Also Space
ActiveAlso Space has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332k and a net result of €101k. Equity is growing by ~48.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 8636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-3
Solvency57▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.44 in 2024; short-term debt: 51.9% and cash: 24.8% of total assets), but 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.1%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
38 d early
2022
32 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€332k▲ 44.0%
2024 · €230k
2022: €56k
2023: €147k
2024: €230k
2022 → 2025
Total assets
€1.03M▲ 47.4%
2024 · €701k
2022: €170k
2023: €461k
2024: €701k
2022 → 2025
Net result
€101k▲ 21.3%
2024 · €84k
2022: €31k
2023: €90k
2024: €84k
2022 → 2025
Working capital
€427k▲ 14.3%
2024 · €373k
2022: €96k
2023: €95k
2024: €373k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€56k-€147k▲ 160%€230k▲ 57.0%€332k▲ 44.0%
Operating result€40k-€120k▲ 197%€116k▼ 3.1%€148k▲ 27.4%
Net result€31k-€90k▲ 187%€84k▼ 7.3%€101k▲ 21.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€70k▲ 2.9%
Current assets
€963k▲ 52.2%
Equity and liabilities €1.03M
Equity
€332k▲ 44.0%
Debt
€701k▲ 49.1%
The debt ratio rises from 67.1% to 67.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€169k▲
2024 · €132k
Cash flow
€123k▲
2024 · €100k
Solvency
32.1%▼
2024 · 32.9%
Current ratio
1.80▼
2024 · 2.44
Quick ratio
1.80▼
2024 · 2.44
Debt / equity
2.11▲
2024 · 2.04
ROE
30.6%▼
2024 · 36.3%
ROA
9.8%▼
2024 · 11.9%
Interest coverage
38.89▼
2024 · 76.27
Debt
€701k▲
2024 · €470k
Debt ≤ 1 year
€536k▲
2024 · €259k
Debt > 1 year
€3k
Income taxes
€42k▲
2024 · €31k
Staff costs
€359k▲
2024 · €288k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€701k€1.03M▲
Fixed assets21/28€68k€70k▲
Intangible fixed assets21€5k€10k▲
Tangible fixed assets22/27€53k€50k▼
Furniture and vehicles24€36k€36k▼
Other tangible fixed assets26€17k€15k▼
Financial fixed assets28€10k€10k=
Current assets29/58€633k€963k▲
Amounts receivable within one year40/41€23k€684k▲
Trade receivables40€5k€639k▲
Other amounts receivable41€17k€45k▲
Cash at bank and in hand54/58€265k€257k▼
Deferred charges and accrued income490/1€345k€23k▼
Equity and liabilities
Total equity and liabilities10/49€701k€1.03M▲
Equity10/15€230k€332k▲
Contributions10/11€25k€25k=
Outside capital11€25k€25k=
Other1109/19€25k€25k=
Reserves13€204k€304k▲
Distributable reserves133€204k€304k▲
Profit (loss) carried forward14€1k€3k▲
Amounts payable17/49€470k€701k▲
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€259k€536k▲
Current portion of amounts payable after more than one year42-€31k
Financial debts43€1k€747▼
Credit institutions430/8€1k€747▼
Trade debts44€19k€303k▲
Suppliers440/4€19k€303k▲
Taxes, remuneration and social security45€197k€193k▼
Taxes450/3€156k€138k▼
Remuneration and social security454/9€41k€55k▲
Other amounts payable47/48€42k€9k▼
Accrued charges and deferred income492/3€211k€162k▼
Income statement
Code20242025
Remuneration, social security and pensions62€288k€359k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€174€324▲
Gross operating margin9900€420k€528k▲
Operating profit (loss)9901€116k€148k▲
Financial income75/76B€292€654▲
Recurring financial income75€292€654▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€114k€144k▲
Income taxes67/77€31k€42k▲
Profit (loss) for the period9904€84k€101k▲
Profit (loss) for the period to be appropriated9905€84k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€103k▲
Profit (loss) brought forward from the previous period14P€720€1k▲
Transfer to equity691/2€83k€100k▲
To other reserves6921€83k€100k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €101k ▲21.3%
Operating result €148k, net result €101k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €230k ▲57%
3 profitable years in a row build equity to €230k.
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €147k ▲160%
2 profitable years in a row build equity to €147k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Elsene · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Emmanuel Van Driesschestraat 611050 ElseneGround area
207 m²
Building footprint
101 m²
Volume, LiDAR
1,736 m³
Parcel 21447B0306/00L036, Brussels · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Also Space
since 20222.332.959.668
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0306/00L036 | Brussels | 207 m² | 1 · 101 m² | 21.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2024 to 2025 · 3 entries · 304,500 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 289,500 EUR |
| 2024 | 2 | 15,000 EUR |
Projects
MULTI-SOURCE INFORMATION SYSTEM BASED ON REMOTE SENSING AI ANALYTICS TO SUPPORT THE STRATEGIC DEFENCE DOMAIN
SECURITY SERVICES INTERNAL EVENT
EU SPACE DATA AND SERVICES IN SUPPORT OF THE EU DISASTER RESILIENCE
GOALS - EC-DEFIS/2024/OP/0010-PP
European research
1 project · 258,750 EUR EU contributionProgrammes
HORIZON
Projects
ORBITAL RESOURCE INTEROPERABILITY AND ORCHESTRATION NETWORK
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 37,535 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.