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SPAN DIFFUSION

Active
Private limited companyfounded 199926 yrs activeClos les Masures 11, 4052 Chaudfontaine, BelgiumKBO/BCE: BE 0468.179.408

SPAN DIFFUSION has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €15k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 61% of 7031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-21
Solvency91▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.8 in 2024; short-term debt: 29.5% and cash: 3% of total assets), and 33.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
66.3%
Return on assets
4.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
16 d late
2023
on the day
2022
28 d late
2021
2 d early
2020
23 d early
2019
52 d late
← 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 77.7%
2024 · €67k
2018: €26k 2019: €20k 2020: €21k 2021: €28k 2022: €-1k 2023: €7k 2024: €67k
2018 → 2025
Working capital
€65k▲ 2.0%
2024 · €64k
2018: €53k 2019: €39k 2020: €71k 2021: €84k 2022: €100k 2023: €85k 2024: €64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€239k-€238k▼ 0.5%€221k▼ 7.1%€210k▼ 4.7%€211k▲ 0.3%
Operating result€33k-€-7k€12k€86k▲ 596%€13k▼ 85.0%
Net result€28k-€-1k€7k€67k▲ 802%€15k▼ 77.7%
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2021: €33k€33kNet result 2021: €28k€28kOperating result 2022: €-7k€-7kNet result 2022: €-1k€-1kOperating result 2023: €12k€12kNet result 2023: €7k€7kOperating result 2024: €86k€86kNet result 2024: €67k€67kOperating result 2025: €13k€13kNet result 2025: €15k€15k20212022202320242025
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €318k
Fixed assets €159k▼ 3.7%
Current assets €159k▲ 10.5%
Equity and liabilities €318k
Equity €211k▲ 0.3%
Provisions €4k=
Debt €103k▲ 8.8%
The debt ratio rises from 30.8% to 32.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39k
2024 · €108k
Cash flow
€41k
2024 · €89k
Solvency
66.3%
2024 · 68.0%
Current ratio
1.69
2024 · 1.80
Quick ratio
1.69
2024 · 1.80
Debt / equity
0.49
2024 · 0.45
ROE
7.1%
2024 · 32.0%
ROA
4.7%
2024 · 21.8%
Interest coverage
33.85
2024 · 62.95
Debt
€103k
2024 · €95k
Debt ≤ 1 year
€94k
2024 · €80k
Debt > 1 year
€8k
2024 · €14k
Income taxes
€5k
2024 · €22k
Staff costs
€26k
2024 · €28k
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€309k€318k
Fixed assets21/28€166k€159k
Intangible fixed assets21€120-
Tangible fixed assets22/27€165k€159k
Land and buildings22€137k€132k
Plant, machinery and equipment23€73€475
Furniture and vehicles24€28k€26k
Other tangible fixed assets26€55-
Current assets29/58€144k€159k
Stocks and contracts in progress3€33€33=
Stocks30/36€33€33=
Amounts receivable within one year40/41€92k€118k
Trade receivables40€86k€100k
Other amounts receivable41€6k€17k
Current investments50/53€21k€26k
Cash at bank and in hand54/58€24k€9k
Deferred charges and accrued income490/1€7k€6k
Equity and liabilities
Total equity and liabilities10/49€309k€318k
Equity10/15€210k€211k
Reserves13€33k€33k=
Tax-exempt reserves132€13k€13k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€177k€178k
Provisions and deferred taxes16€4k€4k=
Provisions for liabilities and charges160/5€4k€4k=
Other liabilities and charges164/5€4k€4k=
Amounts payable17/49€95k€103k
Amounts payable after more than one year17€14k€8k
Financial debts170/4€14k€8k
Amounts payable within one year42/48€80k€94k
Current portion of amounts payable after more than one year42€6k€6k
Financial debts43€5k€407
Credit institutions430/8€5k€407
Trade debts44€32k€57k
Suppliers440/4€32k€57k
Taxes, remuneration and social security45€37k€20k
Taxes450/3€33k€16k
Remuneration and social security454/9€4k€4k
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3€1k€2k
Income statement Code20242025
Remuneration, social security and pensions62€28k€26k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€26k
Other operating charges640/8€6k€3k
Gross operating margin9900€141k€68k
Operating profit (loss)9901€86k€13k
Financial income75/76B€5k€9k
Recurring financial income75€5k€2k
Non-recurring financial income76B-€6k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Non-recurring financial charges66B-€93
Profit (loss) for the period before taxes9903€90k€20k
Income taxes67/77€22k€5k
Profit (loss) for the period9904€67k€15k
Profit (loss) for the period to be appropriated9905€67k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€255k€192k
Profit (loss) brought forward from the previous period14P€187k€177k
Transfer to equity691/2€20k-
To other reserves6921€20k-
Profit to be distributed694/7€57k€14k
Return on contributions (dividend)694€57k€14k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
16-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
31-12
Financial Highest result since 2018net €67k ▲802%
Operating result €86k, net result €67k, both a record.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Weakest financial yearnet €-1k ▼104%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
21-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
31-12
Financial Equity above €200kEq €208k ▲10.8%
2 profitable years in a row build equity to €208k.
22-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Chaudfontaine · 2 establishment units since 1999
establishment All 2 establishment units on the map
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.

Clos les Masures 114052 Chaudfontaine
Ground area
2.1 ha
Building footprint
4,971 m²
Volume, LiDAR
523 m³
2 parcels, Flanders, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Clos les Masures 11, 4052 Chaudfontaine
Manufacture of rubber and plastic products
since 19992.094.831.202
Span Diffusion
Karel Van Miertstraat 4A, 3070 KortenbergWarehousing and support activities for transportation
since 20142.225.778.529
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
24055A0217/00A000 Flanders 2.0 ha 1 · 4,871 m² -
62012A0041/00B003 Wallonia 1,258 m² 1 · 100 m² 7.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Federal government

2023 to 2024 · 3 entries · 8,235 EUR in total
Year Department Transactions Amount
2024 FOD Mobiliteit 2 3,086 EUR
2023 FOD Mobiliteit 1 5,149 EUR
Budget allocations
Samenwerkingsakkoord Beliris - Kapitaalover- drachten Brussels Hoofdstedelijk Gewest
2 entries · 7,569 EUR
Samenwerkingsakkoord - Kapitaaloverdrachten naar lokale overheden
1 entry · 666 EUR

Similar companies · same sector, comparable size

Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,782 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-12-1999
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74402
73120Media representation
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:spandiffusion@skynet.be
Establishment Kortenberg 2.225.778.529