Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Spear Power Systems BV from Antwerpen, company number BE0732807581, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year Spear Power Systems BV recorded a gross margin of € 3,367 and equity of € -4.1 million. Compared with financial year 2024, the result moved from € -1.6 million to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ -4.1 million
▼ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▲ 26 % less loss than in 2024
Profit after tax over the fiscal year.
€ 212,457
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,114
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,378,863 | € 339,030 | € -12,442 | € 3,367 | ▲ € 15,809 |
| Profit after taxes | € 167,232 | € -1,356,002 | € -1,594,316 | € -1,172,431 | ▲ € 421,885 |
| Equity | € 59,012 | € -1,296,989 | € -2,891,306 | € -4,063,737 | ▼ € 1.2 million |
| Total debts | € 1,511,020 | € 2,574,685 | € 3,601,142 | € 4,775,336 | ▲ 33% |
| Cash | € 657,756 | € 357,800 | € 238,073 | € 212,457 | ▼ 11% |
| Retained profit | € 54,262 | € -1,301,739 | € -2,896,056 | € -4,068,487 | ▼ € 1.2 million |
| Balance sheet total | € 1,570,032 | € 1,277,695 | € 709,836 | € 711,599 | |
| Employees (FTE) | 5.9 | 6.7 | 0 | 0 |
Key figures of Spear Power Systems BV, 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 Spear Power Systems BV?
What happened at Spear Power Systems BV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
- Frank Devita became a director. NBB
- Joseph James Barberia became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 167,232 profit in 2022 to € 1.2 million loss in 2025.
Paid € 46,573 in corporate taxes since 2022.
Best year ever: 2022, with € 167,232 profit.
On average € 50,600 of value added per employee in 2023.
A new publication or filing at Spear Power Systems BV? 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 Spear Power Systems BV are Frank Devita and Joseph James Barberia. It owns 100% of Spear Power Systems AS itself.
Directors
According to the 2025 annual accounts
Frank Devita
Director
since 2021
Joseph James Barberia
Director
since 2021
Establishments
Establishment units
Physical locations of this company
De Keyserlei 60C box 1301
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Sagax BE Industrial 1
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€ 17.9 million revenue · 2025
UNIVERSAL ASSOCIATION
€ 53,077 gross margin · 2025
+69 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
- 0732.807.581
- VAT number
- BE 0732.807.581
- Registered office
- De Keyserlei 60C bus 1301, 2018 Antwerpen
- Names & denominations
- Spear Power Systems BV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2019
- Peppol
- Active · Active since 17 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Overige zakelijke dienstverlening, neg