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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SPX from Halle, company number BE0501731609, closed financial year 2025 with a result of € -9,617 after tax. For that financial year SPX recorded a gross margin of € 63,199 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -4,122 to € -9,617. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 1.5 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,617
▼ 133 % more loss than in 2024
Profit after tax over the fiscal year.
€ 77,633
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -27,776.
Debts at end 2025
€ 102,973
▼ 16% vs 2024
€ 21,794 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,885
▲ € 2,367 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,689 | € 68,599 | € 64,589 | € 63,199 | ▼ 2% |
| Profit after taxes | € 8,323 | € -664 | € -4,122 | € -9,617 | ▼ € 5,495 |
| Equity | € 1,516,627 | € 1,515,963 | € 1,511,841 | € 1,502,224 | ▼ 1% |
| Total debts | € 172,885 | € 152,164 | € 130,466 | € 113,858 | ▼ 13% |
| Cash | € 93,336 | € 100,015 | € 63,932 | € 77,633 | ▲ 21% |
| Land & buildings | € 1,460,743 | € 1,418,640 | € 1,424,983 | € 1,380,966 | ▼ 3% |
| Retained profit | € -13,373 | € -14,037 | € -18,159 | € -27,776 | ▼ € 9,617 |
| Bank debt | € 161,880 | € 142,477 | € 122,843 | € 102,973 | ▼ 16% |
| Balance sheet total | € 1,689,511 | € 1,668,127 | € 1,642,307 | € 1,616,083 | ▼ 2% |
Key figures of SPX, 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 SPX?
What happened at SPX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,617. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Halle. KBO
In short
From € 8,323 profit in 2022 to € 9,617 loss in 2025.
Best year ever: 2022, with € 8,323 profit.
Management
Behind SPX is Marcel Ghysels.
Directors
According to the 2025 annual accounts
Marcel Ghysels
Director
Establishments
Establishment units
Physical locations of this company
Servaislaan 11
1500 Halle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0501.731.609
- VAT number
- BE 0501.731.609
- Registered office
- Servaislaan 11, 1500 Halle
- Names & denominations
- SPX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2012
- Peppol
- Active · Active since 8 Dec 2025