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E.E.S.A.

Active
Private limited companyfounded 1993active for 32 yearsLange Lozanastraat 145-147, 2018 Antwerpen, BelgiumKBO/BCE: BE 0451.347.433
Summary

E.E.S.A. has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174,954 and a net result of €1,821. Equity remains stable across the filed financial years (±1.6% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€174,954▲ 1.1%
2024 · €173,133
Total assets
€175,485▲ 1.0%
2024 · €173,699
Net result
€1,821▲ 7.1%
2024 · €1,700
Working capital
€131,956▲ 2.5%
2024 · €128,747
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 23% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1,418 2025 Net result€1,821 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€8,641-€3,198▼ 63.0%€877▼ 72.6%€1,930▲ 120%€1,396▼ 27.7%€219▼ 84.3%€1,842▲ 741%€1,418▼ 23.0%
Net result€7,890-€4,624▼ 41.4%€4,081▼ 11.7%€3,705▼ 9.2%€3,695▼ 0.3%€219▼ 94.1%€1,700▲ 676%€1,821▲ 7.1%
Equity€155,109-€159,733▲ 3.0%€163,814▲ 2.6%€167,519▲ 2.3%€171,214▲ 2.2%€171,433▲ 0.1%€173,133▲ 1.0%€174,954▲ 1.1%
Total assets€159,816-€162,431▲ 1.6%€168,543▲ 3.8%€169,365▲ 0.5%€173,054▲ 2.2%€171,513▼ 0.9%€173,699▲ 1.3%€175,485▲ 1.0%
Debt€4,707-€2,698▼ 42.7%€4,729▲ 75.3%€1,846▼ 61.0%€1,840▼ 0.3%€80▼ 95.7%€566▲ 608%€531▼ 6.2%
Working capital€92,150-€101,158▲ 9.8%€109,622▲ 8.4%€114,126▲ 4.1%€119,818▲ 5.0%€122,331▲ 2.1%€128,747▲ 5.2%€131,956▲ 2.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175,485
Fixed assets €42,998 ▼ 3.1%
Current assets €132,487 ▲ 2.5%
Equity and liabilities €175,485
Equity €174,954 ▲ 1.1%
Debt €531 ▼ 6.2%
Debt's share of the balance-sheet total stays at 0.3%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,219▼
2024 · €6,558
Cash flow
€6,622▲
2024 · €6,416
Debt to equity
0.00▼
2024 · 0.00
ROE
1.0%▲
2024 · 1.0%
ROA
1.0%▲
2024 · 1.0%
Interest coverage
40.65▲
2024 · 11.55
Debt ≤ 1 year
€531▼
2024 · €566
Income taxes
€843▼
2024 · €871
A ratio outside any meaningful range has been withheld (balance sheet total €175,485, equity €174,954).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€173,699€175,485▲
Fixed assets21/28€44,386€42,998▼
Tangible fixed assets22/27€44,386€42,998▼
Land and buildings22€44,386€42,998▼
Current assets29/58€129,313€132,487▲
Amounts receivable within one year40/41€40,894€53,162▲
Trade receivables40€36,000€48,000▲
Other amounts receivable41€4,894€5,162▲
Cash at bank and in hand54/58€88,127€79,015▼
Deferred charges and accrued income490/1€292€310▲
Equity and liabilities
Total equity and liabilities10/49€173,699€175,485▲
Equity10/15€173,133€174,954▲
Contributions10/11€93,987€93,987=
Reserves13€66,458€68,279▲
Distributable reserves133€66,458€68,279▲
Profit (loss) carried forward14€12,688€12,688=
Amounts payable17/49€566€531▼
Amounts payable within one year42/48€566€531▼
Taxes, remuneration and social security45€566€531▼
Taxes450/3€566€531▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,716€4,801▲
Other operating charges640/8€2,339€2,405▲
Gross operating margin9900€8,897€8,624▼
Operating profit (loss)9901€1,842€1,418▼
Financial income75/76B€1,297€1,399▲
Recurring financial income75€1,014€1,131▲
Non-recurring financial income76B€283€268▼
Financial charges65/66B€568€153▼
Recurring financial charges65€568€153▼
Profit (loss) for the period before taxes9903€2,571€2,664▲
Income taxes67/77€871€843▼
Profit (loss) for the period9904€1,700€1,821▲
Profit (loss) for the period to be appropriated9905€1,700€1,821▲
Appropriation of the result
Profit (loss) to be appropriated9906€14,388€14,509▲
Profit (loss) brought forward from the previous period14P€12,688€12,688=
Transfer to equity691/2€1,700€1,821▲
