SCOT & FLANDERS
ActiveThe annual accounts of SCOT & FLANDERS for fiscal year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €944 and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 679 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+8
Solvency30▼-14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.65 against 2.44 in 2024; short-term debt: 60.4% and cash: 24.7% of total assets), but 95.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← 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
4.7%
Return on assets
-11.7%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 679 sector peers (2025).
NBB · sector comparisonPosition among 679 sector peers
Solvency
better than 25%
← weakest
strongest →
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
29 d early
2023
49 d early
2022
47 d early
2021
62 d early
2020
72 d early
2019
72 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€944▼ 71.5%
2024 · €3k
2018: €4k
2019: €326
2020: €9k
2021: €9k
2022: €9k
2023: €10k
2024: €3k
2018 → 2025
Total assets
€20k▲ 15.2%
2024 · €18k
2018: €35k
2019: €31k
2020: €28k
2021: €22k
2022: €17k
2023: €19k
2024: €18k
2018 → 2025
Net result
€-2k▲ 63.3%
2024 · €-6k
2018: €-5k
2019: €-4k
2020: €9k
2021: €164
2022: €11
2023: €434
2024: €-6k
2018 → 2025
Working capital
€8k▼ 22.8%
2024 · €10k
2018: €-4k
2019: €15k
2020: €28k
2021: €21k
2022: €16k
2023: €17k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€9k▲ 0.1%€10k▲ 4.7%€3k▼ 66.1%€944▼ 71.5%
Operating result€730-€668▼ 8.4%€1k▲ 84.2%€-6k€-7k▼ 16.5%
Net result€164-€11▼ 93.2%€434▲ 3,819%€-6k€-2k▲ 63.3%
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 €7k in 2025 against €6k 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
Equity and liabilities €20k
Equity
€944▼ 71.5%
Debt
€19k▲ 35.2%
The debt ratio rises from 81.2% to 95.3%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
4.7%▼
2024 · 18.8%
Current ratio
1.65▼
2024 · 2.44
Quick ratio
0.44▲
2024 · 0.35
ROA
-11.7%▲
2024 · -36.6%
Debt
€19k▲
2024 · €14k
Debt ≤ 1 year
€12k▲
2024 · €7k
Debt > 1 year
€7k=
2024 · €7k
Income taxes
€141▲
2024 · €140
Equity ratios withheld: equity of €944 is too small for a meaningful ratio.
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€18k€20k▲
Current assets29/58€18k€20k▲
Stocks and contracts in progress3€15k€15k▼
Stocks30/36€15k€15k▼
Amounts receivable within one year40/41€1k€323▼
Trade receivables40€1k€323▼
Cash at bank and in hand54/58€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€18k€20k▲
Equity10/15€3k€944▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€229€229=
Distributable reserves133€229€229=
Profit (loss) carried forward14€-16k€-18k▼
Amounts payable17/49€14k€19k▲
Amounts payable after more than one year17€7k€7k=
Financial debts170/4€7k€7k=
Amounts payable within one year42/48€7k€12k▲
Trade debts44-€434
Suppliers440/4-€434
Taxes, remuneration and social security45€689€280▼
Taxes450/3€689€280▼
Other amounts payable47/48€7k€12k▲
Income statement
Code20242025
Gross operating margin9900€-6k€-7k▼
Operating profit (loss)9901€-6k€-7k▼
Financial income75/76B-€5k
Recurring financial income75-€5k
Financial charges65/66B€267€186▼
Recurring financial charges65€267€186▼
Profit (loss) for the period before taxes9903€-6k€-2k▲
Income taxes67/77€140€141▲
Profit (loss) for the period9904€-6k€-2k▲
Profit (loss) for the period to be appropriated9905€-6k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-18k▼
Profit (loss) brought forward from the previous period14P€-9k€-16k▼
The notes to these accounts (5 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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k ▼1584%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial
Liquidity times 36current ratio 78.75
Current ratio from 2.19 to 78.75; short-term debt falls from €13k to €355.
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.19
Current ratio from 0.88 to 2.19; short-term debt falls from €31k to €13k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Ganshoren · 1 establishment unit since 2002
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.
Landsroemlaan 241083 GanshorenGround area
289 m²
Building footprint
102 m²
Volume, LiDAR
1,358 m³
Parcel 21392B0028/00P005, Brussels · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SCOT OF FLANDERS
since 20022.095.797.638
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392B0028/00P005 | Brussels | 289 m² | 1 · 102 m² | 18.8 m · 5 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.
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LA LUCARNE INDECENTE
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JOSPIN
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Of 1,112 companies in sector 58110 we hold annual accounts for 363. 40 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2002
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
58140Publishing activities
22140
58130Publishing activities
59203Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.