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SPAN DIFFUSION

Active Private limited companyfounded 1999active for 26 yearsClos les Masures 11, 4052 ChaudfontaineKBO/BCE: BE 0468.179.408
SPAN DIFFUSION
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Overview

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €244,160 (2015)
€67,927▼ 51.8%
lowest -€1,732 (2011)
€14,998▼ 77.7%
peak €238,741 (2021)
€210,997▲ 0.3%
€103,458▲ 8.8%
peak 1.6 FTE (2017)
-not published
Board1 name since 2021
1 directorSPANOGHE Philippe
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €141,042 to €67,927Result from €67,274 to €14,998Dividend €14,300Cash from €23,944 to €9,400

Key points

from the 2025 annual accounts

Equity

€210,997 ▲ 0.3%
210,2992024+14,998Profit-14,300Dividend210,9972025

SPAN DIFFUSION paid out €14,300 in dividends. That is 95% of the 2025 profit.

Result

€14,998 ▼ 77.7%
€67,3002024€15,0002025

The result fell in 2025 from €67,274 to €14,998.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2019 accounts came latest: 52 days after the end of the period.

Checked score

88
Excellent
Financially stronger than 45% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

91-2equity 66.3% of total assets
42-8short-term debt 29.5% · cash 3.0%
75-21return on assets 4.7%

Score breakdown

raises risk
Liquidity: current ratio 1.69, cash €9,400, halved
lowers risk
Founded in 1999
Size: total assets €318,255
Equity €210,997 (66.3% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 64% of them on solvency, 25% on liquidity, 46% on profitability and 45% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as SPAN DIFFUSION has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SPAN DIFFUSION itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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%

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 17,041 companies, not a prediction for SPAN DIFFUSION. 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

Credit of up to €18,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.69 (1.8 in 2024), above the usual 1.5. Short-term debt is 29.5% and cash 3% of total assets. 33.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €318,255
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.69, cash €9,400, halved
NBB · annual accounts
lowers risk · Equity €210,997 (66.3% of total assets)
NBB · annual accounts
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 days early
2024
16 days late
2023
on the day
2022
28 days late
2021
2 days early
2020
23 days early
2019
52 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SP
SPANOGHE Philippe
Director
Board & ownership

Recent changes

Change of role: SPANOGHE Philippe, from manager to director General meeting of 30-11-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468179408
New establishment in Kortenberg Karel Van Miertstraat 4A
First establishment Clos les Masures 11, Chaudfontaine
All 38 events

Comparable companies

same main activity, similar in size and age
Company
SPAN DIFFUSION Chaudfontaine €318,255 €67,927 66.3% -
STONES DIFFUSION Liège €325,175 €66,646 71.1% -
M & R CONSULT Stavelot €306,532 €76,718 29.7% -
MBH CONSULT Linkebeek €335,245 €69,533 42.4% -
BRAINSTORMING Uccle €326,079 €72,820 21.9% -
INVADOR Sint-Genesius-Rode €303,154 €64,769 3.3% -
TECHNISCH BUREAU VAN LOOCK Mechelen €350,718 €73,166 87.9% -

These companies have the same main activity as SPAN DIFFUSION: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €303,000 and €351,000, founded between 1996 and 2001.

Official details

Source: KBO
Status
Active since 10-12-1999Normal situation
Activity
Advertising agenciesNACE 73110and 1 other
Establishment units
2.094.831.2024052 Chaudfontaine, since 23-12-1999
2.225.778.5293070 Kortenberg, since 20-01-2014
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€67,927▼ 51.8%
≈ €150,000estimated
€14,998▼ 77.7%
€210,997▲ 0.3%
€318,255▲ 2.9%
Employeeson 31-12-2025
1=
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on SPAN DIFFUSION

SPAN DIFFUSION files the micro format. That format states no turnover. The gross margin rose from €39,286 in 2006 to €67,927 in 2025.

The balance sheet grew most from 2008 to 2010 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-07-2026, 3 days before the deadline
€67,927
▼ 51.8%
€12,949
▼ 85.0%
€39,052
▼ 63.7%
€41,100
▼ 53.8%
66.3%
▼ 1.7 percentage points
1.69
▼ 0.10

The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €130,000 and €190,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €318,255 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

66.3%

Higher than 62% of 8,603 companies in 2025.

1.69

Higher than 43% of 8,281 companies in 2025.

4.7%

Higher than 38% of 8,390 companies in 2025.

SPAN DIFFUSION Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half

Staff

€26,051

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 318,255309,227323,748280,604331,690334,219364,586357,428435,326501,755612,292576,630462,866429,465433,508452,826151,297126,502121,246123,807
21/28 159,434165,549159,598142,423163,808172,699189,806196,510174,301186,511203,156231,995261,554263,355286,673312,46431,72949,09248,09062,437
21 -1201,2764,4297,61410,79813,9827,087-----000013,63427,26840,903
22/27 159,434165,428158,322137,994156,194161,901175,824189,423174,301186,511203,156231,995261,554263,355286,673312,46431,72935,45820,82221,534
22 132,500137,211120,016129,672139,328139,570147,855157,062166,884177,366188,741200,933221,754240,576258,948281,396--0-
23 475731395627161,0731,431-5921,1841,8972,60988500-----
24 26,46028,08938,0587,59615,93220,53125,17729,6881,1083,9629,70417,56525,2186,2718,40811,22316,67822,77014,15315,508
26 -551091642197261,3612,6735,7173,9992,81410,88813,69716,50719,31719,84415,05012,6876,6696,027
29/58 158,821143,679164,150138,181167,882161,520174,780160,918261,025315,244409,136344,635201,312166,111146,835140,362119,56877,41073,15661,370
3 33333333333333-------------
30/36 33333333333333-------------
40/41 117,53992,431114,12193,94797,91888,310129,713105,327136,443191,601231,664240,083162,128130,769115,079117,298112,59464,91748,41955,219
40 100,14286,353105,61593,19095,14387,706129,48994,805121,918187,238231,546239,989149,181130,004114,159110,102108,48855,66746,97953,540
41 17,3976,0788,5067582,77560422410,52214,5254,3631189412,9477659207,1964,1069,2501,4411,679
50/53 25,94020,686---------------0--
54/58 9,40023,94448,70741,45654,10058,12031,41142,744113,532111,949164,88693,57232,34633,39830,97622,0396,15312,49324,7365,732
490/1 5,9096,5851,2892,74515,83015,05613,62312,84711,05011,69412,58610,9806,8381,9447801,02582200419
Balance sheet: equity and liabilities
10/49 318,255309,227323,748280,604331,690334,219364,586357,428435,326501,755612,292576,630462,866429,465433,508452,826151,297126,502121,246123,807
10/15 210,997210,299220,785237,625238,741228,555207,839187,555161,158178,370159,803104,06636,97023,60321,55034,28280,91181,09779,30282,720
10/11 --18,60018,60018,60018,60018,60018,60018,60018,6006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ----------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 33,00033,00014,86014,86014,86014,86014,86014,86014,86014,86014,86014,86014,86014,86014,86024,86024,86024,86024,86024,860
