SPLASH
ActiveSummary
SPLASH has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €20k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 903 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-2
Solvency96▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.09 in 2024; short-term debt: 29% and cash: 52% of total assets), and 29% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71%
Return on assets
7.1%
Age of the figures
9 mo
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 filingsDeviation from the deadline
2025
on the day
2024
55 d early
2023
7 d late
2022
28 d late
2021
5 d early
2020
30 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€199k▲ 12.4%
2024 · €177k
2018: €101k
2019: €99k▼ -2.2% vs 2018
2020: €49k▼ -50.6% vs 2019lowest in 8 years
2021: €102k▲ +109% vs 2020
2022: €106k▲ +3.5% vs 2021
2023: €150k▲ +42.0% vs 2022
2024: €177k▲ +18.0% vs 2023
2025: €199k▲ +12.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€281k▼ 8.9%
2024 · €308k
2018: €136k
2019: €148k▲ +9.0% vs 2018
2020: €98k▼ -33.4% vs 2019lowest in 8 years
2021: €147k▲ +49.7% vs 2020
2022: €220k▲ +49.2% vs 2021
2023: €257k▲ +17.1% vs 2022
2024: €308k▲ +19.9% vs 2023highest in 8 years
2025: €281k▼ -8.9% vs 2024
2018 → 2025
Net result
€20k▼ 25.9%
2024 · €27k
2018: €19k
2019: €-2k▼ -112% vs 2018
2020: €-50k▼ -2101% vs 2019lowest in 8 years
2021: €53k▲ +207% vs 2020highest in 8 years
2022: €4k▼ -93.3% vs 2021
2023: €44k▲ +1144% vs 2022
2024: €27k▼ -39.3% vs 2023
2025: €20k▼ -25.9% vs 2024
2018 → 2025
Working capital
€71k▲ 535%
2024 · €11k
2018: €46k
2019: €33k▼ -28.9% vs 2018
2020: €-21k▼ -165% vs 2019lowest in 8 years
2021: €50k▲ +333% vs 2020
2022: €-21k▼ -142% vs 2021
2023: €32k▲ +253% vs 2022
2024: €11k▼ -65.0% vs 2023
2025: €71k▲ +535% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€106k▲ 3.5%€150k▲ 42.0%€177k▲ 18.0%€199k▲ 12.4%
2021: €102klowest in 5 years
2022: €106k▲ +3.5% vs 2021
2023: €150k▲ +42.0% vs 2022
2024: €177k▲ +18.0% vs 2023
2025: €199k▲ +12.4% vs 2024highest in 5 years
Operating result€60k-€8k▼ 87.5%€66k▲ 779%€35k▼ 47.4%€32k▼ 9.2%
2021: €60k
2022: €8k▼ -87.5% vs 2021lowest in 5 years
2023: €66k▲ +779% vs 2022highest in 5 years
2024: €35k▼ -47.4% vs 2023
2025: €32k▼ -9.2% vs 2024
Net result€53k-€4k▼ 93.3%€44k▲ 1,144%€27k▼ 39.3%€20k▼ 25.9%
2021: €53khighest in 5 years
2022: €4k▼ -93.3% vs 2021lowest in 5 years
2023: €44k▲ +1144% vs 2022
2024: €27k▼ -39.3% vs 2023
2025: €20k▼ -25.9% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281k
Fixed assets
€128k ▼ 22.8%
Current assets
€153k ▲ 7.3%
Equity and liabilities €281k
Equity
€199k ▲ 12.4%
Debt
€82k ▼ 37.8%
Debt's share of the balance-sheet total falls from 42.5% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▲
2024 · €93k
Cash flow
€83k▼
2024 · €86k
Current ratio
1.87▲
2024 · 1.09
Debt to equity
0.41▼
2024 · 0.74
ROE
10.0%▼
2024 · 15.2%
ROA
7.1%▼
2024 · 8.8%
Interest coverage
27.12▼
2024 · 31.36
Debt ≤ 1 year
€82k▼
2024 · €131k
Income taxes
€8k▲
2024 · €5k
Staff costs
€11k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€308k€281k▼
Fixed assets21/28€166k€128k▼
Tangible fixed assets22/27€166k€128k▼
Plant, machinery and equipment23€148k€125k▼
Furniture and vehicles24€18k€3k▼
Current assets29/58€142k€153k▲
Amounts receivable within one year40/41€7k€6k▼
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€135k€146k▲
Deferred charges and accrued income490/1€795-
Equity and liabilities
Total equity and liabilities10/49€308k€281k▼
Equity10/15€177k€199k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€130k€152k▲
Distributable reserves133€130k€152k▲
Profit (loss) carried forward14€28k€28k=
Amounts payable17/49€131k€82k▼
Amounts payable within one year42/48€131k€82k▼
Current portion of amounts payable after more than one year42€88k€54k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€41k€26k▼
Taxes450/3€41k€26k▼
Remuneration and social security454/9€296-
Income statement
Code20242025
Remuneration, social security and pensions62€8k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€63k▲
Other operating charges640/8€7k€8k▲
Gross operating margin9900€109k€113k▲
Operating profit (loss)9901€35k€32k▼
Financial income75/76B€118€66▼
Recurring financial income75€118€66▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€32k€28k▼
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€27k€20k▼
Profit (loss) for the period to be appropriated9905€27k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€48k▼
Profit (loss) brought forward from the previous period14P€28k€28k=
Transfer to equity691/2€27k€20k▼
To other reserves6921€27k€20k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7k | €5k | €7k | €8k | €11k | ▲ 26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €43k | €44k | €59k | €63k | ▲ 7.6% |
