SCULEX
ActiveSummary
SCULEX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €720,097. Equity is growing by ~47.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 3337 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 0.33 in 2024; short-term debt: 15.8% and cash: 26.4% of total assets), and 16.1% of the assets are financed with debt.
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Signals
Five 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
83.9%
Return on assets
46.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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
39 d late
2024
68 d late
2023
68 d late
2022
9 d late
2021
106 d late
2020
82 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 59 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 7 October (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.3m▲ 123%
2024 · €585,489
Total assets
€1.6m▲ 40.1%
2024 · €1.1m
Net result
€720,097▲ 70.0%
2024 · €423,500
Working capital
€270,290
2024 · -€346,707
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€162,385€398,169▲ 145%€479,701▲ 20.5%€563,453▲ 17.5%€1.1m▲ 86.9%
Net result€136,014above the sector's middle half€321,503above the sector's middle half▲ 136%€327,948above the sector's middle half▲ 2.0%€423,500above the sector's middle half▲ 29.1%€720,097above the sector's middle half▲ 70.0%
Equity€236,838within the sector's middle half▲ 133%€557,541above the sector's middle half▲ 135%€585,489above the sector's middle half▲ 5.0%€585,489above the sector's middle half=€1.3mabove the sector's middle half▲ 123%
Total assets€314,924within the sector's middle half▲ 179%€683,206above the sector's middle half▲ 117%€1.1mabove the sector's middle half▲ 54.2%€1.1mabove the sector's middle half▲ 5.3%€1.6mwithin the sector's middle half▲ 40.1%
Debt€78,086▲ 583%€125,665▲ 60.9%€467,775▲ 272%€523,493▲ 11.9%€249,494▼ 52.3%
Working capital€217,692above the sector's middle half▲ 159%€462,401above the sector's middle half▲ 112%-€347,920below the sector's middle half-€346,707below the sector's middle half▲ 0.3%€270,290within the sector's middle half
Solvency75.2%within the sector's middle half▼ 14.7pp81.6%above the sector's middle half▲ 6.4pp55.6%within the sector's middle half▼ 26.0pp52.8%within the sector's middle half▼ 2.8pp83.9%above the sector's middle half▲ 31.1pp
Current ratio3.88within the sector's middle half▼ 6.514.80above the sector's middle half▲ 0.920.25below the sector's middle half▼ 4.550.33below the sector's middle half▲ 0.082.10within the sector's middle half▲ 1.77
Return on assets (ROA)43.2%above the sector's middle half▲ 45.9pp47.1%above the sector's middle half▲ 3.9pp31.1%above the sector's middle half▼ 15.9pp38.2%above the sector's middle half▲ 7.1pp46.4%above the sector's middle half▲ 8.2pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +70% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 87% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.0m ▲ 10.8%
Current assets
€515,784 ▲ 199%
Equity and liabilities €1.6m
Equity
€1.3m ▲ 123%
Debt
€249,494 ▼ 52.3%
Debt's share of the balance-sheet total falls from 47.2% to 16.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.1m▲
2024 · €610,372
Cash flow
€772,371▲
2024 · €470,420
Debt to equity
0.19▼
2024 · 0.89
ROE
55.2%▼
2024 · 72.3%
Interest coverage
2137.26▲
2024 · 312.94
Debt ≤ 1 year
€245,494▼
2024 · €519,493
Income taxes
€332,741▲
2024 · €138,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 17,811 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,124 | €7,411 | €134,822 | €46,919 | €52,274 | ▲ 11.4% |
| Other operating charges640/8 | €1,685 | €1,192 | €5,763 | €8,057 | €3,966 | ▼ 50.8% |
| Gross operating margin9900 | €169,193 | €406,771 | €620,286 | €618,429 | €1.1m | ▲ 79.4% |
| Operating profit (loss)9901 | €162,385 | €398,169 | €479,701 | €563,453 | €1.1m | ▲ 86.9% |
| Financial income75/76B | €4,790 | €5,032 | €4,326 | - | €4 | - |
| Recurring financial income75 | €4,790 | €5,032 | €4,326 | - | €4 | - |
| Financial charges65/66B | €158 | €1,798 | €497 | €1,950 | €517 | ▼ 73.5% |
| Recurring financial charges65 | €158 | €1,798 | €497 | €1,950 | €517 | ▼ 73.5% |
| Profit (loss) for the period before taxes9903 | €167,017 | €401,403 | €483,530 | €561,502 | €1.1m | ▲ 87.5% |
| Income taxes67/77 | €31,003 | €79,900 | €155,582 | €138,002 | €332,741 | ▲ 141% |
| Profit (loss) for the period9904 | €136,014 | €321,503 | €327,948 | €423,500 | €720,097 | ▲ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €136,014 | €321,503 | €327,948 | €423,500 | €720,097 | ▲ 70.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €314,924 | €683,206 | €1.1m | €1.1m | €1.6m | ▲ 40.1% |
