ESPACE DU POSSIBLE
ActiveESPACE DU POSSIBLE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-143k) and a net result of €-249k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-49
Solvency0▼-42
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 2.18 in 2024; short-term debt: 30.6% and cash: 1.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-26.1%
Return on assets
-45.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-143k
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 filingsDeviation from the deadline
2025
31 d late
2024
29 d early
2023
13 d early
2022
10 d late
2021
20 d early
2020
24 d late
2019
80 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-249k
2024 · €5k
2018: €27k
2019: €51k
2020: €51k
2021: €68k
2022: €25k
2023: €34k
2024: €5k
2018 → 2025
Working capital
€-84k
2024 · €79k
2018: €86k
2019: €137k
2020: €160k
2021: €154k
2022: €134k
2023: €135k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€130k▼ 9.5%€125k▼ 4.0%€106k▼ 15.7%€-143k
Operating result€93k-€47k▼ 49.6%€54k▲ 15.8%€28k▼ 48.3%€-229k
Net result€68k-€25k▼ 62.9%€34k▲ 33.7%€5k▼ 84.3%€-249k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €229k after €28k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €548k
Fixed assets
€464k▼ 0.3%
Current assets
€84k▼ 42.6%
Key figures and ratios
EBITDA
€-192k▼
2024 · €58k
Cash flow
€-212k▼
2024 · €35k
Solvency
-26.1%▼
2024 · 17.3%
Current ratio
0.50▼
2024 · 2.18
Quick ratio
0.49▼
2024 · 2.17
Debt / equity
-4.84▼
2024 · 4.79
ROA
-45.3%▼
2024 · 0.9%
Interest coverage
-10.01▼
2024 · 3.51
Debt
€691k▲
2024 · €506k
Debt ≤ 1 year
€168k▲
2024 · €67k
Debt > 1 year
€508k▲
2024 · €426k
Income taxes
€0▼
2024 · €5k
Staff costs
€42k▼
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€612k€548k▼
Fixed assets21/28€466k€464k▼
Intangible fixed assets21€13k€9k▼
Tangible fixed assets22/27€452k€455k▲
Land and buildings22€437k€413k▼
Furniture and vehicles24€15k€42k▲
Financial fixed assets28€600€600=
Current assets29/58€146k€84k▼
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€50k€70k▲
Trade receivables40€40k€25k▼
Other amounts receivable41€10k€45k▲
Cash at bank and in hand54/58€87k€7k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€612k€548k▼
Equity10/15€106k€-143k▼
Contributions10/11€19k€19k=
Reserves13€87k€11k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€11k€11k=
Distributable reserves133€74k€0▼
Profit (loss) carried forward14€0€-173k▼
Amounts payable17/49€506k€691k▲
Amounts payable after more than one year17€426k€508k▲
Financial debts170/4€426k€508k▲
Amounts payable within one year42/48€67k€168k▲
Current portion of amounts payable after more than one year42€33k€57k▲
Trade debts44€27k€90k▲
Suppliers440/4€27k€90k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€3k€791▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€0€15k▲
Accrued charges and deferred income492/3€13k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€47k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€37k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€12k€10k▼
Non-recurring operating charges66A€61€46▼
Gross operating margin9900€118k€-140k▼
Operating profit (loss)9901€28k€-229k▼
Financial income75/76B€0€70▲
Recurring financial income75€0€70▲
Financial charges65/66B€18k€20k▲
Recurring financial charges65€17k€19k▲
Non-recurring financial charges66B€986€595▼
Profit (loss) for the period before taxes9903€11k€-249k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€5k€-249k▼
Profit (loss) for the period to be appropriated9905€5k€-249k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-249k▼
Transfer from equity791/2€25k€76k▲
Transfer to equity691/2€5k€0▼
To the legal reserve6920€5k€0▼
Profit to be distributed694/7€25k€0▼
Return on contributions (dividend)694€25k€0▼
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.90.8▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-249k ▼4761%
Net result drops to €-249k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €68k ▲33.3%
Operating result €93k, net result €68k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Equity above €100kEq €138k ▲50.2%
2 profitable years in a row build equity to €138k.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are 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, Tournai · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Carlos Gallaix(CH) 1917521 TournaiGround area
647 m²
Building footprint
268 m²
Volume, LiDAR
2,073 m³
Parcel 57021A0038/00D000, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ESPACE DU POSSIBLE
since 20112.206.618.257
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57021A0038/00D000 | Wallonia | 647 m² | 1 · 268 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 3,016 companies in sector 85592 we hold annual accounts for 987. 755 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2011
Fiscal year end31-12
Activities, NACEBEL
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.