SCULLY SYSTEMS
ActiveSCULLY SYSTEMS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.14M and a net result of €175k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 88% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+65
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 6.7 against 7.67 in 2024; short-term debt: 14.9% and cash: 16% of total assets), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
85.1%
Return on assets
4.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
on the day
2022
on the day
2021
28 d late
2020
1 d late
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.14M▲ 5.9%
2024 · €2.97M
2019: €2.50M
2020: €3.07M
2021: €2.93M
2022: €3.16M
2023: €3.21M
2024: €2.97M
2019 → 2025
Total assets
€3.69M▲ 8.0%
2024 · €3.42M
2019: €4.95M
2020: €4.63M
2021: €4.60M
2022: €4.04M
2023: €3.77M
2024: €3.42M
2019 → 2025
Net result
€175k
2024 · €-241k
2019: €6k
2020: €561k
2021: €324k
2022: €228k
2023: €46k
2024: €-241k
2019 → 2025
Working capital
€3.14M▲ 5.9%
2024 · €2.96M
2019: €2.49M
2020: €3.07M
2021: €2.91M
2022: €3.14M
2023: €3.19M
2024: €2.96M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.93M-€3.16M▲ 7.8%€3.21M▲ 1.5%€2.97M▼ 7.5%€3.14M▲ 5.9%
Operating result€228k-€338k▲ 48.6%€82k▼ 75.6%€-194k€209k
Net result€324k-€228k▼ 29.6%€46k▼ 79.8%€-241k€175k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €209k after a loss of €194k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.69M
Fixed assets
€4k▼ 60.6%
Current assets
€3.69M▲ 8.3%
Equity and liabilities €3.69M
Equity
€3.14M▲ 5.9%
Debt
€551k▲ 22.2%
The debt ratio rises from 13.2% to 14.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€215k▲
2024 · €-187k
Cash flow
€181k▲
2024 · €-233k
Solvency
85.1%▼
2024 · 86.8%
Current ratio
6.70▼
2024 · 7.67
Quick ratio
5.87▼
2024 · 6.61
Debt / equity
0.18▲
2024 · 0.15
ROE
5.6%▲
2024 · -8.1%
ROA
4.7%▲
2024 · -7.0%
Interest coverage
7.64▲
2024 · -4.80
Debt
€551k▲
2024 · €451k
Debt ≤ 1 year
€551k▲
2024 · €444k
Income taxes
€6k▼
2024 · €8k
Staff costs
€448k▼
2024 · €484k
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€3.42M€3.69M▲
Fixed assets21/28€10k€4k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€10k€4k▼
Land and buildings22€140€0▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€2k€65▼
Financial fixed assets28€210€210=
Current assets29/58€3.41M€3.69M▲
Stocks and contracts in progress3€471k€457k▼
Stocks30/36€471k€457k▼
Amounts receivable within one year40/41€2.07M€2.64M▲
Trade receivables40€904k€1.17M▲
Other amounts receivable41€1.17M€1.46M▲
Cash at bank and in hand54/58€859k€590k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€3.42M€3.69M▲
Equity10/15€2.97M€3.14M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€2.90M€3.07M▲
Amounts payable17/49€451k€551k▲
Amounts payable within one year42/48€444k€551k▲
Trade debts44€141k€210k▲
Suppliers440/4€141k€210k▲
Taxes, remuneration and social security45€36k€46k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€33k€41k▲
Other amounts payable47/48€267k€295k▲
Accrued charges and deferred income492/3€7k-
Income statement
Code20242025
Remuneration, social security and pensions62€484k€448k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€304k€669k▲
Operating profit (loss)9901€-194k€209k▲
Financial income75/76B€1€22▲
Recurring financial income75€1€22▲
Financial charges65/66B€39k€28k▼
Recurring financial charges65€39k€28k▼
Profit (loss) for the period before taxes9903€-233k€181k▲
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€-241k€175k▲
Profit (loss) for the period to be appropriated9905€-241k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.90M€3.07M▲
Profit (loss) brought forward from the previous period14P€3.14M€2.90M▼
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €175k
Net result €175k after one loss-making year.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Weakest financial yearnet €-241k ▼620%
Net result drops to €-241k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Highest result since 2019net €561k ▲10060%
Operating result €723k, net result €561k, both a record.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 11 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Mechelen · 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.
Maanstraat 252800 MechelenGround area
927 m²
Building footprint
451 m²
Volume, LiDAR
3,477 m³
Parcel 12402C0238/00A009, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SCULLY SYSTEMS
since 20042.189.044.431
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402C0238/00A009 | Flanders | 927 m² | 1 · 451 m² | 9.3 m · 2 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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BULTERYS
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Of 1,246 companies in sector 46643 we hold annual accounts for 954. 553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-2004
Fiscal year end30-06
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
46649Wholesale of other machinery and equipment
51872
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.