SCIPIO
ActiveSCIPIO has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €-40k. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 7971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-13
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 7.55 against 10.98 in 2024; short-term debt: 11.7% and cash: 73.7% of total assets), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 €-40k
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
31 d early
2023
33 d early
2022
32 d early
2021
17 d early
2020
37 d early
2019
28 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€217k▼ 21.7%
2024 · €277k
2018: €496k
2019: €496k
2020: €444k
2021: €386k
2022: €354k
2023: €290k
2024: €277k
2018 → 2025
Total assets
€247k▼ 18.2%
2024 · €302k
2018: €546k
2019: €520k
2020: €502k
2021: €528k
2022: €414k
2023: €338k
2024: €302k
2018 → 2025
Net result
€-40k▼ 200%
2024 · €-13k
2018: €50k
2019: €2k
2020: €-9k
2021: €40k
2022: €10k
2023: €-43k
2024: €-13k
2018 → 2025
Working capital
€190k▼ 20.7%
2024 · €239k
2018: €480k
2019: €491k
2020: €448k
2021: €385k
2022: €353k
2023: €242k
2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€386k-€354k▼ 8.2%€290k▼ 18.2%€277k▼ 4.6%€217k▼ 21.7%
Operating result€52k-€9k▼ 82.6%€-40k€-20k▲ 49.1%€-27k▼ 31.3%
Net result€40k-€10k▼ 75.8%€-43k€-13k▲ 69.3%€-40k▼ 200%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2025 against €20k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€28k▼ 26.9%
Current assets
€219k▼ 16.9%
Equity and liabilities €247k
Equity
€217k▼ 21.7%
Debt
€30k▲ 20.6%
The debt ratio rises from 8.2% to 12.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-15k▼
2024 · €-9k
Cash flow
€-29k▼
2024 · €-2k
Solvency
87.9%▼
2024 · 91.8%
Current ratio
7.55▼
2024 · 10.98
Quick ratio
7.55▼
2024 · 10.98
Debt / equity
0.14▲
2024 · 0.09
ROE
-18.4%▼
2024 · -4.8%
ROA
-16.2%▼
2024 · -4.4%
Interest coverage
-1.16▲
2024 · -170.57
Debt
€30k▲
2024 · €25k
Debt ≤ 1 year
€29k▲
2024 · €24k
Income taxes
€166▼
2024 · €182
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€302k€247k▼
Fixed assets21/28€39k€28k▼
Tangible fixed assets22/27€38k€28k▼
Furniture and vehicles24€38k€28k▼
Financial fixed assets28€40€40=
Current assets29/58€263k€219k▼
Amounts receivable within one year40/41€35k€34k▼
Trade receivables40€34k€34k=
Other amounts receivable41€445€163▼
Cash at bank and in hand54/58€227k€182k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€302k€247k▼
Equity10/15€277k€217k▼
Contributions10/11€37k€37k=
Reserves13€276k€256k▼
Distributable reserves133€276k€256k▼
Profit (loss) carried forward14€-36k€-76k▼
Amounts payable17/49€25k€30k▲
Amounts payable within one year42/48€24k€29k▲
Financial debts43€3€27▲
Credit institutions430/8€3€27▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3€492€1k▲
Remuneration and social security454/9€16k€6k▼
Other amounts payable47/48€5k€19k▲
Accrued charges and deferred income492/3€847€942▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€987€1k▲
Gross operating margin9900€-8k€-14k▼
Operating profit (loss)9901€-20k€-27k▼
Financial income75/76B€7k-
Recurring financial income75€7k-
Financial charges65/66B€54€13k▲
Recurring financial charges65€54€13k▲
Profit (loss) for the period before taxes9903€-13k€-40k▼
Income taxes67/77€182€166▼
Profit (loss) for the period9904€-13k€-40k▼
Profit (loss) for the period to be appropriated9905€-13k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-76k▼
Profit (loss) brought forward from the previous period14P€-23k€-36k▼
Transfer from equity791/2-€20k
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (8 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-43k ▼554%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 24.05
Current ratio from 11.11 to 24.05; short-term debt falls from €47k to €21k.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
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.
Directors · office · real estate
Directors
8 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, Laarne · 1 establishment unit since 1985
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.
Bieststraat 639270 LaarneGround area
609 m²
Building footprint
141 m²
Volume, LiDAR
542 m³
Parcel 42009D0616/00T000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Scipio
since 19852.027.653.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009D0616/00T000 | Flanders | 609 m² | 1 · 141 m² | 9.1 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600GSB8DBJZQ1ZN65
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GARAGE OCC
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AUTO'S JAMES
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Of 2,128 companies in sector 46711 we hold annual accounts for 1,126. 749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-1985
Fiscal year end31-12
Activities, NACEBEL
46711Wholesale of cars and light vans (up to 3.5 tonnes)
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 40 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.
Contact details
1 entryWebsite:www.scipio.be