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SpaceConnect

Active
Public limited companyfounded 199927 yrs activeSint-Jansbergsesteenweg 415, 3001 Leuven, BelgiumKBO/BCE: BE 0466.564.060
Summary

The computed 12-month bankruptcy probability of SpaceConnect is 2.2% (moderate). For SpaceConnect, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €299,491 and a net result of €65,721. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 10631 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121NACE 74203
1 site
Size
€641,516total assets 2023
Equity
€299,491
Profit
€65,721
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
2.2%
2023 figures too old to score
Structure
Accounts 429 d overdue0 of 4 deeds read
Signals- Figures for FY 2023 (filed 07-11-2024)- 2 financial years not filed after the legal deadline; latest accounts 97 days late; 2 of the last 3 late- Two or more financial years not filed- Filed more than 90 days late+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Founded in 1999Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 72+18
equity 46.7% of total assets
Liquidity 45+1
short-term debt 47.8% · cash 14.9%
Profitability 82+6
return on assets 10.2%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,650 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.2%▼ -41.8% vs 11-2024 01-2025: 0.2%▼ -1.1% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%▲ +3.5% vs 02-2025 04-2025: 0.2%▼ -4.5% vs 03-2025 05-2025: 0.2%▲ +1.8% vs 04-2025 06-2025: 0.2%▼ -3.5% vs 05-2025lowest value 07-2025: 0.2%▲ +18.0% vs 06-2025 08-2025: 0.3%▲ +56.3% vs 07-2025 09-2025: 0.3%▲ +4.9% vs 08-2025 10-2025: 0.4%▲ +19.2% vs 09-2025 11-2025: 0.4%▲ +8.1% vs 10-2025 12-2025: 0.6%▲ +40.6% vs 11-2025 01-2026: 1.3%▲ +130% vs 12-2025 02-2026: 1.3%● 0.0% vs 01-2026 03-2026: 1.4%▲ +7.1% vs 02-2026 04-2026: 1.3%▼ -6.8% vs 03-2026 05-2026: 1.3%● 0.0% vs 04-2026 06-2026: 1.3%● 0.0% vs 05-2026 07-2026: 1.3%● 0.0% vs 06-2026 08-2026: 2.2%▲ +63.7% vs 07-2026highest value 09-2026: 2.2%● 0.0% vs 08-2026highest value 10-2026: 2.2%● 0.0% vs 09-2026highest value
  • Figures for FY 2023 (filed 07-11-2024) raises the probability
  • 2 financial years not filed after the legal deadline; latest accounts 97 days late; 2 of the last 3 late raises the probability
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • Founded in 1999 lowers the probability for this profile
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2023 (filed 07-11-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 97 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline03-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-11-2024, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
97 d late
2022
32 d late
2021
29 d late
2020
31 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Annual accounts filedfiscal year 2022 · abbreviated…
  3. Equity above €200,000Eq €233,771 ▲27.2%

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 429 d late View
  • Positive: Among the best 12% on equitysector median €66,147 · 10,639 companies €299,491 View
  • Positive: Equity rose in 2023from €233,771 to €299,491 ▲ 28.1% View

By topic

Financials

Fiscal year
2023
Total assets
€641,516
Profit
€65,721
Solvency
46.7%
Total assets▼ 21.7%
Net result
20182023
Go to Financials

Timeline

Events
15
Since
2015
  1. 05-11-2024Annual accounts filed
  2. 01-09-2023Annual accounts filed
  3. 31-12-2022Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
16-07-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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