ACTIVE

ESPACE 28

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Financial year 2025 · closed on 31/12/2025

Net result

48,6 k €

+618.3% YoY

Revenue

31,5 k €

+20.3% YoY

Equity

205,6 k €

+30.9% YoY

Workforce

10,1 ETP

+9.8% YoY

What does ESPACE 28 do?

ESPACE 28 is a Non-profit organization incorporated in 2003. Its main activity is: Technical and vocational secondary education. Its registered office is in Verviers. It employs on average 10,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.282.389

Incorporation

19/12/2003

Legal form

Non-profit organization

Registered office

Rue de la Colline 18
4800 Verviers · WallonieSee on map

Latest accounts

31/12/2025

Average workforce

10,1 ETP

Activities (NACE)

85323Technical and vocational secondary education· main 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.

Joint committees (1)

32902

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Revenue	31,5 k €	+20.3%	26,2 k €	-36.9%	41,5 k €	-4.0%	43,3 k €	-10.0%	48,1 k €	+16.5%	41,3 k €	+73.0%	23,9 k €	-8.4%	26,1 k €	-59.4%	64,1 k €	-31.7%	93,9 k €
EBITDA	51,3 k €	+261%	-31,8 k €	-159%	53,6 k €	+243%	15,6 k €	-47.0%	29,5 k €	+1158%	2,3 k €	-51.9%	4,9 k €	-66.8%	14,7 k €	+7.4%	13,7 k €	-75.3%	55,2 k €
Operating result	49 k €	+638%	-9,1 k €	-118%	51,9 k €	+275%	13,8 k €	-49.4%	27,4 k €	+6055%	444,7 €	-89.7%	4,3 k €	-70.2%	14,4 k €	+10.1%	13,1 k €	+35.9%	9,6 k €
Net result	48,6 k €	+618%	-9,4 k €	-118%	51,5 k €	+276%	13,7 k €	-49.7%	27,3 k €	+9762%	276,3 €	-93.4%	4,2 k €	-70.8%	14,3 k €	+7.9%	13,2 k €	+40.6%	9,4 k €
Balance sheet
Equity	205,6 k €	+30.9%	157 k €	-5.6%	166,4 k €	+44.9%	114,8 k €	+13.6%	101,1 k €	+36.9%	73,9 k €	+0.4%	73,6 k €	+6.0%	69,4 k €	+25.9%	55,1 k €	+31.6%	41,9 k €
Total assets	422,5 k €	+0.2%	421,6 k €	+1.5%	415,2 k €	-8.7%	454,8 k €	+53.3%	296,7 k €	+5.8%	280,5 k €	+9.5%	256,2 k €	+7.0%	239,5 k €	+9.6%	218,4 k €	+5.2%	207,6 k €
Cash	178,8 k €	-36.4%	281,3 k €	-5.8%	298,8 k €	-6.8%	320,7 k €	+53.8%	208,4 k €	+5.2%	198,2 k €	+11.6%	177,5 k €	+2.0%	174,1 k €	+1.0%	172,4 k €	+9.3%	157,7 k €
Debts	140,6 k €	-22.0%	180,4 k €	+27.4%	141,6 k €	+14.5%	123,6 k €	+59.5%	77,5 k €	-8.4%	84,6 k €	+31.1%	64,5 k €	-1.0%	65,2 k €	+15.3%	56,5 k €	+8.1%	52,3 k €
Other
Workforce	10,1 ETP	+9.8%	9,2 ETP	-6.1%	9,8 ETP	+10.1%	8,9 ETP	+8.5%	8,2 ETP	+6.5%	7,7 ETP	+4.1%	7,4 ETP	+2.8%	7,2 ETP	+9.1%	6,6 ETP	+29.4%	5,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 4 ended

Active mandates

CENTRE REGIONAL DE VERVIERS POUR L'INTEGRATION DES PERSONNES ETRANGERES

Mandate · 0461.206.690

Active

Emmanuelle MARLIERE

Mandate

Active

Julien GALLAND

Director

Active

Paul BLANJEAN

Director

Active

Ended mandates

CRVI

Mandate

Represented by Jennifer ERKENS

Ended

Micheline PAQUAY

Director

Ended

Samira ARRAS

Director

Ended

Siméon DE HEY

Chairman of the board of directors

Ended

At this address

Other companies at this address

Company	CBE no.
REVERT● Active	0478.466.554

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	31/08/2026	31/08/2025	28/08/2024	31/07/2023	23/08/2022	26/08/2021
General meeting	22/06/2026	19/06/2025	18/06/2024	14/06/2023	23/06/2022	22/06/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	19/06/2025	31/08/2025	French	PDF
Abridged model	31/12/2023	18/06/2024	28/08/2024	French	PDF
Abridged model	31/12/2022	14/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	23/06/2022	23/08/2022	French	PDF
Abridged model	31/12/2020	22/06/2021	26/08/2021	French	PDF
Abridged model	31/12/2019	15/06/2020	25/09/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	26/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	11/08/2017	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 4 active · 4 ended

Active mandates

CENTRE REGIONAL DE VERVIERS POUR L'INTEGRATION DES PERSONNES ETRANGERES

Mandate · 0461.206.690

Active

Emmanuelle MARLIERE

Mandate

Active

Julien GALLAND

Director

Active

Paul BLANJEAN

Director

Active

Ended mandates

CRVI

Mandate

Represented by Jennifer ERKENS

Ended

Micheline PAQUAY

Director

Ended

Samira ARRAS

Director

Ended

Siméon DE HEY

Chairman of the board of directors

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/02/2026
Nominations - Modification de statut:
PDF
Mandates10/06/2021
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/01/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates11/07/2011
SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates20/03/2007
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Other30/12/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202548,6 k €↑
2024
Annual accounts 2024-9,4 k €↓
2023
Annual accounts 202351,5 k €↑
2022
Annual accounts 202213,7 k €↓
2021
Annual accounts 202127,3 k €↑
2020
Annual accounts 2020276,3 €↓
2019
Annual accounts 20194,2 k €↓
2018
Annual accounts 201814,3 k €↑
2017
Annual accounts 201713,2 k €↑
2016
Annual accounts 20169,4 k €
19/12/2003
IncorporationNon-profit organization

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 28

Overview

What does ESPACE 28 do?

Trend over 10 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