Skip to content

SPECTRA

Active
Private limited company (pre-2019)founded 199036 yrs activeTalstrasse 14, 4780 Sankt Vith, BelgiumKBO/BCE: BE 0441.073.648
Summary

SPECTRA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€229,987) and a net result of -€59,737. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 5% of 1660 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
cash: 85.1% of total assets, and equity is negative.
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€229,987
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
30 d early
2023
7 d early
2022
5 d early
2021
23 d late
2020
2 d early
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SPECTRA was incorporated on 1 July 1990.1 Total assets fell from EUR 425,439 in 2018 to EUR 5,145 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€59,737▼ 374%
2024 · -€12,606
Working capital
€50,202▼ 40.0%
2020 · €83,633
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€978▲ 97.7%-€1,926▼ 96.9%-€2,053▼ 6.6%-€2,104▼ 2.5%-€49,235▼ 2,240%
Net result€116,347within the sector's middle half-€11,318below the sector's middle half-€12,271below the sector's middle half▼ 8.4%-€12,606below the sector's middle half▼ 2.7%-€59,737below the sector's middle half▼ 374%
Equity-€134,054below the sector's middle half▲ 46.5%-€145,373below the sector's middle half▼ 8.4%-€157,644below the sector's middle half▼ 8.4%-€170,250below the sector's middle half▼ 8.0%-€229,987below the sector's middle half▼ 35.1%
Total assets€61,332below the sector's middle half▼ 45.9%€58,408below the sector's middle half▼ 4.8%€57,019below the sector's middle half▼ 2.4%€54,647below the sector's middle half▼ 4.2%€5,145below the sector's middle half▼ 90.6%
Debt€195,386▼ 46.3%€203,781▲ 4.3%€214,663▲ 5.3%€224,897▲ 4.8%€235,132▲ 4.6%
Working capital€50,202▼ 40.0%
Solvency-218.6%below the sector's middle half▲ 2.4pp-248.9%below the sector's middle half▼ 30.3pp-276.5%below the sector's middle half▼ 27.6pp-311.5%below the sector's middle half▼ 35.1pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2021: -€978-€978Net result 2021: €116,347€116,347Operating result 2022: -€1,926-€1,926Net result 2022: -€11,318-€11,318Operating result 2023: -€2,053-€2,053Net result 2023: -€12,271-€12,271Operating result 2024: -€2,104-€2,104Net result 2024: -€12,606-€12,606Operating result 2025: -€49,235-€49,235Net result 2025: -€59,737-€59,73720212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€2,053-€2,050Net result 2023: -€12,271-€12,300Operating result 2024: -€2,104-€2,100Net result 2024: -€12,606-€12,600Operating result 2025: -€49,235-€49,200Net result 2025: -€59,737-€59,700202320242025
The operating result stays negative: a loss of €49,235 in 2025 against €2,104 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.02▲
2024 · -1.32
Debt > 1 year
€204,693=
2024 · €204,693
A ratio outside any meaningful range has been withheld (balance sheet total €5,145, equity -€229,987).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,640 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€54,647€5,145▼
Current assets29/58€54,647€5,145▼
Amounts receivable within one year40/41€47,555€768▼
Trade receivables40€12,240-
Other amounts receivable41€35,315€768▼
Cash at bank and in hand54/58€7,092€4,377▼
Equity and liabilities
Total equity and liabilities10/49€54,647€5,145▼
Equity10/15-€170,250-€229,987▼
Contributions10/11€18,716€18,716=
Profit (loss) carried forward14-€188,966-€248,703▼
Amounts payable17/49€224,897€235,132▲
Amounts payable after more than one year17€204,693€204,693=
Other amounts payable178/9€204,693€204,693=
Accrued charges and deferred income492/3€20,205€30,439▲
Income statement Code20242025
Other operating charges640/8€387€47,597▲
