ACTIVE

SPIVAN

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Financial year 2025 · closed on 31/12/2025

Net result

210,6 k €

-24.9% YoY

Gross margin

212 k €

-23.8% YoY

Equity

923,7 k €

-2.8% YoY

What does SPIVAN do?

SPIVAN is a Public limited company incorporated in 1992. Its main activity is: Wholesale of grain, unmanufactured tobacco, seeds and animal feeds. Its registered office is in Wingene.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.933.123

Incorporation

16/12/1992

Legal form

Public limited company

Registered office

Bruggesteenweg 20
8755 Wingene · FlandreSee on map

Contributed capital

372 053,24 €

Latest accounts

31/12/2025

Activities (NACE)

46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds· main 46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds 51230Freight air transport and space transport 46231Wholesale of live animals 46231Wholesale of live animals 51210Freight air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	212 k €	-23.8%	278,4 k €	+65.5%	168,2 k €	-27.2%	230,9 k €	+156%	90,3 k €	-44.8%	163,5 k €	-6.3%	174,5 k €	+15.2%	151,5 k €	+26.7%	119,6 k €	-8.6%	130,9 k €	-5.2%	138 k €	+48.4%	93 k €	+211%	-83,5 k €	-174%	113,1 k €	-42.3%	196 k €	-55.0%	435,3 k €	+19.9%	363,1 k €	-3.5%	376,2 k €	-15.5%	445,3 k €
EBITDA	211 k €	-23.9%	277,3 k €	+65.8%	167,2 k €	-27.3%	229,9 k €	+163%	87,5 k €	-46.2%	162,6 k €	-6.3%	173,6 k €	+15.4%	150,5 k €	+26.8%	118,7 k €	-8.7%	129,9 k €	-5.2%	137,1 k €	+49.4%	91,8 k €	+207%	-85,8 k €	-178%	109,9 k €	-36.7%	173,4 k €	-46.9%	326,5 k €	+17.0%	279,2 k €	-2.9%	287,6 k €	-20.2%	360,4 k €
Operating result	210,2 k €	-24.1%	276,9 k €	+66.0%	166,8 k €	-26.4%	226,7 k €	+171%	83,7 k €	-42.1%	144,5 k €	-10.0%	160,6 k €	+19.6%	134,2 k €	+40.3%	95,7 k €	-13.3%	110,4 k €	-13.7%	127,9 k €	+55.4%	82,3 k €	+185%	-96,5 k €	-203%	93,7 k €	-36.8%	148,3 k €	-39.3%	244,2 k €	+30.8%	186,7 k €	-13.9%	216,8 k €	-27.4%	298,5 k €
Net result	210,6 k €	-24.9%	280,5 k €	+69.3%	165,7 k €	-26.8%	226,3 k €	+164%	85,7 k €	-41.4%	146,3 k €	-10.1%	162,6 k €	+19.9%	135,6 k €	+46.9%	92,3 k €	-14.9%	108,4 k €	-13.2%	125 k €	+31.3%	95,2 k €	+193%	-102,4 k €	-198%	104,2 k €	-43.8%	185,2 k €	-9.9%	205,5 k €	-0.4%	206,3 k €	+10.6%	186,6 k €	-16.6%	223,9 k €
Balance sheet
Equity	923,7 k €	-2.8%	950,3 k €	-2.7%	976,9 k €	-3.1%	1 M €	-3.0%	1 M €	-6.7%	1,1 M €	-3.3%	1,2 M €	-2.9%	1,2 M €	-2.3%	1,2 M €	-1.4%	1,2 M €	-1.1%	1,2 M €	+3.1%	1,2 M €	+5.0%	1,2 M €	-8.2%	1,3 M €	-27.0%	1,7 M €	+4.4%	1,6 M €	+8.5%	1,5 M €	+6.3%	1,4 M €	+5.1%	1,4 M €
Total assets	2 M €	+5.7%	1,9 M €	+18.2%	1,6 M €	+1.6%	1,6 M €	+9.5%	1,4 M €	-7.3%	1,6 M €	-5.1%	1,6 M €	-2.0%	1,7 M €	-7.7%	1,8 M €	+1.9%	1,8 M €	+13.5%	1,6 M €	-11.4%	1,8 M €	-19.4%	2,2 M €	+5.1%	2,1 M €	-3.4%	2,2 M €	+8.4%	2 M €	-9.5%	2,2 M €	+8.3%	2 M €	+7.4%	1,9 M €
Cash	234,8 k €	-35.0%	360,9 k €	-43.0%	633,5 k €	+7.2%	591,2 k €	-1.0%	597 k €	-3.0%	615,3 k €	-3.6%	638,2 k €	-2.7%	656,1 k €	-0.7%	661 k €	+15.9%	570,1 k €	+50.0%	379,9 k €	+79.3%	211,9 k €	+26.3%	167,8 k €	+52.5%	110 k €	+8.6%	101,4 k €	-63.7%	279,4 k €	-21.5%	355,8 k €	-49.3%	702,3 k €	+41.0%	498,2 k €
Debts	1,1 M €	+14.3%	953,5 k €	+50.3%	634,3 k €	+9.8%	577,7 k €	+41.2%	409 k €	-8.5%	447,3 k €	-9.4%	493,5 k €	+0.3%	492 k €	-18.4%	603,1 k €	+9.4%	551,4 k €	+81.0%	304,7 k €	-44.5%	549,1 k €	-47.2%	1 M €	+23.8%	840,5 k €	+84.7%	455,2 k €	+26.9%	358,8 k €	-48.6%	698,1 k €	+13.1%	617,4 k €	+13.1%	545,8 k €
Other
Workforce	–		–		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-82.1%	2,8 ETP	+3.7%	2,7 ETP	-3.6%	2,8 ETP	+3.7%	2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 30 ended

