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SKYWORKERS

Active
Private limited companyfounded 201412 yrs activeVennen(HRT) 5, 2200 Herentals, BelgiumKBO/BCE: BE 0554.979.263

SKYWORKERS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €858k and a net result of €353k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88=
Solvency63▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.71 in 2024; short-term debt: 47.6% and cash: 16.8% of total assets), but 61.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38.2%
Return on assets
15.7%
Age of the figures
15 mo
lowers risk · 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
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
on the day
2023
6 d early
2022
on the day
2021
89 d late
2020
38 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
neutral · 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 2025, abbreviated schema

Equity
€858k▲ 6.5%
2024 · €805k
2019: €722k 2020: €774k 2021: €710k 2022: €715k 2023: €780k 2024: €805k
2019 → 2025
Total assets
€2.25M▲ 28.3%
2024 · €1.75M
2019: €2.43M 2020: €1.97M 2021: €1.28M 2022: €1.96M 2023: €1.70M 2024: €1.75M
2019 → 2025
Net result
€353k▲ 28.1%
2024 · €275k
2019: €1.57M 2020: €103k 2021: €-64k 2022: €5k 2023: €65k 2024: €275k
2019 → 2025
Working capital
€984k▲ 52.2%
2024 · €646k
2019: €473k 2020: €634k 2021: €556k 2022: €735k 2023: €701k 2024: €646k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€710k-€715k▲ 0.7%€780k▲ 9.1%€805k▲ 3.2%€858k▲ 6.5%
Operating result€-55k-€27k€132k▲ 388%€328k▲ 149%€416k▲ 27.0%
Net result€-64k-€5k€65k▲ 1,291%€275k▲ 325%€353k▲ 28.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2021: €-55k€-55kNet result 2021: €-64k€-64kOperating result 2022: €27k€27kNet result 2022: €5k€5kOperating result 2023: €132k€132kNet result 2023: €65k€65kOperating result 2024: €328k€328kNet result 2024: €275k€275kOperating result 2025: €416k€416kNet result 2025: €353k€353k20212022202320242025
The operating result has risen four years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.25M
Fixed assets €192k▲ 0.6%
Current assets €2.05M▲ 31.7%
Equity and liabilities €2.25M
Equity €858k▲ 6.5%
Debt €1.39M▲ 46.8%
The debt ratio rises from 54.0% to 61.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€494k
2024 · €402k
Cash flow
€431k
2024 · €350k
Solvency
38.2%
2024 · 46.0%
Current ratio
1.92
2024 · 1.71
Quick ratio
1.92
2024 · 1.35
Debt / equity
1.62
2024 · 1.17
ROE
41.1%
2024 · 34.2%
ROA
15.7%
2024 · 15.7%
Interest coverage
26.89
2024 · 11.22
Debt
€1.39M
2024 · €946k
Debt ≤ 1 year
€1.07M
2024 · €913k
Debt > 1 year
€42k
2024 · €32k
Income taxes
€51k
2024 · €18k
Staff costs
€813k
2024 · €900k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.75M€2.25M
Fixed assets21/28€191k€192k
Tangible fixed assets22/27€185k€185k
Land and buildings22€47k€40k
Plant, machinery and equipment23€54k€51k
Furniture and vehicles24€17k€11k
Leasing and similar rights25€63k€81k
Other tangible fixed assets26€4k€3k
Financial fixed assets28€6k€7k
Current assets29/58€1.56M€2.05M
Amounts receivable after more than one year29€100k€200k
Other amounts receivable291€100k€200k
Stocks and contracts in progress3€326k€0
Contracts in progress37€326k€0
Amounts receivable within one year40/41€1.00M€1.35M
Trade receivables40€527k€694k
Other amounts receivable41€478k€661k
Cash at bank and in hand54/58€106k€377k
Deferred charges and accrued income490/1€23k€123k
Equity and liabilities
Total equity and liabilities10/49€1.75M€2.25M
Equity10/15€805k€858k
Contributions10/11€6k€6k=
Reserves13€799k€852k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€799k€852k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€946k€1.39M
Amounts payable after more than one year17€32k€42k
Financial debts170/4€32k€42k
Amounts payable within one year42/48€913k€1.07M
Current portion of amounts payable after more than one year42€136k€47k
Financial debts43€0€75k
Credit institutions430/8€0€75k
Trade debts44€306k€371k
Suppliers440/4€306k€371k
Advances received on contracts in progress46-€146k
Taxes, remuneration and social security45€85k€70k
Taxes450/3€2k€2k
Remuneration and social security454/9€83k€68k
Other amounts payable47/48€386k€361k
Accrued charges and deferred income492/3€0€276k
Income statement Code20242025
Non-recurring operating income76A€18k€0
Remuneration, social security and pensions62€900k€813k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€78k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€86k
Other operating charges640/8€45k€6k
Non-recurring operating charges66A€1k€0
Gross operating margin9900€1.35M€1.40M
Operating profit (loss)9901€328k€416k
Financial income75/76B€2k€6k
Recurring financial income75€2k€6k
Financial charges65/66B€36k€18k
Recurring financial charges65€36k€18k
Profit (loss) for the period before taxes9903€293k€404k
Income taxes67/77€18k€51k
Profit (loss) for the period9904€275k€353k
Profit (loss) for the period to be appropriated9905€275k€353k
Appropriation of the result
Profit (loss) to be appropriated9906€275k€353k
Transfer to equity691/2€25k€53k
To other reserves6921€25k€53k
Profit to be distributed694/7€250k€300k
Directors or managers695€250k€300k
Social balance
Average headcount (FTE)908714.812.9

The notes to these accounts (24 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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
07-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
30-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
30-06
Financial Weakest financial yearnet €-64k ▼162%
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
10-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 38 days late
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
02-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-01
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
7 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, Herentals · 1 establishment unit since 2015
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.

Vennen(HRT) 52200 Herentals
Ground area
2,868 m²
Building footprint
802 m²
Volume, LiDAR
4,355 m³
Parcel 13302C0593/00H000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Skyworkers
Vennen(HRT) 5, 2200 HerentalsManufacture of metal structures and parts of structures
since 20152.251.173.624
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302C0593/00H000 Flanders 2,868 m² 1 · 802 m² 6.9 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

2022 to 2025 · 7 entries · 36,710 EUR awarded · 34,023 EUR paid
Year Entries awardedpaid
2025 1 7,586 EUR8,323 EUR
2024 2 10,099 EUR7,067 EUR
2023 2 10,565 EUR11,469 EUR
2022 2 8,460 EUR7,164 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 29,680 EUR · 26,993 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
2 entries · 6,070 EUR · 6,070 EUR paid · Departement Werk en Sociale Economie
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
1 entry · 960 EUR · 960 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 769 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-06-2014
Fiscal year end30-06
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0496/988629
Enterprise