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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPAR V from Veurne, company number BE0797994254, closed financial year 2025 with a result of € 106,410 after tax. For that financial year SPAR V recorded a gross margin of € 826,263 and equity of € 101,715. Compared with financial year 2024, the result moved from € -189,976 to € 106,410. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 2, 2026.
€ 101,715
▲ € 100,619 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 106,410
▲ still € 189,976 loss in 2024
Profit after tax over the fiscal year.
€ 248,324
▼ 2% 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 € -83,913.
People and assets in 2025
€ 494,509
▲ 31% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,796
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 12% vs 2024
€ 142,857 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 477,654
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,099
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 465,391 | € 826,263 | ▲ 78% |
| Profit after taxes | € -189,976 | € 106,410 | ▲ € 296,385 |
| Equity | € 1,097 | € 101,715 | ▲ € 100,619 |
| Total debts | € 1,961,343 | € 1,889,109 | ▼ 4% |
| Cash | € 252,185 | € 248,324 | ▼ 2% |
| Retained profit | € -189,976 | € -83,913 | ▲ € 106,063 |
| Bank debt | € 1,192,857 | € 1,050,000 | ▼ 12% |
| Balance sheet total | € 1,962,440 | € 1,990,824 | ▲ 1% |
By gross margin, SPAR V ranks 2nd of 10 companies with main activity “Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen” in Veurne that publish figures (fiscal year 2025).
Key figures of SPAR V, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about SPAR V 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 SPAR V?
What happened at SPAR V in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 106,410. Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
- LT-INVEST BV became a director. NBB
- BRABUS INVEST BV became a director. NBB
In short
From € 189,976 loss in 2024 to € 106,410 profit in 2025.
Best year ever: 2025, with € 106,410 profit.
Management
The stake of LT-INVEST, BRABUS INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPAR VBehind SPAR V are LT-INVEST BV and BRABUS INVEST BV. The shares are held by LT-INVEST (37.5%) and BRABUS INVEST (25%).
Directors
According to the 2025 annual accounts
Director · represented by THIJS DEWICKE
Also active at: RUNICO, DEN BOONAKKER, KAASBOERDERIJ DE MOERENAAR, LICHTIM
since 2023
Director · represented by MAXIM VAN DEN BUSSCHE
since 2023
Shareholders
37.5%
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ieperse Steenweg 129
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Veurne
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Details
- Company number
- 0797.994.254
- VAT number
- BE 0797.994.254
- Registered office
- Ieperse Steenweg 129, 8630 Veurne
- Names & denominations
- SPAR V
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2023
- Peppol
- Active · Active since 25 Apr 2024
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)