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SPIVAN

Active Public limited companyfounded 1992active for 33 yearsBruggesteenweg 20, 8755 WingeneKBO/BCE: BE 0448.933.123 subsidiary of Hof Ter Jan
SPIVAN
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Overview

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €445,314 (2006)
€212,016▼ 23.8%
lowest -€102,405 (2012)
€210,580▼ 24.9%
peak €1.7m (2010)
€923,703▼ 2.8%
€1.1m▲ 14.2%
peak 2.8 FTE (2007)
-not published
Board6 names since 2019
5 directorsHof Ter Jan and 4 others
Owners2 names in the annual accounts
99.92%Hof Ter Jan
Documentsfilings and deeds
31-07-2026on the last day
2025financial year
Gross margin from €278,402 to €212,016Dividend €37,184Investments €5,146Cash from €360,919 to €234,771

Key points

from the 2025 annual accounts

Equity

€923,703 from €1.7m in 2010

Equity fell by 46% in 15 years.

Investments

€5,146 6.1 × depreciation
20212025

Green is investment, beige is depreciation. Machinery stands 827.4% higher than in 2024.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2018 accounts came latest: 26 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 51% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

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

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Average

71-4equity 45.9% of total assets
37-12short-term debt 54.1% · cash 11.7%
82-5return on assets 10.5%

Score breakdown

lowers risk
Size: total assets €2.0m
Founded in 1992
Figures for financial year 2025 (filed on 08-08-2026)
Legal form: public limited company
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, small). It does better than 54% of them on solvency, 40% on liquidity, 84% on profitability and 25% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as SPIVAN has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of SPIVAN itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for SPIVAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.84 (2.0 in 2024), above the usual 1.5. Short-term debt is 54.1% and cash 11.7% of total assets. However, 54.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1992
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 · Figures for financial year 2025 (filed on 08-08-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
2 days early
2022
1 day late
2021
3 days early
2020
5 days early
2019
31 days early
← 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 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 (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 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 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

Board and ownership

HT
Hof Ter Jan
Managing director, SPIESSCHAERT Jan
HT
HOF TER STEENE
Managing director, SPIESSCHAERT Annelies
H
HofTerSteeneNV
Director, IvanSpiesschaert
I
IvanSpiesschaert
Director
SI
SPIESSCHAERT Ivan
Director, since 23-06-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448933123
Capital increase of €212.95 to €496,000 Capital from €495,787.05 to €496,000 · Reappointments: SPIESSCHAERT Ivan, HOF TER STEENE and Hof Ter Jan · Permanent representatives: SPIESSCHAERT Annelies and SPIESSCHAERT Jan · General meeting of 23-06-2022 · Gazette deed
Permanent representatives: SpiesschaertIvan and SpiesschaertAnnelies Board meeting of 02-12-2019 · Gazette deed
3 directors reappointed IvanSpiesschaert, HofTerSteeneNV (managing director) and HofTerJanBVBA (managing director) · Permanent representatives: IvanSpiesschaert and JanSpiesschaert · General meeting of 07-06-2019 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
SPIVAN Wingene €2.0m €212,016 45.9% -
INGHELBRECHT HENDRIK Jabbeke €2.0m €119,918 90.3% -
Maison Aimé de Barsy Bastogne €2.5m €196,900 69.8% 1.6
FABROCA Havelange €1.7m €330,987 63.4% 1.5
PERREAUX Bertrix €2.6m €316,936 92.7% 0.9
SOCAFA La Roche-en-Ardenne €1.4m €238,718 39.4% -
MINE & CO Aywaille €2.0m €275,417 45.5% 2

These companies have the same main activity as SPIVAN: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €1.4m and €2.6m, founded between 1987 and 1995.

Official details

Source: KBO
Status
Active since 16-12-1992Normal situation
Activity
Wholesale of agricultural produce and animal feed, general rangeNACE 46216and 1 other
Establishment unit
2.060.597.2298755 Wingene, since 03-02-1993
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2025

€212,016▼ 23.8%
≈ €1.1mestimated
€210,580▼ 24.9%
€923,703▼ 2.8%
€2.0m▲ 5.7%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Companies linked to SPIVAN

Insights on SPIVAN

SPIVAN has existed since 1992. In 2022 the gross margin rose from €90,324 to €230,940.

Hof Ter Jan holds all the shares. In June 2022, the Official Gazette published the appointment of Hof Ter Jan as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 31-07-2026, on the day of the deadline
€212,016
▼ 23.8%
€210,183
▼ 24.1%
€210,580
▼ 24.9%
€919,005
▼ 3.3%
45.9%
▼ 4.0 percentage points
1.84
▼ 0.15

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.1m. Estimated: probably between €510,000 and €1.9m.

Balance sheet

balance sheet total €2.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

45.9%

Higher than 51% of 6,192 companies in 2025.

1.84

Higher than 52% of 6,112 companies in 2025.

10.5%

Higher than 79% of 6,176 companies in 2025.

SPIVAN Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.0m1.9m1.6m1.6m1.4m1.6m1.6m1.6m1.7m1.8m1.8m1.6m1.8m2.2m2.1m2.2m2.0m2.2m2.1m1.9m
21/28 4,6983938281,2624,4177,28211,14812,32125,34735,63647,32418,92828,19337,31747,29660,507153,098189,823170,064168,284
22/27 4,6983938281,2624,4177,28211,14812,32125,34735,63647,32418,92828,19337,31747,29660,507153,098189,823170,064168,284
22 ---------1,55010,12618,70327,27935,85644,43253,00961,58570,38380,43891,929
23 1,6151744216683,6357,28211,1483,9408,1637,9962,0401027091,4612,7202,5144,7132,2629891,925
24 3,083219407594781--8,38117,18326,09135,158123205-1444,98486,800117,17788,63774,429
29/58 2.0m1.9m1.6m1.6m1.4m1.6m1.6m1.6m1.7m1.8m1.7m1.6m1.7m2.2m2.1m2.1m1.9m2.0m1.9m1.7m
3 07,45627,35350,583136,80247,21679,26152,997119,301111,625187,825270,639215,512256,276102,149203,851192,27390,996176,49430,102
30/36 07,45627,35350,583136,80247,21679,26152,997119,301111,625187,825270,639215,512256,276102,149203,851192,27390,996176,49430,102
40/41 1.7m1.2m910,854904,524671,9281.3m818,754905,079841,051973,137923,906847,9931.3m1.7m1.8m1.7m1.3m1.5m945,3381.1m
40 1.5m1.1m844,913833,973644,8071.2m805,992830,803816,726880,060874,346819,1481.2m1.4m1.4m1.4m1.1m1.3m862,4621.0m
41 248,76247,70765,94170,55127,12168,27812,76274,27624,32693,07749,56028,845106,277276,011369,023331,908209,508255,17882,876137,889
50/53 36,955341,36237,17237,17237,17237,17237,17237,17237,17237,17237,17237,17237,17240,79342,79342,79342,79342,79344,65345,717
54/58 234,771360,919633,538591,233597,024259,058615,333638,236656,051660,994570,073379,927211,918167,809110,023101,355279,423355,836702,269498,183
490/1 1,4942,2481,5231,378997969----18,45518,45516,57016,18021,28516,44810,38612,57212,07311,636
Balance sheet: equity and liabilities
10/49 2.0m1.9m1.6m1.6m1.4m1.6m1.6m1.6m1.7m1.8m1.8m1.6m1.8m2.2m2.1m2.2m2.0m2.2m2.1m1.9m
10/15 923,703950,307976,9431.0m1.0m1.1m1.1m1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.3m1.7m1.6m1.5m1.4m1.4m
10/11 372,053372,053372,053372,053371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840371,840
10 372,053372,053372,053372,053371,840---------------
100 496,000496,000496,000496,000495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787495,787
101 123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947123,947
13 49,60049,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,89650,47651,18350,27249,57949,595
