Equity
€136,611 from €1.4m in 2024
Equity fell by 90% in 1 year.
SPOO
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1988peak €778,631 (2025)
€778,631▲ 127%
lowest -€14,030 (2008)
€18,142▼ 75.9%
peak €1.4m (2024)
€136,611▼ 90.0%
€3.4m▲ 486%
peak 8.6 FTE (2025)
8.6 FTE▲ 207%
Board4 names since 2020
2 directorsBV BMF group and 1 other
Owners3 names in the annual accounts
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from €343,280 to €778,631Result from €75,361 to €18,142Staff from 2.8 FTE to 8.6 FTEDividend €1.3mEquity from €1.4m to €136,611Debts from €571,903 to €3.4m
Key points
from the 2025 annual accountsDebts
€3.4m 95% of the balance sheet
Financial debts 59%Suppliers 18%Taxes and wages 4%Other 19%
Of this, €999,623 falls due within a year.
Investments
€1.3m 8.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 717.3% higher than in 2024.
Staff
15 employees on 30-09-2025
In 2025, 14 people joined and 1 left.
Filings
37 annual accounts since 1988
The last five annual accounts were filed 0 to 54 days before the end of the period.
Position in the sector
3.9%
Lower solvency than 86% of companies in machinery and equipment. Sector median 44.8% · 478 companies.
Checked score
64
Healthy
Financially stronger than 21% of micro companies in machinery and equipment (NACE 28)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▲ +0.9 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026highest value
11-2026: 1.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Equity €136,611 (3.9% of total assets)
Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
Size: 8.6 FTE, total assets €3.5m
lowers risk
Figures for financial year 2025 (filed on 30-04-2026)
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 28, micro). It does better than 14% of them on solvency, 38% on liquidity, 28% on profitability and 5% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 1,083 companies had the same profile as SPOO has now. Each dot stands for 3 companies, two years later.
96.8%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SPOO itself is higher: 1.1% within 12 months. It rests on far more data about SPOO than the profile alone.
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 1,083 companies, not a prediction for SPOO. 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 €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (2.32 in 2024), below the usual 1.5. Short-term debt is 28.5% and cash 6.3% of total assets. 96.1% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 478 sector peers (2025).
NBB · sector comparisonPosition among 478 sector peers
Solvency
better than 13%
← 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 days early
2023
54 days early
2022
32 days early
2021
17 days early
2020
1 day early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Board and ownership
BB
BV BMF group
Director, EMMANUEL SPOO, since 24-09-2025
BT
BV The Builders Group
Director, Axel Driegelinck, since 24-09-2025
- SPOOMAN 99.13%equity €172,649 (2025) · 2025 annual accounts of SPOOMAN
- LeFuGo Group 1%equity €1.2m (2025) · 2025 annual accounts of LeFuGo Group
Shares in 1 company, Martin Linssen & Co
Board & ownershipRecent changes
2 directors appointed, 1 resignation
Resignation: BV SPOOMAN (director) · Permanent representatives: EMMANUEL SPOO and Axel Driegelinck · Appointments: BV BMF group (director) and BV The Builders Group (director) · General meeting of 24-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0430254980
New establishment in Sint-Katelijne-Waver
SPOO De Arend, Berkenhoekstraat 14
Legal-form change
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SPOO Haacht | €3.5m | €0.8m | 3.9% | 8.6 |
| ALLHYDRO Oudenaarde | €1.7m | €0.8m | 52.9% | 8.5 |
| MENCH INDUSTRY Machelen (Brab.) | €3.6m | €0.8m | 34.3% | 9.4 |
| STOVE Izegem | €1.8m | €0.8m | 27.4% | 6.8 |
| SCHUNK INTEC Aalst | €1.6m | €1.0m | 12.9% | 8.6 |
| THOMAS WELDING SYSTEMS Charleroi | €1.7m | €1.2m | 62.5% | 10.8 |
| HAECK SUBCONTRACTING Ypres | €1.6m | €0.9m | 41.4% | 10.9 |
These companies have the same main activity as SPOO: manufacture of machinery and equipment not elsewhere classified (NACE 28299). They are comparable in size and age: total assets between €1.6m and €3.6m, founded between 1984 and 1996.
Official details
Source: KBO- Status
- Active since 15-01-1987Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28299and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149.04Metal trade · annual accounts 30-09-2025
- Establishment units
- 2.033.784.6473150 Haacht, since 11-02-1987
- 2.372.936.0412861 Sint-Katelijne-Waver, since 01-03-2025
- Financial year end
- 30 September
- Peppol
- Reachable since 17-03-2025
Annual accounts to 30-09-2025
- ≈ €1.8mestimated
- €3.5m▲ 79.9%
- Employeeson 30-09-2025
- 15▲ 650%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on SPOO
SPOO files the abbreviated format. That format states no turnover. The gross margin rose from €135,703 in 2007 to €778,631 in 2025.
SPOOMAN holds 99.13% of 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 SPOO
- What is the company number of SPOO?
- The company number of SPOO is 0430.254.980. The VAT number is the same number with BE in front: BE 0430.254.980.
- Where is SPOO based?
- The registered office is at Dorpsstraat 40, 3150 Haacht.Company details
- What does SPOO do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28299).
- What is the legal form of SPOO?
- SPOO is a private limited company (BV).
- When was SPOO founded?
- SPOO was founded on 15-01-1987.
- Is SPOO still active?
- Yes, SPOO is an active enterprise in the KBO register.
- How many employees does SPOO have?
- SPOO had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SPOO fall under?
- In its 30-09-2025 annual accounts, SPOO states joint committees 200 (Auxiliary committee for white-collar workers) and 149.04 (Metal trade).
- What is the turnover of SPOO?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €778,631 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.1m. It is a rough estimate.
- Is SPOO profitable?
- In financial year 2025, SPOO made a profit of €18,142.
- Where can I find the annual accounts of SPOO?
- SPOO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPOO due?
- SPOO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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