VASTGOED SCHELFHOUT
ActiveVASTGOED SCHELFHOUT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.44M and a net result of €370k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▲+12
Solvency62▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €460k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.98 in 2024; short-term debt: 20% and cash: 0.5% of total assets), and 63.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
36.6%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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 · 7 filingsDeviation from the deadline
2025
32 d late
2024
47 d late
2023
30 d late
2022
3 d early
2021
4 d early
2020
1 d early
2019
40 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€7.44M▲ 5.2%
2024 · €7.07M
2019: €3.27M
2020: €3.78M
2021: €5.60M
2022: €6.53M
2023: €7.06M
2024: €7.07M
2019 → 2025
Total assets
€20.31M▼ 5.2%
2024 · €21.42M
2019: €16.89M
2020: €15.26M
2021: €17.05M
2022: €17.73M
2023: €17.81M
2024: €21.42M
2019 → 2025
Net result
€370k▲ 2,507%
2024 · €14k
2019: €190k
2020: €513k
2021: €1.82M
2022: €929k
2023: €524k
2024: €14k
2019 → 2025
Working capital
€-821k▼ 509%
2024 · €-135k
2019: €1.28M
2020: €1.02M
2021: €1.78M
2022: €3.23M
2023: €674k
2024: €-135k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.60M-€6.53M▲ 16.6%€7.06M▲ 8.0%€7.07M▲ 0.2%€7.44M▲ 5.2%
Operating result€2.62M-€1.51M▼ 42.2%€822k▼ 45.7%€447k▼ 45.6%€835k▲ 86.9%
Net result€1.82M-€929k▼ 49.1%€524k▼ 43.6%€14k▼ 97.3%€370k▲ 2,507%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 87% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.31M
Fixed assets
€17.08M▲ 8.0%
Current assets
€3.23M▼ 42.4%
Equity and liabilities €20.31M
Equity
€7.44M▲ 5.2%
Provisions
€1.83M▲ 2.5%
Debt
€11.04M▼ 12.1%
The debt ratio falls from 58.6% to 54.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.15M▲
2024 · €742k
Cash flow
€688k▲
2024 · €309k
Solvency
36.6%▲
2024 · 33.0%
Current ratio
0.80▼
2024 · 0.98
Quick ratio
0.80▼
2024 · 0.98
Debt / equity
1.48▼
2024 · 1.78
ROE
5.0%▲
2024 · 0.2%
ROA
1.8%▲
2024 · 0.1%
Interest coverage
3.20▲
2024 · 2.10
Debt
€11.04M▼
2024 · €12.56M
Debt ≤ 1 year
€4.05M▼
2024 · €5.74M
Debt > 1 year
€6.99M▲
2024 · €6.82M
Income taxes
€59k▼
2024 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21.42M€20.31M▼
Fixed assets21/28€15.81M€17.08M▲
Tangible fixed assets22/27€15.21M€16.48M▲
Land and buildings22€15.21M€16.48M▲
Financial fixed assets28€601k€601k=
Current assets29/58€5.61M€3.23M▼
Amounts receivable within one year40/41€5.56M€3.09M▼
Trade receivables40€95k€61k▼
Other amounts receivable41€5.46M€3.03M▼
Cash at bank and in hand54/58€26k€104k▲
Deferred charges and accrued income490/1€23k€36k▲
Equity and liabilities
Total equity and liabilities10/49€21.42M€20.31M▼
Equity10/15€7.07M€7.44M▲
Contributions10/11€163k€163k=
Reserves13€5.86M€6.03M▲
Tax-exempt reserves132€4.58M€4.75M▲
Distributable reserves133€1.28M€1.28M=
Profit (loss) carried forward14€1.05M€1.25M▲
Provisions and deferred taxes16€1.79M€1.83M▲
Deferred taxes168€1.79M€1.83M▲
Amounts payable17/49€12.56M€11.04M▼
Amounts payable after more than one year17€6.82M€6.99M▲
Financial debts170/4€6.77M€6.94M▲
Other amounts payable178/9€45k€45k=
Amounts payable within one year42/48€5.74M€4.05M▼
Current portion of amounts payable after more than one year42€816k€815k▼
Financial debts43€2.14M€1.62M▼
Credit institutions430/8€2.14M€1.62M▼
Trade debts44€2.46M€1.28M▼
Suppliers440/4€2.46M€1.28M▼
Taxes, remuneration and social security45€16k€24k▲
Taxes450/3€16k€24k▲
Other amounts payable47/48€315k€319k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A-€365k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295k€318k▲
Other operating charges640/8€102k€13k▼
Gross operating margin9900€843k€1.17M▲
Operating profit (loss)9901€447k€835k▲
Financial income75/76B€486€1▼
Recurring financial income75€486€1▼
Financial charges65/66B€357k€361k▲
Recurring financial charges65€354k€361k▲
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€90k€474k▲
Transfer from deferred taxes780€45k€46k▲
Transfer to deferred taxes680-€91k
Income taxes67/77€121k€59k▼
Profit (loss) for the period9904€14k€370k▲
Transfer from tax-exempt reserves789€98k€100k▲
Transfer to tax-exempt reserves689-€273k
Profit (loss) for the period to be appropriated9905€113k€197k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.05M€1.25M▲
Profit (loss) brought forward from the previous period14P€936k€1.05M▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 32 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 47 days late
2024
31-12
Financial
Weakest financial yearnet €14k ▼97.3%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €1.82M ▲255%
Operating result €2.62M, net result €1.82M, both a record.
31-12
Financial
Equity above €5MEq €5.60M ▲48.3%
3 profitable years in a row build equity to €5.60M.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 40 days late
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, Haacht · 1 establishment unit since 2019
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.
Kruineikestraat(TIL) 1293150 HaachtGround area
1,775 m²
Building footprint
852 m²
Volume, LiDAR
7,907 m³
Parcel 24122B0151/00Y000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VASTGOED SCHELFHOUT
since 20192.296.615.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122B0151/00Y000 | Flanders | 1,775 m² | 1 · 852 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OBJECTIEF VASTGOED
BE 0426.874.135
Schoten · Eq €7.43M
maanzee
BE 0533.823.761
Kontich · Eq €7.46M
Zeebrugge Green Logistics
BE 0721.550.336
Antwerpen · Eq €7.47M
Playtime
BE 0428.100.095
Houthalen-Helchteren · Eq €7.39M
LADOUR INVEST
BE 0876.040.454
Diksmuide · Eq €7.50M
Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 1,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-2019
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.