K-SPACE
ActiveSummary
The computed 12-month bankruptcy probability of K-SPACE is 1.8% (moderate). The 2025 annual accounts show equity of €3k and a net result of €2k. Equity is growing by ~102.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 7780 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-12
Solvency51▲+20
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
26 d late
2024
53 d late
2023
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▲ 354%
2024 · €578
Total assets
€10k▲ 5.0%
2024 · €10k
Net result
€2k▼ 33.4%
2024 · €3k
Working capital
€3k▲ 354%
2024 · €578
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€-3k-€3k€3k▼ 11.6%
Net result€-3k-€3k€2k▼ 33.4%
Equity€-2k-€578€3k▲ 354%
Total assets€2k-€10k▲ 311%€10k▲ 5.0%
Debt€5k-€9k▲ 87.5%€8k▼ 17.2%
Working capital€-2k-€578€3k▲ 354%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €10k
Equity
€3k ▲ 354%
Debt
€8k ▼ 17.2%
Debt's share of the balance-sheet total falls from 94.0% to 74.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.35▲
2024 · 1.06
Debt to equity
2.87
ROE
78.0%
ROA
20.2%▼
2024 · 31.8%
Debt ≤ 1 year
€8k▼
2024 · €9k
Income taxes
€898▲
2024 · €263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | - | €160 | - |
| Gross operating margin9900 | €-3k | €3k | €3k | ▼ 6.8% |
| Operating profit (loss)9901 | €-3k | €3k | €3k | ▼ 11.6% |
| Financial charges65/66B | €16 | €44 | €45 | ▲ 2.3% |
| Recurring financial charges65 | €16 | €44 | €45 | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | €-3k | €3k | €3k | ▼ 11.7% |
| Income taxes67/77 | - | €263 | €898 | ▲ 241% |
| Profit (loss) for the period9904 | €-3k | €3k | €2k | ▼ 33.4% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €3k | €2k | ▼ 33.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2k | €10k | €10k | ▲ 5.0% |
| Current assets29/58 | €2k | €10k | €10k | ▲ 5.0% |
| Amounts receivable within one year40/41 | €2k | €9k | €10k | ▲ 17.4% |
| Trade receivables40 | €2k | €9k | €9k | ▲ 1.2% |
| Other amounts receivable41 | - | - | €1k | - |
| Cash at bank and in hand54/58 | €460 | €1k | €115 | ▼ 89.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2k | €10k | €10k | ▲ 5.0% |
| Equity10/15 | €-2k | €578 | €3k | ▲ 354% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €-3k | €478 | €3k | ▲ 429% |
| Amounts payable17/49 | €5k | €9k | €8k | ▼ 17.2% |
| Amounts payable within one year42/48 | €5k | €9k | €8k | ▼ 17.2% |
| Trade debts44 | €226 | €3k | €2k | ▼ 44.6% |
| Suppliers440/4 | €226 | €3k | €2k | ▼ 44.6% |
| Taxes, remuneration and social security45 | €839 | €2k | €2k | ▼ 3.6% |
| Taxes450/3 | €839 | €2k | €2k | ▼ 3.6% |
| Other amounts payable47/48 | €4k | €4k | €4k | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €3k | €2k | ▼ 33.4% |
| Operating cash flow (approximation) | €-3k | €3k | €2k | ▼ 33.4% |
| Change in cash | - | €656 | €-1k | ▼ 253% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.06
Current ratio from 0.48 to 1.06.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2023
Ground area
534 m²
Building footprint
262 m²
Volume, LiDAR
4,095 m³
Parcel 21526D0076/00D009, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
K-SPACE
since 20232.345.586.395
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0076/00D009 | Brussels | 534 m² | 1 · 262 m² | 18.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 916 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
62900Other information technology and computer services
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.