Equity
€686,777 ▲ 15.0%
ESaP has made a profit in every financial year since 2010.
ESaP
Lifetime
16 annual accounts with figures on one time axispeak €296,494 (2022)
€142,515▼ 35.8%
peak €130,953 (2022)
€89,688▼ 18.8%
peak €686,777 (2025)
€686,777▲ 15.0%
€52,654▼ 46.1%
peak 1 FTE (2018)
-not published
Board3 names since 2022
3 directors and 2 others
Documentsfilings and deeds
05-01-202626 days before the deadline
2025micro format
Gross margin from €222,134 to €142,515Equity from €597,090 to €686,777Debts from €97,769 to €52,654Cash from €540,131 to €129,668
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as ESaP has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,448 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.
| 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 17,811 companies, not a prediction for ESaP. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0809614161
2 directors appointed, 1 reappointment
Reappointment: (director) · Appointments: (director) and (director) · General meeting of 11-01-2024 · Gazette deed
Incorporation
published on 09-02-2009 · Gazette deed
First establishment
Jannestraat 63, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ESaP Hasselt | €739,431 | €142,515 | 92.9% | - |
| SCHIFFELEERS ELEKTRICITEIT Alken | €684,269 | €145,058 | 61.7% | 4.3 |
| ALRASOL TECHNICS Wellen | €712,052 | €117,796 | 48.7% | 1 |
| JL Systems Algemene Elektriciteitswerken Hasselt | €814,790 | €148,689 | 54.7% | 1 |
| ELECTRO HASEVOETS Alken | €684,685 | €177,862 | 37.7% | 2.5 |
| DC-Q Bonheiden | €714,455 | €145,760 | 95.4% | - |
| ELY Londerzeel | €707,839 | €145,408 | 32.0% | - |
These companies have the same main activity as ESaP: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €684,000 and €815,000, founded between 2005 and 2010.
Official details
Source: KBO- Status
- Active since 05-02-2009Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 30-06-2024
- Establishment unit
- 2.176.719.5903512 Hasselt, since 05-02-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 13-12-2025
Annual accounts to 30-06-2025
- ≈ €420,000estimated
- €739,431▲ 6.4%
- Filing
- Filed on 05-01-2026, 26 days before the end of the filing period
Insights on ESaP
ESaP files the micro format. That format states no turnover. The gross margin rose from €41,130 in 2010 to €142,515 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ESaP
- What is the company number of ESaP?
- The company number of ESaP is 0809.614.161. The VAT number is the same number with BE in front: BE 0809.614.161.
- Where is ESaP based?
- The registered office is at Jannestraat 63, 3512 Hasselt.Company details
- What does ESaP do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ESaP?
- ESaP is a private limited company (BV).
- When was ESaP founded?
- ESaP was founded on 05-02-2009.
- Is ESaP still active?
- Yes, ESaP is an active enterprise in the KBO register.
- How many employees does ESaP have?
- ESaP had an average of 1.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does ESaP fall under?
- In its 30-06-2024 annual accounts, ESaP states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of ESaP?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €142,515 and 38 comparable companies (NACE 43211). It probably lies between €290,000 and €520,000.
- Is ESaP profitable?
- In financial year 2025, ESaP made a profit of €89,688.
- Where can I find the annual accounts of ESaP?
- ESaP filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESaP due?
- ESaP must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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