SPEED TEAM WINDOWS
ActiveSPEED TEAM WINDOWS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 68% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-85
Solvency80▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.93 against 2.24 in 2024; short-term debt: 25.6% and cash: 19.6% of total assets), and 45.1% 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
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 · 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 · 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 2025Solvency, return and age of the figures
Solvency
54.9%
Return on assets
-8%
Age of the figures
9 mo
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 filingsDeviation from the deadline
2025
9 d early
2024
18 d late
2023
15 d early
2022
17 d late
2021
28 d late
2020
30 d late
2019
55 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5k
2024 · €19k
2018: €12k
2019: €-459
2020: €19
2021: €-10k
2022: €139
2023: €-546
2024: €19k
2018 → 2025
Working capital
€32k▼ 13.6%
2024 · €37k
2018: €30k
2019: €31k
2020: €32k
2021: €22k
2022: €22k
2023: €22k
2024: €37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€22k▲ 0.6%€22k▼ 2.5%€41k▲ 88.8%€35k▼ 12.8%
Operating result€-11k-€399€-359€22k€-4k
Net result€-10k-€139€-546€19k€-5k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€16k▼ 21.1%
Current assets
€49k▼ 27.3%
Equity and liabilities €65k
Equity
€35k▼ 12.8%
Debt
€29k▼ 37.2%
The debt ratio falls from 53.3% to 45.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€281▼
2024 · €23k
Cash flow
€-855▼
2024 · €20k
Solvency
54.9%▲
2024 · 46.7%
Current ratio
2.93▲
2024 · 2.24
Quick ratio
2.69▲
2024 · 2.11
Debt / equity
0.82▼
2024 · 1.14
ROE
-14.6%▼
2024 · 47.0%
ROA
-8.0%▼
2024 · 21.9%
Interest coverage
0.25▼
2024 · 44.68
Debt
€29k▼
2024 · €47k
Debt ≤ 1 year
€17k▼
2024 · €30k
Debt > 1 year
€13k▼
2024 · €17k
Income taxes
€0▼
2024 · €2k
Staff costs
€1k▲
2024 · €671
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€87k€65k▼
Fixed assets21/28€20k€16k▼
Tangible fixed assets22/27€20k€16k▼
Furniture and vehicles24€20k€16k▼
Current assets29/58€67k€49k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€40k€31k▼
Trade receivables40€37k€28k▼
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€21k€13k▼
Deferred charges and accrued income490/1€1k€915▼
Equity and liabilities
Total equity and liabilities10/49€87k€65k▼
Equity10/15€41k€35k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€20k€15k▼
Amounts payable17/49€47k€29k▼
Amounts payable after more than one year17€17k€13k▼
Financial debts170/4€17k€13k▼
Amounts payable within one year42/48€30k€17k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Advances received on contracts in progress46€13k€0▼
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Other amounts payable47/48€2k€157▼
Accrued charges and deferred income492/3€12€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€671€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€26k€3k▼
Operating profit (loss)9901€22k€-4k▼
Financial income75/76B€45€0▼
Recurring financial income75€45€0▼
Financial charges65/66B€517€1k▲
Recurring financial charges65€517€1k▲
Profit (loss) for the period before taxes9903€21k€-5k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€19k€-5k▼
Profit (loss) for the period to be appropriated9905€19k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€15k▼
Profit (loss) brought forward from the previous period14P€1k€20k▲
The notes to these accounts (13 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
31-12
Financial
Back to profitnet €139
Net result €139 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 28 days late
2021
31-12
Financial
Weakest financial yearnet €-10k ▼54835%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €19
Net result €19 after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-07
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
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, Farciennes · 1 establishment unit since 2009
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.
Rue du Roton(FAR) 546240 FarciennesGround area
2,687 m²
Building footprint
742 m²
Volume, LiDAR
4,849 m³
Parcel 52018A0105/00L002, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPEAD TEAM WINDOWS
since 20092.175.841.543
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018A0105/00L002 | Wallonia | 2,687 m² | 1 · 742 m² | 8.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
TenDens Plaatsing
BE 0567.761.685
Zemst · Eq €35k
MERKWIZIEN
BE 0555.645.593
Geraardsbergen · Eq €35k
MEUBEL CONCEPT
BE 0884.957.427
Anderlecht · Eq €35k
Q-TIME INTERIORS
BE 0647.933.571
Wommelgem · Eq €35k
KIMU
BE 0540.790.836
Schaarbeek · Eq €35k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-2008
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.