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SPD CONSTRUCT

Active Private limited companyfounded 2001active for 25 yearsVarenweg 8, 2590 BerlaarKBO/BCE: BE 0476.005.724
SPD CONSTRUCT
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Overview

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €302,090 (2013)
€190,011▼ 14.1%
peak €160,163 (2013)
€91,395▼ 12.0%
peak €447,945 (2023)
€203,290▲ 81.7%
€198,404▼ 60.2%
peak 2.8 FTE (2006)
1 FTEunchanged
Board2 names since 2001
2 directorsDESMET Stefan and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €221,147 to €190,011Equity from €111,895 to €203,290Debts from €498,303 to €198,404Cash from €504,325 to €320,177

Key points

from the 2025 annual accounts

Equity

€203,290 ▲ 81.7%
€112,0002024€203,0002025

Equity rose in 2025 from €111,895 to €203,290.

Liquidity

1.70 was 1.09 in 2024

Short-term debts fell from €498,303 to €198,309.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 25 to 54 days before the end of the period.

Checked score

97
Excellent
Financially stronger than 76% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

76+33equity 50.6% of total assets
75+20short-term debt 49.4% · cash 79.7%
97+7return on assets 22.8%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 1.70, cash €320,177
Equity €203,290 (50.6% of total assets)
Founded in 2001
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 59% of them on solvency, 79% on liquidity, 81% on profitability and 86% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as SPD CONSTRUCT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SPD CONSTRUCT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for SPD CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €19,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.7 (1.09 in 2024), above the usual 1.5. Short-term debt is 49.4% and cash 79.7% of total assets. 49.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.70, cash €320,177
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Equity €203,290 (50.6% of total assets)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
37 days early
2023
41 days early
2022
47 days early
2021
54 days early
2020
44 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DS
DESMET Stefan
Director, since 18-10-2001
MD
MOLLEN Dirk Maria
Director, since 18-10-2001
Board & ownership

Recent changes

Company renamed to SPD CONSTRUCT New name: SPD CONSTRUCT · Resignations: DESMET Stefan (director) and MOLLEN Dirk Maria (director) · Reappointments: DESMET Stefan (director) and MOLLEN Dirk Maria (director) · General meeting of 02-06-2023 · Gazette deed
First establishment Varenweg 8, Berlaar
Incorporation published on 14-11-2001 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
SPD CONSTRUCT Berlaar €401,694 €190,011 50.6% 1
BOUWWERKEN RUDY EN ANDRE BOSCH Malle €476,560 €242,074 61.4% 1
EDA Schaerbeek €495,581 €164,818 91.2% 0.7
MEESE - SWAELENS Assenede €336,670 €131,455 37.4% 1
SB WONINGBOUW Bree €370,498 €194,479 56.6% 1.8
BOUWONDERNEMING NOTTE JOACHIM Lievegem €516,930 €157,055 48.8% 1
RENO NOVO Lubbeek €396,507 €122,896 25.2% 1

These companies have the same main activity as SPD CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €337,000 and €517,000, founded between 1998 and 2006.

Official details

Source: KBO
Status
Active since 05-11-2001Normal situation
Activity
General construction of residential buildingsNACE 41001
Joint committee
124Construction · annual accounts 2024
Establishment unit
2.095.474.1722590 Berlaar, since 31-12-2001
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€190,011▼ 14.1%
≈ €670,000estimated
€91,395▼ 12.0%
€203,290▲ 81.7%
€401,694▼ 34.2%
Employeeson 31-12-2025
1=
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on SPD CONSTRUCT

SPD CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €160,298 in 2006 to €190,011 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 06-07-2026, 25 days before the deadline
€190,011
▼ 14.1%
€129,047
▼ 12.0%
€91,395
▼ 12.0%
€139,007
▲ 202%
50.6%
▲ 32.3 percentage points
1.70
▲ 0.61

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €670,000. Estimated: probably between €460,000 and €1.0m.

Balance sheet

balance sheet total €401,694 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

50.6%

Higher than 62% of 2,808 companies in 2025.

1.70

Higher than 54% of 2,737 companies in 2025.

22.8%

Higher than 87% of 2,773 companies in 2025.

SPD CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in construction of buildings (NACE 41)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€50,043

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 401,694610,198478,972400,458391,473458,252379,130478,109389,601290,638310,908311,414400,619373,437333,076430,446493,708406,109311,206391,637
21/28 64,37865,84369,41673,97780,28496,11293,30599,801107,931112,519115,642122,026131,774142,725152,987163,545174,646188,059199,536222,840
22/27 63,45664,92168,49473,05579,36295,19092,38398,879107,729112,317115,440121,824131,572142,523152,785163,343174,444187,857199,334222,638
22 55,50060,94567,00073,05579,11085,16591,22097,275103,330109,385115,440121,495127,550133,605139,660145,715151,770157,825163,880169,935
23 7,9563,9751,44602525081,1631,6041,8702,932-3294,0228,91813,12517,62819,90624,49830,78036,139
24 -048--9,516--2,529-------2,7685,5344,67416,564
28 922922922922922922922922202202202202202202202202202202202202
29/58 337,316544,356409,555326,481311,189362,140285,826378,309281,671178,120195,266189,388268,845230,712180,089266,901319,063218,050111,670168,797
3 3,9734,7884,6795,9355,0075,8465,8824,8226,7905,72224,40921,9958,48019,76510,76813,2978,1534,9983,93922,987
30/36 3,9734,7884,6795,9355,0075,8465,8824,8226,7905,72224,40921,9958,48019,76510,76813,2978,1534,9983,93922,987
40/41 3,26927,26535,73642,75118,6155,26013,04930,60612,55647,95915,67220,67126,62053221,66652,9095,66967,67723,86056,208
40 3804,4335,76714,0502,7545007,8901,0489347,291-2,10723,271924,95647,8623,94551,57313,99720,406
41 2,88922,83229,96928,70115,8614,7605,15929,55812,46266815,67218,5643,34944016,7105,0471,72316,1049,86335,802
54/58 320,177504,325364,144272,947281,945346,687261,553338,578257,649120,518151,276142,572229,457205,828143,478194,914270,91086,35478,94184,805
490/1 9,8977,9784,9974,8485,6224,3475,3424,3034,6773,9213,9094,1504,2884,5874,1775,78134,33159,0214,9304,797
Balance sheet: equity and liabilities
10/49 401,694610,198478,972400,458391,473458,252379,130478,109389,601290,638310,908311,414400,619373,437333,076430,446493,708406,109311,206391,637
10/15 203,290111,895447,945324,651278,905193,099131,12126,810244,788154,94377,279153,036258,70798,54465,195104,31826,810175,49994,57027,068
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 197,090105,6951,8601,8601,8601,86020,61020,61020,61020,61020,61020,61020,61020,61020,61020,61020,61020,61020,61020,610
130/1 --01,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 --01,8601,8601,860--------------
132 ------18,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,750
133 197,090105,6951,860-----------------
14 00439,885316,591270,845185,039104,311-217,978128,13350,469126,226231,89771,73438,38577,508-148,68967,760258
17/49 198,404498,30331,02775,807112,568265,153248,009451,299144,813135,695233,629158,378141,912274,893267,881326,128466,898230,609216,636364,569
17 ------7,13920,98234,26447,13059,33171,01482,20192,913103,169112,989122,392131,395140,016149,268
170/4 ------7,13920,98234,26447,13059,33171,01482,20192,913103,169112,989122,392131,395140,016149,268
42/48 198,309498,30330,66775,447112,568264,671240,870430,317110,13387,149173,29886,36458,711180,980163,245198,551344,50699,21476,619215,301
42 -----7,13913,84313,28112,74212,20211,68311,18710,71110,2569,8209,4039,0048,6219,25213,754
44 27,13727,74429,08567,38941,66631,03822,22740,35070,71256,43862,51028,6108,27345,08820,01927,46225,75272,66213,79648,550
440/4 27,13727,74429,08567,38941,66631,03822,22740,35070,71256,43862,51028,6108,27345,08820,01927,46225,75272,66213,79648,550
46 -01,249-------------30,000---
45 20,55929,86807,72620,56926,1614,41024,44326,61318,44423,30340,65035,28714,29625,87232,50824,92917,41413,58913,040
450/3 13,65729,868-020,56926,1614,41016,57619,24018,44415,66429,94825,2912,62813,89620,64211,1403,131--
454/9 6,901-07,726---7,8677,373-7,63910,7029,99611,66811,97611,86613,78914,28213,58913,040
47/48 150,613440,69133333350,333200,333200,390352,243666675,8015,9174,440111,340107,534129,178254,82251739,982139,957
492/3 950360360-482--4161,4161,0001,0001,0001,0001,46714,588----
Income statement
76A ------------------260-
9900 190,011221,147243,828126,677227,585193,911223,371252,009208,118209,343149,191254,724302,090121,413144,382212,094255,125238,527226,973160,298
62 50,04363,89670,22255,62297,46897,56970,83054,71654,46978,21950,68940,92033,52947,79649,09368,37877,78485,36572,56185,918
630 7,1136,7947,8026,30715,8288,2158,63410,04311,1117,1176,3849,74810,74211,57711,49115,89916,30221,85229,75951,144
