ENSPEG
ActiveENSPEG has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.87M and a net result of €9k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 81% of 8584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▲+2
Solvency67=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.04 in 2024), and 14.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
85.4%
Return on assets
0.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
24 d early
2023
8 d early
2022
42 d early
2021
5 d early
2020
9 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.87M▲ 0.3%
2024 · €2.87M
2019: €3.07M
2020: €3.07M
2021: €3.06M
2022: €3.03M
2023: €2.99M
2024: €2.87M
2019 → 2025
Total assets
€3.37M▲ 0.8%
2024 · €3.34M
2019: €3.56M
2020: €3.50M
2021: €3.50M
2022: €3.42M
2023: €3.37M
2024: €3.34M
2019 → 2025
Net result
€9k
2024 · €-41k
2019: €20k
2020: €20k
2021: €-15k
2022: €-21k
2023: €-39k
2024: €-41k
2019 → 2025
Working capital
€-447k▲ 1.7%
2024 · €-454k
2019: €-86k
2020: €-188k
2021: €-229k
2022: €-306k
2023: €-355k
2024: €-454k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.06M-€3.03M▼ 1.1%€2.99M▼ 1.3%€2.87M▼ 4.1%€2.87M▲ 0.3%
Operating result€-15k-€-18k▼ 17.6%€-31k▼ 74.6%€-24k▲ 24.1%€40k
Net result€-15k-€-21k▼ 37.6%€-39k▼ 82.8%€-41k▼ 5.3%€9k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €40k after a loss of €24k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.37M
Fixed assets
€3.32M=
Current assets
€46k▲ 131%
Equity and liabilities €3.37M
Equity
€2.87M▲ 0.3%
Debt
€493k▲ 3.9%
The debt ratio rises from 14.2% to 14.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€47k▲
2024 · €16k
Cash flow
€15k▲
2024 · €-1k
Solvency
85.4%▼
2024 · 85.8%
Current ratio
0.09▲
2024 · 0.04
Quick ratio
0.09▲
2024 · 0.04
Debt / equity
0.17▲
2024 · 0.17
ROE
0.3%▲
2024 · -1.4%
ROA
0.3%▲
2024 · -1.2%
Interest coverage
2.07▲
2024 · 0.98
Debt
€493k▲
2024 · €474k
Debt ≤ 1 year
€493k▲
2024 · €474k
Income taxes
€9k▲
2024 · €960
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€3.34M€3.37M▲
Fixed assets21/28€3.32M€3.32M=
Tangible fixed assets22/27€3.32M€3.32M=
Land and buildings22€3.28M€3.29M▲
Plant, machinery and equipment23€37k€32k▼
Financial fixed assets28€10€10=
Current assets29/58€20k€46k▲
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€9k€13k▲
Current investments50/53€583€585▲
Cash at bank and in hand54/58€5k€27k▲
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€3.34M€3.37M▲
Equity10/15€2.87M€2.87M▲
Contributions10/11€2.41M€2.41M=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Profit (loss) carried forward14€400k€409k▲
Investment grants15€46k€46k▼
Amounts payable17/49€474k€493k▲
Amounts payable within one year42/48€474k€493k▲
Current portion of amounts payable after more than one year42€7k-
Trade debts44€12k€888▼
Suppliers440/4€12k€888▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€452k€486k▲
Accrued charges and deferred income492/3-€30
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€7k▼
Other operating charges640/8€13k€19k▲
Gross operating margin9900€29k€66k▲
Operating profit (loss)9901€-24k€40k▲
Financial income75/76B€204€196▼
Recurring financial income75€204€196▼
Financial charges65/66B€16k€23k▲
Recurring financial charges65€16k€23k▲
Profit (loss) for the period before taxes9903€-40k€18k▲
Income taxes67/77€960€9k▲
Profit (loss) for the period9904€-41k€9k▲
Profit (loss) for the period to be appropriated9905€-41k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€480k€409k▼
Profit (loss) brought forward from the previous period14P€521k€400k▼
Profit to be distributed694/7€80k-
Return on contributions (dividend)694€80k-
The notes to these accounts (7 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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Zele · 1 establishment unit since 2004
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.
Vaartstraat 339240 ZeleGround area
7,680 m²
Building footprint
566 m²
Volume, LiDAR
2,717 m³
Parcel 42402C1015/00E000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Enspeg
since 20042.191.261.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C1015/00E000 | Flanders | 7,680 m² | 1 · 566 m² | 11.6 m · 2 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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Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 1,407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2004
Fiscal year end30-06
Activities, NACEBEL
70100Activities of head offices
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.