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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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SCHELL PROJECTS from Oud-Turnhout, company number BE0437364387, closed financial year 2025 with a result of € 148,306 after tax. For that financial year SCHELL PROJECTS recorded a gross margin of € 379,091 and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -291,988 to € 148,306. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 4.4 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 148,306
▲ still € 291,988 loss in 2024
Profit after tax over the fiscal year.
€ 133,066
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2 million.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 180,754
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,968
▼ 24% 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.
€ 7,752
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,397
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,637,192 | € 4,300 | € -7,812 | € 379,091 | ▲ € 386,903 |
| Profit after taxes | € 2,798,918 | € -155,973 | € -291,988 | € 148,306 | ▲ € 440,295 |
| Equity | € 4,663,546 | € 4,507,573 | € 4,215,584 | € 4,363,891 | ▲ 4% |
| Total debts | € 127,643 | € 3,482,504 | € 7,003,976 | € 8,269,655 | ▲ 18% |
| Cash | € 1,797,832 | € 4,469,571 | € 5,126,157 | € 133,066 | ▼ 97% |
| Land & buildings | € 701,776 | € 2,638,784 | € 3,464,608 | € 4,683,604 | ▲ 35% |
| Retained profit | € 2,280,829 | € 2,124,856 | € 1,832,868 | € 1,981,174 | ▲ 8% |
| Balance sheet total | € 5,434,202 | € 8,629,992 | € 11,851,485 | € 13,254,211 | ▲ 12% |
| Employees (FTE) | 0.8 | 0.8 | 0.8 | 0.8 |
Key figures of SCHELL PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SCHELL PROJECTS?
What happened at SCHELL PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 148,306. Source: NBB ↗
- Pascalle DE VRIES became a director. NBB
- New establishment in Arendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.8 million profit in 2022 to € 148,306 profit in 2025.
Paid € 123,122 in corporate taxes since 2022.
Best year ever: 2022, with € 2.8 million profit.
Management
The stake of DEN AREND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SCHELL PROJECTSBehind SCHELL PROJECTS is Pascalle DE VRIES. The shares are held by DEN AREND (52%).
Establishments
Establishment units
Physical locations of this company
Lentedreef 3
2360 Oud-Turnhout
Hoge Mauw 16 C
2370 Arendonk
Active since 22 May 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.364.387
- VAT number
- BE 0437.364.387
- Registered office
- Lentedreef 3, 2360 Oud-Turnhout
- Names & denominations
- SCHELL PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 1989
- Peppol
- Active · Active since 26 Mar 2026
- Activities · NACE
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