SKIPI
ActiveSummary
SKIPI has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-1
Solvency74▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 3.24 against 3.4 in 2024; short-term debt: 20.9% and cash: 17.2% of total assets), but 50.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.1%
Return on assets
10.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €39k
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
34 d early
2023
71 d early
2022
13 d early
2021
30 d late
2020
11 d early
2019
29 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 27.1%
2024 · €31k
Total assets
€80k▲ 14.8%
2024 · €70k
Net result
€8k▲ 2.0%
2024 · €8k
Working capital
€37k▲ 40.7%
2024 · €27k
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€-10k▲ 30.1%€6k€30k▲ 445%€13k▼ 58.3%€14k▲ 11.1%
Net result€-11k▲ 28.7%€5k€28k▲ 455%€8k▼ 70.9%€8k▲ 2.0%
Equity€-11k▼ 34,904%€-6k▲ 47.8%€23k€31k▲ 36.2%€39k▲ 27.1%
Total assets€22k▼ 50.5%€33k▲ 53.4%€39k▲ 15.8%€70k▲ 80.9%€80k▲ 14.8%
Debt€32k▼ 26.2%€39k▲ 20.1%€16k▼ 59.2%€39k▲ 145%€41k▲ 5.0%
Working capital€-17k▼ 90.7%€-9k▲ 46.7%€18k€27k▲ 47.7%€37k▲ 40.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€26k ▼ 19.1%
Current assets
€54k ▲ 43.7%
Equity and liabilities €80k
Equity
€39k ▲ 27.1%
Debt
€41k ▲ 5.0%
Debt's share of the balance-sheet total falls from 55.7% to 50.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2024 · €17k
Cash flow
€16k▲
2024 · €13k
Current ratio
3.24▼
2024 · 3.40
Quick ratio
3.17▼
2024 · 3.27
Debt to equity
1.04▼
2024 · 1.26
ROE
21.3%▼
2024 · 26.6%
ROA
10.5%▼
2024 · 11.8%
Interest coverage
12.62▲
2024 · 10.63
Debt ≤ 1 year
€17k▲
2024 · €11k
Debt > 1 year
€16k▼
2024 · €22k
Income taxes
€5k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €5k | €8k | ▲ 64.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €8k | €-5k | ▼ 155% |
| Other operating charges640/8 | €908 | €1k | €1k | €2k | €6k | ▲ 226% |
| Gross operating margin9900 | €-7k | €9k | €33k | €27k | €23k | ▼ 16.3% |
| Operating profit (loss)9901 | €-10k | €6k | €30k | €13k | €14k | ▲ 11.1% |
| Financial income75/76B | €106 | €71 | €835 | €179 | €776 | ▲ 333% |
| Recurring financial income75 | €106 | €71 | €9 | €179 | €776 | ▲ 333% |
| Non-recurring financial income76B | - | - | €826 | €0 | - | - |
| Financial charges65/66B | €436 | €482 | €579 | €2k | €2k | ▲ 6.0% |
| Recurring financial charges65 | €436 | €482 | €579 | €2k | €2k | ▲ 6.0% |
| Profit (loss) for the period before taxes9903 | €-11k | €5k | €30k | €11k | €13k | ▲ 17.1% |
| Income taxes67/77 | €54 | €0 | €2k | €3k | €5k | ▲ 60.5% |
| Profit (loss) for the period9904 | €-11k | €5k | €28k | €8k | €8k | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €-11k | €5k | €28k | €8k | €8k | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22k | €33k | €39k | €70k | €80k | ▲ 14.8% |
| Fixed assets21/28 | €7k | €6k | €5k | €32k | €26k | ▼ 19.1% |
| Tangible fixed assets22/27 | €7k | €6k | €5k | €32k | €26k | ▼ 19.1% |
| Plant, machinery and equipment23 | €6k | €4k | €4k | €3k | €2k | ▼ 24.2% |
| Furniture and vehicles24 | €1k | €1k | €2k | €29k | €24k | ▼ 18.6% |
| Current assets29/58 | €15k | €28k | €33k | €38k | €54k | ▲ 43.7% |
| Stocks and contracts in progress3 | €2k | €3k | €3k | €2k | €1k | ▼ 26.7% |
| Stocks30/36 | €2k | €3k | €3k | €2k | €1k | ▼ 26.7% |
| Amounts receivable within one year40/41 | €9k | €22k | €30k | €29k | €37k | ▲ 27.0% |
| Trade receivables40 | €7k | €21k | €22k | €2k | €2k | ▼ 19.0% |
| Other amounts receivable41 | €1k | €1k | €8k | €27k | €35k | ▲ 30.6% |
| Cash at bank and in hand54/58 | €1k | €1k | €0 | €5k | €14k | ▲ 176% |
| Deferred charges and accrued income490/1 | €3k | €1k | €428 | €2k | €2k | ▲ 11.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22k | €33k | €39k | €70k | €80k | ▲ 14.8% |
| Equity10/15 | €-11k | €-6k | €23k | €31k | €39k | ▲ 27.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €10k | €33k | ▲ 228% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | - | - | €10k | €33k | ▲ 228% |
| Profit (loss) carried forward14 | €-19k | €-14k | €15k | €15k | €0 | ▼ 100% |
| Amounts payable17/49 | €32k | €39k | €16k | €39k | €41k | ▲ 5.0% |
| Amounts payable after more than one year17 | - | - | - | €22k | €16k | ▼ 26.9% |
| Financial debts170/4 | - | - | - | €22k | €16k | ▼ 26.9% |
| Amounts payable within one year42/48 | €32k | €37k | €15k | €11k | €17k | ▲ 51.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | €6k | ▲ 4.9% |
| Financial debts43 | €0 | €702 | €2k | €0 | - | - |
| Credit institutions430/8 | €0 | €702 | €2k | €0 | - | - |
| Trade debts44 | €10k | €22k | €4k | €2k | €426 | ▼ 79.3% |
| Suppliers440/4 | €10k | €22k | €4k | €2k | €426 | ▼ 79.3% |
| Advances received on contracts in progress46 | €9k | €9k | €0 | - | - | - |
| Taxes, remuneration and social security45 | €514 | €2k | €5k | €3k | €10k | ▲ 215% |
| Taxes450/3 | €234 | €2k | €5k | €3k | €7k | ▲ 123% |
| Remuneration and social security454/9 | €280 | €0 | - | - | €3k | - |
| Other amounts payable47/48 | €13k | €3k | €4k | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €2k | €650 | €5k | €8k | ▲ 44.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-11k | €5k | €28k | €8k | €8k | ▲ 2.0% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €5k | €8k | ▲ 64.0% |
| Operating cash flow (approximation) | €-8k | €7k | €30k | €13k | €16k | ▲ 25.0% |
| Investment in fixed assets (approximation) | - | €-1k | €-1k | €-32k | €-2k | ▲ 94.3% |
| Change in cash | - | €46 | €-1k | €5k | €9k | ▲ 76.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €28k ▲455%
Operating result €30k, net result €28k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.18
Current ratio from 0.75 to 2.18; short-term debt falls from €37k to €15k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €74
Net result €74 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 1.23
Current ratio from 0.37 to 1.23; short-term debt falls from €52k to €30k.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Grimbergen · 1 establishment unit since 2012
Ground area
117 m²
Building footprint
88 m²
Volume, LiDAR
1,136 m³
Parcel 23084A0178/03H000, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SKIPI
since 20122.209.658.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0178/03H000 | Flanders | 117 m² | 1 · 88 m² | 15.0 m · 4 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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Of 4,094 companies in sector 43240 we hold annual accounts for 1,633. 1,299 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.