Equity
-€460,524
Debts exceed assets in financial year 2025.
ESPACE
Lifetime
20 annual accounts with figures on one time axispeak €150,005 (2022)
€77,681▼ 25.7%
lowest -€112,425 (2006)
-€10,363▼ €2,760
peak -€106,225 (2006)
-€460,524▼ €10,363
€831,985▼ 2.2%
peak 2.9 FTE (2019)
-not published
Board1 name since 2005
1 director
Documentsfilings and deeds
25-09-202656 days late
2025micro format
Gross margin from €104,549 to €77,681Loss of €10,363Cash from €7,185 to €4,193
Key points
from the 2025 annual accountsLosses
-€52,513 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€831,985 224% of the balance sheet
Financial debts 83%Suppliers 3%Taxes and wages 1%Other 13%
Of this, €137,632 falls due within a year.
Staff
3 employees on 31-12-2025
In 2025, 11 people joined and 11 left.
Filings
20 annual accounts since 2006
Seven of the last ten came late. The 2025 accounts came latest: 56 days after the end of the period.
Position in the sector
-€460,524
Less equity than 95% of companies in personal services. Sector median €14,713 · 6,274 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,792 companies had the same profile as ESPACE has now. Each dot stands for 7 companies, two years later.
90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,792 companies, not a prediction for ESPACE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
First establishment
Putsesteenweg 52, Kalmthout
Incorporation
published on 28-07-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ESPACE Kalmthout | €371,461 | €77,681 | -124.0% | - |
| Van Den Broeck-De Becker Wuustwezel | €340,135 | €79,123 | 47.1% | - |
| OSIRIS Sint-Niklaas | €349,227 | €99,990 | 17.5% | - |
| PEDISUN Mortsel | €429,154 | €64,572 | -3.7% | - |
| C.F.B. Putte | €395,490 | €80,468 | 26.6% | - |
| PSDS Boechout | €496,815 | €107,544 | 22.8% | - |
| DERMALINA Antwerp | €491,161 | €80,786 | 34.9% | - |
These companies have the same main activity as ESPACE: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €340,000 and €497,000, founded between 2000 and 2010.
Official details
Source: KBO- Status
- Active since 18-07-2005Normal situation
- Activity
- Day spas, saunas and steam bathsNACE 96230and 2 others
- Joint committees
- 314Hairdressing and beauty care
- 302Hotels and catering · annual accounts 2022
- Establishment unit
- 2.149.870.9802920 Kalmthout, since 09-11-2005
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €190,000estimated
- €371,461▼ 7.3%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 25-09-2026
Insights on ESPACE
ESPACE files the micro format. That format states no turnover. The gross margin rose from -€30,209 in 2006 to €77,681 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ESPACE
- What is the company number of ESPACE?
- The company number of ESPACE is 0875.152.806. The VAT number is the same number with BE in front: BE 0875.152.806.
- Where is ESPACE based?
- The registered office is at Putsesteenweg 52, 2920 Kalmthout.Company details
- What does ESPACE do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of ESPACE?
- ESPACE is a private limited company (pre-2019) (BVBA).
- When was ESPACE founded?
- ESPACE was founded on 18-07-2005.
- Is ESPACE still active?
- Yes, ESPACE is an active enterprise in the KBO register.
- How many employees does ESPACE have?
- ESPACE had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ESPACE fall under?
- In its 2022 annual accounts, ESPACE states joint committees 314 (Hairdressing and beauty care) and 302 (Hotels and catering).
- What is the turnover of ESPACE?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €77,681 and 34 comparable companies (NACE 962). It probably lies between €150,000 and €220,000.
- Is ESPACE profitable?
- In financial year 2025, ESPACE made a loss of €10,363.
- Where can I find the annual accounts of ESPACE?
- ESPACE filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESPACE due?
- ESPACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.