SKOR
ActiveSummary
SKOR has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €189,031 and a net result of €38,884. Equity is growing by ~55.9% per year across the filed fiscal years. Its solvency ranks better than 31% of 36380 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-3
Solvency55▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.85 in 2023; short-term debt: 30% and cash: 6.1% of total assets), and 70.1% of the assets are financed with debt.
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Signals
Three 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
43 d early
2022
5 d early
2021
27 d early
2020
45 d late
2019
81 d early
← 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 26 days before 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
Equity
€189,031▲ 23.5%
2023 · €153,032
Total assets
€631,678▲ 17.8%
2023 · €536,056
Net result
€38,884▼ 9.1%
2023 · €42,795
Working capital
-€6,555
2023 · €73,379
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
Operating result€6,123€53,021▲ 766%€69,878▲ 31.8%€68,173▼ 2.4%€64,713▼ 5.1%
Net result€5,123within the sector's middle half€39,922above the sector's middle half▲ 679%€50,757above the sector's middle half▲ 27.1%€42,795above the sector's middle half▼ 15.7%€38,884above the sector's middle half▼ 9.1%
Equity€21,793within the sector's middle half▲ 30.7%€61,715within the sector's middle half▲ 183%€112,472within the sector's middle half▲ 82.2%€153,032above the sector's middle half▲ 36.1%€189,031above the sector's middle half▲ 23.5%
Total assets€66,194below the sector's middle half▼ 46.8%€119,903within the sector's middle half▲ 81.1%€455,648above the sector's middle half▲ 280%€536,056above the sector's middle half▲ 17.6%€631,678above the sector's middle half▲ 17.8%
Debt€44,401▼ 58.8%€58,189▲ 31.1%€343,176▲ 490%€383,024▲ 11.6%€442,647▲ 15.6%
Working capital-€2,247▲ 88.1%€28,615-€6,357€73,379-€6,555
Solvency32.9%within the sector's middle half▲ 19.5pp51.5%within the sector's middle half▲ 18.5pp24.7%within the sector's middle half▼ 26.8pp28.5%within the sector's middle half▲ 3.9pp29.9%within the sector's middle half▲ 1.4pp
Staff (FTE)0.31▲ 233%1=1.5▲ 50.0%
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €631,678
Fixed assets
€448,471 ▲ 19.3%
Current assets
€183,207 ▲ 14.4%
Equity and liabilities €631,678
Equity
€189,031 ▲ 23.5%
Debt
€442,647 ▲ 15.6%
Debt's share of the balance-sheet total falls from 71.5% to 70.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€108,919▼
2023 · €114,627
Cash flow
€83,090▼
2023 · €89,249
Current ratio
0.97▼
2023 · 1.85
Quick ratio
0.50▼
2023 · 1.48
Debt to equity
2.34▼
2023 · 2.50
ROE
20.6%▼
2023 · 28.0%
ROA
6.2%▼
2023 · 8.0%
Interest coverage
9.16▼
2023 · 12.21
Debt ≤ 1 year
€189,762▲
2023 · €86,783
Debt > 1 year
€251,703▼
2023 · €269,516
Income taxes
€14,716▼
2023 · €16,628
Staff costs
€68,157▲
2023 · €50,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 5,049 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,944 | - | - | - |
| Remuneration, social security and pensions62 | - | €22,730 | €46,521 | €50,996 | €68,157 | ▲ 33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,750 | €24,500 | €33,203 | €46,454 | €44,207 | ▼ 4.8% |
| Other operating charges640/8 | - | €1,082 | €9,392 | €4,262 | €4,825 | ▲ 13.2% |
| Non-recurring operating charges66A | - | - | - | - | €2,583 | - |
| Gross operating margin9900 | €31,760 | €101,333 | €158,993 | €169,885 | €184,484 | ▲ 8.6% |
| Operating profit (loss)9901 | €6,123 | €53,021 | €69,878 | €68,173 | €64,713 | ▼ 5.1% |
| Financial income75/76B | - | €1,139 | €1,080 | €637 | €776 | ▲ 21.8% |
| Recurring financial income75 | €1,161 | €1,139 | €1,080 | €637 | €776 | ▲ 21.8% |
| Financial charges65/66B | - | €1,999 | €3,732 | €9,387 | €11,889 | ▲ 26.7% |
| Recurring financial charges65 | €2,161 | €1,999 | €3,732 | €9,387 | €11,889 | ▲ 26.7% |
| Profit (loss) for the period before taxes9903 | €5,123 | €52,161 | €67,226 | €59,423 | €53,599 | ▼ 9.8% |
| Income taxes67/77 | €0 | €12,239 | €16,469 | €16,628 | €14,716 | ▼ 11.5% |
| Profit (loss) for the period9904 | €5,123 | €39,922 | €50,757 | €42,795 | €38,884 | ▼ 9.1% |
| Profit (loss) for the period to be appropriated9905 | €5,123 | €39,922 | €50,757 | €42,795 | €38,884 | ▼ 9.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66,194 | €119,903 | €455,648 | €536,056 | €631,678 | ▲ 17.8% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €49,525 | €56,956 | €370,957 | €375,894 | €448,471 | ▲ 19.3% |
| Intangible fixed assets21 | €200 | - | - | - | - | - |
| Tangible fixed assets22/27 | €49,325 | €56,593 | €370,594 | €375,531 | €448,108 | ▲ 19.3% |
| Land and buildings22 | - | - | €278,842 | €301,801 | €308,954 | ▲ 2.4% |
