SP BOX
ActiveSummary
SP BOX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+11
Solvency38▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.99 against 0.84 in 2023; short-term debt: 85.3% and cash: 1.7% of total assets), and 87% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
13%
Return on assets
10.5%
Age of the figures
21 mo
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
31 d late
2021
123 d late
2020
310 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€55k▲ 409%
2023 · €11k
Total assets
€422k▲ 25.6%
2023 · €336k
Net result
€44k▲ 626%
2023 · €6k
Working capital
€-2k▲ 95.5%
2023 · €-51k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120232024
Operating result€-33k-€7k€-729€8k-€55k▲ 601%
Net result€-34k-€381€-3k€6k-€44k▲ 626%
Equity€-16k-€-16k▲ 2.4%€-19k▼ 22.1%€11k-€55k▲ 409%
Total assets€88k-€142k▲ 60.8%€92k▼ 34.8%€336k-€422k▲ 25.6%
Debt€104k-€157k▲ 51.2%€111k▼ 29.2%€325k-€367k▲ 12.8%
Working capital€-29k-€-46k▼ 62.2%€-53k▼ 15.3%€-51k-€-2k▲ 95.5%
Staff (FTE)0.1-1▲ 900%1=0.5-2.6▲ 420%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 601% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €422k
Fixed assets
€64k ▼ 6.3%
Current assets
€358k ▲ 33.7%
Equity and liabilities €422k
Equity
€55k ▲ 409%
Debt
€367k ▲ 12.8%
Debt's share of the balance-sheet total falls from 96.8% to 87.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2023 · €16k
Cash flow
€54k▲
2023 · €14k
Current ratio
0.99▲
2023 · 0.84
Quick ratio
0.99▲
2023 · 0.84
Debt to equity
6.67▼
2023 · 30.11
ROE
80.4%▲
2023 · 56.4%
ROA
10.5%▲
2023 · 1.8%
Interest coverage
14.02▲
2023 · 9.54
Debt ≤ 1 year
€360k▲
2023 · €318k
Debt > 1 year
€7k=
2023 · €7k
Income taxes
€6k
Staff costs
€13k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €12k | €12k | €2k | €13k | ▲ 559% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €15k | €18k | €8k | €10k | ▲ 19.2% |
| Other operating charges640/8 | - | €5k | €2k | €5k | €3k | ▼ 33.0% |
| Gross operating margin9900 | €-7k | €38k | €31k | €23k | €81k | ▲ 250% |
| Operating profit (loss)9901 | €-33k | €7k | €-729 | €8k | €55k | ▲ 601% |
| Financial income75/76B | - | €305 | €130 | - | €26 | - |
| Recurring financial income75 | €49 | €305 | €130 | - | €26 | - |
| Financial charges65/66B | - | €7k | €3k | €2k | €5k | ▲ 172% |
| Recurring financial charges65 | €1k | €7k | €3k | €2k | €5k | ▲ 172% |
| Profit (loss) for the period before taxes9903 | €-34k | €381 | €-3k | €6k | €50k | ▲ 721% |
| Income taxes67/77 | - | €1 | - | - | €6k | - |
| Profit (loss) for the period9904 | €-34k | €381 | €-3k | €6k | €44k | ▲ 626% |
| Profit (loss) for the period to be appropriated9905 | €-34k | €381 | €-3k | €6k | €44k | ▲ 626% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88k | €142k | €92k | €336k | €422k | ▲ 25.6% |
| Fixed assets21/28 | €64k | €83k | €64k | €69k | €64k | ▼ 6.3% |
| Tangible fixed assets22/27 | €59k | €76k | €58k | €63k | €58k | ▼ 6.9% |
| Land and buildings22 | - | €63k | €55k | €41k | €34k | ▼ 17.8% |
| Plant, machinery and equipment23 | - | - | - | €21k | €19k | ▼ 10.2% |
| Furniture and vehicles24 | - | €14k | €3k | €513 | €6k | ▲ 993% |
| Financial fixed assets28 | €5k | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €24k | €59k | €28k | €267k | €358k | ▲ 33.7% |
| Stocks and contracts in progress3 | - | €463 | €463 | €432 | €432 | = |
| Stocks30/36 | - | €463 | €463 | €432 | €432 | = |
| Amounts receivable within one year40/41 | €17k | €50k | €25k | €257k | €350k | ▲ 36.4% |
| Trade receivables40 | - | €42k | €22k | €228k | €294k | ▲ 28.8% |
| Other amounts receivable41 | - | €7k | €3k | €28k | €56k | ▲ 98.0% |
| Cash at bank and in hand54/58 | €7k | €9k | €3k | €10k | €7k | ▼ 30.8% |
| Deferred charges and accrued income490/1 | - | - | €159 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88k | €142k | €92k | €336k | €422k | ▲ 25.6% |
| Equity10/15 | €-16k | €-16k | €-19k | €11k | €55k | ▲ 409% |
| Contributions10/11 | €18k | €18k | €18k | €18k | €18k | = |
| Profit (loss) carried forward14 | €-34k | €-34k | €-37k | €-7k | €37k | ▲ 598% |
| Amounts payable17/49 | €104k | €157k | €111k | €325k | €367k | ▲ 12.8% |
| Amounts payable after more than one year17 | €51k | €52k | €30k | €7k | €7k | = |
| Financial debts170/4 | - | €52k | €30k | €7k | €7k | = |
| Amounts payable within one year42/48 | €53k | €106k | €82k | €318k | €360k | ▲ 13.2% |
| Current portion of amounts payable after more than one year42 | - | €26k | €27k | €24k | €7k | ▼ 70.3% |
| Trade debts44 | €37k | €65k | €39k | €250k | €308k | ▲ 23.4% |
| Suppliers440/4 | - | €65k | €39k | €250k | €308k | ▲ 23.4% |
| Taxes, remuneration and social security45 | - | €14k | €9k | €271 | €5k | ▲ 1,875% |
| Taxes450/3 | - | €11k | €6k | - | €4k | - |
| Remuneration and social security454/9 | - | €3k | €3k | €271 | €966 | ▲ 256% |
| Other amounts payable47/48 | - | - | €7k | €44k | €39k | ▼ 10.5% |
| Accrued charges and deferred income492/3 | - | - | - | €260 | - | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-34k | €381 | €-3k | €6k | €44k | ▲ 626% |
| + Depreciation and write-downs630 | €14k | €15k | €18k | €8k | €10k | ▲ 19.2% |
| Operating cash flow (approximation) | €-20k | €16k | €15k | €14k | €54k | ▲ 275% |
| Investment in fixed assets (approximation) | - | €-34k | €0 | - | €-6k | - |
| Change in cash | - | €2k | €-7k | - | €-3k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
2024
31-12
Financial
Highest result since 2019net €44k ▲626%
Operating result €55k, net result €44k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 310 days late
2020
31-12
Financial
Back to profitnet €381
Net result €381 after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Waremme · 2 establishment units since 2018
Ground area
2,348 m²
Building footprint
203 m²
Volume, LiDAR
1,200 m³
2 parcels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
2 establishment units
SP BOX
since 20182.298.177.745
SP BOX
since 20212.319.530.415
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074A0505/00C002 | Wallonia | 1,376 m² | 1 · 185 m² | 8.1 m · 2 fl. |
| 62012D0315/00N002 | Wallonia | 972 m² | 1 · 18 m² | 4.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 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
Food safety, FASFC
1 siteWaremme2.298.177.745
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Of 1,520 companies in sector 93130 we hold annual accounts for 688. 545 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
Scores and ratios are computed by Checked and are not a credit decision.