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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021, 2022.
Financials
Financial year 2024
URBAN SPACE from Braine-l'Alleud, company number BE0738418141, closed financial year 2024 with a result of € -4,039 after tax. For that financial year URBAN SPACE recorded a gross margin of € 45,639 and equity of € 53,891. Compared with financial year 2023, the result moved from € -12,525 to € -4,039. 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 October 10, 2025.
€ 53,891
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,039
▲ 68 % less loss than in 2023
Profit after tax over the fiscal year.
€ 13,506
▲ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 33,891.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 36,249
▲ 4% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,810
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 12,135
▼ 31% vs 2023
€ 5,569 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,814
▼ 82% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 88,997
▲ 25% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 52,669 | € 38,288 | € 37,643 | € 45,639 | ▲ 21% |
| Profit after taxes | € 13,987 | € -5,549 | € -12,525 | € -4,039 | ▲ € 8,485 |
| Equity | € 76,004 | € 70,455 | € 57,931 | € 53,891 | ▼ 7% |
| Total debts | € 102,229 | € 147,603 | € 110,580 | € 103,965 | ▼ 6% |
| Cash | € 32,907 | € 4,354 | € 12,343 | € 13,506 | ▲ 9% |
| Retained profit | € 56,004 | € 50,455 | € 37,931 | € 33,891 | ▼ 11% |
| Bank debt | € 0 | € 23,113 | € 17,651 | € 12,135 | ▼ 31% |
| Balance sheet total | € 178,234 | € 218,058 | € 168,511 | € 157,856 | ▼ 6% |
Key figures of URBAN SPACE, 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 URBAN SPACE?
What happened at URBAN SPACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,039. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Braine-l'Alleud. KBO
- Martine EHMER became a director. NBB
In short
From € 13,987 profit in 2021 to € 4,039 loss in 2024.
Paid € 3,403 in corporate taxes since 2021.
Best year ever: 2021, with € 13,987 profit.
Management
Behind URBAN SPACE is Martine EHMER.
Directors
According to the 2024 annual accounts
Martine EHMER
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Sentier Scolasse 17
1420 Braine-l'Alleud
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- EHMER Martine Bernadette(oprichter) 100%
Details
- Company number
- 0738.418.141
- VAT number
- BE 0738.418.141
- Registered office
- Sentier Scolasse 17, 1420 Braine-l'Alleud
- Names & denominations
- URBAN SPACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2019
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- martineehmer.com [email protected]
- Activities · NACE
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