Financials
Financial year 2025
SPINN from Grimbergen, company number BE0671887227, closed financial year 2025 with a result of € 131,255 after tax. For that financial year SPINN recorded a gross margin of € 224,088 and equity of € 387,880. Compared with financial year 2024, the result moved from € 164,177 to € 131,255. The company is profitable. 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 October 31, 2025.
€ 387,880
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 131,255
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 71,852
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,000 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 39
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,089
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 393,973
▲ 148% vs 2024
€ 18,844 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 2,938
▼ 89% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,948 | € 9,900 | € 214,228 | € 224,088 | ▲ 5% |
| Profit after taxes | € -8,676 | € -2,320 | € 164,177 | € 131,255 | ▼ 20% |
| Equity | € 99,768 | € 97,448 | € 260,625 | € 387,880 | ▲ 49% |
| Total debts | € 195,524 | € 92,405 | € 227,705 | € 429,634 | ▲ 89% |
| Cash | € 78,185 | € 42,744 | € 108,641 | € 71,852 | ▼ 34% |
| Land & buildings | - | - | € 245,349 | € 453,247 | ▲ 85% |
| Retained profit | € 81,168 | € 78,848 | € 242,025 | € 369,280 | ▲ 53% |
| Dividend | € 0 | € 0 | € 1,000 | € 4,000 | ▲ 300% |
| Bank debt | € 100,000 | € 52,872 | € 158,773 | € 393,973 | ▲ 148% |
| Balance sheet total | € 295,292 | € 189,853 | € 488,331 | € 817,515 | ▲ 67% |
Key figures of SPINN, 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 October 2026.
What happened to SPINN?
What happened at SPINN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 131,255 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,676 loss in 2022 to € 131,255 profit in 2025.
Paid € 79,549 in corporate taxes since 2022.
Best year ever: 2024, with € 164,177 profit.
Paid out € 5,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Stephane Papadopoulos
Manager
Establishments
Establishment units
Physical locations of this company
Dahlialaan 38
1850 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.887.227
- VAT number
- BE 0671.887.227
- Registered office
- Dahlialaan 38, 1850 Grimbergen
- Names & denominations
- SPINN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2017
- Peppol
- Active · Active since 2 Oct 2025
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