SCUBA
ActiveSCUBA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €48k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 17.88 against 35.45 in 2024; short-term debt: 5.3% and cash: 40.1% of total assets), and 5.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.7%
Return on assets
13.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
13 d early
2023
91 d late
2022
on the day
2021
31 d late
2020
on the day
2018
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€349k▲ 16.0%
2024 · €301k
2018: €119k
2020: €182k
2021: €244k
2022: €256k
2023: €295k
2024: €301k
2018 → 2025
Total assets
€368k▲ 19.6%
2024 · €308k
2018: €242k
2020: €261k
2021: €257k
2022: €287k
2023: €319k
2024: €308k
2018 → 2025
Net result
€48k▲ 83.3%
2024 · €26k
2018: €20k
2020: €28k
2021: €62k
2022: €12k
2023: €40k
2024: €26k
2018 → 2025
Working capital
€330k▲ 30.2%
2024 · €254k
2018: €63k
2020: €96k
2021: €160k
2022: €187k
2023: €212k
2024: €254k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€244k-€256k▲ 4.9%€295k▲ 15.5%€301k▲ 1.8%€349k▲ 16.0%
Operating result€89k-€17k▼ 81.3%€59k▲ 251%€33k▼ 43.9%€64k▲ 93.3%
Net result€62k-€12k▼ 80.5%€40k▲ 229%€26k▼ 33.6%€48k▲ 83.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 93% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €368k
Fixed assets
€19k▼ 60.4%
Current assets
€350k▲ 34.0%
Equity and liabilities €368k
Equity
€349k▲ 16.0%
Debt
€20k▲ 166%
The debt ratio rises from 2.4% to 5.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▲
2024 · €69k
Cash flow
€76k▲
2024 · €62k
Solvency
94.7%▼
2024 · 97.6%
Current ratio
17.88▼
2024 · 35.45
Quick ratio
17.65▼
2024 · 34.84
Debt / equity
0.06▲
2024 · 0.02
ROE
13.8%▲
2024 · 8.7%
ROA
13.1%▲
2024 · 8.5%
Interest coverage
817.25▲
2024 · 748.18
Debt
€20k▲
2024 · €7k
Debt ≤ 1 year
€20k▲
2024 · €7k
Income taxes
€19k▲
2024 · €11k
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€308k€368k▲
Fixed assets21/28€47k€19k▼
Tangible fixed assets22/27€47k€18k▼
Land and buildings22€14k€8k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€28k€8k▼
Financial fixed assets28€80€80=
Current assets29/58€261k€350k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€45k€60k▲
Trade receivables40€26k€34k▲
Other amounts receivable41€19k€27k▲
Current investments50/53€113k€133k▲
Cash at bank and in hand54/58€93k€148k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€308k€368k▲
Equity10/15€301k€349k▲
Contributions10/11€19k€19k=
Reserves13€282k€330k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€263k€311k▲
Amounts payable17/49€7k€20k▲
Amounts payable within one year42/48€7k€20k▲
Trade debts44€6k€18k▲
Suppliers440/4€6k€18k▲
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€62€62=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€28k▼
Other operating charges640/8€993€1k▲
Gross operating margin9900€70k€93k▲
Operating profit (loss)9901€33k€64k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€92€113▲
Recurring financial charges65€92€113▲
Profit (loss) for the period before taxes9903€37k€67k▲
Income taxes67/77€11k€19k▲
Profit (loss) for the period9904€26k€48k▲
Profit (loss) for the period to be appropriated9905€26k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€48k▲
Transfer from equity791/2€21k-
Transfer to equity691/2€26k€48k▲
To other reserves6921€26k€48k▲
Profit to be distributed694/7€21k-
Return on contributions (dividend)694€21k-
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 35.45
Current ratio from 10.00 to 35.45; short-term debt falls from €24k to €7k.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €12k ▼80.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €62k ▲119%
Operating result €89k, net result €62k, both a record.
31-12
Financial
Liquidity times 6current ratio 12.60
Current ratio from 2.21 to 12.60; short-term debt falls from €79k to €14k.
31-12
Financial
Equity above €200kEq €244k ▲34%
3 profitable years in a row build equity to €244k.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €182k ▲53.4%
2 profitable years in a row build equity to €182k.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brasschaat · 1 establishment unit since 2004
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.
Durentijdlei 432930 BrasschaatGround area
2,486 m²
Building footprint
226 m²
Volume, LiDAR
932 m³
Parcel 11322C0026/00Y002, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SCUBA
since 20042.142.295.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322C0026/00Y002 | Flanders | 2,486 m² | 1 · 226 m² | 7.1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 141 EUR awarded · 141 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 63 EUR | 63 EUR |
| 2023 | 1 | 78 EUR | 78 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 7,290 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2004
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.