SPIRLET Frères
ActiveSPIRLET Frères has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €364k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 93% of 6541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 5.03 against 5.93 in 2023; short-term debt: 16.6% and cash: 4.8% of total assets), and 16.6% 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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.4%
Return on assets
-1.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
79 d late
2022
60 d late
2021
17 d late
2020
88 d late
2019
143 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5k
2023 · €8k
2018: €-25k
2019: €29
2020: €10k
2021: €-26k
2022: €3k
2023: €8k
2018 → 2024
Working capital
€292k▼ 1.7%
2023 · €297k
2018: €300k
2019: €303k
2020: €313k
2021: €287k
2022: €290k
2023: €297k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€384k-€358k▼ 6.8%€361k▲ 0.8%€369k▲ 2.2%€364k▼ 1.4%
Operating result€10k-€-18k€3k€8k▲ 131%€-5k
Net result€10k-€-26k€3k€8k▲ 184%€-5k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €436k
Fixed assets
€72k=
Current assets
€365k▲ 2.0%
Equity and liabilities €436k
Equity
€364k▼ 1.4%
Debt
€72k▲ 20.1%
The debt ratio rises from 14.0% to 16.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
83.4%▼
2023 · 86.0%
Current ratio
5.03▼
2023 · 5.93
Quick ratio
3.41▼
2023 · 5.22
Debt / equity
0.20▲
2023 · 0.16
ROE
-1.4%▼
2023 · 2.1%
ROA
-1.2%▼
2023 · 1.8%
Debt
€72k▲
2023 · €60k
Debt ≤ 1 year
€72k▲
2023 · €60k
Staff costs
€176k▲
2023 · €164k
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€429k€436k▲
Fixed assets21/28€72k€72k=
Tangible fixed assets22/27€72k€72k=
Land and buildings22€72k€72k=
Financial fixed assets28€52€52=
Current assets29/58€358k€365k▲
Stocks and contracts in progress3€43k€118k▲
Stocks30/36€43k€118k▲
Amounts receivable within one year40/41€144k€226k▲
Trade receivables40€144k€216k▲
Other amounts receivable41-€10k
Cash at bank and in hand54/58€171k€21k▼
Equity and liabilities
Total equity and liabilities10/49€429k€436k▲
Equity10/15€369k€364k▼
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Reserves13€47k€47k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Tax-exempt reserves132€23k€23k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€291k€286k▼
Amounts payable17/49€60k€72k▲
Amounts payable within one year42/48€60k€72k▲
Trade debts44€32k€35k▲
Suppliers440/4€32k€35k▲
Taxes, remuneration and social security45€28k€31k▲
Taxes450/3€8k€8k▲
Remuneration and social security454/9€20k€23k▲
Other amounts payable47/48-€7k
Income statement
Code20232024
Remuneration, social security and pensions62€164k€176k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€1k
Other operating charges640/8€7k€3k▼
Gross operating margin9900€178k€176k▼
Operating profit (loss)9901€8k€-5k▼
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B-€36
Recurring financial charges65-€36
Profit (loss) for the period before taxes9903€8k€-5k▼
Profit (loss) for the period9904€8k€-5k▼
Profit (loss) for the period to be appropriated9905€8k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€291k€286k▼
Profit (loss) brought forward from the previous period14P€283k€291k▲
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 79 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
31-12
Financial
Weakest financial yearnet €-26k ▼368%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial
Highest result since 2018net €10k ▲33241%
Operating result €10k, net result €10k, both a record.
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-12
Financial
Back to profitnet €29
Net result €29 after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 78 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
28-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 150 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herve · 1 establishment unit since 1986
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.
Avenue Reine Astrid 154650 HerveGround area
1.5 ha
Building footprint
2,374 m²
Volume, LiDAR
39,572 m³
2 parcels, Wallonia · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Herve 29, 4651 Herve
since 19862.036.148.279
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0077/00X000 | Wallonia | 1.3 ha | 1 · 2,374 m² | 20.7 m · 6 fl. |
| 63006C0041/00D000 | Wallonia | 1,910 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
V.D.F. MOTORS
BE 0445.035.901
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MARCO MOTORS & ZN
BE 0824.681.825
Antwerpen · Eq €363k
SPEED 8 CLASSICS
BE 0525.853.034
Malle · Eq €363k
GARAGE CALLEMEYN
BE 0543.756.462
Silly · Eq €363k
STUKJES
BE 0719.277.863
Sint-Jans-Molenbeek · Eq €363k
Of 10,679 companies in sector 47811 we hold annual accounts for 5,225. 3,586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-11-1985
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.