Spapen BV
ActiveSummary
The computed 12-month bankruptcy probability of Spapen BV is 3.2% (moderate). The annual accounts of Spapen BV for financial year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €11,829 and a net result of -€15,835. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 9,415 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-06-2021 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Establishment unit
- 2.324.562.438 2440 Geel, since 09-06-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 23-10-2025
Board and ownership
- SPAPEN JanDirector · since 08-06-2021
- SPAPEN StefDirector · since 08-06-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.2%
- Gross margin
- €2,014
- Turnover
- ≈ €24,000
- estimated
- Loss
- €15,835
- ▲ 539%
- Equity
- €11,829
- ▼ 57.2%
- Total assets
- €216,238
- ▲ 163%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Equity €11,829 (5.5% of total assets)lowers riskFigures for financial year 2025 (filed on 10-01-2026)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 15% of them on solvency, 11% on liquidity, 13% on profitability and 9% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
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Signals
The company filed its last 4 accounts on average 5 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Spapen BV: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €149,000 and €328,000, founded between 2019 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| Spapen BV Geel | €216,238 | €2,014 |
| AMI Construct Antwerp | €328,287 | €1,658 |
| Sas Design-Bâtiment Charleroi | €278,474 | €2,378 |
| Solka Construct Wemmel | €236,941 | €1,709 |
| Maison Valérie Giloteau Grez-Doiceau | €149,475 | €2,108 |
| SISI-IMMO-DEAL Overijse | €244,134 | €1,849 |
| PDVA Ghent | €236,083 | €1,311 |
Key facts about Spapen BV
- What is the company number of Spapen BV?
- The company number of Spapen BV is 0769.497.139. The VAT number is the same number with BE in front: BE 0769.497.139.
- Where is Spapen BV based?
- The registered office is at Turnhoutseweg 2, 2440 Geel.Company details
- What does Spapen BV do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Spapen BV?
- Spapen BV is a private limited company (BV).
- When was Spapen BV founded?
- Spapen BV was founded on 09-06-2021.
- Is Spapen BV still active?
- Yes, Spapen BV is an active enterprise in the KBO register.
- What is the turnover of Spapen BV?
- The turnover in financial year 2025 is ≈ €24,000. This figure is estimated from the gross margin of €2,014 and 266 comparable companies (NACE 41001). It probably lies between €12,000 and €44,000. It is a rough estimate.Financials
- Is Spapen BV profitable?
- In financial year 2025, Spapen BV made a loss of €15,835.
- Where can I find the annual accounts of Spapen BV?
- Spapen BV filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Spapen BV due?
- Spapen BV must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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