Skiline
ActiveSummary
Skiline has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.63M and a net result of €441k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 93% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 9.77 against 4.86 in 2024; short-term debt: 9.2% and cash: 83% of total assets), and 9.2% 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 79
Relative position
BE, all sectors
reference
Sector 79
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
90.8%
Return on assets
24.6%
Age of the figures
12 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.63M
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-12-2025, 136 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
136 d early
2024
1 d early
2023
57 d late
2022
193 d late
2021
83 d late
2020
on the day
2019
98 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.63M▲ 37.1%
2024 · €1.19M
2018: €-163k
2019: €73k
2020: €-192k
2021: €-57k
2022: €59k
2023: €74k
2024: €1.19M
2018 → 2025
Total assets
€1.80M▲ 23.8%
2024 · €1.45M
2018: €485k
2019: €577k
2020: €413k
2021: €206k
2022: €837k
2023: €632k
2024: €1.45M
2018 → 2025
Net result
€441k▲ 204%
2024 · €145k
2018: €-195k
2019: €-14k
2020: €-266k
2021: €-364k
2022: €116k
2023: €14k
2024: €145k
2018 → 2025
Working capital
€1.46M▲ 49.7%
2024 · €974k
2018: €-136k
2019: €88k
2020: €48k
2021: €-166k
2022: €-157k
2023: €-154k
2024: €974k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-57k-€59k€74k▲ 24.0%€1.19M▲ 1,517%€1.63M▲ 37.1%
Operating result€-360k-€119k€20k▼ 83.5%€93k▲ 374%€390k▲ 320%
Net result€-364k-€116k€14k▼ 87.7%€145k▲ 920%€441k▲ 204%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 320% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.80M
Fixed assets
€173k ▼ 23.0%
Current assets
€1.62M ▲ 32.4%
Equity and liabilities €1.80M
Equity
€1.63M ▲ 37.1%
Debt
€166k ▼ 36.4%
Debt's share of the balance-sheet total falls from 18.0% to 9.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€473k▲
2024 · €175k
Cash flow
€524k▲
2024 · €227k
Current ratio
9.77▲
2024 · 4.86
Quick ratio
9.39▲
2024 · 4.55
Debt to equity
0.10▼
2024 · 0.22
ROE
27.1%▲
2024 · 12.2%
ROA
24.6%▲
2024 · 10.0%
Interest coverage
80.40▲
2024 · 28.00
Debt ≤ 1 year
€166k▼
2024 · €253k
Income taxes
€-78▼
2024 · €750
Staff costs
€193k▲
2024 · €171k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.45M€1.80M▲
Fixed assets21/28€225k€173k▼
Intangible fixed assets21€185k€138k▼
Tangible fixed assets22/27€35k€30k▼
Plant, machinery and equipment23€20k€15k▼
Furniture and vehicles24€14k€14k▼
Other tangible fixed assets26€1k€873▼
Financial fixed assets28€5k€5k▲
Current assets29/58€1.23M€1.62M▲
Stocks and contracts in progress3€78k€63k▼
Stocks30/36€78k€63k▼
Amounts receivable within one year40/41€342k€57k▼
Trade receivables40€318k€39k▼
Other amounts receivable41€24k€18k▼
Cash at bank and in hand54/58€797k€1.49M▲
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.80M▲
Equity10/15€1.19M€1.63M▲
Contributions10/11€1.96M€1.96M=
Profit (loss) carried forward14€-772k€-331k▲
Amounts payable17/49€262k€166k▼
Amounts payable within one year42/48€253k€166k▼
Financial debts43€104€0▼
Credit institutions430/8€104€0▼
Trade debts44€232k€60k▼
Suppliers440/4€232k€60k▼
Advances received on contracts in progress46€0€35k▲
Taxes, remuneration and social security45€21k€71k▲
Taxes450/3€2k€371▼
Remuneration and social security454/9€19k€70k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€9k€0▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€171k€193k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€83k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€3k€2k▼
Gross operating margin9900€348k€669k▲
Operating profit (loss)9901€93k€390k▲
Financial income75/76B€59k€57k▼
Recurring financial income75€59k€57k▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€146k€441k▲
Income taxes67/77€750€-78▼
Profit (loss) for the period9904€145k€441k▲
Profit (loss) for the period to be appropriated9905€145k€441k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-772k€-331k▲
Profit (loss) brought forward from the previous period14P€-917k€-772k▲
Social balance
Average headcount (FTE)90873.33.1▼
The notes to these accounts (16 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
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-09
Financial
Highest result since 2018net €441k ▲204%
Operating result €390k, net result €441k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 9.77
Current ratio from 4.86 to 9.77; short-term debt falls from €253k to €166k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity times 7current ratio 4.86
Current ratio from 0.72 to 4.86; short-term debt falls from €558k to €253k.
30-09
Financial
Equity above €1MEq €1.19M ▲1517%
3 profitable years in a row build equity to €1.19M.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 193 days late
2022
30-09
Financial
Back to profitnet €116k
Net result €116k after 4 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 83 days late
2021
30-09
Financial
Weakest financial yearnet €-364k
Net result drops to €-364k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
30-01
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
15 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, Aartselaar · 1 establishment unit since 2015
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.
Langlaarsteenweg 174+2630 AartselaarGround area
128 m²
Building footprint
78 m²
Volume, LiDAR
526 m³
Parcel 11372D0022/00W002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Skiline
since 20152.242.068.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0022/00W002 | Flanders | 128 m² | 1 · 78 m² | 10.5 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.
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Of 1,437 companies in sector 79110 we hold annual accounts for 880. 391 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
Founded24-06-2013
Fiscal year end30-09
Activities, NACEBEL 2025
79110Travel agency activities
79120Travel agency, tour operator and other reservation service and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.