SPAY FINANCES
SPAY FINANCES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €223k and a net result of €868k. Its solvency ranks better than 40% of 100 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €223k |
| Net result | €868k |
| Staff (FTE) | 11.8 |
| Better than sector | 40% |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.1% | 24.3% | |
| Net result | €868k | €120k | |
| Equity | €223k | €148k | |
| Gross operating margin | €1.82M | €346k | |
| Staff costs | €833k | €237k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €868k |
| Cash flow | n/a |
| Staff costs | €833k |
| Income taxes | €80k |
| Dividends | - |
| Total assets | €1.17M |
| Equity | €223k |
| Debt | €944k |
| of which ≤ 1y | €944k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | 11.8 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 19.1% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 74.3% |
| ROE | 388.5% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.17M |
| Fixed assets | 21/28 | €43k |
| Intangible fixed assets | 21 | €0 |
| Tangible fixed assets | 22/27 | €42k |
| Financial fixed assets | 28 | €299 |
| Current assets | 29/58 | €1.13M |
| Amounts receivable within one year | 40/41 | €402k |
| Cash & bank | 54/58 | €705k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.17M |
| Equity | 10/15 | €223k |
| Contributions / capital | 10/11 | €45k |
| Accumulated profits (losses) | 14 | €178k |
| Amounts payable | 17/49 | €944k |
| Amounts payable within one year | 42/48 | €944k |
| Trade debts payable within one year | 44 | €58k |
| Income statement | ||
| Gross operating margin | 9900 | €1.82M |
| Operating result | 9901 | €954k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €948k |
| Income taxes | 67/77 | €80k |
| Net result for the period | 9904 | €868k |
| Result to be appropriated | 9905 | €868k |
| NACE primary | 66191 |
| Legal form | Private limited company(610) |
| Incorporation | 31-01-2023 |
| Status | Active |
| Postal code | 4600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62045A0049/00S004 | Wallonia | 4,641 m² | 1 · 235 m² | 7.0 m · 2 fl. |
| 62009D0014/00B000 | Wallonia | 954 m² | 1 · 123 m² | 13.7 m · 4 fl. |
| 63072G0205/00A002 ProtectedMonument |
Wallonia | 356 m² | 1 · 265 m² | 15.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-08-2026 General meeting · Seat change · Filing representative
- Publication: 07/08/2026 · SPAY FINANCES
- Filing: 20/07/2026 · SPAY FINANCES
- General meeting: 16/07/2026 · SPAY FINANCES
- Seat change: to: Avenue Bois le Comte. 60 à 4140 GOMZE ANDOUMONT, from: Clos du Fortin, 5, 4600 VISE, effective_date: 2026-07-16 · SPAY FINANCES
- Filing representative · Vincent DUYSINX CONSULT SRL
Technical details
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}09-10-2025 Jean DANSE resigns as director
- Jean DANSE, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SPAY FINANCES |