ESPACE TECHNIC
ActiveSummary
The computed 12-month bankruptcy probability of ESPACE TECHNIC is 2.1% (moderate). The 2025 annual accounts show negative equity (-€31,223) and a net result of €77,274. Equity has been shrinking by about 22% per year since 2018. Its solvency ranks better than 6% of 2,797 sector peers (NACE 41, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-10-1989 Normal situation
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.045.793.445 1332 Rixensart, since 29-11-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €82,530
- ▼ 8.5%
- Turnover
- ≈ €330,000
- estimated
- Profit
- €77,274
- Equity
- -€31,223
- ▲ 71.2%
- Total assets
- €120,405
- ▲ 108%
- Negative equity on 31-12-2025
- 2025 accounts filed 29 days after the deadline
Score breakdownraises riskNegative equity -€31,223Sector: Construction of residential and non-residential buildings (NACE 41)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.76, cash €80,992Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 3% of them on solvency, 51% on liquidity, 91% on profitability and 84% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452537.
Annual accounts 2025 filed on 29-08-2026 at the NBB all 34 filings
Every figure per financial year
The operating result for 2025 is 8% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €574 | €11,062 | - | - |
| Depreciation and write-downs of the year | €5,907 | €7,075 | €3,149 | €3,250 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,982 | €48,957 | €5,907 | €7,075 | €3,149 | €3,250 | ▲ 3.2% |
| Other operating charges640/8 | - | - | €1,272 | €1,022 | €1,323 | €728 | ▼ 45.0% |
| Gross operating margin9900 | €34,244 | €50,429 | €14,575 | -€11,955 | €90,246 | €82,530 | ▼ 8.5% |
| Operating profit (loss)9901 | €22,035 | -€1,172 | €7,395 | -€20,051 | €85,775 | €78,553 | ▼ 8.4% |
| Financial income75/76B | - | - | €1 | - | €35,947 | - | - |
| Recurring financial income75 | €2,328 | €2,420 | €1 | - | €35,947 | - | - |
| Non-recurring financial income76B | - | - | - | - | €35,947 | - | - |
| Financial charges65/66B | - | - | €3,172 | €2,118 | €304,000 | €846 | ▼ 99.7% |
| Recurring financial charges65 | €9,417 | €1,192 | €2,556 | €2,118 | €9,753 | €846 | ▼ 91.3% |
| Non-recurring financial charges66B | - | - | €615 | - | €294,247 | - | - |
| Profit (loss) for the period before taxes9903 | €14,946 | €55 | €4,225 | -€22,169 | -€182,279 | €77,707 | - |
| Income taxes67/77 | €681 | €2,778 | €250 | €354 | €302 | €433 | ▲ 43.5% |
| Profit (loss) for the period9904 | €14,264 | -€2,723 | €3,975 | -€22,523 | -€182,581 | €77,274 | - |
| Profit (loss) for the period to be appropriated9905 | €14,264 | -€2,723 | €3,975 | -€22,523 | -€182,581 | €77,274 | - |
| Line | 2018 | 2019 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €210,704 | €339,264 | €269,945 | €309,574 | €57,795 | €120,405 | ▲ 108% |
| Fixed assets21/28 | €14,016 | €164,143 | €158,506 | €162,493 | €7,846 | €4,596 | ▼ 41.4% |
| Tangible fixed assets22/27 | €14,016 | €164,143 | €158,506 | €162,493 | €7,846 | €4,596 | ▼ 41.4% |
| Land and buildings22 | - | - | €157,201 | €151,407 | - | - | - |
| Furniture and vehicles24 | - | - | €1,305 | €11,087 | €7,846 | €4,596 | ▼ 41.4% |
| Current assets29/58 | €196,688 | €175,121 | €111,438 | €147,081 | €49,950 | €115,809 | ▲ 132% |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - | - |
| Stocks30/36 | - | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €75,534 | €18,291 | €28,549 | €12,060 | €6,183 | €30,824 | ▲ 399% |
| Trade receivables40 | - | - | €26,979 | €9,505 | €6,183 | €30,824 | ▲ 399% |
| Other amounts receivable41 | - | - | €1,569 | €2,555 | - | - | - |
| Current investments50/53 | €93,141 | €93,141 | €1,933 | €1,933 | - | - | - |
| Cash at bank and in hand54/58 | €26,927 | €61,757 | €76,040 | €128,802 | €41,116 | €80,992 | ▲ 97.0% |
