SPAS 24

Active

Private limited companyfounded 20179 yrs activeRue de Fosses 12, 5640 Mettet, BelgiumKBO/BCE: BE 0676.823.636

Summary

The computed 12-month bankruptcy probability of SPAS 24 is 7.8% (elevated). The 2025 annual accounts show negative equity (-€221,728) and a net result of -€12,157. Equity is shrinking by ~17.5% per year across the filed fiscal years. Its net result ranks better than 12% of 1235 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

SPAS 24Active

Risk analysis Report Compare

Activity

Washing and cleaning of motor vehicles

NACE 95316

1 site

Size

-€221,728equity 2025

Loss: -€12,157

Financial health

Bankruptcy chance 12 m: 7.8%

Too few figures to score

Structure

Accounts filed 31 d late0 of 5 deeds read

Signals- Figures for FY 2021 (filed 29-08-2022)- Latest accounts 31 days late; 2 of the last 3 late- Loss of €27,607, the second in a row (FY 2021)- Negative equity+ Size: total assets €61,836Filed after the deadlineShow the evidence

Checked score

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability.

Bankruptcy probability: Elevated

Bankruptcy probability, 12 months

7.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,106 companies)

Last 24 months 11-2024: 9.6% 12-2024: 9.6%● 0.0% vs 11-2024 01-2025: 9.6%● 0.0% vs 12-2024 02-2025: 9.6%● 0.0% vs 01-2025 03-2025: 9.6%▼ -0.5% vs 02-2025 04-2025: 9.6%● 0.0% vs 03-2025 05-2025: 6.5%▼ -32.2% vs 04-2025 06-2025: 6.5%● -0.0% vs 05-2025lowest value 07-2025: 6.5%● 0.0% vs 06-2025lowest value 08-2025: 7.5%▲ +15.9% vs 07-2025 09-2025: 7.5%● 0.0% vs 08-2025 10-2025: 7.5%● 0.0% vs 09-2025 11-2025: 9.2%▲ +22.5% vs 10-2025 12-2025: 9.2%● 0.0% vs 11-2025 01-2026: 9.2%● 0.0% vs 12-2025 02-2026: 9.2%● 0.0% vs 01-2026 03-2026: 9.2%● 0.0% vs 02-2026 04-2026: 9.2%● 0.0% vs 03-2026 05-2026: 9.2%● 0.0% vs 04-2026 06-2026: 9.2%● 0.0% vs 05-2026 07-2026: 9.2%● 0.0% vs 06-2026 08-2026: 11.1%▲ +20.6% vs 07-2026highest value 09-2026: 7.8%▼ -29.4% vs 08-2026 10-2026: 7.8%● 0.0% vs 09-2026

Figures for FY 2021 (filed 29-08-2022) raises the probability
Latest accounts 31 days late; 2 of the last 3 late raises the probability
Loss of €27,607, the second in a row (FY 2021) raises the probability
Size: total assets €61,836 lowers the probability for this profile

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2021 (filed 29-08-2022)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Latest accounts 31 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Loss of €27,607, the second in a row (FY 2021)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €61,836

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€221,728

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 8 filings

Deviation from the deadline

2025

31 d late

2024

70 d late

2023

29 d late

2022

24 d late

2021

29 d late

2020

31 d late

2019

32 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

05-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

31-08-26 Annual accounts filedfiscal year 2025 · abbreviated…
09-10-25 Annual accounts filedfiscal year 2024 · full…
29-08-24 Annual accounts filedfiscal year 2023 · full…

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€221,728 View
Risk: 8 loss-making years in a rowloss fiscal year 2025 -€12,157 View
Caution: Among the weakest 5% on equitysector median €275,422 · 1,240 companies -€221,728 View