Specter
ActiveSummary
Specter has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €33k. Equity is growing by ~51% per year across the filed fiscal years. Its solvency ranks better than 43% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency78▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 3.39 in 2023; short-term debt: 47% and cash: 69.9% of total assets), and 47% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
439 d late
2022
151 d late
2021
120 d late
2020
34 d early
2019
61 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€80k▼ 59.4%
2023 · €197k
Total assets
€151k▼ 41.8%
2023 · €260k
Net result
€33k▼ 52.1%
2023 · €69k
Working capital
€53k▼ 65.0%
2023 · €150k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€37k▲ 17.6%€42k▲ 12.4%€60k▲ 42.4%€97k▲ 63.5%€37k▼ 61.9%
Net result€26k▲ 4.2%€31k▲ 18.6%€41k▲ 32.4%€69k▲ 69.9%€33k▼ 52.1%
Equity€56k▲ 86.8%€87k▲ 55.1%€128k▲ 47.0%€197k▲ 54.3%€80k▼ 59.4%
Total assets€76k▲ 69.5%€107k▲ 41.5%€167k▲ 55.9%€260k▲ 55.8%€151k▼ 41.8%
Debt€20k▲ 34.2%€20k▲ 2.8%€39k▲ 94.1%€63k▲ 60.4%€71k▲ 12.9%
Working capital€18k▼ 40.0%€56k▲ 210%€96k▲ 73.4%€150k▲ 55.9%€53k▼ 65.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 62% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151k
Fixed assets
€27k ▼ 41.1%
Current assets
€124k ▼ 42.0%
Equity and liabilities €151k
Equity
€80k ▼ 59.4%
Debt
€71k ▲ 12.9%
Debt's share of the balance-sheet total rises from 24.2% to 47.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▼
2023 · €109k
Cash flow
€52k▼
2023 · €81k
Current ratio
1.74▼
2023 · 3.39
Debt to equity
0.89▲
2023 · 0.32
ROE
41.4%▲
2023 · 35.2%
ROA
22.0%▼
2023 · 26.7%
Interest coverage
829.89▲
2023 · 392.34
Debt ≤ 1 year
€71k▲
2023 · €63k
Income taxes
€4k▼
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €8k | €10k | €12k | €19k | ▲ 63.4% |
| Other operating charges640/8 | - | €2k | €2k | €3k | €5k | ▲ 60.0% |
| Gross operating margin9900 | €42k | €52k | €72k | €112k | €61k | ▼ 45.5% |
| Operating profit (loss)9901 | €37k | €42k | €60k | €97k | €37k | ▼ 61.9% |
| Financial income75/76B | - | - | - | €3k | €442 | ▼ 83.6% |
| Recurring financial income75 | - | - | - | €3k | €442 | ▼ 83.6% |
| Financial charges65/66B | - | €378 | €265 | €278 | €68 | ▼ 75.6% |
| Recurring financial charges65 | €668 | €378 | €265 | €278 | €68 | ▼ 75.6% |
| Profit (loss) for the period before taxes9903 | €37k | €41k | €59k | €100k | €37k | ▼ 62.4% |
| Income taxes67/77 | €11k | €11k | €19k | €30k | €4k | ▼ 85.8% |
| Profit (loss) for the period9904 | €26k | €31k | €41k | €69k | €33k | ▼ 52.1% |
| Profit (loss) for the period to be appropriated9905 | €26k | €31k | €41k | €69k | €33k | ▼ 52.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76k | €107k | €167k | €260k | €151k | ▼ 41.8% |
| Fixed assets21/28 | €38k | €31k | €31k | €46k | €27k | ▼ 41.1% |
| Tangible fixed assets22/27 | €38k | €31k | €31k | €46k | €27k | ▼ 41.1% |
| Furniture and vehicles24 | - | €31k | €31k | €46k | €27k | ▼ 41.1% |
| Current assets29/58 | €38k | €76k | €136k | €213k | €124k | ▼ 42.0% |
| Amounts receivable within one year40/41 | - | - | €36k | €83k | €18k | ▼ 78.2% |
| Trade receivables40 | - | - | €609 | - | - | - |
| Other amounts receivable41 | - | - | €36k | €83k | €18k | ▼ 78.2% |
| Cash at bank and in hand54/58 | €38k | €75k | €100k | €130k | €106k | ▼ 18.9% |
| Deferred charges and accrued income490/1 | - | €620 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76k | €107k | €167k | €260k | €151k | ▼ 41.8% |
| Equity10/15 | €56k | €87k | €128k | €197k | €80k | ▼ 59.4% |
| Contributions10/11 | - | €5k | €5k | €5k | €5k | = |
| Reserves13 | €51k | €82k | €123k | €192k | €75k | ▼ 60.9% |
| Distributable reserves133 | - | €82k | €123k | €192k | €75k | ▼ 60.9% |
| Amounts payable17/49 | €20k | €20k | €39k | €63k | €71k | ▲ 12.9% |
| Amounts payable within one year42/48 | €20k | €20k | €39k | €63k | €71k | ▲ 12.9% |
| Trade debts44 | €160 | €808 | - | €459 | - | - |
| Suppliers440/4 | - | €808 | - | €459 | - | - |
| Taxes, remuneration and social security45 | - | €19k | €39k | €63k | €67k | ▲ 7.2% |
| Taxes450/3 | - | €19k | €39k | €63k | €67k | ▲ 7.2% |
| Other amounts payable47/48 | - | €1 | - | - | €4k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €31k | €41k | €69k | €33k | ▼ 52.1% |
| + Depreciation and write-downs630 | €2k | €8k | €10k | €12k | €19k | ▲ 63.4% |
| Operating cash flow (approximation) | €28k | €39k | €51k | €81k | €52k | ▼ 35.5% |
| Investment in fixed assets (approximation) | - | €-1k | €-10k | €-27k | €0 | ▲ 100% |
| Change in cash | - | €38k | €24k | €31k | €-25k | ▼ 180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 439 days late
2023
31-12
Financial
Highest result since 2019net €69k ▲69.9%
Operating result €97k, net result €69k, both a record.
31-12
Financial
Equity above €150kEq €197k ▲54.3%
5 profitable years in a row build equity to €197k.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial
Equity above €100kEq €128k ▲47%
4 profitable years in a row build equity to €128k.
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2019
Ground area
443 m²
Building footprint
98 m²
Volume, LiDAR
557 m³
Parcel 46028C0837/00W000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Specter
since 20192.291.928.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028C0837/00W000 | Flanders | 443 m² | 1 · 98 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2023 to 2025 · 3 entries · 1,069 EUR awarded · 2,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 210 EUR | 210 EUR |
| 2024 | 1 | 859 EUR | 859 EUR |
| 2023 | 1 | 0 EUR | 1,131 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.