Checked.be
Active
BE 0864.959.985Private limited company
ESCON
Oude Heerweg(Hak) 149 ·3300 Tienen, Belgium· 22 yrs active
Sector: Other legal services
(69109)
Conclusion
ESCON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €753k and a net result of €66k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 70% of 3176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €753k |
| Net result | €66k |
| Better than sector | 70% |
| Active | 22 yrs |
Financial profile
76
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
83
Profitability
44
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2004, 22 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
83
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€65k
estimate, not credit advice
Score history
85
2021
93
2022
86
2023
100
2024
83
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.35 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.35 (≥ 1.0)
+5
Leverage
Debt/equity 0.49 (< 1.0)
+10
Profitability
ROE 9%
+3
Interest coverage
Interest coverage 17.5× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-10-2025 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
At this pace, net result would indicatively turn negative around fiscal year 2028, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 69, Legal and accounting activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 66.9% | 44.7% | |
| Net result | €66k | €98k | |
| Equity | €753k | €279k | |
| Gross operating margin | €148k | €331k | |
| Total assets | €1.13M | €991k |
€144k
-31.6%
21-25
€66k
-41.6%
21-25
€101k
-32.2%
21-25
€1.13M
-0.8%
21-25
€753k
-3.5%
21-25
€250k
-13.6%
21-25
€35k
-37.4%
21-25
€94k
-
21-25
€373k
+5.2%
21-25
€185k
+54.6%
21-25
€185k
-19.7%
21-25
2.35
-31.2%
21-25
2.35
-31.2%
21-25
66.9%
-2.7%
21-25
0.49
+8.9%
21-25
8.8%
-39.5%
21-25
5.9%
-41.1%
21-25
17.47
-55.2%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €144k | €211k | €114k | €211k | €386k |
| Net profit | €66k | €114k | €56k | €93k | €207k |
| Cash flow | €101k | €150k | €87k | €152k | €258k |
| Staff costs | - | - | - | - | - |
| Income taxes | €35k | €56k | €25k | €56k | €121k |
| Dividends | €94k | - | - | - | - |
| Total assets | €1.13M | €1.13M | €870k | €836k | €616k |
| Equity | €753k | €780k | €667k | €610k | €518k |
| Debt | €373k | €354k | €203k | €226k | €98k |
| of which ≤ 1y | €185k | €119k | €82k | €88k | €81k |
| of which > 1y | €185k | €231k | €118k | €132k | €14k |
| Working capital | €250k | €289k | €289k | €161k | €122k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.35 | 3.42 | 4.54 | 2.83 | 2.51 |
| Quick ratio | 2.35 | 3.42 | 4.54 | 2.83 | 2.51 |
| Working capital ratio | 22.2% | 25.4% | 33.3% | 19.3% | 19.8% |
| Solvency | 66.9% | 68.8% | 76.7% | 73.0% | 84.0% |
| Debt / equity | 0.49 | 0.45 | 0.30 | 0.37 | 0.03 |
| Long-term debt ratio | 0.25 | 0.30 | 0.18 | 0.22 | 0.03 |
| Interest coverage | 17.47 | 38.98 | 36.50 | 69.71 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 5.9% | 10.0% | 6.5% | 11.1% | 33.6% |
| ROE | 8.8% | 14.6% | 8.5% | 15.2% | 40.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.13M | €1.13M | €870k | €836k | €616k |
| Fixed assets | 21/28 | €692k | €727k | €499k | €587k | €413k |
| Tangible fixed assets | 22/27 | €402k | €437k | €209k | €294k | €120k |
| Financial fixed assets | 28 | €289k | €289k | €289k | €293k | €293k |
| Current assets | 29/58 | €434k | €408k | €371k | €249k | €203k |
| Amounts receivable within one year | 40/41 | €96k | €15k | €185k | €145k | €107k |
| Cash & bank | 54/58 | €333k | €389k | €185k | €103k | €94k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.13M | €1.13M | €870k | €836k | €616k |
| Equity | 10/15 | €753k | €780k | €667k | €610k | €518k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | - |
| Reserves | 13 | €735k | €762k | €648k | €592k | €499k |
| Amounts payable | 17/49 | €373k | €354k | €203k | €226k | €98k |
| Amounts payable after one year | 17 | €185k | €231k | €118k | €132k | €14k |
| Amounts payable within one year | 42/48 | €185k | €119k | €82k | €88k | €81k |
| Trade debts payable within one year | 44 | €4k | €5k | €2k | €2k | €8k |
| Income statement | ||||||
| Gross operating margin | 9900 | €148k | €214k | €117k | €215k | €392k |
| Operating result | 9901 | €109k | €175k | €84k | €152k | €335k |
| Financial income | 75 | €264 | €0 | €0 | - | - |
| Financial charges | 65 | €8k | €5k | €3k | €3k | €7k |
| Result before taxes | 9903 | €101k | €169k | €81k | €149k | €328k |
| Income taxes | 67/77 | €35k | €56k | €25k | €56k | €121k |
| Net result for the period | 9904 | €66k | €114k | €56k | €93k | €207k |
| Result to be appropriated | 9905 | €66k | €114k | €56k | €93k | €207k |
Legal Structure
| NACE primary | Other legal services(69109) |
| Legal form | Private limited company(610) |
| Incorporation | 27-04-2004 |
| Status | Active |
| Postal code | 3300 |
Establishment units
REC
since 20042.137.056.389
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24035D0009/00G000 | Flanders | 3,855 m² | 1 · 291 m² | 4.9 m · 1 fl. |
| 24024A0058/00N000 | Flanders | 1,391 m² | 1 · 93 m² | 7.5 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €56k ▼39.2%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Other legal services69109Holdings64200Activities of holding companies64210Activities of head offices70100Business and other management consultancy70200Business consulting70220Activities of building architects71111Engineering and related technical consultancy, excluding land surveyors71121741427415174152Photography, excluding press photography7420174203
Names & trade names
| Legal nameNL | ESCON |
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