Equity
-€18,100
Debts exceed assets in financial year 2025.
ESPACE FEU
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1998peak €70,243 (2021)
€10,206▼ 66.6%
lowest -€34,754 (2011)
-€23,448▼ €16,879
peak €34,116 (2010)
-€18,100▼ €23,448
€151,859▼ 16.1%
peak 0 FTE (2012)
-not published
Board1 name since 2021
1 directorMOUTON Sébastien
Documentsfilings and deeds
09-10-202670 days late
2025micro format
Gross margin from €30,562 to €10,206Loss of €23,448Equity from €5,348 to -€18,100Debts from €180,917 to €151,859Cash from €1,796 to €3,747
Key points
from the 2025 annual accountsLosses
-€30,016 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €100,000 estimated
The micro format states no turnover.
Debts
€151,859 114% of the balance sheet
Financial debts 0%Suppliers 25%Taxes and wages 10%Other 65%
Of this, €62,723 falls due within a year.
Filings
27 annual accounts 70 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€18,100
Less equity than 95% of companies in specialised construction. Sector median €57,716 · 35,168 companies.
Checked score
46
Fair
Financially stronger than 8% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.1%
01-2025: 6.1%▲ +3.0 percentage points vs 12-2024
02-2025: 6.1%● unchanged vs 01-2025
03-2025: 6.4%▲ +0.3 percentage points vs 02-2025highest value
04-2025: 6.0%▼ -0.4 percentage points vs 03-2025
05-2025: 6.0%● unchanged vs 04-2025
06-2025: 6.0%● unchanged vs 05-2025
07-2025: 6.0%● unchanged vs 06-2025
08-2025: 3.8%▼ -2.2 percentage points vs 07-2025
09-2025: 4.3%▲ +0.5 percentage points vs 08-2025
10-2025: 1.9%▼ -2.4 percentage points vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.9%▲ +0.1 percentage points vs 03-2026
05-2026: 1.7%▼ -0.2 percentage points vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026lowest value
07-2026: 1.8%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +0.8 percentage points vs 07-2026
09-2026: 2.9%▲ +0.3 percentage points vs 08-2026
10-2026: 4.0%▲ +1.1 percentage points vs 09-2026
11-2026: 4.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €23,448, the second in a row (financial year 2025)
Last filed accounts filed 70 days late; 3 of the last 3 accounts late
Negative equity -€18,100
lowers risk
Size: total assets €133,759
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 6% of them on solvency, 19% on liquidity, 4% on profitability and 1% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as ESPACE FEU has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ESPACE FEU itself: 4.0% within 12 months.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,619 companies, not a prediction for ESPACE FEU. 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
No credit on open account
Liquidity is ample, with a current ratio of 1.79 (1.7 in 2024), above the usual 1.5. Short-term debt is 46.9% and cash 2.8% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 -€18,100
raises risk · 2025 accounts filed 70 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-10-2026, 70 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
70 days late
2024
31 days late
2023
338 days late
2022
127 days late
2021
31 days late
2020
31 days late
2019
53 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 97 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 9 October (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461067328
Registered office moved from Aiseau-Presles to Sart-Eustache
New registered office: Chaussée de Charleroi 513, 5070 Sart-Eustache · Previous registered office: Rue de Fosses 97, 6250 Aiseau-Presles · Change of role: MOUTON Sébastien, from manager to director · General meeting of 26-12-2023 · Gazette deed
First establishment
Rue de Fosses 97, Aiseau-Presles
Incorporation
published on 17-07-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ESPACE FEU Fosses-la-Ville | €133,759 | €10,206 | -13.5% | - |
| 'T COLMENHOF Hasselt | €142,142 | €9,952 | -117.1% | - |
| GOELEN Rumst | €124,045 | €9,050 | 96.1% | - |
| STERCKX Kontich | €123,217 | €8,501 | 68.7% | - |
| IMMORAUSA Modave | €158,110 | €10,855 | 92.9% | - |
| WIMO CONSTRUCT Schoten | €92,900 | €9,658 | 77.1% | - |
| S.G.A. ENTREPRISE Jodoigne | €147,645 | €6,709 | 85.1% | - |
These companies have the same main activity as ESPACE FEU: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €92,900 and €158,000, founded between 1991 and 2000.
Official details
Source: KBO- Status
- Active since 07-07-1997Normal situation
- Activity
- Other building finishing workNACE 43350
- Establishment unit
- 2.082.519.6256250 Aiseau-Presles, since 08-07-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Insights on ESPACE FEU
ESPACE FEU files the micro format. That format states no turnover. The gross margin fell from €35,778 in 2006 to €10,206 in 2025.
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 FEU
- What is the company number of ESPACE FEU?
- The company number of ESPACE FEU is 0461.067.328. The VAT number is the same number with BE in front: BE 0461.067.328.
- Where is ESPACE FEU based?
- The registered office is at Chaussée de Charleroi,Sart-E. 513, 5070 Fosses-la-Ville.Company details
- What does ESPACE FEU do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of ESPACE FEU?
- ESPACE FEU is a private limited company (BV).
- When was ESPACE FEU founded?
- ESPACE FEU was founded on 07-07-1997.
- Is ESPACE FEU still active?
- Yes, ESPACE FEU is an active enterprise in the KBO register.
- What is the turnover of ESPACE FEU?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €10,206 and 37 comparable companies (NACE 43350). It probably lies between €59,000 and €220,000. It is a rough estimate.Financials
- Is ESPACE FEU profitable?
- In financial year 2025, ESPACE FEU made a loss of €23,448.
- Where can I find the annual accounts of ESPACE FEU?
- ESPACE FEU filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESPACE FEU due?
- ESPACE FEU 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 trust this company with building work.Contractor check 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
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