EUSPACE
ActiveSummary
EUSPACE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €582,928 and a net result of €67,224. Equity is growing by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €582,928
- Profit
- €67,224
- Largest shareholder
- Atelier FUSE · 25%
- Holdings
- 1
- Lennart LuchtensDirector
Why 93raises risk1 change of registered office in 24 monthslowers riskSize: total assets €868,629Figures for financial year 2025 (filed 24-07-2026)Liquidity: current ratio 2.47, cash €176,105Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 56% on solvency, 70% on liquidity, 39% on profitability and 71% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 5 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years
The operating result stays negative: a loss of €4,508 in 2025 against €4,420 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €348 | €409 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | -€4,550 | -€1,338 | -€2,095 | -€3,452 | -€3,509 | ▼ 1.7% |
| Operating profit (loss)9901 | -€4,898 | -€1,685 | -€2,503 | -€4,420 | -€4,508 | ▼ 2.0% |
| Financial income75/76B | €74,865 | €74,865 | €74,865 | €74,865 | €74,865 | = |
| Recurring financial income75 | €74,865 | €74,865 | €74,865 | €74,865 | €74,865 | = |
| Financial charges65/66B | €4,716 | €4,913 | €4,305 | €3,696 | €3,133 | ▼ 15.2% |
| Recurring financial charges65 | €4,716 | €4,913 | €4,305 | €3,696 | €3,133 | ▼ 15.2% |
| Profit (loss) for the period before taxes9903 | €65,251 | €68,267 | €68,057 | €66,749 | €67,224 | ▲ 0.7% |
| Profit (loss) for the period9904 | €65,251 | €68,267 | €68,057 | €66,749 | €67,224 | ▲ 0.7% |
| Profit (loss) for the period to be appropriated9905 | €65,251 | €68,267 | €68,057 | €66,749 | €67,224 | ▲ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €802,084 | €870,890 | €871,051 | €869,926 | €868,629 | ▼ 0.1% |
| Fixed assets21/28 | €692,524 | €692,524 | €692,524 | €692,524 | €692,524 | = |
| Financial fixed assets28 | €692,524 | €692,524 | €692,524 | €692,524 | €692,524 | = |
| Current assets29/58 | €109,560 | €178,366 | €178,527 | €177,402 | €176,105 | ▼ 0.7% |
| Current investments50/53 | - | - | - | €42,310 | - | - |
| Cash at bank and in hand54/58 | €109,560 | €178,366 | €178,527 | €135,092 | €176,105 | ▲ 30.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €802,084 | €870,890 | €871,051 | €869,926 | €868,629 | ▼ 0.1% |
| Equity10/15 | €312,631 | €380,898 | €448,954 | €515,703 | €582,928 | ▲ 13.0% |
| Contributions10/11 | €247,380 | €247,380 | €247,380 | €247,380 | €247,380 | = |
| Capital10 | €247,380 | €247,380 | €247,380 | €247,380 | €247,380 | = |
| Issued capital100 | €247,380 | €247,380 | €247,380 | €247,380 | €247,380 | = |
| Reserves13 | €65,251 | €133,518 | €201,574 | €268,323 | €335,548 | ▲ 25.1% |
| Non-distributable reserves130/1 | €6,525 | €9,938 | €13,341 | €58,989 | €20,040 | ▼ 66.0% |
| Legal reserve130 | €6,525 | €9,938 | €13,341 | €16,679 | €20,040 | ▲ 20.2% |
| Own shares acquired1312 | - | - | - | €42,310 | - | - |
| Distributable reserves133 | €58,726 | €123,579 | €188,233 | €209,335 | €315,508 | ▲ 50.7% |
| Amounts payable17/49 | €489,453 | €489,992 | €422,097 | €354,222 | €285,701 | ▼ 19.3% |
| Amounts payable after more than one year17 | €484,767 | €417,564 | €349,690 | €281,137 | €211,898 | ▼ 24.6% |
| Financial debts170/4 | €484,767 | €417,564 | €349,690 | €281,137 | €211,898 | ▼ 24.6% |
| Amounts payable within one year42/48 | - | €67,984 | €68,579 | €69,880 | €71,226 | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | - | €67,202 | €67,874 | €68,553 | €69,239 | ▲ 1.0% |
| Trade debts44 | - | €782 | €705 | €1,327 | €1,987 | ▲ 49.7% |
| Suppliers440/4 | - | €782 | €705 | €1,327 | €1,987 | ▲ 49.7% |
| Accrued charges and deferred income492/3 | €4,686 | €4,444 | €3,828 | €3,205 | €2,577 | ▼ 19.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,251 | €68,267 | €68,057 | €66,749 | €67,224 | ▲ 0.7% |
| Operating cash flow (approximation) | €65,251 | €68,267 | €68,057 | €66,749 | €67,224 | ▲ 0.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €68,806 | €161 | -€43,435 | €41,013 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 24-07-2026 | 2026-00335871 |
| 31-12-2024 | full format | 05-06-2025 | 2025-00124428 |
| 31-12-2023 | full format | 19-06-2024 | 2024-00141813 |
| 31-12-2022 | full format | 28-06-2023 | 2023-00168539 |
| 31-12-2021 | micro format | 01-09-2022 | 2022-20402168 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Lennart Luchtens |
|
| Atelier FUSE |
|
| Cornelis van den Wijngaart |
|
Owners and capital
Owners
1 ownerOwners 1
-
25%
According to the 2025 annual accounts of EUSPACE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
10%
According to the 2025 annual accounts of EUSPACE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-09
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Registered-office move, Tervurensquare, Tervurenlaan 253, 1150 Sint-Pieters-Woluwe
- Board meeting, 08-05-2025
- Director in office, Hanna Leus (director)
09-09
Gazette deed
Resignations: Atelier Fuse BV (managing director and director) and Cornelis van den Wijngaart (lid directiecomité)Permanent representative: Cornelis van den Wijngaart · Appointment: Lennart Luchtens (director) · Registered-office move7 facts ▸
- Board meeting, 08-02-2024
- Registered-office move, Woluwe Gate,Woluwelaan n2 - 4de verdieping,1150 Brussel
- General meeting, 13-12-2023
- Director resignation, Atelier Fuse BV (managing director and director)
- Permanent representative, Cornelis van den Wijngaart
- Director resignation, Cornelis van den Wijngaart (lid directiecomité)
- Director appointment, Lennart Luchtens (director)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 3 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21019A0201/00H007 | Brussels | 4,814 m² | 1 · 1,155 m² | 13.3 m · 1 |