SPECTROTECH
ActiveSPECTROTECH has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €16k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 73% of 17987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +63 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency99▲+53
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.05 in 2024), and 37.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
62.1%
Return on assets
13.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
61 d late
2022
25 d late
2021
59 d late
2020
23 d late
2019
87 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 28.6%
2024 · €55k
2018: €49k
2019: €46k
2020: €52k
2021: €48k
2022: €37k
2023: €64k
2024: €55k
2018 → 2025
Total assets
€114k▼ 39.9%
2024 · €191k
2018: €83k
2019: €110k
2020: €66k
2021: €135k
2022: €113k
2023: €177k
2024: €191k
2018 → 2025
Net result
€16k
2024 · €-9k
2018: €-2k
2019: €-3k
2020: €6k
2021: €-3k
2022: €-11k
2023: €27k
2024: €-9k
2018 → 2025
Working capital
€45k▲ 509%
2024 · €7k
2018: €42k
2019: €38k
2020: €39k
2021: €40k
2022: €36k
2023: €64k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€37k▼ 22.7%€64k▲ 73.9%€55k▼ 14.1%€71k▲ 28.6%
Operating result€-1k-€-10k▼ 565%€38k€-8k€24k
Net result€-3k-€-11k▼ 226%€27k€-9k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €24k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€26k▼ 45.3%
Current assets
€88k▼ 38.1%
Equity and liabilities €114k
Equity
€71k▲ 28.6%
Debt
€43k▼ 67.9%
The debt ratio falls from 71.0% to 37.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€30k▲
2024 · €-3k
Cash flow
€22k▲
2024 · €-3k
Solvency
62.1%▲
2024 · 29.0%
Current ratio
2.03▲
2024 · 1.05
Quick ratio
2.03▲
2024 · 1.05
Debt / equity
0.61▼
2024 · 2.45
ROE
22.2%▲
2024 · -16.4%
ROA
13.8%▲
2024 · -4.7%
Interest coverage
22.34▲
2024 · -3.23
Debt
€43k▼
2024 · €135k
Debt ≤ 1 year
€43k▼
2024 · €135k
Income taxes
€7k
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€191k€114k▼
Fixed assets21/28€48k€26k▼
Tangible fixed assets22/27€48k€26k▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24€48k€22k▼
Financial fixed assets28€85€85=
Current assets29/58€143k€88k▼
Amounts receivable within one year40/41€99k€63k▼
Trade receivables40€96k€60k▼
Other amounts receivable41€3k€3k=
Current investments50/53€94€94=
Cash at bank and in hand54/58€42k€21k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€191k€114k▼
Equity10/15€55k€71k▲
Contributions10/11€6k€6k=
Reserves13€58k€65k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€56k€63k▲
Profit (loss) carried forward14€-9k€0▲
Amounts payable17/49€135k€43k▼
Amounts payable within one year42/48€135k€43k▼
Trade debts44€33k€2k▼
Suppliers440/4€33k€2k▼
Advances received on contracts in progress46€58k-
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€12k€11k▼
Other amounts payable47/48€34k€30k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€1k€381▼
Non-recurring operating charges66A-€20k
Gross operating margin9900€-1k€51k▲
Operating profit (loss)9901€-8k€24k▲
Financial income75/76B€4€13▲
Recurring financial income75€4€13▲
Financial charges65/66B€779€1k▲
Recurring financial charges65€779€1k▲
Profit (loss) for the period before taxes9903€-9k€22k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-9k€16k▲
Profit (loss) for the period to be appropriated9905€-9k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€7k▲
Profit (loss) brought forward from the previous period14P€0€-9k▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 4.64
Current ratio from 1.66 to 4.64; short-term debt falls from €57k to €11k.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ittre · 1 establishment unit since 2000
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.
Bois du Chapître 21460 IttreGround area
3,400 m²
Building footprint
151 m²
Parcel 25044A0131/00D003, Wallonia. Linked by address, not a title deed.
1 establishment unit
SPECTROTECH
since 20002.093.553.770
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044A0131/00D003 | Wallonia | 3,400 m² | 1 · 151 m² | - |
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.
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UND IT
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JOMA
BE 0464.903.083
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SMART LABO
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Of 3,210 companies in sector 47400 we hold annual accounts for 1,795. 1,451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-1999
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.