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SPACEBEL

Active
Public limited companyfounded 198837 yrs activeRue des Chasseurs-Ardennais 6, 4031 Liège, BelgiumKBO/BCE: BE 0435.536.532
Summary

SPACEBEL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.8m and a net result of €179,589. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 32% of 181 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability60=
Solvency47▼-4
Growth48▼-31
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.25 in 2024; short-term debt: 76.5% and cash: 3% of total assets), and 77.8% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.2%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
50 d early
2023
56 d early
2022
67 d early
2021
38 d early
2020
51 d early
2019
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 September 1988, SPACEBEL was incorporated.1 Revenue went from EUR 7.7 million in 2018 to EUR 8.4 million in 2025 and headcount from 55.6 to 56.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€8.4m▼ 50.5%
2024 · €17.1m
EBIT margin
1.7%▼ 1.2pp
2024 · 2.9%
Net result
€179,589▼ 66.0%
2024 · €528,227
Working capital
€5.7m▼ 12.1%
2024 · €6.5m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€12.7m▲ 143%€7.3m▼ 42.8%€8.4m▲ 14.8%€17.1m▲ 104%€8.4m▼ 50.5%
Operating result€786,283▲ 21.9%€690,691▼ 12.2%€571,290▼ 17.3%€496,979▼ 13.0%€145,979▼ 70.6%
Net result€787,553above the sector's middle half▼ 1.9%€579,455above the sector's middle half▼ 26.4%€574,550above the sector's middle half▼ 0.8%€528,227above the sector's middle half▼ 8.1%€179,589within the sector's middle half▼ 66.0%
EBIT margin6.2%▼ 6.1pp9.5%▲ 3.3pp6.8%▼ 2.6pp2.9%▼ 3.9pp1.7%▼ 1.2pp
Equity€8.6mabove the sector's middle half▲ 6.0%€8.9mabove the sector's middle half▲ 2.7%€9.0mabove the sector's middle half▲ 1.4%€9.1mabove the sector's middle half▲ 0.9%€8.8mabove the sector's middle half▼ 3.0%
Total assets€32.4mabove the sector's middle half▼ 6.6%€37.7mabove the sector's middle half▲ 16.4%€40.7mabove the sector's middle half▲ 8.1%€35.4mabove the sector's middle half▼ 13.0%€39.6mabove the sector's middle half▲ 11.8%
Debt€23.6m▼ 11.0%€28.7m▲ 21.8%€31.7m▲ 10.2%€26.2m▼ 17.3%€30.7m▲ 17.4%
Working capital€6.8m▲ 7.9%€5.4m▼ 21.1%€5.6m▲ 3.3%€6.5m▲ 16.1%€5.7m▼ 12.1%
Solvency26.7%within the sector's middle half▲ 3.2pp23.5%within the sector's middle half▼ 3.1pp22.1%within the sector's middle half▼ 1.5pp25.6%within the sector's middle half▲ 3.5pp22.2%within the sector's middle half▼ 3.4pp
Staff (FTE)56.5above the sector's middle half▲ 3.1%52.4above the sector's middle half▼ 7.3%50.8above the sector's middle half▼ 3.1%52.5above the sector's middle half▲ 3.3%56.3above the sector's middle half▲ 7.2%
