ESPACE NEUF
ActiveESPACE NEUF has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €177k and a net result of €20k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 2095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+10
Solvency36▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.11 in 2023; short-term debt: 87% and cash: 1.7% of total assets), and 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2095 sector peers (2024).
NBB · sector comparisonPosition among 2095 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2026, 288 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
288 d late
2023
86 d late
2022
31 d late
2021
29 d late
2020
53 d late
2019
181 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€177k▲ 12.9%
2023 · €157k
2018: €118k
2019: €155k
2020: €153k
2021: €155k
2022: €131k
2023: €157k
2018 → 2024
Total assets
€1.56M▲ 124%
2023 · €697k
2018: €532k
2019: €463k
2020: €440k
2021: €595k
2022: €868k
2023: €697k
2018 → 2024
Net result
€20k▼ 67.4%
2023 · €62k
2018: €15k
2019: €52k
2020: €15k
2021: €20k
2022: €26k
2023: €62k
2018 → 2024
Working capital
€71k▲ 22.6%
2023 · €58k
2018: €382k
2019: €178k
2020: €138k
2021: €74k
2022: €38k
2023: €58k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€153k-€155k▲ 1.2%€131k▼ 15.3%€157k▲ 20.0%€177k▲ 12.9%
Operating result€64k-€17k▼ 73.1%€78k▲ 351%€128k▲ 64.4%€46k▼ 63.9%
Net result€15k-€20k▲ 28.4%€26k▲ 33.0%€62k▲ 136%€20k▼ 67.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.56M
Fixed assets
€131k▲ 12.2%
Current assets
€1.43M▲ 146%
Equity and liabilities €1.56M
Equity
€177k▲ 12.9%
Debt
€1.38M▲ 156%
The debt ratio rises from 77.4% to 88.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▼
2023 · €154k
Cash flow
€58k▼
2023 · €88k
Solvency
11.4%▼
2023 · 22.6%
Current ratio
1.05▼
2023 · 1.11
Quick ratio
1.05▲
2023 · 1.03
Debt / equity
7.78▲
2023 · 3.43
ROE
11.4%▼
2023 · 39.6%
ROA
1.3%▼
2023 · 8.9%
Interest coverage
8.79▲
2023 · 3.64
Debt
€1.38M▲
2023 · €539k
Debt ≤ 1 year
€1.36M▲
2023 · €521k
Debt > 1 year
€25k▲
2023 · €18k
Income taxes
€16k▼
2023 · €24k
Staff costs
€142k▲
2023 · €137k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€697k€1.56M▲
Fixed assets21/28€117k€131k▲
Tangible fixed assets22/27€111k€125k▲
Plant, machinery and equipment23€7k€7k▼
Furniture and vehicles24€61k€94k▲
Other tangible fixed assets26€43k€25k▼
Financial fixed assets28€6k€6k=
Current assets29/58€580k€1.43M▲
Amounts receivable after more than one year29€150k€150k=
Other amounts receivable291€150k€150k=
Stocks and contracts in progress3€44k-
Contracts in progress37€44k-
Amounts receivable within one year40/41€294k€1.20M▲
Trade receivables40€210k€1.20M▲
Other amounts receivable41€84k€346▼
Cash at bank and in hand54/58€92k€27k▼
Deferred charges and accrued income490/1-€46k
Equity and liabilities
Total equity and liabilities10/49€697k€1.56M▲
Equity10/15€157k€177k▲
Contributions10/11€20k€20k=
Reserves13€86k€86k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€19k€19k=
Distributable reserves133€65k€67k▲
Profit (loss) carried forward14€51k€72k▲
Amounts payable17/49€539k€1.38M▲
Amounts payable after more than one year17€18k€25k▲
Financial debts170/4€18k€25k▲
Amounts payable within one year42/48€521k€1.36M▲
Current portion of amounts payable after more than one year42€17k€25k▲
Trade debts44€426k€1.23M▲
Suppliers440/4€426k€1.23M▲
Taxes, remuneration and social security45€78k€102k▲
Taxes450/3€63k€72k▲
Remuneration and social security454/9€15k€30k▲
Income statement
Code20232024
Remuneration, social security and pensions62€137k€142k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€38k▲
Other operating charges640/8€51k€26k▼
Gross operating margin9900€342k€252k▼
Operating profit (loss)9901€128k€46k▼
Financial charges65/66B€42k€10k▼
Recurring financial charges65€42k€10k▼
Profit (loss) for the period before taxes9903€86k€37k▼
Income taxes67/77€24k€16k▼
Profit (loss) for the period9904€62k€20k▼
Profit (loss) for the period to be appropriated9905€62k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€72k▼
Profit (loss) brought forward from the previous period14P€25k€51k▲
Profit to be distributed694/7€36k-
Directors or managers695€36k-
Social balance
Average headcount (FTE)90872.0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 288 days late
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 86 days late
2023
31-12
Financial
Highest result since 2018net €62k ▲136%
Operating result €128k, net result €62k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲20%
6 profitable years in a row build equity to €157k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 181 days late
2019
31-12
Financial
Equity above €150kEq €155k ▲31.3%
2 profitable years in a row build equity to €155k.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Knokke-Heist · 1 establishment unit since 1984
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.
Zoutelaan 248300 Knokke-HeistGround area
269 m²
Building footprint
200 m²
Volume, LiDAR
1,552 m³
Parcel 31334B0900/00E000, Flanders · tallest building 17.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Zoutelaan 24, 8300 Knokke-Heist
since 19842.025.737.805
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0900/00E000 | Flanders | 269 m² | 1 · 200 m² | 16.9 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 29,810 companies in sector 41001 we hold annual accounts for 16,041. 12,334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-11-1984
Fiscal year end31-12
Abbreviation NL
Espace 9
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.