Warning lights
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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Brightspace from Leuven, company number BE0668653563, closed financial year 2025 with a result of € 5,871 after tax. For that financial year Brightspace recorded a gross margin of € 16,164 and equity of € -108,309. Compared with financial year 2024, the result moved from € -11,551 to € 5,871. Profitable, and profit is growing. 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 August 11, 2026.
€ -108,309
▲ € 5,871 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,871
▲ still € 11,551 loss in 2024
Profit after tax over the fiscal year.
€ 33,323
▲ € 33,109 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 € -128,309.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 67,359
▲ € 66,921 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,065
▲ € 3,617 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,790 | € 8,747 | € -1,576 | € 16,164 | ▲ € 17,740 |
| Profit after taxes | € 4,468 | € -14,057 | € -11,551 | € 5,871 | ▲ € 17,422 |
| Equity | € -88,572 | € -102,629 | € -114,180 | € -108,309 | ▲ € 5,871 |
| Total debts | € 151,970 | € 161,623 | € 169,821 | € 252,045 | ▲ 48% |
| Cash | € 4,768 | € 316 | € 214 | € 33,323 | ▲ € 33,109 |
| Retained profit | € -108,572 | € -122,629 | € -134,180 | € -128,309 | ▲ € 5,871 |
| Balance sheet total | € 63,398 | € 58,994 | € 55,641 | € 143,736 | ▲ 158% |
Key figures of Brightspace, 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 Brightspace?
What happened at Brightspace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,871. filed late Source: NBB ↗
- Ilse Vanderschueren became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,468 profit in 2022 to € 5,871 profit in 2025.
Paid € 102 in corporate taxes since 2022.
Best year ever: 2025, with € 5,871 profit.
Management
The stake of Deparco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BrightspaceBehind Brightspace are Deparco NV, Ann Beutels and Ilse Vanderschueren. The shares are held by Deparco (100%).
Directors
According to the 2025 annual accounts
Director · represented by Wouter Wouters
Also active at: NET 7, AE, Ulixes, Bercopar, Business Center Brussels West, Zapfloor Next Generation, MUUTOS Consulting, MGX Invest +3 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Interleuvenlaan 74
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →AE Group
€ 3.2 million revenue · 2025
Deparco same network
€ 115,390 gross margin · 2025
MONEO same network
€ 189,123 gross margin · 2025
C-Quilibrium
€ 242,323 gross margin · 2025
Ulixes same network
€ 11,854 gross margin · 2025
+30 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.653.563
- VAT number
- BE 0668.653.563
- Registered office
- Interleuvenlaan 74, 3001 Leuven
- Names & denominations
- Brightspace
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2017
- Peppol
- Active · Active since 8 Oct 2024
- Activities · NACE
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