SPOTTS
ActiveSummary
SPOTTS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €5.5m and a net result of €3.7m. Equity is growing by ~181.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 142 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability71▲+29
Solvency63▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440,000 at 30 days acceptable
Liquidity ample (current ratio 3.24 against 0.13 in 2025; short-term debt: 24.3% and cash: 50.7% of total assets), but 62.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2026Solvency, return and age of the figures
Solvency
37.7%
Return on assets
25.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-07-2026, 110 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
110 d early
2025
43 d early
2024
1 d early
2023
on the day
2022
3 d early
2021
13 d early
2020
33 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 29 days before the deadline; the sector median for financial year 2024 is 9 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 28 October (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€5.5m▲ 204%
2025 · €1.8m
Total assets
€14.7m▲ 36.2%
2025 · €10.8m
Net result
€3.7m▲ 788%
2025 · €418,400
Working capital
€8.0m
2025 · -€2.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20222023202420252026
Operating result€3,905▼ 29.0%€4,657▲ 19.2%€729,487▲ 15,566%€779,529▲ 6.9%€1.0m▲ 29.0%
Net result€2,295below the sector's middle half▼ 3.7%€30,454within the sector's middle half▲ 1,227%€306,132above the sector's middle half▲ 905%€418,400above the sector's middle half▲ 36.7%€3.7m▲ 788%
Equity€25,155below the sector's middle half▲ 10.0%€1.1mwithin the sector's middle half▲ 4,255%€1.4mwithin the sector's middle half▲ 27.9%€1.8mabove the sector's middle half▲ 29.8%€5.5m▲ 204%
Total assets€28,445below the sector's middle half▼ 50.9%€9.1mabove the sector's middle half▲ 31,829%€10.2mabove the sector's middle half▲ 12.6%€10.8mabove the sector's middle half▲ 5.3%€14.7m▲ 36.2%
Debt€3,290▼ 90.8%€8.0m▲ 242,678%€8.8m▲ 10.5%€9.0m▲ 1.4%€9.1m▲ 2.1%
Working capital€27,255within the sector's middle half▲ 10.5%-€313,061below the sector's middle half-€538,618below the sector's middle half▼ 72.0%-€2.4mbelow the sector's middle half▼ 345%€8.0m
Solvency88.4%above the sector's middle half▲ 49.0pp12.1%below the sector's middle half▼ 76.4pp13.7%below the sector's middle half▲ 1.6pp16.9%below the sector's middle half▲ 3.2pp37.7%▲ 20.8pp
Current ratio27.22above the sector's middle half▲ 25.460.34below the sector's middle half▼ 26.870.34below the sector's middle half=0.13below the sector's middle half▼ 0.213.24▲ 3.11
Return on assets (ROA)8.1%within the sector's middle half▲ 4.0pp0.3%below the sector's middle half▼ 7.7pp3.0%within the sector's middle half▲ 2.7pp3.9%within the sector's middle half▲ 0.9pp25.3%▲ 21.4pp
Staff (FTE)0
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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 risen four years in a row; 2026 is 29% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €14.7m
Fixed assets
€3.1m ▼ 70.1%
Current assets
€11.6m ▲ 3,014%
Equity and liabilities €14.7m
Equity
€5.5m ▲ 204%
Debt
€9.1m ▲ 2.1%
Debt's share of the balance-sheet total falls from 83.1% to 62.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.0m▲
2025 · €779,711
Cash flow
€3.7m▲
2025 · €418,583
Debt to equity
1.65▼
2025 · 4.92
ROE
67.1%▲
2025 · 23.0%
Interest coverage
2.57▲
2025 · 2.16
Debt ≤ 1 year
€3.6m▲
2025 · €2.8m
Debt > 1 year
€5.5m▼
2025 · €6.1m
Income taxes
€192,628▲
2025 · €106,132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 153 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0%
went bankrupt
3.9%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 153 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €232 | €0 | - | €182 | €2,155 | ▲ 1,081% |
| Other operating charges640/8 | €468 | €737 | €528 | €684 | €1,144 | ▲ 67.1% |
| Gross operating margin9900 | €4,605 | €5,393 | €730,014 | €780,396 | €1.0m | ▲ 29.3% |
| Operating profit (loss)9901 | €3,905 | €4,657 | €729,487 | €779,529 | €1.0m | ▲ 29.0% |
| Financial income75/76B | - | €85,000 | €0 | €105,640 | €3.3m | ▲ 3,019% |
| Recurring financial income75 | - | €85,000 | €0 | €105,640 | €889,980 | ▲ 742% |
| Non-recurring financial income76B | - | - | - | - | €2.4m | - |
| Financial charges65/66B | €77 | €59,203 | €331,177 | €360,636 | €391,614 | ▲ 8.6% |
| Recurring financial charges65 | €77 | €59,203 | €331,177 | €360,636 | €391,614 | ▲ 8.6% |
| Profit (loss) for the period before taxes9903 | €3,829 | €30,454 | €398,310 | €524,533 | €3.9m | ▲ 645% |
| Income taxes67/77 | €1,533 | €0 | €92,178 | €106,132 | €192,628 | ▲ 81.5% |
| Profit (loss) for the period9904 | €2,295 | €30,454 | €306,132 | €418,400 | €3.7m | ▲ 788% |
| Profit (loss) for the period to be appropriated9905 | €2,295 | €30,454 | €306,132 | €418,400 | €3.7m | ▲ 788% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,445 | €9.1m | €10.2m | €10.8m | €14.7m | ▲ 36.2% |
| Fixed assets21/28 | €150 | €8.9m | €10.0m | €10.4m | €3.1m | ▼ 70.1% |
| Intangible fixed assets21 | - | - | - | €3,213 | €4,454 | ▲ 38.6% |
| Financial fixed assets28 | €150 | €8.9m | €10.0m | €10.4m | €3.1m | ▼ 70.1% |
| Current assets29/58 | €28,295 | €162,189 | €279,368 | €371,355 | €11.6m | ▲ 3,014% |
| Amounts receivable within one year40/41 | €20,454 | €141,644 | €230,026 | €159,640 | €4.1m | ▲ 2,474% |
| Trade receivables40 | €20,454 | €55,250 | €136,026 | €60,000 | €35,054 | ▼ 41.6% |
| Other amounts receivable41 | - | €86,394 | €94,000 | €99,640 | €4.1m | ▲ 3,989% |
| Cash at bank and in hand54/58 | €7,780 | €5,854 | €36,648 | €199,885 | €7.4m | ▲ 3,622% |
| Deferred charges and accrued income490/1 | €62 | €14,691 | €12,694 | €11,830 | €13,872 | ▲ 17.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,445 | €9.1m | €10.2m | €10.8m | €14.7m | ▲ 36.2% |
| Equity10/15 | €25,155 | €1.1m | €1.4m | €1.8m | €5.5m | ▲ 204% |
| Contributions10/11 | €20,000 | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €5,155 | €5,155 | €5,155 | €5,155 | €5,155 | = |
| Distributable reserves133 | €5,155 | €5,155 | €5,155 | €5,155 | €5,155 | = |
| Profit (loss) carried forward14 | - | €30,454 | €336,586 | €754,987 | €4.5m | ▲ 492% |
| Amounts payable17/49 | €3,290 | €8.0m | €8.8m | €9.0m | €9.1m | ▲ 2.1% |
| Amounts payable after more than one year17 | - | €7.5m | €7.9m | €6.1m | €5.5m | ▼ 10.0% |
| Financial debts170/4 | - | €7.5m | €7.9m | €6.1m | €5.5m | ▼ 10.0% |
| Amounts payable within one year42/48 | €1,040 | €475,250 | €817,985 | €2.8m | €3.6m | ▲ 28.7% |
| Current portion of amounts payable after more than one year42 | - | - | €446,882 | €2.2m | €1.6m | ▼ 26.5% |
| Financial debts43 | - | - | - | €167,372 | €75,190 | ▼ 55.1% |
| Credit institutions430/8 | - | - | - | €167,372 | €75,190 | ▼ 55.1% |
| Trade debts44 | - | €55,250 | €55,099 | €39 | €26,972 | ▲ 68,866% |
| Suppliers440/4 | - | €55,250 | €55,099 | €39 | €26,972 | ▲ 68,866% |
| Taxes, remuneration and social security45 | €978 | €0 | €148,762 | €74,408 | €212,209 | ▲ 185% |
| Taxes450/3 | €978 | €0 | €148,762 | €74,408 | €212,209 | ▲ 185% |
| Other amounts payable47/48 | €62 | €420,000 | €167,242 | €331,612 | €1.6m | ▲ 393% |
| Accrued charges and deferred income492/3 | €2,250 | €61,330 | €78,923 | €100,278 | €96,517 | ▼ 3.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,295 | €30,454 | €306,132 | €418,400 | €3.7m | ▲ 788% |
| + Depreciation and write-downs630 | €232 | €0 | - | €182 | €2,155 | ▲ 1,081% |
| Operating cash flow (approximation) | €2,527 | €30,454 | €306,132 | €418,583 | €3.7m | ▲ 788% |
| Investment in fixed assets (approximation) | - | -€8.9m | -€1.0m | -€453,396 | €7.3m | ▲ 1,708% |
| Change in cash | - | -€1,926 | €30,794 | €163,237 | €7.2m | ▲ 4,335% |
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 2027, expected by
2026
07-09
State Gazette act
Incorporation · Founding capital
Capital contribution · Declaration
21-08
State Gazette act
Share class · Transfer restriction
Board rule · Representation rule
13-07
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Highest result since 2020net €3.7m ▲788%
Operating result €1.0m, net result €3.7m, both a record.
31-03
Financial
Liquidity times 24current ratio 3.24
Current ratio from 0.13 to 3.24.
31-03
Financial
Equity above €5mEq €5.5m ▲204%
7 profitable years in a row build equity to €5.5m.
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €1mEq €1.1m ▲4,255%
4 profitable years in a row build equity to €1.1m.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €2,295 ▼3.7%
Net result drops to €2,295, the lowest in the series; recovery starts the following year.
Show earlier events
31-03
Financial
Liquidity times 15current ratio 27.22
Current ratio from 1.76 to 27.22; short-term debt falls from €32,454 to €1,040.
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Aalst · 1 establishment unit since 2018
Ground area
1,443 m²
Building footprint
298 m²
Volume, LiDAR
1,834 m³
Parcel 41303E0346/00M000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Moorselbaan 334, 9300 Aalst
since 20182.285.899.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303E0346/00M000 | Flanders | 1,443 m² | 1 · 298 m² | 10.1 m · 2 fl. |
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 owner · 4 holdingsOwners 1
- Sourceaccounts LION 202250%
Holdings 4
-
100%
- A.S. HoldingsubsidiarySourceown accounts 31-03-202660%
-
27%
-
10%
According to the annual accounts to 31-03-2026 of SPOTTS 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.
Recognitions · licences · registrations
Legal Entity Identifier
64884RBCIL6N9453H013
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 10,507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-11-2018
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
82990Other business support services
Contact
Website
www.spotts.beAalst
E-mail
info@spotts.beAalst
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713551497
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.