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ESCO DRIVES

Active
Private limited companyfounded 200421 years activeAvenue Ernest Solvay 48, 1480 Tubize, BelgiumKBO/BCE: BE 0870.497.301
Summary

ESCO DRIVES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€477,702) and a net result of €175,658. Equity is shrinking by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 381 sector peers (NACE 28, fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28150Wholesale of other machinery and equipment NACE 46649
1 site
Size
€2.1mturnover 2025
Staff
3 FTE
Equity
-€477,702
Profit
€175,658
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Parent
ESCO FINANCIAL AND ENGINEERING COMPANY · 99.77%
Accounts 46 days early0 of 18 deeds read
Why 54Capped at 59: negative equity- Negative equity -€477,702- Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)+ Size: turnover €2.1m, 3 FTE, total assets €1.0m+ Founded in 2004Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 33% of its sector peers (NACE 28, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -45.9% of total assets
Liquidity 21-1
short-term debt 64.8% · cash 4.0%
Profitability 71+71
return on assets 16.9%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (978 companies)
Last 24 months 11-2024: 5.7% 12-2024: 5.7%● unchanged vs 11-2024 01-2025: 5.7%● unchanged vs 12-2024 02-2025: 5.8%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 5.7%▼ -0.1 percentage points vs 02-2025 04-2025: 5.7%● unchanged vs 03-2025 05-2025: 5.0%▼ -0.7 percentage points vs 04-2025 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 5.0%● unchanged vs 06-2025 08-2025: 5.0%● unchanged vs 07-2025 09-2025: 5.0%● unchanged vs 08-2025 10-2025: 5.0%● unchanged vs 09-2025 11-2025: 5.0%● unchanged vs 10-2025 12-2025: 5.0%● unchanged vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025 02-2026: 5.0%● unchanged vs 01-2026 03-2026: 5.0%● unchanged vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 5.0%● unchanged vs 04-2026 06-2026: 4.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%▼ -3.5 percentage points vs 06-2026lowest value 08-2026: 1.4%● unchanged vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity ample (current ratio 1.54 against 1.52 in 2024; short-term debt: 64.8% and cash: 4% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro): better than 4% on solvency, 14% on liquidity, 44% on profitability and 69% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€477,702
NBB · annual accounts
lowers risk · Size: turnover €2.1m, 3 FTE, total assets €1.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 381 sector peers (2025).
NBB · sector comparison
Position among 381 sector peers
Solvency
better than 5%
← weakest strongest →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
107 days early
2023
5 days early
2022
56 days early
2021
114 days late
2020
6 days late
2019
59 days early
← 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 22 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% 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 15 June (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Back to profitnet €175,658
  3. Annual accounts filedfiscal year 2024 · unclassified…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€477,702 View
  • Caution: Among the weakest 5% on solvencysector median 41.5% · 381 companies -45.9% View
  • Positive: Back in profit in 2025after -€487,806 in 2024 €175,658 View
  • Controlled by ESCO FINANCIAL AND ENGINEERING…known shareholders 99.77% 99.77% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€2.1m
Profit
€175,658
Solvency
-45.9%
Turnover▲ 7.9%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 26-07-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 05-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28150
Founded
10-12-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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