130/1 49,60049,57949,57949,57949,57949,579--------------
130 49,60049,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,579
132 --------------3178981,604693-16
14 502,050528,675555,311586,815617,892655,835692,987730,919765,483794,034811,916825,676787,883729,891831,9791.3m1.2m1.1m1.0m935,384
16 --------------163462826357-8
168 --------------163462826357-8
17/49 1.1m953,758634,325577,704409,028549,083447,262493,467492,020603,110551,420326,017567,1231.1m843,750455,201358,819698,053626,368545,847
42/48 1.1m953,527634,325577,704409,028549,083447,262493,467492,020603,110551,420304,712549,1261.0m840,540455,201358,819698,053626,368545,847
42 -------------------32,147
43 -------619-2,288-----8,4938,51317,20710,00051,667
430/8 ---------------8,4938,51317,20710,00051,667
439 -------619-2,288----------
44 804,681633,709430,704317,404247,896328,831262,814257,936327,384410,148326,101171,693365,427747,462192,640333,209251,212548,247453,935343,093
440/4 804,681633,709430,704317,404247,896328,831262,814257,936327,384410,148326,101171,693365,427747,462192,640333,209251,212548,247453,935343,093
45 4,2806,4706,2872,9661154181143933021748504,020-4416,3481,01421,60915,11545,24911,473
450/3 4,2806,4706,2872,9661154181143933021748504,020-4416,348-1,8961,23630,396-
454/9 ---------------1,01419,71413,87914,85411,473
47/48 280,532313,348197,334257,334161,018219,834184,334234,518164,334190,500224,469128,999183,699292,384641,552112,48477,484117,484117,184107,468
492/3 0231---------21,30517,99712,2773,209-----
Income statement
76A ---04,576---689440-12313,2313271,50048,5083,9091,7503,6336,796
9900 212,016278,402168,192230,94090,324187,418163,550174,500151,501119,612130,854138,04193,017-83,543113,131195,961435,339363,094383,389445,314
62 ---------------17,05295,92173,03075,84775,487
630 8414344343,1543,8035,10118,17213,02616,21722,97419,5409,2669,46610,61416,21125,17282,37192,52270,86861,875
640/8 9921,1159691,0721,0461,5109138971,0469339289251,2642,3053,2555,46312,88010,85710,5529,468
66A ---01,762---9043,0141,836-638200---76086010,293
9901 210,183276,852166,788226,71383,714180,806144,464160,577134,23895,704110,386127,85082,288-96,46293,666148,275244,167186,685226,122298,483
75/76B 6,1899,6762,6162,8382,4072,3403,0013,2672,7412,2103,0154,6236,7409,84319,03012,8539,52755,0299,61011,342
75 6,1899,6762,6162,8382,4072,3403,0013,2672,0511,7703,0154,6236,7409,84319,03012,8539,52755,0299,61011,342
76B --------689440----------
65/66B 974542562562552551548181,0755,4282,3253,5066,44415,5013,9221,8041,8661,72422,0156,078
65 974542562562552551548181712,4152,3253,5066,44415,5013,9221,8041,8661,72422,0156,078
66B --------9043,014----------
9903 216,275286,074169,148229,29685,866182,892147,311163,027135,90492,486109,241129,09095,177-101,993110,274207,831255,737240,980216,491300,250
67/77 5,6945,5263,4692,9751253601,0594062721848174,113-5756,40523,00249,77734,29631,61076,621
9904 210,580280,548165,680226,32185,741182,532146,252162,621135,63292,303108,424124,97795,177-102,405104,168185,193205,491206,328184,889223,851
789 -------------3175817061,06946216431
689 ----------------1,9801,155--
9905 210,580280,548165,680226,32185,741182,532146,252162,621135,63292,303108,424124,97795,177-102,088104,749185,899204,580205,635184,905224,282
Appropriation of the result
9906 739,255835,859752,495844,000741,576875,519877,171928,103929,667904,218934,100912,860825,067729,8911.4m1.4m1.3m1.2m1.1m1.0m
14P 528,675555,311586,815617,679655,835---------------
691/2 21-------------------
6920 21-------------------
694/7 237,184307,184197,184257,184123,684219,684184,184197,184164,184110,184122,18487,18437,184-567,184112,18477,184117,184117,18469,684
