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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).

Overview

Activity
Activity not known1 site
Size
≈ €17,000turnover 2025, estimated
Equity
€35,103
Loss
-€3,006
Turnover estimated from the gross margin
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 37 days early1 of 4 deeds summarised
Why 84raises riskLoss of €3,006, the second in a row (financial year 2025)Liquidity: current ratio 0.00, cash €98lowers riskSize: total assets €58,780Founded in 1994Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 85-1
equity 59.7% of total assets
Liquidity 31-1
short-term debt 40.3% · cash 0.2%
Profitability 62-1
return on assets -5.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.0, compared with 0.0 in 2024, below 1; short-term debt: 40.3% and cash: 0.2% of total assets), and 40.3% of the assets are financed with debt and provisions.
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 (no NACE code, micro): better than 51% on solvency, 17% on liquidity, 41% on profitability and 27% on growth.

The bankruptcy probability was computed on 29-10-2026 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 riskraises riskneutral
lowers risk · Size: total assets €58,780
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €3,006, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €98
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,006
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
9 days early
2023
32 days early
2022
35 days early
2021
46 days early
2020
27 days late
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Reappointment: Jean CARTON (director)Appointments: HAUTCOEUR Brice (director) and…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, abbreviated format

Turnover
≈ €17,000
Estimated: probably between €7,000 and €41,000
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%
The turnover shown is an estimate from the gross margin.
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 497,445 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% 0.9%
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.

Directors

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26022555). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 3

HAUTCOEUR Brice
Director · since 28-12-2023
Current
HAUTCOEUR Jean-Philippe
Director · since 28-12-2023
Current
Jean CARTON
Director · since 28-12-2023
Current

Day-to-day management 1

HAUTCOEUR Jean-Philippe
Administrateur délègué · since 13-02-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2023, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
HAUTCOEUR Brice
  • Director, from 28-12-2023 to date
HAUTCOEUR Jean-Philippe
  • Director, from 28-12-2023 to date
  • Administrateur délègué, from 13-02-2026 to date
Jean CARTON
  • Director, since before 28-12-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

ESCULIMO was incorporated on 8 April 1994.1 Total assets fell from €87,806 in 2018 to €58,780 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
13-02
Gazette deed Reappointment: Jean CARTON (director)
Appointments: HAUTCOEUR Brice (director) and HAUTCOEUR Jean-Philippe (director)5 facts ▸
  • General meeting, 28-12-2023
  • Director reappointment, Jean CARTON (director)
  • Director appointment, HAUTCOEUR Brice (director)
  • Director appointment, HAUTCOEUR Jean-Philippe (director)
  • Director appointment, HAUTCOEUR Jean-Philippe (administrateur délègué)
2025
22-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
29-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
26-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
15-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
27-08
NBB filing Annual accounts filed
financial year 2020 · full format · 27 days late
2020
02-06
NBB filing Annual accounts filed
financial year 2019 · full format
2019
24-06
NBB filing Annual accounts filed
financial year 2018 · full format
2018
31-05
NBB filing Annual accounts filed
financial year 2017 · full format
2017
02-06
NBB filing Annual accounts filed
financial year 2016 · full format
Gazette deedNBB filingOf the 32 annual accounts filed, the latest 10 are here; all 32 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded08-04-1994
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 1994
registered office establishment The establishment unit on the map
Ground area
2,038 m²
Building footprint
186 m²
Parcel 51011A0481/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ESCULIMO SA
Chemin du Montquesnoy(Bou) 11, 7803 AthRenting and operating of own or leased residential real estate, excluding social housing
since 1994unit no. 2.067.067.030
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
51011A0481/00G000 Wallonia 2,038 m² 1 · 186 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.