SPRINGAEL
ActiveSummary
SPRINGAEL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53,668 and a net result of €17,670. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 93% of 3542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 6.77 against 8.99 in 2023; short-term debt: 12.1% and cash: 28% of total assets), and 12.1% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €53,668
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
20 d late
2022
30 d late
2021
19 d late
2020
27 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 35 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€135,021
EBIT margin
-5.5%
Net result
€17,670▼ 26.1%
2023 · €23,915
Working capital
€42,758▲ 57.8%
2023 · €27,096
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
Line20202021202220232024
Turnover
Operating result-€14,565€12,001€4,949▼ 58.8%€25,081▲ 407%€22,642▼ 9.7%
Net result-€16,950below the sector's middle half€9,600within the sector's middle half€3,614within the sector's middle half▼ 62.4%€23,915within the sector's middle half▲ 562%€17,670within the sector's middle half▼ 26.1%
EBIT margin
Equity-€1,132below the sector's middle half€8,469within the sector's middle half€12,083within the sector's middle half▲ 42.7%€35,998within the sector's middle half▲ 198%€53,668within the sector's middle half▲ 49.1%
Total assets€31,530below the sector's middle half▼ 13.6%€18,748below the sector's middle half▼ 40.5%€27,582below the sector's middle half▲ 47.1%€39,388below the sector's middle half▲ 42.8%€61,078within the sector's middle half▲ 55.1%
Debt€32,662▲ 58.1%€10,280▼ 68.5%€15,499▲ 50.8%€3,391▼ 78.1%€7,409▲ 119%
Working capital-€1,439€6,768€6,003▼ 11.3%€27,096▲ 351%€42,758▲ 57.8%
Solvency-3.6%below the sector's middle half▼ 46.9pp45.2%within the sector's middle half▲ 48.8pp43.8%within the sector's middle half▼ 1.4pp91.4%above the sector's middle half▲ 47.6pp87.9%above the sector's middle half▼ 3.5pp
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61,078
Fixed assets
€10,910 ▲ 22.6%
Current assets
€50,168 ▲ 64.6%
Equity and liabilities €61,078
Equity
€53,668 ▲ 49.1%
Debt
€7,409 ▲ 119%
Debt's share of the balance-sheet total rises from 8.6% to 12.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,310▼
2023 · €26,021
Cash flow
€19,339▼
2023 · €24,855
Current ratio
6.77▼
2023 · 8.99
Quick ratio
6.42▼
2023 · 7.74
Debt to equity
0.14▲
2023 · 0.09
ROE
32.9%▼
2023 · 66.4%
ROA
28.9%▼
2023 · 60.7%
Interest coverage
20.64▲
2023 · 19.16
Debt ≤ 1 year
€7,409▲
2023 · €3,391
Income taxes
€4,800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 31,349 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €48 | €288 | €940 | €1,669 | ▲ 77.5% |
| Other operating charges640/8 | - | - | €9,237 | €708 | €602 | ▼ 15.0% |
| Gross operating margin9900 | -€5,221 | €12,049 | €14,474 | €26,729 | €24,912 | ▼ 6.8% |
| Operating profit (loss)9901 | -€14,565 | €12,001 | €4,949 | €25,081 | €22,642 | ▼ 9.7% |
| Financial income75/76B | - | €91 | €261 | €193 | €1,006 | ▲ 422% |
| Recurring financial income75 | €32 | €91 | €261 | €193 | €1,006 | ▲ 422% |
| Financial charges65/66B | - | €2,491 | €1,595 | €1,358 | €1,178 | ▼ 13.3% |
| Recurring financial charges65 | €2,417 | €2,491 | €1,595 | €1,358 | €1,178 | ▼ 13.3% |
| Profit (loss) for the period before taxes9903 | -€16,950 | €9,600 | €3,614 | €23,915 | €22,470 | ▼ 6.0% |
| Income taxes67/77 | - | - | - | - | €4,800 | - |
| Profit (loss) for the period9904 | -€16,950 | €9,600 | €3,614 | €23,915 | €17,670 | ▼ 26.1% |
| Profit (loss) for the period to be appropriated9905 | -€16,950 | €9,600 | €3,614 | €23,915 | €17,670 | ▼ 26.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31,530 | €18,748 | €27,582 | €39,388 | €61,078 | ▲ 55.1% |
| Fixed assets21/28 | €307 | €1,700 | €6,080 | €8,902 | €10,910 | ▲ 22.6% |
| Tangible fixed assets22/27 | - | €1,393 | €5,773 | €8,594 | €10,603 | ▲ 23.4% |
| Land and buildings22 | - | €1,393 | €1,105 | €816 | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,763 | - |
| Furniture and vehicles24 | - | - | - | - | €810 | - |
| Other tangible fixed assets26 | - | - | €4,668 | €7,778 | €8,029 | ▲ 3.2% |
| Financial fixed assets28 | €307 | €307 | €307 | €307 | €307 | = |
| Current assets29/58 | €31,223 | €17,048 | €21,502 | €30,487 | €50,168 | ▲ 64.6% |
| Stocks and contracts in progress3 | €3,952 | €3,721 | €1,613 | €4,232 | €2,621 | ▼ 38.1% |
| Stocks30/36 | - | €3,721 | €1,613 | €4,232 | €2,621 | ▼ 38.1% |
| Amounts receivable within one year40/41 | €19,361 | €9,213 | €14,033 | €13,556 | €30,427 | ▲ 124% |
| Trade receivables40 | - | €4,255 | €9,075 | €5,560 | €1,707 | ▼ 69.3% |
| Other amounts receivable41 | - | €4,958 | €4,958 | €7,997 | €28,720 | ▲ 259% |
| Cash at bank and in hand54/58 | €7,113 | €4,114 | €5,586 | €12,698 | €17,120 | ▲ 34.8% |
| Deferred charges and accrued income490/1 | - | - | €270 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31,530 | €18,748 | €27,582 | €39,388 | €61,078 | ▲ 55.1% |
| Equity10/15 | -€1,132 | €8,469 | €12,083 | €35,998 | €53,668 | ▲ 49.1% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €19,529 | ▲ 950% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | - | - | - | €19,529 | - |
| Profit (loss) carried forward14 | -€21,583 | -€11,983 | -€8,368 | €15,547 | €15,547 | = |
| Amounts payable17/49 | €32,662 | €10,280 | €15,499 | €3,391 | €7,409 | ▲ 119% |
| Amounts payable within one year42/48 | €32,662 | €10,280 | €15,499 | €3,391 | €7,409 | ▲ 119% |
| Financial debts43 | - | €6,634 | €2,151 | €881 | €882 | ▲ 0.1% |
| Credit institutions430/8 | - | €6,634 | €2,151 | €881 | €882 | ▲ 0.1% |
| Trade debts44 | €14,560 | €3,009 | €8,754 | €607 | €2,277 | ▲ 275% |
| Suppliers440/4 | - | €3,009 | €8,754 | €607 | €2,277 | ▲ 275% |
| Taxes, remuneration and social security45 | - | €636 | €1,111 | €1,903 | €4,251 | ▲ 123% |
| Taxes450/3 | - | €636 | €1,111 | €1,903 | €4,251 | ▲ 123% |
| Other amounts payable47/48 | - | - | €3,483 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,950 | €9,600 | €3,614 | €23,915 | €17,670 | ▼ 26.1% |
| + Depreciation and write-downs630 | - | €48 | €288 | €940 | €1,669 | ▲ 77.5% |
| Operating cash flow (approximation) | -€16,950 | €9,648 | €3,902 | €24,855 | €19,339 | ▼ 22.2% |
| Investment in fixed assets (approximation) | - | -€1,441 | -€4,668 | -€3,762 | -€3,677 | ▲ 2.3% |
| Change in cash | - | -€2,999 | €1,472 | €7,112 | €4,421 | ▼ 37.8% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €23,915 ▲562%
Operating result €25,081, net result €23,915, both a record.
31-12
Financial
Liquidity times 6current ratio 8.99
Current ratio from 1.39 to 8.99; short-term debt falls from €15,499 to €3,391.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €9,600
Net result €9,600 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet -€16,950
Net result drops to -€16,950, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €3,019
Net result €3,019 after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
Show earlier events
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ukkel · 1 establishment unit since 1990
Ground area
710 m²
Building footprint
281 m²
Volume, LiDAR
2,589 m³
2 parcels, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Jobsesteenweg 771, 1180 Ukkel
since 19902.046.934.877
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0124/00R002 | Brussels | 590 m² | 1 · 163 m² | 11.2 m · 2 fl. |
| 21612D0321/00M002 | Brussels | 120 m² | 1 · 119 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,378 companies in sector 95311 we hold annual accounts for 2,962. 2,136 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
Founded22-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439720596
Registered
25-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.