SPINSOFT
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 04-06-2026 PDF all 41 filings
Every figure per financial year
The operating result for 2025 is a profit of €293, after a loss of €98 in 2024. It is the highest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| On a permanent contract | 0 |
Source: social balance sheet in the 2024 annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €347 | €347 | €37 | €34 | €24 | ▼ 29.4% |
| Gross operating margin9900 | €107 | €339 | -€519 | €320 | -€57 | -€64 | -€64 | €317 | - |
| Operating profit (loss)9901 | -€240 | -€8 | -€866 | -€27 | -€404 | -€101 | -€98 | €293 | - |
| Financial charges65/66B | - | - | - | €50 | €45 | €45 | €0 | - | - |
| Recurring financial charges65 | €34 | €43 | €49 | €50 | €45 | €45 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€274 | -€51 | -€915 | -€77 | -€449 | -€146 | -€98 | €293 | - |
| Profit (loss) for the period9904 | -€274 | -€51 | -€915 | -€77 | -€449 | -€146 | -€98 | €293 | - |
| Profit (loss) for the period to be appropriated9905 | -€274 | -€51 | -€915 | -€77 | -€449 | -€146 | -€98 | €293 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8,254 | €8,593 | €8,178 | €8,101 | €7,652 | €7,506 | €7,408 | €7,767 | ▲ 4.8% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €8,254 | €8,593 | €8,178 | €8,101 | €7,652 | €7,506 | €7,408 | €7,767 | ▲ 4.8% |
| Cash at bank and in hand54/58 | €99 | €459 | €263 | €757 | €308 | €162 | €64 | €422 | ▲ 559% |
| Deferred charges and accrued income490/1 | - | - | - | €7,344 | €7,344 | €7,344 | €7,344 | €7,345 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8,254 | €8,593 | €8,178 | €8,101 | €7,652 | €7,506 | €7,408 | €7,767 | ▲ 4.8% |
| Equity10/15 | €3,018 | €2,967 | €2,052 | €1,975 | €1,526 | €1,380 | €1,282 | €1,575 | ▲ 22.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - | - | - |
| Reserves13 | €8,098 | €8,098 | €8,098 | €8,098 | €8,098 | €8,098 | €8,098 | €8,098 | = |
| Non-distributable reserves130/1 | - | - | - | €769 | €769 | €769 | €769 | €769 | = |
| Legal reserve130 | - | - | - | €769 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €769 | €769 | €769 | €769 | = |
| Distributable reserves133 | - | - | - | €7,329 | €7,329 | €7,329 | €7,329 | €7,329 | = |
| Profit (loss) carried forward14 | -€23,680 | -€23,731 | -€24,646 | -€24,723 | -€25,172 | -€25,318 | -€25,416 | -€25,123 | ▲ 1.2% |
| Amounts payable17/49 | €5,236 | €5,626 | €6,126 | €6,126 | €6,126 | €6,126 | €6,126 | €6,192 | ▲ 1.1% |
| Amounts payable within one year42/48 | €5,236 | €5,626 | €6,126 | €6,126 | €6,126 | €6,126 | €6,126 | €6,192 | ▲ 1.1% |
| Taxes450/3 | - | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €6,126 | €6,126 | €6,126 | €6,126 | €6,192 | ▲ 1.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€274 | -€51 | -€915 | -€77 | -€449 | -€146 | -€98 | €293 | - |
| Operating cash flow (approximation) | -€274 | -€51 | -€915 | -€77 | -€449 | -€146 | -€98 | €293 | - |
| Change in cash | - | €360 | -€196 | €494 | -€449 | -€146 | -€98 | €358 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,984 companies had the same profile as SPINSOFT has now. Two years later, 96.5% were still going and 1.1% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SPINSOFT itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for SPINSOFT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00136740 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00129887 | |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00148401 | |
| 31-12-2022 | micro format | 18-06-2023 | 2023-00135552 | |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20250175 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-25700451 | |
| 31-12-2019 | micro format | 04-08-2020 | 2020-39100324 | |
| 31-12-2018 | micro format | 28-07-2019 | 2019-38900189 | |
| 31-12-2017 | micro format | 27-07-2018 | 2018-38300264 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-36700447 |