640/8 3,8083,7363,5203,2263,1693,2572,7483,0142,8985,3193,6244,0143,7703,4318,4713,8402,3432,9422,4731,730
9901 129,047146,722162,28461,521111,12184,870141,159184,236139,640118,68988,493200,042254,04958,60975,327123,977158,696128,368122,18121,506
75/76B 2,9912,8278630582081329845136961,6201,0582,0202,1975397001,438346849
75 2,9912,8278630582081329845136961,6201,0582,0202,1975397001,438346849
65/66B 2,9522,0412,7272,8203871,5762,3092,7433,5994,4376,9078,2879,4089,55310,5187,4328,94010,53411,91410,035
65 2,9522,0412,7272,8203871,5762,3092,7433,5994,4376,9078,2879,4089,55310,5187,4328,94010,53411,91410,035
9903 129,086147,507160,41958,702110,73983,301139,058181,626137,026114,76582,283193,375245,69951,07667,006117,084150,455119,272110,87312,320
67/77 37,69143,67237,12512,95624,93321,32434,74747,42747,18137,10131,81467,14985,53617,72728,62039,57644,25938,34343,3712,912
9904 91,395103,835123,29445,74685,80661,978104,311134,19989,84577,66450,469126,226160,16333,34938,38677,508106,19680,92967,5029,408
9905 91,395103,835123,29445,74685,80661,978104,311134,19989,84577,66450,469126,226160,16333,34938,38677,508106,19680,92967,5029,408
Appropriation of the result
9906 91,395543,721439,885316,591270,845166,289104,311352,177217,978128,133176,695358,123231,89771,734115,89477,508254,885148,68967,76071,258
14P 0439,885316,591270,845185,039---------------
791/2 -----18,750-------------68,500
691/2 91,395103,835------------------
6921 91,395103,835------------------
694/7 0439,885-----352,177--126,226231,897--77,509-254,885--139,500
694 0439,885-----352,177--126,226231,897--77,509-254,885--139,500
Social balance sheet
9087 1111221.81.21.31.8111.211222.222.8
Hours worked1013 9281,2401,5041,2003,0163,1282,3521,5681,4162,4401,6409849041,6001,7042,2482,9203,1763,0563,936
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 06-07-2026 2026-00264638 PDF
31-12-2024 abbreviated format 24-06-2025 2025-00176859 PDF
31-12-2023 abbreviated format 20-06-2024 2024-00150697 PDF
31-12-2022 abbreviated format 14-06-2023 2023-00124391 PDF
31-12-2021 abbreviated format 07-06-2022 2022-20054548 PDF
31-12-2020 abbreviated format 17-06-2021 2021-21600385 PDF
31-12-2019 abbreviated format 12-06-2020 2020-16700196 PDF
31-12-2018 micro format 20-06-2019 2019-20300496 PDF
31-12-2017 micro format 08-06-2018 2018-17100432 PDF
31-12-2016 micro format 16-06-2017 2017-18300111 PDF
31-12-2015 abbreviated format 20-06-2016 2016-19800225 PDF
31-12-2014 abbreviated format 09-07-2015 2015-29500107 PDF
31-12-2013 abbreviated format 26-06-2014 2014-21800190 PDF
31-12-2012 abbreviated format 07-06-2013 2013-16100102 PDF
31-12-2011 abbreviated format 04-06-2012 2012-14800301 PDF
31-12-2010 abbreviated format 22-06-2011 2011-19000375 PDF
31-12-2009 abbreviated format 08-06-2010 2010-15800345 PDF
31-12-2008 abbreviated format 12-06-2009 2009-22500371 PDF
31-12-2007 abbreviated format 11-06-2008 2008-21500217 PDF
31-12-2006 abbreviated format 22-06-2007 2007-26400120 PDF
31-12-2005 abbreviated format 30-06-2006 2006-35600473 PDF
31-12-2004 abbreviated format 29-06-2005 2005-36600411 PDF
31-12-2003 abbreviated format 05-07-2004 2004-40705235 PDF
31-12-2002 abbreviated format 01-07-2003 2003-35800624 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
136,160153,516170,08667,829126,94993,085149,793194,279150,751125,80594,877209,790264,79170,18686,818139,876174,998150,220151,94072,650
98,508110,630131,09652,053101,63470,192112,945144,242100,95684,78156,853135,974170,90544,92649,87793,407122,498102,78297,26160,552
5,6483,2203,2410011,0222,1381,9136,52322,249-04,853-2091,31614,8264,7992,88910,37530,194206,760
-184,148140,18191,196-8,998-64,74385,135-77,02580,929137,131-30,7588,704-86,88523,62962,350-51,436-75,996184,5577,413-5,864-
139,00746,053378,889251,034198,62197,46944,956-52,008171,53790,97021,969103,024210,13449,73216,84468,350-25,444118,83635,051-46,504
50.6%18.3%93.5%81.1%71.2%42.1%34.6%5.6%62.8%53.3%24.9%49.1%64.6%26.4%19.6%24.2%5.4%43.2%30.4%6.9%
1.701.0913.364.332.761.371.190.882.562.041.132.194.581.271.101.340.932.201.460.78
1.681.0813.204.252.721.351.160.872.501.980.991.944.431.171.041.280.902.151.410.68
0.984.450.070.230.401.371.8916.830.590.883.021.030.552.794.113.1317.421.312.2913.47
45.0%92.8%27.5%14.1%30.8%32.1%79.6%500.6%36.7%50.1%65.3%82.5%61.9%33.8%58.9%74.3%396.1%46.1%71.4%34.8%
22.8%17.0%25.7%11.4%21.9%13.5%27.5%28.1%23.1%26.7%16.2%40.5%40.0%8.9%11.5%18.0%21.5%19.9%21.7%2.4%
46.1275.2162.3624.06over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11111
full-time11111
part-time0000-
in full-time equivalents11111
11112
On a permanent contract11111
Joined----0
Left----1

