Speed Services
ActiveSummary
The computed 12-month bankruptcy probability of Speed Services is 3.2% (moderate). The 2024 annual accounts show negative equity (-€1,473) and a net result of -€2,282. Equity is shrinking by ~79.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 1078 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-100
Growth58=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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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 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€1,473
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
125 d early
2022
13 d early
2021
115 d early
2020
51 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 60 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€1,473
2023 · €809
Total assets
€95▼ 88.2%
2023 · €809
Net result
-€2,282▼ 37.4%
2023 · -€1,661
Working capital
-€1,473
2022 · €2,470
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape 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
Line20202021202220232024
Operating result€15,602-€4,579-€6,663▼ 45.5%-€15,254▼ 129%-€2,228▲ 85.4%
Net result€5,116within the sector's middle half€2,955within the sector's middle half▼ 42.2%-€6,515below the sector's middle half-€1,661below the sector's middle half▲ 74.5%-€2,282below the sector's middle half▼ 37.4%
Equity€6,029below the sector's middle half▲ 561%€8,984below the sector's middle half▲ 49.0%€2,470below the sector's middle half▼ 72.5%€809below the sector's middle half▼ 67.2%-€1,473below the sector's middle half
Total assets€134,501within the sector's middle half▼ 15.1%€11,802below the sector's middle half▼ 91.2%€9,268below the sector's middle half▼ 21.5%€809below the sector's middle half▼ 91.3%€95below the sector's middle half▼ 88.2%
Debt€128,472▼ 18.4%€2,818▼ 97.8%€6,799▲ 141%€1,568
Working capital€4,349within the sector's middle half€8,984within the sector's middle half▲ 107%€2,470within the sector's middle half▼ 72.5%-€1,473within the sector's middle half
Solvency4.5%below the sector's middle half▲ 3.9pp76.1%above the sector's middle half▲ 71.6pp26.6%within the sector's middle half▼ 49.5pp
Current ratio1.03within the sector's middle half▲ 0.134.19above the sector's middle half▲ 3.151.36within the sector's middle half▼ 2.82
Return on assets (ROA)3.8%within the sector's middle half▲ 20.4pp25.0%above the sector's middle half▲ 21.2pp-70.3%below the sector's middle half▼ 95.3pp
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,228 in 2024 against €15,254 in 2023; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€1,568
Ratios withheld: a balance sheet total of €95 is too small for a meaningful ratio.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 6,940 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,150 | €1,855 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,355 | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€2,970 | - | - | - | - |
| Other operating charges640/8 | - | €156 | €159 | €718 | €782 | ▲ 8.9% |
| Non-recurring operating charges66A | - | €1,680 | - | - | - | - |
| Gross operating margin9900 | €34,142 | -€5,713 | -€6,504 | -€14,536 | -€1,446 | ▲ 90.1% |
| Operating profit (loss)9901 | €15,602 | -€4,579 | -€6,663 | -€15,254 | -€2,228 | ▲ 85.4% |
| Financial income75/76B | - | €7,605 | €220 | €14,688 | - | - |
| Recurring financial income75 | €16 | €105 | €93 | €0 | - | - |
| Non-recurring financial income76B | - | €7,500 | €127 | €14,688 | - | - |
| Financial charges65/66B | - | €71 | €72 | €1,095 | €54 | ▼ 95.1% |
| Recurring financial charges65 | €66 | €71 | €72 | €74 | €54 | ▼ 27.7% |
| Non-recurring financial charges66B | - | - | - | €1,021 | - | - |
| Profit (loss) for the period before taxes9903 | €5,116 | €2,955 | -€6,515 | -€1,661 | -€2,282 | ▼ 37.4% |
| Profit (loss) for the period9904 | €5,116 | €2,955 | -€6,515 | -€1,661 | -€2,282 | ▼ 37.4% |
| Profit (loss) for the period to be appropriated9905 | €5,116 | €2,955 | -€6,515 | -€1,661 | -€2,282 | ▼ 37.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €134,501 | €11,802 | €9,268 | €809 | €95 | ▼ 88.2% |
| Fixed assets21/28 | €1,680 | - | - | - | - | - |
| Intangible fixed assets21 | €1,680 | - | - | - | - | - |
| Current assets29/58 | €132,821 | €11,802 | €9,268 | €809 | €95 | ▼ 88.2% |
| Amounts receivable within one year40/41 | €95,760 | €8,417 | €2,402 | - | - | - |
| Trade receivables40 | - | €1,021 | €1,021 | - | - | - |
| Other amounts receivable41 | - | €7,396 | €1,381 | - | - | - |
| Cash at bank and in hand54/58 | €37,060 | €3,385 | €6,866 | €809 | €95 | ▼ 88.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €134,501 | €11,802 | €9,268 | €809 | €95 | ▼ 88.2% |
| Equity10/15 | €6,029 | €8,984 | €2,470 | €809 | -€1,473 | ▼ 282% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€2,031 | €924 | -€5,590 | -€7,251 | -€9,533 | ▼ 31.5% |
| Amounts payable17/49 | €128,472 | €2,818 | €6,799 | - | €1,568 | - |
| Amounts payable within one year42/48 | €128,472 | €2,818 | €6,799 | - | €1,568 | - |
| Trade debts44 | €127,186 | €2,729 | - | - | - | - |
| Suppliers440/4 | - | €2,729 | - | - | - | - |
| Other amounts payable47/48 | - | €90 | €6,799 | - | €1,568 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,116 | €2,955 | -€6,515 | -€1,661 | -€2,282 | ▼ 37.4% |
| + Depreciation and write-downs630 | €14,355 | - | - | - | - | - |
| Operating cash flow (approximation) | €19,471 | €2,955 | -€6,515 | -€1,661 | -€2,282 | ▼ 37.4% |
| Change in cash | - | -€33,675 | €3,481 | -€6,057 | -€714 | ▲ 88.2% |
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
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 4.19
Current ratio from 1.03 to 4.19; short-term debt falls from €128,472 to €2,818.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5,116
Net result €5,116 after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€26,259
Net result drops to -€26,259, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Antwerpen · 1 establishment unit since 2014
Ground area
377 m²
Building footprint
226 m²
Volume, LiDAR
1,469 m³
Parcel 11345B0203/00L008, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Speed Services
since 20142.226.541.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0203/00L008 | Flanders | 377 m² | 1 · 226 m² | 9.5 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
2025 · 1 entry · 78 EUR awarded · 78 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 78 EUR | 78 EUR |
Similar companies · same sector, comparable size
ORIGINAL SERVICE
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BE 0684.653.021
Menen · Eq €847
T&N SERVICES
BE 1012.650.504
Charleroi · Eq €772
ALMO CLEAN
BE 0729.535.317
Sint-Joost-ten-Node · Eq €854
Of 7,364 companies in sector 81210 we hold annual accounts for 2,741. 377 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
Founded27-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0543636894
Also
9925:BE0543636894
Registered
02-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.