ESEM
ActiveSummary
The computed 12-month bankruptcy probability of ESEM is 3.1% (moderate). The 2025 annual accounts show equity of €43,056 and a net result of €13,472. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 3728 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 5.34 against 11.11 in 2024; short-term debt: 15.3% and cash: 8.2% of total assets), and 15.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
84.7%
Return on assets
26.5%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
22 d late
2024
34 d early
2023
30 d early
2022
32 d early
2021
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 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 simulator 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
Equity
€43,056▲ 45.5%
2024 · €29,584
Total assets
€50,843▲ 60.9%
2024 · €31,590
Net result
€13,472▲ 67.8%
2024 · €8,027
Working capital
€33,798▲ 66.5%
2024 · €20,294
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€774-€4,534▲ 486%€4,268▼ 5.9%€9,826▲ 130%€16,800▲ 71.0%
Net result€551-€3,505▲ 536%€2,500▼ 28.7%€8,027▲ 221%€13,472▲ 67.8%
Equity€15,551-€19,057▲ 22.5%€21,557▲ 13.1%€29,584▲ 37.2%€43,056▲ 45.5%
Total assets€17,771-€23,411▲ 31.7%€23,559▲ 0.6%€31,590▲ 34.1%€50,843▲ 60.9%
Debt€2,220-€4,354▲ 96.1%€2,002▼ 54.0%€2,007▲ 0.2%€7,787▲ 288%
Working capital€2,051-€3,790▲ 84.7%€10,590▲ 179%€20,294▲ 91.6%€33,798▲ 66.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 71% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50,843
Fixed assets
€9,258 ▼ 0.3%
Current assets
€41,584 ▲ 86.5%
Equity and liabilities €50,843
Equity
€43,056 ▲ 45.5%
Debt
€7,787 ▲ 288%
Debt's share of the balance-sheet total rises from 6.4% to 15.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,692▲
2024 · €11,536
Cash flow
€15,364▲
2024 · €9,737
Current ratio
5.34▼
2024 · 11.11
Quick ratio
4.96▼
2024 · 9.64
Debt to equity
0.18▲
2024 · 0.07
ROE
31.3%▲
2024 · 27.1%
ROA
26.5%▲
2024 · 25.4%
Interest coverage
28.68▼
2024 · 62.84
Debt ≤ 1 year
€7,787▲
2024 · €2,007
Income taxes
€3,828▲
2024 · €2,007
Staff costs
€32,047▲
2024 · €17,722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €17,722 | €32,047 | ▲ 80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,500 | €3,833 | €4,300 | €1,710 | €1,892 | ▲ 10.6% |
| Other operating charges640/8 | - | €485 | €486 | €593 | €186 | ▼ 68.7% |
| Gross operating margin9900 | €2,274 | €8,852 | €9,055 | €29,851 | €50,924 | ▲ 70.6% |
| Operating profit (loss)9901 | €774 | €4,534 | €4,268 | €9,826 | €16,800 | ▲ 71.0% |
| Financial income75/76B | €13 | €81 | €298 | €391 | €1,151 | ▲ 194% |
| Recurring financial income75 | €13 | €81 | €298 | €391 | €1,151 | ▲ 194% |
| Financial charges65/66B | €98 | €234 | €65 | €184 | €652 | ▲ 255% |
| Recurring financial charges65 | €98 | €234 | €65 | €184 | €652 | ▲ 255% |
| Profit (loss) for the period before taxes9903 | €689 | €4,382 | €4,502 | €10,033 | €17,300 | ▲ 72.4% |
| Income taxes67/77 | €138 | €877 | €2,002 | €2,007 | €3,828 | ▲ 90.8% |
| Profit (loss) for the period9904 | €551 | €3,505 | €2,500 | €8,027 | €13,472 | ▲ 67.8% |
| Profit (loss) for the period to be appropriated9905 | €551 | €3,505 | €2,500 | €8,027 | €13,472 | ▲ 67.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,771 | €23,411 | €23,559 | €31,590 | €50,843 | ▲ 60.9% |
| Fixed assets21/28 | €13,500 | €15,267 | €10,967 | €9,290 | €9,258 | ▼ 0.3% |
| Intangible fixed assets21 | €13,500 | €12,000 | €10,500 | €9,000 | €7,500 | ▼ 16.7% |
| Tangible fixed assets22/27 | - | €3,267 | €467 | €290 | €1,758 | ▲ 507% |
