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ES SOLUTION

Active
Private limited companyfounded 2023active for 3 yearsSint-Annastraat 271, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0800.254.354
Summary

The computed 12-month bankruptcy probability of ES SOLUTION is 3.5% (moderate). The 2025 annual accounts show equity of €4,832 and a net result of €6,670. Equity has been growing by about 26% per year since 2023. Its solvency ranks better than 27% of 1,901 sector peers (NACE 10, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 31-03-2023 Normal situation
Activity
Manufacture of food products NACE 10850and 4 others
Establishment unit
2.343.531.975 9220 Hamme (Vl.), since 31-03-2023
Financial year end
30 September
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.5%
Annual accounts to 30-09-2025
Gross margin
€14,270
▼ 3.5%
Turnover
≈ €110,000
estimated
Profit
€6,670
▼ 50.7%
Equity
€4,832
▲ 16.1%
Total assets
€65,450
▲ 333%
  • 2025 accounts filed 22 days after the deadline
Score breakdownraises riskFounded in 2023Sector: Manufacture of food products (NACE 10)Equity €4,832 (7.4% of total assets)Size: total assets €65,450Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 52% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Average
Solvency 32-21
equity 7.4% of total assets
Liquidity 51-10
short-term debt 35.7% · cash 13.8%
Profitability 81-19
return on assets 10.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 1.2%lowest value 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.3%▲ +0.1 percentage points vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.5%▲ +0.1 percentage points vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 2.4%▲ +0.8 percentage points vs 04-2026 06-2026: 3.5%▲ +1.1 percentage points vs 05-2026 07-2026: 3.5%● unchanged vs 06-2026highest value 08-2026: 3.5%● unchanged vs 07-2026highest value 09-2026: 3.5%● unchanged vs 08-2026highest value 10-2026: 3.5%● unchanged vs 09-2026 11-2026: 3.5%● unchanged vs 10-2026
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 25% of them on solvency, 51% on liquidity, 70% on profitability and 65% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Equity €4,832 (7.4% of total assets)
NBB · annual accounts
raises risk · Size: total assets €65,450
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 22 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-05-2026, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
22 days late
2024
30 days early
2023
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 11 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 5 April (3 of the last 3 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 22 days after the deadline Filed on 22 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00118611.

Annual accounts 2025 filed on 22-05-2026 PDF all 3 filings

Turnover
≈ €110,000
Estimated: probably between €50,000 and €260,000
Total assets
€65,450▲ 333%
2024 · €15,118
Net result
€6,670▼ 50.7%
2024 · €13,522
Working capital
-€1,990
2024 · €4,102
Multi-year overview
2023 to 2025, 3 financial years
Operating result
€8,965
▼ 35.0% 2025
20232025
Net result
€6,670
▼ 50.7% 2025
middle half of the sector
20232025
Equity
€4,832
▲ 16.1% 2025
lowest quarter of the sector
20232025
Total assets
€65,450
▲ 333% 2025
lowest quarter of the sector
20232025
Debt
€60,618
▲ 453% 2025
20232025
Working capital
-€1,990
2025
middle half of the sector
20232025
Solvency
7.4%
▼ 20.1pp 2025
middle half of the sector
20232025
Current ratio
0.91
▼ 0.46 2025
middle half of the sector
20232025
Return on assets (ROA)
10.2%
▼ 79.3pp 2025
middle half of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€645-€13,803▲ 21×€8,965▼ 35.0%
Net result€140within the sector's middle half-€13,522within the sector's middle half▲ 97×€6,670within the sector's middle half▼ 50.7%
Equity€2,640below the sector's middle half-€4,162below the sector's middle half▲ 57.7%€4,832below the sector's middle half▲ 16.1%
Total assets€9,708below the sector's middle half-€15,118below the sector's middle half▲ 55.7%€65,450below the sector's middle half▲ 333%
Debt€7,068-€10,956▲ 55.0%€60,618▲ 453%
Working capital€2,580within the sector's middle half-€4,102within the sector's middle half▲ 59.0%-€1,990within the sector's middle half
Solvency27.2%within the sector's middle half-27.5%within the sector's middle half▲ 0.3pp7.4%within the sector's middle half▼ 20.1pp
Current ratio1.37within the sector's middle half-1.37within the sector's middle half▲ 0.010.91within the sector's middle half▼ 0.46
Return on assets (ROA)1.4%within the sector's middle half-89.4%above the sector's middle half▲ 88.0pp10.2%within the sector's middle half▼ 79.3pp
above within below The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 35% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,450
Fixed assets €44,087 ▲ 735×
Current assets €21,364 ▲ 41.9%
Equity and liabilities €65,450
Equity €4,832 ▲ 16.1%
Debt €60,618 ▲ 453%
Debt's share of the balance-sheet total rises from 72.5% to 92.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13,605
Cash flow
€11,310
Debt to equity
12.54▲
2024 · 2.63
ROE
138.0%▼
2024 · 324.9%
Interest coverage
9.29
Debt ≤ 1 year
€23,354▲
2024 · €10,956
Debt > 1 year
€37,265
Income taxes
€1,339▲
2024 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-09-202330-09-202430-09-2025
Tangible fixed assets--€48,667
Financial fixed assets€60--
Depreciation and write-downs of the year--€4,640

