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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Spencer West Belgium from Knokke-Heist, company number BE0444529422, closed financial year 2024 with a result of € 79,763 after tax. For that financial year Spencer West Belgium recorded a gross margin of € 87,289 and equity of € -23,125. Compared with financial year 2023, the result moved from € 79,140 to € 79,763. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ -23,125
▲ € 79,763 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,763
▲ 1% vs 2023
Profit after tax over the fiscal year.
€ 22,208
▲ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -29,325.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,239
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 5,187
Loans from banks and other lenders, long and short.
€ 4,817
▼ 84% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 61,123 | € 105,573 | € 87,289 | ▼ 17% |
| Profit after taxes | € 59,194 | € 79,140 | € 79,763 | ▲ 1% |
| Equity | € -236,275 | € -102,887 | € -23,125 | ▲ € 79,763 |
| Total debts | € 277,533 | € 144,339 | € 89,991 | ▼ 38% |
| Cash | € 13,946 | € 21,276 | € 22,208 | ▲ 4% |
| Retained profit | € -242,475 | € -109,087 | € -29,325 | ▲ € 79,763 |
| Bank debt | € 6,886 | € 5,198 | € 5,187 | |
| Balance sheet total | € 41,258 | € 41,452 | € 66,866 | ▲ 61% |
Key figures of Spencer West Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Spencer West Belgium?
What happened at Spencer West Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 79,763 (▲ 1% vs 2023). filed late Source: NBB ↗
- Jan CANT became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,194 profit in 2021 to € 79,763 profit in 2024.
Best year ever: 2024, with € 79,763 profit.
Management
Behind Spencer West Belgium is Jan CANT. Jan CANT is also behind FEDERATION ABBE FROIDURE - FEDERATIE ABBE FROIDURE and GABLOK.
Directors
According to the 2024 annual accounts
since 2002
Establishments
Establishment units
Physical locations of this company
Nieuwe Hazegrasdijk 42
8300 Knokke-Heist
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
- 0444.529.422
- VAT number
- BE 0444.529.422
- Registered office
- Nieuwe Hazegrasdijk 42, 8300 Knokke-Heist
- Names & denominations
- Spencer West Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1991
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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