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SPL Projects

Active
Private limited company·Ontwikkeling van residentiële bouwprojecten· 4 yrs active
Liersesteenweg 85B ·2220 Heist-op-den-Berg, Belgium
KBO/BCE: BE 0787.642.671
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SPL Projects is 0.8% (low). The 2024 annual accounts show equity of €74k and a net result of €26k. Equity is growing by ~51% per year across the filed fiscal years. Its solvency ranks better than 73% of 4949 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€26k+9.4%
Working capital€46k+357.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 10-06-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30k€40kOperating result 2022: €30k€30kNet result 2022: €23k€23kOperating result 2023: €32k€32kNet result 2023: €24k€24kOperating result 2024: €36k€36kNet result 2024: €26k€26k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~51%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k2025: €99k (€93k - €105k)2026: €124k (€118k - €130k)2027: €148k (€142k - €154k)2022: €25k2023: €48k2024: €74k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 49.7% 16.7%
better than 73% of 4949 sector peers
Net result €26k €2k
better than 76% of 4941 sector peers
Equity €74k €27k
better than 68% of 4952 sector peers
Gross operating margin €56k €27k
better than 69% of 4935 sector peers
Total assets €149k €302k
better than 35% of 4951 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P73
2022: P62 · n=31792023: P81 · n=42612024: P73 · n=49492022 2024
Stable position over 2022-2024 · n=3179-4949
Net result P76
2022: P75 · n=31712023: P75 · n=42492024: P76 · n=49412022 2024
Stable position over 2022-2024 · n=3171-4941
Equity P68
2022: P49 · n=31822023: P61 · n=42622024: P68 · n=49522022 2024
Improving position over 2022-2024 · n=3182-4952
Gross operating margin P69
2022: P57 · n=31652023: P61 · n=42372024: P69 · n=49352022 2024
Improving position over 2022-2024 · n=3165-4935
Describes the position versus peers, not a forecast.
EBITDA
€51k
+47.4% 22-24
Net profit
€26k
+9.4% 22-24
Cash flow
€41k
+52.2% 22-24
Total assets
€149k
+100.4% 22-24
Equity
€74k
+53.2% 22-24
Working capital
€46k
+357.4% 22-24
Income taxes
€8k
+10.4% 22-24
Debt
€75k
+187.9% 22-24
Debt ≤ 1y
€36k
+83.8% 22-24
Debt > 1y
€39k
+591.9% 22-24
Current ratio
2.28
+50.7% 22-24
Quick ratio
2.28
+50.7% 22-24
Solvency
49.7%
-23.5% 22-24
Debt / equity
1.01
+87.9% 22-24
ROE
34.7%
-28.6% 22-24
ROA
17.3%
-45.4% 22-24
Interest coverage
22.67
-71.0% 22-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€51k
Net profit€26k
Cash flow€41k
Staff costs-
Income taxes€8k
Dividends-
Total assets€149k
Equity€74k
Debt€75k
of which ≤ 1y€36k
of which > 1y€39k
Working capital€46k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.28
Quick ratio2.28
Working capital ratio30.9%
Solvency49.7%
Debt / equity1.01
Long-term debt ratio0.53
Interest coverage22.67
Gross margin-
Net margin-
ROA17.3%
ROE34.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€149k
Fixed assets 21/28€67k
Tangible fixed assets 22/27€67k
Current assets 29/58€82k
Amounts receivable within one year 40/41€51k
Cash & bank 54/58€31k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€149k
Equity 10/15€74k
Contributions / capital 10/11€2k
Reserves 13€72k
Amounts payable 17/49€75k
Amounts payable after one year 17€39k
Amounts payable within one year 42/48€36k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€56k
Operating result 9901€36k
Financial income 75€123
Financial charges 65€2k
Result before taxes 9903€34k
Income taxes 67/77€8k
Net result for the period 9904€26k
Result to be appropriated 9905€26k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
SPL Projects
Liersesteenweg 85 B, 2220 Heist-op-den-BergOntwikkeling van residentiële bouwprojecten
since 20222.333.418.340
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,548 m²
Buildings2
Building footprint315 m²
Volume (LiDAR)757 m³
Tallest building9.7 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12322F1155/00W000 Flanders 1,561 m² 1 · 153 m² 9.7 m · 1 fl.
12322F1155/00A002 Flanders 987 m² 1 · 162 m² -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability100Solvency95Growth78Stability94
92 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 100
Solvency 95
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Installatie van isolatie43230Isolatiewerkzaamheden43291Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Overige gespecialiseerde bouwwerkzaamheden43999Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
Legal nameNL SPL Projects
Registered office
Liersesteenweg 85B
2220 Heist-op-den-Berg, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.