130/1 ---1,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860--------------
132 13,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,00013,000
133 20,00020,0001,860-----------010,00010,00010,00010,00010,000
14 177,997177,299187,325204,165205,281195,095174,379154,095127,698144,910138,74383,00615,9102,5434903,22249,85150,03748,24251,660
16 3,8003,8003,8003,8003,8003,8003,8004,598--3,60123,83456,108-------
160/5 3,8003,8003,8003,8003,8003,8003,8004,598--3,60123,83456,108-------
164/5 3,8003,8003,8003,8003,8003,8003,8004,598------------
17/49 103,45895,12899,16239,17989,149101,863152,946165,275274,168323,385448,888448,730369,788405,862411,958418,54470,38545,40541,94441,087
17 7,65213,88119,820-4,67110,22915,97956,62172,023106,307141,630175,705208,575223,711250,805280,5847,47411,06804,262
170/4 7,65213,88119,820-4,67110,22915,97956,62172,023106,307141,630175,705208,575223,711250,805280,5847,47411,06804,262
42/48 93,83179,94778,69238,52983,82890,784136,117107,699202,145217,078307,258273,025161,213181,351159,955137,20562,91134,33741,94435,090
42 6,2295,9395,6634,6715,55826,24140,64239,30834,28435,32334,07432,87031,70927,09429,77926,8903,5933,3884,2629,984
43 4075,397-775---3,257-----4,2509,66303,320---
430/8 4075,397-775---3,257-----4,2509,66303,320---
44 57,35731,76729,38321,65540,77934,69149,35451,60563,11166,385116,391133,59746,40717,93135,69712,38213,8948,34927,07115,896
440/4 57,35731,76729,38321,65540,77934,69149,35451,60563,11166,385116,391133,59746,40717,93135,69712,38213,8948,34927,07115,896
46 ------------649-------
45 19,82836,84426,63611,42836,69528,88844,69611,88573,80086,520122,981105,70881,59842,31723,73319,3798,3279,4616129,210
450/3 16,13632,82323,20110,27317,21527,80732,7579,81161,13883,137113,042105,70881,59842,31723,73319,3798,3277,3306129,210
454/9 3,6914,0213,4351,15419,4801,08111,9392,07412,6623,3839,939--00002,13200
47/48 10,010-17,010-7959651,4251,64430,95028,85033,81285085089,75961,08378,55333,77613,13910,0000
492/3 1,9751,300650650650850850954-----8001,198754-001,735
Income statement
70 ----------------499,649---
76A ------1,7436,392-3,6011,791-5,785-----6,198-
9900 67,927141,04259,69046,18371,62469,324100,98594,570104,005188,890244,160172,787104,549136,35253,36483,65552,39361,36027,76239,286
60/61 ----------------447,256---
62 26,05127,59922,21235,05613,69714,41736,39933,46634,71233,53831,14721,719--------
630 26,10221,60323,09616,07322,84821,46024,03626,64719,36919,77620,80732,52133,57932,21233,00538,63924,74628,59623,51721,783
631/4 -------------1,300-13,073---14,373--
635/8 -------798----5,392--------
640/8 2,8255,7512,0062,4062,4422,5032,4822,1345,0293,3222,8543,1921,85620,9604,1115,0951,2562,0101,9762,136
66A ------41--67714,835-6,89357,656-2,932----1,929
9901 12,94986,09012,376-7,35332,63730,94438,82532,32444,895131,577189,352109,96370,41496,25316,24839,92126,39116,3822,26815,367
