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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Spine4G from Vosselaar, company number BE0862392851, closed financial year 2025 with a result of € 133,793 after tax. For that financial year Spine4G recorded a gross margin of € 239,126 and equity of € 984,961. Compared with financial year 2024, the result moved from € 148,356 to € 133,793. The company is profitable. 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 7, 2026.
€ 984,961
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 133,793
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 125,851
▼ 60% 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 € 929,161.
People and assets in 2025
€ 534
▼ 46% 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.
€ 136,800
▲ € 110,084 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 93,316
▼ 18% vs 2024
€ 20,254 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3,065
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,162
▼ 31% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 273,692 | € 240,962 | € 242,937 | € 239,126 | ▼ 2% |
| Profit after taxes | € 174,272 | € 151,402 | € 148,356 | € 133,793 | ▼ 10% |
| Equity | € 770,438 | € 921,840 | € 851,168 | € 984,961 | ▲ 16% |
| Total debts | € 332,118 | € 254,258 | € 401,913 | € 340,069 | ▼ 15% |
| Cash | € 501,541 | € 128,700 | € 311,323 | € 125,851 | ▼ 60% |
| Land & buildings | € 315,675 | € 445,445 | € 628,392 | € 645,770 | ▲ 3% |
| Retained profit | € 714,638 | € 866,040 | € 795,368 | € 929,161 | ▲ 17% |
| Dividend | € 0 | € 0 | € 219,027 | € 0 | ▼ 100% |
| Bank debt | € 155,020 | € 133,021 | € 113,301 | € 93,316 | ▼ 18% |
| Balance sheet total | € 1,102,556 | € 1,176,098 | € 1,253,081 | € 1,325,030 | ▲ 6% |
Key figures of Spine4G, 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 Spine4G?
What happened at Spine4G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 133,793 (▼ 10% vs 2024). Source: NBB ↗
- Erwin VAN DAMME became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vosselaar. KBO
- New establishment in Vosselaar. KBO
In short
From € 174,272 profit in 2022 to € 133,793 profit in 2025.
Paid € 248,505 in corporate taxes since 2022.
Best year ever: 2022, with € 174,272 profit.
Paid out € 219,027 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Erwin VAN DAMME
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Galgeneindsepad 4
2350 Vosselaar
Molenstraat 11
2350 Vosselaar
Active since 17 December 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.392.851
- VAT number
- BE 0862.392.851
- Registered office
- Galgeneindsepad 4, 2350 Vosselaar
- Names & denominations
- Spine4G
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2003
- Peppol
- Active · Active since 23 Jun 2025
- Activities · NACE
Activiteiten van medisch specialisten
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied