DE SCHAEPMEESTER
ActiveSummary
The computed 12-month bankruptcy probability of DE SCHAEPMEESTER is 1.7% (moderate). The 2024 annual accounts show equity of €176k and a net result of €63k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 15% of 1221 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+27
Solvency43▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.03 in 2023; short-term debt: 75.5% and cash: 0% of total assets), and 82.2% 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.
+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
raises risk · 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
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1221 sector peers (2024).
NBB · sector comparisonPosition among 1221 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
18 d early
2022
52 d late
2021
41 d early
2020
25 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€176k▲ 56.1%
2023 · €113k
2019: €69klowest in 6 years
2020: €99k▲ +44.7% vs 2019
2021: €104k▲ +4.5% vs 2020
2022: €109k▲ +4.9% vs 2021
2023: €113k▲ +3.3% vs 2022
2024: €176k▲ +56.1% vs 2023highest in 6 years
2019 → 2024
Total assets
€990k▼ 16.9%
2023 · €1.19M
2019: €757k
2020: €657k▼ -13.3% vs 2019lowest in 6 years
2021: €1.03M▲ +56.2% vs 2020
2022: €1.17M▲ +14.0% vs 2021
2023: €1.19M▲ +1.9% vs 2022highest in 6 years
2024: €990k▼ -16.9% vs 2023
2019 → 2024
Net result
€63k▲ 1,672%
2023 · €4k
2019: €24k
2020: €31k▲ +29.2% vs 2019
2021: €4k▼ -85.4% vs 2020
2022: €5k▲ +13.5% vs 2021
2023: €4k▼ -29.9% vs 2022lowest in 6 years
2024: €63k▲ +1672% vs 2023highest in 6 years
2019 → 2024
Working capital
€95k▲ 212%
2023 · €30k
2019: €24klowest in 6 years
2020: €80k▲ +234% vs 2019
2021: €67k▼ -15.9% vs 2020
2022: €28k▼ -58.6% vs 2021
2023: €30k▲ +9.5% vs 2022
2024: €95k▲ +212% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€104k▲ 4.5%€109k▲ 4.9%€113k▲ 3.3%€176k▲ 56.1%
2020: €99klowest in 5 years
2021: €104k▲ +4.5% vs 2020
2022: €109k▲ +4.9% vs 2021
2023: €113k▲ +3.3% vs 2022
2024: €176k▲ +56.1% vs 2023highest in 5 years
Operating result€55k-€27k▼ 50.0%€47k▲ 72.0%€61k▲ 28.6%€95k▲ 55.5%
2020: €55k
2021: €27k▼ -50.0% vs 2020lowest in 5 years
2022: €47k▲ +72.0% vs 2021
2023: €61k▲ +28.6% vs 2022
2024: €95k▲ +55.5% vs 2023highest in 5 years
Net result€31k-€4k▼ 85.4%€5k▲ 13.5%€4k▼ 29.9%€63k▲ 1,672%
2020: €31k
2021: €4k▼ -85.4% vs 2020
2022: €5k▲ +13.5% vs 2021
2023: €4k▼ -29.9% vs 2022lowest in 5 years
2024: €63k▲ +1672% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €990k
Fixed assets
€147k ▼ 39.2%
Current assets
€843k ▼ 11.2%
Equity and liabilities €990k
Equity
€176k ▲ 56.1%
Debt
€814k ▼ 24.5%
Debt's share of the balance-sheet total falls from 90.5% to 82.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€189k▲
2023 · €161k
Cash flow
€157k▲
2023 · €104k
Current ratio
1.13▲
2023 · 1.03
Debt to equity
4.63▼
2023 · 9.58
ROE
35.9%▲
2023 · 3.2%
ROA
6.4%▲
2023 · 0.3%
Interest coverage
7.07▲
2023 · 3.74
Debt ≤ 1 year
€748k▼
2023 · €918k
Debt > 1 year
€60k▼
2023 · €153k
Income taxes
€5k▼
2023 · €15k
Staff costs
€981k▼
2023 · €1.37M
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 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.19M€990k▼
Fixed assets21/28€243k€147k▼
Intangible fixed assets21€26k€21k▼
Tangible fixed assets22/27€210k€122k▼
Plant, machinery and equipment23€9k€4k▼
Furniture and vehicles24€8k€3k▼
Leasing and similar rights25€192k€114k▼
Financial fixed assets28€7k€5k▼
Current assets29/58€949k€843k▼
Amounts receivable within one year40/41€935k€664k▼
Trade receivables40€880k€605k▼
Other amounts receivable41€55k€59k▲
Cash at bank and in hand54/58€9k€238▼
Deferred charges and accrued income490/1€5k€178k▲
