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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPEGA from Brecht, company number BE0462529553, closed financial year 2025 with a result of € -50,402 after tax. For that financial year SPEGA recorded a gross margin of € 12,371 and equity of € 1,014. Compared with financial year 2024, the result moved from € 4,159 to € -50,402. The company made a loss. The buffer shrank hard: equity is 98 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 1,014
▼ 98% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,402
▼ still € 4,159 profit in 2024
Profit after tax over the fiscal year.
€ 86
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,578.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 60,378
▲ € 49,629 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.
€ 826
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 13,910
Loans from banks and other lenders, long and short.
€ 11,390
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,161
▲ 67% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,900 | € 57,872 | € 22,938 | € 12,371 | ▼ 46% |
| Profit after taxes | € 1,588 | € 23,828 | € 4,159 | € -50,402 | ▼ € 54,560 |
| Equity | € 27,095 | € 50,923 | € 51,416 | € 1,014 | ▼ 98% |
| Total debts | € 32,061 | € 28,161 | € 13,859 | € 34,546 | ▲ 149% |
| Cash | € 15,578 | € 13,031 | € 16,570 | € 86 | ▼ 99% |
| Retained profit | € 8,503 | € 32,331 | € 32,824 | € -17,578 | ▼ € 50,402 |
| Bank debt | € 0 | € 0 | € 0 | € 13,910 | |
| Balance sheet total | € 59,156 | € 79,084 | € 65,275 | € 35,560 | ▼ 46% |
Key figures of SPEGA, 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 October 2026.
What happened to SPEGA?
What happened at SPEGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 50,402 (▼ € 54,560 vs 2024). Source: NBB ↗
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,588 profit in 2022 to € 50,402 loss in 2025.
Paid € 15,548 in corporate taxes since 2022.
Best year ever: 2023, with € 23,828 profit.
Management
Behind SPEGA is KOENRAAD THYSSENS.
Directors
According to the 2025 annual accounts
KOENRAAD THYSSENS
Manager
Establishments
Establishment units
Physical locations of this company
Tilburgbaan 86
2960 Brecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.529.553
- VAT number
- BE 0462.529.553
- Registered office
- Tilburgbaan 86, 2960 Brecht
- Names & denominations
- SPEGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 1998
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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Overige groothandel
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