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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Connecting Spaces from Gent, company number BE0722618227, closed financial year 2025 with a result of € -35,137 after tax. For that financial year Connecting Spaces recorded a gross margin of € 5,275 and equity of € -56,531. Compared with financial year 2024, the result moved from € 3,633 to € -35,137. 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 7, 2026.
€ -56,531
▼ € 35,137 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,137
▼ still € 3,633 profit in 2024
Profit after tax over the fiscal year.
€ 295
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,131.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 32,596
▲ € 27,609 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,756
▲ € 6,637 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92
▼ 99% 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 | € 404 | € -2,093 | € 10,223 | € 5,275 | ▼ 48% |
| Profit after taxes | € -467 | € -2,974 | € 3,633 | € -35,137 | ▼ € 38,770 |
| Equity | € -22,054 | € -25,028 | € -21,394 | € -56,531 | ▼ € 35,137 |
| Total debts | € 31,877 | € 31,877 | € 43,781 | € 74,426 | ▲ 70% |
| Cash | € 5,378 | € 1,905 | € 8,797 | € 295 | ▼ 97% |
| Retained profit | € -40,654 | € -43,628 | € -39,994 | € -75,131 | ▼ € 35,137 |
| Balance sheet total | € 9,823 | € 6,849 | € 22,387 | € 17,895 | ▼ 20% |
Key figures of Connecting Spaces, 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 Connecting Spaces?
What happened at Connecting Spaces in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,137 (▼ € 38,770 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Ann-Sofie Ingels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 467 loss in 2022 to € 35,137 loss in 2025.
Paid € 92 in corporate taxes since 2022.
Best year ever: 2024, with € 3,633 profit.
Management
Behind Connecting Spaces is Ann-Sofie Ingels.
Directors
According to the 2025 annual accounts
Ann-Sofie Ingels
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Hubert Frère-Orbanlaan 247 box /0702
9000 Gent
Hubert Frère-Orbanlaan 247 box 702
9000 Gent
Active since 11 March 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0722.618.227
- VAT number
- BE 0722.618.227
- Registered office
- Hubert Frère-Orbanlaan 247 bus /0702, 9000 Gent
- Names & denominations
- Connecting Spaces
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2019
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Schrijnwerk
Glaszetten
Plaatsen van vloer- en wandtegels