SPATEC
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 12-01-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 16-04-2026, 75 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
75 d early
2024
38 d early
2023
2 d early
2022
26 d early
2021
29 d late
2020
178 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 44 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.2m▲ 2,171%
2024 · €53,837
Working capital
€700,397▼ 62.0%
2024 · €1.8m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€216,870€51,845▼ 76.1%€52,084▲ 0.5%€32,811▼ 37.0%€432,192▲ 1,217%
Net result€624,044▼ 81.9%€54,978▼ 91.2%€55,934▲ 1.7%€53,837▼ 3.7%€1.2m▲ 2,171%
Equity€9.5m▲ 0.3%€9.5m▲ 0.3%€9.6m▲ 0.1%€9.6m=€9.6m▲ 0.5%
Total assets€11.1m▲ 5.6%€11.8m▲ 6.6%€12.1m▲ 2.1%€11.3m▼ 6.5%€10.5m▼ 7.1%
Debt€1.6m▲ 57.2%€2.3m▲ 45.4%€2.5m▲ 10.7%€1.7m▼ 31.5%€867,079▼ 49.4%
Working capital€151,358▲ 480%€203,376▲ 34.4%€2.6m▲ 1,192%€1.8m▼ 29.8%€700,397▼ 62.0%
Why a figure moved sharply
- 2025 Net result +2,171% on 2024. Absorption by RUS TONY INDUSTRIES, effective 30-11-2025. This fiscal year ran 11 months, the previous one 12.
- 2021 Net result -82% on 2020. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,217% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.5m
Fixed assets
€9.4m =
Current assets
€1.1m ▼ 42.2%
Equity and liabilities €10.5m
Equity
€9.6m ▲ 0.5%
Debt
€867,079 ▼ 49.4%
Debt's share of the balance-sheet total falls from 15.2% to 8.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.77▼
2024 · 36.81
Debt to equity
0.09▼
2024 · 0.18
ROE
12.7%▲
2024 · 0.6%
ROA
11.7%▲
2024 · 0.5%
Debt ≤ 1 year
€396,367▲
2024 · €51,500
Debt > 1 year
€470,712▼
2024 · €1.7m
Income taxes
€17,819▲
2024 · €1,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €1,401 | €2,405 | €1,107 | €1,115 | €1,352 | ▲ 21.3% |
| Gross operating margin9900 | €218,271 | €54,251 | €53,191 | €33,926 | €433,544 | ▲ 1,178% |
| Operating profit (loss)9901 | €216,870 | €51,845 | €52,084 | €32,811 | €432,192 | ▲ 1,217% |
| Financial income75/76B | €416,654 | €40,000 | €121,500 | €111,250 | €866,894 | ▲ 679% |
| Recurring financial income75 | €416,654 | €40,000 | €121,500 | €111,250 | €866,894 | ▲ 679% |
| Financial charges65/66B | €9,452 | €35,699 | €116,299 | €88,725 | €58,688 | ▼ 33.9% |
| Recurring financial charges65 | €9,452 | €35,699 | €116,299 | €88,725 | €58,688 | ▼ 33.9% |
| Profit (loss) for the period before taxes9903 | €624,071 | €56,146 | €57,285 | €55,336 | €1.2m | ▲ 2,142% |
| Income taxes67/77 | €27 | €1,168 | €1,351 | €1,500 | €17,819 | ▲ 1,088% |
| Profit (loss) for the period9904 | €624,044 | €54,978 | €55,934 | €53,837 | €1.2m | ▲ 2,171% |
| Profit (loss) for the period to be appropriated9905 | €624,044 | €54,978 | €55,934 | €53,837 | €1.2m | ▲ 2,171% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.1m | €11.8m | €12.1m | €11.3m | €10.5m | ▼ 7.1% |
| Fixed assets21/28 | €9.4m | €9.4m | €9.4m | €9.4m | €9.4m | = |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €9.4m | €9.4m | €9.4m | €9.4m | €9.4m | = |
| Current assets29/58 | €1.7m | €2.4m | €2.7m | €1.9m | €1.1m | ▼ 42.2% |
| Amounts receivable after more than one year29 | - | - | €2.7m | €1.9m | €1.1m | ▼ 42.0% |
| Other amounts receivable291 | - | - | €2.7m | €1.9m | €1.1m | ▼ 42.0% |
