E-Spring Company
ActiveSummary
E-Spring Company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €24k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-3
Solvency64▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.12 in 2024; short-term debt: 60.9% and cash: 70.9% of total assets), but 60.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
39.1%
Return on assets
19.2%
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 19-01-2026, 12 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
12 d early
2024
on the day
2023
23 d early
2022
43 d early
2021
4 d early
2020
62 d early
2019
17 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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 44.3%
2024 · €43k
2019: €2k
2020: €-4k
2021: €14k
2022: €26k
2023: €15k
2024: €43k
2019 → 2025
Working capital
€47k▲ 129%
2024 · €20k
2019: €33k
2020: €35k
2021: €24k
2022: €52k
2023: €68k
2024: €20k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€60k▲ 76.3%€75k▲ 24.2%€25k▼ 66.6%€49k▲ 96.0%
Operating result€17k-€36k▲ 108%€20k▼ 43.7%€58k▲ 188%€35k▼ 40.5%
Net result€14k-€26k▲ 85.9%€15k▼ 44.1%€43k▲ 196%€24k▼ 44.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€2k ▼ 52.6%
Current assets
€123k ▼ 36.7%
Equity and liabilities €125k
Equity
€49k ▲ 96.0%
Debt
€76k ▼ 56.2%
Debt's share of the balance-sheet total falls from 87.4% to 60.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▼
2024 · €61k
Cash flow
€26k▼
2024 · €45k
Current ratio
1.61▲
2024 · 1.12
Debt to equity
1.56▼
2024 · 6.96
ROE
49.0%▼
2024 · 172.3%
ROA
19.2%▼
2024 · 21.6%
Interest coverage
185.43▼
2024 · 362.98
Debt ≤ 1 year
€76k▼
2024 · €174k
Income taxes
€12k▼
2024 · €15k
Staff costs
€70k▲
2024 · €55k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€199k€125k▼
Fixed assets21/28€5k€2k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€527€121▼
Furniture and vehicles24€527€121▼
Financial fixed assets28€50€50=
Current assets29/58€195k€123k▼
Amounts receivable within one year40/41€5k€34k▲
Trade receivables40€5k€26k▲
Other amounts receivable41-€8k
Current investments50/53€50k-
Cash at bank and in hand54/58€139k€89k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€199k€125k▼
Equity10/15€25k€49k▲
Contributions10/11€25k€25k=
Reserves13€4€24k▲
Non-distributable reserves130/1€4-
Reserves not available under the articles1311€4-
Distributable reserves133-€24k
Amounts payable17/49€174k€76k▼
Amounts payable within one year42/48€174k€76k▼
Trade debts44€64k€68k▲
Suppliers440/4€64k€68k▲
Taxes, remuneration and social security45€23k€8k▼
Taxes450/3€19k€3k▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€87k€578▼
Income statement
Code20242025
Remuneration, social security and pensions62€55k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8-€772
Gross operating margin9900€116k€108k▼
Operating profit (loss)9901€58k€35k▼
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€168€201▲
Recurring financial charges65€168€201▲
Profit (loss) for the period before taxes9903€58k€36k▼
Income taxes67/77€15k€12k▼
Profit (loss) for the period9904€43k€24k▼
Profit (loss) for the period to be appropriated9905€43k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€24k▼
Profit (loss) brought forward from the previous period14P€50k-
Transfer to equity691/2-€24k
To other reserves6921-€24k
Profit to be distributed694/7€93k-
Directors or managers695€93k-
Social balance
Average headcount (FTE)90871.11.0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2019net €43k ▲196%
Operating result €58k, net result €43k, both a record.
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-4k ▼345%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Watermaal-Bosvoorde · 1 establishment unit since 2016
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.
Terhulpsesteenweg 1851170 Watermaal-BosvoordeGround area
8,228 m²
Building footprint
1,375 m²
Volume, LiDAR
36,714 m³
2 parcels, Brussels · tallest building 35.8 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Brugmannlaan 12, 1060 Sint-Gillis (bij-Brussel)
since 20162.253.386.313
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0042/00H002 | Brussels | 7,608 m² | 1 · 1,019 m² | 35.8 m · 10 fl. |
| 21013B0371/00S017 | Brussels | 619 m² | 1 · 356 m² | 28.1 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
699400KX0F96VTEHQ252
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,086 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
Founded24-05-2016
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.