75/76B 8,7285,3722,6978,5381,0131851,7436,4931,8442,2482,2061,07813,114242151110165331724
75 2,3145,3722,6972,171163185-1011,8442,2482,2061,07813,114242151110165331724
76B 6,414--6,367850-1,7436,392------------
65/66B 1,2461,7113,6267361,1353,3083,4884,3575,6248,97322,52910,34612,32911,31511,7052,4361,3758671,6631,932
65 1,1541,7113,6267361,0353,3083,4884,3575,6248,97322,52910,34612,32911,31511,7052,4361,3758671,6631,932
66B 93---100---------------
9903 20,43189,75111,44745032,51527,82137,08034,46041,115124,852155,985107,58819,32885,1811,76137,59525,03116,0486,82111,530
67/77 5,43322,4773,9871,5664,2717,10516,7958,06315,32751,28855,24840,4925,96133,1283,49314,2242172,2532393,327
9904 14,99867,2747,460-1,11628,24420,71520,28526,39625,78873,564100,73767,09613,36752,053-1,73223,37124,81413,7956,5828,203
9905 14,99867,2747,460-1,11628,24420,71520,28526,39625,78873,564100,73767,09613,36752,053-1,73223,37124,81413,7956,5828,203
Appropriation of the result
9906 192,297254,599211,625204,165223,339195,095174,379154,095170,698212,307183,74383,00615,91052,5431,49073,22274,85162,03758,24251,660
14P 177,299187,325204,165205,281195,095---------------
791/2 --------------10,000-----
691/2 -20,000------------------
6921 -20,000------------------
694/7 14,30057,30024,300-18,059---43,00067,39745,000--50,00011,00070,00025,00012,00010,000-
694 14,30057,30024,300-----43,00067,39745,000--50,00011,00070,000----
695 ----18,059-----------25,00012,00010,000-
Social balance sheet
9087 111.91.9111.51.21.61.41.40.9--------
Hours worked1013 1,3081,3971,8691,8687988932,3542,3192,4912,3712,4251,751--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00341864 PDF
31-12-2024 micro format 16-08-2025 2025-00378395 PDF
31-12-2023 micro format 31-07-2024 2024-00319045 PDF
31-12-2022 micro format 28-08-2023 2023-00409474 PDF
31-12-2021 micro format 29-07-2022 2022-20246783 PDF
31-12-2020 full format 08-07-2021 2021-33800129 PDF
31-12-2019 full format 21-09-2020 2020-54800300 PDF
31-12-2018 full format 22-08-2019 2019-50100303 PDF
31-12-2017 micro format 18-07-2018 2018-34600545 PDF
31-12-2016 full format 03-08-2017 2017-41800214 PDF
31-12-2015 full format 01-08-2016 2016-39300398 PDF
31-12-2014 full format 23-07-2015 2015-34300097 PDF
31-12-2013 full format 15-10-2014 2014-64800201 PDF
31-12-2012 full format 26-08-2013 2013-47800504 PDF
31-12-2011 full format 27-08-2012 2012-46300406 PDF
31-12-2010 full format 31-08-2011 2011-51900244 PDF
31-12-2009 full format 31-08-2010 2010-51900597 PDF
31-12-2008 full format 28-08-2009 2009-72200098 PDF
31-12-2007 full format 28-08-2008 2008-64700013 PDF
31-12-2006 full format 30-08-2007 2007-65600288 PDF
31-12-2005 full format 26-07-2006 2006-54201751 PDF
31-12-2004 full format 25-08-2005 2005-65504622 PDF
31-12-2003 full format 26-10-2004 2004-75403564 PDF
31-12-2002 full format 18-09-2003 2003-67603843 PDF
31-12-2001 full format 18-06-2002 2002-23604798 PDF
31-12-2000 full format 30-08-2001 2001-53102716 PDF

