Spacefun
Open bankruptcyA bankruptcy procedure is open for Spacefun according to publications in the Belgian State Gazette; curator: ALEXANDRE BASTENIER.
Summary
The file additionally contains 1 judicial reorganisation. The 2021 annual accounts show negative equity (-€223,731) and a net result of -€128,517.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 29 June 2023
- Supervising judge
- Bert De Greef
- Official Gazette
- 05-07-2023 (pdf) ↗search the document for 2023/127497
Deadlines
- Provisional date payments stopped
- 29 June 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 July 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 August 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 29 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Alexandre BastenierLeon Stynenstraat 63, 2000 Antwerpen 1ab@reyns-advocaten.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Sports, amusement and recreation activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
-€223,731▼ 135%
2020 · -€95,214
Total assets
€150,243▼ 27.5%
2020 · €207,158
Net result
-€128,517▼ 13.0%
2020 · -€113,774
Working capital
-€287,125▼ 41.6%
2020 · -€202,832
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€4,219--€112,780-€124,356▼ 10.3%
Net result-€40--€113,774below the sector's middle half▼ 286,847%-€128,517below the sector's middle half▼ 13.0%
Equity€6,160--€95,214below the sector's middle half-€223,731below the sector's middle half▼ 135%
Total assets€182,119-€207,158within the sector's middle half▲ 13.7%€150,243within the sector's middle half▼ 27.5%
Debt€175,959-€302,372▲ 71.8%€373,973▲ 23.7%
Working capital-€102,866--€202,832below the sector's middle half▼ 97.2%-€287,125below the sector's middle half▼ 41.6%
Solvency3.4%--46.0%below the sector's middle half▼ 49.3pp-148.9%below the sector's middle half▼ 103.0pp
Current ratio0.42-0.33below the sector's middle half▼ 0.090.23below the sector's middle half▼ 0.09
Return on assets (ROA)0.0%--54.9%below the sector's middle half▼ 54.9pp-85.5%below the sector's middle half▼ 30.6pp
Staff (FTE)0.8-1.3within the sector's middle half▲ 62.5%9.7▲ 646%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €124,356 in 2021 against €112,780 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €150,243
Fixed assets
€63,402 ▼ 41.8%
Current assets
€86,841 ▼ 11.6%
Key figures and ratios
EBITDA
-€56,444▲
2020 · -€91,839
Cash flow
-€60,604▲
2020 · -€92,834
Debt to equity
-1.67
Interest coverage
-11.74
Debt ≤ 1 year
€373,966▲
2020 · €301,022
Income taxes
€599=
2020 · €599
Staff costs
€49,663
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €49,663 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,415 | €20,941 | €67,913 | ▲ 224% |
| Other operating charges640/8 | - | - | €3,513 | - |
| Gross operating margin9900 | €117,976 | -€55,034 | -€3,268 | ▲ 94.1% |
| Operating profit (loss)9901 | €4,219 | -€112,780 | -€124,356 | ▼ 10.3% |
| Financial income75/76B | - | - | €1,246 | - |
| Recurring financial income75 | €1,102 | €2,284 | €1,246 | ▼ 45.4% |
| Financial charges65/66B | - | - | €4,807 | - |
| Recurring financial charges65 | €5,169 | €2,679 | €4,807 | ▲ 79.5% |
| Profit (loss) for the period before taxes9903 | €151 | -€113,175 | -€127,917 | ▼ 13.0% |
| Income taxes67/77 | €191 | €599 | €599 | = |
| Profit (loss) for the period9904 | -€40 | -€113,774 | -€128,517 | ▼ 13.0% |
| Profit (loss) for the period to be appropriated9905 | -€40 | -€113,774 | -€128,517 | ▼ 13.0% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €182,119 | €207,158 | €150,243 | ▼ 27.5% |
| Fixed assets21/28 | €109,026 | €108,968 | €63,402 | ▼ 41.8% |
| Intangible fixed assets21 | - | €9,337 | €7,337 | ▼ 21.4% |
