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SPRIMOGLASS

Active
Public limited companyfounded 197551 yrs activeRue de Louveigné 94-96, 4140 Sprimont, BelgiumKBO/BCE: BE 0414.922.943
Summary

SPRIMOGLASS has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.4m and a net result of -€73,773. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
SPRIMOGLASSActiveChecked score 70/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of other non-metallic mineral products
NACE 23120Manufacture of computer, electronic and optical products NACE 26120
#1 company by total assets in Sprimont1 site
Size
€41.7mturnover 2025
Staff
183.4 FTE
Equity
€8.4m
Loss
-€73,773
Financial health
70 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Parent
SPRIMO VITRO · 100%
Accounts filed 28 d late0 of 19 deeds read
Why 70- Liquidity: current ratio 0.96, cash €32,321, halved- Equity €8.4m (10.2% of total assets)- Latest accounts 28 days late; 1 of the last 3 late+ Size: turnover €41.7m, 183.4 FTE, total assets €82.6mShow the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 44% of its sector peers (NACE 23, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 35
equity 10.2% of total assets
Liquidity 27
short-term debt 47.3% · cash 0.0%
Profitability 68
return on assets -0.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (52 companies)
Last 17 months 06-2025: 0.3%lowest value 07-2025: 0.4%▲ +23.8% vs 06-2025 08-2025: 0.5%▲ +43.1% vs 07-2025 09-2025: 0.7%▲ +32.1% vs 08-2025 10-2025: 1.1%▲ +53.9% vs 09-2025highest value 11-2025: 0.5%▼ -49.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%▼ -3.5% vs 01-2026 03-2026: 0.5%▲ +0.8% vs 02-2026 04-2026: 0.5%● 0.0% vs 03-2026 05-2026: 0.5%▲ +0.8% vs 04-2026 06-2026: 0.5%▲ +2.1% vs 05-2026 07-2026: 0.5%▼ -1.7% vs 06-2026 08-2026: 0.7%▲ +40.5% vs 07-2026 09-2026: 0.6%▼ -17.6% vs 08-2026 10-2026: 0.6%● 0.0% vs 09-2026
  • Liquidity: current ratio 0.96, cash €32,321, halved raises the probability
  • Equity €8.4m (10.2% of total assets) raises the probability
  • Size: turnover €41.7m, 183.4 FTE, total assets €82.6m lowers the probability for this profile
  • Latest accounts 28 days late; 1 of the last 3 late raises the probability
Credit up to €550,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.73 in 2024; short-term debt: 47.3% and cash: 0% of total assets), and 89.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 23, medium-sized). Better than this share of them on solvency 10%, liquidity 23%, profitability 63%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.96, cash €32,321, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €8.4m (10.2% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €41.7m, 183.4 FTE, total assets €82.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 28 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 322 sector peers (2025).
NBB · sector comparison
Position among 322 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
77 d late
2023
49 d early
2022
25 d early
2021
17 d early
2020
53 d early
2019
26 d late
← 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 2 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed 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 14 July (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: From profit to loss in 2025after €263,406 in 2024 -€73,773 View
  • Caution: Among the weakest 10% on solvencysector median 46.3% · 322 companies 10.2% View
  • Controlled by SPRIMO VITROknown shareholders 100% 100% View
  • Active since 1975founded 01-01-1975 51 years View

By topic

Financials

Fiscal year
2025
Turnover
€41.7m
Loss
-€73,773
Solvency
10.2%
Turnover▲ 7.7%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 28-08-2026Annual accounts filed
  2. 16-10-2025Annual accounts filed
  3. 12-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of other non-metallic mineral productsNACE 23120
Founded
01-01-1975
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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