| Deferred charges and accrued income490/1 | - | - | €4,917 | €4,286 | €2,650 | €3,993 | ▲ 50.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €210,704 | €339,264 | €269,945 | €309,574 | €57,795 | €120,405 | ▲ 108% |
| Equity10/15 | €153,350 | €150,627 | €130,228 | €107,705 | -€108,497 | -€31,223 | ▲ 71.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Non-distributable reserves130/1 | - | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | €128,553 | €125,830 | €105,431 | €82,908 | -€133,294 | -€56,021 | ▲ 58.0% |
| Amounts payable17/49 | €57,354 | €188,636 | €139,716 | €201,869 | €166,292 | €151,628 | ▼ 8.8% |
| Amounts payable after more than one year17 | - | €103,476 | €56,274 | €133,448 | - | - | - |
| Financial debts170/4 | - | - | €56,274 | €133,448 | - | - | - |
| Amounts payable within one year42/48 | €52,101 | €80,453 | €83,443 | €68,421 | €166,292 | €151,628 | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | - | €22,486 | €22,826 | - | - | - |
| Trade debts44 | €46,001 | €55,991 | €50,645 | €34,151 | €5,074 | €3,851 | ▼ 24.1% |
| Suppliers440/4 | - | - | €50,645 | €34,151 | €5,074 | €3,851 | ▼ 24.1% |
| Taxes, remuneration and social security45 | - | - | €10,312 | €11,444 | €37,045 | €29,444 | ▼ 20.5% |
| Taxes450/3 | - | - | €10,312 | €11,444 | €29,365 | €29,444 | ▲ 0.3% |
| Remuneration and social security454/9 | - | - | - | - | €7,680 | - | - |
| Other amounts payable47/48 | - | - | - | - | €124,173 | €118,333 | ▼ 4.7% |
| Line | 2018 | 2019 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,264 | -€2,723 | €3,975 | -€22,523 | -€182,581 | €77,274 | - |
| + Depreciation and write-downs630 | €10,982 | €48,957 | €5,907 | €7,075 | €3,149 | €3,250 | ▲ 3.2% |
| Operating cash flow (approximation) | €25,246 | €46,235 | €9,882 | -€15,448 | -€179,432 | €80,523 | - |
| Investment in fixed assets (approximation) | - | -€199,084 | - | -€11,062 | - | €0 | - |
| Change in cash | - | €34,830 | - | €52,762 | - | €39,875 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,794 companies had the same profile as ESPACE TECHNIC has now. Two years later, 91.5% were still going and 2.7% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ESPACE TECHNIC itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,794 companies, not a prediction for ESPACE TECHNIC. 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.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-08-2026 | 2026-00452537 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00519528 | |
| 31-12-2022 | micro format | 27-09-2023 | 2023-00455671 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20346320 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-46100411 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56500271 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-50100385 | |
| 31-12-2016 | micro format | 21-08-2017 | 2017-45500390 | |
| 31-12-2015 | full format | 16-08-2016 | 2016-43000557 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-51700006 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-02-2024 Converted to unavailable equity · €24,797
- 13-02-2024 Converted to available equity
- 13-02-2024 Capital reduction of €19,797 · to €5,000 · repaid to the shareholders
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bruno VANSOYE |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Pouvoirs de l'organe d'administration, Il peut déléguer des pouvoirs spéciaux à tout mandataire”“Gestion journalière, L'organe d'administration peut déléguer la gestion journalière, ainsi que la représentation de la société en ce qui…”
Articles of association, deed of 13-02-2024 (in French)
Network & group
ESPACE TECHNIC shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ESPACE TECHNIC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-12
Gazette deed
Registered office moved from Genval to La HulpeNew seat: Rue Van Malderen, 41 à 1310 La Hulpe · Previous seat: Avenue de la Faisanderie, 19-1332 Genval2 points ▸
- General meeting, 01-07-2024
