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Splash

Active
Private limited companyfounded 20241 yr activeFoxemaatstraat (Ab) 135, 2920 Kalmthout, BelgiumKBO/BCE: BE 1017.004.121
Summary

The computed 12-month bankruptcy probability of Splash is 2.1% (moderate). The 2025 annual accounts show negative equity (-€9,692) and a net result of -€11,692. Its solvency ranks better than 5% of 483 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency5
Growth-
Track record67
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2; short-term debt: 120.1% and cash: 7.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-20.1%
Return on assets
-24.3%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Splash was incorporated on 5 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€9,692
Total assets
€48,113
Net result
-€11,692
Working capital
-€46,245

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €48,113
Fixed assets €36,553
Current assets €11,561
Key figures and ratios
2025 value
EBITDA
-€1,669
Cash flow
-€1,841
Solvency
-20.1%
Current ratio
0.20
Debt to equity
-5.96
ROA
-24.3%
Interest coverage
-9.70
Debt
€57,805
Debt ≤ 1 year
€57,805
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€48,113
Fixed assets21/28€36,553
Tangible fixed assets22/27€36,553
Furniture and vehicles24€36,553
Current assets29/58€11,561
Amounts receivable within one year40/41€7,865
Trade receivables40€7,865
Cash at bank and in hand54/58€3,696
Equity and liabilities
Total equity and liabilities10/49€48,113
Equity10/15-€9,692
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14-€11,692
Amounts payable17/49€57,805
Amounts payable within one year42/48€57,805
Trade debts44€1,379
Suppliers440/4€1,379
Taxes, remuneration and social security45€2,924
Taxes450/3€1,590
Remuneration and social security454/9€1,335
Other amounts payable47/48€53,502
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,851
Other operating charges640/8€16,165
Gross operating margin9900€14,496
Operating profit (loss)9901-€11,520
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903-€11,692
Profit (loss) for the period9904-€11,692
Profit (loss) for the period to be appropriated9905-€11,692
Appropriation of the result
Profit (loss) to be appropriated9906-€11,692

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,851
Other operating charges640/8€16,165
Gross operating margin9900€14,496
Operating profit (loss)9901-€11,520
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903-€11,692
Profit (loss) for the period9904-€11,692
Profit (loss) for the period to be appropriated9905-€11,692
Line2025
Assets
Total assets20/58€48,113
Fixed assets21/28€36,553
Tangible fixed assets22/27€36,553
Furniture and vehicles24€36,553
Current assets29/58€11,561
Amounts receivable within one year40/41€7,865
Trade receivables40€7,865
Cash at bank and in hand54/58€3,696
Equity and liabilities
Total equity and liabilities10/49€48,113
Equity10/15-€9,692
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14-€11,692
Amounts payable17/49€57,805
Amounts payable within one year42/48€57,805
Trade debts44€1,379
Suppliers440/4€1,379
Taxes, remuneration and social security45€2,924
Taxes450/3€1,590
Remuneration and social security454/9€1,335
Other amounts payable47/48€53,502
Line2025
Profit (loss) for the period9904-€11,692
+ Depreciation and write-downs630€9,851
Operating cash flow (approximation)-€1,841

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kalmthout · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,936 m²
Building footprint
258 m²
Volume, LiDAR
1,241 m³
Parcel 11662D0722/00F002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Splash
Foxemaatstraat (Ab) 135, 2920 KalmthoutRepair, maintenance and installation of machinery and equipment
since 20242.367.158.504
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11662D0722/00F002 Flanders 1,936 m² 1 · 258 m² 9.8 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,718 companies in sector 33120 we hold annual accounts for 1,345. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery

Scores and ratios are computed by Checked and are not a credit decision.