SPHINK
ActiveSPHINK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €-21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-13
Solvency31▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.29 against 0.34 in 2024; short-term debt: 52.5% and cash: 0.1% of total assets), and 94.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9150 sector peers (2025).
NBB · sector comparisonPosition among 9150 sector peers
Solvency
better than 24%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
29 d late
2023
1 d early
2022
58 d late
2021
120 d late
2020
128 d late
2019
119 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€72k▼ 22.8%
2024 · €93k
2018: €-41k
2019: €-126k
2020: €-155k
2021: €-145k
2022: €-81k
2023: €93k
2024: €93k
2018 → 2025
Total assets
€1.23M▼ 4.3%
2024 · €1.29M
2018: €935k
2019: €1.16M
2020: €1.17M
2021: €1.14M
2022: €1.19M
2023: €1.42M
2024: €1.29M
2018 → 2025
Net result
€-21k
2024 · €19
2018: €-73k
2019: €-86k
2020: €-86k
2021: €10k
2022: €64k
2023: €173k
2024: €19
2018 → 2025
Working capital
€-462k▼ 3.2%
2024 · €-448k
2018: €-138k
2019: €-204k
2020: €-267k
2021: €-541k
2022: €-491k
2023: €-447k
2024: €-448k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-145k-€-81k▲ 44.3%€93k€93k=€72k▼ 22.8%
Operating result€17k-€71k▲ 315%€211k▲ 195%€3k▼ 98.6%€-10k
Net result€10k-€64k▲ 561%€173k▲ 170%€19▼ 100.0%€-21k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€1.05M▼ 0.7%
Current assets
€186k▼ 20.6%
Equity and liabilities €1.23M
Equity
€72k▼ 22.8%
Provisions
€397k▼ 4.0%
Debt
€766k▼ 2.3%
The debt ratio rises from 60.8% to 62.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €3k
Cash flow
€-20k▼
2024 · €594
Solvency
5.8%▼
2024 · 7.2%
Current ratio
0.29▼
2024 · 0.34
Quick ratio
0.29▼
2024 · 0.34
Debt / equity
10.70▲
2024 · 8.46
ROE
-29.5%▼
2024 · 0.0%
ROA
-1.7%▼
2024 · 0.0%
Interest coverage
-0.74▼
2024 · 1.32
Debt
€766k▼
2024 · €784k
Debt ≤ 1 year
€648k▼
2024 · €682k
Income taxes
€368▲
2024 · €359
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€1.23M▼
Fixed assets21/28€1.06M€1.05M▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€1.05M€1.05M▼
Current assets29/58€234k€186k▼
Amounts receivable within one year40/41€233k€185k▼
Trade receivables40€36k€859▼
Other amounts receivable41€197k€184k▼
Cash at bank and in hand54/58€1k€984▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.23M▼
Equity10/15€93k€72k▼
Contributions10/11€19k€19k=
Reserves13€128k€128k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€99k€99k▼
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-54k€-75k▼
Provisions and deferred taxes16€414k€397k▼
Provisions for liabilities and charges160/5€383k€367k▼
Pensions and similar obligations160€109k€106k▼
Other liabilities and charges164/5€274k€261k▼
Deferred taxes168€31k€30k▼
Amounts payable17/49€784k€766k▼
Amounts payable within one year42/48€682k€648k▼
Current portion of amounts payable after more than one year42€97k€77k▼
Trade debts44€12k€10k▼
Suppliers440/4€12k€10k▼
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€2k€7k▲
Remuneration and social security454/9€9k€1k▼
Other amounts payable47/48€562k€553k▼
Accrued charges and deferred income492/3€102k€118k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€575€858▲
Other operating charges640/8€1k€0▼
Gross operating margin9900€5k€-9k▼
Operating profit (loss)9901€3k€-10k▼
Financial income75/76B€102€972▲
Recurring financial income75€102€972▲
Financial charges65/66B€3k€12k▲
Recurring financial charges65€3k€12k▲
Profit (loss) for the period before taxes9903€378€-21k▼
Transfer from deferred taxes780-€70
Transfer to deferred taxes680€0-
Income taxes67/77€359€368▲
Profit (loss) for the period9904€19€-21k▼
Transfer from tax-exempt reserves789-€211
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€19€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-75k▼
Profit (loss) brought forward from the previous period14P€-54k€-54k=
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €173k ▲170%
Operating result €211k, net result €173k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 128 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 196 days late
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 202 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Diest · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hellestraat 23294 DiestGround area
2,991 m²
Building footprint
159 m²
Volume, LiDAR
956 m³
Parcel 24073H0264/00X000, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sphink
since 20052.148.594.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24073H0264/00X000 | Flanders | 2,991 m² | 1 · 159 m² | 15.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,356 EUR awarded · 3,356 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 600 EUR |
| 2024 | 1 | 3,060 EUR | 2,460 EUR |
| 2022 | 1 | 296 EUR | 296 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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C-SQUARE
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Kortrijk · Eq €71k
HIP HOME
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SDN INVEST
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L&S PROJECTS
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Lille · Eq €71k
Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 3,511 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-06-2005
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70120
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
70111
70201
71111Activities of building architects
71112Activities of interior architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.