ESPACE SUD

Active

Private limited company (pre-2019)founded 199926 years activeKerselarenlaan 80, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0467.393.807

Summary

The computed 12-month bankruptcy probability of ESPACE SUD is 7.7% (elevated). For ESPACE SUD, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€4,283) and a net result of €295. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 1,333 sector peers (NACE 41, fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ESPACE SUDActive

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€19,684turnover 2023

Equity: -€4,283
Profit: €295

Financial health

Bankruptcy probability, 12 months: 7.7%

2023 figures too old to score

Structure

Accounts 525 days overdue

Signals- Figures for FY 2023 (filed 04-04-2024)- 2 financial years not filed after the legal deadline- No filing in 24 months (latest 04-04-2024)- Two or more financial years not filed+ Founded in 1999Latest accounts filed on timeShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 17+1

equity -8.0% of total assets

Liquidity 1+1

short-term debt 105.2% · cash 0.4%

Profitability 59-10

return on assets 0.5%

Bankruptcy probability, 12 months

7.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,362 companies)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.3%▲ +0.1 percentage points vs 12-2024 02-2025: 1.2%▼ -0.1 percentage points vs 01-2025 03-2025: 1.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 1.3%▲ +0.2 percentage points vs 03-2025 05-2025: 1.8%▲ +0.5 percentage points vs 04-2025 06-2025: 2.2%▲ +0.4 percentage points vs 05-2025 07-2025: 2.8%▲ +0.6 percentage points vs 06-2025 08-2025: 3.0%▲ +0.2 percentage points vs 07-2025 09-2025: 3.6%▲ +0.6 percentage points vs 08-2025 10-2025: 5.4%▲ +1.8 percentage points vs 09-2025 11-2025: 5.4%● unchanged vs 10-2025 12-2025: 5.5%▲ +0.1 percentage points vs 11-2025 01-2026: 5.0%▼ -0.5 percentage points vs 12-2025 02-2026: 5.0%● unchanged vs 01-2026 03-2026: 5.0%● unchanged vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 7.9%▲ +2.9 percentage points vs 04-2026highest value 06-2026: 7.9%● unchanged vs 05-2026highest value 07-2026: 7.9%● unchanged vs 06-2026highest value 08-2026: 7.9%● unchanged vs 07-2026highest value 09-2026: 7.7%▼ -0.2 percentage points vs 08-2026 10-2026: 7.7%● unchanged vs 09-2026

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Signals

Six signals.

−lowers risk+raises risk○neutral

Figures for FY 2023 (filed 04-04-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline

NBB · filings

Founded in 1999

How long the company has existed counts in the probability; how much depends on the rest of its profile.

KBO

No filing in 24 months (latest 04-04-2024)

NBB · filings

Two or more financial years not filed

Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

30-09-2024 close30-04-2025 deadline07-10-2026 today

Latest accounts filed on time

The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 28-03-2024, 33 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

33 days early

2022

21 days early

2021

26 days late

2020

39 days early

2019

18 days late

← before the deadline after the deadline →

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

This company filed its last 5 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

Checked from 2021 on.

KBO publications · our coverage

28-03-2024 Annual accounts filedfiscal year 2023 · full…
30-09-2023 Weakest financial yearnet €295 ▼85.4%
09-04-2023 Annual accounts filedfiscal year 2022 · full…

Key points

Risk: Accounts not fileddeadline was 30-04-2025 525 days late View
Risk: Negative equityfiscal year 2023: debts exceed assets -€4,283 View
Caution: Among the weakest 8% on solvencysector median 32.1% · 1,333 companies -8.0% View