SPACES & OBJECTS DESIGN
ActiveSummary
SPACES & OBJECTS DESIGN has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,648 and a net result of €5,124. Its solvency ranks better than 68% of 11,723 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €13,648
- Profit
- €5,124
Why 97raises riskFounded in 2023lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 3.24, cash €9,069Figures for financial year 2025 (filed 12-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 70% on solvency, 79% on liquidity, 68% on profitability and 85% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 52 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: Laurent BERHAUT-STREEL (director) ·…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 3% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €520 | €630 | ▲ 21.3% |
| Gross operating margin9900 | €9,661 | €9,540 | ▼ 1.2% |
| Operating profit (loss)9901 | €9,141 | €8,910 | ▼ 2.5% |
| Financial income75/76B | €37 | €4 | ▼ 89.1% |
| Recurring financial income75 | €37 | €4 | ▼ 89.1% |
| Financial charges65/66B | €75 | €1,856 | ▲ 25× |
| Recurring financial charges65 | €75 | €1,856 | ▲ 25× |
| Profit (loss) for the period before taxes9903 | €9,103 | €7,058 | ▼ 22.5% |
| Income taxes67/77 | €3,579 | €1,934 | ▼ 46.0% |
| Profit (loss) for the period9904 | €5,524 | €5,124 | ▼ 7.2% |
| Profit (loss) for the period to be appropriated9905 | €5,524 | €5,124 | ▼ 7.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15,011 | €19,252 | ▲ 28.2% |
| Fixed assets21/28 | €1,033 | €1,081 | ▲ 4.6% |
| Tangible fixed assets22/27 | €1,033 | €1,081 | ▲ 4.6% |
| Furniture and vehicles24 | €1,033 | €1,081 | ▲ 4.6% |
| Current assets29/58 | €13,978 | €18,171 | ▲ 30.0% |
| Amounts receivable within one year40/41 | €7,557 | €8,468 | ▲ 12.1% |
| Trade receivables40 | €5,771 | €7,455 | ▲ 29.2% |
| Other amounts receivable41 | €1,786 | €1,013 | ▼ 43.3% |
| Cash at bank and in hand54/58 | €5,705 | €9,069 | ▲ 59.0% |
| Deferred charges and accrued income490/1 | €717 | €634 | ▼ 11.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15,011 | €19,252 | ▲ 28.2% |
| Equity10/15 | €8,524 | €13,648 | ▲ 60.1% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €5,524 | €10,648 | ▲ 92.8% |
| Amounts payable17/49 | €6,487 | €5,604 | ▼ 13.6% |
| Amounts payable within one year42/48 | €6,487 | €5,604 | ▼ 13.6% |
| Trade debts44 | €961 | - | - |
| Suppliers440/4 | €961 | - | - |
| Taxes, remuneration and social security45 | €2,527 | €2,519 | ▼ 0.3% |
| Taxes450/3 | €2,527 | €2,519 | ▼ 0.3% |
| Other amounts payable47/48 | €3,000 | €3,085 | ▲ 2.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,524 | €5,124 | ▼ 7.2% |
| + Depreciation and write-downs630 | €520 | €630 | ▲ 21.3% |
| Operating cash flow (approximation) | €6,044 | €5,754 | ▼ 4.8% |
| Investment in fixed assets (approximation) | - | -€678 | - |
| Change in cash | - | €3,364 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 12-06-2026 | 2026-00156459 |
| 31-12-2024 | micro format | 06-06-2025 | 2025-00123635 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Laurent BERHAUT-STREEL |
|
Owners and capital
Capital and shareholders
- BERHAUT-STREEL Laurent Philippe 100 shares (100%) · €3,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 15-12-2023 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 13 December 2023, SPACES & OBJECTS DESIGN was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 Laurent BERHAUT-STREEL has served as director of the company since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
15-12
Gazette deed
IncorporationAppointment: Laurent BERHAUT-STREEL (director) · Founder · Founding capital9 facts ▸
- Incorporation, 13-12-2023
- Founder, BERHAUT-STREEL Laurent Philippe
- Founding capital, €3,000
- Other provision, “statuts arrêtés” (deed in French)
- Capital
- Registered office clause, “4000 Liège,rue de Campine 246” (deed in French)
- Board rule, 1
- Director appointment, Laurent BERHAUT-STREEL (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements,obligations et activités au nom et pour compte société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62818E0125/00M006 | Wallonia | 119 m² | 1 · 55 m² | 14.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La coordination sécurité chantier; L’architecture d'intérieur,les travaux de décoration et d'aménagement d'espaces; La conception et la…” (deed in French)
8 activities (deed in French)
- La coordination sécurité chantier
- L’architecture d'intérieur,les travaux de décoration et d'aménagement d'espaces
- La conception et la réalisation de stands et maquettes
- La création de mobiliers et d'objets et leur montage
- Les travaux de créations publicitaires,d'illustration,de photographie,de graphisme et de stylisme
- Les études topographiques et urbanistiques
- Les missions de conseils et expertises
- La gestion d'immeubles et de patrimoines
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SPACES & OBJECTS DESIGN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, tout endroit de la Région Wallonne ou de la région de langue française de Belgique par décision de l’organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 14. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, personnes physiques autorisées à exercer profession d'architecte et inscrites au tableau de l'Ordre des Architectes” (deed in French)“Rémunération administrateurs, frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, inscription vis-à-vis société et tiers” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession et transmission d'actions, commun accord,défaut dernier bilan,2 ou 3 derniers bilans selon 1,2 ou 3 exercices ou plus” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Qualité des actionnaires, assemblée sans retard pour dissolution et liquidation ou modification objet” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par assemblée formes modifications statuts, Conseil provincial compétent Ordre des Architectes informé sans retard avec…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, administrateurs en fonction” (deed in French)