SPEED TRAVAUX
ActiveSPEED TRAVAUX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €3k. Equity is shrinking by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▲+9
Solvency32▼-1
Growth33▲+11
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.06 against 1.1 in 2024; short-term debt: 92.2% of total assets), and 92.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
7.3%
Return on assets
0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2045 sector peers (2025).
NBB · sector comparisonPosition among 2045 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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
48 d late
2024
61 d late
2023
29 d late
2022
32 d late
2021
30 d late
2020
31 d late
2019
32 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.20M▲ 86.8%
2024 · €2.25M
2020: €4.13M
2021: €4.09M
2022: €3.51M
2023: €3.39M
2024: €2.25M
2020 → 2025
EBIT margin
0.1%▲ 0.5pp
2024 · -0.5%
2020: 1.5%
2021: 0.8%
2022: -3.7%
2023: 0.2%
2024: -0.5%
2020 → 2025
Net result
€3k
2024 · €-16k
2019: €7k
2020: €40k
2021: €21k
2022: €-134k
2023: €-5k
2024: €-16k
2019 → 2025
Working capital
€64k▼ 20.9%
2024 · €80k
2019: €111k
2020: €135k
2021: €80k
2022: €86k
2023: €88k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.09M-€3.51M▼ 14.1%€3.39M▼ 3.6%€2.25M▼ 33.6%€4.20M▲ 86.8%
Equity€233k-€99k▼ 57.7%€93k▼ 5.5%€75k▼ 19.7%€78k▲ 3.7%
Operating result€31k-€-132k€5k€-10k€3k
Net result€21k-€-134k€-5k▲ 96.0%€-16k▼ 194%€3k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€19k▲ 2.2%
Current assets
€1.05M▲ 15.1%
Equity and liabilities €1.07M
Equity
€78k▲ 3.7%
Debt
€989k▲ 15.9%
The debt ratio rises from 91.9% to 92.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €5k
Cash flow
€14k▲
2024 · €-672
Solvency
7.3%▼
2024 · 8.1%
Current ratio
1.06▼
2024 · 1.10
Quick ratio
1.04▼
2024 · 1.10
Debt / equity
12.74▲
2024 · 11.40
ROE
3.5%▲
2024 · -21.2%
ROA
0.3%▲
2024 · -1.7%
Interest coverage
2.28▲
2024 · 0.88
Debt
€989k▲
2024 · €853k
Debt ≤ 1 year
€983k▲
2024 · €829k
Debt > 1 year
€5k▼
2024 · €18k
Staff costs
€129k▲
2024 · €100k
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€928k€1.07M▲
Fixed assets21/28€19k€19k▲
Tangible fixed assets22/27€19k€19k▲
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€5k€11k▲
Current assets29/58€909k€1.05M▲
Stocks and contracts in progress3-€25k
Stocks30/36-€25k
Amounts receivable within one year40/41€811k€750k▼
Trade receivables40€634k€544k▼
Other amounts receivable41€177k€206k▲
Current investments50/53-€269k
Cash at bank and in hand54/58€45k-
Deferred charges and accrued income490/1€53k€4k▼
Equity and liabilities
Total equity and liabilities10/49€928k€1.07M▲
Equity10/15€75k€78k▲
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€-15k€-12k▲
Amounts payable17/49€853k€989k▲
Amounts payable after more than one year17€18k€5k▼
Financial debts170/4€18k€5k▼
Amounts payable within one year42/48€829k€983k▲
Current portion of amounts payable after more than one year42€13k€13k=
Financial debts43€1k€3k▲
Credit institutions430/8€1k€3k▲
Trade debts44€674k€527k▼
Suppliers440/4€674k€527k▼
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€23€1k▲
Remuneration and social security454/9€6k€19k▲
Other amounts payable47/48€136k€420k▲
Accrued charges and deferred income492/3€6k-
Income statement
Code20242025
Turnover70€2.25M€4.20M▲
Goods, raw materials, services and sundry goods60/61€2.14M€4.06M▲
Remuneration, social security and pensions62€100k€129k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€1k€720▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€106k€146k▲
Operating profit (loss)9901€-10k€3k▲
Financial income75/76B€6€6k▲
Recurring financial income75€6€6k▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-16k€3k▲
Profit (loss) for the period9904€-16k€3k▲
Profit (loss) for the period to be appropriated9905€-16k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-12k▲
Profit (loss) brought forward from the previous period14P€1k€-15k▼
Social balance
Average headcount (FTE)90872.32.7▲
The notes to these accounts (9 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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 48 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-134k ▼739%
Net result drops to €-134k, the lowest in the series; recovery starts the following year.
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-06
Financial
Highest result since 2019net €40k ▲489%
Operating result €63k, net result €40k, both a record.
30-06
Financial
Equity above €200kEq €212k ▲22.9%
2 profitable years in a row build equity to €212k.
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
27-01
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
no sitting director, no change since 2022
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.
03-05-2022
KUTH Mihai: Resigned as Manager
20-06-2017
VARTOLOMEI lulian: Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2006
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.
Opzichterstraat 1171080 Sint-Jans-MolenbeekGround area
362 m²
Building footprint
225 m²
Volume, LiDAR
2,475 m³
2 parcels, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SPEED TRAVAUX
since 20062.161.085.863
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0125/00Z006 | Brussels | 241 m² | 1 · 101 m² | 17.3 m · 5 fl. |
| 21010B0200/00L000 | Brussels | 121 m² | 1 · 124 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Recognised contractor
4 categoriesSPEED TRAVAUX SRL36785
Similar companies · same sector, comparable size
M.V. PROFI
BE 0678.662.181
Beersel · Eq €78k
ATC RENOV
BE 0800.839.819
Sint-Jans-Molenbeek · Eq €78k
EMR Services
BE 0628.677.487
Brussel · Eq €78k
RENOTECH
BE 0870.367.439
Sint-Pieters-Leeuw · Eq €78k
ANTIC.BUILD
BE 0743.467.485
Wemmel · Eq €77k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2006
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.speedtravaux.com
E-mail:speedtravaux@hotmail.fr