SPRINGPRESS
ActiveSummary
SPRINGPRESS has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €334,193. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+1
Solvency92▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 1.9 against 2.24 in 2024; short-term debt: 19.9% and cash: 5.6% of total assets), and 33.1% 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○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 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.9%
Return on assets
12.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
58 d early
2023
61 d early
2022
88 d early
2021
76 d early
2020
22 d early
2019
51 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 64 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.8m▼ 2.0%
2024 · €1.8m
Total assets
€2.7m▼ 13.1%
2024 · €3.1m
Net result
€334,193▼ 7.4%
2024 · €360,915
Working capital
€480,939▼ 33.6%
2024 · €724,499
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, 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
Line20212022202320242025
Operating result€1.4m▲ 484%€103,232▼ 92.5%€225,782▲ 119%€490,181▲ 117%€445,004▼ 9.2%
Net result€1.1mabove the sector's middle half▲ 507%€139,185within the sector's middle half▼ 87.2%€226,273within the sector's middle half▲ 62.6%€360,915above the sector's middle half▲ 59.5%€334,193above the sector's middle half▼ 7.4%
Equity€1.9mabove the sector's middle half▲ 102%€1.8mabove the sector's middle half▼ 1.0%€1.9mabove the sector's middle half▲ 2.8%€1.8mwithin the sector's middle half▼ 3.2%€1.8mabove the sector's middle half▼ 2.0%
Total assets€3.2mwithin the sector's middle half▲ 186%€3.7mwithin the sector's middle half▲ 14.9%€3.5mwithin the sector's middle half▼ 4.9%€3.1mwithin the sector's middle half▼ 10.9%€2.7mwithin the sector's middle half▼ 13.1%
Debt€1.0m▲ 430%€1.5m▲ 49.1%€1.3m▼ 14.3%€992,628▼ 23.3%€639,583▼ 35.6%
Working capital€1.7m▲ 103%€531,446▼ 68.1%€921,078▲ 73.3%€724,499▼ 21.3%€480,939▼ 33.6%
Solvency58.5%within the sector's middle half▼ 24.3pp50.4%within the sector's middle half▼ 8.1pp54.6%within the sector's middle half▲ 4.1pp59.3%within the sector's middle half▲ 4.7pp66.9%within the sector's middle half▲ 7.6pp
Staff (FTE)4.3within the sector's middle half▼ 2.3%4.2within the sector's middle half▼ 2.3%3.6within the sector's middle half▼ 14.3%3.7within the sector's middle half▲ 2.8%4within the sector's middle half▲ 8.1%
above
within
below
the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, 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 falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.7m ▼ 6.4%
Current assets
€1.0m ▼ 22.3%
Equity and liabilities €2.7m
Equity
€1.8m ▼ 2.0%
Provisions
€250,899 ▼ 6.0%
Debt
€639,583 ▼ 35.6%
Debt's share of the balance-sheet total falls from 32.1% to 23.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€565,042▼
2024 · €611,586
Cash flow
€454,230▼
2024 · €482,320
Current ratio
1.90▼
2024 · 2.24
Quick ratio
0.92▼
2024 · 1.31
Debt to equity
0.36▼
2024 · 0.54
ROE
18.6%▼
2024 · 19.7%
ROA
12.4%▲
2024 · 11.7%
Interest coverage
59.12▲
2024 · 14.79
Debt ≤ 1 year
€535,517▼
2024 · €583,708
Debt > 1 year
€104,066▼
2024 · €407,181
Income taxes
€128,935▼
2024 · €138,958
Staff costs
€274,906▲
2024 · €248,082
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 0.1% 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1.2m | €0 | €600 | €0 | €8,264 | - |
| Remuneration, social security and pensions62 | €182,852 | €225,038 | €228,850 | €248,082 | €274,906 | ▲ 10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,937 | €61,958 | €121,427 | €121,405 | €120,038 | ▼ 1.1% |
| Other operating charges640/8 | €11,484 | €990 | €28,759 | €10,964 | €11,304 | ▲ 3.1% |
| Non-recurring operating charges66A | - | - | €16,500 | €214 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.6m | €391,217 | €621,318 | €870,846 | €851,252 | ▼ 2.3% |
| Operating profit (loss)9901 | €1.4m | €103,232 | €225,782 | €490,181 | €445,004 | ▼ 9.2% |
| Financial income75/76B | €32,254 | €52,795 | €42,642 | €34,932 | €11,578 | ▼ 66.9% |
| Recurring financial income75 | €32,254 | €52,795 | €42,642 | €34,932 | €11,578 | ▼ 66.9% |
| Financial charges65/66B | €6,405 | €19,254 | €30,268 | €41,343 | €9,557 | ▼ 76.9% |
| Recurring financial charges65 | €6,405 | €19,254 | €30,268 | €41,343 | €9,557 | ▼ 76.9% |
| Profit (loss) for the period before taxes9903 | €1.4m | €136,773 | €238,156 | €483,770 | €447,025 | ▼ 7.6% |
| Transfer from deferred taxes780 | - | €6,750 | €16,103 | €16,103 | €16,103 | = |
| Transfer to deferred taxes680 | €305,958 | €0 | - | - | - | - |
| Income taxes67/77 | €5,461 | €4,338 | €27,986 | €138,958 | €128,935 | ▼ 7.2% |
| Profit (loss) for the period9904 | €1.1m | €139,185 | €226,273 | €360,915 | €334,193 | ▼ 7.4% |
| Transfer from tax-exempt reserves789 | - | €20,250 | €48,309 | €48,309 | €48,309 | = |
| Transfer to tax-exempt reserves689 | €917,875 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €166,680 | €159,435 | €274,582 | €409,225 | €382,502 | ▼ 6.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €3.7m | €3.5m | €3.1m | €2.7m | ▼ 13.1% |
| Fixed assets21/28 | €905,252 | €1.9m | €1.9m | €1.8m | €1.7m | ▼ 6.4% |
| Tangible fixed assets22/27 | €905,002 | €1.9m | €1.9m | €1.8m | €1.7m | ▼ 6.4% |
| Land and buildings22 | - | €1.9m | €1.8m | €1.7m | €1.6m | ▼ 6.0% |
| Plant, machinery and equipment23 | €50,282 | €46,096 | €40,408 | €26,632 | €19,866 | ▼ 25.4% |
| Furniture and vehicles24 | - | €2,155 | €14,084 | €11,399 | €9,293 | ▼ 18.5% |
| Assets under construction and advance payments27 | €854,719 | €0 | - | - | - | - |
| Financial fixed assets28 | €250 | €0 | - | - | - | - |
| Current assets29/58 | €2.3m | €1.7m | €1.6m | €1.3m | €1.0m | ▼ 22.3% |
| Amounts receivable after more than one year29 | €619,518 | €466,548 | €312,357 | €156,868 | €0 | ▼ 100% |
| Trade receivables290 | €619,518 | €466,548 | €312,357 | €156,868 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €273,453 | €494,933 | €465,057 | €543,461 | €521,126 | ▼ 4.1% |
| Stocks30/36 | €273,453 | €494,933 | €465,057 | €543,461 | €521,126 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €746,483 | €409,015 | €448,467 | €471,998 | €345,984 | ▼ 26.7% |
| Trade receivables40 | €298,354 | €214,234 | €260,883 | €300,721 | €328,831 | ▲ 9.3% |
| Other amounts receivable41 | €448,128 | €194,781 | €187,583 | €171,276 | €17,152 | ▼ 90.0% |
| Current investments50/53 | - | €250 | €250 | €0 | - | - |
| Cash at bank and in hand54/58 | €622,232 | €351,228 | €336,118 | €135,880 | €149,123 | ▲ 9.7% |
| Deferred charges and accrued income490/1 | €11,322 | €1,747 | €15,000 | €0 | €223 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €3.7m | €3.5m | €3.1m | €2.7m | ▼ 13.1% |
| Equity10/15 | €1.9m | €1.8m | €1.9m | €1.8m | €1.8m | ▼ 2.0% |
| Contributions10/11 | €832,000 | €832,000 | €832,000 | €832,000 | €832,000 | = |
| Capital10 | €238,700 | €238,700 | €238,700 | €238,700 | €238,700 | = |
| Issued capital100 | €238,700 | €238,700 | €238,700 | €238,700 | €238,700 | = |
| Outside capital11 | €593,300 | €593,300 | €593,300 | €593,300 | €593,300 | = |
| Share premium1100/10 | €593,300 | €593,300 | €593,300 | €593,300 | €593,300 | = |
| Reserves13 | €1.0m | €1.0m | €1.1m | €1.0m | €963,792 | ▼ 3.6% |
| Non-distributable reserves130/1 | €24,755 | €24,755 | €24,755 | €24,755 | €24,755 | = |
| Legal reserve130 | €23,870 | €23,870 | €23,870 | €23,870 | €23,870 | = |
| Reserves not available under the articles1311 | - | €885 | €885 | €885 | €885 | = |
| Other1319 | €885 | - | - | - | - | - |
