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ESEN TECHNICS

Active
Private limited companyfounded 20215 yrs activeBeukenstraat 2, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0769.622.249
Summary

ESEN TECHNICS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97,076 and a net result of -€3,619. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 500 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability40▼-60
Solvency98▲+9
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.36 against 2.42 in 2023; short-term debt: 26.7% and cash: 1.8% of total assets), and 26.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
73.3%
Return on assets
-2.7%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 12-07-2025, 19 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
19 d early
2023
148 d late
2022
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 51 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ESEN TECHNICS was incorporated on 11 June 2021 as a Private limited company.1 Total assets rose from EUR 73,431 in 2022 to EUR 132,430 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€97,076▼ 3.6%
2023 · €100,695
Total assets
€132,430▼ 15.7%
2023 · €157,151
Net result
-€3,619
2023 · €54,318
Working capital
€83,572▲ 4.1%
2023 · €80,249
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, 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
Line202220232024
Operating result€51,742-€74,926▲ 44.8%€6,618▼ 91.2%
Net result€41,376above the sector's middle half-€54,318above the sector's middle half▲ 31.3%-€3,619within the sector's middle half
Equity€46,376within the sector's middle half-€100,695within the sector's middle half▲ 117%€97,076within the sector's middle half▼ 3.6%
Total assets€73,431below the sector's middle half-€157,151within the sector's middle half▲ 114%€132,430within the sector's middle half▼ 15.7%
Debt€27,055-€56,456▲ 109%€35,355▼ 37.4%
Working capital€40,058within the sector's middle half-€80,249within the sector's middle half▲ 100%€83,572within the sector's middle half▲ 4.1%
Solvency63.2%within the sector's middle half-64.1%within the sector's middle half▲ 0.9pp73.3%above the sector's middle half▲ 9.2pp
Current ratio2.48within the sector's middle half-2.42within the sector's middle half▼ 0.063.36within the sector's middle half▲ 0.94
Return on assets (ROA)56.3%above the sector's middle half-34.6%above the sector's middle half▼ 21.8pp-2.7%below the sector's middle half▼ 37.3pp
Staff (FTE)0.80.3▼ 62.5%
above within below the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000€80,000Operating result 2022: €51,742€51,742Net result 2022: €41,376€41,376Operating result 2023: €74,926€74,926Net result 2023: €54,318€54,318Operating result 2024: €6,618€6,618Net result 2024: -€3,619-€3,619202220232024-€20,000€0€20,000€40,000€60,000€80,000Operating result 2022: €51,742€51,700Net result 2022: €41,376€41,400Operating result 2023: €74,926€74,900Net result 2023: €54,318€54,300Operating result 2024: €6,618€6,620Net result 2024: -€3,619-€3,620202220232024
The operating result falls in 2024; 2024 is 91% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132,430
Fixed assets €13,504 ▼ 34.0%
Current assets €118,927 ▼ 13.0%
Equity and liabilities €132,430
Equity €97,076 ▼ 3.6%
Debt €35,355 ▼ 37.4%
Debt's share of the balance-sheet total falls from 35.9% to 26.7%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18,247▼
2023 · €84,238
Cash flow
€8,010▼
2023 · €63,630
Debt to equity
0.36▼
2023 · 0.56
ROE
-3.7%▼
2023 · 53.9%
Interest coverage
2.99▼
2023 · 20.86
Debt ≤ 1 year
€35,355▼
2023 · €56,456
Income taxes
€4,448▼
2023 · €16,570
Staff costs
€21,273▼
2023 · €29,479
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,442 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€157,151€132,430▼
Fixed assets21/28€20,445€13,504▼
Tangible fixed assets22/27€20,445€13,504▼
Plant, machinery and equipment23€17,418€10,653▼
Furniture and vehicles24€3,027€2,851▼
Current assets29/58€136,706€118,927▼
Amounts receivable after more than one year29€87,819€87,819=
Other amounts receivable291€87,819€87,819=
Amounts receivable within one year40/41€47,674€28,463▼
Trade receivables40€44,770€15,886▼
Other amounts receivable41€2,904€12,578▲
Cash at bank and in hand54/58€1,213€2,409▲
Deferred charges and accrued income490/1-€235
Equity and liabilities
Total equity and liabilities10/49€157,151€132,430▼
Equity10/15€100,695€97,076▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€95,695€92,076▼
Amounts payable17/49€56,456€35,355▼
Amounts payable within one year42/48€56,456€35,355▼
Trade debts44€13,273€12,605▼
Suppliers440/4€13,273€12,605▼
Taxes, remuneration and social security45€43,183€22,750▼
Taxes450/3€35,383€22,113▼