Equity and liabilities
Total equity and liabilities10/49€1.19M€990k▼
Equity10/15€113k€176k▲
Contributions10/11€45k€45k=
Reserves13€68k€68k=
Distributable reserves133€68k€68k=
Profit (loss) carried forward14-€63k
Amounts payable17/49€1.08M€814k▼
Amounts payable after more than one year17€153k€60k▼
Financial debts170/4€153k€60k▼
Amounts payable within one year42/48€918k€748k▼
Current portion of amounts payable after more than one year42€105k€98k▼
Financial debts43€150k-
Credit institutions430/8€150k-
Trade debts44€99k€112k▲
Suppliers440/4€99k€112k▲
Taxes, remuneration and social security45€458k€502k▲
Taxes450/3€34k€44k▲
Remuneration and social security454/9€423k€458k▲
Other amounts payable47/48€106k€36k▼
Accrued charges and deferred income492/3€7k€7k=
Income statement
Code20232024
Non-recurring operating income76A€59k€28k▼
Remuneration, social security and pensions62€1.37M€981k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€94k▼
Other operating charges640/8€19k€17k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€1.55M€1.19M▼
Operating profit (loss)9901€61k€95k▲
Financial income75/76B€504€15▼
Recurring financial income75€504€15▼
Financial charges65/66B€43k€27k▼
Recurring financial charges65€43k€27k▼
Profit (loss) for the period before taxes9903€18k€68k▲
Income taxes67/77€15k€5k▼
Profit (loss) for the period9904€4k€63k▲
Profit (loss) for the period to be appropriated9905€4k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€63k▲
Transfer to equity691/2€4k-
To other reserves6921€4k-
Social balance
Average headcount (FTE)908728.919.3▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €809 | €59k | €28k | ▼ 52.1% |
| Remuneration, social security and pensions62 | - | €1.06M | €1.29M | €1.37M | €981k | ▼ 28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €79k | €112k | €105k | €100k | €94k | ▼ 6.0% |
| Other operating charges640/8 | - | €23k | €46k | €19k | €17k | ▼ 9.8% |
| Non-recurring operating charges66A | - | - | €126 | €0 | - | - |
| Gross operating margin9900 | €987k | €1.22M | €1.49M | €1.55M | €1.19M | ▼ 23.6% |
| Operating profit (loss)9901 | €55k | €27k | €47k | €61k | €95k | ▲ 55.5% |
| Financial income75/76B | - | €330 | €0 | €504 | €15 | ▼ 97.0% |
| Recurring financial income75 | €230 | €330 | €0 | €504 | €15 | ▼ 97.0% |
| Financial charges65/66B | - | €15k | €30k | €43k | €27k | ▼ 37.9% |
| Recurring financial charges65 | €10k | €15k | €30k | €43k | €27k | ▼ 37.9% |
| Profit (loss) for the period before taxes9903 | €45k | €12k | €17k | €18k | €68k | ▲ 271% |
| Income taxes67/77 | €14k | €8k | €12k | €15k | €5k | ▼ 67.9% |
| Profit (loss) for the period9904 | €31k | €4k | €5k | €4k | €63k | ▲ 1,672% |
| Profit (loss) for the period to be appropriated9905 | €31k | €4k | €5k | €4k | €63k | ▲ 1,672% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €657k | €1.03M | €1.17M | €1.19M | €990k | ▼ 16.9% |
| Fixed assets21/28 | €185k | €315k | €340k | €243k | €147k | ▼ 39.2% |
| Intangible fixed assets21 | €41k | €36k | €31k | €26k | €21k | ▼ 19.4% |
| Tangible fixed assets22/27 | €138k | €272k | €302k | €210k | €122k | ▼ 42.0% |
| Plant, machinery and equipment23 | - | €18k | €12k | €9k | €4k | ▼ 56.4% |
| Furniture and vehicles24 | - | €18k | €18k | €8k | €3k | ▼ 59.0% |
| Leasing and similar rights25 | - | €236k | €273k | €192k | €114k | ▼ 40.6% |
| Financial fixed assets28 | €6k | €7k | €7k | €7k | €5k | ▼ 29.4% |
| Current assets29/58 | €472k | €711k | €829k | €949k | €843k | ▼ 11.2% |
| Amounts receivable within one year40/41 | €351k | €646k | €808k | €935k | €664k | ▼ 29.0% |
| Trade receivables40 | - | €443k | €728k | €880k | €605k | ▼ 31.2% |
