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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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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SPAACO from Stabroek, company number BE0844884549, closed financial year 2025 with a result of € 104,582 after tax. For that financial year SPAACO recorded a gross margin of € 286,138 and equity of € 1 million. Compared with financial year 2024, the result moved from € 69,454 to € 104,582. 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 June 23, 2026.
€ 1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,582
▲ 51% vs 2024
Profit after tax over the fiscal year.
€ 41,005
▼ 89% 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 € 625,706.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 40,865
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,340
▲ € 7,504 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 | € 564,444 | € 404,596 | € 219,009 | € 286,138 | ▲ 31% |
| Profit after taxes | € 316,431 | € 209,031 | € 69,454 | € 104,582 | ▲ 51% |
| Equity | € 1,492,640 | € 1,101,670 | € 921,124 | € 1,025,706 | ▲ 11% |
| Total debts | € 216,144 | € 681,866 | € 440,601 | € 49,205 | ▼ 89% |
| Cash | € 429,674 | € 262,981 | € 362,265 | € 41,005 | ▼ 89% |
| Retained profit | € 1,092,640 | € 701,670 | € 521,124 | € 625,706 | ▲ 20% |
| Dividend | € 0 | € 600,000 | € 250,000 | € 0 | ▼ 100% |
| Bank debt | € 116,455 | € 23,171 | € 160,341 | € 0 | ▼ 100% |
| Balance sheet total | € 1,708,783 | € 1,783,536 | € 1,361,725 | € 1,074,911 | ▼ 21% |
Key figures of SPAACO, 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 SPAACO?
What happened at SPAACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gregorius Aertssen stepped down as director. NBB
- Nova Laga BV stepped down as director. NBB
- Walter Wesenbeek stepped down as director. NBB
- Bert Weemaes stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 104,582 (▲ 51% vs 2024). Source: NBB ↗
- Nova Laga BV became a director. NBB
- Gregorius Aertssen became a director. NBB
- Walter Wesenbeek became a director. NBB
In short
From € 316,431 profit in 2022 to € 104,582 profit in 2025.
Paid € 234,109 in corporate taxes since 2022.
Best year ever: 2022, with € 316,431 profit.
Paid out € 850,000 in dividends to the owners in total.
Management
The stake of VLAECO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPAACOThe shares are held by VLAECO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bert Weemaes
Also active at: IMTECH BELGIE, C-Tech Holding, C-LIVING, IMMO MOTCHES, VITA HORECA TEMSE, CORDEEL GROUP, BERNARD CONSTRUCTION, DEMCOR +41 more
since 2023 · until 2028
Gregorius Aertssen
Director
Also active at: NEWMO HAREN, Aertssen Infra, NEWMO, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, AERTSSEN GROUP, Smeyers +27 more
since 2024 · until 2030
Director · represented by Laurence Gacoin
Also active at: C-FIRE, C-LIVING, SOBELTEC, IMMO MOTCHES, C-Energy, VITA HORECA TEMSE, CORDEEL GROUP, VLAECO +37 more
since 2025 · until 2030
Walter Wesenbeek
Director
Also active at: NEWMO HAREN, Aertssen Infra, NEWMO, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, Smeyers, ENVI +20 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Laageind 91
2940 Stabroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →NEWMO HAREN same network
€ -16,432 gross margin · 2025
Aertssen Infra same network
€ 199.1 million revenue · 2025
NEWMO same network
€ 1.1 million gross margin · 2025
AERTSSEN SERVICES same network
€ 37.9 million revenue · 2025
AERTSSEN TRANSPORT same network
€ 21.3 million revenue · 2025
+36 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
- 0844.884.549
- VAT number
- BE 0844.884.549
- Registered office
- Laageind 91, 2940 Stabroek
- Names & denominations
- SPAACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit