SPIDBEL
ActiveSPIDBEL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.65M and a net result of €1.40M. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 8636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+31
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.65M at 30 days acceptable
Liquidity ample (current ratio 6.9 against 3.26 in 2024; short-term debt: 5.9% and cash: 2.7% of total assets), and 5.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.1%
Return on assets
6.7%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
31 d early
2023
1 d early
2022
4 d early
2021
2 d early
2020
4 d early
2019
on the day
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.40M▲ 31.1%
2024 · €1.07M
2018: €1.37M
2019: €597k
2020: €394k
2021: €2.48M
2022: €936k
2023: €1.26M
2024: €1.07M
2018 → 2025
Working capital
€7.28M▲ 18.2%
2024 · €6.16M
2018: €-949k
2019: €-603k
2020: €83k
2021: €6.03M
2022: €5.79M
2023: €5.38M
2024: €6.16M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18.49M-€18.42M▼ 0.4%€18.18M▼ 1.3%€18.75M▲ 3.1%€19.65M▲ 4.8%
Operating result€162k-€189k▲ 16.1%€-21k€169k€151k▼ 11.0%
Net result€2.48M-€936k▼ 62.2%€1.26M▲ 34.4%€1.07M▼ 14.9%€1.40M▲ 31.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.88M
Fixed assets
€12.37M▼ 1.7%
Current assets
€8.51M▼ 4.2%
Equity and liabilities €20.88M
Equity
€19.65M▲ 4.8%
Debt
€1.23M▼ 54.7%
The debt ratio falls from 12.7% to 5.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€182k▲
2024 · €182k
Cash flow
€1.43M▲
2024 · €1.08M
Solvency
94.1%▲
2024 · 87.3%
Current ratio
6.90▲
2024 · 3.26
Quick ratio
6.90▲
2024 · 3.26
Debt / equity
0.06▼
2024 · 0.15
ROE
7.1%▲
2024 · 5.7%
ROA
6.7%▲
2024 · 5.0%
Interest coverage
5.62▲
2024 · 2.17
Debt
€1.23M▼
2024 · €2.72M
Debt ≤ 1 year
€1.23M▼
2024 · €2.72M
Income taxes
€103k▼
2024 · €127k
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€21.47M€20.88M▼
Fixed assets21/28€12.59M€12.37M▼
Tangible fixed assets22/27€183k€321k▲
Land and buildings22€181k€199k▲
Furniture and vehicles24€2k€122k▲
Financial fixed assets28€12.41M€12.05M▼
Current assets29/58€8.88M€8.51M▼
Amounts receivable within one year40/41€1.37M€2.31M▲
Trade receivables40€36k€20k▼
Other amounts receivable41€1.33M€2.29M▲
Current investments50/53€7.00M€5.62M▼
Cash at bank and in hand54/58€495k€567k▲
Deferred charges and accrued income490/1€15k€7k▼
Equity and liabilities
Total equity and liabilities10/49€21.47M€20.88M▼
Equity10/15€18.75M€19.65M▲
Contributions10/11€4.07M€4.07M=
Revaluation surpluses12€52k€52k=
Reserves13€1.53M€1.53M=
Distributable reserves133€1.53M€1.53M=
Profit (loss) carried forward14€13.09M€13.99M▲
Amounts payable17/49€2.72M€1.23M▼
Amounts payable within one year42/48€2.72M€1.23M▼
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€19k€7k▼
Taxes450/3€19k€7k▼
Other amounts payable47/48€2.70M€1.22M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€32k▲
Other operating charges640/8€3k€11k▲
Gross operating margin9900€186k€193k▲
Operating profit (loss)9901€169k€151k▼
Financial income75/76B€1.11M€1.39M▲
Recurring financial income75€1.11M€1.39M▲
Financial charges65/66B€84k€32k▼
Recurring financial charges65€84k€32k▼
Profit (loss) for the period before taxes9903€1.20M€1.51M▲
Income taxes67/77€127k€103k▼
Profit (loss) for the period9904€1.07M€1.40M▲
Profit (loss) for the period to be appropriated9905€1.07M€1.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€13.59M€14.49M▲
Profit (loss) brought forward from the previous period14P€12.52M€13.09M▲
Profit to be distributed694/7€501k€501k=
Return on contributions (dividend)694€501k€501k=
The notes to these accounts (8 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 6.90
Current ratio from 3.26 to 6.90; short-term debt falls from €2.72M to €1.23M.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.48M ▲529%
Net result €2.48M, the highest in the series.
31-12
Financial
Liquidity times 21current ratio 22.78
Current ratio from 1.06 to 22.78; short-term debt falls from €1.38M to €277k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €394k ▼34%
Net result drops to €394k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Estaimpuis · 1 establishment unit since 2007
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.
Rue de la Gongonne(N) 347730 EstaimpuisGround area
7,097 m²
Parcel 57058A0457/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SPIDBEL SPRL
since 20072.163.653.393
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57058A0457/00A000 | Wallonia | 7,097 m² | - | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
699400E5XQQZQR5LKN72
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 4,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.