Financials
Financial year 2025
Spraying Systems Europe from Deinze, company number BE0745677305, closed financial year 2025 with a result of € 208,437 after tax. For that financial year Spraying Systems Europe recorded revenue of € 31.6 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -278,629 to € 208,437. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
€ 1.7 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 208,437
▲ still € 278,629 loss in 2024
Profit after tax over the fiscal year.
€ 483
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
33.3
▼ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4 million
▼ 7% vs 2024
€ 119,500 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.
€ 172,725
▼ 20% vs 2024
Of which on lease € 8,891.
Debts at end 2025
€ 1.1 million
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 3.7 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 772,409
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,404,971 | € 17,862,686 | € 32,396,650 | € 31,571,107 | ▼ 3% |
| Profit after taxes | € -386,929 | € -299,699 | € -278,629 | € 208,437 | ▲ € 487,067 |
| Equity | € 2,037,189 | € 1,737,490 | € 1,458,861 | € 1,667,298 | ▲ 14% |
| Total debts | € 2,515,586 | € 4,592,519 | € 8,812,705 | € 6,309,181 | ▼ 28% |
| Cash | € 2,360 | € 14,163 | € 0 | € 483 | |
| Land & buildings | € 49,750 | € 32,834 | € 38,380 | € 34,499 | ▼ 10% |
| Retained profit | € 1,472,159 | € 1,172,460 | € 893,830 | € 1,102,268 | ▲ 23% |
| Bank debt | € 10,782 | € 530,934 | € 3,747,839 | € 1,129,360 | ▼ 70% |
| Balance sheet total | € 4,552,775 | € 6,330,009 | € 10,271,565 | € 7,976,479 | ▼ 22% |
| Employees (FTE) | 25.3 | 31.1 | 38.1 | 33.3 | ▼ 4.8 |
By revenue, Spraying Systems Europe ranks 7th of 43 companies with main activity “Groothandel in andere machines en werktuigen, neg” in East Flanders that publish figures (fiscal year 2025).
Key figures of Spraying Systems Europe, 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.
Ask about Spraying Systems Europe the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Spraying Systems Europe?
What happened at Spraying Systems Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 208,437. filed late Source: NBB ↗
- Thomas Schernhuber became a director. NBB
- New establishment in Deinze. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Mark Grypdon became a director. NBB
- Thomas Cioni became a director. NBB
In short
From € 386,929 loss in 2022 to € 208,437 profit in 2025.
Paid € 116,942 in corporate taxes since 2022.
Best year ever: 2025, with € 208,437 profit.
Pays suppliers within 50 days on average.
Management
Behind Spraying Systems Europe are Mark Grypdon, Thomas Schernhuber and Thomas Cioni. Mark Grypdon is also behind Spraying Systems AutoJet Europe and TEEJET EMEA. Thomas Schernhuber is also behind TEEJET EMEA.
Directors
According to the 2025 annual accounts
since 2020
since 2022
Thomas Cioni
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Souverainestraat 5
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SPRAYING SYSTEMS Co(oprichter) 100%
Details
- Company number
- 0745.677.305
- VAT number
- BE 0745.677.305
- Registered office
- Souverainestraat 5, 9800 Deinze
- Names & denominations
- Spraying Systems Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2020
- Peppol
- Active · Active since 1 Sept 2026
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Overige fiscale dienstverlening
Groothandel in andere machines en werktuigen, n.e.g.
Boekhouders en boekhouders-fiscalisten
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