SKARABEE

Active

Public limited companyfounded 2004active for 22 yearsVijfseweg 180, 8790 Waregem, BelgiumKBO/BCE: BE 0863.259.814

Summary

SKARABEE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.9m) and a net result of €318,892. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow Report Compare

SKARABEEActiveChecked score 55/100

Risk analysis Report Compare

Activity

Wired, wireless and satellite telecommunications

NACE 61100

9th largest company by total assets in West Flanders, Telecommunications sector1 site

Size

€1.3mtotal assets 2025

Equity: -€1.9m
Profit: €318,892

Financial health

55 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.5%

Structure

Parent: Loeckx & Leyssens · 100%

Amplio BVDirector · permanent representative Paul Verwilt
Orange Tree BVDirector · permanent representative Gert Ysebaert
Zumaco BVDirector · permanent representative Kristiaan De Beukelaer

Auditor: KPMG Bedrijfsrevisoren BV2025 accounts 38 days early4 of 17 deeds summarised

Why 55raises riskCapped at 59: negative equityNegative equity -€1.9mSector: Telecommunications (NACE 61)lowers riskSize: total assets €1.3mLegal form: public limited companyShow the evidence

Checked score

Score 2025

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 41% of its sector peers (NACE 61, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -142.0% of total assets

Liquidity 9-15

short-term debt 241.9% · cash 7.2%

Profitability 99+99

return on assets 24.1%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (527 companies, NACE 61, micro)

Last 24 months 11-2024: 6.0% 12-2024: 6.0%● unchanged vs 11-2024 01-2025: 6.0%● unchanged vs 12-2024 02-2025: 6.1%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 6.0%▼ -0.1 percentage points vs 02-2025 04-2025: 3.3%▼ -2.7 percentage points vs 03-2025 05-2025: 3.9%▲ +0.6 percentage points vs 04-2025 06-2025: 4.0%▲ +0.1 percentage points vs 05-2025 07-2025: 4.1%▲ +0.1 percentage points vs 06-2025 08-2025: 4.4%▲ +0.3 percentage points vs 07-2025 09-2025: 4.4%● unchanged vs 08-2025 10-2025: 4.4%● unchanged vs 09-2025 11-2025: 4.4%● unchanged vs 10-2025 12-2025: 4.4%● unchanged vs 11-2025 01-2026: 4.4%● unchanged vs 12-2025 02-2026: 4.5%▲ +0.1 percentage points vs 01-2026 03-2026: 4.3%▼ -0.2 percentage points vs 02-2026 04-2026: 4.3%● unchanged vs 03-2026 05-2026: 3.8%▼ -0.5 percentage points vs 04-2026 06-2026: 3.8%● unchanged vs 05-2026 07-2026: 0.5%▼ -3.3 percentage points vs 06-2026lowest value 08-2026: 0.5%● unchanged vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value

No credit on open account

Liquidity insufficient (current ratio 0.18, compared with 0.21 in 2024, below 1; short-term debt: 241.9% and cash: 7.2% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 61, micro): better than 7% on solvency, 12% on liquidity, 80% on profitability and 63% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Negative equity -€1.9m

NBB · annual accounts

Size: total assets €1.3m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Telecommunications (NACE 61)

KBO

Legal form: public limited company

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 95 sector peers (2025).

NBB · sector comparison

Position among 95 sector peers

Solvency

better than 5%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

38 days early

2024

28 days early

2023

26 days early

2022

67 days late

2021

30 days late

2020

95 days late

2019

70 days 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 24 days after the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 filed years within 55 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-06-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Back to profitnet €318,892
07-07-2025 Permanent representatives: Gert Ysebaert, Paul Verwilt…Power of attorney

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€1.9m View
Caution: Among the weakest 5% on solvencysector median 34.7% · 95 companies -142.0% View
Positive: Back in profit in 2025after -€2.2m in 2024 €318,892 View
Controlled by Loeckx & Leyssensultimately: Mediahuis NV 100% View

By topic

Financials

Financial year: 2025
Total assets: €1.3m
Profit: €318,892
Solvency: -142.0%

Total assets▼ 39.8%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: Loeckx & Leyssens · 100%
Auditor: KPMG Bedrijfsrevisoren BV

Amplio BVDirector
Orange Tree BVDirector
Zumaco BVDirector

Go to Board & ownership

Network & group

Group: Mediahuis NV

Go to Network & group

Timeline

Events: 30
Since: 2005
Next accounts: by 31-07-2027

03-07-2025Annual accounts filed
31-12-2024Weakest financial year
08-11-2024Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Wired, wireless and satellite telecommunicationsNACE 61100
Founded: 06-02-2004
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about SKARABEE

What is the company number of SKARABEE?: 0863.259.814. In Belgium the VAT number is the company number with BE in front: BE 0863.259.814.
Where is SKARABEE based?: The registered office is at Vijfseweg 180, 8790 Waregem.Company details
What does SKARABEE do?: According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of SKARABEE?: Public limited company (NV).
When was SKARABEE founded?: On 06-02-2004.
Is SKARABEE still active?: Yes, SKARABEE is an active enterprise in the KBO register.
How many employees does SKARABEE have?: On average 10.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SKARABEE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SKARABEE profitable?: In financial year 2025, SKARABEE made a profit of €318,892.
Where can I find the annual accounts of SKARABEE?: SKARABEE filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SKARABEE due?: By 31-07-2027, for financial year 2026.Timeline