Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1.9 to 1.
Financials
Financial year 2025
ESPACE KITCHEN from Sint-Lambrechts-Woluwe, company number BE0822797649, closed financial year 2025 with a result of € -71,609 after tax. For that financial year ESPACE KITCHEN recorded a gross margin of € -47,959 and equity of € 117,051. Compared with financial year 2024, the result moved from € 15,309 to € -71,609. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 16, 2026.
€ 117,051
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,609
▼ still € 15,309 profit in 2024
Profit after tax over the fiscal year.
€ 7,316
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 98,451.
People and assets in 2025
1
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 28,944
▼ 25% vs 2024
€ 28,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,412
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 858
▼ 75% vs 2024
Loans from banks and other lenders, long and short.
€ 35,475
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,952
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,760 | € 23,880 | € 55,227 | € -47,959 | ▼ € 103,187 |
| Profit after taxes | € 21,916 | € 1,644 | € 15,309 | € -71,609 | ▼ € 86,918 |
| Equity | € 188,679 | € 190,324 | € 188,660 | € 117,051 | ▼ 38% |
| Total debts | € 213,527 | € 162,534 | € 223,599 | € 162,528 | ▼ 27% |
| Cash | € 112,875 | € 12,889 | € 37,444 | € 7,316 | ▼ 80% |
| Retained profit | € 170,079 | € 171,724 | € 170,060 | € 98,451 | ▼ 42% |
| Dividend | € 7,440 | € 0 | € 16,972 | € 0 | ▼ 100% |
| Bank debt | € 12,476 | € 7,982 | € 3,483 | € 858 | ▼ 75% |
| Balance sheet total | € 402,207 | € 352,858 | € 412,259 | € 279,579 | ▼ 32% |
| Employees (FTE) | 2.2 | 1.9 | 1.6 | 1 | ▼ 0.6 |
Key figures of ESPACE KITCHEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ESPACE KITCHEN?
What happened at ESPACE KITCHEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 71,609 (▼ € 86,918 vs 2024). Source: NBB ↗
- Erdogan OZKAN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Daphné LAURENT became a director. NBB
In short
From € 21,916 profit in 2022 to € 71,609 loss in 2025.
Paid € 26,238 in corporate taxes since 2022.
Best year ever: 2022, with € 21,916 profit.
On average € 34,500 of value added per employee in 2024.
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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 ESPACE KITCHEN are Erdogan OZKAN and Daphné LAURENT.
Directors
According to the 2025 annual accounts
Erdogan OZKAN
Director
since 2010
Daphné LAURENT
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Georges Henrilaan 287
1200 Sint-Lambrechts-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.797.649
- VAT number
- BE 0822.797.649
- Registered office
- Georges Henrilaan 287, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- ESPACE KITCHEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in huismeubilair
Vervaardiging van keukenmeubelen
Detailhandel in huismeubilair in gespecialiseerde winkels
Detailhandel in elektrische huishoudapparaten