| Other operating charges640/8 | €4k | €5k | €7k | €7k | €8k | ▲ 7.4% |
| Gross operating margin9900 | €92k | €61k | €124k | €109k | €113k | ▲ 3.7% |
| Operating profit (loss)9901 | €60k | €8k | €66k | €35k | €32k | ▼ 9.2% |
| Financial income75/76B | - | - | - | €118 | €66 | ▼ 44.0% |
| Recurring financial income75 | - | - | - | €118 | €66 | ▼ 44.0% |
| Financial charges65/66B | €2k | €4k | €3k | €3k | €3k | ▲ 17.2% |
| Recurring financial charges65 | €2k | €4k | €3k | €3k | €3k | ▲ 17.2% |
| Profit (loss) for the period before taxes9903 | €58k | €4k | €63k | €32k | €28k | ▼ 11.8% |
| Income taxes67/77 | €5k | €358 | €18k | €5k | €8k | ▲ 66.2% |
| Profit (loss) for the period9904 | €53k | €4k | €44k | €27k | €20k | ▼ 25.9% |
| Profit (loss) for the period to be appropriated9905 | €53k | €4k | €44k | €27k | €20k | ▼ 25.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147k | €220k | €257k | €308k | €281k | ▼ 8.9% |
| Fixed assets21/28 | €52k | €127k | €118k | €166k | €128k | ▼ 22.8% |
| Tangible fixed assets22/27 | €52k | €127k | €118k | €166k | €128k | ▼ 22.8% |
| Plant, machinery and equipment23 | €18k | €74k | €86k | €148k | €125k | ▼ 15.7% |
| Furniture and vehicles24 | €35k | €53k | €33k | €18k | €3k | ▼ 80.8% |
| Current assets29/58 | €95k | €93k | €139k | €142k | €153k | ▲ 7.3% |
| Amounts receivable within one year40/41 | €800 | €7k | €21k | €7k | €6k | ▼ 7.3% |
| Other amounts receivable41 | €800 | €7k | €21k | €7k | €6k | ▼ 7.3% |
| Cash at bank and in hand54/58 | €94k | €85k | €117k | €135k | €146k | ▲ 8.7% |
| Deferred charges and accrued income490/1 | - | €756 | €778 | €795 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147k | €220k | €257k | €308k | €281k | ▼ 8.9% |
| Equity10/15 | €102k | €106k | €150k | €177k | €199k | ▲ 12.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | €19k | - | - | - |
| Issued capital100 | €19k | €19k | €19k | - | - | - |
| Outside capital11 | - | - | - | €19k | €19k | = |
| Share premium1100/10 | - | - | - | €19k | €19k | = |
| Reserves13 | €55k | €59k | €103k | €130k | €152k | ▲ 16.9% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Legal reserve130 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €53k | €57k | €102k | €130k | €152k | ▲ 16.9% |
| Profit (loss) carried forward14 | €28k | €28k | €28k | €28k | €28k | = |
| Amounts payable17/49 | €45k | €114k | €107k | €131k | €82k | ▼ 37.8% |
| Amounts payable within one year42/48 | €45k | €114k | €107k | €131k | €82k | ▼ 37.8% |
| Current portion of amounts payable after more than one year42 | €24k | €86k | €70k | €88k | €54k | ▼ 39.0% |
| Trade debts44 | €373 | €536 | €2k | €2k | €1k | ▼ 10.2% |
| Suppliers440/4 | €373 | €536 | €2k | €2k | €1k | ▼ 10.2% |
| Taxes, remuneration and social security45 | €17k | €24k | €35k | €41k | €26k | ▼ 36.2% |
| Taxes450/3 | €16k | €24k | €35k | €41k | €26k | ▼ 35.8% |
| Remuneration and social security454/9 | €325 | €314 | - | €296 | - | - |
| Other amounts payable47/48 | €4k | €3k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53k | €4k | €44k | €27k | €20k | ▼ 25.9% |
| + Depreciation and write-downs630 | €21k | €43k | €44k | €59k | €63k | ▲ 7.6% |
| Operating cash flow (approximation) | €74k | €47k | €88k | €86k | €83k | ▼ 2.9% |
| Investment in fixed assets (approximation) | - | €-118k | €-35k | €-106k | €-25k | ▲ 76.3% |
| Change in cash | - | €-9k | €31k | €18k | €12k | ▼ 34.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Equity above €150kEq €150k ▲42%
3 profitable years in a row build equity to €150k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €53k
Net result €53k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.11
Current ratio from 0.57 to 2.11; short-term debt falls from €49k to €45k.
31-12
Financial
Equity above €100kEq €102k ▲109%
Equity rises from €49k to €102k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
Show earlier events
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 1996
Ground area
1,639 m²
Building footprint
573 m²
Volume, LiDAR
3,091 m³
Parcel 23047B0012/00E000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Petrus Turcksinstraat 34, 1830 Machelen (Brab.)
since 19962.032.484.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047B0012/00E000 | Flanders | 1,639 m² | 1 · 573 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 682 EUR awarded · 682 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 682 EUR | 682 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,034 companies in sector 93291 we hold annual accounts for 161. 133 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-11-1987
Fiscal year end31-12
Activities, NACEBEL 2025
93291Operation of fairground attractions
Scores and ratios are computed by Checked and are not a credit decision.