Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1.8 to 0.8.
Financials
Financial year 2025
SPILEERS from Zwevegem, company number BE0435663226, closed financial year 2025 with a result of € -50,711 after tax. For that financial year SPILEERS recorded a gross margin of € 582,291 and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 493,080 to € -50,711. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 3.3 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,711
▼ still € 493,080 profit in 2024
Profit after tax over the fiscal year.
€ 68,799
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 270,335.
People and assets in 2025
0.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 41,580
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,713
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 8% vs 2024
€ 160,016 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 124,073
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,223
▼ 77% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 644,022 | € 512,122 | € 781,970 | € 582,291 | ▼ 26% |
| Profit after taxes | € 242,180 | € 190,289 | € 493,080 | € -50,711 | ▼ € 543,791 |
| Equity | € -83,523 | € 2,879,913 | € 3,372,992 | € 3,322,282 | ▼ 2% |
| Total debts | € 2,274,159 | € 2,034,556 | € 1,865,835 | € 1,777,674 | ▼ 5% |
| Cash | € 39,644 | € 64,522 | € 35,994 | € 68,799 | ▲ 91% |
| Land & buildings | € 664,452 | € 3,383,421 | € 3,353,732 | € 3,345,618 | |
| Retained profit | € -362,323 | € -172,034 | € 321,046 | € 270,335 | ▼ 16% |
| Bank debt | € 1,738,644 | € 1,526,285 | € 1,340,282 | € 1,226,868 | ▼ 8% |
| Balance sheet total | € 2,190,636 | € 4,914,469 | € 5,238,827 | € 5,099,956 | ▼ 3% |
| Employees (FTE) | 2.5 | 1.8 | 0.9 | 0.8 | ▼ 0.1 |
Key figures of SPILEERS, 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 SPILEERS?
What happened at SPILEERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Annie Holvoet stepped down as director. NBB
- Molens Nova NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 50,711 (▼ € 543,791 vs 2024). Source: NBB ↗
- Annie Holvoet became a director. NBB
- Molens Nova NV became a director. NBB
- New establishment in Frasnes-lez-Anvaing. KBO
- Start of the company according to the CBE. KBO
In short
From € 242,180 profit in 2022 to € 50,711 loss in 2025.
Best year ever: 2024, with € 493,080 profit.
On average € 284,500 of value added per employee in 2023.
Management
The stake of MOLENS NOVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPILEERSThe shares are held by MOLENS NOVA (100%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Director · represented by Philip Vandenbogaerde
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Trekweg(M) 9
8552 Zwevegem
Chaussée de Renaix(A) 35
7910 Frasnes-lez-Anvaing
Active since 11 February 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0435.663.226
- VAT number
- BE 0435.663.226
- Registered office
- Trekweg(M) 9, 8552 Zwevegem
- Names & denominations
- SPILEERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1988
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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