Age4 yrs
Real estate1 parcel · 814 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Spatial Effects is 0.4% (very low). The 2025 annual accounts show equity of €76k and a net result of €41k. Equity is growing by ~109.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 2768 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 10-06-2026 | 51 d early | 2026-00149990 |
| 31-12-2024 | 31-07-2025 | 26-06-2025 | 35 d early | 2025-00179604 |
| 31-12-2023 | 31-07-2024 | 09-06-2024 | 52 d early | 2024-00117006 |
| 31-12-2022 | 31-07-2023 | 30-06-2023 | 31 d early | 2023-00181046 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.4%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€41k+61.7%
Working capital€70k+217.0%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 10-06-2026 with the NBB · fiscal year 2025 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~109.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 71.1% | 62.1% | |
| Net result | €41k | €39k | |
| Equity | €76k | €62k | |
| Gross operating margin | €73k | €62k | |
| Total assets | €107k | €121k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P60
Improving position over 2022-2025
· n=2768-7351
P52
Improving position over 2022-2025
· n=2770-7348
P57
Improving position over 2022-2025
· n=2769-7353
P59
Improving position over 2022-2025
· n=2770-7342
Describes the position versus peers, not a forecast.
€73k
+62.3%
22-25
€41k
+61.7%
22-25
€51k
+45.6%
22-25
€107k
+55.4%
22-25
€76k
+115.2%
22-25
€70k
+217.0%
22-25
€21k
+124.7%
22-25
€31k
-7.6%
22-25
Show 9 other metrics
€31k
-5.6%
22-25
€0
-100.0%
22-25
3.25
+94.6%
22-25
3.25
+94.6%
22-25
71.1%
+38.5%
22-25
0.41
-57.1%
22-25
53.5%
-24.9%
22-25
38.1%
+4.0%
22-25
92.37
+133.2%
22-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €73k |
| Net profit | €41k |
| Cash flow | €51k |
| Staff costs | - |
| Income taxes | €21k |
| Dividends | - |
| Total assets | €107k |
| Equity | €76k |
| Debt | €31k |
| of which ≤ 1y | €31k |
| of which > 1y | €0 |
| Working capital | €70k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 3.25 |
| Quick ratio | 3.25 |
| Working capital ratio | 65.0% |
| Solvency | 71.1% |
| Debt / equity | 0.41 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 92.37 |
| Gross margin | - |
| Net margin | - |
| ROA | 38.1% |
| ROE | 53.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €107k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €101k |
| Amounts receivable within one year | 40/41 | €8k |
| Cash & bank | 54/58 | €92k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €73k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €31k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €31k |
| Trade debts payable within one year | 44 | €170 |
| Income statement | ||
| Gross operating margin | 9900 | €73k |
| Operating result | 9901 | €63k |
| Financial income | 75 | €318 |
| Financial charges | 65 | €785 |
| Result before taxes | 9903 | €62k |
| Income taxes | 67/77 | €21k |
| Net result for the period | 9904 | €41k |
| Result to be appropriated | 9905 | €41k |
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationSpatial Effects
since 20212.322.968.965
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area814 m²
Buildings1
Building footprint153 m²
Volume (LiDAR)718 m³
Tallest building7.6 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023I0271/00M000 | Flanders | 814 m² | 1 · 153 m² | 7.6 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts Address history · 2
17-02-2026
v3.2
09-12-2022
v3.2
All acts · 3
updated 6 months ago
2026
17-02-2026 Registered office moved from Dendermonde to Merksplas
- Kloosterstraat 72, 9200 Dendermonde → Kloosterstraat 28, 2330 Merksplas
Summary:
v3.2
2022
09-12-2022 Registered office moved from Sint-Niklaas to Dendermonde
- Kleine Breedstraat 43, 9100 Sint-Niklaas → Kloosterstraat 72, 9200 Dendermonde
Summary:
v3.2
2021
13-10-2021 Incorporation of a new BV
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured94
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
100
Growth
78
Stability
94
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0768.738.460 · Elsene
BE 1003.094.321 · Deinze
BE 0800.107.666 · Beerse
BE 0765.844.395 · Brussel
BE 0803.412.594 · Kortrijk
We hold annual accounts for 6,030 of the 29,868 companies in this sector. 5,228 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Overige diensten op het gebied van informatietechnologie en computer62090Overige diensten op het gebied van informatietechnologie en computer62900Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht77400Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht77400Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | Spatial Effects |
Registered office
Kloosterstraat 28
2330 Merksplas, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.