Subsidies and aid

Federal government 2023 to 2024, 3 entries, €8,235 in total

Samenwerkingsakkoord Beliris - Kapitaalover- drachten Brussels Hoofdstedelijk Gewest
€7,569
Samenwerkingsakkoord - Kapitaaloverdrachten naar lokale overheden
€666
YearDepartmentTransactionsAmount
2024FPS Mobility and Transport2€3,086
2023FPS Mobility and Transport1€5,149

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
39,052107,69235,4728,72155,48552,40462,86058,97164,264151,353210,159142,484103,993128,46549,25378,56051,13744,97725,78637,150
41,10088,87630,55714,95751,09242,17544,32153,04345,15793,340121,54499,61746,94684,26531,27362,01049,56042,39130,09929,985
20,01727,55440,2711,82113,9574,35217,33345,3657,1603,1311,9032,96232,0278,8937,214319,3747,38329,5979,1718,681
-14,544-24,7637,251-12,644-4,02026,709-11,333-70,7881,583-52,93771,31461,226-1,0522,4228,93715,886-6,340-12,24319,004-
64,99063,73285,45899,65284,05470,73638,66253,21858,88098,166101,87871,61040,099-15,241-13,1203,15756,65743,07331,21226,280
----------------5.3%---
66.3%68.0%68.2%84.7%72.0%68.4%57.0%52.5%37.0%35.5%26.1%18.0%8.0%5.5%5.0%7.6%53.5%64.1%65.4%66.8%
1.691.802.093.592.001.781.281.491.291.451.331.261.250.920.921.021.902.251.741.75
1.691.802.093.592.001.781.281.491.291.451.331.261.250.920.921.021.902.251.741.75
0.490.450.450.160.370.450.740.881.701.812.814.3110.0017.2019.1212.210.870.560.530.50
7.1%32.0%3.4%-0.5%11.8%9.1%9.8%14.1%16.0%41.2%63.0%64.5%36.2%220.5%-8.0%68.2%30.7%17.0%8.3%9.9%
4.7%21.8%2.3%-0.4%8.5%6.2%5.6%7.4%5.9%14.7%16.5%11.6%2.9%12.1%-0.4%5.2%16.4%10.9%5.4%6.6%
33.8562.959.7811.8653.61---------------
----------------79 days---
----------------11 days---

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11111
full-time11111
in full-time equivalents11111
111.91.91
On a permanent contract11111
Joined--55-
Left--66-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€165,000€165,000€165,000€165,000€165,000
Carrying value of the mortgaged assets€132,500€137,211€120,016€129,672€139,328
€30,000----

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€20,017€27,554€40,271€1,821€13,957
€26,102€21,603€23,096€16,073€22,848

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SPAN DIFFUSION

The operating result for 2025 is 85% lower than in 2024.

Debt's share of the balance-sheet total rises from 30.8% to 32.5%. Equity and debt are higher.

Board & ownership

Board

1 director, no change since 2023
SPANOGHE Philippe
Director (not named in the articles)
appointed by deed of 13-12-2023 term without a fixed end
earlier manager, until 13-12-2023
listed in the 2025 annual accounts, filed on 28-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 13-12-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
SPANOGHE Philippe
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • SPANOGHE Philippe
    • Director (not named in the articles), since before 31-12-2021
    • Manager, until 13-12-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2023 annual accounts

Articles of association

deed of 13-12-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs, proportionnellement au nombre d’actions acquises, tous cas de…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 18:00

Network & group

No group

SPAN DIFFUSION has no parent and no holdings in its annual accounts. SPANOGHE Philippe is the only director. SPAN DIFFUSION shares no director with another company.

At the same address

Clos les Masures 11, 4052 Chaudfontaine · 1 other company
Spanoghe, Elisa (sole trader)
establishment since 01-04-2026
 founded in 2026
1036.284.652

Timeline

Timeline

38 events since 1999

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 16 days late
2024
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Back to profit net €7,460 The net result is €7,460, after one loss-making year.
Change of role: SPANOGHE Philippe, from manager to directorGeneral meeting of 30-11-20235 points ▸
  • General meeting, 30-11-2023
  • 186 shares
  • Director resignation, SPANOGHE Philippe (manager)
  • Director appointment, SPANOGHE Philippe (director (not named in the articles))
  • Registered office clause, Clos les Masures 11, 4052 Chaudfontaine
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 28 days late
2022
Annual accounts 2021 filed PDFmicro format · 2 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 23 days before the deadline
2020
Registered in the Peppol Directory Reachable for e-invoices through 0208:0468179408
Annual accounts 2019 filed PDFfull format · 52 days late
2019
Equity above €200,000 equity €207,839 ▲10.8% After 8 profitable years in a row, equity reaches €207,839.
Annual accounts 2018 filed PDFfull format · 22 days late
2018
Annual accounts 2017 filed PDFmicro format · 13 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 3 days late
2016
Annual accounts 2015 filed PDFfull format · 1 day late
2015
Highest result from 2006 to 2025 net €100,737 ▲50.1% The operating result of €189,352 and the net result of €100,737 are both a record.
Equity above €150,000 equity €159,803 ▲53.6% After 4 profitable years in a row, equity reaches €159,803.
Annual accounts 2014 filed PDFfull format · 8 days before the deadline
2014
Equity above €100,000 equity €104,066 ▲181% After 3 profitable years in a row, equity reaches €104,066.
Annual accounts 2013 filed PDFfull format · 76 days late
New establishment in Kortenberg Karel Van Miertstraat 4A
2013
Annual accounts 2012 filed PDFfull format · 26 days late
2012
Back to profit net €52,053 The net result is €52,053, after one loss-making year.
Annual accounts 2011 filed PDFfull format · 27 days late
2011
Weakest financial year net -€1,732 The net result drops to -€1,732, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFfull format · 31 days late
2010
Annual accounts 2009 filed PDFfull format · 31 days late
2009
Annual accounts 2008 filed PDFfull format · 28 days late
2008
Annual accounts 2007 filed PDFfull format · 28 days late
2007
Annual accounts 2006 filed PDFfull format · 30 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
1999
First establishment Clos les Masures 11, Chaudfontaine
Incorporation published on 21-12-1999

