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ESCAPE

Active
Private limited company (pre-2019)founded 198936 yrs activeNoorwegenstraat 17, 9940 Evergem, BelgiumKBO/BCE: BE 0438.730.208
Summary

For ESCAPE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €676,843 and a net result of -€36,818. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 2666 sector peers (fiscal year 2022). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability21=
Solvency75▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
50%
Return on assets
-2.7%
Age of the figures
45 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-11-2023, 108 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
108 d late
2021
285 d late
2020
89 d late
2019
60 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 136 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ESCAPE was incorporated on 27 October 1989.1 Total assets rose from EUR 46,636 in 2018 to EUR 1.4 million in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€676,843▼ 5.2%
2021 · €713,661
Total assets
€1.4m▼ 2.9%
2021 · €1.4m
Net result
-€36,818▲ 3.3%
2021 · -€38,083
Working capital
-€427,370▼ 2.6%
2021 · -€416,492
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result-€13,128--€24,530▼ 86.9%-€28,687▼ 16.9%-€20,474▲ 28.6%-€16,607▲ 18.9%
Net result-€16,032--€27,134▼ 69.2%-€39,770▼ 46.6%-€38,083▲ 4.2%-€36,818▲ 3.3%
Equity-€55,047-€791,514€751,744▼ 5.0%€713,661▼ 5.1%€676,843▼ 5.2%
Total assets€46,636-€999,745▲ 2,044%€1.2m▲ 19.9%€1.4m▲ 16.3%€1.4m▼ 2.9%
Debt€101,683-€208,230▲ 105%€446,761▲ 115%€679,968▲ 52.2%€676,797▼ 0.5%
Working capital-€66,260--€193,273▼ 192%-€149,210▲ 22.8%-€416,492▼ 179%-€427,370▼ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2019 Total assets +2,044% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2018: -€13,128-€13,128Net result 2018: -€16,032-€16,032Operating result 2019: -€24,530-€24,530Net result 2019: -€27,134-€27,134Operating result 2020: -€28,687-€28,687Net result 2020: -€39,770-€39,770Operating result 2021: -€20,474-€20,474Net result 2021: -€38,083-€38,083Operating result 2022: -€16,607-€16,607Net result 2022: -€36,818-€36,81820182019202020212022-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€28,687-€28,700Net result 2020: -€39,770-€39,800Operating result 2021: -€20,474-€20,500Net result 2021: -€38,083-€38,100Operating result 2022: -€16,607-€16,600Net result 2022: -€36,818-€36,800202020212022
The operating result stays negative: a loss of €16,607 in 2022 against €20,474 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.4m
Fixed assets €1.3m ▼ 2.2%
Current assets €12,072 ▼ 43.4%
Equity and liabilities €1.4m
Equity €676,843 ▼ 5.2%
Debt €676,797 ▼ 0.5%
Debt's share of the balance-sheet total rises from 48.8% to 50.0%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€14,134▲
2021 · €11,859
Cash flow
-€6,077▼
2021 · -€5,750
Current ratio
0.03▼
2021 · 0.05
Debt to equity
1.00▲
2021 · 0.95
ROE
-5.4%▼
2021 · -5.3%
ROA
-2.7%▲
2021 · -2.7%
Interest coverage
0.70▲
2021 · 0.67
Debt ≤ 1 year
€439,441▲
2021 · €437,811
Debt > 1 year
€201,050▼
2021 · €216,592
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet Code20212022
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€1.4m€1.3m▼
Tangible fixed assets22/27€234,612€203,871▼
Land and buildings22-€203,871
Other tangible fixed assets26€234,612-
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€21,319€12,072▼
Amounts receivable within one year40/41€11,876€6,591▼
Trade receivables40€7,329€4,932▼
Other amounts receivable41€4,547€1,660▼
Cash at bank and in hand54/58€6,346€3,310▼
Deferred charges and accrued income490/1€3,096€2,170▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€713,661€676,843▼
Contributions10/11€941,866€941,866=
Profit (loss) carried forward14-€228,206-€265,024▼
Amounts payable17/49€679,968€676,797▼
Amounts payable after more than one year17€216,592€201,050▼
Financial debts170/4€216,592€201,050▼
Amounts payable within one year42/48€437,811€439,441▲
Current portion of amounts payable after more than one year42€16,494€16,823▲
Trade debts44€4,317€5,618▲
Suppliers440/4€4,317€5,618▲
Other amounts payable47/48€417,000€417,000=
Accrued charges and deferred income492/3€25,565€36,306▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,333€30,741▼
Other operating charges640/8€4,143€5,632▲
Gross operating margin9900€16,002€19,766▲
Operating profit (loss)9901-€20,474-€16,607▲
Financial income75/76B€0€7▲
Recurring financial income75€0€7▲
Financial charges65/66B€17,609€20,217▲
Recurring financial charges65€17,609€20,217▲
Profit (loss) for the period before taxes9903-€38,083-€36,818▲
Profit (loss) for the period9904-€38,083-€36,818▲
Profit (loss) for the period to be appropriated9905-€38,083-€36,818▲
Appropriation of the result
Profit (loss) to be appropriated9906-€228,206-€265,024▼
Profit (loss) brought forward from the previous period14P-€190,122-€228,206▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,681€16,229€26,773€32,333€30,741▼ 4.9%
Other operating charges640/8---€4,143€5,632▲ 35.9%
Gross operating margin9900€3,803€494€2,072€16,002€19,766▲ 23.5%
Operating profit (loss)9901-€13,128-€24,530-€28,687-€20,474-€16,607▲ 18.9%
Financial income75/76B---€0€7▲ 6,440%
Recurring financial income75€1€411-€0€7▲ 6,440%
Financial charges65/66B---€17,609€20,217▲ 14.8%
Recurring financial charges65€2,905€3,015€11,083€17,609€20,217▲ 14.8%
Profit (loss) for the period before taxes9903-€16,032-€27,134-€39,770-€38,083-€36,818▲ 3.3%
Income taxes67/77€0€0----
Profit (loss) for the period9904-€16,032-€27,134-€39,770-€38,083-€36,818▲ 3.3%
Profit (loss) for the period to be appropriated9905-€16,032-€27,134-€39,770-€38,083-€36,818▲ 3.3%
Line20182019202020212022Change
Assets
Total assets20/58€46,636€999,745€1.2m€1.4m€1.4m▼ 2.9%
Fixed assets21/28€14,067€987,741€1.1m€1.4m€1.3m▼ 2.2%
Tangible fixed assets22/27€13,978€114,045€266,945€234,612€203,871▼ 13.1%
Land and buildings22----€203,871-
Other tangible fixed assets26---€234,612--
Financial fixed assets28€89€873,696€873,696€1.1m€1.1m=
Current assets29/58€32,569€12,004€57,864€21,319€12,072▼ 43.4%
Amounts receivable within one year40/41€28,453€7,561€14,772€11,876€6,591▼ 44.5%
Trade receivables40---€7,329€4,932▼ 32.7%
Other amounts receivable41---€4,547€1,660▼ 63.5%
Cash at bank and in hand54/58€4,116€4,443€41,049€6,346€3,310▼ 47.8%
Deferred charges and accrued income490/1---€3,096€2,170▼ 29.9%
Equity and liabilities
Total equity and liabilities10/49€46,636€999,745€1.2m€1.4m€1.4m▼ 2.9%
Equity10/15-€55,047€791,514€751,744€713,661€676,843▼ 5.2%
Contributions10/11€68,171€941,866-€941,866€941,866=
Profit (loss) carried forward14-€123,218-€150,352-€190,122-€228,206-€265,024▼ 16.1%
Amounts payable17/49€101,683€208,230€446,761€679,968€676,797▼ 0.5%
Amounts payable after more than one year17--€231,829€216,592€201,050▼ 7.2%
Financial debts170/4---€216,592€201,050▼ 7.2%
Amounts payable within one year42/48€98,829€205,277€207,074€437,811€439,441▲ 0.4%
Current portion of amounts payable after more than one year42---€16,494€16,823▲ 2.0%
Trade debts44€975€102,564€37,904€4,317€5,618▲ 30.1%
Suppliers440/4---€4,317€5,618▲ 30.1%
Other amounts payable47/48---€417,000€417,000=
Accrued charges and deferred income492/3---€25,565€36,306▲ 42.0%
Line20182019202020212022Change
Profit (loss) for the period9904-€16,032-€27,134-€39,770-€38,083-€36,818▲ 3.3%
+ Depreciation and write-downs630€12,681€16,229€26,773€32,333€30,741▼ 4.9%
Operating cash flow (approximation)-€3,351-€10,905-€12,998-€5,750-€6,077▼ 5.7%
Investment in fixed assets (approximation)--€989,903-€179,673-€264,001€0▲ 100%
Change in cash-€327€36,607-€34,703-€3,036▲ 91.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
16-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 108 days late
12-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 285 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial Weakest financial yearnet -€39,770
Net result drops to -€39,770, the lowest in the series; recovery starts the following year.
29-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial Equity above €500,000Eq €791,514
Equity rises from -€55,047 to €791,514.
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
23-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
15-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evergem
exact location from the address register On OpenStreetMap
Ground area
1.1 ha
Building footprint
5,967 m²
Volume, LiDAR
62,261 m³
Parcel 44019B0621/00A000, Flanders · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44019B0621/00A000 Flanders 1.1 ha 1 · 5,967 m² 15.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Owners 1

Holdings 1

According to the 2021 annual accounts of ESCAPE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 3,293 companies in sector 93110 we hold annual accounts for 1,496. 952 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded27-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438730208
Also 9925:BE0438730208
Registered 04-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.