SPAR PEETERS
ActiveSPAR PEETERS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €158k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-7
Solvency65▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.45 in 2024; short-term debt: 24% and cash: 12.4% of total assets), and 59.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.2%
Return on assets
5.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
34 d early
2023
7 d early
2022
31 d early
2021
4 d early
2020
121 d early
2019
129 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.08M▼ 4.6%
2024 · €1.13M
2019: €797k
2020: €950k
2021: €997k
2022: €872k
2023: €943k
2024: €1.13M
2019 → 2025
Total assets
€2.69M▼ 6.3%
2024 · €2.87M
2019: €2.22M
2020: €2.33M
2021: €2.12M
2022: €2.76M
2023: €2.72M
2024: €2.87M
2019 → 2025
Net result
€158k▼ 51.4%
2024 · €324k
2019: €136k
2020: €210k
2021: €301k
2022: €-24k
2023: €123k
2024: €324k
2019 → 2025
Working capital
€235k▼ 17.6%
2024 · €286k
2019: €65k
2020: €178k
2021: €211k
2022: €37k
2023: €183k
2024: €286k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€997k-€872k▼ 12.6%€943k▲ 8.1%€1.13M▲ 19.9%€1.08M▼ 4.6%
Operating result€483k-€24k▼ 94.9%€189k▲ 674%€499k▲ 164%€226k▼ 54.7%
Net result€301k-€-24k€123k€324k▲ 164%€158k▼ 51.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.69M
Fixed assets
€1.81M▼ 7.3%
Current assets
€880k▼ 4.2%
Equity and liabilities €2.69M
Equity
€1.08M▼ 4.6%
Debt
€1.61M▼ 7.4%
The debt ratio falls from 60.6% to 59.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€410k▼
2024 · €677k
Cash flow
€342k▼
2024 · €502k
Solvency
40.2%▲
2024 · 39.4%
Current ratio
1.37▼
2024 · 1.45
Quick ratio
1.00▼
2024 · 1.06
Debt / equity
1.49▼
2024 · 1.54
ROE
14.6%▼
2024 · 28.6%
ROA
5.9%▼
2024 · 11.3%
Interest coverage
8.85▼
2024 · 13.12
Debt
€1.61M▼
2024 · €1.74M
Debt ≤ 1 year
€645k▲
2024 · €633k
Debt > 1 year
€923k▼
2024 · €1.10M
Income taxes
€72k▼
2024 · €124k
Staff costs
€582k▲
2024 · €538k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.87M€2.69M▼
Fixed assets21/28€1.95M€1.81M▼
Tangible fixed assets22/27€1.95M€1.81M▼
Land and buildings22€1.76M€1.61M▼
Plant, machinery and equipment23€155k€169k▲
Furniture and vehicles24€35k€28k▼
Current assets29/58€919k€880k▼
Stocks and contracts in progress3€251k€238k▼
Stocks30/36€251k€238k▼
Amounts receivable within one year40/41€200k€301k▲
Trade receivables40€103k€202k▲
Other amounts receivable41€97k€98k▲
Cash at bank and in hand54/58€463k€332k▼
Deferred charges and accrued income490/1€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€2.87M€2.69M▼
Equity10/15€1.13M€1.08M▼
Contributions10/11€120k€120k=
Reserves13€1.01M€959k▼
Tax-exempt reserves132€228€228=
Distributable reserves133€1.01M€958k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€1.74M€1.61M▼
Amounts payable after more than one year17€1.10M€923k▼
Financial debts170/4€1.10M€923k▼
Amounts payable within one year42/48€633k€645k▲
Current portion of amounts payable after more than one year42€183k€180k▼
Trade debts44€140k€120k▼
Suppliers440/4€140k€120k▼
Taxes, remuneration and social security45€181k€117k▼
Taxes450/3€81k€12k▼
Remuneration and social security454/9€100k€106k▲
Other amounts payable47/48€130k€227k▲
Accrued charges and deferred income492/3-€40k
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€538k€582k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178k€184k▲
Other operating charges640/8€16k€16k▼
Gross operating margin9900€1.23M€1.01M▼
Operating profit (loss)9901€499k€226k▼
Financial income75/76B€454€50k▲
Recurring financial income75€454€50k▲
Financial charges65/66B€52k€46k▼
Recurring financial charges65€52k€46k▼
Profit (loss) for the period before taxes9903€448k€230k▼
Income taxes67/77€124k€72k▼
Profit (loss) for the period9904€324k€158k▼
Profit (loss) for the period to be appropriated9905€324k€158k▼
Appropriation of the result
Profit (loss) to be appropriated9906€324k€158k▼
Transfer from equity791/2€136k€210k▲
Transfer to equity691/2€324k€158k▼
To other reserves6921€324k€158k▼
Profit to be distributed694/7€136k€210k▲
Return on contributions (dividend)694€136k€210k▲
Social balance
Average headcount (FTE)908714.614.1▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €324k ▲164%
Operating result €499k, net result €324k, both a record.
31-03
Financial
Equity above €1MEq €1.13M ▲19.9%
2 profitable years in a row build equity to €1.13M.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €123k
Net result €123k after one loss-making year.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-24k ▼108%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Westerlo · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Langstraat 612260 WesterloGround area
3,095 m²
Building footprint
1,022 m²
Volume, LiDAR
5,681 m³
Parcel 13039E0085/00G000, Flanders · tallest building 12.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Langstraat 61, 2260 Westerlo
since 20102.187.781.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13039E0085/00G000 | Flanders | 3,095 m² | 1 · 1,022 m² | 12.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 357 EUR awarded · 357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 40 EUR | 40 EUR |
| 2024 | 1 | 279 EUR | 279 EUR |
| 2023 | 1 | 38 EUR | 38 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyWesterlo2.187.781.649
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Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 2,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2009
Fiscal year end31-03
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47114Supermarkets
47210Retail sale of fruit and vegetables
47221Retail sale of meat and meat products, excluding game and poultry
47260Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.