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000€800,000Operating result 2021: €786,283€786,283Net result 2021: €787,553€787,553Operating result 2022: €690,691€690,691Net result 2022: €579,455€579,455Operating result 2023: €571,290€571,290Net result 2023: €574,550€574,550Operating result 2024: €496,979€496,979Net result 2024: €528,227€528,227Operating result 2025: €145,979€145,979Net result 2025: €179,589€179,58920212022202320242025€0€200,000€400,000€600,000Operating result 2023: €571,290€571,000Net result 2023: €574,550€575,000Operating result 2024: €496,979€497,000Net result 2024: €528,227€528,000Operating result 2025: €145,979€146,000Net result 2025: €179,589€180,000202320242025
The operating result has fallen four years in a row; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39.6m
Fixed assets €3.6m ▲ 5.8%
Current assets €36.0m ▲ 12.5%
Equity and liabilities €39.6m
Equity €8.8m ▼ 3.0%
Provisions €83,727 ▼ 54.9%
Debt €30.7m ▲ 17.4%
Debt's share of the balance-sheet total rises from 73.9% to 77.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€497,910▼
2024 · €856,580
Cash flow
€531,520▼
2024 · €887,827
Current ratio
1.19▼
2024 · 1.25
Quick ratio
0.34▼
2024 · 0.43
Debt to equity
3.49▲
2024 · 2.89
ROE
2.0%▼
2024 · 5.8%
ROA
0.5%▼
2024 · 1.5%
Interest coverage
5.93▼
2024 · 11.93
Debt ≤ 1 year
€30.3m▲
2024 · €25.6m
Debt > 1 year
€264,272▼
2024 · €463,847
Income taxes
€8,378▼
2024 · €160,206
Staff costs
€6.3m▲
2024 · €5.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 719 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.8% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 719 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet Code20242025
Assets
Total assets20/58€35.4m€39.6m▲
Fixed assets21/28€3.4m€3.6m▲
Intangible fixed assets21€137,753€118,262▼
Tangible fixed assets22/27€1.9m€1.9m▼
Land and buildings22€1.1m€1.2m▲
Plant, machinery and equipment23€204,692€238,466▲
Furniture and vehicles24€57,781€39,417▼
Other tangible fixed assets26€569,384€485,154▼
Financial fixed assets28€1.3m€1.6m▲
Affiliated companies280/1€411,900€411,900=
Participating interests280€411,900€411,900=
Other financial fixed assets284/8€926,168€1.2m▲
Shares284€891,638€1.1m▲
Amounts receivable and cash guarantees285/8€34,530€33,220▼
Current assets29/58€32.0m€36.0m▲
Stocks and contracts in progress3€21.1m€25.6m▲
Contracts in progress37€21.1m€25.6m▲
Amounts receivable within one year40/41€4.7m€3.4m▼
Trade receivables40€4.3m€2.8m▼
Other amounts receivable41€388,476€553,831▲
Current investments50/53€5.8m€5.7m▼
Other investments51/53€5.8m€5.7m▼
Cash at bank and in hand54/58€244,275€1.2m▲
Deferred charges and accrued income490/1€159,223€203,106▲
Equity and liabilities
Total equity and liabilities10/49€35.4m€39.6m▲
Equity10/15€9.1m€8.8m▼
Contributions10/11€6.0m€6.0m=
Capital10€6.0m€6.0m=
Issued capital100€6.0m€6.0m=
Uncalled capital101-€0
Reserves13€398,613€407,593▲
Non-distributable reserves130/1€398,613€407,593▲
Legal reserve130€398,613€407,593▲
Profit (loss) carried forward14€2.7m€2.4m▼
Provisions and deferred taxes16€185,754€83,727▼
Provisions for liabilities and charges160/5€185,754€83,727▼
Pensions and similar obligations160€22,671€26,589▲
Other liabilities and charges164/5€163,083€57,138▼
Amounts payable17/49€26.2m€30.7m▲
Amounts payable after more than one year17€463,847€264,272▼
Financial debts170/4€463,847€264,272▼
Subordinated loans170€52,500-
Credit institutions173€411,347€264,272▼
Amounts payable within one year42/48€25.6m€30.3m▲
Current portion of amounts payable after more than one year42€235,169€199,575▼
Trade debts44€1.5m€2.0m▲
Suppliers440/4€1.5m€2.0m▲
Advances received on contracts in progress46€21.3m€25.4m▲
Taxes, remuneration and social security45€1.1m€1.1m▲
Taxes450/3€150,942€69,792▼
Remuneration and social security454/9€953,057€1.1m▲
Other amounts payable47/48€1.4m€1.6m▲
Accrued charges and deferred income492/3€158,050€147,167▼
Income statement Code20242025
Operating income70/76A€14.7m€15.3m▲
Turnover70€17.1m€8.4m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€4.5m€4.8m▲
Other operating income74€2.0m€2.0m▼
Operating charges60/66A€14.2m€15.2m▲
Goods for resale, raw materials and consumables60€3.2m€3.6m▲
Purchases600/8€3.2m€3.6m▲
Services and other goods61€5.2m€4.7m▼
Remuneration, social security and pensions62€5.9m€6.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€359,600€351,931▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€717,725€316,642▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€86,135-€102,027▼
Other operating charges640/8€121,111€113,538▼
Operating profit (loss)9901€496,979€145,979▼
Financial income75/76B€270,568€227,637▼
Recurring financial income75€270,568€227,637▼
Income from financial fixed assets750€100,000€100,197▲
Income from current assets751€135,619€126,953▼
Other financial income752/9€34,949€486▼
Financial charges65/66B€79,115€185,649▲
Recurring financial charges65€79,115€185,649▲
Debt charges650€71,813€83,945▲
Other financial charges652/9€7,302€101,704▲
Profit (loss) for the period before taxes9903€688,433€187,967▼
Income taxes67/77€160,206€8,378▼
Taxes670/3€160,206€11,555▼
Tax adjustments and reversals of tax provisions77-€3,178
Profit (loss) for the period9904€528,227€179,589▼
Profit (loss) for the period to be appropriated9905€528,227€179,589▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.1m€2.9m▼
Profit (loss) brought forward from the previous period14P€2.6m€2.7m▲
Transfer to equity691/2€26,411€8,979▼
To the legal reserve6920€26,411€8,979▼
Profit to be distributed694/7€450,000€450,000=
Return on contributions (dividend)694€450,000€450,000=
Social balance
Average headcount (FTE)908752.556.3▲

