B.space

Active

Private limited companyfounded 20206 yrs activeBoerenlegerstraat 35, 2650 Edegem, BelgiumKBO/BCE: BE 0751.512.448

Summary

B.space has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €39k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

B.spaceActiveChecked score 79/100

Risk analysis Report Compare

Checked score

Score 2025

79 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability87▼-6

Solvency69▼-20

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days acceptable

Liquidity ample (current ratio 1.76 against 2.73 in 2024; short-term debt: 56.3% and cash: 90.5% of total assets), but 56.4% 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

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

Activities of head offices; management consultancy activities (NACE 70)

about 69% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

43.6%

Return on assets

14.2%

Age of the figures

15 mo

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 5 filings

Deviation from the deadline

2025

2 d late

2024

11 d early

2023

26 d early

2022

7 d early

2021

on the day

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close25-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€121k▼ 17.4%

2024 · €147k

2021: €42klowest in 5 years 2022: €77k▲ +83.1% vs 2021 2023: €102k▲ +31.9% vs 2022 2024: €147k▲ +44.2% vs 2023highest in 5 years 2025: €121k▼ -17.4% vs 2024

2021 → 2025

Total assets

€278k▲ 20.8%

2024 · €230k

2021: €62klowest in 5 years 2022: €140k▲ +125% vs 2021 2023: €165k▲ +17.8% vs 2022 2024: €230k▲ +39.7% vs 2023 2025: €278k▲ +20.8% vs 2024highest in 5 years

2021 → 2025

Net result

€39k▼ 12.3%

2024 · €45k

2021: €41k 2022: €35k▼ -14.8% vs 2021 2023: €25k▼ -29.7% vs 2022lowest in 5 years 2024: €45k▲ +82.8% vs 2023highest in 5 years 2025: €39k▼ -12.3% vs 2024

2021 → 2025

Working capital

€119k▼ 17.0%

2024 · €143k

2021: €42klowest in 5 years 2022: €74k▲ +74.8% vs 2021 2023: €101k▲ +36.5% vs 2022 2024: €143k▲ +41.7% vs 2023highest in 5 years 2025: €119k▼ -17.0% vs 2024

2021 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€42k-€77k▲ 83.1%€102k▲ 31.9%€147k▲ 44.2%€121k▼ 17.4% 2021: €42klowest in 5 years 2022: €77k▲ +83.1% vs 2021 2023: €102k▲ +31.9% vs 2022 2024: €147k▲ +44.2% vs 2023highest in 5 years 2025: €121k▼ -17.4% vs 2024

Operating result€52k-€45k▼ 13.4%€35k▼ 21.9%€63k▲ 79.5%€56k▼ 11.2% 2021: €52k 2022: €45k▼ -13.4% vs 2021 2023: €35k▼ -21.9% vs 2022lowest in 5 years 2024: €63k▲ +79.5% vs 2023highest in 5 years 2025: €56k▼ -11.2% vs 2024

Net result€41k-€35k▼ 14.8%€25k▼ 29.7%€45k▲ 82.8%€39k▼ 12.3% 2021: €41k 2022: €35k▼ -14.8% vs 2021 2023: €25k▼ -29.7% vs 2022lowest in 5 years 2024: €45k▲ +82.8% vs 2023highest in 5 years 2025: €39k▼ -12.3% vs 2024

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 11% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €278k

99.2%

Fixed assets €2k ▼ 32.8%

Current assets €276k ▲ 21.6%

Equity and liabilities €278k

43.6%

56.4%

Equity €121k ▼ 17.4%

Debt €157k ▲ 88.1%

Debt's share of the balance-sheet total rises from 36.2% to 56.4%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€57k▼

2024 · €65k

Cash flow

€40k▼

2024 · €47k

Current ratio

1.76▼

2024 · 2.73

Debt to equity

1.29▲

2024 · 0.57

ROE

32.6%▲

2024 · 30.7%

ROA

14.2%▼

2024 · 19.6%

Interest coverage

410.62▼

2024 · 461.72

Debt ≤ 1 year

€157k▲

2024 · €83k

Income taxes

€16k▼

2024 · €18k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Balance sheet Code20242025

Assets

Total assets20/58€230k€278k▲

Fixed assets21/28€4k€2k▼

Tangible fixed assets22/27€3k€2k▼

Plant, machinery and equipment23€380€2k▲

Furniture and vehicles24€3k-

Financial fixed assets28€300€300=

Current assets29/58€227k€276k▲

Amounts receivable within one year40/41€49k€21k▼

Trade receivables40€45k€21k▼

Other amounts receivable41€4k€177▼

Cash at bank and in hand54/58€176k€251k▲

Deferred charges and accrued income490/1€1k€3k▲

Equity and liabilities

Total equity and liabilities10/49€230k€278k▲

Equity10/15€147k€121k▼

Contributions10/11€1k€1k=

Reserves13€146k€120k▼

Distributable reserves133€146k€120k▼

Amounts payable17/49€83k€157k▲

Amounts payable within one year42/48€83k€157k▲

Trade debts44€5k€2k▼

Suppliers440/4€5k€2k▼

Taxes, remuneration and social security45€17k€13k▼

Taxes450/3€8k€4k▼

Remuneration and social security454/9€9k€9k▲

Other amounts payable47/48€61k€141k▲

Accrued charges and deferred income492/3€160€160=

Income statement Code20242025

Non-recurring operating income76A-€4k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€789▼

Other operating charges640/8€731€728▼

Gross operating margin9900€65k€57k▼

Operating profit (loss)9901€63k€56k▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€140€138▼

Recurring financial charges65€140€138▼

Profit (loss) for the period before taxes9903€63k€56k▼

Income taxes67/77€18k€16k▼

Profit (loss) for the period9904€45k€39k▼

Profit (loss) for the period to be appropriated9905€45k€39k▼

Appropriation of the result

Profit (loss) to be appropriated9906€45k€39k▼

Transfer from equity791/2-€65k

Transfer to equity691/2€45k€39k▼

To other reserves6921€45k€39k▼

Profit to be distributed694/7-€65k

Return on contributions (dividend)694-€65k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	-	-	-	-	€4k	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1k	€1k	€2k	€2k	€789	▼ 53.8%
Other operating charges640/8	-	€640	€723	€731	€728	▼ 0.4%
Gross operating margin9900	€54k	€47k	€38k	€65k	€57k	▼ 12.2%
Operating profit (loss)9901	€52k	€45k	€35k	€63k	€56k	▼ 11.2%
Financial income75/76B	-	€6	-	€0	-	-
Recurring financial income75	-	€6	-	€0	-	-
Financial charges65/66B	-	€58	€154	€140	€138	▼ 1.5%
Recurring financial charges65	€0	€58	€154	€140	€138	▼ 1.5%
Profit (loss) for the period before taxes9903	€52k	€45k	€35k	€63k	€56k	▼ 11.3%
Income taxes67/77	€11k	€10k	€10k	€18k	€16k	▼ 8.8%
Profit (loss) for the period9904	€41k	€35k	€25k	€45k	€39k	▼ 12.3%
Profit (loss) for the period to be appropriated9905	€41k	€35k	€25k	€45k	€39k	▼ 12.3%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€62k	€140k	€165k	€230k	€278k	▲ 20.8%
Fixed assets21/28	€1k	€5k	€3k	€4k	€2k	▼ 32.8%
Tangible fixed assets22/27	€1k	€4k	€2k	€3k	€2k	▼ 35.9%
Plant, machinery and equipment23	-	€2k	€881	€380	€2k	▲ 441%
Furniture and vehicles24	-	€3k	€1k	€3k	-	-
Financial fixed assets28	€300	€300	€300	€300	€300	=
Current assets29/58	€61k	€135k	€162k	€227k	€276k	▲ 21.6%
Amounts receivable within one year40/41	€42k	€43k	€44k	€49k	€21k	▼ 56.3%
Trade receivables40	-	€40k	€40k	€45k	€21k	▼ 52.8%
Other amounts receivable41	-	€3k	€4k	€4k	€177	▼ 95.6%
Cash at bank and in hand54/58	€18k	€91k	€117k	€176k	€251k	▲ 42.5%
Deferred charges and accrued income490/1	-	€1k	€383	€1k	€3k	▲ 132%
Equity and liabilities
Total equity and liabilities10/49	€62k	€140k	€165k	€230k	€278k	▲ 20.8%
Equity10/15	€42k	€77k	€102k	€147k	€121k	▼ 17.4%
Contributions10/11	-	€1k	€1k	€1k	€1k	=
Reserves13	€41k	€76k	€101k	€146k	€120k	▼ 17.5%
Distributable reserves133	-	€76k	€101k	€146k	€120k	▼ 17.5%
Amounts payable17/49	€20k	€63k	€63k	€83k	€157k	▲ 88.1%
Amounts payable within one year42/48	€18k	€61k	€61k	€83k	€157k	▲ 88.3%
Trade debts44	€4k	€340	€899	€5k	€2k	▼ 55.9%
Suppliers440/4	-	€340	€899	€5k	€2k	▼ 55.9%
Taxes, remuneration and social security45	-	€11k	€13k	€17k	€13k	▼ 22.5%
Taxes450/3	-	€3k	€4k	€8k	€4k	▼ 49.9%
Remuneration and social security454/9	-	€8k	€9k	€9k	€9k	▲ 1.9%
Other amounts payable47/48	-	€49k	€47k	€61k	€141k	▲ 132%
Accrued charges and deferred income492/3	-	€2k	€2k	€160	€160	=

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€41k	€35k	€25k	€45k	€39k	▼ 12.3%
+ Depreciation and write-downs630	€1k	€1k	€2k	€2k	€789	▼ 53.8%
Operating cash flow (approximation)	€42k	€36k	€27k	€47k	€40k	▼ 13.8%
Investment in fixed assets (approximation)	-	€-5k	€0	€-3k	€360	▲ 114%
Change in cash	-	€74k	€26k	€59k	€75k	▲ 26.6%

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

All 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

02-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 2 days late

2025

20-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Highest result since 2021net €45k ▲82.8%

Operating result €63k, net result €45k, both a record.

05-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-06

Financial Weakest financial yearnet €25k ▼29.7%

Net result drops to €25k, the lowest in the series; recovery starts the following year.

30-06

Financial Equity above €100kEq €102k ▲31.9%

3 profitable years in a row build equity to €102k.

24-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-01

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Edegem · 1 establishment unit since 2020

seat establishment The establishment unit on the map

Ground area

508 m²

Building footprint

127 m²

Volume, LiDAR

592 m³

Parcel 11472C0259/00L002, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

B.SPACE

Boerenlegerstraat 35, 2650 EdegemHoldings

since 20202.305.232.912

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11472C0259/00L002	Flanders	508 m²	1 · 127 m²	8.2 m · 1 fl.

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.

Similar companies · same sector, comparable size

Bocholt · Eq €121,180

Roeselare · Eq €121,243

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,861 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

Founded27-07-2020

Fiscal year end30-06

Activities, NACEBEL 2025

70200Business and other management consultancy

64210Activities of holding companies

71111Activities of building architects

71113Urban planning and landscape architecture

73300Public relations and communication consultancy

82300Organisation of conventions and trade shows

Contact

Website www.b-space.be

E-mail dries@b-space.be

Scores and ratios are computed by Checked and are not a credit decision.