| Amounts receivable within one year40/41 | €1.7m | €2.4m | €0 | €4,911 | €0 | ▼ 100% |
| Other amounts receivable41 | €1.7m | €2.4m | €0 | €4,911 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €30,057 | €3,804 | €8,994 | €1,277 | €620 | ▼ 51.4% |
| Deferred charges and accrued income490/1 | €16,500 | €40,000 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.1m | €11.8m | €12.1m | €11.3m | €10.5m | ▼ 7.1% |
| Equity10/15 | €9.5m | €9.5m | €9.6m | €9.6m | €9.6m | ▲ 0.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €9.5m | €9.5m | €9.5m | €9.5m | €9.6m | ▲ 0.5% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | €3,251 | €3,251 | €3,251 | €3,251 | €3,251 | = |
| Distributable reserves133 | €9.5m | €9.5m | €9.5m | €9.5m | €9.6m | ▲ 0.5% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €1.6m | €2.3m | €2.5m | €1.7m | €867,079 | ▼ 49.4% |
| Amounts payable after more than one year17 | - | - | €2.4m | €1.7m | €470,712 | ▼ 71.7% |
| Other amounts payable178/9 | - | - | €2.4m | €1.7m | €470,712 | ▼ 71.7% |
| Amounts payable within one year42/48 | €1.5m | €2.2m | €52,362 | €51,500 | €396,367 | ▲ 670% |
| Trade debts44 | €545 | €580 | €650 | €0 | €3,278 | - |
| Suppliers440/4 | €545 | €580 | €650 | €0 | €3,278 | - |
| Taxes, remuneration and social security45 | €44,877 | €0 | €1,712 | €1,500 | €18,089 | ▲ 1,106% |
| Taxes450/3 | €44,877 | €0 | €1,712 | €1,500 | €18,089 | ▲ 1,106% |
| Other amounts payable47/48 | €1.5m | €2.2m | €50,000 | €50,000 | €375,000 | ▲ 650% |
| Accrued charges and deferred income492/3 | €9,000 | €31,040 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €624,044 | €54,978 | €55,934 | €53,837 | €1.2m | ▲ 2,171% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | €624,044 | €54,978 | €55,934 | €53,837 | €1.2m | ▲ 2,171% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€0 | - |
| Change in cash | - | -€26,253 | €5,190 | -€7,717 | -€657 | ▲ 91.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
02-02
State Gazette act
Resignations & appointments · Restructuring · End & cessationMerger · Dissolution · Accounting effect8 facts ▸
State Gazette act
Resignations & appointments · Restructuring · End & cessation
Merger · Dissolution · Accounting effect8 facts ▸
- General meeting, 12-01-2026
- Merger, geruistloze fusie
- Dissolution, 12-01-2026
- Accounting effect, 30-11-2025
- Power of attorney, RUS TONY INDUSTRIES
- Power of attorney, RUS TONY INDUSTRIES
- Power of attorney, RUS TONY INDUSTRIES
- Merger proposal, 04-11-2025
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €53,837 ▼3.7%
Net result drops to €53,837, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 47current ratio 51.19
Current ratio from 1.09 to 51.19; short-term debt falls from €2.2m to €52,362.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
03-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €3.4m ▲182%
Net result €3.4m, the highest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity doublescurrent ratio 1.03
Current ratio from 0.45 to 1.03; short-term debt falls from €1.1m to €521,854.
Show earlier events
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2024 annual accounts of SPATEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:RUS TONY INDUSTRIES