WHITE SPACE LAB
ActiveWHITE SPACE LAB has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €60k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 60% of 4451 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2023
86
/ 100
Excellent▼ -8 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability19▼-23
Solvency98=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.32 against 2.23 in 2022), and 40% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
60%
Return on assets
2.3%
Age of the figures
33 mo
lowers risk · Growing equity
Equity grew over 2021-2023. Profits are largely retained rather than distributed.
NBB · annual accounts 2023Equity per financial year
181920212223
2018 to 2023 · latest year €60k
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-08-2024, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
25 d late
2022
29 d late
2021
21 d late
2020
5 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 53.1%
2022 · €5k
2018: €16k
2019: €-632
2020: €-7k
2021: €4k
2022: €5k
2018 → 2023
Working capital
€53k▲ 5.5%
2022 · €50k
2018: €54k
2019: €54k
2020: €47k
2021: €49k
2022: €50k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€56k-€49k▼ 12.7%€53k▲ 7.7%€57k▲ 9.2%€60k▲ 4.0%
Operating result€-525-€-5k▼ 932%€4k€6k▲ 53.8%€3k▼ 43.6%
Net result€-632-€-7k▼ 1,019%€4k€5k▲ 30.0%€2k▼ 53.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 44% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €99k
Fixed assets
€7k▼ 5.9%
Current assets
€92k▲ 2.0%
Equity and liabilities €99k
Equity
€60k▲ 4.0%
Debt
€40k▼ 2.1%
The debt ratio falls from 41.5% to 40.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€6k▼
2022 · €7k
Cash flow
€5k▼
2022 · €6k
Solvency
60.0%▲
2022 · 58.5%
Current ratio
2.32▲
2022 · 2.23
Quick ratio
2.32▲
2022 · 2.23
Debt / equity
0.67▼
2022 · 0.71
ROE
3.8%▼
2022 · 8.5%
ROA
2.3%▼
2022 · 4.9%
Interest coverage
46.39▼
2022 · 49.50
Debt
€40k▼
2022 · €41k
Debt ≤ 1 year
€40k▼
2022 · €41k
Income taxes
€917▲
2022 · €875
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€98k€99k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Furniture and vehicles24€8k€7k▼
Current assets29/58€91k€92k▲
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€3k€24▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€85k€90k▲
Deferred charges and accrued income490/1-€110
Equity and liabilities
Total equity and liabilities10/49€98k€99k▲
Equity10/15€57k€60k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€49k€52k▲
Amounts payable17/49€41k€40k▼
Amounts payable within one year42/48€41k€40k▼
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€17k€19k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€16k€17k▲
Other amounts payable47/48€16k€16k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Gross operating margin9900€7k€6k▼
Operating profit (loss)9901€6k€3k▼
Financial charges65/66B€147€120▼
Recurring financial charges65€147€120▼
Profit (loss) for the period before taxes9903€6k€3k▼
Income taxes67/77€875€917▲
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€52k▲
Profit (loss) brought forward from the previous period14P€44k€49k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 25 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
21-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 21 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ukkel · 1 establishment unit since 2015
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.
Looflaan 181180 UkkelGround area
472 m²
Building footprint
294 m²
Volume, LiDAR
2,550 m³
2 parcels, Brussels · tallest building 16.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Langeveldstraat 87, 1180 Ukkel
since 20152.251.696.830
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0214/00G004 | Brussels | 245 m² | 1 · 182 m² | 12.4 m · 3 fl. |
| 21618B0422/00G008 | Brussels | 228 m² | 1 · 112 m² | 16.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DW-I
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Jeroen Bauters
BE 0773.627.161
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GAVLENO
BE 1006.553.360
Hasselt · Eq €60k
IMMO LOSHA
BE 0893.093.945
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HIT Services
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Zemst · Eq €60k
Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 38,856 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-11-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
58110Book publishing
58190Other publishing activities, excluding software publishing
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74201Photography, excluding press photography
74209Other photographic activities
90021Arts creation and performing arts activities
90032Arts creation and performing arts activities
90120Visual arts creation
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.