ACTIVE

SPINAE

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Financial year 2025 · closed on 31/12/2025
Net result
46,9 k €
-46.1% YoY
Gross margin
442 k €
+10.5% YoY
Equity
213,2 k €
-9.7% YoY
Workforce
5,4 ETP

What does SPINAE do?

SPINAE is a Private limited company incorporated in 2019. Its main activity is: Computer consultancy activities. Its registered office is in Gent. It employs on average 5,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0732.495.597
Incorporation
09/08/2019
Legal form
Private limited company
Registered office
Amelia Earhartlaan 2
9051 Gent · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
5,4 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities46500Wholesale of information and communication equipment46510Wholesale of computers, computer peripheral equipment and software
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin442 k €399,8 k €293,8 k €199,5 k €139,8 k €145,9 k €
EBITDA97,4 k €128,4 k €108,5 k €56,1 k €69,4 k €133 k €
Operating result70,3 k €105,6 k €94,3 k €50,7 k €67,1 k €131,4 k €
Net result46,9 k €87 k €91,4 k €35,6 k €49,8 k €101,5 k €
Balance sheet
Equity213,2 k €236,2 k €149,2 k €196,8 k €161,2 k €111,5 k €
Total assets537,9 k €375,7 k €521,7 k €313,8 k €222,4 k €135,6 k €
Cash91,9 k €126,5 k €190 k €92,6 k €116 k €89,6 k €
Debts270,8 k €120,3 k €338,3 k €115 k €61,1 k €24,1 k €
Other
Workforce5,4 ETP–––––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Constelaris

Director · since 10 juillet 2025 · 1019.186.027

Represented by Stijn Boussemaere

Active
King Stout

Director · since 10 juillet 2025 · 0713.615.835

Represented by Marc Degryse

Active
SOFRITO

Director · since 10 juillet 2025 · 0803.412.594

Represented by Benoit Claus

Active
SPINAE KORTRIJK

Director · since 02 juin 2023 · until 10 juillet 2025 · 0732.686.431

Represented by Stijn Boussemaere

Active

Ended mandates

Pentastic

Director · since 02 juin 2023 · until 17 avril 2024 · 0732.495.203

Represented by Mattias Dewulf

Ended
Pentastic

Director · since 02 juin 2023 · 0732.495.203

Represented by Mattias Dewulf

Ended
SPINAE KORTRIJK

Director · since 02 juin 2023 · 0732.686.431

Represented by Stijn Boussemaere

Ended
Mattias Dewulf

Director · until 02 juin 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202109/08/2019
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 months17 months
Filing date18/07/202612/07/202517/05/202402/07/202303/07/202201/07/2021
General meeting05/06/202606/06/202517/04/202402/06/202303/06/202204/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202618/07/2026DutchPDF
Micro model31/12/202406/06/202512/07/2025DutchPDF
Micro model31/12/202317/04/202417/05/2024DutchPDF
Micro model31/12/202202/06/202302/07/2023DutchPDF
Micro model31/12/202103/06/202203/07/2022DutchPDF
Micro model31/12/202004/06/202101/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 7 ended

Active mandates

Constelaris

Director · since 10 juillet 2025 · 1019.186.027

Represented by Stijn Boussemaere

Active
King Stout

Director · since 10 juillet 2025 · 0713.615.835

Represented by Marc Degryse

Active
SOFRITO

Director · since 10 juillet 2025 · 0803.412.594

Represented by Benoit Claus

Active
SPINAE KORTRIJK

Director · since 02 juin 2023 · until 10 juillet 2025 · 0732.686.431

Represented by Stijn Boussemaere

Active

Ended mandates

Pentastic

Director · since 02 juin 2023 · until 17 avril 2024 · 0732.495.203

Represented by Mattias Dewulf

Ended
Pentastic

Director · since 02 juin 2023 · 0732.495.203

Represented by Mattias Dewulf

Ended
SPINAE KORTRIJK

Director · since 02 juin 2023 · 0732.686.431

Represented by Stijn Boussemaere

Ended
Mattias Dewulf

Director · until 02 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/08/2025
    Ontslag en benoeming bestuurder - wijziging zetel
    PDF
  • Mandates16/05/2024
    Ontslag bestuurder
    PDF
  • Mandates12/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/08/2019
    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 202546,9 k €↓
  2. 2024
    Annual accounts 202487 k €↓
  3. 2023
    Annual accounts 202391,4 k €↑
  4. 2022
    Annual accounts 202235,6 k €↓
  5. 2021
    Annual accounts 202149,8 k €↓
  6. 2020
    Annual accounts 2020101,5 k €
  7. 09/08/2019
    IncorporationPrivate limited company