Summary
ESPACE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €76,109 and a net result of €1,069. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 74% of 1505 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
31 d late
2023
29 d late
2022
30 d late
2021
25 d late
2020
30 d late
2019
102 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€76,109▲ 1.4%
2024 · €75,041
Net result
€1,069▼ 63.4%
2024 · €2,921
Total assets
€114,372▲ 9.9%
2024 · €104,114
Solvency
66.5%▼ 5.5pp
2024 · 72.1%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€268€14,155-€3,534€6,160€5,548▼ 9.9%
Net result-€2,549below the sector's middle half€8,361within the sector's middle half-€4,888below the sector's middle half€2,921below the sector's middle half€1,069below the sector's middle half▼ 63.4%
Equity€68,647within the sector's middle half▼ 3.6%€77,008within the sector's middle half▲ 12.2%€72,120within the sector's middle half▼ 6.3%€75,041within the sector's middle half▲ 4.1%€76,109below the sector's middle half▲ 1.4%
Total assets€159,257within the sector's middle half▼ 15.8%€163,729within the sector's middle half▲ 2.8%€129,868below the sector's middle half▼ 20.7%€104,114below the sector's middle half▼ 19.8%€114,372below the sector's middle half▲ 9.9%
Debt€90,610▼ 23.2%€86,722▼ 4.3%€57,749▼ 33.4%€29,074▼ 49.7%€38,263▲ 31.6%
Working capital€4,640within the sector's middle half▼ 32.9%€10,201within the sector's middle half▲ 120%€653within the sector's middle half▼ 93.6%€25,834within the sector's middle half▲ 3,858%€28,867within the sector's middle half▲ 11.7%
Solvency43.1%within the sector's middle half▲ 5.5pp47.0%within the sector's middle half▲ 3.9pp55.5%within the sector's middle half▲ 8.5pp72.1%within the sector's middle half▲ 16.5pp66.5%within the sector's middle half▼ 5.5pp
Current ratio1.10within the sector's middle half▼ 0.051.16within the sector's middle half▲ 0.061.01within the sector's middle half▼ 0.151.89within the sector's middle half▲ 0.881.76within the sector's middle half▼ 0.13
Return on assets (ROA)-1.6%below the sector's middle half▼ 9.3pp5.1%within the sector's middle half▲ 6.7pp-3.8%below the sector's middle half▼ 8.9pp2.8%within the sector's middle half▲ 6.6pp0.9%below the sector's middle half▼ 1.9pp
Staff (FTE)1=1=1=1=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
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 falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,372
Fixed assets
€47,543 ▼ 3.5%
Current assets
€66,829 ▲ 21.9%
Equity and liabilities €114,372
Equity
€76,109 ▲ 1.4%
Debt
€38,263 ▲ 31.6%
Debt's share of the balance-sheet total rises from 27.9% to 33.5%. Equity and debt are higher.
Key figures and ratios
ROE
1.4%▼
2024 · 3.9%
Debt ≤ 1 year
€37,962▲
2024 · €29,008
Income taxes
€2,904▲
2024 · €2,037
Staff costs
€49,099▲
2024 · €46,912
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37,096 | €39,751 | €43,960 | €46,912 | €49,099 | ▲ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,638 | €24,809 | €23,196 | €24,369 | €2,969 | ▼ 87.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €2,656 | €2,559 | €1,510 | €1,377 | €2,670 | ▲ 93.8% |
| Non-recurring operating charges66A | €599 | €1,307 | €6,628 | - | - | - |
| Gross operating margin9900 | €67,721 | €82,581 | €71,760 | €78,818 | €60,286 | ▼ 23.5% |
| Operating profit (loss)9901 | -€268 | €14,155 | -€3,534 | €6,160 | €5,548 | ▼ 9.9% |
| Financial income75/76B | €8 | €1 | €6 | €77 | €6 | ▼ 92.5% |
| Recurring financial income75 | €8 | €1 | €6 | €77 | €6 | ▼ 92.5% |
| Financial charges65/66B | €1,497 | €1,388 | €1,154 | €1,279 | €1,582 | ▲ 23.7% |
| Recurring financial charges65 | €1,497 | €1,388 | €1,154 | €1,279 | €1,582 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | -€1,757 | €12,768 | -€4,682 | €4,958 | €3,972 | ▼ 19.9% |
| Income taxes67/77 | €792 | €4,407 | €206 | €2,037 | €2,904 | ▲ 42.5% |
| Profit (loss) for the period9904 | -€2,549 | €8,361 | -€4,888 | €2,921 | €1,069 | ▼ 63.4% |
| Profit (loss) for the period to be appropriated9905 | -€2,549 | €8,361 | -€4,888 | €2,921 | €1,069 | ▼ 63.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €159,257 | €163,729 | €129,868 | €104,114 | €114,372 | ▲ 9.9% |
| Fixed assets21/28 | €108,748 | €90,379 | €73,641 | €49,272 | €47,543 | ▼ 3.5% |
| Intangible fixed assets21 | €63,000 | €42,000 | €21,000 | - | - | - |
| Tangible fixed assets22/27 | €45,327 | €47,958 | €52,219 | €48,851 | €47,121 | ▼ 3.5% |
