SPOO
ActiveSummary
SPOO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,611 and a net result of €18,142. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 409 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-26
Solvency29▼-66
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 2.32 in 2024; short-term debt: 28.5% and cash: 6.3% of total assets), and 96.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.9%
Return on assets
0.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 409 sector peers (2025).
NBB · sector comparisonPosition among 409 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
43 d early
2023
54 d early
2022
32 d early
2021
17 d early
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 company by total assets in Haacht, Manufacturing sector#5 oldest company in Haacht, Manufacturing sector
Equity
€136,611▼ 90.0%
2024 · €1.4m
Total assets
€3.5m▲ 79.9%
2024 · €2.0m
Net result
€18,142▼ 75.9%
2024 · €75,361
Working capital
€72,203▼ 80.1%
2024 · €362,389
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€131,594▲ 101%€196,346▲ 49.2%€394,009▲ 101%€113,951▼ 71.1%€97,071▼ 14.8%
Net result€85,209within the sector's middle half▲ 169%€140,032within the sector's middle half▲ 64.3%€286,835above the sector's middle half▲ 105%€75,361within the sector's middle half▼ 73.7%€18,142within the sector's middle half▼ 75.9%
Equity€911,242within the sector's middle half▲ 10.3%€1.0mwithin the sector's middle half▲ 10.4%€1.3mwithin the sector's middle half▲ 28.5%€1.4mwithin the sector's middle half▲ 5.8%€136,611below the sector's middle half▼ 90.0%
Total assets€1.7mwithin the sector's middle half▼ 2.7%€1.8mwithin the sector's middle half▲ 5.9%€2.1mwithin the sector's middle half▲ 11.9%€2.0mwithin the sector's middle half▼ 4.8%€3.5mabove the sector's middle half▲ 79.9%
Debt€806,097▼ 14.3%€811,928▲ 0.7%€741,318▼ 8.7%€571,903▼ 22.9%€3.4m▲ 486%
Working capital€70,566below the sector's middle half▼ 23.1%€119,190within the sector's middle half▲ 68.9%€339,637within the sector's middle half▲ 185%€362,389within the sector's middle half▲ 6.7%€72,203within the sector's middle half▼ 80.1%
Solvency52.7%within the sector's middle half▲ 6.2pp54.9%within the sector's middle half▲ 2.3pp63.1%within the sector's middle half▲ 8.2pp70.1%above the sector's middle half▲ 7.0pp3.9%below the sector's middle half▼ 66.2pp
Current ratio1.21within the sector's middle half▼ 0.041.28within the sector's middle half▲ 0.071.99within the sector's middle half▲ 0.722.32within the sector's middle half▲ 0.331.07below the sector's middle half▼ 1.25
Return on assets (ROA)4.9%within the sector's middle half▲ 3.1pp7.6%within the sector's middle half▲ 2.7pp14.0%above the sector's middle half▲ 6.3pp3.9%within the sector's middle half▼ 10.1pp0.5%within the sector's middle half▼ 3.3pp
Staff (FTE)5.2within the sector's middle half▼ 3.7%5.2within the sector's middle half=3.8within the sector's middle half▼ 26.9%2.8within the sector's middle half▼ 26.3%8.6within the sector's middle half▲ 207%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets
€2.4m ▲ 85.4%
Current assets
€1.1m ▲ 68.4%
Equity and liabilities €3.5m
Equity
€136,611 ▼ 90.0%
Provisions
€24,889 ▲ 102%
Debt
€3.4m ▲ 486%
Debt's share of the balance-sheet total rises from 29.3% to 95.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€258,200▲
2024 · €173,432
Cash flow
€179,271▲
2024 · €134,842
Quick ratio
0.80▼
2024 · 2.21
Debt to equity
24.53▲
2024 · 0.42
ROE
13.3%▲
2024 · 5.5%
Interest coverage
3.38▼
2024 · 12.81
Debt ≤ 1 year
€999,623▲
2024 · €274,086
Debt > 1 year
€2.4m▲
2024 · €297,817
Income taxes
€2,879▼
2024 · €30,852
Staff costs
€503,443▲
2024 · €166,360
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,082 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
2.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €413 | €2,500 | €2,066 | - | €20,000 | - |
| Remuneration, social security and pensions62 | €233,312 | €245,158 | €222,937 | €166,360 | €503,443 | ▲ 203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106,604 | €35,385 | €40,358 | €59,481 | €161,129 | ▲ 171% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €825 | €1,092 | €1,554 | -€3,458 | €12,549 | ▲ 463% |
| Other operating charges640/8 | €3,210 | €6,551 | €8,030 | €6,947 | €4,439 | ▼ 36.1% |
| Gross operating margin9900 | €475,545 | €484,532 | €666,889 | €343,280 | €778,631 | ▲ 127% |
| Operating profit (loss)9901 | €131,594 | €196,346 | €394,009 | €113,951 | €97,071 | ▼ 14.8% |
| Financial income75/76B | €1,292 | €460 | €3,649 | €5,800 | €451 | ▼ 92.2% |
| Recurring financial income75 | €1,292 | €460 | €3,649 | €5,800 | €451 | ▼ 92.2% |
| Financial charges65/66B | €15,180 | €12,861 | €12,923 | €13,538 | €76,501 | ▲ 465% |
| Recurring financial charges65 | €15,180 | €12,861 | €12,923 | €13,538 | €76,501 | ▲ 465% |
| Profit (loss) for the period before taxes9903 | €117,706 | €183,945 | €384,736 | €106,213 | €21,022 | ▼ 80.2% |
| Income taxes67/77 | €32,497 | €43,913 | €97,901 | €30,852 | €2,879 | ▼ 90.7% |
| Profit (loss) for the period9904 | €85,209 | €140,032 | €286,835 | €75,361 | €18,142 | ▼ 75.9% |
| Profit (loss) for the period to be appropriated9905 | €85,209 | €140,032 | €286,835 | €75,361 | €18,142 | ▼ 75.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.8m | €2.1m | €2.0m | €3.5m | ▲ 79.9% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.4m | €1.3m | €2.4m | ▲ 85.4% |
| Intangible fixed assets21 | - | - | - | - | €335,184 | - |
| Tangible fixed assets22/27 | €193,587 | €158,202 | €242,716 | €189,931 | €978,727 | ▲ 415% |
| Land and buildings22 | €91,798 | €83,821 | €76,289 | €68,756 | €61,286 | ▼ 10.9% |
| Plant, machinery and equipment23 | €67,846 | €50,362 | €152,091 | €111,917 | €914,733 | ▲ 717% |
| Furniture and vehicles24 | €31,104 | €21,806 | €12,749 | €8,297 | €2,373 | ▼ 71.4% |
| Other tangible fixed assets26 | €2,839 | €2,213 | €1,587 | €961 | €335 | ▼ 65.1% |
| Financial fixed assets28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Current assets29/58 | €410,598 | €547,936 | €681,202 | €636,475 | €1.1m | ▲ 68.4% |
| Stocks and contracts in progress3 | €60,504 | €43,926 | €34,439 | €31,044 | €275,000 | ▲ 786% |
| Stocks30/36 | €60,504 | €43,926 | €34,439 | €31,044 | €275,000 | ▲ 786% |
| Amounts receivable within one year40/41 | €24,212 | €22,521 | €173,326 | €127,524 | €566,451 | ▲ 344% |
| Trade receivables40 | €10,199 | €6,492 | €170,706 | €127,524 | €530,722 | ▲ 316% |
| Other amounts receivable41 | €14,013 | €16,029 | €2,621 | - | €35,729 | - |
| Current investments50/53 | €261 | €261 | €300,261 | €302,035 | €2,337 | ▼ 99.2% |
| Cash at bank and in hand54/58 | €319,855 | €477,319 | €169,971 | €173,223 | €222,576 | ▲ 28.5% |
| Deferred charges and accrued income490/1 | €5,765 | €3,909 | €3,204 | €2,649 | €5,462 | ▲ 106% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.8m | €2.1m | €2.0m | €3.5m | ▲ 79.9% |
| Equity10/15 | €911,242 | €1.0m | €1.3m | €1.4m | €136,611 | ▼ 90.0% |
| Contributions10/11 | €49,600 | €49,600 | €49,600 | €49,600 | €49,600 | = |
| Reserves13 | €861,642 | €956,673 | €1.2m | €1.3m | €87,011 | ▼ 93.4% |
| Non-distributable reserves130/1 | €4,960 | €4,960 | - | - | - | - |
| Reserves not available under the articles1311 | €4,960 | €4,960 | - | - | - | - |
| Tax-exempt reserves132 | €5,707 | €5,707 | €5,707 | €5,707 | €5,707 | = |
| Distributable reserves133 | €850,975 | €946,006 | €1.2m | €1.3m | €81,304 | ▼ 93.8% |
| Provisions and deferred taxes16 | €13,152 | €14,244 | €15,798 | €12,340 | €24,889 | ▲ 102% |
| Provisions for liabilities and charges160/5 | €13,152 | €14,244 | €15,798 | €12,340 | €24,889 | ▲ 102% |
| Other liabilities and charges164/5 | €13,152 | €14,244 | €15,798 | €12,340 | €24,889 | ▲ 102% |
| Amounts payable17/49 | €806,097 | €811,928 | €741,318 | €571,903 | €3.4m | ▲ 486% |
| Amounts payable after more than one year17 | €461,566 | €380,181 | €399,753 | €297,817 | €2.4m | ▲ 689% |
| Financial debts170/4 | €461,566 | €380,181 | €399,753 | €297,817 | €2.0m | ▲ 562% |
| Other amounts payable178/9 | - | - | - | - | €380,000 | - |
| Amounts payable within one year42/48 | €340,031 | €428,746 | €341,564 | €274,086 | €999,623 | ▲ 265% |
| Current portion of amounts payable after more than one year42 | €106,982 | €81,466 | €99,352 | €101,937 | €260,858 | ▲ 156% |
| Trade debts44 | €143,841 | €178,088 | €139,411 | €95,907 | €592,439 | ▲ 518% |
| Suppliers440/4 | €143,841 | €178,088 | €139,411 | €95,907 | €592,439 | ▲ 518% |