| Other amounts receivable41 | - | €203k | €80k | €55k | €59k | ▲ 6.4% |
| Cash at bank and in hand54/58 | €119k | €56k | €18k | €9k | €238 | ▼ 97.2% |
| Deferred charges and accrued income490/1 | - | €9k | €3k | €5k | €178k | ▲ 3,491% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €657k | €1.03M | €1.17M | €1.19M | €990k | ▼ 16.9% |
| Equity10/15 | €99k | €104k | €109k | €113k | €176k | ▲ 56.1% |
| Contributions10/11 | - | €45k | €45k | €45k | €45k | = |
| Reserves13 | €54k | €59k | €64k | €68k | €68k | = |
| Distributable reserves133 | - | €59k | €64k | €68k | €68k | = |
| Profit (loss) carried forward14 | €0 | - | - | - | €63k | - |
| Amounts payable17/49 | €557k | €922k | €1.06M | €1.08M | €814k | ▼ 24.5% |
| Amounts payable after more than one year17 | €165k | €278k | €259k | €153k | €60k | ▼ 61.2% |
| Financial debts170/4 | - | €278k | €259k | €153k | €60k | ▼ 61.2% |
| Amounts payable within one year42/48 | €392k | €644k | €802k | €918k | €748k | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | - | €85k | €107k | €105k | €98k | ▼ 7.2% |
| Financial debts43 | - | €175k | €150k | €150k | - | - |
| Credit institutions430/8 | - | €175k | €150k | €150k | - | - |
| Trade debts44 | €51k | €138k | €100k | €99k | €112k | ▲ 12.3% |
| Suppliers440/4 | - | €138k | €100k | €99k | €112k | ▲ 12.3% |
| Taxes, remuneration and social security45 | - | €141k | €339k | €458k | €502k | ▲ 9.8% |
| Taxes450/3 | - | €3k | €21k | €34k | €44k | ▲ 28.8% |
| Remuneration and social security454/9 | - | €138k | €318k | €423k | €458k | ▲ 8.2% |
| Other amounts payable47/48 | - | €105k | €106k | €106k | €36k | ▼ 65.9% |
| Accrued charges and deferred income492/3 | - | - | - | €7k | €7k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €4k | €5k | €4k | €63k | ▲ 1,672% |
| + Depreciation and write-downs630 | €79k | €112k | €105k | €100k | €94k | ▼ 6.0% |
| Operating cash flow (approximation) | €110k | €116k | €110k | €104k | €157k | ▲ 51.6% |
| Investment in fixed assets (approximation) | - | €-243k | €-130k | €-3k | €883 | ▲ 133% |
| Change in cash | - | €-63k | €-38k | €-10k | €-8k | ▲ 12.9% |
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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
2024
31-12
Financial
Highest result since 2019net €63k ▲1,672%
Operating result €95k, net result €63k, both a record.
31-12
Financial
Equity above €150kEq €176k ▲56.1%
6 profitable years in a row build equity to €176k.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €4k ▼29.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 52 days late
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €104k ▲4.5%
3 profitable years in a row build equity to €104k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Puurs-Sint-Amands · 1 establishment unit since 2019
Ground area
2,404 m²
Building footprint
908 m²
Volume, LiDAR
6,822 m³
Parcel 12034A0436/00D000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE SCHAEPMEESTER
since 20192.286.018.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12034A0436/00D000 | Flanders | 2,403 m² | 1 · 908 m² | 9.1 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.
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Of 363 companies in sector 25210 we hold annual accounts for 281. 183 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 (pre-2019)
Founded15-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
25210Manufacture of fabricated metal products, except machinery and equipment
42220Construction of utility projects for electricity and telecommunications
42219Civil engineering
Scores and ratios are computed by Checked and are not a credit decision.