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SPOTLINE

Active
Private limited companyfounded 201313 yrs activeTechnologielaan 13, 3001 Leuven, BelgiumKBO/BCE: BE 0534.486.331
Summary

SPOTLINE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,499 and a net result of -€4,559. Equity is shrinking by ~7.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability30▲+2
Solvency54▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.02 in 2024; short-term debt: 5.7% and cash: 0% of total assets), and 71% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29%
Return on assets
-3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,559
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
21 d late
2024
27 d early
2023
15 d early
2022
22 d late
2021
23 d late
2020
45 d late
2019
66 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SPOTLINE was incorporated on 30 April 2013.1 Total assets fell from EUR 166,789 in 2018 to EUR 150,025 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€43,499▼ 9.5%
2024 · €48,057
Total assets
€150,025▼ 0.1%
2024 · €150,109
Net result
-€4,559▲ 21.1%
2024 · -€5,777
Working capital
-€8,465▼ 22.0%
2024 · -€6,941
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,581▼ 11.5%-€1,596▼ 0.9%-€1,832▼ 14.8%-€3,291▼ 79.6%-€2,073▲ 37.0%
Net result-€4,067▼ 4.2%-€4,082▼ 0.4%-€4,318▼ 5.8%-€5,777▼ 33.8%-€4,559▲ 21.1%
Equity€62,234▼ 6.1%€58,152▼ 6.6%€53,834▼ 7.4%€48,057▼ 10.7%€43,499▼ 9.5%
Total assets€150,220▼ 0.7%€150,090▼ 0.1%€150,092=€150,109=€150,025▼ 0.1%
Debt€87,986▲ 3.5%€91,938▲ 4.5%€96,257▲ 4.7%€102,052▲ 6.0%€106,526▲ 4.4%
Working capital-€1,280-€2,876▼ 125%-€4,708▼ 63.7%-€6,941▼ 47.4%-€8,465▼ 22.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2021: -€1,581-€1,581Net result 2021: -€4,067-€4,067Operating result 2022: -€1,596-€1,596Net result 2022: -€4,082-€4,082Operating result 2023: -€1,832-€1,832Net result 2023: -€4,318-€4,318Operating result 2024: -€3,291-€3,291Net result 2024: -€5,777-€5,777Operating result 2025: -€2,073-€2,073Net result 2025: -€4,559-€4,55920212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€1,832-€1,830Net result 2023: -€4,318-€4,320Operating result 2024: -€3,291-€3,290Net result 2024: -€5,777-€5,780Operating result 2025: -€2,073-€2,070Net result 2025: -€4,559-€4,560202320242025
The operating result stays negative: a loss of €2,073 in 2025 against €3,291 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150,025
Fixed assets €150,000 =
Current assets €25 ▼ 77.1%
Equity and liabilities €150,025
Equity €43,499 ▼ 9.5%
Debt €106,526 ▲ 4.4%
Debt's share of the balance-sheet total rises from 68.0% to 71.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.00▼
2024 · 0.02
Debt to equity
2.45▲
2024 · 2.12
ROE
-10.5%▲
2024 · -12.0%
ROA
-3.0%▲
2024 · -3.8%
Debt ≤ 1 year
€8,490▲
2024 · €7,050
Debt > 1 year
€96,429▲
2024 · €93,943
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€150,109€150,025▼
Fixed assets21/28€150,000€150,000=
Financial fixed assets28€150,000€150,000=
Current assets29/58€109€25▼
Cash at bank and in hand54/58€109€25▼
Equity and liabilities
Total equity and liabilities10/49€150,109€150,025▼
Equity10/15€48,057€43,499▼
Contributions10/11€30,000€30,000=
Reserves13€18,057€13,499▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€18,057€13,499▼
Amounts payable17/49€102,052€106,526▲
Amounts payable after more than one year17€93,943€96,429▲
Financial debts170/4€93,943€96,429▲
Amounts payable within one year42/48€7,050€8,490▲
Other amounts payable47/48€7,050€8,490▲
Accrued charges and deferred income492/3€1,059€1,607▲
Income statement Code20242025
Other operating charges640/8€637€400▼
Gross operating margin9900-€2,654-€1,673▲
Operating profit (loss)9901-€3,291-€2,073▲
Financial charges65/66B€2,486€2,486=
Recurring financial charges65€2,486€2,486=
Profit (loss) for the period before taxes9903-€5,777-€4,559▲
Profit (loss) for the period9904-€5,777-€4,559▲
Profit (loss) for the period to be appropriated9905-€5,777-€4,559▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,777-€4,559▲
Transfer from equity791/2€5,777€4,559▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€348€384€637€400▼ 37.3%
Gross operating margin9900-€1,234-€1,249-€1,448-€2,654-€1,673▲ 37.0%
Operating profit (loss)9901-€1,581-€1,596-€1,832-€3,291-€2,073▲ 37.0%
Financial charges65/66B€2,486€2,486€2,486€2,486€2,486=
Recurring financial charges65€2,486€2,486€2,486€2,486€2,486=
Profit (loss) for the period before taxes9903-€4,067-€4,082-€4,318-€5,777-€4,559▲ 21.1%
Profit (loss) for the period9904-€4,067-€4,082-€4,318-€5,777-€4,559▲ 21.1%
Profit (loss) for the period to be appropriated9905-€4,067-€4,082-€4,318-€5,777-€4,559▲ 21.1%
Line20212022202320242025Change
Assets
Total assets20/58€150,220€150,090€150,092€150,109€150,025▼ 0.1%
Fixed assets21/28€150,000€150,000€150,000€150,000€150,000=
Financial fixed assets28€150,000€150,000€150,000€150,000€150,000=
Current assets29/58€220€90€92€109€25▼ 77.1%
Cash at bank and in hand54/58€220€90€92€109€25▼ 77.1%
Equity and liabilities
Total equity and liabilities10/49€150,220€150,090€150,092€150,109€150,025▼ 0.1%
Equity10/15€62,234€58,152€53,834€48,057€43,499▼ 9.5%
Contributions10/11€30,000€30,000€30,000€30,000€30,000=
Reserves13€32,234€28,152€23,834€18,057€13,499▼ 25.2%
Non-distributable reserves130/1€3,000€3,000€3,000€0--
Reserves not available under the articles1311€3,000€3,000€3,000€0--
Distributable reserves133€29,234€25,152€20,834€18,057€13,499▼ 25.2%
Amounts payable17/49€87,986€91,938€96,257€102,052€106,526▲ 4.4%
Amounts payable after more than one year17€86,486€88,972€91,457€93,943€96,429▲ 2.6%
Financial debts170/4€86,486€88,972€91,457€93,943€96,429▲ 2.6%
Amounts payable within one year42/48€1,500€2,966€4,800€7,050€8,490▲ 20.4%
Trade debts44-€1,016€0---
Suppliers440/4-€1,016€0---
Other amounts payable47/48€1,500€1,950€4,800€7,050€8,490▲ 20.4%
Accrued charges and deferred income492/3€0--€1,059€1,607▲ 51.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,067-€4,082-€4,318-€5,777-€4,559▲ 21.1%
Operating cash flow (approximation)-€4,067-€4,082-€4,318-€5,777-€4,559▲ 21.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€130€1€18-€84▼ 581%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€5,777
Net result drops to -€5,777, the lowest in the series; recovery starts the following year.
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
14-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
05-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
2,600 m²
Volume, LiDAR
11,575 m³
Parcel 24514C0040/00F000, Flanders · tallest building 15.0 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Spotline
Technologielaan 13, 3001 LeuvenHoldings
since 20132.219.699.993
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514C0040/00F000 Flanders 1.2 ha 1 · 2,600 m² 15.0 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of SPOTLINE 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

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-04-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.