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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPAMA from Tielt-Winge, company number BE0463498860, closed financial year 2025 with a result of € 18,097 after tax. For that financial year SPAMA recorded a gross margin of € -13,614 and equity of € 238,020. Compared with financial year 2024, the result moved from € 3,972 to € 18,097. 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 July 30, 2026.
€ 238,020
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,097
▲ € 14,124 vs 2024
Profit after tax over the fiscal year.
€ 64,601
▲ 111% 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 € 198,020.
People and assets in 2025
€ 457
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
€ 26,754
▼ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 10,712
▲ € 10,243 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,998
Taxes, VAT and social contributions still to pay.
| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,951 | € -10,021 | € -19,958 | € -13,614 | ▲ € 6,344 |
| Profit after taxes | € 602 | € -30,953 | € 3,972 | € 18,097 | ▲ € 14,124 |
| Equity | € 246,904 | € 215,951 | € 219,923 | € 238,020 | ▲ 8% |
| Total debts | € 133,245 | € 230,068 | € 194,159 | € 203,324 | ▲ 5% |
| Cash | € 56,766 | € 49,676 | € 30,587 | € 64,601 | ▲ 111% |
| Land & buildings | € 60,311 | € 51,448 | € 42,586 | € 33,723 | ▼ 21% |
| Retained profit | € 206,904 | € 175,951 | € 179,923 | € 198,020 | ▲ 10% |
| Bank debt | € 42,437 | € 14,580 | € 33,807 | € 26,754 | ▼ 21% |
| Balance sheet total | € 380,149 | € 446,018 | € 414,082 | € 441,344 | ▲ 7% |
Key figures of SPAMA, fiscal years 2023 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 SPAMA?
What happened at SPAMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,097 (▲ € 14,124 vs 2024). Source: NBB ↗
- PAUL SCHOONJANS became a director. NBB
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 602 profit in 2023 to € 18,097 profit in 2025.
Paid € 4,241 in corporate taxes since 2023.
Best year ever: 2025, with € 18,097 profit.
Management
Behind SPAMA are MARTINE VANHOUTTE and PAUL SCHOONJANS.
Directors
According to the 2025 annual accounts
MARTINE VANHOUTTE
Director
PAUL SCHOONJANS
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Sint-Jorisveld 60
3390 Tielt-Winge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.498.860
- VAT number
- BE 0463.498.860
- Registered office
- Sint-Jorisveld 60, 3390 Tielt-Winge
- Names & denominations
- SPAMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 1998
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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