Respace
ActiveSummary
The computed 12-month bankruptcy probability of Respace is 2.9% (moderate). The 2025 annual accounts show negative equity (-€355,913) and a net result of -€555,913. Its solvency ranks better than 5% of 4565 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93; short-term debt: 75% and cash: 29.5% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-90.8%
Return on assets
-141.8%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€555,913
Working capital
-€21,821
Balance-sheet composition
Assets €392,105
Fixed assets
€119,920
Current assets
€272,185
Key figures and ratios
EBITDA
-€547,571
Cash flow
-€553,687
Solvency
-90.8%
Current ratio
0.93
Debt to equity
-2.10
ROA
-141.8%
Interest coverage
-93.38
Debt
€748,019
Debt ≤ 1 year
€294,007
Debt > 1 year
€250,000
Income taxes
€253
Staff costs
€172,705
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €172,705 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,226 |
| Other operating charges640/8 | €23,460 |
| Gross operating margin9900 | -€351,406 |
| Operating profit (loss)9901 | -€549,797 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €5,864 |
| Recurring financial charges65 | €5,864 |
| Profit (loss) for the period before taxes9903 | -€555,660 |
| Income taxes67/77 | €253 |
| Profit (loss) for the period9904 | -€555,913 |
| Profit (loss) for the period to be appropriated9905 | -€555,913 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €392,105 | |
| Fixed assets21/28 | €119,920 | |
| Intangible fixed assets21 | €7,604 | |
| Tangible fixed assets22/27 | €101,910 | |
| Furniture and vehicles24 | €2,710 | |
| Assets under construction and advance payments27 | €99,201 | |
| Financial fixed assets28 | €10,406 | |
| Current assets29/58 | €272,185 | |
| Amounts receivable within one year40/41 | €151,850 | |
| Trade receivables40 | €138,265 | |
| Other amounts receivable41 | €13,585 | |
| Cash at bank and in hand54/58 | €115,854 | |
| Deferred charges and accrued income490/1 | €4,482 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €392,105 | |
| Equity10/15 | -€355,913 | |
| Contributions10/11 | €200,000 | |
| Capital10 | €200,000 | |
| Issued capital100 | €200,000 | |
| Profit (loss) carried forward14 | -€555,913 | |
| Amounts payable17/49 | €748,019 | |
| Amounts payable after more than one year17 | €250,000 | |
| Financial debts170/4 | €250,000 | |
| Amounts payable within one year42/48 | €294,007 | |
| Trade debts44 | €234,200 | |
| Suppliers440/4 | €234,200 | |
| Taxes, remuneration and social security45 | €37,041 | |
| Taxes450/3 | €6,887 | |
| Remuneration and social security454/9 | €30,155 | |
| Other amounts payable47/48 | €22,766 | |
| Accrued charges and deferred income492/3 | €204,012 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€555,913 |
| + Depreciation and write-downs630 | €2,226 |
| Operating cash flow (approximation) | -€553,687 |
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
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
NBB filing
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, Brussel · 2 establishment units since 2024
Ground area
2,642 m²
Building footprint
1,635 m²
Volume, LiDAR
26,324 m³
2 parcels, Brussels · tallest building 31.2 m, ±10 floors. Linked by address, not a title deed.
26
companies at this address
See who is registered here
2 establishment units
Respace
since 20242.362.477.164
Trierstraat 74, 1000 Brussel
since 20252.374.299.583
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H0885/00Y000 | Brussels | 2,203 m² | 1 · 1,237 m² | 18.2 m · 5 fl. |
| 21805E0443/00L003 | Brussels | 439 m² | 1 · 398 m² | 31.2 m · 10 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 574 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82300Organisation of conventions and trade shows
68321Property management for co-owned buildings (syndics)
73300Public relations and communication consultancy
74130Interior design
74140Other specialised design activities
Scores and ratios are computed by Checked and are not a credit decision.