SCHULJIN
ActiveSummary
SCHULJIN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,453 and a net result of -€68,023. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-7
Solvency55▼-10
Growth55=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.95 against 2.95 in 2024; short-term debt: 16.7% and cash: 1.9% of total assets), but 69.8% of the assets are financed with debt.
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Signals
Five 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
30.2%
Return on assets
-24%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€68,023
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
4 d late
2023
89 d late
2022
3 d early
2021
24 d late
2020
31 d late
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€145,048▼ 2.8%
2021 · €149,209
EBIT margin
0.8%▼ 23.8pp
2021 · 24.6%
Net result
-€68,023▼ 56.2%
2024 · -€43,557
Working capital
€92,254▼ 7.6%
2024 · €99,839
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€149,209▲ 11.7%€145,048▼ 2.8%
Operating result€36,779▲ 429%€1,198▼ 96.7%-€17,188-€37,519▼ 118%-€68,730▼ 83.2%
Net result€30,518above the sector's middle half-€4,250below the sector's middle half-€18,000below the sector's middle half▼ 324%-€43,557below the sector's middle half▼ 142%-€68,023below the sector's middle half▼ 56.2%
EBIT margin24.6%▲ 19.4pp0.8%▼ 23.8pp
Equity€204,769above the sector's middle half▲ 22.2%€207,239above the sector's middle half▲ 1.2%€193,136above the sector's middle half▼ 6.8%€149,579within the sector's middle half▼ 22.6%€85,453within the sector's middle half▼ 42.9%
Total assets€525,648above the sector's middle half▼ 5.3%€511,752above the sector's middle half▼ 2.6%€437,920above the sector's middle half▼ 14.4%€372,777within the sector's middle half▼ 14.9%€283,364within the sector's middle half▼ 24.0%
Debt€284,585▼ 17.5%€274,939▼ 3.4%€221,930▼ 19.3%€200,344▼ 9.7%€184,600▼ 7.9%
Working capital€151,152above the sector's middle half▲ 1.8%€146,551above the sector's middle half▼ 3.0%€115,881within the sector's middle half▼ 20.9%€99,839within the sector's middle half▼ 13.8%€92,254within the sector's middle half▼ 7.6%
Solvency39.0%within the sector's middle half▲ 8.8pp40.5%within the sector's middle half▲ 1.5pp44.1%within the sector's middle half▲ 3.6pp40.1%within the sector's middle half▼ 4.0pp30.2%within the sector's middle half▼ 10.0pp
Current ratio3.79above the sector's middle half▲ 0.592.92within the sector's middle half▼ 0.873.08within the sector's middle half▲ 0.162.95within the sector's middle half▼ 0.132.95within the sector's middle half=
Return on assets (ROA)5.8%within the sector's middle half▲ 5.8pp-0.8%within the sector's middle half▼ 6.6pp-4.1%below the sector's middle half▼ 3.3pp-11.7%below the sector's middle half▼ 7.6pp-24.0%below the sector's middle half▼ 12.3pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €68,730 in 2025 against €37,519 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 €283,364
Fixed assets
€143,824 ▼ 35.1%
Current assets
€139,540 ▼ 7.7%
Equity and liabilities €283,364
Equity
€85,453 ▼ 42.9%
Provisions
€13,311 ▼ 41.8%
Debt
€184,600 ▼ 7.9%
Debt's share of the balance-sheet total rises from 53.7% to 65.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9,107▼
2024 · €12,652
Cash flow
€9,814▲
2024 · €6,614
Quick ratio
1.21▼
2024 · 1.34
Debt to equity
2.16▲
2024 · 1.34
ROE
-79.6%▼
2024 · -29.1%
Interest coverage
1.82▼
2024 · 2.10
Debt ≤ 1 year
€47,286▼
2024 · €51,277
