ESCAVIR
ActiveSummary
ESCAVIR has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-30k) and a net result of €-50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-61
Solvency9▼-26
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.56 in 2023; short-term debt: 81.1% and cash: 20.7% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-15.6%
Return on assets
-25.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-30k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
33 d early
2022
34 d early
2021
31 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-30k
2023 · €22k
2018: €26k
2019: €43k
2020: €57k
2021: €85k
2022: €35k
2023: €22k
2018 → 2024
Total assets
€194k▼ 15.6%
2023 · €230k
2018: €141k
2019: €143k
2020: €235k
2021: €243k
2022: €268k
2023: €230k
2018 → 2024
Net result
€-50k▼ 443%
2023 · €-9k
2018: €26k
2019: €12k
2020: €15k
2021: €22k
2022: €-58k
2023: €-9k
2018 → 2024
Working capital
€-90k▼ 78.7%
2023 · €-50k
2018: €-10k
2019: €2k
2020: €31k
2021: €-681
2022: €-37k
2023: €-50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€57k-€85k▲ 48.9%€35k▼ 58.6%€22k▼ 36.5%€-30k
Operating result€21k-€21k▼ 3.1%€-58k€-7k▲ 87.3%€-47k▼ 540%
Net result€15k-€22k▲ 47.8%€-58k€-9k▲ 84.1%€-50k▼ 443%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2024 against €7k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €194k
Fixed assets
€127k ▼ 23.8%
Current assets
€67k ▲ 5.9%
Key figures and ratios
EBITDA
€-15k▼
2023 · €32k
Cash flow
€-18k▼
2023 · €30k
Solvency
-15.6%▼
2023 · 9.7%
Current ratio
0.43▼
2023 · 0.56
Quick ratio
0.34▼
2023 · 0.38
Debt to equity
-7.39▼
2023 · 9.31
ROA
-25.9%▼
2023 · -4.0%
Interest coverage
-2.56▼
2023 · 5.66
Debt
€224k▲
2023 · €207k
Debt ≤ 1 year
€157k▲
2023 · €114k
Debt > 1 year
€67k▼
2023 · €93k
Staff costs
€174k▲
2023 · €154k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€230k€194k▼
Fixed assets21/28€166k€127k▼
Tangible fixed assets22/27€166k€126k▼
Land and buildings22€130k€113k▼
Plant, machinery and equipment23€23k€13k▼
Furniture and vehicles24€12k€380▼
Financial fixed assets28€620€620=
Current assets29/58€63k€67k▲
Stocks and contracts in progress3€20k€13k▼
Stocks30/36€20k€13k▼
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€12k€9k▼
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€28k€40k▲
Deferred charges and accrued income490/1€929€416▼
Equity and liabilities
Total equity and liabilities10/49€230k€194k▼
Equity10/15€22k€-30k▼
Contributions10/11€19k€19k=
Reserves13€49k€49k=
Distributable reserves133€49k€49k=
Profit (loss) carried forward14€-59k€-110k▼
Investment grants15€14k€11k▼
Amounts payable17/49€207k€224k▲
Amounts payable after more than one year17€93k€67k▼
Financial debts170/4€93k€67k▼
Amounts payable within one year42/48€114k€157k▲
Current portion of amounts payable after more than one year42€40k€30k▼
Trade debts44€46k€52k▲
Suppliers440/4€46k€52k▲
Taxes, remuneration and social security45€27k€40k▲
Taxes450/3€6k€11k▲
Remuneration and social security454/9€21k€29k▲
Other amounts payable47/48€270€36k▲
Accrued charges and deferred income492/3€193-
Income statement
Code20232024
Remuneration, social security and pensions62€154k€174k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€32k▼
Other operating charges640/8€255€196▼
Non-recurring operating charges66A-€7k
Gross operating margin9900€186k€167k▼
Operating profit (loss)9901€-7k€-47k▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-9k€-50k▼
Income taxes67/77€-107-
Profit (loss) for the period9904€-9k€-50k▼
Profit (loss) for the period to be appropriated9905€-9k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-110k▼
Profit (loss) brought forward from the previous period14P€-50k€-59k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Viroinval · 1 establishment unit since 2002
Ground area
500 m²
Building footprint
184 m²
Parcel 93050C0010/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Jean-Chot, Olloy 35, 5670 Viroinval
since 20022.094.724.502
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93050C0010/00R000 | Wallonia | 500 m² | 1 · 184 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteViroinval2.094.724.502
Similar companies · same sector, comparable size
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DUMONT - SOREL
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PÂTISSERIE PIOT
BE 0548.675.352
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WooEl
BE 0728.654.595
Ternat · Eq €22,109
Of 2,404 companies in sector 47241 we hold annual accounts for 1,100. 856 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
10200Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
47279Other retail sale of food
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.