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 has been stable since 2018 (±1.4% per year). Its solvency ranks better than 74% of 1,853 sector peers (NACE 66, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-02-1992 Normal situation
- Activity
- Insurance agents and brokers NACE 66220
- Joint committee
- 307 Paritair Comité voor de makelarij en verzekeringsagentschappen · annual accounts 2025
- Establishment unit
- 2.056.474.630 7387 Honnelles, since 05-03-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Board and ownership
Board
- DATH VéroniqueDirector · since 31-05-2024
- MOLNAR Jean-PascalDirector · since 31-05-2024
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €1,069
- ▼ 63.4%
- Equity
- €76,109
- ▲ 1.4%
- Total assets
- €114,372
- ▲ 9.9%
- Employees on 31-12-2025
- 1
- =
- 2025 accounts filed 27 days after the deadline
Signalsraises risk2025 accounts filed 27 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 27 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
31 days late
2023
29 days late
2022
30 days late
2021
25 days late
2020
30 days late
2019
102 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433227.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 34 filings
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%
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€5,548
▼ 9.9%
2025
20182025
Net result
€1,069
▼ 63.4%
2025
lowest quarter of the sector
20182025
Equity
€76,109
▲ 1.4%
2025
middle half of the sector
20182025
Total assets
€114,372
▲ 9.9%
2025
lowest quarter of the sector
20182025
Debt
€38,263
▲ 31.6%
2025
20182025
Working capital
€28,867
▲ 11.7%
2025
middle half of the sector
20182025
Solvency
66.5%
▼ 5.5pp
2025
middle half of the sector
20182025
Current ratio
1.76
▼ 0.13
2025
middle half of the sector
20182025
Return on assets (ROA)
0.9%
▼ 1.9pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
1
=
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€7,117--€16,277€16,342-€268€14,155-€3,534€6,160€5,548▼ 9.9%
Net result€3,563--€27,727€14,596within the sector's middle half-€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€84,326-€56,599▼ 32.9%€71,196within the sector's middle half▲ 25.8%€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%€76,109within the sector's middle half▲ 1.4%
Total assets€134,638-€102,239▼ 24.1%€189,179within the sector's middle half▲ 85.0%€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€50,312-€45,639▼ 9.3%€117,984▲ 159%€90,610▼ 23.2%€86,722▼ 4.3%€57,749▼ 33.4%€29,074▼ 49.7%€38,263▲ 31.6%
Working capital€25,266-€9,058▼ 64.2%€6,911within the sector's middle half▼ 23.7%€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▲ 40×€28,867within the sector's middle half▲ 11.7%
Solvency62.6%-55.4%▼ 7.3pp37.6%within the sector's middle half▼ 17.7pp43.1%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 ratio1.63-1.25▼ 0.371.15within the sector's middle half▼ 0.111.10within 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)2.6%--27.1%▼ 29.8pp7.7%within the sector's middle half▲ 34.8pp-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=1within the sector's middle half=1=1=1=1=1below the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 10% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,037 | €6,440 | €12,580 | - | €1,239 |
| Depreciation and write-downs of the year | €27,638 | €24,809 | €23,196 | €24,369 | €2,969 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 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 | €12,836 | €13,117 | €37,260 | €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 | €55,191 | €31,838 | €87,514 | €67,721 | €82,581 | €71,760 | €78,818 | €60,286 | ▼ 23.5% |
| Operating profit (loss)9901 | €7,117 | -€16,277 | €16,342 | -€268 | €14,155 | -€3,534 | €6,160 | €5,548 | ▼ 9.9% |
| Financial income75/76B | - | - | - | €8 | €1 | €6 | €77 | €6 | ▼ 92.5% |
| Recurring financial income75 | €561 | €2 | €4 | €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 | €498 | €460 | €1,582 | €1,497 | €1,388 | €1,154 | €1,279 | €1,582 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | €7,180 | -€16,736 | €14,764 | -€1,757 | €12,768 | -€4,682 | €4,958 | €3,972 | ▼ 19.9% |
| Income taxes67/77 | €3,617 | €10,991 | €168 | €792 | €4,407 | €206 | €2,037 | €2,904 | ▲ 42.5% |
| Profit (loss) for the period9904 | €3,563 | -€27,727 | €14,596 | -€2,549 | €8,361 | -€4,888 | €2,921 | €1,069 | ▼ 63.4% |
| Profit (loss) for the period to be appropriated9905 | €3,563 | -€27,727 | €14,596 | -€2,549 | €8,361 | -€4,888 | €2,921 | €1,069 | ▼ 63.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €134,638 | €102,239 | €189,179 | €159,257 | €163,729 | €129,868 | €104,114 | €114,372 | ▲ 9.9% |
| Fixed assets21/28 | €68,950 | €57,521 | €135,349 | €108,748 | €90,379 | €73,641 | €49,272 | €47,543 | ▼ 3.5% |
