SKL
ActiveSummary
SKL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157,674 and a net result of €21,205. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+8
Solvency100▲+1
Growth67▲+20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 20.08 against 16.35 in 2023; short-term debt: 4.2% and cash: 70.7% of total assets), and 20.3% of the assets are financed with debt.
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Signals
Three 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
82 d late
2022
115 d late
2021
20 d late
2020
32 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€209,112▲ 22.9%
2023 · €170,110
EBIT margin
13.3%▲ 4.7pp
2023 · 8.6%
Net result
€21,205▲ 123%
2023 · €9,496
Working capital
€157,109▲ 18.3%
2023 · €132,793
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€139,122▼ 15.3%€177,521▲ 27.6%€152,716▼ 14.0%€170,110▲ 11.4%€209,112▲ 22.9%
Operating result€21,416▲ 117%€10,865▼ 49.3%€14,029▲ 29.1%€14,697▲ 4.8%€27,896▲ 89.8%
Net result€14,275within the sector's middle half▲ 93.7%€9,867within the sector's middle half▼ 30.9%€8,442within the sector's middle half▼ 14.4%€9,496within the sector's middle half▲ 12.5%€21,205within the sector's middle half▲ 123%
EBIT margin15.4%▲ 9.4pp6.1%▼ 9.3pp9.2%▲ 3.1pp8.6%▼ 0.5pp13.3%▲ 4.7pp
Equity€107,052within the sector's middle half▲ 15.4%€116,918within the sector's middle half▲ 9.2%€125,361within the sector's middle half▲ 7.2%€136,469above the sector's middle half▲ 8.9%€157,674above the sector's middle half▲ 15.5%
Total assets€140,323below the sector's middle half▲ 11.0%€132,145below the sector's middle half▼ 5.8%€131,451within the sector's middle half▼ 0.5%€184,944within the sector's middle half▲ 40.7%€197,801within the sector's middle half▲ 7.0%
Debt€33,271▼ 1.1%€15,227▼ 54.2%€6,090▼ 60.0%€48,475▲ 696%€40,127▼ 17.2%
Working capital€108,166within the sector's middle half▲ 14.4%€109,847within the sector's middle half▲ 1.6%€121,996above the sector's middle half▲ 11.1%€132,793above the sector's middle half▲ 8.9%€157,109above the sector's middle half▲ 18.3%
Solvency76.3%above the sector's middle half▲ 2.9pp88.5%above the sector's middle half▲ 12.2pp95.4%above the sector's middle half▲ 6.9pp73.8%above the sector's middle half▼ 21.6pp79.7%above the sector's middle half▲ 5.9pp
Current ratio6.36above the sector's middle half▼ 0.4917.54above the sector's middle half▲ 11.1858.14above the sector's middle half▲ 40.6116.35above the sector's middle half▼ 41.7920.08above the sector's middle half▲ 3.73
Return on assets (ROA)10.2%within the sector's middle half▲ 4.3pp7.5%within the sector's middle half▼ 2.7pp6.4%within the sector's middle half▼ 1.0pp5.1%within the sector's middle half▼ 1.3pp10.7%within the sector's middle half▲ 5.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 90% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197,801
Fixed assets
€32,457 ▼ 25.4%
Current assets
€165,344 ▲ 16.9%
Equity and liabilities €197,801
Equity
€157,674 ▲ 15.5%
Debt
€40,127 ▼ 17.2%
Debt's share of the balance-sheet total falls from 26.2% to 20.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38,938▲
2023 · €26,656
Cash flow
€32,247▲
2023 · €21,455
Debt to equity
0.25▼
2023 · 0.36
ROE
13.4%▲
2023 · 7.0%
Interest coverage
17.18▲
2023 · 16.01
Debt ≤ 1 year
€8,235▼
2023 · €8,653
Debt > 1 year
€31,892▼
2023 · €39,822
Income taxes
€4,424▲
2023 · €3,536
Staff costs
€4,021
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 31,371 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €139,122 | €177,521 | €152,716 | €170,110 | €209,112 | ▲ 22.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €156,787 | €129,007 | €141,225 | €164,732 | ▲ 16.6% |
| Remuneration, social security and pensions62 | - | - | - | - | €4,021 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,740 | €8,315 | €8,335 | €11,959 | €11,042 | ▼ 7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €15 | €6 | €270 | - | - |
| Other operating charges640/8 | - | €1,539 | €1,339 | €1,959 | €1,421 | ▼ 27.5% |
| Gross operating margin9900 | €27,837 | €20,734 | €23,709 | €28,885 | €44,380 | ▲ 53.6% |
| Operating profit (loss)9901 | €21,416 | €10,865 | €14,029 | €14,697 | €27,896 | ▲ 89.8% |
| Financial income75/76B | - | €1 | €13 | - | - | - |
| Recurring financial income75 | €4 | €1 | €13 | - | - | - |
| Financial charges65/66B | - | €999 | €905 | €1,665 | €2,267 | ▲ 36.2% |
| Recurring financial charges65 | €969 | €999 | €905 | €1,665 | €2,267 | ▲ 36.2% |
| Profit (loss) for the period before taxes9903 | €20,451 | €9,867 | €13,137 | €13,032 | €25,629 | ▲ 96.7% |
