Espaces Enfance
ActiveEspaces Enfance has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €987k and a net result of €24k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 513 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency89▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 2.25 in 2023; short-term debt: 28.9% and cash: 27% of total assets), and 36.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.7%
Return on assets
1.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
34 d early
2022
59 d early
2021
53 d early
2020
52 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▲ 27.5%
2023 · €19k
2018: €55k
2019: €401k
2020: €224k
2021: €96k
2022: €70k
2023: €19k
2018 → 2024
Working capital
€180k▼ 62.8%
2023 · €485k
2018: €90k
2019: €95k
2020: €392k
2021: €509k
2022: €524k
2023: €485k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€739k-€835k▲ 13.0%€905k▲ 8.4%€924k▲ 2.1%€987k▲ 6.8%
Operating result€224k-€97k▼ 56.8%€71k▼ 26.9%€19k▼ 73.8%€20k▲ 8.1%
Net result€224k-€96k▼ 57.0%€70k▼ 27.1%€19k▼ 72.9%€24k▲ 27.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets
€923k▲ 57.0%
Current assets
€628k▼ 28.0%
Equity and liabilities €1.55M
Equity
€987k▲ 6.8%
Provisions
€93k▼ 7.2%
Debt
€471k▲ 8.0%
The debt ratio rises from 29.9% to 30.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▼
2023 · €70k
Cash flow
€74k▲
2023 · €71k
Solvency
63.7%▲
2023 · 63.3%
Current ratio
1.40▼
2023 · 2.25
Quick ratio
1.40▼
2023 · 2.25
Debt / equity
0.48▲
2023 · 0.47
ROE
2.4%▲
2023 · 2.1%
ROA
1.6%▲
2023 · 1.3%
Interest coverage
27.70▼
2023 · 53.04
Debt
€471k▲
2023 · €436k
Debt ≤ 1 year
€448k▲
2023 · €388k
Debt > 1 year
€23k=
2023 · €23k
Staff costs
€2.67M▲
2023 · €2.35M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.46M€1.55M▲
Fixed assets21/28€588k€923k▲
Intangible fixed assets21€2k€89▼
Tangible fixed assets22/27€584k€921k▲
Land and buildings22€337k€700k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€13k€9k▼
Other tangible fixed assets26€229k€208k▼
Financial fixed assets28€1k€1k=
Current assets29/58€872k€628k▼
Amounts receivable within one year40/41€266k€185k▼
Other amounts receivable41€266k€185k▼
Cash at bank and in hand54/58€574k€418k▼
Deferred charges and accrued income490/1€32k€25k▼
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.55M▲
Equity10/15€924k€987k▲
Profit (loss) carried forward14€924k€948k▲
Investment grants15-€39k
Provisions and deferred taxes16€100k€93k▼
Provisions for liabilities and charges160/5€100k€93k▼
Other liabilities and charges164/5€100k€93k▼
Amounts payable17/49€436k€471k▲
Amounts payable after more than one year17€23k€23k=
Financial debts170/4€23k€23k=
Amounts payable within one year42/48€388k€448k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€315k€370k▲
Taxes450/3€2k-
Remuneration and social security454/9€313k€370k▲
Accrued charges and deferred income492/3€25k-
Income statement
Code20232024
Remuneration, social security and pensions62€2.35M€2.67M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€50k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€2.43M€2.73M▲
Operating profit (loss)9901€19k€20k▲
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€19k€24k▲
Profit (loss) for the period9904€19k€24k▲
Profit (loss) for the period to be appropriated9905€19k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€924k€948k▲
Profit (loss) brought forward from the previous period14P€905k€924k▲
Social balance
Average headcount (FTE)908764.164.1=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €19k ▼72.9%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €401k ▲634%
Net result €401k, the highest in the series.
31-12
Financial
Equity above €500kEq €515k ▲353%
2 profitable years in a row build equity to €515k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Gillis (bij-Brussel) · 6 establishment units since 1998
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.
Denemarkenstraat 15-171060 Sint-Gillis (bij-Brussel)Ground area
2.9 ha
Building footprint
5,411 m²
Volume, LiDAR
74,333 m³
6 parcels, Brussels · tallest building 24.6 m, ±6 floors. Linked by address, not a title deed.
6 establishment units
Espaces Enfance
since 19982.166.972.575
Espaces Enfance
since 19982.166.972.773
Maison denfants
since 20082.168.847.942
Espaces Enfance’6
since 20142.242.101.550
Espaces Enfance’7
since 20172.262.372.372
Cuisine de Formation
since 20232.343.423.988
6 parcels
Brussels
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0416/00R000 | Brussels | 1.5 ha | 1 · 487 m² | 12.3 m · 2 fl. |
| 21809K1829/00B000 | Brussels | 6,666 m² | 1 · 3,019 m² | 23.3 m · 6 fl. |
| 21809K1420/00G000 | Brussels | 4,945 m² | 1 · 309 m² | 24.6 m · 6 fl. |
| 21808H0471/00F000 | Brussels | 1,065 m² | 1 · 753 m² | 24.3 m · 2 fl. |
| 21806F0064/00W008 | Brussels | 551 m² | 1 · 494 m² | 18.5 m · 3 fl. |
| 21562A0435/00L003 | Brussels | 349 m² | 1 · 349 m² | 15.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Wallonia-Brussels Federation
2024 to 2025 · 15 entries · 1,467,451 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 8 | 777,887 EUR |
| 2024 | 7 | 689,564 EUR |
Budget allocations
Sub. - PV : Crèches
Rétro. / Récup. Sub. - PV : Crèches
Recognitions · licences · registrations
Food safety, FASFC
6 sitesBrussel2.166.972.575
Brussel2.166.972.773
Brussel2.242.101.550
Brussel2.262.372.372
Show 2 more sites
Ukkel2.168.847.942
Ukkel2.343.423.988
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Of 1,590 companies in sector 88911 we hold annual accounts for 705. 413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded07-12-1998
Fiscal year end31-12
Activities, NACEBEL
85321
88911Day nurseries and crèches
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.
Contact details
1 entryE-mail:philippe.delfosse@espacesenfance.be