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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPINCOF from Edegem, company number BE0645636750, closed financial year 2025 with a result of € 91,788 after tax. For that financial year SPINCOF recorded a gross margin of € 130,975 and equity of € 291,080. Compared with financial year 2024, the result moved from € 79,998 to € 91,788. Profitable, and profit is growing. 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 28, 2026.
€ 291,080
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,788
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 35,760
▲ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 131,549 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 16,321
▲ € 15,199 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.
€ 691
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,669
▲ 221% 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 | € 124,154 | € 59,167 | € 110,222 | € 130,975 | ▲ 19% |
| Profit after taxes | € 85,615 | € 35,479 | € 79,998 | € 91,788 | ▲ 15% |
| Equity | € 243,493 | € 256,979 | € 330,841 | € 291,080 | ▼ 12% |
| Total debts | € 39,146 | € 24,637 | € 17,244 | € 74,472 | ▲ € 57,229 |
| Cash | € 155,320 | € 32,472 | € 22,645 | € 35,760 | ▲ 58% |
| Retained profit | € 237,293 | € 250,779 | € 324,641 | € 284,880 | ▼ 12% |
| Dividend | € 20,475 | € 21,994 | € 6,136 | € 131,549 | ▲ € 125,413 |
| Balance sheet total | € 282,640 | € 281,616 | € 348,085 | € 365,553 | ▲ 5% |
Key figures of SPINCOF, 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 SPINCOF?
What happened at SPINCOF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,788 (▲ 15% vs 2024). Source: NBB ↗
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,615 profit in 2022 to € 91,788 profit in 2025.
Paid € 128,746 in corporate taxes since 2022.
Best year ever: 2025, with € 91,788 profit.
Paid out € 180,153 in dividends to the owners in total.
Management
Behind SPINCOF is Steven Peeters.
Directors
According to the 2025 annual accounts
Steven Peeters
Director
Establishments
Establishment units
Physical locations of this company
Jan Ockegemstraat 24
2650 Edegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.636.750
- VAT number
- BE 0645.636.750
- Registered office
- Jan Ockegemstraat 24, 2650 Edegem
- Names & denominations
- SPINCOF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2016
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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