'T SPIJKER
ActiveSummary
'T SPIJKER has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €602,529 and a net result of €214,198. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 673 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Hotels and similar accommodation
NACE 55100Hotels NACE 55101
#1 company by total assets in Scherpenheuvel-Zichem, Accommodation and food service sector1 site
How big
€6.3mtotal assets 2024
- Equity
- €602,529
- Profit
- €214,198
Turnover not published (abridged schema)
Who decides
- Parent
- Management and Consulting · 100%
Accounts 62 d overdue0 of 4 deeds read
Why 56- Higher-failure-rate sector+ Long track record+ Growing equityFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability59▲+2
Solvency35▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.68 in 2023; short-term debt: 57.1% and cash: 0% of total assets), and 90.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more 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 €602,529
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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
68 d late
2023
64 d late
2022
305 d late
2021
191 d late
2020
90 d late
2019
122 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 140 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2018net €214,198 ▲9%
- Equity above €500,000Eq €602,529 ▲55.2%
Financials
Fiscal year 2024Total assets €6.3mProfit €214,198Solvency 9.6%Liquidity 0.75
Total assets
€6.3m▲ 5.0%
2018 - 2024
Net result
€214,198▲ 9.0%
2018 - 2024
Equity
€602,529▲ 55.2%
2018 - 2024
Staff (FTE)
1=
2018 - 2021
Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 company by total assets in Scherpenheuvel-Zichem, Accommodation and food service sector#3 company by equity in Scherpenheuvel-Zichem, Accommodation and food service sector#4 oldest company in Scherpenheuvel-Zichem, Accommodation and food service sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€0.1m▲ 14.7%-€0.1m-€0.2m▼ 28.8%€0.3m€0.4m▲ 22.7%
Net result€0.04mabove the sector's middle half▲ 10.2%-€0.2mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 59.4%€0.2mabove the sector's middle half€0.2mabove the sector's middle half▲ 9.0%
Equity€0.7mwithin the sector's middle half▲ 5.8%€0.5mwithin the sector's middle half▼ 28.3%€0.2mwithin the sector's middle half▼ 63.0%€0.4mwithin the sector's middle half▲ 102%€0.6mwithin the sector's middle half▲ 55.2%
Total assets€5.8mabove the sector's middle half▲ 5.8%€5.8mabove the sector's middle half▼ 0.1%€5.6mabove the sector's middle half▼ 4.0%€6.0mabove the sector's middle half▲ 7.4%€6.3mabove the sector's middle half▲ 5.0%
Debt€5.1m▲ 5.8%€5.3m▲ 3.9%€5.4m▲ 1.8%€5.6m▲ 4.0%€5.7m▲ 1.5%
Working capital-€1.2mbelow the sector's middle half▲ 5.6%-€1.3mbelow the sector's middle half▼ 6.0%-€1.2mbelow the sector's middle half▲ 8.9%-€1.0mbelow the sector's middle half▲ 13.1%-€0.9mbelow the sector's middle half▲ 11.5%
Solvency12.5%within the sector's middle half=8.9%within the sector's middle half▼ 3.5pp3.4%within the sector's middle half▼ 5.5pp6.5%within the sector's middle half▲ 3.1pp9.6%within the sector's middle half▲ 3.1pp
Current ratio0.56within the sector's middle half▲ 0.110.57within the sector's middle half▲ 0.010.58within the sector's middle half▲ 0.010.68within the sector's middle half▲ 0.100.75within the sector's middle half▲ 0.06
Return on assets (ROA)0.7%within the sector's middle half=-3.5%within the sector's middle half▼ 4.2pp-5.9%below the sector's middle half▼ 2.3pp3.3%within the sector's middle half▲ 9.2pp3.4%within the sector's middle half▲ 0.1pp
Staff (FTE)1below the sector's middle half▼ 41.2%1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, 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 and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 23% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.2m
Fixed assets
€3.5m ▼ 4.2%
Current assets
€2.7m ▲ 20.7%
Equity and liabilities €6.3m
Equity
€602,529 ▲ 55.2%
Debt
€5.7m ▲ 1.5%
Debt's share of the balance-sheet total falls from 93.5% to 90.4%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€593,617▲
2023 · €495,184
Cash flow
€447,462▲
2023 · €398,071
Debt to equity
9.41▼
2023 · 14.39
ROE
35.5%▼
2023 · 50.6%
Interest coverage
4.31▲
2023 · 4.10
Debt ≤ 1 year
€3.6m▲
2023 · €3.2m
Debt > 1 year
€2.1m▼
2023 · €2.3m
Income taxes
€41,118▲
2023 · €17
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 208 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 99% are still going.
