SPANDAK
ActiveSummary
For SPANDAK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €59,917 and a net result of €42,355. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 33673 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+73
Solvency97▼-3
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
71.9%
Return on assets
50.8%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-09-2025, 421 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
421 d late
2022
134 d late
2021
11 d late
2020
52 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 93 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€59,917▲ 241%
2022 · €17,561
Total assets
€83,343▲ 375%
2022 · €17,561
Net result
€42,355
2022 · -€724
Working capital
€50,695▲ 189%
2022 · €17,561
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
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 43, Specialised construction 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€5,098▼ 8.2%-€4,564▲ 10.5%-€1,437▲ 68.5%-€624▲ 56.6%€42,365
Net result-€5,140▼ 8.3%-€4,624below the sector's middle half▲ 10.1%-€1,540below the sector's middle half▲ 66.7%-€724below the sector's middle half▲ 53.0%€42,355above the sector's middle half
Equity€24,448▼ 17.4%€19,825below the sector's middle half▼ 18.9%€18,285below the sector's middle half▼ 7.8%€17,561below the sector's middle half▼ 4.0%€59,917within the sector's middle half▲ 241%
Total assets€25,848▼ 16.0%€20,722below the sector's middle half▼ 19.8%€19,337below the sector's middle half▼ 6.7%€17,561below the sector's middle half▼ 9.2%€83,343within the sector's middle half▲ 375%
Debt€1,400▲ 19.4%€898▼ 35.9%€1,052▲ 17.2%€0▼ 100%€23,426
Working capital€21,216▼ 8.3%€19,825within the sector's middle half▼ 6.6%€18,285within the sector's middle half▼ 7.8%€17,561within the sector's middle half▼ 4.0%€50,695within the sector's middle half▲ 189%
Solvency94.6%▼ 1.6pp95.7%above the sector's middle half▲ 1.1pp94.6%above the sector's middle half▼ 1.1pp100.0%above the sector's middle half▲ 5.4pp71.9%above the sector's middle half▼ 28.1pp
Current ratio16.15▼ 4.5723.08above the sector's middle half▲ 6.9318.38above the sector's middle half▼ 4.703.16within the sector's middle half
Return on assets (ROA)-19.9%▼ 4.5pp-22.3%below the sector's middle half▼ 2.4pp-8.0%below the sector's middle half▲ 14.4pp-4.1%below the sector's middle half▲ 3.8pp50.8%above the sector's middle half▲ 54.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €42,365 after a loss of €624 in 2022, the highest result in the available series.
Balance-sheet composition
Assets €83,343
Fixed assets
€9,222
Current assets
€74,122
Equity and liabilities €83,343
Equity
€59,917
Debt
€23,426
Debt finances 28.1% of the balance-sheet total.
Key figures and ratios
Debt to equity
0.39▲
2022 · 0.00
ROE
70.7%▲
2022 · -4.1%
Debt ≤ 1 year
€23,426▲
2022 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,232 | €3,232 | - | - | - | - |
| Other operating charges640/8 | - | - | €449 | €102 | €373 | ▲ 266% |
| Gross operating margin9900 | -€1,421 | -€884 | -€989 | -€522 | €42,738 | ▲ 8,295% |
| Operating profit (loss)9901 | -€5,098 | -€4,564 | -€1,437 | -€624 | €42,365 | ▲ 6,894% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | - | €102 | €100 | €9 | ▼ 90.7% |
| Recurring financial charges65 | €42 | €60 | €102 | €100 | €9 | ▼ 90.7% |
| Profit (loss) for the period before taxes9903 | -€5,140 | -€4,624 | -€1,540 | -€724 | €42,355 | ▲ 5,954% |
| Profit (loss) for the period9904 | -€5,140 | -€4,624 | -€1,540 | -€724 | €42,355 | ▲ 5,954% |
| Profit (loss) for the period to be appropriated9905 | -€5,140 | -€4,624 | -€1,540 | -€724 | €42,355 | ▲ 5,954% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,848 | €20,722 | €19,337 | €17,561 | €83,343 | ▲ 375% |
| Fixed assets21/28 | €3,232 | - | - | - | €9,222 | - |
| Tangible fixed assets22/27 | €3,232 | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €9,222 | - |
| Current assets29/58 | €22,616 | €20,722 | €19,337 | €17,561 | €74,122 | ▲ 322% |
| Amounts receivable within one year40/41 | - | €31 | - | €17,561 | €63,022 | ▲ 259% |
| Trade receivables40 | - | - | - | - | €40,782 | - |
| Other amounts receivable41 | - | - | - | €17,561 | €22,241 | ▲ 26.6% |
| Cash at bank and in hand54/58 | €22,616 | €20,692 | €19,337 | €0 | €11,099 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,848 | €20,722 | €19,337 | €17,561 | €83,343 | ▲ 375% |
| Equity10/15 | €24,448 | €19,825 | €18,285 | €17,561 | €59,917 | ▲ 241% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €7,146 | €7,146 | €7,146 | €7,146 | €7,146 | = |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | - | - | €5,146 | €5,146 | €5,146 | = |
| Profit (loss) carried forward14 | -€2,698 | -€7,321 | -€8,861 | -€9,584 | €32,771 | ▲ 442% |
| Amounts payable17/49 | €1,400 | €898 | €1,052 | €0 | €23,426 | - |
| Amounts payable within one year42/48 | €1,400 | €898 | €1,052 | €0 | €23,426 | - |
| Trade debts44 | €222 | €53 | €207 | €0 | - | - |
| Suppliers440/4 | - | - | €207 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €23,426 | - |
| Taxes450/3 | - | - | - | - | €23,426 | - |
| Other amounts payable47/48 | - | - | €845 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,140 | -€4,624 | -€1,540 | -€724 | €42,355 | ▲ 5,954% |
| + Depreciation and write-downs630 | €3,232 | €3,232 | - | - | - | - |
| Operating cash flow (approximation) | -€1,908 | -€1,392 | -€1,540 | -€724 | €42,355 | ▲ 5,954% |
| Change in cash | - | -€1,925 | -€1,354 | -€19,337 | €11,099 | ▲ 157% |
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
2026
22-05
State Gazette act
Resignation: Mirian Costa de Albuquerque (non-statutory director)Appointment: Wessel Weijzen (non-statutory director)3 facts ▸
State Gazette act
Resignation: Mirian Costa de Albuquerque (non-statutory director)
Appointment: Wessel Weijzen (non-statutory director)3 facts ▸
- General meeting, 04-05-2026
- Director resignation, Mirian Costa de Albuquerque (non-statutory director)
- Director appointment, Wessel Weijzen (non-statutory director)
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 421 days late
2023
31-12
Financial
Back to profitnet €42,355
Net result €42,355 after 5 loss-making years.
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€5,140
Net result drops to -€5,140, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Wessel Weijzen
CurrentNon-statutory director · since 04-05-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 1999
Ground area
8,965 m²
Building footprint
1,730 m²
Volume, LiDAR
60,495 m³
Parcel 23094D0111/00M002, Flanders · tallest building 45.7 m, ±14 floors. Linked by address, not a title deed.
213
companies at this address
See who is registered here
1 establishment unit
Perfectie Construct
since 19992.090.897.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0111/00M002 | Flanders | 8,965 m² | 1 · 1,730 m² | 45.7 m · 14 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Wessel Weijzen |
|
| Mirian Costa de Albuquerque |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
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Of 15,518 companies in sector 43990 we hold annual accounts for 7,426. 6,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
46180Agents specialised in the wholesale of other particular products
46499Wholesale of other household goods
47789Other retail sale of new goods
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465715905
Also
9925:BE0465715905
Registered
27-07-2026
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.