BE SPAIN PRIME 1

Active

Private limited companyfounded 2019active for 7 yearsTerhulpsesteenweg 185, 1170 Watermaal-Bosvoorde, Belgium170 active companies are registered at this addressKBO/BCE: BE 0735.710.950

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BE SPAIN PRIME 1 has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €354,157. Equity is growing by about 33% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

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BE SPAIN PRIME 1ActiveChecked score 94/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 04-10-2019 Normal situation
Legal form: Private limited company
Registered office: Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde
Activity: No activity registered in the KBO
Establishment unit: 2.307.864.382 1150 Sint-Pieters-Woluwe, since 04-10-2019
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Who decides

Board

MICHIELS MarcDirector · since 05-12-2019

Shareholders

MERAKISOL11%annual accounts 2025

Board & ownership

How it is doing

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Gross margin: -€14,826; ▼ 1.9%
Profit: €354,157; ▲ 24×
Equity: €1.5m; ▼ 37.7%
Total assets: €2.4m; ▼ 23.3%

Net result +2,257%: other schema2025 accounts on time

Filed on 31-07-2026at the National Bank

Financials

Why 94raises riskFounded in 2019lowers riskSize: total assets €2.4mFigures for financial year 2025 (filed 31-07-2026)No main activity registeredShow the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 55% of its sector peers (no NACE code, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 89-11

equity 63.6% of total assets

Liquidity 56+12

short-term debt 13.9% · cash 7.1%

Profitability 74+35

return on assets 14.6%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.3 percentage points vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.2%▼ -0.2 percentage points vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €140,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.4, compared with 1.28 in 2024, above the usual 1.5; short-term debt: 13.9% and cash: 7.1% of total assets), and 36.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 55% on solvency, 76% on liquidity, 82% on profitability and 7% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €2.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 31-07-2026)

NBB · annual accounts

No main activity registered

KBO

Founded in 2019

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

on the day

2024

134 days early

2023

190 days early

2022

17 days early

2021

3 days early

2020

44 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 50 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 filed years within 117 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Result rose in 2025different schema filed ▲ 24× View
Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Documents

Key facts about BE SPAIN PRIME 1

What is the company number of BE SPAIN PRIME 1?: 0735.710.950. In Belgium the VAT number is the company number with BE in front: BE 0735.710.950.
Where is BE SPAIN PRIME 1 based?: The registered office is at Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde.Company details
What is the legal form of BE SPAIN PRIME 1?: Private limited company (BV).
When was BE SPAIN PRIME 1 founded?: On 04-10-2019.
Is BE SPAIN PRIME 1 still active?: Yes, BE SPAIN PRIME 1 is an active enterprise in the KBO register.
What is the turnover of BE SPAIN PRIME 1?: The annual accounts for financial year 2025 state no turnover.Financials
Is BE SPAIN PRIME 1 profitable?: In financial year 2025, BE SPAIN PRIME 1 made a profit of €354,157.
Where can I find the annual accounts of BE SPAIN PRIME 1?: BE SPAIN PRIME 1 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BE SPAIN PRIME 1 due?: By 31-07-2027, for financial year 2026.Timeline