SCUTARASU DECO
ActiveThe annual accounts of SCUTARASU DECO for fiscal year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €15k and a net result of €-44k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 27451 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-66
Solvency30▼-28
Growth50▼-13
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.65 against 1.24 in 2024; short-term debt: 92.1% and cash: 1.3% of total assets), and 94.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-16.2%
Age of the figures
9 mo
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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-44k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · 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 · 8 filingsDeviation from the deadline
2025
28 d late
2024
61 d late
2023
31 d late
2022
74 d late
2021
74 d late
2020
61 d late
2019
103 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€334k▼ 51.0%
2023 · €681k
2018: €141k
2019: €459k
2020: €569k
2021: €546k
2022: €488k
2023: €681k
2018 → 2024
EBIT margin
2.3%▼ 2.5pp
2023 · 4.7%
2018: 11.7%
2019: 3.8%
2020: 2.7%
2021: 1.9%
2022: 3.8%
2023: 4.7%
2018 → 2024
Net result
€-44k▼ 3,685%
2024 · €-1k
2018: €13k
2019: €11k
2020: €11k
2021: €-2k
2022: €7k
2023: €14k
2024: €-1k
2018 → 2025
Working capital
€-88k
2024 · €26k
2018: €19k
2019: €28k
2020: €10k
2021: €17k
2022: €-20k
2023: €6k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€546k-€488k▼ 10.6%€681k▲ 39.5%€334k▼ 51.0%
Equity€39k-€46k▲ 16.7%€60k▲ 29.7%€59k▼ 1.9%€15k▼ 74.8%
Operating result€10k-€18k▲ 78.0%€32k▲ 75.4%€8k▼ 76.4%€-41k
Net result€-2k-€7k€14k▲ 107%€-1k€-44k▼ 3,685%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €41k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€109k▲ 179%
Current assets
€161k▲ 18.4%
Equity and liabilities €270k
Equity
€15k▼ 74.8%
Debt
€256k▲ 119%
The debt ratio rises from 66.6% to 94.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €35k
Cash flow
€-9k▼
2024 · €26k
Solvency
5.5%▼
2024 · 33.4%
Current ratio
0.65▼
2024 · 1.24
Quick ratio
0.65▼
2024 · 1.24
Debt / equity
17.34▲
2024 · 1.99
ROE
-297.3%▼
2024 · -2.0%
ROA
-16.2%▼
2024 · -0.7%
Interest coverage
-4.28▼
2024 · 42.91
Debt
€256k▲
2024 · €117k
Debt ≤ 1 year
€249k▲
2024 · €110k
Debt > 1 year
€7k=
2024 · €7k
Income taxes
€885▼
2024 · €8k
Staff costs
€41k▼
2024 · €108k
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€175k€270k▲
Fixed assets21/28€39k€109k▲
Tangible fixed assets22/27€39k€109k▲
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€35k€108k▲
Current assets29/58€136k€161k▲
Amounts receivable within one year40/41€124k€156k▲
Trade receivables40€93k€131k▲
Other amounts receivable41€30k€25k▼
Cash at bank and in hand54/58€12k€3k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€175k€270k▲
Equity10/15€59k€15k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€51k€7k▼
Amounts payable17/49€117k€256k▲
Amounts payable after more than one year17€7k€7k=
Financial debts170/4€7k€7k=
Amounts payable within one year42/48€110k€249k▲
Financial debts43€4k€3k▼
Credit institutions430/8€4k€3k▼
Trade debts44€53k€130k▲
Suppliers440/4€53k€130k▲
Taxes, remuneration and social security45€45k€39k▼
Taxes450/3€35k€27k▼
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€8k€77k▲
Income statement
Code20242025
Turnover70€334k-
Goods, raw materials, services and sundry goods60/61€217k-
Remuneration, social security and pensions62€108k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€35k▲
Other operating charges640/8€2k€9k▲
Gross operating margin9900€145k€43k▼
Operating profit (loss)9901€8k€-41k▼
Financial charges65/66B€820€1k▲
Recurring financial charges65€820€1k▲
Profit (loss) for the period before taxes9903€7k€-43k▼
Income taxes67/77€8k€885▼
Profit (loss) for the period9904€-1k€-44k▼
Profit (loss) for the period to be appropriated9905€-1k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€7k▼
Profit (loss) brought forward from the previous period14P€52k€51k▼
The notes to these accounts (6 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €14k ▲107%
Operating result €32k, net result €14k, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 141 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dilbeek · 1 establishment unit since 2018
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.
Dennenlaan 31700 DilbeekGround area
867 m²
Building footprint
237 m²
Volume, LiDAR
3,988 m³
Parcel 23352F0033/00D003, Flanders · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SCUTARASU DECO
since 20182.274.510.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23352F0033/00D003 | Flanders | 867 m² | 1 · 237 m² | 19.9 m · 6 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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Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 1,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2018
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.