Equity
EESA paid out €22,000 in dividends in a year with a loss of €25,452.
EESA paid out €22,000 in dividends in a year with a loss of €25,452.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The micro format states no turnover.
Short-term debts fell from €44,026 to €14,256.
The last five annual accounts were filed 61 to 74 days before the end of the period.
Lower net result than 91% of companies in warehousing and transport support. Sector median €10,584 · 1,320 companies.
In July 2024, 5,828 companies had the same profile as EESA has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for EESA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| EESA Willebroek | €191,613 | €10,728 | 92.6% | - |
| Euro Delivery Express Ghent | €209,927 | €6,948 | 59.0% | - |
| RIANTO Knokke-Heist | €347,970 | €10,364 | 44.1% | 0 |
| GARAGE LUC Hechtel-Eksel | €192,528 | €22,862 | -10.1% | - |
| TOP AUTOMOBILES Nivelles | €261,955 | €15,537 | 36.5% | - |
| D.B.V.G. Beveren-Kruibeke-Zwijndrecht | €246,974 | €9,471 | 90.9% | - |
| TRANSPORTS TERRASSEMENT DEMOLITION Tournai | €168,242 | €4,828 | 44.0% | - |
These companies have the same main activity as EESA: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €168,000 and €348,000, founded between 1992 and 2010.
EESA files the micro format. That format states no turnover. The gross margin fell from €181,779 in 2007 to €10,728 in 2025.
The balance sheet grew most from 2010 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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