Skip to content

e-Sia

Active
Private limited companyfounded 2021active for 5 yearsRuwaardhof 15, 9080 Lochristi, BelgiumKBO/BCE: BE 0761.798.507
Summary

e-Sia has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,460 and a net result of €6,631. Equity is growing by about 93% per year across the filed financial years. Its solvency ranks better than 20% of 2,547 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00439891.

Equity
€13,460▲ 97.1%
2024 · €6,828
Total assets
€281,773▲ 21.1%
2024 · €232,727
Net result
€6,631▼ 86.7%
2024 · €49,700
Working capital
€86,481▲ 49.4%
2024 · €57,901
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 78% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€11,630 2025 Net result€6,631 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€55,865-€19,581€51,839▲ 165%€11,630▼ 77.6%
Net result-€64,130below the sector's middle half-€16,258within the sector's middle half€49,700above the sector's middle half▲ 206%€6,631within the sector's middle half▼ 86.7%
Equity-€59,130below the sector's middle half--€42,871below the sector's middle half▲ 27.5%€6,828within the sector's middle half€13,460within the sector's middle half▲ 97.1%
Total assets€243,918within the sector's middle half-€226,081within the sector's middle half▼ 7.3%€232,727within the sector's middle half▲ 2.9%€281,773above the sector's middle half▲ 21.1%
Debt€303,047-€268,952▼ 11.3%€225,899▼ 16.0%€268,313▲ 18.8%
Working capital-€56,247below the sector's middle half--€9,847below the sector's middle half▲ 82.5%€57,901within the sector's middle half€86,481above the sector's middle half▲ 49.4%
Solvency-24.2%below the sector's middle half--19.0%below the sector's middle half▲ 5.3pp2.9%below the sector's middle half▲ 21.9pp4.8%below the sector's middle half▲ 1.8pp
Current ratio0.48below the sector's middle half-0.83within the sector's middle half▲ 0.344.11above the sector's middle half▲ 3.282.27within the sector's middle half▼ 1.84
Return on assets (ROA)-26.3%below the sector's middle half-7.2%within the sector's middle half▲ 33.5pp21.4%within the sector's middle half▲ 14.2pp2.4%within the sector's middle half▼ 19.0pp
Staff (FTE)1.3-0.5▼ 61.5%0.1▼ 80.0%
above within below the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281,698
Fixed assets €127,132 ▼ 18.4%
Current assets €154,566 ▲ 102%
Equity and liabilities €281,773
Equity €13,460 ▲ 97.1%
Debt €268,313 ▲ 18.8%
Debt's share of the balance-sheet total falls from 97.1% to 95.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€66,978▼
2024 · €99,727
Cash flow
€61,980▼
2024 · €97,587
Debt to equity
19.93▼
2024 · 33.08
ROE
49.3%▼
2024 · 727.8%
Interest coverage
27.54▼
2024 · 43.60
Debt ≤ 1 year
€68,085▲
2024 · €18,632
Debt > 1 year
€198,478▼
2024 · €205,517
Income taxes
€5,297▲
2024 · €473
Staff costs
€27,238▲
2024 · €3,733
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.6% went bankrupt
2.7% stopped otherwise
94.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% 1.8%
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 74.5% 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 1,251 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 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€232,727€281,773▲
Formation expenses20€383€75▼
Fixed assets21/28€155,810€127,132▼
Intangible fixed assets21€140,144€114,787▼
Tangible fixed assets22/27€15,391€12,345▼
Plant, machinery and equipment23€8,474€6,383▼
Furniture and vehicles24€6,917€5,962▼
Financial fixed assets28€275€0▼
Current assets29/58€76,534€154,566▲
Amounts receivable within one year40/41€55,790€148,580▲
Trade receivables40€45,365€60,783▲
Other amounts receivable41€10,425€87,797▲
Cash at bank and in hand54/58€18,987€0▼
Deferred charges and accrued income490/1€1,757€5,986▲
Equity and liabilities
Total equity and liabilities10/49€232,727€281,773▲
Equity10/15€6,828€13,460▲
Contributions10/11€5,000€5,000=
Reserves13€1,828€8,460▲
Distributable reserves133€1,828€8,460▲
Profit (loss) carried forward14€0-
Amounts payable17/49€225,899€268,313▲
Amounts payable after more than one year17€205,517€198,478▼
Financial debts170/4€205,517€198,478▼
Amounts payable within one year42/48€18,632€68,085▲
Current portion of amounts payable after more than one year42€10,337€7,038▼
Financial debts43€677€9,399▲
Credit institutions430/8€677€9,399▲
Trade debts44€587€25,289▲
Suppliers440/4€587€25,289▲
Taxes, remuneration and social security45€7,031€26,359▲
Taxes450/3€6,224€20,165▲
Remuneration and social security454/9€807€6,194▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€1,750€1,750=
Income statement Code20242025
