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Strandschelp

Active
Public limited companyfounded 1991active for 35 yearsVoskenslaan 42, 9000 Gent, BelgiumKBO/BCE: BE 0444.858.034
Summary

Strandschelp has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of -€2,598. Equity remains stable across the filed financial years (±0.1% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€2.6m▼ 0.1%
2024 · €2.6m
Total assets
€2.7m▼ 0.1%
2024 · €2.7m
Net result
-€2,598▲ 26.6%
2024 · -€3,541
Working capital
-€88,066▼ 3.0%
2024 · -€85,468
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,776 in 2025 against €3,581 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.003m 2025 Net result-€0.003m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m--€0.001m▲ 4.4%-€0.001m▲ 0.8%-€0.001m▼ 0.2%-€0.003m▼ 90.6%-€0.005m▼ 68.8%-€0.004m▲ 22.6%-€0.003m▲ 22.5%
Net result-€0.002m--€0.001m▲ 2.3%-€0.001m▲ 0.1%-€0.002m▼ 0.6%-€0.003m▼ 86.8%-€0.005m▼ 67.6%-€0.004m▲ 24.6%-€0.003m▲ 26.6%
Equity€2.6m-€2.6m▼ 0.1%€2.6m▼ 0.1%€2.6m▼ 0.1%€2.6m▼ 0.1%€2.6m▼ 0.2%€2.6m▼ 0.1%€2.6m▼ 0.1%
Total assets€2.7m-€2.7m▼ 0.1%€2.7m▼ 0.1%€2.7m▼ 0.1%€2.7m▼ 0.1%€2.7m▼ 0.2%€2.7m▼ 0.1%€2.7m▼ 0.1%
Debt€0.1m-€0.1m=€0.1m=€0.1m=€0.1m=€0.1m=€0.1m=€0.1m=
Working capital-€0.07m--€0.07m▼ 2.1%-€0.07m▼ 2.1%-€0.07m▼ 2.1%-€0.08m▼ 3.8%-€0.08m▼ 6.1%-€0.09m▼ 4.3%-€0.09m▼ 3.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets €2.6m =
Current assets €33,208 ▼ 7.3%
Equity and liabilities €2.7m
Equity €2.6m ▼ 0.1%
Debt €121,274 =
Debt's share of the balance-sheet total stays at 4.5%.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.27▼
2024 · 0.30
Debt to equity
0.05▲
2024 · 0.05
ROE
-0.1%▲
2024 · -0.1%
ROA
-0.1%▲
2024 · -0.1%
Debt ≤ 1 year
€121,274=
2024 · €121,274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 8,617 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.7m▼
Fixed assets21/28€2.6m€2.6m=
Tangible fixed assets22/27€2.6m€2.6m=
Land and buildings22€2.6m€2.6m=
Current assets29/58€0.04m€0.03m▼
Amounts receivable within one year40/41€35€76▲
Other amounts receivable41€35€76▲
Cash at bank and in hand54/58€0.04m€0.03m▼
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.7m▼
Equity10/15€2.6m€2.6m▼
Contributions10/11€2.7m€2.7m=
Capital10€2.7m€2.7m=
Issued capital100€2.7m€2.7m=
Profit (loss) carried forward14-€0.2m-€0.2m▼
Amounts payable17/49€0.1m€0.1m=
Amounts payable within one year42/48€0.1m€0.1m=
Other amounts payable47/48€0.1m€0.1m=
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900-€0.002m-€0.001m▲
Operating profit (loss)9901-€0.004m-€0.003m▲
Financial income75/76B€117€253▲
Recurring financial income75€117€253▲
Financial charges65/66B€77€75▼
Recurring financial charges65€77€75▼
Profit (loss) for the period before taxes9903-€0.004m-€0.003m▲
Profit (loss) for the period9904-€0.004m-€0.003m▲
Profit (loss) for the period to be appropriated9905-€0.004m-€0.003m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.2m▼
Profit (loss) brought forward from the previous period14P-€0.2m-€0.2m▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€266€1,186€1,708€1,287€1,329▲ 3.3%
Gross operating margin9900-€1,383-€1,169-€1,170-€1,172-€1,555-€2,917-€2,294-€1,447▲ 36.9%
Operating profit (loss)9901-€1,513-€1,446-€1,435-€1,438-€2,741-€4,625-€3,581-€2,776▲ 22.5%
Financial income75/76B------€117€253▲ 117%
Recurring financial income75€47-----€117€253▲ 117%
Financial charges65/66B---€63€62€72€77€75▼ 3.1%
Recurring financial charges65€48€47€57€63€62€72€77€75▼ 3.1%
Profit (loss) for the period before taxes9903-€1,515-€1,493-€1,492-€1,501-€2,803-€4,698-€3,541-€2,598▲ 26.6%
Income taxes67/77€14--------
Profit (loss) for the period9904-€1,529-€1,493-€1,492-€1,501-€2,803-€4,698-€3,541-€2,598▲ 26.6%
Profit (loss) for the period to be appropriated9905-€1,529-€1,493-€1,492-€1,501-€2,803-€4,698-€3,541-€2,598▲ 26.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m▼ 0.1%
Fixed assets21/28€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m=
Tangible fixed assets22/27€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m=
Land and buildings22---€2.6m€2.6m€2.6m€2.6m€2.6m=
Current assets29/58€0.05m€0.05m€0.05m€0.05m€0.04m€0.04m€0.04m€0.03m▼ 7.3%
Amounts receivable within one year40/41--€0.001m€0.001m€0-€35€76▲ 117%
Other amounts receivable41---€0.001m€0-€35€76▲ 117%
Cash at bank and in hand54/58€0.05m€0.05m€0.05m€0.05m€0.04m€0.04m€0.04m€0.03m▼ 7.4%
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m▼ 0.1%
Equity10/15€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m▼ 0.1%
Contributions10/11€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m€2.7m=
Capital10---€2.7m€2.7m€2.7m€2.7m€2.7m=
Issued capital100---€2.7m€2.7m€2.7m€2.7m€2.7m=
Profit (loss) carried forward14-€0.2m-€0.2m-€0.2m-€0.2m-€0.2m-€0.2m-€0.2m-€0.2m▼ 1.5%
Amounts payable17/49€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Amounts payable within one year42/48€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Other amounts payable47/48---€0.1m€0.1m€0.1m€0.1m€0.1m=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,529-€1,493-€1,492-€1,501-€2,803-€4,698-€3,541-€2,598▲ 26.6%
Operating cash flow (approximation)-€1,529-€1,493-€1,492-€1,501-€2,803-€4,698-€3,541-€2,598▲ 26.6%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€1,493-€2,360-€1,501-€1,935-€4,698-€3,576-€2,639▲ 26.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 10-07-2026 2026-00276506
31-12-2024 micro format 04-07-2025 2025-00236992
31-12-2023 micro format 05-07-2024 2024-00237508
31-12-2022 micro format 20-07-2023 2023-00253191
31-12-2021 micro format 07-07-2022 2022-20171723
31-12-2020 micro format 01-07-2021 2021-28100373
31-12-2019 micro format 28-08-2020 2020-49800246
31-12-2018 micro format 27-08-2019 2019-50700581
31-12-2017 micro format 17-08-2018 2018-46800085
31-12-2016 micro format 31-08-2017 2017-52600233

Show all 34 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.