VOLUNTARY DISSOLUTION - LIQUIDATION

SPIN

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Financial year 2025 · closed on 31/12/2025

Net result

60,1 €

+194.2% YoY

Equity

-28,1 k €

+0.2% YoY

Company — Voluntary dissolution - liquidation.

What does SPIN do?

SPIN is a Public limited company incorporated in 2002. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Aartselaar.

Legal situation

● Voluntary dissolution - liquidation

BCE/KBO no. / VAT

BE 0478.531.583

Incorporation

10/10/2002

Legal form

Public limited company

Registered office

Kontichsesteenweg 45
2630 Aartselaar · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 51140Passenger air transport 71100Architectural and engineering activities and related technical consultancy 77110Rental and leasing of cars and light motor vehicles 77110Rental and leasing of cars and light motor vehicles

Joint committees (1)

Signals

ProfitablePositive cashflow

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2025		2024		2023		2022		2021		2020		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	–		-63,8 €	+93.7%	-1 k €	+74.8%	-4 k €	-135%	-1,7 k €	-125%	-755,1 €	+88.5%	-6,5 k €	-189%	7,3 k €	+3135%	-242,1 €	-919%	29,6 €	-96.7%	898,1 €	+194%	-951,7 €	-115%	6,5 k €	+130%	2,8 k €	-57.4%	6,7 k €	+8.9%	6,1 k €	+202%	-6 k €	-110%	58,1 k €	+14.8%	50,6 k €	+54.8%	32,7 k €	+0.5%	32,5 k €
EBITDA	–		-63,8 €	+93.7%	-1 k €	+84.8%	-6,6 k €	-288%	-1,7 k €	-99.1%	-855,1 €	+86.9%	-6,5 k €	-190%	7,3 k €	+993%	-812,2 €	-97.2%	-411,9 €	-329%	179,5 €	+112%	-1,5 k €	-125%	6,2 k €	+289%	1,6 k €	-75.0%	6,4 k €	+16.6%	5,5 k €	+182%	-6,7 k €	-136%	18,8 k €	+41.1%	13,3 k €	+746%	-2,1 k €	-115%	13,7 k €
Operating result	–		-63,8 €	+93.7%	-1 k €	+95.3%	-21,6 k €	+63.2%	-58,7 k €	-6765%	-855,1 €	+86.9%	-6,5 k €	-190%	7,3 k €	+993%	-812,2 €	-97.2%	-411,9 €	-329%	179,5 €	+112%	-1,5 k €	-125%	6,2 k €	+289%	1,6 k €	-75.0%	6,4 k €	+16.6%	5,5 k €	+139%	-14,3 k €	-227%	11,2 k €	+23.4%	9,1 k €	+250%	-6,1 k €	-243%	4,2 k €
Net result	60,1 €	+194%	-63,8 €	+93.1%	-922,2 €	+95.7%	-21,6 k €	+67.6%	-66,6 k €	-7193%	-913,6 €	+86.2%	-6,6 k €	-205%	6,3 k €	+782%	-923,2 €	-398%	310,1 €	-79.5%	1,5 k €	+200%	-1,5 k €	-123%	6,5 k €	+326%	1,5 k €	-75.6%	6,3 k €	+292%	-3,3 k €	+78.0%	-14,8 k €	-286%	8 k €	-3.7%	8,3 k €	+651%	-1,5 k €	-147%	3,2 k €
Balance sheet
Equity	-28,1 k €	+0.2%	-28,1 k €	-0.2%	-28,1 k €	-3.4%	-27,2 k €	-390%	-5,5 k €	-107%	80,7 k €	-1.1%	81,6 k €	-7.5%	88,2 k €	+7.7%	81,9 k €	-1.1%	82,8 k €	+0.4%	82,5 k €	+1.9%	81 k €	-1.8%	82,5 k €	+8.6%	76 k €	+2.0%	74,5 k €	+9.2%	68,2 k €	-4.6%	71,5 k €	-17.1%	86,3 k €	+10.2%	78,3 k €	+11.8%	70,1 k €	-2.1%	71,6 k €
Total assets	19,8 k €	+0.3%	19,8 k €	-0.3%	19,8 k €	-7.6%	21,5 k €	-37.3%	34,2 k €	-62.4%	91 k €	-3.9%	94,6 k €	+1.5%	93,2 k €	-15.6%	110,4 k €	+4.4%	105,7 k €	+9.6%	96,4 k €	+10.1%	87,6 k €	+5.6%	82,9 k €	+8.3%	76,6 k €	+2.5%	74,7 k €	+4.9%	71,2 k €	-16.4%	85,2 k €	-33.9%	128,9 k €	+7.1%	120,3 k €	+9.4%	109,9 k €	+5.3%	104,4 k €
Cash	19,5 k €	+0.3%	19,4 k €	-0.3%	19,5 k €	-5.4%	20,6 k €	-28.9%	29 k €	-8.8%	31,8 k €	-11.4%	35,9 k €	-27.4%	49,4 k €	+298%	12,4 k €	-85.5%	85,4 k €	+46.5%	58,3 k €	+135%	24,8 k €	-47.1%	46,9 k €	+14.9%	40,8 k €	+897%	4,1 k €	+343%	925 €	-90.5%	9,7 k €	+302%	2,4 k €	-76.4%	10,2 k €	-72.6%	37,2 k €	+1188%	2,9 k €
Debts	32,9 k €	0.0%	32,9 k €	0.0%	32,9 k €	-2.1%	33,6 k €	-15.5%	39,8 k €	+287%	10,3 k €	-21.1%	13 k €	+162%	5 k €	-82.5%	28,4 k €	+24.6%	22,8 k €	+64.2%	13,9 k €	+111%	6,6 k €	+1530%	404,8 €	-29.0%	570,1 €	+185%	200 €	-93.2%	2,9 k €	-78.4%	13,7 k €	-67.9%	42,6 k €	+1.5%	42 k €	+5.3%	39,9 k €	+21.6%	32,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+100%	0,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

ADVOCATENKANTOOR ERIK GREEVE

Liquidator · since 30 juin 2020 · 0453.962.968

Represented by Erik Greeve

Active

Ended mandates

Cengiz (tot 2008) Tekin

Managing director

Ended

Cengiz (tot 2014) Tekin

Managing director

Ended

Cengiz Tekin

Managing director · until 30 juin 2020

Ended

Cengiz Tekin

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
Beltur● Active	0466.040.161
MG DEMOLITION & Dismantling● Active	1030.297.673

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/07/2020
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	6 months
Filing date	27/08/2026	29/08/2025	16/07/2024	27/07/2023	21/08/2022	21/08/2022
General meeting	–	–	–	–	–	–
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
Micro model	31/12/2025	—	27/08/2026	Dutch	PDF
Micro model	31/12/2024	—	29/08/2025	Dutch	PDF
Micro model	31/12/2023	—	16/07/2024	Dutch	PDF
Micro model	31/12/2022	—	27/07/2023	Dutch	PDF
Micro model	31/12/2021	—	21/08/2022	Dutch	PDF
Micro model	31/12/2020	—	21/08/2022	Dutch	PDF
Micro model	30/06/2020	01/01/9999	28/01/2021	Dutch	PDF
Abridged model	31/12/2019	01/01/9999	03/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	31/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 1 active · 13 ended

Active mandates

ADVOCATENKANTOOR ERIK GREEVE

Liquidator · since 30 juin 2020 · 0453.962.968

Represented by Erik Greeve

Active

Ended mandates

Cengiz (tot 2008) Tekin

Managing director

Ended

Cengiz (tot 2014) Tekin

Managing director

Ended

Cengiz Tekin

Managing director · until 30 juin 2020

Ended

Cengiz Tekin

Managing director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other30/10/2020
DIVERSEN
PDF
Mandates01/10/2020
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office24/09/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/10/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other17/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202560,1 €↑
2024
Annual accounts 2024-63,8 €↑
2023
Annual accounts 2023-922,2 €↑
2022
Annual accounts 2022-21,6 k €↑
2021
Annual accounts 2021-66,6 k €↓
2020
Annual accounts 2020-913,6 €↑
2020
Annual accounts 2020-6,6 k €↓
2019
Annual accounts 20196,3 k €↑
2018
Annual accounts 2018-923,2 €↓
2017
Annual accounts 2017310,1 €↓
2016
Annual accounts 20161,5 k €↑
2015
Annual accounts 2015-1,5 k €↓
2014
Annual accounts 20146,5 k €↑
2013
Annual accounts 20131,5 k €↓
2012
Annual accounts 20126,3 k €↑
2011
Annual accounts 2011-3,3 k €↑
2010
Annual accounts 2010-14,8 k €↓
2009
Annual accounts 20098 k €↓
2008
Annual accounts 20088,3 k €↑
2007
Annual accounts 2007-1,5 k €↓
2006
Annual accounts 20063,2 k €
10/10/2002
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

SPIN

Overview

What does SPIN do?

Trend over 21 financial years

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