Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SCHUTTE from Kortrijk, company number BE0405479004, closed financial year 2025 with a result of € -37,887 after tax. For that financial year SCHUTTE recorded a gross margin of € 27,051 and equity of € 778,403. Compared with financial year 2024, the result moved from € -35,498 to € -37,887. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 14, 2025.
€ 778,403
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,887
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 18,544
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 741,219.
People and assets in 2025
€ 11,704
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 368
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,771
▲ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,929 | € 167,037 | € 30,909 | € 27,051 | ▼ 12% |
| Profit after taxes | € -30,921 | € 71,704 | € -35,498 | € -37,887 | ▼ € 2,389 |
| Equity | € 780,085 | € 851,789 | € 816,290 | € 778,403 | ▼ 5% |
| Total debts | € 319,008 | € 269,181 | € 267,047 | € 254,109 | ▼ 5% |
| Cash | € 44,573 | € 27,456 | € 22,367 | € 18,544 | ▼ 17% |
| Land & buildings | € 921,421 | € 732,536 | € 700,706 | € 670,140 | ▼ 4% |
| Retained profit | € 742,901 | € 814,605 | € 779,106 | € 741,219 | ▼ 5% |
| Bank debt | € 50,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,234,836 | € 1,228,396 | € 1,183,762 | € 1,126,197 | ▼ 5% |
Key figures of SCHUTTE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SCHUTTE?
What happened at SCHUTTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,887. Source: NBB ↗
- Jozef Van der Vorst became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Kortrijk. KBO
In short
From € 30,921 loss in 2022 to € 37,887 loss in 2025.
Paid € 50,749 in corporate taxes since 2022.
Best year ever: 2023, with € 71,704 profit.
Management
Behind SCHUTTE are Jozef Van der Vorst and Stephaan Schutte. Jozef Van der Vorst is also behind Martens - Sotteau.
Directors
According to the 2025 annual accounts
since 2018
Stephaan Schutte
Director
Establishments
Establishment units
Physical locations of this company
Pieter Breughelstraat(Mar) 7
8510 Kortrijk
Sint-Denijsestraat(Kor) 187
8500 Kortrijk
Active since 1 July 1961
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.479.004
- VAT number
- BE 0405.479.004
- Registered office
- Pieter Breughelstraat(Mar) 7, 8510 Kortrijk
- Names & denominations
- SCHUTTE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen