Losses
-€839 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
SPS-CONSTRUCT
Lifetime
7 annual accounts with figures on one time axispeak €52,060 (2025)
€52,060▲ 40.4%
lowest -€15,379 (2021)
-€661▼ €483
peak €55,064 (2020)
€42,526▼ 1.5%
€36,223▼ 41.1%
Board3 names since 2019
2 directorsDE SOUSA SILVA Eurico Manuel and 1 other
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from €37,069 to €52,060Loss of €661Debts from €61,507 to €36,223Cash from €42,310 to €9,043
Key points
from the 2025 annual accountsInvestments
€9,487 2.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 80.1% higher than in 2024.
Filings
7 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Checked score
52
Fair
Financially stronger than 36% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 1.0%▲ +0.4 percentage points vs 07-2025
09-2025: 1.2%▲ +0.2 percentage points vs 08-2025
10-2025: 2.0%▲ +0.8 percentage points vs 09-2025
11-2025: 1.2%▼ -0.8 percentage points vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.1%▼ -0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.7 percentage points vs 07-2026
09-2026: 2.1%▲ +0.3 percentage points vs 08-2026
10-2026: 2.4%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 2.4%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 76 days late; 3 of the last 3 accounts late
Size: total assets €78,749
Founded in 2019
Sector: Specialised construction activities (NACE 43)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 59% of them on solvency, 31% on liquidity, 20% on profitability and 32% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as SPS-CONSTRUCT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SPS-CONSTRUCT itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for SPS-CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.9 (1.58 in 2024), above the usual 1.5. Short-term debt is 46% and cash 11.5% of total assets. 46% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
76 days late
2024
60 days late
2023
36 days late
2022
32 days early
2021
38 days late
2020
74 days late
2019
63 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 September (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE SOUSA SILVA Eurico Manuel 16 sharesdeed of 11-03-2020
- MOITA FERREIRA Nuno Manuel 17 sharesdeed of 11-03-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721682176
Reappointments: DE SOUSA SILVA Eurico Manuel (director) and MOITA FERREIRA Nuno Manuel (director)
General meeting of 30-11-2023 · Gazette deed
Registered office moved from Molenbeek-Saint-Jean to Anderlecht
New registered office: Avenue d'Itterbeek, 170 à 1070 Anderlecht · Previous registered office: Boulevard Louis Mettewie 62, 1080 Molenbeek-Saint-Jean · General meeting of 04-01-2022 · Gazette deed
Resignation: PEREIRA DA ROCHA Paulo Jorge (manager)
Transfer of 16 shares from PEREIRA DA ROCHA Paulo Jorge to DE SOUSA SILVA Eurico Manuel · Transfer of 17 shares from PEREIRA DA ROCHA Paulo Jorge to MOITA FERREIRA Nuno Manuel · Director discharge: PEREIRA DA ROCHA Paulo Jorge · General meeting of 20-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SPS-CONSTRUCT Anderlecht | €78,749 | €52,060 | 54.0% | - |
| ELIT COMPANY Schaerbeek | €65,181 | €49,344 | 48.8% | - |
| Brabo Connect Lokeren | €88,623 | €47,946 | 52.1% | - |
| Thaleian Sint-Truiden | €88,244 | €46,143 | 51.3% | - |
| SAH ART Anderlecht | €77,402 | €49,068 | 56.2% | - |
| SUVI Anderlecht | €62,403 | €44,471 | 30.3% | - |
| ZACK BATI & GARDENS Brussels | €97,837 | €55,113 | 23.7% | - |
These companies have the same main activity as SPS-CONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €62,400 and €97,800, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 28-02-2019Normal situation
- Activity
- Site preparationNACE 43120and 6 others
- Establishment unit
- 2.286.531.9061070 Anderlecht, since 28-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 01-10-2025
Annual accounts 2025
- ≈ €220,000estimated
- €78,749▼ 24.8%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 15-10-2026
Insights on SPS-CONSTRUCT
SPS-CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €43,522 in 2019 to €52,060 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SPS-CONSTRUCT
- What is the company number of SPS-CONSTRUCT?
- The company number of SPS-CONSTRUCT is 0721.682.176. The VAT number is the same number with BE in front: BE 0721.682.176.
- Where is SPS-CONSTRUCT based?
- The registered office is at Itterbeekse Laan 170, 1070 Anderlecht.Company details
- What does SPS-CONSTRUCT do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of SPS-CONSTRUCT?
- SPS-CONSTRUCT is a private limited company (BV).
- When was SPS-CONSTRUCT founded?
- SPS-CONSTRUCT was founded on 28-02-2019.
- Is SPS-CONSTRUCT still active?
- Yes, SPS-CONSTRUCT is an active enterprise in the KBO register.
- How many employees does SPS-CONSTRUCT have?
- SPS-CONSTRUCT had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SPS-CONSTRUCT?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €52,060 and 34 comparable companies (NACE 431). It probably lies between €160,000 and €380,000.
- Is SPS-CONSTRUCT profitable?
- In financial year 2025, SPS-CONSTRUCT made a loss of €661.
- Where can I find the annual accounts of SPS-CONSTRUCT?
- SPS-CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SPS-CONSTRUCT due?
- SPS-CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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