Scott Industries

Active

Private limited companyfounded 201214 yrs activeRemise 15, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0847.560.264

Scott Industries has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €6k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

56 / 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

Profitability31=

Solvency65▲+2

Growth78=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity ample (current ratio 1.64 against 1.57 in 2023; short-term debt: 59.4% and cash: 0.1% of total assets), but 60% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 20

Relative position

BE, all sectors

reference

Sector 20

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

20 d late

2023

57 d late

2022

6 d early

2021

29 d early

2020

9 d late

2019

90 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€174k▲ 3.8%

2023 · €167k

2018: €130k 2019: €133k 2020: €140k 2021: €151k 2022: €160k 2023: €167k

2018 → 2024

Total assets

€434k▼ 1.6%

2023 · €441k

2018: €339k 2019: €326k 2020: €344k 2021: €419k 2022: €443k 2023: €441k

2018 → 2024

Net result

€6k▼ 18.6%

2023 · €8k

2018: €2k 2019: €3k 2020: €7k 2021: €11k 2022: €9k 2023: €8k

2018 → 2024

Working capital

€164k▲ 6.7%

2023 · €154k

2018: €129k 2019: €134k 2020: €141k 2021: €153k 2022: €140k 2023: €154k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€140k-€151k▲ 7.8%€160k▲ 5.8%€167k▲ 4.9%€174k▲ 3.8%

Operating result€13k-€21k▲ 53.5%€10k▼ 50.3%€15k▲ 46.7%€18k▲ 17.6%

Net result€7k-€11k▲ 66.5%€9k▼ 20.1%€8k▼ 10.1%€6k▼ 18.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 18% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €434k

97.2%

Fixed assets €12k▼ 29.1%

Current assets €422k▼ 0.5%

Equity and liabilities €434k

40.0%

60.0%

Equity €174k▲ 3.8%

Debt €260k▼ 4.9%

The debt ratio falls from 62.1% to 60.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€23k▲

2023 · €20k

Cash flow

€11k▼

2023 · €13k

Solvency

40.0%▲

2023 · 37.9%

Current ratio

1.64▲

2023 · 1.57

Quick ratio

1.63▲

2023 · 1.54

Debt / equity

1.50▼

2023 · 1.64

ROE

3.7%▼

2023 · 4.7%

ROA

1.5%▼

2023 · 1.8%

Interest coverage

1.20▲

2023 · 1.20

Debt

€260k▼

2023 · €274k

Debt ≤ 1 year

€258k▼

2023 · €270k

Income taxes

€3k▼

2023 · €3k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€441k€434k▼

Fixed assets21/28€17k€12k▼

Tangible fixed assets22/27€17k€12k▼

Plant, machinery and equipment23€17k€12k▼

Current assets29/58€424k€422k▼

Amounts receivable after more than one year29€248k€248k=

Other amounts receivable291€248k€248k=

Stocks and contracts in progress3€8k€2k▼

Stocks30/36€8k€2k▼

Amounts receivable within one year40/41€168k€165k▼

Trade receivables40€62k€44k▼

Other amounts receivable41€106k€120k▲

Cash at bank and in hand54/58€46€421▲

Deferred charges and accrued income490/1-€7k

Equity and liabilities

Total equity and liabilities10/49€441k€434k▼

Equity10/15€167k€174k▲

Contributions10/11€100k€100k=

Reserves13€54k€54k=

Distributable reserves133€54k€54k=

Profit (loss) carried forward14€13k€20k▲

Amounts payable17/49€274k€260k▼

Amounts payable within one year42/48€270k€258k▼

Financial debts43€169k€119k▼

Credit institutions430/8€169k€119k▼

Trade debts44€28k€54k▲

Suppliers440/4€28k€54k▲

Taxes, remuneration and social security45€6k€5k▼

Taxes450/3€6k€5k▼

Other amounts payable47/48€67k€79k▲

Accrued charges and deferred income492/3€4k€3k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=

Other operating charges640/8€496€724▲

Gross operating margin9900€21k€23k▲

Operating profit (loss)9901€15k€18k▲

Financial income75/76B€12k€10k▼

Recurring financial income75€12k€10k▼

Financial charges65/66B€17k€19k▲

Recurring financial charges65€17k€19k▲

Profit (loss) for the period before taxes9903€11k€9k▼

Income taxes67/77€3k€3k▼

Profit (loss) for the period9904€8k€6k▼

Profit (loss) for the period to be appropriated9905€8k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€21k€20k▼

Profit (loss) brought forward from the previous period14P€13k€13k=

Transfer to equity691/2€8k-

To other reserves6921€8k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

2025

20-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 20 days late

2024

26-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 57 days late

2023

25-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

02-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Highest result since 2018net €11k ▲66.5%

Operating result €21k, net result €11k, both a record.

31-12

Financial Equity above €150kEq €151k ▲7.8%

4 profitable years in a row build equity to €151k.

09-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 9 days late

2020

29-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 90 days late

2019

17-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 17 days late

2018

28-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

16-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 16 days late

2016

27-09

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 58 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

20-11-2023 Resigned as Director

Location & real-estate footprint

Registered office, Hamont-Achel · 1 establishment unit since 2012

establishment The establishment unit on the map

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.

Remise 153930 Hamont-Achel

Ground area

6,619 m²

Building footprint

2,762 m²

Volume, LiDAR