Active · per the CBE, 29 October 2026

Modified Spaces

BE0831222890

Rechtspersoon Private limited company 1 establishment

Modified Spaces is a bar in Gent. Private Limited, started on 17 November 2010, 1 establishment.

Dublinstraat 31/15, 9000 Gent

Behind the company: Reach For More, Modul'air.

Active for

15 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Modified Spaces from Gent, company number BE0831222890, closed financial year 2025 with a result of € -8,479 after tax. For that financial year Modified Spaces recorded a gross margin of € 211,628 and equity of € -33,449. Compared with financial year 2024, the result moved from € -42,254 to € -8,479. 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 April 30, 2026.

What it is worth Caution

€ -33,449

▼ € 8,479 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -8,479

▲ 80 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 91,191

▲ € 86,610 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -52,049.

People and assets in 2025

Wage cost

€ 210,802

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

Bank debt

€ 998

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 239,880

▲ € 238,150 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 26,828

▲ € 26,624 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 121,735 € 30,592 € -38,403 € 211,628 ▲ € 250,032
Profit after taxes € 117,831 € 27,041 € -42,254 € -8,479 ▲ € 33,775
Equity € -9,758 € 17,283 € -24,971 € -33,449 ▼ € 8,479
Total debts € 54,751 € 31,283 € 34,580 € 301,688 ▲ € 267,108
Cash € 28,129 € 6,662 € 4,581 € 91,191 ▲ € 86,610
Retained profit € -28,358 € -1,317 € -43,571 € -52,049 ▼ € 8,479
Bank debt € 0 € 0 € 0 € 998
Balance sheet total € 44,993 € 48,566 € 9,610 € 268,239 ▲ € 258,629

Key figures of Modified 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 30 April 2027.

What happened to Modified Spaces?

What happened at Modified 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 € 8,479. Source: NBB ↗
  • New establishment in Gent. KBO
  • Reach For More became a director. NBB
  • Modul'air became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 117,831 profit in 2022 to € 8,479 loss in 2025.

Best year ever: 2022, with € 117,831 profit.

Original PDFs at the National Bank ↗

Management

A Quiet Place 100%

The stake of A Quiet Place comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Modified Spaces

Behind Modified Spaces are Reach For More and Modul'air. The shares are held by A Quiet Place (100%).

Directors

According to the 2025 annual accounts

Reach For More

Director · represented by Floris Vandamme

since 2025

Modul'air

Director · represented by Lars Fiers

Also active at: Below The Surface, SWEET NOTHING

since 2025

Shareholders

A Quiet Place

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Dublinstraat 31/15

9000 Gent

2.372.350.081

Aziëstraat 1A

9000 Gent

Active since 7 April 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0831.222.890
VAT number
BE 0831.222.890
Registered office
Dublinstraat 31/15, 9000 Gent
Names & denominations
Modified Spaces
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
17 November 2010
Peppol
Active · Active since 17 Sept 2025
Activities · NACE

Cafés en bars

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Andere drinkgelegenheden

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does Modified Spaces do?
Modified Spaces is a bar in Gent. Private Limited, started on 17 November 2010, 1 establishment.
What is the address of Modified Spaces?
The registered office of Modified Spaces is located at Dublinstraat 31/15, 9000 Gent.
Is Modified Spaces still active?
Yes. According to the CBE (29 October 2026) Modified Spaces is active, legal situation “Normale toestand”, started on 17 November 2010.
Is Modified Spaces registered on Peppol?
Yes, Modified Spaces is registered on the Peppol network with ID 0208:0831222890.
What is the enterprise number of Modified Spaces?
The enterprise number of Modified Spaces is BE0831222890.
When was Modified Spaces founded?
Modified Spaces was founded on 17 November 2010.