SP CONSTRUCTIONS
ActiveFrom 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
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
- SCHOONYANS Pascal Fernand GabrielleDirector · since 25-07-2005
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- 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%
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
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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
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)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00538208.
Annual accounts 2025 filed on 28-09-2026 at the NBB all 20 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 30% lower than in 2024. It is the second fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
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.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| SP CONSTRUCTIONS Charleroi | 2005 | €0.9m | €0.2m | €0.2m | €0.9m | €0.03m | 4.2 | 2025 |
| BONFOND FRERES Aywaille | 2005 | €0.9m | €0.3m | €0.1m | - | -€0.2m | 3.6 | 2025 |
| DEKIJNDT TEGELS Eeklo | 2004 | €1.1m | €0.3m | €0.2m | - | -€0.03m | 2.7 | 2025 |
| SEEGERS TEGELDESIGN Dilsen-Stokkem | 2011 | €1.0m | -€0.3m | €0.3m | - | -€0.08m | 5.6 | 2025 |
| CHAPE- EN VLOERBEDRIJF STEFAAN ROBYN Sint-Niklaas | 2003 | €1.1m | €0.4m | €0.4m | - | €0.02m | 4.6 | 2025 |
| AMIX Maldegem | 1998 | €0.8m | €0.6m | €0.3m | - | €0.09m | 3.5 | 2026 |
| MERTENS VLOERWERKEN Malle | 2013 | €0.9m | €0.4m | €0.2m | - | -€0.01m | 3 | 2025 |
They were chosen from the 1,708 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 3,984 companies had the same profile as SP CONSTRUCTIONS has now. Two years later, 1.1% had gone bankrupt and 96.5% were still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SP CONSTRUCTIONS itself is higher: 1.8% within 12 months. It rests on far more data about SP CONSTRUCTIONS than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for SP CONSTRUCTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0.6m | €0.7m | €0.6m | €0.8m | €0.7m | €0.6m | €1.0m | €0.9m | ▼ 14.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.6m | €0.5m | €0.4m | €0.8m | €0.7m | ▼ 16.6% |
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.05m | €0.04m | €0.03m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.01m | €0.01m | ▲ 22.9% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.004m | €0.002m | €0.004m | €0.003m | ▼ 26.4% |
| Non-recurring operating charges66A | - | - | - | €0.01m | €0.004m | - | €0.003m | - | - |
| Gross operating margin9900 | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 8.9% |
| Operating profit (loss)9901 | -€0.03m | €0.05m | €0.1m | €0.04m | -€0.01m | €0.08m | €0.08m | €0.05m | ▼ 30.3% |
| Financial income75/76B | - | - | - | €412 | €0.001m | €195 | €206 | €0.01m | ▲ 56× |
| Recurring financial income75 | €16 | €0.001m | €0.001m | €412 | €0.001m | €195 | €206 | €348 | ▲ 68.7% |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €0.01m | - |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 7.6% |
| Recurring financial charges65 | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 7.6% |
| Non-recurring financial charges66B | - | - | - | €0.007m | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.06m | €0.02m | €0.07m | €0.02m | -€0.03m | €0.05m | €0.05m | €0.04m | ▼ 18.6% |
| Income taxes67/77 | - | - | €0.004m | €316 | - | - | €0.01m | €0.009m | ▼ 41.9% |
| Profit (loss) for the period9904 | -€0.06m | €0.02m | €0.07m | €0.02m | -€0.03m | €0.05m | €0.04m | €0.03m | ▼ 9.2% |
| Profit (loss) for the period to be appropriated9905 | -€0.06m | €0.02m | €0.07m | €0.02m | -€0.03m | €0.05m | €0.04m | €0.03m | ▼ 9.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €813,022 | €774,479 | €804,395 | €824,996 | €820,709 | €785,720 | €879,084 | €888,395 | ▲ 1.1% |
