ACTIVE

SPAOLO

Financial year 2025 · closed on 31/12/2025
Net result
106,6 k €
+164.6% YoY
Gross margin
1,6 M €
+48.0% YoY
Equity
-66,7 k €
+61.5% YoY
Workforce
23,0 ETP
+5.0% YoY

What does SPAOLO do?

SPAOLO is a Public limited company incorporated in 2023. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Spa. It employs on average 23,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0802.297.589
Incorporation
01/06/2023
Legal form
Public limited company
Registered office
Boulevard des Anglais 45
4900 Spa · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
23,0 ETP
Joint committees (1)
  • 20201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin1,6 M €1,1 M €618,5 k €
EBITDA662,8 k €10,5 k €37,5 k €
Operating result273,6 k €-91,8 k €-40,8 k €
Net result106,6 k €-165 k €-108,3 k €
Balance sheet
Equity-66,7 k €-173,3 k €-9,3 k €
Total assets4,5 M €2,6 M €2,1 M €
Cash305 k €513,8 k €485,3 k €
Debts4,3 M €2,7 M €1,9 M €
Other
Workforce23,0 ETP21,9 ETP23,1 ETP
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 · 1 active · 1 ended

Active mandates

Joëlle Germaine Ledoux

Director · since 31 mai 2023

Active

Ended mandates

Hubert Royen

Managing director · since 31 mai 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
MANAJLActive
1020.653.202
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date26/08/202631/08/202531/08/2024
General meeting11/05/202629/08/202513/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/05/202626/08/2026FrenchPDF
Abridged model31/12/202429/08/202531/08/2025FrenchPDF
Abridged model31/12/202313/05/202431/08/2024FrenchPDF
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 · 1 active · 1 ended

Active mandates

Joëlle Germaine Ledoux

Director · since 31 mai 2023

Active

Ended mandates

Hubert Royen

Managing director · since 31 mai 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/06/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025106,6 k €
  2. 2024
    Annual accounts 2024-165 k €
  3. 2023
    Annual accounts 2023-108,3 k €
  4. 01/06/2023
    IncorporationPublic limited company