694 37,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,18437,184-537,18437,18437,18437,18437,18437,184
695 200,000270,000160,000220,00086,500182,500147,000160,000127,00073,00085,00050,000--30,00075,00040,00080,00080,00032,500
Social balance sheet
9087 ---0-----------0.52.82.72.82.7
Hours worked1013 ---------------7444,1284,0103,7533,699
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 31-07-2026 2026-00387992 PDF
31-12-2024 abbreviated format 30-07-2025 2025-00343530 PDF
31-12-2023 abbreviated format 29-07-2024 2024-00307144 PDF
31-12-2022 abbreviated format 01-08-2023 2023-00303516 PDF
31-12-2021 abbreviated format 28-07-2022 2022-20239196 PDF
31-12-2020 abbreviated format 26-07-2021 2021-40400239 PDF
31-12-2019 abbreviated format 30-06-2020 2020-23700504 PDF
31-12-2018 abbreviated format 26-08-2019 2019-51200262 PDF
31-12-2017 abbreviated format 13-08-2018 2018-45500208 PDF
31-12-2016 abbreviated format 27-07-2017 2017-36200598 PDF
31-12-2015 abbreviated format 18-08-2016 2016-43600120 PDF
31-12-2014 abbreviated format 27-08-2015 2015-49500382 PDF
31-12-2013 abbreviated format 25-08-2014 2014-50400569 PDF
31-12-2012 abbreviated format 27-08-2013 2013-47100439 PDF
31-12-2011 abbreviated format 27-07-2012 2012-35300424 PDF
31-12-2010 abbreviated format 29-08-2011 2011-44900088 PDF
31-12-2009 abbreviated format 22-07-2010 2010-32100519 PDF
31-12-2008 abbreviated format 07-07-2009 2009-35100348 PDF
31-12-2007 abbreviated format 28-08-2008 2008-63400299 PDF
31-12-2006 abbreviated format 31-08-2007 2007-65900120 PDF
31-12-2005 abbreviated format 31-08-2006 2006-72101494 PDF
31-12-2004 abbreviated format 30-09-2005 2005-74504232 PDF
31-12-2003 abbreviated format 05-07-2004 2004-40201745 PDF
31-12-2002 abbreviated format 22-07-2003 2003-48005155 PDF
31-12-2001 abbreviated format 04-09-2002 2002-53500802 PDF
31-12-2000 abbreviated format 18-10-2001 2001-65105065 PDF
31-12-1999 abbreviated format 30-11-2000 2000-73801524 PDF
31-12-1998 abbreviated format 20-10-1999 1999-54101770 PDF
31-12-1997 abbreviated format 10-12-1998 1998-61101292 PDF
31-12-1996 abbreviated format 10-10-1997 1997-48403629 PDF
31-12-1995 abbreviated format 30-12-1996 1996-55200660 PDF
31-12-1994 abbreviated format 30-12-1996 1996-55200671 PDF
31-12-1993 abbreviated format 30-12-1996 1996-55200681 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
211,024277,287167,223229,86887,516185,908162,637173,603150,455118,678129,926137,11691,754-85,848109,876173,447326,538279,207296,991360,359
211,421280,983166,114229,47589,543187,634164,424175,646151,849115,277127,963134,242104,642-91,791120,378210,364287,862298,850255,758285,726
5,1460009371,23517,00005,92711,28647,93603426353,000-67,42059,281112,28072,64943,000
-126,148-272,61942,305-5,791337,966-356,275-22,903-17,815-4,94390,922190,146168,00944,10857,7878,668-178,069-76,413-346,433204,086-
919,005950,145976,1151.0m1.0m1.1m1.1m1.1m1.2m1.2m1.2m1.2m1.2m1.1m1.2m1.7m1.5m1.3m1.3m1.2m
45.9%49.9%60.6%63.6%71.8%66.2%71.4%70.0%70.7%66.8%69.1%79.3%68.1%52.2%59.8%79.0%82.0%68.5%69.5%71.3%
1.842.002.542.743.532.953.473.313.362.963.155.103.182.082.444.645.162.903.003.18
1.841.992.502.663.202.863.293.203.122.772.814.212.791.842.324.194.622.772.723.12
1.181.000.650.570.390.510.400.430.410.500.450.260.470.910.670.270.220.460.440.40
22.8%29.5%17.0%22.4%8.2%16.9%13.1%14.1%11.4%7.6%8.8%10.0%7.9%-8.9%8.3%10.8%12.5%13.6%13.0%16.5%
10.5%14.7%10.3%14.3%5.9%11.2%9.4%9.9%8.1%5.1%6.1%7.9%5.4%-4.6%5.0%8.5%10.3%9.3%9.0%11.8%
over 100over 100over 100over 100over 100---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€5,146---€937
€841€434€434€3,154€3,803

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SPIVAN

The operating result for 2025 is 24% lower than in 2024.

Debt's share of the balance-sheet total rises from 50.1% to 54.1%. Equity is lower and debt is higher.

Board & ownership

Board

5 directors, 2 in day-to-day management, last change in 2022
Hof Ter Jan
Director and managing director, permanent representative SPIESSCHAERT Jan
director since 23-06-2022 managing director appointed by deed of 27-06-2022 6-year term from 2022
listed in the 2025 annual accounts, filed on 31-07-2026
HOF TER STEENE
Director and managing director, permanent representative SPIESSCHAERT Annelies
director since 23-06-2022 managing director appointed by deed of 27-06-2022 6-year term from 2022
listed in the 2025 annual accounts, filed on 31-07-2026
HofTerSteeneNV
Director, permanent representative IvanSpiesschaert
current term since 23-06-2022 term until 02-06-2028
listed in the 2025 annual accounts, filed on 31-07-2026
IvanSpiesschaert
Director
current term since 23-06-2022 term until 02-06-2028
listed in the 2025 annual accounts, filed on 31-07-2026
SPIESSCHAERT Ivan
Director
since 23-06-2022 6-year term from 2022
listed in the 2025 annual accounts, filed on 31-07-2026
Hof Ter Jan, HOF TER STEENE
Permanent representatives 3
IvanSpiesschaert
Permanent representative, for HofTerSteeneNV
in office according to the deed of 08-07-2019
SPIESSCHAERT Annelies
Permanent representative, for HOF TER STEENE
in office according to the deed of 27-06-2022
SPIESSCHAERT Jan
Permanent representative, for Hof Ter Jan
in office according to the deed of 27-06-2022

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
Hof Ter Jan
Director, Managing director
HofTerSteeneNV
Director
IvanSpiesschaert
Director
SPIESSCHAERT Ivan
Director
HOF TER STEENE
Director, Managing director
HofTerJanBVBA
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Hof Ter Jan
    • Director, from 07-06-2019 to date
    • Managing director, appointed by deed of 27-06-2022, still in office
  • HofTerSteeneNV
    • Director, since before 07-06-2019
    • Managing director, from before 08-07-2019, last mentioned in 2019
  • IvanSpiesschaert
    • Director, since before 07-06-2019
  • SPIESSCHAERT Ivan
    • Director, from 07-06-2019 to date
  • HOF TER STEENE
    • Director, from 02-12-2019 to date
    • Managing director, appointed by deed of 27-06-2022, still in office
  • HofTerJanBVBA
    • Director, from before 07-06-2019, last mentioned in 2019

