SPLINTER
ActiveSummary
SPLINTER has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €14k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-2
Solvency79▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.86 in 2024; short-term debt: 45.7% and cash: 57.8% of total assets), and 45.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
54.3%
Return on assets
7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
57 d late
2023
54 d late
2022
3 d early
2021
2 d early
2020
90 d late
2019
87 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
Equity
€109k▲ 14.7%
2024 · €95k
2018: €35klowest in 8 years
2019: €54k▲ +54.5% vs 2018
2020: €47k▼ -13.3% vs 2019
2021: €57k▲ +21.5% vs 2020
2022: €76k▲ +33.3% vs 2021
2023: €82k▲ +7.9% vs 2022
2024: €95k▲ +16.6% vs 2023
2025: €109k▲ +14.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€201k▲ 21.4%
2024 · €166k
2018: €171k
2019: €179k▲ +4.7% vs 2018
2020: €157k▼ -12.2% vs 2019
2021: €155k▼ -1.8% vs 2020
2022: €158k▲ +2.5% vs 2021
2023: €154k▼ -3.1% vs 2022lowest in 8 years
2024: €166k▲ +8.0% vs 2023
2025: €201k▲ +21.4% vs 2024highest in 8 years
2018 → 2025
Net result
€14k▲ 3.6%
2024 · €14k
2018: €-4k
2019: €20k▲ +556% vs 2018highest in 8 years
2020: €-7k▼ -136% vs 2019lowest in 8 years
2021: €10k▲ +241% vs 2020
2022: €19k▲ +87.9% vs 2021
2023: €6k▼ -68.6% vs 2022
2024: €14k▲ +128% vs 2023
2025: €14k▲ +3.6% vs 2024
2018 → 2025
Working capital
€30k▼ 50.0%
2024 · €61k
2018: €34k
2019: €56k▲ +67.6% vs 2018
2020: €53k▼ -6.6% vs 2019
2021: €54k▲ +3.5% vs 2020
2022: €47k▼ -14.1% vs 2021
2023: €51k▲ +9.7% vs 2022
2024: €61k▲ +18.5% vs 2023highest in 8 years
2025: €30k▼ -50.0% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€76k▲ 33.3%€82k▲ 7.9%€95k▲ 16.6%€109k▲ 14.7%
2021: €57klowest in 5 years
2022: €76k▲ +33.3% vs 2021
2023: €82k▲ +7.9% vs 2022
2024: €95k▲ +16.6% vs 2023
2025: €109k▲ +14.7% vs 2024highest in 5 years
Operating result€12k-€22k▲ 79.4%€10k▼ 56.5%€20k▲ 105%€20k▲ 1.2%
2021: €12k
2022: €22k▲ +79.4% vs 2021highest in 5 years
2023: €10k▼ -56.5% vs 2022lowest in 5 years
2024: €20k▲ +105% vs 2023
2025: €20k▲ +1.2% vs 2024
Net result€10k-€19k▲ 87.9%€6k▼ 68.6%€14k▲ 128%€14k▲ 3.6%
2021: €10k
2022: €19k▲ +87.9% vs 2021highest in 5 years
2023: €6k▼ -68.6% vs 2022lowest in 5 years
2024: €14k▲ +128% vs 2023
2025: €14k▲ +3.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€79k ▲ 129%
Current assets
€122k ▼ 6.9%
Equity and liabilities €201k
Equity
€109k ▲ 14.7%
Debt
€92k ▲ 30.3%
Debt's share of the balance-sheet total rises from 42.6% to 45.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €36k
Cash flow
€20k▼
2024 · €29k
Current ratio
1.33▼
2024 · 1.86
Quick ratio
1.29▼
2024 · 1.79
Debt to equity
0.84▲
2024 · 0.74
ROE
12.8%▼
2024 · 14.2%
ROA
7.0%▼
2024 · 8.2%
Interest coverage
53.66▲
2024 · 35.37
Debt ≤ 1 year
€92k▲
2024 · €71k
Income taxes
€6k▼
2024 · €6k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€166k€201k▲
Fixed assets21/28€34k€79k▲
Tangible fixed assets22/27€34k€79k▲
Land and buildings22-€45k
Plant, machinery and equipment23€4k€7k▲
Furniture and vehicles24€7k€5k▼
Other tangible fixed assets26€24k€22k▼
Financial fixed assets28€40€40=
Current assets29/58€131k€122k▼
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€15k€950▼
Trade receivables40€15k€478▼
Other amounts receivable41-€472
