SP²E

Active Private limited companyfounded 2008active for 17 yearsRue Georges Hubin 39, 4520 WanzeKBO/BCE: BE 0807.812.238 #5 company by equity in Wanze, Real estate sector

SP²E

Financial year 2025

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Annual accounts 2025

micro format, filed on 24-07-2026, 7 days before the deadline

€25,998

▼ 79.6%

-€19,669

▼ €101,153

-€20,166

▼ €79,356

€224,205

▼ 33.2%

85.2%

▲ 1.0 percentage points

4.31

▼ 0.07

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €42,000. Estimated: probably between €32,000 and €62,000.

In the rankings #5 company by equity in Wanze, Real estate sector

Balance sheet

balance sheet total €456,634 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

85.2%

Higher than 89% of 17,199 companies in 2025.

4.31

Higher than 83% of 16,496 companies in 2025.

-4.4%

Higher than 18% of 16,875 companies in 2025.

SP²E Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	456,634	628,450	695,204	659,869	699,921	580,652	469,706	551,848	518,529	523,477	361,249	269,594	291,501	343,059	366,471	419,912	465,176
`20`	-	-	1,068	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`21/28`	164,666	193,774	220,894	239,905	274,904	305,087	343,977	381,305	368,482	306,259	321,442	200,801	232,179	294,058	315,677	350,689	354,948
`22/27`	164,614	193,722	220,842	239,853	274,852	305,035	343,925	381,185	368,362	306,139	321,322	200,681	232,059	272,295	293,914	319,671	354,828
`22`	162,111	180,256	203,911	236,300	267,454	300,012	327,427	360,205	350,432	305,800	319,456	197,951	219,704	243,754	270,355	283,500	315,000
`23`	1,457	2,101	-	-	648	1,295	1,943	2,590	-	0	102	203	-	-	-	-	-
`24`	1,046	11,365	16,931	3,552	6,750	3,727	14,556	18,390	17,930	339	1,765	2,527	12,354	28,541	9,582	14,206	9,876
`28`	52	52	52	52	52	52	52	120	120	120	120	120	120	21,763	21,763	31,018	120
`29/58`	291,968	434,676	473,241	419,964	425,018	275,566	125,728	170,543	150,048	217,218	39,807	68,793	59,322	49,002	50,794	69,222	110,228
`40/41`	3,182	21,500	89,258	230,419	238,303	184,585	81,441	96,652	81,725	210,293	34,392	17,331	34,201	36,832	34,689	35,829	47,827
`40`	662	20,419	87,815	188,140	238,303	177,319	74,175	87,326	72,400	210,293	32,247	17,331	33,353	36,179	34,689	35,829	47,827
`41`	2,520	1,081	1,443	42,279	-	7,266	7,266	9,325	9,325	-	2,146	-	849	653	-	-	-
`50/53`	150,147	150,147	348,936	135,507	150,147	-	-	-	-	-	-	-	-	-	11,036	17,471	10,233
`54/58`	136,550	261,885	34,191	52,836	35,838	88,991	43,363	70,872	67,347	6,925	5,415	50,748	24,600	11,918	4,829	15,923	52,168
`490/1`	2,088	1,144	856	1,203	729	1,990	924	3,019	976	-	-	714	521	252	240	-	-
Balance sheet: equity and liabilities
`10/49`	456,634	628,450	695,204	659,869	699,921	580,652	469,706	551,848	518,529	523,477	361,249	269,594	291,501	343,059	366,471	419,912	465,176
`10/15`	388,871	529,190	585,080	495,947	413,557	389,390	287,649	225,049	178,497	140,242	31,612	25,589	18,973	16,932	16,892	17,330	9,107
`10/11`	8,600	8,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	14,300	6,300
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,300	12,300
`13`	400,437	520,590	566,480	477,347	394,957	370,790	254,579	191,979	145,558	107,303	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`130/1`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	-	-	-	-	3,941	1,876	-	-	-	-	-	-	-	-	-