| Fixed assets21/28 | €647,470 | €611,899 | €610,391 | €645,656 | €644,693 | €610,786 | €673,511 | €623,583 | ▼ 7.4% |
| Tangible fixed assets22/27 | €643,220 | €607,649 | €606,141 | €641,406 | €640,443 | €606,536 | €669,261 | €619,333 | ▼ 7.5% |
| Land and buildings22 | - | - | - | €559,336 | €541,317 | €523,298 | €505,279 | €485,137 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | - | €24,329 | €21,096 | €17,073 | €14,358 | €12,251 | ▼ 14.7% |
| Furniture and vehicles24 | - | - | - | €6,516 | €7,574 | €7,043 | €33,983 | €26,194 | ▼ 22.9% |
| Leasing and similar rights25 | - | - | - | €51,225 | €70,457 | €59,121 | €115,641 | €95,750 | ▼ 17.2% |
| Financial fixed assets28 | €4,250 | €4,250 | €4,250 | €4,250 | €4,250 | €4,250 | €4,250 | €4,250 | = |
| Current assets29/58 | €165,553 | €162,579 | €194,005 | €179,340 | €176,017 | €174,935 | €205,574 | €264,813 | ▲ 28.8% |
| Stocks and contracts in progress3 | €1,822 | €901 | €1,099 | €2,809 | €15,217 | €28,145 | €19,485 | €10,280 | ▼ 47.2% |
| Stocks30/36 | - | - | - | €2,809 | €15,217 | €28,145 | €19,485 | €10,280 | ▼ 47.2% |
| Amounts receivable within one year40/41 | €157,556 | €154,245 | €161,299 | €165,967 | €145,381 | €141,723 | €151,849 | €236,982 | ▲ 56.1% |
| Trade receivables40 | - | - | - | €141,276 | €111,337 | €114,276 | €139,124 | €230,298 | ▲ 65.5% |
| Other amounts receivable41 | - | - | - | €24,691 | €34,043 | €27,447 | €12,726 | €6,683 | ▼ 47.5% |
| Cash at bank and in hand54/58 | €2,982 | €2,543 | €9,354 | €1,823 | €757 | €772 | €19,359 | €11,432 | ▼ 40.9% |
| Deferred charges and accrued income490/1 | - | - | - | €8,742 | €14,662 | €4,295 | €14,881 | €6,119 | ▼ 58.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €813,022 | €774,479 | €804,395 | €824,996 | €820,709 | €785,720 | €879,084 | €888,395 | ▲ 1.1% |
| Equity10/15 | €21,974 | €42,044 | €111,725 | €129,099 | €96,661 | €149,610 | €186,390 | €219,804 | ▲ 17.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €43,860 | €43,860 | €83,860 | €83,860 | €83,860 | €83,860 | €111,360 | €111,360 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €82,000 | €82,000 | €82,000 | €111,360 | €111,360 | = |
| Profit (loss) carried forward14 | -€28,086 | -€8,016 | €21,665 | €39,039 | €6,601 | €59,550 | €68,830 | €102,244 | ▲ 48.5% |
| Amounts payable17/49 | €791,048 | €732,435 | €692,671 | €695,897 | €724,049 | €636,110 | €692,695 | €668,591 | ▼ 3.5% |
| Amounts payable after more than one year17 | €557,286 | €517,464 | €483,659 | €490,280 | €469,204 | €423,518 | €455,741 | €394,223 | ▼ 13.5% |
| Financial debts170/4 | - | - | - | €490,280 | €469,204 | €423,518 | €455,741 | €394,223 | ▼ 13.5% |
| Amounts payable within one year42/48 | €205,884 | €191,818 | €201,807 | €179,451 | €246,914 | €184,966 | €223,834 | €262,194 | ▲ 17.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €44,594 | €50,737 | €51,850 | €68,813 | €58,437 | ▼ 15.1% |
| Financial debts43 | - | - | - | €12,871 | €37,728 | €18,651 | €478 | €32,282 | ▲ 68× |
| Credit institutions430/8 | - | - | - | €12,871 | €37,728 | €18,651 | €478 | €32,282 | ▲ 68× |
| Trade debts44 | €114,090 | €118,304 | €110,326 | €83,902 | €102,908 | €78,622 | €112,414 | €97,461 | ▼ 13.3% |
| Suppliers440/4 | - | - | - | €83,902 | €102,908 | €78,622 | €112,414 | €97,461 | ▼ 13.3% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €5,586 | - |
| Taxes, remuneration and social security45 | - | - | - | €12,171 | €12,285 | €9,179 | €15,172 | €27,950 | ▲ 84.2% |
| Taxes450/3 | - | - | - | €4,181 | - | €355 | €8,006 | €15,036 | ▲ 87.8% |
| Remuneration and social security454/9 | - | - | - | €7,990 | €12,285 | €8,824 | €7,167 | €12,914 | ▲ 80.2% |
| Other amounts payable47/48 | - | - | - | €25,912 | €43,255 | €26,664 | €26,957 | €40,478 | ▲ 50.2% |
| Accrued charges and deferred income492/3 | - | - | - | €26,166 | €7,931 | €27,627 | €13,119 | €12,175 | ▼ 7.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€56,183 | €20,069 | €69,681 | €17,374 | -€32,438 | €52,949 | €36,780 | €33,414 | ▼ 9.2% |
