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ESaP

Active Private limited companyfounded 2009active for 17 yearsJannestraat 63, 3512 HasseltKBO/BCE: BE 0809.614.161
ESaP
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Overview

Lifetime

16 annual accounts with figures on one time axis
peak €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 accounts

Equity

€686,777 ▲ 15.0%

ESaP has made a profit in every financial year since 2010.

Liquidity

13.45 was 6.61 in 2024

Short-term debts fell from €97,469 to €52,354.

Filings

16 annual accounts since 2010
deadline2010201520202025

The last five annual accounts were filed 4 to 42 days before the end of the period.

Checked 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
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
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.

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 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

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

Board and ownership

Director
Director
Director
Board & ownership

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
All 29 events

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
Company details

Annual accounts to 30-06-2025

€142,515▼ 35.8%
≈ €420,000estimated
€89,688▼ 18.8%
€686,777▲ 15.0%
€739,431▲ 6.4%
Filing
Filed on 05-01-2026, 26 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 05-01-2026, 26 days before the deadline
€142,515
▼ 35.8%
€125,518
▼ 19.5%
€89,688
▼ 18.8%
€651,923
▲ 19.2%
92.9%
▲ 6.9 percentage points
13.45
▲ 6.84

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

Turnover ≈ €420,000. Estimated: probably between €290,000 and €520,000.

Balance sheet

balance sheet total €739,431 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

92.9%

Higher than 95% of 35,156 companies in 2025.

13.45

Higher than 95% of 34,529 companies in 2025.

12.1%

Higher than 63% of 34,730 companies in 2025.

ESaP Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 739,431694,858562,510510,399360,006202,281179,407121,817127,54785,48384,69987,11474,18356,25665,18879,558
21/28 35,15450,69664,3856,1397,06113,11722,58412,34017,30819,2763,4271,9593,7509,38513,74818,352
22/27 35,15450,69664,3856,1397,06113,11722,58412,34017,30819,2763,4271,9593,7509,38513,74818,352
23 2,7264,1393,6984,8351,6112,5781,8601,0731,3604074951,1073351,0041,5581,022
24 32,42846,55860,6871,3045,45010,53920,72411,26715,94818,8692,9328523,4158,38112,19017,330
29/58 704,277644,162498,126504,260352,945189,164156,823109,477110,23966,20781,27285,15570,43346,87151,44061,206
3 4,1203,2852,6403,1801,9802,750----------
30/36 4,1203,2852,6403,1801,9802,750----------
40/41 68,10297,85387,59468,18682,83576,22667,25546,32820,25911,1899,35024,43826,85139,06722,34817,968
40 55,72383,77874,41554,02068,56061,78945,87135,16318,5818,3916,5899,5637,63911,92917,94315,449
41 12,37914,07513,18014,16514,27514,43721,38411,1651,6782,7982,76114,87519,21227,1384,4052,519
50/53 500,000---------------
54/58 129,668540,131405,597430,346265,443107,21986,51462,95389,76154,51471,92260,71743,5827,56929,09243,238
490/1 2,3872,8932,2942,5482,6872,9693,054196219504---235--
Balance sheet: equity and liabilities
10/49 739,431694,858562,510510,399360,006202,281179,407121,817127,54785,48384,69987,11474,18356,25665,18879,558
10/15 686,777597,090521,763418,177287,224173,379144,68591,51382,56061,71757,17054,26756,26147,56433,57021,388
10/11 6,2006,20041,30041,30041,300-41,30041,30041,30041,30041,30041,3006,2006,2006,2006,200
100 ------53,70053,70053,70053,70053,70053,70018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 -----41,300----------
1100/10 -----41,300----------
13 680,577590,890480,463376,877245,924132,079103,38550,21341,26020,41715,87012,96750,06141,36427,3701,860
130/1 --5,3705,3705,3705,370----------
130 ------5,3705,3705,3705,3705,3703,2601,8601,8601,8601,860
1311 --5,3705,3705,370-----------
1319 -----5,370----------
133 680,577590,890475,093371,507240,554126,70998,01544,84335,89015,04710,5009,70748,20139,50425,510-
14 ---------------13,328
17/49 52,65497,76940,74792,22272,78228,90234,72230,30444,98723,76627,52932,84717,9228,69231,61858,170
42/48 52,35497,46940,44791,92272,78228,84934,72230,30444,98723,76627,52932,84717,9228,69231,61858,170
44 23,07328,7219,25834,29918,9128,97810,81316,0647,9494,9153,4433,5446,0041,03210,20337,342
440/4 23,07328,7219,25834,29918,9128,97810,81316,0647,9494,9153,4433,5446,0041,03210,20337,342
46 ----------1,0002,400----
45 21,29430,39330,72546,93743,87012,37114,30914,24016,4564,1504,4401,9033,9181,6606,9733,930
450/3 14,69423,79321,00736,43736,4543,9378,5138,22311,1994,1502,9401,9032,4181,6605,9733,930
454/9 6,6006,6009,71810,5017,4168,4345,7966,0175,257-1,500-1,500-1,000-
47/48 7,98738,35546410,68610,0007,5009,600-20,58214,70118,64625,0008,0006,00014,44216,898
492/3 300300300300-53----------
Income statement
76A --7,314----------1,6591,5822,273
9900 142,515222,134259,906296,494226,210101,436139,22961,49663,21026,76118,62231,31624,17428,65627,72741,130
62 -49,728106,051105,08848,06543,08240,24441,97016,413--2,339---1,266
630 15,54215,35510,5224,8626,05611,21415,3315,4425,6557,4543,0323,2775,6356,7526,2759,794
640/8 1,4551,0547801,4161,0771,2241,0451,2411,1731,1712,5128691,1538251,2141,514
66A ---------510260-310-190220
9901 125,518155,997142,553185,127171,01245,91682,60912,84339,96918,13613,07824,83117,38621,07920,23828,556
75/76B 1,5332,6254,1754,1201,9092,4362,0351,7921,5657941,3892,8102,9072,4351,8081,271
75 1,5332,6254,1754,1201,9092,4362,0351,7921,5657941,3892,8102,9072,4351,8081,271
65/66B 3191,5271,0351,9233086471,62760837717313398932321,302759
65 3197955491,566861471,1269831217313398932321,302759
66B -73248635622250050151065-------
9903 126,732157,095145,693187,325172,61347,70583,01714,02741,15718,24714,07427,54319,89024,94122,13631,121
67/77 37,04446,66842,10756,37248,76811,51120,2455,07310,3133,7001,1716373,1934,9474,9549,933
9904 89,688110,427103,586130,953123,84536,19462,7728,95430,84414,54712,90326,90616,69719,99417,18221,188
9905 89,688110,427103,586130,953123,84536,19462,7728,95430,84414,54712,90326,90616,69719,99417,18221,188
Appropriation of the result
9906 89,688110,427103,586130,953123,84536,19462,7728,95430,84414,54712,90326,90616,69719,99430,51021,188
791/2 -----------39,000----
691/2 89,688110,427103,586130,953113,84528,69453,1728,95420,8444,5472,9031,9068,69713,99425,5101,860
6920 ----------2,1101,400---1,860
6921 89,688110,427103,586130,953113,84528,69453,1728,95420,8444,5477935068,69713,99425,510-
694/7 ----10,0007,5009,600-10,00010,00010,00064,0008,0006,0005,0006,000
694 ------1,600----39,000----
695 ----10,0007,5008,000-10,00010,00010,00025,0008,0006,0005,0006,000
Social balance sheet
9087 -1.12.32.30.51110.3--0.2----
Hours worked1013 -1,6153,7843,8839921,7921,7601,928472--160----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 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 05-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 05-01-2026 2026-00001060 PDF
30-06-2024 micro format 09-01-2025 2025-00002189 PDF
30-06-2023 micro format 20-12-2023 2023-00532234 PDF
30-06-2022 micro format 27-01-2023 2023-00006138 PDF
30-06-2021 micro format 20-01-2022 2022-01400043 PDF
30-06-2020 micro format 31-12-2020 2020-77700227 PDF
30-06-2019 micro format 18-12-2019 2019-76600144 PDF
30-06-2018 micro format 21-01-2019 2019-01900043 PDF
30-06-2017 micro format 22-12-2017 2017-73200329 PDF
30-06-2016 abbreviated format 23-12-2016 2016-71700159 PDF
30-06-2015 abbreviated format 29-12-2015 2015-71000192 PDF
30-06-2014 abbreviated format 18-12-2014 2014-70300349 PDF
30-06-2013 abbreviated format 18-12-2013 2013-69300456 PDF
30-06-2012 abbreviated format 19-12-2012 2012-67200087 PDF
30-06-2011 abbreviated format 19-12-2011 2011-64200400 PDF
30-06-2010 abbreviated format 23-12-2010 2010-64400295 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
141,060171,352153,075189,989177,06857,13097,94018,28545,62425,59016,11028,10823,02127,83126,51338,350
105,230125,782114,108135,815129,90147,40878,10314,39636,49922,00115,93530,18322,33226,74623,45730,982
01,66768,7683,94001,74725,5754743,68723,3034,5001,48602,3891,67128,146
-410,463134,534-24,749164,903158,22420,70523,561-26,80835,247-17,40811,20517,13536,013-21,523-14,146-
651,923546,693457,678412,338280,163160,315122,10179,17365,25242,44153,74352,30852,51138,17919,8223,036
92.9%85.9%92.8%81.9%79.8%85.7%80.6%75.1%64.7%72.2%67.5%62.3%75.8%84.5%51.5%26.9%
13.456.6112.325.494.856.564.523.612.452.792.952.593.935.391.631.05
13.376.5812.255.454.826.464.523.612.452.792.952.593.935.391.631.05
0.080.160.080.220.250.170.240.330.540.390.480.610.320.180.942.72
13.1%18.5%19.9%31.3%43.1%20.9%43.4%9.8%37.4%23.6%22.6%49.6%29.7%42.0%51.2%99.1%
12.1%15.9%18.4%25.7%34.4%17.9%35.0%7.4%24.2%17.0%15.2%30.9%22.5%35.5%26.4%26.6%
over 100over 100over 100over 100------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202430-06-202330-06-2022
Employees at the balance-sheet date-23
full-time-23
in full-time equivalents-23
1.12.32.3
On a permanent contract-23
Joined102
Left310

Source: social balance sheet in the 2022 to 2024 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets-€1,667€68,768€3,940
€15,542€15,355€10,522€4,862

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on ESaP

The operating result for 2025 is 20% lower than in 2024 and the lowest since 2020.

Debt's share of the balance-sheet total falls from 14.1% to 7.1%. Equity is higher and debt is lower.

Board & ownership

Board

3 directors, last change in 2024
Director (not named in the articles)
appointed by deed of 22-01-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 05-01-2026
Director (not named in the articles)
appointed by deed of 22-01-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 05-01-2026
Director (not named in the articles)
in office according to the deed of 22-01-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 05-01-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)

Director (not named in the articles)
Boardmandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), since before 30-06-2022
    • Director (not named in the articles), appointed by deed of 22-01-2024, still in office
    • Director (not named in the articles), appointed by deed of 22-01-2024, still in office

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2025 annual accounts

Network & group

No group

ESaP has no parent and no holdings in its annual accounts. ESaP shares no director with another company.

At the same address

Jannestraat 63, 3512 Hasselt · 1 other company
Santermans, Erwin (sole trader)
establishment since 17-08-2001
 founded in 2001
0696.553.337

Timeline

Timeline

29 events since 2009

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFmicro format · 26 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0809614161
Liquidity doubles current ratio 13.45 The current ratio rises from 6.61 to 13.45. Short-term debt falls from €97,469 to €52,354.
Annual accounts 2024 filed PDFmicro format · 22 days before the deadline
2024
2 directors appointed, 1 reappointmentReappointment: (director) · Appointments: (director) and (director) · General meeting of 11-01-20247 points ▸
  • Board rule, 3
  • Director reappointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Registered office clause, Janssestraat 63, 3512 Hasselt
  • Power of attorney,
  • General meeting, 11-01-2024
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2023 filed PDFmicro format · 42 days before the deadline
Liquidity more than doubled current ratio 12.32 The current ratio rises from 5.49 to 12.32. Short-term debt falls from €91,922 to €40,447.
Equity above €500,000 equity €521,763 ▲24.8% Equity rises from €418,177 to €521,763.
Annual accounts 2022 filed PDFmicro format · 4 days before the deadline
2022
Highest result from 2010 to 2025 net €130,953 ▲5.7% The operating result of €185,127 and the net result of €130,953 are both a record.
Annual accounts 2021 filed PDFmicro format · 11 days before the deadline
2021
Equity above €200,000 equity €287,224 ▲65.7% Equity rises from €173,379 to €287,224.
2020
Annual accounts 2020 filed PDFmicro format · 31 days before the deadline
Equity above €150,000 equity €173,379 ▲19.8% Equity rises from €144,685 to €173,379.
2019
Annual accounts 2019 filed PDFmicro format · 44 days before the deadline
Equity above €100,000 equity €144,685 ▲58.1% Equity rises from €91,513 to €144,685.
Annual accounts 2018 filed PDFmicro format · 10 days before the deadline
2018
Weakest financial year net €8,954 ▼71% The net result drops to €8,954, the lowest from 2010 to 2025. It recovers the following year.
2017
Annual accounts 2017 filed PDFmicro format · 40 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 39 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 33 days before the deadline
2014
Annual accounts 2014 filed PDFabbreviated format · 44 days before the deadline
2013
Annual accounts 2013 filed PDFabbreviated format · 44 days before the deadline
2012
Annual accounts 2012 filed PDFabbreviated format · 43 days before the deadline
Liquidity more than triples current ratio 5.39 The current ratio rises from 1.63 to 5.39. Short-term debt falls from €31,618 to €8,692.
2011
Annual accounts 2011 filed PDFabbreviated format · 43 days before the deadline
2010
Annual accounts 2010 filed PDFabbreviated format · 39 days before the deadline
2009
Incorporation PDFpublished on 09-02-2009
First establishment Jannestraat 63, Hasselt

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

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

History

On 5 February 2009, ESaP was incorporated.1 Total assets went from €179,407 in 2019 to €739,431 in 2025 and headcount from 1 full-time equivalents in 2019 to 1.1 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019, 2024 and 2025

Company details

Identity

Enterprise number
0809.614.161
VAT number
BE 0809.614.161
Peppol ID
0208:0809614161
Other Peppol ID
9925:BE0809614161
Legal form
Private limited company
Status
Active, normal situation
Founded
05-02-2009
Financial year
ends on 30 June
Peppol
Reachable since 13-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ESaP in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
43211 General electrical installation work main activity
46431 Wholesale of electrical household appliances and audio-video equipment
Joint committees annual accounts 30-06-2024
JC 149.01 Electricians: installation and distribution
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
46431 Wholesale of electrical household appliances and audio-video equipment

Registered office and establishments

1 establishment
Establishment Since Unit number
Jannestraat 63 registered office 3512 Hasselt 4321101 General electrical installation work 05-02-2009 2.176.719.590

Buildings and parcels at the address

Ground area
905 m²
Buildings
211 m²
Volume, LiDAR
934 m³
Tallest building
6.5 m
Buildings to scale, each on its own parcel
211 m², 6.5 m 211 m², 6.5 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
71055A0127/00X000905 m² 1 · 211 m² 6.5 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0809.614.161

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