SKGS
SKGS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600k and a net result of €193k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 54% of 3015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €600k |
| Net result | €193k |
| Better than sector | 54% |
| Active | 19 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.5% | 33.3% | |
| Net result | €193k | €7k | |
| Equity | €600k | €88k | |
| Gross operating margin | €360k | €48k | |
| Total assets | €1.60M | €337k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €352k | €132k | €134k | €149k | €169k |
| Net profit | €193k | €-8k | €-2k | €5k | €44k |
| Cash flow | €334k | €125k | €126k | €140k | €160k |
| Staff costs | - | - | - | - | - |
| Income taxes | €12k | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €1.60M | €1.61M | €1.72M | €1.80M | €1.90M |
| Equity | €600k | €407k | €416k | €418k | €413k |
| Debt | €1.00M | €1.20M | €1.30M | €1.38M | €1.48M |
| of which ≤ 1y | €713k | €875k | €913k | €936k | €1.07M |
| of which > 1y | €289k | €328k | €388k | €448k | €417k |
| Working capital | €-226k | €-435k | €-424k | €-443k | €-570k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.68 | 0.50 | 0.54 | 0.53 | 0.47 |
| Quick ratio | 0.08 | 0.07 | 0.12 | 0.05 | 0.12 |
| Working capital ratio | -14.1% | -27.0% | -24.7% | -24.6% | -30.0% |
| Solvency | 37.5% | 25.3% | 24.2% | 23.2% | 21.7% |
| Debt / equity | 1.67 | 2.95 | 3.13 | 3.31 | 3.60 |
| Long-term debt ratio | 0.48 | 0.81 | 0.93 | 1.07 | 1.01 |
| Interest coverage | 51.23 | 17.36 | 15.91 | 16.28 | 19.30 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 12.0% | -0.5% | -0.1% | 0.3% | 2.3% |
| ROE | 32.1% | -2.0% | -0.6% | 1.3% | 10.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.60M | €1.61M | €1.72M | €1.80M | €1.90M |
| Fixed assets | 21/28 | €1.12M | €1.17M | €1.23M | €1.31M | €1.40M |
| Intangible fixed assets | 21 | €0 | €3k | €14k | €24k | €35k |
| Tangible fixed assets | 22/27 | €1.12M | €1.17M | €1.21M | €1.28M | €1.36M |
| Current assets | 29/58 | €487k | €440k | €489k | €494k | €498k |
| Stocks & contracts in progress | 3 | €427k | €381k | €383k | €445k | €374k |
| Amounts receivable within one year | 40/41 | €37 | €16k | €14k | €26k | €43k |
| Investments | 50/53 | €46k | - | - | - | - |
| Cash & bank | 54/58 | €11k | €40k | €89k | €20k | €78k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.60M | €1.61M | €1.72M | €1.80M | €1.90M |
| Equity | 10/15 | €600k | €407k | €416k | €418k | €413k |
| Contributions / capital | 10/11 | €464k | €464k | €464k | €464k | €464k |
| Reserves | 13 | €136k | €45k | €45k | €45k | €45k |
| Accumulated profits (losses) | 14 | €0 | €-102k | €-93k | €-91k | €-96k |
| Amounts payable | 17/49 | €1.00M | €1.20M | €1.30M | €1.38M | €1.48M |
| Amounts payable after one year | 17 | €289k | €328k | €388k | €448k | €417k |
| Amounts payable within one year | 42/48 | €713k | €875k | €913k | €936k | €1.07M |
| Trade debts payable within one year | 44 | €14k | €10k | €13k | €34k | €182k |
| Income statement | ||||||
| Gross operating margin | 9900 | €360k | €140k | €142k | €155k | €174k |
| Operating result | 9901 | €211k | €-1k | €6k | €14k | €53k |
| Financial income | 75 | €446 | €504 | €476 | €203 | €83 |
| Financial charges | 65 | €7k | €8k | €8k | €9k | €9k |
| Result before taxes | 9903 | €204k | €-8k | €-2k | €5k | €44k |
| Income taxes | 67/77 | €12k | - | - | - | - |
| Net result for the period | 9904 | €193k | €-8k | €-2k | €5k | €44k |
| Result to be appropriated | 9905 | €193k | €-8k | €-2k | €5k | €44k |
| NACE primary | Support activities for crop production(01610) |
| Legal form | Private limited company(610) |
| Incorporation | 31-08-2007 |
| Status | Active |
| Postal code | 9570 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45004A0276/00F000 | Flanders | 2,151 m² | 1 · 719 m² | 7.2 m · 1 fl. |
| 45004A0150/00C000 | Flanders | 1,036 m² | 1 · 188 m² | 0.1 m |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-04-2022 Discharge granted to the board
Technical details
{
"events": [
{
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{
"kind": "substantive_delegation",
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{
"kind": "decharge_granted",
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurders (voorheen zaakvoerders).",
"decharge_status": "granted",
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{
"kind": "decharge_granted",
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"decharge_status": "granted",
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],
"notary": {
"name": "Joost Vanderlinden",
"firm_city": null,
"firm_name": null,
"office_city": "Brakel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-04-27",
"filing_date": "2022-04-25",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-04-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2022-04-15",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2022-04-15",
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},
{
"body": "algemene_vergadering",
"date": "2022-04-15",
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},
{
"body": "algemene_vergadering",
"date": "2022-04-15",
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},
{
"body": "algemene_vergadering",
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{
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},
{
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],
"is_correction": false,
"subject_company": {
"kbo": "0891.762.966",
"name_full": "SKGS",
"legal_form": "BV"
},
"publication_proxy": {
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"org_name": null,
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},
"co_filed_documents": [
"expeditie van het proces-verbaal de dato 15 april 2022",
"verslag van het bestuursorgaan de dato 22 februari 2022",
"de geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | SKGS |