Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SP properties from Hotton, company number BE0749501479, closed financial year 2025 with a result of € 193,002 after tax. For that financial year SP properties recorded a gross margin of € 584,350 and equity of € 5,319. Compared with financial year 2024, the result moved from € 16,323 to € 193,002. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 26, 2026.
€ 5,319
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 193,002
▲ € 176,680 vs 2024
Profit after tax over the fiscal year.
€ 24,928
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 319.
People and assets in 2025
0
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1,222
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▲ 112% vs 2024
€ 125,403 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 16,581
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,770
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 403,344 | € 339,579 | € 362,681 | € 584,350 | ▲ 61% |
| Profit after taxes | € 272,131 | € 166,215 | € 16,323 | € 193,002 | ▲ € 176,680 |
| Equity | € 9,778 | € 5,993 | € 6,316 | € 5,319 | ▼ 16% |
| Total debts | € 2,160,041 | € 4,010,759 | € 4,705,277 | € 6,947,770 | ▲ 48% |
| Cash | € 7,593 | € 25,602 | € 27,833 | € 24,928 | ▼ 10% |
| Land & buildings | - | € 183,427 | € 1,000,807 | € 982,529 | ▼ 2% |
| Retained profit | € 4,778 | € 993 | € 1,316 | € 319 | ▼ 76% |
| Dividend | € 320,000 | € 170,000 | € 0 | € 0 | |
| Bank debt | € 684,000 | € 1,531,326 | € 1,671,492 | € 3,537,209 | ▲ 112% |
| Balance sheet total | € 2,169,819 | € 4,016,752 | € 4,711,593 | € 6,953,089 | ▲ 48% |
| Employees (FTE) | - | - | 0.5 | 0 | ▼ 0.5 |
Key figures of SP properties, 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 SP properties?
What happened at SP properties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 193,002 (▲ € 176,680 vs 2024). Source: NBB ↗
- SIMONS & FILS SRL became a director. NBB
- New establishment in Hotton. KBO
- PICARD IMMO SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 272,131 profit in 2022 to € 193,002 profit in 2025.
Paid € 161,336 in corporate taxes since 2022.
Best year ever: 2022, with € 272,131 profit.
Paid out € 490,000 in dividends to the owners in total.
Management
Behind SP properties are SIMONS & FILS SRL and PICARD IMMO SRL. The shares are held by SIMONS & FILS (50%) and PICARD IMMO (50%).
Directors
According to the 2025 annual accounts
Director · represented by SIMONS Christopher
since 2020
since 2020
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Simon 46 box 2
6990 Hotton
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0749.501.479
- VAT number
- BE 0749.501.479
- Registered office
- Rue Simon 46 bus 2, 6990 Hotton
- Names & denominations
- SPP · SP properties
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2020
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis