Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
-
Busy address KBO
62 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SPINAE from Gent, company number BE0732495597, closed financial year 2025 with a result of € 46,907 after tax. For that financial year SPINAE recorded a gross margin of € 441,973 and equity of € 213,209. Compared with financial year 2024, the result moved from € 86,974 to € 46,907. The company is profitable. 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 18, 2026.
€ 213,209
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,907
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 91,860
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.4
Average over the fiscal year, from the social balance sheet.
€ 339,942
▲ 30% vs 2024
€ 63,000 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.
€ 50,187
▼ 27% vs 2024
Of which on lease € 22,681.
Debts at end 2025
€ 38,876
▼ 24% vs 2024
€ 12,978 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 79,095
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,950
▲ 140% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 199,483 | € 293,828 | € 399,811 | € 441,973 | ▲ 11% |
| Profit after taxes | € 35,579 | € 91,385 | € 86,974 | € 46,907 | ▼ 46% |
| Equity | € 196,817 | € 149,202 | € 236,176 | € 213,209 | ▼ 10% |
| Total debts | € 116,960 | € 372,459 | € 139,564 | € 324,676 | ▲ 133% |
| Cash | € 92,596 | € 190,046 | € 126,481 | € 91,860 | ▼ 27% |
| Retained profit | € 186,817 | € 139,202 | € 226,176 | € 203,209 | ▼ 10% |
| Dividend | € 0 | € 139,000 | € 0 | € 65,000 | |
| Bank debt | € 0 | € 27,167 | € 51,453 | € 38,876 | ▼ 24% |
| Balance sheet total | € 313,777 | € 521,661 | € 375,740 | € 537,885 | ▲ 43% |
| Employees (FTE) | - | - | - | 5.4 |
Key figures of SPINAE, 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 SPINAE?
What happened at SPINAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,907 (▼ 46% vs 2024). Source: NBB ↗
- Sofrito BV became a director. NBB
- Constelaris BV became a director. NBB
- King Stout CV became a director. NBB
- Spinae Kortrijk BV stepped down as director. NBB
- Spinae Kortrijk BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,579 profit in 2022 to € 46,907 profit in 2025.
Paid € 46,617 in corporate taxes since 2022.
Best year ever: 2023, with € 91,385 profit.
On average € 81,800 of value added per employee in 2025.
A new publication or filing at SPINAE? 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
Behind SPINAE are Sofrito BV, Constelaris BV and King Stout CV.
Directors
According to the 2025 annual accounts
Director · represented by Benoit Claus
since 2025
Director · represented by Stijn Boussemaere
since 2025
Director · represented by Marc Degryse
since 2025
Director · represented by Stijn Boussemaere
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 2
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
All companies at this address →UPGRADE ESTATE GROUP
€ 3 million gross margin · 2025
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€ 40,264 gross margin · 2025
Timi UpKot
€ 643,357 gross margin · 2025
10 Upkot
€ 289,659 gross margin · 2025
Gandia
€ 43,171 gross margin · 2025
+57 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0732.495.597
- VAT number
- BE 0732.495.597
- Registered office
- Amelia Earhartlaan 2, 9051 Gent
- Names & denominations
- SPINAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2019
- Peppol
- Active · Active since 13 Apr 2026
- Contact
- spinae.be [email protected]
- Activities · NACE
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