Esdacon
Esdacon is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.44M and a net result of €358k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1216 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3.44M |
| Net result | €358k |
| Better than sector | 95% |
| Active | 16 yrs |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.0% | 47.1% | |
| Net result | €358k | €43k | |
| Equity | €3.44M | €85k | |
| Gross operating margin | €391k | €70k | |
| Total assets | €3.51M | €211k |
Show 2 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €358k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €133k |
| Dividends | €500k |
| Total assets | €3.51M |
| Equity | €3.44M |
| Debt | €70k |
| of which ≤ 1y | €70k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 98.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 10.2% |
| ROE | 10.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.51M |
| Fixed assets | 21/28 | €1.06M |
| Financial fixed assets | 28 | €1.06M |
| Current assets | 29/58 | €2.45M |
| Amounts receivable within one year | 40/41 | €86k |
| Investments | 50/53 | €2.10M |
| Cash & bank | 54/58 | €253k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.51M |
| Equity | 10/15 | €3.44M |
| Contributions / capital | 10/11 | €216k |
| Reserves | 13 | €3.20M |
| Accumulated profits (losses) | 14 | €18k |
| Amounts payable | 17/49 | €70k |
| Amounts payable within one year | 42/48 | €70k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €391k |
| Operating result | 9901 | €390k |
| Financial income | 75 | €103k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €490k |
| Income taxes | 67/77 | €133k |
| Net result for the period | 9904 | €358k |
| Result to be appropriated | 9905 | €358k |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 28-04-2010 |
| Status | Active |
| Postal code | 3920 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C0118/00Y004 | Flanders | 841 m² | 1 · 114 m² | 9.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
11-08-2026 Act object · Notarial deed · General meeting · Merger
- Act object: MET FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING (art. 12:7, 1° juncto artn. 12:50 tot en met 12:58 WVV) tussen CEGEKA NV (overgenomen vennootschap) en CEGEKA GROEP NV (overnemende vennootschap) · CEGEKA
- Publication: 11/08/2026 · CEGEKA
- Filing: 03/08/2026 · CEGEKA
- Notarial deed: 30/07/2026 · CEGEKA
- General meeting: 30/07/2026 · CEGEKA
- Merger: effective_date: 01/08/2026, accounting_effect_date: 01/01/2026 · CEGEKA GROEP
- Dissolution: date: 2026-08-01, type: zonder vereffening · CEGEKA
- Accounting effect: 01/01/2026 · CEGEKA
- Share cancellation: aandelen in de overgenomen vennootschap ingetrokken · CEGEKA
- Officer resignation: date: 2026-08-01, role: bestuurder · AS Invest
- Officer resignation: date: 2026-08-01, role: bestuurder · Esdacon
- Officer resignation: date: 2026-08-01, role: bestuurder · TOVI
- Permanent representative · KNAEPEN André Hubert
- Permanent representative · DAEMS Stephan Frank Andre
- Permanent representative · KNAEPEN Tom
- Power of attorney: bijzondere volmacht ... formaliteiten ten opzichte van de administratie van de btw, de inschrijving bij de Kruispuntbank van Ondernemingen ... UBO-register · BERKMANS Nick
- Real estate: description: Gebouwencomplex (4 kantoorgebouwen) en grond, Hasselt, Universiteitslaan 9, sectie C 1180/M/P0000, 1180/R/P0000, 1180/N/P0000, 1180/L/P0000, 1139/N/P0000 · CEGEKA
- Real estate: description: Recht van opstal windturbines, Tessenderlo, Kanaalweg (Lot 1), sectie C 0049/V/2/P0000 · CEGEKA
- Real estate: description: Recht van opstal windturbines, Tessenderlo, Kanaalweg (Lot 2), sectie C 0049/W/2/P0000 · CEGEKA
Technical details
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}07-08-2026 Act object · General meeting · Board meeting · Officer resignation
- Act object: Démissions et nominations d'administrateurs · NSI IT Software & Services
- Publication: 07/08/2026 · NSI IT Software & Services
- Filing: 22/07/2026 · NSI IT Software & Services
- General meeting: 28/05/2026 · NSI IT Software & Services
- Board meeting: 25/06/2025 · NSI IT Software & Services
- Officer resignation: date: 2025-06-17, role: Administrateur de classe A · Stijn BIJNENS
- Permanent representative · Stijn BIJNENS
- Officer appointment: role: Administrateur de classe A, start_date: 2025-06-25 · Bart WATTEEUW
- Permanent representative · Bart WATTEEUW
- Board meeting: 13/05/2026 · NSI IT Software & Services
- Officer resignation: date: 2026-05-11, role: Administrateur de classe A · Gaëtan WILLEMS
- Permanent representative · Gaëtan WILLEMS
- Officer appointment: role: Administrateur de classe A, start_date: 2026-05-13 · Koen DERYCKERE
- Permanent representative · Koen DERYCKERE
- Permanent representative · André KNAEPEN
- Permanent representative · Stephan DAEMS
- Permanent representative · Gaëtan SERVAIS
- Permanent representative · Yvan ABSIL
- Permanent representative · Manuel PALLAGE
- Officer appointment: role: Administrateur-Délégué · Manuel PALLAGE
Technical details
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- Officer resignation: role: bestuurder · Citymesh Air
