Turnover
≈ €290,000 estimated
The micro format states no turnover.
INSPACE
Lifetime
16 annual accounts with figures on one time axispeak €77,512 (2017)
€56,482▲ 380%
lowest -€32,124 (2022)
€35,200▲ €49,495
peak €102,459 (2021)
€96,968▲ 57.0%
€73,660▲ 28.3%
peak 1 FTE (2020)
-not published
Board2 names since 2014
2 directorsDUBOIS Olivier and 1 other
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Gross margin from €11,778 to €56,482Back to profit: €35,200Equity from €61,768 to €96,968Debts from €57,396 to €73,660Cash from €31,793 to €98,896
Key points
from the 2025 annual accountsFilings
16 annual accounts since 2010
Three of the last ten came late. The 2019 accounts came latest: 26 days after the end of the period.
Checked score
97
Excellent
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.4%▼ -0.3 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.3 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.32, cash €98,896
Equity €96,968 (56.8% of total assets)
Founded in 2009
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 43, micro). It does better than 62% of them on solvency, 77% on liquidity, 81% on profitability and 85% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as INSPACE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of INSPACE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for INSPACE. 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
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.32 (2.07 in 2024), above the usual 1.5. Short-term debt is 43.2% and cash 58% of total assets. 43.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €96,968
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 days early
2024
11 days late
2023
29 days early
2022
19 days early
2021
17 days early
2020
17 days early
2019
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0821015819
Changes of role: DUBOIS Olivier (director) and OLIVIER Laurent (director)
General meeting of 18-12-2023 · Gazette deed
First establishment
Les Sarments, Tweesteenwegenstraat 25, Auderghem
Incorporation
published on 10-12-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INSPACE Auderghem | €170,628 | €56,482 | 56.8% | - |
| ANIBER Jette | €160,871 | €58,541 | 41.7% | - |
| BATY-HAUS Koekelberg | €181,097 | €45,716 | 73.9% | - |
| CONSTRUCTION JOMONT Uccle | €182,117 | €54,624 | 67.8% | - |
| KALI-SA Forest | €135,219 | €59,546 | 87.9% | - |
| SLS CONSTRUCT Evere | €160,671 | €46,906 | -8.3% | - |
| NIJCONTEC Essen | €166,806 | €60,836 | 81.7% | - |
These companies have the same main activity as INSPACE: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €135,000 and €182,000, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 01-12-2009Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 3 others
- Establishment unit
- 2.183.353.4021160 Auderghem, since 18-12-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €170,628▲ 43.2%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on INSPACE
INSPACE files the micro format. That format states no turnover. The gross margin rose from €15,508 in 2010 to €56,482 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 INSPACE
- What is the company number of INSPACE?
- The company number of INSPACE is 0821.015.819. The VAT number is the same number with BE in front: BE 0821.015.819.
- Where is INSPACE based?
- The registered office is at Tweesteenwegenstraat 25, 1160 Auderghem.Company details
- What does INSPACE do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of INSPACE?
- INSPACE is a private limited company (BV).
- When was INSPACE founded?
- INSPACE was founded on 01-12-2009.
- Is INSPACE still active?
- Yes, INSPACE is an active enterprise in the KBO register.
- How many employees does INSPACE have?
- INSPACE had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of INSPACE?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €56,482 and 68 comparable companies (NACE 43990). It probably lies between €220,000 and €590,000.
- Is INSPACE profitable?
- In financial year 2025, INSPACE made a profit of €35,200.
- Where can I find the annual accounts of INSPACE?
- INSPACE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INSPACE due?
- INSPACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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