Active BE 0894.866.966Private limited company (pre-2019)

SPITTEX

Wapenaarteinde 4 ·9112 Sint-Niklaas, Belgium· 18 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

SPITTEX has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €818 and a net result of €-2k. Its solvency ranks better than 10% of 10130 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€818
Net result	€-2k
Better than sector	10%
Active	18 yrs

Financial profile 3 of 5 axes measured · computed by Checked

29 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 0

Solvency 2

Growth -

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2008, 18 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score

No health score: the filing is too brief

The accounts filed for FY 2023 supply 2 of the 6 factors this model weighs. Below 3 we publish no score, because it would mostly describe the model rather than this company.

This is not a judgement about the company. Micro and abbreviated schemas may omit turnover (rubriek 70), which makes the EBITDA margin and often the interest coverage impossible to compute.

Financial overview11 NBB filings

Annual accounts filed on 28-02-2024 with the NBB · fiscal year 2023 · micro schema

Sector comparison

Fiscal year 2023 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	2.7%	58.5%	better than 10% of 10130 sector peers
Net result	€-2k	€27k	better than 13% of 10124 sector peers
Equity	€818	€52k	better than 9% of 10137 sector peers
Total assets	€30k	€107k	better than 14% of 10130 sector peers

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro schema
Revenue	-
EBITDA	€-501
Net profit	€-2k
Cash flow	€-501
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€30k
Equity	€818
Debt	€29k
of which ≤ 1y	-
of which > 1y	€28k
Working capital	-
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	-
Quick ratio	-
Working capital ratio	-
Solvency	2.7%
Debt / equity	35.62
Long-term debt ratio	34.58
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-6.0%
ROE	-220.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Equity & liabilities

Equity €818 · 2.7% Debt €29k · 97.3%

Full annual accounts (14 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€30k
Current assets	29/58	€30k
Amounts receivable within one year	40/41	€29k
Cash & bank	54/58	€608
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€30k
Equity	10/15	€818
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-5k
Amounts payable	17/49	€29k
Amounts payable after one year	17	€28k
Income statement
Operating result	9901	€-2k
Result before taxes	9903	€-2k
Net result for the period	9904	€-2k
Result to be appropriated	9905	€-2k

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company (pre-2019)(015)
Incorporation	14-01-2008
Status	Active
Postal code	9112

Establishment units 1 location

SPITTEX

Wapenaarteinde 4, 9112 Sint-NiklaasRenting and operating of own or leased non-residential real estate, excluding land

since 20082.168.352.450

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46019C0159/00B002	Flanders	1,552 m²	1 · 238 m²	9.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 10Filings 10

2024

28-02