Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
S-Pace from Mont-Saint-Guibert, company number BE0860888955, closed financial year 2025 with a result of € -105,949 after tax. For that financial year S-Pace recorded a gross margin of € 624,177 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -48,310 to € -105,949. 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 July 10, 2026.
€ 1.9 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -105,949
▼ 119 % more loss than in 2024
Profit after tax over the fiscal year.
€ 18,870
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
13.7
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 662,462
▼ 8% vs 2024
€ 48,400 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.
€ 4,142
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 606,914
▲ 6% vs 2024
€ 40,281 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 301,540
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 95,967
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 678,724 | € 833,578 | € 755,125 | € 624,177 | ▼ 17% |
| Profit after taxes | € 956 | € 905 | € -48,310 | € -105,949 | ▼ € 57,639 |
| Equity | € 2,087,232 | € 2,088,138 | € 2,039,828 | € 1,933,878 | ▼ 5% |
| Total debts | € 709,933 | € 1,092,415 | € 1,170,299 | € 1,004,433 | ▼ 14% |
| Cash | € 30,462 | € 19,864 | € 28,539 | € 18,870 | ▼ 34% |
| Land & buildings | € 113,261 | € 104,527 | € 96,077 | € 96,077 | |
| Retained profit | € 1,887,232 | € 1,888,138 | € 1,839,828 | € 1,733,878 | ▼ 6% |
| Bank debt | € 661,334 | € 705,089 | € 572,528 | € 606,914 | ▲ 6% |
| Balance sheet total | € 2,797,165 | € 3,180,553 | € 3,210,126 | € 2,938,312 | ▼ 8% |
| Employees (FTE) | - | 13.4 | 13.9 | 13.7 | ▼ 0.2 |
Key figures of S-Pace, fiscal years 2022 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 S-Pace?
What happened at S-Pace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brigitte Van Goethem stepped down as director. NBB
- Laurent Soetewey stepped down as director. NBB
- PLURIELS S.R.L. SRL stepped down as director. NBB
- Aurélie Soetewey stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 105,949. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Mont-Saint-Guibert. KBO
In short
From € 956 profit in 2022 to € 105,949 loss in 2025.
Paid € 3,215 in corporate taxes since 2022.
Best year ever: 2022, with € 956 profit.
On average € 45,600 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
· until 2027
· until 2027
· until 2027
Aurélie Soetewey
Director
· until 2027
Establishments
Establishment units
Physical locations of this company
Rue du Riquau 1 box A
1435 Mont-Saint-Guibert
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0860.888.955
- VAT number
- BE 0860.888.955
- Registered office
- Rue du Riquau 1 bus A, 1435 Mont-Saint-Guibert
- Names & denominations
- S-Pace
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2003
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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