Financials
- Financial year
- 2025
- Total assets
- €540,125
- Profit
- €11,032
- Solvency
- 17.8%
Total assets▲ 23.9%
Net result
20182025
SPEEDGLASS
ActiveSummary
SPEEDGLASS has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,159 and a net result of €11,032. Equity is growing by about 4.7% per year across the filed financial years. Its solvency ranks better than 49% of 1,595 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Hotels and similar accommodation
NACE 55100Repair and fitting of specific motor vehicle parts NACE 95313
8th largest company by total assets in Lasne, Accommodation and food service sector1 site
Size
≈ €290,000turnover 2025, estimated
- Equity
- €96,159
- Profit
- €11,032
Turnover estimated from the gross margin
Structure
- Cerica MirelaDirector
2025 accounts 43 days early1 of 6 deeds summarised
Why 66raises risk2 of the last 3 lateLiquidity: current ratio 0.09, cash €687lowers riskFounded in 2001Size: total assets €540,125Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 46% of its sector peers (NACE 55, micro)
Financial strength · tick = 2024
Weak
Solvency
43-2
equity 17.8% of total assets
Liquidity
38+11
short-term debt 29.5% · cash 0.1%
Profitability
45+22
return on assets 2.0%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 1.1%● unchanged vs 11-2024
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.0%▼ -0.1 percentage points vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025lowest value
07-2025: 1.2%▲ +0.2 percentage points vs 06-2025
08-2025: 1.7%▲ +0.5 percentage points vs 07-2025
09-2025: 2.0%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 1.6%▼ -0.4 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.5%▼ -0.1 percentage points vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.4%▼ -0.1 percentage points vs 05-2026
07-2026: 1.0%▼ -0.4 percentage points vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.09, compared with 0.07 in 2024, below 1; short-term debt: 29.5% and cash: 0.1% of total assets), and 82.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro): better than 46% on solvency, 34% on liquidity, 36% on profitability and 69% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
31 days late
2023
90 days late
2022
28 days late
2021
26 days late
2020
59 days late
2019
101 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 63 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €11,032
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- Cerica MirelaDirector
Timeline
- Events
- 29
- Since
- 2003
- Next accounts
- by 31-07-2027
- 31-12-2024Weakest financial year
- 04-12-2024Resignation: El Chaer Nader (director)
- 29-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Hotels and similar accommodationNACE 55100
- Founded
- 26-11-2001
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about SPEEDGLASS
- What is the company number of SPEEDGLASS?
- 0476.153.105. In Belgium the VAT number is the company number with BE in front: BE 0476.153.105.
- Where is SPEEDGLASS based?
- The registered office is at Chemin de la Ramée 2, 1380 Lasne.Company details
- What does SPEEDGLASS do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of SPEEDGLASS?
- Private limited company (pre-2019) (BVBA).
- When was SPEEDGLASS founded?
- On 26-11-2001.
- Is SPEEDGLASS still active?
- Yes, SPEEDGLASS is an active enterprise in the KBO register.
- How many employees does SPEEDGLASS have?
- On average 0.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of SPEEDGLASS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is SPEEDGLASS profitable?
- In financial year 2025, SPEEDGLASS made a profit of €11,032.
- Where can I find the annual accounts of SPEEDGLASS?
- SPEEDGLASS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPEEDGLASS due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to SPEEDGLASS
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- GOSSET HOTELDilbeek
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- ERASMUS HOTEL RESTAURANTGent
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