SCHRIJNWERKEN WATERSCHOOT
ActiveSummary
SCHRIJNWERKEN WATERSCHOOT has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €708k and a net result of €21k. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-3
Solvency59▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.39 in 2024; short-term debt: 59.2% and cash: 5.9% of total assets), and 66.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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
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
33.7%
Return on assets
1%
Age of the figures
9 mo
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
23 d early
2023
7 d early
2022
21 d early
2021
52 d early
2020
58 d early
2019
74 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€708k▲ 3.0%
2024 · €687k
2018: €952k
2019: €833k
2020: €812k
2021: €834k
2022: €856k
2023: €656k
2024: €687k
2018 → 2025
Total assets
€2.10M▲ 23.5%
2024 · €1.70M
2018: €1.38M
2019: €1.61M
2020: €2.05M
2021: €1.60M
2022: €1.41M
2023: €1.58M
2024: €1.70M
2018 → 2025
Net result
€21k▼ 31.4%
2024 · €31k
2018: €35k
2019: €-16k
2020: €1k
2021: €22k
2022: €22k
2023: €-173k
2024: €31k
2018 → 2025
Working capital
€163k▼ 47.6%
2024 · €311k
2018: €404k
2019: €259k
2020: €375k
2021: €327k
2022: €364k
2023: €226k
2024: €311k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€834k-€856k▲ 2.6%€656k▼ 23.3%€687k▲ 4.7%€708k▲ 3.0%
Operating result€61k-€59k▼ 4.8%€-130k€87k€77k▼ 12.4%
Net result€22k-€22k▼ 2.1%€-173k€31k€21k▼ 31.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€693k ▲ 16.8%
Current assets
€1.41M ▲ 27.2%
Equity and liabilities €2.10M
Equity
€708k ▲ 3.0%
Debt
€1.39M ▲ 37.4%
Debt's share of the balance-sheet total rises from 59.6% to 66.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€148k▼
2024 · €163k
Cash flow
€92k▼
2024 · €106k
Current ratio
1.13▼
2024 · 1.39
Quick ratio
0.30▼
2024 · 0.36
Debt to equity
1.97▲
2024 · 1.48
ROE
3.0%▼
2024 · 4.4%
ROA
1.0%▼
2024 · 1.8%
Interest coverage
2.84▼
2024 · 3.12
Debt ≤ 1 year
€1.24M▲
2024 · €795k
Debt > 1 year
€145k▼
2024 · €218k
Income taxes
€4k▼
2024 · €5k
Staff costs
€753k▲
2024 · €696k
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 · 2025 against 2024 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.70M€2.10M▲
Fixed assets21/28€594k€693k▲
Intangible fixed assets21€7k€5k▼
Tangible fixed assets22/27€586k€688k▲
Land and buildings22€419k€387k▼
Plant, machinery and equipment23€81k€172k▲
Furniture and vehicles24€82k€98k▲
Other tangible fixed assets26€5k€31k▲
Financial fixed assets28€335€335=
Current assets29/58€1.11M€1.41M▲
Stocks and contracts in progress3€823k€1.03M▲
Stocks30/36€575k€536k▼
Contracts in progress37€248k€495k▲
Amounts receivable within one year40/41€241k€237k▼
Trade receivables40€202k€210k▲
Other amounts receivable41€38k€27k▼
Cash at bank and in hand54/58€28k€124k▲
Deferred charges and accrued income490/1€15k€14k▼
Equity and liabilities
Total equity and liabilities10/49€1.70M€2.10M▲
Equity10/15€687k€708k▲
Contributions10/11€248k€248k=
Capital10€248k€248k=
Issued capital100€248k€248k=
Reserves13€439k€460k▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€41k€0▼
Distributable reserves133€373k€435k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.01M€1.39M▲
Amounts payable after more than one year17€218k€145k▼
Financial debts170/4€218k€145k▼
Amounts payable within one year42/48€795k€1.24M▲
Current portion of amounts payable after more than one year42€74k€77k▲
Financial debts43€450k€550k▲
Credit institutions430/8€450k€550k▲
Trade debts44€217k€538k▲
Suppliers440/4€217k€538k▲
Taxes, remuneration and social security45€55k€55k▲
Taxes450/3€9k€4k▼
Remuneration and social security454/9€46k€51k▲
Other amounts payable47/48€0€23k▲
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€696k€753k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€71k▼
Other operating charges640/8€20k€22k▲
Gross operating margin9900€879k€922k▲
Operating profit (loss)9901€87k€77k▼
Financial income75/76B€71€0▼
Recurring financial income75€71€0▼
Financial charges65/66B€52k€52k▼
Recurring financial charges65€52k€52k▼
Profit (loss) for the period before taxes9903€35k€25k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€31k€21k▼
Profit (loss) for the period to be appropriated9905€31k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€21k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€31k€21k▼
To other reserves6921€31k€21k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908710.010.5▲
The notes to these accounts (24 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-173k ▼894%
Net result drops to €-173k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Zele · 1 establishment unit since 1984
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.
Lokerenbaan 2379240 ZeleGround area
771 m²
Building footprint
175 m²
Volume, LiDAR
1,015 m³
Parcel 42403E0208/00Z000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SCHRIJNWERKEN WATERSCHOOT
since 19842.023.740.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403E0208/00Z000 | Flanders | 771 m² | 1 · 175 m² | 8.8 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,737 EUR awarded · 1,737 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,737 EUR | 1,737 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categorySCHRIJNWERKEN WATERSCHOOT NV17167
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Vresse-sur-Semois · Eq €708,283
jomob
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 5,199 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.