Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 15.4 to 9.2.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Spentys from Vorst, company number BE0681502303, closed financial year 2025 with a result of € -1 million after tax. For that financial year Spentys recorded a gross margin of € 760,928 and equity of € 2 million. Compared with financial year 2024, the result moved from € -1.5 million to € -1 million. 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 17, 2026.
€ 2 million
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▲ 29 % less loss than in 2024
Profit after tax over the fiscal year.
€ 111,079
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.7 million.
People and assets in 2025
9.2
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 698,521
▼ 14% vs 2024
€ 75,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,339
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 72% vs 2024
€ 196,496 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 197,383
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 94,231
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 539,987 | € 915,112 | € 316,382 | € 760,928 | ▲ 141% |
| Profit after taxes | € -1,109,511 | € -1,204,198 | € -1,465,892 | € -1,040,391 | ▲ € 425,501 |
| Equity | € 2,126,197 | € 3,018,105 | € 2,916,129 | € 1,959,889 | ▼ 33% |
| Total debts | € 900,000 | € 1,491,076 | € 1,307,557 | € 2,032,360 | ▲ 55% |
| Cash | € 184,534 | € 914,185 | € 356,031 | € 111,079 | ▼ 69% |
| Retained profit | € -3,030,722 | € -2,234,920 | € -3,700,812 | € -4,741,203 | ▼ € 1 million |
| Bank debt | € 400,826 | € 1,050,000 | € 963,952 | € 1,656,940 | ▲ 72% |
| Balance sheet total | € 3,026,196 | € 4,509,182 | € 4,223,686 | € 3,992,249 | ▼ 5% |
| Employees (FTE) | 18.3 | 15.4 | 11.7 | 9.2 | ▼ 2.5 |
Key figures of Spentys, 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 Spentys?
What happened at Spentys in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LP BROZE SRL stepped down as director. NBB
- James CAPRA stepped down as director. NBB
- Edith COUNE stepped down as director. NBB
- Denis ZENNER stepped down as director. NBB
- Philippe MEERT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1 million. Source: NBB ↗
- LP BROZE SRL became a director. NBB
- James CAPRA became a director. NBB
In short
From € 1.1 million loss in 2022 to € 1 million loss in 2025.
On average € 82,700 of value added per employee in 2025.
A new publication or filing at Spentys? We notify you, reason included.
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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
The stake of INNOVATION FUND, SAMBRINVEST SPIN-OFF/SPIN-OUT, BRUSTART BY FINANCE&INVEST.BRUSSELS, SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SpentysThe shares are held by INNOVATION FUND (12.3%), SAMBRINVEST SPIN-OFF/SPIN-OUT (12.1%), BRUSTART BY FINANCE&INVEST.BRUSSELS (7.5%) and SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON (4%). It owns 100% of Spentys INC itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by Louis-Philippe Broze
since 2025 · until 2031
James CAPRA
Director
since 2025 · until 2031
since 2025 · until 2031
Denis ZENNER
Director
since 2025 · until 2031
Shareholders
Participations
Spentys INC
100%
Establishments
Establishment units
Physical locations of this company
Humaniteitslaan 292
1190 Vorst
Rue Auguste Piccard 48
6041 Charleroi
Active since 1 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →BIOCODEX Benelux
€ 20 million revenue · 2025
ATAG Heating Belgium
€ 11.5 million revenue · 2025
S.A Therabel-Pharma N.V.
€ 15.7 million revenue · 2025
THERABEL IMMO
€ 396,306 revenue · 2025
CARLOS INTERNATIONAL
+15 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.502.303
- VAT number
- BE 0681.502.303
- Registered office
- Humaniteitslaan 292, 1190 Vorst
- Names & denominations
- Spentys
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en lease van medisch en paramedisch materieel
Activiteiten van medische beeldvorming en medische laboratoria
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
+1