DE SPARREHOEVE
ActiveSummary
The computed 12-month bankruptcy probability of DE SPARREHOEVE is 1.6% (moderate). The 2025 annual accounts show negative equity (€-4k) and a net result of €896. Equity is shrinking by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 14% of 4603 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+20
Solvency22▲+6
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.46 against 7.63 in 2024; short-term debt: 47.1% and cash: 19.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-3%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4603 sector peers (2025).
NBB · sector comparisonPosition among 4603 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
31 d late
2022
31 d late
2021
8 d early
2020
55 d late
2019
103 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€44k▼ 63.6%
2019 · €120k
2018: €63k
2019: €120k
2018 → 2020
EBIT margin
7.6%▲ 18.6pp
2019 · -11.0%
2018: -3.3%
2019: -11.0%
2018 → 2020
Net result
€896
2024 · €-9k
2018: €-2k
2019: €-13k
2020: €3k
2021: €-6k
2022: €-21k
2023: €-13k
2024: €-9k
2018 → 2025
Working capital
€27k▲ 12.1%
2024 · €24k
2018: €53k
2019: €41k
2020: €45k
2021: €38k
2022: €37k
2023: €29k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€18k▼ 54.9%€4k▼ 75.7%€-5k€-4k▲ 19.1%
Operating result€-4k-€-16k▼ 281%€-13k▲ 20.3%€-8k▲ 34.5%€2k
Net result€-6k-€-21k▼ 256%€-13k▲ 37.7%€-9k▲ 32.8%€896
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€39k ▲ 65.3%
Current assets
€86k ▲ 210%
Key figures and ratios
EBITDA
€16k▲
2024 · €3k
Cash flow
€15k▲
2024 · €2k
Solvency
-3.0%▲
2024 · -9.1%
Current ratio
1.46▼
2024 · 7.63
Quick ratio
1.42▼
2024 · 6.99
Debt to equity
-33.96▼
2024 · -11.96
ROA
0.7%▲
2024 · -17.5%
Interest coverage
64.36▲
2024 · 21.65
Debt
€129k▲
2024 · €56k
Debt ≤ 1 year
€59k▲
2024 · €4k
Debt > 1 year
€70k▲
2024 · €53k
Income taxes
€573▼
2024 · €639
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€51k€125k▲
Fixed assets21/28€24k€39k▲
Tangible fixed assets22/27€24k€39k▲
Furniture and vehicles24€24k€39k▲
Current assets29/58€28k€86k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€3k€58k▲
Trade receivables40€3k€58k▲
Other amounts receivable41€632-
Cash at bank and in hand54/58€22k€24k▲
Deferred charges and accrued income490/1€38€1k▲
Equity and liabilities
Total equity and liabilities10/49€51k€125k▲
Equity10/15€-5k€-4k▲
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-65k€-64k▲
Amounts payable17/49€56k€129k▲
Amounts payable after more than one year17€53k€70k▲
Other amounts payable178/9€53k€70k▲
Amounts payable within one year42/48€4k€59k▲
Trade debts44€3k€52k▲
Suppliers440/4€3k€52k▲
Taxes, remuneration and social security45€640€5k▲
Taxes450/3€640€5k▲
Other amounts payable47/48€484€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€663€1k▲
Gross operating margin9900€4k€17k▲
Operating profit (loss)9901€-8k€2k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€133€250▲
Recurring financial charges65€133€250▲
Profit (loss) for the period before taxes9903€-8k€1k▲
Income taxes67/77€639€573▼
Profit (loss) for the period9904€-9k€896▲
Profit (loss) for the period to be appropriated9905€-9k€896▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-64k▲
Profit (loss) brought forward from the previous period14P€-56k€-65k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €896
Net result €896 after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 18.75
Current ratio from 5.55 to 18.75; short-term debt falls from €8k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 6.44
Current ratio from 2.11 to 6.44; short-term debt falls from €37k to €8k.
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2016
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.
Sparrendreef 392243 ZandhovenGround area
3,087 m²
Building footprint
208 m²
Volume, LiDAR
879 m³
Parcel 11034B0560/00D000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE SPARREHOEVE
since 20162.259.245.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11034B0560/00D000 | Flanders | 3,087 m² | 1 · 208 m² | 7.2 m · 1 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
AMANA BXL
BE 0761.515.425
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OUSKADE TRANS
BE 1009.964.394
Drogenbos · Eq €4,281
GOODTRANS
BE 0764.369.304
Antwerpen · Eq €4,272
BOTRANS
BE 0794.801.964
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H2SS SERVICES
BE 0782.783.169
Zaventem · Eq €4,324
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 2,498 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
46232Wholesale trade
46382Wholesale trade
47762Retail sale of pets, pet food and pet supplies
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.