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SPAN DIFFUSION was incorporated on 10 December 1999.1 SPANOGHE Philippe is director of the company, appointed by deed of 13-12-2023.2 Total assets fell from €357,428 in 2018 to €318,255 in 2025 and headcount from 1.2 to 1 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0468.179.408
VAT number
BE 0468.179.408
Peppol ID
0208:0468179408
Legal form
Private limited company
Status
Active, normal situation
Founded
10-12-1999
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 18:00
deed of 13-12-2023 (in French)
Peppol
Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SPAN DIFFUSION in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-12-2023 (in French)

Activities

NACEBEL 2025
VAT activities
73110 Advertising agencies main activity
73120 Media representation
Social security (RSZ) activities
73110 Advertising agencies main activity
Codes under NACEBEL 2008
VAT activities
73110 Advertising, market research and public relations activities main activity
73120 Media representation
Social security (RSZ) activities
73110 Advertising, market research and public relations activities main activity
Codes under NACEBEL 2003
74402 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’entreprise et l’exploitation de toute affaire d’imprimerie, d’édition et de publicité; L’édition et l’impression de journaux, revues…”
4 activities
  1. L’entreprise et l’exploitation de toute affaire d’imprimerie, d’édition et de publicité ;
  2. L’édition et l’impression de journaux, revues, publications, diverses, livres ; l’exécution de tous travaux d’impression et de reproduction, et en général, toute activité se rapportant aux arts graphiques ;
  3. La distribution de toutes revues, journaux, publicités, notamment « toutes boites », ainsi que tous articles publicitaires ou promotionnels en général ;
  4. La prospection et le développement d’une clientèle dans toutes formes de publicité, par journaux, revues, dépliants, encarts, etc…, la conception et la réalisation, la promotion et la vente de toute campagne publicitaire (par voie de tous supports), la gestion et la répartition de budgets de publicité.
deed of 13-12-2023 (in French)

Registered office and establishments

2 establishments
Establishment Since Unit number
Clos les Masures 11 registered office 4052 Chaudfontaine 23-12-1999 2.094.831.202
Karel Van Miertstraat 4A 3070 Kortenberg 52250 Logistics services 20-01-2014 2.225.778.529

Buildings and parcels at the addresses

Ground area
2.1 ha
Buildings
4,971 m²
Volume, LiDAR
2,927 m³
Tallest building
10.6 m
Buildings to scale, each on its own parcel
4,871 m², 10.6 m 4,871 m², 10.6 m

Location

registered office establishment All 2 establishment units on the map
2 companies at this address See who is registered here

Parcels

Flanders 1 (50%) Wallonia 1 (50%)
Cadastral parcelRegionArea Buildings Height / floors
24055A0217/00A000Flanders2.0 ha 1 · 4,871 m² 10.6 m
62012A0041/00B003Wallonia1,258 m² 1 · 100 m² 7.6 m · 2

Contact

E-mail spandiffusion@skynet.be establishment in Kortenberg

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