| Advances received on contracts in progress46 | - | - | - | - | €1,746 | - |
| Taxes, remuneration and social security45 | €43,774 | €78,796 | €82,801 | €57,198 | €144,581 | ▲ 153% |
| Taxes450/3 | €1,511 | €41,133 | €51,099 | €39,425 | €28,932 | ▼ 26.6% |
| Remuneration and social security454/9 | €42,262 | €37,663 | €31,702 | €17,773 | €115,649 | ▲ 551% |
| Other amounts payable47/48 | €45,434 | €90,396 | €20,000 | €19,045 | - | - |
| Accrued charges and deferred income492/3 | €4,500 | €3,000 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,209 | €140,032 | €286,835 | €75,361 | €18,142 | ▼ 75.9% |
| + Depreciation and write-downs630 | €106,604 | €35,385 | €40,358 | €59,481 | €161,129 | ▲ 171% |
| Operating cash flow (approximation) | €191,814 | €175,417 | €327,193 | €134,842 | €179,271 | ▲ 32.9% |
| Investment in fixed assets (approximation) | - | €0 | -€124,872 | -€6,696 | -€1.3m | ▼ 19,093% |
| Change in cash | - | €157,464 | -€307,348 | €3,252 | €49,353 | ▲ 1,417% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Resignation: BV SPOOMAN (non-statutory director)Permanent representatives: EMMANUEL SPOO and Axel Driegelinck · Appointments: BV BMF group (non-statutory director) and BV The Builders Group (non-statutory director) · Director discharge13 facts ▸
State Gazette act
Resignation: BV SPOOMAN (non-statutory director)
Permanent representatives: EMMANUEL SPOO and Axel Driegelinck · Appointments: BV BMF group (non-statutory director) and BV The Builders Group (non-statutory director) · Director discharge13 facts ▸
- General meeting, 24-09-2025
- Director resignation, BV SPOOMAN (non-statutory director)
- Director discharge, BV SPOOMAN (non-statutory director)
- Permanent representative, EMMANUEL SPOO (permanent representative)
- General meeting, 24-09-2025
- Director appointment, BV BMF group (non-statutory director)
- Permanent representative, EMMANUEL SPOO (permanent representative)
- General meeting, 24-09-2025
- Director appointment, BV The Builders Group (non-statutory director)
- Permanent representative, Axel Driegelinck (permanent representative)
- Power of attorney, BV ONSIA FIDUCIAIRE
- Power of attorney
- +1 further facts in this act
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €18,142 ▼75.9%
Net result drops to €18,142, the lowest in the series.
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €1mEq €1.0m ▲10.4%
5 profitable years in a row build equity to €1.0m.
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2025
Board 2
BV BMF group
CurrentNon-statutory director · since 24-09-2025 · Legal entity · perm. rep.: EMMANUEL SPOO
BV The Builders Group
CurrentNon-statutory director · since 24-09-2025 · Legal entity · perm. rep.: Axel Driegelinck
Permanent representatives 2
Axel Driegelinck
CurrentPermanent representative · since 24-09-2025 · for BV The Builders Group
EMMANUEL SPOO
CurrentPermanent representative · since 24-09-2025 · for BV BMF group
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
9 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Haacht · 2 establishment units since 1987
Ground area
2,800 m²
Building footprint
808 m²
Volume, LiDAR
3,637 m³
2 parcels, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SPOO BVBA
since 19872.033.784.647
SPOO De Arend
since 20252.372.936.041
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027D0441/00E000 | Flanders | 1,960 m² | 1 · 622 m² | 6.8 m · 1 fl. |
| 24108A0121/00K000 | Flanders | 840 m² | 1 · 187 m² | 13.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2025, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BV BMF group |
|
| BV The Builders Group |
|
| BV SPOOMAN |
|
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- LeFuGo Group
- SPOOMAN
- SPOO
Highest known parent: LeFuGo Group. The sources do not say who stands above it.
Owners 2
- SPOOMANparentSourceaccounts SPOOMAN 202499.13%
-
1%
Holdings 1
-
100%
According to the annual accounts to 30-09-2025 of SPOO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-1987
Fiscal year end30-09
Activities, NACEBEL 2025
28299Manufacture of machinery and equipment not elsewhere classified
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430254980
Registered
17-03-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.