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Space Concerts

Active
Private limited companyfounded 2007active for 19 yearsRinglaan 39, 1853 Grimbergen, BelgiumKBO/BCE: BE 0888.021.835
Summary

Space Concerts has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€84,528) and a net result of -€1,688. Equity has been growing by about 7.2% per year since 2018. The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 16-03-2007 Normal situation
Registered office
28 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
“Het organiseren van fuiven en festivals (decors, licht, podium, muziek, en alle accessoires), opluisteren…” (deed in Dutch)From the articles, 11 activitiesNo NACE code in the KBO yet
Establishment unit
2.161.162.176 2100 Antwerpen, since 01-04-2007
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Board and ownership

Board
  • HertiDirector · permanent representative LESCRAUWAET, Gino

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
-€1,072
▼ 129%
Loss
€1,688
▼ 3.3%
Equity
-€84,528
▼ 2.0%
Total assets
€183
▲ 1,019×
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityLoss of €1,688, the second in a row (financial year 2025)No main activity registeredNegative equity -€84,528lowers riskSize: total assets €183Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -46101.7% of total assets
Liquidity 50=
short-term debt 27112.5% · cash 100.0%
Profitability 0=
return on assets -920.9%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.1%● unchanged vs 05-2025 07-2025: 2.1%● unchanged vs 06-2025 08-2025: 2.1%● unchanged vs 07-2025 09-2025: 2.2%▲ +0.1 percentage points vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 3.2%▲ +1.0 percentage point vs 10-2025highest value 12-2025: 0.9%▼ -2.3 percentage points vs 11-2025lowest value 01-2026: 0.9%● unchanged vs 12-2025lowest value 02-2026: 0.9%● unchanged vs 01-2026lowest value 03-2026: 0.9%● unchanged vs 02-2026lowest value 04-2026: 0.9%● unchanged vs 03-2026lowest value 05-2026: 0.9%● unchanged vs 04-2026lowest value 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 0.9%● unchanged vs 06-2026lowest value 08-2026: 1.2%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 (no NACE code, micro). It does better than 5% of them on solvency, 35% on liquidity, 4% on profitability and 38% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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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 · Size: total assets €183
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €1,688, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Negative equity -€84,528
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€84,528
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
57 days late
2023
22 days late
2022
53 days early
2021
11 days early
2020
55 days late
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 5 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 20 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€84,528 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€1,688 View

Recent changes

  1. · Gazette deed Company renamed from DANOVO to Space ConcertsRegistered office moved from Deurne to Strombeek-Bever · New seat: 1853 Strombeek-Bever, Ringlaan 39 · Previous seat: 2100 Deurne, De Sevillastraat 30
  2. · Gazette deed Incorporation
All 13 events

Key facts about Space Concerts

What is the company number of Space Concerts?
The company number of Space Concerts is 0888.021.835. The VAT number is the same number with BE in front: BE 0888.021.835.
Where is Space Concerts based?
The registered office is at Ringlaan 39, 1853 Grimbergen.Company details
What is the legal form of Space Concerts?
The legal form of Space Concerts is Private limited company (BV).
When was Space Concerts founded?
Space Concerts was founded on 16-03-2007.
Is Space Concerts still active?
Yes, Space Concerts is an active enterprise in the KBO register.
What is the turnover of Space Concerts?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Space Concerts profitable?
In financial year 2025, Space Concerts made a loss of €1,688.
Where can I find the annual accounts of Space Concerts?
Space Concerts filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Space Concerts due?
Space Concerts must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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