ESD
ActiveESD has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €253k and a net result of €46k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+77
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 11.71 against 4.52 in 2023; short-term debt: 7.6% and cash: 64.7% of total assets), and 7.6% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.4%
Return on assets
16.9%
Age of the figures
21 mo
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 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
29 d early
2022
18 d early
2021
32 d early
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€253k▲ 22.3%
2023 · €207k
2018: €72k
2019: €96k
2020: €170k
2021: €241k
2022: €218k
2023: €207k
2018 → 2024
Total assets
€273k▲ 7.6%
2023 · €254k
2018: €115k
2019: €157k
2020: €259k
2021: €302k
2022: €246k
2023: €254k
2018 → 2024
Net result
€46k
2023 · €-12k
2018: €22k
2019: €24k
2020: €74k
2021: €71k
2022: €-22k
2023: €-12k
2018 → 2024
Working capital
€222k▲ 33.2%
2023 · €167k
2018: €67k
2019: €93k
2020: €156k
2021: €237k
2022: €213k
2023: €167k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€170k-€241k▲ 41.9%€218k▼ 9.3%€207k▼ 5.4%€253k▲ 22.3%
Operating result€112k-€118k▲ 4.9%€34k▼ 71.3%€-3k€68k
Net result€74k-€71k▼ 3.3%€-22k€-12k▲ 47.1%€46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €68k after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273k
Fixed assets
€30k▼ 23.4%
Current assets
€243k▲ 13.4%
Equity and liabilities €273k
Equity
€253k▲ 22.3%
Debt
€21k▼ 56.3%
The debt ratio falls from 18.7% to 7.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2023 · €186
Cash flow
€55k▲
2023 · €-8k
Solvency
92.4%▲
2023 · 81.3%
Current ratio
11.71▲
2023 · 4.52
Quick ratio
11.71▲
2023 · 4.52
Debt / equity
0.08▼
2023 · 0.23
ROE
18.2%▲
2023 · -5.7%
ROA
16.9%▲
2023 · -4.6%
Interest coverage
6.21▲
2023 · 0.02
Debt
€21k▼
2023 · €47k
Debt ≤ 1 year
€21k▼
2023 · €47k
Income taxes
€10k▲
2023 · €238
Staff costs
€18k▼
2023 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€254k€273k▲
Fixed assets21/28€40k€30k▼
Tangible fixed assets22/27€40k€30k▼
Plant, machinery and equipment23€2k€760▼
Furniture and vehicles24€38k€30k▼
Current assets29/58€214k€243k▲
Amounts receivable within one year40/41€64k€66k▲
Trade receivables40€22k€18k▼
Other amounts receivable41€42k€48k▲
Cash at bank and in hand54/58€151k€177k▲
Deferred charges and accrued income490/1€0€22▲
Equity and liabilities
Total equity and liabilities10/49€254k€273k▲
Equity10/15€207k€253k▲
Contributions10/11€6k€6k=
Reserves13€122k€168k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€120k€166k▲
Profit (loss) carried forward14€78k€79k▲
Amounts payable17/49€47k€21k▼
Amounts payable within one year42/48€47k€21k▼
Trade debts44€39k€6k▼
Suppliers440/4€39k€6k▼
Taxes, remuneration and social security45€8k€15k▲
Taxes450/3€938€9k▲
Remuneration and social security454/9€7k€7k▼
Income statement
Code20232024
Non-recurring operating income76A€24k€0▼
Remuneration, social security and pensions62€36k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€9k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€42k€97k▲
Operating profit (loss)9901€-3k€68k▲
Financial income75/76B€5€17▲
Recurring financial income75€5€17▲
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€-12k€56k▲
Income taxes67/77€238€10k▲
Profit (loss) for the period9904€-12k€46k▲
Profit (loss) for the period to be appropriated9905€-12k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€125k▲
Profit (loss) brought forward from the previous period14P€90k€78k▼
Transfer to equity691/2-€46k
To other reserves6921-€46k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 11.71
Current ratio from 4.52 to 11.71; short-term debt falls from €47k to €21k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-22k ▼131%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €241k ▲41.9%
4 profitable years in a row build equity to €241k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €74k ▲207%
Net result €74k, the highest in the series.
31-12
Financial
Equity above €150kEq €170k ▲76.6%
3 profitable years in a row build equity to €170k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Fléron · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Combattants 654624 FléronGround area
1,160 m²
Building footprint
131 m²
Volume, LiDAR
894 m³
Parcel 62089B0678/00B000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ESD
since 20092.188.412.545
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62089B0678/00B000 | Wallonia | 1,160 m² | 1 · 131 m² | 8.7 m · 2 fl. |
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
Legal Entity Identifier
254900DYK3KHMXZISN44
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STEVAC
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P.S.H.
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STRATTON CONSULTING
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ELECTRO JABO
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,885 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43410Roofing work
43990Other specialised construction activities
43995Specialised construction activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.