SPINNOY
ActiveSPINNOY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €234k and a net result of €42k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 501 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+3
Solvency95▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 2.93 in 2023; short-term debt: 12.3% and cash: 27.3% of total assets), and 29.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-07-2025, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
12 d early
2023
12 d early
2022
4 d early
2021
3 d early
2020
31 d late
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€234k▲ 21.9%
2023 · €192k
2018: €120k
2019: €131k
2020: €128k
2021: €130k
2022: €158k
2023: €192k
2018 → 2024
Total assets
€334k▲ 5.0%
2023 · €318k
2018: €317k
2019: €418k
2020: €328k
2021: €306k
2022: €328k
2023: €318k
2018 → 2024
Net result
€42k▲ 21.8%
2023 · €35k
2018: €-18k
2019: €-211
2020: €-2k
2021: €2k
2022: €28k
2023: €35k
2018 → 2024
Working capital
€108k▲ 28.8%
2023 · €84k
2018: €70k
2019: €49k
2020: €53k
2021: €71k
2022: €76k
2023: €84k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€128k-€130k▲ 1.4%€158k▲ 21.2%€192k▲ 21.9%€234k▲ 21.9%
Operating result€-387-€4k€39k▲ 766%€52k▲ 34.6%€63k▲ 21.1%
Net result€-2k-€2k€28k▲ 1,409%€35k▲ 25.1%€42k▲ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €334k
Fixed assets
€184k▼ 3.0%
Current assets
€149k▲ 17.0%
Equity and liabilities €334k
Equity
€234k▲ 21.9%
Debt
€99k▼ 20.8%
The debt ratio falls from 39.5% to 29.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2023 · €101k
Cash flow
€96k▲
2023 · €83k
Solvency
70.2%▲
2023 · 60.5%
Current ratio
3.64▲
2023 · 2.93
Quick ratio
2.73▲
2023 · 2.16
Debt / equity
0.42▼
2023 · 0.65
ROE
18.0%▼
2023 · 18.0%
ROA
12.6%▲
2023 · 10.9%
Interest coverage
25.44▲
2023 · 25.18
Debt
€99k▼
2023 · €125k
Debt ≤ 1 year
€41k▼
2023 · €44k
Debt > 1 year
€58k▼
2023 · €82k
Income taxes
€20k▲
2023 · €16k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€318k€334k▲
Fixed assets21/28€190k€184k▼
Tangible fixed assets22/27€190k€184k▼
Plant, machinery and equipment23€115k€91k▼
Furniture and vehicles24€61k€82k▲
Assets under construction and advance payments27€14k€11k▼
Financial fixed assets28€208€208=
Current assets29/58€128k€149k▲
Stocks and contracts in progress3€33k€37k▲
Stocks30/36€33k€37k▲
Amounts receivable within one year40/41€61k€17k▼
Trade receivables40€61k€16k▼
Other amounts receivable41€4€398▲
Current investments50/53€598-
Cash at bank and in hand54/58€29k€91k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€318k€334k▲
Equity10/15€192k€234k▲
Contributions10/11€19k€19k=
Reserves13€174k€216k▲
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€2k€2k=
Other1319€5k€5k=
Distributable reserves133€167k€209k▲
Amounts payable17/49€125k€99k▼
Amounts payable after more than one year17€82k€58k▼
Financial debts170/4€82k€58k▼
Amounts payable within one year42/48€44k€41k▼
Current portion of amounts payable after more than one year42€32k€24k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€7k€11k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€54k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€18k
Other operating charges640/8€2k€18k▲
Non-recurring operating charges66A-€324
Gross operating margin9900€103k€154k▲
Operating profit (loss)9901€52k€63k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€51k€62k▲
Income taxes67/77€16k€20k▲
Profit (loss) for the period9904€35k€42k▲
Profit (loss) for the period to be appropriated9905€35k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€42k▲
Transfer to equity691/2€35k€42k▲
To other reserves6921€35k€42k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €42k ▲21.8%
Operating result €63k, net result €42k, both a record.
31-12
Financial
Equity above €200kEq €234k ▲21.9%
4 profitable years in a row build equity to €234k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €158k ▲21.2%
2 profitable years in a row build equity to €158k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Anderlecht · 1 establishment unit since 1989
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.
Frans Halsstraat 731070 AnderlechtGround area
149 m²
Building footprint
146 m²
Volume, LiDAR
897 m³
Parcel 21308H0640/00X000, Brussels · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPINNOY CV
since 19892.042.017.472
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0640/00X000 | Brussels | 149 m² | 1 · 146 m² | 10.2 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
Donkers Grafmonumenten
BE 0747.688.173
Zonhoven · Eq €234k
ROMACFA
BE 0748.636.003
Chastre · Eq €231k
ETABLISSEMENTS A. AGLAVE
BE 0416.576.002
Viroinval · Eq €238k
M. Van Eynde
BE 0404.672.815
Beveren-Kruibeke-Zwijndrecht · Eq €239k
MULTI STONE
BE 0432.443.222
Stekene · Eq €240k
Of 739 companies in sector 23700 we hold annual accounts for 491. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded16-12-1988
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.