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 €18k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
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 €1k 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
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 €18k
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 →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k
2024 · €-2k
2018: €-2k
2019: €19k▲ +1085% vs 2018
2020: €24k▲ +26.5% vs 2019highest in 8 years
2021: €-2k▼ -108% vs 2020
2022: €-16k▼ -740% vs 2021
2023: €-17k▼ -4.3% vs 2022lowest in 8 years
2024: €-2k▲ +87.6% vs 2023
2025: €17k▲ +904% vs 2024
2018 → 2025
Working capital
€10k
2024 · €-7k
2018: €-11klowest in 8 years
2019: €6k▲ +154% vs 2018
2020: €33k▲ +431% vs 2019
2021: €34k▲ +3.7% vs 2020highest in 8 years
2022: €12k▼ -63.5% vs 2021
2023: €-6k▼ -146% vs 2022
2024: €-7k▼ -23.2% vs 2023
2025: €10k▲ +241% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€20k▼ 44.7%€3k▼ 84.2%€1k▼ 65.9%€18k▲ 1,551%
2021: €36khighest in 5 years
2022: €20k▼ -44.7% vs 2021
2023: €3k▼ -84.2% vs 2022
2024: €1k▼ -65.9% vs 2023lowest in 5 years
2025: €18k▲ +1551% vs 2024
Operating result€-2k-€-16k▼ 846%€-16k▼ 1.4%€-3k▲ 79.6%€17k
2021: €-2k
2022: €-16k▼ -846% vs 2021
2023: €-16k▼ -1.4% vs 2022lowest in 5 years
2024: €-3k▲ +79.6% vs 2023
2025: €17k▲ +614% vs 2024highest in 5 years
Net result€-2k-€-16k▼ 740%€-17k▼ 4.3%€-2k▲ 87.6%€17k
2021: €-2k
2022: €-16k▼ -740% vs 2021
2023: €-17k▼ -4.3% vs 2022lowest in 5 years
2024: €-2k▲ +87.6% vs 2023
2025: €17k▲ +904% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17k after a loss of €3k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€10k ▼ 36.9%
Current assets
€30k ▲ 85.2%
Equity and liabilities €40k
Equity
€18k ▲ 1,551%
Debt
€22k ▼ 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
EBITDA
€24k▲
2024 · €4k
Cash flow
€24k▲
2024 · €5k
Current ratio
1.51▲
2024 · 0.69
Debt to equity
1.24▼
2024 · 28.96
ROE
93.9%▲
2024 · -192.9%
ROA
41.9%▲
2024 · -6.4%
Interest coverage
57.04▲
2024 · 9.81
Debt ≤ 1 year
€20k▼
2024 · €23k
Debt > 1 year
€2k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32k€40k▲
Fixed assets21/28€16k€10k▼
Tangible fixed assets22/27€16k€10k▼
Furniture and vehicles24€16k€10k▼
Financial fixed assets28€285€285=
Current assets29/58€16k€30k▲
Amounts receivable within one year40/41€8k€4k▼
Trade receivables40€8k€373▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€8k€26k▲
Deferred charges and accrued income490/1€331€241▼
Equity and liabilities
Total equity and liabilities10/49€32k€40k▲
Equity10/15€1k€18k▲
Contributions10/11€6k€6k=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Profit (loss) carried forward14€-6k€11k▲
Amounts payable17/49€31k€22k▼
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€23k€20k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€10k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€813€881▲
Gross operating margin9900€5k€25k▲
Operating profit (loss)9901€-3k€17k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€377€427▲
Recurring financial charges65€377€427▲
Profit (loss) for the period before taxes9903€-2k€17k▲
Profit (loss) for the period9904€-2k€17k▲
Profit (loss) for the period to be appropriated9905€-2k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€11k▲
Profit (loss) brought forward from the previous period14P€-4k€-6k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €4k | €7k | €7k | €7k | ▲ 1.3% |
| Other operating charges640/8 | €1k | €604 | €666 | €813 | €881 | ▲ 8.4% |
| Gross operating margin9900 | €4k | €-12k | €-9k | €5k | €25k | ▲ 458% |
| Operating profit (loss)9901 | €-2k | €-16k | €-16k | €-3k | €17k | ▲ 614% |
| Financial income75/76B | €1 | €402 | €0 | €2k | €0 | ▼ 100.0% |
