Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPA REVIVAL from Verviers, company number BE0799296529, closed financial year 2025 with a result of € -55,777 after tax. For that financial year SPA REVIVAL recorded a gross margin of € -25,117 and equity of € -116,888. Compared with financial year 2024, the result moved from € -71,406 to € -55,777. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -116,888
▼ € 55,777 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -55,777
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 29,268
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -126,888.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,303
▼ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 120,000
▲ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 14,904
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 24,754 | € -39,183 | € -25,117 | ▲ € 14,066 |
| Profit after taxes | € 295 | € -71,406 | € -55,777 | ▲ € 15,629 |
| Equity | € 10,295 | € -61,111 | € -116,888 | ▼ € 55,777 |
| Total debts | € 161,305 | € 151,978 | € 166,078 | ▲ 9% |
| Cash | € 25,925 | € 25,617 | € 29,268 | ▲ 14% |
| Retained profit | € 295 | € -71,111 | € -126,888 | ▼ € 55,777 |
| Bank debt | € 50,000 | € 100,000 | € 120,000 | ▲ 20% |
| Balance sheet total | € 171,601 | € 90,867 | € 49,190 | ▼ 46% |
Key figures of SPA REVIVAL, fiscal years 2023 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 SPA REVIVAL?
What happened at SPA REVIVAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 55,777. filed late Source: NBB ↗
- New establishment in Verviers. KBO
- Trade Invest SRL became a director. NBB
- Jean-Paul Piron became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 295 profit in 2023 to € 55,777 loss in 2025.
Paid € 223 in corporate taxes since 2023.
Best year ever: 2023, with € 295 profit.
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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 TRADE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPA REVIVALBehind SPA REVIVAL are Trade Invest SRL and Jean-Paul Piron. The shares are held by TRADE INVEST (50%).
Directors
According to the 2025 annual accounts
Director · represented by Degen Alain
Also active at: DEGEN TRAVEL, FETTWEIS, DIMMO CONCEPT
since 2023
Jean-Paul Piron
Director
since 2023
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de Spa 87
4802 Verviers
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0799.296.529
- VAT number
- BE 0799.296.529
- Registered office
- Avenue de Spa 87, 4802 Verviers
- Names & denominations
- SPA REVIVAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2023
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Organisatie van congressen en beurzen
Overige recreatie- en ontspanningsactiviteiten, neg