ESPACE ELECTRO
ESPACE ELECTRO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €264k and a net result of €-18k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 80% of 3570 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €264k |
| Net result | €-18k |
| Staff (FTE) | 2 |
| Better than sector | 80% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 66.8% | 40.0% | |
| Net result | €-18k | €29k | |
| Equity | €264k | €287k | |
| Gross operating margin | €98k | €292k | |
| Staff costs | €88k | €363k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | -57.9% | +41.8% | +119.6% | - |
| EBITDA | - | +79.5% | -52.8% | - |
| Net profit | - | +85.3% | -56.0% | - |
| Cash flow | - | +61.7% | -48.9% | - |
| Staff costs | +12.5% | +33.2% | +193.5% | - |
| Income taxes | -98.9% | +114.9% | -60.4% | - |
| Dividends | - | - | - | - |
| Total assets | -18.4% | +9.2% | +17.5% | - |
| Equity | -6.4% | +9.8% | +11.4% | - |
| Debt | -39.7% | +9.6% | +31.9% | - |
| of which ≤ 1y | -38.4% | +17.3% | +64.7% | - |
| of which > 1y | -55.3% | -37.2% | -41.3% | - |
| Working capital | +33.0% | +1.1% | -37.2% | - |
| Employees (FTE) | 0.0% | +33.3% | +400.0% | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 2.86 | 1.86 | 2.00 | 3.62 |
| Quick ratio | 2.55 | 1.45 | 1.56 | 3.62 |
| Working capital ratio | 48.1% | 29.5% | 31.8% | 59.5% |
| Solvency | 66.8% | 58.2% | 57.9% | 61.1% |
| Debt / equity | 0.41 | 0.64 | 0.64 | 0.54 |
| Long-term debt ratio | 0.02 | 0.05 | 0.09 | 0.17 |
| Interest coverage | -1.14 | 23.45 | 12.04 | 29.89 |
| Gross margin | 16.0% | 13.3% | 9.6% | -11.9% |
| Net margin | -3.6% | 4.1% | 3.2% | 15.8% |
| ROA | -4.5% | 10.1% | 5.9% | 15.8% |
| ROE | -6.8% | 17.3% | 10.2% | 25.9% |
| EBITDA margin | -0.8% | 6.9% | 5.4% | 25.3% |
| Days sales outstanding | 138d | 33d | 41d | 62d |
| Days payable outstanding | 62d | 40d | 56d | 31d |
| Inventory turnover | 12.99 | 14.84 | 12.14 | - |
| Days inventory (DSI) | 28d | 25d | 30d | - |
Full annual accounts (29 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €395k | €484k | €443k | €377k |
| Fixed assets | 21/28 | €103k | €176k | €161k | €67k |
| Formation expenses | 20 | - | - | - | €0 |
| Tangible fixed assets | 22/27 | €20k | €72k | €60k | €67k |
| Financial fixed assets | 28 | €84k | €104k | €102k | €306 |
| Current assets | 29/58 | €292k | €308k | €282k | €310k |
| Stocks & contracts in progress | 3 | €32k | €69k | €62k | - |
| Amounts receivable within one year | 40/41 | €230k | €139k | €138k | €175k |
| Investments | 50/53 | - | - | - | €0 |
| Cash & bank | 54/58 | €3k | €73k | €58k | €132k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €395k | €484k | €443k | €377k |
| Equity | 10/15 | €264k | €282k | €257k | €230k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €262k | €262k | €238k | €208k |
| Accumulated profits (losses) | 14 | €-17k | €1k | €225 | €4k |
| Provisions & deferred taxes | 16 | €23k | €23k | €23k | €23k |
| Amounts payable | 17/49 | €108k | €180k | €164k | €124k |
| Amounts payable after one year | 17 | €6k | €14k | €22k | €38k |
| Amounts payable within one year | 42/48 | €102k | €166k | €141k | €86k |
| Trade debts payable within one year | 44 | €70k | €112k | €114k | €36k |
| Income statement | |||||
| Turnover | 70 | €495k | €1.18M | €829k | €377k |
| Gross operating margin | 9900 | €98k | €171k | €106k | €118k |
| Operating result | 9901 | €-14k | €66k | €32k | €78k |
| Financial income | 75 | €172 | €917 | €5k | €2k |
| Financial charges | 65 | €4k | €3k | €4k | €3k |
| Result before taxes | 9903 | €-18k | €63k | €33k | €76k |
| Income taxes | 67/77 | €155 | €14k | €7k | €17k |
| Net result for the period | 9904 | €-18k | €49k | €26k | €60k |
| Result to be appropriated | 9905 | €-18k | €49k | €26k | €60k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 30-12-1993 |
| Status | Active |
| Postal code | 7742 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57037C0013/00T000 | Wallonia | 125 m² | 1 · 49 m² | 10.4 m · 3 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-03-2023 Registered office moved from PERUWELZ to HERINNES-LES-PECQ
- Rue de la Garenne, 95 A 7608 PERUWELZ (WIERS) → Chaussée d'Audenarde, 373 à 7742 HERINNES-LES-PECQ
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Chauss\u00E9e d\u0027Audenarde, 373 \u00E0 7742 HERINNES-LES-PECQ",
"city": "HERINNES-LES-PECQ",
"region": "waals_gewest",
"street": "Chauss\u00E9e d\u0027Audenarde",
"country": "BE",
"postcode": "7742",
"box_number": null,
"street_number": "373",
"locality_suffix": null
},
"old_address": {
"raw": "Rue de la Garenne, 95 A 7608 PERUWELZ (WIERS)",
"city": "PERUWELZ",
"region": "waals_gewest",
"street": "Rue de la Garenne",
"country": "BE",
"postcode": "7608",
"box_number": "A",
"street_number": "95",
"locality_suffix": "(WIERS)"
},
"effective_date": "2023-01-02",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-03-01",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-01-02",
"unanimous": true
},
"subject_company": {
"kbo": "0451.532.921",
"name_full": "ESPACE ELECTRO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "BARBIER Fran\u00E7ois",
"org_rep_person_name": null,
"person_role_at_subject": "Pr\u00E9sident"
},
"co_filed_documents": []
}| Legal nameFR | ESPACE ELECTRO |