ACTIVE

SPA 59

Financial year 2025 · closed on 31/12/2025
Net result
44,4 k €
+0.2% YoY
Gross margin
119 k €
+5.2% YoY
Equity
275,6 k €
+19.2% YoY

What does SPA 59 do?

SPA 59 is a Private limited company incorporated in 2016. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0648.588.025
Incorporation
11/02/2016
Legal form
Private limited company
Registered office
Brouwersstraat 7-D000
3000 Leuven · FlandreSee on map
Contributed capital
110 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin119 k €113,1 k €109,9 k €95,8 k €93,1 k €137,8 k €-3 k €-6,4 k €38,9 k €
EBITDA112,7 k €106,9 k €104,4 k €91,1 k €88,4 k €134,6 k €-6 k €-9,2 k €34,2 k €
Operating result71,7 k €66 k €63,4 k €50,1 k €47,4 k €93,4 k €-29,3 k €-26,8 k €221,8 €
Net result44,4 k €44,3 k €44,6 k €31,1 k €30,8 k €75,2 k €-49,4 k €-39,5 k €-15,8 k €
Balance sheet
Equity275,6 k €231,2 k €186,8 k €142,3 k €111,2 k €80,4 k €5,2 k €54,6 k €94,2 k €
Total assets1,2 M €1,2 M €1,2 M €1,3 M €1,3 M €1,4 M €1,4 M €949,4 k €613,6 k €
Cash25,9 k €30,4 k €24,3 k €59,4 k €39,7 k €79,1 k €54,5 k €49,7 k €8 k €
Debts885,9 k €975,9 k €1,1 M €1,2 M €1,2 M €1,3 M €1,4 M €894,8 k €519,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Bruno DUFAYS

Director · since 11 février 2016

Active
Pieter VANHOUT

Director · since 11 février 2016

Active

Ended mandates

BRUNO DUFAYS

Manager · since 11 février 2016

Ended
Pieter Hendrik Maria VANHOUT

Director · since 11 février 2016

Ended
Pieter Hendrik Maria VANHOUT

Manager · since 11 février 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date13/07/202603/07/202518/06/202431/07/202331/08/202231/08/2021
General meeting04/06/202605/06/202506/06/202401/06/202302/06/202203/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/06/202613/07/2026DutchPDF
Micro model31/12/202405/06/202503/07/2025DutchPDF
Micro model31/12/202306/06/202418/06/2024DutchPDF
Micro model31/12/202201/06/202331/07/2023DutchPDF
Micro model31/12/202102/06/202231/08/2022DutchPDF
Micro model31/12/202003/06/202131/08/2021DutchPDF
Micro model31/12/201904/06/202031/08/2020DutchPDF
Micro model31/12/201806/06/201909/10/2019DutchPDF
Micro model31/12/201707/06/201818/06/2018DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Bruno DUFAYS

Director · since 11 février 2016

Active
Pieter VANHOUT

Director · since 11 février 2016

Active

Ended mandates

BRUNO DUFAYS

Manager · since 11 février 2016

Ended
Pieter Hendrik Maria VANHOUT

Director · since 11 février 2016

Ended
Pieter Hendrik Maria VANHOUT

Manager · since 11 février 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/02/2016
    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

Timeline

  1. 2025
    Annual accounts 202544,4 k €
  2. 2024
    Annual accounts 202444,3 k €
  3. 2023
    Annual accounts 202344,6 k €
  4. 2022
    Annual accounts 202231,1 k €
  5. 2021
    Annual accounts 202130,8 k €
  6. 2020
    Annual accounts 202075,2 k €
  7. 2019
    Annual accounts 2019-49,4 k €
  8. 2018
    Annual accounts 2018-39,5 k €
  9. 2017
    Annual accounts 2017-15,8 k €
  10. 11/02/2016
    IncorporationPrivate limited company