SPROTECH
ActiveSummary
The annual accounts of SPROTECH for fiscal year 2025 show a net loss of 81% of total assets and of 91% of the equity at the start of that year. The 2025 annual accounts show equity of €283k and a net result of €-2.72M. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 11% of 4886 sector peers (fiscal year 2025). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-46
Solvency33▼-42
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.65 against 0.46 in 2024; short-term debt: 19.3% and cash: 4.6% of total assets), and 91.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.4%
Return on assets
-80.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 4886 sector peers (2025).
NBB · sector comparisonPosition among 4886 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
13 d early
2023
40 d late
2022
21 d late
2021
38 d early
2020
27 d late
2019
102 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2.72M
2024 · €1.96M
2018: €-45k
2019: €56k▲ +225% vs 2018
2020: €10k▼ -82.2% vs 2019
2021: €18k▲ +78.9% vs 2020
2022: €-15k▼ -186% vs 2021
2023: €12k▲ +180% vs 2022
2024: €1.96M▲ +15887% vs 2023highest in 8 years
2025: €-2.72M▼ -239% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-228k▲ 36.5%
2024 · €-359k
2018: €-563k
2019: €-469k▲ +16.8% vs 2018
2020: €-390k▲ +16.9% vs 2019
2021: €-612k▼ -57.0% vs 2020lowest in 8 years
2022: €-468k▲ +23.4% vs 2021
2023: €-299k▲ +36.2% vs 2022
2024: €-359k▼ -20.2% vs 2023
2025: €-228k▲ +36.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.04M-€1.03M▼ 1.5%€1.04M▲ 1.2%€3.00M▲ 189%€283k▼ 90.6%
2021: €1.04M
2022: €1.03M▼ -1.5% vs 2021
2023: €1.04M▲ +1.2% vs 2022
2024: €3.00M▲ +189% vs 2023highest in 5 years
2025: €283k▼ -90.6% vs 2024lowest in 5 years
Operating result€29k-€47k▲ 64.0%€63k▲ 33.8%€14k▼ 78.4%€17k▲ 27.1%
2021: €29k
2022: €47k▲ +64.0% vs 2021
2023: €63k▲ +33.8% vs 2022highest in 5 years
2024: €14k▼ -78.4% vs 2023lowest in 5 years
2025: €17k▲ +27.1% vs 2024
Net result€18k-€-15k€12k€1.96M▲ 15,887%€-2.72M
2021: €18k
2022: €-15k▼ -186% vs 2021
2023: €12k▲ +180% vs 2022
2024: €1.96M▲ +15887% vs 2023highest in 5 years
2025: €-2.72M▼ -239% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.36M
Fixed assets
€2.94M ▼ 48.5%
Current assets
€422k ▲ 37.4%
Equity and liabilities €3.36M
Equity
€283k ▼ 90.6%
Debt
€3.08M ▲ 1.9%
Debt's share of the balance-sheet total rises from 50.2% to 91.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€122k▲
2024 · €119k
Cash flow
€-2.61M▼
2024 · €2.07M
Current ratio
0.65▲
2024 · 0.46
Debt to equity
10.87▲
2024 · 1.01
ROE
-959.7%▼
2024 · 65.4%
ROA
-80.8%▼
2024 · 32.6%
Interest coverage
1.70▲
2024 · 1.26
Debt ≤ 1 year
€650k▼
2024 · €666k
Debt > 1 year
€2.43M▲
2024 · €2.35M
Staff costs
€552▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.02M€3.36M▼
Fixed assets21/28€5.72M€2.94M▼
Tangible fixed assets22/27€1.37M€1.26M▼
Land and buildings22€1.37M€1.26M▼
Financial fixed assets28€4.35M€1.68M▼
Current assets29/58€307k€422k▲
Amounts receivable after more than one year29€70k€70k=
Other amounts receivable291€70k€70k=
Amounts receivable within one year40/41€198k€192k▼
Other amounts receivable41€198k€192k▼
Cash at bank and in hand54/58€32k€154k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€6.02M€3.36M▼
Equity10/15€3.00M€283k▼
Contributions10/11€458k€458k=
Capital10€458k€458k=
Issued capital100€458k€458k=
