ESEFIN
ActiveSummary
The computed 12-month bankruptcy probability of ESEFIN is 2.0% (moderate). The 2025 annual accounts show equity of €260,498 and a net result of €159,305. Equity is growing by ~57.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 3770 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+39
Solvency68▲+26
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 0.96 in 2024; short-term debt: 57.5% and cash: 8.6% of total assets), and 57.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
42.5%
Return on assets
26%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
14 d early
2023
161 d late
2022
94 d late
2021
458 d late
2020
217 d late
2019
148 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 151 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€159,305
2024 · -€33,863
Working capital
€127,743
2024 · -€13,153
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,310▲ 20.1%€109,547▲ 186%€95,529▼ 12.8%€102,115▲ 6.9%€176,213▲ 72.6%
Net result€33,894above the sector's middle half▲ 58.7%€106,725above the sector's middle half▲ 215%€92,280above the sector's middle half▼ 13.5%-€33,863below the sector's middle half€159,305above the sector's middle half
Equity-€64,151below the sector's middle half▲ 34.6%€42,575within the sector's middle half€135,057above the sector's middle half▲ 217%€101,194within the sector's middle half▼ 25.1%€260,498within the sector's middle half▲ 157%
Total assets€164,601within the sector's middle half▲ 25.7%€363,209within the sector's middle half▲ 121%€411,719above the sector's middle half▲ 13.4%€581,727within the sector's middle half▲ 41.3%€612,665within the sector's middle half▲ 5.3%
Debt€228,752▼ 0.1%€320,634▲ 40.2%€276,662▼ 13.7%€480,532▲ 73.7%€352,167▼ 26.7%
Working capital-€36,359below the sector's middle half▼ 13.7%€139,717above the sector's middle half€128,135above the sector's middle half▼ 8.3%-€13,153within the sector's middle half€127,743above the sector's middle half
Solvency-39.0%below the sector's middle half▲ 35.9pp11.7%within the sector's middle half▲ 50.7pp32.8%within the sector's middle half▲ 21.1pp17.4%within the sector's middle half▼ 15.4pp42.5%within the sector's middle half▲ 25.1pp
Current ratio0.69within the sector's middle half▲ 0.061.98above the sector's middle half▲ 1.291.66within the sector's middle half▼ 0.320.96within the sector's middle half▼ 0.691.36within the sector's middle half▲ 0.40
Return on assets (ROA)20.6%within the sector's middle half▲ 4.3pp29.4%above the sector's middle half▲ 8.8pp22.4%above the sector's middle half▼ 7.0pp-5.8%below the sector's middle half▼ 28.2pp26.0%above the sector's middle half▲ 31.8pp
Staff (FTE)8.3within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €612,665
Fixed assets
€132,754 ▼ 44.3%
Current assets
€479,910 ▲ 39.8%
Equity and liabilities €612,665
Equity
€260,498 ▲ 157%
Debt
€352,167 ▼ 26.7%
Debt's share of the balance-sheet total falls from 82.6% to 57.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€226,398▲
2024 · €158,703
Cash flow
€209,489▲
2024 · €22,726
Quick ratio
1.32▲
2024 · 0.90
Debt to equity
1.35▼
2024 · 4.75
ROE
61.2%▲
2024 · -33.5%
Interest coverage
28.14▲
2024 · 12.79
Debt ≤ 1 year
€352,167▼
2024 · €356,349
Income taxes
€8,864▼
2024 · €123,576
Staff costs
€64,690▲
2024 · €60,091
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 20,134 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,194 | €6,183 | ▲ 93.6% |
| Remuneration, social security and pensions62 | €12,663 | €23,986 | €36,033 | €60,091 | €64,690 | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,937 | €25,784 | €32,665 | €56,588 | €50,185 | ▼ 11.3% |
