Skip to content
Checked.be
Complete company report
Generated 12-08-2026
Active BE 0465.715.905Private limited company

SPANDAK

Da Vincilaan 1 ·1930 Zaventem, Belgium· 27 yrs active
Sector: Overige gespecialiseerde bouwactiviteiten, neg (43990)
Conclusion Checked

The computed 12-month bankruptcy probability of SPANDAK is 1.0% (low). The 2023 annual accounts show equity of €60k and a net result of €42k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 9099 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €60k
Net result €42k
Better than sector 86%
Active 27 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health93Profitability100Solvency100Growth78Stability100
94 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 100
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1999, 27 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
93 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 25-09-2025 with the NBB · fiscal year 2023 · micro
€-20k€0€20k€40kOperating result 2019: €-5k€-5kNet result 2019: €-5k€-5kOperating result 2020: €-5k€-5kNet result 2020: €-7k€-7kOperating result 2021: €-1k€-1kNet result 2021: €-2k€-2kOperating result 2022: €-624€-624Net result 2022: €-724€-724Operating result 2023: €42k€42kNet result 2023: €42k€42k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~7.8%/year over 6 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k2024: €16k (€11k - €20k)2025: €14k (€10k - €19k)2026: €13k (€7k - €20k)2018: €30k2019: €24k2020: €20k2021: €18k2022: €18k2023: €60k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 71.9% 38.7%
better than 86% of 9099 sector peers
Net result €42k €12k
better than 83% of 9084 sector peers
Equity €60k €30k
better than 72% of 9105 sector peers
Gross operating margin €43k €33k
better than 58% of 9074 sector peers
Total assets €83k €89k
better than 47% of 9100 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-1k
+28.7% 18-23
Net profit
€42k
- 18-23
Cash flow
€-4k
-114.3% 18-23
Total assets
€83k
+374.6% 18-23
Equity
€60k
+241.2% 18-23
Working capital
€51k
+188.7% 18-23
Income taxes
€0
- 18-23
Debt
€23k
- 18-23
Debt ≤ 1y
€23k
- 18-23
Current ratio
3.16
-82.8% 18-23
Quick ratio
3.16
-82.8% 18-23
Solvency
71.9%
-28.1% 18-23
Debt / equity
0.39
- 18-23
ROE
70.7%
- 18-23
ROA
50.8%
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA-
Net profit€42k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€83k
Equity€60k
Debt€23k
of which ≤ 1y€23k
of which > 1y-
Working capital€51k
Employees (FTE)-
Ratios (computed)
2023
Current ratio3.16
Quick ratio3.16
Working capital ratio60.8%
Solvency71.9%
Debt / equity0.39
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA50.8%
ROE70.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€83k
Fixed assets 21/28€9k
Financial fixed assets 28€9k
Current assets 29/58€74k
Amounts receivable within one year 40/41€63k
Cash & bank 54/58€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€83k
Equity 10/15€60k
Contributions / capital 10/11€20k
Reserves 13€7k
Accumulated profits (losses) 14€33k
Amounts payable 17/49€23k
Amounts payable within one year 42/48€23k
Income statement
Gross operating margin 9900€43k
Operating result 9901€42k
Financial income 75€0
Financial charges 65€9
Result before taxes 9903€42k
Net result for the period 9904€42k
Result to be appropriated 9905€42k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
Former directors (2)
  • VAN STAPPEN Sarah
    Director
    State Gazette act 23023849 (17-02-2023)
    Former
    17-02-2023 → 20-12-2024
    2 events
    • 20-12-2024 Resigned· Manager
    • 17-02-2023 Appointed· Director
  • Van Der Elst Karla
    Director
    State Gazette act 23023849 (17-02-2023)
    Former
    - → 31-12-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form Private limited company(610)
Incorporation24-03-1999
StatusActive
Postal code1930
Connections & network 78 connected companies
Network connections
ALFA LAVAL BENELUX
Shared address
→
APSB
Shared address
→
ARDOS
Shared address
→
Assameera
Shared address
→
→
Aura Invest
Shared address
→
B.C. Oncology
Shared address
→
BAYARD BENELUX
Shared address
→
BeHault Tech
Shared address
→
BENELUX SOFT
Shared address
→
BEPROJECTS.be
Shared address
→
BMI SERVICES
Shared address
→
BQ-INTERIORS
Shared address
→
→
BUSINESS 4 US
Shared address
→
COMPACT BIO ENERGY
Shared address
→
CONCEALT
Shared address
→
CORPULS BELGIUM
Shared address
→
CR Projects
Shared address
→
→
D.M.T.
