Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 1 to 0.
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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
SPARE PARTS GROUP from Izegem, company number BE0898631061, closed financial year 2025 with a result of € -4,833 after tax. For that financial year SPARE PARTS GROUP recorded a gross margin of € -3,542 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 33.5 million to € -4,833. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,833
▼ still € 33.5 million profit in 2024
Profit after tax over the fiscal year.
€ 210,320
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
People and assets in 2025
0
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 208
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 600,000 | € 600,000 | € 450,000 | - | |
| Gross margin | - | - | - | € -3,542 | |
| Profit after taxes | € 2,227,932 | € -195,391 | € 33,516,339 | € -4,833 | ▼ € 33.5 million |
| Equity | € 622,677 | € 427,286 | € 1,593,624 | € 1,588,791 | |
| Total debts | € 7,986,940 | € 7,994,843 | € 71,131 | € 40,208 | ▼ 43% |
| Cash | € 106,875 | € 62,762 | € 220,424 | € 210,320 | ▼ 5% |
| Retained profit | € 322,677 | € 127,286 | € 1,293,624 | € 1,288,791 | |
| Dividend | € 3,000,000 | € 0 | € 32,350,000 | € 0 | ▼ 100% |
| Bank debt | € 2,300,000 | € 2,300,000 | € 0 | € 0 | |
| Balance sheet total | € 8,609,617 | € 8,422,129 | € 1,664,755 | € 1,628,999 | ▼ 2% |
| Employees (FTE) | 1 | 1 | 0.8 | 0 | ▼ 0.8 |
Key figures of SPARE PARTS GROUP, 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 SPARE PARTS GROUP?
What happened at SPARE PARTS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BTOM CommV stepped down as director. NBB
- K-Fintech BV stepped down as director. NBB
- Ellen Van Cauwenberge stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,833 (▼ € 33.5 million vs 2024). Source: NBB ↗
- BTOM CommV became a director. NBB
- K-Fintech BV became a director. NBB
- Ellen Van Cauwenberge became a director. NBB
- New establishment in Izegem. KBO
In short
From € 2.2 million profit in 2022 to € 4,833 loss in 2025.
Paid € 1,212 in corporate taxes since 2022.
Best year ever: 2024, with € 33.5 million profit.
Paid out € 35.4 million 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
The stake of FALCON FUND IV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPARE PARTS GROUPThe shares are held by FALCON FUND IV (100%). It owns 100% of I.C.T. Immo itself.
Directors
According to the 2025 annual accounts
Ellen Van Cauwenberge
Director
Also active at: JACRIMAR, EVERY TIME, FALCON FUND, TRISLOT HOLDING, FALCON FUND MANAGEMENT, BFF GLASS, ON TIME LOGISTICS, MDR IMMO +8 more
since 2024 · until 2030
Director · represented by Thomas De Duytsche
Also active at: ACTUM SERVICES, TRISLOT HOLDING, FALCON FUND MANAGEMENT, MExT HOLDING, ARTIMMO INVEST
since 2024 · until 2030
Director · represented by Koen Perdu
Also active at: I.C.T. TRUCK & TRAILER PARTS, INDINOX, ATEC, METAALWERKEN DE ROOS, JACRIMAR, TRISLOT, MAPA, B & A +29 more
since 2024 · until 2030
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Noordkaai 21
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0898.631.061
- VAT number
- BE 0898.631.061
- Registered office
- Noordkaai 21, 8870 Izegem
- Names & denominations
- SPARE PARTS GROUP · S.P.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2008
- Peppol
- Not registered
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Groothandel in delen en toebehoren van motorvoertuigen
Holdings
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen