SPOC TECHNICAL SERVICES
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 26-05-2026 PDF all 6 filings
Turnover
≈ €350,000
Estimated: probably between €280,000 and €490,000
Total assets
€309,060▼ 0.2%
2024 · €309,719
Net result
-€6,256
2024 · €12,547
Working capital
€101,700▼ 5.8%
2024 · €107,956
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
-€5,408
2025
20202025
Net result
-€6,256
2025
lowest quarter of the sector
20202025
Equity
€101,700
▼ 5.8%
2025
middle half of the sector
20202025
Total assets
€309,060
▼ 0.2%
2025
middle half of the sector
20202025
Debt
€207,360
▲ 2.8%
2025
20202025
Working capital
€101,700
▼ 5.8%
2025
highest quarter of the sector
20202025
Solvency
32.9%
▼ 1.9pp
2025
middle half of the sector
20202025
Current ratio
1.49
▼ 0.04
2025
middle half of the sector
20202025
Return on assets (ROA)
-2.0%
▼ 6.1pp
2025
lowest quarter of the sector
20202025
Staff (FTE)
3.4
2025
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€12,057-€6,348▼ 47.4%€23,072▲ 263%€81,397▲ 253%€21,543▼ 73.5%-€5,408
Net result€12,016within the sector's middle half-€1,701within the sector's middle half▼ 85.8%€18,094within the sector's middle half▲ 964%€57,598above the sector's middle half▲ 218%€12,547within the sector's middle half▼ 78.2%-€6,256below the sector's middle half
Equity€18,016within the sector's middle half-€19,717within the sector's middle half▲ 9.4%€37,811within the sector's middle half▲ 91.8%€95,409within the sector's middle half▲ 152%€107,956within the sector's middle half▲ 13.2%€101,700within the sector's middle half▼ 5.8%
Total assets€105,472within the sector's middle half-€28,636below the sector's middle half▼ 72.8%€95,400within the sector's middle half▲ 233%€172,119within the sector's middle half▲ 80.4%€309,719within the sector's middle half▲ 79.9%€309,060within the sector's middle half▼ 0.2%
Debt€87,456-€8,919▼ 89.8%€57,589▲ 546%€76,710▲ 33.2%€201,763▲ 163%€207,360▲ 2.8%
Working capital€14,287within the sector's middle half-€19,497within the sector's middle half▲ 36.5%€37,811within the sector's middle half▲ 93.9%€96,170above the sector's middle half▲ 154%€107,956above the sector's middle half▲ 12.3%€101,700above the sector's middle half▼ 5.8%
Solvency17.1%within the sector's middle half-68.9%within the sector's middle half▲ 51.8pp39.6%within the sector's middle half▼ 29.2pp55.4%within the sector's middle half▲ 15.8pp34.9%within the sector's middle half▼ 20.6pp32.9%within the sector's middle half▼ 1.9pp
Current ratio1.16within the sector's middle half-3.19within the sector's middle half▲ 2.021.66within the sector's middle half▼ 1.532.27within the sector's middle half▲ 0.611.54within the sector's middle half▼ 0.731.49within the sector's middle half▼ 0.04
Return on assets (ROA)11.4%within the sector's middle half-5.9%within the sector's middle half▼ 5.5pp19.0%within the sector's middle half▲ 13.0pp33.5%above the sector's middle half▲ 14.5pp4.1%within the sector's middle half▼ 29.4pp-2.0%below the sector's middle half▼ 6.1pp
Staff (FTE)3.4
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €5,408, after a profit of €21,543 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €309,060
Equity
€101,700 ▼ 5.8%
Debt
€207,360 ▲ 2.8%
Debt's share of the balance-sheet total rises from 65.1% to 67.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
2.04▲
2024 · 1.87
ROE
-6.2%▼
2024 · 11.6%
Debt ≤ 1 year
€207,360▲
2024 · €201,763
Staff costs
€240,522▼
2024 · €282,425
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 3 |
| in full-time equivalents | 3 |
| Average over the year, in full-time equivalents | 3.4 |
| On a permanent contract | 2 |
| Joined | 2 |
| Left | 1 |
Source: social balance sheet in the 2025 annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €139,823 | €91,010 | €239,140 | €282,425 | €240,522 | ▼ 14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €440 | €330 | €220 | - | - | - | - |
| Other operating charges640/8 | - | €150 | €5,346 | €422 | €193 | €195 | ▲ 1.0% |
| Gross operating margin9900 | €249,043 | €146,651 | €119,649 | €320,958 | €304,161 | €235,309 | ▼ 22.6% |
| Operating profit (loss)9901 | €12,057 | €6,348 | €23,072 | €81,397 | €21,543 | -€5,408 | - |
| Financial income75/76B | - | - | - | €169 | - | - | - |
| Recurring financial income75 | - | - | - | €169 | - | - | - |
| Financial charges65/66B | - | €55 | €39 | €815 | €3,496 | €848 | ▼ 75.7% |
| Recurring financial charges65 | €42 | €55 | €39 | €815 | €3,496 | €848 | ▼ 75.7% |
| Profit (loss) for the period before taxes9903 | €12,016 | €6,293 | €23,033 | €80,751 | €18,047 | -€6,256 | - |
| Income taxes67/77 | - | €4,592 | €4,939 | €23,153 | €5,500 | - | - |
| Profit (loss) for the period9904 | €12,016 | €1,701 | €18,094 | €57,598 | €12,547 | -€6,256 | - |
| Profit (loss) for the period to be appropriated9905 | €12,016 | €1,701 | €18,094 | €57,598 | €12,547 | -€6,256 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €105,472 | €28,636 | €95,400 | €172,119 | €309,719 | €309,060 | ▼ 0.2% |
| Fixed assets21/28 | €4,436 | €220 | - | - | - | - | - |
| Tangible fixed assets22/27 | €551 | €220 | - | - | - | - | - |
| Furniture and vehicles24 | - | €220 | - | - | - | - | - |
| Financial fixed assets28 | €3,885 | - | - | - | - | - | - |
| Current assets29/58 | €101,036 | €28,416 | €95,400 | €172,119 | €309,719 | €309,060 | ▼ 0.2% |
| Amounts receivable within one year40/41 | €72,283 | €13,942 | €73,332 | €145,867 | €291,816 | €262,217 | ▼ 10.1% |
| Trade receivables40 | - | €7,957 | €73,332 | €85,024 | €233,532 | €234,970 | ▲ 0.6% |
| Other amounts receivable41 | - | €5,985 | - | €60,843 | €58,284 | €27,247 | ▼ 53.3% |
| Cash at bank and in hand54/58 | €25,337 | €14,338 | €20,455 | €24,917 | €17,904 | €17,356 | ▼ 3.1% |
| Deferred charges and accrued income490/1 | - | €136 | €1,612 | €1,335 | - | €29,487 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €105,472 | €28,636 | €95,400 | €172,119 | €309,719 | €309,060 | ▼ 0.2% |
| Equity10/15 | €18,016 | €19,717 | €37,811 | €95,409 | €107,956 | €101,700 | ▼ 5.8% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €12,016 | €13,717 | €31,811 | €89,409 | €101,956 | €101,956 | = |
| Non-distributable reserves130/1 | - | €600 | €600 | €600 | €600 | €600 | = |
| Reserves not available under the articles1311 | - | €600 | €600 | €600 | €600 | €600 | = |
| Distributable reserves133 | - | €13,117 | €31,211 | €88,809 | €101,356 | €101,356 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | -€6,256 | - |
| Amounts payable17/49 | €87,456 | €8,919 | €57,589 | €76,710 | €201,763 | €207,360 | ▲ 2.8% |
| Amounts payable within one year42/48 | €86,750 | €8,919 | €57,589 | €75,949 | €201,763 | €207,360 | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €3,612 | - | - |
| Financial debts43 | - | - | - | - | €151,033 | €151,033 | = |
| Credit institutions430/8 | - | - | - | - | €151,033 | €151,033 | = |
| Trade debts44 | €8,341 | €4,524 | €18,301 | €5,090 | €36,445 | €19,664 | ▼ 46.0% |
| Suppliers440/4 | - | €4,524 | €18,301 | €5,090 | €36,445 | €19,664 | ▼ 46.0% |
| Taxes, remuneration and social security45 | - | €4,395 | €28,077 | €70,859 | €10,673 | €36,663 | ▲ 244% |
| Taxes450/3 | - | €1,196 | €14,970 | €42,203 | - | €19,984 | - |
| Remuneration and social security454/9 | - | €3,199 | €13,107 | €28,656 | €10,673 | €16,680 | ▲ 56.3% |
| Other amounts payable47/48 | - | - | €11,211 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €761 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,016 | €1,701 | €18,094 | €57,598 | €12,547 | -€6,256 | - |
| + Depreciation and write-downs630 | €440 | €330 | €220 | - | - | - | - |
| Operating cash flow (approximation) | €12,456 | €2,031 | €18,314 | €57,598 | €12,547 | -€6,256 | - |
| Investment in fixed assets (approximation) | - | €3,885 | - | - | - | - | - |
| Change in cash | - | -€10,999 | €6,118 | €4,462 | -€7,013 | -€548 | ▲ 92.2% |
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, 3,440 companies had the same profile as SPOC TECHNICAL SERVICES has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
90.0%
was still going
7.4%
stopped otherwise
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SPOC TECHNICAL SERVICES itself is lower: 0.2% within 12 months. It rests on far more data about SPOC TECHNICAL SERVICES than the profile alone.
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 3,440 companies, not a prediction for SPOC TECHNICAL SERVICES. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-05-2026 | 2026-00120065 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00191296 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00317670 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00176242 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20398484 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58600287 |