Spiromatic
ActiveSummary
Spiromatic has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.2m and a net result of €1.1m. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 33% of 384 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28250Manufacture of metal structures and parts of structures NACE 25110
5th largest employer in Nazareth-De Pinte, Manufacturing sector1 site
Size
€48.6mturnover 2025
- Staff
- 102.1 FTE
- Equity
- €6.2m
- Profit
- €1.1m
Structure
- Largest shareholder
- DHOAN · 33.12%
- Board
- 6 members
- Holdings
- 2
Auditor: Figurad Bedrijfsrevisoren bv2025 accounts 24 days early6 of 19 deeds summarised
Why 94raises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1986Profit of €1.1m (financial year 2025)Size: turnover €48.6m, 102.1 FTE, total assets €20.9mShow the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 28, medium-sized)
Financial strength · tick = 2024
Average
Solvency
55+6
equity 29.7% of total assets
Liquidity
31+6
short-term debt 63.2% · cash 11.6%
Profitability
63+1
return on assets 5.2%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.41, compared with 1.28 in 2024, below the usual 1.5; short-term debt: 63.2% and cash: 11.6% of total assets), and 70.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 28, medium-sized): better than 43% on solvency, 35% on liquidity, 56% on profitability and 90% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €6.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
28 days early
2023
35 days early
2022
21 days early
2021
17 days early
2020
15 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Peter Ramaut BV (director)Permanent representatives: Peter Ramaut and…
- Resignation: Fortify BV (director)Reappointments: Geran NV (director) and…
Financials · financial year 2025, full format
In the rankings
#5 employer in Nazareth-De Pinte, Manufacturing sector#7 company by staff growth in Nazareth-De Pinte, Manufacturing sector#8 company by total assets in Nazareth-De Pinte, Manufacturing sector
Turnover
€48.6m▲ 95.2%
2024 · €24.9m
EBIT margin
3.2%▲ 0.5pp
2024 · 2.7%
Net result
€1.1m▲ 111%
2024 · €513,396
Working capital
€5.5m▲ 30.3%
2024 · €4.2m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 129% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€48.6m
2025
Operating result€1.6m
2025
Net result€1.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€20.9m
2025
Equity€6.2m
2025
Debt€14.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€5.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin3.2%
2025
Return on assets (ROA)5.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency29.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.41
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)102.1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€24.6m-€28.1m▲ 14.2%€20.3m▼ 27.8%€24.1m▲ 18.8%€35.9m▲ 49.4%€28.0m▼ 22.2%€24.9m▼ 11.0%€48.6m▲ 95.2%
Operating result€1.1m-€1.5m▲ 38.9%€1.2m▼ 19.8%€1.5m▲ 25.1%-€0.6m€0.05m€0.7m▲ 13×€1.6m▲ 129%
Net result€0.7m-€1.0m▲ 35.9%€0.8mabove the sector's middle half▼ 15.9%€1.1mabove the sector's middle half▲ 33.3%-€0.7mbelow the sector's middle half-€0.5mbelow the sector's middle half▲ 29.7%€0.5mwithin the sector's middle half€1.1mabove the sector's middle half▲ 111%
EBIT margin4.3%-5.3%▲ 0.9pp5.9%▲ 0.6pp6.2%▲ 0.3pp-1.8%▼ 7.9pp0.2%▲ 1.9pp2.7%▲ 2.5pp3.2%▲ 0.5pp
Equity€4.6m-€5.3m▲ 16.0%€5.9mabove the sector's middle half▲ 10.8%€6.8mabove the sector's middle half▲ 14.4%€6.1mwithin the sector's middle half▼ 9.7%€4.9mwithin the sector's middle half▼ 19.5%€5.2mwithin the sector's middle half▲ 5.6%€6.2mwithin the sector's middle half▲ 19.4%
Total assets€16.1m-€15.0m▼ 6.7%€15.6mabove the sector's middle half▲ 3.5%€20.1mabove the sector's middle half▲ 29.3%€16.7mwithin the sector's middle half▼ 16.9%€18.5mwithin the sector's middle half▲ 10.5%€21.4mabove the sector's middle half▲ 16.0%€20.9mabove the sector's middle half▼ 2.6%
Debt€11.4m-€9.6m▼ 15.5%€9.6m▲ 0.3%€13.4m▲ 38.5%€10.6m▼ 20.6%€13.5m▲ 27.7%€16.2m▲ 19.7%€14.5m▼ 10.6%
Working capital€3.4m-€3.3m▼ 0.6%€3.9mabove the sector's middle half▲ 16.9%€4.9mabove the sector's middle half▲ 25.0%€4.6mabove the sector's middle half▼ 4.9%€3.9mwithin the sector's middle half▼ 16.2%€4.2mwithin the sector's middle half▲ 7.6%€5.5mabove the sector's middle half▲ 30.3%
Solvency28.6%-35.5%▲ 6.9pp38.0%within the sector's middle half▲ 2.5pp33.6%within the sector's middle half▼ 4.4pp36.6%within the sector's middle half▲ 2.9pp26.7%within the sector's middle half▼ 9.9pp24.3%within the sector's middle half▼ 2.4pp29.7%within the sector's middle half▲ 5.5pp
Current ratio1.31-1.36▲ 0.051.43within the sector's middle half▲ 0.071.38within the sector's middle half▼ 0.041.50within the sector's middle half▲ 0.121.31within the sector's middle half▼ 0.191.28within the sector's middle half▼ 0.041.41within the sector's middle half▲ 0.14
Return on assets (ROA)4.5%-6.5%▲ 2.0pp5.3%within the sector's middle half▼ 1.2pp5.5%within the sector's middle half▲ 0.2pp-3.9%below the sector's middle half▼ 9.4pp-2.5%below the sector's middle half▲ 1.4pp2.4%within the sector's middle half▲ 4.9pp5.2%within the sector's middle half▲ 2.8pp
Staff (FTE)87.1-88.7▲ 1.8%88above the sector's middle half▼ 0.8%85.8above the sector's middle half▼ 2.5%89.4above the sector's middle half▲ 4.2%85.2above the sector's middle half▼ 4.7%92.1above the sector's middle half▲ 8.1%102.1above the sector's middle half▲ 10.9%
above
within
below
the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.8m
Fixed assets
€2.2m ▲ 3.8%
Current assets
€18.6m ▼ 3.3%
Equity and liabilities €20.9m
Equity
€6.2m ▲ 19.4%
Provisions
€158,997
Debt
€14.5m ▼ 10.6%
Debt's share of the balance-sheet total falls from 75.7% to 69.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.3m▲
2024 · €1.4m
Cash flow
€1.8m▲
2024 · €1.3m
Quick ratio
0.77▲
2024 · 0.70
Debt to equity
2.34▼
2024 · 3.12
ROE
17.5%▲
2024 · 9.9%
Interest coverage
27.40▲
2024 · 15.42
Debt ≤ 1 year
€13.2m▼
2024 · €15.1m
Debt > 1 year
€549,702▼
2024 · €785,138
Income taxes
€454,459▲
2024 · €148,702
Staff costs
€9.0m▲
2024 · €8.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97.4% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
2.4%
stopped otherwise
97.4%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 378 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €35.2m | €31.8m | €28.8m | €43.7m | €46.4m | ▲ 6.2% |
| Turnover70 | €24.6m | €28.1m | €20.3m | €24.1m | €35.9m | €28.0m | €24.9m | €48.6m | ▲ 95.2% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €10.4m | -€5.2m | -€0.5m | €17.8m | -€3.4m | - |
| Own construction capitalised72 | - | - | - | €0 | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 21.0% |
| Other operating income74 | - | - | - | €0.7m | €0.7m | €0.9m | €0.9m | €1.0m | ▲ 14.7% |
| Non-recurring operating income76A | - | - | - | €0.006m | €0.004m | €0.03m | €0.001m | €0.001m | ▼ 0.5% |
| Operating charges60/66A | - | - | - | €33.7m | €32.5m | €28.7m | €43.1m | €44.9m | ▲ 4.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | €21.9m | €19.2m | €15.6m | €26.5m | €26.5m | ▲ 0.2% |
| Purchases600/8 | - | - | - | €23.1m | €18.4m | €15.8m | €27.8m | €26.7m | ▼ 3.9% |
| Change in stocks: decrease (increase)609 | - | - | - | -€1.2m | €0.8m | -€0.2m | -€1.4m | -€0.2m | ▲ 82.5% |
| Services and other goods61 | - | - | - | €4.8m | €5.6m | €5.5m | €7.7m | €8.4m | ▲ 8.9% |
| Remuneration, social security and pensions62 | - | - | - | €6.3m | €6.9m | €6.8m | €8.1m | €9.0m | ▲ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.5m | €0.5m | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €0.8m | ▼ 0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.02m | €0.05m | -€0.009m | -€0.02m | -€305 | ▲ 98.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.007m | €0 | - | - | €0.06m | - |
| Other operating charges640/8 | - | - | - | €0.09m | €0.06m | €0.1m | €0.06m | €0.03m | ▼ 51.9% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | - | -€0.03m | €0 | - | - |
| Non-recurring operating charges66A | - | - | - | €0.01m | €0 | €0.1m | €0 | €0.1m | - |
| Operating profit (loss)9901 | €1.1m | €1.5m | €1.2m | €1.5m | -€0.6m | €0.05m | €0.7m | €1.6m | ▲ 129% |
| Financial income75/76B | - | - | - | €0.02m | €0.02m | €0.07m | €0.1m | €0.4m | ▲ 177% |
| Recurring financial income75 | €0.03m | €0.01m | €0.009m | €0.02m | €0.02m | €0.07m | €0.1m | €0.4m | ▲ 177% |
| Income from current assets751 | - | - | - | €0.006m | €0.009m | €0.06m | €0.08m | €0.04m | ▼ 45.1% |
| Other financial income752/9 | - | - | - | €0.02m | €0.009m | €0.002m | €0.06m | €0.3m | ▲ 492% |
| Non-recurring financial income76B | - | - | - | €0.001m | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.04m | €0.04m | €0.6m | €0.2m | €0.4m | ▲ 158% |
| Recurring financial charges65 | €0.02m | €0.04m | €0.03m | €0.04m | €0.04m | €0.4m | €0.2m | €0.4m | ▲ 158% |
| Debt charges650 | €0.01m | €0.009m | €0.02m | €0.02m | €0.03m | €0.07m | €0.09m | €0.08m | ▼ 9.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | - | €0.4m | €0 | - | - |
| Other financial charges652/9 | - | - | - | €0.02m | €0.01m | €0.01m | €0.06m | €0.3m | ▲ 420% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.1m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €1.5m | €1.2m | €1.5m | -€0.7m | -€0.4m | €0.7m | €1.5m | ▲ 132% |
| Income taxes67/77 | €0.4m | €0.5m | €0.3m | €0.4m | €0.003m | €0.01m | €0.1m | €0.5m | ▲ 206% |
| Taxes670/3 | - | - | - | €0.4m | €0.003m | €0.01m | €0.1m | €0.5m | ▲ 206% |
| Profit (loss) for the period9904 | €0.7m | €1.0m | €0.8m | €1.1m | -€0.7m | -€0.5m | €0.5m | €1.1m | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €0.7m | €1.0m | €0.8m | €1.1m | -€0.7m | -€0.5m | €0.5m | €1.1m | ▲ 111% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €16.1m | €15.0m | €15.6m | €20.1m | €16.7m | €18.5m | €21.4m | €20.9m | ▼ 2.6% |
| Formation expenses20 | - | - | - | - | - | €0.03m | €0.02m | €0.02m | ▼ 25.5% |
| Fixed assets21/28 | €1.7m | €2.4m | €2.5m | €2.6m | €2.8m | €2.1m | €2.1m | €2.2m | ▲ 3.8% |
| Intangible fixed assets21 | - | €0.05m | €0.03m | €0.01m | €0.4m | €0.5m | €0.4m | €0.4m | ▲ 3.5% |
| Tangible fixed assets22/27 | €1.7m | €2.3m | €2.5m | €2.5m | €2.4m | €1.7m | €1.7m | €1.8m | ▲ 3.9% |
| Land and buildings22 | - | - | - | €1.4m | €1.4m | €0.7m | €0.8m | €0.8m | ▲ 1.4% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 71.6% |
| Furniture and vehicles24 | - | - | - | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 11.8% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | ▲ 20.5% |
| Financial fixed assets28 | €184 | €184 | €0.04m | €0.04m | €0.04m | €0.001m | €0.006m | €0.006m | ▲ 5.3% |
