SCHWEISSFELD
ActiveSummary
The annual accounts of SCHWEISSFELD for fiscal year 2024 show a net loss of 57% of total assets and of 55% of the equity at the start of that year. The 2024 annual accounts show equity of €7k and a net result of €-9k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 66 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency71▼-21
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.85 against 3.08 in 2023; short-term debt: 54.1% and cash: 11.6% of total assets), but 54.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.9%
Return on assets
-56.8%
Age of the figures
21 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
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 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-05-2025, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d early
2023
85 d early
2022
28 d early
2021
32 d early
2020
31 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▲ 29.6%
2023 · €-13k
2018: €2k
2019: €-11k
2020: €6k
2021: €-1k
2022: €-396
2023: €-13k
2018 → 2024
Working capital
€7k▼ 55.3%
2023 · €16k
2018: €30k
2019: €25k
2020: €31k
2021: €29k
2022: €29k
2023: €16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€31k-€29k▼ 4.6%€29k▼ 1.4%€16k▼ 44.0%€7k▼ 55.3%
Operating result€6k-€-1k€-196▲ 84.5%€-13k▼ 6,293%€-9k▲ 31.1%
Net result€6k-€-1k€-396▲ 71.8%€-13k▼ 3,104%€-9k▲ 29.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €13k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €16k
Equity
€7k ▼ 55.3%
Debt
€9k ▲ 9.5%
Debt's share of the balance-sheet total rises from 32.5% to 54.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.85▼
2023 · 3.08
Debt to equity
1.18▲
2023 · 0.48
ROE
-123.8%▼
2023 · -78.5%
ROA
-56.8%▼
2023 · -53.0%
Debt ≤ 1 year
€9k▲
2023 · €8k
Income taxes
€1▲
2023 · €1
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 · 30 lines
Balance sheet
Code20232024
Assets
Total assets20/58€24k€16k▼
Current assets29/58€24k€16k▼
Amounts receivable within one year40/41€10k€11k▲
Trade receivables40€10k€11k▲
Cash at bank and in hand54/58€14k€2k▼
Deferred charges and accrued income490/1€192€3k▲
Equity and liabilities
Total equity and liabilities10/49€24k€16k▼
Equity10/15€16k€7k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€6k€6k=
Profit (loss) carried forward14€10k€1k▼
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Other amounts payable47/48€2k€2k▲
Income statement
Code20232024
Other operating charges640/8€724€599▼
Gross operating margin9900€-12k€-8k▲
Operating profit (loss)9901€-13k€-9k▲
Financial income75/76B€3€4▲
Recurring financial income75€3€4▲
Financial charges65/66B€180€313▲
Recurring financial charges65€180€313▲
Profit (loss) for the period before taxes9903€-13k€-9k▲
Income taxes67/77€1€1▲
Profit (loss) for the period9904€-13k€-9k▲
Profit (loss) for the period to be appropriated9905€-13k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€1k▼
Profit (loss) brought forward from the previous period14P€23k€10k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 85.02
Current ratio from 31.89 to 85.02; short-term debt falls from €984 to €295.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Amel · 1 establishment unit since 2000
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.
Medell,Winkelsweg 384770 Amel1 establishment unit
Medell 111, 4770 Amel
since 20002.131.662.397
Similar companies · same sector, comparable size
VD WOODS
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BE 0778.924.747
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BE 1017.749.536
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MONGA
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DM GARDEN
BE 1000.416.428
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Of 1,556 companies in sector 02200 we hold annual accounts for 449. 130 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 formPrivate limited company
Founded18-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
02200Logging
46832Wholesale of timber
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filings
Scores and ratios are computed by Checked and are not a credit decision.