`133`	400,437	520,590	564,620	475,487	393,097	368,930	248,777	188,243	143,698	105,443	-	-	-	-	-	-	-
`14`	-20,166	-	-	-	-	-	14,470	14,470	14,339	14,339	11,152	5,129	-1,487	-3,528	-3,568	1,170	947
`17/49`	67,763	99,260	110,124	163,922	286,364	191,262	182,057	326,798	340,033	383,235	329,638	244,005	272,528	326,127	349,579	402,582	456,069
`17`	-	-	14,930	30,932	46,642	73,266	99,507	125,370	181,772	183,160	226,192	118,781	145,158	170,327	198,062	230,355	262,127
`170/4`	-	-	14,930	30,932	46,642	73,266	99,507	125,370	181,772	183,160	226,192	118,781	145,158	170,327	198,062	230,355	262,127
`42/48`	67,763	99,260	95,194	132,990	239,723	117,996	82,543	200,966	155,311	196,960	99,961	125,224	127,370	155,800	151,517	164,328	189,165
`42`	-	14,930	16,002	15,710	26,624	26,241	25,863	57,306	56,388	43,032	41,449	26,377	25,169	24,017	31,793	31,396	29,918
`44`	4,736	2,321	28,665	4,162	2,017	3,279	7,297	10,595	-	40,306	1,656	1,355	1,145	168	2,136	1,836	7,121
`440/4`	4,736	2,321	28,665	4,162	2,017	3,279	7,297	10,595	-	40,306	1,656	1,355	1,145	168	2,136	1,836	7,121
`45`	7,453	24,407	50,527	74,863	77,054	45,261	21,528	17,096	10,119	62,720	8,855	28,697	11,284	13,429	9,563	10,218	11,298
`450/3`	7,453	20,671	50,527	74,863	77,054	43,767	20,781	17,096	6,681	62,080	6,164	19,155	11,284	13,429	7,943	9,715	10,767
`454/9`	-	3,736	-	-	-	1,494	747	-	3,437	640	2,691	9,542	-	-	1,619	504	531
`47/48`	55,574	57,602	-	38,255	134,027	43,216	27,855	115,970	88,804	50,902	48,001	68,796	89,772	118,185	108,025	120,878	140,828
`492/3`	-	-	-	-	-	-	7	462	2,950	3,115	3,485	-	-	-	-	7,899	4,777
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,822	-	-
`9900`	25,998	127,249	148,239	239,731	229,734	212,928	132,949	117,767	120,668	215,326	95,774	63,269	61,886	68,442	54,931	70,799	128,262
`62`	-	-	-	-	-	-	-	-	-	1,126	-	-	-	-	-	-	-
`630`	22,121	39,527	35,996	36,275	35,518	35,142	39,771	39,408	48,605	28,759	72,869	34,945	37,896	42,595	42,048	44,205	108,984
`640/8`	23,546	6,238	4,411	7,049	3,584	5,232	3,143	4,314	2,482	2,262	2,370	2,741	3,013	9,940	2,617	2,591	6,330
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,325	-	-	-
`9901`	-19,669	81,483	107,832	196,407	190,631	172,555	90,034	74,045	69,582	183,178	20,535	25,583	20,977	15,907	10,267	24,002	12,948
`75/76B`	182	1,836	14,160	2	0	2	1	0	0	-	2	2	10	-	854	640	612
`75`	182	1,836	14,160	2	0	2	1	0	0	-	2	2	10	-	854	640	612
`65/66B`	628	219	1,314	16,705	2,354	3,106	3,301	8,921	10,652	12,376	11,682	14,490	16,281	12,849	16,823	21,503	7,453
`65`	628	219	1,314	16,705	2,354	3,106	3,301	8,921	10,652	12,376	11,682	14,490	16,281	12,849	16,823	21,503	7,453
`9903`	-20,115	83,101	120,678	179,705	188,277	169,451	86,733	65,124	58,930	170,801	8,855	11,095	4,705	1,732	-3,880	3,139	6,107
`67/77`	51	23,911	31,546	59,060	58,667	53,240	24,134	18,571	20,675	65,359	2,832	4,479	2,665	1,692	859	2,916	3,300
`9904`	-20,166	59,190	89,132	120,645	129,610	116,211	62,600	46,553	38,255	105,443	6,023	6,616	2,041	40	-4,738	223	2,807
`789`	-	-	-	-	-	3,941	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	2,065	1,876	-	-	-	-	-	-	-	-	-
`9905`	-20,166	59,190	89,132	120,645	129,610	120,153	60,534	44,677	38,255	105,443	6,023	6,616	2,041	40	-4,738	223	2,807
Appropriation of the result
`9906`	-20,166	59,190	89,132	120,645	129,610	134,623	75,004	59,016	52,594	119,782	11,152	5,129	-1,487	-3,528	-3,568	1,170	2,807