The notes to these accounts (71 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€10.6m€12.5m€14.1m€14.7m€15.3m▲ 4.5%
Turnover70€12.7m€7.3m€8.4m€17.1m€8.4m▼ 50.5%
Change in stocks of work in progress, finished goods and contracts in progress71-€3.9m€3.5m€4.0m-€4.5m€4.8m▲ 208%
Other operating income74€1.7m€1.7m€1.7m€2.0m€2.0m▼ 0.2%
Operating charges60/66A€9.8m€11.8m€13.5m€14.2m€15.2m▲ 7.1%
Goods for resale, raw materials and consumables60€1.2m€1.8m€2.3m€3.2m€3.6m▲ 10.6%
Purchases600/8€1.2m€1.8m€2.3m€3.2m€3.6m▲ 10.6%
Services and other goods61€3.0m€4.3m€4.7m€5.2m€4.7m▼ 10.8%
Remuneration, social security and pensions62€5.4m€5.2m€5.5m€5.9m€6.3m▲ 6.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360,362€361,666€360,869€359,600€351,931▼ 2.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€413,896€162,342€425,267-€717,725€316,642▲ 144%
Provisions for liabilities and charges: additions (uses and reversals)635/8€147,921-€73,025€20,849€86,135-€102,027▼ 218%
Other operating charges640/8€101,550€108,185€125,587€121,111€113,538▼ 6.3%
Operating profit (loss)9901€786,283€690,691€571,290€496,979€145,979▼ 70.6%
Financial income75/76B€100,000€100,874€152,430€270,568€227,637▼ 15.9%
Recurring financial income75€100,000€100,874€152,430€270,568€227,637▼ 15.9%
Income from financial fixed assets750€100,000€100,000€100,000€100,000€100,197▲ 0.2%
Income from current assets751€0€775€51,986€135,619€126,953▼ 6.4%
Other financial income752/9-€99€444€34,949€486▼ 98.6%
Financial charges65/66B€85,742€122,373€97,766€79,115€185,649▲ 135%
Recurring financial charges65€85,742€122,373€97,766€79,115€185,649▲ 135%
Debt charges650€64,787€56,818€60,484€71,813€83,945▲ 16.9%
Other financial charges652/9€20,955€65,555€37,282€7,302€101,704▲ 1,293%
Profit (loss) for the period before taxes9903€800,541€669,193€625,954€688,433€187,967▼ 72.7%
Income taxes67/77€12,988€89,738€51,404€160,206€8,378▼ 94.8%
Taxes670/3€12,988€89,738€51,657€160,206€11,555▼ 92.8%
Tax adjustments and reversals of tax provisions77--€253-€3,178-
Profit (loss) for the period9904€787,553€579,455€574,550€528,227€179,589▼ 66.0%
Profit (loss) for the period to be appropriated9905€787,553€579,455€574,550€528,227€179,589▼ 66.0%
Line20212022202320242025Change
Assets
Total assets20/58€32.4m€37.7m€40.7m€35.4m€39.6m▲ 11.8%
Fixed assets21/28€3.4m€4.7m€4.4m€3.4m€3.6m▲ 5.8%
Intangible fixed assets21€278,171€223,531€180,129€137,753€118,262▼ 14.1%
Tangible fixed assets22/27€2.4m€2.2m€2.0m€1.9m€1.9m▼ 1.4%
Land and buildings22€1.2m€1.2m€1.1m€1.1m€1.2m▲ 3.7%
Plant, machinery and equipment23€183,550€154,786€135,876€204,692€238,466▲ 16.5%
Furniture and vehicles24€79,543€89,144€71,701€57,781€39,417▼ 31.8%
Other tangible fixed assets26€865,079€807,392€682,107€569,384€485,154▼ 14.8%
Financial fixed assets28€733,740€2.3m€2.2m€1.3m€1.6m▲ 18.3%
Affiliated companies280/1€711,900€411,900€411,900€411,900€411,900=
Participating interests280€711,900€411,900€411,900€411,900€411,900=
Other financial fixed assets284/8€21,840€1.9m€1.8m€926,168€1.2m▲ 26.5%
Shares284-€891,638€891,638€891,638€1.1m▲ 27.7%
Amounts receivable and cash guarantees285/8€21,840€964,394€936,910€34,530€33,220▼ 3.8%
Current assets29/58€29.0m€33.0m€36.3m€32.0m€36.0m▲ 12.5%
Stocks and contracts in progress3€17.9m€21.3m€24.8m€21.1m€25.6m▲ 21.4%
Contracts in progress37€17.9m€21.3m€24.8m€21.1m€25.6m▲ 21.4%
Amounts receivable within one year40/41€4.1m€5.6m€4.9m€4.7m€3.4m▼ 28.5%
Trade receivables40€4.0m€5.5m€4.4m€4.3m€2.8m▼ 34.9%
Other amounts receivable41€141,893€139,959€509,413€388,476€553,831▲ 42.6%
Current investments50/53€1.3m€272,230€5.3m€5.8m€5.7m▼ 2.7%
Other investments51/53€1.3m€272,230€5.3m€5.8m€5.7m▼ 2.7%
Cash at bank and in hand54/58€5.6m€5.6m€1.1m€244,275€1.2m▲ 383%
Deferred charges and accrued income490/1€144,048€179,052€189,917€159,223€203,106▲ 27.6%
Equity and liabilities
Total equity and liabilities10/49€32.4m€37.7m€40.7m€35.4m€39.6m▲ 11.8%
Equity10/15€8.6m€8.9m€9.0m€9.1m€8.8m▼ 3.0%
Contributions10/11€6.0m€6.0m€6.0m€6.0m€6.0m=
Capital10€6.0m€6.0m€6.0m€6.0m€6.0m=
Issued capital100€6.0m€6.0m€6.0m€6.0m€6.0m=
Uncalled capital101----€0-
Reserves13€314,502€343,475€372,202€398,613€407,593▲ 2.3%
Non-distributable reserves130/1€314,502€343,475€372,202€398,613€407,593▲ 2.3%
Legal reserve130€314,502€343,475€372,202€398,613€407,593▲ 2.3%
Profit (loss) carried forward14€2.3m€2.5m€2.6m€2.7m€2.4m▼ 10.5%
Provisions and deferred taxes16€151,795€78,770€99,619€185,754€83,727▼ 54.9%
Provisions for liabilities and charges160/5€151,795€78,770€99,619€185,754€83,727▼ 54.9%
Pensions and similar obligations160€10,070€16,281€18,479€22,671€26,589▲ 17.3%
Other liabilities and charges164/5€141,725€62,489€81,140€163,083€57,138▼ 65.0%
Amounts payable17/49€23.6m€28.7m€31.7m€26.2m€30.7m▲ 17.4%
Amounts payable after more than one year17€1.2m€932,278€699,016€463,847€264,272▼ 43.0%
Financial debts170/4€1.2m€932,278€699,016€463,847€264,272▼ 43.0%
Subordinated loans170€322,500€232,500€142,500€52,500--
Credit institutions173€841,208€699,778€556,516€411,347€264,272▼ 35.8%
Amounts payable within one year42/48€22.2m€27.6m€30.8m€25.6m€30.3m▲ 18.7%
Current portion of amounts payable after more than one year42€271,593€231,430€233,262€235,169€199,575▼ 15.1%
Trade debts44€1.4m€3.3m€4.1m€1.5m€2.0m▲ 37.3%
Suppliers440/4€1.4m€3.3m€4.1m€1.5m€2.0m▲ 37.3%
Advances received on contracts in progress46€18.9m€22.7m€24.6m€21.3m€25.4m▲ 18.9%
Taxes, remuneration and social security45€795,672€725,999€980,720€1.1m€1.1m▲ 2.6%
Taxes450/3€24,000€129,382€43,678€150,942€69,792▼ 53.8%
Remuneration and social security454/9€771,672€596,617€937,041€953,057€1.1m▲ 11.5%
Other amounts payable47/48€810,037€607,795€842,200€1.4m€1.6m▲ 13.8%
Accrued charges and deferred income492/3€239,554€223,311€201,119€158,050€147,167▼ 6.9%
Line20212022202320242025Change
Profit (loss) for the period9904€787,553€579,455€574,550€528,227€179,589▼ 66.0%
+ Depreciation and write-downs630€360,362€361,666€360,869€359,600€351,931▼ 2.1%
Operating cash flow (approximation)€1.1m€941,121€935,419€887,827€531,520▼ 40.1%
Investment in fixed assets (approximation)--€1.7m-€70,637€649,068-€549,909▼ 185%
Change in cash-€4,004-€4.5m-€828,731€934,929▲ 213%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €179,589 ▼66%
Net result drops to €179,589, the lowest in the series.
11-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
05-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
25-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
10-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €803,171 ▲10.9%
Net result €803,171, the highest in the series.
16-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
06-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
16-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 50 acts read
About the unread acts

We know of 50 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
50 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, Liège · 2 establishment units since 1988
seat establishment All 2 establishment units on the map
Ground area
6,637 m²
Building footprint
2,254 m²
Volume, LiDAR
20,700 m³
2 parcels, Flanders, Wallonia · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
SPACEBEL SA
Rue des Chasseurs-Ardennais 6, 4031 LiègeScientific research and development
since 19882.040.785.176
Ildefonse Vandammestraat 7, 1560 Hoeilaart
Scientific research and development
since 19902.040.785.077
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23033C0080/00H016 Flanders 3,343 m² 1 · 1,079 m² 17.1 m · 4 fl.
62002C0005/00E003 Wallonia 3,295 m² 1 · 1,175 m² 9.7 m · 2 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.

Structure & network

Part of the group Wallonie Entreprendre 33 companies Group, risk and exposure

Owners and holdings

2 owners · 3 holdings

Chain of control

  1. Wallonie Entreprendre 59.57%
  2. SPACEBEL

Highest known parent: Wallonie Entreprendre. The sources do not say who stands above it.

Owners 2

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 3

According to the 2025 annual accounts of SPACEBEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 4 entries · 269,097 EUR awarded · 213,000 EUR paid
Year Entries awardedpaid
2025 2 0 EUR71,000 EUR
2024 1 0 EUR71,000 EUR
2023 1 269,097 EUR71,000 EUR
Schemes
4 entries · 269,097 EUR · 213,000 EUR paid · Fonds voor Innoveren en Ondernemen

European Union, budget

2021 to 2023 · 8 entries · 3,026,425 EUR in total
Year Entries awarded
2023 6 2,447,144 EUR
2021 2 579,280 EUR
Projects
IMPLEMENTATION OF THE `PRODUCT AND SERVICE INDEPENDENT REVIEW AND EVALUATION AND `TECHNICAL USER GROUP INTERFACE
European Space Programme · 07-12-2021 to 28-11-2024 · 1,473,097 EUR
ODINS EYE II - MULTINATIONAL DEVELOPMENT INITIATIVE FOR A SPACE-BASED MISSILE EARLY-WARNING ARCHITECTURE II
European Defence Fund · 04-09-2024 to 03-09-2027 · 999,990 EUR
MINEYE - MINEYE - EARTH OBSERVATION TECHNIQUES FOR MINE LIFE CYCLE MONITORING USING ML-BASED DATA FUSION APPROACH
Horizon Europe · 01-01-2024 to 31-12-2027 · 458,106 EUR
EDIDP-SSAEW-EW-2020-049 — ODIN'S EYE
European Defence Fund · 01-12-2021 to 30-11-2023 · 95,231 EUR

European research

10 projects · 2 as coordinator · 4,352,337 EUR EU contribution
Programmes
6 entries · 2,609,650 EUR
3 entries · 1,284,582 EUR
1 entry · 458,105 EUR
Projects
GENeric European Sustainable Information Space for Environment
Seventh Framework Programme · participant · 01-09-2008 to 31-08-2011 · 1,033,031 EUR · GENESIS
Nurturing Africa Digital Revolution for Agriculture
Horizon 2020 · coordinator · 01-11-2017 to 31-07-2020 · 598,281 EUR · NADiRA
Modelling crisis management for improved action and preparedness
Seventh Framework Programme · participant · 01-03-2012 to 31-08-2015 · 528,759 EUR · CRISMA
MINEYE - EARTH OBSERVATION TECHNIQUES FOR MINE LIFE CYCLE MONITORING USING ML-BASED DATA FUSION APPROACH
Horizon Europe · participant · 01-01-2024 to 31-12-2027 · 458,105 EUR · MINEYE
Integrated Risk Management for Africa
Seventh Framework Programme · participant · 01-06-2008 to 31-12-2009 · 374,763 EUR · IRMA
Show 5 more projects
Odour MoNitoring and Information System based on CItizEN and Technology Innovative Sensors
Seventh Framework Programme · coordinator · 01-10-2012 to 30-09-2014 · 370,653 EUR · OMNISCIENTIS
Data-Driven Bioeconomy
Horizon 2020 · participant · 01-01-2017 to 31-12-2019 · 364,590 EUR · DataBio
European Group of Enterprises for a Network of Information Using Space
Horizon 2020 · participant · 01-10-2016 to 30-11-2018 · 321,711 EUR · EUGENIUS
geoland2 - towards an operational GMES Land Monitoring Core Service
Seventh Framework Programme · participant · 01-09-2008 to 31-12-2012 · 173,499 EUR · GEOLAND2
GEOSS INSPIRE and GMES an Action in Support
Seventh Framework Programme · participant · 01-06-2008 to 31-05-2010 · 128,945 EUR · GIGAS

Similar companies · same sector, comparable size

Of 2,727 companies in sector 63100 we hold annual accounts for 1,271. 174 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435536532
Also 9925:BE0435536532
Registered 10-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.