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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPIESSENS & CO from Bornem, company number BE0478995896, closed financial year 2025 with a result of € 13,867 after tax. For that financial year SPIESSENS & CO recorded a gross margin of € 77,988 and equity of € 263,172. Compared with financial year 2024, the result moved from € -87,770 to € 13,867. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 263,172
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,867
▲ still € 87,770 loss in 2024
Profit after tax over the fiscal year.
€ 61,875
▼ 60% 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 € 244,572.
People and assets in 2025
€ 6,479
▼ 33% 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.
Debts at end 2025
€ 179,031
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 6,026
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,456
▲ 33% 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 | € 65,316 | € 74,253 | € 25,885 | € 77,988 | ▲ 201% |
| Profit after taxes | € -3,400 | € 454 | € -87,770 | € 13,867 | ▲ € 101,636 |
| Equity | € 337,421 | € 337,075 | € 249,305 | € 263,172 | ▲ 6% |
| Total debts | € 345,109 | € 500,913 | € 409,071 | € 723,069 | ▲ 77% |
| Cash | € 90,804 | € 396,832 | € 156,358 | € 61,875 | ▼ 60% |
| Land & buildings | € 153,894 | € 147,517 | € 137,946 | € 112,570 | ▼ 18% |
| Retained profit | € 318,821 | € 318,475 | € 230,705 | € 244,572 | ▲ 6% |
| Dividend | € 800 | € 800 | € 0 | € 0 | |
| Bank debt | € 198,939 | € 191,389 | € 186,083 | € 179,031 | ▼ 4% |
| Balance sheet total | € 682,530 | € 837,987 | € 658,376 | € 986,241 | ▲ 50% |
Key figures of SPIESSENS & CO, 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 SPIESSENS & CO?
What happened at SPIESSENS & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,867. filed late Source: NBB ↗
- Frederik Spiessens became a director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,400 loss in 2022 to € 13,867 profit in 2025.
Paid € 4,315 in corporate taxes since 2022.
Best year ever: 2025, with € 13,867 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind SPIESSENS & CO is Frederik Spiessens. Frederik Spiessens is also behind Quality Sporthorses and AGO-Vastgoed.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Jozef Spiessensstraat(WIN) 6
2880 Bornem
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
- 0478.995.896
- VAT number
- BE 0478.995.896
- Registered office
- Jozef Spiessensstraat(WIN) 6, 2880 Bornem
- Names & denominations
- SPIESSENS & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2002
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
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