| + Depreciation and write-downs630 | €49,429 | €45,759 | €36,426 | €32,997 | €33,508 | €34,590 | €40,077 | €52,135 | ▲ 30.1% |
| Operating cash flow (approximation) | -€6,753 | €65,828 | €106,107 | €50,371 | €1,070 | €87,540 | €76,857 | €85,550 | ▲ 11.3% |
| Investment in fixed assets (approximation) | - | -€10,188 | -€34,917 | -€68,262 | -€32,545 | -€683 | -€102,802 | -€2,207 | ▲ 97.9% |
| Change in cash | - | -€439 | €6,811 | -€7,531 | -€1,066 | €15 | €18,587 | -€7,927 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-09-2026 | 2026-00538208 | NBB |
| 31-12-2024 | full format | 09-10-2025 | 2025-00537260 | |
| 31-12-2023 | full format | 31-10-2024 | 2024-00522097 | |
| 31-12-2022 | full format | 30-09-2023 | 2023-00466677 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20365390 | |
| 31-12-2020 | full format | 26-10-2021 | 2021-74400058 | |
| 31-12-2019 | full format | 30-10-2020 | 2020-66700424 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-60100494 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-59100335 | |
| 31-12-2016 | full format | 16-07-2017 | 2017-33300272 |
Board & ownership
Directors
Owners and capital
Shareholders
- SCHOONYANS Pascal Fernand Gabrielle all shares
Capital transactions
- 31-01-2024 Converted to uncalled contributions
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SCHOONYANS Pascal Fernand Gabrielle |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, avec ou sans limitation”“1”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement actions acquises, Article 9”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Apport en numéraire avec émission nouvelles actions droit de préférence, droit revient au débiteur-gagiste”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Assemblée générale, prévues pour les modifications aux statuts”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Administrateurs en fonction si aucun autre désigné”
Articles of association, deed of 31-01-2024 (in French)
Network & group
SP CONSTRUCTIONS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SP CONSTRUCTIONS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
31-01
Gazette deed
Legal-form change · Resignations & appointmentsResignation: SCHOONYANS Pascal Fernand Gabrielle (manager) · Appointment: SCHOONYANS Pascal Fernand Gabrielle (director) · Incorporation20 points ▸
- General meeting, 26-01-2024
- Incorporation, 25-07-2005
- Other provision, “statuts non modifiés depuis constitution outre adresse siège social” (deed in French)
- SCHOONYANS Pascal Fernand Gabrielle holds all the shares
- Board composition, SCHOONYANS Pascal Fernand Gabrielle (director (not named in the articles))
- Other provision, “adapter statuts aux dispositions du Code des sociétés et des associations”, 1 (deed in French)
- Other provision, “adaptation capital au CSA:suppression compte capitaux propres statutairement indisponible”, 1 (deed in French)
- Other provision, “adoption nouveaux statuts en concordance CSA sans modification objet”, 1 (deed in French)
- Other provision, “démissions et nominations:démission administrateurs nomination administrateurs”, 4 (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Capital
- The act holds 8 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20254 activities
- La démolition d’immeubles et le terrassement
- Les travaux de constructions
- Les autres travaux de construction en ce compris la maçonnerie
- La pose de carrelages
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0875.579.804
Financial year and general meeting
Accounts at the NBBSites & property
2 establishment units
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 51039B0150/00C000 | Wallonia | 2,152 m² | 1 · 95 m² | - |
| 52058A0736/00X000 | Wallonia | 307 m² | 1 · 158 m² | 6.1 m · 2 |