ACTIVE

SPICIMMO

Financial year 2025 · closed on 31/12/2025
Net result
102,6 k €
+28.6% YoY
Gross margin
187,2 k €
+11.6% YoY
Equity
417,8 k €
+32.5% YoY
Workforce
0,0 ETP

What does SPICIMMO do?

SPICIMMO is a Public limited company incorporated in 1987. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.034.148
Incorporation
27/04/1987
Legal form
Public limited company
Registered office
Boulevard Saint-Michel 53
1040 Etterbeek · BruxellesSee on map
Contributed capital
62 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162015201420132012201120102009
Income statement
Gross margin187,2 k €167,8 k €152,7 k €171,8 k €169,6 k €19,4 k €174,1 k €172,2 k €167,8 k €171,1 k €128,1 k €128,6 k €119,4 k €111,9 k €156,5 k €
EBITDA176,7 k €157,3 k €142,6 k €162,6 k €160,6 k €10,2 k €163,9 k €164,3 k €155,8 k €163,5 k €119,7 k €121,3 k €112,3 k €100,9 k €140,2 k €
Operating result138 k €106,8 k €91,5 k €109,9 k €107,8 k €1,6 k €150,2 k €146,8 k €139,5 k €147,8 k €80,3 k €82,9 k €73,8 k €61,9 k €102 k €
Net result102,6 k €79,8 k €67,4 k €97,4 k €107,6 k €991,3 €100,5 k €100 k €95,6 k €102,3 k €59,1 k €59,9 k €54,6 k €47,5 k €74,3 k €
Balance sheet
Equity417,8 k €315,2 k €435,4 k €418 k €370,6 k €639,1 k €638,1 k €537,6 k €437,7 k €402,1 k €359,8 k €360,7 k €360,8 k €356,2 k €358,7 k €
Total assets485,5 k €618,8 k €545,5 k €516,1 k €617,7 k €661,2 k €689,7 k €551,1 k €561,7 k €527,5 k €473,2 k €437,2 k €418 k €407,1 k €461,1 k €
Cash52,1 k €255,6 k €157,3 k €90,8 k €154,7 k €433,7 k €45,8 k €1 k €44,2 k €43,9 k €40,8 k €357,6 €6 k €45,6 €193,1 €
Debts14 k €251,2 k €59,4 k €53,8 k €202,8 k €22,1 k €6,8 k €13,5 k €80,9 k €82,5 k €70,7 k €76,5 k €57,2 k €50,9 k €102,4 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 21 ended

Active mandates

Christophe Thibaut de Maisières

Director · since 16 mars 2018 · until 18 avril 2030

Active
Elisabeth Cornet d'Elzius

Director · since 16 mars 2018 · until 18 avril 2030

Active
Eric Speeckaert

Managing director · since 16 mars 2018 · until 18 avril 2030

Active
Jean-Charles Speeckaert

Director · since 16 mars 2018 · until 18 avril 2030

Active
Sophie Speeckaert

Director · since 16 mars 2018 · until 18 avril 2030

Active
Valentine Speeckaert

Director · since 16 mars 2018 · until 18 avril 2030

Active

Ended mandates

Christophe Thibaut de Maisières

Director · since 16 mars 2018 · until 18 avril 2024

Ended
Christophe Thibaut de Maisières

Director · since 16 mars 2018 · until 30 juin 2024

Ended
Elisabeth Cornet d'Elzius

Director · since 16 mars 2018 · until 18 avril 2024

Ended
Elisabeth Cornet d'Elzius

Director · since 16 mars 2018 · until 30 juin 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202602/06/202508/07/202405/06/202313/06/202211/06/2021
General meeting12/06/202616/05/202510/06/202402/05/202320/04/202220/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202626/06/2026FrenchPDF
Abridged model31/12/202416/05/202502/06/2025FrenchPDF
Abridged model31/12/202310/06/202408/07/2024FrenchPDF
Abridged model31/12/202202/05/202305/06/2023FrenchPDF
Abridged model31/12/202120/04/202213/06/2022FrenchPDF
Micro model31/12/202020/04/202111/06/2021FrenchPDF
Micro model31/12/201929/05/202025/06/2020FrenchPDF
Micro model31/12/201825/04/201918/06/2019FrenchPDF
Micro model31/12/201704/02/201821/06/2018FrenchPDF
Micro model31/12/201619/03/201730/08/2017DutchPDF
Abridged model31/12/201525/03/201622/04/2017DutchPDF
Abridged model31/12/201415/03/201523/09/2015DutchPDF
Abridged model31/12/201329/03/201417/08/2014DutchPDF
Abridged model31/12/201223/03/201329/08/2013DutchPDF
Abridged model31/12/201130/03/201231/07/2012DutchPDF
Abridged model31/12/201027/03/201121/07/2011DutchPDF
Abridged model31/12/200920/03/201006/08/2010DutchPDF
Abridged model31/12/200828/03/200913/07/2009DutchPDF
Abridged model31/12/200711/05/200802/07/2008DutchPDF
Abridged model31/12/200614/03/200728/06/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 21 ended

Active mandates

Christophe Thibaut de Maisières

Director · since 16 mars 2018 · until 18 avril 2030

Active
Elisabeth Cornet d'Elzius

Director · since 16 mars 2018 · until 18 avril 2030

Active
Eric Speeckaert

Managing director · since 16 mars 2018 · until 18 avril 2030

Active
Jean-Charles Speeckaert

Director · since 16 mars 2018 · until 18 avril 2030

Active
Sophie Speeckaert

Director · since 16 mars 2018 · until 18 avril 2030

Active
Valentine Speeckaert

Director · since 16 mars 2018 · until 18 avril 2030

Active

Ended mandates

Christophe Thibaut de Maisières

Director · since 16 mars 2018 · until 18 avril 2024

Ended
Christophe Thibaut de Maisières

Director · since 16 mars 2018 · until 30 juin 2024

Ended
Elisabeth Cornet d'Elzius

Director · since 16 mars 2018 · until 18 avril 2024

Ended
Elisabeth Cornet d'Elzius

Director · since 16 mars 2018 · until 30 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates08/10/2018
    DENOMINATION - OBJET - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates26/04/2018
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/09/2006
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office25/09/2006
    SIEGE SOCIAL - CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates15/09/2005
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025102,6 k €
  2. 2024
    Annual accounts 202479,8 k €
  3. 2023
    Annual accounts 202367,4 k €
  4. 2022
    Annual accounts 202297,4 k €
  5. 2021
    Annual accounts 2021107,6 k €
  6. 2018
    Annual accounts 2018991,3 €
  7. 2018
    Name changeSpicimmo
  8. 2017
    Annual accounts 2017100,5 k €
  9. 2016
    Annual accounts 2016100 k €
  10. 2015
    Annual accounts 201595,6 k €
  11. 2014
    Annual accounts 2014102,3 k €
  12. 2013
    Annual accounts 201359,1 k €
  13. 2012
    Annual accounts 201259,9 k €
  14. 2011
    Annual accounts 201154,6 k €
  15. 2010
    Annual accounts 201047,5 k €
  16. 2009
    Annual accounts 200974,3 k €
  17. 2009
    Name changeTABERON
  18. 27/04/1987
    IncorporationPublic limited company