| Plant, machinery and equipment23 | - | - | - | - | €1,718 | - |
| Furniture and vehicles24 | - | €3,267 | €467 | €290 | €40 | ▼ 86.3% |
| Current assets29/58 | €4,271 | €8,144 | €12,592 | €22,301 | €41,584 | ▲ 86.5% |
| Stocks and contracts in progress3 | €2,954 | €2,954 | €2,954 | €2,954 | €2,954 | = |
| Stocks30/36 | €2,954 | €2,954 | €2,954 | €2,954 | €2,954 | = |
| Amounts receivable within one year40/41 | €1,268 | €1,403 | €7,440 | €12,356 | €34,450 | ▲ 179% |
| Trade receivables40 | - | - | - | - | €1,475 | - |
| Other amounts receivable41 | €1,268 | €1,403 | €7,440 | €12,356 | €32,975 | ▲ 167% |
| Cash at bank and in hand54/58 | €49 | €3,787 | €2,198 | €6,991 | €4,180 | ▼ 40.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,771 | €23,411 | €23,559 | €31,590 | €50,843 | ▲ 60.9% |
| Equity10/15 | €15,551 | €19,057 | €21,557 | €29,584 | €43,056 | ▲ 45.5% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Capital10 | - | - | - | - | €15,000 | - |
| Issued capital100 | - | - | - | - | €15,000 | - |
| Profit (loss) carried forward14 | €551 | €4,057 | €6,557 | €14,584 | €28,056 | ▲ 92.4% |
| Amounts payable17/49 | €2,220 | €4,354 | €2,002 | €2,007 | €7,787 | ▲ 288% |
| Amounts payable within one year42/48 | €2,220 | €4,354 | €2,002 | €2,007 | €7,787 | ▲ 288% |
| Trade debts44 | €1,271 | €916 | - | - | €3,959 | - |
| Suppliers440/4 | €1,271 | €916 | - | - | €3,959 | - |
| Taxes, remuneration and social security45 | €949 | €3,439 | €2,002 | €2,007 | €3,828 | ▲ 90.8% |
| Taxes450/3 | €949 | €3,377 | €2,002 | €2,007 | €3,828 | ▲ 90.8% |
| Remuneration and social security454/9 | - | €62 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €551 | €3,505 | €2,500 | €8,027 | €13,472 | ▲ 67.8% |
| + Depreciation and write-downs630 | €1,500 | €3,833 | €4,300 | €1,710 | €1,892 | ▲ 10.6% |
| Operating cash flow (approximation) | €2,051 | €7,339 | €6,800 | €9,737 | €15,364 | ▲ 57.8% |
| Investment in fixed assets (approximation) | - | -€5,600 | €0 | -€33 | -€1,860 | ▼ 5,481% |
| Change in cash | - | €3,738 | -€1,589 | €4,793 | -€2,810 | ▼ 159% |
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
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
31-12
Financial
Highest result since 2021net €13,472 ▲67.8%
Operating result €16,800, net result €13,472, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.29
Current ratio from 1.87 to 6.29; short-term debt falls from €4,354 to €2,002.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has 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.
Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 2020
Ground area
297 m²
Building footprint
106 m²
Volume, LiDAR
799 m³
Parcel 73031E0030/00M003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ESEM
since 20202.310.128.442
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73031E0030/00M003 | Flanders | 297 m² | 1 · 106 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
Food safety, FASFC
1 siteTongeren-Borgloon2.310.128.442
Similar companies · same sector, comparable size
Pizza Sole Mio Primo
BE 0804.596.687
Leuven · Eq €43,059
Fritapapaxschamp
BE 0773.477.010
Charleroi · Eq €43,044
LEE SUSHI JUMET
BE 0759.523.856
Elsene · Eq €43,081
LARGO
BE 0538.957.338
Brussel · Eq €43,081
TARA CORPORATION
BE 0680.625.046
Brussel · Eq €43,082
Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 8,441 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
Founded09-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755931589
Also
9925:BE0755931589
Registered
21-10-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.