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SCIENCETERRE

Active
Private limited company (pre-2019)founded 2015active for 10 yearsSint-Jorisstraat 47, 8000 Brugge, BelgiumKBO/BCE: BE 0644.684.764
Summary

The computed 12-month bankruptcy probability of SCIENCETERRE is 3.7% (moderate). The annual accounts of SCIENCETERRE for financial year 2024 show a net loss of 187% of total assets and of 66% of the equity at the start of that year. The 2024 annual accounts show equity of €16,078 and a net result of -€31,272. Equity is shrinking by about 4.5% per year across the filed financial years. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Equity
€16,078▼ 66.0%
2023 · €47,351
Total assets
€16,701▼ 65.2%
2023 · €47,974
Net result
-€31,272
2023 · €139
Working capital
€16,078▼ 66.0%
2023 · €47,351
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result turns negative in 2024: a loss of €31,137 after €416 in 2023, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€31,137 2024 Net result-€31,272 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€8,134-€707▼ 91.3%€6,579▲ 831%-€10,541€6,986€416▼ 94.1%-€31,137
Net result€5,557-€394▼ 92.9%€5,060▲ 13×-€13,411€6,229€139▼ 97.8%-€31,272
Equity€48,939-€49,333▲ 0.8%€54,394▲ 10.3%€40,983▼ 24.7%€47,211▲ 15.2%€47,351▲ 0.3%€16,078▼ 66.0%
Total assets€86,934-€50,679▼ 41.7%€58,034▲ 14.5%€41,153▼ 29.1%€47,834▲ 16.2%€47,974▲ 0.3%€16,701▼ 65.2%
Debt€37,995-€1,346▼ 96.5%€3,640▲ 170%€170▼ 95.3%€623▲ 266%€623=€623=
Working capital€48,939-€49,333▲ 0.8%€54,394▲ 10.3%€40,983▼ 24.7%€47,211▲ 15.2%€47,351▲ 0.3%€16,078▼ 66.0%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €16,701
Equity €16,078 ▼ 66.0%
Debt €623 =
Debt's share of the balance-sheet total rises from 1.3% to 3.7%. Equity is lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
26.81▼
2023 · 77.02
Debt to equity
0.04▲
2023 · 0.01
ROE
-194.5%▼
2023 · 0.3%
ROA
-187.2%▼
2023 · 0.3%
Debt ≤ 1 year
€623=
2023 · €623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 4,805 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€47,974€16,701▼
Current assets29/58€47,974€16,701▼
Amounts receivable after more than one year29€3,317-
Other amounts receivable291€3,317-
Amounts receivable within one year40/41€43,686€15,128▼
Trade receivables40€43,686€11,345▼
Other amounts receivable41-€3,783
Cash at bank and in hand54/58€970€1,573▲
Equity and liabilities
Total equity and liabilities10/49€47,974€16,701▼
Equity10/15€47,351€16,078▼
Contributions10/11€18,600€18,600=
Contributions outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€28,751€8,089▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€26,891€6,229▼
Profit (loss) carried forward14--€10,610
Amounts payable17/49€623€623=
Amounts payable within one year42/48€623€623=
Taxes, remuneration and social security45€623€623=
Taxes450/3€623€623=
Income statement Code20232024
Gross operating margin9900€416-€31,137▼
Operating profit (loss)9901€416-€31,137▼
Financial charges65/66B€276€135▼
Recurring financial charges65€276€135▼
Profit (loss) for the period before taxes9903€139-€31,272▼
Profit (loss) for the period9904€139-€31,272▼
Profit (loss) for the period to be appropriated9905€139-€31,272▼
Appropriation of the result
Profit (loss) to be appropriated9906€139-€31,272▼
Transfer from equity791/2-€20,662
Transfer to equity691/2€139-
To other reserves6921€139-
Line2018201920202021202220232024Change
Gross operating margin9900€11,213€707€6,579-€10,541€6,986€416-€31,137-
Operating profit (loss)9901€8,134€707€6,579-€10,541€6,986€416-€31,137-
Recurring financial income75€8-------
Financial charges65/66B----€135€276€135▼ 51.1%
Recurring financial charges65€70€181€145€120€135€276€135▼ 51.1%
Profit (loss) for the period before taxes9903€8,072€525€6,434-€10,661€6,851€139-€31,272-
Income taxes67/77€2,515€131€1,374€2,749€623---
Profit (loss) for the period9904€5,557€394€5,060-€13,411€6,229€139-€31,272-
Profit (loss) for the period to be appropriated9905€5,557€394€5,060-€13,411€6,229€139-€31,272-
Line2018201920202021202220232024Change
Assets
Total assets20/58€86,934€50,679€58,034€41,153€47,834€47,974€16,701▼ 65.2%
Current assets29/58€86,934€50,679€58,034€41,153€47,834€47,974€16,701▼ 65.2%
Amounts receivable after more than one year29----€3,317€3,317--
Other amounts receivable291----€3,317€3,317--
Amounts receivable within one year40/41-€24,076€1,221€12,599€44,496€43,686€15,128▼ 65.4%
Trade receivables40----€44,496€43,686€11,345▼ 74.0%
Other amounts receivable41------€3,783-
Cash at bank and in hand54/58€86,934€603€3,813€1,554€22€970€1,573▲ 62.1%
Equity and liabilities
Total equity and liabilities10/49€86,934€50,679€58,034€41,153€47,834€47,974€16,701▼ 65.2%
Equity10/15€48,939€49,333€54,394€40,983€47,211€47,351€16,078▼ 66.0%
Contributions10/11€18,600€18,600€18,600-€18,600€18,600€18,600=
Contributions outside capital11----€18,600€18,600€18,600=
Other1109/19----€18,600€18,600€18,600=
Reserves13€30,339€30,733€35,794€22,383€28,611€28,751€8,089▼ 71.9%
Non-distributable reserves130/1----€1,860€1,860€1,860=
Reserves not available under the articles1311----€1,860€1,860€1,860=
Distributable reserves133----€26,751€26,891€6,229▼ 76.8%
Profit (loss) carried forward14-------€10,610-
Amounts payable17/49€37,995€1,346€3,640€170€623€623€623=
Amounts payable within one year42/48€37,995€1,346€3,640€170€623€623€623=
Trade debts44€752-€1,070-----
Taxes, remuneration and social security45----€623€623€623=
Taxes450/3----€623€623€623=
Line2018201920202021202220232024Change
Profit (loss) for the period9904€5,557€394€5,060-€13,411€6,229€139-€31,272-
Operating cash flow (approximation)€5,557€394€5,060-€13,411€6,229€139-€31,272-
Change in cash--€86,331€3,210-€2,259-€1,532€949€603▼ 36.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2024 micro format 28-08-2025 2025-00417838
31-12-2023 micro format 24-04-2024 2024-00067486
31-12-2022 micro format 30-08-2023 2023-00378700
31-12-2021 micro format 30-03-2022 2022-09200532
31-12-2020 micro format 22-03-2021 2021-08100113
31-12-2019 micro format 08-04-2020 2020-08900122
31-12-2018 micro format 02-05-2019 2019-12100264
31-12-2017 micro format 08-03-2018 2018-06500028
31-12-2016 abbreviated format 10-05-2017 2017-11700419

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.