SPIN 111
ActiveSummary
SPIN 111 has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181,517 and a net result of €672. Its solvency ranks better than 95% of 1,829 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 14-11-2023 Normal situation
- Activity
- Renting and leasing of cars and light motor vehicles NACE 77110and 3 others
- Establishment unit
- 2.355.062.109 1348 Ottignies-Louvain-la-Neuve, since 01-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 25-01-2026
Board and ownership
- Pierre JOLYDirector · since 14-11-2023
- Stéphanie PIETTEDirector · since 14-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €14,787
- ▲ 12×
- Turnover
- ≈ €43,000
- estimated
- Profit
- €672
- Equity
- €181,517
- ▲ 0.4%
- Total assets
- €184,367
- ▲ 1.5%
Score breakdownraises riskFounded in 2023Size: total assets €184,367lowers riskLiquidity: current ratio 51.87, cash €32,498Equity €181,517 (98.5% of total assets)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 92% of them on solvency, 82% on liquidity, 49% on profitability and 43% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 52 days before 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)
Key points
- Positive: Higher solvency than 95% of companies in rental and leasingsector median 30.1% · 1,829 companies 98.5% View
Recent changes
- · Gazette deed IncorporationStarting capital €200,000 · Appointments: PIETTE Stéphanie Gilberte Raymonde (director) and JOLY Pierre Gilles Joseph (director)
Comparable companies
These companies have the same main activity as SPIN 111: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €112,000 and €244,000, founded between 2022 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| SPIN 111 Ottignies-Louvain-la-Neuve | €184,367 | €14,787 |
| Beaulides Elsene | €148,365 | €23,777 |
| LEGATRA Waregem | €163,755 | €26,314 |
| 4.A.M.N. Gembloux | €163,378 | €7,250 |
| STAPP.IN Hasselt | €244,294 | €27,775 |
| CAMPER FAMILY Waremme | €111,601 | €19,249 |
| Elvas Deinze | €147,386 | €23,852 |
Key facts about SPIN 111
- What is the company number of SPIN 111?
- The company number of SPIN 111 is 1002.244.778. The VAT number is the same number with BE in front: BE 1002.244.778.
- Where is SPIN 111 based?
- The registered office is at Place des Giroflées 6, 1348 Ottignies-Louvain-la-Neuve.Company details
- What does SPIN 111 do?
- According to the KBO register, the main activity is renting and leasing of cars and light motor vehicles (NACE 77110).
- What is the legal form of SPIN 111?
- The legal form of SPIN 111 is Private limited company (BV).
- When was SPIN 111 founded?
- SPIN 111 was founded on 14-11-2023.
- Is SPIN 111 still active?
- Yes, SPIN 111 is an active enterprise in the KBO register.
- What is the turnover of SPIN 111?
- The turnover in financial year 2025 is ≈ €43,000. This figure is estimated from the gross margin of €14,787 and 48 comparable companies (NACE 77). It probably lies between €31,000 and €88,000. It is a rough estimate.Financials
- Is SPIN 111 profitable?
- In financial year 2025, SPIN 111 made a profit of €672.
- Where can I find the annual accounts of SPIN 111?
- SPIN 111 filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPIN 111 due?
- SPIN 111 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.