SPARHOEVE
ActiveSPARHOEVE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €93k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 1731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-7
Solvency92▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 2.37 in 2024; short-term debt: 24.2% and cash: 32.4% of total assets), and 33.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
66.7%
Return on assets
5.8%
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 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
15 d late
2022
2 d late
2021
30 d late
2020
30 d late
2019
on the day
← 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 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.06M▲ 9.6%
2024 · €966k
2019: €470k
2020: €510k
2021: €579k
2022: €615k
2023: €790k
2024: €966k
2019 → 2025
Total assets
€1.59M▲ 3.3%
2024 · €1.54M
2019: €1.09M
2020: €1.06M
2021: €1.34M
2022: €1.47M
2023: €1.39M
2024: €1.54M
2019 → 2025
Net result
€93k▼ 47.1%
2024 · €175k
2019: €37k
2020: €41k
2021: €129k
2022: €36k
2023: €175k
2024: €175k
2019 → 2025
Working capital
€688k▲ 25.6%
2024 · €548k
2019: €357k
2020: €376k
2021: €293k
2022: €352k
2023: €389k
2024: €548k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€579k-€615k▲ 6.2%€790k▲ 28.5%€966k▲ 22.2%€1.06M▲ 9.6%
Operating result€156k-€67k▼ 57.2%€248k▲ 272%€258k▲ 4.0%€122k▼ 52.8%
Net result€129k-€36k▼ 72.2%€175k▲ 387%€175k▼ 0.1%€93k▼ 47.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€515k▼ 12.5%
Current assets
€1.07M▲ 13.2%
Equity and liabilities €1.59M
Equity
€1.06M▲ 9.6%
Provisions
€13k▲ 14.3%
Debt
€515k▼ 7.7%
The debt ratio falls from 36.4% to 32.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€220k▼
2024 · €346k
Cash flow
€190k▼
2024 · €262k
Solvency
66.7%▲
2024 · 62.9%
Current ratio
2.79▲
2024 · 2.37
Quick ratio
2.28▲
2024 · 2.02
Debt / equity
0.49▼
2024 · 0.58
ROE
8.8%▼
2024 · 18.1%
ROA
5.8%▼
2024 · 11.4%
Interest coverage
24.94▼
2024 · 37.42
Debt
€515k▼
2024 · €558k
Debt ≤ 1 year
€383k▼
2024 · €399k
Debt > 1 year
€121k▼
2024 · €148k
Income taxes
€28k▼
2024 · €78k
Staff costs
€269k▲
2024 · €252k
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€1.54M€1.59M▲
Fixed assets21/28€589k€515k▼
Tangible fixed assets22/27€588k€514k▼
Land and buildings22€448k€396k▼
Plant, machinery and equipment23€30k€36k▲
Furniture and vehicles24€110k€83k▼
Financial fixed assets28€620€620=
Current assets29/58€947k€1.07M▲
Stocks and contracts in progress3€140k€198k▲
Stocks30/36€140k€198k▲
Amounts receivable within one year40/41€233k€340k▲
Trade receivables40€213k€305k▲
Other amounts receivable41€20k€35k▲
Cash at bank and in hand54/58€559k€513k▼
Deferred charges and accrued income490/1€15k€19k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.59M▲
Equity10/15€966k€1.06M▲
Contributions10/11€75k€75k=
Reserves13€890k€983k▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€867k€960k▲
Profit (loss) carried forward14€416€23▼
Provisions and deferred taxes16€11k€13k▲
Provisions for liabilities and charges160/5€11k€13k▲
Environmental obligations163€11k-
Other liabilities and charges164/5-€13k
Amounts payable17/49€558k€515k▼
Amounts payable after more than one year17€148k€121k▼
Financial debts170/4€148k€121k▼
Amounts payable within one year42/48€399k€383k▼
Current portion of amounts payable after more than one year42€28k€28k▲
Trade debts44€270k€263k▼
Suppliers440/4€270k€263k▼
Taxes, remuneration and social security45€74k€65k▼
Taxes450/3€48k€28k▼
Remuneration and social security454/9€26k€37k▲
Other amounts payable47/48€27k€28k▲
Accrued charges and deferred income492/3€11k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€20k
Remuneration, social security and pensions62€252k€269k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€98k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€2k€2k=
Other operating charges640/8€14k€15k▲
Non-recurring operating charges66A-€75
Gross operating margin9900€614k€505k▼
Operating profit (loss)9901€258k€122k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€253k€121k▼
Income taxes67/77€78k€28k▼
Profit (loss) for the period9904€175k€93k▼
Profit (loss) for the period to be appropriated9905€175k€93k▼
Appropriation of the result
Profit (loss) to be appropriated9906€176k€93k▼
Profit (loss) brought forward from the previous period14P€1k€416▼
Transfer to equity691/2€176k€93k▼
To other reserves6921€176k€93k▼
Social balance
Average headcount (FTE)90875.76.6▲
The notes to these accounts (12 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
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.06M ▲9.6%
7 profitable years in a row build equity to €1.06M.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
31-03
Financial
Highest result since 2019net €175k ▲387%
Net result €175k, the highest in the series.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €36k ▼72.2%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Equity above €500kEq €510k ▲8.7%
2 profitable years in a row build equity to €510k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 1985
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.
Kattestraat(DE) 108600 DiksmuideGround area
5,729 m²
Building footprint
1,160 m²
Parcel 32472C0688/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Kattestraat(DE) 10, 8600 Diksmuide
since 19852.026.469.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32472C0688/00K000 | Flanders | 5,729 m² | 1 · 1,160 m² | - |
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
2022 to 2025 · 7 entries · 61,454 EUR awarded · 61,454 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 22,631 EUR | 22,631 EUR |
| 2024 | 1 | 12,333 EUR | 12,333 EUR |
| 2023 | 2 | 15,362 EUR | 15,362 EUR |
| 2022 | 2 | 11,128 EUR | 11,128 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Niet-productieve investeringssteun land- en tuinbouwers
Investeringssteun voor land- en tuinbouwers
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiksmuide2.026.469.164
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TUINPLANTEN CARBONEZ
BE 0812.682.232
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Boomkwekerij De Bel
BE 0790.317.693
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Mahieu
BE 0422.418.172
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Of 641 companies in sector 01301 we hold annual accounts for 297. 217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-02-1985
Fiscal year end31-03
Activities, NACEBEL
01123
01301Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.