Equity
-€34,162
Debts exceed assets in financial year 2025.
Espace24
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €34,604 (2010)
-€1,426▼ €707
lowest -€17,921 (2012)
-€4,621▼ €1,123
peak €17,081 (2010)
-€34,162▼ €4,621
€112,558unchanged
Board1 name since 2023
1 director
Documentsfilings and deeds
27-06-202634 days before the deadline
2025micro format
Turnover from €1,300 to €900Gross margin from -€719 to -€1,426Loss of €4,621Equity from -€29,541 to -€34,162
Key points
from the 2025 annual accountsLosses
-€16,181 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€112,558 144% of the balance sheet
Payment terms
8 days to suppliers
Espace24 pays its suppliers 1 day later than in 2024. Customers pay 49 days later.
Filings
37 annual accounts since 1989
Three of the last ten came late. The 2019 accounts came latest: 43 days after the end of the period.
Position in the sector
-€34,162
Less equity than 94% of companies in other professional activities. Sector median €40,855 · 4,564 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,792 companies had the same profile as Espace24 has now. Each dot stands for 7 companies, two years later.
90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 2,792 companies, not a prediction for Espace24. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435322835
Company renamed from Photographe to Espace24
Registered office moved to Woluwe-Saint-Pierre · New registered office: Rue Louis Titeca 24, 1150 Woluwe-Saint-Pierre · Change of role: , from manager to director · General meeting of 11-04-2023 · Gazette deed
First establishment
J.L.W., Louis Titecastraat 22-24, Woluwe-Saint-Pierre
Incorporation
published on 13-10-1988 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Espace24 Woluwe-Saint-Pierre | €78,396 | -€1,426 | -43.6% | - |
| TILT PHOTOGRAPHIE Liège | €73,536 | -€6,279 | 48.0% | - |
| CC STUDIO Lincent | €85,244 | -€33,427 | 97.6% | - |
| COPY SAINT PIERRE Charleroi | €80,065 | -€3,183 | 86.6% | - |
| Studio Evert Thiry Antwerp | €61,263 | -€17,196 | 92.0% | - |
| Camelot Properties Holding Antwerp | €104,682 | -€16,843 | -65.6% | - |
| PAUL DELAET FOTOGRAFISCH ATELIER Tongeren-Borgloon | €56,084 | -€1,707 | 68.2% | - |
These companies have the same main activity as Espace24: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €56,100 and €105,000, founded between 1986 and 1994.
Official details
Source: KBO- Status
- Active since 21-09-1988Normal situation
- Activity
- Photography, excluding press photographyNACE 74201
- Establishment unit
- 2.041.103.0011150 Woluwe-Saint-Pierre, since 05-12-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Annual accounts 2025
- €78,396▼ 5.6%
- Filing
- Filed on 27-06-2026, 34 days before the end of the filing period
Insights on Espace24
Espace24 files the micro format. That format states no turnover. The gross margin fell from €11,172 in 2006 to -€1,426 in 2025.
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 Espace24
- What is the company number of Espace24?
- The company number of Espace24 is 0435.322.835. The VAT number is the same number with BE in front: BE 0435.322.835.
- Where is Espace24 based?
- The registered office is at Louis Titecastraat 24, 1150 Woluwe-Saint-Pierre.Company details
- What does Espace24 do?
- According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
- What is the legal form of Espace24?
- Espace24 is a private limited company (BV).
- When was Espace24 founded?
- Espace24 was founded on 21-09-1988.
- Is Espace24 still active?
- Yes, Espace24 is an active enterprise in the KBO register.
- What is the turnover of Espace24?
- The turnover of Espace24 was €900 in financial year 2025, according to the filed annual accounts.Financials
- Is Espace24 profitable?
- In financial year 2025, Espace24 made a loss of €4,621.
- Where can I find the annual accounts of Espace24?
- Espace24 filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Espace24 due?
- Espace24 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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