Spéradès
ActiveSummary
Spéradès has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,103 and a net result of €38,106. Equity remains stable across the filed fiscal years (±1.7% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result has fallen three years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,695 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €830 | €405 | ▼ 51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,130 | €10,130 | €10,337 | €10,915 | €11,432 | €12,184 | €12,067 | €11,151 | ▼ 7.6% |
| Other operating charges640/8 | - | - | - | €2,686 | €2,481 | €2,302 | €2,395 | €2,474 | ▲ 3.3% |
| Gross operating margin9900 | €139,038 | €42,532 | €99,250 | €132,219 | €176,843 | €97,004 | €76,336 | €70,649 | ▼ 7.5% |
| Operating profit (loss)9901 | €125,854 | €30,460 | €86,997 | €118,618 | €162,930 | €82,518 | €61,044 | €56,619 | ▼ 7.2% |
| Financial income75/76B | - | - | - | - | - | €377 | €643 | €650 | ▲ 1.2% |
| Recurring financial income75 | €52 | €52 | - | - | - | €377 | €643 | €650 | ▲ 1.2% |
| Financial charges65/66B | - | - | - | €6,133 | €6,268 | €5,168 | €4,394 | €3,640 | ▼ 17.2% |
| Recurring financial charges65 | €6,535 | €6,331 | €6,057 | €6,133 | €6,268 | €5,168 | €4,394 | €3,640 | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €119,370 | €24,182 | €80,941 | €112,484 | €156,662 | €77,727 | €57,292 | €53,628 | ▼ 6.4% |
| Income taxes67/77 | €24,308 | €5,661 | €16,910 | €23,911 | €36,073 | €21,727 | €16,352 | €15,522 | ▼ 5.1% |
| Profit (loss) for the period9904 | €95,062 | €18,521 | €64,030 | €88,573 | €120,589 | €56,000 | €40,941 | €38,106 | ▼ 6.9% |
| Profit (loss) for the period to be appropriated9905 | €95,062 | €18,521 | €64,030 | €88,573 | €120,589 | €56,000 | €40,941 | €38,106 | ▼ 6.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €375,076 | €377,003 | €352,404 | €447,139 | €302,784 | €363,134 | €371,579 | €248,207 | ▼ 33.2% |
| Fixed assets21/28 | €95,359 | €85,228 | €78,345 | €70,945 | €61,672 | €50,621 | €38,554 | €27,402 | ▼ 28.9% |
| Tangible fixed assets22/27 | €93,784 | €83,653 | €76,770 | €69,370 | €60,097 | €49,046 | €36,979 | €25,827 | ▼ 30.2% |
| Land and buildings22 | - | - | - | €64,161 | €54,415 | €44,669 | €34,923 | €25,177 | ▼ 27.9% |
| Furniture and vehicles24 | - | - | - | €5,209 | €5,682 | €4,376 | €2,055 | €650 | ▼ 68.4% |
| Financial fixed assets28 | €1,575 | €1,575 | €1,575 | €1,575 | €1,575 | €1,575 | €1,575 | €1,575 | = |
| Current assets29/58 | €279,717 | €291,775 | €274,059 | €376,194 | €241,112 | €312,513 | €333,026 | €220,805 | ▼ 33.7% |
| Amounts receivable within one year40/41 | - | €19,500 | €9,979 | €4,800 | €219 | €9,407 | €14,836 | €4,583 | ▼ 69.1% |
| Trade receivables40 | - | - | - | €0 | - | - | €670 | €670 | = |
| Other amounts receivable41 | - | - | - | €4,800 | €219 | €9,407 | €14,166 | €3,914 | ▼ 72.4% |
| Cash at bank and in hand54/58 | €279,717 | €272,275 | €263,845 | €370,580 | €240,437 | €302,747 | €317,844 | €215,840 | ▼ 32.1% |
| Deferred charges and accrued income490/1 | - | - | - | €814 | €456 | €359 | €345 | €382 | ▲ 10.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €375,076 | €377,003 | €352,404 | €447,139 | €302,784 | €363,134 | €371,579 | €248,207 | ▼ 33.2% |
| Equity10/15 | €237,343 | €180,863 | €244,894 | €333,467 | €204,056 | €260,056 | €300,997 | €189,103 | ▼ 37.2% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €57,860 | €98,801 | €136,907 | ▲ 38.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | - | €56,000 | €96,941 | €135,047 | ▲ 39.3% |
| Profit (loss) carried forward14 | €223,083 | €166,603 | €230,634 | €319,207 | €189,796 | €189,796 | €189,796 | €39,796 | ▼ 79.0% |
| Amounts payable17/49 | €137,733 | €196,139 | €107,510 | €113,672 | €98,729 | €103,078 | €70,582 | €59,104 | ▼ 16.3% |
| Amounts payable after more than one year17 | €116,753 | €107,510 | €97,783 | €87,564 | €76,827 | €65,558 | €53,707 | €41,257 | ▼ 23.2% |
| Financial debts170/4 | - | - | - | €87,564 | €76,827 | €65,558 | €53,707 | €41,257 | ▼ 23.2% |
| Amounts payable within one year42/48 | €20,980 | €88,630 | €9,727 | €26,109 | €21,902 | €37,520 | €16,875 | €17,847 | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,219 | €10,737 | €11,269 | €11,850 | €12,450 | ▲ 5.1% |
| Trade debts44 | - | - | - | €5,913 | €92 | €7,651 | €931 | €836 | ▼ 10.2% |
| Suppliers440/4 | - | - | - | €5,913 | €92 | €7,651 | €931 | €836 | ▼ 10.2% |
| Taxes, remuneration and social security45 | - | - | - | €9,116 | €11,073 | €13,600 | €4,094 | €3,811 | ▼ 6.9% |
| Taxes450/3 | - | - | - | €3,915 | €11,073 | €5,600 | €4,094 | €3,811 | ▼ 6.9% |
| Remuneration and social security454/9 | - | - | - | €5,202 | €0 | €8,000 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €860 | - | €5,000 | €0 | €751 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €95,062 | €18,521 | €64,030 | €88,573 | €120,589 | €56,000 | €40,941 | €38,106 | ▼ 6.9% |
| + Depreciation and write-downs630 | €10,130 | €10,130 | €10,337 | €10,915 | €11,432 | €12,184 | €12,067 | €11,151 | ▼ 7.6% |
| Operating cash flow (approximation) | €105,192 | €28,651 | €74,367 | €99,488 | €132,021 | €68,185 | €53,008 | €49,258 | ▼ 7.1% |
| Investment in fixed assets (approximation) | - | €0 | -€3,454 | -€3,515 | -€2,160 | -€1,133 | €0 | €0 | - |
| Change in cash | - | -€7,443 | -€8,429 | €106,735 | -€130,143 | €62,310 | €15,097 | -€102,004 | ▼ 776% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.