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ESPACE 28

Active
Non-profit associationfounded 200322 yrs activeRue de la Colline 18, 4800 Verviers, BelgiumKBO/BCE: BE 0862.282.389
Summary

ESPACE 28 has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,561 and a net result of €48,570. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
ESPACE 28ActiveChecked score 89/100
Risk analysis ReportCompare

Overview

What they do
Other social work without accommodation
NACE 88999Education NACE 85323
1 site
How big
€31,531turnover 2025
Staff
10.1 FTE
Equity
€205,561
Profit
€48,570
Financially healthy?
89 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Who decides
Accounts filed 31 d late0 of 4 deeds read
Why 89- Higher-failure-rate region+ Lower-risk legal form+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+78
Solvency74▲+12
Growth66▲+20
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.96 against 2.29 in 2024; short-term debt: 33.3% and cash: 42.3% of total assets), but 51.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · 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
48.7%
Return on assets
11.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
28 d late
2022
on the day
2021
23 d late
2020
26 d late
2019
56 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 28 days after the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% 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 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. General meeting · Permanent representativeDirector in office · Director…
  3. Back to profitnet €48,570

Key points

  • Positive: Back in profit in 2025after -€9,372 in 2024 €48,570 View
  • Turnover 20256 fiscal years filed €31,531 View
  • Active since 2003founded 19-12-2003 22 years View

By topic

Financials

Fiscal year
2025
Turnover
€31,531
Profit
€48,570
Solvency
48.7%
Turnover▲ 20.3%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 08-07-2026General meeting · Permanent representative
  3. 31-12-2025Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other social work without accommodationNACE 88999
Founded
19-12-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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