Skip to content

ESCULIMO

Active
Public limited companyfounded 1994active for 32 yearsChemin du Montquesnoy(Bou) 11, 7803 Ath, BelgiumKBO/BCE: BE 0452.433.239
Summary

ESCULIMO has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,103 and a net result of -€3,006. Equity is shrinking by about 6.6% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,006▲ 0.2%
2024 · -€3,012
Working capital
-€23,580▲ 4.0%
2024 · -€24,554
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,961 in 2025 against €2,967 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,961 2025 Net result-€3,006 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€4,886--€2,872▲ 41.2%-€3,205▼ 11.6%-€2,319▲ 27.6%-€3,018▼ 30.1%-€3,518▼ 16.5%-€2,967▲ 15.7%-€2,961▲ 0.2%
Net result-€4,990--€2,991▲ 40.1%-€3,327▼ 11.2%-€2,364▲ 28.9%-€3,063▼ 29.6%-€3,563▼ 16.3%-€3,012▲ 15.5%-€3,006▲ 0.2%
Equity€56,429-€53,438▼ 5.3%€50,111▼ 6.2%€47,746▼ 4.7%€44,683▼ 6.4%€41,120▼ 8.0%€38,108▼ 7.3%€35,103▼ 7.9%
Total assets€87,806-€82,903▼ 5.6%€78,700▼ 5.1%€74,695▼ 5.1%€70,716▼ 5.3%€66,761▼ 5.6%€62,755▼ 6.0%€58,780▼ 6.3%
Debt€31,377-€29,465▼ 6.1%€28,589▼ 3.0%€26,949▼ 5.7%€26,033▼ 3.4%€25,641▼ 1.5%€24,647▼ 3.9%€23,677▼ 3.9%
Working capital-€30,533--€29,334▲ 3.9%-€28,473▲ 2.9%-€26,857▲ 5.7%-€25,940▲ 3.4%-€25,523▲ 1.6%-€24,554▲ 3.8%-€23,580▲ 4.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58,780
Fixed assets €58,682 ▼ 6.4%
Current assets €98 ▲ 5.4%
Equity and liabilities €58,780
Equity €35,103 ▼ 7.9%
Debt €23,677 ▼ 3.9%
Debt's share of the balance-sheet total rises from 39.3% to 40.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,020▲
2024 · €1,014
Cash flow
€975▲
2024 · €969
Current ratio
0.00▲
2024 · 0.00
Debt to equity
0.67▲
2024 · 0.65
ROE
-8.6%▼
2024 · -7.9%
ROA
-5.1%▼
2024 · -4.8%
Interest coverage
22.66▲
2024 · 22.53
Debt ≤ 1 year
€23,677▼
2024 · €24,647
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 12,322 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€62,755€58,780▼
Fixed assets21/28€62,663€58,682▼
Tangible fixed assets22/27€62,663€58,682▼
Land and buildings22€62,663€58,682▼
Current assets29/58€93€98▲
Cash at bank and in hand54/58€93€98▲
Equity and liabilities
Total equity and liabilities10/49€62,755€58,780▼
Equity10/15€38,108€35,103▼
Contributions10/11€173,525€173,525=
Capital10€173,525€173,525=
Issued capital100€173,525€173,525=
Profit (loss) carried forward14-€135,417-€138,423▼
Amounts payable17/49€24,647€23,677▼
Amounts payable within one year42/48€24,647€23,677▼
Trade debts44-€333
Suppliers440/4-€333
Other amounts payable47/48€24,647€23,344▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,980€3,980=
Other operating charges640/8€1,547€1,457▼
Gross operating margin9900€2,561€2,477▼
Operating profit (loss)9901-€2,967-€2,961▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€3,012-€3,006▲
Profit (loss) for the period9904-€3,012-€3,006▲
Profit (loss) for the period to be appropriated9905-€3,012-€3,006▲
Appropriation of the result
Profit (loss) to be appropriated9906-€135,417-€138,423▼
