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SCRE

Active
Private limited companyfounded 200917 yrs activeHerestraat 110, 3803 Sint-Truiden, BelgiumKBO/BCE: BE 0811.508.631
Summary

SCRE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5k and a net result of €2k. Equity is growing by ~79.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability30=
Solvency28▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.9 against 8.01 in 2023; short-term debt: 29.6% and cash: 0.8% of total assets), but 96.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
3.4%
Return on assets
1.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
42 d early
2022
5 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SCRE was incorporated on 4 May 2009.1 Total assets fell from EUR 183,223 in 2022 to EUR 154,725 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

Financials · fiscal year 2024, micro schema

Equity
€5k▲ 76.6%
2023 · €3k
Total assets
€155k▼ 5.8%
2023 · €164k
Net result
€2k▼ 7.4%
2023 · €2k
Working capital
€41k▼ 49.9%
2023 · €82k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€-3k-€5k€4k▼ 3.0%
Net result€964-€2k▲ 159%€2k▼ 7.4%
Equity€521-€3k▲ 480%€5k▲ 76.6%
Total assets€183k-€164k▼ 10.4%€155k▼ 5.8%
Debt€183k-€161k▼ 11.8%€149k▼ 7.3%
Working capital€100k-€82k▼ 17.8%€41k▼ 49.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-4k€-2k€0€2k€4kOperating result 2022: €-3k€-3kNet result 2022: €964€964Operating result 2023: €5k€5kNet result 2023: €2k€2kOperating result 2024: €4k€4kNet result 2024: €2k€2k202220232024€-4k€-2k€0€2k€4kOperating result 2022: €-3k€-2.8kNet result 2022: €964€964Operating result 2023: €5k€4.5kNet result 2023: €2k€2.5kOperating result 2024: €4k€4.4kNet result 2024: €2k€2.3k202220232024
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155k
Fixed assets €68k ▼ 3.6%
Current assets €87k ▼ 7.4%
Equity and liabilities €155k
Equity €5k ▲ 76.6%
Debt €149k ▼ 7.3%
Debt's share of the balance-sheet total falls from 98.2% to 96.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7k▼
2023 · €7k
Cash flow
€5k▼
2023 · €5k
Current ratio
1.90▼
2023 · 8.01
Debt to equity
28.04▼
2023 · 53.43
ROE
43.4%▼
2023 · 82.7%
ROA
1.5%▼
2023 · 1.5%
Interest coverage
1.10▲
2023 · 1.07
Debt ≤ 1 year
€46k▲
2023 · €12k
Debt > 1 year
€104k▼
2023 · €114k
Income taxes
€1k▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€164k€155k▼
Fixed assets21/28€70k€68k▼
Tangible fixed assets22/27€70k€68k▼
Land and buildings22€70k€68k▼
Current assets29/58€94k€87k▼
Amounts receivable after more than one year29€85k€78k▼
Other amounts receivable291€85k€78k▼
Amounts receivable within one year40/41€6k€7k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€771€812▲
Equity and liabilities
Total equity and liabilities10/49€164k€155k▼
Equity10/15€3k€5k▲
Contributions10/11€500€500=
Reserves13€3k€5k▲
Distributable reserves133€3k€5k▲
Amounts payable17/49€161k€149k▼
Amounts payable after more than one year17€114k€104k▼
Financial debts170/4€114k€104k▼
Amounts payable within one year42/48€12k€46k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48-€32k
Accrued charges and deferred income492/3€36k-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€8k€8k▼
Operating profit (loss)9901€5k€4k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€4k€3k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▼
Transfer to equity691/2€2k€2k▼
To other reserves6921€2k€2k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k€3k=
Other operating charges640/8€3k€1k€1k▲ 2.6%
Gross operating margin9900€2k€8k€8k▼ 1.3%
Operating profit (loss)9901€-3k€5k€4k▼ 3.0%
Financial income75/76B€10k€6k€5k▼ 6.6%
Recurring financial income75€4k€6k€5k▼ 6.6%
Non-recurring financial income76B€6k---
Financial charges65/66B€5k€7k€6k▼ 4.1%
Recurring financial charges65€5k€7k€6k▼ 4.1%
Profit (loss) for the period before taxes9903€1k€4k€3k▼ 6.7%
Income taxes67/77€351€1k€1k▼ 5.3%
Profit (loss) for the period9904€964€2k€2k▼ 7.4%
Profit (loss) for the period to be appropriated9905€964€2k€2k▼ 7.4%
Line202220232024Change
Assets
Total assets20/58€183k€164k€155k▼ 5.8%
Fixed assets21/28€73k€70k€68k▼ 3.6%
Tangible fixed assets22/27€73k€70k€68k▼ 3.6%
Land and buildings22€73k€70k€68k▼ 3.6%
Current assets29/58€111k€94k€87k▼ 7.4%
Amounts receivable after more than one year29€101k€85k€78k▼ 8.1%
Other amounts receivable291€101k€85k€78k▼ 8.1%
Amounts receivable within one year40/41€6k€6k€7k▲ 6.3%
Other amounts receivable41€6k€6k€7k▲ 6.3%
Cash at bank and in hand54/58€2k€2k€1k▼ 29.3%
Deferred charges and accrued income490/1€844€771€812▲ 5.3%
Equity and liabilities
Total equity and liabilities10/49€183k€164k€155k▼ 5.8%
Equity10/15€521€3k€5k▲ 76.6%
Contributions10/11€500€500€500=
Reserves13€21€3k€5k▲ 91.8%
Distributable reserves133€21€3k€5k▲ 91.8%
Amounts payable17/49€183k€161k€149k▼ 7.3%
Amounts payable after more than one year17€133k€114k€104k▼ 9.0%
Financial debts170/4€133k€114k€104k▼ 9.0%
Amounts payable within one year42/48€10k€12k€46k▲ 291%
Current portion of amounts payable after more than one year42€10k€10k€10k▲ 3.5%
Trade debts44€30---
Suppliers440/4€30---
Taxes, remuneration and social security45€766€2k€4k▲ 88.1%
Taxes450/3€766€2k€4k▲ 88.1%
Other amounts payable47/48--€32k-
Accrued charges and deferred income492/3€39k€36k--
Line202220232024Change
Profit (loss) for the period9904€964€2k€2k▼ 7.4%
+ Depreciation and write-downs630€3k€3k€3k=
Operating cash flow (approximation)€4k€5k€5k▼ 3.7%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€-758€-498▲ 34.3%

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

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Timeline · acts, filings and financial milestones

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €2k ▲159%
Operating result €5k, net result €2k, both a record.
05-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Sint-Truiden · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
118 m²
Building footprint
104 m²
Volume, LiDAR
495 m³
Parcel 71050A0194/02G000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
SCRE
Herestraat 110, 3803 Sint-TruidenReal estate activities
since 20092.178.370.174
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71050A0194/02G000 Flanders 118 m² 1 · 104 m² 7.7 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-05-2009
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.