Spectacles
ActiveSummary
Spectacles has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €119,465 and a net result of -€32,061. Equity is shrinking by about 5.9% per year across the filed financial years. Its solvency ranks better than 34% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- €119,465
- Loss
- -€32,061
Why 82raises riskLoss of €32,061 (financial year 2025)Last filed accounts filed 31 days late; 3 of the last 3 latelowers riskLiquidity: current ratio 2.76, cash €81,726Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 35% on solvency, 56% on liquidity, 12% on profitability and 22% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 150 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: VERBERT Philippe (manager)Appointment: VERBERT Philippe (director) ·…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00477289.
2021 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €33,799 after €28,221 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €100 | €4,177 | €150 | €3,342 | €0 | ▼ 100% |
| Gross operating margin9900 | €53,397 | €33,502 | €45,462 | -€50,652 | -€6,860 | €31,562 | -€33,799 | - |
| Operating profit (loss)9901 | €51,044 | €33,502 | €45,362 | -€54,829 | -€7,010 | €28,221 | -€33,799 | - |
| Financial income75/76B | - | - | €6,660 | €6,660 | €6,660 | €6,660 | €6,675 | ▲ 0.2% |
| Recurring financial income75 | - | €6,660 | €6,660 | €6,660 | €6,660 | €6,660 | €6,675 | ▲ 0.2% |
| Financial charges65/66B | - | - | €8,447 | €7,388 | €8,554 | €5,405 | €4,938 | ▼ 8.7% |
| Recurring financial charges65 | €2,175 | €11,469 | €8,447 | €7,388 | €8,554 | €5,405 | €4,938 | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | €48,869 | €28,693 | €43,576 | -€55,558 | -€8,904 | €29,475 | -€32,061 | - |
| Income taxes67/77 | €24,716 | €48,753 | €19,454 | €23,267 | €36 | €0 | - | - |
| Profit (loss) for the period9904 | €24,153 | -€20,060 | €24,121 | -€78,825 | -€8,940 | €29,475 | -€32,061 | - |
| Profit (loss) for the period to be appropriated9905 | €24,153 | -€20,060 | €24,121 | -€78,825 | -€8,940 | €29,475 | -€32,061 | - |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €214,703 | €253,442 | €345,135 | €302,499 | €250,262 | €270,678 | €334,436 | ▲ 23.6% |
| Fixed assets21/28 | €2,001 | €2,001 | €2,001 | €2,001 | €2,001 | €2,001 | €2,001 | = |
| Financial fixed assets28 | €2,001 | €2,001 | €2,001 | €2,001 | €2,001 | €2,001 | €2,001 | = |
| Current assets29/58 | €212,702 | €251,441 | €343,134 | €300,499 | €248,262 | €268,677 | €332,435 | ▲ 23.7% |
| Amounts receivable after more than one year29 | - | - | €222,000 | €222,000 | €222,000 | €222,000 | €222,000 | = |
| Other amounts receivable291 | - | - | €222,000 | €222,000 | €222,000 | €222,000 | €222,000 | = |
| Amounts receivable within one year40/41 | €199,695 | €18,271 | €94,828 | €71,110 | €2,785 | €22,253 | €22,050 | ▼ 0.9% |
| Trade receivables40 | - | - | €74,415 | €54,027 | €2,785 | €20,147 | €17,777 | ▼ 11.8% |
| Other amounts receivable41 | - | - | €20,413 | €17,083 | €0 | €2,106 | €4,273 | ▲ 103% |
| Cash at bank and in hand54/58 | €9,094 | €130 | €19,647 | €729 | €16,817 | €17,764 | €81,726 | ▲ 360% |
| Deferred charges and accrued income490/1 | - | - | €6,660 | €6,660 | €6,660 | €6,660 | €6,660 | = |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €214,703 | €253,442 | €345,135 | €302,499 | €250,262 | €270,678 | €334,436 | ▲ 23.6% |
| Equity10/15 | €180,315 | €185,695 | €209,816 | €130,991 | €122,051 | €151,527 | €119,465 | ▼ 21.2% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,859 | €173,295 | €197,416 | €118,591 | €109,651 | €139,127 | €107,065 | ▼ 23.0% |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | €195,557 | €116,732 | €107,792 | €137,267 | €105,206 | ▼ 23.4% |
| Profit (loss) carried forward14 | €166,056 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €34,388 | €67,747 | €135,319 | €171,508 | €128,211 | €119,151 | €214,971 | ▲ 80.4% |
| Amounts payable after more than one year17 | - | - | - | - | - | €28,500 | €28,500 | = |
| Financial debts170/4 | - | - | - | - | - | €28,500 | €28,500 | = |
| Amounts payable within one year42/48 | €34,388 | €67,747 | €135,156 | €125,223 | €99,384 | €59,245 | €120,321 | ▲ 103% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €37,500 | €0 | - | - |
| Trade debts44 | €7,586 | €16,842 | €40,599 | €21,168 | €32,481 | €14,798 | €71,897 | ▲ 386% |
| Suppliers440/4 | - | - | €40,599 | €21,168 | €32,481 | €14,798 | €71,897 | ▲ 386% |
| Taxes, remuneration and social security45 | - | - | €74,184 | €89,563 | €13,094 | €27,461 | €31,957 | ▲ 16.4% |
| Taxes450/3 | - | - | €74,184 | €89,563 | €13,094 | €27,461 | €29,640 | ▲ 7.9% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €2,317 | - |
| Other amounts payable47/48 | - | - | €20,373 | €14,492 | €16,309 | €16,986 | €16,467 | ▼ 3.1% |
| Accrued charges and deferred income492/3 | - | - | €163 | €46,285 | €28,827 | €31,406 | €66,149 | ▲ 111% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,153 | -€20,060 | €24,121 | -€78,825 | -€8,940 | €29,475 | -€32,061 | - |