| Income taxes67/77 | €6,176 | - | €4,695 | €3,536 | €4,424 | ▲ 25.1% |
| Profit (loss) for the period9904 | €14,275 | €9,867 | €8,442 | €9,496 | €21,205 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €14,275 | €9,867 | €8,442 | €9,496 | €21,205 | ▲ 123% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,323 | €132,145 | €131,451 | €184,944 | €197,801 | ▲ 7.0% |
| Fixed assets21/28 | €11,975 | €15,655 | €7,320 | €43,498 | €32,457 | ▼ 25.4% |
| Tangible fixed assets22/27 | €11,975 | €15,655 | €7,320 | €43,498 | €32,457 | ▼ 25.4% |
| Furniture and vehicles24 | - | €15,655 | €7,320 | €43,498 | €32,457 | ▼ 25.4% |
| Current assets29/58 | €128,348 | €116,490 | €124,131 | €141,446 | €165,344 | ▲ 16.9% |
| Amounts receivable within one year40/41 | €17,609 | €14,318 | €2,557 | €21,569 | €25,583 | ▲ 18.6% |
| Trade receivables40 | - | €14,317 | €1,897 | €11,909 | €17,201 | ▲ 44.4% |
| Other amounts receivable41 | - | €1 | €660 | €9,660 | €8,382 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €110,739 | €102,172 | €121,574 | €119,877 | €139,761 | ▲ 16.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,323 | €132,145 | €131,451 | €184,944 | €197,801 | ▲ 7.0% |
| Equity10/15 | €107,052 | €116,918 | €125,361 | €136,469 | €157,674 | ▲ 15.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | - | €18,600 | - | - |
| Issued capital100 | - | €18,600 | - | €18,600 | - | - |
| Profit (loss) carried forward14 | €88,452 | €98,318 | €106,761 | €117,869 | €139,074 | ▲ 18.0% |
| Amounts payable17/49 | €33,271 | €15,227 | €6,090 | €48,475 | €40,127 | ▼ 17.2% |
| Amounts payable after more than one year17 | €13,089 | €8,584 | €3,955 | €39,822 | €31,892 | ▼ 19.9% |
| Financial debts170/4 | - | €8,584 | €3,955 | €39,822 | €31,892 | ▼ 19.9% |
| Amounts payable within one year42/48 | €20,182 | €6,643 | €2,135 | €8,653 | €8,235 | ▼ 4.8% |
| Trade debts44 | €5,848 | €1,580 | €1,762 | €8,653 | €7,791 | ▼ 10.0% |
| Suppliers440/4 | - | €1,210 | €1,262 | €8,653 | €7,791 | ▼ 10.0% |
| Bills of exchange payable441 | - | €370 | €500 | - | - | - |
| Advances received on contracts in progress46 | - | €4,722 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €341 | - | - | - | - |
| Taxes450/3 | - | €341 | - | - | - | - |
| Other amounts payable47/48 | - | - | €373 | - | €444 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,275 | €9,867 | €8,442 | €9,496 | €21,205 | ▲ 123% |
| + Depreciation and write-downs630 | €5,740 | €8,315 | €8,335 | €11,959 | €11,042 | ▼ 7.7% |
| Operating cash flow (approximation) | €20,015 | €18,182 | €16,777 | €21,455 | €32,247 | ▲ 50.3% |
| Investment in fixed assets (approximation) | - | -€11,995 | €0 | -€48,137 | -€1 | ▲ 100.0% |
| Change in cash | - | -€8,567 | €19,402 | -€1,697 | €19,884 | ▲ 1,272% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €21,205 ▲123%
Operating result €27,896, net result €21,205, both a record.
31-12
Financial
Equity above €150,000Eq €157,674 ▲15.5%
7 profitable years in a row build equity to €157,674.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 115 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 58.14
Current ratio from 17.54 to 58.14; short-term debt falls from €6,643 to €2,135.
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 20 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 17.54
Current ratio from 6.36 to 17.54; short-term debt falls from €20,182 to €6,643.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 32 days late
2020
31-12
Financial
Equity above €100,000Eq €107,052 ▲15.4%
3 profitable years in a row build equity to €107,052.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
31-12
Financial
Weakest financial yearnet €7,371 ▼29.6%
Net result drops to €7,371, the lowest in the series; recovery starts the following year.
Show earlier events
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 42 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Vilvoorde · 1 establishment unit since 2003
Ground area
151 m²
Building footprint
85 m²
Volume, LiDAR
625 m³
Parcel 23642D0906/00C002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SKL SPRL
since 20032.134.195.879
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0906/00C002 | Flanders | 151 m² | 1 · 84 m² | 10.8 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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Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 4,897 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
Founded07-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478138635
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.