PUBLIC SPACE
ActivePUBLIC SPACE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €23k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 56% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency84▲+21
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.38 in 2024; short-term debt: 39.6% and cash: 51.5% of total assets), and 40.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.4%
Return on assets
34.4%
Age of the figures
9 mo
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 €40k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
7 d early
2024
22 d late
2023
29 d late
2022
12 d early
2021
30 d late
2020
32 d early
2019
27 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▲ 138%
2024 · €17k
2018: €29k
2019: €35k
2020: €44k
2021: €40k
2022: €41k
2023: €34k
2024: €17k
2018 → 2025
Total assets
€68k▲ 51.0%
2024 · €45k
2018: €140k
2019: €130k
2020: €88k
2021: €73k
2022: €63k
2023: €78k
2024: €45k
2018 → 2025
Net result
€23k
2024 · €-17k
2018: €32k
2019: €5k
2020: €19k
2021: €711
2022: €745
2023: €325
2024: €-17k
2018 → 2025
Working capital
€37k▲ 243%
2024 · €11k
2018: €28k
2019: €50k
2020: €43k
2021: €44k
2022: €41k
2023: €53k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€41k▲ 1.9%€34k▼ 16.9%€17k▼ 50.0%€40k▲ 138%
Operating result€2k-€2k▲ 19.5%€2k▼ 31.6%€-17k€28k
Net result€711-€745▲ 4.7%€325▼ 56.4%€-17k€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €28k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€4k▼ 30.6%
Current assets
€63k▲ 64.2%
Equity and liabilities €68k
Equity
€40k▲ 138%
Debt
€27k▼ 1.6%
The debt ratio falls from 62.3% to 40.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2024 · €-15k
Cash flow
€25k▲
2024 · €-16k
Solvency
59.4%▲
2024 · 37.7%
Current ratio
2.37▲
2024 · 1.38
Quick ratio
1.96▲
2024 · 1.16
Debt / equity
0.68▼
2024 · 1.65
ROE
58.0%▲
2024 · -100.1%
ROA
34.4%▲
2024 · -37.7%
Interest coverage
22.91▲
2024 · -35.54
Debt
€27k▼
2024 · €28k
Debt ≤ 1 year
€27k▼
2024 · €28k
Income taxes
€3k▲
2024 · €-9
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€45k€68k▲
Fixed assets21/28€6k€4k▼
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€300€88▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€39k€63k▲
Stocks and contracts in progress3€6k€11k▲
Stocks30/36€6k€11k▲
Amounts receivable within one year40/41€3k€16k▲
Trade receivables40€3k€16k▲
Other amounts receivable41€75€14▼
Cash at bank and in hand54/58€28k€35k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€45k€68k▲
Equity10/15€17k€40k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€100€100=
Profit (loss) carried forward14€2k€25k▲
Amounts payable17/49€28k€27k▼
Amounts payable within one year42/48€28k€27k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€13k€15k▲
Taxes450/3€13k€15k▲
Other amounts payable47/48€11k€9k▼
Accrued charges and deferred income492/3€0€699▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-49k€0▲
Other operating charges640/8€722€723▲
Gross operating margin9900€-63k€30k▲
Operating profit (loss)9901€-17k€28k▲
Financial income75/76B€48€70▲
Recurring financial income75€48€70▲
Financial charges65/66B€435€1k▲
Recurring financial charges65€435€1k▲
Profit (loss) for the period before taxes9903€-17k€27k▲
Income taxes67/77€-9€3k▲
Profit (loss) for the period9904€-17k€23k▲
Profit (loss) for the period to be appropriated9905€-17k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€25k▲
Profit (loss) brought forward from the previous period14P€19k€2k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-17k ▼5308%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Mechelen · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Frans Halsvest 822800 MechelenGround area
111 m²
Building footprint
56 m²
Volume, LiDAR
464 m³
Parcel 12402B0223/00G002, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PUBLIC SPACE
since 20112.201.366.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402B0223/00G002 | Flanders | 111 m² | 1 · 56 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 40,559 EUR awarded · 36,503 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 40,559 EUR | 36,503 EUR |
Schemes
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
Similar companies · same sector, comparable size
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Of 1,111 companies in sector 58110 we hold annual accounts for 363. 239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2011
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
47620Retail trade
47621Retail sale of newspapers and periodicals
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
74202Other professional, scientific and technical activities
74209Other photographic activities
90029Arts creation and performing arts activities
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.