SP
ActiveSummary
The computed 12-month bankruptcy probability of SP is 2.3% (moderate). The 2024 annual accounts show equity of €37k and a net result of €6k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 6717 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-46
Solvency48▲+2
Growth35▲+13
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.19 against 1.14 in 2023; short-term debt: 61.5% and cash: 6.8% of total assets), and 76.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
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 · 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 2024Solvency, return and age of the figures
Solvency
23.2%
Return on assets
3.7%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €37k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
8 d early
2022
73 d late
2021
89 d late
2020
76 d late
2019
104 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€310k▼ 21.0%
2023 · €393k
2018: €848k
2019: €830k
2020: €611k
2021: €617k
2022: €447k
2023: €393k
2018 → 2024
EBIT margin
-14.5%▼ 20.8pp
2023 · 6.3%
2018: 4.1%
2019: 2.0%
2020: 3.1%
2021: -5.8%
2022: -1.7%
2023: 6.3%
2018 → 2024
Net result
€6k▼ 64.5%
2023 · €17k
2018: €25k
2019: €8k
2020: €3k
2021: €-37k
2022: €5k
2023: €17k
2018 → 2024
Working capital
€18k▲ 47.9%
2023 · €12k
2018: €-8k
2019: €21k
2020: €56k
2021: €-9k
2022: €-2k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€611k-€617k▲ 0.9%€447k▼ 27.5%€393k▼ 12.1%€310k▼ 21.0%
Equity€46k-€10k▼ 79.4%€14k▲ 48.2%€31k▲ 118%€37k▲ 19.2%
Operating result€19k-€-36k€-7k▲ 79.4%€25k€-45k
Net result€3k-€-37k€5k€17k▲ 261%€6k▼ 64.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €45k after €25k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158k
Fixed assets
€43k ▲ 0.2%
Current assets
€115k ▲ 13.1%
Equity and liabilities €158k
Equity
€37k ▲ 19.2%
Debt
€121k ▲ 6.6%
Debt's share of the balance-sheet total falls from 78.7% to 76.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-40k▼
2023 · €29k
Cash flow
€11k▼
2023 · €21k
Current ratio
1.19▲
2023 · 1.14
Debt to equity
3.31▼
2023 · 3.70
ROE
16.1%▼
2023 · 54.0%
ROA
3.7%▼
2023 · 11.5%
Interest coverage
-10.51▼
2023 · 4.32
Debt ≤ 1 year
€97k▲
2023 · €90k
Debt > 1 year
€24k=
2023 · €24k
Income taxes
€4k▼
2023 · €7k
Staff costs
€54k▼
2023 · €104k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€144k€158k▲
Fixed assets21/28€43k€43k▲
Tangible fixed assets22/27€8k€8k▲
Furniture and vehicles24€8k€8k▲
Financial fixed assets28€34k€34k=
Current assets29/58€102k€115k▲
Amounts receivable within one year40/41€89k€104k▲
Trade receivables40€28k€45k▲
Other amounts receivable41€62k€59k▼
Cash at bank and in hand54/58€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€144k€158k▲
Equity10/15€31k€37k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€10k€16k▲
Amounts payable17/49€114k€121k▲
Amounts payable after more than one year17€24k€24k=
Other amounts payable178/9€24k€24k=
Amounts payable within one year42/48€90k€97k▲
Current portion of amounts payable after more than one year42€25k€25k=
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€57k€62k▲
Taxes450/3€53k€57k▲
Remuneration and social security454/9€4k€5k▲
Income statement
Code20232024
Turnover70€393k€310k▼
Goods, raw materials, services and sundry goods60/61€225k€269k▲
Remuneration, social security and pensions62€104k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€35k€28k▼
Gross operating margin9900€168k€41k▼
Operating profit (loss)9901€25k€-45k▼
Financial income75/76B€5k€59k▲
Recurring financial income75€5k€59k▲
Non-recurring financial income76B€5k€59k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Non-recurring financial charges66B€169€1▼
Profit (loss) for the period before taxes9903€23k€10k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€17k€6k▼
Profit (loss) for the period to be appropriated9905€17k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€16k▲
Profit (loss) brought forward from the previous period14P€-6k€10k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Weakest financial yearnet €-37k ▼1221%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 104 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 9 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 63 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 73 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 200 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Sint-Jans-Molenbeek · 1 establishment unit since 2008
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.
Potaerdegatstraat 871080 Sint-Jans-MolenbeekGround area
432 m²
Building footprint
366 m²
Volume, LiDAR
12,125 m³
2 parcels, Brussels · tallest building 47.1 m, ±15 floors. Linked by address, not a title deed.
1 establishment unit
SP
since 20082.173.952.914
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0096/00V000 | Brussels | 318 m² | 1 · 250 m² | 47.1 m · 15 fl. |
| 21526D0041/00L002indicative | Brussels | 115 m² | 1 · 116 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
V.S.T. TRANS
BE 0473.568.351
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BE 0697.829.381
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VETRON
BE 0568.618.948
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INFINITY TRANSPORT
BE 0711.968.716
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CENTRE MANUTENTION LOGISTIQUE
BE 0432.514.486
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,733 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
Founded07-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.