Financials
- Financial year
- 2025
- Total assets
- €975,072
- Profit
- €30,503
- Solvency
- -36.7%
Total assets▲ 141%
Net result
20182025
E-Square EEIG
ActiveSummary
E-Square EEIG has the legal form “European economic interest grouping” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show negative equity (-€357,843) and a net result of €30,503. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 5% of 6,105 sector peers (NACE 46, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in the wholesale of industrial machinery, ships and aircraft
NACE 46140
1 site
Size
€975,072total assets 2025
- Equity
- -€357,843
- Profit
- €30,503
Structure
- Joem GellermanDirector
Accounts 17 days early1 of 7 deeds read
Signalsraises riskWeak solvency vs sectorneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
32
/ 100
Weak
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
0=
equity -36.7% of total assets
Liquidity
50=
short-term debt 96.7% · cash 92.7%
Profitability
45-55
return on assets 3.1%
Bankruptcy probability, 12 months
The KBO gives the legal form as “European economic interest grouping”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
No credit on open account
Liquidity tight (current ratio 1.03, compared with 0.51 in 2024, below the usual 1.5; short-term debt: 96.7% and cash: 92.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Two signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6105 sector peers (2025).
NBB · sector comparisonPosition among 6105 sector peers
Solvency
better than 5%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
120 days late
2023
2 days early
2022
141 days late
2021
179 days late
2020
11 days early
2019
291 days late
← 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 100 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 November (4 of the last 5 filed years within 121 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Liquidity doublescurrent ratio 1.03
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 1 member
- Joem GellermanDirector
Timeline
- Events
- 19
- Since
- 2013
- Next accounts
- by 31-07-2027
- 30-09-2025Appointments: Eric Miller (managing director) and Joem…
- 31-12-2024Back to profit
- 29-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- European economic interest grouping
- Activity
- Agents in the wholesale of industrial machinery, ships…NACE 46140
- Founded
- 29-06-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.