ESB COLOR
ActiveESB COLOR has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €23k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 2041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+31
Solvency100=
Growth81=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 32.75 against 11.59 in 2024; short-term debt: 3% and cash: 9.3% of total assets), and 3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
97%
Return on assets
10.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
26 d late
2022
29 d late
2021
11 d early
2020
5 d late
2019
18 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€178k▼ 40.6%
2022 · €299k
2018: €82k
2019: €74k
2020: €166k
2021: €147k
2022: €299k
2018 → 2023
EBIT margin
25.3%▲ 12.8pp
2022 · 12.5%
2018: 5.2%
2019: 0.3%
2020: 18.1%
2021: 8.7%
2022: 12.5%
2018 → 2023
Net result
€23k▲ 111%
2024 · €11k
2018: €-245
2019: €6k
2020: €21k
2021: €12k
2022: €27k
2023: €37k
2024: €11k
2018 → 2025
Working capital
€204k▲ 10.8%
2024 · €184k
2018: €66k
2019: €76k
2020: €91k
2021: €103k
2022: €131k
2023: €170k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€147k-€299k▲ 104%€178k▼ 40.6%
Equity€111k-€138k▲ 24.6%€175k▲ 26.6%€186k▲ 6.1%€208k▲ 12.2%
Operating result€13k-€37k▲ 191%€45k▲ 20.7%€7k▼ 84.9%€29k▲ 332%
Net result€12k-€27k▲ 122%€37k▲ 34.8%€11k▼ 70.7%€23k▲ 111%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 332% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€4k▲ 178%
Current assets
€210k▲ 4.4%
Equity and liabilities €215k
Equity
€208k▲ 12.2%
Debt
€6k▼ 63.0%
The debt ratio falls from 8.6% to 3.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2024 · €10k
Cash flow
€24k▲
2024 · €14k
Solvency
97.0%▲
2024 · 91.4%
Current ratio
32.75▲
2024 · 11.59
Quick ratio
7.49▲
2024 · 4.11
Debt / equity
0.03▼
2024 · 0.09
ROE
10.9%▲
2024 · 5.8%
ROA
10.6%▲
2024 · 5.3%
Interest coverage
122.26▲
2024 · -5.34
Debt
€6k▼
2024 · €17k
Debt ≤ 1 year
€6k▼
2024 · €17k
Income taxes
€6k▲
2024 · €-2k
Staff costs
€18k▲
2024 · €14k
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€203k€215k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Furniture and vehicles24€2k€4k▲
Current assets29/58€201k€210k▲
Stocks and contracts in progress3€130k€162k▲
Stocks30/36€130k€162k▲
Amounts receivable within one year40/41€6k€11k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€48k€20k▼
Deferred charges and accrued income490/1€17k€17k▼
Equity and liabilities
Total equity and liabilities10/49€203k€215k▲
Equity10/15€186k€208k▲
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€171k€194k▲
Amounts payable17/49€17k€6k▼
Amounts payable within one year42/48€17k€6k▼
Current portion of amounts payable after more than one year42€2k€2k▼
Trade debts44€6k€912▼
Suppliers440/4€6k€912▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€58-
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€8k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€14k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€551€1k▲
Gross operating margin9900€24k€50k▲
Operating profit (loss)9901€7k€29k▲
Financial charges65/66B€-2k€249▲
Recurring financial charges65€-2k€249▲
Profit (loss) for the period before taxes9903€9k€29k▲
Income taxes67/77€-2k€6k▲
Profit (loss) for the period9904€11k€23k▲
Profit (loss) for the period to be appropriated9905€11k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€194k▲
Profit (loss) brought forward from the previous period14P€161k€171k▲
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (4 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 32.75
Current ratio from 11.59 to 32.75; short-term debt falls from €17k to €6k.
31-12
Financial
Equity above €200kEq €208k ▲12.2%
7 profitable years in a row build equity to €208k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €37k ▲34.8%
Operating result €45k, net result €37k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 12.59
Current ratio from 5.92 to 12.59; short-term debt falls from €27k to €15k.
31-12
Financial
Equity above €150kEq €175k ▲26.6%
5 profitable years in a row build equity to €175k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €100kEq €111k ▲12.4%
3 profitable years in a row build equity to €111k.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 188 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-10-2022
Resigned as Manager
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2008
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.
Rue René Delhaize 976043 CharleroiGround area
1,010 m²
Building footprint
203 m²
Volume, LiDAR
1,815 m³
2 parcels, Wallonia · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Bruxelles 42, 6020 Charleroi
since 20082.174.579.652
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52058A0090/00H000 | Wallonia | 849 m² | 1 · 151 m² | 10.7 m · 3 fl. |
| 52016A0422/00S011 | Wallonia | 161 m² | 1 · 52 m² | 12.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
12 categoriesESB COLOR SRL33545
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Of 11,137 companies in sector 43910 we hold annual accounts for 5,487. 4,496 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-11-2008
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43910Bricklaying and masonry work
43994Specialised construction activities
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.