| Other operating charges640/8 | €720 | €12,234 | €8,280 | €6,194 | €36,689 | ▲ 492% |
| Non-recurring operating charges66A | €19,699 | €81,818 | €2,000 | - | €21,444 | - |
| Gross operating margin9900 | €89,328 | €253,369 | €174,507 | €224,988 | €349,221 | ▲ 55.2% |
| Operating profit (loss)9901 | €38,310 | €109,547 | €95,529 | €102,115 | €176,213 | ▲ 72.6% |
| Financial income75/76B | €0 | - | €139 | €5 | - | - |
| Recurring financial income75 | €0 | - | €139 | €5 | - | - |
| Financial charges65/66B | €4,416 | €2,821 | €3,388 | €12,407 | €8,044 | ▼ 35.2% |
| Recurring financial charges65 | €4,416 | €2,821 | €3,388 | €12,407 | €8,044 | ▼ 35.2% |
| Profit (loss) for the period before taxes9903 | €33,894 | €106,725 | €92,280 | €89,713 | €168,169 | ▲ 87.5% |
| Income taxes67/77 | - | - | - | €123,576 | €8,864 | ▼ 92.8% |
| Profit (loss) for the period9904 | €33,894 | €106,725 | €92,280 | -€33,863 | €159,305 | ▲ 570% |
| Profit (loss) for the period to be appropriated9905 | €33,894 | €106,725 | €92,280 | -€33,863 | €159,305 | ▲ 570% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €164,601 | €363,209 | €411,719 | €581,727 | €612,665 | ▲ 5.3% |
| Fixed assets21/28 | €85,154 | €80,584 | €88,172 | €238,531 | €132,754 | ▼ 44.3% |
| Tangible fixed assets22/27 | €85,004 | €80,434 | €85,565 | €235,924 | €130,147 | ▼ 44.8% |
| Plant, machinery and equipment23 | €934 | €16,320 | €23,025 | €15,887 | €10,425 | ▼ 34.4% |
| Furniture and vehicles24 | €64,186 | €49,967 | €41,402 | €151,501 | €82,856 | ▼ 45.3% |
| Other tangible fixed assets26 | €19,884 | €14,147 | €21,138 | €68,536 | €36,867 | ▼ 46.2% |
| Financial fixed assets28 | €150 | €150 | €2,607 | €2,607 | €2,607 | = |
| Current assets29/58 | €79,447 | €282,625 | €323,546 | €343,196 | €479,910 | ▲ 39.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €170,253 | - |
| Other amounts receivable291 | - | - | - | - | €170,253 | - |
| Stocks and contracts in progress3 | €5,919 | €11,183 | €14,587 | €20,895 | €16,178 | ▼ 22.6% |
| Stocks30/36 | €5,919 | €11,183 | €14,587 | €20,895 | €16,178 | ▼ 22.6% |
| Amounts receivable within one year40/41 | €120 | €7,241 | €9,117 | €61,720 | €229,535 | ▲ 272% |
| Trade receivables40 | €120 | €7,238 | €9,114 | €52,476 | €225,422 | ▲ 330% |
| Other amounts receivable41 | - | €3 | €3 | €9,244 | €4,113 | ▼ 55.5% |
| Cash at bank and in hand54/58 | €71,408 | €262,237 | €298,297 | €249,083 | €52,446 | ▼ 78.9% |
| Deferred charges and accrued income490/1 | €2,000 | €1,964 | €1,546 | €11,498 | €11,498 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €164,601 | €363,209 | €411,719 | €581,727 | €612,665 | ▲ 5.3% |
| Equity10/15 | -€64,151 | €42,575 | €135,057 | €101,194 | €260,498 | ▲ 157% |
| Contributions10/11 | €24,800 | €24,800 | €24,800 | €24,800 | €24,799 | = |
| Reserves13 | €2,480 | €2,480 | €2,480 | €2,480 | €2,480 | = |
| Non-distributable reserves130/1 | €2,480 | €2,480 | €2,480 | - | - | - |
| Reserves not available under the articles1311 | €2,480 | €2,480 | €2,480 | - | - | - |
| Distributable reserves133 | - | - | - | €2,480 | €2,480 | = |
| Profit (loss) carried forward14 | -€91,431 | €15,295 | €107,777 | €73,914 | €233,219 | ▲ 216% |
| Amounts payable17/49 | €228,752 | €320,634 | €276,662 | €480,532 | €352,167 | ▼ 26.7% |
| Amounts payable after more than one year17 | €112,945 | €135,946 | €81,250 | €124,183 | - | - |
| Other amounts payable178/9 | €112,945 | €135,946 | €81,250 | €124,183 | - | - |
| Amounts payable within one year42/48 | €115,806 | €142,908 | €195,412 | €356,349 | €352,167 | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | €29,000 | - |