`791/2`	120,153	60,534	-	38,255	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	59,190	89,132	120,645	24,167	120,153	60,534	44,545	38,255	105,443	-	-	-	-	-	-	1,860
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	-	59,190	89,132	120,645	24,167	120,153	60,534	44,545	38,255	105,443	-	-	-	-	-	-	-
`694/7`	120,153	60,534	-	38,255	105,443	14,470	-	-	-	-	-	-	-	-	-	-	-
`694`	120,153	60,534	-	38,255	105,443	14,470	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	24-07-2026	2026-00326438	PDF
31-12-2024	micro format	05-08-2025	2025-00358536	PDF
31-12-2023	micro format	24-06-2024	2024-00153635	PDF
31-12-2022	micro format	28-06-2023	2023-00172116	PDF
31-12-2021	micro format	31-05-2022	2022-20039626	PDF
31-12-2020	micro format	02-06-2021	2021-16800593	PDF
31-12-2019	micro format	30-06-2020	2020-23900305	PDF
31-12-2018	micro format	24-06-2019	2019-22000374	PDF
31-12-2017	micro format	14-08-2018	2018-46000142	PDF
31-12-2016	micro format	24-08-2017	2017-49400054	PDF
31-12-2015	full format	13-08-2016	2016-42900493	PDF
31-12-2014	full format	28-08-2015	2015-51700200	PDF
31-12-2013	full format	10-07-2014	2014-29200539	PDF
31-12-2012	full format	08-10-2013	2013-62300575	PDF
31-12-2011	full format	28-08-2012	2012-47200161	PDF
31-12-2010	full format	08-07-2011	2011-28000313	PDF
31-12-2009	full format	25-08-2010	2010-45500065	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
2,452	121,011	143,828	232,682	226,150	207,697	129,806	113,452	118,187	211,937	93,404	60,528	58,873	58,502	52,315	68,208	121,932
1,955	98,717	125,128	156,920	165,128	151,353	102,371	85,960	86,860	134,202	78,891	41,561	39,937	42,636	37,310	44,428	111,791
28,715	11,339	16,927	1,276	5,335	5,216	2,512	52,231	110,828	13,576	193,510	3,568	1,175	34,954	16,291	39,947	463,932
-125,335	227,694	-18,645	16,998	-53,152	45,627	-27,509	3,525	60,422	1,510	-45,333	26,148	12,682	7,089	-11,094	-36,245	-
224,205	335,416	378,047	286,975	185,295	157,569	43,185	-30,424	-5,263	20,257	-60,154	-56,431	-68,048	-106,798	-100,723	-95,106	-78,937
85.2%	84.2%	84.2%	75.2%	59.1%	67.1%	61.2%	40.8%	34.4%	26.8%	8.8%	9.5%	6.5%	4.9%	4.6%	4.1%	2.0%
4.31	4.38	4.97	3.16	1.77	2.34	1.52	0.85	0.97	1.10	0.40	0.55	0.47	0.31	0.34	0.42	0.58
0.17	0.19	0.19	0.33	0.69	0.49	0.63	1.45	1.90	2.73	10.43	9.54	14.36	19.26	20.70	23.23	50.08
-5.2%	11.2%	15.2%	24.3%	31.3%	29.8%	21.8%	20.7%	21.4%	75.2%	19.1%	25.9%	10.8%	0.2%	-28.0%	1.3%	30.8%
-4.4%	9.4%	12.8%	18.3%	18.5%	20.0%	13.3%	8.4%	7.4%	20.1%	1.7%	2.5%	0.7%	0.0%	-1.3%	0.1%	0.6%
3.91	over 100	over 100	13.93	96.06	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	-	€286,000	-	€286,000	€286,000
Carrying value of the mortgaged assets	-	€4,037	-	€236,853	€267,454

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€28,715	€11,339	€16,927	€1,276	€5,335
	€22,121	€39,527	€35,996	€36,275	€35,518

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SP²E

The operating result for 2025 is a loss of €19,669, after a profit of €81,483 in 2024. It is the lowest result since 2009.

Debt's share of the balance-sheet total falls from 15.8% to 14.8%. Equity and debt are lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency85.2%

Current ratio4.31

Return on assets-4.4%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on SP²E

Next steps

in euro

in euro

85.2%

4.31

-4.4%