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SpaceX

Active
Private limited companyfounded 20214 yrs activeLouizalaan 283, 1050 Brussel, BelgiumKBO/BCE: BE 0779.823.778
Summary

The computed 12-month bankruptcy probability of SpaceX is 5.5% (elevated). The 2024 annual accounts show equity of €1.77M and a net result of €-97k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability28▼-1
Solvency78▲+78
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.01 in 2023; short-term debt: 45.7% and cash: 0% of total assets), and 47.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
52.9%
Return on assets
-2.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
124 d late
2023
68 d late
2022
66 d late
2021
115 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€1.77M
2023 · €-347k
2021: €-169k 2022: €-311k▼ -83.8% vs 2021 2023: €-347k▼ -11.7% vs 2022lowest in 4 years 2024: €1.77M▲ +610% vs 2023highest in 4 years
2021 → 2024
Total assets
€3.35M▲ 216%
2023 · €1.06M
2021: €712klowest in 4 years 2022: €1.08M▲ +52.0% vs 2021 2023: €1.06M▼ -2.0% vs 2022 2024: €3.35M▲ +216% vs 2023highest in 4 years
2021 → 2024
Net result
€-97k▼ 166%
2023 · €-36k
2021: €-3khighest in 4 years 2022: €-142k▼ -4350% vs 2021lowest in 4 years 2023: €-36k▲ +74.4% vs 2022 2024: €-97k▼ -166% vs 2023
2021 → 2024
Working capital
€-1.48M▼ 5.5%
2023 · €-1.40M
2021: €-882khighest in 4 years 2022: €-1.38M▼ -57.0% vs 2021 2023: €-1.40M▼ -1.1% vs 2022 2024: €-1.48M▼ -5.5% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€-169k-€-311k▼ 83.8%€-347k▼ 11.7%€1.77M 2021: €-169k 2022: €-311k▼ -83.8% vs 2021 2023: €-347k▼ -11.7% vs 2022lowest in 4 years 2024: €1.77M▲ +610% vs 2023highest in 4 years
Operating result€-3k-€17k€-36k€-47k▼ 28.1% 2021: €-3k 2022: €17k▲ +646% vs 2021highest in 4 years 2023: €-36k▼ -314% vs 2022 2024: €-47k▼ -28.1% vs 2023lowest in 4 years
Net result€-3k-€-142k▼ 4,350%€-36k▲ 74.4%€-97k▼ 166% 2021: €-3khighest in 4 years 2022: €-142k▼ -4350% vs 2021lowest in 4 years 2023: €-36k▲ +74.4% vs 2022 2024: €-97k▼ -166% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2021: €-3k€-3kNet result 2021: €-3k€-3kOperating result 2022: €17k€17kNet result 2022: €-142k€-142kOperating result 2023: €-36k€-36kNet result 2023: €-36k€-36kOperating result 2024: €-47k€-47kNet result 2024: €-97k€-97k2021202220232024€-150k€-100k€-50k€0Operating result 2022: €17k€17kNet result 2022: €-142k€-142kOperating result 2023: €-36k€-36kNet result 2023: €-36k€-36kOperating result 2024: €-47k€-47kNet result 2024: €-97k€-97k202220232024
The operating result stays negative: a loss of €47k in 2024 against €36k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.35M
Fixed assets €3.30M ▲ 214%
Current assets €54k ▲ 437%
Equity and liabilities €3.35M
Equity €1.77M
Debt €1.58M
Debt finances 47.1% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€78k▲
2023 · €-15k
Cash flow
€28k▲
2023 · €-15k
Current ratio
0.03▲
2023 · 0.01
Debt to equity
0.89▲
2023 · -4.05
ROE
-5.5%
ROA
-2.9%▲
2023 · -3.4%
Interest coverage
1.57
Debt ≤ 1 year
€1.53M▲
2023 · €1.41M
Income taxes
€422
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.06M€3.35M▲
Fixed assets21/28€1.05M€3.30M▲
Tangible fixed assets22/27€1.05M€3.29M▲
Land and buildings22€670k€3.17M▲
Furniture and vehicles24-€121k
Assets under construction and advance payments27€382k-
Financial fixed assets28-€10k
Current assets29/58€10k€54k▲
Amounts receivable within one year40/41-€53k
Other amounts receivable41-€53k
Current investments50/53€8k-
Cash at bank and in hand54/58€2k€70▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€3.35M▲
Equity10/15€-347k€1.77M▲
Contributions10/11€31k€31k=
Revaluation surpluses12-€2.21M
Profit (loss) carried forward14€-378k€-475k▼
Amounts payable17/49€1.41M€1.58M▲
Amounts payable within one year42/48€1.41M€1.53M▲
