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'T SCHUURKEN

Active
Public limited companyfounded 199432 yrs activeWetterensteenweg 18, 9260 Wichelen, BelgiumKBO/BCE: BE 0453.415.315
Summary

The computed 12-month bankruptcy probability of 'T SCHUURKEN is 2.6% (moderate). The 2024 annual accounts show equity of €94,824 and a net result of -€9,309. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 18932 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Event catering
NACE 56210NACE 55301
1 site
Size
€347,193total assets 2024
Equity
€94,824
Loss
-€9,309
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2024
Bankruptcy chance 12 m
2.6%
Structure
Accounts 63 d overdue0 of 8 deeds read
Why 51- Figures for FY 2024 (filed 18-09-2025)- Sector Food and beverage service activities (NACE 56)- 1 financial year not filed after the legal deadline; latest accounts 46 days late; 3 of the last 3 late+ Founded in 1994Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 29% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 52-2
equity 27.3% of total assets
Liquidity 17=
short-term debt 72.7% · cash 5.1%
Profitability 15+11
return on assets -2.7%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,449 companies)
Last 18 months 05-2025: 3.0% 06-2025: 2.9%▼ -3.1% vs 05-2025 07-2025: 3.2%▲ +10.4% vs 06-2025 08-2025: 3.6%▲ +13.2% vs 07-2025highest value 09-2025: 3.6%▼ -0.6% vs 08-2025 10-2025: 1.4%▼ -59.9% vs 09-2025 11-2025: 1.4%● 0.0% vs 10-2025 12-2025: 1.4%● 0.0% vs 11-2025 01-2026: 1.4%▼ -2.7% vs 12-2025 02-2026: 1.4%● 0.0% vs 01-2026 03-2026: 1.4%▼ -1.4% vs 02-2026 04-2026: 1.4%▼ -0.1% vs 03-2026 05-2026: 1.4%▼ -1.4% vs 04-2026 06-2026: 1.3%▼ -3.4% vs 05-2026lowest value 07-2026: 1.4%▲ +4.2% vs 06-2026 08-2026: 1.9%▲ +39.3% vs 07-2026 09-2026: 2.3%▲ +19.5% vs 08-2026 10-2026: 2.6%▲ +13.6% vs 09-2026
  • Figures for FY 2024 (filed 18-09-2025) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Founded in 1994 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 46 days late; 3 of the last 3 late raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.43 in 2023; short-term debt: 72.7% and cash: 5.1% of total assets), and 72.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 48%, liquidity 15%, profitability 23%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 18-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1994
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 46 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
1819222324
2018 to 2024 · latest year -€9,309
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
46 d late
2023
105 d late
2022
99 d late
2019
108 d late
2018
30 d early
2017
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€41,677

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€9,309 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Caution: Among the weakest 20% on net resultsector median €5,297 · 18,911 companies -€9,309 View

By topic

Financials

Fiscal year
2024
Total assets
€347,193
Loss
-€9,309
Solvency
27.3%
Turnover▼ 23.4%
Net result
20182019
Go to Financials

Timeline

Events
11
Since
2014
  1. 15-09-2025Annual accounts filed
  2. 13-11-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Event cateringNACE 56210
Founded
13-09-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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