Debt > 1 year
€137,075▼
2024 · €149,067
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €149,209 | €145,048 | - | - | - | - |
| Non-recurring operating income76A | - | €12,796 | €350 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €51,837 | €91,673 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,737 | €47,788 | €48,948 | €50,171 | €77,837 | ▲ 55.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €12,291 | €12,291 | €12,291 | €12,291 | €1,541 | ▼ 87.5% |
| Other operating charges640/8 | €3,565 | €4,237 | €3,667 | €1,860 | €7,130 | ▲ 283% |
| Non-recurring operating charges66A | - | €656 | - | - | - | - |
| Gross operating margin9900 | €97,372 | €66,170 | €47,718 | €26,803 | €17,777 | ▼ 33.7% |
| Operating profit (loss)9901 | €36,779 | €1,198 | -€17,188 | -€37,519 | -€68,730 | ▼ 83.2% |
| Financial income75/76B | - | - | - | - | €53 | - |
| Recurring financial income75 | - | - | - | - | €53 | - |
| Financial charges65/66B | €6,261 | €5,448 | €3,635 | €6,038 | €4,991 | ▼ 17.3% |
| Recurring financial charges65 | €6,261 | €5,448 | €3,635 | €6,038 | €4,991 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €30,518 | -€4,250 | -€20,823 | -€43,557 | -€73,669 | ▼ 69.1% |
| Transfer from deferred taxes780 | - | - | €2,823 | €0 | €5,645 | - |
| Profit (loss) for the period9904 | €30,518 | -€4,250 | -€18,000 | -€43,557 | -€68,023 | ▼ 56.2% |
| Transfer from tax-exempt reserves789 | €9,542 | €9,542 | €6,720 | €0 | €13,439 | - |
| Profit (loss) for the period to be appropriated9905 | €40,060 | €5,293 | -€11,281 | -€43,557 | -€54,584 | ▼ 25.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €525,648 | €511,752 | €437,920 | €372,777 | €283,364 | ▼ 24.0% |
| Fixed assets21/28 | €320,339 | €288,946 | €266,318 | €221,661 | €143,824 | ▼ 35.1% |
| Tangible fixed assets22/27 | €320,339 | €288,946 | €266,318 | €221,661 | €143,824 | ▼ 35.1% |
| Land and buildings22 | €299,515 | €272,608 | €255,849 | €211,646 | €140,123 | ▼ 33.8% |
| Plant, machinery and equipment23 | €1,190 | €893 | €595 | €1,229 | €480 | ▼ 61.0% |
| Furniture and vehicles24 | €19,633 | €15,446 | €9,874 | €8,787 | €3,222 | ▼ 63.3% |
| Current assets29/58 | €205,309 | €222,805 | €171,602 | €151,116 | €139,540 | ▼ 7.7% |
| Stocks and contracts in progress3 | €98,327 | €86,036 | €94,645 | €82,354 | €82,354 | = |
| Stocks30/36 | €98,327 | €86,036 | €94,645 | €82,354 | €82,354 | = |
| Amounts receivable within one year40/41 | €5,764 | €6,231 | €58,609 | €59,328 | €50,036 | ▼ 15.7% |
| Trade receivables40 | €1,655 | €3,439 | €3,513 | €4,955 | €1,914 | ▼ 61.4% |
| Other amounts receivable41 | €4,109 | €2,791 | €55,095 | €54,373 | €48,121 | ▼ 11.5% |
| Cash at bank and in hand54/58 | €55,495 | €90,092 | €18,348 | €9,066 | €5,291 | ▼ 41.6% |
| Deferred charges and accrued income490/1 | €45,723 | €40,447 | - | €367 | €1,860 | ▲ 406% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €525,648 | €511,752 | €437,920 | €372,777 | €283,364 | ▼ 24.0% |
| Equity10/15 | €204,769 | €207,239 | €193,136 | €149,579 | €85,453 | ▼ 42.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €248,041 | €245,218 | €242,395 | €242,395 | €232,853 | ▼ 3.9% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | €1,859 | €1,859 | = |
| Other1319 | - | - | €1,859 | - | - | - |
| Tax-exempt reserves132 | €125,925 | €123,103 | €120,280 | €120,280 | €110,738 | ▼ 7.9% |
| Distributable reserves133 | €120,256 | €120,256 | €120,256 | €120,256 | €120,256 | = |
