SKUTNIK
ActiveSummary
SKUTNIK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,859 and a net result of €16,777. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Other specialised construction activities
NACE 43990NACE 43999
1 site
How big
€40,013total assets 2025
- Equity
- €17,859
- Profit
- €16,777
Who decides
Accounts 30 d early0 of 3 deeds read
Why 82- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Growing equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+39
Solvency70▲+42
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.51 against 0.69 in 2024; short-term debt: 49.3% and cash: 64% of total assets), but 55.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
44.6%
Return on assets
41.9%
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 €17,859
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
36 d early
2023
40 d early
2022
21 d early
2021
33 d early
2020
1 d early
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 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 (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 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €16,777
- Liquidity doublescurrent ratio 1.51
Financials
Fiscal year 2025Total assets €40,013Profit €16,777Solvency 44.6%Liquidity 1.51
Total assets
€40,013▲ 23.5%
2018 - 2025
Net result
€16,777
2018 - 2025
Equity
€17,859▲ 1,551%
2018 - 2025
Solvency
44.6%▲ 41.3pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,706-€16,151▼ 846%-€16,379▼ 1.4%-€3,348▲ 79.6%€17,204
Net result-€1,927below the sector's middle half-€16,193below the sector's middle half▼ 740%-€16,896below the sector's middle half▼ 4.3%-€2,087below the sector's middle half▲ 87.6%€16,777within the sector's middle half
Equity€36,257within the sector's middle half▼ 5.0%€20,064below the sector's middle half▼ 44.7%€3,168below the sector's middle half▼ 84.2%€1,081below the sector's middle half▼ 65.9%€17,859below the sector's middle half▲ 1,551%
Total assets€46,742below the sector's middle half▼ 8.9%€56,259below the sector's middle half▲ 20.4%€67,214within the sector's middle half▲ 19.5%€32,397below the sector's middle half▼ 51.8%€40,013below the sector's middle half▲ 23.5%
Debt€10,485▼ 20.0%€36,195▲ 245%€64,045▲ 76.9%€31,316▼ 51.1%€22,154▼ 29.3%
Working capital€33,968within the sector's middle half▲ 3.7%€12,383within the sector's middle half▼ 63.5%-€5,725below the sector's middle half-€7,051below the sector's middle half▼ 23.2%€9,973within the sector's middle half
Solvency77.6%above the sector's middle half▲ 3.1pp35.7%within the sector's middle half▼ 41.9pp4.7%below the sector's middle half▼ 30.9pp3.3%below the sector's middle half▼ 1.4pp44.6%within the sector's middle half▲ 41.3pp
Current ratio4.24above the sector's middle half▲ 0.741.75within the sector's middle half▼ 2.490.89below the sector's middle half▼ 0.860.69below the sector's middle half▼ 0.191.51within the sector's middle half▲ 0.81
Return on assets (ROA)-4.1%below the sector's middle half▼ 51.2pp-28.8%below the sector's middle half▼ 24.7pp-25.1%below the sector's middle half▲ 3.6pp-6.4%below the sector's middle half▲ 18.7pp41.9%above the sector's middle half▲ 48.4pp
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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17,204 after a loss of €3,348 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,013
Fixed assets
€10,318 ▼ 36.9%
Current assets
€29,694 ▲ 85.2%
Equity and liabilities €40,013
Equity
€17,859 ▲ 1,551%
Debt
€22,154 ▼ 29.3%
Debt's share of the balance-sheet total falls from 96.7% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€24,345▲
2024 · €3,704
Cash flow
€23,918▲
2024 · €4,965
Debt to equity
1.24▼
2024 · 28.96
ROE
93.9%▲
2024 · -192.9%
Interest coverage
57.04▲
2024 · 9.81
Debt ≤ 1 year
€19,721▼
2024 · €23,088
Debt > 1 year
€2,433▼
2024 · €8,228
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,341 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 34,696 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,682 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,625 | €4,033 | €6,907 | €7,052 | €7,141 | ▲ 1.3% |
| Other operating charges640/8 | €1,295 | €604 | €666 | €813 | €881 | ▲ 8.4% |
| Gross operating margin9900 | €4,213 | -€11,514 | -€8,807 | €4,517 | €25,226 | ▲ 458% |
| Operating profit (loss)9901 | -€1,706 | -€16,151 | -€16,379 | -€3,348 | €17,204 | ▲ 614% |
| Financial income75/76B | €1 | €402 | €0 | €1,638 | €0 | ▼ 100.0% |
| Recurring financial income75 | €1 | €402 | €0 | €1,638 | €0 | ▼ 100.0% |
| Financial charges65/66B | €215 | €444 | €517 | €377 | €427 | ▲ 13.1% |
| Recurring financial charges65 | €215 | €444 | €517 | €377 | €427 | ▲ 13.1% |
| Profit (loss) for the period before taxes9903 | -€1,921 | -€16,193 | -€16,896 | -€2,087 | €16,777 | ▲ 904% |
| Income taxes67/77 | €6 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€1,927 | -€16,193 | -€16,896 | -€2,087 | €16,777 | ▲ 904% |
