Investments
Green is investment, beige is depreciation.
Green is investment, beige is depreciation.
Short-term debts rose from €5,464 to €18,885.
Less equity than 87% of companies in head offices and management consultancy. Sector median €323,509 · 10,868 companies.
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 35% of them on solvency, 13% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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).
In July 2024, 4,805 companies had the same profile as SPACIOUS has now. Each dot stands for 13 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SPACIOUS itself is lower: 0.2% within 12 months. It rests on far more data about SPACIOUS than the profile alone.
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.
| 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 4,805 companies, not a prediction for SPACIOUS. 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.
Liquidity is insufficient, with a current ratio of 0.74 (3.88 in 2024), below 1. Short-term debt is 52.2% and cash 4.9% of total assets. 63.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SPACIOUS Sint-Genesius-Rode | €36,181 | -€6,160 | 36.2% | - |
| BIZZ NICE Sint-Genesius-Rode | €34,530 | -€395 | 81.0% | - |
| UCANDO Sint-Genesius-Rode | €44,663 | -€7,909 | -84.8% | - |
| MarketingOnly Lennik | €38,127 | -€2,851 | 27.6% | - |
| DIFACO Oud-Heverlee | €36,705 | €964 | 100.0% | - |
| MENGIRA Pajottegem | €42,403 | -€18,117 | -17.0% | - |
| AFFIDO Rotselaar | €46,896 | -€3,578 | -18.4% | - |
These companies have the same main activity as SPACIOUS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €34,500 and €46,900, founded between 2005 and 2010.
SPACIOUS files the abbreviated format. That format states no turnover. The gross margin rose from -€6,276 in 2009 to -€6,160 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 36% of 10,858 companies in 2025.
Higher than 29% of 10,480 companies in 2025.
Lower than 95% of 10,727 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
36,181 | 30,309 | 21,135 | 28,899 | 41,795 | 50,977 | 44,680 | 29,403 | 26,108 | 36,155 | 30,827 | 34,301 | 25,243 | 29,666 | 16,928 | 19,691 | 23,331 | |
21/28 |
22,294 | 9,104 | 11,809 | 16,565 | 20,110 | 4,384 | 1,500 | 1,833 | 4,047 | 10,070 | 15,840 | - | 4,967 | 9,520 | 1,011 | 1,357 | 2,430 | |
22/27 |
22,294 | 9,104 | 11,809 | 16,565 | 20,110 | 4,384 | 1,500 | 1,833 | 4,047 | 10,070 | 15,840 | 21,637 | 4,967 | 9,520 | 1,011 | 1,357 | 2,430 | |
23 |
4,617 | 5,429 | 6,241 | 7,053 | 7,865 | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
17,677 | 3,675 | 5,568 | 9,512 | 12,246 | 4,384 | 1,500 | 1,833 | 4,047 | 10,070 | 15,840 | 21,637 | 4,967 | 9,520 | 1,011 | 1,357 | 2,430 | |
29/58 |
13,887 | 21,205 | 9,326 | 12,334 | 21,684 | 46,593 | 43,180 | 27,570 | 22,060 | 26,085 | 14,987 | 12,664 | 20,276 | 20,146 | 15,917 | 18,334 | 20,901 | |
40/41 |
6,128 | 6,737 | 5,037 | 8,210 | 13,232 | 7,252 | 10,454 | 8,205 | 7,774 | 12,696 | 5,554 | 4,325 | 11,190 | 5,620 | 6,748 | 8,647 | 5,469 | |
40 |
5,346 | 4,121 | 5,037 | 4,840 | 7,794 | 4,902 | 9,309 | 8,205 | 7,774 | 10,918 | 4,676 | 3,619 | 9,946 | 4,605 | 2,088 | 4,271 | 2,631 | |
