SP ELEC
ActiveSummary
The computed 12-month bankruptcy probability of SP ELEC is 2.7% (moderate). The 2024 annual accounts show equity of €11,807 and a net result of €7,694. Equity is shrinking by ~4.3% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18 | - | - | - |
| Remuneration, social security and pensions62 | - | €4,643 | €940 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €554 | €1,842 | €1,842 | €1,336 | €407 | ▼ 69.5% |
| Other operating charges640/8 | - | €441 | €5,750 | €1,013 | €569 | ▼ 43.9% |
| Non-recurring operating charges66A | - | €30 | - | - | - | - |
| Gross operating margin9900 | €14,225 | €11,013 | €11,658 | -€17,522 | €9,974 | ▲ 157% |
| Operating profit (loss)9901 | €5,481 | €4,058 | €3,127 | -€19,871 | €8,997 | ▲ 145% |
| Financial income75/76B | - | €1 | €1 | €2 | - | - |
| Recurring financial income75 | - | €1 | €1 | €2 | - | - |
| Financial charges65/66B | - | €729 | €477 | €240 | €654 | ▲ 172% |
| Recurring financial charges65 | €406 | €729 | €477 | €240 | €654 | ▲ 172% |
| Profit (loss) for the period before taxes9903 | €5,075 | €3,331 | €2,650 | -€20,110 | €8,344 | ▲ 141% |
| Income taxes67/77 | - | €1,479 | €1,095 | - | €650 | - |
| Profit (loss) for the period9904 | €5,075 | €1,852 | €1,555 | -€20,110 | €7,694 | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | €5,075 | €1,852 | €1,555 | -€20,110 | €7,694 | ▲ 138% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,401 | €31,356 | €47,114 | €24,204 | €23,348 | ▼ 3.5% |
| Fixed assets21/28 | €4,972 | €3,131 | €3,289 | €3,175 | €2,768 | ▼ 12.8% |
| Tangible fixed assets22/27 | €4,972 | €3,131 | €1,289 | €1,175 | €768 | ▼ 34.7% |
| Furniture and vehicles24 | - | €3,131 | €1,289 | €1,175 | €768 | ▼ 34.7% |
| Financial fixed assets28 | - | - | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €53,429 | €28,225 | €43,825 | €21,028 | €20,580 | ▼ 2.1% |
| Amounts receivable within one year40/41 | €48,361 | €22,695 | €34,831 | €18,887 | €20,580 | ▲ 9.0% |
| Trade receivables40 | - | €19,780 | €28,603 | €14,555 | €19,117 | ▲ 31.3% |
| Other amounts receivable41 | - | €2,915 | €6,228 | €4,331 | €1,463 | ▼ 66.2% |
| Cash at bank and in hand54/58 | €5,068 | €5,530 | €8,994 | €2,142 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,401 | €31,356 | €47,114 | €24,204 | €23,348 | ▼ 3.5% |
| Equity10/15 | €20,816 | €22,668 | €24,223 | €4,113 | €11,807 | ▲ 187% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €10,816 | €12,668 | €14,223 | -€5,887 | €1,807 | ▲ 131% |
| Amounts payable17/49 | €37,585 | €8,688 | €22,891 | €20,091 | €11,542 | ▼ 42.6% |
| Amounts payable within one year42/48 | €37,585 | €8,688 | €16,696 | €20,091 | €11,542 | ▼ 42.6% |
| Financial debts43 | - | - | - | - | €1,543 | - |
| Credit institutions430/8 | - | - | - | - | €1,543 | - |
| Trade debts44 | €34,014 | €3,164 | €10,678 | €799 | €2,230 | ▲ 179% |
| Suppliers440/4 | - | €3,164 | €10,678 | €799 | €2,230 | ▲ 179% |
| Taxes, remuneration and social security45 | - | €4,200 | €1,924 | €2,500 | €3,650 | ▲ 46.0% |
| Taxes450/3 | - | €1,979 | €1,479 | €1,000 | €2,150 | ▲ 115% |
| Remuneration and social security454/9 | - | €2,220 | €444 | €1,500 | €1,500 | = |
| Other amounts payable47/48 | - | €1,325 | €4,095 | €16,792 | €4,119 | ▼ 75.5% |
| Accrued charges and deferred income492/3 | - | - | €6,195 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,075 | €1,852 | €1,555 | -€20,110 | €7,694 | ▲ 138% |
| + Depreciation and write-downs630 | €554 | €1,842 | €1,842 | €1,336 | €407 | ▼ 69.5% |
| Operating cash flow (approximation) | €5,629 | €3,694 | €3,397 | -€18,774 | €8,101 | ▲ 143% |
| Investment in fixed assets (approximation) | - | €0 | -€2,000 | -€1,222 | €0 | ▲ 100% |
| Change in cash | - | €462 | €3,464 | -€6,852 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0111/00W000 | Flanders | 649 m² | 1 · 329 m² | - |
Linked by address, not proof of ownership
Company details
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Register as of 30 September 2026 · Peppol Directory
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