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€15,118€65,450▲
Fixed assets21/28€60€44,087▲
Tangible fixed assets22/27-€44,027
Leasing and similar rights25-€44,027
Financial fixed assets28€60€60=
Current assets29/58€15,058€21,364▲
Amounts receivable within one year40/41€8,550€11,810▲
Trade receivables40€7,532€1,392▼
Other amounts receivable41€1,019€10,418▲
Cash at bank and in hand54/58€6,508€9,045▲
Deferred charges and accrued income490/1-€509
Equity and liabilities
Total equity and liabilities10/49€15,118€65,450▲
Equity10/15€4,162€4,832▲
Contributions10/11€2,500€2,500=
Reserves13€1,600€2,332▲
Distributable reserves133€1,600€2,332▲
Profit (loss) carried forward14€62€0▼
Amounts payable17/49€10,956€60,618▲
Amounts payable after more than one year17-€37,265
Financial debts170/4-€37,265
Amounts payable within one year42/48€10,956€23,354▲
Current portion of amounts payable after more than one year42-€7,694
Trade debts44€3,212€1,790▼
Suppliers440/4€3,212€1,790▼
Advances received on contracts in progress46-€1,684
Taxes, remuneration and social security45€7,744€12,186▲
Taxes450/3€7,744€9,147▲
Remuneration and social security454/9-€3,040
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,640
Other operating charges640/8€984€665▼
Gross operating margin9900€14,787€14,270▼
Operating profit (loss)9901€13,803€8,965▼
Financial income75/76B-€509
Recurring financial income75-€509
Financial charges65/66B€280€1,465▲
Recurring financial charges65€280€1,465▲
Profit (loss) for the period before taxes9903€13,522€8,009▼
Income taxes67/77€0€1,339▲
Profit (loss) for the period9904€13,522€6,670▼
Profit (loss) for the period to be appropriated9905€13,522€6,670▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,662€6,732▼
Profit (loss) brought forward from the previous period14P€140€62▼
Transfer to equity691/2€1,600€732▼
To other reserves6921€1,600€732▼
Profit to be distributed694/7€12,000€6,000▼
Directors or managers695€12,000€6,000▼

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 22-05-2026.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€4,640-
Other operating charges640/8-€984€665▼ 32.4%
Gross operating margin9900€645€14,787€14,270▼ 3.5%
Operating profit (loss)9901€645€13,803€8,965▼ 35.0%
Financial income75/76B--€509-
Recurring financial income75--€509-
Financial charges65/66B€24€280€1,465▲ 423%
Recurring financial charges65€24€280€1,465▲ 423%
Profit (loss) for the period before taxes9903€621€13,522€8,009▼ 40.8%
Income taxes67/77€481€0€1,339-
Profit (loss) for the period9904€140€13,522€6,670▼ 50.7%
Profit (loss) for the period to be appropriated9905€140€13,522€6,670▼ 50.7%
Line202320242025Change
Assets
Total assets20/58€9,708€15,118€65,450▲ 333%
Fixed assets21/28€60€60€44,087▲ 735×
Tangible fixed assets22/27--€44,027-
Leasing and similar rights25--€44,027-
Financial fixed assets28€60€60€60=
Current assets29/58€9,648€15,058€21,364▲ 41.9%
Amounts receivable within one year40/41€2,475€8,550€11,810▲ 38.1%
Trade receivables40€2,475€7,532€1,392▼ 81.5%
Other amounts receivable41-€1,019€10,418▲ 923%
Cash at bank and in hand54/58€7,173€6,508€9,045▲ 39.0%
Deferred charges and accrued income490/1--€509-
Equity and liabilities
Total equity and liabilities10/49€9,708€15,118€65,450▲ 333%
Equity10/15€2,640€4,162€4,832▲ 16.1%
Contributions10/11€2,500€2,500€2,500=
Reserves13-€1,600€2,332▲ 45.8%
Distributable reserves133-€1,600€2,332▲ 45.8%
Profit (loss) carried forward14€140€62€0▼ 99.7%
Amounts payable17/49€7,068€10,956€60,618▲ 453%
Amounts payable after more than one year17--€37,265-
Financial debts170/4--€37,265-
Amounts payable within one year42/48€7,068€10,956€23,354▲ 113%
Current portion of amounts payable after more than one year42--€7,694-
Trade debts44€2,732€3,212€1,790▼ 44.3%
Suppliers440/4€2,732€3,212€1,790▼ 44.3%
Advances received on contracts in progress46--€1,684-
Taxes, remuneration and social security45€4,337€7,744€12,186▲ 57.4%
Taxes450/3€4,337€7,744€9,147▲ 18.1%
Remuneration and social security454/9--€3,040-
Line202320242025Change
Profit (loss) for the period9904€140€13,522€6,670▼ 50.7%
+ Depreciation and write-downs630--€4,640-
Operating cash flow (approximation)€140€13,522€11,310▼ 16.4%
Investment in fixed assets (approximation)-€0-€48,667-
Change in cash--€665€2,537-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,157 companies had the same profile as ES SOLUTION has now. Two years later, 94.1% were still going and 3.0% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
94.1% was still going
2.8% stopped otherwise
3.0% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ES SOLUTION itself: 3.5% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,157 companies, not a prediction for ES SOLUTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (3)
Financial year Type Filed Reference Document
30-09-2025 micro format 22-05-2026 2026-00118611 PDF
30-09-2024 micro format 31-03-2025 2025-00060965 PDF
30-09-2023 micro format 04-04-2024 2024-00057402 PDF

Board & ownership

Directors

Directors
1 director, no change since 2023
SOENEN Erwin Lydie
Statutory director · appointed in the act of 04-04-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 22-05-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 04-04-2023

Owners and capital

Shareholders

At incorporation act of 04-04-2023 ↗

Capital transactions

Capital over time
  1. 04-04-2023 Incorporation · €2,500 · 25 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
SOENEN Erwin Lydie
  • Statutory director, appointed in the act of 04-04-2023, still in office
SOENEN Laura Saskia Gilbert
  • Statutory director, appointed in the act of 04-04-2023, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1”
“Ad nutum bij besluit algemene vergadering, steeds wegens wettige reden”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 04-04-2023 (in Dutch)

Network & group

ES SOLUTION shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of ES SOLUTION. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 30-04-2027
2026
22-05
NBB filing Annual accounts 2025 filedPDF
micro format · 22 days late
2025
31-03
NBB filing Annual accounts 2024 filedPDF
micro format · 30 days before the deadline
2024
30-09
Financial Highest result from 2023 to 2025net €13,522 ▲9,564%
The operating result of €13,803 and the net result of €13,522 are both a record.
04-04
NBB filing Annual accounts 2023 filedPDF
micro format · 26 days before the deadline
2023
04-04
Gazette deed Incorporation
Starting capital €2,500 · Appointments: SOENEN Erwin Lydie (statutory director) and SOENEN Laura Saskia Gilbert (statutory director) · Founder9 points ▸
  • Incorporation, 30-03-2023
  • Founder, SOENEN Erwin Lydie
  • Founding capital, €2,500
  • Capital
  • Director appointment, SOENEN Erwin Lydie (statutory director), mentioned 2 times in the deed
  • Director appointment, SOENEN Laura Saskia Gilbert (statutory director)
  • Registered office clause, “9220 Hamme,Sint-Annastraat 271” (deed in Dutch)
  • Board rule, 1
  • Director appointment, SOENEN Laura Saskia Gilbert (statutair opvolgend bestuurder)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

ES SOLUTION was incorporated on 31 March 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 SOENEN Erwin Lydie is statutory director of the company, appointed in the act of 04-04-2023.2 Total assets rose from €9,708 in 2023 to €65,450 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-04-2023
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Register details

Identity

KBO record
Name ES SOLUTION in Dutch
Enterprise number 0800.254.354
Legal form Private limited company
Status Active, normale toestand
Founded 31-03-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-04-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 04-04-2023 (in Dutch)

Registered office and establishments

Registered office Sint-Annastraat 271, 9220 Hamme (Vl.), Belgium
Establishment unit Sint-Annastraat 271, 9220 Hamme (Vl.) since 31-03-2023 · unit number 2.343.531.975
E-mail erwin_soenen@hotmail.com
Phone 0478125690

Activities

NACEBEL 2025
10850 Manufacture of food products main activity
46170 Agents in the wholesale of food, beverages and tobacco
47221 Retail sale of meat and meat products, excluding game and poultry
47222 Retail trade
56210 Event catering
Codes under NACEBEL 2008
10850 Manufacture of food products main activity
46170 Wholesale trade
47221 Retail trade
47222 Retail trade
56210 Catering
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitbaten van een beenhouwerij; Klein- en groothandel in vleeswaren en aanverwante producten; Aan- en verkoop vleeswaren en alle aanverwante…”
7 activities
  1. Uitbaten van een beenhouwerij;
  2. Klein- en groothandel in vleeswaren en aanverwante producten;
  3. Aan- en verkoop vleeswaren en alle aanverwante artikelen;
  4. Productie,groot- en kleinhandel klaargemaakte gerechten (direct klaargerechten);
  5. Het organiseren en verzorgen van recepties,feesten,evenementen;
  6. Catering en afhaal voedingswaren;
  7. Roerende en onroerende handelingen die direct of indirect deel uitmaken met de voornoemde activiteiten;
deed of 04-04-2023 (in Dutch)

Invoicing and payment

VAT number BE 0800.254.354
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0800254354
Other Peppol ID 9925:BE0800254354
Registered 18-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 15:00
deed of 04-04-2023 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hamme (O.-Vl.)unit number 2.343.531.975
1 permission
Dienstverlener - distributie - detailhandel · since 23-01-2024

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,272 m²
Building footprint
258 m²
Building volume
1,029 m³
Cadastral parcel Region Area Buildings Height / floors
42452E0552/00M000 Flanders 1,272 m² 1 · 258 m² 5.7 m · 1