Active BE 0540.850.521Private limited companyOpen bankruptcy

SPILLICO

Alsembergsesteenweg 618 ·1653 Beersel, Belgium· 12 yrs active

Sector: Non-specialised food retail (47110)

Conclusion Checked

A 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.

Key figures

Equity	€-497k
Net result	€-86k
Staff (FTE)	11.5
Better than sector	5%

Snowflake analysis 5 axes · computed by Checked

24 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 29

Solvency 33

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 12-11-2024 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

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%	better than 5% of 6675 sector peers
Net result	€-86k	€4k	better than 5% of 6656 sector peers
Equity	€-497k	€16k	better than 5% of 6689 sector peers
Gross operating margin	€84k	€24k	better than 78% of 6635 sector peers
Staff costs	€120k	€33k	higher than 87% of 3021 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€1.47M

- 19-24

EBITDA

€-44k

- 19-24

Net profit

€-86k

- 19-24

Cash flow

€-72k

- 19-24

Total assets

€248k

-11.4% 19-24

Equity

€-497k

-21.0% 19-24

Working capital

€-524k

-27.4% 19-24

Employees (FTE)

12

+51.3% 19-24

Staff costs

€120k

+12.3% 19-24

Income taxes

€162

-39.0% 19-24

Debt

€745k

+7.8% 19-24

Debt ≤ 1y

€745k

+12.2% 19-24

Debt > 1y

€27k

0.0% 19-24

Current ratio

0.30

-22.1% 19-24

Quick ratio

0.20

-23.8% 19-24

Solvency

-200.5%

-36.6% 19-24

Debt / equity

-1.50

+10.8% 19-24

ROE

17.3%

- 19-24

ROA

-34.7%

- 19-24

Net margin

-5.9%

- 19-24

EBITDA margin

-3.0%

- 19-24

Interest coverage

-1.45

- 19-24

Figures by fiscal year

Highlight YoY changes (±10%)

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

Assets

Fixed assets €27k · 11.1% Current assets €220k · 88.9%

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.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MARC DEWAEL A. DE COCKPLEIN 9, 1831 DIEGEM-	07-10-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Non-specialised food retail(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

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Express Dworp

Alsembergsesteenweg 618-620, 1653 BeerselDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)

since 20142.230.658.817

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels 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.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

13-10-2025

Bankruptcy Opening

Ondernemingsrechtbank Brussel · SPILLICO BV ALSEMBERGSE- STEENWEG 618, 1653 BEERSEL · event 07-10-2025

2024

12-11-2024