Schuler
ActiveSummary
Schuler has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €1k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 94% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-42
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 8.17 against 7.27 in 2024; short-term debt: 12.1% and cash: 49% of total assets), and 12.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.9%
Return on assets
0.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
28 d early
2023
47 d early
2022
22 d early
2021
48 d early
2020
26 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€189k▲ 0.8%
2024 · €187k
Total assets
€215k▼ 1.7%
2024 · €218k
Net result
€1k▼ 84.6%
2024 · €10k
Working capital
€187k=
2024 · €187k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4k▼ 36.3%€-9k€-16k▼ 79.8%€9k€98▼ 98.9%
Net result€5k▼ 22.9%€-5k€-13k▼ 155%€10k€1k▼ 84.6%
Equity€196k▲ 2.7%€191k▼ 2.7%€178k▼ 7.0%€187k▲ 5.3%€189k▲ 0.8%
Total assets€278k▲ 3.1%€253k▼ 9.1%€217k▼ 14.3%€218k▲ 0.8%€215k▼ 1.7%
Debt€82k▲ 4.3%€62k▼ 24.6%€39k▼ 36.8%€31k▼ 20.0%€26k▼ 16.7%
Working capital€191k▲ 0.9%€189k▼ 1.4%€175k▼ 7.2%€187k▲ 6.8%€187k=
Staff (FTE)1.8=1.8=1.8=1.7▼ 5.6%0.9▼ 47.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€2k ▲ 1.8%
Current assets
€213k ▼ 1.7%
Equity and liabilities €215k
Equity
€189k ▲ 0.8%
Debt
€26k ▼ 16.7%
Debt's share of the balance-sheet total falls from 14.3% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €10k
Cash flow
€3k▼
2024 · €10k
Current ratio
8.17▲
2024 · 7.27
Quick ratio
5.88▲
2024 · 5.24
Debt to equity
0.14▼
2024 · 0.17
ROE
0.8%▼
2024 · 5.1%
ROA
0.7%▼
2024 · 4.3%
Interest coverage
1.47▼
2024 · 12.33
Debt ≤ 1 year
€26k▼
2024 · €30k
Income taxes
€459▼
2024 · €950
Staff costs
€28k▼
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €54k | €55k | €57k | €28k | ▼ 50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €944 | €944 | €1k | ▲ 27.7% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €2k | ▲ 18.2% |
| Gross operating margin9900 | €64k | €48k | €42k | €69k | €32k | ▼ 53.5% |
| Operating profit (loss)9901 | €4k | €-9k | €-16k | €9k | €98 | ▼ 98.9% |
| Financial income75/76B | - | €5k | €3k | €3k | €3k | ▲ 4.3% |
| Recurring financial income75 | €4k | €5k | €3k | €3k | €3k | ▲ 4.3% |
| Financial charges65/66B | - | €974 | €816 | €776 | €888 | ▲ 14.4% |
| Recurring financial charges65 | €2k | €974 | €816 | €776 | €888 | ▲ 14.4% |
| Profit (loss) for the period before taxes9903 | €7k | €-5k | €-13k | €10k | €2k | ▼ 81.6% |
| Income taxes67/77 | €2k | €0 | - | €950 | €459 | ▼ 51.7% |
| Profit (loss) for the period9904 | €5k | €-5k | €-13k | €10k | €1k | ▼ 84.6% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-5k | €-13k | €10k | €1k | ▼ 84.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €278k | €253k | €217k | €218k | €215k | ▼ 1.7% |
| Fixed assets21/28 | €5k | €4k | €3k | €2k | €2k | ▲ 1.8% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €1k | €1k | ▲ 19.3% |
| Plant, machinery and equipment23 | - | €993 | €701 | €409 | €117 | ▼ 71.5% |
| Furniture and vehicles24 | - | €0 | - | - | €1k | - |
| Other tangible fixed assets26 | - | €2k | €1k | €704 | €52 | ▼ 92.6% |
| Financial fixed assets28 | €678 | €678 | €678 | €678 | €496 | ▼ 26.9% |
| Current assets29/58 | €273k | €249k | €214k | €217k | €213k | ▼ 1.7% |
| Stocks and contracts in progress3 | €78k | €70k | €66k | €60k | €60k | ▼ 1.2% |
| Stocks30/36 | - | €70k | €66k | €60k | €60k | ▼ 1.2% |
| Amounts receivable within one year40/41 | €60k | €82k | €63k | €52k | €46k | ▼ 11.5% |
| Trade receivables40 | - | €80k | €57k | €47k | €46k | ▼ 2.3% |
| Other amounts receivable41 | - | €2k | €5k | €5k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €133k | €95k | €83k | €102k | €105k | ▲ 3.3% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €3k | €2k | ▼ 16.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €278k | €253k | €217k | €218k | €215k | ▼ 1.7% |
| Equity10/15 | €196k | €191k | €178k | €187k | €189k | ▲ 0.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €178k | €172k | €159k | €169k | €170k | ▲ 0.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €171k | €157k | €167k | €168k | ▲ 0.9% |
| Amounts payable17/49 | €82k | €62k | €39k | €31k | €26k | ▼ 16.7% |
| Amounts payable within one year42/48 | €82k | €61k | €39k | €30k | €26k | ▼ 12.6% |
| Trade debts44 | €64k | €40k | €19k | €9k | €11k | ▲ 24.5% |
| Suppliers440/4 | - | €40k | €19k | €9k | €11k | ▲ 24.5% |
| Taxes, remuneration and social security45 | - | €21k | €20k | €21k | €14k | ▼ 32.1% |
| Taxes450/3 | - | €7k | €6k | €15k | €11k | ▼ 30.1% |
| Remuneration and social security454/9 | - | €14k | €15k | €6k | €3k | ▼ 37.5% |
| Other amounts payable47/48 | - | - | - | - | €794 | - |
| Accrued charges and deferred income492/3 | - | €1k | €0 | €1k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-5k | €-13k | €10k | €1k | ▼ 84.6% |
| + Depreciation and write-downs630 | €1k | €1k | €944 | €944 | €1k | ▲ 27.7% |
| Operating cash flow (approximation) | €7k | €-4k | €-12k | €10k | €3k | ▼ 74.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-1k | - |
| Change in cash | - | €-38k | €-12k | €19k | €3k | ▼ 82.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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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, Sint-Gillis-Waas · 1 establishment unit since 1997
Ground area
120 m²
Building footprint
185 m²
Volume, LiDAR
883 m³
Parcel 46022B0002/00D002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Potterstraat(SP) 179, 9170 Sint-Gillis-Waas
since 19972.027.172.613
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022B0002/00D002 | Flanders | 120 m² | 1 · 185 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 531 companies in sector 47530 we hold annual accounts for 323. 270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-06-1985
Fiscal year end30-06
Activities, NACEBEL 2025
47530Retail trade
43333Wallpapering and laying of floor and wall coverings in other materials
46442Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.