Equity
€89,425 from €200,635 in 2009
Equity fell by 55% in 16 years.
Espace LB
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak of €71,616 in 2011
€16,537▲ 32.8%
lowest -€23,881 in 2019
-€234▲ €8,606
peak of €200,635 in 2009
€89,425▼ 1.3%
€210,095▼ 1.7%
peak of 1.4 FTE in 2011
-not published
Board4 names since 2020
-
Documentsfilings and deeds
11-09-202642 days late
2025micro format
Gross margin from €12,450 to €16,537Loss of €234Cash from €1,269 to €432
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,453 companies had the same profile as Espace LB has now. Each dot stands for 7 companies, two years later.
93.1%
were still trading
5.1%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 2,453 companies, not a prediction for Espace LB. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardDirector, until 2020
Director, last mentioned in 2020
Director, last mentioned in 2020
Director, until 2020
Recent changes
2 directors appointed, 2 resignations
Resignations: and · Appointments: and · Director discharge: · General meeting of 12-10-2020 · Gazette deed
First establishment
Zone art. de la Rivièrette 7 9, Saint-Ghislain
Incorporation
published on 06-01-1999 · Gazette deed
Official details
Source: KBO- Status
- Active since 24-12-1998Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.091.256.0587330 Saint-Ghislain, since 09-06-1999
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Espace LB
Espace LB files the micro format. That format states no turnover. The gross margin fell from €27,898 in 2006 to €16,537 in 2025.
The balance sheet grew most from 2008 to 2009 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 LB
- What is the company number of Espace LB?
- The company number of Espace LB is 0464.990.977. The VAT number is the same number with BE in front: BE 0464.990.977.
- Where is Espace LB based?
- The registered office is at Rue de Boussu 106, 7333 Saint-Ghislain.Company details
- What is the legal form of Espace LB?
- Espace LB is a private limited company (pre-2019) (BVBA).
- When was Espace LB founded?
- Espace LB was founded on 24-12-1998.
- Is Espace LB still active?
- Yes, Espace LB is an active enterprise in the KBO register.
- What is the turnover of Espace LB?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €16,537 and 7,098 comparable companies of the same size. It probably lies between €56,000 and €290,000. It is a rough estimate. In financial year 2022 turnover was €24,939.Financials
- Is Espace LB profitable?
- In financial year 2025, Espace LB made a loss of €234.
- Where can I find the annual accounts of Espace LB?
- Espace LB filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Espace LB due?
- Espace LB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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