Equity
€29,380 ▲ 32.5%
SPACO paid out €40,000 in dividends. That is 85% of the 2025 profit.
SPACO
Lifetime
4 annual accounts with figures on one time axispeak €88,745 (2024)
€62,732▼ 29.3%
lowest -€807 (2023)
€47,206▼ 31.0%
peak €29,380 (2025)
€29,380▲ 32.5%
€111,559▲ 45.6%
Board1 name since 2022
1 director
Documentsfilings and deeds
13-03-2026140 days before the deadline
2025micro format
Gross margin from €88,745 to €62,732Result from €68,449 to €47,206Dividend €40,000Equity from €22,174 to €29,380Debts from €76,636 to €111,559Cash from €96,310 to €60,437
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as SPACO has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,974 companies, not a prediction for SPACO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779819523
Incorporation
Founding capital of €3,500, 100 shares · Founder: · Appointment: (director) · published on 11-01-2022 · Gazette deed
First establishment
G. E. Lebonlaan 90, Auderghem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SPACO Auderghem | €140,939 | €62,732 | 20.8% | - |
| MMJ ASSOCIES Auderghem | €146,699 | €57,016 | 66.5% | - |
| Koole & co Aarschot | €128,700 | €52,068 | 25.9% | - |
| Untangled Deinze | €150,725 | €64,366 | 79.2% | - |
| Smart Payroll Consultancy Business Grimbergen | €122,022 | €53,107 | 0.8% | - |
| Eve's HR House Kontich | €164,969 | €52,370 | 82.1% | - |
| FALZ GROUP Tervuren | €160,147 | €77,420 | 50.5% | - |
These companies have the same main activity as SPACO: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €122,000 and €165,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 07-01-2022Normal situation
- Activity
- Employment placement agenciesNACE 78100and 2 others
- Establishment unit
- 2.327.251.1201160 Auderghem, since 07-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-06-2026
Annual accounts 2025
- ≈ €190,000estimated
- €140,939▲ 42.6%
- Filing
- Filed on 13-03-2026, 140 days before the end of the filing period
Insights on SPACO
SPACO files the micro format. That format states no turnover. The gross margin rose from €7,179 in 2022 to €62,732 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SPACO
- What is the company number of SPACO?
- The company number of SPACO is 0779.819.523. The VAT number is the same number with BE in front: BE 0779.819.523.
- Where is SPACO based?
- The registered office is at G. E. Lebonlaan 90, 1160 Auderghem.Company details
- What does SPACO do?
- According to the KBO register, the main activity is employment placement agencies (NACE 78100).
- What is the legal form of SPACO?
- SPACO is a private limited company (BV).
- When was SPACO founded?
- SPACO was founded on 07-01-2022.
- Is SPACO still active?
- Yes, SPACO is an active enterprise in the KBO register.
- What is the turnover of SPACO?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €62,732 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €330,000. It is a rough estimate.Financials
- Is SPACO profitable?
- In financial year 2025, SPACO made a profit of €47,206.
- Where can I find the annual accounts of SPACO?
- SPACO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPACO due?
- SPACO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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