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SCULPMAN

Active
Public limited companyfounded 20188 yrs activeKwakenbeekstraat 5B, 1755 Pajottegem, BelgiumKBO/BCE: BE 0690.790.547
Summary

SCULPMAN has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€129,231) and a net result of €37,911. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+33
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 0.15 in 2024; short-term debt: 64.5% and cash: 45.9% of total assets), and equity is negative.
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Signals

Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-220.8%
Return on assets
64.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17123 sector peers (2025).
NBB · sector comparison
Position among 17123 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
57 d early
2024
9 d early
2023
30 d late
2022
25 d late
2021
31 d late
2020
31 d late
2019
101 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 22 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
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

SCULPMAN was incorporated on 20 February 2018.1 Total assets fell from EUR 295,011 in 2019 to EUR 58,536 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€129,231▲ 22.7%
2024 · -€167,142
Total assets
€58,536▲ 109%
2024 · €28,055
Net result
€37,911
2024 · -€456
Working capital
-€4,798▲ 87.5%
2024 · -€38,375
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
Line20212022202320242025
Operating result-€223,164▼ 15.0%-€142,531▲ 36.1%€133,246€598▼ 99.6%€39,147▲ 6,448%
Net result-€227,923▼ 16.3%-€147,105▲ 35.5%€130,715-€456€37,911
Equity-€150,296-€297,401▼ 97.9%-€166,686▲ 44.0%-€167,142▼ 0.3%-€129,231▲ 22.7%
Total assets€94,616▼ 24.2%€42,086▼ 55.5%€27,479▼ 34.7%€28,055▲ 2.1%€58,536▲ 109%
Debt€244,912▲ 419%€339,488▲ 38.6%€194,165▼ 42.8%€195,197▲ 0.5%€187,767▼ 3.8%
Working capital-€65,855-€149,334▼ 127%-€34,531▲ 76.9%-€38,375▼ 11.1%-€4,798▲ 87.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2021: -€223,164-€223,164Net result 2021: -€227,923-€227,923Operating result 2022: -€142,531-€142,531Net result 2022: -€147,105-€147,105Operating result 2023: €133,246€133,246Net result 2023: €130,715€130,715Operating result 2024: €598€598Net result 2024: -€456-€456Operating result 2025: €39,147€39,147Net result 2025: €37,911€37,91120212022202320242025-€50,000€0€50,000€100,000€150,000Operating result 2023: €133,246€133,000Net result 2023: €130,715€131,000Operating result 2024: €598€598Net result 2024: -€456-€456Operating result 2025: €39,147€39,100Net result 2025: €37,911€37,900202320242025
The operating result recovers in 2025; 2025 is 6,448% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58,536
Fixed assets €25,568 ▲ 20.3%
Current assets €32,969 ▲ 385%
Key figures and ratios
2025 value · change against 2024
EBITDA
€47,556▲
2024 · €7,035
Cash flow
€46,320▲
2024 · €5,982
Solvency
-220.8%▲
2024 · -595.8%
Current ratio
0.87▲
2024 · 0.15
Debt to equity
-1.45▼
2024 · -1.17
ROA
64.8%▲
2024 · -1.6%
Interest coverage
43.61▲
2024 · 7.07
Debt ≤ 1 year
€37,767▼
2024 · €45,171
Debt > 1 year
€150,000=
2024 · €150,000
Income taxes
€348▲
2024 · €59
Staff costs
€0▼
2024 · €11,883
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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€28,055€58,536▲
Fixed assets21/28€21,260€25,568▲
Intangible fixed assets21€5,489€12,923▲
Tangible fixed assets22/27€15,771€12,644▼
Plant, machinery and equipment23€15,771€12,644▼
Current assets29/58€6,796€32,969▲
Amounts receivable within one year40/41€3,249€5,737▲
Other amounts receivable41€3,249€5,737▲
Cash at bank and in hand54/58€2,778€26,861▲
Deferred charges and accrued income490/1€770€370▼
Equity and liabilities
Total equity and liabilities10/49€28,055€58,536▲
Equity10/15-€167,142-€129,231▲
Contributions10/11€312,409€312,409=
Outside capital11€312,409€312,409=
Other1109/19€312,409€312,409=
Profit (loss) carried forward14-€479,550-€441,640▲
Amounts payable17/49€195,197€187,767▼
Amounts payable after more than one year17€150,000€150,000=
Financial debts170/4€150,000€150,000=
Amounts payable within one year42/48€45,171€37,767▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€16,057€241▼
Suppliers440/4€16,057€241▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€29,114€37,526▲
Accrued charges and deferred income492/3€26€0▼
Income statement Code20242025
Remuneration, social security and pensions62€11,883€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,438€8,409▲
Other operating charges640/8€815€1,352▲
Non-recurring operating charges66A€0-
Gross operating margin9900€19,733€48,908▲
Operating profit (loss)9901€598€39,147▲
Financial income75/76B-€202
Recurring financial income75-€202
Financial charges65/66B€995€1,090▲
Recurring financial charges65€995€1,090▲
Profit (loss) for the period before taxes9903-€397€38,259▲
Income taxes67/77€59€348▲
Profit (loss) for the period9904-€456€37,911▲
Profit (loss) for the period to be appropriated9905-€456€37,911▲
Appropriation of the result
Profit (loss) to be appropriated9906-€479,550-€441,640▲
Profit (loss) brought forward from the previous period14P-€479,094-€479,550▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€63,914€66,447€73,230€11,883€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,370€6,895€12,031€6,438€8,409▲ 30.6%
Other operating charges640/8€378€390€806€815€1,352▲ 65.9%
Non-recurring operating charges66A--€457€0--
Gross operating margin9900-€152,503-€68,799€219,769€19,733€48,908▲ 148%
Operating profit (loss)9901-€223,164-€142,531€133,246€598€39,147▲ 6,448%
Financial income75/76B€0€46--€202-
Recurring financial income75€0€46--€202-
Financial charges65/66B€4,410€4,260€2,168€995€1,090▲ 9.6%
Recurring financial charges65€4,410€4,260€2,168€995€1,090▲ 9.6%
Profit (loss) for the period before taxes9903-€227,575-€146,745€131,078-€397€38,259▲ 9,726%
Income taxes67/77€349€360€363€59€348▲ 494%
Profit (loss) for the period9904-€227,923-€147,105€130,715-€456€37,911▲ 8,413%
Profit (loss) for the period to be appropriated9905-€227,923-€147,105€130,715-€456€37,911▲ 8,413%
Line20212022202320242025Change
Assets
Total assets20/58€94,616€42,086€27,479€28,055€58,536▲ 109%
Fixed assets21/28€16,684€9,790€17,872€21,260€25,568▲ 20.3%
Intangible fixed assets21€10,866€5,398€9,183€5,489€12,923▲ 135%
Tangible fixed assets22/27€5,818€4,392€8,688€15,771€12,644▼ 19.8%
Plant, machinery and equipment23€5,818€4,392€8,688€15,771€12,644▼ 19.8%
Current assets29/58€77,932€32,297€9,608€6,796€32,969▲ 385%
Amounts receivable within one year40/41€57,002€15,924€6,484€3,249€5,737▲ 76.6%
Trade receivables40€3,536€11,516----
Other amounts receivable41€53,465€4,407€6,484€3,249€5,737▲ 76.6%
Cash at bank and in hand54/58€19,358€15,003€1,749€2,778€26,861▲ 867%
Deferred charges and accrued income490/1€1,572€1,370€1,374€770€370▼ 51.9%
Equity and liabilities
Total equity and liabilities10/49€94,616€42,086€27,479€28,055€58,536▲ 109%
Equity10/15-€150,296-€297,401-€166,686-€167,142-€129,231▲ 22.7%
Contributions10/11€312,409€312,409€312,409€312,409€312,409=
Outside capital11€312,409--€312,409€312,409=
Other1109/19€312,409--€312,409€312,409=
Profit (loss) carried forward14-€462,705-€609,810-€479,094-€479,550-€441,640▲ 7.9%
Amounts payable17/49€244,912€339,488€194,165€195,197€187,767▼ 3.8%
Amounts payable after more than one year17€101,126€157,857€150,000€150,000€150,000=
Financial debts170/4€101,126€157,857€150,000€150,000€150,000=
Amounts payable within one year42/48€143,786€181,631€44,139€45,171€37,767▼ 16.4%
Current portion of amounts payable after more than one year42€83,874€100,957€15,701€0--
Financial debts43-€140----
Credit institutions430/8-€140----
Trade debts44€43,081€45,879€9,391€16,057€241▼ 98.5%
Suppliers440/4€43,081€45,879€9,391€16,057€241▼ 98.5%
Advances received on contracts in progress46-€9,105----
Taxes, remuneration and social security45€14,731€22,727€14,515€0--
Taxes450/3€2,159€7,793€13€0--
Remuneration and social security454/9€12,571€14,934€14,502€0--
Other amounts payable47/48€2,101€2,823€4,533€29,114€37,526▲ 28.9%
Accrued charges and deferred income492/3--€26€26€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904-€227,923-€147,105€130,715-€456€37,911▲ 8,413%
+ Depreciation and write-downs630€6,370€6,895€12,031€6,438€8,409▲ 30.6%
Operating cash flow (approximation)-€221,553-€140,210€142,747€5,982€46,320▲ 674%
Investment in fixed assets (approximation)-€0-€20,113-€9,825-€12,717▼ 29.4%
Change in cash--€4,355-€13,254€1,028€24,084▲ 2,242%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €37,911
Net result €37,911 after one loss-making year.
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €130,715
Net result €130,715 after 4 loss-making years.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet -€227,923
Net result drops to -€227,923, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 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, Pajottegem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,029 m²
Building footprint
156 m²
Volume, LiDAR
835 m³
Parcel 23024B0473/00D000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Sculpman
Kwakenbeekstraat 5B, 1755 PajottegemManufacture of computer, electronic and optical products
since 20182.274.680.088
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23024B0473/00D000 Flanders 1,029 m² 1 · 156 m² 6.4 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.

Similar companies · same sector, comparable size

Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,943 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
Founded20-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Contact
E-mail gerolf@sculpman.comPajottegem

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