SPERO
InactiveSPERO was declared bankrupt on 21-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-04-2024, published in the Belgian State Gazette on 25-04-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-09-2021, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d late
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 43 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€29,453▲ 41.4%
2019 · €20,830
Total assets
€154,335▲ 28.2%
2019 · €120,352
Net result
€8,623▲ 16.2%
2019 · €7,421
Working capital
€21,649▲ 518%
2019 · €3,506
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€20,078-€20,078=€12,771▼ 36.4%
Net result€7,421-€7,421=€8,623▲ 16.2%
Equity€13,621-€20,830▲ 52.9%€29,453▲ 41.4%
Total assets€68,305-€120,352▲ 76.2%€154,335▲ 28.2%
Debt€54,684-€99,522▲ 82.0%€124,882▲ 25.5%
Working capital-€19,708-€3,506€21,649▲ 518%
Staff (FTE)2-2.4▲ 20.0%2.6▲ 8.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 36% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €168,758
Fixed assets
€36,749 =
Current assets
€132,009 ▲ 57.9%
Equity and liabilities €154,335
Equity
€29,453 ▲ 41.4%
Debt
€124,882 ▲ 25.5%
Debt's share of the balance-sheet total falls from 82.7% to 80.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36,961▼
2019 · €44,268
Cash flow
€32,812▲
2019 · €31,611
Current ratio
1.20▲
2019 · 1.04
Debt to equity
0.66▼
2019 · 0.93
ROE
29.3%▼
2019 · 35.6%
ROA
5.6%▼
2019 · 6.2%
Debt ≤ 1 year
€110,360▲
2019 · €80,098
Debt > 1 year
€19,424=
2019 · €19,424
Income taxes
€1,971▼
2019 · €10,812
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,783 | €24,190 | €24,190 | = |
| Gross operating margin9900 | €130,742 | €158,789 | €158,789 | = |
| Operating profit (loss)9901 | €20,078 | €20,078 | €12,771 | ▼ 36.4% |
| Recurring financial income75 | €22 | €2,284 | €5,506 | ▲ 141% |
| Recurring financial charges65 | €1,866 | €4,440 | €4,440 | = |
| Profit (loss) for the period before taxes9903 | €18,234 | €18,234 | €10,313 | ▼ 43.4% |
| Income taxes67/77 | €10,812 | €10,812 | €1,971 | ▼ 81.8% |
| Profit (loss) for the period9904 | €7,421 | €7,421 | €8,623 | ▲ 16.2% |
| Profit (loss) for the period to be appropriated9905 | €7,421 | €7,421 | €8,623 | ▲ 16.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €68,305 | €120,352 | €154,335 | ▲ 28.2% |
| Formation expenses20 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €33,330 | €36,749 | €36,749 | = |
| Intangible fixed assets21 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €33,330 | €36,749 | €36,749 | = |
| Financial fixed assets28 | €0 | €0 | €0 | - |
| Current assets29/58 | €34,975 | €83,603 | €132,009 | ▲ 57.9% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €26,042 | €83,603 | €103,297 | ▲ 23.6% |
| Current investments50/53 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €8,933 | €8,933 | €28,712 | ▲ 221% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €68,305 | €120,352 | €154,335 | ▲ 28.2% |
| Equity10/15 | €13,621 | €20,830 | €29,453 | ▲ 41.4% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €7,360 | €14,360 | €23,253 | ▲ 61.9% |
| Profit (loss) carried forward14 | €61 | €270 | €270 | = |
| Amounts payable17/49 | €54,684 | €99,522 | €124,882 | ▲ 25.5% |
| Amounts payable after more than one year17 | - | €19,424 | €19,424 | = |
| Amounts payable within one year42/48 | €54,684 | €80,098 | €110,360 | ▲ 37.8% |
| Trade debts44 | €10,705 | €12,184 | €34,073 | ▲ 180% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,421 | €7,421 | €8,623 | ▲ 16.2% |
| + Depreciation and write-downs630 | €11,783 | €24,190 | €24,190 | = |
| Operating cash flow (approximation) | €19,205 | €31,611 | €32,812 | ▲ 3.8% |
| Investment in fixed assets (approximation) | - | -€27,609 | -€24,190 | ▲ 12.4% |
| Change in cash | - | €0 | €19,779 | - |
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
2024
25-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-04-2024
2021
27-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-10-2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €8,623 ▲16.2%
Net result €8,623, the highest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC KIPS PALEISSTRAAT 24, 2018 ANTWERPEN 1- |
21-10-2021 → 16-04-2024 |