Esgemo
ActiveSummary
The computed 12-month bankruptcy probability of Esgemo is 1.7% (moderate). The 2024 annual accounts show negative equity (€-8k) and a net result of €-5k. Equity is shrinking by ~82.2% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▼-5
Solvency19▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 0.98 in 2023; short-term debt: 106.3% and cash: 14.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-6.3%
Return on assets
-3.8%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-8k
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 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
41 d early
2022
33 d early
2021
46 d early
2020
2 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-8k▼ 147%
2023 · €-3k
2018: €9k
2019: €7k
2020: €3k
2021: €1k
2022: €-838
2023: €-3k
2018 → 2024
Total assets
€122k▼ 3.6%
2023 · €127k
2018: €161k
2019: €160k
2020: €112k
2021: €110k
2022: €108k
2023: €127k
2018 → 2024
Net result
€-5k▼ 100.0%
2023 · €-2k
2018: €-2k
2019: €-2k
2020: €-4k
2021: €-2k
2022: €-2k
2023: €-2k
2018 → 2024
Working capital
€-8k▼ 147%
2023 · €-3k
2018: €9k
2019: €7k
2020: €3k
2021: €1k
2022: €-838
2023: €-3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€1k▼ 57.9%€-838€-3k▼ 275%€-8k▼ 147%
Operating result€-4k-€-1k▲ 66.8%€-2k▼ 29.1%€-2k▼ 17.2%€-4k▼ 105%
Net result€-4k-€-2k▲ 64.7%€-2k▼ 25.8%€-2k▼ 16.1%€-5k▼ 100.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
Solvency
-6.3%▼
2023 · -2.5%
Current ratio
0.94▼
2023 · 0.98
Quick ratio
0.13▼
2023 · 0.17
Debt to equity
-16.79▲
2023 · -41.38
ROA
-3.8%▼
2023 · -1.8%
Debt
€130k▲
2023 · €130k
Debt ≤ 1 year
€130k▲
2023 · €130k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 24 lines
Balance sheet
Code20232024
Assets
Total assets20/58€127k€122k▼
Current assets29/58€127k€122k▼
Stocks and contracts in progress3€105k€105k=
Stocks30/36€105k€105k=
Cash at bank and in hand54/58€22k€17k▼
Equity and liabilities
Total equity and liabilities10/49€127k€122k▼
Equity10/15€-3k€-8k▼
Contributions10/11€23k€23k=
Profit (loss) carried forward14€-26k€-30k▼
Amounts payable17/49€130k€130k▲
Amounts payable within one year42/48€130k€130k▲
Trade debts44-€73
Suppliers440/4-€73
Other amounts payable47/48€130k€130k=
Income statement
Code20232024
Other operating charges640/8€567€581▲
Gross operating margin9900€-2k€-4k▼
Operating profit (loss)9901€-2k€-4k▼
Financial charges65/66B€120€135▲
Recurring financial charges65€120€135▲
Profit (loss) for the period before taxes9903€-2k€-5k▼
Profit (loss) for the period9904€-2k€-5k▼
Profit (loss) for the period to be appropriated9905€-2k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-30k▼
Profit (loss) brought forward from the previous period14P€-23k€-26k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Vosselaar · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Cingel 142350 VosselaarGround area
4,103 m²
Building footprint
631 m²
Volume, LiDAR
6,107 m³
2 parcels, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Esgemo
since 20092.182.809.113
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046C0024/00V000 | Flanders | 2,370 m² | 1 · 267 m² | 15.3 m · 4 fl. |
| 13019D0014/00N000 | Flanders | 1,732 m² | 1 · 364 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2009
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.