Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of ESPACE TS is 10.1% (high). The 2024 annual accounts show negative equity (€-22k) and a net result of €-25k. Its solvency ranks better than 5% of 1745 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsSignals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsAdministrative Flags
1 eventFinancials
Annual accounts & ratios
Source: NBB · 2024| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -589.9% | 14.6% | |
| Net result | €-25k | €1k | |
| Equity | €-22k | €5k | |
| Gross operating margin | €-25k | €16k | |
| Total assets | €4k | €46k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-25k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4k |
| Equity | €-22k |
| Debt | €26k |
| of which ≤ 1y | €204 |
| of which > 1y | - |
| Working capital | €956 |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 5.69 |
| Quick ratio | 5.69 |
| Working capital ratio | 25.1% |
| Solvency | -589.9% |
| Debt / equity | -1.17 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -663.4% |
| ROE | 112.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Fixed assets | 21/28 | €3k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €1k |
| Amounts receivable within one year | 40/41 | €966 |
| Cash & bank | 54/58 | €194 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €-22k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €26k |
| Amounts payable within one year | 42/48 | €204 |
| Trade debts payable within one year | 44 | €204 |
| Income statement | ||
| Gross operating margin | 9900 | €-25k |
| Operating result | 9901 | €-25k |
| Financial charges | 65 | €50 |
| Result before taxes | 9903 | €-25k |
| Net result for the period | 9904 | €-25k |
| Result to be appropriated | 9905 | €-25k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Locations & real estate
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73003C0307/00X000 | Flanders | 250 m² | 1 · 266 m² | 9.8 m · 1 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgian State Gazette · acts
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | ESPACE TS |
- 27-10-2025 Address struck