SPACIT
ActiveThe file of SPACIT contains 5 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show negative equity (-€1.6m) and a net result of -€2.6m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 19372 sector peers (fiscal year 2024).
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Signals
This company filed its last 6 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 562 companies that looked in July 2024 the way this one looks now, 7.1% went bankrupt within 24 months and 87% are still going.
- Small
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: ≥ 25% 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 497,340 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 562 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €47,778 | €48,628 | €249,746 | €621,728 | ▲ 149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,752 | €5,596 | €5,596 | €189,661 | €523,206 | ▲ 176% |
| Other operating charges640/8 | - | €4,881 | €13,915 | €5,514 | €11,707 | ▲ 112% |
| Non-recurring operating charges66A | - | - | - | €2,264 | €0 | ▼ 100% |
| Gross operating margin9900 | €41,136 | -€188,803 | -€263,251 | -€1.2m | -€1.0m | ▲ 13.8% |
| Operating profit (loss)9901 | -€4,937 | -€247,057 | -€331,390 | -€1.6m | -€2.2m | ▼ 33.8% |
| Financial income75/76B | - | - | €1 | €661 | €4,705 | ▲ 612% |
| Recurring financial income75 | - | - | €1 | €661 | €4,705 | ▲ 612% |
| Financial charges65/66B | - | €24,641 | €59,465 | €143,548 | €392,407 | ▲ 173% |
| Recurring financial charges65 | €5,529 | €24,641 | €59,465 | €143,548 | €392,407 | ▲ 173% |
| Profit (loss) for the period before taxes9903 | -€10,465 | -€271,698 | -€390,854 | -€1.8m | -€2.6m | ▼ 45.0% |
| Income taxes67/77 | - | -€65 | €429 | €2,974 | -€123 | ▼ 104% |
| Profit (loss) for the period9904 | -€10,465 | -€271,633 | -€391,283 | -€1.8m | -€2.6m | ▼ 44.7% |
| Profit (loss) for the period to be appropriated9905 | -€10,465 | -€271,633 | -€391,283 | -€1.8m | -€2.6m | ▼ 44.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €2.8m | €4.5m | €9.4m | €8.6m | ▼ 8.3% |
| Formation expenses20 | €248,838 | €246,338 | €536,246 | €871,942 | €697,285 | ▼ 20.0% |
| Fixed assets21/28 | €2.3m | €2.5m | €3.8m | €8.0m | €7.8m | ▼ 3.6% |
| Tangible fixed assets22/27 | €2.3m | €2.5m | €3.8m | €8.0m | €7.8m | ▼ 3.6% |
| Land and buildings22 | - | - | - | €7.5m | €7.3m | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | €3,268 | €13,893 | ▲ 325% |
| Furniture and vehicles24 | - | €7,445 | €4,349 | €370,109 | €289,179 | ▼ 21.9% |
| Leasing and similar rights25 | - | - | - | €213,465 | €168,180 | ▼ 21.2% |
| Assets under construction and advance payments27 | - | €2.5m | €3.8m | €0 | - | - |
| Financial fixed assets28 | €7,605 | €11,070 | €11,070 | €326 | €326 | = |
| Current assets29/58 | €304,158 | €24,555 | €131,841 | €473,729 | €160,161 | ▼ 66.2% |
| Amounts receivable within one year40/41 | €7,917 | €6,824 | €71,979 | €454,698 | €147,932 | ▼ 67.5% |
| Trade receivables40 | - | €85 | €1,798 | €9,001 | €9,001 | = |
| Other amounts receivable41 | - | €6,739 | €70,182 | €445,697 | €138,931 | ▼ 68.8% |
| Cash at bank and in hand54/58 | €279,698 | €6,031 | €53,002 | €16,854 | €10,052 | ▼ 40.4% |
| Deferred charges and accrued income490/1 | - | €11,701 | €6,859 | €2,176 | €2,176 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €2.8m | €4.5m | €9.4m | €8.6m | ▼ 8.3% |
| Equity10/15 | €730,097 | €458,464 | €827,681 | -€938,017 | -€1.6m | ▼ 69.2% |
| Contributions10/11 | - | €739,500 | €1.5m | €1.5m | €3.4m | ▲ 127% |
| Profit (loss) carried forward14 | -€9,403 | -€281,036 | -€672,319 | -€2.4m | -€5.0m | ▼ 105% |
| Amounts payable17/49 | €2.1m | €2.3m | €3.7m | €10.3m | €10.2m | ▼ 1.2% |
| Amounts payable after more than one year17 | €1.4m | €1.3m | €2.9m | €7.1m | €6.0m | ▼ 15.7% |
| Financial debts170/4 | - | €1.3m | €2.9m | €7.1m | €6.0m | ▼ 15.7% |
| Amounts payable within one year42/48 | €679,946 | €986,359 | €784,277 | €3.2m | €4.2m | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | - | €86,262 | €191,123 | €338,417 | €358,185 | ▲ 5.8% |
| Financial debts43 | - | €125,000 | €60,000 | €119,187 | €2.1m | ▲ 1,669% |
| Credit institutions430/8 | - | €125,000 | €60,000 | €119,187 | €404,254 | ▲ 239% |
| Other loans439 | - | - | - | - | €1.7m | - |
| Trade debts44 | €271,848 | €216,991 | €317,915 | €2.5m | €1.3m | ▼ 45.6% |
| Suppliers440/4 | - | €216,991 | €317,915 | €2.5m | €1.3m | ▼ 45.6% |
| Taxes, remuneration and social security45 | - | €6,775 | €11,494 | €48,904 | €208,817 | ▲ 327% |
| Taxes450/3 | - | - | €2,311 | €26,249 | €81,208 | ▲ 209% |
| Remuneration and social security454/9 | - | €6,775 | €9,183 | €22,655 | €127,609 | ▲ 463% |
| Other amounts payable47/48 | - | €551,331 | €203,745 | €181,545 | €173,560 | ▼ 4.4% |
| Accrued charges and deferred income492/3 | - | - | - | €101,558 | €57,957 | ▼ 42.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,465 | -€271,633 | -€391,283 | -€1.8m | -€2.6m | ▼ 44.7% |
| + Depreciation and write-downs630 | €4,752 | €5,596 | €5,596 | €189,661 | €523,206 | ▲ 176% |
| Operating cash flow (approximation) | -€5,713 | -€266,037 | -€385,687 | -€1.6m | -€2.0m | ▼ 28.9% |
| Investment in fixed assets (approximation) | - | -€236,217 | -€1.3m | -€4.4m | -€236,219 | ▲ 94.7% |
| Change in cash | - | -€273,667 | €46,972 | -€36,148 | -€6,803 | ▲ 81.2% |
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
07-08
State Gazette act
Appointments: Moore Audit BV, NEYRINCK Karl Michel Norbert and 2 othersResignations: DONAT Zvi (director) and D-MILL (director) · Permanent representative: DUMOULIN David Johan Antoine · Share class26 facts ▸
- Share class, alle bestaande categorieën van aandelen, afschaffen
- Related document, bijzonder verslag, instrumenterende notaris
- Declaration, geen financiële en boekhoudkundige gegevens, geen beoordeling nodig van een commissaris, bedrijfsrevisor of een externe accountant
- General meeting, unaniem, instemming met de vraag tot toetreding van een nieuwe aandeelhouder
- General meeting, behandeling van aangekondigde verslagen met betrekking tot de bijkomende inbreng in natura, aandeelhouders hebben sinds meer dan vijftien dagen voor de ondertek…
- Auditor appointment, Moore Audit BV (company auditor)
- Auditor report, inbreng in natura, geen bevindingen van materieel belang inzake de beschrijving van de in te brengen bestanddelen, de toegepaste waardering en de daartoe aangew…
- Related document, 24-07-2026
- General meeting, onmiddellijk na voormelde toetreding, verhogen van het vermogen van de vennootschap
- Transfer restriction, huidige aandeelhouders, statuten en Wetboek van vennootschappen en verenigingen
- Capital, €4.587.782,65
- Capital conversion, onbeschikbaar eigen vermogen
- +14 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 3
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0157/12G000 | Flanders | 618 m² | - | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| David Dumoulin |
|
| DONAT Zvi |
|
| NEYRINCK Karl Michel Norbert |
|
| Moore Audit |
|
| D-MILL |
|
Articles of association
Full text
ACHTSTE BESLUIT Ten gevolge van de genomen beslissingen besluit de vergadering de tekst van de statuten in overeenstemming te brengen met de hiervoor genomen besluiten, door de wijziging van de statuten, als volgt: A. wijziging van artikel 5: De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn, hun bevoegdheid. Bij gebrek aan bepaling van de duurtijd, wordt hun mandaat geacht van onbepaalde duur te zijn. Wanneer de bestuurders een collegiaal orgaan vormen en de plaats van een bestuurder openvalt vóór het einde van zijn mandaat dient zo spoedig mogelijk te worden voorzien in de invulling van het opengevallen mandaat, desgevallend door middel van coöptatie waarbij het bestuursorgaan voor de invulling van de betrokken vacature zal kiezen uit de lijst van de voorgestelde kandidaten.” “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Onverminderd de algemene vertegenwoordigings-macht van het bestuursorgaan als college, zijn alle akten die de vennootschap verbinden, in en buiten rechte, geldig wanneer zij ondertekend worden door de voorzitter van het bestuursorgaan en een bestuurder die gezamenlijk optreden. Hij/zij moet (en) tegenover derden geen bewijs leveren van zijn/haar/hun machten.” C. wijziging van artikel 19: “Artikel 19. Beraadslagingen
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- 07-08-2026 Converted to unavailable equity · 1,182,000 EUR
- 07-08-2026 Capital increase of 1,182,000 EUR · to 4,587,782.65 EUR · 1,926,668 new shares · in kind
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.