ACTIVE

ESPACE FINANCEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

435,2 k €

-75.2% YoY

Gross margin

-221,6 k €

+32.7% YoY

Equity

111,2 M €

+0.4% YoY

What does ESPACE FINANCEMENT do?

ESPACE FINANCEMENT is a Public limited company incorporated in 2014. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0553.753.006

Incorporation

12/06/2014

Legal form

Public limited company

Registered office

Avenue Maurice-Destenay 13
4000 Liège · WallonieSee on map

Contributed capital

110 862 344,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	-221,6 k €	+32.7%	-329,1 k €	+41.4%	-561,7 k €	-168%	-209,5 k €	-3.2%	-202,9 k €	+0.3%	-203,6 k €	-0.4%	-202,7 k €	+0.1%	-202,8 k €	+0.2%	-203,2 k €	+17.0%	-244,7 k €	+44.1%	-437,9 k €
EBITDA	-925 k €	-160%	-355,7 k €	+79.0%	-1,7 M €	-620%	-235,3 k €	-13.6%	-207,1 k €	-1.8%	-203,6 k €	-0.3%	-202,9 k €	+0.2%	-203,3 k €	+0.1%	-203,4 k €	+17.0%	-245 k €	+44.1%	-437,9 k €
Operating result	-925 k €	-160%	-355,7 k €	+79.0%	-1,7 M €	-620%	-235,3 k €	-13.6%	-207,1 k €	-1.8%	-203,6 k €	+0.8%	-205,1 k €	+1.3%	-207,9 k €	+0.1%	-208 k €	+16.6%	-249,6 k €	+43.9%	-444,9 k €
Net result	435,2 k €	-75.2%	1,8 M €	+391%	-603,6 k €	-374%	-127,4 k €	+53.8%	-275,5 k €	-34.7%	-204,5 k €	-17.5%	-174,1 k €	-12.4%	-155 k €	-146%	-63 k €	+18.3%	-77,1 k €	+44.0%	-137,7 k €
Balance sheet
Equity	111,2 M €	+0.4%	110,8 M €	+1.6%	109 M €	+58.6%	68,8 M €	+7.6%	63,9 M €	-0.4%	64,2 M €	-0.3%	64,4 M €	-0.3%	64,6 M €	-0.2%	64,7 M €	-0.1%	64,8 M €	-0.1%	64,9 M €
Total assets	131,4 M €	+0.3%	130,9 M €	+1.3%	129,3 M €	+45.4%	88,9 M €	+5.0%	84,7 M €	+0.4%	84,3 M €	-0.2%	84,5 M €	-0.2%	84,7 M €	-0.2%	84,8 M €	-0.1%	84,9 M €	-0.1%	85 M €
Cash	43,1 M €	-15.9%	51,3 M €	+137%	21,6 M €	-64.1%	60,1 M €	+6.3%	56,6 M €	-18.4%	69,3 M €	+45.9%	47,5 M €	-18.3%	58,1 M €	+1.2%	57,4 M €	+4.2%	55,1 M €	-14.8%	64,7 M €
Debts	20 M €	+0.0%	20 M €	-0.6%	20,1 M €	+0.5%	20 M €	-2.8%	20,6 M €	+3.1%	20 M €	-0.0%	20 M €	+0.0%	20 M €	-0.0%	20 M €	-0.0%	20 M €	-0.2%	20 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 13 ended

Active mandates

Jean-François ROBE

Director · since 12 mai 2023 · until 19 mai 2026

Active

Frédéric KALKMANN

Director · since 08 décembre 2022 · until 19 mai 2026

Active

Marc DEGAUTE

Director · since 10 mai 2022 · until 19 mai 2026

Active

Olivier BOUCHAT

Director · since 25 juin 2020 · until 19 mai 2026

Active

Philippe BUELEN

Director · since 25 juin 2020 · until 19 mai 2026

Active

Ended mandates

Florence VANDERTHOMMEN

Director · since 25 juin 2020 · until 03 décembre 2022

Ended

Florence VANDERTHOMMEN

Director · since 25 juin 2020 · until 19 mai 2026

Ended

Renaud WITMEUR

Chairman of the board of directors · since 25 juin 2020 · until 19 mai 2026

Ended

Sébastien DURIEUX

Director · since 25 juin 2020 · until 12 mai 2023

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	02/06/2025	11/06/2024	31/05/2023	25/05/2022	17/06/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/05/2026	08/06/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	02/06/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	11/06/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	31/05/2023	French	PDF
Abridged model	31/12/2021	17/05/2022	25/05/2022	French	PDF
Abridged model	31/12/2020	28/05/2021	17/06/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	04/11/2020	French	PDF
Abridged model	31/12/2018	14/05/2019	19/03/2020	French	PDF
Abridged modelCorrection	31/12/2017	15/05/2018	29/08/2018	French	PDF
Abridged model	31/12/2017	15/05/2018	19/07/2018	French	PDF
Abridged model	31/12/2016	16/05/2017	21/06/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	16/06/2016	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 13 ended

Active mandates

Jean-François ROBE

Director · since 12 mai 2023 · until 19 mai 2026

Active

Frédéric KALKMANN

Director · since 08 décembre 2022 · until 19 mai 2026

Active

Marc DEGAUTE

Director · since 10 mai 2022 · until 19 mai 2026

Active

Olivier BOUCHAT

Director · since 25 juin 2020 · until 19 mai 2026

Active

Philippe BUELEN

Director · since 25 juin 2020 · until 19 mai 2026

Active

Ended mandates

Florence VANDERTHOMMEN

Director · since 25 juin 2020 · until 03 décembre 2022

Ended

Florence VANDERTHOMMEN

Director · since 25 juin 2020 · until 19 mai 2026

Ended

Renaud WITMEUR

Chairman of the board of directors · since 25 juin 2020 · until 19 mai 2026

Ended

Sébastien DURIEUX

Director · since 25 juin 2020 · until 12 mai 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2024
DEMISSIONS, NOMINATIONS
PDF
Other28/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares21/11/2023
CAPITAL, ACTIONS - DIVERS
PDF
Capital / shares20/07/2023
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates29/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares27/12/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET - CAPITAL, ACTIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025435,2 k €↓
2024
Annual accounts 20241,8 M €↑
01/01/2024
nominationSébastien Marc Degaute — Commissaire
2023
Annual accounts 2023-603,6 k €↓
07/11/2023
augmentation_capital
21/06/2023
augmentation_capital
16/05/2023
nominationJean-François ROBE — administrateur
2022
Annual accounts 2022-127,4 k €↑
08/12/2022
nominationFrédéric KALKMANN — administrateur
05/12/2022
split
05/12/2022
augmentation_capital
10/05/2022
nominationMarc Degaute — administrateur et Président
2021
Annual accounts 2021-275,5 k €↓
2020
Annual accounts 2020-204,5 k €↓
2019
Annual accounts 2019-174,1 k €↓
2018
Annual accounts 2018-155 k €↓
2017
Annual accounts 2017-63 k €↑
2016
Annual accounts 2016-77,1 k €↑
2015
Annual accounts 2015-137,7 k €
12/06/2014
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ESPACE FINANCEMENT

Overview

What does ESPACE FINANCEMENT do?

Trend over 11 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline