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E.S.P.

Active
Public limited companyfounded 198343 years activeFilliersdreef 20, 9800 Deinze, BelgiumKBO/BCE: BE 0424.602.058
Summary

E.S.P. has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,131 and a net result of €9,421. Equity is shrinking by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 2,404 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€87,731total assets 2025
Staff
0.5 FTE
Equity
€79,131
Profit
€9,421
Financial health
96 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
ICOMET GROUP · 100%
Accounts 35 days early0 of 11 deeds read
Why 96- Sector Specialised construction activities (NACE 43)- Size: 0.5 FTE, total assets €87,731+ Liquidity: current ratio 10.20, cash €15,179+ Founded in 1983Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 90.2% of total assets
Liquidity 72-16
short-term debt 9.8% · cash 17.3%
Profitability 82+4
return on assets 10.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 10.2 against 8.83 in 2024; short-term debt: 9.8% and cash: 17.3% of total assets), and 9.8% of the assets are financed with debt.
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 (NACE 43, micro): better than 90% on solvency, 70% on liquidity, 64% on profitability and 60% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Size: 0.5 FTE, total assets €87,731
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 10.20, cash €15,179
NBB · annual accounts
lowers risk · Founded in 1983
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €79,131
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
50 days early
2023
22 days early
2022
20 days early
2021
11 days early
2020
19 days early
2019
37 days early
← 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 28 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Among the best 5% on solvencysector median 42.6% · 2,404 companies 90.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by ICOMET GROUP 100% View

By topic

Financials

Fiscal year
2025
Total assets
€87,731
Profit
€9,421
Solvency
90.2%
Total assets▲ 11.6%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2023Back to profit
  2. 11-07-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General electrical installation workNACE 43211
Founded
31-08-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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