ACTIVE

SPAREX BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result52,9 k €+139,8 %over 1 year

Revenue3 M €-0,2 %over 1 year

Equity1,1 M €+4,9 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

SPAREX BELGIUM is a Private limited company incorporated in 1984. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Nieuwpoort. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.612.928
Incorporation: 20/12/1984
Legal form: Private limited company
Registered office: Toevluchtweg 9
8620 Nieuwpoort · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2024
Average workforce: 1,0 ETP

Activities (NACE)

46610Wholesale of agricultural machinery, equipment and supplies· main 46610Wholesale of agricultural machinery, equipment and supplies 51880Air transport

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	3 M €	-0.2%	3 M €	+0.6%	3 M €	+3.4%	2,9 M €	+4.7%	2,8 M €
EBITDA	121,3 k €	+58.4%	76,6 k €	-10.2%	85,2 k €	-0.7%	85,8 k €	-1.7%	87,3 k €
Operating result	108,2 k €	+87.1%	57,8 k €	-9.1%	63,7 k €	-2.3%	65,2 k €	+22.2%	53,3 k €
Net result	52,9 k €	+140%	22,1 k €	-36.0%	34,5 k €	+16.0%	29,8 k €	-6.7%	31,9 k €
Balance sheet
Equity	1,1 M €	+4.9%	1,1 M €	+2.1%	1,1 M €	+3.4%	1 M €	+3.0%	993,3 k €
Total assets	1,5 M €	+0.2%	1,5 M €	-2.1%	1,5 M €	+2.4%	1,5 M €	-2.0%	1,5 M €
Cash	371,1 k €	+24.8%	297,4 k €	-19.3%	368,5 k €	-11.6%	416,9 k €	+1.0%	412,9 k €
Debts	349 k €	-12.6%	399,1 k €	-11.8%	452,5 k €	+0.3%	451,1 k €	-11.8%	511,3 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 31 ended

Active mandates

Alain Pinvidic

Director · since 24 août 2024 · until 15 mai 2027

Active

Mark Doggrell

Director · since 24 août 2024 · until 15 mai 2027

Active

Ended mandates

Alain Pinvidic

Director · since 25 mai 2022 · until 20 mars 2024

Ended

Alain Pinvidic

Director · since 25 mai 2022 · until 23 août 2024

Ended

Johan Declercq

Director · since 25 mai 2022 · until 20 mars 2024

Ended

Johan Declercq

Director · since 25 mai 2022 · until 23 août 2024

Ended

Other companies at this address

Toevluchtweg 9 8620 Nieuwpoort

Company	CBE no.
DECEVE● Bankrupt	0457.642.832
DHAESE-WILLEMOT● Active	0792.460.504
Groep Vercoutter● Active	0732.770.266
JOFACET● Active	0829.835.889
WERKHUIS VERCOUTTER● Active	0871.688.718

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/06/2025	29/08/2024	08/09/2023	07/07/2022	30/04/2021	06/10/2020
General meeting	21/05/2025	29/08/2024	08/09/2023	25/05/2022	17/03/2021	10/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	21/05/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	29/08/2024	29/08/2024	Dutch	PDF
Full model	31/12/2022	08/09/2023	08/09/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	07/07/2022	Dutch	PDF
Full model	31/12/2020	17/03/2021	30/04/2021	Dutch	PDF
Full model	31/12/2019	10/09/2020	06/10/2020	Dutch	PDF
Full model	31/12/2018	28/07/2019	27/08/2019	Dutch	PDF
Full model	31/12/2017	21/03/2018	30/07/2018	Dutch	PDF
Full model	31/12/2016	25/08/2017	25/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	09/08/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	23/07/2015	Dutch	PDF
Full model	31/12/2013	24/06/2014	10/07/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	07/05/2013	Dutch	PDF
Full model	31/12/2011	11/04/2012	25/05/2012	Dutch	PDF
Full model	31/12/2010	16/03/2011	13/05/2011	Dutch	PDF
Full model	31/12/2009	17/03/2010	21/05/2010	Dutch	PDF
Full model	31/12/2008	18/03/2009	18/08/2009	Dutch	PDF
Full model	31/12/2007	19/03/2008	04/04/2008	Dutch	PDF
Full modelCorrection	31/12/2006	21/03/2007	07/09/2007	Dutch	PDF
Full model	31/12/2006	21/03/2007	03/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 31 ended

Active mandates

Alain Pinvidic

Director · since 24 août 2024 · until 15 mai 2027

Active

Mark Doggrell

Director · since 24 août 2024 · until 15 mai 2027

Active

Ended mandates

Alain Pinvidic

Director · since 25 mai 2022 · until 20 mars 2024

Ended

Alain Pinvidic

Director · since 25 mai 2022 · until 23 août 2024

Ended

Johan Declercq

Director · since 25 mai 2022 · until 20 mars 2024

Ended

Johan Declercq

Director · since 25 mai 2022 · until 23 août 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/07/2026
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates30/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2016
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2024
Annual accounts 202452,9 k €↑
2023
Annual accounts 202322,1 k €↓
2022
Annual accounts 202234,5 k €↑
2021
Annual accounts 202129,8 k €↓
2020
Annual accounts 202031,9 k €↓
2019
Annual accounts 201934 k €↓
2018
Annual accounts 201850,9 k €↑
2017
Annual accounts 201746,6 k €↑
2016
Annual accounts 201613 k €↓
2015
Annual accounts 201534,8 k €↑
2014
Annual accounts 201429,7 k €↓
2013
Annual accounts 201393,2 k €↑
2012
Annual accounts 201279,6 k €↓
2011
Annual accounts 201185,4 k €↓
2010
Annual accounts 2010128,4 k €↑
2009
Annual accounts 2009127,6 k €↓
2008
Annual accounts 2008134,5 k €↑
2007
Annual accounts 2007129,9 k €↓
2006
Annual accounts 2006135,2 k €
20/12/1984
IncorporationPrivate limited company

SPAREX BELGIUM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline