NEWSPACE
NEWSPACE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €-9k. Equity is shrinking by ~305.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 9% of 2906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
| Equity | €1k |
| Net result | €-9k |
| Better than sector | 9% |
| Active | 20 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.8% | 43.3% | |
| Net result | €-9k | €13k | |
| Equity | €1k | €44k | |
| Gross operating margin | €-5k | €39k | |
| Total assets | €69k | €115k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €-5k | €-50k | €58k |
| Net profit | €-9k | €-54k | €41k |
| Cash flow | €-5k | €-50k | €42k |
| Staff costs | - | - | - |
| Income taxes | - | - | €16k |
| Dividends | - | - | - |
| Total assets | €69k | €73k | €104k |
| Equity | €1k | €10k | €64k |
| Debt | €68k | €62k | €40k |
| of which ≤ 1y | €68k | €62k | €40k |
| of which > 1y | - | - | - |
| Working capital | €-13k | €-2k | €50k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.81 | 0.97 | 2.24 |
| Quick ratio | 0.81 | 0.97 | 2.24 |
| Working capital ratio | -18.9% | -2.8% | 48.1% |
| Solvency | 1.8% | 14.1% | 61.3% |
| Debt / equity | 55.63 | 6.09 | 0.63 |
| Long-term debt ratio | - | - | - |
| Interest coverage | -12.01 | -231.25 | 177.48 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -13.0% | -73.7% | 39.4% |
| ROE | -737.5% | -522.6% | 64.2% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €69k | €73k | €104k |
| Fixed assets | 21/28 | €14k | €12k | €14k |
| Tangible fixed assets | 22/27 | €14k | €12k | €14k |
| Financial fixed assets | 28 | €149 | €149 | €149 |
| Current assets | 29/58 | €55k | €60k | €90k |
| Amounts receivable within one year | 40/41 | €22k | €32k | €20k |
| Cash & bank | 54/58 | €33k | €28k | €68k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €69k | €73k | €104k |
| Equity | 10/15 | €1k | €10k | €64k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €43k | €43k | €43k |
| Accumulated profits (losses) | 14 | €-60k | €-51k | €2k |
| Amounts payable | 17/49 | €68k | €62k | €40k |
| Amounts payable within one year | 42/48 | €68k | €62k | €40k |
| Trade debts payable within one year | 44 | €42k | €49k | €21k |
| Income statement | ||||
| Gross operating margin | 9900 | €-5k | €-50k | €58k |
| Operating result | 9901 | €-9k | €-53k | €57k |
| Financial income | 75 | €0 | €133 | €103 |
| Financial charges | 65 | €422 | €217 | €328 |
| Result before taxes | 9903 | €-9k | €-54k | €57k |
| Income taxes | 67/77 | - | - | €16k |
| Net result for the period | 9904 | €-9k | €-54k | €41k |
| Result to be appropriated | 9905 | €-9k | €-54k | €41k |
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 27-12-2005 |
| Status | Active |
| Postal code | 1340 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025C0064/02G000 | Wallonia | 1,886 m² | 1 · 137 m² | 8.6 m · 2 fl. |
| 25083F0457/00F002 | Wallonia | 809 m² | 1 · 150 m² | 7.2 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-02-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "J\u00E9r\u00F4me DORY",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-02-07",
"filing_date": "2024-02-05",
"act_kind_objet": "MODIFICATION FORME JURIDIQUE, DEMISSIONS, NOMINATIONS, SIEGE SOCIAL"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-12-13",
"unanimous": true
},
"agm_change": null,
"detected_kind": "other_address_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "1340 Ottignies-Louvain-la-Neuve, Clos Erasme, 4.",
"address_old": "1325 Chaumont-Gistoux Rue de Louvranges, Dion-V.",
"effective_date": null,
"effective_date_is_approximate": null
},
"mandate_renewal": {
"period_end": null,
"mandate_kind": "administrateur",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": "gratuit",
"person_or_entity_kbo": null,
"person_or_entity_name": "Monsieur LIEBMAN Jean-Luc"
},
"subject_company": {
"kbo": "0878.300.059",
"name_full": "NEWSPACE",
"legal_form": "SRL"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u0027acte",
"procuration",
"statuts coordonn\u00E9s"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameFR | NEWSPACE |