| Affiliated companies280/1 | - | - | - | - | - | - | €0.005m | €0.005m | = |
| Participating interests280 | - | - | - | - | - | - | €0.005m | €0.005m | = |
| Companies linked by participating interests282/3 | - | - | - | €0.04m | €0.04m | €0 | - | - | - |
| Participating interests282 | - | - | - | €0.04m | €0.04m | €0 | - | - | - |
| Other financial fixed assets284/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 40.9% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 40.9% |
| Current assets29/58 | €14.4m | €12.7m | €13.0m | €17.6m | €13.9m | €16.3m | €19.3m | €18.6m | ▼ 3.3% |
| Amounts receivable after more than one year29 | - | - | - | €0.5m | €0.4m | €0.4m | €0.3m | €0.4m | ▲ 19.1% |
| Other amounts receivable291 | - | - | - | €0.5m | €0.4m | €0.4m | €0.3m | €0.4m | ▲ 19.1% |
| Stocks and contracts in progress3 | €3.8m | €3.6m | €5.0m | €9.3m | €5.9m | €6.3m | €8.7m | €8.4m | ▼ 2.9% |
| Stocks30/36 | - | - | - | €6.3m | €5.5m | €5.7m | €7.1m | €7.3m | ▲ 3.4% |
| Raw materials and consumables30/31 | - | - | - | €6.3m | €5.5m | €5.7m | €7.1m | €7.3m | ▲ 3.4% |
| Contracts in progress37 | - | - | - | €3.0m | €0.5m | €0.6m | €1.6m | €1.1m | ▼ 30.8% |
| Amounts receivable within one year40/41 | €7.0m | €5.5m | €4.2m | €5.6m | €5.6m | €6.9m | €6.4m | €6.2m | ▼ 3.6% |
| Trade receivables40 | - | - | - | €4.8m | €4.9m | €6.1m | €5.6m | €5.6m | ▼ 0.1% |
| Other amounts receivable41 | - | - | - | €0.8m | €0.7m | €0.8m | €0.8m | €0.6m | ▼ 28.0% |
| Current investments50/53 | - | - | - | - | - | - | €1.0m | €0.5m | ▼ 48.7% |
| Other investments51/53 | - | - | - | - | - | - | €1.0m | €0.5m | ▼ 48.7% |
| Cash at bank and in hand54/58 | €3.0m | €2.9m | €2.3m | €1.8m | €1.4m | €2.1m | €2.2m | €2.4m | ▲ 12.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.5m | €0.6m | €0.6m | €0.7m | €0.7m | ▲ 1.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €16.1m | €15.0m | €15.6m | €20.1m | €16.7m | €18.5m | €21.4m | €20.9m | ▼ 2.6% |
| Equity10/15 | €4.6m | €5.3m | €5.9m | €6.8m | €6.1m | €4.9m | €5.2m | €6.2m | ▲ 19.4% |
| Contributions10/11 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €3.7m | €4.4m | €5.0m | €5.9m | €5.3m | €4.2m | €4.5m | €5.5m | ▲ 22.7% |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.08m | €0.07m | €0.07m | €0.07m | = |
| Legal reserve130 | - | - | - | €0.08m | €0.08m | €0.07m | €0.07m | €0.07m | = |
| Tax-exempt reserves132 | - | - | - | €0.04m | €0.04m | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €5.8m | €5.1m | €4.1m | €4.3m | €5.4m | ▲ 23.2% |
| Profit (loss) carried forward14 | €0.06m | €0.06m | €0.06m | €0 | - | - | - | - | - |
| Provisions and deferred taxes16 | €0.1m | €0.09m | €0.007m | €0 | - | - | - | €0.2m | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0 | - | - | - | €0.2m | - |
| Pensions and similar obligations160 | - | - | - | €0 | - | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | - | €0.2m | - |
| Amounts payable17/49 | €11.4m | €9.6m | €9.6m | €13.4m | €10.6m | €13.5m | €16.2m | €14.5m | ▼ 10.6% |
| Amounts payable after more than one year17 | €0.2m | €0.04m | €0.3m | €0.1m | €1.0m | €0.9m | €0.8m | €0.5m | ▼ 30.0% |
| Financial debts170/4 | - | - | - | €0.1m | €1.0m | €0.9m | €0.8m | €0.5m | ▼ 30.0% |
| Credit institutions173 | - | - | - | €0.1m | €1.0m | €0.9m | €0.8m | €0.5m | ▼ 30.0% |
| Amounts payable within one year42/48 | €11.0m | €9.3m | €9.1m | €12.7m | €9.3m | €12.4m | €15.1m | €13.2m | ▼ 12.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.5m | €0.4m | €0.6m | €1.1m | ▲ 77.7% |
| Financial debts43 | - | - | - | - | €0.5m | €0 | - | €0.04m | - |
| Credit institutions430/8 | - | - | - | - | €0.5m | €0 | - | €0.04m | - |
| Trade debts44 | €3.6m | €3.6m | €3.7m | €5.7m | €3.0m | €5.9m | €3.1m | €3.3m | ▲ 7.4% |
| Suppliers440/4 | - | - | - | €5.7m | €3.0m | €5.9m | €3.1m | €3.3m | ▲ 7.4% |
| Advances received on contracts in progress46 | - | - | - | €5.3m | €4.2m | €4.9m | €9.9m | €6.9m | ▼ 29.8% |
| Taxes, remuneration and social security45 | - | - | - | €1.1m | €1.1m | €1.1m | €1.4m | €1.7m | ▲ 19.9% |
| Taxes450/3 | - | - | - | €0.3m | €0.2m | €0.2m | €0.3m | €0.5m | ▲ 43.5% |
| Remuneration and social security454/9 | - | - | - | €0.8m | €0.9m | €0.9m | €1.1m | €1.2m | ▲ 13.0% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.03m | €0.02m | €0.09m | €0.1m | ▲ 11.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.5m | €0.3m | €0.3m | €0.4m | €0.8m | ▲ 115% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.7m | €1.0m | €0.8m | €1.1m | -€0.7m | -€0.5m | €0.5m | €1.1m | ▲ 111% |
| + Depreciation and write-downs630 | €0.5m | €0.5m | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €0.8m | ▼ 0.5% |
| Operating cash flow (approximation) | €1.2m | €1.5m | €1.5m | €1.7m | €0.008m | €0.2m | €1.3m | €1.8m | ▲ 44.7% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€0.8m | -€0.7m | -€0.9m | €0.006m | -€0.8m | -€0.8m | ▼ 10.6% |
| Change in cash | - | -€0.1m | -€0.6m | -€0.5m | -€0.4m | €0.8m | €0.03m | €0.3m | ▲ 809% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00275647 |
| 31-12-2024 | full format | 03-07-2025 | 2025-00231253 |
| 31-12-2023 | full format | 26-06-2024 | 2024-00181335 |
| 31-12-2022 | full format | 10-07-2023 | 2023-00224126 |
| 31-12-2021 | full format | 14-07-2022 | 2022-20192335 |
| 31-12-2020 | full format | 16-07-2021 | 2021-36300129 |
| 31-12-2019 | full format | 06-07-2020 | 2020-27300029 |
| 31-12-2018 | full format | 10-07-2019 | 2019-31400563 |
| 31-12-2017 | full format | 05-07-2018 | 2018-29600425 |
| 31-12-2016 | full format | 04-07-2017 | 2017-27200274 |
Similar companies · same sector, comparable size
DECAM KOELTECHNIEK
BE 0888.316.595
Ardooie · equity €5,711,239
Flowserve SIHI ( Belgium )
BE 0402.931.664
Dilbeek · equity €5,602,515
ITE
BE 0428.864.021
Sint-Niklaas · equity €7,300,998
BTN
BE 0424.672.928
Dison · equity €7,325,004
DSI Dantech
BE 0435.266.417
Kortrijk · equity €4,450,401
Of the 455 active companies whose main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28250), figures are known for 291. 98 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 14 entries · €413,794 awarded · €248,526 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 5 | €24,925 | €126,142 |
| 2024 | 4 | €279,051 | €11,595 |
| 2023 | 3 | €100,207 | €101,178 |
| 2022 | 2 | €9,611 | €9,611 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
6 directors, last change in 2026
Board 6
Dideco NV
CurrentDirector · since 31-10-2023 · Legal entity · permanent representative: Dhont Dirk
Geran NV
CurrentDirector · since 31-10-2023 · Legal entity · permanent representative: Dhont Ann
MADHOVER
CurrentDirector (not named in the articles) · since 31-10-2023 · Public limited company · permanent representative: DHONT Koen
CAPTEN
CurrentDirector · since 10-02-2026 · Public limited company · permanent representative: Jozef Buekens
Peter Ramaut
CurrentDirector · since 10-02-2026
Peter Ramuat BV
CurrentDirector · since 28-11-2022 · Legal entity · from a recent deed
Permanent representatives 4
Dhont Ann
CurrentPermanent representative · since 31-10-2023 · for Geran NV
Dhont Dirk
CurrentPermanent representative · since 31-10-2023 · for Dideco NV
DHONT Koen
CurrentPermanent representative · since 31-10-2023 · for MADHOVER
Jozef Buekens
CurrentPermanent representative · since 10-02-2026 · for CAPTEN
Statutory auditor 1
Figurad Bedrijfsrevisoren bv
CurrentStatutory auditor · since 17-12-2024 · permanent representative: Ann De Causmaecker
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
13 of this company's 19 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
9 people since 2022, 7 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Peter Ramuat BVfrom an act |
|
| Dideco NV |
|
| Geran NV |
|
| MADHOVER |
|
| CAPTEN |
|
| Peter Ramaut |
|
| Figurad Bedrijfsrevisoren bv |
|
| PETER RAMAUT BV |
|
| Fortify BV |
|
Owners and capital
Owners
3 ownersOwners 3
-
33.12%
-
33.12%
-
33.12%
According to the 2025 annual accounts of Spiromatic and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 31-10-2023 ↗
- Kodho BV 3,533 shares · 33.1%
- Diaan BV 3,534 shares · 33.1%
- Dhoan BV 3,533 shares · 33.1%
- Adelin Dhont 70 shares · 0.7%
- INKONOX (BE 0464.041.268) €31,135.31
Stated in the act
act of 20-06-2023 ↗
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 31-10-2023 Incorporation · €742,247.08 · 10,670 shares
- 20-06-2023 Capital stated in the deed · €842,837.98 · 10,670 shares
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- Spiromatic North AmericaUSsubsidiaryEquity USD 587,192Result USD 56,232100%
- ScudoITEquity €136,069Result €25,46940%
According to the 2025 annual accounts of Spiromatic and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
10 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Andiko-Invest
Shared corporate director
→
conTeyor Holding
Shared corporate director
→
dnergy
Shared corporate director
→
ESCO FINANCIAL AND ENGINEERING COMPANY
Shared corporate director
→
Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
Acquisitions and mergers
2 transactionsSplit off to:Andiko-invest
Split off to:Spiromatic Immo
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
financial year 2025 · full format
20-03
Gazette deed
Resignation: Peter Ramaut BV (director)Permanent representatives: Peter Ramaut and Jozef Buekens · Appointments: Peter Ramaut (director) and Capten (director)6 facts ▸
Gazette deed
Resignation: Peter Ramaut BV (director)
Permanent representatives: Peter Ramaut and Jozef Buekens · Appointments: Peter Ramaut (director) and Capten (director)6 facts ▸
- General meeting, 10-02-2026
- Director resignation, Peter Ramaut BV (director)
- Permanent representative, Peter Ramaut
- Director appointment, Peter Ramaut (director)
- Director appointment, Capten (director)
- Permanent representative, Jozef Buekens
2025
19-08
Gazette deed
Resignation: Fortify BV (director)Reappointments: Geran NV (director) and Dideco NV (director) · Permanent representatives: Maerschalck Rudi, Dhont Ann and Dhont Dirk7 facts ▸
Gazette deed
Resignation: Fortify BV (director)
Reappointments: Geran NV (director) and Dideco NV (director) · Permanent representatives: Maerschalck Rudi, Dhont Ann and Dhont Dirk7 facts ▸
- General meeting, 28-06-2025
- Director resignation, Fortify BV (director)
- Director reappointment, Geran NV (director)
- Director reappointment, Dideco NV (director)
- Permanent representative, Maerschalck Rudi
- Permanent representative, Dhont Ann
- Permanent representative, Dhont Dirk
03-07
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial
Back to profitnet €513,396
Net result €513,396 after 2 loss-making years.
31-12
Financial
Equity above €5mequity €5.2m ▲5.6%
Equity rises from €4.9m to €5.2m.
17-12
Gazette deed
Reappointment: Figurad Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
Gazette deed
Reappointment: Figurad Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 22-06-2024
- Auditor reappointment, Figurad Bedrijfsrevisoren BV (statutory auditor)
26-06
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
31-10
Gazette deed
RestructuringAppointments: DIDECO, GERAN and MADHOVER · Permanent representatives: DHONT Dirk Anna Andre, DHONT Anny Roza Jozef Maria and DHONT Koen · Demerger113 facts ▸
Gazette deed
Restructuring
Appointments: DIDECO, GERAN and MADHOVER · Permanent representatives: DHONT Dirk Anna Andre, DHONT Anny Roza Jozef Maria and DHONT Koen · Demerger113 facts ▸
- General meeting, 26-09-2023, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch) (3 times)
- Other provision, “vaststelling deelneming nieuw op te richten vennootschap aan (partiële) splitsing, EERSTE BESLISSING” (deed in Dutch)
- Other provision, “verzaking splitsingsverslagen, TWEEDE BESLISSING” (deed in Dutch)
- Demerger, “partiële splitsing door oprichting nieuwe vennootschap, DERDE BESLISSING” (deed in Dutch) (3 times)
- Other provision, 09-06-2023
- Other provision, “kennisname splitsingsvoorstel ontslag voorlezing en toevertrouwing afschrift, voorzitter ontslagen van voorlezing” (deed in Dutch)
- Other provision, “lezing kennisname onderzoek bespreking documenten, houders van alle aandelen op naam” (deed in Dutch)
- Other provision, “tussentijdse cijfers INKONOX, niet meer dan drie maanden voor datum splitsingsvoorstel” (deed in Dutch)
- Other provision, “tussentijdse cijfers IMMOMAD, laatste jaarrekening betreft boekjaar niet meer dan zes maanden voor datum splitsingsvoorstel” (deed in Dutch)
- Other provision, “tussentijdse cijfers SPIROMATIC, laatste jaarrekening betreft boekjaar niet meer dan zes maanden voor datum splitsingsvoorstel” (deed in Dutch)
- Other provision, “beschikking tussentijdse cijfers INKONOX, minder dan 1 maand voor heden” (deed in Dutch)
- Other provision, “betrokken aandeelhouders, verzaking termijn tussentijdse cijfers” (deed in Dutch)
- +101 further facts in this act
10-07
NBB filing
Annual accounts filed
financial year 2022 · full format
20-06
Gazette deed
RestructuringPermanent representatives: Dirk Dhont, Anny Dhont and 3 others · Demerger · Incorporation56 facts ▸
Gazette deed
Restructuring
Permanent representatives: Dirk Dhont, Anny Dhont and 3 others · Demerger · Incorporation56 facts ▸
- Demerger, “partiële splitsing door oprichting, gezamenlijk overleg” (deed in Dutch) (3 times)
- Other provision, “Bedrijfsvastgoed in Karreweg en Venecoweg te 9810 Nazareth, Spiromatic Groep” (deed in Dutch)
- Other provision, “bevestiging belastingneutraal karakter, rulingaanvraag” (deed in Dutch)
- Incorporation, 09-05-1988
- Other provision, “Wetboek van vennootschappen en verenigingen, aanpassing statuten aan WVV” (deed in Dutch) (2 times)
- Capital, €600,000
- Board composition, Adelin Dhont (managing director)
- Board composition, Anny Dhont (director)
- Board composition, Frank Dhont (director)
- Other provision, “vertegenwoordiging in Splitsingsvoorstel” (deed in Dutch)
- Incorporation, 15-05-1986
- Capital, €842,837.98
- +44 further facts in this act
2022
31-12
Financial
Weakest financial yearnet -€656,006
Net result drops to -€656,006, the lowest in the series; recovery starts the following year.
Show earlier events
28-11
Gazette deed
Appointment: Peter Ramuat BV (director)Permanent representatives: Ramuat Peter and Dhont Ann4 facts ▸
Gazette deed
Appointment: Peter Ramuat BV (director)
Permanent representatives: Ramuat Peter and Dhont Ann4 facts ▸
- General meeting, 29-08-2022
- Director appointment, Peter Ramuat BV (director)
- Permanent representative, Ramuat Peter
- Permanent representative, Dhont Ann
14-07
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial
Highest result from 2018 to 2025net €1.1m ▲33.3%
Net result €1.1m, the highest in the series.
16-07
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
06-07
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial
Equity above €5mequity €5.3m ▲16%
A profit in every financial year since 2018 builds equity to €5.3m.
10-07
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
05-07
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
04-07
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 39 annual accounts filed, the latest 10 are here; all 39 are under Financials.
6 of 19 deeds read
About the unread acts
Of the 19 Belgian Official Gazette deeds we know for this company, 6 have been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded15-05-1986
Financial year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
28250Manufacture of machinery and equipment not elsewhere classified
25220Manufacture of fabricated metal products, except machinery and equipment
28930Manufacture of machinery and equipment not elsewhere classified
78200Temporary employment agencies and other provision of personnel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428914105
Also
9925:BE0428914105
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
984500BB7C2DCA1ADA85
Environmental permits
4 applications in Flanders since 2017 · 3 granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Bouwen of herbouwen; Nieuwbouw of aanleggen
Bouwen of herbouwen; Nieuwbouw of aanleggen
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 1986
Ground area
2.0 ha
Building footprint
9,316 m²
Building volume
81,312 m³
Parcel 44048A0117/00G000, Flanders · tallest building 11.0 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SPIROMATIC NV
since 1986unit no. 2.036.979.016
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44048A0117/00G000 | Flanders | 2.0 ha | 1 · 9,316 m² | 11.0 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het leveren en plaatsen van elektronische installaties; Het optrekken van gebouwen (ruwbouw en onder dak zetten) evenals bouwbedrjvigheden…” (deed in Dutch)
3 activities (deed in Dutch)
- Het leveren en plaatsen van elektronische installaties;
- Het optrekken van gebouwen (ruwbouw en onder dak zetten) evenals bouwbedrjvigheden welke betrekking hebben op de gehele of gedeeltelijke uitvoering van voltoolingswerken of op de coördinatie van deze laatste wanneer zij door onderaannemings worden uitgevoerd, evenals het optrekken van geprefabriceerde gebouwen en evenneens het waterdichtmaken van deze gebouwen met asfalt en teer, onder meer het bedekken met asfalt of met koolstofhoudende producten, gebeurlijk gecombineerd met metalen;
- De fabricatie en plaatsing van allerhande metaalconstructie, en constructies in kunststoffen, allerlei machines en andere installaties, de handel in voorgaande voorwerpen en onderdelen alsook in alle producten hiermeede verband houdende alsmede aanverwante artikelen, de inkoop, verkoop en plaatsing, alleen of in samenwerking met derden, voor eigen rekening of voor rekening van derden, groot- en kleinhandel in voorgaan, vertegenwoordigingen waarmemen.
- Name clauseThe name the company operates under according to its articles.
- SPIROMATIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole directordeed of 31-10-2023
- Board ruleHow the board is made up, meets and takes decisions.
- “Enige bestuurder, monistisch bestuur (raad van bestuur)” (deed in Dutch)“Enige bestuurder” (deed in Dutch)1 more provision on this in the deeddeed of 31-10-2023
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deeddeed of 20-06-2023
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Saturday of June at 10:00