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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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPACE PLACARDS &DRESSING from Walcourt, company number BE0880016959, closed financial year 2025 with a result of € 42,266 after tax. For that financial year ESPACE PLACARDS &DRESSING recorded a gross margin of € 346,644 and equity of € 170,017. Compared with financial year 2024, the result moved from € -3,620 to € 42,266. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2026.
€ 170,017
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,266
▲ still € 3,620 loss in 2024
Profit after tax over the fiscal year.
€ 102,254
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,266 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.8
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 177,294
▼ 59% vs 2024
€ 63,300 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.
€ 13,034
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 156,751
▼ 58% vs 2024
€ 50,499 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 111,652
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,970
▼ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 802,300 | € 335,259 | € 576,167 | € 346,644 | ▼ 40% |
| Profit after taxes | € 128,746 | € -271,559 | € -3,620 | € 42,266 | ▲ € 45,887 |
| Equity | € 560,654 | € 283,219 | € 278,807 | € 170,017 | ▼ 39% |
| Total debts | € 772,016 | € 720,925 | € 506,100 | € 385,060 | ▼ 24% |
| Cash | € 396,094 | € 201,927 | € 112,192 | € 102,254 | ▼ 9% |
| Land & buildings | € 525,047 | € 447,215 | € 371,321 | € 152,532 | ▼ 59% |
| Retained profit | € 457,518 | € 180,949 | € 177,329 | € 69,329 | ▼ 61% |
| Dividend | € 14,652 | € 5,010 | € 0 | € 150,266 | |
| Bank debt | € 607,879 | € 486,403 | € 369,610 | € 156,751 | ▼ 58% |
| Balance sheet total | € 1,333,454 | € 1,004,712 | € 785,277 | € 555,248 | ▼ 29% |
| Employees (FTE) | 6.4 | 7 | 7.4 | 2.8 | ▼ 4.6 |
Key figures of ESPACE PLACARDS &DRESSING, 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 ESPACE PLACARDS &DRESSING?
What happened at ESPACE PLACARDS &DRESSING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,266. Source: NBB ↗
- Valérie Castagne stepped down as director. NBB
- Robin Limbourg stepped down as director. NBB
- Margot Limbourg stepped down as director. NBB
- Robin Limbourg became a director. NBB
- Margot Limbourg became a director. NBB
- Valérie Castagne became a director. NBB
- New establishment in Walcourt. KBO
In short
From € 128,746 profit in 2022 to € 42,266 profit in 2025.
Paid € 61,001 in corporate taxes since 2022.
Best year ever: 2022, with € 128,746 profit.
On average € 123,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Valérie Castagne
Managing director
since 2011 · until 2025
Robin Limbourg
Director
since 2019 · until 2025
Margot Limbourg
Director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Rue Saint Pierre et Paul(Thy) 26
5651 Walcourt
Allée de Linaires(Cha) 4
5650 Walcourt
Active since 24 March 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.016.959
- VAT number
- BE 0880.016.959
- Registered office
- Rue Saint Pierre et Paul(Thy) 26, 5651 Walcourt
- Names & denominations
- ESPACE PLACARDS &DRESSING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2006
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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