| Tax-exempt reserves132 | €917,875 | €897,625 | €849,316 | €801,007 | €752,698 | ▼ 6.0% |
| Distributable reserves133 | €84,663 | €86,957 | €187,201 | €174,338 | €186,340 | ▲ 6.9% |
| Profit (loss) carried forward14 | - | €0 | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €305,958 | €299,208 | €283,105 | €267,002 | €250,899 | ▼ 6.0% |
| Deferred taxes168 | €305,958 | €299,208 | €283,105 | €267,002 | €250,899 | ▼ 6.0% |
| Amounts payable17/49 | €1.0m | €1.5m | €1.3m | €992,628 | €639,583 | ▼ 35.6% |
| Amounts payable after more than one year17 | €404,085 | €306,667 | €636,425 | €407,181 | €104,066 | ▼ 74.4% |
| Financial debts170/4 | €404,085 | €306,667 | €636,425 | €407,181 | €104,066 | ▼ 74.4% |
| Amounts payable within one year42/48 | €607,084 | €1.2m | €656,171 | €583,708 | €535,517 | ▼ 8.3% |
| Current portion of amounts payable after more than one year42 | €208,333 | €200,000 | €191,667 | €100,000 | €100,000 | = |
| Trade debts44 | €72,943 | €229,635 | €188,195 | €32,010 | €76,284 | ▲ 138% |
| Suppliers440/4 | €72,943 | €229,635 | €188,195 | €32,010 | €76,284 | ▲ 138% |
| Advances received on contracts in progress46 | - | - | - | €2,758 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €8,849 | €5,501 | €1,972 | €26,852 | €9,986 | ▼ 62.8% |
| Taxes450/3 | - | - | - | €18,948 | €3,526 | ▼ 81.4% |
| Remuneration and social security454/9 | €8,849 | €5,501 | €1,972 | €7,903 | €6,460 | ▼ 18.3% |
| Other amounts payable47/48 | €316,958 | €757,140 | €274,338 | €422,088 | €349,247 | ▼ 17.3% |
| Accrued charges and deferred income492/3 | €1,838 | €11,113 | €1,677 | €1,739 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €139,185 | €226,273 | €360,915 | €334,193 | ▼ 7.4% |
| + Depreciation and write-downs630 | €34,937 | €61,958 | €121,427 | €121,405 | €120,038 | ▼ 1.1% |
| Operating cash flow (approximation) | €1.1m | €201,142 | €347,700 | €482,320 | €454,230 | ▼ 5.8% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€87,949 | -€11,526 | -€6,334 | ▲ 45.0% |
| Change in cash | - | -€271,004 | -€15,110 | -€200,239 | €13,244 | ▲ 107% |
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 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €139,185 ▼87.2%
Net result drops to €139,185, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.1m ▲507%
Operating result €1.4m, net result €1.1m, both a record.
31-12
Financial
Equity above €1mEq €1.9m ▲102%
4 profitable years in a row build equity to €1.9m.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
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 6 acts read
About the unread acts
We know of 6 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
6 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, Gent · 1 establishment unit since 1978
Ground area
1.9 ha
Building footprint
5,995 m²
Volume, LiDAR
17,956 m³
Parcel 44074C0577/00F000, Flanders · tallest building 10.9 m. Linked by address, not a title deed.
22
companies at this address
See who is registered here
1 establishment unit
Industrieweg 18, 9032 Gent
since 19782.015.531.128
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0577/00F000 | Flanders | 1.9 ha | 1 · 5,995 m² | 10.8 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 4 entries · 3,122 EUR awarded · 3,122 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 179 EUR | 2,891 EUR |
| 2024 | 2 | 2,943 EUR | 231 EUR |
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Of 42 companies in sector 20110 we hold annual accounts for 32. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-11-1978
Fiscal year end31-12
Activities, NACEBEL 2025
20110Manufacture of chemicals and chemical products
25930Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418899250
Also
9925:BE0418899250
Registered
23-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.