Skov
ActiveSummary
The computed 12-month bankruptcy probability of Skov is 1.6% (moderate). The 2025 annual accounts show equity of €2.7m and a net result of -€21,070. Equity is shrinking by ~3.8% per year across the filed fiscal years. The company has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+4
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 42.17 against 45.2 in 2024; short-term debt: 0.1% and cash: 5.8% of total assets), and 0.6% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
99.4%
Return on assets
-0.8%
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 €2.7m
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
49 d late
2024
47 d early
2023
37 d early
2022
47 d early
2021
39 d early
2020
36 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days before 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 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2.7m▲ 379%
2024 · €553,022
Total assets
€2.7m▲ 368%
2024 · €569,298
Net result
-€21,070▲ 11.5%
2024 · -€23,812
Working capital
€161,966▼ 4.0%
2024 · €168,726
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-€32,500▼ 13.9%-€21,414▲ 34.1%-€24,799▼ 15.8%-€24,917▼ 0.5%-€22,074▲ 11.4%
Net result-€31,357▼ 14.0%-€20,229▲ 35.5%-€23,688▼ 17.1%-€23,812▼ 0.5%-€21,070▲ 11.5%
Equity€620,751▼ 4.8%€600,522▼ 3.3%€576,834▼ 3.9%€553,022▼ 4.1%€2.7m▲ 379%
Total assets€639,282▼ 5.1%€618,276▼ 3.3%€594,561▼ 3.8%€569,298▼ 4.2%€2.7m▲ 368%
Debt€1,850▼ 50.7%€2,480▲ 34.1%€3,861▲ 55.7%€3,817▼ 1.1%€3,934▲ 3.1%
Working capital€179,375▼ 0.1%€172,895▼ 3.6%€170,679▼ 1.3%€168,726▼ 1.1%€161,966▼ 4.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22,074 in 2025 against €24,917 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€2.5m ▲ 530%
Current assets
€165,899 ▼ 3.9%
Equity and liabilities €2.7m
Equity
€2.7m ▲ 379%
Provisions
€11,052 ▼ 11.3%
Debt
€3,934 ▲ 3.1%
Debt's share of the balance-sheet total falls from 0.7% to 0.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€2,356▼
2024 · -€1,651
Cash flow
-€1,352▼
2024 · -€546
Current ratio
42.17▼
2024 · 45.20
Debt to equity
0.00▼
2024 · 0.01
ROE
-0.8%▲
2024 · -4.3%
ROA
-0.8%▲
2024 · -4.2%
Interest coverage
-5.85▼
2024 · -5.48
Debt ≤ 1 year
€3,934▲
2024 · €3,817
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,338 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% | 1.9% |
| 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 8,611 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,566 | €22,880 | €22,880 | €23,266 | €19,718 | ▼ 15.2% |
| Other operating charges640/8 | €3,468 | €3,376 | €3,627 | €3,737 | €3,849 | ▲ 3.0% |
| Gross operating margin9900 | €3,534 | €4,842 | €1,708 | €2,086 | €1,493 | ▼ 28.4% |
| Operating profit (loss)9901 | -€32,500 | -€21,414 | -€24,799 | -€24,917 | -€22,074 | ▲ 11.4% |
| Financial charges65/66B | €265 | €222 | €297 | €302 | €403 | ▲ 33.7% |
| Recurring financial charges65 | €265 | €222 | €297 | €302 | €403 | ▲ 33.7% |
| Profit (loss) for the period before taxes9903 | -€32,765 | -€21,636 | -€25,096 | -€25,219 | -€22,477 | ▲ 10.9% |
| Transfer from deferred taxes780 | €1,407 | €1,407 | €1,407 | €1,407 | €1,407 | = |
| Profit (loss) for the period9904 | -€31,357 | -€20,229 | -€23,688 | -€23,812 | -€21,070 | ▲ 11.5% |
| Transfer from tax-exempt reserves789 | €4,222 | €4,222 | €4,222 | €4,222 | €4,222 | = |
| Profit (loss) for the period to be appropriated9905 | -€27,136 | -€16,007 | -€19,467 | -€19,590 | -€16,848 | ▲ 14.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €639,282 | €618,276 | €594,561 | €569,298 | €2.7m | ▲ 368% |
| Fixed assets21/28 | €458,057 | €442,901 | €420,021 | €396,755 | €2.5m | ▲ 530% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €458,057 | €442,901 | €420,021 | €396,755 | €2.5m | ▲ 530% |
| Land and buildings22 | €458,057 | €442,901 | €420,021 | €396,755 | €2.5m | ▲ 530% |
| Current assets29/58 | €181,225 | €175,375 | €174,540 | €172,543 | €165,899 | ▼ 3.9% |
| Cash at bank and in hand54/58 | €169,225 | €151,375 | €162,368 | €172,365 | €153,721 | ▼ 10.8% |
| Deferred charges and accrued income490/1 | €12,000 | €24,000 | €12,172 | €178 | €12,179 | ▲ 6,734% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €639,282 | €618,276 | €594,561 | €569,298 | €2.7m | ▲ 368% |
| Equity10/15 | €620,751 | €600,522 | €576,834 | €553,022 | €2.7m | ▲ 379% |
| Contributions10/11 | €171,393 | €171,393 | €171,393 | €171,393 | €171,393 | = |
| Revaluation surpluses12 | - | - | - | - | €2.1m | - |
| Reserves13 | €448,778 | €394,557 | €390,335 | €336,113 | €331,892 | ▼ 1.3% |
| Non-distributable reserves130/1 | €17,139 | €17,139 | €17,139 | - | - | - |
| Reserves not available under the articles1311 | €17,139 | €17,139 | €17,139 | - | - | - |
| Tax-exempt reserves132 | €323,785 | €319,563 | €315,342 | €311,120 | €306,898 | ▼ 1.4% |
| Distributable reserves133 | €107,854 | €57,854 | €57,854 | €24,993 | €24,993 | = |
| Profit (loss) carried forward14 | €580 | €34,572 | €15,105 | €45,515 | €28,667 | ▼ 37.0% |
| Provisions and deferred taxes16 | €16,681 | €15,274 | €13,866 | €12,459 | €11,052 | ▼ 11.3% |
| Deferred taxes168 | €16,681 | €15,274 | €13,866 | €12,459 | €11,052 | ▼ 11.3% |
| Amounts payable17/49 | €1,850 | €2,480 | €3,861 | €3,817 | €3,934 | ▲ 3.1% |
| Amounts payable within one year42/48 | €1,850 | €2,480 | €3,861 | €3,817 | €3,934 | ▲ 3.1% |
| Trade debts44 | €1,850 | €2,480 | €3,861 | €3,817 | €3,934 | ▲ 3.1% |
| Suppliers440/4 | €1,850 | €2,480 | €3,861 | €3,817 | €3,934 | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,357 | -€20,229 | -€23,688 | -€23,812 | -€21,070 | ▲ 11.5% |
| + Depreciation and write-downs630 | €32,566 | €22,880 | €22,880 | €23,266 | €19,718 | ▼ 15.2% |
| Operating cash flow (approximation) | €1,208 | €2,651 | -€809 | -€546 | -€1,352 | ▼ 148% |
| Investment in fixed assets (approximation) | - | -€7,724 | €0 | €0 | -€2.1m | - |
| Change in cash | - | -€17,850 | €10,994 | €9,996 | -€18,644 | ▼ 287% |
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
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
31-12
Financial
Equity above €2mEq €2.7m ▲379%
Equity rises from €553,022 to €2.7m.
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 97.96
Current ratio from 48.89 to 97.96; short-term debt falls from €3,750 to €1,850.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
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 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, Ukkel · 3 establishment units since 1967
Ground area
11.9 ha
Building footprint
5.4 ha
Volume, LiDAR
412,689 m³
4 parcels, Brussels, Flanders, Wallonia · tallest building 22.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
Otletstraat 44, 1070 Anderlecht
since 19672.111.646.646
SIK'S
since 19932.111.647.339
SIK'S
since 19952.111.647.537
4 parcels
Flanders
1
(25%)
Wallonia
1
(25%)
Brussels
2
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0923/00B002 | Wallonia | 6.3 ha | 1 · 3.8 ha | 22.7 m · 3 fl. |
| 34352B0962/00W000 | Flanders | 4.9 ha | 1 · 1.5 ha | - |
| 21612C0214/00M004 | Brussels | 5,661 m² | 1 · 435 m² | 12.7 m · 3 fl. |
| 21305B0213/00H015 | Brussels | 1,198 m² | 1 · 287 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-05-1967
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0402706287
Registered
19-12-2025
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.