Sprangers Gert
ActiveSprangers Gert has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.27M and a net result of €248k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+3
Solvency61▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.29 in 2024; short-term debt: 40.2% and cash: 7.9% of total assets), and 64.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
35.7%
Return on assets
7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-02-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
13 d early
2023
13 d early
2022
30 d early
2021
33 d early
2020
22 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.27M▲ 24.3%
2024 · €1.02M
2018: €292k
2019: €388k
2020: €485k
2021: €579k
2022: €664k
2023: €877k
2024: €1.02M
2018 → 2025
Total assets
€3.55M▲ 11.6%
2024 · €3.18M
2018: €1.07M
2019: €1.29M
2020: €1.89M
2021: €1.91M
2022: €2.07M
2023: €2.58M
2024: €3.18M
2018 → 2025
Net result
€248k▲ 71.6%
2024 · €144k
2018: €90k
2019: €96k
2020: €97k
2021: €94k
2022: €85k
2023: €213k
2024: €144k
2018 → 2025
Working capital
€457k▲ 5.8%
2024 · €432k
2018: €248k
2019: €305k
2020: €288k
2021: €238k
2022: €305k
2023: €464k
2024: €432k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€579k-€664k▲ 14.8%€877k▲ 32.0%€1.02M▲ 16.5%€1.27M▲ 24.3%
Operating result€136k-€140k▲ 2.8%€342k▲ 144%€264k▼ 22.8%€380k▲ 43.9%
Net result€94k-€85k▼ 8.9%€213k▲ 149%€144k▼ 32.1%€248k▲ 71.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.55M
Fixed assets
€1.67M▲ 32.4%
Current assets
€1.88M▼ 2.0%
Equity and liabilities €3.55M
Equity
€1.27M▲ 24.3%
Provisions
€8k▼ 9.0%
Debt
€2.27M▲ 5.7%
The debt ratio falls from 67.6% to 64.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€663k▲
2024 · €561k
Cash flow
€532k▲
2024 · €441k
Solvency
35.7%▲
2024 · 32.1%
Current ratio
1.32▲
2024 · 1.29
Quick ratio
0.89▼
2024 · 1.10
Debt / equity
1.79▼
2024 · 2.11
ROE
19.5%▲
2024 · 14.1%
ROA
7.0%▲
2024 · 4.5%
Interest coverage
10.01▲
2024 · 8.87
Debt
€2.27M▲
2024 · €2.15M
Debt ≤ 1 year
€1.43M▼
2024 · €1.49M
Debt > 1 year
€839k▲
2024 · €655k
Income taxes
€71k▲
2024 · €61k
Staff costs
€256k▲
2024 · €240k
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€3.18M€3.55M▲
Fixed assets21/28€1.26M€1.67M▲
Tangible fixed assets22/27€1.21M€1.60M▲
Land and buildings22€672k€1.08M▲
Plant, machinery and equipment23€235k€302k▲
Furniture and vehicles24€295k€213k▼
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€49k€63k▲
Current assets29/58€1.92M€1.88M▼
Stocks and contracts in progress3€279k€617k▲
Stocks30/36-€60k
Contracts in progress37€279k€556k▲
Amounts receivable within one year40/41€1.39M€957k▼
Trade receivables40€1.32M€853k▼
Other amounts receivable41€68k€104k▲
Current investments50/53€8k€8k=
Cash at bank and in hand54/58€228k€281k▲
Deferred charges and accrued income490/1€24k€23k▼
Equity and liabilities
Total equity and liabilities10/49€3.18M€3.55M▲
Equity10/15€1.02M€1.27M▲
Contributions10/11€19k€19k=
Reserves13€957k€955k▼
Tax-exempt reserves132€44k€42k▼
Distributable reserves133€913k€913k=
Profit (loss) carried forward14€46k€296k▲
Provisions and deferred taxes16€9k€8k▼
Deferred taxes168€9k€8k▼
Amounts payable17/49€2.15M€2.27M▲
Amounts payable after more than one year17€655k€839k▲
Financial debts170/4€655k€839k▲
Amounts payable within one year42/48€1.49M€1.43M▼
Current portion of amounts payable after more than one year42€182k€180k▼
Financial debts43€325k€311k▼
Credit institutions430/8€290k€250k▼
Other loans439€35k€61k▲
Trade debts44€662k€653k▼
Suppliers440/4€662k€653k▼
Taxes, remuneration and social security45€31k€41k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€24k€34k▲
Other amounts payable47/48€291k€241k▼
Accrued charges and deferred income492/3€6k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€8k▲
Remuneration, social security and pensions62€240k€256k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€297k€284k▼
Other operating charges640/8€28k€25k▼
Gross operating margin9900€828k€945k▲
Operating profit (loss)9901€264k€380k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€63k€66k▲
Recurring financial charges65€63k€66k▲
Profit (loss) for the period before taxes9903€205k€318k▲
Transfer from deferred taxes780€778€777▼
Income taxes67/77€61k€71k▲
Profit (loss) for the period9904€144k€248k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€147k€250k▲
Appropriation of the result
Profit (loss) to be appropriated9906€192k€296k▲
Profit (loss) brought forward from the previous period14P€46k€46k▲
Transfer to equity691/2€147k-
To other reserves6921€147k-
Social balance
Average headcount (FTE)90873.23.5▲
The notes to these accounts (21 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
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €248k ▲71.6%
Operating result €380k, net result €248k, both a record.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €1MEq €1.02M ▲16.5%
7 profitable years in a row build equity to €1.02M.
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €85k ▼8.9%
Net result drops to €85k, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €500kEq €579k ▲19.3%
4 profitable years in a row build equity to €579k.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Hoogstraten · 3 establishment units since 1983
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.
Putten 402320 HoogstratenGround area
4,881 m²
Building footprint
1,079 m²
Volume, LiDAR
2,924 m³
3 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Sprangers Gert
since 19832.022.311.329
Sprangers Gert
since 20252.369.582.316
Plastix
since 20252.375.579.785
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014F0251/00B000 | Flanders | 2,501 m² | 1 · 563 m² | 0.0 m |
| 13024B0025/00F000 | Flanders | 1,600 m² | 1 · 407 m² | 9.6 m · 2 fl. |
| 12007C0397/00F000 | Flanders | 780 m² | 1 · 109 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,138 EUR awarded · 2,016 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 155 EUR | 33 EUR |
| 2024 | 1 | 1,524 EUR | 1,524 EUR |
| 2023 | 1 | 399 EUR | 399 EUR |
| 2022 | 1 | 60 EUR | 60 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesSprangers Gert BV45422
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 1,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-1983
Fiscal year end30-09
Activities, NACEBEL
43120Site preparation
42110Construction of roads and motorways
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:inge@gertsprangers.be