- Medium-sized
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.5%
went bankrupt
0%
stopped otherwise
99%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 208 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,892 | €9,285 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €191,439 | €183,250 | €185,508 | €201,535 | €233,264 | ▲ 15.7% |
| Other operating charges640/8 | - | €25,707 | €107,412 | €41,793 | €66,363 | ▲ 58.8% |
| Gross operating margin9900 | €376,941 | €65,234 | €114,606 | €536,977 | €659,979 | ▲ 22.9% |
| Operating profit (loss)9901 | €127,491 | -€145,615 | -€187,598 | €293,649 | €360,353 | ▲ 22.7% |
| Financial income75/76B | - | €19,956 | €16,707 | €23,699 | €32,716 | ▲ 38.0% |
| Recurring financial income75 | €20,795 | €19,956 | €16,707 | €23,699 | €32,716 | ▲ 38.0% |
| Financial charges65/66B | - | €79,526 | €156,216 | €120,795 | €137,753 | ▲ 14.0% |
| Recurring financial charges65 | €71,031 | €79,526 | €156,216 | €120,795 | €137,753 | ▲ 14.0% |
| Profit (loss) for the period before taxes9903 | €77,255 | -€205,184 | -€327,107 | €196,553 | €255,316 | ▲ 29.9% |
| Income taxes67/77 | €37,811 | €62 | €64 | €17 | €41,118 | ▲ 238,539% |
| Profit (loss) for the period9904 | €39,445 | -€205,246 | -€327,171 | €196,536 | €214,198 | ▲ 9.0% |
| Profit (loss) for the period to be appropriated9905 | €39,445 | -€205,246 | -€327,171 | €196,536 | €214,198 | ▲ 9.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.8m | €5.8m | €5.6m | €6.0m | €6.3m | ▲ 5.0% |
| Formation expenses20 | €0.1m | €0.09m | €0.08m | €0.07m | €0.06m | ▼ 11.1% |
| Fixed assets21/28 | €4.1m | €4.0m | €3.8m | €3.7m | €3.5m | ▼ 4.2% |
| Tangible fixed assets22/27 | €4.1m | €4.0m | €3.8m | €3.7m | €3.5m | ▼ 4.2% |
| Land and buildings22 | - | €4.0m | €3.8m | €3.6m | €3.5m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | €0.006m | €0.004m | €0.05m | €0.04m | ▼ 25.5% |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €1.6m | €1.7m | €1.7m | €2.2m | €2.7m | ▲ 20.7% |
| Amounts receivable within one year40/41 | €1.6m | €1.7m | €1.6m | €2.2m | €2.7m | ▲ 21.4% |
| Trade receivables40 | - | €0.4m | €0.4m | €1.1m | €1.3m | ▲ 18.9% |
| Other amounts receivable41 | - | €1.4m | €1.3m | €1.1m | €1.3m | ▲ 24.0% |
| Cash at bank and in hand54/58 | €0.004m | €0.004m | €0.002m | €0.002m | €0.001m | ▼ 51.5% |
| Deferred charges and accrued income490/1 | - | - | €0.01m | €0.01m | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.8m | €5.8m | €5.6m | €6.0m | €6.3m | ▲ 5.0% |
| Equity10/15 | €0.7m | €0.5m | €0.2m | €0.4m | €0.6m | ▲ 55.2% |
| Contributions10/11 | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.7m | €0.5m | €0.2m | €0.4m | €0.6m | ▲ 57.9% |
| Non-distributable reserves130/1 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | €0.5m | €0.2m | €0.4m | €0.6m | ▲ 58.2% |
| Amounts payable17/49 | €5.1m | €5.3m | €5.4m | €5.6m | €5.7m | ▲ 1.5% |
| Amounts payable after more than one year17 | €2.3m | €2.2m | €2.5m | €2.3m | €2.1m | ▼ 11.0% |
| Financial debts170/4 | - | €2.2m | €2.5m | €2.3m | €2.1m | ▼ 11.0% |
| Amounts payable within one year42/48 | €2.8m | €3.0m | €2.8m | €3.2m | €3.6m | ▲ 10.5% |
| Current portion of amounts payable after more than one year42 | - | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 20.6% |
| Trade debts44 | €1.7m | €1.8m | €1.5m | €1.9m | €1.9m | ▼ 3.4% |
| Suppliers440/4 | - | €1.8m | €1.5m | €1.9m | €1.9m | ▼ 3.4% |
| Advances received on contracts in progress46 | - | €0.2m | - | - | - | - |
