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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for SPILLICO according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-497k) and a net result of €-86k.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events13-10-2025
Bankruptcy
Opening
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
Turnover€1.47M
EBIT margin-3.9%
Net result€-86k
Working capital€-524k-27.4%
Directors1
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 12-11-2024 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -200.5% | 20.4% | |
| Net result | €-86k | €4k | |
| Equity | €-497k | €16k | |
| Gross operating margin | €84k | €24k | |
| Staff costs | €120k | €33k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P5
Stable position over 2020-2024
· n=1239-6675
P5
Stable position over 2020-2024
· n=1234-6656
P5
Stable position over 2020-2024
· n=1240-6689
P78
Stable position over 2020-2024
· n=1230-6635
Describes the position versus peers, not a forecast.
€1.47M
-
19-24
€-44k
-
far below sector median
€-86k
-
far below sector median
€-72k
-
far below sector median
€248k
-11.4%
-84% vs sector
€-497k
-21.0%
far below sector median
€-524k
-27.4%
far below sector median
12
+51.3%
-15% vs sector
€120k
+12.3%
-79% vs sector
€162
-39.0%
-99% vs sector
€745k
+7.8%
-26% vs sector
€745k
+12.2%
-10% vs sector
€27k
0.0%
-47% vs sector
0.30
-22.1%
-83% vs sector
0.20
-23.8%
-83% vs sector
-200.5%
-36.6%
far below sector median
-1.50
+10.8%
far below sector median
17.3%
-
-30% vs sector
-34.7%
-
far below sector median
-5.9%
-
19-24
-3.0%
-
19-24
-1.45
-
far below sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | €1.47M |
| EBITDA | €-44k |
| Net profit | €-86k |
| Cash flow | €-72k |
| Staff costs | €120k |
| Income taxes | €162 |
| Dividends | - |
| Total assets | €248k |
| Equity | €-497k |
| Debt | €745k |
| of which ≤ 1y | €745k |
| of which > 1y | - |
| Working capital | €-524k |
| Employees (FTE) | 11.5 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.30 |
| Quick ratio | 0.20 |
| Working capital ratio | -211.5% |
| Solvency | -200.5% |
| Debt / equity | -1.50 |
| Long-term debt ratio | - |
| Interest coverage | -1.45 |
| Gross margin | 5.6% |
| Net margin | -5.9% |
| ROA | -34.7% |
| ROE | 17.3% |
| EBITDA margin | -3.0% |
| Days sales outstanding | 1d |
| Days payable outstanding | 192d |
| Inventory turnover | 19.51 |
| Days inventory (DSI) | 19d |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €248k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €17k |
| Current assets | 29/58 | €220k |
| Stocks & contracts in progress | 3 | €71k |
| Amounts receivable within one year | 40/41 | €73k |
| Cash & bank | 54/58 | €71k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €248k |
| Equity | 10/15 | €-497k |
| Contributions / capital | 10/11 | €60k |
| Accumulated profits (losses) | 14 | €-557k |
| Amounts payable | 17/49 | €745k |
| Amounts payable within one year | 42/48 | €745k |
| Trade debts payable within one year | 44 | €728k |
| Income statement | ||
| Turnover | 70 | €1.47M |
| Gross operating margin | 9900 | €84k |
| Operating result | 9901 | €-58k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €-86k |
| Income taxes | 67/77 | €162 |
| Net result for the period | 9904 | €-86k |
| Result to be appropriated | 9905 | €-86k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MARC DEWAEL A. DE COCKPLEIN 9, 1831 DIEGEM- |
07-10-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 15-10-2013 |
| Status | Active |
| Postal code | 1653 |
| First BS signal | 13-10-2025 |
| Latest BS signal | 13-10-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationExpress Dworp
since 20142.230.658.817
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area696 m²
Buildings1
Building footprint638 m²
Volume (LiDAR)3,737 m³
Tallest building20.7 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017C0014/00M003 | Flanders | 696 m² | 1 · 638 m² | 20.7 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette13-10-2025
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Analysis
Snowflake analysis
financial profile on 5 axes24
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
29
Solvency
33
Growth
58
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113
Primary activity highlighted.
Names & trade names
| Legal nameNL | SPILLICO |
Registered office
Alsembergsesteenweg 618
1653 Beersel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.