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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

Overview

Lifetime

17 annual accounts with figures on one time axis
peak €239,731 (2022)
€25,998▼ 79.6%
lowest -€20,166 (2025)
-€20,166▼ €79,356
peak €585,080 (2023)
€388,871▼ 26.5%
€67,763▼ 31.7%
Board1 name since 2021
1 director
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €127,249 to €25,998Loss of €20,166Dividend €120,153Equity from €529,190 to €388,871Debts from €99,260 to €67,763Cash from €261,885 to €136,550

Key points

from the 2025 annual accounts

Equity

€388,871 ▼ 26.5%
529,1902024-20,166Loss-120,153Dividend388,8712025

SP²E paid out €120,153 in dividends in a year with a loss of €20,166.

Result

-€20,166 -€20,166
€59,2002024-€20,2002025

From profit to loss in 2025, after a profit of €59,190 in 2024.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

Three of the last ten came late. The 2016 accounts came latest: 24 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,686 companies had the same profile as SP²E has now. Each dot stands for 7 companies, two years later.

93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,686 companies, not a prediction for SP²E. 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.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0807812238
Change of role: , from manager to director Director discharge: (gérant de la société privée à responsabilité limitée) · General meeting of 13-12-2023 · Gazette deed
Incorporation published on 19-11-2008 · Gazette deed
First establishment Rue Georges Hubin 39, Wanze
All 29 events

Comparable companies

same main activity, similar in size and age
Company
SP²E Wanze €456,634 €25,998 85.2% -
KingRE Consulting Herentals €485,210 €26,448 81.9% -
PIANCO MANAGEMENT Gavere €530,173 €25,428 84.6% -
MEUREZ CO Kluisbergen €545,192 €25,106 86.4% 0
STI Ostend €522,316 €25,761 -16.8% -
ReivaX Immo Ferrières €418,847 €21,011 22.1% -
DOUETTE Luc Hannut €472,359 €23,230 98.9% -

These companies have the same main activity as SP²E: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €419,000 and €545,000, founded between 2002 and 2011.

Official details

Source: KBO
Status
Active since 17-11-2008Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
Establishment unit
2.174.767.9124520 Wanze, since 17-11-2008
Financial year end
31 December
Peppol
Reachable since 16-01-2026
Company details

Annual accounts 2025

€25,998▼ 79.6%
≈ €42,000estimated
€20,166
€388,871▼ 26.5%
€456,634▼ 27.3%
Filing
Filed on 24-07-2026, 7 days before the end of the filing period
Financials

Insights on SP²E

SP²E files the micro format. That format states no turnover. The gross margin fell from €128,262 in 2009 to €25,998 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

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.

Balance sheet

balance sheet total €456,634 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the 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 Trend20252024202320222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 456,634628,450695,204659,869699,921580,652469,706551,848518,529523,477361,249269,594291,501343,059366,471419,912465,176
20 --1,068--------------
21/28 164,666193,774220,894239,905274,904305,087343,977381,305368,482306,259321,442200,801232,179294,058315,677350,689354,948
22/27 164,614193,722220,842239,853274,852305,035343,925381,185368,362306,139321,322200,681232,059272,295293,914319,671354,828
22 162,111180,256203,911236,300267,454300,012327,427360,205350,432305,800319,456197,951219,704243,754270,355283,500315,000
23 1,4572,101--6481,2951,9432,590-0102203-----
24 1,04611,36516,9313,5526,7503,72714,55618,39017,9303391,7652,52712,35428,5419,58214,2069,876
28 5252525252525212012012012012012021,76321,76331,018120
29/58 291,968434,676473,241419,964425,018275,566125,728170,543150,048217,21839,80768,79359,32249,00250,79469,222110,228
40/41 3,18221,50089,258230,419238,303184,58581,44196,65281,725210,29334,39217,33134,20136,83234,68935,82947,827
40 66220,41987,815188,140238,303177,31974,17587,32672,400210,29332,24717,33133,35336,17934,68935,82947,827
41 2,5201,0811,44342,279-7,2667,2669,3259,325-2,146-849653---
50/53 150,147150,147348,936135,507150,147---------11,03617,47110,233
54/58 136,550261,88534,19152,83635,83888,99143,36370,87267,3476,9255,41550,74824,60011,9184,82915,92352,168
490/1 2,0881,1448561,2037291,9909243,019976--714521252240--
Balance sheet: equity and liabilities
10/49 456,634628,450695,204659,869699,921580,652469,706551,848518,529523,477361,249269,594291,501343,059366,471419,912465,176
10/15 388,871529,190585,080495,947413,557389,390287,649225,049178,497140,24231,61225,58918,97316,93216,89217,3309,107
10/11 8,6008,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60014,3006,300
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ---------------4,30012,300
13 400,437520,590566,480477,347394,957370,790254,579191,979145,558107,3031,8601,8601,8601,8601,8601,8601,860
130/1 --1,8601,8601,8601,860-----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 --1,8601,8601,8601,860-----------
132 ------3,9411,876---------
133 400,437520,590564,620475,487393,097368,930248,777188,243143,698105,443-------
14 -20,166-----14,47014,47014,33914,33911,1525,129-1,487-3,528-3,5681,170947
17/49 67,76399,260110,124163,922286,364191,262182,057326,798340,033383,235329,638244,005272,528326,127349,579402,582456,069
17 --14,93030,93246,64273,26699,507125,370181,772183,160226,192118,781145,158170,327198,062230,355262,127
170/4 --14,93030,93246,64273,26699,507125,370181,772183,160226,192118,781145,158170,327198,062230,355262,127
42/48 67,76399,26095,194132,990239,723117,99682,543200,966155,311196,96099,961125,224127,370155,800151,517164,328189,165
42 -14,93016,00215,71026,62426,24125,86357,30656,38843,03241,44926,37725,16924,01731,79331,39629,918
44 4,7362,32128,6654,1622,0173,2797,29710,595-40,3061,6561,3551,1451682,1361,8367,121
440/4 4,7362,32128,6654,1622,0173,2797,29710,595-40,3061,6561,3551,1451682,1361,8367,121
45 7,45324,40750,52774,86377,05445,26121,52817,09610,11962,7208,85528,69711,28413,4299,56310,21811,298
450/3 7,45320,67150,52774,86377,05443,76720,78117,0966,68162,0806,16419,15511,28413,4297,9439,71510,767
454/9 -3,736---1,494747-3,4376402,6919,542--1,619504531
47/48 55,57457,602-38,255134,02743,21627,855115,97088,80450,90248,00168,79689,772118,185108,025120,878140,828
492/3 ------74622,9503,1153,485----7,8994,777
Income statement
76A --------------1,822--
9900 25,998127,249148,239239,731229,734212,928132,949117,767120,668215,32695,77463,26961,88668,44254,93170,799128,262
62 ---------1,126-------
630 22,12139,52735,99636,27535,51835,14239,77139,40848,60528,75972,86934,94537,89642,59542,04844,205108,984
640/8 23,5466,2384,4117,0493,5845,2323,1434,3142,4822,2622,3702,7413,0139,9402,6172,5916,330
66A -------------1,325---
9901 -19,66981,483107,832196,407190,631172,55590,03474,04569,582183,17820,53525,58320,97715,90710,26724,00212,948
75/76B 1821,83614,160202100-2210-854640612
75 1821,83614,160202100-2210-854640612
65/66B 6282191,31416,7052,3543,1063,3018,92110,65212,37611,68214,49016,28112,84916,82321,5037,453
65 6282191,31416,7052,3543,1063,3018,92110,65212,37611,68214,49016,28112,84916,82321,5037,453
9903 -20,11583,101120,678179,705188,277169,45186,73365,12458,930170,8018,85511,0954,7051,732-3,8803,1396,107
67/77 5123,91131,54659,06058,66753,24024,13418,57120,67565,3592,8324,4792,6651,6928592,9163,300
9904 -20,16659,19089,132120,645129,610116,21162,60046,55338,255105,4436,0236,6162,04140-4,7382232,807
789 -----3,941-----------
689 ------2,0651,876---------
9905 -20,16659,19089,132120,645129,610120,15360,53444,67738,255105,4436,0236,6162,04140-4,7382232,807
Appropriation of the result
9906 -20,16659,19089,132120,645129,610134,62375,00459,01652,594119,78211,1525,129-1,487-3,528-3,5681,1702,807
791/2 120,15360,534-38,255-------------
691/2 -59,19089,132120,64524,167120,15360,53444,54538,255105,443------1,860
6920 ----------------1,860
6921 -59,19089,132120,64524,167120,15360,53444,54538,255105,443-------
694/7 120,15360,534-38,255105,44314,470-----------
694 120,15360,534-38,255105,44314,470-----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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
Line Trend20252024202320222021202020192018201720162015201420132012201120102009
2,452121,011143,828232,682226,150207,697129,806113,452118,187211,93793,40460,52858,87358,50252,31568,208121,932
1,95598,717125,128156,920165,128151,353102,37185,96086,860134,20278,89141,56139,93742,63637,31044,428111,791
28,71511,33916,9271,2765,3355,2162,51252,231110,82813,576193,5103,5681,17534,95416,29139,947463,932
-125,335227,694-18,64516,998-53,15245,627-27,5093,52560,4221,510-45,33326,14812,6827,089-11,094-36,245-
224,205335,416378,047286,975185,295157,56943,185-30,424-5,26320,257-60,154-56,431-68,048-106,798-100,723-95,106-78,937
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%
4.314.384.973.161.772.341.520.850.971.100.400.550.470.310.340.420.58
0.170.190.190.330.690.490.631.451.902.7310.439.5414.3619.2620.7023.2350.08
-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%
3.91over 100over 10013.9396.06------------

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
Item20252024202320222021
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
Item20252024202320222021
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.

