TEXTSPACE
ActiveTEXTSPACE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €9k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-14
Solvency60▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.15 in 2024; short-term debt: 11.9% and cash: 9.7% of total assets), and 65% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35%
Return on assets
1.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
24 d early
2023
30 d early
2022
25 d early
2021
18 d late
2020
17 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€172k▲ 4.5%
2024 · €164k
2018: €64k
2019: €80k
2020: €98k
2021: €108k
2022: €120k
2023: €143k
2024: €164k
2018 → 2025
Total assets
€491k▲ 1.2%
2024 · €485k
2018: €483k
2019: €475k
2020: €468k
2021: €476k
2022: €471k
2023: €480k
2024: €485k
2018 → 2025
Net result
€9k▼ 60.1%
2024 · €23k
2018: €12k
2019: €18k
2020: €19k
2021: €24k
2022: €15k
2023: €25k
2024: €23k
2018 → 2025
Working capital
€2k▼ 72.0%
2024 · €9k
2018: €-34k
2019: €-21k
2020: €-8k
2021: €-3k
2022: €4k
2023: €-500
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€120k▲ 11.0%€143k▲ 19.5%€164k▲ 14.7%€172k▲ 4.5%
Operating result€42k-€29k▼ 30.6%€42k▲ 47.4%€40k▼ 5.9%€24k▼ 40.0%
Net result€24k-€15k▼ 38.3%€25k▲ 65.4%€23k▼ 8.8%€9k▼ 60.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €491k
Fixed assets
€430k▲ 2.8%
Current assets
€61k▼ 8.9%
Equity and liabilities €491k
Equity
€172k▲ 4.5%
Debt
€319k▼ 0.5%
The debt ratio falls from 66.1% to 65.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €55k
Cash flow
€26k▼
2024 · €38k
Solvency
35.0%▲
2024 · 33.9%
Current ratio
1.04▼
2024 · 1.15
Quick ratio
1.04▼
2024 · 1.15
Debt / equity
1.86▼
2024 · 1.95
ROE
5.3%▼
2024 · 13.9%
ROA
1.9%▼
2024 · 4.7%
Interest coverage
3.55▼
2024 · 4.80
Debt
€319k▼
2024 · €321k
Debt ≤ 1 year
€58k▲
2024 · €58k
Debt > 1 year
€261k▼
2024 · €262k
Income taxes
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€485k€491k▲
Fixed assets21/28€418k€430k▲
Tangible fixed assets22/27€418k€430k▲
Land and buildings22€413k€425k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€3k€2k▼
Assets under construction and advance payments27-€1k
Current assets29/58€67k€61k▼
Amounts receivable within one year40/41€17k€12k▼
Trade receivables40€17k€10k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€48k€48k▼
Deferred charges and accrued income490/1€1k€546▼
Equity and liabilities
Total equity and liabilities10/49€485k€491k▲
Equity10/15€164k€172k▲
Contributions10/11€19k€19k=
Reserves13€2k€11k▲
Distributable reserves133€2k€11k▲
Profit (loss) carried forward14€144k€142k▼
Amounts payable17/49€321k€319k▼
Amounts payable after more than one year17€262k€261k▼
Financial debts170/4€262k€261k▼
Amounts payable within one year42/48€58k€58k▲
Current portion of amounts payable after more than one year42€17k€22k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€5k€793▼
Taxes450/3€5k€793▼
Other amounts payable47/48€32k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€17k▲
Other operating charges640/8€526€526=
Gross operating margin9900€56k€41k▼
Operating profit (loss)9901€40k€24k▼
Financial income75/76B€10€8▼
Recurring financial income75€10€8▼
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€28k€13k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€23k€9k▼
Profit (loss) for the period to be appropriated9905€23k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€145k€153k▲
Profit (loss) brought forward from the previous period14P€123k€144k▲
Transfer to equity691/2-€9k
To other reserves6921-€9k
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €9k ▼60.1%
Net result drops to €9k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €164k ▲14.7%
7 profitable years in a row build equity to €164k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €25k ▲65.4%
Operating result €42k, net result €25k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
31-12
Financial
Equity above €100kEq €108k ▲10.5%
4 profitable years in a row build equity to €108k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Mérodestraat 2181060 Sint-Gillis (bij-Brussel)Ground area
237 m²
Building footprint
201 m²
Volume, LiDAR
2,093 m³
Parcel 21562A0458/00L003, Brussels · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TEXTSPACE
since 20162.251.055.442
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0458/00L003 | Brussels | 237 m² | 1 · 201 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Clod Services
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KOMON
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MEDIATEC
BE 0897.799.435
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VMAC
BE 0890.371.512
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Egeo
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2016
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.