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E.S.C.

Active
Public limited companyfounded 199432 yrs activeDistelsstraat 19, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0451.936.559
Summary

E.S.C. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€157,452) and a net result of -€377. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 482 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€157,452
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
28 d early
2023
29 d late
2022
12 d early
2021
10 d early
2020
20 d late
2019
18 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 6 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · 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 21 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

E.S.C. was incorporated on 27 January 1994.1 Total assets fell from EUR 5,493 in 2018 to EUR 1,655 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2025, abbreviated schema

Equity
-€157,452▼ 0.2%
2024 · -€157,075
Total assets
€7▼ 48.6%
2024 · €14
Net result
-€377▼ 7.4%
2024 · -€351
Working capital
-€2,861▼ 15.2%
2024 · -€2,484
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€275▼ 1.5%-€2,021▼ 635%-€4,370▼ 116%-€306▲ 93.0%-€332▼ 8.5%
Net result-€320below the sector's middle half▼ 0.6%-€2,066below the sector's middle half▼ 546%-€4,415below the sector's middle half▼ 114%-€351below the sector's middle half▲ 92.1%-€377within the sector's middle half▼ 7.4%
Equity-€150,244below the sector's middle half▼ 0.2%-€152,310below the sector's middle half▼ 1.4%-€156,724below the sector's middle half▼ 2.9%-€157,075below the sector's middle half▼ 0.2%-€157,452below the sector's middle half▼ 0.2%
Total assets€4,348below the sector's middle half▼ 10.7%€2,282below the sector's middle half▼ 47.5%€1,655below the sector's middle half▼ 27.5%€14below the sector's middle half▼ 99.1%€7below the sector's middle half▼ 48.6%
Debt€3,788€2,498▼ 34.1%€2,868▲ 14.8%
Working capital-€2,133below the sector's middle half-€2,484below the sector's middle half▼ 16.4%-€2,861within the sector's middle half▼ 15.2%
Current ratio
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2021: -€275-€275Net result 2021: -€320-€320Operating result 2022: -€2,021-€2,021Net result 2022: -€2,066-€2,066Operating result 2023: -€4,370-€4,370Net result 2023: -€4,415-€4,415Operating result 2024: -€306-€306Net result 2024: -€351-€351Operating result 2025: -€332-€332Net result 2025: -€377-€37720212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€4,370-€4,370Net result 2023: -€4,415-€4,410Operating result 2024: -€306-€306Net result 2024: -€351-€351Operating result 2025: -€332-€332Net result 2025: -€377-€377202320242025
The operating result stays negative: a loss of €332 in 2025 against €306 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€2,868▲
2024 · €2,498
Ratios withheld: a balance sheet total of €7 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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% 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 6,622 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 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€14€7▼
Current assets29/58€14€7▼
Cash at bank and in hand54/58€14€7▼
Equity and liabilities
Total equity and liabilities10/49€14€7▼
Equity10/15-€157,075-€157,452▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€15,062€15,062=
Non-distributable reserves130/1€1,304€1,304=
Legal reserve130€1,304€1,304=
Distributable reserves133€13,758€13,758=
Profit (loss) carried forward14-€233,638-€234,014▼
Provisions and deferred taxes16€154,591€154,591=
Provisions for liabilities and charges160/5€154,591€154,591=
Other liabilities and charges164/5€154,591€154,591=
Amounts payable17/49€2,498€2,868▲
Amounts payable within one year42/48€2,498€2,868▲
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€2,498€2,868▲
Income statement Code20242025
Other operating charges640/8€64€66▲
Gross operating margin9900-€242-€266▼
Operating profit (loss)9901-€306-€332▼
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€351-€377▼
Profit (loss) for the period9904-€351-€377▼
Profit (loss) for the period to be appropriated9905-€351-€377▼
Appropriation of the result
Profit (loss) to be appropriated9906-€233,638-€234,014▼
Profit (loss) brought forward from the previous period14P-€233,287-€233,638▼
Line20212022202320242025Change
Other operating charges640/8€55€465€310€64€66▲ 3.0%
Gross operating margin9900-€220-€1,556-€4,059-€242-€266▼ 10.0%
Operating profit (loss)9901-€275-€2,021-€4,370-€306-€332▼ 8.5%
Financial charges65/66B€45€45€45€45€45=
Recurring financial charges65€45€45€45€45€45=
Profit (loss) for the period before taxes9903-€320-€2,066-€4,415-€351-€377▼ 7.4%
Profit (loss) for the period9904-€320-€2,066-€4,415-€351-€377▼ 7.4%
Profit (loss) for the period to be appropriated9905-€320-€2,066-€4,415-€351-€377▼ 7.4%
Line20212022202320242025Change
Assets
Total assets20/58€4,348€2,282€1,655€14€7▼ 48.6%
Current assets29/58€4,348€2,282€1,655€14€7▼ 48.6%
Amounts receivable within one year40/41€4,338€2,237€0---
Other amounts receivable41€4,338€2,237€0---
Cash at bank and in hand54/58€10€45€1,655€14€7▼ 48.6%
Equity and liabilities
Total equity and liabilities10/49€4,348€2,282€1,655€14€7▼ 48.6%
Equity10/15-€150,244-€152,310-€156,724-€157,075-€157,452▼ 0.2%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10€61,500€61,500€61,500€61,500€61,500=
Issued capital100€61,500€61,500€61,500€61,500€61,500=
Reserves13€15,062€15,062€15,062€15,062€15,062=
Non-distributable reserves130/1€1,304€1,304€1,304€1,304€1,304=
Legal reserve130€1,304€1,304€1,304€1,304€1,304=
Distributable reserves133€13,758€13,758€13,758€13,758€13,758=
Profit (loss) carried forward14-€226,806-€228,872-€233,287-€233,638-€234,014▼ 0.2%
Provisions and deferred taxes16€154,592€154,592€154,591€154,591€154,591=
Provisions for liabilities and charges160/5€154,592€154,592€154,591€154,591€154,591=
Other liabilities and charges164/5€154,592€154,592€154,591€154,591€154,591=
Amounts payable17/49--€3,788€2,498€2,868▲ 14.8%
Amounts payable within one year42/48--€3,788€2,498€2,868▲ 14.8%
Trade debts44--€1,650€0--
Suppliers440/4--€1,650€0--
Other amounts payable47/48--€2,138€2,498€2,868▲ 14.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€320-€2,066-€4,415-€351-€377▼ 7.4%
Operating cash flow (approximation)-€320-€2,066-€4,415-€351-€377▼ 7.4%
Change in cash-€35€1,610-€1,641-€7▲ 99.6%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€4,415
Net result drops to -€4,415, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
18-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are 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, Schaarbeek · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
504 m²
Building footprint
114 m²
Volume, LiDAR
1,278 m³
Parcel 21904B0457/00E002, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Distelsstraat 19, 1030 Schaarbeek
NACE 7230001
since 19942.065.668.052
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21904B0457/00E002 Brussels 504 m² 1 · 114 m² 15.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. SPIRIT OF AMERICA 100%
  2. E.S.C.

Highest known parent: SPIRIT OF AMERICA. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,727 companies in sector 63100 we hold annual accounts for 1,274. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-01-1994
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0451936559
Registered 24-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.