Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
S.C.I. from Chaudfontaine, company number BE0477840905, closed financial year 2025 with a result of € 5,940 after tax. For that financial year S.C.I. recorded a gross margin of € 256,771 and equity of € 2 million. Compared with financial year 2024, the result moved from € 64,770 to € 5,940. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 13, 2026.
€ 2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,940
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 294,906
▲ 177% 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 € -1 million.
People and assets in 2025
€ 7,810
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,336
▼ 30% vs 2024
€ 10,479 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,979
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,217
▼ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 495,863 | € 321,442 | € 311,187 | € 256,771 | ▼ 17% |
| Profit after taxes | € 177,713 | € 10,869 | € 64,770 | € 5,940 | ▼ 91% |
| Equity | € 1,872,814 | € 1,883,682 | € 1,948,452 | € 1,954,392 | |
| Total debts | € 1,230,213 | € 1,358,774 | € 1,176,428 | € 1,075,805 | ▼ 9% |
| Cash | € 247,074 | € 154,173 | € 106,435 | € 294,906 | ▲ 177% |
| Land & buildings | € 1,466,239 | € 1,746,434 | € 1,673,284 | € 1,600,135 | ▼ 4% |
| Retained profit | € -1,120,782 | € -1,109,913 | € -1,045,143 | € -1,039,203 | ▲ € 5,940 |
| Bank debt | € 54,850 | € 44,829 | € 34,660 | € 24,336 | ▼ 30% |
| Balance sheet total | € 3,179,076 | € 3,349,070 | € 3,224,598 | € 3,122,889 | ▼ 3% |
Key figures of S.C.I., 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 January 2027.
What happened to S.C.I.?
What happened at S.C.I. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel PIETTEUR stepped down as director. NBB
- Raphael PIETTEUR stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,940 (▼ 91% vs 2024). filed late Source: NBB ↗
- Michel PIETTEUR became a director. NBB
- Raphael PIETTEUR became a director. NBB
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 177,713 profit in 2022 to € 5,940 profit in 2025.
Paid € 925 in corporate taxes since 2022.
Best year ever: 2022, with € 177,713 profit.
A new publication or filing at S.C.I.? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Michel PIETTEUR
Director
since 2023 · until 2029
Raphael PIETTEUR
Director
Also active at: R-GROUP Holding, RENO ENERGY DOUR, BATI-SOLUTIONS, BUILDINN, TER INVEST, ECOTIP, E-NOVA
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Albert et Louis Curvers 17 box 2/1
4053 Chaudfontaine
Rue Albert et Louis Curvers 23
4053 Chaudfontaine
Active since 10 July 2002
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
- 0477.840.905
- VAT number
- BE 0477.840.905
- Registered office
- Rue Albert et Louis Curvers 17 bus 2/1, 4053 Chaudfontaine
- Names & denominations
- S.C.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2002
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen