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 12 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SPIRIT & MEDECINE from Ronse, company number BE0891636965, closed financial year 2025 with a result of € 6,813 after tax. For that financial year SPIRIT & MEDECINE recorded a gross margin of € 60,708 and equity of € 51,998. Compared with financial year 2024, the result moved from € 6,365 to € 6,813. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 51,998
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,813
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 15,496
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,520
▲ 2% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 56,172
▲ 214% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,496
▼ 63% vs 2024
€ 10,436 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,656
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,241
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,030 | € 60,305 | € 62,171 | € 60,708 | ▼ 2% |
| Profit after taxes | € 9,751 | € 6,881 | € 6,365 | € 6,813 | ▲ 7% |
| Equity | € 34,463 | € 40,511 | € 46,018 | € 51,998 | ▲ 13% |
| Total debts | € 223,915 | € 189,123 | € 215,939 | € 194,604 | ▼ 10% |
| Cash | € 10,486 | € 2,765 | € 46,950 | € 15,496 | ▼ 67% |
| Land & buildings | € 197,164 | € 181,646 | € 177,090 | € 156,030 | ▼ 12% |
| Retained profit | € 15,863 | € 21,911 | € 27,418 | € 33,398 | ▲ 22% |
| Dividend | € 800 | € 833 | € 859 | € 833 | ▼ 3% |
| Bank debt | € 114,862 | € 84,541 | € 100,334 | € 37,496 | ▼ 63% |
| Balance sheet total | € 258,378 | € 229,635 | € 261,957 | € 246,601 | ▼ 6% |
Key figures of SPIRIT & MEDECINE, 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 SPIRIT & MEDECINE?
What happened at SPIRIT & MEDECINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,813 (▲ 7% vs 2024). Source: NBB ↗
- Marie-Gabrielle Cuvelier became a director. NBB
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,751 profit in 2022 to € 6,813 profit in 2025.
Paid € 14,322 in corporate taxes since 2022.
Best year ever: 2022, with € 9,751 profit.
Paid out € 3,325 in dividends to the owners in total.
Management
Behind SPIRIT & MEDECINE is Marie-Gabrielle Cuvelier.
Directors
According to the 2025 annual accounts
Marie-Gabrielle Cuvelier
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Papekouters 20
9600 Ronse
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
- 0891.636.965
- VAT number
- BE 0891.636.965
- Registered office
- Papekouters 20, 9600 Ronse
- Names & denominations
- SPIRIT & MEDECINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 2007
- Peppol
- Not registered
- Contact
- [email protected]
- Activities · NACE
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