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ESDAL

Active
Private limited companyfounded 2013active for 13 yearsSantvoortbeeklaan 25, 2100 Antwerpen, BelgiumKBO/BCE: BE 0534.686.566
Summary

ESDAL has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €160,670 and a net result of -€145,535. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 36% of 105 sector peers (NACE 92, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Gambling and betting activities
NACE 92000
4 sites
Size
€390,216total assets 2024
Staff
5 FTE
Equity
€160,670
Loss
-€145,535
Turnover not published (micro format)
Financial health
64 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts 71 days overdue0 of 10 deeds read
Why 64raises riskFigures for financial year 2024 (filed 08-08-2025)Loss of €145,535, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; latest accounts 8 days late; 2 of the last 3 latelowers riskLiquidity: current ratio 1.75, cash €247,919Show the evidence

Checked score

Score 2024
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 30% of its sector peers (NACE 92, micro)
Financial strength · tick = 2023
Average
Solvency 66-1
equity 41.2% of total assets
Liquidity 71+28
short-term debt 55.8% · cash 63.5%
Profitability 0-13
return on assets -37.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (218 companies, NACE 92, micro)
Last 24 months 11-2024: 1.4% 12-2024: 2.0%▲ +0.6 percentage points vs 11-2024highest value 01-2025: 1.5%▼ -0.5 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.6%▲ +0.1 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.7%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%▼ -0.8 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 0.7%▼ -0.5 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026lowest value 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.4 percentage points vs 09-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.75, compared with 1.78 in 2023; short-term debt: 55.8% and cash: 63.5% of total assets), but 58.8% of the assets are financed with debt.
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 (NACE 92, micro): better than 29% on solvency, 72% on liquidity, 8% on profitability and 9% on growth.

The bankruptcy probability was computed on 09-10-2026 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
raises risk · Figures for financial year 2024 (filed 08-08-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.75, cash €247,919
NBB · annual accounts
raises risk · Loss of €145,535, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 8 days late; 2 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€145,535
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 days late
2023
124 days late
2022
32 days late
2021
9 days late
2020
108 days late
2019
167 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 75 days after the deadline; the sector median (NACE 92) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€145,535
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Result fell in 2024from -€34,578 to -€145,535 ▼ 321% View
  • Caution: Among the weakest 5% on net resultsector median €9,258 · 104 companies -€145,535 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€145,535 View

By topic

Financials

Financial year
2024
Total assets
€390,216
Loss
-€145,535
Solvency
41.2%
Total assets▼ 44.5%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2015
  1. 01-09-2023Annual accounts filed
  2. 09-08-2022Annual accounts filed
  3. 16-11-2021Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Gambling and betting activitiesNACE 92000
Founded
24-05-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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