DE SPEGHEL

Active

Partnership limited by sharesfounded 2003active for 23 yearsVosstraat 2, 8940 Wervik, BelgiumKBO/BCE: BE 0859.613.901

Summary

DE SPEGHEL has the legal form “Partnership limited by shares” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show negative equity (-€551,149) and a net result of €16,913. Equity is shrinking by about 40% per year across the filed financial years. Its solvency ranks better than 5% of 857 sector peers (NACE 55, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

DE SPEGHELActiveChecked score 35/100

Risk analysis Report Compare

Activity

Hotels and similar accommodation

NACE 55100

1 site

Size

€341,572total assets 2025

Equity: -€551,149
Profit: €16,913

Turnover not published (abbreviated or micro format)

Financial health

35 Weak Checked score 2025

Bankruptcy probability: legal form outside the model

Structure

Accounts filed 27 days late0 of 1 deed read

Signalsraises riskWeak solvency vs sectorneutralFiled after the deadlineShow the evidence

Checked score

Score 2025

35 / 100

Weak

Without a bankruptcy probability: score from the figures alone

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -161.4% of total assets

Liquidity 29+14

short-term debt 63.7% · cash 10.0%

Profitability 75+25

return on assets 5.0%

Bankruptcy probability, 12 months

The KBO gives the legal form as “Partnership limited by shares”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

No credit on open account

Liquidity insufficient (current ratio 0.19, compared with 0.07 in 2024, below 1; short-term debt: 63.7% and cash: 10% of total assets), and equity is negative.

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Signals

Two signals.

raises riskneutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 857 sector peers (2025).

NBB · sector comparison

Position among 857 sector peers

Solvency

better than 5%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

27 days late

2024

23 days late

2023

29 days late

2022

31 days late

2021

31 days late

2020

96 days late

2019

91 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed 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 30 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

18-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Back to profitnet €16,913
23-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€551,149 View
Caution: Among the weakest 5% on solvencysector median 26.7% · 857 companies -161.4% View
Positive: Back in profit in 2025after -€81,550 in 2024 €16,913 View