ESBEE
ActiveSummary
ESBEE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €329,008 and a net result of €12,381. Equity is growing by ~9.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-9
Solvency100▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 5.52 against 3.93 in 2023; short-term debt: 14% and cash: 27.3% of total assets), and 20.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
28 d late
2023
6 d early
2021
31 d late
2020
60 d late
2019
29 d early
2018
58 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
In the rankings
#8 oldest company in Lubbeek, Telecoms and IT sector
Equity
€329,008▲ 3.9%
2023 · €316,627
Total assets
€415,068▼ 4.1%
2023 · €432,762
Net result
€12,381▼ 70.2%
2023 · €41,526
Working capital
€262,829▲ 21.2%
2023 · €216,941
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120232024
Operating result€23,084▼ 50.3%€11,411▼ 50.6%€49,725▲ 336%€60,811-€20,368▼ 66.5%
Net result€15,242▼ 45.4%€3,145below the sector's middle half▼ 79.4%€31,285within the sector's middle half▲ 895%€41,526within the sector's middle half-€12,381within the sector's middle half▼ 70.2%
Equity€208,722▲ 7.9%€211,867above the sector's middle half▲ 1.5%€243,152within the sector's middle half▲ 14.8%€316,627within the sector's middle half-€329,008within the sector's middle half▲ 3.9%
Total assets€382,450▼ 18.7%€372,834above the sector's middle half▼ 2.5%€394,654within the sector's middle half▲ 5.9%€432,762within the sector's middle half-€415,068within the sector's middle half▼ 4.1%
Debt€173,728▼ 37.3%€160,967▼ 7.3%€151,502▼ 5.9%€116,135-€86,060▼ 25.9%
Working capital€213,701▲ 128%€169,525above the sector's middle half▼ 20.7%€163,938within the sector's middle half▼ 3.3%€216,941within the sector's middle half-€262,829within the sector's middle half▲ 21.2%
Solvency54.6%▲ 13.5pp56.8%within the sector's middle half▲ 2.3pp61.6%within the sector's middle half▲ 4.8pp73.2%above the sector's middle half-79.3%above the sector's middle half▲ 6.1pp
Current ratio3.86▲ 2.243.10within the sector's middle half▼ 0.772.96within the sector's middle half▼ 0.133.93above the sector's middle half-5.52above the sector's middle half▲ 1.59
Return on assets (ROA)4.0%▼ 1.9pp0.8%below the sector's middle half▼ 3.1pp7.9%within the sector's middle half▲ 7.1pp9.6%within the sector's middle half-3.0%within the sector's middle half▼ 6.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €415,068
Fixed assets
€94,056 ▼ 33.6%
Current assets
€321,012 ▲ 10.3%
Equity and liabilities €415,068
Equity
€329,008 ▲ 3.9%
Debt
€86,060 ▼ 25.9%
Debt's share of the balance-sheet total falls from 26.8% to 20.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34,166▼
2023 · €79,851
Cash flow
€26,179▼
2023 · €60,566
Quick ratio
4.08▲
2023 · 2.73
Debt to equity
0.26▼
2023 · 0.37
ROE
3.8%▼
2023 · 13.1%
Interest coverage
13.03▼
2023 · 24.09
Debt ≤ 1 year
€58,183▼
2023 · €74,157
Debt > 1 year
€27,877▼
2023 · €41,977
Income taxes
€5,364▼
2023 · €16,013
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,490 | €13,133 | €24,981 | €19,040 | €13,798 | ▼ 27.5% |
| Other operating charges640/8 | - | - | €1,437 | €2,235 | €644 | ▼ 71.2% |
| Non-recurring operating charges66A | - | - | - | €5,877 | €22,812 | ▲ 288% |
| Gross operating margin9900 | €53,130 | €26,476 | €76,142 | €87,963 | €57,622 | ▼ 34.5% |
| Operating profit (loss)9901 | €23,084 | €11,411 | €49,725 | €60,811 | €20,368 | ▼ 66.5% |
| Financial income75/76B | - | - | €0 | €43 | - | - |
| Recurring financial income75 | €753 | - | €0 | €43 | - | - |
| Financial charges65/66B | - | - | €5,500 | €3,315 | €2,623 | ▼ 20.9% |
| Recurring financial charges65 | €6,824 | €6,752 | €5,500 | €3,315 | €2,623 | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | €17,013 | €4,659 | €44,224 | €57,539 | €17,745 | ▼ 69.2% |
| Income taxes67/77 | €1,771 | €1,514 | €12,939 | €16,013 | €5,364 | ▼ 66.5% |
| Profit (loss) for the period9904 | €15,242 | €3,145 | €31,285 | €41,526 | €12,381 | ▼ 70.2% |
| Profit (loss) for the period to be appropriated9905 | €15,242 | €3,145 | €31,285 | €41,526 | €12,381 | ▼ 70.2% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €382,450 | €372,834 | €394,654 | €432,762 | €415,068 | ▼ 4.1% |
| Fixed assets21/28 | €94,032 | €122,391 | €147,240 | €141,663 | €94,056 | ▼ 33.6% |
| Tangible fixed assets22/27 | €94,032 | €122,391 | €147,240 | €141,663 | €94,056 | ▼ 33.6% |
| Land and buildings22 | - | - | €29,925 | €19,665 | €14,535 | ▼ 26.1% |
| Plant, machinery and equipment23 | - | - | €18,890 | €24,011 | €18,037 | ▼ 24.9% |
| Furniture and vehicles24 | - | - | €69,246 | €68,808 | €32,305 | ▼ 53.1% |
| Other tangible fixed assets26 | - | - | €29,179 | €29,179 | €29,179 | = |
| Current assets29/58 | €288,418 | €250,442 | €247,414 | €291,098 | €321,012 | ▲ 10.3% |
| Amounts receivable after more than one year29 | - | - | - | €10,000 | €10,000 | = |
| Trade receivables290 | - | - | - | €10,000 | €10,000 | = |
| Stocks and contracts in progress3 | €125,653 | €93,552 | €75,249 | €88,374 | €83,865 | ▼ 5.1% |
| Stocks30/36 | - | - | €63,849 | €71,874 | €83,865 | ▲ 16.7% |
| Contracts in progress37 | - | - | €11,400 | €16,500 | - | - |
| Amounts receivable within one year40/41 | €76,641 | €54,446 | €48,340 | €19,579 | €19,906 | ▲ 1.7% |
| Trade receivables40 | - | - | €48,340 | €19,579 | €12,429 | ▼ 36.5% |
| Other amounts receivable41 | - | - | - | - | €7,477 | - |
| Current investments50/53 | €14,717 | €14,717 | €53,833 | €91,260 | €91,260 | = |
| Cash at bank and in hand54/58 | €43,302 | €58,294 | €69,252 | €80,343 | €113,108 | ▲ 40.8% |
| Deferred charges and accrued income490/1 | - | - | €739 | €1,543 | €2,873 | ▲ 86.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €382,450 | €372,834 | €394,654 | €432,762 | €415,068 | ▼ 4.1% |
| Equity10/15 | €208,722 | €211,867 | €243,152 | €316,627 | €329,008 | ▲ 3.9% |
| Contributions10/11 | €13,400 | - | €13,400 | €13,400 | €13,400 | = |
| Reserves13 | €93,747 | €96,887 | €128,167 | €201,627 | €214,007 | ▲ 6.1% |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | €126,167 | €199,627 | €212,007 | ▲ 6.2% |
| Profit (loss) carried forward14 | €101,575 | €101,580 | €101,585 | €101,600 | €101,601 | = |
| Amounts payable17/49 | €173,728 | €160,967 | €151,502 | €116,135 | €86,060 | ▼ 25.9% |
| Amounts payable after more than one year17 | €91,451 | €80,050 | €68,027 | €41,977 | €27,877 | ▼ 33.6% |
| Financial debts170/4 | - | - | €68,027 | €41,977 | €27,877 | ▼ 33.6% |
| Amounts payable within one year42/48 | €74,717 | €80,917 | €83,475 | €74,157 | €58,183 | ▼ 21.5% |
| Current portion of amounts payable after more than one year42 | - | - | €12,023 | €13,371 | €14,100 | ▲ 5.5% |
| Trade debts44 | €3,614 | €22,708 | €7,253 | €2,887 | €2,773 | ▼ 3.9% |
| Suppliers440/4 | - | - | €7,253 | €2,887 | €2,773 | ▼ 3.9% |
| Taxes, remuneration and social security45 | - | - | €25,906 | €21,060 | €19,380 | ▼ 8.0% |
| Taxes450/3 | - | - | €19,373 | €14,413 | €12,587 | ▼ 12.7% |
| Remuneration and social security454/9 | - | - | €6,533 | €6,647 | €6,793 | ▲ 2.2% |
| Other amounts payable47/48 | - | - | €38,293 | €36,840 | €21,930 | ▼ 40.5% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,242 | €3,145 | €31,285 | €41,526 | €12,381 | ▼ 70.2% |
| + Depreciation and write-downs630 | €12,490 | €13,133 | €24,981 | €19,040 | €13,798 | ▼ 27.5% |
| Operating cash flow (approximation) | €27,732 | €16,278 | €56,266 | €60,566 | €26,179 | ▼ 56.8% |
| Investment in fixed assets (approximation) | - | -€41,492 | -€49,830 | - | €33,809 | - |
| Change in cash | - | €14,992 | €10,958 | - | €32,765 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €41,526 ▲32.7%
Operating result €60,811, net result €41,526, both a record.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Weakest financial yearnet €3,145 ▼79.4%
Net result drops to €3,145, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.86
Current ratio from 1.62 to 3.86; short-term debt falls from €151,968 to €74,717.
31-12
Financial
Equity above €200,000Eq €208,722 ▲7.9%
2 profitable years in a row build equity to €208,722.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
09-08
State Gazette act
Board meeting · Director appointment
Permanent representative
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lubbeek · 2 establishment units since 2003
Ground area
6,573 m²
Building footprint
270 m²
Volume, LiDAR
1,558 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Houwaartstraat(LIN) 84, 3210 Lubbeek
since 20032.126.520.310
GRAEVENBERGER
since 20192.287.282.566
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24063B0224/00M004 | Flanders | 4,184 m² | 1 · 156 m² | 10.0 m · 3 fl. |
| 24056A0032/00D000 | Flanders | 2,389 m² | 1 · 113 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
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Of 29,996 companies in this sector we hold annual accounts for 18,400. 13,462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded03-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479439425
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.