SPX Projects
ActiveSPX Projects is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €6k and a net result of €4k. Its solvency ranks better than 25% of 27358 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability100
Solvency41
Growth-
Stability50
Credit verdict
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.31), and 76.4% of the assets are financed with debt.
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 27358 sector peers (2025).
NBB · sector comparisonPosition among 27358 sector peers
Solvency
better than 25%
← weakest
strongest →
raises risk · Young company
Founded in 2025, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€6k
Total assets
€24k
Net result
€4k
Working capital
€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €24k
Equity
€6k
Debt
€19k
Debt finances 76.4% of the balance-sheet total.
Key figures and ratios
Solvency
23.6%
Current ratio
1.31
Quick ratio
1.31
Debt / equity
3.23
ROE
62.4%
ROA
14.8%
Debt
€19k
Debt ≤ 1 year
€19k
Income taxes
€1k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€24k
Current assets29/58€24k
Amounts receivable within one year40/41€9k
Trade receivables40€9k
Cash at bank and in hand54/58€15k
Equity and liabilities
Total equity and liabilities10/49€24k
Equity10/15€6k
Contributions10/11€3k
Profit (loss) carried forward14€3k
Amounts payable17/49€19k
Amounts payable within one year42/48€19k
Trade debts44€753
Suppliers440/4€753
Taxes, remuneration and social security45€7k
Taxes450/3€7k
Other amounts payable47/48€11k
Income statement
Code2025
Gross operating margin9900€5k
Operating profit (loss)9901€5k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€42
Recurring financial charges65€42
Profit (loss) for the period before taxes9903€5k
Income taxes67/77€1k
Profit (loss) for the period9904€4k
Profit (loss) for the period to be appropriated9905€4k
Appropriation of the result
Profit (loss) to be appropriated9906€4k
Profit to be distributed694/7€833
Return on contributions (dividend)694€833
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Kasterlee · 1 establishment unit since 2025
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.
Olensteenweg 27 A2460 KasterleeGround area
2,462 m²
Building footprint
320 m²
Volume, LiDAR
4,034 m³
2 parcels, Flanders · tallest building 23.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SPX Projects
since 20252.379.292.907
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018D0221/00C008 | Flanders | 1,271 m² | 1 · 188 m² | 22.8 m · 5 fl. |
| 13018D0221/00D008 | Flanders | 1,191 m² | 1 · 132 m² | 23.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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CT ELEC
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FREEDOM ENERGY
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MARTIKRISTO
BE 0821.865.954
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Climaflow
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 4,043 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2025
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
27120Manufacture of electrical equipment
43212Electrical installation work in industrial facilities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.