Trade debts44€15k-
Suppliers440/4€15k-
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€1.39M€1.52M▲
Accrued charges and deferred income492/3-€50k
Income statement Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€125k▲
Other operating charges640/8-€2k
Gross operating margin9900€-15k€80k▲
Operating profit (loss)9901€-36k€-47k▼
Financial charges65/66B-€50k
Recurring financial charges65-€50k
Profit (loss) for the period before taxes9903€-36k€-96k▼
Income taxes67/77-€422
Profit (loss) for the period9904€-36k€-97k▼
Profit (loss) for the period to be appropriated9905€-36k€-97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-378k€-475k▼
Profit (loss) brought forward from the previous period14P€-342k€-378k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2021202220232024Change
Non-recurring operating income76A---€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€21k€21k€125k▲ 483%
Other operating charges640/8€2k--€2k-
Gross operating margin9900€-820€38k€-15k€80k▲ 633%
Operating profit (loss)9901€-3k€17k€-36k€-47k▼ 28.1%
Financial charges65/66B€66€154k-€50k-
Recurring financial charges65€66€154k-€50k-
Profit (loss) for the period before taxes9903€-3k€-137k€-36k€-96k▼ 164%
Income taxes67/77-€4k-€422-
Profit (loss) for the period9904€-3k€-142k€-36k€-97k▼ 166%
Profit (loss) for the period to be appropriated9905€-3k€-142k€-36k€-97k▼ 166%
Line2021202220232024Change
Assets
Total assets20/58€712k€1.08M€1.06M€3.35M▲ 216%
Fixed assets21/28€712k€1.07M€1.05M€3.30M▲ 214%
Tangible fixed assets22/27€712k€1.07M€1.05M€3.29M▲ 213%
Land and buildings22€712k€691k€670k€3.17M▲ 373%
Furniture and vehicles24---€121k-
Assets under construction and advance payments27-€382k€382k--
Financial fixed assets28---€10k-
Current assets29/58€23€10k€10k€54k▲ 437%
Amounts receivable within one year40/41---€53k-
Other amounts receivable41---€53k-
Current investments50/53-€8k€8k--
Cash at bank and in hand54/58€23€2k€2k€70▼ 96.6%
Equity and liabilities
Total equity and liabilities10/49€712k€1.08M€1.06M€3.35M▲ 216%
Equity10/15€-169k€-311k€-347k€1.77M▲ 610%
Contributions10/11€31k€31k€31k€31k=
Revaluation surpluses12---€2.21M-
Profit (loss) carried forward14€-200k€-342k€-378k€-475k▼ 25.5%
Amounts payable17/49€882k€1.39M€1.41M€1.58M▲ 12.1%
Amounts payable within one year42/48€882k€1.39M€1.41M€1.53M▲ 8.6%
Trade debts44€2k€15k€15k--
Suppliers440/4€2k€15k€15k--
Taxes, remuneration and social security45€134€4k€4k€5k▲ 9.6%
Taxes450/3€134€4k€4k€5k▲ 9.6%
Other amounts payable47/48€880k€1.37M€1.39M€1.52M▲ 9.8%
Accrued charges and deferred income492/3---€50k-
Line2021202220232024Change
Profit (loss) for the period9904€-3k€-142k€-36k€-97k▼ 166%
+ Depreciation and write-downs630-€21k€21k€125k▲ 483%
Operating cash flow (approximation)€-3k€-120k€-15k€28k▲ 287%
Investment in fixed assets (approximation)-€-382k€0€-2.37M-
Change in cash-€2k€0€-2k-

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

2025
02-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
31-12
Financial Equity above €1MEq €1.77M
Equity rises from €-347k to €1.77M.
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
05-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
23-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Brussel
exact location from the address register On OpenStreetMap
Ground area
3,384 m²
Building footprint
2,779 m²
Volume, LiDAR
47,299 m³
Parcel 21807G0172/00G000, Brussels · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
71 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0172/00G000 Brussels 3,384 m² 1 · 2,779 m² 31.7 m · 8 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

984500AB57A3B7E9AF80
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded28-12-2021
Fiscal year end31-12

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