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€160,000€160,000€160,000€160,000€160,000
Carrying value of the mortgaged assets€55,500€60,945€67,000€73,055€79,110

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€5,648€3,220€3,241--
Financial fixed assets€0----
€7,113€6,794€7,802€6,307€15,828

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SPD CONSTRUCT

The operating result for 2025 is 12% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 81.7% to 49.4%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, last change in 2023
DESMET Stefan
Director (not named in the articles)
since 18-10-2001 term without a fixed end
earlier director, until 09-06-2023
listed in the 2025 annual accounts, filed on 06-07-2026
MOLLEN Dirk Maria
Director (not named in the articles)
since 18-10-2001 term without a fixed end
earlier director, until 09-06-2023
listed in the 2025 annual accounts, filed on 06-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
DESMET Stefan
Director (not named in the articles)
MOLLEN Dirk Maria
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • DESMET Stefan
    • Director (not named in the articles), from 18-10-2001 to date
    • Director, until 09-06-2023
  • MOLLEN Dirk Maria
    • Director (not named in the articles), from 18-10-2001 to date
    • Director, until 09-06-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2025 annual accounts

Articles of association

deed of 09-06-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Rechten waarvan overdracht wordt voorgesteld, helft overdrager, helft koper(s) naar evenredigheid aantal”
Share issue ruleThe articles set how and by whom new shares are issued.
“Alle aandeelhouders kunnen afstand doen bij besluit tot uitgifte, algemene vergadering kan in belang vennootschap beperken of opheffen…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of May at 14:00

Network & group

No group

SPD CONSTRUCT has no parent and no holdings in its annual accounts. SPD CONSTRUCT shares no director with another company.

Timeline

Timeline

33 events since 2001

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 25 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 37 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 41 days before the deadline
2023
Liquidity more than triples current ratio 13.36 The current ratio rises from 4.33 to 13.36. Short-term debt falls from €75,447 to €30,667.
Annual accounts 2022 filed PDFabbreviated format · 47 days before the deadline
Company renamed to SPD CONSTRUCTNew name: SPD CONSTRUCT · Resignations: DESMET Stefan (director) and MOLLEN Dirk Maria (director) · Reappointments: DESMET Stefan (director) and MOLLEN Dirk Maria (director) · General meeting of 02-06-20238 points ▸
  • Registered office clause, Varenweg 8, 2590 Berlaar
  • Director resignation, DESMET Stefan
  • Director reappointment, DESMET Stefan (director (not named in the articles))
  • Director resignation, MOLLEN Dirk Maria
  • Director reappointment, MOLLEN Dirk Maria (director (not named in the articles))
  • General meeting, 02-06-2023
  • Name change, SPD CONSTRUCT
  • 1,860 shares
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFabbreviated format · 54 days before the deadline
2021
Liquidity doubles current ratio 2.76 The current ratio rises from 1.37 to 2.76. Short-term debt falls from €264,671 to €112,568.
Annual accounts 2020 filed PDFabbreviated format · 44 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 49 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 41 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 53 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 45 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 41 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 22 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 35 days before the deadline
2013
Highest result from 2006 to 2025 net €160,163 ▲380% The operating result of €254,049 and the net result of €160,163 are both a record.
Liquidity more than triples current ratio 4.58 The current ratio rises from 1.27 to 4.58. Short-term debt falls from €180,980 to €58,711.
Equity above €200,000 equity €258,707 ▲163% Equity rises from €98,544 to €258,707.
Annual accounts 2012 filed PDFabbreviated format · 54 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 57 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 39 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 53 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 49 days before the deadline
2008
Equity above €150,000 equity €175,499 ▲85.6% With a profit in every financial year since 2006, equity grows to €175,499.
Annual accounts 2007 filed PDFabbreviated format · 50 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 39 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2001
First establishment Varenweg 8, Berlaar
Incorporation published on 14-11-2001