- Registered-office move, Rue Van Malderen,41 à 1310 La Hulpe
13-02
Gazette deed
Capital decrease of €19,797 to €5,000Resignation: Bruno VANSOYE (manager) · Reappointment: Bruno VANSOYE (director) · Amendment of the articles14 points ▸
- General meeting, 05-02-2024
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres dénommé « apport disponible hors capital »” (deed in French)
- Capital decrease, €19,797
- Declaration, “dispense de lecture et d'annexion du rapport test d'actif net” (deed in French)
- Declaration, “dispense de lecture et d'annexion du rapport test de liquidités” (deed in French)
- Declaration, “possession du rapport de modification de l'objet, rapport sera déposé au greffe du Tribunal de l’Entreprise avec une expédition du présent procès-verbal” (deed in French)
- Purpose change
- Capital
- Director resignation, Bruno VANSOYE (manager)
- Director reappointment, Bruno VANSOYE (director)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Avenue de la Faisanderie,19, 1332 Genval until 01-07-2024 · act of 09-12-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
58 activities
- Entreprise générale de construction avec coordination des travaux par sous-traitants
- Terrassements
- Maçonnerie et béton
- Démolition
- Pose d’égouts
- Couvertures non métalliques de construction
- Zinguerie et couverture métallique de construction
- Étanchéité de bâtiments
- Installateur électricien
- Menuiserie et charpente
- Pose de parquets
- Menuiserie en PVC
- Placement de serrurerie et de quincaillerie du bâtiment
- Placement de plinthes et portes en matière plastiques
- Placement de volets en bois, en matières plastiques et métalliques
- Pose de cloisons et faux plafonds en bois et en gyproc et éléments de plâtre
- Recouvrement de murs et plafonds par application d’éléments métalliques
- Placement de ferronnerie
- Pose de marbrerie et de pierre de taille
- Vitrage
- Sanitaire et plomberie
- Installation d’adoucisseurs d’eau
- Installateur de chauffage central
- Chauffage au gaz par appareil individuel
- Placement et l'entretien et la réparation de tous brûleurs
- Installation de ventilation et d’aération de chauffage à air chaud
- De conditionnement d’air et de calorifugeage des tuyauteries et canalisation
- Tubages de cheminées
- Carrelage
- Plafonnage
- Rejointoyage
- Pose de chapes
- Peintures
- Restauration et de nettoyage et de lavage de bâtiments, façades et monuments
- Isolation thermique et acoustique
- Placards et cuisines équipées
- Frigoriste
- Enseignes lumineuses
- Aménagement et entretien de terrains divers
- Placement de clôtures et palissades
- Toutes activités généralement quelconques à caractère immobilier telles que vente, achat, transformation de biens immobiliers pour le compte de la société ou d’un tiers
- La société peut, feint en Belgique qu’à l’étranger, faire toutes opérations mobilières ou immobilières ayant un rapport direct ou indirect avec son objet et s’intéresser, par voie de souscription, apport, prise de participation ou de toute autre manière, dans toute société ou entreprise ayant une activité analogue à la sienne et en général, effectuer toutes opérations de nature à favoriser la réalisation de son objet social
- Meubles de bureaux
- De jardins
- En tableaux et gravures
- En articles de lustreries et d'éclairage
- En articles de fantaisie
- En papier peint
- En linge de table et de maison
- En articles et tissus d’ameublement
- En verreries et céramiques
- En mobiliers et articles de décoration
- En ferronnerie d’ornement
- En articles sanitaires
- En articles cadeaux
- La gestion de chantier
- La gestion de biens immobiliers
- La maitrise d’ouvrage délégué
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0438.676.560
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25033A0077/00S000 | Wallonia | 1,357 m² | 1 · 172 m² | 9.3 m · 2 |
| 25050B0343/00K000 | Wallonia | 340 m² | 1 · 49 m² | 9.5 m · 2 |