2023: €-64k
2024: €-58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-27k-€-51k▼ 89.1%€-50k▲ 3.4%€-48k▲ 2.7%€-36k▲ 26.4%
Operating result€-869-€-12k▼ 1,335%€6k€6k▼ 4.0%€17k▲ 172%
Net result€-11k-€-24k▼ 123%€2k€1k▼ 23.4%€13k▲ 864%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 172% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€10k▼ 13.3%
Current assets
€104k▲ 22.8%
Key figures and ratios
EBITDA
€23k▲
2024 · €12k
Cash flow
€19k▲
2024 · €7k
Solvency
-31.4%▲
2024 · -50.7%
Current ratio
0.70▲
2024 · 0.59
Quick ratio
0.39▲
2024 · 0.24
Debt / equity
-4.18▼
2024 · -2.97
ROA
11.3%▲
2024 · 1.4%
Interest coverage
5.99▲
2024 · 2.42
Debt
€149k▲
2024 · €144k
Debt ≤ 1 year
€148k▲
2024 · €143k
Debt > 1 year
€850=
2024 · €850
Staff costs
€58k▼
2024 · €76k
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€95k€113k▲
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€11k€9k▼
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€1k-
Other tangible fixed assets26€6k€3k▼
Financial fixed assets28€270€270=
Current assets29/58€84k€104k▲
Stocks and contracts in progress3€50k€46k▼
Stocks30/36€28k€27k▼
Contracts in progress37€22k€19k▼
Amounts receivable within one year40/41€31k€53k▲
Trade receivables40€28k€49k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€95k€113k▲
Equity10/15€-48k€-36k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€13k€13k=
Reserves13€33k€33k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-112k€-99k▲
Amounts payable17/49€144k€149k▲
Amounts payable after more than one year17€850€850=
Other amounts payable178/9€850€850=
Amounts payable within one year42/48€143k€148k▲
Financial debts43€24k€30k▲
Credit institutions430/8€24k€30k▲
Trade debts44€38k€47k▲
Suppliers440/4€38k€47k▲
Taxes, remuneration and social security45€26k€1k▼
Taxes450/3€7k€318▼
Remuneration and social security454/9€19k€1k▼
Other amounts payable47/48€54k€69k▲
Accrued charges and deferred income492/3€283-
Income statement
Code20242025
Remuneration, social security and pensions62€76k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€91k€83k▼
Operating profit (loss)9901€6k€17k▲
Financial income75/76B€130€9▼
Recurring financial income75€130€9▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€1k€13k▲
Profit (loss) for the period9904€1k€13k▲
Profit (loss) for the period to be appropriated9905€1k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-99k▲
Profit (loss) brought forward from the previous period14P€-113k€-112k▲
The notes to these accounts (7 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
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
31-12
Financial
Highest result since 2018net €13k ▲864%
Operating result €17k, net result €13k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 233 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 5 loss-making years.
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 83 days late
2020
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 1997
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.
Grote Baan 1659310 AalstGround area
614 m²
Building footprint
61 m²
Parcel 41026A0311/00T006, Flanders. Linked by address, not a title deed.
1 establishment unit
SCHUDDINCK CREATIONS BVBA
since 19972.081.290.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41026A0311/00T006 | Flanders | 614 m² | 1 · 61 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.
Similar companies · same sector, comparable size
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JVP GOOD WOOD
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VAN SUETENDAEL D.
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MENUISERIE BORREMANS
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Of 20,033 companies in sector 43320 we hold annual accounts for 9,135. 4,229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-03-1997
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43350Other building finishing work
45421
45422
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.