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- Filing: 18/11/2025 · Citymesh Integrator
- General meeting: 07/07/2025 · Citymesh Integrator
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- Board meeting: 2025-06-25 · NSI IT Software & Services
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- Publication: 2023-05-19 · NSI IT Software & Services
- Board meeting: 2023-02-16 · NSI IT Software & Services
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}26-05-2021 Act object · Notarial deed · General meeting · Statute amendment
- Act object: DEMISSIONS, NOMINATIONS, STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS), DIVERS · NSI IT Software & Services
- Publication: 2021-05-26 · NSI IT Software & Services
- Filing: 2021-05-21 · NSI IT Software & Services
- Notarial deed: 2021-05-21 · NSI IT Software & Services
- General meeting: 2021-05-21 · NSI IT Software & Services
- Statute amendment: Modification de l'article 13 des statuts pour ajouter au moins un administrateur indépendant · NSI IT Software & Services
- Officer reappointment: role: administrateur, term: 6 ans · TECHNOLOGY INFORMATION BELGIUM
- Officer reappointment: role: administrateur, term: 6 ans · SOFIN BBA
- Officer reappointment: role: administrateur, term: 6 ans · ESDACON BBA
- Officer reappointment: role: administrateur, term: 6 ans · ID & D nv
- Officer reappointment: role: administrateur, term: 6 ans · NOSHAQ sa
- Officer reappointment: role: administrateur, term: 6 ans · NOSHAQ PARTNERS sc
- Officer appointment: role: administrateur indépendant, term: 6 ans · TRAFALGAR CONSULTING
- Permanent representative · Manuel PALLAGE
- Board composition: role: administrateur de classe A, as_of: 2021-05-21 · TECHNOLOGY INFORMATION BELGIUM
- Permanent representative · Jean-Louis RAMPEN
- Board composition: role: administrateur de classe A, as_of: 2021-05-21 · SOFIN BBA
- Permanent representative · André KNAEPEN
- Board composition: role: administrateur de classe A, as_of: 2021-05-21 · ESDACON BBA
- Permanent representative · Stephan DAEMS
- Board composition: role: administrateur de classe A, as_of: 2021-05-21 · ID & D nv
- Permanent representative · Stijn Bijnens
- Board composition: role: administrateur de classe B, as_of: 2021-05-21 · NOSHAQ sa
- Permanent representative · Gaëtan SERVAIS
- Board composition: role: administrateur de classe B, as_of: 2021-05-21 · NOSHAQ PARTNERS sc
- Permanent representative · Freddy MEURS
- Board composition: role: administrateur indépendant, as_of: 2021-05-21 · TRAFALGAR CONSULTING
- Permanent representative · Manuel PALLAGE
- Officer appointment: role: Président exécutif du Conseil d'administration · TECHNOLOGY INFORMATION BELGIUM
- Officer appointment: role: Administrateur-délégué · TRAFALGAR CONSULTING
- Auditor reappointment: term: 3 ans, end_date: 2023-12-31, remuneration: 23.460 € · EY Réviseurs d'entreprises
- Power of attorney: représenter EY et exercer le mandat de commissaire · Marie-Laure Moureau
- Power of attorney: exécution des résolutions · Jean-Louis RAMPEN
- Filing representative: coordonner les statuts et établir la liste des publications · Anne MICHEL
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}15-02-2019 Act object · General meeting · Officer resignation · Officer appointment
- Act object: Démission - Nomination d'Administrateurs · NSI IT SOFTWARE & SERVICES
- Publication: 2019-02-15 · NSI IT SOFTWARE & SERVICES
- Filing: 2019-02-05 · NSI IT SOFTWARE & SERVICES
- General meeting: 2018-08-27 · NSI IT SOFTWARE & SERVICES
- Officer resignation: role: Administrateur · André KNAEPEN
- Officer resignation: role: Administrateur · Stephan DAEMS
- Officer appointment: role: Administrateur, term: jusqu'à l'Assemblée Générale Ordinaire de 2021, start_date: 2018-08-27 · Sofin BVBA
- Officer appointment: role: Président du Conseil d'Administration, term: jusqu'à l'Assemblée Générale Ordinaire de 2021, start_date: 2018-08-27 · Sofin BVBA
- Officer appointment: role: Administrateur, term: jusqu'à l'Assemblée Générale Ordinaire de 2021, start_date: 2018-08-27 · Esdacon BVBA
- Officer appointment: role: Administrateur, term: jusqu'à l'Assemblée Générale Ordinaire de 2021, start_date: 2018-08-27 · ID & D nv
- Officer resignation: role: Administrateur, end_date: 2018-03-21 · Marc de Groote
- Permanent representative · André KNAEPEN
- Permanent representative · Stephan DAEMS
- Permanent representative · Stijn BIJNENS
- Board composition: role: Administrateur, Président du Conseil d'Administration, as_of: 2018-08-27 · Sofin BVBA
- Board composition: role: Administrateur, as_of: 2018-08-27 · Esdacon BVBA
- Board composition: role: Administrateur, as_of: 2018-08-27 · ID & D nv
- Board composition: role: Administrateur Délégué, as_of: 2018-08-27 · TECHNOLOGY INFORMATION BELGIUM
- Board composition: role: Administrateur, as_of: 2018-08-27 · MEUSINVEST sa
- Board composition: role: Administrateur, as_of: 2018-08-27 · INVESTPARTNER sc scrl
- Permanent representative · Jean-Louis RAMPEN
- Permanent representative · Gaëtan SERVAIS
- Permanent representative · Freddy MEURS
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}| Legal nameNL | Esdacon |