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SP ELEC

Active Private limited companyfounded 2019active for 7 yearsOude Haachtsesteenweg 59, 1831 Machelen (Brab.)KBO/BCE: BE 0724.599.403

Lifetime

6 annual accounts with figures on one time axis
peak of €14,225 in 2020
€9,974▲ €27,496
lowest -€20,110 in 2023
€7,694▲ €27,803
peak of €24,223 in 2022
€11,807▲ 187%
€11,542▼ 42.6%
peak of 0.7 FTE in 2019
-not published
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
05-06-202556 days before the deadline
2024micro format
Gross margin from -€17,522 to €9,974Profit of €7,694, after a lossChange of role: , from manager to director 14-02Equity from €4,113 to €11,807Debts from €20,091 to €11,542

Key points

from the 2024 annual accounts

Liquidity

1.78 was 1.05 in 2023

Short-term debts fell from €20,091 to €11,542.

Filings

6 annual accounts 107 days past the deadline
AprilJune31 JulyOctober202020222024

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as SP ELEC has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 26,973 companies, not a prediction for SP ELEC. 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

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

Signals

Board and ownership

Director
Manager
  • deed of 08-11-2023
  • deed of 08-11-2023
Board & ownership

Recent changes

Change of role: , from manager to director Director discharge: · General meeting of 09-02-2024 · Gazette deed
Resignation: (director) Transfer of shares from to · is a shareholder · General meeting of 23-10-2023 · Gazette deed
Incorporation Founding capital of €18,600, 100 shares, €10,000 paid up · Founders: and · Appointments: (manager) and (manager) · published on 09-04-2019 · Gazette deed
First establishment Oude Haachtsesteenweg 59, Machelen (Brab.)
All 13 events

Official details

Source: KBO
Status
Active since 05-04-2019Normal situation
Registered office
74 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 15 November 2026.
Activity
“De huur van welke noodzakelijk of nuttig zijn om de volledige realisatie van festivals…” (deed in Dutch)From the articles, 57 activities34 activities on the establishment unit
Establishment unit
2.287.689.1741831 Machelen (Brab.), since 05-04-2019
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

≈ €74,000estimated
€23,348▼ 3.5%
Filing
Filed on 05-06-2025
Financials

Insights on SP ELEC

SP ELEC files the micro format. That format states no turnover. The gross margin fell from €11,802 in 2019 to €9,974 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SP ELEC

What is the company number of SP ELEC?
The company number of SP ELEC is 0724.599.403. The VAT number is the same number with BE in front: BE 0724.599.403.
Where is SP ELEC based?
The registered office is at Oude Haachtsesteenweg 59, 1831 Machelen (Brab.).Company details
What is the legal form of SP ELEC?
SP ELEC is a private limited company (BV).
When was SP ELEC founded?
SP ELEC was founded on 05-04-2019.
Is SP ELEC still active?
Yes, SP ELEC is an active enterprise in the KBO register.
How many employees does SP ELEC have?
SP ELEC had an average of 0.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of SP ELEC?
The turnover in financial year 2024 is ≈ €74,000. This figure is estimated from the gross margin of €9,974 and 7,098 comparable companies of the same size. It probably lies between €34,000 and €180,000. It is a rough estimate.
Is SP ELEC profitable?
In financial year 2024, SP ELEC made a profit of €7,694.
Where can I find the annual accounts of SP ELEC?
SP ELEC filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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