Spellmakers
ActiveSummary
The computed 12-month bankruptcy probability of Spellmakers is 2.5% (moderate). The 2024 annual accounts show equity of €1,556 and a net result of €400. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 26040 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 37 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,058 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% | 1.6% |
| 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 74% 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 2,541 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €277 | €277 | €277 | = |
| Other operating charges640/8 | €523 | €132 | €528 | ▲ 301% |
| Gross operating margin9900 | €438 | €515 | €1,258 | ▲ 144% |
| Operating profit (loss)9901 | -€361 | €106 | €453 | ▲ 326% |
| Financial charges65/66B | €54 | €135 | €53 | ▼ 60.4% |
| Recurring financial charges65 | €54 | €135 | €53 | ▼ 60.4% |
| Profit (loss) for the period before taxes9903 | -€415 | -€28 | €400 | ▲ 1,504% |
| Profit (loss) for the period9904 | -€415 | -€28 | €400 | ▲ 1,504% |
| Profit (loss) for the period to be appropriated9905 | -€415 | -€28 | €400 | ▲ 1,504% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8,427 | €8,231 | €8,209 | ▼ 0.3% |
| Formation expenses20 | €830 | €553 | €277 | ▼ 50.0% |
| Current assets29/58 | €7,597 | €7,678 | €7,932 | ▲ 3.3% |
| Stocks and contracts in progress3 | €6,998 | €6,629 | €6,441 | ▼ 2.8% |
| Stocks30/36 | €6,998 | €6,629 | €6,441 | ▼ 2.8% |
| Amounts receivable within one year40/41 | €143 | €276 | - | - |
| Trade receivables40 | €49 | €276 | - | - |
| Other amounts receivable41 | €94 | - | - | - |
| Cash at bank and in hand54/58 | €456 | €773 | €1,491 | ▲ 92.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8,427 | €8,231 | €8,209 | ▼ 0.3% |
| Equity10/15 | €1,185 | €1,156 | €1,556 | ▲ 34.6% |
| Contributions10/11 | €1,600 | €1,600 | €1,600 | = |
| Profit (loss) carried forward14 | -€415 | -€444 | -€44 | ▲ 90.1% |
| Amounts payable17/49 | €7,242 | €7,075 | €6,653 | ▼ 6.0% |
| Amounts payable within one year42/48 | €7,242 | €7,075 | €6,653 | ▼ 6.0% |
| Current portion of amounts payable after more than one year42 | - | €6,600 | €6,560 | ▼ 0.6% |
| Trade debts44 | €642 | €337 | - | - |
| Suppliers440/4 | €642 | €337 | - | - |
| Taxes, remuneration and social security45 | - | €138 | €93 | ▼ 32.8% |
| Taxes450/3 | - | €138 | €93 | ▼ 32.8% |
| Other amounts payable47/48 | €6,600 | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€415 | -€28 | €400 | ▲ 1,504% |
| + Depreciation and write-downs630 | €277 | €277 | €277 | = |
| Operating cash flow (approximation) | -€139 | €248 | €676 | ▲ 173% |
| Change in cash | - | €317 | €718 | ▲ 127% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0169/00B002 | Flanders | 129 m² | 1 · 58 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.