ACTIVE

SPARTHAN

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Financial year 2025 · Closed on 29/09/2025

Net result
13,7 k €
+1 711,6 %over 1 year
Gross margin
67 k €
+238,9 %over 1 year
Equity
108,2 k €
+14,5 %over 1 year
Workforce
0,0 ETP

Identity

Source · BCE/KBO

SPARTHAN is a Private limited company incorporated in 2014. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Izegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0552.545.553
Incorporation
29/04/2014
Legal form
Private limited company
Registered office
Oude Iepersestraat 37
8870 Izegem · FlandreSee on map
Contributed capital
50 220,00 €
Latest accounts
29/09/2025
Average workforce
0,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin67 k €19,8 k €30 k €34,3 k €27 k €
EBITDA66,1 k €18,2 k €28,8 k €32,9 k €25,3 k €
Operating result40,4 k €11,2 k €26,7 k €31,2 k €22,2 k €
Net result13,7 k €-848,1 €14,8 k €15,9 k €12,6 k €
Balance sheet
Equity108,2 k €94,5 k €95,3 k €80,5 k €64,6 k €
Total assets644,6 k €577,6 k €553,2 k €576,7 k €560 k €
Cash8,7 k €2,8 k €10,9 k €5,2 k €8,4 k €
Debts520 k €483,1 k €457,9 k €492,7 k €491,9 k €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 29/09/2025

1 active · 1 ended

Active mandates

Vincent Theunynck

Director

Active

Ended mandates

Vincent Theunynck

Manager

Ended

Other companies at this address

Oude Iepersestraat 37 8870 Izegem
CompanyCBE no.
Arthena● Active
1040.711.812

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year30/09/202401/10/202301/10/202201/10/202101/10/202001/10/2018
Closing of the financial year29/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year13 months12 months12 months12 months12 months24 months
Filing date30/04/202630/04/202530/04/202402/05/202302/05/202230/04/2021
General meeting28/03/202630/04/202524/04/202403/04/202329/03/202227/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model29/09/202528/03/202630/04/2026DutchPDF
Abridged model30/09/202430/04/202530/04/2025DutchPDF
Abridged model30/09/202324/04/202430/04/2024DutchPDF
Abridged model30/09/202203/04/202302/05/2023DutchPDF
Abridged model30/09/202129/03/202202/05/2022DutchPDF
Abridged model30/09/202027/03/202130/04/2021DutchPDF
Abridged model30/09/201830/03/201930/04/2019DutchPDF
Abridged model31/03/201730/09/201731/10/2017DutchPDF
Abridged model31/03/201618/07/201607/09/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 29/09/2025

1 active · 1 ended

Active mandates

Vincent Theunynck

Director

Active

Ended mandates

Vincent Theunynck

Manager

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other02/07/2026
    DIVERSEN
    PDF
  • Registered office19/11/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/10/2019
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Other13/04/2018
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates25/01/2016
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Other20/05/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202513,7 k €↑
  2. 2024
    Annual accounts 2024-848,1 €↓
  3. 2023
    Annual accounts 202314,8 k €↓
  4. 2022
    Annual accounts 202215,9 k €↑
  5. 2021
    Annual accounts 202112,6 k €↑
  6. 2020
    Annual accounts 20201,8 k €↓
  7. 2018
    Annual accounts 201861,1 k €↑
  8. 2017
    Annual accounts 2017-6,3 k €↓
  9. 2016
    Annual accounts 201627 k €
  10. 29/04/2014
    IncorporationPrivate limited company