Eestermans Associates
ActiveSummary
For Eestermans Associates, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €366k and a net result of €71k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 34213 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability77▼-5
Solvency60▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
35.4%
Return on assets
6.9%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
213 d late
2021
122 d late
2019
150 d late
2017
59 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€366k▲ 9.5%
2022 · €335k
2019: €169k
2021: €231k
2022: €335k
2019 → 2023
Total assets
€1.03M▲ 4.5%
2022 · €990k
2019: €920k
2021: €825k
2022: €990k
2019 → 2023
Net result
€71k▼ 31.4%
2022 · €104k
2019: €55k
2021: €22k
2022: €104k
2019 → 2023
Working capital
€145k▲ 49.6%
2022 · €97k
2019: €-78k
2021: €-18k
2022: €97k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202120222023Trend
Equity€169k-€231k▲ 36.8%€335k▲ 44.9%€366k▲ 9.5%
Operating result€86k-€84k▼ 2.5%€149k▲ 77.0%€104k▼ 30.0%
Net result€55k-€22k▼ 59.1%€104k▲ 361%€71k▼ 31.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 30% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.03M
Fixed assets
€738k ▼ 3.7%
Current assets
€297k ▲ 32.9%
Equity and liabilities €1.03M
Equity
€366k ▲ 9.5%
Debt
€669k ▲ 2.0%
Debt's share of the balance-sheet total falls from 66.2% to 64.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€133k▼
2022 · €178k
Cash flow
€100k▼
2022 · €132k
Current ratio
1.95▲
2022 · 1.76
Quick ratio
1.91▲
2022 · 1.76
Debt to equity
1.82▼
2022 · 1.96
ROE
19.4%▼
2022 · 31.0%
ROA
6.9%▼
2022 · 10.5%
Interest coverage
9.20▼
2022 · 12.05
Debt ≤ 1 year
€152k▲
2022 · €127k
Debt > 1 year
€516k▼
2022 · €529k
Income taxes
€22k▼
2022 · €33k
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€990k€1.03M▲
Fixed assets21/28€766k€738k▼
Tangible fixed assets22/27€766k€738k▼
Land and buildings22€755k€729k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€7k€5k▼
Current assets29/58€224k€297k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€214k€271k▲
Trade receivables40€128k€191k▲
Other amounts receivable41€86k€81k▼
Cash at bank and in hand54/58€9k€19k▲
Deferred charges and accrued income490/1€438€443▲
Equity and liabilities
Total equity and liabilities10/49€990k€1.03M▲
Equity10/15€335k€366k▲
Contributions10/11€19k€19k=
Reserves13€95k€56k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€94k€54k▼
Profit (loss) carried forward14€221k€292k▲
Amounts payable17/49€655k€669k▲
Amounts payable after more than one year17€529k€516k▼
Financial debts170/4€529k€516k▼
Amounts payable within one year42/48€127k€152k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€72k€84k▲
Suppliers440/4€72k€84k▲
Advances received on contracts in progress46€9k-
Taxes, remuneration and social security45€34k€56k▲
Taxes450/3€34k€56k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k=
Other operating charges640/8€602€681▲
Gross operating margin9900€178k€134k▼
Operating profit (loss)9901€149k€104k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€136k€93k▼
Income taxes67/77€33k€22k▼
Profit (loss) for the period9904€104k€71k▼
Profit (loss) for the period to be appropriated9905€104k€71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€221k€292k▲
Profit (loss) brought forward from the previous period14P€117k€221k▲
Transfer from equity791/2-€39k
Profit to be distributed694/7-€39k
Return on contributions (dividend)694-€39k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 213 days late
2022
31-12
Financial
Highest result since 2019net €104k ▲361%
Operating result €149k, net result €104k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.76
Current ratio from 0.66 to 1.76.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €22k ▼59.1%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €231k ▲36.8%
2 profitable years in a row build equity to €231k.
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 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.
de Meeûssquare 371000 BrusselGround area
1,035 m²
Building footprint
895 m²
Volume, LiDAR
16,030 m³
Parcel 21805E0463/00W002, Brussels · tallest building 32.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Eestermans Associates
since 20162.250.004.872
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0463/00W002 | Brussels | 1,034 m² | 1 · 895 m² | 32.6 m · 8 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.
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VAN LOO
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BYC
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JAFRACO
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,920 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)
Founded04-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
69109Other legal services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.