SPACE VERANDA
ActiveSummary
SPACE VERANDA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €435k and a net result of €52k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 760 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+10
Solvency94▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.23 against 2.28 in 2023; short-term debt: 30.9% and cash: 63.4% of total assets), and 30.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
28 d early
2022
2 d late
2021
25 d early
2020
43 d early
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52k▲ 1,571%
2023 · €3k
2018: €53k
2019: €30k
2020: €42k
2021: €42k
2022: €29
2023: €3k
2018 → 2024
Working capital
€435k▲ 13.8%
2023 · €382k
2018: €279k
2019: €326k
2020: €374k
2021: €423k
2022: €378k
2023: €382k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€337k-€380k▲ 12.6%€380k=€383k▲ 0.8%€435k▲ 13.5%
Operating result€55k-€60k▲ 9.2%€-1k€5k€71k▲ 1,231%
Net result€42k-€42k▲ 0.2%€29▼ 99.9%€3k▲ 10,708%€52k▲ 1,571%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,231% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €629k
Equity
€435k ▲ 13.5%
Debt
€195k ▼ 34.9%
Debt's share of the balance-sheet total falls from 43.9% to 30.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2023 · €6k
Cash flow
€53k▲
2023 · €4k
Current ratio
3.23▲
2023 · 2.28
Quick ratio
2.68▲
2023 · 1.98
Debt to equity
0.45▼
2023 · 0.78
ROE
11.9%▲
2023 · 0.8%
ROA
8.2%▲
2023 · 0.5%
Interest coverage
68.74▲
2023 · 6.49
Debt ≤ 1 year
€195k▼
2023 · €299k
Income taxes
€19k▲
2023 · €3k
Staff costs
€150k▼
2023 · €172k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€682k€629k▼
Fixed assets21/28€1k-
Tangible fixed assets22/27€1k-
Plant, machinery and equipment23€677-
Furniture and vehicles24€340-
Current assets29/58€681k€629k▼
Stocks and contracts in progress3€88k€107k▲
Stocks30/36€27k€77k▲
Contracts in progress37€62k€30k▼
Amounts receivable within one year40/41€119k€121k▲
Trade receivables40€98k€96k▼
Other amounts receivable41€21k€25k▲
Cash at bank and in hand54/58€473k€399k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€682k€629k▼
Equity10/15€383k€435k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€314k€314k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€308k€308k=
Profit (loss) carried forward14€7k€59k▲
Amounts payable17/49€299k€195k▼
Amounts payable within one year42/48€299k€195k▼
Trade debts44€69k€55k▼
Suppliers440/4€69k€55k▼
Advances received on contracts in progress46€203k€100k▼
Taxes, remuneration and social security45€27k€40k▲
Taxes450/3€7k€22k▲
Remuneration and social security454/9€21k€18k▼
Income statement
Code20232024
Remuneration, social security and pensions62€172k€150k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€910€1k▲
Other operating charges640/8€865€679▼
Gross operating margin9900€179k€223k▲
Operating profit (loss)9901€5k€71k▲
Financial income75/76B€2k€947▼
Recurring financial income75€2k€947▼
Financial charges65/66B€960€1k▲
Recurring financial charges65€960€1k▲
Profit (loss) for the period before taxes9903€6k€71k▲
Income taxes67/77€3k€19k▲
Profit (loss) for the period9904€3k€52k▲
Profit (loss) for the period to be appropriated9905€3k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€59k▲
Profit (loss) brought forward from the previous period14P€4k€7k▲
Social balance
Average headcount (FTE)90875.65.0▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
31-12
Financial
Weakest financial yearnet €29 ▼99.9%
Net result drops to €29, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Blégny · 1 establishment unit since 2014
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.
Rue Prés-Champs 54671 BlégnyGround area
3,194 m²
Building footprint
305 m²
Volume, LiDAR
1,409 m³
Parcel 62010A0125/00M000, Wallonia · tallest building 13.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SPACE VERANDA
since 20142.237.608.767
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62010A0125/00M000 | Wallonia | 3,194 m² | 1 · 305 m² | 13.6 m · 1 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.
Similar companies · same sector, comparable size
Constructiewerkhuizen Cool
BE 0420.378.303
Dendermonde · Eq €435,532
VACO POORTEN
BE 0463.579.430
Zele · Eq €432,489
ALL-JOBS
BE 0434.649.773
Wommelgem · Eq €439,953
GVC CONSTRUCT
BE 0847.679.535
Wortegem-Petegem · Eq €429,255
Van de Weghe Karel
BE 0880.081.493
Wetteren · Eq €440,382
Of 908 companies in sector 25120 we hold annual accounts for 677. 532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
25110Manufacture of metal structures and parts of structures
41003General construction of other non-residential buildings
43320Joinery installation
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.