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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE SPEGHEL from Wervik, company number BE0859613901, closed financial year 2025 with a result of € 16,913 after tax. For that financial year DE SPEGHEL recorded a gross margin of € 53,803 and equity of € -551,149. Compared with financial year 2024, the result moved from € -81,550 to € 16,913. Profitable, and profit is growing. 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 27, 2026.
€ -551,149
▲ € 16,913 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,913
▲ still € 81,550 loss in 2024
Profit after tax over the fiscal year.
€ 34,238
▲ € 29,422 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 € -2.8 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 880
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,248
▼ 59% 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 | € 51,831 | € 31,079 | € 20,305 | € 53,803 | ▲ 165% |
| Profit after taxes | € -102,788 | € -128,817 | € -81,550 | € 16,913 | ▲ € 98,463 |
| Equity | € -357,695 | € -486,513 | € -568,063 | € -551,149 | ▲ € 16,913 |
| Total debts | € 939,242 | € 925,326 | € 914,937 | € 892,721 | ▼ 2% |
| Cash | € 54,039 | € 21,117 | € 4,816 | € 34,238 | ▲ € 29,422 |
| Land & buildings | € 501,955 | € 390,726 | € 311,202 | € 289,246 | ▼ 7% |
| Retained profit | € -2,632,695 | € -2,761,513 | € -2,843,063 | € -2,826,149 | ▲ € 16,913 |
| Balance sheet total | € 581,547 | € 438,814 | € 346,874 | € 341,572 | ▼ 2% |
Key figures of DE SPEGHEL, 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 DE SPEGHEL?
What happened at DE SPEGHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,913. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wervik. KBO
In short
From € 102,788 loss in 2022 to € 16,913 profit in 2025.
Best year ever: 2025, with € 16,913 profit.
Management
Behind DE SPEGHEL are Karoline BRACKX and Mario DESODT. Karoline BRACKX is also behind JET CENTER.
Directors
According to the 2025 annual accounts
Mario DESODT
Manager
Establishments
Establishment units
Physical locations of this company
Vosstraat 2
8940 Wervik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0859.613.901
- VAT number
- BE 0859.613.901
- Registered office
- Vosstraat 2, 8940 Wervik
- Names & denominations
- DE SPEGHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Commanditaire vennootschap op aandelen
- Legal situation
- Normale toestand
- Start date
- 9 July 2003
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant