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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 paragraphThe computed 12-month bankruptcy probability of SPIN is < 0.1% (very low). The 2025 annual accounts show equity of €241k and a net result of €39k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 178 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 6 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 01-06-2026 | 60 d early | 2026-00131080 |
| 31-12-2024 | 31-07-2025 | 09-05-2025 | 83 d early | 2025-00093585 |
| 31-12-2023 | 31-07-2024 | 22-04-2024 | 100 d early | 2024-00067271 |
| 31-12-2022 | 31-07-2023 | 24-04-2023 | 98 d early | 2023-00063936 |
| 31-12-2021 | 31-07-2022 | 31-03-2022 | 122 d early | 2022-09600243 |
| 31-12-2020 | 31-07-2021 | 31-05-2021 | 61 d early | 2021-16200542 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2008, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone< 0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form
−Lower-failure-rate sector
−Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€39k-23.2%
Working capital€324k+9.5%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~60% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 90 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.9% | 45.3% | |
| Net result | €39k | €9k | |
| Equity | €241k | €32k | |
| Gross operating margin | €230k | €20k | |
| Staff costs | €184k | €34k |
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).
P61
Weakening position over 2020-2025
· n=99-620
P83
Stable position over 2020-2025
· n=99-620
P93
Stable position over 2020-2025
· n=99-621
P95
Stable position over 2020-2025
· n=99-620
Describes the position versus peers, not a forecast.
€46k
-20.7%
20-25
€39k
-23.2%
20-25
€45k
-20.9%
20-25
€415k
+19.6%
20-25
€241k
+19.2%
20-25
€324k
+9.5%
20-25
2
+63.6%
20-25
€184k
+1.7%
20-25
€175k
+20.2%
20-25
€82k
+99.3%
20-25
4.94
-39.5%
20-25
4.94
-39.5%
20-25
57.9%
-0.4%
20-25
0.73
+0.9%
20-25
16.1%
-35.6%
20-25
9.3%
-35.8%
20-25
51.18
-35.8%
20-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €46k |
| Net profit | €39k |
| Cash flow | €45k |
| Staff costs | €184k |
| Income taxes | - |
| Dividends | - |
| Total assets | €415k |
| Equity | €241k |
| Debt | €175k |
| of which ≤ 1y | €82k |
| of which > 1y | - |
| Working capital | €324k |
| Employees (FTE) | 1.8 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 4.94 |
| Quick ratio | 4.94 |
| Working capital ratio | 78.1% |
| Solvency | 57.9% |
| Debt / equity | 0.73 |
| Long-term debt ratio | - |
| Interest coverage | 51.18 |
| Gross margin | - |
| Net margin | - |
| ROA | 9.3% |
| ROE | 16.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €415k |
| Fixed assets | 21/28 | €9k |
| Tangible fixed assets | 22/27 | €8k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €406k |
| Amounts receivable within one year | 40/41 | €107k |
| Cash & bank | 54/58 | €299k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €415k |
| Equity | 10/15 | €241k |
| Reserves | 13 | €24k |
| Accumulated profits (losses) | 14 | €217k |
| Amounts payable | 17/49 | €175k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €50k |
| Income statement | ||
| Gross operating margin | 9900 | €230k |
| Operating result | 9901 | €39k |
| Financial income | 75 | €227 |
| Financial charges | 65 | €898 |
| Result before taxes | 9903 | €39k |
| Net result for the period | 9904 | €39k |
| Result to be appropriated | 9905 | €39k |
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 2025 · computed93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
34 directorsCurrent directors & mandates
-
Current10-03-2025 → present
-
Current10-03-2025 → present
-
Current25-11-2024 → present
-
Current17-10-2023 → present
-
Current17-10-2023 → present
-
Current17-10-2023 → present
-
Current17-10-2023 → present
-
Current17-10-2023 → present
-
Current17-10-2023 → present
-
Current01-01-2023 → present
Historic, not recently confirmed (6)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2019
2 events
- 22-08-2019 Mandate renewed· Director
- 29-05-2017 Appointed· Director
-
Not recently confirmedlast confirmed in an act from 2019
-
Not recently confirmedlast confirmed in an act from 2019
-
Not recently confirmedlast confirmed in an act from 2019
-
Not recently confirmedlast confirmed in an act from 2019
-
Not recently confirmedlast confirmed in an act from 2017
Former directors (18)
-
Former29-05-2017 → 28-04-2025
2 events
- 28-04-2025 Resigned· Director
- 29-05-2017 Appointed· Director
-
Former25-11-2024 → 28-04-2025
2 events
- 28-04-2025 Resigned· Director
