ACTIVE

Spine 8

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Financial year 2025 · closed on 31/12/2025
Net result
202,4 k €
-77.9% YoY
Gross margin
706,1 k €
-48.8% YoY
Equity
205,1 k €
+43.8% YoY
Workforce
3,2 ETP
-15.8% YoY

What does Spine 8 do?

Spine 8 is a Private limited company incorporated in 2019. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Heist-op-den-Berg. It employs on average 3,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0727.374.987
Incorporation
22/05/2019
Legal form
Private limited company
Registered office
Heksestraat(ITE) 88
2222 Heist-op-den-Berg · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
3,2 ETP
Activities (NACE)
46180Agents specialised in the sale of other particular products· main46180Agents specialised in the sale of other particular products70200Management consultancy activities70220Business and other management consultancy activities70210Public relations and communication activities73300Advertising and market research
Joint committees (2)
  • 226
  • 22600
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin706,1 k €1,4 M €518,7 k €329 k €221,8 k €163,8 k €
EBITDA292,1 k €960,4 k €275,7 k €234,5 k €129,5 k €135,1 k €
Operating result248,9 k €947 k €269,2 k €230,6 k €125,7 k €133,6 k €
Net result202,4 k €914,8 k €249,6 k €226,7 k €119,9 k €125,4 k €
Balance sheet
Equity205,1 k €142,6 k €47,8 k €38,3 k €36,6 k €21,6 k €
Total assets1,1 M €1,3 M €387,8 k €347,3 k €275,3 k €287,9 k €
Cash144,1 k €133,6 k €175,1 k €128,1 k €125,9 k €178,6 k €
Debts866,5 k €1,2 M €340 k €309 k €238,7 k €266,3 k €
Other
Workforce3,2 ETP3,8 ETP2,4 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 · 4 active · 3 ended

Active mandates

Flocare

Director · since 01 janvier 2023 · 0785.509.760

Represented by Roland Floris

Active
RUBCARE

Director · since 20 février 2021 · 0740.970.033

Represented by Rubbens YVES

Active
MEDICAL INVESTMENT & CONSULTANCY

Director · since 01 janvier 2020 · 0672.995.502

Represented by Herwyn LARS

Active
VH Consult

Director · since 01 janvier 2020 · 0717.674.492

Represented by Verbeek Jan

Active

Ended mandates

MEDICAL INVESTMENT & CONSULTANCY

Director · 0672.995.502

Represented by Lars Herwyn

Ended
RUBCARE

Director · 0740.970.033

Represented by Yves Rubbens

Ended
VH Consult

Director · 0717.674.492

Represented by Jan Verbeek

Ended
At this address

Other companies at this address

CompanyCBE no.
VH Consult● Active
0717.674.492
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202122/05/2019
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 months20 months
Filing date31/07/202617/07/202503/06/202402/05/202328/07/202216/02/2021
General meeting30/06/202621/05/202531/05/202431/03/202330/06/202210/02/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202421/05/202517/07/2025DutchPDF
Abridged model31/12/202331/05/202403/06/2024DutchPDF
Micro model31/12/202231/03/202302/05/2023DutchPDF
Micro model31/12/202130/06/202228/07/2022DutchPDF
Micro model31/12/202010/02/202116/02/2021DutchPDF
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 · 4 active · 3 ended

Active mandates

Flocare

Director · since 01 janvier 2023 · 0785.509.760

Represented by Roland Floris

Active
RUBCARE

Director · since 20 février 2021 · 0740.970.033

Represented by Rubbens YVES

Active
MEDICAL INVESTMENT & CONSULTANCY

Director · since 01 janvier 2020 · 0672.995.502

Represented by Herwyn LARS

Active
VH Consult

Director · since 01 janvier 2020 · 0717.674.492

Represented by Verbeek Jan

Active

Ended mandates

MEDICAL INVESTMENT & CONSULTANCY

Director · 0672.995.502

Represented by Lars Herwyn

Ended
RUBCARE

Director · 0740.970.033

Represented by Yves Rubbens

Ended
VH Consult

Director · 0717.674.492

Represented by Jan Verbeek

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/05/2019
    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 2025202,4 k €↓
  2. 2024
    Annual accounts 2024914,8 k €↑
  3. 2023
    Annual accounts 2023249,6 k €↑
  4. 2022
    Annual accounts 2022226,7 k €↑
  5. 2021
    Annual accounts 2021119,9 k €↓
  6. 2020
    Annual accounts 2020125,4 k €
  7. 22/05/2019
    IncorporationPrivate limited company