SCULTURE

Active

Private limited company (pre-2019)founded 20188 yrs activeEvergemsesteenweg 84, 9032 Gent, BelgiumKBO/BCE: BE 0697.667.847

SCULTURE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-41k) and a net result of €77k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

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Checked score

Score 2024

21 / 100

Critical= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency40▼-2

Growth58=

Stability100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.78 against 0.88 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 31

Relative position

BE, all sectors

reference

Sector 31

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

-2.5%

Return on assets

4.6%

Age of the figures

20 mo

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

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filings

Deviation from the deadline

2025

28 d late

2024

on the day

2023

56 d late

2022

67 d late

2021

92 d late

2020

75 d late

2019

27 d late

← before the deadline after the deadline →

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

12-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2024, abbreviated schema

Turnover

€1.40M

EBIT margin

0.6%

Net result

€77k▲ 27.3%

2023 · €61k

2019: €6k 2020: €77k 2021: €-325k 2022: €44k 2023: €61k

2019 → 2024

Working capital

€-361k▼ 99.8%

2023 · €-181k

2019: €98k 2020: €-79k 2021: €-132k 2022: €-195k 2023: €-181k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€102k-€-224k€-179k▲ 19.8%€-119k▲ 33.9%€-41k▲ 65.3%

Operating result€-53k-€-196k▼ 268%€107k€87k▼ 18.9%€81k▼ 6.9%

Net result€77k-€-325k€44k€61k▲ 37.7%€77k▲ 27.3%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 7% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.67M

22.3%

77.7%

Fixed assets €374k▲ 39.1%

Current assets €1.30M▲ 2.4%

Key figures and ratios

2024 value · change against 2023

EBITDA

€154k▲

2023 · €112k

Cash flow

€151k▲

2023 · €85k

Solvency

-2.5%▲

2023 · -7.7%

Current ratio

0.78▼

2023 · 0.88

Quick ratio

0.78▼

2023 · 0.88

Debt / equity

-41.68▼

2023 · -13.97

ROE

-188.3%▼

2023 · -51.3%

ROA

4.6%▲

2023 · 4.0%

Interest coverage

231.56▲

2023 · 82.73

Debt

€1.72M▲

2023 · €1.66M

Debt ≤ 1 year

€1.66M▲

2023 · €1.45M

Income taxes

€3k▼

2023 · €25k

Staff costs

€639k▲

2023 · €403k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.54M€1.67M▲

Fixed assets21/28€269k€374k▲

Intangible fixed assets21-€15k

Tangible fixed assets22/27€62k€152k▲

Plant, machinery and equipment23€40k€92k▲

Furniture and vehicles24€22k€60k▲

Financial fixed assets28€207k€207k=

Current assets29/58€1.27M€1.30M▲

Amounts receivable within one year40/41€1.19M€1.27M▲

Trade receivables40€1.18M€1.16M▼

Other amounts receivable41€15k€105k▲

Cash at bank and in hand54/58€67k€19k▼

Deferred charges and accrued income490/1€9k€12k▲

Equity and liabilities

Total equity and liabilities10/49€1.54M€1.67M▲

Equity10/15€-119k€-41k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€-139k€-62k▲

Amounts payable17/49€1.66M€1.72M▲

Amounts payable within one year42/48€1.45M€1.66M▲

Current portion of amounts payable after more than one year42€2k-

Trade debts44€1.22M€1.56M▲

Suppliers440/4€1.22M€1.56M▲

Taxes, remuneration and social security45€100k€70k▼

Taxes450/3€77k€38k▼

Remuneration and social security454/9€23k€32k▲

Other amounts payable47/48€128k€32k▼

Accrued charges and deferred income492/3€207k€54k▼

Income statement Code20232024

Remuneration, social security and pensions62€403k€639k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€73k▲

Other operating charges640/8€4k€22k▲

Non-recurring operating charges66A-€92k

Gross operating margin9900€518k€908k▲

Operating profit (loss)9901€87k€81k▼

Financial income75/76B€129€77▼

Recurring financial income75€129€77▼

Financial charges65/66B€1k€667▼

Recurring financial charges65€1k€667▼

Profit (loss) for the period before taxes9903€86k€81k▼

Income taxes67/77€25k€3k▼

Profit (loss) for the period9904€61k€77k▲

Profit (loss) for the period to be appropriated9905€61k€77k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-139k€-62k▲

Profit (loss) brought forward from the previous period14P€-200k€-139k▲

Social balance

Average headcount (FTE)908713.114.4▲

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

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 28 days late

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2019net €77k ▲27.3%

Net result €77k, the highest in the series.

25-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 56 days late

2023

06-10

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 67 days late

2022

31-12

Financial Back to profitnet €44k

Net result €44k after one loss-making year.

31-10

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 92 days late

2021

31-12

Financial Weakest financial yearnet €-325k ▼523%

Net result drops to €-325k, the lowest in the series; recovery starts the following year.

14-10

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 75 days late

2020

31-12

Financial Equity above €100kEq €102k ▲311%

2 profitable years in a row build equity to €102k.

27-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 27 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Gent · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Evergemsesteenweg 849032 Gent

Ground area

759 m²

Building footprint

291 m²

Volume, LiDAR

1,657 m³

2 parcels, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

SCULTURE

Evergemsesteenweg 90, 9032 GentManufacture of furniture

since 20182.300.908.789

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44074A0508/00L003	Flanders	507 m²	1 · 184 m²	10.1 m · 2 fl.
44074A0508/00H003	Flanders	252 m²	1 · 107 m²	12.5 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

MENUISERIE DECORATIVE PIRE

Sint-Jans-Molenbeek · Eq €101k

Of 1,496 companies in sector 31004 we hold annual accounts for 614. 460 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded06-06-2018

Fiscal year end31-12

Activities, NACEBEL

31004Manufacture of dining room, living room, bedroom and bathroom furniture

73200Market research and public opinion polling

43310Plastering work

43320Joinery installation

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.