| Profit (loss) carried forward14 | -€61,871 | -€56,579 | -€67,859 | -€111,416 | -€166,000 | ▼ 49.0% |
| Provisions and deferred taxes16 | €36,293 | €29,573 | €22,854 | €22,854 | €13,311 | ▼ 41.8% |
| Deferred taxes168 | €36,293 | €29,573 | €22,854 | €22,854 | €13,311 | ▼ 41.8% |
| Amounts payable17/49 | €284,585 | €274,939 | €221,930 | €200,344 | €184,600 | ▼ 7.9% |
| Amounts payable after more than one year17 | €230,429 | €198,684 | €166,209 | €149,067 | €137,075 | ▼ 8.0% |
| Financial debts170/4 | €230,429 | €198,684 | €166,209 | €149,067 | €135,806 | ▼ 8.9% |
| Other amounts payable178/9 | - | - | - | - | €1,269 | - |
| Amounts payable within one year42/48 | €54,157 | €76,254 | €55,721 | €51,277 | €47,286 | ▼ 7.8% |
| Current portion of amounts payable after more than one year42 | €49,155 | €33,014 | €17,805 | €18,413 | €13,261 | ▼ 28.0% |
| Trade debts44 | €988 | €1,431 | €9,462 | €3,807 | €4,044 | ▲ 6.2% |
| Suppliers440/4 | €988 | €1,431 | €9,462 | €3,807 | €4,044 | ▲ 6.2% |
| Advances received on contracts in progress46 | - | - | - | - | €2,567 | - |
| Taxes, remuneration and social security45 | - | €3,423 | €1,548 | €1,854 | €182 | ▼ 90.2% |
| Taxes450/3 | - | €3,423 | €1,548 | €1,854 | €182 | ▼ 90.2% |
| Other amounts payable47/48 | €4,015 | €38,386 | €26,905 | €27,203 | €27,233 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €238 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,518 | -€4,250 | -€18,000 | -€43,557 | -€68,023 | ▼ 56.2% |
| + Depreciation and write-downs630 | €44,737 | €47,788 | €48,948 | €50,171 | €77,837 | ▲ 55.1% |
| Operating cash flow (approximation) | €75,254 | €43,539 | €30,948 | €6,614 | €9,814 | ▲ 48.4% |
| Investment in fixed assets (approximation) | - | -€16,396 | -€26,320 | -€5,514 | €0 | ▲ 100% |
| Change in cash | - | €34,597 | -€71,744 | -€9,281 | -€3,776 | ▲ 59.3% |
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
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€68,023
Net result drops to -€68,023, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €30,518
Net result €30,518 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €204,769 ▲22.2%
Equity rises from €167,532 to €204,769.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Highest result since 2018net €122,170 ▲2,703%
Operating result €187,370, net result €122,170, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.89
Current ratio from 1.07 to 2.89; short-term debt falls from €139,284 to €67,072.
Show earlier events
31-12
Financial
Equity above €150,000Eq €160,923 ▲402%
2 profitable years in a row build equity to €160,923.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wommelgem · 1 establishment unit since 1988
Ground area
2,615 m²
Building footprint
215 m²
Volume, LiDAR
1,496 m³
Parcel 11052A0312/00Z008, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SCHULIJN
since 19882.036.056.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0312/00Z008 | Flanders | 2,615 m² | 1 · 215 m² | 10.7 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 1,173 companies in sector 46499 we hold annual accounts for 743. 475 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
Founded07-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
47690Retail sale of other cultural and recreation goods
90399Other support activities for arts and performing arts
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433658195
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.