SCULIER
ActiveSummary
SCULIER has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €323,598 and a net result of €75,095. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 3560 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+7
Solvency52▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.01 in 2023; short-term debt: 41.7% and cash: 1% of total assets), and 73.4% 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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 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
not confirmed
2024
52 d late
2023
31 d late
2022
31 d late
2021
58 d late
2020
61 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€75,095▲ 2,228%
2023 · €3,226
Working capital
€118,430▲ 4,899%
2023 · €2,369
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Operating result€35,397▲ 125%€81,766▲ 131%€49,428▼ 39.6%€23,239▼ 53.0%€119,217▲ 413%
Net result€13,696within the sector's middle half▲ 7.0%€57,211within the sector's middle half▲ 318%€33,033within the sector's middle half▼ 42.3%€3,226within the sector's middle half▼ 90.2%€75,095within the sector's middle half▲ 2,228%
Equity€157,696within the sector's middle half▲ 8.5%€212,044within the sector's middle half▲ 34.5%€243,691within the sector's middle half▲ 14.9%€250,119within the sector's middle half▲ 2.6%€323,598within the sector's middle half▲ 29.4%
Total assets€580,899within the sector's middle half▲ 30.8%€656,603within the sector's middle half▲ 13.0%€911,966within the sector's middle half▲ 38.9%€1.1mwithin the sector's middle half▲ 25.3%€1.2mwithin the sector's middle half▲ 6.3%
Debt€420,143▲ 42.5%€442,519▲ 5.3%€667,255▲ 50.8%€892,679▲ 33.8%€890,742▼ 0.2%
Working capital€97,596within the sector's middle half▲ 2.9%€76,406within the sector's middle half▼ 21.7%€31,796within the sector's middle half▼ 58.4%€2,369below the sector's middle half▼ 92.5%€118,430within the sector's middle half▲ 4,899%
Solvency27.1%within the sector's middle half▼ 5.6pp32.3%within the sector's middle half▲ 5.1pp26.7%within the sector's middle half▼ 5.6pp21.9%within the sector's middle half▼ 4.8pp26.6%within the sector's middle half▲ 4.8pp
Current ratio1.52within the sector's middle half▲ 0.071.27within the sector's middle half▼ 0.241.10below the sector's middle half▼ 0.171.01below the sector's middle half▼ 0.101.23within the sector's middle half▲ 0.23
Return on assets (ROA)2.4%within the sector's middle half▼ 0.5pp8.7%within the sector's middle half▲ 6.4pp3.6%within the sector's middle half▼ 5.1pp0.3%below the sector's middle half▼ 3.3pp6.2%within the sector's middle half▲ 5.9pp
Staff (FTE)2below the sector's middle half=3.1below the sector's middle half▲ 55.0%3.8within the sector's middle half▲ 22.6%3.4below the sector's middle half▼ 10.5%3.6below the sector's middle half▲ 5.9%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 413% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€589,836 ▼ 13.8%
Current assets
€624,503 ▲ 36.2%
Equity and liabilities €1.2m
Equity
€323,598 ▲ 29.4%
Debt
€890,742 ▼ 0.2%
Debt's share of the balance-sheet total falls from 78.1% to 73.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€288,755▲
2023 · €166,247
Cash flow
€244,634▲
2023 · €146,234
Quick ratio
1.18▲
2023 · 0.96
Debt to equity
2.75▼
2023 · 3.57
ROE
23.2%▲
2023 · 1.3%
Interest coverage
8.44▲
2023 · 5.97
Debt ≤ 1 year
€506,073▲
2023 · €456,186
Debt > 1 year
€371,324▼
2023 · €434,410
Income taxes
€11,644▲
2023 · €1,139
Staff costs
€203,525▲
2023 · €199,473