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SPD CONSTRUCT was incorporated on 5 November 2001.1 The name was changed to SPD CONSTRUCT in 2023.2 Total assets fell from €478,109 in 2018 to €401,694 in 2025 and headcount from 1.2 to 1 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-06-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0476.005.724
VAT number
BE 0476.005.724
Peppol ID
0208:0476005724
Other Peppol ID
9925:BE0476005724
Legal form
Private limited company
Status
Active, normal situation
Founded
05-11-2001
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of May at 14:00
deed of 09-06-2023 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
SPD CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-06-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 09-06-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
41001 General construction of residential buildings main activity
Social security (RSZ) activities
41001 General construction of residential buildings main activity
Joint committees annual accounts 2024
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
41201 General construction of buildings main activity
Social security (RSZ) activities
41201 General construction of buildings main activity
Codes under NACEBEL 2003
VAT activities
45211 main activity
Social security (RSZ) activities
45211 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het oprichten van industriële en utiliteitsgebouwen,staalconstructies als hoofdaannemer dan wel onderaannemer; Algemene bouwonderneming voor…”
13 activities
  1. Het oprichten van industriële en utiliteitsgebouwen,staalconstructies als hoofdaannemer dan wel onderaannemer.
  2. Algemene bouwonderneming voor private en openbare werken.
  3. Aannemer van al de werken die voorkomen in de bouwsector.
  4. Groot- en kleinhandel,import en export,leveren en plaatsen van bouwmaterialen.
  5. Het verwerven,het verbeteren,uitrusten,inrichten,bezitten en beheren van onroerende goederen van alle aard.
  6. Het huren,verhuren en ter beschikking stellen onder alle vormen van alle onroerende goederen en voor alle bestemmingen.
  7. Dit allemaal binnen het kader van de geldende wettelijke en bestuurlijke voorschriften,met inbegrip van de activiteiten van vastgoedhandel.
  8. Het beheer van onroerend vermogen: ze mag in dit verband alle verrichtingen van aankoop,bouw,verandering,inrichting,verhuring,onderhuur,ruil en verkoop van alle onroerende goederen,uitvoeren.
  9. Het aannemen en/of uitvoeren van alle soorten van onderhoudswerken en werkzaamheden aan roerende en onroerende goederen.
  10. Het zowel in België als in het Buitenland verlenen van advies,presteren van organisatie en studiewerk,onder andere in financiële,handels- en immobiliën aangelegenheden.
  11. Het optreden als promotor in alle mogelijke onroerende realisaties,bijvoorbeeld projectontwikkeling.
  12. De vennootschap mag alle roerende en onroerende,industriële,commerciële of financiële verrichtingen doorvoeren die in verband staan met haar voorwerp en alle handelingen stellen die rechtstreeks of onrechtstreeks de verwezenlijking ervan kunnen bevorderen.
  13. Zij zal daarenboven rechtstreeks of onrechtstreeks mogen deelnemen aan de werking van andere vennootschappen of bedrijven met eenzelfde,gelijkaardig of verwant voorwerp of die een dergelijke activiteit uitoefenen dat in samenwerking met deze vennootschap of onderneming voor de hierbij opgerichte vennootschap nuttig kan zijn en dit door inbreng,versmelting,samenwerking,participaties of op gelijk welke andere wijze: de vennootschap mag leningen toestaan aan derden of waarborgen stellen voor derden.
deed of 09-06-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Varenweg 8 registered office 2590 Berlaar 31-12-2001 2.095.474.172

Buildings and parcels at the address

Ground area
1,448 m²
Buildings
201 m²
Volume, LiDAR
1,526 m³
Tallest building
11.4 m
Buildings to scale, each on its own parcel
201 m², 11.4 m 201 m², 11.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
12002C0380/00V0001,448 m² 1 · 201 m² 11.4 m · 3

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0476.005.724

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