SPCB BELGIUM
ActiveSPCB BELGIUM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €313k and a net result of €27k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-3
Solvency60▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.52 in 2023; short-term debt: 20.8% and cash: 11.1% of total assets), but 64.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
41 d early
2022
46 d early
2021
6 d early
2020
27 d late
2019
82 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27k▼ 51.9%
2023 · €56k
2018: €9k
2019: €17k
2020: €97k
2021: €43k
2022: €21k
2023: €56k
2018 → 2024
Working capital
€136k▲ 9.9%
2023 · €124k
2018: €8k
2019: €-31k
2020: €69k
2021: €79k
2022: €96k
2023: €124k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€170k-€212k▲ 25.1%€232k▲ 9.3%€287k▲ 23.6%€313k▲ 9.0%
Operating result€141k-€68k▼ 51.4%€37k▼ 46.0%€87k▲ 135%€55k▼ 37.2%
Net result€97k-€43k▼ 55.0%€21k▼ 52.7%€56k▲ 171%€27k▼ 51.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €890k
Fixed assets
€568k▼ 1.5%
Current assets
€322k▼ 11.1%
Equity and liabilities €890k
Equity
€313k▲ 9.0%
Debt
€577k▼ 11.5%
The debt ratio falls from 69.4% to 64.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113k▼
2023 · €143k
Cash flow
€85k▼
2023 · €112k
Solvency
35.2%▲
2023 · 30.6%
Current ratio
1.73▲
2023 · 1.52
Quick ratio
1.13▲
2023 · 0.97
Debt / equity
1.84▼
2023 · 2.27
ROE
8.6%▼
2023 · 19.4%
ROA
3.0%▼
2023 · 5.9%
Interest coverage
6.76▼
2023 · 9.83
Debt
€577k▼
2023 · €652k
Debt ≤ 1 year
€185k▼
2023 · €238k
Debt > 1 year
€389k▼
2023 · €412k
Income taxes
€11k▼
2023 · €17k
Staff costs
€88k▲
2023 · €85k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€939k€890k▼
Fixed assets21/28€577k€568k▼
Tangible fixed assets22/27€575k€566k▼
Land and buildings22€507k€485k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€63k€78k▲
Financial fixed assets28€2k€2k=
Current assets29/58€362k€322k▼
Stocks and contracts in progress3€130k€113k▼
Stocks30/36€130k€113k▼
Amounts receivable within one year40/41€156k€108k▼
Trade receivables40€146k€101k▼
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€75k€99k▲
Deferred charges and accrued income490/1€783€2k▲
Equity and liabilities
Total equity and liabilities10/49€939k€890k▼
Equity10/15€287k€313k▲
Contributions10/11€54k€54k=
Reserves13€214k€241k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€214k€241k▲
Profit (loss) carried forward14€19k€18k▼
Amounts payable17/49€652k€577k▼
Amounts payable after more than one year17€412k€389k▼
Financial debts170/4€412k€389k▼
Amounts payable within one year42/48€238k€185k▼
Current portion of amounts payable after more than one year42€74k€75k▲
Trade debts44€88k€45k▼
Suppliers440/4€88k€45k▼
Taxes, remuneration and social security45€34k€28k▼
Taxes450/3€12k€14k▲
Remuneration and social security454/9€23k€15k▼
Other amounts payable47/48€42k€37k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€85k€88k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€59k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€5k€6k▲
Gross operating margin9900€232k€208k▼
Operating profit (loss)9901€87k€55k▼
Financial income75/76B€50€0▼
Recurring financial income75€50€0▼
Financial charges65/66B€15k€17k▲
Recurring financial charges65€15k€17k▲
Profit (loss) for the period before taxes9903€72k€38k▼
Income taxes67/77€17k€11k▼
Profit (loss) for the period9904€56k€27k▼
Profit (loss) for the period to be appropriated9905€56k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€46k▼
Profit (loss) brought forward from the previous period14P€19k€19k=
Transfer to equity691/2€55k€27k▼
To other reserves6921€55k€27k▼
Profit to be distributed694/7€833€855▲
Return on contributions (dividend)694€833€855▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €200kEq €212k ▲25.1%
4 profitable years in a row build equity to €212k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €97k ▲466%
Operating result €141k, net result €97k, both a record.
31-12
Financial
Equity above €150kEq €170k ▲132%
3 profitable years in a row build equity to €170k.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Thuin · 1 establishment unit since 2009
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.
Technoparc de Thudinie(DON) 76536 ThuinGround area
2,101 m²
Building footprint
557 m²
Volume, LiDAR
3,202 m³
Parcel 56019B0211/00X000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPCB BELGIUM
since 20092.178.193.101
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56019B0211/00X000 | Wallonia | 2,101 m² | 1 · 557 m² | 6.6 m · 2 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.
Similar companies · same sector, comparable size
MIRO
BE 0890.480.784
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PROCHEMCO
BE 0438.509.779
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KUBIEK
BE 0861.001.395
Maldegem · Eq €293k
EVERCLEAN
BE 0408.215.689
Middelkerke · Eq €339k
Harput
BE 0466.666.604
Antwerpen · Eq €285k
Of 462 companies in sector 47783 we hold annual accounts for 214. 157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2009
Fiscal year end31-12
Activities, NACEBEL
46851Wholesale of industrial chemicals
47783Retail trade
47784Retail trade
77221Rental and leasing activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.