E.S.A.B.

Active

Public limited companyfounded 193294 yrs activeLiersesteenweg 173H, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0400.630.685

Summary

E.S.A.B. has been active since 1932 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €196,746. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 41% of 6016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch Report Compare

E.S.A.B.ActiveChecked score 88/100

Risk analysis Report Compare

Activity

Wholesale of machine tools

NACE 46620

#1 oldest company in Heist-op-den-Berg2 sites

Size

€13.3mturnover 2025

Staff: 10.5 FTE
Equity: €1.7m
Profit: €196,746

Financial health

88 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.2%

Structure

Parent: Colfax Corporation
Board: 3 members
Holdings: 1

Auditor: EY BedrijfsrevisorenAccounts filed 4 d late

Why 88- Liquidity: current ratio 1.60, cash €253,193+ Founded in 1932+ Size: turnover €13.3m, 10.5 FTE, total assets €4.5m+ Profit of €196,746 (FY 2025)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Better than 34% of its sector peers (NACE 46, small)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 63-25

equity 38.1% of total assets

Liquidity 25-17

short-term debt 61.5% · cash 5.6%

Profitability 60-4

return on assets 4.3%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,373 companies)

Last 24 months 11-2024: 0.8% 12-2024: 0.9%▲ +24.1% vs 11-2024 01-2025: 1.8%▲ +93.0% vs 12-2024highest value 02-2025: 1.8%● 0.0% vs 01-2025highest value 03-2025: 1.8%● 0.0% vs 02-2025highest value 04-2025: 1.6%▼ -10.3% vs 03-2025 05-2025: 1.6%● 0.0% vs 04-2025 06-2025: 1.6%● 0.0% vs 05-2025 07-2025: 1.6%● 0.0% vs 06-2025 08-2025: 0.1%▼ -96.5% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -3.5% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%▲ +1.8% vs 03-2026 05-2026: 0.1%▲ +5.4% vs 04-2026 06-2026: 0.1%▲ +3.4% vs 05-2026 07-2026: 0.1%▲ +3.3% vs 06-2026 08-2026: 0.2%▲ +146% vs 07-2026 09-2026: 0.2%▼ -0.6% vs 08-2026 10-2026: 0.2%● 0.0% vs 09-2026

Founded in 1932 lowers the probability for this profile
Liquidity: current ratio 1.60, cash €253,193 raises the probability
Size: turnover €13.3m, 10.5 FTE, total assets €4.5m lowers the probability for this profile
Profit of €196,746 (FY 2025) lowers the probability

Credit up to €150,000 at 30 days acceptable

Liquidity ample (current ratio 1.6 against 2.84 in 2024; short-term debt: 61.5% and cash: 5.6% of total assets), but 61.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 44%, liquidity 23%, profitability 45%, growth against the median 23%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Founded in 1932

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Liquidity: current ratio 1.60, cash €253,193

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: turnover €13.3m, 10.5 FTE, total assets €4.5m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Profit of €196,746 (FY 2025)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

4 d late

2024

6 d early

2023

5 d early

2022

21 d late

2021

143 d late

2020

132 d late

2019

69 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

04-08-26 Annual accounts filedfiscal year 2025 · full…
27-05-26 Resignation: Kevin Johnson (director)Appointment: Mark Kurish (director)
25-07-25 Annual accounts filedfiscal year 2024 · full…