| Profit (loss) for the period to be appropriated9905 | -€1,927 | -€16,193 | -€16,896 | -€2,087 | €16,777 | ▲ 904% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,742 | €56,259 | €67,214 | €32,397 | €40,013 | ▲ 23.5% |
| Fixed assets21/28 | €2,289 | €27,317 | €22,855 | €16,361 | €10,318 | ▼ 36.9% |
| Tangible fixed assets22/27 | €2,289 | €27,317 | €22,855 | €16,076 | €10,033 | ▼ 37.6% |
| Furniture and vehicles24 | €2,289 | €27,317 | €22,855 | €16,076 | €10,033 | ▼ 37.6% |
| Financial fixed assets28 | - | - | - | €285 | €285 | = |
| Current assets29/58 | €44,453 | €28,942 | €44,358 | €16,037 | €29,694 | ▲ 85.2% |
| Amounts receivable within one year40/41 | €17,840 | €18,981 | €39,619 | €7,770 | €3,839 | ▼ 50.6% |
| Trade receivables40 | €10,860 | €10,860 | €39,282 | €7,770 | €373 | ▼ 95.2% |
| Other amounts receivable41 | €6,980 | €8,121 | €337 | - | €3,466 | - |
| Cash at bank and in hand54/58 | €26,236 | €9,667 | €4,430 | €7,935 | €25,614 | ▲ 223% |
| Deferred charges and accrued income490/1 | €376 | €294 | €308 | €331 | €241 | ▼ 27.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,742 | €56,259 | €67,214 | €32,397 | €40,013 | ▲ 23.5% |
| Equity10/15 | €36,257 | €20,064 | €3,168 | €1,081 | €17,859 | ▲ 1,551% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | €620 | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | €620 | €620 | €620 | €620 | €620 | = |
| Profit (loss) carried forward14 | €29,437 | €13,244 | -€3,652 | -€5,739 | €11,039 | ▲ 292% |
| Amounts payable17/49 | €10,485 | €36,195 | €64,045 | €31,316 | €22,154 | ▼ 29.3% |
| Amounts payable after more than one year17 | - | €19,636 | €13,963 | €8,228 | €2,433 | ▼ 70.4% |
| Financial debts170/4 | - | €19,636 | €13,963 | €8,228 | €2,433 | ▼ 70.4% |
| Amounts payable within one year42/48 | €10,485 | €16,559 | €50,083 | €23,088 | €19,721 | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | - | €5,613 | €6,161 | €5,734 | €5,796 | ▲ 1.1% |
| Trade debts44 | €892 | €10,295 | €40,634 | €4,563 | €2,606 | ▼ 42.9% |
| Suppliers440/4 | €892 | €10,295 | €40,634 | €4,563 | €2,606 | ▼ 42.9% |
| Taxes, remuneration and social security45 | €9,593 | €650 | €576 | €2,293 | €1,402 | ▼ 38.9% |
| Taxes450/3 | €9,593 | €650 | €576 | €2,293 | €1,402 | ▼ 38.9% |
| Other amounts payable47/48 | - | - | €2,711 | €10,497 | €9,918 | ▼ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,927 | -€16,193 | -€16,896 | -€2,087 | €16,777 | ▲ 904% |
| + Depreciation and write-downs630 | €4,625 | €4,033 | €6,907 | €7,052 | €7,141 | ▲ 1.3% |
| Operating cash flow (approximation) | €2,697 | -€12,160 | -€9,989 | €4,965 | €23,918 | ▲ 382% |
| Investment in fixed assets (approximation) | - | -€29,061 | -€2,445 | -€557 | -€1,099 | ▼ 97.3% |
| Change in cash | - | -€16,570 | -€5,236 | €3,505 | €17,678 | ▲ 404% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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BE 1003.576.549
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HOME REFRESH
BE 0882.681.588
Sint-Genesius-Rode · Eq €17,884
SKY
BE 0767.999.280
Gent · Eq €17,824
C.P.PROJECT
BE 0877.913.742
Tournai · Eq €17,898
Of 15,515 companies in this sector we hold annual accounts for 7,424. 5,047 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
16 eventsLatest 01-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €16,777
Net result €16,777 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.51
Current ratio from 0.69 to 1.51; short-term debt falls from €23,088 to €19,721.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€16,896
Net result drops to -€16,896, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €24,159 ▲26.5%
Operating result €44,714, net result €24,159, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.50
Current ratio from 1.26 to 3.50; short-term debt falls from €23,378 to €13,107.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €19,093
Net result €19,093 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 34 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 50 days late
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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Company details
Private limited company · founded 22-05-2012Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded22-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0846076461
Also
9925:BE0846076461
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Steenokkerzeel · 1 establishment unit since 2024
Ground area
726 m²
Building footprint
153 m²
Volume, LiDAR
634 m³
Parcel 23081A0019/00K000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SKUTNIK
since 2024unit no. 2.361.418.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23081A0019/00K000 | Flanders | 726 m² | 1 · 153 m² | 7.1 m · 1 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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