Board & ownership

Board

1 director, last change in 2023
Director
appointed by deed of 19-12-2023 term without a fixed end
earlier manager, until 19-12-2023
listed in the 2025 annual accounts, filed on 24-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2021
    • Manager, until 19-12-2023

See the board, name and registered office on a given date →

Control

Capital

Contribution
€8,600
Source
2025 annual accounts

Articles of association

deed of 19-12-2023 (in French)
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Network & group

No group

SP²E has no parent and no holdings in its annual accounts. is the only director. SP²E shares no director with another company.

The LEI register names no parent.

Timeline

Timeline

29 events since 2008

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 7 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0807812238
2025
Weakest financial year net -€20,166 The net result drops to -€20,166, the lowest from 2009 to 2025.
Annual accounts 2024 filed PDFmicro format · 5 days late
2024
Annual accounts 2023 filed PDFmicro format · 37 days before the deadline
2023
Equity above €500,000 equity €585,080 ▲18% After 12 profitable years in a row, equity reaches €585,080.
Change of role: , from manager to directorDirector discharge: (gérant de la société privée à responsabilité limitée) · General meeting of 13-12-20237 points ▸
  • General meeting, 13-12-2023
  • Registered office clause, rue Georges Hubin 39, 4520 Wanze
  • Amendment of the articles, article 7
  • Amendment of the articles, article 9
  • Director resignation, (manager)
  • Director discharge, (gérant de la société privée à responsabilité limitée)
  • Director appointment,
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 33 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 61 days before the deadline
2021
Highest result from 2009 to 2025 net €129,610 ▲11.5% The net result of €129,610 is the highest of those years.
Annual accounts 2020 filed PDFmicro format · 59 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 31 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 37 days before the deadline
2018
Equity above €200,000 equity €225,049 ▲26.1% After 7 profitable years in a row, equity reaches €225,049.
Annual accounts 2017 filed PDFmicro format · 14 days late
2017
Equity above €150,000 equity €178,497 ▲27.3% After 6 profitable years in a row, equity reaches €178,497.
Annual accounts 2016 filed PDFmicro format · 24 days late
2016
Liquidity more than doubled current ratio 1.10 The current ratio rises from 0.40 to 1.10.
Equity above €100,000 equity €140,242 ▲344% After 5 profitable years in a row, equity reaches €140,242.
Annual accounts 2015 filed PDFfull format · 13 days late
2015
Annual accounts 2014 filed PDFfull format · 28 days late
2014
Annual accounts 2013 filed PDFfull format · 21 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 69 days late
2012
Back to profit net €40 The net result is €40, after one loss-making year.
Annual accounts 2011 filed PDFfull format · 28 days late
2011
Annual accounts 2010 filed PDFfull format · 23 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 25 days late
2008
Incorporation PDFpublished on 19-11-2008
First establishment Rue Georges Hubin 39, Wanze

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SP²E was incorporated on 17 November 2008.1 Total assets fell from €551,848 in 2018 to €456,634 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0807.812.238
VAT number
BE 0807.812.238
Peppol ID
0208:0807812238
Other Peppol ID
9925:BE0807812238
LEI code
9845008A0BA2FC498C79 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
17-11-2008
Financial year
ends on 31 December
Peppol
Reachable since 16-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SP²E in French
Name in the Peppol Directory
SP2E SRL
Entity type
Legal entity
Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
“Loi du 2019-03-23 introduisant le Code des sociétés et associations, un”
deed of 19-12-2023 (in French)

Activities

NACEBEL 2025

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Georges Hubin 39 registered office 4520 Wanze 70200 Business and other management consultancy 17-11-2008 2.174.767.912

Buildings and parcels at the address

Ground area
1,986 m²
Buildings
143 m²
Volume, LiDAR
857 m³
Tallest building
7.4 m
Buildings to scale, each on its own parcel
143 m², 7.4 m 143 m², 7.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
61042A0155/00A0031,986 m² 1 · 143 m² 7.4 m · 2