ENERSO HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.71M and a net result of €-137k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 33% of 5498 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
30 d early
2023
13 d early
2022
11 d late
2021
31 d early
2020
31 d early
2019
44 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.71M▼ 4.8%
2024 · €2.85M
2018: €310k
2019: €481k
2020: €837k
2021: €1.23M
2022: €2.96M
2023: €2.92M
2024: €2.85M
2018 → 2025
Net result
€-137k▼ 85.5%
2024 · €-74k
2018: €56k
2019: €171k
2020: €356k
2021: €436k
2022: €1.78M
2023: €17k
2024: €-74k
2018 → 2025
Total assets
€8.26M▲ 22.7%
2024 · €6.73M
2018: €741k
2019: €1.22M
2020: €2.20M
2021: €3.07M
2022: €5.00M
2023: €4.89M
2024: €6.73M
2018 → 2025
Solvency
32.8%▼ 9.5pp
2024 · 42.3%
2018: 41.8%
2019: 39.4%
2020: 38.0%
2021: 39.9%
2022: 59.3%
2023: 59.8%
2024: 42.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.23M-€2.96M▲ 142%€2.92M▼ 1.3%€2.85M▼ 2.5%€2.71M▼ 4.8%
Operating result€595k-€337k▼ 43.4%€25k▼ 92.5%€-38k€-98k▼ 156%
Net result€436k-€1.78M▲ 307%€17k▼ 99.1%€-74k€-137k▼ 85.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €98k in 2025 against €38k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.26M
Fixed assets
€7.32M▲ 30.7%
Current assets
€944k▼ 16.8%
Equity and liabilities €8.26M
Equity
€2.71M▼ 4.8%
Debt
€5.55M▲ 42.9%
The debt ratio rises from 57.7% to 67.2%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
32.8%▼
2024 · 42.3%
ROE
-5.0%▼
2024 · -2.6%
ROA
-1.7%▼
2024 · -1.1%
Debt
€5.55M▲
2024 · €3.88M
Debt ≤ 1 year
€1.72M▲
2024 · €529k
Debt > 1 year
€3.83M▲
2024 · €3.36M
Income taxes
€439▼
2024 · €2k
Staff costs
€19k▲
2024 · €12k
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€6.73M€8.26M▲
Fixed assets21/28€5.60M€7.32M▲
Tangible fixed assets22/27€4.13M€5.71M▲
Land and buildings22€4.12M€5.69M▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€10k€9k▼
Financial fixed assets28€1.47M€1.61M▲
Current assets29/58€1.13M€944k▼
Amounts receivable after more than one year29€501k€578k▲
Other amounts receivable291€501k€578k▲
Amounts receivable within one year40/41€99k€87k▼
Trade receivables40€86k€59k▼
Other amounts receivable41€14k€28k▲
Current investments50/53€445k€234k▼
Cash at bank and in hand54/58€73k€31k▼
Deferred charges and accrued income490/1€16k€14k▼
Equity and liabilities
Total equity and liabilities10/49€6.73M€8.26M▲
Equity10/15€2.85M€2.71M▼
Contributions10/11€6k€6k=
Reserves13€2.84M€2.71M▼
Tax-exempt reserves132€38k€38k=
Distributable reserves133€2.81M€2.67M▼
Amounts payable17/49€3.88M€5.55M▲
Amounts payable after more than one year17€3.36M€3.83M▲
Financial debts170/4€3.36M€3.83M▲
Amounts payable within one year42/48€529k€1.72M▲
Current portion of amounts payable after more than one year42€332k€377k▲
Trade debts44€27k€31k▲
Suppliers440/4€27k€31k▲
Taxes, remuneration and social security45€12k€17k▲
Taxes450/3€10k€10k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€158k€1.30M▲
Income statement
Code20242025
Remuneration, social security and pensions62€12k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171k€373k▲
Other operating charges640/8€14k€28k▲
Gross operating margin9900€158k€322k▲
Operating profit (loss)9901€-38k€-98k▼
Financial income75/76B€60k€109k▲
Recurring financial income75€60k€109k▲
Financial charges65/66B€93k€147k▲
Recurring financial charges65€93k€147k▲
Profit (loss) for the period before taxes9903€-72k€-136k▼
Income taxes67/77€2k€439▼
Profit (loss) for the period9904€-74k€-137k▼
Profit (loss) for the period to be appropriated9905€-74k€-137k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-74k€-137k▼
Transfer from equity791/2€74k€137k▲
The notes to these accounts (10 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-137k
Net result drops to €-137k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €1.78M ▲307%
Net result €1.78M, the highest in the series.
31-12
Financial
Equity above €2MEq €2.96M ▲142%
5 profitable years in a row build equity to €2.96M.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.23M ▲46.4%
4 profitable years in a row build equity to €1.23M.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €837k ▲74.1%
3 profitable years in a row build equity to €837k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 16 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-06
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
4 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, Beernem · 1 establishment unit since 2012
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.
Industriepark Oost 268730 BeernemGround area
2,285 m²
Building footprint
1,136 m²
Parcel 31028D0212/00V000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Enerso Holding
since 20122.215.108.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31028D0212/00V000 | Flanders | 2,285 m² | 1 · 1,136 m² | 0.1 m |
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.
Similar companies · same sector, comparable size
JEMATON
BE 0568.515.812
Dessel · Eq €2.71M
P.P.G.-GROUP
BE 0438.020.623
Kortrijk · Eq €2.71M
M-Holding
BE 0665.641.417
Antwerpen · Eq €2.71M
Grando-Massin Holding
BE 0751.491.464
Nivelles · Eq €2.71M
TALMACO
BE 0418.604.290
Brussel · Eq €2.71M
Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 9,977 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2012
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/521312