A-SPACE
ActiveSummary
A-SPACE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €-6k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▲+10
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 8.28 against 5.08 in 2024; short-term debt: 11.1% and cash: 83% of total assets), and 11.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
26 d late
2024
30 d late
2023
29 d late
2022
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▼ 7.0%
2024 · €80k
Total assets
€84k▼ 13.4%
2024 · €97k
Net result
€-6k▲ 62.0%
2024 · €-15k
Working capital
€68k=
2024 · €68k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€37k-€85k▲ 127%€-15k€-7k▲ 56.6%
Net result€30k-€63k▲ 109%€-15k€-6k▲ 62.0%
Equity€32k-€95k▲ 196%€80k▼ 15.6%€75k▼ 7.0%
Total assets€38k-€112k▲ 197%€97k▼ 13.8%€84k▼ 13.4%
Debt€6k-€17k▲ 204%€17k▼ 3.4%€9k▼ 43.9%
Working capital€19k-€75k▲ 287%€68k▼ 10.0%€68k=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€7k ▼ 44.7%
Current assets
€77k ▼ 8.6%
Equity and liabilities €84k
Equity
€75k ▼ 7.0%
Debt
€9k ▼ 43.9%
Debt's share of the balance-sheet total falls from 17.1% to 11.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-838▲
2024 · €-9k
Cash flow
€14▲
2024 · €-9k
Current ratio
8.28▲
2024 · 5.08
Debt to equity
0.12▼
2024 · 0.21
ROE
-7.6%▲
2024 · -18.5%
ROA
-6.7%▲
2024 · -15.4%
Interest coverage
-10.87▲
2024 · -124.67
Debt ≤ 1 year
€9k▼
2024 · €17k
Income taxes
€234▲
2024 · €54
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €111 | - | - |
| Remuneration, social security and pensions62 | - | €156 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €5k | €6k | €6k | ▼ 9.1% |
| Other operating charges640/8 | €402 | €618 | €381 | €489 | ▲ 28.4% |
| Gross operating margin9900 | €41k | €91k | €-8k | €-349 | ▲ 95.8% |
| Operating profit (loss)9901 | €37k | €85k | €-15k | €-7k | ▲ 56.6% |
| Financial income75/76B | €0 | €131 | €231 | €1k | ▲ 404% |
| Recurring financial income75 | €0 | €131 | €231 | €1k | ▲ 404% |
| Financial charges65/66B | €49 | €69 | €70 | €77 | ▲ 10.0% |
| Recurring financial charges65 | €49 | €69 | €70 | €77 | ▲ 10.0% |
| Profit (loss) for the period before taxes9903 | €37k | €85k | €-15k | €-5k | ▲ 63.5% |
| Income taxes67/77 | €7k | €22k | €54 | €234 | ▲ 330% |
| Profit (loss) for the period9904 | €30k | €63k | €-15k | €-6k | ▲ 62.0% |
| Profit (loss) for the period to be appropriated9905 | €30k | €63k | €-15k | €-6k | ▲ 62.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €38k | €112k | €97k | €84k | ▼ 13.4% |
| Fixed assets21/28 | €13k | €20k | €13k | €7k | ▼ 44.7% |
| Intangible fixed assets21 | €3k | €5k | €3k | €2k | ▼ 46.7% |
| Tangible fixed assets22/27 | €10k | €15k | €10k | €5k | ▼ 44.1% |
| Plant, machinery and equipment23 | €3k | €3k | €2k | €1k | ▼ 34.7% |
| Furniture and vehicles24 | €5k | €12k | €7k | €4k | ▼ 47.4% |
| Other tangible fixed assets26 | €1k | €1k | €722 | €443 | ▼ 38.7% |
| Current assets29/58 | €25k | €92k | €84k | €77k | ▼ 8.6% |
| Amounts receivable within one year40/41 | €4k | €2k | €6k | €5k | ▼ 17.4% |
| Trade receivables40 | €2k | €2k | €2k | €884 | ▼ 55.8% |
| Other amounts receivable41 | €2k | - | €4k | €4k | = |
| Current investments50/53 | - | - | €50k | - | - |
| Cash at bank and in hand54/58 | €21k | €88k | €26k | €70k | ▲ 173% |
| Deferred charges and accrued income490/1 | €735 | €1k | €2k | €2k | ▼ 12.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €38k | €112k | €97k | €84k | ▼ 13.4% |
| Equity10/15 | €32k | €95k | €80k | €75k | ▼ 7.0% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Reserves13 | - | €50k | €50k | €50k | = |
| Distributable reserves133 | - | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €30k | €43k | €28k | €23k | ▼ 20.0% |
| Amounts payable17/49 | €6k | €17k | €17k | €9k | ▼ 43.9% |
| Amounts payable within one year42/48 | €6k | €17k | €17k | €9k | ▼ 43.9% |
| Trade debts44 | €2k | €4k | €12k | €2k | ▼ 84.3% |
| Suppliers440/4 | €2k | €4k | €12k | €2k | ▼ 84.3% |
| Advances received on contracts in progress46 | - | - | €250 | - | - |
| Taxes, remuneration and social security45 | €749 | €11k | €692 | €2k | ▲ 202% |
| Taxes450/3 | €749 | €11k | €692 | €2k | ▲ 202% |
| Other amounts payable47/48 | €3k | €2k | €4k | €5k | ▲ 39.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €63k | €-15k | €-6k | ▲ 62.0% |
| + Depreciation and write-downs630 | €3k | €5k | €6k | €6k | ▼ 9.1% |
| Operating cash flow (approximation) | €33k | €68k | €-9k | €14 | ▲ 100% |
| Investment in fixed assets (approximation) | - | €-12k | €1k | €0 | ▼ 100% |
| Change in cash | - | €68k | €-63k | €44k | ▲ 170% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2022net €63k ▲109%
Operating result €85k, net result €63k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
Ground area
319 m²
Building footprint
307 m²
Parcel 11807G0214/00G013, Flanders. Linked by address, not a title deed.
1 establishment unit
A-SPACE
since 20212.325.750.984
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0214/00G013 | Flanders | 319 m² | 1 · 307 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 5,469 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
23410Manufacture of ceramic household and ornamental articles
47690Retail sale of other cultural and recreation goods
68203Renting and operating of own or leased non-residential real estate, excluding land
90111Literary creation
Contact
Website
www.a-space.be
E-mail
info@a-space.be
Scores and ratios are computed by Checked and are not a credit decision.