SP CONSTRUCTIONS
ActiveSP CONSTRUCTIONS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €186k and a net result of €37k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 3569 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability66▼-18
Solvency26▲+3
Growth73▲+9
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.95 in 2023), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3569 sector peers (2024).
NBB · sector comparisonPosition among 3569 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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
70 d late
2023
92 d late
2022
61 d late
2021
31 d late
2020
87 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.04M▲ 60.1%
2023 · €649k
2018: €610k
2019: €726k
2020: €632k
2021: €807k
2022: €721k
2023: €649k
2018 → 2024
EBIT margin
7.2%▼ 4.7pp
2023 · 11.9%
2018: -5.2%
2019: 6.4%
2020: 15.1%
2021: 4.9%
2022: -1.4%
2023: 11.9%
2018 → 2024
Net result
€37k▼ 30.5%
2023 · €53k
2018: €-56k
2019: €20k
2020: €70k
2021: €17k
2022: €-32k
2023: €53k
2018 → 2024
Working capital
€-18k▼ 82.0%
2023 · €-10k
2018: €-40k
2019: €-29k
2020: €-8k
2021: €-111
2022: €-71k
2023: €-10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€632k-€807k▲ 27.7%€721k▼ 10.6%€649k▼ 10.0%€1.04M▲ 60.1%
Equity€112k-€129k▲ 15.6%€97k▼ 25.1%€150k▲ 54.8%€186k▲ 24.6%
Operating result€95k-€40k▼ 58.4%€-10k€77k€75k▼ 2.9%
Net result€70k-€17k▼ 75.1%€-32k€53k€37k▼ 30.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €879k
Fixed assets
€674k▲ 10.3%
Current assets
€206k▲ 17.5%
Equity and liabilities €879k
Equity
€186k▲ 24.6%
Debt
€693k▲ 8.9%
The debt ratio falls from 81.0% to 78.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€115k▲
2023 · €112k
Cash flow
€77k▼
2023 · €88k
Solvency
21.2%▲
2023 · 19.0%
Current ratio
0.92▼
2023 · 0.95
Quick ratio
0.83▲
2023 · 0.79
Debt / equity
3.72▼
2023 · 4.25
ROE
19.7%▼
2023 · 35.4%
ROA
4.2%▼
2023 · 6.7%
Interest coverage
4.84▲
2023 · 4.54
Debt
€693k▲
2023 · €636k
Debt ≤ 1 year
€224k▲
2023 · €185k
Debt > 1 year
€456k▲
2023 · €424k
Income taxes
€15k
Staff costs
€102k▼
2023 · €127k
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
Balance sheet
Code20232024
Assets
Total assets20/58€786k€879k▲
Fixed assets21/28€611k€674k▲
Tangible fixed assets22/27€607k€669k▲
Land and buildings22€523k€505k▼
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€7k€34k▲
Leasing and similar rights25€59k€116k▲
Financial fixed assets28€4k€4k=
Current assets29/58€175k€206k▲
Stocks and contracts in progress3€28k€19k▼
Stocks30/36€28k€19k▼
Amounts receivable within one year40/41€142k€152k▲
Trade receivables40€114k€139k▲
Other amounts receivable41€27k€13k▼
Cash at bank and in hand54/58€772€19k▲
Deferred charges and accrued income490/1€4k€15k▲
Equity and liabilities
Total equity and liabilities10/49€786k€879k▲
Equity10/15€150k€186k▲
Contributions10/11€6k€6k=
Reserves13€84k€111k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€82k€111k▲
Profit (loss) carried forward14€60k€69k▲
Amounts payable17/49€636k€693k▲
Amounts payable after more than one year17€424k€456k▲
Financial debts170/4€424k€456k▲
Amounts payable within one year42/48€185k€224k▲
Current portion of amounts payable after more than one year42€52k€69k▲
Financial debts43€19k€478▼
Credit institutions430/8€19k€478▼
Trade debts44€79k€112k▲
Suppliers440/4€79k€112k▲
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€355€8k▲
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€27k€27k▲
Accrued charges and deferred income492/3€28k€13k▼
Income statement
Code20232024
Turnover70€649k€1.04M▲
Goods, raw materials, services and sundry goods60/61€407k€806k▲
Remuneration, social security and pensions62€127k€102k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€40k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10k
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€242k€233k▼
Operating profit (loss)9901€77k€75k▼
Financial income75/76B€195€206▲
Recurring financial income75€195€206▲
Financial charges65/66B€25k€24k▼
Recurring financial charges65€25k€24k▼
Profit (loss) for the period before taxes9903€53k€52k▼
Income taxes67/77-€15k
Profit (loss) for the period9904€53k€37k▼
Profit (loss) for the period to be appropriated9905€53k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€96k▲
Profit (loss) brought forward from the previous period14P€7k€60k▲
Transfer to equity691/2-€28k
To other reserves6921-€28k
Social balance
Average headcount (FTE)90874.85.0▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
31-12
Financial
Equity above €150kEq €186k ▲24.6%
2 profitable years in a row build equity to €186k.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 92 days late
2023
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-12
Financial
Equity above €100kEq €150k ▲54.8%
Equity rises from €97k to €150k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 87 days late
2020
31-12
Financial
Highest result since 2018net €70k ▲247%
Operating result €95k, net result €70k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲166%
2 profitable years in a row build equity to €112k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
16-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
SCHOONYANS Pascal
CurrentDirector · since 31-01-2024
31-01-2024
Resigned as Director
31-01-2024
Appointed as Director
Location & real-estate footprint
Registered office, Charleroi · 2 establishment units since 2005
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.
Rue Albert Ier 746043 CharleroiGround area
2,460 m²
Building footprint
253 m²
Volume, LiDAR
771 m³
2 parcels, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
sp constructions
since 20052.148.861.883
SP CONSTRUCTIONS
since 20252.378.612.026
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51039B0150/00C000 | Wallonia | 2,152 m² | 1 · 95 m² | - |
| 52058A0736/00X000 | Wallonia | 307 m² | 1 · 158 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FABESA
BE 0690.827.466
Brugge · Eq €186k
Van Den Bosch Algemene Bouwwerken
BE 0559.827.382
Lille · Eq €186k
ADI
BE 0719.864.219
Zuienkerke · Eq €186k
VAN FLO
BE 0691.602.575
Sint-Jans-Molenbeek · Eq €187k
GROUP DYLECTRO
BE 0650.556.630
Izegem · Eq €186k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2005
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
45211
43120Site preparation
43350Other building finishing work
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/48.84.08