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SPA AUTO SERVICE

Active
Private limited companyfounded 2016active for 9 yearsAvenue Reine Astrid 167, 4900 Spa, BelgiumKBO/BCE: BE 0666.790.668
Summary

The computed 12-month bankruptcy probability of SPA AUTO SERVICE is 1.7% (moderate). The 2025 annual accounts show equity of €62,850 and a net result of €27,721. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 36% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€363,998total assets 2025
Staff
1 FTE
Equity
€62,850
Profit
€27,721
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Accounts filed 55 days late0 of 2 deeds read
Why 55raises riskLatest accounts 55 days late; 3 of the last 3 lateSector: Retail trade (NACE 47)Equity €62,850 (17.3% of total assets)Size: total assets €363,998Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency 42+3
equity 17.3% of total assets
Liquidity 14-6
short-term debt 82.7% · cash 7.8%
Profitability 78+12
return on assets 7.6%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,225 companies, NACE 47, micro)
Last 24 months 11-2024: 7.3% 12-2024: 8.6%▲ +1.3 percentage points vs 11-2024 01-2025: 10.1%▲ +1.5 percentage points vs 12-2024 02-2025: 10.1%● unchanged vs 01-2025 03-2025: 10.6%▲ +0.5 percentage points vs 02-2025 04-2025: 9.8%▼ -0.8 percentage points vs 03-2025 05-2025: 9.8%● unchanged vs 04-2025 06-2025: 9.7%▼ -0.1 percentage points vs 05-2025 07-2025: 9.7%● unchanged vs 06-2025 08-2025: 11.9%▲ +2.2 percentage points vs 07-2025highest value 09-2025: 11.9%● unchanged vs 08-2025 10-2025: 11.9%● unchanged vs 09-2025 11-2025: 11.9%● unchanged vs 10-2025 12-2025: 11.9%● unchanged vs 11-2025 01-2026: 11.9%● unchanged vs 12-2025 02-2026: 10.5%▼ -1.4 percentage points vs 01-2026 03-2026: 11.0%▲ +0.5 percentage points vs 02-2026 04-2026: 10.1%▼ -0.9 percentage points vs 03-2026 05-2026: 10.1%● unchanged vs 04-2026 06-2026: 4.1%▼ -6.0 percentage points vs 05-2026 07-2026: 4.0%▼ -0.1 percentage points vs 06-2026 08-2026: 4.4%▲ +0.4 percentage points vs 07-2026 09-2026: 5.1%▲ +0.7 percentage points vs 08-2026 10-2026: 1.7%▼ -3.4 percentage points vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 1.0 in 2024, below the usual 1.5; short-term debt: 82.7% and cash: 7.8% of total assets), and 82.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 33% on solvency, 14% on liquidity, 68% on profitability and 90% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Latest accounts 55 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €62,850 (17.3% of total assets)
NBB · annual accounts
raises risk · Size: total assets €363,998
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
55 days late
2024
278 days late
2023
547 days late
2022
357 days late
2021
421 days late
2019
94 days late
2017
84 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 262 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 filed years within 191 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Total assets 20256 financial years filed €363,998 View
  • Active since 2016founded 29-11-2016 9 years View

By topic

Financials

Financial year
2025
Total assets
€363,998
Profit
€27,721
Solvency
17.3%
Total assets▲ 49.7%
Net result
20192025
Go to Financials

Timeline

Events
9
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2025Back to profit
  2. 31-12-2024Weakest financial year
  3. 22-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
29-11-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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