ELECTRICAL SOFTWARE & MAINTENANCE SOLUTIONS
ActiveELECTRICAL SOFTWARE & MAINTENANCE SOLUTIONS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510k and a net result of €108k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 2042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+1
Solvency95▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.99 against 5.03 in 2024; short-term debt: 21% and cash: 72.5% of total assets), and 29.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 85
Relative position
BE, all sectors
reference
Sector 85
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
70.1%
Return on assets
14.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
14 d early
2023
6 d early
2022
6 d early
2021
23 d early
2020
16 d early
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€510k▲ 12.1%
2024 · €455k
2018: €268k
2019: €247k
2020: €302k
2021: €249k
2022: €304k
2023: €366k
2024: €455k
2018 → 2025
Total assets
€727k▲ 14.7%
2024 · €634k
2018: €537k
2019: €558k
2020: €520k
2021: €514k
2022: €553k
2023: €549k
2024: €634k
2018 → 2025
Net result
€108k▲ 20.1%
2024 · €90k
2018: €31k
2019: €50k
2020: €56k
2021: €41k
2022: €57k
2023: €64k
2024: €90k
2018 → 2025
Working capital
€458k▲ 10.7%
2024 · €414k
2018: €264k
2019: €243k
2020: €295k
2021: €243k
2022: €296k
2023: €356k
2024: €414k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€249k-€304k▲ 22.1%€366k▲ 20.4%€455k▲ 24.1%€510k▲ 12.1%
Operating result€58k-€80k▲ 37.6%€93k▲ 16.6%€128k▲ 37.6%€151k▲ 17.9%
Net result€41k-€57k▲ 39.3%€64k▲ 12.4%€90k▲ 41.3%€108k▲ 20.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €727k
Fixed assets
€116k▼ 1.1%
Current assets
€611k▲ 18.3%
Equity and liabilities €727k
Equity
€510k▲ 12.1%
Debt
€217k▲ 21.3%
The debt ratio rises from 28.3% to 29.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€163k▲
2024 · €144k
Cash flow
€120k▲
2024 · €106k
Solvency
70.1%▼
2024 · 71.7%
Current ratio
3.99▼
2024 · 5.03
Quick ratio
3.89▼
2024 · 4.89
Debt / equity
0.43▲
2024 · 0.39
ROE
21.2%▲
2024 · 19.8%
ROA
14.9%▲
2024 · 14.2%
Interest coverage
47.97▲
2024 · 39.28
Debt
€217k▲
2024 · €179k
Debt ≤ 1 year
€153k▲
2024 · €103k
Debt > 1 year
€61k▼
2024 · €73k
Income taxes
€44k▲
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€634k€727k▲
Fixed assets21/28€117k€116k▼
Tangible fixed assets22/27€117k€116k▼
Land and buildings22€86k€78k▼
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€25k€30k▲
Current assets29/58€517k€611k▲
Stocks and contracts in progress3€15k€16k▲
Stocks30/36€15k€16k▲
Amounts receivable within one year40/41€74k€62k▼
Trade receivables40€74k€62k▼
Other amounts receivable41€65€0▼
Current investments50/53€150k€0▼
Cash at bank and in hand54/58€272k€527k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€634k€727k▲
Equity10/15€455k€510k▲
Contributions10/11€6k€6k=
Reserves13€449k€504k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€447k€502k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€179k€217k▲
Amounts payable after more than one year17€73k€61k▼
Financial debts170/4€73k€61k▼
Amounts payable within one year42/48€103k€153k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€25k€12k▼
Suppliers440/4€25k€12k▼
Taxes, remuneration and social security45€40k€52k▲
Taxes450/3€40k€52k▲
Other amounts payable47/48€26k€76k▲
Accrued charges and deferred income492/3€4k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€12k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€147k€169k▲
Operating profit (loss)9901€128k€151k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€126k€152k▲
Income taxes67/77€36k€44k▲
Profit (loss) for the period9904€90k€108k▲
Profit (loss) for the period to be appropriated9905€90k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€90k€108k▲
Transfer from equity791/2€2k€53k▲
Transfer to equity691/2€90k€108k▲
To other reserves6921€90k€108k▲
Profit to be distributed694/7€2k€53k▲
Return on contributions (dividend)694€2k€53k▲
The notes to these accounts (12 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €108k ▲20.1%
Operating result €151k, net result €108k, both a record.
31-12
Financial
Equity above €500kEq €510k ▲12.1%
8 profitable years in a row build equity to €510k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Heusden-Zolder · 2 establishment units since 2009
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.
Vrunstraat 763550 Heusden-ZolderGround area
3,549 m²
Building footprint
922 m²
Volume, LiDAR
809 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ELECTRICAL SOFTWARE & MAINTENANCE SOLUTIONS "ESM SOLUTIONS"
since 20092.179.551.693
ELECTRICAL SOFTWARE & MAINTENANCE SOLUTIONS "ESM SOLUTIONS"
since 20182.277.138.148
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402D1112/00Z000 | Flanders | 1,924 m² | 1 · 768 m² | 0.0 m |
| 71462D0316/00M005 | Flanders | 1,625 m² | 1 · 155 m² | 8.4 m · 2 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.
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Of 3,017 companies in sector 85592 we hold annual accounts for 987. 618 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2009
Fiscal year end31-12
Abbreviation NL
ESM SOLUTIONS
Activities, NACEBEL
85592Vocational training
43230Insulation installation
43291Specialised construction activities
61100Wired, wireless and satellite telecommunications
70200Business and other management consultancy
70220Business consulting
71209Other technical testing and analysis
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.