Remuneration, social security and pensions62€3,733€27,238▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,888€55,349▲
Other operating charges640/8€965€1,451▲
Non-recurring operating charges66A€0-
Gross operating margin9900€104,425€95,668▼
Operating profit (loss)9901€51,839€11,630▼
Financial income75/76B€621€2,730▲
Recurring financial income75€621€2,730▲
Financial charges65/66B€2,287€2,432▲
Recurring financial charges65€2,287€2,432▲
Profit (loss) for the period before taxes9903€50,172€11,928▼
Income taxes67/77€473€5,297▲
Profit (loss) for the period9904€49,700€6,631▼
Profit (loss) for the period to be appropriated9905€49,700€6,631▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,828€6,631▲
Profit (loss) brought forward from the previous period14P-€47,871€0▲
Transfer to equity691/2€1,828€6,631▲
To other reserves6921€1,828€6,631▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62€25,399€16,730€3,733€27,238▲ 630%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,023€43,768€47,888€55,349▲ 15.6%
Other operating charges640/8€2,055€564€965€1,451▲ 50.4%
Non-recurring operating charges66A-€1,045€0--
Gross operating margin9900-€22,388€81,688€104,425€95,668▼ 8.4%
Operating profit (loss)9901-€55,865€19,581€51,839€11,630▼ 77.6%
Financial income75/76B-€1€621€2,730▲ 340%
Recurring financial income75-€1€621€2,730▲ 340%
Financial charges65/66B€7,501€2,872€2,287€2,432▲ 6.3%
Recurring financial charges65€7,501€2,872€2,287€2,432▲ 6.3%
Profit (loss) for the period before taxes9903-€63,366€16,710€50,172€11,928▼ 76.2%
Income taxes67/77€764€451€473€5,297▲ 1,020%
Profit (loss) for the period9904-€64,130€16,258€49,700€6,631▼ 86.7%
Profit (loss) for the period to be appropriated9905-€64,130€16,258€49,700€6,631▼ 86.7%
Line2022202320242025Change
Assets
Total assets20/58€243,918€226,081€232,727€281,773▲ 21.1%
Formation expenses20€1,000€692€383€75▼ 80.4%
Fixed assets21/28€190,480€178,720€155,810€127,132▼ 18.4%
Intangible fixed assets21€165,441€158,505€140,144€114,787▼ 18.1%
Tangible fixed assets22/27€25,039€20,215€15,391€12,345▼ 19.8%
Plant, machinery and equipment23€12,656€10,565€8,474€6,383▼ 24.7%
Furniture and vehicles24€12,383€9,650€6,917€5,962▼ 13.8%
Financial fixed assets28--€275€0▼ 100%
Current assets29/58€52,438€46,669€76,534€154,566▲ 102%
Amounts receivable within one year40/41€46,571€43,128€55,790€148,580▲ 166%
Trade receivables40€38,036€42,240€45,365€60,783▲ 34.0%
Other amounts receivable41€8,535€888€10,425€87,797▲ 742%
Cash at bank and in hand54/58€5,867€3,150€18,987€0▼ 100%
Deferred charges and accrued income490/1-€391€1,757€5,986▲ 241%
Equity and liabilities
Total equity and liabilities10/49€243,918€226,081€232,727€281,773▲ 21.1%
Equity10/15-€59,130-€42,871€6,828€13,460▲ 97.1%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13--€1,828€8,460▲ 363%
Distributable reserves133--€1,828€8,460▲ 363%
Profit (loss) carried forward14-€64,130-€47,871€0--
Amounts payable17/49€303,047€268,952€225,899€268,313▲ 18.8%
Amounts payable after more than one year17€192,672€209,871€205,517€198,478▼ 3.4%
Financial debts170/4€192,672€209,871€205,517€198,478▼ 3.4%
Amounts payable within one year42/48€108,685€56,516€18,632€68,085▲ 265%
Current portion of amounts payable after more than one year42€14,830€14,801€10,337€7,038▼ 31.9%
Financial debts43€1,996€992€677€9,399▲ 1,289%
Credit institutions430/8-€992€677€9,399▲ 1,289%
Other loans439€1,996€0---
Trade debts44€21,341€6,068€587€25,289▲ 4,206%
Suppliers440/4€21,341€6,068€587€25,289▲ 4,206%
Taxes, remuneration and social security45€2,482€13,947€7,031€26,359▲ 275%
Taxes450/3€2,482€13,699€6,224€20,165▲ 224%
Remuneration and social security454/9-€248€807€6,194▲ 667%
Other amounts payable47/48€68,037€20,708€0--
Accrued charges and deferred income492/3€1,690€2,565€1,750€1,750=
Line2022202320242025Change
Profit (loss) for the period9904-€64,130€16,258€49,700€6,631▼ 86.7%
+ Depreciation and write-downs630€6,023€43,768€47,888€55,349▲ 15.6%
Operating cash flow (approximation)-€58,107€60,026€97,587€61,980▼ 36.5%
Investment in fixed assets (approximation)--€32,008-€24,978-€26,670▼ 6.8%
Change in cash--€2,717€15,837-€18,987-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00439891
31-12-2024 micro format 13-08-2025 2025-00375258
31-12-2023 micro format 30-08-2024 2024-00403392
31-12-2022 micro format 03-10-2023 2023-00466195

Similar companies · same sector, comparable size

Of the 11,630 active companies whose main activity is other education (NACE 85599), figures are known for 1,337. 844 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €4,500 awarded · €4,500 paid
Schemes
1 entry · €4,500 · €4,500 paid · Vlaams Agentschap voor Internationaal Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.