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TREE SPACE

Active Private limited companyfounded 2017active for 8 yearsFrans Vander Elststraat 4, 1950 KraainemKBO/BCE: BE 0686.882.437

Lifetime

8 annual accounts with figures on one time axis
peak €6,767 (2021)
-€724▲ €11,887
lowest -€27,417 (2024)
-€11,869▲ €15,547
peak €11,399 (2022)
-€33,710▼ €11,869
€66,815▲ 1.0%
Board5 names since 2018
3 directors and 2 others
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€12,611 to -€724Loss of €11,8691 director appointed, 1 manager resigning, 1 reappointment 07-04Equity from -€21,840 to -€33,710

Key points

from the 2025 annual accounts

Equity

-€33,710
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€45,109 in three years
-5,8232023-27,4172024-11,8692025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€66,815 202% of the balance sheet
Suppliers 5%Taxes and wages 2%Other 93%

Filings

8 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 538 days after the end of the period.

Position in the sector

-101.8%

Lower solvency than 94% of companies in office administrative support. Sector median 50.2% · 10,252 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,018 companies had the same profile as TREE SPACE has now. Each dot stands for 16 companies, two years later.

82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,018 companies, not a prediction for TREE SPACE. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 24-10-2018
Director
Director
  • deed of 23-11-2018
  • deed of 23-11-2018
  • 15 sharesdeed of 23-11-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0686882437
1 director appointed, 1 manager resigning, 1 reappointment Resignation: (manager) · Reappointment: (director) · Appointment: · General meeting of 01-04-2025 · Gazette deed
1 manager appointed, 2 resignations Transfer of 15 shares from to · Transfer of 10 shares from to · Resignations: (manager) and (manager) · General meeting of 24-10-2018 · Gazette deed
First establishment Frans Vander Elststraat 4, Kraainem
All 18 events

Comparable companies

same main activity, similar in size and age
Company
TREE SPACE Kraainem €33,105 -€724 -101.8% -
EUZCN Machelen (Brab.) €36,158 -€25,099 -83.2% -
Taurus Mechelen €35,595 -€2,331 -143.4% -
Le Moment Wavre €31,804 -€1,567 -78.8% -
Q Invest Antwerp €29,466 -€12,588 86.8% -
Cross Over Innovation Rixensart €34,692 -€20,717 47.3% -
SUGR Antwerp €30,165 -€18,015 96.6% -

These companies have the same main activity as TREE SPACE: other business support services (NACE 82990). They are comparable in size and age: total assets between €29,500 and €36,200, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 28-12-2017Normal situation
Registered office
21 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Other business support servicesNACE 82990
Establishment unit
2.272.481.6531950 Kraainem, since 02-01-2018
Financial year end
31 December
Peppol
Reachable since 28-11-2025
Company details

Annual accounts 2025

€33,105▼ 25.3%
Filing
Filed on 28-08-2026
Financials

Insights on TREE SPACE

TREE SPACE files the micro format. That format states no turnover. The gross margin rose from -€7,393 in 2018 to -€724 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 TREE SPACE

What is the company number of TREE SPACE?
The company number of TREE SPACE is 0686.882.437. The VAT number is the same number with BE in front: BE 0686.882.437.
Where is TREE SPACE based?
The registered office is at Frans Vander Elststraat 4, 1950 Kraainem.Company details
What does TREE SPACE do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of TREE SPACE?
TREE SPACE is a private limited company (BV).
When was TREE SPACE founded?
TREE SPACE was founded on 28-12-2017.
Is TREE SPACE still active?
Yes, TREE SPACE is an active enterprise in the KBO register.
What is the turnover of TREE SPACE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is TREE SPACE profitable?
In financial year 2025, TREE SPACE made a loss of €11,869.
Where can I find the annual accounts of TREE SPACE?
TREE SPACE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TREE SPACE due?
TREE SPACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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