SKUL
ActiveThe computed 12-month bankruptcy probability of SKUL is 1.6% (moderate). The 2025 annual accounts show equity of €41k and a net result of €5k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 31% of 2041 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-12
Solvency54▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.11 in 2024; short-term debt: 68.8% and cash: 22.7% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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
29.2%
Return on assets
3.7%
Age of the figures
9 mo
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
16 d early
2023
35 d early
2022
40 d early
2021
5 d late
2020
12 d late
2019
21 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 82.2%
2024 · €29k
2018: €-879
2019: €936
2020: €6k
2021: €3k
2022: €-22k
2023: €-4k
2024: €29k
2018 → 2025
Working capital
€25k▲ 30.8%
2024 · €19k
2018: €9k
2019: €18k
2020: €20k
2021: €18k
2022: €4k
2023: €-13k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€11k▼ 67.4%€7k▼ 35.9%€36k▲ 418%€41k▲ 14.4%
Operating result€11k-€-21k€-2k▲ 92.6%€44k€10k▼ 77.6%
Net result€3k-€-22k€-4k▲ 82.7%€29k€5k▼ 82.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€18k▼ 31.9%
Current assets
€121k▼ 37.8%
Equity and liabilities €140k
Equity
€41k▲ 14.4%
Debt
€99k▼ 47.0%
The debt ratio falls from 83.9% to 70.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €56k
Cash flow
€17k▼
2024 · €42k
Solvency
29.2%▲
2024 · 16.1%
Current ratio
1.26▲
2024 · 1.11
Quick ratio
1.26▲
2024 · 1.11
Debt / equity
2.42▼
2024 · 5.22
ROE
12.6%▼
2024 · 80.7%
ROA
3.7%▼
2024 · 13.0%
Interest coverage
14.60▼
2024 · 29.97
Debt
€99k▼
2024 · €186k
Debt ≤ 1 year
€96k▼
2024 · €176k
Debt > 1 year
€3k▼
2024 · €11k
Income taxes
€4k▼
2024 · €14k
Staff costs
€46k▲
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€222k€140k▼
Fixed assets21/28€27k€18k▼
Tangible fixed assets22/27€27k€18k▼
Furniture and vehicles24€27k€18k▼
Financial fixed assets28€207€207=
Current assets29/58€195k€121k▼
Amounts receivable within one year40/41€92k€86k▼
Trade receivables40€82k€75k▼
Other amounts receivable41€11k€10k▼
Cash at bank and in hand54/58€77k€32k▼
Deferred charges and accrued income490/1€25k€4k▼
Equity and liabilities
Total equity and liabilities10/49€222k€140k▼
Equity10/15€36k€41k▲
Contributions10/11€12k€12k=
Reserves13€23k€23k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14-€5k
Amounts payable17/49€186k€99k▼
Amounts payable after more than one year17€11k€3k▼
Financial debts170/4€11k€3k▼
Amounts payable within one year42/48€176k€96k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€132k€84k▼
Suppliers440/4€132k€84k▼
Taxes, remuneration and social security45€16k€4k▼
Taxes450/3€14k€4k▼
Remuneration and social security454/9€3k€7▼
Other amounts payable47/48€20k€438▼
Income statement
Code20242025
Non-recurring operating income76A€5k€2k▼
Remuneration, social security and pensions62€45k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€683
Gross operating margin9900€104k€70k▼
Operating profit (loss)9901€44k€10k▼
Financial income75/76B€1k€899▼
Recurring financial income75€1k€899▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€43k€9k▼
Income taxes67/77€14k€4k▼
Profit (loss) for the period9904€29k€5k▼
Profit (loss) for the period to be appropriated9905€29k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€5k▼
Profit (loss) brought forward from the previous period14P€-7k-
Transfer to equity691/2€21k-
To other reserves6921€21k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-22k ▼756%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial
Back to profitnet €936
Net result €936 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jan Palfynlaan 561020 BrusselGround area
153 m²
Building footprint
78 m²
Volume, LiDAR
1,166 m³
Parcel 21816G0089/00L003, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Jan Palfynlaan 56, 1020 Brussel
since 20132.218.888.856
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816G0089/00L003 | Brussels | 153 m² | 1 · 78 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DB CHAPE
BE 0867.867.710
Tongeren-Borgloon · Eq €41k
ELASTOP BVBA
BE 0453.944.261
Gent · Eq €41k
VERMEERSCH BERNARD
BE 0836.207.801
Ardooie · Eq €41k
NOBEL GROUP
BE 0737.466.254
Seneffe · Eq €41k
SCISCA
BE 1000.223.913
Assesse · Eq €41k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,949 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.