| Land and buildings22 | €38,258 | €38,258 | €38,258 | €38,258 | €38,258 | = |
| Furniture and vehicles24 | €3,084 | €1,459 | €7,458 | €5,684 | €5,332 | ▼ 6.2% |
| Other tangible fixed assets26 | €3,984 | €8,241 | €6,503 | €4,909 | €3,531 | ▼ 28.1% |
| Financial fixed assets28 | €421 | €421 | €421 | €421 | €421 | = |
| Current assets29/58 | €50,509 | €73,350 | €56,227 | €54,842 | €66,829 | ▲ 21.9% |
| Amounts receivable within one year40/41 | €44,703 | €51,008 | €47,474 | €48,546 | €53,026 | ▲ 9.2% |
| Trade receivables40 | €13,782 | €14,228 | €14,771 | €15,097 | €15,183 | ▲ 0.6% |
| Other amounts receivable41 | €30,920 | €36,780 | €32,703 | €33,449 | €37,843 | ▲ 13.1% |
| Cash at bank and in hand54/58 | €3,872 | €20,285 | €7,573 | €1,692 | €9,372 | ▲ 454% |
| Deferred charges and accrued income490/1 | €1,934 | €2,057 | €1,181 | €4,603 | €4,431 | ▼ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €159,257 | €163,729 | €129,868 | €104,114 | €114,372 | ▲ 9.9% |
| Equity10/15 | €68,647 | €77,008 | €72,120 | €75,041 | €76,109 | ▲ 1.4% |
| Contributions10/11 | €61,984 | €61,984 | €61,984 | €61,984 | €61,984 | = |
| Capital10 | €61,984 | €61,984 | €61,984 | €61,984 | €61,984 | = |
| Issued capital100 | €61,984 | €61,984 | €61,984 | €61,984 | €61,984 | = |
| Reserves13 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Non-distributable reserves130/1 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Legal reserve130 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €1,663 | €10,024 | €5,136 | €8,057 | €9,125 | ▲ 13.3% |
| Amounts payable17/49 | €90,610 | €86,722 | €57,749 | €29,074 | €38,263 | ▲ 31.6% |
| Amounts payable after more than one year17 | €44,632 | €23,368 | €2,110 | - | - | - |
| Financial debts170/4 | €44,632 | €23,368 | €2,110 | - | - | - |
| Amounts payable within one year42/48 | €45,868 | €63,150 | €55,575 | €29,008 | €37,962 | ▲ 30.9% |
| Current portion of amounts payable after more than one year42 | €20,972 | €21,263 | €21,258 | €1,810 | - | - |
| Financial debts43 | €304 | €19,775 | €5,012 | €6,981 | €11,497 | ▲ 64.7% |
| Credit institutions430/8 | €304 | €19,775 | €5,012 | €6,981 | €11,497 | ▲ 64.7% |
| Trade debts44 | €7,553 | €6,170 | €8,855 | €2,514 | €7,823 | ▲ 211% |
| Suppliers440/4 | €7,553 | €6,170 | €8,855 | €2,514 | €7,823 | ▲ 211% |
| Taxes, remuneration and social security45 | €12,449 | €14,141 | €18,648 | €15,902 | €16,840 | ▲ 5.9% |
| Taxes450/3 | €4,297 | €4,477 | €6,064 | €4,778 | €4,952 | ▲ 3.6% |
| Remuneration and social security454/9 | €8,152 | €9,664 | €12,584 | €11,124 | €11,888 | ▲ 6.9% |
| Other amounts payable47/48 | €4,591 | €1,801 | €1,801 | €1,801 | €1,801 | = |
| Accrued charges and deferred income492/3 | €110 | €204 | €64 | €66 | €301 | ▲ 358% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,549 | €8,361 | -€4,888 | €2,921 | €1,069 | ▼ 63.4% |
| + Depreciation and write-downs630 | €27,638 | €24,809 | €23,196 | €24,369 | €2,969 | ▼ 87.8% |
| Operating cash flow (approximation) | €25,089 | €33,170 | €18,308 | €27,289 | €4,037 | ▼ 85.2% |
| Investment in fixed assets (approximation) | - | -€6,440 | -€6,458 | €0 | -€1,239 | - |
| Change in cash | - | €16,413 | -€12,712 | -€5,881 | €7,680 | ▲ 231% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €2,921
Net result €2,921 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €8,361
Net result €8,361 after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €14,596
Net result €14,596 after one loss-making year.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Weakest financial yearnet -€27,727
Net result drops to -€27,727, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 233 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Honnelles · 1 establishment unit since 1992
Ground area
1,158 m²
Building footprint
145 m²
Volume, LiDAR
988 m³
Parcel 53004B0242/00D002, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ESPACE
since 19922.056.474.630
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53004B0242/00D002 | Wallonia | 1,158 m² | 1 · 145 m² | 8.7 m · 2 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.
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Of 4,671 companies in this sector we hold annual accounts for 3,221. 2,564 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded01-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446634916
Registered
12-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.