| Recurring financial income75 | €1 | €402 | €0 | €2k | €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 | €-2k | €-16k | €-17k | €-2k | €17k | ▲ 904% |
| Income taxes67/77 | €6 | - | - | - | - | - |
| Profit (loss) for the period9904 | €-2k | €-16k | €-17k | €-2k | €17k | ▲ 904% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-16k | €-17k | €-2k | €17k | ▲ 904% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47k | €56k | €67k | €32k | €40k | ▲ 23.5% |
| Fixed assets21/28 | €2k | €27k | €23k | €16k | €10k | ▼ 36.9% |
| Tangible fixed assets22/27 | €2k | €27k | €23k | €16k | €10k | ▼ 37.6% |
| Furniture and vehicles24 | €2k | €27k | €23k | €16k | €10k | ▼ 37.6% |
| Financial fixed assets28 | - | - | - | €285 | €285 | = |
| Current assets29/58 | €44k | €29k | €44k | €16k | €30k | ▲ 85.2% |
| Amounts receivable within one year40/41 | €18k | €19k | €40k | €8k | €4k | ▼ 50.6% |
| Trade receivables40 | €11k | €11k | €39k | €8k | €373 | ▼ 95.2% |
| Other amounts receivable41 | €7k | €8k | €337 | - | €3k | - |
| Cash at bank and in hand54/58 | €26k | €10k | €4k | €8k | €26k | ▲ 223% |
| Deferred charges and accrued income490/1 | €376 | €294 | €308 | €331 | €241 | ▼ 27.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47k | €56k | €67k | €32k | €40k | ▲ 23.5% |
| Equity10/15 | €36k | €20k | €3k | €1k | €18k | ▲ 1,551% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| 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 | €29k | €13k | €-4k | €-6k | €11k | ▲ 292% |
| Amounts payable17/49 | €10k | €36k | €64k | €31k | €22k | ▼ 29.3% |
| Amounts payable after more than one year17 | - | €20k | €14k | €8k | €2k | ▼ 70.4% |
| Financial debts170/4 | - | €20k | €14k | €8k | €2k | ▼ 70.4% |
| Amounts payable within one year42/48 | €10k | €17k | €50k | €23k | €20k | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | €6k | €6k | ▲ 1.1% |
| Trade debts44 | €892 | €10k | €41k | €5k | €3k | ▼ 42.9% |
| Suppliers440/4 | €892 | €10k | €41k | €5k | €3k | ▼ 42.9% |
| Taxes, remuneration and social security45 | €10k | €650 | €576 | €2k | €1k | ▼ 38.9% |
| Taxes450/3 | €10k | €650 | €576 | €2k | €1k | ▼ 38.9% |
| Other amounts payable47/48 | - | - | €3k | €10k | €10k | ▼ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-16k | €-17k | €-2k | €17k | ▲ 904% |
| + Depreciation and write-downs630 | €5k | €4k | €7k | €7k | €7k | ▲ 1.3% |
| Operating cash flow (approximation) | €3k | €-12k | €-10k | €5k | €24k | ▲ 382% |
| Investment in fixed assets (approximation) | - | €-29k | €-2k | €-557 | €-1k | ▼ 97.3% |
| Change in cash | - | €-17k | €-5k | €4k | €18k | ▲ 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.
Timeline · 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 €17k
Net result €17k 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 €23k to €20k.
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 €-17k
Net result drops to €-17k, 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 €24k ▲26.5%
Operating result €45k, net result €24k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.50
Current ratio from 1.26 to 3.50; short-term debt falls from €23k to €13k.
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 €19k
Net result €19k 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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Directors · office · real estate
Directors
3 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, 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 20242.361.418.775
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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,046 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
Founded22-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.