| Plant, machinery and equipment23 | - | €4,091 | €11,229 | €24,117 | €26,283 | ▲ 9.0% |
| Furniture and vehicles24 | - | €35,133 | €35,311 | €21,262 | €72,045 | ▲ 239% |
| Leasing and similar rights25 | - | €17,369 | €45,213 | €28,350 | €40,825 | ▲ 44.0% |
| Financial fixed assets28 | - | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €16,669 | €62,947 | €84,691 | €160,162 | €183,207 | ▲ 14.4% |
| Stocks and contracts in progress3 | €0 | €16,154 | €20,962 | €31,616 | €88,269 | ▲ 179% |
| Stocks30/36 | - | €16,154 | €20,962 | €31,616 | €88,269 | ▲ 179% |
| Amounts receivable within one year40/41 | €3,486 | €12,600 | €31,313 | €41,419 | €50,392 | ▲ 21.7% |
| Trade receivables40 | - | €10,974 | €28,986 | €38,188 | €43,785 | ▲ 14.7% |
| Other amounts receivable41 | - | €1,626 | €2,327 | €3,231 | €6,607 | ▲ 104% |
| Cash at bank and in hand54/58 | €10,951 | €32,820 | €30,363 | €58,052 | €38,337 | ▼ 34.0% |
| Deferred charges and accrued income490/1 | - | €1,372 | €2,054 | €29,075 | €6,209 | ▼ 78.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66,194 | €119,903 | €455,648 | €536,056 | €631,678 | ▲ 17.8% |
| Equity10/15 | €21,793 | €61,715 | €112,472 | €153,032 | €189,031 | ▲ 23.5% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €6,975 | €26,975 | €51,975 | €92,240 | €127,855 | ▲ 38.6% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | - | €25,120 | €50,120 | €90,385 | €126,000 | ▲ 39.4% |
| Profit (loss) carried forward14 | €2,418 | €22,340 | €48,097 | €48,392 | €48,776 | ▲ 0.8% |
| Amounts payable17/49 | €44,401 | €58,189 | €343,176 | €383,024 | €442,647 | ▲ 15.6% |
| Amounts payable after more than one year17 | €25,485 | €23,857 | €252,090 | €269,516 | €251,703 | ▼ 6.6% |
| Financial debts170/4 | - | €23,857 | €252,090 | €269,516 | €251,703 | ▼ 6.6% |
| Amounts payable within one year42/48 | €18,915 | €34,332 | €91,048 | €86,783 | €189,762 | ▲ 119% |
| Current portion of amounts payable after more than one year42 | - | €14,443 | €42,949 | €41,996 | €57,370 | ▲ 36.6% |
| Trade debts44 | €0 | €1,176 | €18,153 | €9,026 | €32,260 | ▲ 257% |
| Suppliers440/4 | - | €1,176 | €18,153 | €9,026 | €32,260 | ▲ 257% |
| Taxes, remuneration and social security45 | - | €15,118 | €27,901 | €32,478 | €22,184 | ▼ 31.7% |
| Taxes450/3 | - | €13,299 | €25,593 | €29,708 | €18,551 | ▼ 37.6% |
| Remuneration and social security454/9 | - | €1,819 | €2,309 | €2,770 | €3,633 | ▲ 31.1% |
| Other amounts payable47/48 | - | €3,594 | €2,044 | €3,282 | €77,948 | ▲ 2,275% |
| Accrued charges and deferred income492/3 | - | - | €38 | €26,725 | €1,181 | ▼ 95.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,123 | €39,922 | €50,757 | €42,795 | €38,884 | ▼ 9.1% |
| + Depreciation and write-downs630 | €24,750 | €24,500 | €33,203 | €46,454 | €44,207 | ▼ 4.8% |
| Operating cash flow (approximation) | €29,873 | €64,421 | €83,960 | €89,249 | €83,090 | ▼ 6.9% |
| Investment in fixed assets (approximation) | - | -€31,931 | -€347,204 | -€51,391 | -€116,783 | ▼ 127% |
| Change in cash | - | €21,870 | -€2,458 | €27,689 | -€19,714 | ▼ 171% |
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
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €153,032 ▲36.1%
4 profitable years in a row build equity to €153,032.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €50,757 ▲27.1%
Operating result €69,878, net result €50,757, both a record.
31-12
Financial
Equity above €100,000Eq €112,472 ▲82.2%
3 profitable years in a row build equity to €112,472.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.83
Current ratio from 0.88 to 1.83.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial
Back to profitnet €5,123
Net result €5,123 after one loss-making year.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€2,705
Net result drops to -€2,705, the lowest in the series; recovery starts the following year.
Show earlier events
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Arlon · 1 establishment unit since 2021
Ground area
3,411 m²
Building footprint
595 m²
Volume, LiDAR
3,881 m³
2 parcels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SKOR
since 20212.324.296.875
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81011C1112/00L000 | Wallonia | 2,293 m² | 1 · 283 m² | 6.7 m · 2 fl. |
| 81011C1107/00B000 | Wallonia | 1,118 m² | 1 · 313 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 4,847 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
Founded27-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
81220Other building cleaning and industrial cleaning
33110Repair and maintenance of fabricated metal products
82990Other business support services
Contact
E-mail
rossignonolivier@gmail.com
Phone
+32489429020
E-invoicing
Reachable via Peppol
Peppol ID
0208:0634633980
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.