41 |
782 | 2,616 | - | 3,370 | 5,438 | 2,350 | 1,145 | - | - | 1,778 | 878 | 706 | 1,244 | 1,015 | 4,660 | 4,376 | 2,838 | |
50/53 |
- | - | - | - | - | - | 15,000 | 10,000 | 6,770 | - | - | - | - | - | - | - | - | |
54/58 |
1,758 | 13,022 | 3,439 | 1,637 | 5,999 | 35,934 | 17,726 | 4,584 | 2,692 | 10,869 | 4,779 | 4,799 | 9,071 | 14,526 | 3,951 | 5,080 | 12,825 | |
490/1 |
6,001 | 1,447 | 850 | 2,486 | 2,453 | 3,407 | - | 4,781 | 4,825 | 2,520 | 4,654 | 3,540 | 15 | - | 5,218 | 4,607 | 2,607 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
36,181 | 30,309 | 21,135 | 28,899 | 41,795 | 50,977 | 44,680 | 29,403 | 26,108 | 36,155 | 30,827 | 34,302 | 25,243 | 29,666 | 16,928 | 19,691 | 23,331 | |
10/15 |
13,083 | 24,845 | 9,396 | 24,252 | 35,761 | 29,166 | 28,866 | 14,670 | 8,782 | 10,454 | 6,532 | 4,735 | 7,634 | 15,773 | 3,894 | 3,139 | -82 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
10 |
- | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | - | - | - | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | |
13 |
21,890 | 21,890 | 21,890 | 21,890 | 21,890 | 15,300 | 15,300 | 1,300 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 500 | - | - | |
130/1 |
- | - | - | 1,300 | 1,300 | 1,300 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,300 | 1,300 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 500 | - | - | |
1311 |
- | - | - | 1,300 | 1,300 | 1,300 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
21,890 | 21,890 | 21,890 | 20,590 | 20,590 | 14,000 | 14,000 | - | - | - | - | - | - | - | - | - | - | |
14 |
-18,807 | -7,045 | -22,494 | -7,638 | 3,871 | 3,866 | 3,566 | 3,370 | -2,218 | -546 | -4,468 | -6,265 | -3,366 | 4,773 | -6,606 | -6,861 | -10,082 | |
17/49 |
23,099 | 5,464 | 11,739 | 4,647 | 6,034 | 21,810 | 15,814 | 14,732 | 17,326 | 25,701 | 24,295 | 29,567 | 17,609 | 13,893 | 13,034 | 16,552 | 23,413 | |
17 |
4,214 | - | - | - | - | - | - | - | 1,334 | 9,853 | 11,780 | 16,854 | - | 2,675 | 3,556 | 8,061 | 12,308 | |
170/4 |
4,214 | - | - | - | - | - | - | - | 1,334 | 9,853 | 11,780 | 16,854 | - | 2,675 | 3,556 | 8,061 | 12,308 | |
42/48 |
18,885 | 5,464 | 11,739 | 4,647 | 6,034 | 17,813 | 11,817 | 10,735 | 15,992 | 15,848 | 12,515 | 12,713 | 17,609 | 11,218 | 9,478 | 8,491 | 11,105 | |
42 |
4,050 | - | - | - | - | - | 750 | 2,084 | 5,273 | 1,934 | 5,074 | 6,244 | 2,675 | 7,030 | 4,504 | 4,247 | 4,005 | |
44 |
3,220 | 1,692 | 2,660 | 1,149 | 1,677 | 3,671 | 1,890 | 3,984 | 5,527 | 7,345 | 6,821 | 3,309 | 8,102 | 2,756 | 4,974 | 3,682 | 2,143 | |
440/4 |
3,220 | 1,692 | 2,660 | 1,149 | 1,677 | 3,671 | 1,890 | 3,984 | 5,527 | 7,345 | 6,821 | 3,309 | 8,102 | 2,756 | 4,974 | 3,682 | 2,143 | |
45 |
3,593 | 3,773 | 3,279 | 3,498 | 4,357 | 10,912 | 5,316 | 2,460 | 1,613 | 3,510 | 224 | 3,160 | 6,832 | 1,432 | - | 562 | 4,957 | |
450/3 |
3,593 | 3,773 | 3,279 | 3,498 | 4,357 | 10,912 | 5,316 | 2,460 | 1,613 | 3,510 | 224 | 3,160 | 6,832 | 1,432 | - | 562 | 4,957 | |
47/48 |
8,022 | - | 5,800 | - | - | 3,230 | 3,861 | 2,207 | 3,578 | 3,059 | 396 | - | - | - | - | - | - | |
492/3 |
