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SPANDEX BENELUX

Active
Public limited companyfounded 1988active for 38 yearsExcelsiorlaan 4A, 1930 Zaventem, BelgiumKBO/BCE: BE 0435.235.436
Summary

The computed 12-month bankruptcy probability of SPANDEX BENELUX is 5.6% (elevated). For SPANDEX BENELUX, at least two annual filings are missing. The 2022 annual accounts show equity of €2.0m and a net result of €123,890. Equity has been growing by about 9.5% per year since 2019. The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-09-1988 Normal situation
Activity
Advertising agencies NACE 73110and 1 other
Establishment unit
2.040.322.546 1930 Zaventem, since 28-09-1988
Financial year end
30 April
Peppol
Reachable since 19-01-2026

Board and ownership

Shareholders
  • Viscominvest Acquico AGannual accounts 30-04-2023

Financial position

Bankruptcy probabilitywithin 12 months
5.6%
2022 figures too old to score
Annual accounts to 30-04-2022
Gross margin
€3.3m
Turnover
≈ €5.7m
estimated
Profit
€123,890
▼ 30.2%
Equity
€2.0m
▲ 6.5%
Total assets
€4.2m
▲ 17.7%
Employees on 30-04-2022
20
  • 2024 accounts not filed, 701 days past the deadline
Annual accounts to 30-04-2023 filed on 23-07-2025
Signalsraises riskFigures for financial year 2023 (filed on 30-10-2023)2 financial years not filed after the legal deadline; last filed accounts filed 601 days late; 1 of the last 3 accounts lateSize: 17.5 FTE, total assets €6.5mLiquidity: current ratio 1.40, cash €397,317Two or more financial years not filedneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Average
Solvency 73-5
equity 47.8% of total assets
Liquidity 38-9
short-term debt 44.8% · cash 7.5%
Profitability 55+4
return on assets 2.9%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (722 companies, NACE 73, small)
Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.4%▲ +0.4 percentage points vs 12-2024 02-2025: 2.3%▲ +0.9 percentage points vs 01-2025 03-2025: 2.4%▲ +0.1 percentage points vs 02-2025 04-2025: 2.8%▲ +0.4 percentage points vs 03-2025 05-2025: 2.4%▼ -0.4 percentage points vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 4.2%▲ +1.8 percentage points vs 07-2025 09-2025: 4.2%● unchanged vs 08-2025 10-2025: 4.2%● unchanged vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 5.6%▲ +1.4 percentage points vs 11-2025highest value 01-2026: 5.6%● unchanged vs 12-2025highest value 02-2026: 5.6%● unchanged vs 01-2026highest value 03-2026: 5.6%● unchanged vs 02-2026highest value 04-2026: 5.6%● unchanged vs 03-2026highest value 05-2026: 5.6%● unchanged vs 04-2026highest value 06-2026: 5.6%● unchanged vs 05-2026highest value 07-2026: 5.6%● unchanged vs 06-2026highest value 08-2026: 5.6%● unchanged vs 07-2026highest value 09-2026: 5.6%● unchanged vs 08-2026highest value 10-2026: 5.6%● unchanged vs 09-2026highest value 11-2026: 5.6%● unchanged vs 10-2026highest value
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2023 (filed on 30-10-2023)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 601 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: 17.5 FTE, total assets €6.5m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.40, cash €397,317
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-04-2024, 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 · 9 filings
Position against the passed deadline
30-04-2024 year end30-11-2024 deadline01-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2023 was due by 30-11-2023 and was filed on 30-10-2023, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
31 days early
2022
34 days early
2021
39 days early
2020
34 days early
2019
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 34 days before 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Resignation: Daniel Van Hasselt (director)Appointments: Carlos Vandroemme (director) and Denis Bourgeois (director)
  2. · Gazette deed Reappointment: PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Emmanuel Jennes
  3. · Gazette deed Resignations: Bosma Camiel (director) and Buvens Michaël (director)Appointments: Coulsen Andrew (director) and Van Hasselt Daniel (director)
All 18 events

Comparable companies

These companies have the same main activity as SPANDEX BENELUX: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €4.3m and €7.1m, founded between 1984 and 2001.

CompanyTotal assetsGross margin
SPANDEX BENELUX Zaventem€6.5m€4.9m
SPORTIZON Vilvoorde€4.6m€3.4m
STARS GRAPHICS Sint-Joost-ten-Node€5.6m€2.5m
Kindred Belgium Antwerpen€5.2m€4.0m
Cycling Vlaanderen Gent€4.3m€3.0m
CLAERHOUT Gent€7.1m€1.7m
SAYCOM Manage€6.9m€3.4m
Full comparison

Key facts about SPANDEX BENELUX

What is the company number of SPANDEX BENELUX?
The company number of SPANDEX BENELUX is 0435.235.436. The VAT number is the same number with BE in front: BE 0435.235.436.
Where is SPANDEX BENELUX based?
The registered office is at Excelsiorlaan 4A, 1930 Zaventem.Company details
What does SPANDEX BENELUX do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of SPANDEX BENELUX?
The legal form of SPANDEX BENELUX is Public limited company (NV).
When was SPANDEX BENELUX founded?
SPANDEX BENELUX was founded on 20-09-1988.
Is SPANDEX BENELUX still active?
Yes, SPANDEX BENELUX is an active enterprise in the KBO register.
How many employees does SPANDEX BENELUX have?
SPANDEX BENELUX had an average of 18.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of SPANDEX BENELUX?
The turnover in financial year 2022 is ≈ €5.7m. This figure is estimated from the gross margin of €3.3m and 1,586 comparable companies of the same size. It probably lies between €3.9m and €9.4m. It is a rough estimate. In financial year 2021 turnover was €6.2m.
Is SPANDEX BENELUX profitable?
In financial year 2022, SPANDEX BENELUX made a profit of €123,890.
Where can I find the annual accounts of SPANDEX BENELUX?
SPANDEX BENELUX filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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