Financials
Financial year 2025
Spinola from Waregem, company number BE0755845576, closed financial year 2025 with a result of € 353,987 after tax. For that financial year Spinola recorded a gross margin of € 474,646 and equity of € 10,000. Compared with financial year 2024, the result moved from € 275,237 to € 353,987. Profitable, and profit is growing. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.
€ 10,000
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 353,987
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 717,057
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 695,276 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 937
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,841
▲ 39% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 326,070 | € 325,637 | € 380,050 | € 474,646 | ▲ 25% |
| Profit after taxes | € 225,735 | € 242,810 | € 275,237 | € 353,987 | ▲ 29% |
| Equity | € 351,289 | € 594,099 | € 351,289 | € 10,000 | ▼ 97% |
| Total debts | € 120,472 | € 447,266 | € 318,833 | € 756,054 | ▲ 137% |
| Cash | € 404,967 | € 654,552 | € 542,269 | € 717,057 | ▲ 32% |
| Retained profit | € 341,289 | € 584,099 | € 341,289 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 518,047 | € 695,276 | ▲ 34% |
| Bank debt | € 0 | € 350,000 | € 0 | € 0 | |
| Balance sheet total | € 471,761 | € 1,041,365 | € 670,122 | € 766,054 | ▲ 14% |
Key figures of Spinola, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Spinola?
What happened at Spinola in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 353,987 (▲ 29% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- MICHEL DELBAERE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 225,735 profit in 2022 to € 353,987 profit in 2025.
Paid € 380,071 in corporate taxes since 2022.
Best year ever: 2025, with € 353,987 profit.
Paid out € 1.2 million in dividends to the owners in total.
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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 Spinola is MICHEL DELBAERE. MICHEL DELBAERE is also behind VLAAMS ECONOMISCH VERBOND, FEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE, CROP'S, CHAPELLE MUSICALE and J. ZINNER.
Directors
According to the 2025 annual accounts
MICHEL DELBAERE
Director
Also active at: VLAAMS ECONOMISCH VERBOND, FEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE, CROP'S, CHAPELLE MUSICALE, J. ZINNER, HESBAYEFROST, Odile, DE POTTERIE +6 more
since 2020
Establishments
Establishment units
Physical locations of this company
Grote Heerweg 187
8791 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →HARPACA
€ -98,669 gross margin · 2024
Odile same network
€ 129,113 gross margin · 2025
DE POTTERIE same network
€ 303,362 gross margin · 2025
CVdA Management
€ 477,518 gross margin · 2025
CROP'S HOLDING same network
€ 604,077 revenue · 2025
+1 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
- 0755.845.576
- VAT number
- BE 0755.845.576
- Registered office
- Grote Heerweg 187, 8791 Waregem
- Names & denominations
- Spinola
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2020
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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