Shared address
→
DE KLUSCENTRALE
Shared address
→
DE PRINS SERVICES
Shared address
→
DEO
Shared address
→
DINVEI
Shared address
→
→
Droia GD LP
Shared address
→
Gibit Solutions
Shared address
→
GITS
Shared address
→
HTKS
Shared address
→
IBC Concepts
Shared address
→
IKLIMYA
Shared address
→
Immofy
Shared address
→
IMPRO EUROPE
Shared address
→
→
Inter Quality Service
Shared address
→
IPMS+
Shared address
→
KENOS
Shared address
→
KLN FREIGHT (BELGIUM)
Shared address
→
M&H BIO
Shared address
→
M.N
Shared address
→
Maanani Afbouw
Shared address
→
→
Met Alliance Group
Shared address
→
Metaptys
Shared address
→
→
MODUS : GRAFIKA
Shared address
→
Multigreen Group
Shared address
→
NO-LAG SERVICES
Shared address
→
OldCo193
Shared address
→
OneHub
Shared address
→
Pain Carré
Shared address
→
Parcus Recycling
Shared address
→
Prosatt
Shared address
→
Real Balance For Life
Shared address
→
→
SAFAR BEL
Shared address
→
SBS SOLUTIONS
Shared address
→
sealed air belgium
Shared address
→
SEALVIER CONSULTING
Shared address
→
SILVA SERVICES
Shared address
→
STAR CAR
Shared address
→
TEAMDIGITAL
Shared address
→
Tempro
Shared address
→
Time Strategy
Shared address
→
TIRAKAA COMPANY
Shared address
→
TRESCAL
Shared address
→
VAARSCHOOL
Shared address
→
→
VE.ST.O
Shared address
→
VEBUCO
Shared address
→
VERLIBO
Shared address
→
Vleminckx
Shared address
→
Wella Belgium
Shared address
→
WESERVE BELGIUM
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
Perfectie Construct
Da Vincilaan 1, 1930 ZaventemZagen en schaven van hout, impregneren van hout
since 19992.090.897.158
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-09-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
10-01-2025
State Gazette act Statutes amendment
v3.2
2023
12-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
27-11-2023
State Gazette act Registered-office change
v3.2
17-02-2023
State Gazette act Registered-office change
v3.2
2022
11-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
09-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
11-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
03-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
14-12-2018
State Gazette act Registered-office change
v3.2
30-05-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
07-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
23-05-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
30-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Belgisch Staatsblad, acts 4 acts
Address history · 3
27-11-2023
v3.2
17-02-2023
v3.2
14-12-2018
v3.2
All acts · 4 updated 1 year ago
2025
10-01-2025 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": false,
    "seat_change": false,
    "object_change": true,
    "effective_date": "2024-12-20",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0465.715.905",
    "name_full": "SPANDAK",
    "legal_form": "BVBA"
  },
  "signature_regime": "solo",
  "special_mandates": [
    {
      "quote": "De vergadering machtigt IMPACCT ACCOUNTANTS, gevestigd te 3001 Leuven, Naamsesteenweg 121 bus 2, met ondernemingsnummer 0687.783.745, haar aangestelden en gevolmachtigden, met mogelijkheid tot indeplaatsstelling, en die elk afzonderlijk kunnen handelen, om de inschrijving van de vennootschap in het rechtspersonenregister te wijzigen en de hierboven genomen besluiten ter kennis te brengen van wie het behoort, onder meer van de belastingdiensten en andere overheidsinstellingen en alle formaliteiten te vervullen en documenten te ondertekenen met het oog op de wijziging/verbetering van de inschrijving van de vennootschap in de Kruispuntbank voor Ondernemingen via het ondernemingsloket.",
      "holder_kbo": "0687.783.745",
      "holder_name": "IMPACCT ACCOUNTANTS",
      "scope_categories": [
        "KBO",
        "tax",
        "filing",
        "publication"
      ],
      "with_substitution": true
    }
  ],
  "governance_change": {
