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SPACEMAKERS

Active Private limited companyfounded 2024active for 2 yearsMoenkouterstraat 3, 8552 ZwevegemKBO/BCE: BE 1005.853.079

Lifetime

2 annual accounts with figures on one time axis
peak €31,772 (2026)
€31,772▲ €37,992
lowest -€9,017 (2025)
€15,461▲ €24,478
peak €12,444 (2026)
€12,444▲ €15,461
€21,982▼ 7.2%
peak 0 FTE (2025)
0 FTE 
Board3 names since 2024
3 directorsFelix Frans Ernest YSENBAERT and 2 others
Owners2 names in the annual accounts
  
Documentsfilings and deeds
14-07-2026109 days before the deadline
2026abbreviated format
Gross margin from -€6,220 to €31,772Back to profit: €15,461Equity from -€3,017 to €12,444Investments €9,582

Key points

from the 2026 annual accounts

Investments

€9,582 2.7 × depreciation
20252026

Green is investment, beige is depreciation. Machinery stands 1050.3% higher than in 2025.

Liquidity

1.09 was 0.69 in 2025

Short-term debts fell from €23,680 to €21,982.

Position in the sector

€12,444

Less equity than 80% of companies in creative and performing arts. Sector median €65,041 · 92 companies.

Checked score

95
Excellent
Financially stronger than 64% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,430 companies (NACE 90, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 03-2025: 0.4% 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025highest value 11-2025: 0.3%▼ -0.3 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

61+51equity 36.1% of total assets
42-4short-term debt 63.9% · cash 20.5%
100+100return on assets 44.9%

Score breakdown

raises risk
Founded in 2024
lowers risk
Sector: Arts creation and performing arts activities (NACE 90)
Liquidity: current ratio 1.09, cash €7,055
Size: total assets €34,426
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 (NACE 90, micro). It does better than 41% of them on solvency, 26% on liquidity, 91% on profitability and 99% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as SPACEMAKERS has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of SPACEMAKERS itself is lower: 0.1% within 12 months. It rests on far more data about SPACEMAKERS than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for SPACEMAKERS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.09 (0.69 in 2025), below the usual 1.5. Short-term debt is 63.9% and cash 20.5% of total assets. 63.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Liquidity: current ratio 1.09, cash €7,055
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €34,426
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-07-2026, 109 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2026
109 days early
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

FF
Director, since 09-02-2024
U
Director, Wout Jozef Demeyere, since 09-02-2024
WD
Director, since 09-02-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1005853079
Incorporation Founding capital of €6,000, 600 shares · Founders: WILLEM DESCHRYVER, UNIT 6 and Felix Frans Ernest YSENBAERT · Appointments: WILLEM DESCHRYVER, Felix Frans Ernest YSENBAERT and UNIT 6 · published on 13-02-2024 · Gazette deed
First establishment Moenkouterstraat 3, Zwevegem
All 6 events

Comparable companies

same main activity, similar in size and age
Company
SPACEMAKERS Zwevegem €34,426 €31,772 36.1% 0
SET THE WAVE Anderlecht €48,638 €31,482 6.2% -
EXTENDED D-PROJECTS Tremelo €53,101 €29,438 68.7% -
BACERODA Dendermonde €43,722 €28,602 48.6% -
KANNEDA Tielt €55,378 €22,757 57.1% -
VN Productions Kortrijk €64,035 €23,825 92.0% -
MedIT Antwerp €33,236 €18,445 46.8% -

These companies have the same main activity as SPACEMAKERS: design and construction of stages and sets (NACE 90392). They are comparable in size and age: total assets between €33,200 and €64,000, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 09-02-2024Normal situation
Activity
Design and construction of stages and setsNACE 90392
Establishment unit
2.356.916.9858552 Zwevegem, since 09-02-2024
Financial year end
31 March
Peppol
Reachable since 29-08-2025
Company details

Annual accounts to 31-03-2026

≈ €91,000estimated
€34,426▲ 66.6%
Filing
Filed on 14-07-2026, 109 days before the end of the filing period
Financials

Insights on SPACEMAKERS

SPACEMAKERS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €12,444 and a net result of €15,461.

Its solvency ranks better than 35% of 92 sector peers (NACE 90, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SPACEMAKERS

What is the company number of SPACEMAKERS?
The company number of SPACEMAKERS is 1005.853.079. The VAT number is the same number with BE in front: BE 1005.853.079.
Where is SPACEMAKERS based?
The registered office is at Moenkouterstraat 3, 8552 Zwevegem.Company details
What does SPACEMAKERS do?
According to the KBO register, the main activity is design and construction of stages and sets (NACE 90392).
What is the legal form of SPACEMAKERS?
SPACEMAKERS is a private limited company (BV).
When was SPACEMAKERS founded?
SPACEMAKERS was founded on 09-02-2024.
Is SPACEMAKERS still active?
Yes, SPACEMAKERS is an active enterprise in the KBO register.
What is the turnover of SPACEMAKERS?
The turnover in financial year 2026 is ≈ €91,000. This figure is estimated from the gross margin of €31,772 and 35 comparable companies (NACE 90). It probably lies between €52,000 and €140,000.Financials
Is SPACEMAKERS profitable?
In financial year 2026, SPACEMAKERS made a profit of €15,461.
Where can I find the annual accounts of SPACEMAKERS?
SPACEMAKERS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of SPACEMAKERS due?
SPACEMAKERS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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