Reserves13€2.55M€46k▼
Non-distributable reserves130/1€46k€46k=
Legal reserve130€46k€46k=
Distributable reserves133€2.50M-
Profit (loss) carried forward14-€-220k
Amounts payable17/49€3.02M€3.08M▲
Amounts payable after more than one year17€2.35M€2.43M▲
Financial debts170/4€2.35M€2.43M▲
Amounts payable within one year42/48€666k€650k▼
Trade debts44€18k€32k▲
Suppliers440/4€18k€32k▲
Other amounts payable47/48€648k€618k▼
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€552▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€105k▼
Other operating charges640/8€78k€63k▼
Non-recurring operating charges66A€666-
Gross operating margin9900€200k€186k▼
Operating profit (loss)9901€14k€17k▲
Financial income75/76B€2.04M€6k▼
Recurring financial income75€2.04M€6k▼
Financial charges65/66B€95k€2.74M▲
Recurring financial charges65€95k€72k▼
Non-recurring financial charges66B-€2.67M
Profit (loss) for the period before taxes9903€1.96M€-2.72M▼
Profit (loss) for the period9904€1.96M€-2.72M▼
Profit (loss) for the period to be appropriated9905€1.96M€-2.72M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.96M€-2.72M▼
Transfer from equity791/2-€2.50M
Transfer to equity691/2€1.96M-
To other reserves6921€1.96M-
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €83k | €58k | €16k | €2k | €552 | ▼ 68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €131k | €105k | €105k | €106k | €105k | ▼ 0.8% |
| Other operating charges640/8 | €35k | €33k | €36k | €78k | €63k | ▼ 19.3% |
| Non-recurring operating charges66A | - | €219 | - | €666 | - | - |
| Gross operating margin9900 | €277k | €243k | €220k | €200k | €186k | ▼ 7.0% |
| Operating profit (loss)9901 | €29k | €47k | €63k | €14k | €17k | ▲ 27.1% |
| Financial income75/76B | €1 | €45 | €18 | €2.04M | €6k | ▼ 99.7% |
| Recurring financial income75 | €1 | €45 | €18 | €2.04M | €6k | ▼ 99.7% |
| Financial charges65/66B | €4k | €63k | €51k | €95k | €2.74M | ▲ 2,783% |
| Recurring financial charges65 | €4k | €63k | €51k | €95k | €72k | ▼ 24.2% |
| Non-recurring financial charges66B | - | - | - | - | €2.67M | - |
| Profit (loss) for the period before taxes9903 | €25k | €-15k | €12k | €1.96M | €-2.72M | ▼ 239% |
| Income taxes67/77 | €7k | - | - | - | - | - |
| Profit (loss) for the period9904 | €18k | €-15k | €12k | €1.96M | €-2.72M | ▼ 239% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-15k | €12k | €1.96M | €-2.72M | ▼ 239% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.43M | €3.58M | €3.62M | €6.02M | €3.36M | ▼ 44.2% |
| Fixed assets21/28 | €1.66M | €1.55M | €1.45M | €5.72M | €2.94M | ▼ 48.5% |
| Tangible fixed assets22/27 | €1.66M | €1.55M | €1.45M | €1.37M | €1.26M | ▼ 7.7% |
| Land and buildings22 | €1.66M | €1.55M | €1.45M | €1.37M | €1.26M | ▼ 7.7% |
| Financial fixed assets28 | €2k | €2k | - | €4.35M | €1.68M | ▼ 61.4% |
| Current assets29/58 | €2.77M | €2.03M | €2.18M | €307k | €422k | ▲ 37.4% |
| Amounts receivable after more than one year29 | - | - | - | €70k | €70k | = |
| Other amounts receivable291 | - | - | - | €70k | €70k | = |
| Amounts receivable within one year40/41 | €11k | €8k | €14k | €198k | €192k | ▼ 3.1% |
| Trade receivables40 | €10k | €2k | €872 | - | - | - |
| Other amounts receivable41 | €960 | €6k | €13k | €198k | €192k | ▼ 3.1% |
| Current investments50/53 | - | - | €2.00M | - | - | - |
| Cash at bank and in hand54/58 | €2.75M | €2.02M | €164k | €32k | €154k | ▲ 376% |
