Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
ESPASS PLUS from Brussel, company number BE0448078335, closed financial year 2025 with a result of € -636,765 after tax. For that financial year ESPASS PLUS recorded a gross margin of € 272,107 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -175,429 to € -636,765. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 1.9 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -636,765
▼ 263 % more loss than in 2024
Profit after tax over the fiscal year.
€ 854
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2025
€ 6,084
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 278,632
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,186
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,612 | - | - | - | |
| Gross margin | € 231,706 | € 4,302,784 | € -23,588 | € 272,107 | ▲ € 295,694 |
| Profit after taxes | € -411,903 | € 2,847,757 | € -175,429 | € -636,765 | ▼ € 461,336 |
| Equity | € -112,526 | € 2,735,230 | € 2,559,801 | € 1,923,036 | ▼ 25% |
| Total debts | € 10,169,045 | € 3,080,064 | € 4,352,006 | € 5,817,143 | ▲ 34% |
| Cash | € 69 | € 4,912 | € 2,939 | € 854 | ▼ 71% |
| Land & buildings | € 3,552,209 | - | - | - | |
| Retained profit | € -174,500 | € 2,673,257 | € 2,497,828 | € 1,861,063 | ▼ 25% |
| Bank debt | € 6,901,015 | € 1,515,591 | € 2,015,621 | € 2,358,466 | ▲ 17% |
| Balance sheet total | € 10,147,827 | € 6,794,468 | € 7,890,981 | € 8,719,353 | ▲ 10% |
Key figures of ESPASS PLUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ESPASS PLUS?
What happened at ESPASS PLUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 636,765. filed late Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 411,903 loss in 2022 to € 636,765 loss in 2025.
Paid € 3,024 in corporate taxes since 2022.
Best year ever: 2023, with € 2.8 million profit.
A new publication or filing at ESPASS PLUS? We notify you, reason included.
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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 ESPASS PLUS is Pascal Vandenbussche.
Directors
According to the 2025 annual accounts
Pascal Vandenbussche
Managing director
Establishments
Establishment units
Physical locations of this company
Onze-Lieve-Vrouw van Vaakstraat 52
1000 Brussel
Avenue des Bouleaux 17
1420 Braine-l'Alleud
Active since 2 September 1992
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
- 0448.078.335
- VAT number
- BE 0448.078.335
- Registered office
- Onze-Lieve-Vrouw van Vaakstraat 52, 1000 Brussel
- Names & denominations
- ESPASS PLUS · ESPASS +
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 1992
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen