SPA Technics
ActiveSummary
SPA Technics has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,647 and a net result of €45,022. Equity is growing by about 75% per year across the filed financial years. Its solvency ranks better than 65% of 9,617 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €97,647
- Profit
- €45,022
Why 98raises risk2 of the last 3 latelowers riskLiquidity: current ratio 3.03, cash €106,244Sector: Office administrative, office support and other business support activities (NACE 82)Equity €97,647 (66.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro): better than 66% on solvency, 84% on liquidity, 87% on profitability and 87% on growth.
The bankruptcy probability was computed on 24-10-2026 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
This company filed its last 3 accounts on average 23 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €45,022 ▲31.2%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 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 lower bankruptcy probability: 0.1% 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 497,475 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% | 0.9% |
| 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 74.5% 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 39,278 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,006 | €9,630 | €9,222 | ▼ 4.2% |
| Other operating charges640/8 | €53 | €855 | €745 | ▼ 12.9% |
| Gross operating margin9900 | €21,470 | €55,142 | €69,641 | ▲ 26.3% |
| Operating profit (loss)9901 | €20,411 | €44,657 | €59,673 | ▲ 33.6% |
| Financial income75/76B | - | - | €9 | - |
| Recurring financial income75 | - | - | €9 | - |
| Financial charges65/66B | €168 | €1,781 | €1,446 | ▼ 18.8% |
| Recurring financial charges65 | €168 | €1,781 | €1,446 | ▼ 18.8% |
| Profit (loss) for the period before taxes9903 | €20,243 | €42,876 | €58,236 | ▲ 35.8% |
| Income taxes67/77 | €4,145 | €8,549 | €13,214 | ▲ 54.6% |
| Profit (loss) for the period9904 | €16,098 | €34,327 | €45,022 | ▲ 31.2% |
| Profit (loss) for the period to be appropriated9905 | €16,098 | €34,327 | €45,022 | ▲ 31.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €27,426 | €99,820 | €147,092 | ▲ 47.4% |
| Formation expenses20 | €1,611 | - | - | - |
| Fixed assets21/28 | - | €37,195 | €27,973 | ▼ 24.8% |
| Tangible fixed assets22/27 | - | €37,195 | €27,973 | ▼ 24.8% |
| Plant, machinery and equipment23 | - | €1,198 | €751 | ▼ 37.3% |
| Furniture and vehicles24 | - | €35,997 | - | - |
| Leasing and similar rights25 | - | - | €27,223 | - |
| Current assets29/58 | €25,815 | €62,625 | €119,119 | ▲ 90.2% |
| Amounts receivable within one year40/41 | €21,668 | €19,272 | €9,253 | ▼ 52.0% |
| Trade receivables40 | €20,665 | €19,272 | €9,253 | ▼ 52.0% |
| Other amounts receivable41 | €1,003 | - | - | - |
| Cash at bank and in hand54/58 | €4,147 | €43,021 | €106,244 | ▲ 147% |
| Deferred charges and accrued income490/1 | - | €332 | €3,621 | ▲ 991% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €27,426 | €99,820 | €147,092 | ▲ 47.4% |
| Equity10/15 | €19,098 | €52,625 | €97,647 | ▲ 85.6% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €16,098 | €49,625 | €94,647 | ▲ 90.7% |
| Distributable reserves133 | €16,098 | €49,625 | €94,647 | ▲ 90.7% |
| Profit (loss) carried forward14 | - | - | €0 | - |
| Amounts payable17/49 | €8,328 | €47,195 | €49,445 | ▲ 4.8% |
| Amounts payable after more than one year17 | - | €19,794 | €10,138 | ▼ 48.8% |
| Financial debts170/4 | - | €19,794 | €10,138 | ▼ 48.8% |
| Amounts payable within one year42/48 | €8,328 | €27,401 | €39,307 | ▲ 43.5% |
| Current portion of amounts payable after more than one year42 | - | €9,193 | €9,655 | ▲ 5.0% |
| Trade debts44 | €1,117 | €3,471 | €5,129 | ▲ 47.8% |
| Suppliers440/4 | €1,117 | €3,471 | €5,129 | ▲ 47.8% |
| Taxes, remuneration and social security45 | €7,145 | €13,559 | €23,782 | ▲ 75.4% |
| Taxes450/3 | €4,145 | €11,934 | €22,157 | ▲ 85.7% |
| Remuneration and social security454/9 | €3,000 | €1,625 | €1,625 | = |
| Other amounts payable47/48 | €66 | €1,178 | €742 | ▼ 37.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,098 | €34,327 | €45,022 | ▲ 31.2% |
| + Depreciation and write-downs630 | €1,006 | €9,630 | €9,222 | ▼ 4.2% |
| Operating cash flow (approximation) | €17,104 | €43,957 | €54,243 | ▲ 23.4% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €38,874 | €63,223 | ▲ 62.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-02-2026 | 2026-00045836 |
| 31-12-2024 | micro format | 06-10-2025 | 2025-00531405 |
| 31-12-2023 | micro format | 04-01-2025 | 2025-00629832 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| PAULY Sven Armand Herman |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-08
Gazette deed
IncorporationAppointment: PAULY Sven Armand Herman (director) · Founder · Registered office clause8 facts ▸
- Incorporation, 07-08-2023
- Founder, PAULY Sven Armand Herman
- Other provision, “overeenkomstig wet, slot-overgangsbepalingen” (deed in Dutch)
- Registered office clause, “3730 Hoeselt, Kruisstraat 33” (deed in Dutch)
- Director appointment, PAULY Sven Armand Herman (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Founding capital, €3,000
- Bank account, “KBC Bank”, 3000 (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73032E0425/00D000 | Flanders | 441 m² | 1 · 251 m² | 8.5 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Administratie,consultancy en managementactiviteiten,omvatten onder meer:; Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder…” (deed in Dutch)
18 activities (deed in Dutch)
- Administratie,consultancy en managementactiviteiten,omvatten onder meer:
- Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het verlenen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie,het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op gebied van bijvoorbeeld planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie en efficiëntie,het kosten en het verlenen van adviezen op het gebied van beheer in het algemeen;
- Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder,zaakvoerder,directeur of vereffenaar;
- Studie -,organisatie en raadgevend bureau inzake juridische,financiële,handels -,bedrijfseconomische of sociale aangelegenheden met inbegrip van alle handelingen die verband houden met advies,documentatie en publicatie over juridische,sociale,economische en financiële problemen;
- Het begeleiden van bedrijven op het gebied van handel,nijverheid en administratie,het verrichten van secretariaatswerkzaamheden,het domiciliëren van bedrijven,het ter beschikking stellen van kantoren,magazijnen en fabricageruimten,het verrichten van voorbereidende studies en adviezen op gebied van management,bedrijfsvoering,economische wetgeving,marketing,export en import,het drukken en uitgeven van studies,rapporten en het verlenen van hulpaan bedrijven in oprichting of bij overname van bestaande bedrijven,zenden en ontvangen van post en meer in het algemeen alles te doen wat de oprichting,de uitbating en het beheer van de bedrijven van nut kan zijn.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen.
- De vennootschap zal als doel hebben; het beheren,administreren,exploiteren,huren,verhuren,aankopen en vervreemden van effecten,onroerende goederen en alle andere vermogenswaarden,alsmede het verrichten van beleggingen van allerlei aard;
- Het deelnemen in en/of voeren van de directie over andere ondernemingen.
- Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante activa,
- De aan en verkoop,in en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ’t kort tussenpersoon in de handel
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe technologieën en hun toepassing
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm; in dit kader kan zij alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Kraanverhuur; handel in bouwmaterialen; transport voor derden; verhuur of leasing van personenauto’s,auto’s dubbel gebruik,minibussen en lichte bestelwagens (met of zonder bestuurder); verhuur of leasing van vrachtwagens (met of zonder bestuurder);
- Verhuur of leasing van schepen en pleziervaartuigen; verhuur of leasing van overige transportmiddelen voor vervoer te land,ter zee en in de lucht; verhuur of leasing van machines en werktuigen voor landbouw,veeteelt,bosbouw; verhuur of leasing van machines en installaties voor de bouwnijverheid; verhuur of leasing van steigers en werkplatforms; verhuur of leasing van kantoormachines en computers; verhuur of leasing van overige machines,voertuigen en werktuigen; verhuur of leasing van alle overige roerende goederen.
- Klein- en groothandel in het algemeen
- Algemene dienstverlening aan bedrijven
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SPA Technics
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, onbepaalde duur” (deed in Dutch)“Nodig of nuttig voor verwezenlijking voorwerp, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie krachtens statuten indien geen andere benoemd, om welke reden en op welk ogenblik ook” (deed in Dutch)