SPMK
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-01-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €3,782, smaller than the loss of €101,570 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Average over the year, in full-time equivalents | 1 | - |
| Joined | 2 | 0 |
| Left | 2 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €8,069 | - |
| Depreciation and write-downs of the year | €1,892 | €1,614 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €54,364 | €220 | ▼ 99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,892 | €1,614 | ▼ 14.7% |
| Other operating charges640/8 | €585 | €120 | ▼ 79.5% |
| Gross operating margin9900 | -€44,728 | -€1,828 | ▲ 95.9% |
| Operating profit (loss)9901 | -€101,570 | -€3,782 | ▲ 96.3% |
| Financial charges65/66B | €590 | €39 | ▼ 93.4% |
| Recurring financial charges65 | €590 | €39 | ▼ 93.4% |
| Profit (loss) for the period before taxes9903 | -€102,160 | -€3,821 | ▲ 96.3% |
| Profit (loss) for the period9904 | -€102,160 | -€3,821 | ▲ 96.3% |
| Profit (loss) for the period to be appropriated9905 | -€102,160 | -€3,821 | ▲ 96.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €139,283 | €134,072 | ▼ 3.7% |
| Fixed assets21/28 | €6,176 | €4,563 | ▼ 26.1% |
| Tangible fixed assets22/27 | €6,176 | €4,563 | ▼ 26.1% |
| Furniture and vehicles24 | €6,176 | €4,563 | ▼ 26.1% |
| Current assets29/58 | €133,107 | €129,510 | ▼ 2.7% |
| Amounts receivable within one year40/41 | €70,334 | €66,888 | ▼ 4.9% |
| Trade receivables40 | €69,811 | €66,643 | ▼ 4.5% |
| Other amounts receivable41 | €523 | €245 | ▼ 53.2% |
| Cash at bank and in hand54/58 | €62,773 | €62,622 | ▼ 0.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €139,283 | €134,072 | ▼ 3.7% |
| Equity10/15 | -€82,160 | -€85,981 | ▼ 4.7% |
| Contributions10/11 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€102,160 | -€105,981 | ▼ 3.7% |
| Amounts payable17/49 | €221,443 | €220,054 | ▼ 0.6% |
| Amounts payable within one year42/48 | €218,943 | €219,054 | ▲ 0.1% |
| Trade debts44 | €218,943 | €219,054 | ▲ 0.1% |
| Suppliers440/4 | €218,943 | €219,054 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | €2,500 | €1,000 | ▼ 60.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€102,160 | -€3,821 | ▲ 96.3% |
| + Depreciation and write-downs630 | €1,892 | €1,614 | ▼ 14.7% |
| Operating cash flow (approximation) | -€100,268 | -€2,207 | ▲ 97.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€151 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,555 companies had the same profile as SPMK has now. Two years later, 91.6% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SPMK itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,555 companies, not a prediction for SPMK. 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.