ACTIVE

Workspacebrussels

Financial year 2025 · closed on 31/12/2025
Net result
-36,7 k €
-224.5% YoY
Gross margin
239,9 k €
-39.5% YoY
Equity
90,7 k €
-28.8% YoY
Workforce
3,3 ETP
-35.3% YoY

What does Workspacebrussels do?

Workspacebrussels is a Non-profit organization incorporated in 2006. Its main activity is: Support activities to performing arts. Its registered office is in Bruxelles. It employs on average 3,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0884.010.092
Incorporation
05/10/2006
Legal form
Non-profit organization
Registered office
Rue Notre-Dame du Sommeil 83
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin239,9 k €396,8 k €291,1 k €260,1 k €322,5 k €313,6 k €199,7 k €184,8 k €106,1 k €132,1 k €132,5 k €
EBITDA-34,7 k €31,5 k €36,5 k €1,3 k €23,3 k €31,4 k €19,8 k €23,7 k €8 k €-22,5 k €20,5 k €
Operating result-36,3 k €29,7 k €34,9 k €-4,7 k €16,2 k €21,5 k €12,1 k €20,3 k €8 k €-22,5 k €20,5 k €
Net result-36,7 k €29,5 k €34,7 k €-5 k €15,7 k €20,9 k €11,4 k €19,6 k €7 k €-23,9 k €19,6 k €
Balance sheet
Equity90,7 k €127,4 k €97,9 k €63,2 k €68,2 k €52,5 k €31,6 k €20,2 k €624 €-6,3 k €17,6 k €
Total assets134,3 k €198,7 k €139,7 k €136,3 k €163,9 k €176,7 k €78,5 k €84,7 k €43 k €73,3 k €72,5 k €
Cash95,4 k €130,5 k €82 k €88,8 k €93,4 k €105,7 k €13,8 k €18 k €258 €22,1 k €37 k €
Debts32,6 k €66,3 k €33,3 k €34,8 k €36 k €60,4 k €26,1 k €46,3 k €32,4 k €59,7 k €37,7 k €
Other
Workforce3,3 ETP5,1 ETP3,3 ETP4,1 ETP4,5 ETP4,6 ETP3,5 ETP2,8 ETP1,6 ETP3,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

Jasper Delva

Director · since 21 mars 2024 · until 21 mars 2030

Active
Kim Snauwaert

Director · since 21 mars 2024 · until 21 mars 2030

Active
Ruth Collier

Chairman of the board of directors · since 21 mars 2024 · until 21 mars 2030

Active

Ended mandates

Kristof Blom

Director · since 21 mars 2024 · until 21 mars 2030

Ended
AN Olaerts

Director · since 19 mars 2021 · until 19 mars 2025

Ended
Jan Wallyn

Director · since 19 mars 2021 · until 19 mars 2025

Ended
Jasper Delva

Director · since 19 mars 2021 · until 18 mars 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
DITO'DITOActive
0429.763.646
HirosActive
0862.325.347
OrfeoLiquidation
0449.711.596
THEATERSCHRIFTActive
0447.136.148
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/05/202624/02/202613/05/202420/04/202301/06/202219/05/2021
General meeting17/03/202620/03/202521/03/202423/03/202323/03/202219/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/03/202613/05/2026DutchPDF
Abridged model31/12/202420/03/202524/02/2026DutchPDF
Abridged model31/12/202321/03/202413/05/2024DutchPDF
Abridged model31/12/202223/03/202320/04/2023DutchPDF
Abridged model31/12/202123/03/202201/06/2022DutchPDF
Abridged model31/12/202019/03/202119/05/2021DutchPDF
Abridged model31/12/201926/03/202026/06/2020DutchPDF
Abridged model31/12/201818/03/201926/04/2019DutchPDF
Abridged model31/12/201719/03/201816/05/2018DutchPDF
Abridged model31/12/201620/03/201705/07/2017DutchPDF
Abridged model31/12/201521/03/201621/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 3 active · 25 ended

Active mandates

Jasper Delva

Director · since 21 mars 2024 · until 21 mars 2030

Active
Kim Snauwaert

Director · since 21 mars 2024 · until 21 mars 2030

Active
Ruth Collier

Chairman of the board of directors · since 21 mars 2024 · until 21 mars 2030

Active

Ended mandates

Kristof Blom

Director · since 21 mars 2024 · until 21 mars 2030

Ended
AN Olaerts

Director · since 19 mars 2021 · until 19 mars 2025

Ended
Jan Wallyn

Director · since 19 mars 2021 · until 19 mars 2025

Ended
Jasper Delva

Director · since 19 mars 2021 · until 18 mars 2027

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-36,7 k €
  2. 2024
    Annual accounts 202429,5 k €
  3. 2023
    Annual accounts 202334,7 k €
  4. 2022
    Annual accounts 2022-5 k €
  5. 2021
    Annual accounts 202115,7 k €
  6. 2020
    Annual accounts 202020,9 k €
  7. 2019
    Annual accounts 201911,4 k €
  8. 2018
    Annual accounts 201819,6 k €
  9. 2017
    Annual accounts 20177 k €
  10. 2016
    Annual accounts 2016-23,9 k €
  11. 2015
    Annual accounts 201519,6 k €
  12. 05/10/2006
    IncorporationNon-profit organization