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SKAR

Active
Private limited companyfounded 20206 yrs activeBarthélémylaan 32, 1000 Brussel, BelgiumKBO/BCE: BE 0751.825.026
Summary

The computed 12-month bankruptcy probability of SKAR is 6.8% (elevated). The 2024 annual accounts show negative equity (-€27,140) and a net result of -€29,358. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Activity not known1 site
How big
€1.0mtotal assets 2024
Equity
-€27,140
Loss
-€29,358
Turnover not published (abridged schema)
Financially healthy?
29 Weak Checked score 2024
Bankruptcy chance 12 m
6.8%
Who decides
Accounts 31 d early0 of 1 deed read
Why 29- No NACE activity registered- Limited track record- Higher-failure-rate region- Annual accounts: weaker financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability16▲+16
Solvency22▼-37
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 1.52 in 2023; short-term debt: 27.6% and cash: 6.8% of total assets), and equity is negative.
Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
-2.6%
Return on assets
-2.9%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
31 d early
2024
53 d late
2023
14 d early
2022
65 d late
2021
102 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 22 September (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€29,358

Financials

Fiscal year 2024Total assets €1.0mLoss -€29,358Solvency -2.6%Liquidity 0.25
Total assets
€1.0m▲ 15,625%
2021 - 2024
Net result
-€29,358▼ 1,737%
2021 - 2024
Equity
-€27,140
2021 - 2024
Solvency
-2.6%▼ 36.7pp
2021 - 2024

Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Trend over the years4 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result-€0.005m--€0.002m▲ 67.3%-€0.002m▼ 1.6%-€0.01m▼ 639%
Net result-€0.005m--€0.002m▲ 66.9%-€0.002m▼ 3.9%-€0.03m▼ 1,737%
Equity€0.005m-€0.004m▼ 28.7%€0.002m▼ 41.9%-€0.03m
Total assets€0.009m-€0.009m▼ 4.3%€0.007m▼ 25.3%€1.0m▲ 15,625%
Debt€0.004m-€0.005m▲ 30.4%€0.004m▼ 12.4%€1.1m▲ 24,359%
Working capital€0.005m-€0.004m▼ 28.7%€0.002m▼ 41.9%-€0.2m
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€4,621-€4,621Net result 2021: -€4,645-€4,645Operating result 2022: -€1,512-€1,512Net result 2022: -€1,539-€1,539Operating result 2023: -€1,536-€1,536Net result 2023: -€1,599-€1,599Operating result 2024: -€11,351-€11,351Net result 2024: -€29,358-€29,3582021202220232024-€30,000-€20,000-€10,000€0Operating result 2022: -€1,512-€1,510Net result 2022: -€1,539-€1,540Operating result 2023: -€1,536-€1,540Net result 2023: -€1,599-€1,600Operating result 2024: -€11,351-€11,400Net result 2024: -€29,358-€29,400202220232024
The operating result stays negative: a loss of €11,351 in 2024 against €1,536 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
Assets €1.0m
Fixed assets €954,435
Current assets €70,991
Equity and liabilities
Equity-€27,140
Debt€1.1m
Equity is negative: debt (€1.1m) exceeds the balance-sheet total (€1.0m).
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€1,048
Cash flow
-€16,958
Solvency
-2.6%▼
2023 · 34.0%
Current ratio
0.25▼
2023 · 1.52
ROA
-2.9%▲
2023 · -24.5%
Interest coverage
0.06
Debt ≤ 1 year
€283,445▲
2023 · €4,303
Debt > 1 year
€769,121
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
2.0% went bankrupt
2.8% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,167 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.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€0.007m€1.0m▲
Fixed assets21/28-€1.0m
Tangible fixed assets22/27-€1.0m
Land and buildings22-€1.0m
Other tangible fixed assets26-€0.004m
Current assets29/58€0.007m€0.07m▲
Cash at bank and in hand54/58€0.007m€0.07m▲
Deferred charges and accrued income490/1-€0.002m
Equity and liabilities
Total equity and liabilities10/49€0.007m€1.0m▲
Equity10/15€0.002m-€0.03m▼
Contributions10/11€0.01m€0.01m=
Profit (loss) carried forward14-€0.008m-€0.04m▼
Amounts payable17/49€0.004m€1.1m▲
Amounts payable after more than one year17-€0.8m
Financial debts170/4-€0.8m
Amounts payable within one year42/48€0.004m€0.3m▲
Current portion of amounts payable after more than one year42-€0.03m
Trade debts44€384-
Suppliers440/4€384-
Other amounts payable47/48€0.004m€0.3m▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€0.01m
Other operating charges640/8€384€0.005m▲
Gross operating margin9900-€0.001m€0.006m▲
Operating profit (loss)9901-€0.002m-€0.01m▼
Financial charges65/66B€63€0.02m▲
Recurring financial charges65€63€0.02m▲
Profit (loss) for the period before taxes9903-€0.002m-€0.03m▼
Profit (loss) for the period9904-€0.002m-€0.03m▼
Profit (loss) for the period to be appropriated9905-€0.002m-€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.008m-€0.04m▼
Profit (loss) brought forward from the previous period14P-€0.006m-€0.008m▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,420--€12,400-
Other operating charges640/8€703€367€384€4,501▲ 1,071%
Gross operating margin9900-€1,499-€1,145-€1,151€5,550▲ 582%
Operating profit (loss)9901-€4,621-€1,512-€1,536-€11,351▼ 639%
Financial charges65/66B€24€27€63€18,007▲ 28,482%
Recurring financial charges65€24€27€63€18,007▲ 28,482%
Profit (loss) for the period before taxes9903-€4,645-€1,539-€1,599-€29,358▼ 1,737%
Profit (loss) for the period9904-€4,645-€1,539-€1,599-€29,358▼ 1,737%
Profit (loss) for the period to be appropriated9905-€4,645-€1,539-€1,599-€29,358▼ 1,737%
Line2021202220232024Change
Assets
Total assets20/58€0.009m€0.009m€0.007m€1.0m▲ 15,625%
Fixed assets21/28---€1.0m-
Tangible fixed assets22/27---€1.0m-
Land and buildings22---€1.0m-
Other tangible fixed assets26---€0.004m-
Current assets29/58€0.009m€0.009m€0.007m€0.07m▲ 989%
Cash at bank and in hand54/58€0.009m€0.009m€0.007m€0.07m▲ 963%
Deferred charges and accrued income490/1---€0.002m-
Equity and liabilities
Total equity and liabilities10/49€0.009m€0.009m€0.007m€1.0m▲ 15,625%
Equity10/15€0.005m€0.004m€0.002m-€0.03m▼ 1,324%
Contributions10/11€0.01m€0.01m€0.01m€0.01m=
Profit (loss) carried forward14-€0.005m-€0.006m-€0.008m-€0.04m▼ 377%
Amounts payable17/49€0.004m€0.005m€0.004m€1.1m▲ 24,359%
Amounts payable after more than one year17---€0.8m-
Financial debts170/4---€0.8m-
Amounts payable within one year42/48€0.004m€0.005m€0.004m€0.3m▲ 6,487%
Current portion of amounts payable after more than one year42---€0.03m-
Trade debts44€348€0.001m€384--
Suppliers440/4€348€0.001m€384--
Other amounts payable47/48€0.003m€0.003m€0.004m€0.3m▲ 6,345%
Line2021202220232024Change
Profit (loss) for the period9904-€4,645-€1,539-€1,599-€29,358▼ 1,737%
+ Depreciation and write-downs630€2,420--€12,400-
Operating cash flow (approximation)-€2,225-€1,539-€1,599-€16,958▼ 961%
Change in cash--€394-€2,206€62,800▲ 2,947%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

6 eventsLatest 30-06-2026Next filing 31-07-2027

History

On 5 August 2020, SKAR was incorporated as a Private limited company.1 Total assets went from €9,121 in 2021 to €1.0m in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial Weakest financial yearnet -€29,358
Net result drops to -€29,358, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
10-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 102 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 05-08-2020Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company
Founded05-08-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
128 m²
Building footprint
108 m²
Volume, LiDAR
1,166 m³
Parcel 21811M0197/00Z010, Brussels · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Barthélémylaan 32, 1000 Brussel
Other financial services
since 2020unit no. 2.310.454.282
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21811M0197/00Z010 Brussels 128 m² 1 · 108 m² 16.9 m · 3 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.

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