SPPS
ActiveSummary
The computed 12-month bankruptcy probability of SPPS is 2.6% (moderate). The 2024 annual accounts show negative equity (€-18k) and a net result of €-20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 6717 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▲+8
Solvency11▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.3 in 2023; short-term debt: 71.9% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-14.4%
Return on assets
-16.4%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
27 d early
2022
4 d early
2021
25 d early
2020
24 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-18k
2023 · €3k
2018: €19k
2019: €21k
2020: €24k
2021: €16k
2022: €24k
2023: €3k
2018 → 2024
Total assets
€124k▼ 12.7%
2023 · €142k
2018: €41k
2019: €50k
2020: €64k
2021: €50k
2022: €44k
2023: €142k
2018 → 2024
Net result
€-20k▲ 5.4%
2023 · €-22k
2018: €219
2019: €2k
2020: €3k
2021: €-7k
2022: €8k
2023: €-22k
2018 → 2024
Working capital
€-53k▲ 40.5%
2023 · €-88k
2018: €6k
2019: €10k
2020: €985
2021: €332
2022: €15k
2023: €-88k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€24k-€16k▼ 31.5%€24k▲ 48.9%€3k▼ 89.5%€-18k
Operating result€6k-€-3k€13k€-18k€-13k▲ 23.4%
Net result€3k-€-7k€8k€-22k€-20k▲ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €18k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€87k ▼ 15.9%
Current assets
€37k ▼ 3.9%
Key figures and ratios
EBITDA
€8k▲
2023 · €-8k
Cash flow
€589▲
2023 · €-12k
Solvency
-14.4%▼
2023 · 1.8%
Current ratio
0.41▲
2023 · 0.30
Quick ratio
0.40▲
2023 · 0.27
Debt to equity
-7.95▼
2023 · 55.04
ROA
-16.4%▼
2023 · -15.2%
Interest coverage
0.97▲
2023 · -1.60
Debt
€142k▲
2023 · €140k
Debt ≤ 1 year
€89k▼
2023 · €126k
Debt > 1 year
€53k▲
2023 · €13k
Income taxes
€318▲
2023 · €282
Staff costs
€24k▼
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€142k€124k▼
Fixed assets21/28€104k€87k▼
Tangible fixed assets22/27€104k€87k▼
Plant, machinery and equipment23€76k€66k▼
Furniture and vehicles24€20k€14k▼
Other tangible fixed assets26€8k€7k▼
Current assets29/58€38k€37k▼
Stocks and contracts in progress3€3k€760▼
Stocks30/36€3k€760▼
Amounts receivable within one year40/41€25k€26k▲
Trade receivables40€5k€4k▼
Other amounts receivable41€20k€22k▲
Current investments50/53€3k€0▼
Cash at bank and in hand54/58€3k€621▼
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€142k€124k▼
Equity10/15€3k€-18k▼
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-22k€-42k▼
Amounts payable17/49€140k€142k▲
Amounts payable after more than one year17€13k€53k▲
Financial debts170/4€13k€53k▲
Amounts payable within one year42/48€126k€89k▼
Current portion of amounts payable after more than one year42€4k€12k▲
Financial debts43€3k€3k▲
Credit institutions430/8€0-
Other loans439€3k€3k▲
Trade debts44€102k€56k▼
Suppliers440/4€102k€56k▼
Advances received on contracts in progress46€11k€11k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€5k€5k▲
Remuneration and social security454/9€2k€703▼
Income statement
Code20232024
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€26k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€21k▲
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€5€0▼
Gross operating margin9900€22k€35k▲
Operating profit (loss)9901€-18k€-13k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€-21k€-20k▲
Income taxes67/77€282€318▲
Profit (loss) for the period9904€-22k€-20k▲
Profit (loss) for the period to be appropriated9905€-22k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-42k▼
Profit (loss) brought forward from the previous period14P€0€-22k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-22k ▼372%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 120 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Doornstraat 2002610 AntwerpenGround area
248 m²
Building footprint
198 m²
Volume, LiDAR
981 m³
Parcel 11463D0359/00L008, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRIETBAR
since 20182.271.544.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0359/00L008 | Flanders | 248 m² | 1 · 198 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.271.544.515
Similar companies · same sector, comparable size
CEREMONIE ROGER
BE 0467.048.169
Tielt · Eq €2,537
LIMO BELGIUM SERVICES
BE 0781.942.239
Schaarbeek · Eq €2,539
BARAA GROUPS
BE 0757.480.225
Eeklo · Eq €2,523
TAXI 03
BE 0784.616.667
Antwerpen · Eq €2,520
Ramly services
BE 0803.456.047
Asse · Eq €2,516
Of 6,994 companies in sector 49320 we hold annual accounts for 2,722. 1,274 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
56112Limited-service restaurants, excluding mobile food services
47120Other non-specialised retail sale
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.