Financials
Financial year 2025
SPIN 111 from Ottignies-Louvain-la-Neuve, company number BE1002244778, closed financial year 2025 with a result of € 672 after tax. For that financial year SPIN 111 recorded a gross margin of € 14,787 and equity of € 181,517. Compared with financial year 2024, the result moved from € -19,155 to € 672. 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 8, 2026.
€ 181,517
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 672
▲ still € 19,155 loss in 2024
Profit after tax over the fiscal year.
€ 32,498
▲ 12% 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 € -18,483.
People and assets in 2025
€ 35,480
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 709
▲ € 564 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,780
▲ € 1,413 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 1,189 | € 14,787 | ▲ € 13,598 |
| Profit after taxes | € -19,155 | € 672 | ▲ € 19,826 |
| Equity | € 180,845 | € 181,517 | |
| Total debts | € 753 | € 2,850 | ▲ 279% |
| Cash | € 29,080 | € 32,498 | ▲ 12% |
| Retained profit | € -19,155 | € -18,483 | ▲ € 672 |
| Balance sheet total | € 181,598 | € 184,367 | ▲ 2% |
Key figures of SPIN 111, fiscal years 2024 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 SPIN 111?
What happened at SPIN 111 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 672. Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Stéphanie PIETTE became a director. NBB
- Pierre JOLY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,155 loss in 2024 to € 672 profit in 2025.
Best year ever: 2025, with € 672 profit.
Management
Behind SPIN 111 are Stéphanie PIETTE and Pierre JOLY. Pierre JOLY is also behind NOVACITIS.
Directors
According to the 2025 annual accounts
Stéphanie PIETTE
Director
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Place des Giroflées 6
1348 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1002.244.778
- VAT number
- BE 1002.244.778
- Registered office
- Place des Giroflées 6, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- SPIN 111
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2023
- Peppol
- Active · Active since 25 Jan 2026
- Contact
- spin111.be [email protected]
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