E.E.S.A.
ActiveSummary
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).
Overview
- Equity
- €174,954
- Profit
- €1,821
Why 96lowers riskSize: total assets €175,485Founded in 1993Liquidity: current ratio 249.50, cash €79,015Equity €174,954 (99.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 95% on liquidity, 49% on profitability and 52% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 17,041 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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.
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 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Bie Eduardus |
|
Owners and capital
Capital and shareholders
- 21-11-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-11
Gazette deed
Resignation: De Bie Eduardus (manager)Reappointment: De Bie Eduardus (director) · Amendment of the articles · Capital conversion8 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Director resignation, De Bie Eduardus (manager)
- Director reappointment, De Bie Eduardus (director)
- Director discharge, De Bie Eduardus
- Registered office clause, “2018 Antwerpen,Lange Lozanastraat 145-147” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11810K1602/00K014 | Flanders | 304 m² | 1 · 257 m² | 21.1 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle verrichtingen met betrekking tot de aankoop,de verkoop,de verhuring,de verkaveling,de ruil,de verbetering,het beheer en de verandering…” (deed in Dutch)
6 activities (deed in Dutch)
- Alle verrichtingen met betrekking tot de aankoop,de verkoop,de verhuring,de verkaveling,de ruil,de verbetering,het beheer en de verandering van onroerende goederen,en dit zowel voor haarzelf als voor rekening van derden,in deelneming met andere ondernemingen of door tussenkomst van ieder ander fysisch rechtspersoon.
- De vennootschap kan alle handels-,financiële-,industriële-,roerende- en onroerende- verrichtingen doen,die de verwezenlijking van het voorwerp,rechtstreeks of onrechtstreeks in de hand werken.
- Zij kan door middel van inschrijving,inbreng,fusie of opslorping deelnemen in alle andere Belgische of buitenlandse vennootschappen,instellingen of ondernemingen,zonder onderscheid,ongeacht of zij opgericht zijn of nog moeten opgericht worden,vandewelke het maatschappelijk voorwerp gelijk is,verwant of analoog aan het hare of waarvan de deelname of samenwerking kan bijdragen tot de verwezenlijking van haar doel.
- Zij kan zich borg stellen of aval verlenen,optreden als agent of vertegenwoordiger,voorschotten toestaan,krediet verlenen,hypothecaire of andere zekerheden verstrekken.
- Deze opsomming is niet beperkend,zodat de vennootschap alle handelingen kan stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van het voorwerp.
- Zij kan de functie van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- E.E.S.A.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit van bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone“Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet…”
Full text
Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur en die, indien zij worden benoemd in de statuten, de hoedanigheid van statutair bestuurder kunnen hebben. De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn, hun bevoegdheid. Bij gebrek aan bepaling van de duurtijd, wordt hun mandaat geacht van onbepaalde duur te zijn Bevoegdheden van het bestuursorgaan Bestuurdersbevoegdheid Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die nodig of nuttig zijn voor de verwezenlijking van het voorwerp van de vennootschap, behalve deze die de wet of de statuten aan de algemene vergadering voorbehouden. De statuten kunnen de bevoegdheden van elke bestuurder beperken. Zodanige beperking kan niet aan derden worden tegengeworpen, ook al is ze openbaar gemaakt. Hetzelfde geldt voor een onderlinge taakverdeling onder de bestuurders. De vennootschap is verbonden door de handelingen van het bestuursorgaan, van de personen aan wie het dagelijks bestuur is opgedragen en van de bestuurders die overeenkomstig artikel 5:73 §2 de bevoegdheid hebben om haar te vertegenwoordigen, zelfs indien die handelingen buiten haar voorwerp liggen, tenzij de vennootschap bewijst dat de derde daarvan op de hoogte was of er, gezien de omstandigheden, niet onkundig van kon zijn; bekendmaking van de statuten alleen is echter geen voldoende bewijs. Algemene vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Ook indien er verschillende bestuurders worden aangesteld, hebben zij het vermogen om ieder afzonderlijk op te treden voor alle handelingen.
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Geboekt op algemene kosten, of mandaat al dan niet ten kosteloze titel wordt uitgeoefend” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 14:00