Gross operating margin9900-€1,717-€1,638▲
Operating profit (loss)9901-€2,104-€49,235▼
Financial charges65/66B€10,502€10,502=
Recurring financial charges65€10,502€10,502=
Profit (loss) for the period before taxes9903-€12,606-€59,737▼
Profit (loss) for the period9904-€12,606-€59,737▼
Profit (loss) for the period to be appropriated9905-€12,606-€59,737▼
Appropriation of the result
Profit (loss) to be appropriated9906-€188,966-€248,703▼
Profit (loss) brought forward from the previous period14P-€176,360-€188,966▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€348€384€387€47,597▲ 12,188%
Gross operating margin9900-€631-€1,578-€1,669-€1,717-€1,638▲ 4.6%
Operating profit (loss)9901-€978-€1,926-€2,053-€2,104-€49,235▼ 2,240%
Financial income75/76B€127,000-----
Recurring financial income75€127,000-----
Non-recurring financial income76B€127,000-----
Financial charges65/66B€9,675€9,393€10,218€10,502€10,502=
Recurring financial charges65€9,675€9,393€10,218€10,502€10,502=
Profit (loss) for the period before taxes9903€116,347-€11,318-€12,271-€12,606-€59,737▼ 374%
Profit (loss) for the period9904€116,347-€11,318-€12,271-€12,606-€59,737▼ 374%
Profit (loss) for the period to be appropriated9905€116,347-€11,318-€12,271-€12,606-€59,737▼ 374%
Line20212022202320242025Change
Assets
Total assets20/58€61,332€58,408€57,019€54,647€5,145▼ 90.6%
Current assets29/58€61,332€58,408€57,019€54,647€5,145▼ 90.6%
Amounts receivable within one year40/41€47,267€47,528€47,875€47,555€768▼ 98.4%
Trade receivables40€12,310€12,240€12,240€12,240--
Other amounts receivable41€34,957€35,288€35,635€35,315€768▼ 97.8%
Cash at bank and in hand54/58€14,064€10,880€9,144€7,092€4,377▼ 38.3%
Equity and liabilities
Total equity and liabilities10/49€61,332€58,408€57,019€54,647€5,145▼ 90.6%
Equity10/15-€134,054-€145,373-€157,644-€170,250-€229,987▼ 35.1%
Contributions10/11€18,716€18,716€18,716€18,716€18,716=
Profit (loss) carried forward14-€152,770-€164,089-€176,360-€188,966-€248,703▼ 31.6%
Amounts payable17/49€195,386€203,781€214,663€224,897€235,132▲ 4.6%
Amounts payable after more than one year17€174,693€184,693€204,693€204,693€204,693=
Other amounts payable178/9€174,693€184,693€204,693€204,693€204,693=
Amounts payable within one year42/48€11,130-----
Trade debts44€113-----
Suppliers440/4€113-----
Taxes, remuneration and social security45€11,017-----
Taxes450/3€11,017-----
Accrued charges and deferred income492/3€9,564€19,088€9,970€20,205€30,439▲ 50.7%
Line20212022202320242025Change
Profit (loss) for the period9904€116,347-€11,318-€12,271-€12,606-€59,737▼ 374%
Operating cash flow (approximation)€116,347-€11,318-€12,271-€12,606-€59,737▼ 374%
Change in cash--€3,184-€1,736-€2,052-€2,715▼ 32.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€59,737
Net result drops to -€59,737, the lowest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial Back to profitnet €116,347
Net result €116,347 after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial Back to profitnet €21,518
Net result €21,518 after one loss-making year.
19-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sankt Vith · 1 establishment unit since 1999
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.

Talstrasse 144780 Sankt Vith
1 establishment unit
Talstrasse 14, 4780 Sankt Vith
Manufacture of rubber and plastic products
since 19992.050.090.446

Structure & network

Owners and holdings

1 owner

Chain of control

  1. AMBALL 99.34%
  2. SPECTRA

Highest known parent: AMBALL. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46140Agents in the wholesale of industrial machinery, ships and aircraft
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441073648
Also 9925:BE0441073648
Registered 27-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.