Financials
- Financial year
- 2024
- Total assets
- €422,472
- Profit
- €65,643
- Solvency
- 6.8%
Total assets▲ 41.5%
Net result
20182024
ESGUL
ActiveSummary
The computed 12-month bankruptcy probability of ESGUL is 7.2% (elevated). The 2024 annual accounts show equity of €28,790 and a net result of €65,643. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 20% of 6,613 sector peers (NACE 49, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Freight transport by road
NACE 49410Other postal and courier activities NACE 53200
10th oldest company in Maasmechelen, Transport and storage sector1 site
Size
€422,472total assets 2024
- Equity
- €28,790
- Profit
- €65,643
Turnover not published (micro format)
Structure
2025 accounts not filed, 85 days past the deadline7 deeds in the Belgian Official Gazette
Why 36raises risk1 financial year not filed after the legal deadline; last filed accounts filed 418 days late; 2 of the last 3 lateLiquidity: current ratio 1.02, cash €64, halvedFigures for financial year 2024 (filed 22-09-2026)lowers riskFounded in 2006Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 50% of its sector peers (NACE 49, micro)
Financial strength · tick = 2023
Weak
Solvency
32+19
equity 6.8% of total assets
Liquidity
10+2
short-term debt 73.6% · cash 0.0%
Profitability
88+88
return on assets 15.5%
Bankruptcy probability, 12 months
7.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.8%
12-2024: 5.8%● unchanged vs 11-2024
01-2025: 5.8%● unchanged vs 12-2024
02-2025: 5.8%● unchanged vs 01-2025
03-2025: 5.8%● unchanged vs 02-2025
04-2025: 5.7%▼ -0.1 percentage points vs 03-2025
05-2025: 5.6%▼ -0.1 percentage points vs 04-2025
06-2025: 5.4%▼ -0.2 percentage points vs 05-2025
07-2025: 5.4%● unchanged vs 06-2025lowest value
08-2025: 5.7%▲ +0.3 percentage points vs 07-2025
09-2025: 5.8%▲ +0.1 percentage points vs 08-2025
10-2025: 5.5%▼ -0.3 percentage points vs 09-2025
11-2025: 5.7%▲ +0.2 percentage points vs 10-2025
12-2025: 6.6%▲ +0.9 percentage points vs 11-2025
01-2026: 9.7%▲ +3.1 percentage points vs 12-2025
02-2026: 9.7%● unchanged vs 01-2026
03-2026: 9.9%▲ +0.2 percentage points vs 02-2026
04-2026: 9.1%▼ -0.8 percentage points vs 03-2026
05-2026: 9.1%● unchanged vs 04-2026
06-2026: 9.1%● unchanged vs 05-2026
07-2026: 9.0%▼ -0.1 percentage points vs 06-2026
08-2026: 10.9%▲ +1.9 percentage points vs 07-2026highest value
09-2026: 10.9%● unchanged vs 08-2026highest value
10-2026: 7.2%▼ -3.7 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.02, compared with 0.72 in 2023, below the usual 1.5; short-term debt: 73.6% and cash: 0% of total assets), and 93.2% of the assets are financed with debt and provisions.
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 49, micro): better than 19% on solvency, 10% on liquidity, 78% on profitability and 94% on growth.
The bankruptcy probability was computed on 24-10-2026 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
Seven signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 6613 sector peers (2024).
NBB · sector comparisonPosition among 6613 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 418 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2026, 418 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
418 days late
2023
66 days late
2022
7 days late
2021
29 days late
2020
30 days early
2019
26 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 86 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €65,643
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 22
- Since
- 2007
- 31-12-2023Weakest financial year
- 07-08-2023Annual accounts filed
- 29-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 15-05-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about ESGUL
- What is the company number of ESGUL?
- 0881.416.828. In Belgium the VAT number is the company number with BE in front: BE 0881.416.828.
- Where is ESGUL based?
- The registered office is at Berkenlaan(E) 1, 3630 Maasmechelen.Company details
- What does ESGUL do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of ESGUL?
- Private limited company (BV).
- When was ESGUL founded?
- On 15-05-2006.
- Is ESGUL still active?
- Yes, ESGUL is an active enterprise in the KBO register.
- What is the turnover of ESGUL?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ESGUL profitable?
- In financial year 2024, ESGUL made a profit of €65,643.
- Where can I find the annual accounts of ESGUL?
- ESGUL filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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