Remuneration and social security454/9€7,800€637▼
Income statement Code20232024
Remuneration, social security and pensions62€29,479€21,273▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,312€11,629▲
Other operating charges640/8€4,883€3,987▼
Gross operating margin9900€118,599€43,506▼
Operating profit (loss)9901€74,926€6,618▼
Financial income75/76B€0€304▲
Recurring financial income75€0€304▲
Financial charges65/66B€4,038€6,094▲
Recurring financial charges65€4,038€6,094▲
Profit (loss) for the period before taxes9903€70,888€829▼
Income taxes67/77€16,570€4,448▼
Profit (loss) for the period9904€54,318-€3,619▼
Profit (loss) for the period to be appropriated9905€54,318-€3,619▼
Appropriation of the result
Profit (loss) to be appropriated9906€95,695€92,076▼
Profit (loss) brought forward from the previous period14P€41,376€95,695▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62€1,855€29,479€21,273▼ 27.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€804€9,312€11,629▲ 24.9%
Other operating charges640/8€1,264€4,883€3,987▼ 18.4%
Gross operating margin9900€55,666€118,599€43,506▼ 63.3%
Operating profit (loss)9901€51,742€74,926€6,618▼ 91.2%
Financial income75/76B€1,899€0€304▲ 3,044,600%
Recurring financial income75€1,899€0€304▲ 3,044,600%
Financial charges65/66B€1,400€4,038€6,094▲ 50.9%
Recurring financial charges65€1,400€4,038€6,094▲ 50.9%
Profit (loss) for the period before taxes9903€52,240€70,888€829▼ 98.8%
Income taxes67/77€10,864€16,570€4,448▼ 73.2%
Profit (loss) for the period9904€41,376€54,318-€3,619▼ 107%
Profit (loss) for the period to be appropriated9905€41,376€54,318-€3,619▼ 107%
Line202220232024Change
Assets
Total assets20/58€73,431€157,151€132,430▼ 15.7%
Fixed assets21/28€6,318€20,445€13,504▼ 34.0%
Tangible fixed assets22/27€6,318€20,445€13,504▼ 34.0%
Plant, machinery and equipment23€6,318€17,418€10,653▼ 38.8%
Furniture and vehicles24-€3,027€2,851▼ 5.8%
Current assets29/58€67,112€136,706€118,927▼ 13.0%
Amounts receivable after more than one year29-€87,819€87,819=
Other amounts receivable291-€87,819€87,819=
Amounts receivable within one year40/41€63,757€47,674€28,463▼ 40.3%
Trade receivables40€28,088€44,770€15,886▼ 64.5%
Other amounts receivable41€35,669€2,904€12,578▲ 333%
Cash at bank and in hand54/58€3,356€1,213€2,409▲ 98.7%
Deferred charges and accrued income490/1--€235-
Equity and liabilities
Total equity and liabilities10/49€73,431€157,151€132,430▼ 15.7%
Equity10/15€46,376€100,695€97,076▼ 3.6%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14€41,376€95,695€92,076▼ 3.8%
Amounts payable17/49€27,055€56,456€35,355▼ 37.4%
Amounts payable within one year42/48€27,055€56,456€35,355▼ 37.4%
Trade debts44€5,927€13,273€12,605▼ 5.0%
Suppliers440/4€5,927€13,273€12,605▼ 5.0%
Taxes, remuneration and social security45€21,127€43,183€22,750▼ 47.3%
Taxes450/3€21,127€35,383€22,113▼ 37.5%
Remuneration and social security454/9-€7,800€637▼ 91.8%
Line202220232024Change
Profit (loss) for the period9904€41,376€54,318-€3,619▼ 107%
+ Depreciation and write-downs630€804€9,312€11,629▲ 24.9%
Operating cash flow (approximation)€42,180€63,630€8,010▼ 87.4%
Investment in fixed assets (approximation)--€23,439-€4,687▲ 80.0%
Change in cash--€2,143€1,197▲ 156%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€3,619
Net result drops to -€3,619, the lowest in the series.
26-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 148 days late
2023
31-12
Financial Highest result since 2022net €54,318 ▲31.3%
Operating result €74,926, net result €54,318, both a record.
31-12
Financial Equity above €100,000Eq €100,695 ▲117%
2 profitable years in a row build equity to €100,695.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Heusden-Zolder · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
641 m²
Building footprint
99 m²
Volume, LiDAR
542 m³
Parcel 71065A0003/00S028, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ESEN TECHNICS
Beukenstraat 2, 3550 Heusden-ZolderConstruction of utility projects for electricity and telecommunications
since 20222.330.691.551
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71065A0003/00S028 Flanders 641 m² 1 · 99 m² 8.8 m · 2 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.

Similar companies · same sector, comparable size

Of 14 companies in sector 23140 we hold annual accounts for 9. 1 is within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
23140Manufacture of other non-metallic mineral products
43211General electrical installation work
41001General construction of residential buildings
Contact
E-mail esentechnics@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0769622249
Also 9925:BE0769622249
Registered 31-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.