Profit (loss) brought forward from the previous period14P-€132,405-€135,417▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,472€4,189€4,189€3,980€3,980€3,980€3,980€3,980=
Other operating charges640/8---€1,209€1,240€1,358€1,547€1,457▼ 5.8%
Gross operating margin9900€746€2,590€2,229€2,870€2,201€1,820€2,561€2,477▼ 3.3%
Operating profit (loss)9901-€4,886-€2,872-€3,205-€2,319-€3,018-€3,518-€2,967-€2,961▲ 0.2%
Financial charges65/66B---€45€45€45€45€45=
Recurring financial charges65€104€119€122€45€45€45€45€45=
Profit (loss) for the period before taxes9903-€4,990-€2,991-€3,327-€2,364-€3,063-€3,563-€3,012-€3,006▲ 0.2%
Profit (loss) for the period9904-€4,990-€2,991-€3,327-€2,364-€3,063-€3,563-€3,012-€3,006▲ 0.2%
Profit (loss) for the period to be appropriated9905-€4,990-€2,991-€3,327-€2,364-€3,063-€3,563-€3,012-€3,006▲ 0.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€87,806€82,903€78,700€74,695€70,716€66,761€62,755€58,780▼ 6.3%
Fixed assets21/28€86,962€82,773€78,583€74,603€70,623€66,643€62,663€58,682▼ 6.4%
Tangible fixed assets22/27€86,962€82,773€78,583€74,603€70,623€66,643€62,663€58,682▼ 6.4%
Land and buildings22---€74,603€70,623€66,643€62,663€58,682▼ 6.4%
Current assets29/58€844€131€117€92€93€118€93€98▲ 5.4%
Amounts receivable within one year40/41-----€40---
Trade receivables40-----€40---
Cash at bank and in hand54/58€844€131€117€92€93€78€93€98▲ 5.4%
Equity and liabilities
Total equity and liabilities10/49€87,806€82,903€78,700€74,695€70,716€66,761€62,755€58,780▼ 6.3%
Equity10/15€56,429€53,438€50,111€47,746€44,683€41,120€38,108€35,103▼ 7.9%
Contributions10/11€173,525€173,525€173,525€173,525€173,525€173,525€173,525€173,525=
Capital10---€173,525€173,525€173,525€173,525€173,525=
Issued capital100---€173,525€173,525€173,525€173,525€173,525=
Profit (loss) carried forward14-€117,096-€120,087-€123,415-€125,779-€128,843-€132,405-€135,417-€138,423▼ 2.2%
Amounts payable17/49€31,377€29,465€28,589€26,949€26,033€25,641€24,647€23,677▼ 3.9%
Amounts payable within one year42/48€31,377€29,465€28,589€26,949€26,033€25,641€24,647€23,677▼ 3.9%
Trade debts44-------€333-
Suppliers440/4-------€333-
Other amounts payable47/48---€26,949€26,033€25,641€24,647€23,344▼ 5.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€4,990-€2,991-€3,327-€2,364-€3,063-€3,563-€3,012-€3,006▲ 0.2%
+ Depreciation and write-downs630€4,472€4,189€4,189€3,980€3,980€3,980€3,980€3,980=
Operating cash flow (approximation)-€518€1,198€862€1,616€917€417€969€975▲ 0.6%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€713-€14-€25€1-€15€14€5▼ 64.9%

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

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-06-2026 2026-00200143
31-12-2024 micro format 22-07-2025 2025-00311541
31-12-2023 micro format 29-06-2024 2024-00220274
31-12-2022 micro format 26-06-2023 2023-00164975
31-12-2021 micro format 15-06-2022 2022-20078777
31-12-2020 full format 27-08-2021 2021-55500113
31-12-2019 full format 02-06-2020 2020-15300374
31-12-2018 full format 24-06-2019 2019-21400272
31-12-2017 full format 31-05-2018 2018-15100226
31-12-2016 full format 02-06-2017 2017-14500024

Show all 32 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.