E.S.E.-PRODUCTS
ActiveSummary
E.S.E.-PRODUCTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €6k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-9
Solvency60▼-30
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.7 in 2024; short-term debt: 42.2% and cash: 14.9% of total assets), but 65.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.9%
Return on assets
1.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
6 d early
2022
5 d early
2021
11 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 0.9%
2024 · €126k
2019: €30klowest in 7 years
2020: €78k▲ +163% vs 2019
2021: €97k▲ +25.1% vs 2020
2022: €98k▲ +0.1% vs 2021
2023: €113k▲ +16.2% vs 2022
2024: €126k▲ +11.2% vs 2023
2025: €127k▲ +0.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€364k▲ 86.8%
2024 · €195k
2019: €169klowest in 7 years
2020: €186k▲ +10.2% vs 2019
2021: €347k▲ +86.6% vs 2020
2022: €237k▼ -31.7% vs 2021
2023: €501k▲ +111% vs 2022highest in 7 years
2024: €195k▼ -61.1% vs 2023
2025: €364k▲ +86.8% vs 2024
2019 → 2025
Net result
€6k▼ 64.4%
2024 · €17k
2019: €-18klowest in 7 years
2020: €58k▲ +430% vs 2019highest in 7 years
2021: €44k▼ -23.9% vs 2020
2022: €4k▼ -90.1% vs 2021
2023: €20k▲ +358% vs 2022
2024: €17k▼ -14.7% vs 2023
2025: €6k▼ -64.4% vs 2024
2019 → 2025
Working capital
€205k▲ 83.6%
2024 · €111k
2019: €21klowest in 7 years
2020: €76k▲ +260% vs 2019
2021: €113k▲ +47.9% vs 2020
2022: €79k▼ -29.8% vs 2021
2023: €101k▲ +27.2% vs 2022
2024: €111k▲ +10.4% vs 2023
2025: €205k▲ +83.6% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€98k▲ 0.1%€113k▲ 16.2%€126k▲ 11.2%€127k▲ 0.9%
2021: €97klowest in 5 years
2022: €98k▲ +0.1% vs 2021
2023: €113k▲ +16.2% vs 2022
2024: €126k▲ +11.2% vs 2023
2025: €127k▲ +0.9% vs 2024highest in 5 years
Operating result€58k-€7k▼ 87.8%€29k▲ 306%€26k▼ 7.8%€10k▼ 61.6%
2021: €58khighest in 5 years
2022: €7k▼ -87.8% vs 2021lowest in 5 years
2023: €29k▲ +306% vs 2022
2024: €26k▼ -7.8% vs 2023
2025: €10k▼ -61.6% vs 2024
Net result€44k-€4k▼ 90.1%€20k▲ 358%€17k▼ 14.7%€6k▼ 64.4%
2021: €44khighest in 5 years
2022: €4k▼ -90.1% vs 2021lowest in 5 years
2023: €20k▲ +358% vs 2022
2024: €17k▼ -14.7% vs 2023
2025: €6k▼ -64.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €364k
Fixed assets
€6k ▼ 67.9%
Current assets
€358k ▲ 102%
Equity and liabilities €364k
Equity
€127k ▲ 0.9%
Debt
€237k ▲ 244%
Debt's share of the balance-sheet total rises from 35.3% to 65.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2024 · €38k
Cash flow
€18k▼
2024 · €29k
Current ratio
2.33▼
2024 · 2.70
Debt to equity
1.86▲
2024 · 0.55
ROE
4.8%▼
2024 · 13.6%
ROA
1.7%▼
2024 · 8.8%
Interest coverage
34.06▲
2024 · 20.89
Debt ≤ 1 year
€154k▲
2024 · €66k
Income taxes
€4k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€195k€364k▲
Formation expenses20-€0
Fixed assets21/28€18k€6k▼
Tangible fixed assets22/27€18k€6k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€14k€4k▼
Current assets29/58€177k€358k▲
Amounts receivable within one year40/41€47k€140k▲
Trade receivables40€41k€136k▲
Other amounts receivable41€7k€4k▼
Current investments50/53€90k€80k▼
Cash at bank and in hand54/58€38k€54k▲
Deferred charges and accrued income490/1€1k€84k▲
Equity and liabilities
Total equity and liabilities10/49€195k€364k▲
Equity10/15€126k€127k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€107k€109k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€106k€107k▲
Amounts payable17/49€69k€237k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€66k€154k▲
Current portion of amounts payable after more than one year42€9k€2k▼
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€18k€115k▲
Suppliers440/4€18k€115k▲
Taxes, remuneration and social security45€37k€32k▼
Taxes450/3€35k€32k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€175€83k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€12k€10k▼
Gross operating margin9900€50k€32k▼
Operating profit (loss)9901€26k€10k▼
Financial income75/76B€764€687▼
Recurring financial income75€764€687▼
Financial charges65/66B€2k€648▼
Recurring financial charges65€2k€648▼
Profit (loss) for the period before taxes9903€25k€10k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€17k€6k▼
Profit (loss) for the period to be appropriated9905€17k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€6k▼
Transfer from equity791/2€5k€5k▲
Transfer to equity691/2€17k€6k▼
To other reserves6921€17k€6k▼
Profit to be distributed694/7€5k€5k▲
Return on contributions (dividend)694€5k€5k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €12k | €12k | €12k | €12k | ▼ 1.4% |
| Other operating charges640/8 | - | €13k | €14k | €12k | €10k | ▼ 17.9% |
| Gross operating margin9900 | €85k | €32k | €55k | €50k | €32k | ▼ 36.8% |
| Operating profit (loss)9901 | €58k | €7k | €29k | €26k | €10k | ▼ 61.6% |
| Financial income75/76B | - | €139 | €203 | €764 | €687 | ▼ 10.0% |
| Recurring financial income75 | €222 | €139 | €203 | €764 | €687 | ▼ 10.0% |
| Financial charges65/66B | - | €663 | €386 | €2k | €648 | ▼ 64.8% |
| Recurring financial charges65 | €165 | €663 | €386 | €2k | €648 | ▼ 64.8% |
| Profit (loss) for the period before taxes9903 | €58k | €6k | €28k | €25k | €10k | ▼ 59.8% |
| Income taxes67/77 | €13k | €2k | €8k | €8k | €4k | ▼ 50.1% |
| Profit (loss) for the period9904 | €44k | €4k | €20k | €17k | €6k | ▼ 64.4% |
| Profit (loss) for the period to be appropriated9905 | €44k | €4k | €20k | €17k | €6k | ▼ 64.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €347k | €237k | €501k | €195k | €364k | ▲ 86.8% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €53k | €42k | €30k | €18k | €6k | ▼ 67.9% |
| Tangible fixed assets22/27 | €53k | €42k | €30k | €18k | €6k | ▼ 67.9% |
| Plant, machinery and equipment23 | - | €339 | €169 | €0 | €0 | = |
| Furniture and vehicles24 | - | €6k | €5k | €3k | €2k | ▼ 43.4% |
| Leasing and similar rights25 | - | €36k | €25k | €14k | €4k | ▼ 73.4% |
| Current assets29/58 | €294k | €195k | €471k | €177k | €358k | ▲ 102% |
| Stocks and contracts in progress3 | - | €952 | - | - | - | - |
| Contracts in progress37 | - | €952 | - | - | - | - |
| Amounts receivable within one year40/41 | €196k | €29k | €336k | €47k | €140k | ▲ 196% |
| Trade receivables40 | - | €26k | €333k | €41k | €136k | ▲ 234% |
| Other amounts receivable41 | - | €2k | €4k | €7k | €4k | ▼ 35.9% |
| Current investments50/53 | - | - | - | €90k | €80k | ▼ 11.0% |
| Cash at bank and in hand54/58 | €98k | €165k | €134k | €38k | €54k | ▲ 41.8% |
| Deferred charges and accrued income490/1 | - | €538 | €639 | €1k | €84k | ▲ 5,958% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €347k | €237k | €501k | €195k | €364k | ▲ 86.8% |
| Equity10/15 | €97k | €98k | €113k | €126k | €127k | ▲ 0.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | €19k | - | - |
| Issued capital100 | - | €19k | €19k | €19k | - | - |
| Reserves13 | €79k | €79k | €95k | €107k | €109k | ▲ 1.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Distributable reserves133 | - | €77k | €93k | €106k | €107k | ▲ 1.1% |
| Amounts payable17/49 | €250k | €140k | €388k | €69k | €237k | ▲ 244% |
| Amounts payable after more than one year17 | €29k | €20k | €14k | €3k | - | - |
| Financial debts170/4 | - | €20k | €14k | €3k | - | - |
| Amounts payable within one year42/48 | €181k | €116k | €370k | €66k | €154k | ▲ 134% |
| Current portion of amounts payable after more than one year42 | - | €7k | €6k | €9k | €2k | ▼ 76.9% |
| Financial debts43 | - | - | - | €2k | - | - |
| Credit institutions430/8 | - | - | - | €2k | - | - |
| Trade debts44 | €108k | €89k | €295k | €18k | €115k | ▲ 526% |
| Suppliers440/4 | - | €89k | €295k | €18k | €115k | ▲ 526% |
| Taxes, remuneration and social security45 | - | €20k | €69k | €37k | €32k | ▼ 14.0% |
| Taxes450/3 | - | €20k | €67k | €35k | €32k | ▼ 7.9% |
| Remuneration and social security454/9 | - | - | €2k | €2k | - | - |
| Other amounts payable47/48 | - | - | - | - | €5k | - |
| Accrued charges and deferred income492/3 | - | €4k | €4k | €175 | €83k | ▲ 47,409% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44k | €4k | €20k | €17k | €6k | ▼ 64.4% |
| + Depreciation and write-downs630 | €8k | €12k | €12k | €12k | €12k | ▼ 1.4% |
| Operating cash flow (approximation) | €52k | €17k | €32k | €29k | €18k | ▼ 38.3% |
| Investment in fixed assets (approximation) | - | €-912 | €0 | €0 | €0 | - |
| Change in cash | - | €68k | €-31k | €-96k | €16k | ▲ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 2.70
Current ratio from 1.27 to 2.70; short-term debt falls from €370k to €66k.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100kEq €113k ▲16.2%
4 profitable years in a row build equity to €113k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Beringen · 1 establishment unit since 2011
Ground area
1,448 m²
Building footprint
225 m²
Parcel 71004A0456/00N002, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Paalsesteenweg 50, 3580 Beringen
since 20112.201.463.005
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0456/00N002 | Flanders | 1,448 m² | 1 · 225 m² | - |
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.
Similar companies · same sector, comparable size
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TOM PRIMEUR
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PRO-HORECA
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BE 0695.917.788
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Of 1,639 companies in sector 46170 we hold annual accounts for 670. 467 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-07-2011
Fiscal year end30-06
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
Scores and ratios are computed by Checked and are not a credit decision.