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SPEED SERVICES

Active
Private limited company (pre-2019)founded 200323 yrs activeElzas-Lotharingenstraat 6, 1050 Elsene, BelgiumKBO/BCE: BE 0480.190.283
Summary

The computed 12-month bankruptcy probability of SPEED SERVICES is 22.1% (high). The 2024 annual accounts show negative equity (-€90,790) and a net result of -€215. Equity remains stable across the filed fiscal years (±0.6% per year). The company has been active since 2003 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: High
Axes · tick = 2023
Profitability-
Solvency-
Growth32=
Track record84
Bankruptcy probability, 12 months
22.1% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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 2024
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 23 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
181921222324
2018 to 2024 · latest year -€90,790
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
31 d late
2021
36 d late
2019
120 d late
2018
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 46 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-compliance×2

History

SPEED SERVICES was incorporated on 9 May 2003.1 Total assets fell from EUR 30,614 in 2018 to EUR 9,432 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2024, micro schema

Equity
-€90,790▼ 0.2%
2023 · -€90,575
Total assets
€9,432=
2022 · €9,432
Net result
-€215▲ 85.1%
2022 · -€1,441
Working capital
-€92,603=
2022 · -€92,603
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
Line20192021202220232024
Operating result-€13,332€4,178--€1,388-€215
Net result-€14,043€3,665--€1,441-€215
Equity-€103,331▼ 103%-€89,134--€90,575▼ 1.6%-€90,575=-€90,790▼ 0.2%
Total assets€2,498▼ 91.8%€11,460-€9,432▼ 17.7%€9,432=
Debt€105,829▲ 29.9%€100,594-€100,007▼ 0.6%€100,007=€90,790▼ 9.2%
Working capital-€103,909▼ 84.4%-€92,122--€92,603▼ 0.5%-€92,603=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2019: -€13,332-€13,332Net result 2019: -€14,043-€14,043Operating result 2021: €4,178€4,178Net result 2021: €3,665€3,665Operating result 2022: -€1,388-€1,388Net result 2022: -€1,441-€1,441Operating result 2024: -€215-€215Net result 2024: -€215-€21520192021202220232024-€1,500-€1,000-€500€0Operating result 2022: -€1,388-€1,390Net result 2022: -€1,441-€1,440Operating result 2024: -€215-€215Net result 2024: -€215-€215202220232024
The operating result is -€215 in 2024, compared with -€1,388 in 2022. Comparable figures for the intervening years are unavailable.
Key figures and ratios
2024 value · change against 2023
Debt to equity
-1.00▲
2023 · -1.10
Debt ≤ 1 year
€90,790▼
2023 · €100,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€9,432-
Fixed assets21/28€2,028-
Tangible fixed assets22/27€1,733-
Furniture and vehicles24€1,733-
Financial fixed assets28€295-
Current assets29/58€7,403-
Amounts receivable within one year40/41€7,358-
Trade receivables40€7,318-
Other amounts receivable41€39-
Cash at bank and in hand54/58€46-
Equity and liabilities
Total equity and liabilities10/49€9,432€0▼
Equity10/15-€90,575-€90,790▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Profit (loss) carried forward14-€109,175-€109,390▼
Amounts payable17/49€100,007€90,790▼
Amounts payable within one year42/48€100,007€90,790▼
Trade debts44€7,296-
Suppliers440/4€7,296-
Taxes, remuneration and social security45€4,232-
Taxes450/3€4,232-
Other amounts payable47/48€88,479€90,790▲
Income statement Code20232024
Gross operating margin9900--€215
Operating profit (loss)9901--€215
Profit (loss) for the period before taxes9903--€215
Profit (loss) for the period9904--€215
Profit (loss) for the period to be appropriated9905--€215
Appropriation of the result
Profit (loss) to be appropriated9906-€109,175-€109,390▼
Profit (loss) brought forward from the previous period14P-€109,175-€109,175=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,710€729€960---
Other operating charges640/8-€528€60---
Non-recurring operating charges66A-€3,070----
Gross operating margin9900-€2,585€8,505-€369--€215-
Operating profit (loss)9901-€13,332€4,178-€1,388--€215-
Financial income75/76B-€0----
Recurring financial income75€26€0----
Financial charges65/66B-€513€53---
Recurring financial charges65€373€513€53---
Profit (loss) for the period before taxes9903-€13,679€3,665-€1,441--€215-
Income taxes67/77€364-----
Profit (loss) for the period9904-€14,043€3,665-€1,441--€215-
Profit (loss) for the period to be appropriated9905-€14,043€3,665-€1,441--€215-
Line20192021202220232024Change
Assets
Total assets20/58€2,498€11,460€9,432€9,432--
Fixed assets21/28€577€2,988€2,028€2,028--
Intangible fixed assets21-€0----
Tangible fixed assets22/27€282€2,693€1,733€1,733--
Furniture and vehicles24-€2,693€1,733€1,733--
Financial fixed assets28€295€295€295€295--
Current assets29/58€1,920€8,472€7,403€7,403--
Amounts receivable within one year40/41€1,887€8,236€7,358€7,358--
Trade receivables40-€8,233€7,318€7,318--
Other amounts receivable41-€3€39€39--
Cash at bank and in hand54/58€33€235€46€46--
Equity and liabilities
Total equity and liabilities10/49€2,498€11,460€9,432€9,432€0▼ 100%
Equity10/15-€103,331-€89,134-€90,575-€90,575-€90,790▼ 0.2%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600€18,600=
Issued capital100-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€121,931-€107,734-€109,175-€109,175-€109,390▼ 0.2%
Amounts payable17/49€105,829€100,594€100,007€100,007€90,790▼ 9.2%
Amounts payable within one year42/48€105,829€100,594€100,007€100,007€90,790▼ 9.2%
Trade debts44€7,446€9,546€7,296€7,296--
Suppliers440/4-€9,546€7,296€7,296--
Taxes, remuneration and social security45-€5,817€4,232€4,232--
Taxes450/3-€5,817€4,232€4,232--
Other amounts payable47/48-€85,230€88,479€88,479€90,790▲ 2.6%
Line20192021202220232024Change
Profit (loss) for the period9904-€14,043€3,665-€1,441--€215-
+ Depreciation and write-downs630€6,710€729€960---
Operating cash flow (approximation)-€7,333€4,394-€481--€215-
Investment in fixed assets (approximation)--€0€0--
Change in cash---€190€0--

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

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Timeline · acts, filings and financial milestones

2026
13-01
KBO administration UBO non-compliance
event 29-12-2025
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
11-04
KBO administration UBO non-compliance
event 31-03-2025
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
24-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
24-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 36 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
05-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
31-12
Financial Back to profitnet €3,665
Net result €3,665 after one loss-making year.
2020
28-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2019
31-12
Financial Weakest financial yearnet -€14,043
Net result drops to -€14,043, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Elsene · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
458 m²
Building footprint
164 m²
Volume, LiDAR
1,957 m³
2 parcels, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
SPEED SERVICES
de Rivierendreef 200, 1090 JetteNACE 52621
since 20032.143.227.470
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0869/00W009 Brussels 307 m² 1 · 100 m² 17.4 m · 5 fl.
21463C0426/00M004 Brussels 150 m² 1 · 64 m² 12.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded09-05-2003
Fiscal year end31-12
Contact
Phone 0496/57 14 00Jette
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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