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,815 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7,854 | €56,803 | €11,546 | €6,612 | ▼ 42.7% |
| Remuneration, social security and pensions62 | - | €153,427 | €188,032 | €199,473 | €203,525 | ▲ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,500 | €87,992 | €84,198 | €143,008 | €169,538 | ▲ 18.6% |
| Other operating charges640/8 | - | €7,540 | €4,200 | €6,317 | €8,143 | ▲ 28.9% |
| Non-recurring operating charges66A | - | - | €13,571 | - | - | - |
| Gross operating margin9900 | €216,891 | €330,725 | €339,429 | €372,037 | €500,423 | ▲ 34.5% |
| Operating profit (loss)9901 | €35,397 | €81,766 | €49,428 | €23,239 | €119,217 | ▲ 413% |
| Financial income75/76B | - | €1,607 | €1,385 | €7,937 | €1,733 | ▼ 78.2% |
| Recurring financial income75 | €1,402 | €1,607 | €1,385 | €7,937 | €1,733 | ▼ 78.2% |
| Financial charges65/66B | - | €7,849 | €15,047 | €27,831 | €34,210 | ▲ 22.9% |
| Recurring financial charges65 | €21,651 | €7,849 | €15,047 | €27,831 | €34,210 | ▲ 22.9% |
| Profit (loss) for the period before taxes9903 | €15,147 | €75,525 | €35,765 | €3,345 | €86,739 | ▲ 2,493% |
| Transfer from deferred taxes780 | - | €1,020 | €1,020 | €1,020 | - | - |
| Income taxes67/77 | €2,471 | €19,334 | €3,753 | €1,139 | €11,644 | ▲ 923% |
| Profit (loss) for the period9904 | €13,696 | €57,211 | €33,033 | €3,226 | €75,095 | ▲ 2,228% |
| Transfer from tax-exempt reserves789 | - | €1,980 | €1,980 | €1,980 | - | - |
| Profit (loss) for the period to be appropriated9905 | €15,676 | €59,191 | €35,013 | €5,206 | €75,095 | ▲ 1,342% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €580,899 | €656,603 | €911,966 | €1.1m | €1.2m | ▲ 6.3% |
| Fixed assets21/28 | €294,509 | €300,838 | €573,378 | €684,243 | €589,836 | ▼ 13.8% |
| Tangible fixed assets22/27 | €294,509 | €300,838 | €573,378 | €684,243 | €589,836 | ▼ 13.8% |
| Plant, machinery and equipment23 | - | €219,284 | €506,939 | €449,654 | €403,481 | ▼ 10.3% |
| Furniture and vehicles24 | - | €81,554 | €29,607 | €199,675 | €150,743 | ▼ 24.5% |
| Other tangible fixed assets26 | - | - | €36,832 | €34,914 | €35,613 | ▲ 2.0% |
| Current assets29/58 | €286,390 | €355,765 | €338,588 | €458,555 | €624,503 | ▲ 36.2% |
| Stocks and contracts in progress3 | €17,688 | €19,248 | €25,462 | €19,255 | €25,782 | ▲ 33.9% |
| Stocks30/36 | - | €19,248 | €25,462 | €19,255 | €25,782 | ▲ 33.9% |
| Amounts receivable within one year40/41 | €189,149 | €306,170 | €268,675 | €406,889 | €560,836 | ▲ 37.8% |
| Trade receivables40 | - | €274,152 | €230,840 | €349,599 | €521,869 | ▲ 49.3% |
| Other amounts receivable41 | - | €32,018 | €37,836 | €57,290 | €38,967 | ▼ 32.0% |
| Cash at bank and in hand54/58 | €69,560 | €20,460 | €30,133 | €12,480 | €11,728 | ▼ 6.0% |
| Deferred charges and accrued income490/1 | - | €9,888 | €14,318 | €19,932 | €26,157 | ▲ 31.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €580,899 | €656,603 | €911,966 | €1.1m | €1.2m | ▲ 6.3% |
| Equity10/15 | €157,696 | €212,044 | €243,691 | €250,119 | €323,598 | ▲ 29.4% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €82,530 | €138,263 | €171,295 | €174,522 | €249,617 | ▲ 43.0% |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Tax-exempt reserves132 | - | €3,960 | €1,980 | - | - | - |
| Distributable reserves133 | - | €128,153 | €163,165 | €168,372 | €243,467 | ▲ 44.6% |
| Profit (loss) carried forward14 | €9,511 | €9,511 | €9,511 | €9,511 | €9,511 | = |
| Investment grants15 | - | €2,770 | €1,385 | €4,587 | €2,970 | ▼ 35.3% |