- 25-11-2024 Appointed· Director
-
Former- → 10-03-2025
-
Former- → 10-03-2025
-
Former- → 17-10-2023
-
Former22-08-2019 → 17-10-2023
2 events
- 17-10-2023 Resigned· Director
- 22-08-2019 Appointed· Director
-
Former- → 17-10-2023
-
Former29-05-2017 → 17-10-2023
5 events
- 17-10-2023 Resigned· Director
- 01-01-2023 Resigned· Director
- 22-08-2019 Appointed· Director
- 22-08-2019 Mandate renewed· Daily management
- 29-05-2017 Appointed· Director
-
Former- → 22-08-2019
-
Former- → 22-08-2019
-
Former29-05-2017 → 22-08-2019
2 events
- 22-08-2019 Resigned· Director
- 29-05-2017 Appointed· Director
-
Former- → 22-08-2019
-
Former29-05-2017 → 28-11-2018
2 events
- 28-11-2018 Resigned· Director
- 29-05-2017 Appointed· Director
-
Former- → 29-05-2017
+ 4 not shown in this overview
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Beoefening van uitvoerende kunsten door artistieke ensembles(90202) |
| Legal form | Non-profit association(017) |
| Incorporation | 09-09-2008 |
| Status | Active |
| Postal code | 1190 |
Structure & network
Connections & network
2 connected companiesLinked via shared directors
viaJANSSENS Joris · Director
→
viaJANSSENS Joris · Director
former→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationSPIN
since 20142.242.049.486
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area556 m²
Buildings1
Building footprint155 m²
Volume (LiDAR)2,577 m³
Tallest building21.9 m · ±6 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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0024/00B008 | Brussels | 556 m² | 1 · 155 m² | 21.9 m · 6 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
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
12 acts Address history · 4
24-12-2021
v3.2
07-07-2020
v3.2
04-09-2018
v3.2
27-12-2013
v3.2
All acts · 12
updated 8 months ago
2025
21-11-2025 2 directors appointed, 2 resigning
- Emilie Legrand, Bestuurder
- Johanna Couvé, Bestuurder
- Sarah.Parolin, Bestuurder
- Benny Vandendriesche, Bestuurder
Summary:
v3.2
28-04-2025 2 resigning
2024
25-11-2024 2 directors appointed
2023
08-11-2023 4 directors appointed, 4 resigning, 2 reappointed
- Anna Rispoll, Bestuurder
- Mamie Slater, Bestuurder
- Elle Agnlei, Bestuurder
- Joris Janssens, Bestuurder
- Catharine Reist-van Gelder, Bestuurder
- Agnès Quackels, Bestuurder
- Hanne Doms, Bestuurder
- Laura Deschepper, Bestuurder
Summary:
v3.2
11-01-2023 1 director appointed, 1 resigning
2021
24-12-2021 Registered office moved from Sk-Jass-Halabeok to Vorst
- Ronsfertstroat 25, 1080 Sk-Jass-Halabeok → Koningslaan 95, 1190 Vorst
Summary:
v3.2
2020
07-07-2020 Registered office moved within Sint-Jans-Molenbeek
- Rue Ransfort 25, 1080 Sint-Jans-Molenbeek → Rue Ransfort 25, 1080 Sint-Jans-Molenbeek
Summary:
v3.2
2019
22-08-2019 2 directors appointed, 4 resigning, 6 reappointed
- Catharine Reist-van Gelder, Bestuurder
- Laura Deschepper, Bestuurder
- Mathilde Maillard, Bestuurder
- Michel Quéré, Bestuurder
- David Elchardus, Bestuurder
- Agnès Quackles, Dagelijks bestuur
- Bieke Els H Vancraeynest, Bestuurder
- Benny Marcel Paul Vandendriessche, Bestuurder
Summary:
v3.2
2018
28-11-2018 Dries Douibi resigns as director
04-09-2018 Registered office moved from Sint-Jans-Molenbeek to Brussel
- Finstraat 15, 1080 Sint-Jans-Molenbeek → Vlaamse Steenweg 121, 1000 Brussel
Summary:
v3.2
2017
29-05-2017 5 directors appointed, 5 resigning, 1 reappointed
- Mathilde Maillard, Bestuurder
- Bieke Vancraeynest, Bestuurder
- Benny Marcel Paul Vandendriessche, Bestuurder
- Dries Douibi, Bestuurder
- Laura Deschepper, Bestuurder
- Leen Laconte, Bestuurder
- Els Silvrants-Barclay, Bestuurder
- Matthieu Goeury, Bestuurder
Summary:
v3.2
2013
27-12-2013 Registered office moved from Anderlecht to Brussel
- Lambert Crickxstraat 16, 1070 Anderlecht → Finstraat 15, 1080 Brussel
Summary:
v3.2
Analysis
Snowflake analysis
financial profile on 5 axes85
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
81
Solvency
98
Growth
52
Stability
100
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We hold annual accounts for 64 of the 2,262 companies in this sector. 36 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Beoefening van uitvoerende kunsten door artistieke ensembles90012Promotie en organisatie van uitvoerende kunstevenementen90021Beoefening van uitvoerende kunsten door artistieke ensembles90202Promotie en organisatie van scheppende en uitvoerende kunstevenementen90391
Primary activity highlighted.
Names & trade names
| Legal nameNL | SPIN |
Registered office
Koningslaan 95/01 bus +2
1190 Vorst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.