SPACEH
Dissolved and wound up on 14-10-2025Financials · financial year 2024, full format
Annual accounts 2024 filed on 15-07-2025 PDF all 8 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€222,771▲ 12×
2023 · €18,884
Working capital
€1.1m▲ 24.7%
2023 · €900,684
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€4,646
▲ 1.7%
2024
20182024
Net result
€222,771
▲ 12×
2024
20182024
Equity
€1.1m
▲ 24.7%
2024
20182024
Total assets
€1.1m
▲ 25.0%
2024
20182024
Debt
€4,646
▲ 167%
2024
20182024
Working capital
€1.1m
▲ 24.7%
2024
20182024
Staff (FTE)
0
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€0.3m--€0.006m▲ 98.0%-€0.004m▲ 31.0%-€0.004m▼ 0.4%-€0.005m▼ 15.0%-€0.005m▼ 0.9%-€0.005m▲ 1.7%
Net result€16.9m-€2.8m▼ 83.2%€0.2m▼ 94.7%-€0.004m€0.006m€0.02m▲ 219%€0.2m▲ 12×
Equity€0.9m-€0.9m=€0.9m=€0.9m▼ 0.5%€0.9m▲ 0.7%€0.9m▲ 2.1%€1.1m▲ 24.7%
Total assets€18.9m-€3.7m▼ 80.2%€1.1m▼ 71.5%€0.9m▼ 17.9%€0.9m▲ 0.5%€0.9m▲ 2.3%€1.1m▲ 25.0%
Debt€18.0m-€2.9m▼ 84.1%€0.2m▼ 93.4%€0.002m▼ 98.8%€0.001m▼ 74.3%€0.002m▲ 193%€0.005m▲ 167%
Working capital€0.9m-€0.9m=€0.9m=€0.9m▼ 0.5%€0.9m▲ 0.7%€0.9m▲ 2.1%€1.1m▲ 24.7%
Staff (FTE)000
The operating result for 2024 is a loss of €4,646, smaller than the loss of €4,726 in 2023.
Large changes and their cause
- 2024 Net result +1,080% on 2023. The 2024 profit included a one-off income of €215,206.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.1m
Equity
€1.1m ▲ 24.7%
Debt
€4,646 ▲ 167%
Debt's share of the balance-sheet total rises from 0.2% to 0.4%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.00▲
2023 · 0.00
ROE
19.8%▲
2023 · 2.1%
ROA
19.7%▲
2023 · 2.1%
Debt ≤ 1 year
€4,646▲
2023 · €1,740
Income taxes
€1,465
A ratio outside any meaningful range has been withheld (balance sheet total €1.1m, equity €1.1m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 0.8% |
| Gross operating margin9900 | -€0.3m | -€0.005m | -€0.003m | -€0.003m | -€0.004m | -€0.004m | -€0.004m | ▲ 2.3% |
| Operating profit (loss)9901 | -€0.3m | -€0.006m | -€0.004m | -€0.004m | -€0.005m | -€0.005m | -€0.005m | ▲ 1.7% |
| Financial income75/76B | - | - | - | €0 | €0.01m | €0.02m | €0.2m | ▲ 867% |
| Recurring financial income75 | €4.6m | €0.1m | €0.001m | €0 | €0.003m | €0.01m | €0.01m | ▲ 11.0% |
| Non-recurring financial income76B | - | - | - | €0 | €0.008m | €0.01m | €0.2m | ▲ 19× |
| Financial charges65/66B | - | - | - | €44 | €395 | €74 | €141 | ▲ 89.8% |
| Recurring financial charges65 | €0.01m | €88 | €44 | €44 | €395 | €74 | €141 | ▲ 89.8% |
| Profit (loss) for the period before taxes9903 | €16.9m | €2.9m | €0.2m | -€0.004m | €0.006m | €0.02m | €0.2m | ▲ 12× |
| Income taxes67/77 | €0.06m | €0.04m | €0 | - | - | - | €0.001m | - |
| Profit (loss) for the period9904 | €16.9m | €2.8m | €0.2m | -€0.004m | €0.006m | €0.02m | €0.2m | ▲ 12× |
| Profit (loss) for the period to be appropriated9905 | €16.9m | €2.8m | €0.2m | -€0.004m | €0.006m | €0.02m | €0.2m | ▲ 12× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €18.9m | €3.7m | €1.1m | €0.9m | €0.9m | €0.9m | €1.1m | ▲ 25.0% |
| Current assets29/58 | €18.9m | €3.7m | €1.1m | €0.9m | €0.9m | €0.9m | €1.1m | ▲ 25.0% |
| Amounts receivable within one year40/41 | €17.5m | €1.0m | €0.2m | €0.01m | €0 | €0.004m | €0.2m | ▲ 59× |
| Trade receivables40 | - | - | - | - | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | €0.01m | €0 | €0.004m | €0.2m | ▲ 58× |
| Cash at bank and in hand54/58 | €1.4m | €2.7m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 1.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €18.9m | €3.7m | €1.1m | €0.9m | €0.9m | €0.9m | €1.1m | ▲ 25.0% |
| Equity10/15 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €1.1m | ▲ 24.7% |
| Contributions10/11 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Capital10 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Issued capital100 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Legal reserve130 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Profit (loss) carried forward14 | - | - | - | -€0.004m | €0.002m | €0.02m | €0.2m | ▲ 12× |
| Amounts payable17/49 | €18.0m | €2.9m | €0.2m | €0.002m | €0.001m | €0.002m | €0.005m | ▲ 167% |
| Amounts payable within one year42/48 | €18.0m | €2.9m | €0.2m | €0.002m | €0.001m | €0.002m | €0.005m | ▲ 167% |
| Trade debts44 | - | €0.001m | €0 | €0.001m | €0.001m | €0.002m | €0.005m | ▲ 167% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.002m | €0.005m | ▲ 167% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0 | - | - | - |
| Taxes450/3 | - | - | - | €0.002m | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16.9m | €2.8m | €0.2m | -€0.004m | €0.006m | €0.02m | €0.2m | ▲ 12× |
| Operating cash flow (approximation) | €16.9m | €2.8m | €0.2m | -€0.004m | €0.006m | €0.02m | €0.2m | ▲ 12× |
| Change in cash | - | €1.3m | -€1.9m | €0.004m | €0.02m | €0.02m | €0.01m | ▼ 36.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 15-07-2025 | 2025-00271077 | |
| 31-12-2023 | full format | 26-06-2024 | 2024-00166702 | |
| 31-12-2022 | full format | 31-07-2023 | 2023-00296063 | |
| 31-12-2021 | full format | 29-08-2022 | 2022-20336101 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-60700253 | |
| 31-12-2019 | full format | 14-08-2020 | 2020-41800597 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-57700317 | |
| 31-12-2017 | full format | 13-02-2019 | 2019-05200017 |