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E & S WORX

Active
Private limited company (pre-2019)founded 201213 yrs activeFlorent Bauduinstraat 63, 2600 Antwerpen, BelgiumKBO/BCE: BE 0849.833.826
Summary

E & S WORX has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €1k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
54 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-40
Solvency62▼-1
Growth53=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.6 in 2024; short-term debt: 63.5% of total assets), but 63.5% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
36.5%
Return on assets
0.6%
Age of the figures
9 mo
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 d early
2024
30 d early
2023
75 d late
2022
13 d early
2021
32 d early
2020
12 d late
2019
101 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, micro schema

Turnover
€139k▲ 41.0%
2023 · €99k
2018: €241k 2019: €217k 2020: €161k 2021: €229k 2022: €169k 2023: €99k
2018 → 2024
EBIT margin
12.4%▼ 3.3pp
2023 · 15.7%
2018: 0.5% 2019: 3.3% 2020: 6.0% 2021: 3.7% 2022: -9.8% 2023: 15.7%
2018 → 2024
Net result
€1k▼ 90.2%
2024 · €11k
2018: €426 2019: €4k 2020: €8k 2021: €5k 2022: €-18k 2023: €9k 2024: €11k
2018 → 2025
Working capital
€61k▲ 1.9%
2024 · €60k
2018: €42k 2019: €46k 2020: €54k 2021: €50k 2022: €33k 2023: €38k 2024: €60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€229k-€169k▼ 26.2%€99k▼ 41.7%€139k▲ 41.0%
Equity€60k-€42k▼ 30.5%€50k▲ 21.2%€62k▲ 22.6%€63k▲ 1.8%
Operating result€8k-€-17k€15k€17k▲ 11.5%€8k▼ 55.6%
Net result€5k-€-18k€9k€11k▲ 29.1%€1k▼ 90.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €8k€8kNet result 2021: €5k€5kOperating result 2022: €-17k€-17kNet result 2022: €-18k€-18kOperating result 2023: €15k€15kNet result 2023: €9k€9kOperating result 2024: €17k€17kNet result 2024: €11k€11kOperating result 2025: €8k€8kNet result 2025: €1k€1k20212022202320242025€0€5k€10k€15kOperating result 2023: €15k€15kNet result 2023: €9k€8.8kOperating result 2024: €17k€17kNet result 2024: €11k€11kOperating result 2025: €8k€7.7kNet result 2025: €1k€1.1k202320242025
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets €2k =
Current assets €171k ▲ 7.0%
Equity and liabilities €173k
Equity €63k ▲ 1.8%
Debt €110k ▲ 10.2%
Debt's share of the balance-sheet total rises from 61.6% to 63.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9k
2024 · €18k
Cash flow
€2k
2024 · €12k
Current ratio
1.56
2024 · 1.60
Debt to equity
1.74
2024 · 1.61
ROE
1.8%
2024 · 18.4%
ROA
0.6%
2024 · 7.1%
Interest coverage
1.90
2024 · 6.96
Debt ≤ 1 year
€110k
2024 · €99k
Income taxes
€2k
2024 · €3k
Staff costs
€402
2024 · €9k
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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€161k€173k
Fixed assets21/28€2k€2k=
Tangible fixed assets22/27€2k€2k=
Plant, machinery and equipment23€2k€2k=
Current assets29/58€159k€171k
Amounts receivable within one year40/41€153k€171k
Trade receivables40€87k€77k
Other amounts receivable41€66k€93k
Cash at bank and in hand54/58€7k-
Equity and liabilities
Total equity and liabilities10/49€161k€173k
Equity10/15€62k€63k
Contributions10/11€8k€8k=
Outside capital11€8k€8k=
Other1109/19€8k€8k=
Profit (loss) carried forward14€54k€55k
Amounts payable17/49€99k€110k
Amounts payable within one year42/48€99k€110k
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€72k€76k
Suppliers440/4€72k€76k
Taxes, remuneration and social security45€7k€8k
Taxes450/3€7k€8k
Other amounts payable47/48€20k€20k=
Income statement Code20242025
Turnover70€139k-
Goods, raw materials, services and sundry goods60/61€106k€87k
Remuneration, social security and pensions62€9k€402
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€497€1k
Other operating charges640/8€7k€1k
Gross operating margin9900€34k€10k
Operating profit (loss)9901€17k€8k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€5k
Recurring financial charges65€3k€5k
Profit (loss) for the period before taxes9903€15k€3k
Income taxes67/77€3k€2k
Profit (loss) for the period9904€11k€1k
Profit (loss) for the period to be appropriated9905€11k€1k
Appropriation of the result
Profit (loss) to be appropriated9906€54k€55k
Profit (loss) brought forward from the previous period14P€42k€54k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €11k ▲29.1%
Operating result €17k, net result €11k, both a record.
14-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
2023
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-18k ▼433%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
18-07
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
07-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 129 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Florent Bauduinstraat 632600 Antwerpen
Ground area
152 m²
Building footprint
82 m²
Volume, LiDAR
524 m³
Parcel 11003A0174/00Y006, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
E & S WORX
Florent Bauduinstraat 63, 2600 AntwerpenConstruction of utility projects for electricity and telecommunications
since 20172.264.335.237
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0174/00Y006 Flanders 152 m² 1 · 82 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 339 EUR awarded · 339 EUR paid
Year Entries awardedpaid
2025 1 339 EUR339 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 339 EUR · 339 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories
E & S WORX BV42249
category C2, class 1 · category P1, class 1
decision 13-09-2022

Similar companies · same sector, comparable size

Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded18-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

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