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 32 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SPALEMA from Spa, company number BE0453223392, closed financial year 2025 with a result of € 49,005 after tax. For that financial year SPALEMA recorded a gross margin of € 80,684 and equity of € 118,477. Compared with financial year 2024, the result moved from € 37,349 to € 49,005. Profitable, and profit is growing. 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 June 29, 2026.
€ 118,477
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,005
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 23,140
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 47,196 paid out
96 % of the profit went to the shareholders, mostly to PROSAIS (50 % of the shares). That is where the money ends up.
Debts at end 2025
€ 40,000
Loans from banks and other lenders, long and short.
€ 97
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,420
▲ 38% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 82,589 | € 59,050 | € 72,789 | € 80,684 | ▲ 11% |
| Profit after taxes | € 52,148 | € 34,971 | € 37,349 | € 49,005 | ▲ 31% |
| Equity | € 115,494 | € 116,283 | € 116,668 | € 118,477 | ▲ 2% |
| Total debts | € 195,534 | € 98,387 | € 91,290 | € 113,637 | ▲ 24% |
| Cash | € 16,360 | € 3,549 | € 32,940 | € 23,140 | ▼ 30% |
| Land & buildings | € 19,739 | € 17,353 | € 17,353 | € 17,353 | |
| Retained profit | € 15,494 | € 16,283 | € 16,668 | € 18,477 | ▲ 11% |
| Dividend | € 66,306 | € 34,182 | € 36,964 | € 47,196 | ▲ 28% |
| Bank debt | € 40,000 | € 40,000 | € 40,000 | € 40,000 | |
| Balance sheet total | € 311,028 | € 214,671 | € 207,958 | € 232,114 | ▲ 12% |
Key figures of SPALEMA, 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 SPALEMA?
What happened at SPALEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PAUL MATHY stepped down as director. NBB
- YVES LEJEUNE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 49,005 (▲ 31% vs 2024). Source: NBB ↗
- PAUL MATHY became a director. NBB
- YVES LEJEUNE became a director. NBB
- New establishment in Theux. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,148 profit in 2022 to € 49,005 profit in 2025.
Paid € 47,520 in corporate taxes since 2022.
Best year ever: 2022, with € 52,148 profit.
Paid out € 184,649 in dividends to the owners in total.
Management
The stake of PROSAIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPALEMAThe shares are held by PROSAIS (50%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 260
4900 Spa
Rue Sur le Thier 746
4910 Theux
Active since 19 January 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →René LEJEUNE et Fils same network
€ 31.5 million revenue · 2025
ASSM LEJEUNE - NELLES
René Lejeune SA - Wilkin SA
SM Lejeune - Bonfond
SM LEJEUNE - HYDROGAZ
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.223.392
- VAT number
- BE 0453.223.392
- Registered office
- Avenue Reine Astrid 260, 4900 Spa
- Names & denominations
- SPALEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 1994
- Peppol
- Not registered