SPEYK
ActiveSummary
SPEYK has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €557,202 and a net result of -€59,405. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 3337 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-9
Solvency45=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.59 in 2024; short-term debt: 22.1% and cash: 0% of total assets), and 79.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192022232425
2018 to 2025 · latest year -€59,405
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
1 d early
2022
3 d early
2020
27 d late
2019
1 d early
2018
28 d 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 7 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€557,202▼ 9.6%
2024 · €616,607
Total assets
€2.7m▼ 10.2%
2024 · €3.0m
Net result
-€59,405▼ 184%
2024 · -€20,938
Working capital
-€105,262▲ 74.7%
2024 · -€416,393
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result€35,315▼ 34.8%€61,974-€47,128▼ 24.0%€24,701▼ 47.6%-€12,526
Net result€2,089below the sector's middle half▼ 65.9%€5,038below the sector's middle half-€598below the sector's middle half▼ 88.1%-€20,938below the sector's middle half-€59,405below the sector's middle half▼ 184%
Equity€30,410below the sector's middle half▲ 7.4%€636,948within the sector's middle half-€637,545within the sector's middle half▲ 0.1%€616,607within the sector's middle half▼ 3.3%€557,202within the sector's middle half▼ 9.6%
Total assets€1.2mwithin the sector's middle half▼ 4.5%€2.0mwithin the sector's middle half-€3.0mabove the sector's middle half▲ 51.1%€3.0mabove the sector's middle half▲ 2.6%€2.7mabove the sector's middle half▼ 10.2%
Debt€1.1m▼ 4.8%€1.3m-€2.3m▲ 75.6%€2.4m▲ 4.3%€2.2m▼ 10.3%
Working capital-€42,157below the sector's middle half-€326below the sector's middle half--€192,017below the sector's middle half▼ 58,796%-€416,393below the sector's middle half▼ 117%-€105,262below the sector's middle half▲ 74.7%
Solvency2.6%below the sector's middle half▲ 0.3pp32.5%within the sector's middle half-21.5%within the sector's middle half▼ 11.0pp20.3%within the sector's middle half▼ 1.2pp20.4%within the sector's middle half▲ 0.1pp
Current ratio0.82below the sector's middle half▼ 0.181.00below the sector's middle half-0.77below the sector's middle half▼ 0.230.59below the sector's middle half▼ 0.180.83below the sector's middle half▲ 0.23
Return on assets (ROA)0.2%below the sector's middle half▼ 0.3pp0.3%below the sector's middle half-0.0%below the sector's middle half▼ 0.2pp-0.7%below the sector's middle half▼ 0.7pp-2.2%below the sector's middle half▼ 1.5pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half-1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12,526 after €24,701 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€2.2m ▼ 8.2%
Current assets
€497,238 ▼ 18.1%
Equity and liabilities €2.7m
Equity
€557,202 ▼ 9.6%
Debt
€2.2m ▼ 10.3%
Debt's share of the balance-sheet total falls from 79.7% to 79.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€86,879▼
2024 · €126,145
Cash flow
€40,000▼
2024 · €80,506
Debt to equity
3.90▼
2024 · 3.93
ROE
-10.7%▼
2024 · -3.4%
Interest coverage
1.73▼
2024 · 2.50
Debt ≤ 1 year
€602,500▼
2024 · €1.0m
Debt > 1 year
€1.6m▲
2024 · €1.4m
Income taxes
€192▼
2024 · €301
Staff costs
€64,692▲
2024 · €63,253
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.5%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 2,450 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.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €89,353 | €56,166 | €63,253 | €64,692 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,708 | €68,109 | €59,640 | €101,445 | €99,405 | ▼ 2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €6,967 | €3,750 | €13,730 | €12,167 | ▼ 11.4% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €124,620 | €226,403 | €166,684 | €203,128 | €163,738 | ▼ 19.4% |
| Operating profit (loss)9901 | €35,315 | €61,974 | €47,128 | €24,701 | -€12,526 | ▼ 151% |
| Financial income75/76B | - | €577 | €1,944 | €5,029 | €3,588 | ▼ 28.7% |
| Recurring financial income75 | €0 | €577 | €1,944 | €5,029 | €3,588 | ▼ 28.7% |
| Financial charges65/66B | - | €48,854 | €42,979 | €50,368 | €50,276 | ▼ 0.2% |
| Recurring financial charges65 | €29,068 | €48,854 | €42,979 | €50,368 | €50,276 | ▼ 0.2% |
| Profit (loss) for the period before taxes9903 | €6,247 | €13,696 | €6,093 | -€20,638 | -€59,213 | ▼ 187% |
| Income taxes67/77 | €4,158 | €8,658 | €5,495 | €301 | €192 | ▼ 36.3% |
| Profit (loss) for the period9904 | €2,089 | €5,038 | €598 | -€20,938 | -€59,405 | ▼ 184% |
| Profit (loss) for the period to be appropriated9905 | €2,089 | €5,038 | €598 | -€20,938 | -€59,405 | ▼ 184% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €2.0m | €3.0m | €3.0m | €2.7m | ▼ 10.2% |
| Fixed assets21/28 | €981,390 | €1.7m | €2.3m | €2.4m | €2.2m | ▼ 8.2% |
| Intangible fixed assets21 | - | - | €6,390 | €4,890 | €3,390 | ▼ 30.7% |