| Trade debts44 | €70,963 | €79,531 | €162,723 | €236,811 | €196,026 | ▼ 17.2% |
| Suppliers440/4 | €70,963 | €79,531 | €162,723 | €236,811 | €196,026 | ▼ 17.2% |
| Taxes, remuneration and social security45 | €27,763 | €46,126 | €17,318 | €98,872 | €107,197 | ▲ 8.4% |
| Taxes450/3 | €12,580 | €20,303 | €1,131 | €90,122 | €89,923 | ▼ 0.2% |
| Remuneration and social security454/9 | €15,183 | €25,823 | €16,186 | €8,750 | €17,274 | ▲ 97.4% |
| Other amounts payable47/48 | €17,081 | €17,251 | €15,371 | €20,667 | €19,944 | ▼ 3.5% |
| Accrued charges and deferred income492/3 | €0 | €41,780 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,894 | €106,725 | €92,280 | -€33,863 | €159,305 | ▲ 570% |
| + Depreciation and write-downs630 | €17,937 | €25,784 | €32,665 | €56,588 | €50,185 | ▼ 11.3% |
| Operating cash flow (approximation) | €51,831 | €132,510 | €124,945 | €22,726 | €209,489 | ▲ 822% |
| Investment in fixed assets (approximation) | - | -€21,214 | -€40,254 | -€206,947 | €55,592 | ▲ 127% |
| Change in cash | - | €190,829 | €36,060 | -€49,214 | -€196,637 | ▼ 300% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €159,305
Net result €159,305 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €260,498 ▲157%
Equity rises from €101,194 to €260,498.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€33,863
Net result drops to -€33,863, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 161 days late
16-02
KBO administration
Address struck
event 05-01-2024
2023
30-09
Financial
Equity above €100,000Eq €135,057 ▲217%
6 profitable years in a row build equity to €135,057.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 94 days late
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 458 days late
2022
30-09
Financial
Liquidity triplescurrent ratio 1.98
Current ratio from 0.69 to 1.98.
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 217 days late
Show earlier events
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 148 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 514 days late
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 51 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
10 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, Dilbeek · 3 establishment units since 2018
Ground area
2.7 ha
Building footprint
5,654 m²
Volume, LiDAR
3,371 m³
4 parcels, Flanders, Wallonia · tallest building 20.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
De Lantaarn
since 20182.276.654.534
Brasserie St Martin
since 20192.290.690.335
DIM'S BREAK
since 20232.346.316.469
4 parcels
Flanders
3
(75%)
Wallonia
1
(25%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0274/00M000 | Wallonia | 2.4 ha | 1 · 4,798 m² | - |
| 23070A0371/00F000 | Flanders | 1,783 m² | 1 · 227 m² | 9.0 m · 2 fl. |
| 23074B0157/00E000 | Flanders | 944 m² | 1 · 383 m² | 20.4 m · 2 fl. |
| 23582E0033/00W002 | Flanders | 579 m² | 1 · 245 m² | - |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesDilbeek2.290.690.335
Nivelles2.346.316.469
Sint-Pieters-Leeuw2.276.654.534
Similar companies · same sector, comparable size
GF 2
BE 0630.762.789
Liège · Eq €260,565
Restaurant Decan
BE 0750.614.407
Antwerpen · Eq €260,642
INVITO DISO
BE 0456.587.215
Antwerpen · Eq €260,326
FITH
BE 0729.762.375
Liège · Eq €260,704
De Polderij
BE 0745.967.018
Beveren-Kruibeke-Zwijndrecht · Eq €260,721
Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 7,993 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-07-1998
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463732848
Also
9925:BE0463732848
Registered
22-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.