| Tangible fixed assets22/27 | €109,026 | €99,631 | €53,065 | ▼ 46.7% |
| Plant, machinery and equipment23 | - | - | €39,313 | - |
| Furniture and vehicles24 | - | - | €2,104 | - |
| Other tangible fixed assets26 | - | - | €11,648 | - |
| Financial fixed assets28 | - | - | €3,000 | - |
| Current assets29/58 | €73,093 | €98,190 | €86,841 | ▼ 11.6% |
| Amounts receivable within one year40/41 | €43,555 | €88,573 | €77,036 | ▼ 13.0% |
| Trade receivables40 | - | - | €74,688 | - |
| Other amounts receivable41 | - | - | €2,348 | - |
| Cash at bank and in hand54/58 | €20,551 | €3,958 | €7,494 | ▲ 89.3% |
| Deferred charges and accrued income490/1 | - | - | €2,311 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €182,119 | €207,158 | €150,243 | ▼ 27.5% |
| Equity10/15 | €6,160 | -€95,214 | -€223,731 | ▼ 135% |
| Contributions10/11 | €6,200 | - | €18,600 | - |
| Profit (loss) carried forward14 | -€40 | -€113,814 | -€242,331 | ▼ 113% |
| Amounts payable17/49 | €175,959 | €302,372 | €373,973 | ▲ 23.7% |
| Amounts payable within one year42/48 | €175,959 | €301,022 | €373,966 | ▲ 24.2% |
| Current portion of amounts payable after more than one year42 | - | - | €15,000 | - |
| Trade debts44 | €149,951 | €245,163 | €305,058 | ▲ 24.4% |
| Suppliers440/4 | - | - | €305,058 | - |
| Taxes, remuneration and social security45 | - | - | €19,603 | - |
| Taxes450/3 | - | - | €5,269 | - |
| Remuneration and social security454/9 | - | - | €14,334 | - |
| Other amounts payable47/48 | - | - | €34,305 | - |
| Accrued charges and deferred income492/3 | - | - | €8 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€40 | -€113,774 | -€128,517 | ▼ 13.0% |
| + Depreciation and write-downs630 | €36,415 | €20,941 | €67,913 | ▲ 224% |
| Operating cash flow (approximation) | €36,376 | -€92,834 | -€60,604 | ▲ 34.7% |
| Investment in fixed assets (approximation) | - | -€20,882 | -€22,347 | ▼ 7.0% |
| Change in cash | - | -€16,593 | €3,536 | ▲ 121% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
05-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 29-06-2023
22-02
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · amicable agreement · event 17-02-2023
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
2021
31-12
Financial
Weakest financial yearnet -€128,517
Net result drops to -€128,517, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wommelgem · 3 establishment units since 2018
Ground area
1.4 ha
Building footprint
3,728 m²
Volume, LiDAR
33,664 m³
4 parcels, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
279
companies at this address
See who is registered here
3 establishment units
Spacefun
since 20182.281.804.046
Spacefun
since 20212.317.962.478
Spacefun
since 20212.317.962.577
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 fl. |
| 72345B1007/00H020 | Flanders | 2,195 m² | 1 · 837 m² | 8.1 m · 2 fl. |
| 31022I0626/00H000 | Flanders | 1,091 m² | 1 · 603 m² | 11.5 m · 2 fl. |
| 71034A1431/00B000indicative | Flanders | 549 m² | - | - |
Linked by address, not proof of ownership
Good to know
3 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXANDRE BASTENIER LEON STYNENSTRAAT 63,
2000 ANTWERPEN 1 |
29-06-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 6,216 EUR awarded · 6,216 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 6,216 EUR | 6,216 EUR |
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Of 298 companies in sector 93293 we hold annual accounts for 190. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
93293Sports, amusement and recreation activities
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
56309Food and beverage service activities
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.