| Tangible fixed assets22/27 | €760,159 | €1.5m | €2.1m | €2.2m | €2.1m | ▼ 4.3% |
| Land and buildings22 | - | €1.3m | €1.8m | €1.9m | €2.0m | ▲ 6.0% |
| Plant, machinery and equipment23 | - | €139,159 | €188,035 | €196,695 | €390 | ▼ 99.8% |
| Furniture and vehicles24 | - | €19,120 | €55,718 | €61,754 | €48,405 | ▼ 21.6% |
| Other tangible fixed assets26 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €221,231 | €221,231 | €250,381 | €250,381 | €146,231 | ▼ 41.6% |
| Current assets29/58 | €189,766 | €268,093 | €646,916 | €606,922 | €497,238 | ▼ 18.1% |
| Amounts receivable after more than one year29 | - | - | €35,000 | €135,000 | €127,750 | ▼ 5.4% |
| Other amounts receivable291 | - | - | €35,000 | €135,000 | €127,750 | ▼ 5.4% |
| Amounts receivable within one year40/41 | €153,564 | €253,974 | €555,040 | €458,206 | €355,633 | ▼ 22.4% |
| Trade receivables40 | - | €253,165 | €554,947 | €458,159 | €355,614 | ▼ 22.4% |
| Other amounts receivable41 | - | €809 | €93 | €47 | €19 | ▼ 60.4% |
| Cash at bank and in hand54/58 | €11,175 | €134 | €41,942 | €5,055 | €81 | ▼ 98.4% |
| Deferred charges and accrued income490/1 | - | €13,985 | €14,934 | €8,661 | €13,774 | ▲ 59.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €2.0m | €3.0m | €3.0m | €2.7m | ▼ 10.2% |
| Equity10/15 | €30,410 | €636,948 | €637,545 | €616,607 | €557,202 | ▼ 9.6% |
| Contributions10/11 | - | €620,100 | €620,100 | €620,100 | €620,100 | = |
| Reserves13 | €11,810 | €16,848 | €17,445 | €9,069 | €9,069 | = |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €16,848 | €17,445 | €9,069 | €9,069 | = |
| Profit (loss) carried forward14 | - | - | - | -€12,562 | -€71,967 | ▼ 473% |
| Amounts payable17/49 | €1.1m | €1.3m | €2.3m | €2.4m | €2.2m | ▼ 10.3% |
| Amounts payable after more than one year17 | €908,823 | €1.1m | €1.5m | €1.4m | €1.6m | ▲ 12.1% |
| Financial debts170/4 | - | €1.1m | €1.5m | €1.4m | €1.3m | ▼ 5.8% |
| Other amounts payable178/9 | - | - | - | - | €250,000 | - |
| Amounts payable within one year42/48 | €231,924 | €268,419 | €838,934 | €1.0m | €602,500 | ▼ 41.1% |
| Current portion of amounts payable after more than one year42 | - | €28,477 | €53,319 | €178,664 | €81,154 | ▼ 54.6% |
| Financial debts43 | - | €14,979 | €0 | €14,986 | €15,000 | ▲ 0.1% |
| Credit institutions430/8 | - | €14,979 | €0 | €14,986 | €15,000 | ▲ 0.1% |
| Trade debts44 | €54,087 | €39,423 | €329,738 | €67,128 | €75,653 | ▲ 12.7% |
| Suppliers440/4 | - | €39,423 | €329,738 | €67,128 | €75,653 | ▲ 12.7% |
| Advances received on contracts in progress46 | - | €0 | - | €2,755 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €54,693 | €31,608 | €57,805 | €72,841 | ▲ 26.0% |
| Taxes450/3 | - | €24,875 | €18,520 | €31,211 | €52,904 | ▲ 69.5% |
| Remuneration and social security454/9 | - | €29,818 | €13,089 | €26,594 | €19,937 | ▼ 25.0% |
| Other amounts payable47/48 | - | €130,846 | €424,268 | €701,976 | €357,852 | ▼ 49.0% |
| Accrued charges and deferred income492/3 | - | - | €16 | €564 | €2,189 | ▲ 288% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,089 | €5,038 | €598 | -€20,938 | -€59,405 | ▼ 184% |
| + Depreciation and write-downs630 | €37,708 | €68,109 | €59,640 | €101,445 | €99,405 | ▼ 2.0% |
| Operating cash flow (approximation) | €39,797 | €73,147 | €60,238 | €80,506 | €40,000 | ▼ 50.3% |
| Investment in fixed assets (approximation) | - | - | -€682,430 | -€219,368 | €100,661 | ▲ 146% |
| Change in cash | - | - | €41,808 | -€36,887 | -€4,973 | ▲ 86.5% |
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet -€59,405
Net result drops to -€59,405, the lowest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €500,000Eq €636,948 ▲1,995%
4 profitable years in a row build equity to €636,948.
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €6,124 ▲80.7%
Net result €6,124, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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
Registered office, Brugge
Ground area
134 m²
Building footprint
103 m²
Volume, LiDAR
1,080 m³
Parcel 31804D0107/02Y000, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0107/02Y000 | Flanders | 134 m² | 1 · 103 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
- Sourceaccounts PILLARS 20242.69%
Holdings 1
-
49%
According to the annual accounts to 30-06-2025 of SPEYK and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Xavier Dieux, Avocat
BE 0766.325.041
Brussel · Eq €556,816
DS-LAW
BE 0828.854.112
Braine-l'Alleud · Eq €556,641
ADVOCATENKANTOOR BEELEN - LENAERTS
BE 0899.112.695
Hoegaarden · Eq €557,817
Martius
BE 0794.290.141
Bertem · Eq €556,578
VERHEYEN JOOST ADVOCAAT
BE 0840.609.621
Beringen · Eq €558,442
Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 5,655 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-09-2003
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860398413
Also
9925:BE0860398413
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.