SP AVOCAT
ActiveSP AVOCAT has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €21k. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+57
Solvency40▼-8
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.23 in 2024; short-term debt: 84.7% and cash: 81.1% of total assets), and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.3%
Return on assets
31.6%
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 17% of 12690 sector peers (2025).
NBB · sector comparisonPosition among 12690 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
21 d early
2023
12 d early
2022
25 d early
2021
34 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 39.4%
2024 · €17k
2021: €20k
2022: €26k
2023: €32k
2024: €17k
2021 → 2025
Total assets
€67k▼ 9.7%
2024 · €75k
2021: €75k
2022: €52k
2023: €50k
2024: €75k
2021 → 2025
Net result
€21k
2024 · €-114
2021: €15k
2022: €6k
2023: €7k
2024: €-114
2021 → 2025
Working capital
€4k▼ 68.9%
2024 · €13k
2021: €15k
2022: €20k
2023: €28k
2024: €13k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€26k▲ 27.4%€32k▲ 25.3%€17k▼ 47.5%€10k▼ 39.4%
Operating result€20k-€8k▼ 58.1%€11k▲ 29.1%€3k▼ 71.0%€30k▲ 857%
Net result€15k-€6k▼ 63.6%€7k▲ 17.4%€-114€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 857% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€6k▲ 63.9%
Current assets
€61k▼ 13.6%
Equity and liabilities €67k
Equity
€10k▼ 39.4%
Debt
€57k▼ 0.9%
The debt ratio rises from 77.2% to 84.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €6k
Cash flow
€24k▲
2024 · €3k
Solvency
15.3%▼
2024 · 22.8%
Current ratio
1.07▼
2024 · 1.23
Quick ratio
1.07▼
2024 · 1.23
Debt / equity
5.53▲
2024 · 3.38
ROE
206.7%▲
2024 · -0.7%
ROA
31.6%▲
2024 · -0.2%
Interest coverage
17.47▲
2024 · 2.97
Debt
€57k▼
2024 · €58k
Debt ≤ 1 year
€57k▼
2024 · €58k
Income taxes
€7k▲
2024 · €1k
Staff costs
€19k▲
2024 · €15k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€75k€67k▼
Formation expenses20€0€0=
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Land and buildings22€1k€72▼
Plant, machinery and equipment23€108€0▼
Furniture and vehicles24€2k€6k▲
Current assets29/58€71k€61k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€16k€3k▼
Trade receivables40€3k€2k▼
Other amounts receivable41€13k€2k▼
Cash at bank and in hand54/58€52k€55k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€75k€67k▼
Equity10/15€17k€10k▼
Contributions10/11€5k€5k=
Reserves13€12k€5k▼
Distributable reserves133€12k€5k▼
Amounts payable17/49€58k€57k▼
Amounts payable within one year42/48€58k€57k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Advances received on contracts in progress46€33k€16k▼
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€4k€7k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€15k€28k▲
Income statement
Code20242025
Remuneration, social security and pensions62€15k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€809▼
Non-recurring operating charges66A€20€103▲
Gross operating margin9900€22k€52k▲
Operating profit (loss)9901€3k€30k▲
Financial income75/76B€257€745▲
Recurring financial income75€257€745▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€1k€29k▲
Income taxes67/77€1k€7k▲
Profit (loss) for the period9904€-114€21k▲
Profit (loss) for the period to be appropriated9905€-114€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-114€21k▲
Transfer from equity791/2€15k€7k▼
Profit to be distributed694/7€15k€28k▲
Return on contributions (dividend)694€15k€28k▲
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
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-114 ▼102%
Net result drops to €-114, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Charleroi · 1 establishment unit since 2021
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.
Boulevard Paul Janson 826000 CharleroiGround area
188 m²
Building footprint
66 m²
Volume, LiDAR
1,129 m³
Parcel 52011B0239/00T133, Wallonia · tallest building 26.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SP AVOCAT
since 20212.312.516.523
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0239/00T133 | Wallonia | 187 m² | 1 · 66 m² | 26.2 m · 6 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.
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Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 4,713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2021
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.