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SPIEGELPALEIS

Active
Private limited company (pre-2019)founded 2003active for 23 yearsIndustrieweg 13, 2390 Malle, BelgiumKBO/BCE: BE 0861.952.589
Summary

SPIEGELPALEIS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €746,756 and a net result of €66,239. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 54% of 1,140 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-06-2003 Normal situation
Activity
Renting and leasing of other machinery, equipment and tangible goods NACE 77399and 1 other
Joint committee
109 Clothing and garment industry · annual accounts 2025
Establishment unit
2.134.300.007 2390 Malle, since 23-06-2003
Financial year end
31 December
Peppol
Reachable since 02-01-2026

Board and ownership

Board
  • Klessens HenriDirector · since 23-06-2003
  • Van Gorp LilianeDirector · since 28-11-2005
  • Klessens ArianeDirector · since 10-05-2017
and 1 other

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€584,453
▼ 21.7%
Turnover
≈ €1.4m
estimated
Profit
€66,239
▼ 20.2%
Equity
€746,756
▲ 9.7%
Total assets
€1.9m
▼ 3.7%
Employees on 31-12-2025
5
▼ 16.7%
  • 2025 accounts filed 26 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.76, cash €68,427, halvedlowers riskFounded in 2003Equity €746,756 (39.9% of total assets)Size: 4.8 FTE, total assets €1.9mShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Average
Solvency 65+5
equity 39.9% of total assets
Liquidity 40-8
short-term debt 34.1% · cash 3.7%
Profitability 73-1
return on assets 3.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.7 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.2%▼ -0.5 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (0.79 in 2024), below 1. Short-term debt is 34.1% and cash 3.7% of total assets. 60.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 56% of them on solvency, 39% on liquidity, 59% on profitability and 62% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.76, cash €68,427, halved
NBB · annual accounts
lowers risk · Equity €746,756 (39.9% of total assets)
NBB · annual accounts
lowers risk · Size: 4.8 FTE, total assets €1.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €746,756
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
on the day
2023
2 days early
2022
11 days late
2021
2 days early
2020
1 day early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5th largest company by total assets in Malle, Administrative and support services…in the Checked rankings No. 5 View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as SPIEGELPALEIS: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €1.2m and €2.2m, founded between 1997 and 2006.

CompanyTotal assetsGross margin
SPIEGELPALEIS Malle€1.9m€0.6m
Bofort Antwerp€1.6m€0.7m
DREAM SUPPORT Wuustwezel€1.2m€0.6m
MARC MERTENS VERHUURBEDRIJF Rumst€1.2m€0.6m
BC TENT Lochristi€1.6m€0.6m
BUSINESS DISTRIBUTION SERVICE Waregem€2.2m€0.6m
VERHEMELDONCK Diest€1.3m€0.7m
Full comparison

Key facts about SPIEGELPALEIS

What is the company number of SPIEGELPALEIS?
The company number of SPIEGELPALEIS is 0861.952.589. The VAT number is the same number with BE in front: BE 0861.952.589.
Where is SPIEGELPALEIS based?
The registered office is at Industrieweg 13, 2390 Malle.Company details
What does SPIEGELPALEIS do?
According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
What is the legal form of SPIEGELPALEIS?
SPIEGELPALEIS is a private limited company (pre-2019) (BVBA).
When was SPIEGELPALEIS founded?
SPIEGELPALEIS was founded on 23-06-2003.
Is SPIEGELPALEIS still active?
Yes, SPIEGELPALEIS is an active enterprise in the KBO register.
How many employees does SPIEGELPALEIS have?
SPIEGELPALEIS had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SPIEGELPALEIS fall under?
In its 2025 annual accounts, SPIEGELPALEIS states joint committee 109 (Clothing and garment industry).
What is the turnover of SPIEGELPALEIS?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €584,453 and 2,281 comparable companies of the same size. It probably lies between €830,000 and €2.3m. It is a rough estimate.
Is SPIEGELPALEIS profitable?
In financial year 2025, SPIEGELPALEIS made a profit of €66,239.
Where can I find the annual accounts of SPIEGELPALEIS?
SPIEGELPALEIS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SPIEGELPALEIS due?
SPIEGELPALEIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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