| Fixed assets21/28 | €21,646 | €99,140 | €937,409 | €936,196 | €1.0m | ▲ 10.8% |
| Intangible fixed assets21 | €1,080 | €720 | €360 | - | - | - |
| Tangible fixed assets22/27 | €20,566 | €98,420 | €935,781 | €929,121 | €1.0m | ▲ 10.5% |
| Land and buildings22 | - | - | €853,624 | €862,739 | €979,949 | ▲ 13.6% |
| Plant, machinery and equipment23 | €12,752 | €12,397 | €9,828 | €7,035 | €4,242 | ▼ 39.7% |
| Furniture and vehicles24 | €7,814 | €86,023 | €72,329 | €59,347 | €42,674 | ▼ 28.1% |
| Financial fixed assets28 | - | - | €1,268 | €7,075 | €10,765 | ▲ 52.2% |
| Current assets29/58 | €293,278 | €584,066 | €115,855 | €172,786 | €515,784 | ▲ 199% |
| Amounts receivable within one year40/41 | €64,919 | €120,094 | €106,252 | €24,846 | €61,021 | ▲ 146% |
| Trade receivables40 | - | €14,348 | €837 | €819 | - | - |
| Other amounts receivable41 | €64,919 | €105,746 | €105,415 | €24,027 | €61,021 | ▲ 154% |
| Cash at bank and in hand54/58 | €212,859 | €462,655 | €8,177 | €130,575 | €410,157 | ▲ 214% |
| Deferred charges and accrued income490/1 | €15,500 | €1,318 | €1,425 | €17,365 | €44,606 | ▲ 157% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €314,924 | €683,206 | €1.1m | €1.1m | €1.6m | ▲ 40.1% |
| Equity10/15 | €236,838 | €557,541 | €585,489 | €585,489 | €1.3m | ▲ 123% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €224,046 | €224,046 | €251,946 | €251,946 | €970,376 | ▲ 285% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €222,186 | €222,186 | €250,086 | €250,086 | €968,516 | ▲ 287% |
| Profit (loss) carried forward14 | €392 | €321,095 | €321,143 | €321,143 | €321,144 | = |
| Amounts payable17/49 | €78,086 | €125,665 | €467,775 | €523,493 | €249,494 | ▼ 52.3% |
| Amounts payable within one year42/48 | €75,586 | €121,665 | €463,775 | €519,493 | €245,494 | ▼ 52.7% |
| Trade debts44 | €224 | €5,872 | €2,512 | €1,932 | €29,799 | ▲ 1,443% |
| Suppliers440/4 | €224 | €5,872 | €2,512 | €1,932 | €29,799 | ▲ 1,443% |
| Taxes, remuneration and social security45 | €74,562 | €114,994 | €111,262 | €50,790 | €181,590 | ▲ 258% |
| Taxes450/3 | €74,562 | €114,994 | €111,262 | €50,790 | €181,590 | ▲ 258% |
| Other amounts payable47/48 | €800 | €800 | €350,000 | €466,771 | €34,104 | ▼ 92.7% |
| Accrued charges and deferred income492/3 | €2,500 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €136,014 | €321,503 | €327,948 | €423,500 | €720,097 | ▲ 70.0% |
| + Depreciation and write-downs630 | €5,124 | €7,411 | €134,822 | €46,919 | €52,274 | ▲ 11.4% |
| Operating cash flow (approximation) | €141,137 | €328,914 | €462,770 | €470,420 | €772,371 | ▲ 64.2% |
| Investment in fixed assets (approximation) | - | -€84,905 | -€973,091 | -€45,707 | -€153,707 | ▼ 236% |
| Change in cash | - | €249,796 | -€454,477 | €122,398 | €279,581 | ▲ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 39 days late
2025
31-12
Financial
Highest result since 2018net €720,097 ▲70%
Operating result €1.1m, net result €720,097, both a record.
31-12
Financial
Liquidity times 6current ratio 2.10
Current ratio from 0.33 to 2.10; short-term debt falls from €519,493 to €245,494.
31-12
Financial
Equity above €1mEq €1.3m ▲123%
5 profitable years in a row build equity to €1.3m.
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Equity above €500,000Eq €557,541 ▲135%
2 profitable years in a row build equity to €557,541.
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
31-12
Financial
Back to profitnet €136,014
Net result €136,014 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €236,838 ▲133%
Equity rises from €101,624 to €236,838.
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
Show earlier events
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 107 days late
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 253 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ukkel
Ground area
508 m²
Building footprint
123 m²
Volume, LiDAR
999 m³
Parcel 21612D0025/00Y021, Brussels · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0025/00Y021 | Brussels | 508 m² | 1 · 123 m² | 13.6 m · 3 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.
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Of 22,075 companies in sector 69101 we hold annual accounts for 9,060. 3,627 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0550899919
Also
9925:BE0550899919
Registered
21-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.