Result
-€71,609 -€71,609
From profit to loss in 2025, after a profit of €15,309 in 2024.
ESPACE KITCHEN
Lifetime
15 annual accounts with figures on one time axispeak €165,607 (2021)
-€47,959▼ €103,187
lowest -€71,609 (2025)
-€71,609▼ €86,918
peak €190,324 (2023)
€117,051▼ 38.0%
€162,528▼ 27.3%
peak 2.3 FTE (2020)
1 FTE▼ 37.5%
Board2 names since 2010
2 directorsLAURENT Daphné Aurélie and 1 other
Documentsfilings and deeds
16-02-202673 days before the deadline
2025financial year
Gross margin from €55,227 to -€47,959Loss of €71,609Staff from 1.6 FTE to 1 FTEEquity from €188,660 to €117,051Debts from €223,599 to €162,528Cash from €37,444 to €7,316
Key points
from the 2025 annual accountsChecked score
62
Healthy
Financially stronger than 22% of micro companies in furniture (NACE 31)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 829 companies (NACE 31, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.4%▼ -0.2 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.3%▼ -0.1 percentage points vs 04-2025lowest value
06-2025: 0.3%● unchanged vs 05-2025lowest value
07-2025: 0.3%● unchanged vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.4%▲ +0.1 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 1.4%▲ +1.0 percentage point vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 1.4%● unchanged vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.5%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €71,609 (financial year 2025)
Sector: Manufacture of furniture (NACE 31)
Liquidity: current ratio 1.62, cash €7,316, halved
lowers risk
Founded in 2010
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 31, micro). It does better than 52% of them on solvency, 17% on liquidity, 7% on profitability and 13% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 4,805 companies had the same profile as ESPACE KITCHEN has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ESPACE KITCHEN itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 4,805 companies, not a prediction for ESPACE KITCHEN. 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 of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.62 (1.73 in 2024), above the usual 1.5. Short-term debt is 58.1% and cash 2.6% of total assets. However, 58.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-02-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 days early
2024
72 days early
2023
57 days early
2022
47 days early
2021
75 days early
2020
63 days early
2019
72 days early
← 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 66 days before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 17 February (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
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0822797649
Appointments: OZKAN Erdogan (director) and LAURENT Daphné Aurélie (director)
“Le commerce de gros ou de détail de meubles,le placement de cuisines équipées,de salles de bains et de…” (deed in French) · Legal-form conversion: to private limited company · General meeting of 18-12-2023 · Gazette deed
Incorporation
published on 12-02-2010 · Gazette deed
First establishment
Georges Henrilaan 287, Woluwe-Saint-Lambert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ESPACE KITCHEN Woluwe-Saint-Lambert | €279,579 | -€47,959 | 41.9% | 1 |
| B INTERIOR Messancy | €307,439 | -€54,516 | -39.4% | 1 |
| CUBEX Forest | €237,934 | -€158,492 | 28.9% | - |
| MARNILUX Geraardsbergen | €325,713 | -€31,587 | 60.8% | - |
| WILGO-KEUKENS Lievegem | €331,427 | -€19,962 | 49.4% | - |
| KITCHI Ghent | €114,383 | -€1,695 | 79.4% | - |
| SCHRIJNWERKERIJ PETER DRUYTS Ravels | €113,645 | -€18,148 | -52.5% | - |
These companies have the same main activity as ESPACE KITCHEN: manufacture of furniture (NACE 31002). They are comparable in size and age: total assets between €114,000 and €331,000, founded between 1994 and 2013.
Official details
Source: KBO- Status
- Active since 02-02-2010Normal situation
- Activity
- Manufacture of furnitureNACE 31002and 2 others
- Joint committees
- 124Construction
- 201Independent retail · annual accounts 30-09-2025
- Establishment unit
- 2.185.288.8481200 Woluwe-Saint-Lambert, since 25-01-2010
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-09-2025
- €279,579▼ 32.2%
- Employeeson 30-09-2025
- 1▼ 50.0%
- Filing
- Filed on 16-02-2026, 73 days before the end of the filing period
Insights on ESPACE KITCHEN
ESPACE KITCHEN has existed since 2010. In 2013 the gross margin rose from €44,718 to €155,959, while staff fell from 1 to 0.6 full-time equivalents.
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 KITCHEN
- What is the company number of ESPACE KITCHEN?
- The company number of ESPACE KITCHEN is 0822.797.649. The VAT number is the same number with BE in front: BE 0822.797.649.
- Where is ESPACE KITCHEN based?
- The registered office is at Georges Henrilaan 287, 1200 Woluwe-Saint-Lambert.Company details
- What does ESPACE KITCHEN do?
- According to the KBO register, the main activity is manufacture of furniture (NACE 31002).
- What is the legal form of ESPACE KITCHEN?
- ESPACE KITCHEN is a private limited company (BV).
- When was ESPACE KITCHEN founded?
- ESPACE KITCHEN was founded on 02-02-2010.
- Is ESPACE KITCHEN still active?
- Yes, ESPACE KITCHEN is an active enterprise in the KBO register.
- How many employees does ESPACE KITCHEN have?
- ESPACE KITCHEN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ESPACE KITCHEN fall under?
- In its 30-09-2025 annual accounts, ESPACE KITCHEN states joint committees 124 (Construction) and 201 (Independent retail).
- What is the turnover of ESPACE KITCHEN?
- The annual accounts for financial year 2025 state no turnover.
- Is ESPACE KITCHEN profitable?
- In financial year 2025, ESPACE KITCHEN made a loss of €71,609.
- Where can I find the annual accounts of ESPACE KITCHEN?
- ESPACE KITCHEN filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESPACE KITCHEN due?
- ESPACE KITCHEN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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