SPINN
ActiveSPINN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €388k and a net result of €131k. Equity is growing by ~60.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 17987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▼-3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 3.09 in 2024), but 52.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.4%
Return on assets
16.1%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
on the day
2021
4 d late
2020
59 d late
2019
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€388k▲ 48.8%
2024 · €261k
2019: €16k
2020: €39k
2021: €96k
2022: €100k
2023: €97k
2024: €261k
2019 → 2025
Total assets
€818k▲ 67.4%
2024 · €488k
2019: €270k
2020: €224k
2021: €351k
2022: €295k
2023: €190k
2024: €488k
2019 → 2025
Net result
€131k▼ 20.1%
2024 · €164k
2019: €9k
2020: €23k
2021: €57k
2022: €-9k
2023: €-2k
2024: €164k
2019 → 2025
Working capital
€230k▲ 59.9%
2024 · €144k
2019: €12k
2020: €37k
2021: €85k
2022: €92k
2023: €75k
2024: €144k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€100k▲ 3.9%€97k▼ 2.3%€261k▲ 167%€388k▲ 48.8%
Operating result€70k-€-5k€2k€205k▲ 9,976%€194k▼ 5.1%
Net result€57k-€-9k€-2k▲ 73.3%€164k€131k▼ 20.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818k
Fixed assets
€483k▲ 75.3%
Current assets
€335k▲ 57.2%
Equity and liabilities €818k
Equity
€388k▲ 48.8%
Debt
€430k▲ 88.7%
The debt ratio rises from 46.6% to 52.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€224k▲
2024 · €214k
Cash flow
€161k▼
2024 · €173k
Solvency
47.4%▼
2024 · 53.4%
Current ratio
3.20▲
2024 · 3.09
Quick ratio
3.20▲
2024 · 3.09
Debt / equity
1.11▲
2024 · 0.87
ROE
33.8%▼
2024 · 63.0%
ROA
16.1%▼
2024 · 33.6%
Interest coverage
6.95▼
2024 · 40.78
Debt
€430k▲
2024 · €228k
Debt ≤ 1 year
€105k▲
2024 · €69k
Debt > 1 year
€325k▲
2024 · €159k
Income taxes
€31k▼
2024 · €45k
Staff costs
€39
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€488k€818k▲
Fixed assets21/28€275k€483k▲
Tangible fixed assets22/27€270k€477k▲
Land and buildings22€245k€453k▲
Plant, machinery and equipment23€4k€6k▲
Furniture and vehicles24€15k€14k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€6k€6k=
Current assets29/58€213k€335k▲
Amounts receivable within one year40/41€93k€251k▲
Trade receivables40€47k€201k▲
Other amounts receivable41€46k€50k▲
Current investments50/53€9k€10k▲
Cash at bank and in hand54/58€109k€72k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€488k€818k▲
Equity10/15€261k€388k▲
Contributions10/11€19k€19k=
Reserves13€242k€369k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€240k€367k▲
Amounts payable17/49€228k€430k▲
Amounts payable after more than one year17€159k€325k▲
Financial debts170/4€159k€325k▲
Amounts payable within one year42/48€69k€105k▲
Current portion of amounts payable after more than one year42-€19k
Financial debts43-€50k
Other loans439-€50k
Trade debts44€12k-
Suppliers440/4€12k-
Taxes, remuneration and social security45€26k€3k▼
Taxes450/3€26k€1k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€31k€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€39
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€29k▲
Other operating charges640/8€348€409▲
Gross operating margin9900€214k€224k▲
Operating profit (loss)9901€205k€194k▼
Financial income75/76B€10k€169▼
Recurring financial income75€10k€169▼
Financial charges65/66B€5k€32k▲
Recurring financial charges65€5k€32k▲
Profit (loss) for the period before taxes9903€209k€162k▼
Income taxes67/77€45k€31k▼
Profit (loss) for the period9904€164k€131k▼
Profit (loss) for the period to be appropriated9905€164k€131k▼
Appropriation of the result
Profit (loss) to be appropriated9906€164k€131k▼
Transfer to equity691/2€163k€127k▼
To other reserves6921€163k€127k▼
Profit to be distributed694/7€1k€4k▲
Directors or managers695€1k€4k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €164k
Net result €164k after 2 loss-making years.
31-03
Financial
Equity above €200kEq €261k ▲167%
Equity rises from €97k to €261k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-9k ▼115%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dahlialaan 381850 GrimbergenGround area
263 m²
Building footprint
67 m²
Volume, LiDAR
408 m³
Parcel 23403F0080/00E004, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dahlialaan 38, 1850 Grimbergen
since 20172.261.932.706
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403F0080/00E004 | Flanders | 263 m² | 1 · 67 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IPE Group
BE 0833.876.633
Kortrijk · Eq €388k
CIEZKO
BE 0472.616.167
Genk · Eq €388k
ERIS CONNECT
BE 0827.924.692
Rotselaar · Eq €386k
MEDIAZONE
BE 0695.489.208
Ittre · Eq €385k
View-Media.be
BE 0732.927.149
Dendermonde · Eq €384k
Of 3,210 companies in sector 47400 we hold annual accounts for 1,795. 1,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2017
Fiscal year end31-03
Activities, NACEBEL
47400Retail sale of information and communication equipment
47430Retail trade
82990Other business support services
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.