SMEDERIJ SCHRAUWEN

Active

Private limited companyfounded 20215 yrs activeMoerkantsebaan 254, 2910 Essen, BelgiumKBO/BCE: BE 0768.759.048

Summary

The computed 12-month bankruptcy probability of SMEDERIJ SCHRAUWEN is 2.1% (moderate). The 2024 annual accounts show equity of €21k and a net result of €15k. Equity is growing by ~212.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 2437 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

71 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+10

Solvency69▲+34

Growth78=

Track record94

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity ample (current ratio 1.61 against 1.01 in 2023; short-term debt: 55.5% and cash: 24.6% of total assets), but 55.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

44.5%

Return on assets

31.7%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

33 d early

2022

11 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€21k▲ 247%

2023 · €6k

2022: €-5k 2023: €6k

2022 → 2024

Total assets

€48k▼ 24.7%

2023 · €64k

2022: €37k 2023: €64k

2022 → 2024

Net result

€15k▲ 39.0%

2023 · €11k

2022: €-8k 2023: €11k

2022 → 2024

Working capital

€16k▲ 2,003%

2023 · €773

2022: €-13k 2023: €773

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€-5k-€6k€21k▲ 247%

Operating result€-6k-€12k€20k▲ 60.0%

Net result€-8k-€11k€15k▲ 39.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 60% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €48k

11%

89.3%

Fixed assets €5k ▼ 10.3%

Current assets €43k ▼ 26.1%

Equity and liabilities €48k

44.5%

55.5%

Equity €21k ▲ 247%

Debt €27k ▼ 53.7%

Debt's share of the balance-sheet total falls from 90.3% to 55.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€25k▲

2023 · €19k

Cash flow

€20k▲

2023 · €18k

Current ratio

1.61▲

2023 · 1.01

Quick ratio

1.31▲

2023 · 0.90

Debt to equity

1.25▼

2023 · 9.35

ROE

71.2%▼

2023 · 177.5%

ROA

31.7%▲

2023 · 17.2%

Interest coverage

160.05▲

2023 · 64.24

Debt ≤ 1 year

€27k▼

2023 · €57k

Income taxes

€5k▲

2023 · €1k

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 · 2024 against 2023 · 45 lines

Balance sheet Code20232024

Assets

Total assets20/58€64k€48k▼

Fixed assets21/28€6k€5k▼

Tangible fixed assets22/27€6k€5k▼

Plant, machinery and equipment23€2k€3k▲

Furniture and vehicles24€4k€2k▼

Current assets29/58€58k€43k▼

Stocks and contracts in progress3€7k€8k▲

Stocks30/36€7k€8k▲

Amounts receivable within one year40/41€21k€23k▲

Trade receivables40€21k€23k▲

Other amounts receivable41€25-

Cash at bank and in hand54/58€30k€12k▼

Deferred charges and accrued income490/1€91€292▲

Equity and liabilities

Total equity and liabilities10/49€64k€48k▼

Equity10/15€6k€21k▲

Contributions10/11€3k€3k=

Reserves13€3k€18k▲

Distributable reserves133€3k€18k▲

Amounts payable17/49€58k€27k▼

Amounts payable within one year42/48€57k€27k▼

Current portion of amounts payable after more than one year42€4k-

Trade debts44€369-

Suppliers440/4€369-

Advances received on contracts in progress46-€3k

Taxes, remuneration and social security45€2k€7k▲

Taxes450/3€1k€7k▲

Remuneration and social security454/9€314-

Other amounts payable47/48€52k€17k▼

Accrued charges and deferred income492/3€329-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼

Other operating charges640/8€474€858▲

Gross operating margin9900€20k€26k▲

Operating profit (loss)9901€12k€20k▲

Financial income75/76B€9€34▲

Recurring financial income75€9€34▲

Financial charges65/66B€300€156▼

Recurring financial charges65€300€156▼

Profit (loss) for the period before taxes9903€12k€20k▲

Income taxes67/77€1k€5k▲

Profit (loss) for the period9904€11k€15k▲

Profit (loss) for the period to be appropriated9905€11k€15k▲

Appropriation of the result

Profit (loss) to be appropriated9906€3k€15k▲

Profit (loss) brought forward from the previous period14P€-8k-

Transfer to equity691/2€3k€15k▲

To other reserves6921€3k€15k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2022net €15k ▲39%

Operating result €20k, net result €15k, both a record.

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €11k

Net result €11k after one loss-making year.

20-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Essen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Moerkantsebaan 2542910 Essen

Ground area

5,259 m²

Building footprint

244 m²

Volume, LiDAR

1,864 m³

2 parcels, Flanders, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

SMEDERIJ SCHRAUWEN

Rue de la Foire(P) 40, 7861 LessinesManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20212.317.775.309

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55031A0201/00D000	Wallonia	4,242 m²	1 · 124 m²	11.3 m · 3 fl.
11016E0064/00B004	Flanders	1,017 m²	1 · 120 m²	9.3 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 192 EUR awarded · 192 EUR paid

Year	Entries	awarded	paid
2022	1	192 EUR	192 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 192 EUR · 192 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Heusden-Zolder · Eq €21,213

MATTHIAS COOSEMANS

BE 0783.559.070

Pajottegem · Eq €20,947

Anderlecht · Eq €20,853

Of 984 companies in sector 25401 we hold annual accounts for 407. 229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-05-2021

Fiscal year end31-12

Activities, NACEBEL 2025

25401Forging of metal

25530Machining of metals

33110Repair and maintenance of fabricated metal products

43211General electrical installation work

43221Plumbing work

43320Joinery installation

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.