SP properties
ActiveSP properties has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €193k. Equity is shrinking by ~43.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 14% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▲+11
Solvency25=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.1%
Return on assets
2.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4501 sector peers (2025).
NBB · sector comparisonPosition among 4501 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-03-2026, 127 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
127 d early
2024
34 d early
2023
37 d early
2022
48 d early
2021
40 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€193k▲ 1,082%
2024 · €16k
2021: €53k
2022: €272k
2023: €166k
2024: €16k
2021 → 2025
Working capital
€1.38M▲ 718%
2024 · €169k
2021: €220k
2022: €52k
2023: €-39k
2024: €169k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€10k▼ 83.0%€6k▼ 38.7%€6k▲ 5.4%€5k▼ 15.8%
Operating result€115k-€403k▲ 250%€320k▼ 20.8%€285k▼ 10.7%€511k▲ 79.1%
Net result€53k-€272k▲ 417%€166k▼ 38.9%€16k▼ 90.2%€193k▲ 1,082%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.95M
Fixed assets
€1.02M▼ 5.8%
Current assets
€5.94M▲ 63.4%
Equity and liabilities €6.95M
Equity
€5k▼ 15.8%
Debt
€6.95M▲ 47.7%
The debt ratio rises from 99.9% to 99.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€553k▲
2024 · €318k
Cash flow
€235k▲
2024 · €49k
Solvency
0.1%▼
2024 · 0.1%
Current ratio
1.30▲
2024 · 1.05
Quick ratio
0.05▼
2024 · 0.25
ROA
2.8%▲
2024 · 0.3%
Interest coverage
2.10▲
2024 · 1.17
Debt
€6.95M▲
2024 · €4.71M
Debt ≤ 1 year
€4.55M▲
2024 · €3.46M
Debt > 1 year
€2.23M▲
2024 · €1.10M
Income taxes
€56k▲
2024 · €116
Staff costs
€0▼
2024 · €19k
A ratio outside any meaningful range has been withheld (balance sheet total €6.95M, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.71M€6.95M▲
Fixed assets21/28€1.08M€1.02M▼
Intangible fixed assets21€41k€31k▼
Tangible fixed assets22/27€1.04M€986k▼
Land and buildings22€1.00M€983k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€38k€1k▼
Current assets29/58€3.63M€5.94M▲
Stocks and contracts in progress3€2.76M€5.72M▲
Stocks30/36€2.76M€5.72M▲
Amounts receivable within one year40/41€746k€101k▼
Trade receivables40€631k€483▼
Other amounts receivable41€115k€100k▼
Cash at bank and in hand54/58€28k€25k▼
Deferred charges and accrued income490/1€101k€88k▼
Equity and liabilities
Total equity and liabilities10/49€4.71M€6.95M▲
Equity10/15€6k€5k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€1k€319▼
Amounts payable17/49€4.71M€6.95M▲
Amounts payable after more than one year17€1.10M€2.23M▲
Financial debts170/4€1.10M€2.23M▲
Amounts payable within one year42/48€3.46M€4.55M▲
Current portion of amounts payable after more than one year42€58k€125k▲
Financial debts43€514k€1.18M▲
Credit institutions430/8€514k€1.18M▲
Trade debts44€86k€17k▼
Suppliers440/4€86k€17k▼
Taxes, remuneration and social security45€94k€15k▼
Taxes450/3€94k€15k▼
Other amounts payable47/48€2.71M€3.21M▲
Accrued charges and deferred income492/3€143k€167k▲
Income statement
Code20242025
Non-recurring operating income76A€15k€5k▼
Remuneration, social security and pensions62€19k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€42k▲
Other operating charges640/8€26k€31k▲
Non-recurring operating charges66A-€323
Gross operating margin9900€363k€584k▲
Operating profit (loss)9901€285k€511k▲
Financial income75/76B€3k€872▼
Recurring financial income75€3k€872▼
Financial charges65/66B€272k€263k▼
Recurring financial charges65€272k€263k▼
Profit (loss) for the period before taxes9903€16k€249k▲
Income taxes67/77€116€56k▲
Profit (loss) for the period9904€16k€193k▲
Profit (loss) for the period to be appropriated9905€16k€193k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€194k▲
Profit (loss) brought forward from the previous period14P€993€1k▲
Profit to be distributed694/7€16k€194k▲
Employees696€16k€194k▲
Social balance
Average headcount (FTE)90870.50.0▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €16k ▼90.2%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2021net €272k ▲417%
Net result €272k, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hotton · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Simon 466990 HottonGround area
5,836 m²
Building footprint
181 m²
Parcel 83028D0833/00C002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Simon 46, 6990 Hotton
since 20202.304.893.214
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83028D0833/00C002 | Wallonia | 5,836 m² | 1 · 181 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 1,371 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2020
Fiscal year end31-12
Abbreviation FR
SPP
Activities, NACEBEL
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.