SPCm
ActiveSPCm has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.62M and a net result of €71k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency94▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.21 in 2024; short-term debt: 25.6% and cash: 5.1% of total assets), and 30.9% 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+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 25
Relative position
BE, all sectors
reference
Sector 25
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
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
69.1%
Return on assets
1.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
1 d early
2022
1 d early
2021
4 d early
2020
9 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.62M▲ 2.8%
2024 · €2.55M
2019: €1.02M
2020: €1.51M
2021: €1.88M
2022: €2.28M
2023: €2.51M
2024: €2.55M
2019 → 2025
Total assets
€3.79M▼ 10.9%
2024 · €4.25M
2019: €3.55M
2020: €2.98M
2021: €4.00M
2022: €3.92M
2023: €4.09M
2024: €4.25M
2019 → 2025
Net result
€71k▲ 97.3%
2024 · €36k
2019: €513k
2020: €481k
2021: €373k
2022: €403k
2023: €228k
2024: €36k
2019 → 2025
Working capital
€1.64M▼ 0.1%
2024 · €1.65M
2019: €1.01M
2020: €1.21M
2021: €1.67M
2022: €1.72M
2023: €1.60M
2024: €1.65M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.88M-€2.28M▲ 21.5%€2.51M▲ 10.0%€2.55M▲ 1.4%€2.62M▲ 2.8%
Operating result€641k-€527k▼ 17.8%€271k▼ 48.6%€53k▼ 80.4%€95k▲ 79.3%
Net result€373k-€403k▲ 8.1%€228k▼ 43.4%€36k▼ 84.3%€71k▲ 97.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 79% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.79M
Fixed assets
€1.17M▼ 5.5%
Current assets
€2.61M▼ 13.1%
Equity and liabilities €3.79M
Equity
€2.62M▲ 2.8%
Debt
€1.17M▼ 31.3%
The debt ratio falls from 40.1% to 30.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€344k▲
2024 · €275k
Cash flow
€320k▲
2024 · €258k
Solvency
69.1%▲
2024 · 59.9%
Current ratio
2.70▲
2024 · 2.21
Quick ratio
1.81▲
2024 · 1.55
Debt / equity
0.45▼
2024 · 0.67
ROE
2.7%▲
2024 · 1.4%
ROA
1.9%▲
2024 · 0.8%
Interest coverage
88.11▼
2024 · 92.51
Debt
€1.17M▼
2024 · €1.70M
Debt ≤ 1 year
€970k▼
2024 · €1.36M
Debt > 1 year
€200k▼
2024 · €325k
Income taxes
€27k▲
2024 · €16k
Staff costs
€876k▲
2024 · €694k
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€4.25M€3.79M▼
Fixed assets21/28€1.24M€1.17M▼
Tangible fixed assets22/27€1.24M€1.17M▼
Land and buildings22€482k€450k▼
Plant, machinery and equipment23€731k€704k▼
Furniture and vehicles24€27k€19k▼
Current assets29/58€3.01M€2.61M▼
Stocks and contracts in progress3€902k€860k▼
Stocks30/36€902k€860k▼
Amounts receivable within one year40/41€1.61M€1.36M▼
Trade receivables40€1.61M€1.36M▼
Current investments50/53€195k€201k▲
Cash at bank and in hand54/58€305k€192k▼
Deferred charges and accrued income490/1€71€65▼
Equity and liabilities
Total equity and liabilities10/49€4.25M€3.79M▼
Equity10/15€2.55M€2.62M▲
Contributions10/11€19k€19k=
Reserves13€2.50M€2.50M=
Distributable reserves133€2.50M€2.50M=
Profit (loss) carried forward14€28k€99k▲
Amounts payable17/49€1.70M€1.17M▼
Amounts payable after more than one year17€325k€200k▼
Financial debts170/4€325k€200k▼
Amounts payable within one year42/48€1.36M€970k▼
Current portion of amounts payable after more than one year42€125k€125k=
Trade debts44€1.04M€712k▼
Suppliers440/4€1.04M€712k▼
Advances received on contracts in progress46€9k-
Taxes, remuneration and social security45€187k€129k▼
Taxes450/3€105k€37k▼
Remuneration and social security454/9€82k€92k▲
Other amounts payable47/48-€4k
Accrued charges and deferred income492/3€16k-
Income statement
Code20242025
Non-recurring operating income76A-€42k
Remuneration, social security and pensions62€694k€876k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€222k€249k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-25k-
Other operating charges640/8€57k€70k▲
Gross operating margin9900€1.00M€1.29M▲
Operating profit (loss)9901€53k€95k▲
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€52k€98k▲
Income taxes67/77€16k€27k▲
Profit (loss) for the period9904€36k€71k▲
Profit (loss) for the period to be appropriated9905€36k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€99k▼
Profit (loss) brought forward from the previous period14P€92k€28k▼
Transfer to equity691/2€100k-
To other reserves6921€100k-
Social balance
Average headcount (FTE)908712.313.9▲
The notes to these accounts (10 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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €36k ▼84.3%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €2MEq €2.28M ▲21.5%
4 profitable years in a row build equity to €2.28M.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hoogstraten · 1 establishment unit since 1998
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.
Ambachtstraat 92322 HoogstratenGround area
5,263 m²
Building footprint
34 m²
Volume, LiDAR
180 m³
Parcel 13024B0031/00W002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPCm
since 19982.088.683.776
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13024B0031/00W002 | Flanders | 5,263 m² | 1 · 34 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 35,055 EUR awarded · 35,055 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 236 EUR | 236 EUR |
| 2024 | 3 | 1,548 EUR | 22,274 EUR |
| 2023 | 3 | 3,482 EUR | 3,482 EUR |
| 2022 | 4 | 29,789 EUR | 9,063 EUR |
Schemes
Call groene stroom (stopgezet)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 1 endedHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
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ALOCA
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Westland
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Lo-Reninge · Eq €2.60M
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 950 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-1998
Fiscal year end30-06
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
25530Machining of metals
33110Repair and maintenance of fabricated metal products
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.