Active mandates

Hof Ter Jan

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0808.516.873

Represented by Spiesschaert Jan

Active

HOF TER STEENE

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0443.651.967

Represented by Spiesschaert Annelies

Active

Ivan Spiesschaert

Director · since 23 juin 2022 · until 02 juin 2028

Active

Ended mandates

Hof Ter Jan

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0808.516.873

Represented by Spiesschaert JAN

Ended

HOF TER STEENE

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0443.651.967

Represented by Spiesschaert ANNELIES

Ended

HOF TER STEENE

Managing director · since 02 décembre 2019 · until 06 juin 2025 · 0443.651.967

Represented by Spiesschaert Annelies

Ended

Hof Ter Jan

Managing director · since 07 juin 2019 · until 06 juin 2025 · 0808.516.873

Represented by Spiesschaert Jan

Ended

At this address

Other companies at this address

Company	CBE no.
Céline Claeys● Active	1000.320.715
Hof Ter Jan● Active	0808.516.873
SPIESSCHAERT JAN● Active	0653.876.703
SPIVATRA● Active	0821.812.011

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	30/07/2025	29/07/2024	01/08/2023	28/07/2022	26/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	01/08/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	13/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	18/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	07/07/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	02/06/2008	08/10/2008	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 30 ended

Active mandates

Hof Ter Jan

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0808.516.873

Represented by Spiesschaert Jan

Active

HOF TER STEENE

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0443.651.967

Represented by Spiesschaert Annelies

Active

Ivan Spiesschaert

Director · since 23 juin 2022 · until 02 juin 2028

Active

Ended mandates

Hof Ter Jan

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0808.516.873

Represented by Spiesschaert JAN

Ended

HOF TER STEENE

Managing director · since 23 juin 2022 · until 02 juin 2028 · 0443.651.967

Represented by Spiesschaert ANNELIES

Ended

HOF TER STEENE

Managing director · since 02 décembre 2019 · until 06 juin 2025 · 0443.651.967

Represented by Spiesschaert Annelies

Ended

Hof Ter Jan

Managing director · since 07 juin 2019 · until 06 juin 2025 · 0808.516.873

Represented by Spiesschaert Jan

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2006
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025210,6 k €↓
2024
Annual accounts 2024280,5 k €↑
2023
Annual accounts 2023165,7 k €↓
2022
Annual accounts 2022226,3 k €↑
2021
Annual accounts 202185,7 k €↓
2019
Annual accounts 2019146,3 k €↓
2018
Annual accounts 2018162,6 k €↑
2017
Annual accounts 2017135,6 k €↑
2016
Annual accounts 201692,3 k €↓
2015
Annual accounts 2015108,4 k €↓
2014
Annual accounts 2014125 k €↑
2013
Annual accounts 201395,2 k €↑
2012
Annual accounts 2012-102,4 k €↓
2011
Annual accounts 2011104,2 k €↓
2010
Annual accounts 2010185,2 k €↓
2009
Annual accounts 2009205,5 k €↓
2008
Annual accounts 2008206,3 k €↑
2007
Annual accounts 2007186,6 k €↓
2006
Annual accounts 2006223,9 k €
16/12/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SPIVAN

Overview

What does SPIVAN do?

Trend over 19 financial years

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