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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
SPACE from Oudergem, company number BE0431666727, closed financial year 2022 with a result of € 1,166 after tax. For that financial year SPACE recorded revenue of € 160.6 million and equity of € 467,861. Compared with financial year 2021, the result moved from € 17,890 to € 1,166. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2023.
€ 467,861
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,166
▼ 93% vs 2021
Profit after tax over the fiscal year.
€ 5.8 million
▲ € 4.6 million vs 2021
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2022. Retained profit grew to € 343,914.
People and assets in 2022
98.1
▲ 3.7 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 7.2 million
▲ 6% vs 2021
€ 73,300 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.
€ 197,459
▼ 14% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 41.1 million
▼ 5% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
€ 1.6 million
▼ 42% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 172,060,469 | € 160,584,973 | ▼ 7% |
| Profit after taxes | € 17,890 | € 1,166 | ▼ 93% |
| Equity | € 466,695 | € 467,861 | |
| Total debts | € 46,154,716 | € 45,055,907 | ▼ 2% |
| Cash | € 1,239,085 | € 5,827,583 | ▲ € 4.6 million |
| Retained profit | € 342,748 | € 343,914 | |
| Balance sheet total | € 46,623,132 | € 45,523,768 | ▼ 2% |
| Employees (FTE) | 94.4 | 98.1 | ▲ 3.7 |
Key figures of SPACE, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to SPACE?
What happened at SPACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: profit of € 1,166 (▼ 93% vs 2021). Source: NBB ↗
- François CHAUDOIR stepped down as director. NBB
- Tim IRWIN stepped down as director. NBB
- Karel VINCK stepped down as director. NBB
- Tim IRWIN became a director. NBB
- François CHAUDOIR became a director. NBB
- Karel VINCK became a director. NBB
- New establishment in Oudergem. KBO
In short
From € 17,890 profit in 2021 to € 1,166 profit in 2022.
Paid € 302,830 in corporate taxes since 2021.
Best year ever: 2021, with € 17,890 profit.
Pays suppliers within 98 days on average.
Management
The stake of MediaCom Belgium, EssenceMediacom Belgium, MMS Communications Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPACEThe shares are held by MediaCom Belgium (50%), EssenceMediacom Belgium (50%) and MMS Communications Belgium (50%).
Directors
According to the 2022 annual accounts
François CHAUDOIR
Managing director
since 2017 · until 2023
Tim IRWIN
Director
since 2022 · until 2023
Karel VINCK
Director
since 2017 · until 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tedescolaan 41
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0431.666.727
- VAT number
- BE 0431.666.727
- Registered office
- Tedescolaan 41, 1160 Oudergem
- Names & denominations
- SPACE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 1987
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Mediarepresentatie
Beheer van publiciteitsdragers
Activiteiten van reclamebureaus
Publiciteitsagentschappen