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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPACE PUBLIC from Sint-Joost-ten-Node, company number BE0793859579, closed financial year 2025 with a result of € -3,690 after tax. For that financial year ESPACE PUBLIC recorded a gross margin of € -2,057 and equity of € 8,057. Compared with financial year 2024, the result moved from € -50,753 to € -3,690. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 5, 2026.
€ 8,057
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,690
▲ 93 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,729
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -54,443.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -25,009 | € -2,057 | ▲ € 22,952 |
| Profit after taxes | € -50,753 | € -3,690 | ▲ € 47,063 |
| Equity | € 11,747 | € 8,057 | ▼ 31% |
| Total debts | € 129,375 | € 133,088 | ▲ 3% |
| Cash | € 16,213 | € 8,729 | ▼ 46% |
| Retained profit | € -50,753 | € -54,443 | ▼ € 3,690 |
| Balance sheet total | € 141,122 | € 141,144 |
Key figures of ESPACE PUBLIC, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ESPACE PUBLIC?
What happened at ESPACE PUBLIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel KACENELENBOGEN stepped down as director. NBB
- Jeanne KACENELENBOGEN stepped down as director. NBB
- Francis METZGER stepped down as director. NBB
- Patricia IDE stepped down as director. NBB
- Lou KACENELENBOGEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3,690. Source: NBB ↗
- Michel KACENELENBOGEN became a director. NBB
- Jeanne KACENELENBOGEN became a director. NBB
In short
From € 50,753 loss in 2024 to € 3,690 loss in 2025.
Paid € 7 in corporate taxes since 2024.
Management
The stake of CULTURUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ESPACE PUBLICThe shares are held by CULTURUM (50%).
Directors
According to the 2025 annual accounts
Michel KACENELENBOGEN
Managing director
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Braemtstraat 64
1210 Sint-Joost-ten-Node
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0793.859.579
- VAT number
- BE 0793.859.579
- Registered office
- Braemtstraat 64, 1210 Sint-Joost-ten-Node
- Names & denominations
- ESPACE PUBLIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2022
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
Exploitatie van schouwburgen, concertzalen en dergelijke