| Taxes, remuneration and social security45 | - | €0.4m | €0.3m | €0.3m | €0.4m | ▲ 52.8% |
| Taxes450/3 | - | €0.4m | €0.3m | €0.3m | €0.4m | ▲ 52.8% |
| Remuneration and social security454/9 | - | €0.001m | - | - | - | - |
| Other amounts payable47/48 | - | €0.2m | €0.8m | €0.8m | €1.0m | ▲ 25.9% |
| Accrued charges and deferred income492/3 | - | €0.005m | €0.01m | €0.007m | €0.006m | ▼ 10.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,445 | -€205,246 | -€327,171 | €196,536 | €214,198 | ▲ 9.0% |
| + Depreciation and write-downs630 | €191,439 | €183,250 | €185,508 | €201,535 | €233,264 | ▲ 15.7% |
| Operating cash flow (approximation) | €230,884 | -€21,996 | -€141,663 | €398,071 | €447,462 | ▲ 12.4% |
| Investment in fixed assets (approximation) | - | -€40,514 | -€29,989 | -€72,094 | -€79,277 | ▼ 10.0% |
| Change in cash | - | -€135 | -€1,515 | €219 | -€1,139 | ▼ 621% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
PASSERELLE
BE 0861.994.854
Geel · Eq €604,724
DU SAULE - LE - FORESTIER
BE 0445.238.512
Bouillon · Eq €597,841
AZIMUT
BE 0418.910.039
Elsene · Eq €607,992
Wiziu Belgique
BE 1017.543.262
Sint-Gillis (bij-Brussel) · Eq €594,942
CAMPABEL
BE 0427.581.245
Vilvoorde · Eq €610,456
Of 2,392 companies in this sector we hold annual accounts for 1,519. 1,063 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent Management and Consulting · 100%
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 ownerChain of control
- Management and Consulting
- 'T SPIJKER
Highest known parent: Management and Consulting. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 4 Gazette acts processed.
Timeline
16 eventsLatest 07-10-2025
History
Acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
31-12
Financial
Highest result since 2018net €214,198 ▲9%
Operating result €360,353, net result €214,198, both a record.
31-12
Financial
Equity above €500,000Eq €602,529 ▲55.2%
2 profitable years in a row build equity to €602,529.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 305 days late
2023
31-12
Financial
Back to profitnet €196,536
Net result €196,536 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €388,330 ▲102%
Equity rises from €191,794 to €388,330.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 191 days late
2022
31-12
Financial
Weakest financial yearnet -€327,171
Net result drops to -€327,171, the lowest in the series; recovery starts the following year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Back to profitnet €35,810
Net result €35,810 after one loss-making year.
Show earlier events
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 114 days late
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 134 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Company details
Private limited company (pre-2019) · founded 14-10-1999Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded14-10-1999
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467067965
Also
9925:BE0467067965
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2000
Ground area
1.5 ha
Building footprint
464 m²
Volume, LiDAR
2,375 m³
Parcel 24098B0231/00_000, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schransstraat 68A, 3270 Scherpenheuvel-Zichem
since 2000unit no. 2.097.225.914
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098B0231/00_000 | Flanders | 1.5 ha | 1 · 464 m² | 17.1 m · 2 fl. |
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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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