BOUWONDERNEMING SPRIET
ActiveBOUWONDERNEMING SPRIET has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €522k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 46% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▼-8
Solvency82▼-4
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 4.3 in 2023), but 65.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
92 d late
2022
91 d late
2021
152 d late
2020
151 d late
2019
311 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€522k▲ 1.0%
2023 · €517k
2018: €583k
2019: €592k
2020: €505k
2021: €483k
2022: €504k
2023: €517k
2018 → 2024
Total assets
€1.50M▲ 8.1%
2023 · €1.39M
2018: €3.06M
2019: €2.34M
2020: €2.45M
2021: €1.39M
2022: €1.29M
2023: €1.39M
2018 → 2024
Net result
€5k▼ 61.9%
2023 · €13k
2018: €10k
2019: €9k
2020: €-87k
2021: €-22k
2022: €20k
2023: €13k
2018 → 2024
Working capital
€1.02M▼ 3.2%
2023 · €1.05M
2018: €2.44M
2019: €1.19M
2020: €1.40M
2021: €885k
2022: €1.07M
2023: €1.05M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€505k-€483k▼ 4.3%€504k▲ 4.2%€517k▲ 2.6%€522k▲ 1.0%
Operating result€-50k-€15k€20k▲ 31.8%€15k▼ 21.6%€58k▲ 274%
Net result€-87k-€-22k▲ 75.1%€20k€13k▼ 36.0%€5k▼ 61.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 274% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.50M
Fixed assets
€15k▼ 29.8%
Current assets
€1.49M▲ 8.7%
Equity and liabilities €1.50M
Equity
€522k▲ 1.0%
Provisions
€305k=
Debt
€678k▲ 18.9%
The debt ratio rises from 41.0% to 45.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€64k▲
2023 · €22k
Cash flow
€12k▼
2023 · €20k
Solvency
34.7%▼
2023 · 37.1%
Current ratio
3.15▼
2023 · 4.30
Quick ratio
1.69▲
2023 · 1.15
Debt / equity
1.30▲
2023 · 1.10
ROE
1.0%▼
2023 · 2.5%
ROA
0.3%▼
2023 · 0.9%
Interest coverage
1.14▲
2023 · 0.79
Debt
€678k▲
2023 · €570k
Debt ≤ 1 year
€472k▲
2023 · €319k
Debt > 1 year
€190k▼
2023 · €238k
Income taxes
€5k▼
2023 · €5k
Staff costs
€60k▲
2023 · €55k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.39M€1.50M▲
Fixed assets21/28€21k€15k▼
Tangible fixed assets22/27€20k€13k▼
Land and buildings22€11k€7k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.37M€1.49M▲
Stocks and contracts in progress3€1.00M€689k▼
Stocks30/36€252k€52k▼
Contracts in progress37€751k€638k▼
Amounts receivable within one year40/41€359k€791k▲
Trade receivables40€325k€785k▲
Other amounts receivable41€35k€6k▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€493€970▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.50M▲
Equity10/15€517k€522k▲
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Profit (loss) carried forward14€353k€358k▲
Provisions and deferred taxes16€305k€305k=
Provisions for liabilities and charges160/5€305k€305k=
Pensions and similar obligations160€305k€305k=
Amounts payable17/49€570k€678k▲
Amounts payable after more than one year17€238k€190k▼
Financial debts170/4€238k€190k▼
Amounts payable within one year42/48€319k€472k▲
Current portion of amounts payable after more than one year42€72k€110k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€199k€343k▲
Suppliers440/4€199k€343k▲
Advances received on contracts in progress46€15k-
Taxes, remuneration and social security45€29k€17k▼
Taxes450/3€24k€5k▼
Remuneration and social security454/9€5k€13k▲
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€13k€15k▲
Income statement
Code20232024
Non-recurring operating income76A€13k€144k▲
Remuneration, social security and pensions62€55k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€82k€130k▲
Operating profit (loss)9901€15k€58k▲
Financial income75/76B€31k€8k▼
Recurring financial income75€31k€8k▼
Financial charges65/66B€28k€57k▲
Recurring financial charges65€28k€57k▲
Profit (loss) for the period before taxes9903€18k€10k▼
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€13k€5k▼
Profit (loss) for the period to be appropriated9905€13k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€353k€358k▲
Profit (loss) brought forward from the previous period14P€340k€353k▲
Social balance
Average headcount (FTE)90873.02.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 6.55
Current ratio from 2.86 to 6.55; short-term debt falls from €475k to €193k.
31-12
Financial
Equity above €500kEq €504k ▲4.2%
Equity rises from €483k to €504k.
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 152 days late
2021
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 151 days late
07-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 311 days late
2020
31-12
Financial
Weakest financial yearnet €-87k ▼1093%
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 107 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 421 days late
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 310 days late
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 115 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-09-2019
Resigned as Director
20-09-2019
Resigned as Managing director
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 1989
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.
Rumbeeksestraat 478870 IzegemGround area
2,321 m²
Building footprint
363 m²
Volume, LiDAR
1,987 m³
Parcel 36009A0448/00N000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOUWONDERNEMING SPRIET
since 19892.044.049.128
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36009A0448/00N000 | Flanders | 2,321 m² | 1 · 363 m² | 10.1 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.
Similar companies · same sector, comparable size
THOMAS MARIËN
BE 0672.880.684
Nijlen · Eq €522k
H&F RENOVATIE
BE 0588.963.412
Koksijde · Eq €522k
CATTOIR KRIS
BE 0477.259.202
Wichelen · Eq €521k
VERBISOL
BE 0698.991.205
Aalter · Eq €521k
DE KONINCK ROBBY
BE 0827.503.436
Aalst · Eq €522k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 8,978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-06-1989
Fiscal year end31-12
Abbreviation NL
SPRIET
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.