See the board, name and registered office on a given date →

Control

Parent
Hof Ter Jan
Equity €973,899
Profit €795,358 in 2025 (profit €349,793 in 2024)
Source: accounts Hof Ter Jan 30-06-2025
99.92%
This company
SPIVAN
Equity €923,703
Profit €210,580 in 2025

Further up the chainSPIESSCHAERT JAN 99.91%

Capital

Capital
€372,053.24
Shares
5,000
Contribution per share
€74.41
Equity per share
€185 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Hof Ter Jan
99.92%
99.92%
HOF TER STEENE
99.92%
99.92% until 2009
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 27-06-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Term of at most 6 years
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 11:00

Network & group

Group

Hof Ter Jan has 1 direct subsidiary (accounts to 30-06-2025), the bar shows equity in euros
ParentHof Ter Jan1 holding, 1 country accounts to 30-06-2025

Belgium 1 Equity Result

  • BE Spivan99.92% €923,703 result €210,580

Source: list of holdings in the 30-06-2025 accounts of Hof Ter Jan. Every holding stands with its own latest accounts.

At the same address

Bruggesteenweg 20, 8755 Wingene · 5 other companies
SPIESSCHAERT JAN
registered office since 27-04-2016 · founded in 2016 · accounts filed late
 total assets €3.8m (2021)
0653.876.703
Hof Ter Jan
registered office since 01-01-2009 · founded in 2008
 total assets €3.1m (2025)
0808.516.873
Céline Claeys
registered office since 26-09-2023 · founded in 2023
 total assets €1.3m (2025)
1000.320.715
SPIVEST
establishment since 16-10-1998 · founded in 1998
 total assets €1.3m (2025)
0464.036.617
SPIVATRA
registered office since 01-01-2010 · founded in 2009
 7.4 FTE (2025)
0821.812.011

Connections & network

5 current directors
Depth

The network starts from the directors of SPIVAN. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

42 events since 1992

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0448933123
Annual accounts 2024 filed PDFabbreviated format · 1 day before the deadline
2024
Highest result from 2006 to 2025 net €280,548 ▲69.3% The net result of €280,548 is the highest of those years.
Annual accounts 2023 filed PDFabbreviated format · 2 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 1 day late
2022
Annual accounts 2021 filed PDFabbreviated format · 3 days before the deadline
Capital increase of €212.95 to €496,000Capital from €495,787.05 to €496,000 · Reappointments: SPIESSCHAERT Ivan, HOF TER STEENE and Hof Ter Jan · Permanent representatives: SPIESSCHAERT Annelies and SPIESSCHAERT Jan · General meeting of 23-06-202212 points ▸
  • General meeting, 23-06-2022
  • Capital increase, €212.95
  • Capital, €496,000, 5,000 shares
  • Power of attorney, Christophe VERHAEGHE
  • Director reappointment, SPIESSCHAERT Ivan
  • Director reappointment, HOF TER STEENE
  • Permanent representative, SPIESSCHAERT Annelies
  • Director reappointment, Hof Ter Jan
  • Permanent representative, SPIESSCHAERT Jan
  • Registered office clause, Bruggesteenweg 20
  • Director appointment, HOF TER STEENE (managing director)
  • Director appointment, Hof Ter Jan (managing director)
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFabbreviated format · 5 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 31 days before the deadline
Permanent representatives: SpiesschaertIvan and SpiesschaertAnneliesBoard meeting of 02-12-20193 points ▸
  • Board meeting, 02-12-2019
  • Permanent representative, SpiesschaertIvan
  • Permanent representative, SpiesschaertAnnelies

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFabbreviated format · 26 days late
3 directors reappointedIvanSpiesschaert, HofTerSteeneNV (managing director) and HofTerJanBVBA (managing director) · Permanent representatives: IvanSpiesschaert and JanSpiesschaert · General meeting of 07-06-20198 points ▸
  • General meeting, 07-06-2019
  • Director reappointment, IvanSpiesschaert
  • Director reappointment, HofTerSteeneNV
  • Director reappointment, HofTerJanBVBA
  • Permanent representative, IvanSpiesschaert
  • Permanent representative, JanSpiesschaert
  • Director reappointment, HofTerSteeneNV (managing director)
  • Director reappointment, HofTerJanBVBA (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 13 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 4 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 18 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 27 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 25 days late
2013
Back to profit net €95,177 The net result is €95,177, after one loss-making year.
Annual accounts 2012 filed PDFabbreviated format · 27 days late
2012
Weakest financial year net -€102,405 The net result drops to -€102,405, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2011 filed PDFabbreviated format · 4 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 29 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 9 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 24 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 28 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 31 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1993 filed PDFabbreviated format
Annual accounts 1994 filed PDFabbreviated format
Annual accounts 1995 filed PDFabbreviated format
1993
First establishment Bruggesteenweg 20, Wingene
1992
Incorporation published on 06-01-1993

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SPIVAN was incorporated on 16 December 1992.1 In 2022 the company took the name SPIVAN.2 A capital increase in 2022 brought the capital to €496,000.2 Total assets rose from €1.6m in 2018 to €2.0m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-06-2022
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0448.933.123
VAT number
BE 0448.933.123
Peppol ID
0208:0448933123
Other Peppol ID
9925:BE0448933123
LEI code
967600K2OL3G1FOXIC86 no longer live in the LEI register
Legal form
Public limited company
Status
Active, normal situation
Founded
16-12-1992
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 11:00
deed of 27-06-2022 (in Dutch)
Peppol
Reachable since 30-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SPIVAN in Dutch
Former name
N.V. SPIVAN until the deed of 27-06-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-06-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 27-06-2022 (in Dutch)

Activities

NACEBEL 2025
46216 Wholesale of agricultural produce and animal feed, general range main activity
46231 Wholesale of live animals
Codes under NACEBEL 2008
46216 Wholesale of agricultural produce and animal feed, general range main activity
46231 Wholesale of live animals
Codes under NACEBEL 2003
51230 main activity
51210
PurposeThe purpose describes the activities the company may carry out under its articles.
“De uitbating van een landbouwbedrijf,het kweken,opfokken en vetmesten van groot-,klein- en pluimvee; De handel in levende…”
9 activities
  1. De uitbating van een landbouwbedrijf,het kweken,opfokken en vetmesten van groot-,klein- en pluimvee
  2. De handel in levende dieren(groot-,klein- en pluimvee)
  3. De handel in veevoeders
  4. De handel in inlandse granen
  5. De handel in foerage en stro
  6. Het beroep van molenaar
  7. Het uitbaten van een openbare weegbrug
  8. Het uitbaten van een onderneming voor het uitvoeren van diverse land- en tuinbouwwerken en van werken in verband met de veeteelt voor rekening van derden
  9. De handel in meststoffen,zowel dierlijke als scheidkundige
deed of 27-06-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Bruggesteenweg 20 registered office 8755 Wingene 03-02-1993 2.060.597.229 Wholesaler of raw materials
Wholesaler of compound feed

Buildings and parcels at the address

Ground area
1,850 m²
Buildings
519 m²
Volume, LiDAR
2,115 m³
Tallest building
6.2 m
Buildings to scale, each on its own parcel
519 m², 6.2 m 519 m², 6.2 m

Location

registered office establishment The establishment unit on the map
6 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
37012B0009/00C0001,850 m² 1 · 519 m² 6.2 m · 1

Recognitions

Food safety, FASFC

1 site
Wingeneunit number 2.060.597.229
2 permissions
Wholesaler of raw materials · since 03-02-2010
Authorisation · Wholesaler of compound feed · since 31-01-2000

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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