Spitsvogel
ActiveSpitsvogel has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €1k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 3476 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-29
Solvency84▲+6
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.24 in 2024; short-term debt: 41.4% and cash: 58.3% of total assets), and 41.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.6%
Return on assets
1.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
53 d early
2024
51 d early
2023
48 d early
← before the deadline
after the deadline →
neutral · 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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▲ 2.7%
2024 · €49k
2023: €19k
2024: €49k
2023 → 2025
Total assets
€86k▼ 7.1%
2024 · €93k
2023: €80k
2024: €93k
2023 → 2025
Net result
€1k▼ 95.5%
2024 · €30k
2023: €17k
2024: €30k
2023 → 2025
Working capital
€22k▲ 110%
2024 · €10k
2023: €-28k
2024: €10k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€19k-€49k▲ 152%€50k▲ 2.7%
Operating result€24k-€37k▲ 53.2%€2k▼ 93.7%
Net result€17k-€30k▲ 69.9%€1k▼ 95.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€29k▼ 25.9%
Current assets
€57k▲ 6.3%
Equity and liabilities €86k
Equity
€50k▲ 2.7%
Debt
€36k▼ 18.3%
The debt ratio falls from 47.0% to 41.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €47k
Cash flow
€11k▼
2024 · €40k
Solvency
58.6%▲
2024 · 53.0%
Current ratio
1.61▲
2024 · 1.24
Quick ratio
1.61▲
2024 · 1.24
Debt / equity
0.71▼
2024 · 0.89
ROE
2.7%▼
2024 · 60.4%
ROA
1.6%▼
2024 · 32.0%
Interest coverage
223.53▼
2024 · 807.63
Debt
€36k▼
2024 · €44k
Debt ≤ 1 year
€36k▼
2024 · €44k
Income taxes
€1k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€93k€86k▼
Fixed assets21/28€39k€29k▼
Tangible fixed assets22/27€39k€29k▼
Furniture and vehicles24€39k€29k▼
Current assets29/58€54k€57k▲
Amounts receivable within one year40/41€11k€6k▼
Trade receivables40€11k€3k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€40k€50k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€93k€86k▼
Equity10/15€49k€50k▲
Contributions10/11€2k€2k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€30k€31k▲
Amounts payable17/49€44k€36k▼
Amounts payable within one year42/48€44k€36k▼
Financial debts43-€118
Credit institutions430/8-€118
Trade debts44€108€779▲
Suppliers440/4€108€779▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Other amounts payable47/48€38k€32k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€1k€788▼
Gross operating margin9900€48k€13k▼
Operating profit (loss)9901€37k€2k▼
Financial income75/76B€144€230▲
Recurring financial income75€144€230▲
Financial charges65/66B€59€55▼
Recurring financial charges65€59€55▼
Profit (loss) for the period before taxes9903€37k€3k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€30k€1k▼
Profit (loss) for the period to be appropriated9905€30k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€31k▲
Profit (loss) brought forward from the previous period14P-€30k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €1k ▼95.5%
Net result drops to €1k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €30k ▲69.9%
Operating result €37k, net result €30k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.24
Current ratio from 0.53 to 1.24; short-term debt falls from €61k to €44k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rothstraat 1833290 DiestGround area
1,974 m²
Building footprint
216 m²
Volume, LiDAR
919 m³
Parcel 24097C0092/00R000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Spitsvogel
since 20232.346.579.458
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24097C0092/00R000 | Flanders | 1,974 m² | 1 · 216 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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De Kleurfabriek
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NUCLEÏD
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Of 6,294 companies in sector 74120 we hold annual accounts for 1,011. 870 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2023
Fiscal year end31-12
Activities, NACEBEL
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.