- | - | - | - | - | 3,997 | 3,997 | 3,998 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | 95,970 | 90,988 | 102,358 | - | - | - | - | - | |
9900 |
-6,160 | 22,272 | -6,791 | -4,573 | 15,650 | 3,871 | 24,461 | 15,891 | 12,103 | 14,064 | 12,742 | 24,703 | 2,521 | 24,851 | 3,475 | 5,939 | -6,276 | |
60/61 |
- | - | - | - | - | - | - | - | - | 81,906 | 78,246 | 77,655 | - | - | - | - | - | |
630 |
3,133 | 4,044 | 4,756 | 4,719 | 2,580 | 1,661 | 1,669 | 4,042 | 7,840 | 7,534 | 6,955 | 11,613 | 4,553 | 5,370 | 842 | 1,073 | 961 | |
640/8 |
181 | 1,672 | 1,551 | 1,666 | 3,925 | 849 | 1,155 | 1,867 | 2,366 | 1,349 | 1,869 | 6,492 | 958 | 3,215 | 1,242 | 844 | 1,184 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 120 | 2,807 | - | - | 100 | |
9901 |
-9,474 | 16,556 | -13,099 | -10,958 | 9,145 | 1,361 | 21,636 | 9,982 | 1,898 | 5,181 | 3,918 | 6,598 | -2,990 | 16,266 | 1,391 | 4,022 | -8,421 | |
75/76B |
0 | 0 | - | 2 | - | - | - | 1 | 8 | 51 | 713 | - | 31 | 24 | 95 | 153 | 70 | |
75 |
0 | 0 | - | 2 | - | - | - | 1 | 8 | 51 | 713 | 41 | 31 | 24 | 95 | 153 | 70 | |
65/66B |
2,003 | 830 | 1,348 | 553 | 771 | 392 | 241 | 345 | 578 | 1,636 | 439 | - | 274 | 983 | 717 | 954 | 1,631 | |
65 |
2,003 | 830 | 1,348 | 553 | 771 | 392 | 241 | 345 | 578 | 430 | 439 | 765 | 274 | 983 | 717 | 954 | 1,631 | |
66B |
- | - | - | - | - | - | - | - | - | 1,206 | - | - | - | - | - | - | - | |
9903 |
-11,477 | 15,727 | -14,446 | -11,509 | 8,374 | 969 | 21,396 | 9,639 | 1,328 | 3,596 | 4,192 | 2,107 | -3,353 | 12,500 | 769 | 3,221 | -10,082 | |
67/77 |
286 | 277 | 410 | -0 | 1,779 | 669 | 7,200 | 3,750 | 3,000 | 3,000 | 4,192 | 5,005 | 4,786 | 621 | 14 | - | - | |
9904 |
-11,763 | 15,450 | -14,856 | -11,509 | 6,595 | 300 | 14,196 | 5,889 | -1,672 | 3,922 | 0 | -2,898 | -8,139 | 11,879 | 755 | 3,221 | -10,082 | |
9905 |
-11,763 | 15,450 | -14,856 | -11,509 | 6,595 | 300 | 14,196 | 5,889 | -1,672 | 3,922 | - | -2,898 | -8,139 | 11,879 | 755 | 3,221 | -10,082 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-18,807 | -7,045 | -22,494 | -7,638 | 10,461 | 3,866 | 17,566 | 3,670 | -2,218 | -546 | -6,264 | -6,264 | -3,366 | 5,273 | -6,106 | -6,861 | -10,082 | |
14P |
-7,045 | -22,494 | -7,638 | 3,871 | 3,866 | - | - | - | - | - | - | -3,366 | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | 1,796 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 6,590 | - | 14,000 | 300 | - | - | - | - | - | 500 | 500 | - | - | |
6920 |
- | - | - | - | - | - | - | 300 | - | - | - | - | - | 500 | 500 | - | - | |
6921 |
- | - | - | - | 6,590 | - | 14,000 | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-06-2026 | 2026-00169362 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00462840 | |
| 31-12-2023 | full format | 14-08-2024 | 2024-00343876 | |
| 31-12-2022 | full format | 01-06-2023 | 2023-00101528 | |
| 31-12-2021 | full format | 05-07-2022 | 2022-20132912 | |
| 31-12-2020 | full format | 23-06-2021 | 2021-23300022 | |
| 31-12-2019 | full format | 11-06-2020 | 2020-16100346 | |
| 31-12-2018 | full format | 18-06-2019 | 2019-19500443 | |
| 31-12-2017 | full format | 28-06-2018 | 2018-24500298 | |
