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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
SPINNOVATION from Jabbeke, company number BE0478451312, closed financial year 2025 with a result of € 72,454 after tax. For that financial year SPINNOVATION recorded a gross margin of € 111,068 and equity of € 456,583. Compared with financial year 2024, the result moved from € 51,437 to € 72,454. 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 April 29, 2026.
€ 456,583
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 72,454
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 31,788
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
55 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 32,887
▼ 20% 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.
€ 4,399
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,065
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,113
▼ 47% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,465 | € 146,013 | € 100,547 | € 111,068 | ▲ 10% |
| Profit after taxes | € 62,313 | € 76,158 | € 51,437 | € 72,454 | ▲ 41% |
| Equity | € 336,534 | € 392,692 | € 424,128 | € 456,583 | ▲ 8% |
| Total debts | € 46,848 | € 110,384 | € 69,604 | € 73,649 | ▲ 6% |
| Cash | € 45,477 | € 14,584 | € 40,217 | € 31,788 | ▼ 21% |
| Land & buildings | € 1,351 | € 1,158 | € 965 | € 772 | ▼ 20% |
| Retained profit | € 330,334 | € 386,492 | € 417,928 | € 450,383 | ▲ 8% |
| Dividend | € 10,000 | € 20,000 | € 20,000 | € 40,000 | ▲ 100% |
| Balance sheet total | € 383,381 | € 503,075 | € 493,733 | € 530,232 | ▲ 7% |
Key figures of SPINNOVATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to SPINNOVATION?
What happened at SPINNOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 72,454 (▲ 41% vs 2024). Source: NBB ↗
- THE BULL AND THE BEAR NV became a director. NBB
- THE RAINTREE NV stepped down as director. NBB
- THE RAINTREE NV became a director. NBB
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,313 profit in 2022 to € 72,454 profit in 2025.
Paid € 79,086 in corporate taxes since 2022.
Best year ever: 2023, with € 76,158 profit.
Paid out € 90,000 in dividends to the owners in total.
Management
The stake of THE BULL & THE BEAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPINNOVATIONBehind SPINNOVATION is THE BULL AND THE BEAR NV. The shares are held by THE BULL & THE BEAR (48%).
Directors
According to the 2025 annual accounts
since 2025
since 2014 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Thems 10
8490 Jabbeke
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
- 0478.451.312
- VAT number
- BE 0478.451.312
- Registered office
- Grote Thems 10, 8490 Jabbeke
- Names & denominations
- SPINNOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2002
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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