| Operating cash flow (approximation) | €24,153 | -€20,060 | €24,121 | -€78,825 | -€8,940 | €29,475 | -€32,061 | - |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | €19,516 | -€18,917 | €16,088 | €948 | €63,961 | ▲ 68× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00477289 |
| 31-12-2024 | micro format | 09-10-2025 | 2025-00539307 |
| 31-12-2023 | micro format | 16-10-2024 | 2024-00510870 |
| 31-12-2022 | micro format | 05-10-2023 | 2023-00484962 |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20471752 |
| 31-12-2020 | micro format | 28-01-2022 | 2022-03700300 |
| 31-12-2019 | micro format | 28-01-2022 | 2022-03700411 |
| 31-12-2018 | micro format | 31-10-2019 | 2019-73100150 |
| 31-12-2017 | micro format | 29-08-2018 | 2018-58000343 |
| 31-12-2016 | micro format | 05-03-2018 | 2018-06300227 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VERBERT Philippe |
|
Owners and capital
Capital and shareholders
- 04-02-2026 Converted to unavailable equity · €14,259
- 04-02-2026 Converted to uncalled contributions · €6,195
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-02
Gazette deed
Resignation: VERBERT Philippe (manager)Appointment: VERBERT Philippe (director) · Amendment of the articles · Legal form clause14 facts ▸
- Amendment of the articles (2 times)
- Legal form clause, “behouden, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “geldig voor eventuele toekomstige bijstortingen van het deel van het in het verleden geplaatste kapitaal dat nog niet werd gestort, statutair onbeschikbare eige…” (deed in Dutch)
- General meeting, 20-01-2026
- Purpose change
- Director resignation, VERBERT Philippe (manager)
- Director appointment, VERBERT Philippe (director (not named in the articles))
- Other provision, “onbezoldigd, alle aangelegenheden met betrekking tot de uitoefening van dit mandaat” (deed in Dutch)
- Registered office clause, “2547 Lint, Molenstraat 13, Vlaams Gewest” (deed in Dutch)
- Other provision, “coördinatie van de statuten op te maken en te ondertekenen, neerlegging in het vennootschapsdossier ter griffie van de Ondernemingsrechtbank te Gent, afdeling B…” (deed in Dutch)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11025D0014/00S000 | Flanders | 256 m² | 1 · 98 m² | 10.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verstrekken van advies en ondersteunende diensten - in de ruimste zin te interpreteren - op het vlak van sportmarketing en andere…” (deed in Dutch)
11 activities (deed in Dutch)
- Het verstrekken van advies en ondersteunende diensten - in de ruimste zin te interpreteren - op het vlak van sportmarketing en andere sport-gerelateerde zaken, zoals de begeleiding van atleten, de organisatie van sportwedstrijden en de werking van sportfederaties, -clubs en -teams, merchandising, evenals de verkoop en de aankoop van alle producten en diensten die hiervoor nodig zijn.
- Het verstrekken van advies en ondersteunende diensten - in de ruimste zin te interpreteren - op het vlak van marketing, sales, logistiek, productie, human resources en employer branding, evenals de verkoop en de aankoop van alle producten en diensten die hiervoor nodig zijn.
- Het inrichten en de organisatie van evenementen, sportevenementen, seminaries , congressen en beurzen, feesten en diverse manifestaties, in de ruimste zin te interpreteren, evenals de verkoop en de aankoop van alle producten en diensten die hiervoor nodig zijn.
- Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard ; in de ruimste zin, bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur.
- A) het verwerven, door inschrijving of aankoop, en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten vennootschappen;
- B) het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering;
- C) het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito's op korte termijn, spaarkassen, hypotheekmaatschappijen, kapitalisatieondernemingen, ondernemingen voor vermogensbeheer en beleggingsadvies;
- D) het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen; in de meest ruime betekenis, het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborgplaatsing, verhandeling of anderszins, alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalbestuur.
- E) het waarnemen van alle bestuurs- en vereffenaarsopdrachten, het uitoefenen van mandaten en functies in andere vennootschappen of ondernemingen;
- F) het verhuren of huren, aan- en verkoop van onroerende goederen; alsmede alle activiteiten die betrekking hebben op onroerende leasing;
- G) het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan worden overgebracht naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur (onbepaald bij gebrek aan bepaling), herroepbaar ad nutum (niet-statutair) of wegens wettige reden…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 20:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Hernieuwbare termijn van drie jaar, wanneer door wet vereist” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Geen afbreuk aan het recht van de algemene vergadering om één of meerdere vereffenaars aan te duiden, hun bevoegdheden te omlijnen en hun…” (deed in Dutch)