To other reserves6921€1,700€1,821▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,384€4,384€4,383€4,423€4,630€4,680€4,716€4,801▲ 1.8%
Other operating charges640/8---€2,037€2,083€2,264€2,339€2,405▲ 2.8%
Gross operating margin9900€15,133€9,518€7,258€8,390€8,109€7,163€8,897€8,624▼ 3.1%
Operating profit (loss)9901€8,641€3,198€877€1,930€1,396€219€1,842€1,418▼ 23.0%
Financial income75/76B---€3,762€4,293€233€1,297€1,399▲ 7.9%
Recurring financial income75€3,975€4,252€5,374€3,762€4,293€233€1,014€1,131▲ 11.5%
Non-recurring financial income76B---€3,762€4,293€233€283€268▼ 5.3%
Financial charges65/66B---€141€153€153€568€153▼ 73.1%
Recurring financial charges65€131€128€139€141€153€153€568€153▼ 73.1%
Profit (loss) for the period before taxes9903€12,485€7,322€6,112€5,551€5,536€299€2,571€2,664▲ 3.6%
Income taxes67/77€4,595€2,698€2,031€1,846€1,841€80€871€843▼ 3.2%
Profit (loss) for the period9904€7,890€4,624€4,081€3,705€3,695€219€1,700€1,821▲ 7.1%
Profit (loss) for the period to be appropriated9905€7,890€4,624€4,081€3,705€3,695€219€1,700€1,821▲ 7.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€159,816€162,431€168,543€169,365€173,054€171,513€173,699€175,485▲ 1.0%
Fixed assets21/28€62,959€58,575€54,192€53,393€51,396€49,102€44,386€42,998▼ 3.1%
Tangible fixed assets22/27€62,959€58,575€54,192€53,393€51,396€49,102€44,386€42,998▼ 3.1%
Land and buildings22---€53,393€51,396€49,102€44,386€42,998▼ 3.1%
Current assets29/58€96,857€103,856€114,351€115,972€121,658€122,411€129,313€132,487▲ 2.5%
Amounts receivable within one year40/41-€64,684€70,058€73,820€16,378€28,611€40,894€53,162▲ 30.0%
Trade receivables40---€12,000€12,000€24,000€36,000€48,000▲ 33.3%
Other amounts receivable41---€61,820€4,378€4,611€4,894€5,162▲ 5.5%
Cash at bank and in hand54/58€39,425€39,172€44,293€42,152€105,037€93,508€88,127€79,015▼ 10.3%
Deferred charges and accrued income490/1----€243€292€292€310▲ 6.2%
Equity and liabilities
Total equity and liabilities10/49€159,816€162,431€168,543€169,365€173,054€171,513€173,699€175,485▲ 1.0%
Equity10/15€155,109€159,733€163,814€167,519€171,214€171,433€173,133€174,954▲ 1.1%
Contributions10/11€93,987€93,987-€93,987€93,987€93,987€93,987€93,987=
Reserves13€48,653€53,277€57,358€61,063€64,758€64,758€66,458€68,279▲ 2.7%
Non-distributable reserves130/1---€3,099€3,099----
Reserves not available under the articles1311---€3,099€3,099----
Distributable reserves133---€57,964€61,659€64,758€66,458€68,279▲ 2.7%
Profit (loss) carried forward14€12,469€12,469€12,469€12,469€12,469€12,688€12,688€12,688=
Amounts payable17/49€4,707€2,698€4,729€1,846€1,840€80€566€531▼ 6.2%
Amounts payable within one year42/48€4,707€2,698€4,729€1,846€1,840€80€566€531▼ 6.2%
Taxes, remuneration and social security45---€1,846€1,840€80€566€531▼ 6.2%
Taxes450/3---€1,846€1,840€80€566€531▼ 6.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,890€4,624€4,081€3,705€3,695€219€1,700€1,821▲ 7.1%
+ Depreciation and write-downs630€4,384€4,384€4,383€4,423€4,630€4,680€4,716€4,801▲ 1.8%
Operating cash flow (approximation)€12,274€9,008€8,464€8,128€8,325€4,899€6,416€6,622▲ 3.2%
Investment in fixed assets (approximation)-€0€0-€3,624-€2,633-€2,386€0-€3,413-
Change in cash--€253€5,121-€2,141€62,885-€11,529-€5,381-€9,112▼ 69.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 28-07-2026 2026-00342467
31-12-2024 micro format 16-06-2025 2025-00142198
31-12-2023 micro format 26-08-2024 2024-00371727
31-12-2022 micro format 15-06-2023 2023-00132987
31-12-2021 micro format 18-07-2022 2022-20198029
31-12-2020 micro format 29-07-2021 2021-43000038
31-12-2019 micro format 17-07-2020 2020-32100377
31-12-2018 micro format 31-07-2019 2019-42900022
31-12-2017 micro format 03-07-2018 2018-28600174
31-12-2016 micro format 15-06-2017 2017-18500027

Show all 32 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.