ESPACE PUBLIC

Active

Public limited companyfounded 20223 yrs activeBraemtstraat 64, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0793.859.579

Summary

ESPACE PUBLIC has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,057 and a net result of -€3,690. Its solvency ranks better than 17% of 257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch Report Compare

ESPACE PUBLICActiveChecked score 78/100

Risk analysis Report Compare

What they do

Arts creation and performing arts activities

NACE 90311NACE 90041

How big

€141,144total assets 2025

Equity: €8,057
Loss: -€3,690

Financially healthy?

78 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.5%

Who decides

Largest shareholder: CULTURUM · 50%

Accounts 26 d early0 of 1 deed read

Why 78- No establishment unit in the KBO- Founded in 2022+ Sector Arts creation and performing arts activities (NACE 90)+ Size: total assets €141,144Show the evidence

Checked score

Score 2025

78 / 100

Excellent

Probability in this band: under 0.55%

Better than 17% of its sector peers (NACE 90, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 31-2

equity 5.7% of total assets

Liquidity 8-6

short-term debt 93.4% · cash 6.2%

Profitability 31+31

return on assets -2.6%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,386 companies)

Sector Arts creation and performing arts activities (NACE 90) lowers the probability
No establishment unit in the KBO raises the probability
Size: total assets €141,144 lowers the probability for this profile
Founded in 2022 raises the probability for this profile

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.31 against 0.32 in 2024; short-term debt: 93.4% and cash: 6.2% of total assets), and 94.3% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 20%, liquidity 6%, profitability 26%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Arts creation and performing arts activities (NACE 90)

In the bankruptcy model this factor lowers the probability.

KBO

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Size: total assets €141,144

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 2022

In the bankruptcy model this factor raises the probability for this profile.

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

2425

2024 to 2025 · latest year -€3,690

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 257 sector peers (2025).

NBB · sector comparison

Position among 257 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

26 d early

2024

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close02-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

05-01-26 Annual accounts filedfiscal year 2025 · full…
31-01-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Caution: Among the weakest 13% on equitysector median €325,925 · 257 companies €8,057 View
Total assets 20252 fiscal years filed €141,144 View
Active since 2022founded 22-11-2022 3 years View