Equity
€3.7m ▼ 2.4%
Splendit paid out €1.0m in dividends. That is 110% of the 2025 profit.
Splendit
Lifetime
3 annual accounts with figures on one time axispeak €6.0m (2023)
€4.9m▲ 3.8%
peak €1.5m (2023)
€911,276▼ 20.7%
peak €3.8m (2024)
€3.7m▼ 2.4%
€8.4m▲ 46.4%
peak 24.6 FTE (2025)
24.6 FTE▲ 20.0%
Board2 names since 2022
2 directorsParallel Universe and 1 other
Owners
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Staff from 20.5 FTE to 24.6 FTEDividend €1.0mDebts from €5.7m to €8.4mCash from €796,913 to €1.2m
Key points
from the 2025 annual accountsTurnover
≈ €8.4m estimated
The abbreviated format states no turnover.
Debts
€8.4m ▲ 46.4%
Debts rose by €2.7m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€3.5m 1.8 × depreciation
Green is investment, beige is depreciation.
Staff
25 employees on 31-12-2025
In 2025, 39 people joined and 38 left.
Position in the sector
€911,276
Higher net result than 95% of companies in rental and leasing. Sector median €16,923 · 1,142 companies.
Checked score
94
Excellent
Financially stronger than 51% of small companies in rental and leasing (NACE 77)
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 466 companies (NACE 77, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.1%▲ +0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.5 percentage points vs 07-2025
09-2025: 1.9%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.4%▼ -1.5 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.4%▼ -0.1 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Activity since 2009 (company founded in 2022)
Size: 24.6 FTE, total assets €12.0m
Figures for financial year 2025 (filed on 04-08-2026)
Profit of €911,276 (financial year 2025)
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 77, small). It does better than 44% of them on solvency, 60% on liquidity, 72% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 3,127 companies had the same profile as Splendit has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of Splendit itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 3,127 companies, not a prediction for Splendit. 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 €340,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.51 in 2024), below the usual 1.5. Short-term debt is 29.9% and cash 10% of total assets. 69.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 · 3 filingsDeviation from the deadline
2025
on the day
2024
26 days late
2023
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 9 days after the deadline. In the sector (NACE 77), 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 1 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
S
SPLENDIT
Director
- The Show Must Go On 100%equity €1.6m (2025) · 2025 annual accounts of The Show Must Go On
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0793196021
Transfer: SPLENDIT BV transfers a branch of activity or a universality to Splendit Accent BV
Company renamed from Splendit Accent to SPLENDIT · Capital contribution of €1,095,099.07 · Contribution: SPLENDIT BV · General meeting of 23-12-2022 · Gazette deed
Transfer proposal: Splendit transfers a branch of activity to Splendit Accent
Permanent representative: Marijn Broeckaert · Splendit holds all the shares · Name clause: Splendit Accent · Gazette deed
Incorporation
Founding capital of €10,000 · Founder: SPLENDIT (enige oprichtster) · Appointment: SPLENDIT (director) · published on 04-11-2022 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| Splendit Aalst | €12.0m | €4.9m | 30.5% | 24.6 |
| AVP Brussels | €2.2m | €1.6m | 27.2% | 24.2 |
| TSF Belgique Ans | €5.7m | €1.6m | 62.4% | 10.6 |
| SVH-Productions Mol | €2.6m | €1.3m | 15.2% | 11.4 |
| 4 INFINITY Mechelen | €5.7m | €2.3m | 30.9% | 8.4 |
| CUBE RENTING Trois-Ponts | €1.9m | €0.6m | 9.8% | 7 |
| DNP PHOTO IMAGING BELGIUM Forest | €3.5m | - | 65.3% | 11.8 |
These companies have the same main activity as Splendit: rental and leasing activities (NACE 77222). They are smaller than Splendit: total assets between €1.9m and €5.7m, founded between 2005 and 2017.
Official details
Source: KBO- Status
- Active since 02-11-2022Normal situation
- Activity
- Rental and leasing activitiesNACE 77222and 1 other
- Establishment unit
- 2.342.598.6969320 Aalst, since 02-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-03-2025
Annual accounts 2025
- €12.0m▲ 27.0%
- Employeeson 31-12-2025
- 25▲ 4.2%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Splendit
Splendit files the abbreviated format. That format states no turnover. The gross margin fell from €6.0m in 2023 to €4.9m in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
The Show Must Go On holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Splendit
- What is the company number of Splendit?
- The company number of Splendit is 0793.196.021. The VAT number is the same number with BE in front: BE 0793.196.021.
- Where is Splendit based?
- The registered office is at Waterkeringstraat 13, 9320 Aalst.Company details
- What does Splendit do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77222).
- What is the legal form of Splendit?
- Splendit is a private limited company (BV).
- When was Splendit founded?
- Splendit was founded on 02-11-2022.
- Is Splendit still active?
- Yes, Splendit is an active enterprise in the KBO register.
- How many employees does Splendit have?
- Splendit had an average of 24.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Splendit?
- The turnover in financial year 2025 is ≈ €8.4m. This figure is estimated from the gross margin of €4.9m and 1,585 comparable companies of the same size. It probably lies between €5.7m and €14.0m. It is a rough estimate.
- Is Splendit profitable?
- In financial year 2025, Splendit made a profit of €911,276.
- Where can I find the annual accounts of Splendit?
- Splendit filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Splendit due?
- Splendit must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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