Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The Spice Factory Group from Braine-l'Alleud, company number BE0784991702, closed financial year 2025 with a result of € 13.5 million after tax. For that financial year The Spice Factory Group recorded revenue of € 1.2 million and equity of € 35 million. Compared with financial year 2024, the result moved from € -3 million to € 13.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 35 million
▲ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13.5 million
▲ still € 3 million loss in 2024
Profit after tax over the fiscal year.
€ 58,130
▲ € 51,727 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 € 10.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 28,415
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.
€ 147,372
▲ € 123,178 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 1,200,783 | |
| Profit after taxes | € 22,756 | € 85,095 | € -3,042,141 | € 13,467,050 | ▲ € 16.5 million |
| Equity | € 24,522,756 | € 24,607,850 | € 21,565,709 | € 35,032,760 | ▲ 62% |
| Total debts | € 21,476,992 | € 21,037,682 | € 23,093,888 | € 16,196,705 | ▼ 30% |
| Cash | € 7,393 | € 22,364 | € 6,403 | € 58,130 | ▲ € 51,727 |
| Retained profit | € 22,756 | € 107,850 | € -2,934,291 | € 10,532,760 | ▲ € 13.5 million |
| Bank debt | € 21,000,000 | € 20,400,000 | € 17,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 45,999,748 | € 45,645,532 | € 44,659,597 | € 51,229,465 | ▲ 15% |
Key figures of The Spice Factory Group, 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 The Spice Factory Group?
What happened at The Spice Factory Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- TSF HOLDING SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13.5 million. Source: NBB ↗
- INFINITE MANAGEMENT SRL became a director. NBB
- TSF HOLDING SRL became a director. NBB
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,756 profit in 2022 to € 13.5 million profit in 2025.
Paid € 42,105 in corporate taxes since 2022.
Best year ever: 2025, with € 13.5 million profit.
Pays suppliers within 4 days on average.
A new publication or filing at The Spice Factory Group? 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
The stake of TSF Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The Spice Factory GroupBehind The Spice Factory Group is INFINITE MANAGEMENT SRL. The shares are held by TSF Holding (100%). It owns 100% of The Spice Factory itself.
Directors
According to the 2025 annual accounts
Personne déléguée à la gestion journalière · represented by Jorgen de Pelsmaeker
Also active at: The Spice Factory, Etablissements Oscar TAUSIG, SPICES SIGNATURE, TSF Holding
since 2025
Director · represented by David de Peuter
Also active at: The Spice Factory, Etablissements Oscar TAUSIG, SPICES SIGNATURE
since 2025 · until 2031
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Avenue de l'Industrie 20
1420 Braine-l'Alleud
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Domain
Domain
thespicefactory.com
Registered
2012-05-21
Registrar
OVH, SAS
Expires
2026-05-21
Website info
Features
Security
Network
Details
- Company number
- 0784.991.702
- VAT number
- BE 0784.991.702
- Registered office
- Avenue de l'Industrie 20, 1420 Braine-l'Alleud
- Names & denominations
- The Spice Factory Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- thespicefactory.com
- Activities · NACE
Activiteiten van holdings
Holdings