    "admin_delegated_added": []
  }
}
2023
27-11-2023 Registered office moved from Wommelgem to Zaventem Registered-office change
  • Nijverheidsstraat 70, 2160 Wommelgem → Da Vincilaan 1, 1930 Zaventem
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Zaventem",
        "region": "Vlaams Gewest",
        "street": "Da Vincilaan",
        "country": "BE",
        "postcode": "1930",
        "box_number": null,
        "street_number": "1"
      },
      "old_address": {
        "city": "Wommelgem",
        "region": "Vlaams Gewest",
        "street": "Nijverheidsstraat",
        "country": "BE",
        "postcode": "2160",
        "box_number": null,
        "street_number": "70"
      },
      "effective_date": "2023-06-16",
      "evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Nijverheidsstraat 70, 2160 Wommelgem naar Da Vincilaan 1, 1930 Zaventem, en dit vanaf 16/06/2023."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0465.715.905",
    "name_full": "SPANDAK",
    "legal_form": "BVBA"
  }
}
17-02-2023 Registered office moved from Heist-op-den-berg to Wommelgem Registered-office change
  • Schaliehoevestraat 92, 2220 Heist-op-den-berg → Nijverheidsstraat 70, 2160 Wommelgem
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Wommelgem",
        "region": null,
        "street": "Nijverheidsstraat",
        "country": "BE",
        "postcode": "2160",
        "box_number": null,
        "street_number": "70"
      },
      "old_address": {
        "city": "Heist-op-den-berg",
        "region": null,
        "street": "Schaliehoevestraat",
        "country": "BE",
        "postcode": "2220",
        "box_number": null,
        "street_number": "92"
      },
      "effective_date": "2023-01-11",
      "evidence_quote": "Maatschappelijke zetel wordt verplaats naar Nijverheidsstraat 70, 2160 Wommelgem"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0465.715.905",
    "name_full": "SPANDAK",
    "legal_form": "BVBA"
  }
}
2018
14-12-2018 Registered office moved from Keerbergen to Heist op den Berg Registered-office change
  • Schrieksebaan 279, 3140 Keerbergen → Schaliehoevestraat 92, 2220 Heist op den Berg
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Heist op den Berg",
        "region": null,
        "street": "Schaliehoevestraat",
        "country": "BE",
        "postcode": "2220",
        "box_number": null,
        "street_number": "92"
      },
      "old_address": {
        "city": "Keerbergen",
        "region": null,
        "street": "Schrieksebaan",
        "country": "BE",
        "postcode": "3140",
        "box_number": null,
        "street_number": "279"
      },
      "effective_date": "2018-11-19",
      "evidence_quote": "Vanaf 19/11/2018 zal de maatschappelijke en uitbatingszetel Schrieksebaan 279 te 3140 Keerbergen gewijzigd worden naar het nieuwe adres Schaliehoevestraat 92 te 2220 Heist op den Berg."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0465.715.905",
    "name_full": "SPANDAK",
    "legal_form": "BVBA"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Handelsbemiddeling gespecialiseerd in andere goederen46180Handelsbemiddeling in de groothandel in andere specifieke goederen46180Groothandel in andere consumentenartikelen, n.e.g.46499Groothandel in andere consumentenartikelen, neg46499Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.47789Overige detailhandel in nieuwe artikelen neg47789Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL SPANDAK
Registered office
Da Vincilaan 1
1930 Zaventem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 1,966 of 15,530 companies in this sector with filed accounts
LAFORGE CONSTRUCTION BE 0800.556.044 · Somme-Leuze
HOPE RANCH B. BE 0802.434.082 · Gesves
PMCV CONSTRUCT BE 0743.645.847 · Sint-Pieters-Leeuw
DF CONCEPTION BE 0781.403.195 · Dinant
FINN ART BUILDING BE 0781.570.273 · Beringen
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative