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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPACE MUSICAL from Tournai, company number BE0834942445, closed financial year 2025 with a result of € 1,825 after tax. For that financial year ESPACE MUSICAL recorded a gross margin of € 2,097 and equity of € -60,429. Compared with financial year 2022, the result moved from € -2,735 to € 1,825. Profitable, and profit is growing. 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 August 31, 2026.
€ -60,429
▼ € 15,098 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,825
▲ still € 2,735 loss in 2022
Profit after tax over the fiscal year.
€ 296
▲ € 288 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -66,629.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36,324
▼ 1% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 3,236
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2020 | 2021 | 2022 | 2025 | Change 2022 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,777 | € 5,767 | € -1,300 | € 2,097 | ▲ € 3,397 |
| Profit after taxes | € -9,856 | € 5,441 | € -2,735 | € 1,825 | ▲ € 4,560 |
| Equity | € -48,037 | € -42,596 | € -45,331 | € -60,429 | ▼ € 15,098 |
| Total debts | € 85,465 | € 92,755 | € 65,674 | € 74,116 | ▲ 13% |
| Cash | € 72 | € 1,058 | € 8 | € 296 | ▲ € 288 |
| Retained profit | € -54,237 | € -48,796 | € -51,531 | € -66,629 | ▼ € 15,098 |
| Balance sheet total | € 37,428 | € 50,159 | € 20,343 | € 13,687 | ▼ 33% |
Key figures of ESPACE MUSICAL, fiscal years 2020 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 ESPACE MUSICAL?
What happened at ESPACE MUSICAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,825. filed late Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,856 loss in 2020 to € 1,825 profit in 2025.
Paid € 1,034 in corporate taxes since 2020.
Best year ever: 2021, with € 5,441 profit.
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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 MUSICAL is André Devillers.
Directors
According to the 2025 annual accounts
André Devillers
Director
Establishments
Establishment units
Physical locations of this company
Avenue Elisabeth(TOU) 121
7500 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.942.445
- VAT number
- BE 0834.942.445
- Registered office
- Avenue Elisabeth(TOU) 121, 7500 Tournai
- Names & denominations
- ESPACE MUSICAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2011
- Peppol
- Active · Active since 4 Nov 2024
- Activities · NACE
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