DE SCHUTTER BORINGEN
ActiveDE SCHUTTER BORINGEN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386k and a net result of €16k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 9.45 against 10.09 in 2024; short-term debt: 10.5% and cash: 4.1% of total assets), and 10.5% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
89.5%
Return on assets
3.8%
Age of the figures
9 mo
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
33 d early
2022
31 d early
2021
31 d late
2020
31 d late
2019
90 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, micro schema
Equity
€386k▲ 4.4%
2024 · €369k
2018: €233k
2019: €259k
2020: €278k
2021: €310k
2022: €330k
2023: €344k
2024: €369k
2018 → 2025
Total assets
€431k▲ 5.2%
2024 · €410k
2018: €254k
2019: €277k
2020: €295k
2021: €335k
2022: €361k
2023: €378k
2024: €410k
2018 → 2025
Net result
€16k▼ 36.1%
2024 · €26k
2018: €14k
2019: €26k
2020: €19k
2021: €32k
2022: €20k
2023: €14k
2024: €26k
2018 → 2025
Working capital
€383k▲ 4.5%
2024 · €367k
2018: €231k
2019: €259k
2020: €278k
2021: €310k
2022: €330k
2023: €341k
2024: €367k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€310k-€330k▲ 6.4%€344k▲ 4.2%€369k▲ 7.4%€386k▲ 4.4%
Operating result€44k-€26k▼ 41.8%€17k▼ 35.3%€34k▲ 104%€18k▼ 48.7%
Net result€32k-€20k▼ 36.8%€14k▼ 30.9%€26k▲ 85.6%€16k▼ 36.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431k
Fixed assets
€2k▼ 11.8%
Current assets
€429k▲ 5.3%
Equity and liabilities €431k
Equity
€386k▲ 4.4%
Debt
€45k▲ 12.5%
The debt ratio rises from 9.8% to 10.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €34k
Cash flow
€17k▼
2024 · €26k
Solvency
89.5%▼
2024 · 90.2%
Current ratio
9.45▼
2024 · 10.09
Quick ratio
9.45▼
2024 · 10.09
Debt / equity
0.12▲
2024 · 0.11
ROE
4.2%▼
2024 · 6.9%
ROA
3.8%▼
2024 · 6.2%
Interest coverage
16.43▼
2024 · 68.67
Debt
€45k▲
2024 · €40k
Debt ≤ 1 year
€45k▲
2024 · €40k
Income taxes
€8k▼
2024 · €14k
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€410k€431k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Land and buildings22€3k€2k▼
Current assets29/58€407k€429k▲
Amounts receivable within one year40/41€8k€8k▼
Trade receivables40€869€3k▲
Other amounts receivable41€7k€5k▼
Current investments50/53€347k€401k▲
Cash at bank and in hand54/58€51k€18k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€410k€431k▲
Equity10/15€369k€386k▲
Contributions10/11€6k€6k=
Reserves13€363k€379k▲
Distributable reserves133€363k€379k▲
Amounts payable17/49€40k€45k▲
Amounts payable within one year42/48€40k€45k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Other amounts payable47/48€38k€43k▲
Income statement
Code20242025
Remuneration, social security and pensions62€703-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€312€312=
Other operating charges640/8€5k€2k▼
Gross operating margin9900€41k€19k▼
Operating profit (loss)9901€34k€18k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€502€1k▲
Recurring financial charges65€502€1k▲
Profit (loss) for the period before taxes9903€39k€24k▼
Income taxes67/77€14k€8k▼
Profit (loss) for the period9904€26k€16k▼
Profit (loss) for the period to be appropriated9905€26k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€16k▼
Transfer to equity691/2€26k€16k▼
To other reserves6921€26k€16k▼
The notes to these accounts (5 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €32k ▲63.2%
Operating result €44k, net result €32k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 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, Zandhoven · 1 establishment unit since 2009
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.
Pulsebaan 282242 ZandhovenGround area
1,094 m²
Building footprint
265 m²
Volume, LiDAR
1,384 m³
Parcel 11033C0073/00K000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE SCHUTTER BORINGEN
since 20092.183.290.747
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11033C0073/00K000 | Flanders | 1,094 m² | 1 · 265 m² | 8.9 m · 2 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
ADVISON
BE 0463.585.071
Hoeilaart · Eq €380k
V.T.S. BORINGEN
BE 0459.044.976
Herselt · Eq €395k
ALTAÏS
BE 0744.616.738
Onhaye · Eq €376k
ARPAL
BE 0468.123.087
Wuustwezel · Eq €404k
CALTERA
BE 0477.998.875
Brussel · Eq €358k
Of 607 companies in sector 43130 we hold annual accounts for 302. 226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2009
Fiscal year end31-12
Activities, NACEBEL
43130Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.