Cash at bank and in hand54/58€110k€116k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€166k€201k▲
Equity10/15€95k€109k▲
Contributions10/11€25k€25k=
Reserves13€70k€84k▲
Distributable reserves133€70k€84k▲
Amounts payable17/49€71k€92k▲
Amounts payable within one year42/48€71k€92k▲
Current portion of amounts payable after more than one year42€15k-
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Advances received on contracts in progress46€14k-
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€7k€12k▲
Other amounts payable47/48€28k€72k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€6k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€342-
Gross operating margin9900€38k€28k▼
Operating profit (loss)9901€20k€20k▲
Financial income75/76B€931€468▼
Recurring financial income75€931€468▼
Financial charges65/66B€1k€486▼
Recurring financial charges65€1k€486▼
Profit (loss) for the period before taxes9903€20k€20k▲
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€14k€14k▲
Profit (loss) for the period to be appropriated9905€14k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€14k▲
Transfer to equity691/2€14k€14k▲
To other reserves6921€14k€14k▲
The notes to these accounts (6 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 | €2k | €750 | - | - | - | - |
| Remuneration, social security and pensions62 | €2k | €1k | €-101 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €14k | €15k | €16k | €6k | ▼ 61.1% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €2k | ▲ 2.5% |
| Non-recurring operating charges66A | - | - | €660 | €342 | - | - |
| Gross operating margin9900 | €30k | €39k | €27k | €38k | €28k | ▼ 25.8% |
| Operating profit (loss)9901 | €12k | €22k | €10k | €20k | €20k | ▲ 1.2% |
| Financial income75/76B | €1k | €572 | €655 | €931 | €468 | ▼ 49.7% |
| Recurring financial income75 | €1k | €572 | €655 | €931 | €468 | ▼ 49.7% |
| Financial charges65/66B | €3k | €2k | €2k | €1k | €486 | ▼ 51.7% |
| Recurring financial charges65 | €3k | €2k | €2k | €1k | €486 | ▼ 51.7% |
| Profit (loss) for the period before taxes9903 | €11k | €21k | €9k | €20k | €20k | ▲ 1.5% |
| Income taxes67/77 | €909 | €2k | €3k | €6k | €6k | ▼ 3.4% |
| Profit (loss) for the period9904 | €10k | €19k | €6k | €14k | €14k | ▲ 3.6% |
| Transfer from tax-exempt reserves789 | €8k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €18k | €19k | €6k | €14k | €14k | ▲ 3.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €158k | €154k | €166k | €201k | ▲ 21.4% |
| Fixed assets21/28 | €45k | €58k | €45k | €34k | €79k | ▲ 129% |
| Tangible fixed assets22/27 | €45k | €58k | €45k | €34k | €79k | ▲ 129% |
| Land and buildings22 | €34k | €23k | €11k | - | €45k | - |
| Plant, machinery and equipment23 | €5k | €4k | €5k | €4k | €7k | ▲ 76.7% |
| Furniture and vehicles24 | €1k | €2k | €3k | €7k | €5k | ▼ 26.0% |
| Other tangible fixed assets26 | €5k | €29k | €26k | €24k | €22k | ▼ 9.0% |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €109k | €100k | €108k | €131k | €122k | ▼ 6.9% |
| Stocks and contracts in progress3 | €7k | €5k | €7k | €5k | €4k | ▼ 25.2% |
| Stocks30/36 | €7k | €5k | €7k | €5k | €4k | ▼ 25.2% |
| Amounts receivable within one year40/41 | €6k | €4k | €7k | €15k | €950 | ▼ 93.8% |
| Trade receivables40 | €6k | €3k | €7k | €15k | €478 | ▼ 96.9% |
| Other amounts receivable41 | - | €1k | €763 | - | €472 | - |
| Cash at bank and in hand54/58 | €97k | €91k | €93k | €110k | €116k | ▲ 5.9% |
| Deferred charges and accrued income490/1 | - | €90 | €1k | €1k | €1k | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €158k | €154k | €166k | €201k | ▲ 21.4% |
| Equity10/15 | €57k | €76k | €82k | €95k | €109k | ▲ 14.7% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Reserves13 | €32k | €51k | €57k | €70k | €84k | ▲ 19.9% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €30k | €51k | €57k | €70k | €84k | ▲ 19.9% |
| Amounts payable17/49 | €98k | €83k | €72k | €71k | €92k | ▲ 30.3% |
| Amounts payable after more than one year17 | €43k | €29k | €15k | - | - | - |
| Financial debts170/4 | €43k | €29k | €15k | - | - | - |
| Amounts payable within one year42/48 | €55k | €54k | €57k | €71k | €92k | ▲ 30.3% |
| Current portion of amounts payable after more than one year42 | €13k | €14k | €14k | €15k | - | - |
| Trade debts44 | €7k | €7k | €11k | €7k | €8k | ▲ 10.5% |
| Suppliers440/4 | €7k | €7k | €11k | €7k | €8k | ▲ 10.5% |
| Advances received on contracts in progress46 | - | - | - | €14k | - | - |
| Taxes, remuneration and social security45 | €2k | €2k | €3k | €7k | €12k | ▲ 81.2% |
| Taxes450/3 | €2k | €2k | €3k | €7k | €12k | ▲ 81.2% |
| Remuneration and social security454/9 | €146 | €318 | - | - | - | - |
| Other amounts payable47/48 | €33k | €31k | €29k | €28k | €72k | ▲ 158% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €19k | €6k | €14k | €14k | ▲ 3.6% |
| + Depreciation and write-downs630 | €14k | €14k | €15k | €16k | €6k | ▼ 61.1% |
| Operating cash flow (approximation) | €24k | €33k | €21k | €29k | €20k | ▼ 31.4% |
| Investment in fixed assets (approximation) | - | €-27k | €-2k | €-5k | €-51k | ▼ 900% |
| Change in cash | - | €-6k | €2k | €17k | €7k | ▼ 61.3% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €109k ▲14.7%
5 profitable years in a row build equity to €109k.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 1997
Ground area
308 m²
Building footprint
257 m²
Volume, LiDAR
1,144 m³
Parcel 11382A0329/00C006, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPLINTER
since 19972.082.533.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382A0329/00C006 | Flanders | 308 m² | 1 · 257 m² | 6.0 m · 2 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.
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 10 endedMachinaal houtbewerker duaal (so)
Medewerker hout duaal (so)
Meubelmaker duaal (so)
Show 10 ended approvals
Interieurbouwer (so)
Machinaal houtbewerker (so)
Meubelmaker (so)
Plaatser interieurelementen (so)
Interieurbouwer duaal (so)
Interieurbouwer (so)
Machinaal houtbewerker (so)
Meubelmaker (so)
Plaatser interieurelementen (so)
Productiemedewerker interieurbouw (so)
Similar companies · same sector, comparable size
WL Outdoor Projects
BE 1003.856.364
Lommel · Eq €109,028
ATELIER DESIGN
BE 0459.587.780
Etterbeek · Eq €108,783
NEXPRO
BE 1005.604.641
Heusden-Zolder · Eq €111,231
TOITURES CHRISTOPHE MARCHAL
BE 0729.554.024
Gedinne · Eq €107,049
CL-Construct
BE 0786.809.758
Roeselare · Eq €111,378
Of 1,599 companies in sector 16230 we hold annual accounts for 784. 630 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
Founded30-06-1997
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
Scores and ratios are computed by Checked and are not a credit decision.