Financials
Financial year 2025
SPAREX BELGIUM from Nieuwpoort, company number BE0426612928, closed financial year 2025 with a result of € 37,543 after tax. For that financial year SPAREX BELGIUM recorded revenue of € 2.9 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 52,942 to € 37,543. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 1.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,543
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 243,299
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 107,363
▲ 4% vs 2024
€ 107,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 286,345
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 27,242
▼ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,005,296 | € 3,023,711 | € 3,017,615 | € 2,879,590 | ▼ 5% |
| Profit after taxes | € 34,517 | € 22,081 | € 52,942 | € 37,543 | ▼ 29% |
| Equity | € 1,057,535 | € 1,079,616 | € 1,132,558 | € 1,170,101 | ▲ 3% |
| Total debts | € 452,528 | € 399,150 | € 349,007 | € 313,588 | ▼ 10% |
| Cash | € 368,546 | € 297,434 | € 371,143 | € 243,299 | ▼ 34% |
| Retained profit | € 1,038,935 | € 1,061,016 | € 1,113,958 | € 1,151,501 | ▲ 3% |
| Balance sheet total | € 1,510,063 | € 1,478,766 | € 1,481,565 | € 1,483,689 | |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of SPAREX BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SPAREX BELGIUM?
What happened at SPAREX BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MARK DOGGRELL stepped down as director. NBB
- ALAIN PINVIDIC stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 37,543 (▼ 29% vs 2024). filed late Source: NBB ↗
- DAVID DELANEY became a director. NBB
- MARK DOGGRELL became a director. NBB
- ALAIN PINVIDIC became a director. NBB
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,517 profit in 2022 to € 37,543 profit in 2025.
Paid € 53,999 in corporate taxes since 2022.
Best year ever: 2024, with € 52,942 profit.
Pays suppliers within 40 days on average.
Management
Behind SPAREX BELGIUM is DAVID DELANEY. The shares are held by SPAREX LIMITE (100%).
Directors
According to the 2025 annual accounts
DAVID DELANEY
Director
since 2025
MARK DOGGRELL
Director
since 2024 · until 2027
ALAIN PINVIDIC
Director
since 2024 · until 2027
Shareholders
SPAREX LIMITE
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Toevluchtweg 9
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
sparex.com
Registered
2002-01-08
Registrar
Moniker Online Services LLC
Expires
2027-01-08
Website info
Features
Security
Network
Details
- Company number
- 0426.612.928
- VAT number
- BE 0426.612.928
- Registered office
- Toevluchtweg 9, 8620 Nieuwpoort
- Names & denominations
- SPAREX BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1984
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sparex.com
- Activities · NACE
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