Gross margin from €54,954 to €18,487Result from €11,450 to €1,897Equity from €26,918 to €18,815Debts from €158,100 to €182,688Cash from €3,717 to €7,755
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as SPOT EU has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Micro
5 to 10 years old
solvency under 10%
a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 1,250 companies, not a prediction for SPOT EU. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737731520
Registered office moved from Antwerp to Beringen
New registered office: Koolmijnlaan 247, 3580 Beringen · Previous registered office: KERKSTRAAT 65, 2060 ANTWERPEN · Resignation: Hidden nameVisible after signing in (director) · General meeting of 01-08-2025 · Gazette deed
New establishment in Beringen
Dbh Laenen, Koolmijnlaan 247
Incorporation
Appointment: Name after signing inVisible after signing in (director) · published on 19-11-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as SPOT EU: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €126,000 and €262,000, founded between 2017 and 2022.
The company number of SPOT EU is 0737.731.520. The VAT number is the same number with BE in front: BE 0737.731.520.
Where is SPOT EU based?
The registered office is at Koolmijnlaan 247, 3580 Beringen.Company details
What does SPOT EU do?
According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of SPOT EU?
SPOT EU is a private limited company (BV).
When was SPOT EU founded?
SPOT EU was founded on 15-11-2019.
Is SPOT EU still active?
Yes, SPOT EU is an active enterprise in the KBO register.
How many employees does SPOT EU have?
SPOT EU had an average of 1.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does SPOT EU fall under?
In its 2023 annual accounts, SPOT EU states joint committee 201 (Independent retail).
What is the turnover of SPOT EU?
The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €18,487 and 42 comparable companies (NACE 476). It probably lies between €70,000 and €300,000. It is a rough estimate. In financial year 2021 turnover was €963,204.
Is SPOT EU profitable?
In financial year 2024, SPOT EU made a profit of €1,897.
Where can I find the annual accounts of SPOT EU?
SPOT EU filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.