De Essentie
ActiveThe computed 12-month bankruptcy probability of De Essentie is 2.5% (moderate). The 2024 annual accounts show equity of €20k and a net result of €17k. Its solvency ranks better than 41% of 26052 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability93
Solvency47
Growth-
Track record67
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.14; short-term debt: 77.3% and cash: 22% of total assets), and 77.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.4%
Return on assets
19.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
141 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€20k
Total assets
€87k
Net result
€17k
Working capital
€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €87k
Fixed assets
€11k
Current assets
€77k
Equity and liabilities €87k
Equity
€20k
Debt
€68k
Debt finances 77.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€31k
Cash flow
€20k
Solvency
22.4%
Current ratio
1.14
Quick ratio
0.90
Debt / equity
3.47
ROE
87.2%
ROA
19.5%
Interest coverage
7.15
Debt
€68k
Debt ≤ 1 year
€67k
Income taxes
€6k
Staff costs
€142k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€87k
Fixed assets21/28€11k
Tangible fixed assets22/27€11k
Plant, machinery and equipment23€11k
Current assets29/58€77k
Stocks and contracts in progress3€16k
Stocks30/36€16k
Amounts receivable within one year40/41€39k
Trade receivables40€32k
Other amounts receivable41€7k
Cash at bank and in hand54/58€19k
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€87k
Equity10/15€20k
Contributions10/11€3k
Reserves13€17k
Distributable reserves133€17k
Amounts payable17/49€68k
Amounts payable within one year42/48€67k
Trade debts44€54k
Suppliers440/4€54k
Taxes, remuneration and social security45€14k
Taxes450/3€6k
Remuneration and social security454/9€7k
Accrued charges and deferred income492/3€301
Income statement
Code2024
Remuneration, social security and pensions62€142k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€1k
Gross operating margin9900€174k
Operating profit (loss)9901€27k
Financial income75/76B€16
Recurring financial income75€16
Financial charges65/66B€4k
Recurring financial charges65€4k
Profit (loss) for the period before taxes9903€23k
Income taxes67/77€6k
Profit (loss) for the period9904€17k
Profit (loss) for the period to be appropriated9905€17k
Appropriation of the result
Profit (loss) to be appropriated9906€17k
Transfer to equity691/2€17k
To other reserves6921€17k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Astridlaan 4268310 BruggeGround area
197 m²
Building footprint
174 m²
Volume, LiDAR
875 m³
Parcel 31002B0094/00H003, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Essentie
since 20232.354.831.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002B0094/00H003 | Flanders | 197 m² | 1 · 174 m² | 10.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.354.831.881
Similar companies · same sector, comparable size
ESPACE DEGUSTATION BASTIONS
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BE 0427.560.657
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MIHAM
BE 1000.842.733
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BE 0700.797.977
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BE 0627.623.850
Seraing · Eq €20k
Of 4,228 companies in sector 10712 we hold annual accounts for 1,870. 1,239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2023
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47242Retail sale of chocolate and confectionery
10711Manufacture of food products
10820Manufacture of cocoa, chocolate and sugar confectionery
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.