SPIBA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.28M and a net result of €572k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 5521 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
21 d late
2023
26 d late
2022
21 d late
2021
23 d late
2020
24 d late
2019
10 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.28M▲ 15.4%
2024 · €3.71M
2019: €2.62M
2020: €3.26M
2021: €3.80M
2022: €3.11M
2023: €3.76M
2024: €3.71M
2019 → 2025
Net result
€572k▲ 31.8%
2024 · €434k
2019: €455k
2020: €782k
2021: €588k
2022: €546k
2023: €646k
2024: €434k
2019 → 2025
Total assets
€4.29M▲ 2.1%
2024 · €4.20M
2019: €2.62M
2020: €3.46M
2021: €3.85M
2022: €3.97M
2023: €3.84M
2024: €4.20M
2019 → 2025
Solvency
99.8%▲ 11.6pp
2024 · 88.2%
2019: 99.9%
2020: 94.3%
2021: 98.6%
2022: 78.4%
2023: 98.0%
2024: 88.2%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.80M-€3.11M▼ 18.0%€3.76M▲ 20.8%€3.71M▼ 1.4%€4.28M▲ 15.4%
Operating result€741k-€765k▲ 3.2%€847k▲ 10.7%€593k▼ 30.0%€666k▲ 12.3%
Net result€588k-€546k▼ 7.0%€646k▲ 18.3%€434k▼ 32.8%€572k▲ 31.8%
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 recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.29M
Fixed assets
€615k▼ 0.1%
Current assets
€3.67M▲ 2.4%
Equity and liabilities €4.29M
Equity
€4.28M▲ 15.4%
Debt
€11k▼ 97.9%
The debt ratio falls from 11.8% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
99.8%▲
2024 · 88.2%
ROE
13.4%▲
2024 · 11.7%
ROA
13.3%▲
2024 · 10.3%
Debt
€11k▼
2024 · €496k
Debt ≤ 1 year
€11k▼
2024 · €496k
Income taxes
€219k▲
2024 · €202k
A ratio outside any meaningful range has been withheld (balance sheet total €4.29M, equity €4.28M).
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€4.20M€4.29M▲
Fixed assets21/28€616k€615k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Financial fixed assets28€614k€614k=
Current assets29/58€3.59M€3.67M▲
Amounts receivable within one year40/41€193€135k▲
Trade receivables40€193€75k▲
Other amounts receivable41-€60k
Current investments50/53€3.26M€3.31M▲
Cash at bank and in hand54/58€99k€19k▼
Deferred charges and accrued income490/1€226k€213k▼
Equity and liabilities
Total equity and liabilities10/49€4.20M€4.29M▲
Equity10/15€3.71M€4.28M▲
Contributions10/11€19k€19k=
Reserves13€3.69M€4.26M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€135k€345k▲
Distributable reserves133€3.55M€3.91M▲
Profit (loss) carried forward14€6€3▼
Amounts payable17/49€496k€11k▼
Amounts payable within one year42/48€496k€11k▼
Trade debts44€873€2k▲
Suppliers440/4€873€2k▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€9k€3k▼
Other amounts payable47/48€487k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€521€521=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€595k€668k▲
Operating profit (loss)9901€593k€666k▲
Financial income75/76B€52k€126k▲
Recurring financial income75€52k€126k▲
Financial charges65/66B€9k€1k▼
Recurring financial charges65€9k€1k▼
Profit (loss) for the period before taxes9903€635k€791k▲
Income taxes67/77€202k€219k▲
Profit (loss) for the period9904€434k€572k▲
Transfer from tax-exempt reserves789€734k-
Transfer to tax-exempt reserves689-€211k
Profit (loss) for the period to be appropriated9905€1.17M€362k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.17M€362k▼
Profit (loss) brought forward from the previous period14P€6€6▼
Transfer from equity791/2€487k-
Transfer to equity691/2€1.17M€362k▼
To other reserves6921€1.17M€362k▼
Profit to be distributed694/7€487k-
Return on contributions (dividend)694€487k-
The notes to these accounts (5 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
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
30-06
Financial
Liquidity times 48current ratio 346.80
Current ratio from 7.23 to 346.80; short-term debt falls from €496k to €11k.
21-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
30-06
Financial
Weakest financial yearnet €434k ▼32.8%
Net result drops to €434k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
30-06
Financial
Liquidity times 11current ratio 41.60
Current ratio from 3.92 to 41.60; short-term debt falls from €855k to €77k.
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-06
Financial
Liquidity quadruplescurrent ratio 58.90
Current ratio from 14.51 to 58.90; short-term debt falls from €196k to €55k.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-06
Financial
Highest result since 2019net €782k ▲71.9%
Net result €782k, the highest in the series.
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Ravels · 1 establishment unit since 2004
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.
Dorp 802382 RavelsGround area
626 m²
Building footprint
182 m²
Volume, LiDAR
1,262 m³
Parcel 13033B0371/00F000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spiba
since 20042.144.202.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13033B0371/00F000 | Flanders | 626 m² | 1 · 182 m² | 10.7 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
2024 to 2025 · 2 entries · 369 EUR awarded · 369 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 133 EUR | 133 EUR |
| 2024 | 1 | 236 EUR | 236 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600ZTSJZJKIBDZC39
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 8,613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2003
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.