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 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
103 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SPI.R0 from Aalst, company number BE1013725521, closed financial year 2025 with a result of € 0 after tax. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 61,500
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
€ 231,016
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 0.
Debts at end 2025
€ 149.2 million
Loans from banks and other lenders, long and short.
€ 6.6 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
What happened to SPI.R0?
What happened at SPI.R0 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HANNE AKKERMANS stepped down as director. NBB
- PAUL LIEVENS stepped down as director. NBB
- QUERCUS SYVESTRIS CONSULTING stepped down as director. NBB
- JO ROELANTS stepped down as director. NBB
- Tim BRUYNINCKX stepped down as director. NBB
- CHARLES LIBERT stepped down as director. NBB
- KAROY HORNYAK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 0. Source: NBB ↗
In short
Pays suppliers within 17 days on average.
Management
The shares are held by SPI.R0Holdco NV (90%) and DE WERKVENNOOTSCHAP NV (10%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
PAUL LIEVENS
Director
Also active at: Lummerzheim & Co, Jan De Nul, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan, Vlaamse Bagger Maatschappij, SCK INVEST, PSR +13 more
since 2024 · until 2030
Director · represented by SERGE GOOSSENS
Also active at: BE.SHARPPP, SPI.R0HoldCo, ViA12
since 2024 · until 2030
JO ROELANTS
Director
Also active at: VZW EMBUILD OOST-VLAANDEREN - Algemene Aannemers, SPI.R0HoldCo, SPI.R0 Onderhoud, ViA12
since 2024 · until 2030
Tim BRUYNINCKX
Director
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tragel 60
9308 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
All companies at this address →DOCK-SITE
€ 1.5 million gross margin · 2025
Lummerzheim & Co same network
€ 4.5 million gross margin · 2025
LAMBRECHTS
€ -5,255 gross margin · 2025
Jan De Nul same network
€ 1.7 billion revenue · 2025
Jan De Nul Dredging same network
€ 70.4 million revenue · 2025
+98 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1013.725.521
- VAT number
- BE 1013.725.521
- Registered office
- Tragel 60, 9308 Aalst
- Names & denominations
- SPI.R0
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2024
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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