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SPITSDIAM

Active
Private limited companyfounded 1985active for 41 yearsKievitweg(Kessel) 5, 2560 Nijlen, BelgiumKBO/BCE: BE 0427.110.596

From the official registers: KBO 41 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of SPITSDIAM for financial year 2025 show a net loss of 75% of total assets and of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €47,156 and a net result of -€81,617. Equity has been shrinking by about 9.7% per year since 2018. Its solvency ranks better than 49% of 274 sector peers (NACE 32, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 21-03-1985 Normal situation
Activity
Other manufacturing NACE 32121
Establishment units
2.027.033.546 2560 Nijlen, since 01-04-1985
2.219.690.986 2560 Nijlen, since 10-06-2013
Financial year end
31 December
Peppol
Reachable since 26-07-2024

Board and ownership

Board
Shareholders

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€606,150
▼ 12.7%
Turnover
≈ €1.4m
estimated
Loss
€81,617
▼ 12.4%
Equity
€47,156
▼ 63.4%
Total assets
€108,213
▼ 33.3%
Staff
11.3 FTE
▼ 16.9%
Filed on 22-06-2026, 39 days before the deadlineat the National Bank
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €81,617, the second in a row (financial year 2025)Size: 11.3 FTE, total assets €108,213lowers riskLiquidity: current ratio 1.45, cash €58,505Founded in 1985Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 38% of small companies in other manufacturing (NACE 32)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 69-31
equity 43.6% of total assets
Liquidity 71-22
short-term debt 56.4% · cash 54.1%
Profitability 0=
return on assets -75.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (112 companies, NACE 32, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.2%▼ -0.1 percentage points 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 04-2025lowest value 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.45 (4.06 in 2024), below the usual 1.5. Short-term debt is 56.4% and cash 54.1% of total assets. 56.4% 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 32, small). It does better than 53% of them on solvency, 89% on liquidity, 5% on profitability and 5% 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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €81,617, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.45, cash €58,505
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 11.3 FTE, total assets €108,213
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€81,617
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
42 days early
2023
on the day
2022
31 days late
2021
29 days late
2020
4 days late
2019
56 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% 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 1 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€81,617 View
  • Caution: Lower net result than 94% of companies in other manufacturingsector median €25,404 · 274 companies -€81,617 View
  • Caution: Equity fell in 2025from €128,773 to €47,156 ▼ 63.4% View

Comparable companies

These companies have the same main activity as SPITSDIAM: other manufacturing (NACE 32121). They are comparable in size and age: total assets between €41,300 and €233,000, founded between 1970 and 2000.

CompanyTotal assetsGross margin
SPITSDIAM Nijlen€108,213€606,150
HATODIAM Antwerpen€232,755€420,947
MEYLEMANS - SOMERS Antwerpen€58,938€217,172
CR DIAMOND POLISHING WORKS Antwerpen€166,504€56,668
DIAMANTZAGERIJ H. DEBELS Antwerpen€85,669€56,181
WEISS MANUFACTURING Antwerpen€41,323€85,353
GINO BELLEN Antwerpen€84,737€26,466
Full comparison

Documents

Annual accounts at the NBB

All 41 annual accounts

Articles and registers

Key facts about SPITSDIAM

What is the company number of SPITSDIAM?
The company number of SPITSDIAM is 0427.110.596. The VAT number is the same number with BE in front: BE 0427.110.596.
Where is SPITSDIAM based?
The registered office is at Kievitweg(Kessel) 5, 2560 Nijlen.Company details
What does SPITSDIAM do?
According to the KBO register, the main activity is other manufacturing (NACE 32121).
What is the legal form of SPITSDIAM?
The legal form of SPITSDIAM is Private limited company (BV).
When was SPITSDIAM founded?
SPITSDIAM was founded on 21-03-1985.
Is SPITSDIAM still active?
Yes, SPITSDIAM is an active enterprise in the KBO register.
How many employees does SPITSDIAM have?
SPITSDIAM had an average of 11.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SPITSDIAM?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €606,150 and 2,285 comparable companies of the same size. It probably lies between €860,000 and €2.4m. It is a rough estimate.
Is SPITSDIAM profitable?
In financial year 2025, SPITSDIAM made a loss of €81,617.
Where can I find the annual accounts of SPITSDIAM?
SPITSDIAM filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SPITSDIAM due?
SPITSDIAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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