Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
EUROPEAN SPARE PARTS ORGANISATION from Elsene, company number BE0438712687, closed financial year 2024 with a result of € -801,403 after tax. For that financial year EUROPEAN SPARE PARTS ORGANISATION recorded a gross margin of € 1 million and equity of € -1.4 million. Compared with financial year 2023, the result moved from € -32,158 to € -801,403. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ -1.4 million
▼ € 801,403 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -801,403
▼ 2392 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
Debts at end 2024
€ 17,103
▲ 10% vs 2023
Loans from banks and other lenders, long and short.
€ 4.4 million
▲ 71% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,410
▲ 6% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -34,161 | € -22,790 | € -26,181 | € 1,022,441 | ▲ € 1 million |
| Profit after taxes | € -81,258 | € -75,853 | € -32,158 | € -801,403 | ▼ € 769,245 |
| Equity | € -527,831 | € -603,684 | € -635,842 | € -1,437,245 | ▼ € 801,403 |
| Total debts | € 3,286,306 | € 3,455,022 | € 3,504,279 | € 5,264,869 | ▲ 50% |
| Cash | € 124,601 | € 74,167 | - | - | |
| Retained profit | € -558,818 | € -634,671 | € -666,829 | € -1,468,232 | ▼ € 801,403 |
| Bank debt | € 0 | € 0 | € 15,489 | € 17,103 | ▲ 10% |
| Balance sheet total | € 2,847,483 | € 2,940,346 | € 2,957,445 | € 3,916,632 | ▲ 32% |
Key figures of EUROPEAN SPARE PARTS ORGANISATION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to EUROPEAN SPARE PARTS ORGANISATION?
What happened at EUROPEAN SPARE PARTS ORGANISATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 801,403. filed late Source: NBB ↗
- Robert VALENTA became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,258 loss in 2021 to € 801,403 loss in 2024.
Paid € 2,572 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind EUROPEAN SPARE PARTS ORGANISATION is Robert VALENTA.
Directors
According to the 2024 annual accounts
Robert VALENTA
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Louizalaan 54
1050 Elsene
Winston Churchilllaan 137 box 13
1180 Ukkel
Active since 28 November 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.712.687
- VAT number
- BE 0438.712.687
- Registered office
- Louizalaan 54, 1050 Elsene
- Names & denominations
- EUROPEAN SPARE PARTS ORGANISATION · ESPO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 1989
- Peppol
- Active · Active since 10 Sept 2026
- Activities · NACE
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