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Spitaels Consulting

Active
Private limited companyfounded 1990active for 36 yearsMeersbloem-Melden 46, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0441.574.880

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Spitaels Consulting has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €326,923. Equity has been growing by about 17% per year since 2019. Its solvency ranks better than 61% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

KBO
Status
Active since 27-09-1990 Normal situation
Registered office
43 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Wholesale trade NACE 46480and 1 other
Establishment unit
2.049.943.956 9700 Oudenaarde, since 12-01-2001
Financial year end
31 March
Peppol
Reachable since 26-11-2025

Board and ownership

Shareholders

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2025
Gross margin
€1.0m
▲ 50.4%
Turnover
≈ €4.5m
estimated
Profit
€326,923
▲ 74.9%
Equity
€1.6m
▲ 13.2%
Total assets
€3.0m
▲ 26.3%
Staff
4.6 FTE
▼ 4.2%
2026 accounts not filed, 1 day past the deadline
Filed on 29-10-2025PDF
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2025 (filed on 06-11-2025)lowers riskFounded in 1990Liquidity: current ratio 3.57, cash €309,958Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 79-7
equity 54.3% of total assets
Liquidity 53+3
short-term debt 25.2% · cash 10.3%
Profitability 82+20
return on assets 10.9%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.2%▲ +0.1 percentage points 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 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.6%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 0.1%▼ -0.5 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.57 (4.42 in 2024), above the usual 1.5. Short-term debt is 25.2% and cash 10.3% of total assets. 45.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 61% of them on solvency, 59% on liquidity, 76% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 3.57, cash €309,958
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 06-11-2025)
NBB · annual accounts
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 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
2 days early
2024
34 days early
2023
1 day early
2022
7 days late
2021
31 days early
2020
6 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 9 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €186,900 to €326,923 ▲ 74.9% View
  • Positive: Higher net result than 89% of companies in wholesale tradesector median €26,864 · 9,808 companies €326,923 View
  • Positive: 7 profitable years in a rowprofit 2025: €326,923 7 years View

Comparable companies

These companies have the same main activity as Spitaels Consulting: wholesale trade (NACE 46480). They are comparable in size and age: total assets between €1.2m and €5.6m, founded between 1974 and 2001.

CompanyTotal assetsGross margin
Spitaels Consulting Oudenaarde€3.0m€1.0m
DILLIS Oudenburg€3.6m€0.8m
EDEL en Co Antwerpen€3.7m€1.1m
IPOFA Knokke-Heist€5.6m€1.3m
S.A. PAUL DOUTREPONT ET CIE Verviers€2.9m€1.2m
JEWELEX EUROPE Antwerpen€2.7m€0.4m
CETRONIC BENELUX Jette€1.2m€0.4m
Full comparison

Documents

Annual accounts at the NBB

All 34 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Spitaels Consulting

What is the company number of Spitaels Consulting?
The company number of Spitaels Consulting is 0441.574.880. The VAT number is the same number with BE in front: BE 0441.574.880.
Where is Spitaels Consulting based?
The registered office is at Meersbloem-Melden 46, 9700 Oudenaarde.Company details
What does Spitaels Consulting do?
According to the KBO register, the main activity is wholesale trade (NACE 46480).
What is the legal form of Spitaels Consulting?
The legal form of Spitaels Consulting is Private limited company (BV).
When was Spitaels Consulting founded?
Spitaels Consulting was founded on 27-09-1990.
Is Spitaels Consulting still active?
Yes, Spitaels Consulting is an active enterprise in the KBO register.
How many employees does Spitaels Consulting have?
Spitaels Consulting had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Spitaels Consulting?
The turnover in financial year 2025 is ≈ €4.5m. This figure is estimated from the gross margin of €1.0m and 100 comparable companies (NACE 46). It probably lies between €2.7m and €7.4m. In financial year 2023 turnover was €3.9m.
Is Spitaels Consulting profitable?
In financial year 2025, Spitaels Consulting made a profit of €326,923.
Where can I find the annual accounts of Spitaels Consulting?
Spitaels Consulting filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

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