Liquidity
75.83 was 4.30 in 2024
Short-term debts fell from €29,169 to €1,414.
SpareSpace
Lifetime
8 annual accounts with figures on one time axispeak €81,819 (2019)
€13,751▼ 53.4%
lowest -€10,478 (2025)
-€10,478▼ €16,639
peak €132,537 (2024)
€122,060▼ 7.9%
€1,414▼ 95.2%
Board1 name since 2017
1 directorVan Oosterwyck Jo
Documentsfilings and deeds
01-09-202632 days late
2025micro format
Gross margin from €29,479 to €13,751Loss of €10,478Debts from €29,169 to €1,414Cash from €125,287 to €85,556
Key points
from the 2025 annual accountsFilings
8 annual accounts 5 late
The 2019 accounts came latest: 66 days after the end of the period.
Position in the sector
-€10,478
Lower net result than 90% of companies in computer programming and consultancy. Sector median €28,568 · 21,212 companies.
Checked score
95
Excellent
Financially stronger than 59% of micro companies in computer programming and consultancy (NACE 62)
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 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Loss of €10,478 (financial year 2025)
lowers risk
Liquidity: current ratio 75.83, cash €85,556
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €123,473
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 62, micro). It does better than 85% of them on solvency, 96% on liquidity, 23% on profitability and 32% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as SpareSpace has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SpareSpace itself is lower: < 0.1% within 12 months. It rests on far more data about SpareSpace 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.
| 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 3,440 companies, not a prediction for SpareSpace. 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 €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 75.83 (4.3 in 2024), above the usual 1.5. Short-term debt is 1.1% and cash 69.3% of total assets. 1.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 32 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
32 days late
2024
13 days early
2023
13 days late
2022
75 days early
2021
52 days early
2020
31 days late
2019
66 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0678900921
Incorporation
published on 28-07-2017 · Gazette deed
First establishment
Parklaan 34, Sint-Gillis (bij-Brussel)
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SpareSpace Sint-Gillis (bij-Brussel) | €123,473 | €13,751 | 98.9% | - |
| Egg3 Forest | €110,067 | €13,616 | 15.6% | - |
| CRYPTO ENGINEERING Schaerbeek | €137,890 | €12,726 | 82.7% | - |
| 3F ADVISORY Woluwe-Saint-Pierre | €129,423 | €14,756 | 80.7% | - |
| FUSARIS Nivelles | €128,497 | €13,268 | 88.7% | - |
| RAMUS.BE Nijlen | €124,654 | €16,090 | -1.7% | - |
| MILART Antwerp | €118,781 | €13,921 | 6.1% | - |
These companies have the same main activity as SpareSpace: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €110,000 and €138,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 26-07-2017Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.266.797.7501060 Sint-Gillis (bij-Brussel), since 26-07-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on SpareSpace
SpareSpace files the micro format. That format states no turnover. The gross margin fell from €38,719 in 2018 to €13,751 in 2025.
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 SpareSpace
- What is the company number of SpareSpace?
- The company number of SpareSpace is 0678.900.921. The VAT number is the same number with BE in front: BE 0678.900.921.
- Where is SpareSpace based?
- The registered office is at Parklaan 34, 1060 Sint-Gillis (bij-Brussel).Company details
- What does SpareSpace do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of SpareSpace?
- SpareSpace is a private limited company (pre-2019) (BVBA).
- When was SpareSpace founded?
- SpareSpace was founded on 26-07-2017.
- Is SpareSpace still active?
- Yes, SpareSpace is an active enterprise in the KBO register.
- What is the turnover of SpareSpace?
- The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €13,751 and 73 comparable companies (NACE 62200). It probably lies between €35,000 and €140,000. It is a rough estimate.Financials
- Is SpareSpace profitable?
- In financial year 2025, SpareSpace made a loss of €10,478.
- Where can I find the annual accounts of SpareSpace?
- SpareSpace filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SpareSpace due?
- SpareSpace must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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