| Deferred charges and accrued income490/1 | €6k | €25 | €238 | €7k | €6k | ▼ 10.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.43M | €3.58M | €3.62M | €6.02M | €3.36M | ▼ 44.2% |
| Equity10/15 | €1.04M | €1.03M | €1.04M | €3.00M | €283k | ▼ 90.6% |
| Contributions10/11 | €458k | €458k | €458k | €458k | €458k | = |
| Capital10 | €458k | €458k | €458k | €458k | €458k | = |
| Issued capital100 | €458k | €458k | €458k | €458k | €458k | = |
| Reserves13 | €586k | €570k | €583k | €2.55M | €46k | ▼ 98.2% |
| Non-distributable reserves130/1 | €46k | €46k | €46k | €46k | €46k | = |
| Legal reserve130 | €46k | €46k | €46k | €46k | €46k | = |
| Distributable reserves133 | €540k | €525k | €537k | €2.50M | - | - |
| Profit (loss) carried forward14 | - | - | - | - | €-220k | - |
| Amounts payable17/49 | €3.38M | €2.55M | €2.58M | €3.02M | €3.08M | ▲ 1.9% |
| Amounts payable after more than one year17 | - | - | - | €2.35M | €2.43M | ▲ 3.5% |
| Financial debts170/4 | - | - | - | €2.35M | €2.43M | ▲ 3.5% |
| Amounts payable within one year42/48 | €3.38M | €2.49M | €2.48M | €666k | €650k | ▼ 2.4% |
| Trade debts44 | €16k | €2k | €2k | €18k | €32k | ▲ 74.4% |
| Suppliers440/4 | €16k | €2k | €2k | €18k | €32k | ▲ 74.4% |
| Taxes, remuneration and social security45 | €16k | €17k | - | - | - | - |
| Taxes450/3 | €7k | €9k | - | - | - | - |
| Remuneration and social security454/9 | €9k | €8k | - | - | - | - |
| Other amounts payable47/48 | €3.35M | €2.48M | €2.48M | €648k | €618k | ▼ 4.6% |
| Accrued charges and deferred income492/3 | €3k | €57k | €108k | €8k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-15k | €12k | €1.96M | €-2.72M | ▼ 239% |
| + Depreciation and write-downs630 | €131k | €105k | €105k | €106k | €105k | ▼ 0.8% |
| Operating cash flow (approximation) | €148k | €89k | €117k | €2.07M | €-2.61M | ▼ 226% |
| Investment in fixed assets (approximation) | - | €0 | €2k | €-4.38M | €2.67M | ▲ 161% |
| Change in cash | - | €-734k | €-1.85M | €-132k | €122k | ▲ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €-2.72M
Net result drops to €-2.72M, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.96M ▲15,887%
Net result €1.96M, the highest in the series.
31-12
Financial
Equity above €2MEq €3.00M ▲189%
2 profitable years in a row build equity to €3.00M.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 40 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
Show earlier events
31-12
Financial
Equity above €1MEq €1.02M ▲5.9%
Equity rises from €959k to €1.02M.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Sint-Niklaas · 1 establishment unit since 1992
Ground area
3,798 m²
Building footprint
1,843 m²
Volume, LiDAR
11,946 m³
2 parcels, Flanders · tallest building 29.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMSPRO
since 19922.037.303.470
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1829/00Y000 | Flanders | 3,021 m² | 1 · 1,295 m² | 29.2 m · 2 fl. |
| 71016I0847/00H000 | Flanders | 777 m² | 1 · 548 m² | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,897 companies in sector 46460 we hold annual accounts for 1,116. 725 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
46460Wholesale of pharmaceutical and medical goods
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Scores and ratios are computed by Checked and are not a credit decision.