| 31-12-2016 | micro format | 31-12-2017 | 2017-73700355 | |
| 31-12-2015 | full format | 31-10-2016 | 2016-67400452 | |
| 31-12-2014 | full format | 29-09-2015 | 2015-60500157 | |
| 31-12-2013 | full format | 28-08-2014 | 2014-57100291 | |
| 31-12-2012 | full format | 27-08-2013 | 2013-48200600 | |
| 31-12-2011 | full format | 29-08-2012 | 2012-50200387 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-52400344 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-52100051 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -6,341 | 20,600 | -8,343 | -6,239 | 11,725 | 3,022 | 23,306 | 14,024 | 9,737 | 12,715 | 10,873 | 18,211 | 1,563 | 21,636 | 2,233 | 5,095 | -7,460 | ||
| -8,629 | 19,494 | -10,100 | -6,790 | 9,174 | 1,962 | 15,865 | 9,931 | 6,167 | 11,456 | 6,955 | 8,715 | -3,586 | 17,249 | 1,597 | 4,294 | -9,121 | ||
| 16,323 | 1,340 | 0 | 1,136 | 18,306 | 4,545 | 1,336 | 1,827 | 1,817 | 1,768 | 1,158 | 32,044 | 0 | 13,879 | 496 | 0 | 3,391 | ||
| -11,264 | 9,582 | 1,802 | -4,362 | -29,935 | 18,208 | 13,142 | 1,892 | -8,177 | 6,090 | -20 | -4,272 | -5,455 | 10,575 | -1,129 | -7,745 | - | ||
| -4,997 | 15,741 | -2,413 | 7,687 | 15,651 | 28,780 | 31,364 | 16,835 | 6,069 | 10,237 | 2,472 | -49 | 2,667 | 8,928 | 6,439 | 9,843 | 9,796 | ||
| - | - | - | - | - | - | - | - | - | 5.4% | 4.3% | 6.4% | - | - | - | - | - | ||
| 36.2% | 82.0% | 44.5% | 83.9% | 85.6% | 57.2% | 64.6% | 49.9% | 33.6% | 28.9% | 21.2% | 13.8% | 30.2% | 53.2% | 23.0% | 15.9% | -0.4% | ||
| 0.74 | 3.88 | 0.79 | 2.65 | 3.59 | 2.62 | 3.65 | 2.57 | 1.38 | 1.65 | 1.20 | 1.00 | 1.15 | 1.80 | 1.68 | 2.16 | 1.88 | ||
| 1.77 | 0.22 | 1.25 | 0.19 | 0.17 | 0.75 | 0.55 | 1.00 | 1.97 | 2.46 | 3.72 | 6.24 | 2.31 | 0.88 | 3.35 | 5.27 | - | ||
| -89.9% | 62.2% | -158.1% | -47.5% | 18.4% | 1.0% | 49.2% | 40.1% | -19.0% | 37.5% | 0.0% | -61.2% | -106.6% | 75.3% | 19.4% | 102.6% | - | ||
| -32.5% | 51.0% | -70.3% | -39.8% | 15.8% | 0.6% | 31.8% | 20.0% | -6.4% | 10.8% | 0.0% | -8.4% | -32.2% | 40.0% | 4.5% | 16.4% | -43.2% | ||
| -3.17 | 24.82 | -6.19 | -11.27 | 15.21 | - | - | - | - | - | - | 23.81 | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | 42 days | 19 days | 13 days | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | 33 days | 32 days | 16 days | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €16,323 | €1,340 | - | €1,136 | €18,306 |
| €3,133 | €4,044 | €4,756 | €4,719 | €2,580 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €9,474, after a profit of €16,556 in 2024.
Debt's share of the balance-sheet total rises from 18.0% to 63.8%. Equity is lower and debt is higher.
Source: lists of holdings in the owners' accounts
SPACIOUS has no parent and no holdings in its annual accounts. SPACIOUS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Dragonderstraat 33 registered office 1640 Sint-Genesius-Rode | ||
| OSS DESIGN Mercuriuslaan 13, 1180 Uccle | 01-08-2008 | 2.173.238.379 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21612D0116/00F000 | Brussels | 1.8 ha | 1 · 375 m² | 35.0 m · 11 |
| 22004B0162/02C000 | Flanders | 1,095 m² | 1 · 131 m² | 13.7 m · 1 |
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