SPS
ActiveSPS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285k and a net result of €66k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 1027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
61
/ 100
Healthy▲ +41 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency38▲+13
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.45 in 2024), and 69.2% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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
30.8%
Return on assets
7.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
4 d late
2023
20 d late
2022
30 d late
2021
30 d late
2020
27 d late
2019
31 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€285k▲ 30.3%
2024 · €219k
2018: €162k
2019: €202k
2020: €228k
2021: €299k
2022: €315k
2023: €312k
2024: €219k
2018 → 2025
Total assets
€925k▲ 2.6%
2024 · €902k
2018: €705k
2019: €794k
2020: €833k
2021: €835k
2022: €987k
2023: €1.07M
2024: €902k
2018 → 2025
Net result
€66k
2024 · €-93k
2018: €65k
2019: €48k
2020: €26k
2021: €71k
2022: €42k
2023: €-2k
2024: €-93k
2018 → 2025
Working capital
€-210k▲ 5.4%
2024 · €-222k
2018: €-59k
2019: €-51k
2020: €-96k
2021: €-60k
2022: €-52k
2023: €-90k
2024: €-222k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€299k-€315k▲ 5.4%€312k▼ 0.9%€219k▼ 29.9%€285k▲ 30.3%
Operating result€110k-€73k▼ 33.4%€7k▼ 91.0%€-75k€80k
Net result€71k-€42k▼ 40.5%€-2k€-93k▼ 4,957%€66k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €80k after a loss of €75k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €925k
Fixed assets
€681k▼ 5.7%
Current assets
€244k▲ 36.1%
Equity and liabilities €925k
Equity
€285k▲ 30.3%
Debt
€640k▼ 6.3%
The debt ratio falls from 75.7% to 69.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€232k▲
2024 · €91k
Cash flow
€219k▲
2024 · €73k
Solvency
30.8%▲
2024 · 24.3%
Current ratio
0.54▲
2024 · 0.45
Quick ratio
0.54▲
2024 · 0.45
Debt / equity
2.25▼
2024 · 3.12
ROE
23.2%▲
2024 · -42.7%
ROA
7.2%▲
2024 · -10.4%
Interest coverage
17.16▲
2024 · 4.86
Debt
€640k▼
2024 · €683k
Debt ≤ 1 year
€455k▲
2024 · €402k
Debt > 1 year
€185k▼
2024 · €281k
Staff costs
€275k▲
2024 · €263k
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€902k€925k▲
Fixed assets21/28€722k€681k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€719k€678k▼
Plant, machinery and equipment23€530k€546k▲
Furniture and vehicles24€189k€132k▼
Current assets29/58€180k€244k▲
Amounts receivable within one year40/41€123k€141k▲
Trade receivables40€82k€100k▲
Other amounts receivable41€41k€41k=
Cash at bank and in hand54/58€49k€97k▲
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€902k€925k▲
Equity10/15€219k€285k▲
Contributions10/11€20k€20k=
Reserves13€292k€292k=
Tax-exempt reserves132€365€365=
Distributable reserves133€292k€292k=
Profit (loss) carried forward14€-93k€-27k▲
Amounts payable17/49€683k€640k▼
Amounts payable after more than one year17€281k€185k▼
Financial debts170/4€202k€140k▼
Other amounts payable178/9€79k€46k▼
Amounts payable within one year42/48€402k€455k▲
Current portion of amounts payable after more than one year42€134k€141k▲
Trade debts44€58k€24k▼
Suppliers440/4€58k€24k▼
Taxes, remuneration and social security45€25k€30k▲
Taxes450/3€3k€1k▼
Remuneration and social security454/9€22k€28k▲
Other amounts payable47/48€185k€261k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€263k€275k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€166k€153k▼
Other operating charges640/8€12k€6k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€367k€514k▲
Operating profit (loss)9901€-75k€80k▲
Financial income75/76B-€19
Recurring financial income75-€19
Financial charges65/66B€19k€14k▼
Recurring financial charges65€19k€14k▼
Profit (loss) for the period before taxes9903€-93k€66k▲
Profit (loss) for the period9904€-93k€66k▲
Profit (loss) for the period to be appropriated9905€-93k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-27k▲
Profit (loss) brought forward from the previous period14P-€-93k
Social balance
Average headcount (FTE)90874.64.8▲
The notes to these accounts (13 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Back to profitnet €66k
Net result €66k after 2 loss-making years.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €71k ▲177%
Operating result €110k, net result €71k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €202k ▲25.2%
2 profitable years in a row build equity to €202k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Dessel · 1 establishment unit since 2006
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.
Kastelsedijk 382480 DesselGround area
5,698 m²
Building footprint
2,402 m²
Volume, LiDAR
15,193 m³
Parcel 13006F0006/00K002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stessens Precisie Slijpen
since 20062.156.514.589
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006F0006/00K002 | Flanders | 5,698 m² | 1 · 2,402 m² | 8.9 m · 2 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.
Similar companies · same sector, comparable size
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FRECON INDUSTRIES
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Mortsel · Eq €286k
MECHANICAL ENGINEERING
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Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2006
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.