URBAN SPACE
ActiveSummary
The computed 12-month bankruptcy probability of URBAN SPACE is 15.8% (high). The 2024 annual accounts show equity of €53,891 and a net result of -€4,039. Equity has been shrinking by about 7.7% per year since 2020. Its solvency ranks better than 52% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 26-11-2019 Normal situation
- Activity
- Retail sale of other cultural and recreation goods NACE 47690
- Establishment unit
- 2.303.061.595 1420 Braine-l'Alleud, since 26-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 15.8%
- Gross margin
- €45,639
- ▲ 21.2%
- Turnover
- ≈ €420,000
- estimated
- Loss
- €4,039
- ▼ 67.7%
- Equity
- €53,891
- ▼ 7.0%
- Total assets
- €157,856
- ▼ 6.3%
- Employees on 31-12-2024
- 1
- =
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed on 15-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 3 of the last 3 accounts lateFounded in 2019Show the evidence
Checked score
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 50% of them on solvency, 26% on liquidity, 20% on profitability and 29% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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Signals
The company filed its last 5 accounts on average 247 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2024 -€4,039 View
Recent changes
- · Gazette deed Registered office moved from Waterloo to Braine L'alleud
- · Gazette deed Registered office moved from Bruxellles to Waterloo
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as URBAN SPACE: retail sale of other cultural and recreation goods (NACE 47690). They are comparable in size and age: total assets between €121,000 and €193,000, founded between 2018 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| URBAN SPACE Braine-l'Alleud | €157,856 | €45,639 |
| ATELIER DEPLASSE PIANO Tournai | €171,077 | €33,252 |
| HERVE PERDRIOLLE GALLERY Brussel | €154,285 | €64,594 |
| Objects & Sounds Gent | €176,037 | €75,606 |
| CHERRY PICKER Brugge | €148,607 | €20,462 |
| MIO GALLERY Antwerpen | €121,489 | €81,473 |
| INSTAWOOD Brussel | €192,791 | €86,839 |
Key facts about URBAN SPACE
- What is the company number of URBAN SPACE?
- The company number of URBAN SPACE is 0738.418.141. The VAT number is the same number with BE in front: BE 0738.418.141.
- Where is URBAN SPACE based?
- The registered office is at Sentier Scolasse 17, 1420 Braine-l'Alleud.Company details
- What does URBAN SPACE do?
- According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
- What is the legal form of URBAN SPACE?
- The legal form of URBAN SPACE is Private limited company (BV).
- When was URBAN SPACE founded?
- URBAN SPACE was founded on 26-11-2019.
- Is URBAN SPACE still active?
- Yes, URBAN SPACE is an active enterprise in the KBO register.
- How many employees does URBAN SPACE have?
- URBAN SPACE had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of URBAN SPACE?
- The turnover in financial year 2024 is ≈ €420,000. This figure is estimated from the gross margin of €45,639 and 370 comparable companies (NACE 47). It probably lies between €240,000 and €700,000.
- Is URBAN SPACE profitable?
- In financial year 2024, URBAN SPACE made a loss of €4,039.
- Where can I find the annual accounts of URBAN SPACE?
- URBAN SPACE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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