SP-Projects
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €150,000 and €410,000.
Balance sheet
balance sheet total €88,907 on 31-12-2025in euro
in euro
Position in the sector
27.4%
Higher than 29% of 35,136 companies in 2025.
0.88
Higher than 17% of 34,510 companies in 2025.
17.5%
Higher than 74% of 34,711 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
88,907 | 30,020 | |
21/28 |
31,873 | 5,063 | |
22/27 |
31,873 | 5,063 | |
23 |
28,313 | 790 | |
24 |
3,560 | 4,273 | |
29/58 |
57,034 | 24,957 | |
40/41 |
23,551 | 8,148 | |
40 |
19,893 | 6,460 | |
41 |
3,657 | 1,688 | |
54/58 |
27,874 | 16,184 | |
490/1 |
5,609 | 624 | |
| Balance sheet: equity and liabilities | |||
10/49 |
88,907 | 30,020 | |
10/15 |
24,373 | 8,840 | |
10/11 |
1,500 | 1,500 | |
13 |
22,873 | 7,340 | |
133 |
22,873 | 7,340 | |
17/49 |
64,534 | 21,180 | |
42/48 |
64,534 | 21,180 | |
44 |
1,819 | - | |
440/4 |
1,819 | - | |
45 |
21,391 | 1,828 | |
450/3 |
4,742 | 1,828 | |
454/9 |
16,648 | - | |
47/48 |
41,324 | 19,352 | |
| Income statement | |||
9900 |
37,756 | 12,608 | |
630 |
15,604 | 3,211 | |
640/8 |
253 | 183 | |
9901 |
21,899 | 9,213 | |
75/76B |
0 | - | |
75 |
0 | - | |
65/66B |
1,789 | 45 | |
65 |
1,789 | 45 | |
9903 |
20,109 | 9,168 | |
67/77 |
4,577 | 1,828 | |
9904 |
15,532 | 7,340 | |
9905 |
15,532 | 7,340 | |
| Appropriation of the result | |||
9906 |
15,532 | 7,340 | |
691/2 |
15,532 | 7,340 | |
6921 |
15,532 | 7,340 | |
| Document | |||
The notes to these accounts have 5 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 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 37,503 | 12,424 | ||
| 31,137 | 10,551 | ||
| 42,414 | 8,275 | ||
| 11,690 | - | ||
| -7,500 | 3,777 | ||
| 27.4% | 29.4% | ||
| 0.88 | 1.18 | ||
| 2.65 | 2.40 | ||
| 63.7% | 83.0% | ||
| 17.5% | 24.5% | ||
| 20.96 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €42,414 | €7,060 |
| Intangible fixed assets | - | €1,214 |
| €15,604 | €3,211 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on SP-Projects
The operating result for 2025 is 138% higher than in 2024.
Debt's share of the balance-sheet total rises from 70.6% to 72.6%. Equity and debt are higher.