| Provisions and deferred taxes16 | €3,060 | €2,040 | €1,020 | - | - | - |
| Deferred taxes168 | - | €2,040 | €1,020 | - | - | - |
| Amounts payable17/49 | €420,143 | €442,519 | €667,255 | €892,679 | €890,742 | ▼ 0.2% |
| Amounts payable after more than one year17 | €229,016 | €160,957 | €347,706 | €434,410 | €371,324 | ▼ 14.5% |
| Financial debts170/4 | - | €160,957 | €347,706 | €434,410 | €371,324 | ▼ 14.5% |
| Amounts payable within one year42/48 | €188,794 | €279,358 | €306,792 | €456,186 | €506,073 | ▲ 10.9% |
| Current portion of amounts payable after more than one year42 | - | €72,758 | €95,596 | €108,331 | €128,933 | ▲ 19.0% |
| Financial debts43 | - | - | - | - | €11,503 | - |
| Credit institutions430/8 | - | - | - | - | €11,503 | - |
| Trade debts44 | €106,237 | €170,131 | €171,239 | €321,482 | €322,967 | ▲ 0.5% |
| Suppliers440/4 | - | €100,918 | €115,184 | €271,433 | €287,841 | ▲ 6.0% |
| Bills of exchange payable441 | - | €69,213 | €56,056 | €50,049 | €35,126 | ▼ 29.8% |
| Advances received on contracts in progress46 | - | €4,046 | €5,046 | €4,046 | €4,046 | = |
| Taxes, remuneration and social security45 | - | €28,427 | €31,018 | €14,211 | €26,705 | ▲ 87.9% |
| Taxes450/3 | - | €19,117 | €22,869 | €4,286 | €18,067 | ▲ 322% |
| Remuneration and social security454/9 | - | €9,310 | €8,148 | €9,925 | €8,639 | ▼ 13.0% |
| Other amounts payable47/48 | - | €3,997 | €3,894 | €8,116 | €11,919 | ▲ 46.9% |
| Accrued charges and deferred income492/3 | - | €2,204 | €12,757 | €2,083 | €13,345 | ▲ 541% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,696 | €57,211 | €33,033 | €3,226 | €75,095 | ▲ 2,228% |
| + Depreciation and write-downs630 | €53,500 | €87,992 | €84,198 | €143,008 | €169,538 | ▲ 18.6% |
| Operating cash flow (approximation) | €67,196 | €145,203 | €117,231 | €146,234 | €244,634 | ▲ 67.3% |
| Investment in fixed assets (approximation) | - | -€94,321 | -€356,739 | -€253,873 | -€75,131 | ▲ 70.4% |
| Change in cash | - | -€49,101 | €9,673 | -€17,653 | -€751 | ▲ 95.7% |
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
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 52 days late
2024
31-12
Financial
Highest result since 2018net €75,095 ▲2,228%
Operating result €119,217, net result €75,095, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 58 days late
2021
31-12
Financial
Equity above €200,000Eq €212,044 ▲34.5%
3 profitable years in a row build equity to €212,044.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Equity above €150,000Eq €157,696 ▲8.5%
2 profitable years in a row build equity to €157,696.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €12,805
Net result €12,805 after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Tournai · 1 establishment unit since 2005
Ground area
3,188 m²
Building footprint
251 m²
Parcel 57084A0557/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SCULIER
since 20052.147.983.242
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57084A0557/00F000 | Wallonia | 3,188 m² | 1 · 251 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
17 categoriesSCULIER SA32655
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Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,409 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43110Demolition
43130Specialised construction activities
Contact
E-mail
sculier.sa@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874747681
Also
9925:BE0874747681
Registered
29-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.