SCHYNARO
ActiveSCHYNARO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €-2k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 37% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+2
Solvency44▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.27 in 2024; short-term debt: 47.1% and cash: 4.6% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 47
Relative position
BE, all sectors
reference
Sector 47
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
18.9%
Return on assets
-1.1%
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 €-2k
neutral · 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
27 d late
2022
29 d late
2021
29 d late
2020
12 d late
2019
31 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▼ 5.7%
2024 · €26k
2018: €16k
2019: €37k
2020: €21k
2021: €14k
2022: €25k
2023: €36k
2024: €26k
2018 → 2025
Total assets
€132k▼ 11.1%
2024 · €148k
2018: €200k
2019: €170k
2020: €120k
2021: €92k
2022: €103k
2023: €128k
2024: €148k
2018 → 2025
Net result
€-2k▲ 64.7%
2024 · €-4k
2018: €-8k
2019: €21k
2020: €-16k
2021: €-8k
2022: €12k
2023: €11k
2024: €-4k
2018 → 2025
Working capital
€-43k▼ 0.1%
2024 · €-43k
2018: €38k
2019: €2k
2020: €-18k
2021: €-57k
2022: €-41k
2023: €-24k
2024: €-43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€25k▲ 87.0%€36k▲ 44.2%€26k▼ 27.4%€25k▼ 5.7%
Operating result€-7k-€12k€17k▲ 44.9%€-1k€956
Net result€-8k-€12k€11k▼ 4.9%€-4k€-2k▲ 64.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €956 after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€113k▼ 14.7%
Current assets
€19k▲ 18.6%
Equity and liabilities €132k
Equity
€25k▼ 5.7%
Provisions
€2k▼ 25.0%
Debt
€105k▼ 12.0%
The debt ratio falls from 80.6% to 79.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€25k▲
2024 · €21k
Cash flow
€22k▲
2024 · €18k
Solvency
18.9%▲
2024 · 17.8%
Current ratio
0.31▲
2024 · 0.27
Quick ratio
0.31▲
2024 · 0.27
Debt / equity
4.22▼
2024 · 4.52
ROE
-6.1%▲
2024 · -16.2%
ROA
-1.1%▲
2024 · -2.9%
Interest coverage
8.80▲
2024 · 7.27
Debt
€105k▼
2024 · €120k
Debt ≤ 1 year
€62k▲
2024 · €59k
Debt > 1 year
€41k▼
2024 · €59k
Income taxes
€257▼
2024 · €648
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€148k€132k▼
Fixed assets21/28€132k€113k▼
Tangible fixed assets22/27€132k€113k▼
Land and buildings22€38k€38k=
Plant, machinery and equipment23€21k€19k▼
Furniture and vehicles24€74k€56k▼
Financial fixed assets28€248€248=
Current assets29/58€16k€19k▲
Amounts receivable within one year40/41€11k€12k▲
Trade receivables40€9k€11k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€5k€6k▲
Deferred charges and accrued income490/1€362€634▲
Equity and liabilities
Total equity and liabilities10/49€148k€132k▼
Equity10/15€26k€25k▼
Contributions10/11€6k€6k=
Reserves13€23k€21k▼
Tax-exempt reserves132€10k€8k▼
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-2k€-3k▼
Provisions and deferred taxes16€2k€2k▼
Deferred taxes168€2k€2k▼
Amounts payable17/49€120k€105k▼
Amounts payable after more than one year17€59k€41k▼
Financial debts170/4€59k€41k▼
Amounts payable within one year42/48€59k€62k▲
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€304€4k▲
Suppliers440/4€304€4k▲
Advances received on contracts in progress46€19k€18k▼
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€4k€0▼
Other amounts payable47/48€19k€23k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Other operating charges640/8€11k€9k▼
Gross operating margin9900€32k€33k▲
Operating profit (loss)9901€-1k€956▲
Financial income75/76B€44€1▼
Recurring financial income75€44€1▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-4k€-2k▲
Transfer from deferred taxes780€585€585=
Income taxes67/77€648€257▼
Profit (loss) for the period9904€-4k€-2k▲
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€-3k€-118▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-3k▼
Profit (loss) brought forward from the previous period14P€452€-2k▼
Transfer from equity791/2€6k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€6k€0▼
Return on contributions (dividend)694€6k€0▼
The notes to these accounts (12 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Weakest financial yearnet €-16k ▼175%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Welkenraedt · 1 establishment unit since 2001
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.
Rue de la Sablière 164841 WelkenraedtGround area
836 m²
Building footprint
164 m²
Volume, LiDAR
1,069 m³
Parcel 63032C0177/00C003, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Sablière 16, 4841 Welkenraedt
since 20012.094.482.495
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63032C0177/00C003 | Wallonia | 836 m² | 1 · 164 m² | 8.8 m · 2 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.
Similar companies · same sector, comparable size
SOFOLIES
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LAURETIM
BE 0536.414.255
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TOPISSIME
BE 0771.747.935
Verviers · Eq €25k
Hey June
BE 1008.756.052
Edegem · Eq €25k
NICAM STORE
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Ath · Eq €25k
Of 6,503 companies in sector 47716 we hold annual accounts for 2,438. 1,651 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2001
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
47715Retail trade
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.