| Intangible fixed assets21 | €20,263 | €10,000 | €84,000 | €63,000 | €42,000 | €21,000 | - | - | - |
| Tangible fixed assets22/27 | €48,266 | €47,099 | €50,928 | €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 | €421 | €421 | €421 | = |
| Current assets29/58 | €65,688 | €44,718 | €53,830 | €50,509 | €73,350 | €56,227 | €54,842 | €66,829 | ▲ 21.9% |
| Amounts receivable within one year40/41 | €52,225 | €42,830 | €45,544 | €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 | €12,155 | €1,139 | €7,092 | €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 | €134,638 | €102,239 | €189,179 | €159,257 | €163,729 | €129,868 | €104,114 | €114,372 | ▲ 9.9% |
| Equity10/15 | €84,326 | €56,599 | €71,196 | €68,647 | €77,008 | €72,120 | €75,041 | €76,109 | ▲ 1.4% |
| Contributions10/11 | €61,984 | €61,984 | €61,984 | €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 | €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 | €17,342 | -€10,385 | €4,212 | €1,663 | €10,024 | €5,136 | €8,057 | €9,125 | ▲ 13.3% |
| Amounts payable17/49 | €50,312 | €45,639 | €117,984 | €90,610 | €86,722 | €57,749 | €29,074 | €38,263 | ▲ 31.6% |
| Amounts payable after more than one year17 | - | - | €65,603 | €44,632 | €23,368 | €2,110 | - | - | - |
| Financial debts170/4 | - | - | - | €44,632 | €23,368 | €2,110 | - | - | - |
| Amounts payable within one year42/48 | €40,422 | €35,660 | €46,919 | €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 | €2,032 | €4,856 | €7,333 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,563 | -€27,727 | €14,596 | -€2,549 | €8,361 | -€4,888 | €2,921 | €1,069 | ▼ 63.4% |
| + Depreciation and write-downs630 | €12,836 | €13,117 | €37,260 | €27,638 | €24,809 | €23,196 | €24,369 | €2,969 | ▼ 87.8% |
| Operating cash flow (approximation) | €16,398 | -€14,610 | €51,856 | €25,089 | €33,170 | €18,308 | €27,289 | €4,037 | ▼ 85.2% |
| Investment in fixed assets (approximation) | - | -€1,687 | -€115,089 | -€1,037 | -€6,440 | -€6,458 | €0 | -€1,239 | - |
| Change in cash | - | -€11,016 | €5,953 | -€3,220 | €16,413 | -€12,712 | -€5,881 | €7,680 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-08-2026 | 2026-00433227 | |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00459473 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00406927 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00416088 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20338623 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57000452 | |
| 31-12-2019 | micro format | 10-11-2020 | 2020-70100249 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51200486 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56200304 | |
| 31-12-2016 | micro format | 21-03-2018 | 2018-07300399 |
Board & ownership
Directors
Directors
2 directors
DATH Véronique
Current
MOLNAR Jean-Pascal
Current
Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| DATH Véronique |
|
| MOLNAR Jean-Pascal |
|
Network & group
ESPACE shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of ESPACE. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
27-08
abbreviated format · 27 days late
2025
31-08
micro format · 31 days late
2024
31-12
Financial
Back to profitnet €2,921
The net result is €2,921, after one loss-making year.
29-08
micro format · 29 days late
2023
30-08
micro format · 30 days late
2022
31-12
Financial
Back to profitnet €8,361
The net result is €8,361, after one loss-making year.
25-08
micro format · 25 days late
2021
30-08
micro format · 30 days late
2020
31-12
Financial
Back to profitnet €14,596
The net result is €14,596, after one loss-making year.
10-11
micro format · 102 days late
2019
31-12
Financial
Weakest financial yearnet -€27,727
The net result drops to -€27,727, the lowest from 2018 to 2025. It recovers the following year.
26-08
micro format · 26 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
ESPACE in French
Enterprise number
0446.634.916
Legal form
Public limited company
Status
Active, normale toestand
Founded
01-02-1992
Entity type
Legal entity
Registered office and establishments
Registered office
Avenue du Haut-Pays (HON) 112, 7387 Honnelles, Belgium
Establishment unit
ESPACE, Avenue du Haut-Pays (HON) 112, 7387 Honnelles since 05-03-1992 · unit number 2.056.474.630
Activities
NACEBEL 202566220
Insurance agents and brokers main activity
Joint committee
307 Paritair Comité voor de makelarij en verzekeringsagentschappen annual accounts 2025
Invoicing and payment
VAT number
BE 0446.634.916
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
1,158 m²
Building footprint
145 m²
Building volume
988 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53004B0242/00D002 | Wallonia | 1,158 m² | 1 · 145 m² | 8.7 m · 2 |