S+ BENELUX
ActiveSummary
S+ BENELUX has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.99M and a net result of €555k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-4
Solvency48▲+11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.14 in 2023; short-term debt: 76.6% and cash: 40.1% of total assets), and 77% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23%
Return on assets
6.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
71 d late
2021
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€36.00M
EBIT margin
2.6%
Net result
€555k▼ 52.1%
2023 · €1.16M
2021: €823k
2023: €1.16M
2021 → 2024
Working capital
€2.03M▲ 16.5%
2023 · €1.74M
2021: €606k
2023: €1.74M
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120232024Trend
Turnover€36.00M
Equity€606k-€1.72M▲ 185%€1.99M▲ 15.6%
Operating result€998k-€1.76M▲ 76.3%€939k▼ 46.6%
Net result€823k-€1.16M▲ 40.7%€555k▼ 52.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.66M
Fixed assets
€752 =
Current assets
€8.66M ▼ 38.6%
Equity and liabilities €8.66M
Equity
€1.99M ▲ 15.6%
Debt
€6.67M ▼ 46.1%
The debt ratio falls from 87.8% to 77.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.31▲
2023 · 1.14
Debt / equity
3.34▼
2023 · 7.18
ROE
27.8%▼
2023 · 67.1%
ROA
6.4%▼
2023 · 8.2%
Debt ≤ 1 year
€6.63M▼
2023 · €12.36M
Income taxes
€208k▼
2023 · €379k
Staff costs
€132k▼
2023 · €147k
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€14.10M€8.66M▼
Fixed assets21/28€752€752=
Financial fixed assets28€752€752=
Other financial fixed assets284/8-€752
Amounts receivable and cash guarantees285/8-€752
Current assets29/58€14.10M€8.66M▼
Amounts receivable within one year40/41€10.74M€5.19M▼
Trade receivables40€10.74M€5.19M▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€3.36M€3.47M▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€14.10M€8.66M▼
Equity10/15€1.72M€1.99M▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€1.72M€1.99M▲
Amounts payable17/49€12.38M€6.67M▼
Amounts payable within one year42/48€12.36M€6.63M▼
Current portion of amounts payable after more than one year42€1.68M-
Trade debts44€7.36M€5.06M▼
Suppliers440/4€7.36M€5.06M▼
Taxes, remuneration and social security45€593k€221k▼
Taxes450/3€580k€208k▼
Remuneration and social security454/9€13k€14k▲
Other amounts payable47/48€2.73M€1.35M▼
Accrued charges and deferred income492/3€20k€37k▲
Income statement
Code20232024
Operating income70/76A-€36.00M
Turnover70-€36.00M
Other operating income74-€386
Operating charges60/66A-€35.06M
Goods for resale, raw materials and consumables60-€34.29M
Purchases600/8-€34.29M
Services and other goods61-€645k
Remuneration, social security and pensions62€147k€132k▼
Other operating charges640/8€609€118▼
Gross operating margin9900€1.91M-
Operating profit (loss)9901€1.76M€939k▼
Financial income75/76B€158k€311k▲
Recurring financial income75€158k€311k▲
Income from current assets751-€94
Other financial income752/9-€311k
Financial charges65/66B€381k€487k▲
Recurring financial charges65€381k€487k▲
Debt charges650-€40k
Other financial charges652/9-€448k
Profit (loss) for the period before taxes9903€1.54M€763k▼
Income taxes67/77€379k€208k▼
Taxes670/3-€208k
Profit (loss) for the period9904€1.16M€555k▼
Profit (loss) for the period to be appropriated9905€1.16M€555k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.12M€2.27M▲
Profit (loss) brought forward from the previous period14P€962k€1.72M▲
Profit to be distributed694/7€400k€285k▼
Return on contributions (dividend)694€400k€285k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €555k ▼52.1%
Net result drops to €555k, the lowest in the series.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 71 days late
2023
31-12
Financial
Highest result since 2021net €1.16M ▲40.7%
Operating result €1.76M, net result €1.16M, both a record.
31-12
Financial
Equity above €1MEq €1.72M ▲185%
2 profitable years in a row build equity to €1.72M.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
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, Antwerpen · 1 establishment unit since 2020
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.
Lange Lozanastraat 1422018 AntwerpenGround area
949 m²
Building footprint
948 m²
Volume, LiDAR
11,726 m³
Parcel 11810K1626/00B004, Flanders · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
S+ BENELUX
since 20202.309.058.373
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1626/00B004 | Flanders | 949 m² | 1 · 948 m² | 20.4 m · 5 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500A7CC5E04811C70
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SIMON et Cie
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Of 732 companies in sector 46820 we hold annual accounts for 388. 281 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
Founded05-10-2020
Fiscal year end31-12
Abbreviation NL
Splus BENELUX
Activities, NACEBEL 2025
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.splusbenelux.com
E-mail:office@splus-benelux.com