Financials
Financial year 2025
Espa from Houthalen-Helchteren, company number BE0401296522, closed financial year 2025 with a result of € 698,850 after tax. For that financial year Espa recorded a gross margin of € 2.7 million and equity of € 22.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 698,850. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 22.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 698,850
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 5.8 million
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 21.7 million.
People and assets in 2025
36.7
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 4% vs 2024
€ 49,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 48,930
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 641,274
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 249,567
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,765,843 | € 10,926,999 | - | - | |
| Gross margin | - | - | € 2,592,210 | € 2,675,420 | ▲ 3% |
| Profit after taxes | € 1,461,575 | € 2,004,096 | € 1,211,902 | € 698,850 | ▼ 42% |
| Equity | € 18,344,319 | € 20,351,488 | € 21,563,390 | € 22,262,240 | ▲ 3% |
| Total debts | € 570,874 | € 804,006 | € 582,427 | € 1,974,062 | ▲ 239% |
| Cash | € 7,466,086 | € 7,575,733 | € 3,729,698 | € 5,830,452 | ▲ 56% |
| Land & buildings | € 62,677 | € 68,259 | € 130,794 | € 89,554 | ▼ 32% |
| Retained profit | € 17,761,769 | € 19,768,938 | € 20,980,840 | € 21,679,690 | ▲ 3% |
| Balance sheet total | € 18,925,273 | € 21,160,645 | € 22,149,681 | € 24,238,879 | ▲ 9% |
| Employees (FTE) | 36.5 | 36.1 | 36.5 | 36.7 | ▲ 0.2 |
Key figures of Espa, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Espa?
What happened at Espa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elbas BV stepped down as director. NBB
- BEL-INVEST NV stepped down as director. NBB
- Emcha BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 698,850 (▼ 42% vs 2024). Source: NBB ↗
- Emcha BV became a director. NBB
- Otto Spaas stepped down as director. NBB
- Elbas BV became a director. NBB
- BEL-INVEST NV became a director. NBB
In short
From € 1.5 million profit in 2022 to € 698,850 profit in 2025.
Paid € 742,082 in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
On average € 72,900 of value added per employee in 2025.
Management
It owns 100% of Pierros GbmH, 100% of Magic Design and 14.3% of Playtime itself.
Directors
According to the 2025 annual accounts
Director · represented by Sarah Spaas
since 2023 · until 2029
since 2023 · until 2029
Director · represented by Otto Spaas
since 2025 · until 2029
Establishments
Establishment units
Physical locations of this company
Europark 1030
3530 Houthalen-Helchteren
Centrum-Zuid 2043
3530 Houthalen-Helchteren
Active since 1 April 2004
Rue Jules Destrée 392A
7390 Quaregnon
Active since 1 April 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Website info
Features
Security
Details
- Company number
- 0401.296.522
- VAT number
- BE 0401.296.522
- Registered office
- Europark 1030, 3530 Houthalen-Helchteren
- Names & denominations
- Espa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 1956
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- espa.be [email protected] 011/524267
- Activities · NACE
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