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SP CONSTRUCTIONS

Active
Private limited companyfounded 2005active for 21 yearsRue Albert Ier 74, 6043 Charleroi, BelgiumKBO/BCE: BE 0875.579.804

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of SP CONSTRUCTIONS is 1.8% (moderate). The 2025 annual accounts show equity of €219,804 and a net result of €33,414. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 26% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 17-08-2005 Normal situation
Activity
Floor and wall tiling NACE 43331and 3 others
Establishment units
2.148.861.883 6043 Charleroi, since 08-09-2005
2.378.612.026 7800 Ath, since 13-06-2025
Financial year end
31 December
Peppol
Reachable since 14-10-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Turnover
€884,298
▼ 14.9%
Profit
€33,414
▼ 9.2%
Equity
€219,804
▲ 17.9%
Total assets
€888,395
▲ 1.1%
Staff
4.2 FTE
▼ 16.0%
Filed on 28-09-2026, 59 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 59 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.01, cash €11,432Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2005Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 50+4
equity 24.7% of total assets
Liquidity 39-4
short-term debt 29.5% · cash 1.3%
Profitability 64=
return on assets 3.8%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 3.0%▲ +0.1 percentage points vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 3.1%▲ +0.1 percentage points vs 05-2025 07-2025: 3.7%▲ +0.6 percentage points vs 06-2025 08-2025: 4.8%▲ +1.1 percentage points vs 07-2025 09-2025: 5.4%▲ +0.6 percentage points vs 08-2025 10-2025: 6.0%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 2.0%▼ -4.0 percentage points vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 1.9%▼ -0.1 percentage points vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 2.0%▲ +0.1 percentage points vs 05-2026 07-2026: 2.1%▲ +0.1 percentage points vs 06-2026 08-2026: 3.1%▲ +1.0 percentage point vs 07-2026 09-2026: 3.6%▲ +0.5 percentage points vs 08-2026 10-2026: 1.8%▼ -1.8 percentage points vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.01 (0.92 in 2024), below the usual 1.5. Short-term debt is 29.5% and cash 1.3% of total assets. 75.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 26% of them on solvency, 28% on liquidity, 31% on profitability and 47% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 59 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.01, cash €11,432
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
59 days late
2024
70 days late
2023
92 days late
2022
61 days late
2021
31 days late
2020
87 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 70 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Comparable companies

These companies have the same main activity as SP CONSTRUCTIONS: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €836,000 and €1.1m, founded between 1998 and 2013.

CompanyTotal assetsGross margin
SP CONSTRUCTIONS Charleroi€0.9m€0.2m
BONFOND FRERES Aywaille€0.9m€0.1m
DEKIJNDT TEGELS Eeklo€1.1m€0.2m
SEEGERS TEGELDESIGN Dilsen-Stokkem€1.0m€0.3m
CHAPE- EN VLOERBEDRIJF STEFAAN ROBYN Sint-Niklaas€1.1m€0.4m
AMIX Maldegem€0.8m€0.3m
MERTENS VLOERWERKEN Malle€0.9m€0.2m
Full comparison

Documents

Annual accounts at the NBB

All 20 annual accounts

Articles and registers

Key facts about SP CONSTRUCTIONS

What is the company number of SP CONSTRUCTIONS?
The company number of SP CONSTRUCTIONS is 0875.579.804. The VAT number is the same number with BE in front: BE 0875.579.804.
Where is SP CONSTRUCTIONS based?
The registered office is at Rue Albert Ier 74, 6043 Charleroi.Company details
What does SP CONSTRUCTIONS do?
According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
What is the legal form of SP CONSTRUCTIONS?
The legal form of SP CONSTRUCTIONS is Private limited company (BV).
When was SP CONSTRUCTIONS founded?
SP CONSTRUCTIONS was founded on 17-08-2005.
Is SP CONSTRUCTIONS still active?
Yes, SP CONSTRUCTIONS is an active enterprise in the KBO register.
How many employees does SP CONSTRUCTIONS have?
SP CONSTRUCTIONS had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SP CONSTRUCTIONS?
The turnover of SP CONSTRUCTIONS was €884,298 in financial year 2025, according to the filed annual accounts.
Is SP CONSTRUCTIONS profitable?
In financial year 2025, SP CONSTRUCTIONS made a profit of €33,414.
Where can I find the annual accounts of SP CONSTRUCTIONS?
SP CONSTRUCTIONS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SP CONSTRUCTIONS due?
SP CONSTRUCTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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