SPLENDOR H
ActiveSummary
The computed 12-month bankruptcy probability of SPLENDOR H is 2.3% (moderate). The 2025 annual accounts show equity of €256k and a net result of €-17k. Equity is shrinking by ~15.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+8
Solvency34=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.04 in 2024; short-term debt: 3.1% and cash: 0.5% of total assets), and 90.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-17k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
21 d late
2022
29 d late
2021
30 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€256k▼ 6.4%
2024 · €273k
2021: €470k
2022: €425k
2023: €330k
2024: €273k
2021 → 2025
Total assets
€2.78M▼ 4.1%
2024 · €2.90M
2021: €3.24M
2022: €3.12M
2023: €3.00M
2024: €2.90M
2021 → 2025
Net result
€-17k▲ 69.5%
2024 · €-57k
2021: €-30k
2022: €-45k
2023: €-95k
2024: €-57k
2021 → 2025
Working capital
€-73k▲ 86.6%
2024 · €-544k
2021: €-2.36M
2022: €-2.00M
2023: €-554k
2024: €-544k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€470k-€425k▼ 9.5%€330k▼ 22.3%€273k▼ 17.2%€256k▼ 6.4%
Operating result€-17k-€-26k▼ 58.7%€-15k▲ 43.8%€12k€45k▲ 277%
Net result€-30k-€-45k▼ 48.6%€-95k▼ 113%€-57k▲ 40.1%€-17k▲ 69.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 277% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.78M
Fixed assets
€2.77M ▼ 3.8%
Current assets
€13k ▼ 40.5%
Equity and liabilities €2.78M
Equity
€256k ▼ 6.4%
Debt
€2.52M ▼ 3.8%
Debt's share of the balance-sheet total rises from 90.6% to 90.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€154k▲
2024 · €121k
Cash flow
€92k▲
2024 · €52k
Current ratio
0.15▲
2024 · 0.04
Debt to equity
9.86▲
2024 · 9.60
ROE
-6.8%▲
2024 · -20.8%
ROA
-0.6%▲
2024 · -2.0%
Interest coverage
2.48▲
2024 · 1.76
Debt ≤ 1 year
€86k▼
2024 · €566k
Debt > 1 year
€2.44M▲
2024 · €2.06M
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.90M€2.78M▼
Fixed assets21/28€2.88M€2.77M▼
Tangible fixed assets22/27€2.88M€2.77M▼
Land and buildings22€2.78M€2.69M▼
Furniture and vehicles24€94k€79k▼
Current assets29/58€21k€13k▼
Cash at bank and in hand54/58€21k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.90M€2.78M▼
Equity10/15€273k€256k▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Profit (loss) carried forward14€-227k€-244k▼
Amounts payable17/49€2.62M€2.52M▼
Amounts payable after more than one year17€2.06M€2.44M▲
Financial debts170/4€1.11M€1.53M▲
Other amounts payable178/9€952k€911k▼
Amounts payable within one year42/48€566k€86k▼
Current portion of amounts payable after more than one year42€43k€65k▲
Financial debts43€500k-
Credit institutions430/8€500k-
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Advances received on contracts in progress46€940€465▼
Other amounts payable47/48€17k€18k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€109k=
Other operating charges640/8€12k€13k▲
Gross operating margin9900€133k€166k▲
Operating profit (loss)9901€12k€45k▲
Financial charges65/66B€69k€62k▼
Recurring financial charges65€69k€62k▼
Profit (loss) for the period before taxes9903€-57k€-17k▲
Profit (loss) for the period9904€-57k€-17k▲
Profit (loss) for the period to be appropriated9905€-57k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-227k€-244k▼
Profit (loss) brought forward from the previous period14P€-170k€-227k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Weakest financial yearnet €-95k
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Juprelle
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Centenaire 954452 JuprelleGround area
5,209 m²
Building footprint
202 m²
Volume, LiDAR
1,342 m³
Parcel 62080A0398/00C000, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62080A0398/00C000 | Wallonia | 5,209 m² | 1 · 202 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-03-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.