Embedded System Designers
ActiveSummary
Embedded System Designers has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €13k. Equity is growing by ~286.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+19
Solvency34▲+8
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.01 in 2024; short-term debt: 91.5% and cash: 50.8% of total assets), and 91.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
8.5%
Return on assets
7.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 16%
← 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 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
25 d late
2023
41 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 686%
2024 · €2k
2023: €2k
2024: €2k▼ -14.3% vs 2023lowest in 3 years
2025: €15k▲ +686% vs 2024highest in 3 years
2023 → 2025
Total assets
€177k▼ 4.6%
2024 · €185k
2023: €19klowest in 3 years
2024: €185k▲ +901% vs 2023highest in 3 years
2025: €177k▼ -4.6% vs 2024
2023 → 2025
Net result
€13k
2024 · €-321
2023: €-2klowest in 3 years
2024: €-321▲ +81.7% vs 2023
2025: €13k▲ +4205% vs 2024highest in 3 years
2023 → 2025
Working capital
€15k▲ 686%
2024 · €2k
2023: €2k
2024: €2k▼ -14.3% vs 2023lowest in 3 years
2025: €15k▲ +686% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2k-€2k▼ 14.3%€15k▲ 686%
2023: €2k
2024: €2k▼ -14.3% vs 2023lowest in 3 years
2025: €15k▲ +686% vs 2024highest in 3 years
Operating result€-2k-€-245▲ 86.1%€16k
2023: €-2klowest in 3 years
2024: €-245▲ +86.1% vs 2023
2025: €16k▲ +6740% vs 2024highest in 3 years
Net result€-2k-€-321▲ 81.7%€13k
2023: €-2klowest in 3 years
2024: €-321▲ +81.7% vs 2023
2025: €13k▲ +4205% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €245 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €177k
Equity
€15k ▲ 686%
Debt
€162k ▼ 11.8%
Debt's share of the balance-sheet total falls from 99.0% to 91.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.09▲
2024 · 1.01
Debt to equity
10.71▼
2024 · 95.45
ROE
87.3%▲
2024 · -16.7%
ROA
7.5%▲
2024 · -0.2%
Debt ≤ 1 year
€162k▼
2024 · €183k
Income taxes
€3k
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 · 29 lines
Balance sheet
Code20242025
Assets
Total assets20/58€185k€177k▼
Current assets29/58€185k€177k▼
Amounts receivable within one year40/41€147k€86k▼
Trade receivables40€147k€86k▼
Other amounts receivable41€81€86▲
Cash at bank and in hand54/58€37k€90k▲
Deferred charges and accrued income490/1€740€1k▲
Equity and liabilities
Total equity and liabilities10/49€185k€177k▼
Equity10/15€2k€15k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-2k€11k▲
Amounts payable17/49€183k€162k▼
Amounts payable within one year42/48€183k€162k▼
Trade debts44€179k€156k▼
Suppliers440/4€179k€156k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Income statement
Code20242025
Gross operating margin9900€-245€16k▲
Operating profit (loss)9901€-245€16k▲
Financial income75/76B€23€5▼
Recurring financial income75€23€5▼
Financial charges65/66B€100€141▲
Recurring financial charges65€100€141▲
Profit (loss) for the period before taxes9903€-321€16k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-321€13k▲
Profit (loss) for the period to be appropriated9905€-321€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€11k▲
Profit (loss) brought forward from the previous period14P€-2k€-2k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €-2k | €-245 | €16k | ▲ 6,740% |
| Operating profit (loss)9901 | €-2k | €-245 | €16k | ▲ 6,740% |
| Financial income75/76B | - | €23 | €5 | ▼ 80.5% |
| Recurring financial income75 | - | €23 | €5 | ▼ 80.5% |
| Financial charges65/66B | - | €100 | €141 | ▲ 40.4% |
| Recurring financial charges65 | - | €100 | €141 | ▲ 40.4% |
| Profit (loss) for the period before taxes9903 | €-2k | €-321 | €16k | ▲ 5,107% |
| Income taxes67/77 | - | - | €3k | - |
| Profit (loss) for the period9904 | €-2k | €-321 | €13k | ▲ 4,205% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-321 | €13k | ▲ 4,205% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €19k | €185k | €177k | ▼ 4.6% |
| Current assets29/58 | €19k | €185k | €177k | ▼ 4.6% |
| Amounts receivable within one year40/41 | €13k | €147k | €86k | ▼ 41.7% |
| Trade receivables40 | €13k | €147k | €86k | ▼ 41.7% |
| Other amounts receivable41 | - | €81 | €86 | ▲ 5.6% |
| Cash at bank and in hand54/58 | €5k | €37k | €90k | ▲ 141% |
| Deferred charges and accrued income490/1 | - | €740 | €1k | ▲ 42.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €19k | €185k | €177k | ▼ 4.6% |
| Equity10/15 | €2k | €2k | €15k | ▲ 686% |
| Contributions10/11 | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €-2k | €-2k | €11k | ▲ 635% |
| Amounts payable17/49 | €16k | €183k | €162k | ▼ 11.8% |
| Amounts payable within one year42/48 | €16k | €183k | €162k | ▼ 11.8% |
| Trade debts44 | €16k | €179k | €156k | ▼ 12.9% |
| Suppliers440/4 | €16k | €179k | €156k | ▼ 12.9% |
| Taxes, remuneration and social security45 | €64 | €4k | €6k | ▲ 32.6% |
| Taxes450/3 | €64 | €4k | €6k | ▲ 32.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-321 | €13k | ▲ 4,205% |
| Operating cash flow (approximation) | €-2k | €-321 | €13k | ▲ 4,205% |
| Change in cash | - | €32k | €53k | ▲ 64.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Braives · 1 establishment unit since 2023
Ground area
584 m²
Building footprint
62 m²
Volume, LiDAR
551 m³
Parcel 64015A0856/00G000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Embedded System Designers
since 20232.349.281.701
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64015A0856/00G000 | Wallonia | 584 m² | 1 · 62 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 27,543 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-06-2023
Fiscal year end31-12
Abbreviation FR
ESD
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.