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eShango

Active Private limited companyfounded 2009active for 16 yearsFays Village 16, 4910 TheuxKBO/BCE: BE 0820.964.943 #7 oldest company in Theux, Telecoms and IT sector
eShango
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Overview

Lifetime

14 annual accounts with figures on one time axis
peak €25,634 (2025)
€25,634▲ 325%
lowest -€6,485 (2018)
€20,038▲ 313%
peak €33,068 (2025)
€33,068▲ 154%
€12,153▲ 55.3%
Board3 names since 2009
1 directorDELVAUX Laetitia
Documentsfilings and deeds
08-04-202622 days before the deadline
2025micro format
Gross margin from €6,033 to €25,634Result from €4,848 to €20,038Equity from €13,030 to €33,068Debts from €7,827 to €12,153Cash from €3,785 to €9,898

Key points

from the 2025 annual accounts

Equity

€33,068 ▲ 154%

eShango has made a profit without a break since 2021.

Turnover

≈ €85,000 estimated

The micro format states no turnover.

Filings

14 annual accounts since 2011
deadline201520202025

Three of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.

Checked score

97
Excellent
Financially stronger than 73% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026highest value 05-2026: < 0.1%▼ -0.2 percentage points vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

98+11equity 73.1% of total assets
68+11short-term debt 24.9% · cash 21.9%
100+2return on assets 44.3%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 4.02, cash €9,898
Equity €33,068 (73.1% of total assets)
Figures for financial year 2025 (filed on 10-04-2026)
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 67% of them on solvency, 51% on liquidity, 82% on profitability and 93% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as eShango has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of eShango itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for eShango. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.02 (2.82 in 2024), above the usual 1.5. Short-term debt is 24.9% and cash 21.9% of total assets. 26.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 4.02, cash €9,898
NBB · annual accounts
lowers risk · Equity €33,068 (73.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 10-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
58 days early
2023
on the day
2022
15 days early
2021
26 days early
2020
16 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 8 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DL
DELVAUX Laetitia
Director, since 27-11-2009
  • DELVAUX Antoine Anne Etienne all the sharesdeed of 26-04-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0820964943
Registered office moved to Theux New registered office: Fays Village 16, 4910 Theux · Change of role: DELVAUX Antoine Anne Etienne, from manager to director · Resignation: POLFLIET Xavier (manager) · General meeting of 16-04-2024 · Gazette deed
First establishment Fays Village 16, Theux
Incorporation published on 01-12-2009 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
eShango Theux €45,222 €25,634 73.1% -
ALBEMA Neupré €49,388 €22,726 58.0% -
dBITS Vosselaar €47,585 €24,355 7.8% -
JOHNRIZZO Watermael-Boitsfort €43,084 €24,073 90.7% -
Analogue Turnhout €46,908 €23,675 21.6% -
bymarcus.com Woluwe-Saint-Lambert €50,225 €29,372 56.8% -
EXPANTIS Sint-Gillis (bij-Brussel) €38,927 €22,626 53.3% -

These companies have the same main activity as eShango: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €38,900 and €50,200, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 27-11-2009Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.184.083.9694910 Theux, since 06-01-2010
Financial year end
30 September
Peppol
Reachable since 02-07-2025
Company details

Annual accounts to 30-09-2025

€25,634▲ 325%
€20,038▲ 313%
€33,068▲ 154%
€45,222▲ 117%
Filing
Filed on 08-04-2026, 22 days before the end of the filing period
Financials

Insights on eShango

eShango files the micro format. That format states no turnover. The gross margin rose from €3,755 in 2011 to €25,634 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 08-04-2026, 22 days before the deadline
€25,634
▲ 325%
€25,192
▲ 364%
€20,038
▲ 313%
€33,968
▲ 152%
73.1%
▲ 10.7 percentage points
4.02
▲ 1.20

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €85,000. Estimated: probably between €70,000 and €120,000.

In the rankings #7 oldest company in Theux, Telecoms and IT sector

Balance sheet

balance sheet total €45,222 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

73.1%

Higher than 65% of 21,208 companies in 2025.

4.02

Higher than 68% of 20,571 companies in 2025.

44.3%

Higher than 81% of 20,746 companies in 2025.

eShango Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720152014201320122011
Balance sheet: assets
20/58 45,22220,85721,72225,59422,42325,08034,04225,38825,86020,38628,68826,00330,89218,088
21/28 --1847991,9241,9892,0216224551,8644,0323,5373,160875
22/27 --1847991,9241,9892,0216224551,8644,0323,5373,160875
23 --------455-----
24 ---385861,9892,021622-1,8643,8353,3403,160875
26 --1847611,339-----197197--
29/58 45,22220,85721,53924,79520,49823,09132,02124,76725,40518,52224,65622,46627,73317,212
40/41 35,3245,68417,12920,76917,76817,00116,13621,00510,965-1,6371,31614,2772,588
40 9,900-16,70115,80813,49813,49813,4985,917513-1,2541,15314,1132,565
41 25,4245,6844284,9614,2703,5032,63915,08810,452-38416316323
54/58 9,8983,7854,3233,9472,7316,09015,8853,76214,44018,52223,01921,15011,37014,624
490/1 -11,3888780--------2,086-
Balance sheet: equity and liabilities
10/49 45,22220,85721,72225,59422,42325,08034,04225,38825,86020,38628,68826,00330,89218,088
10/15 33,06813,0308,1828,0356,9821,2623,7994983,8338,34012,73311,4088,5426,894
10/11 9,3509,3509,3509,3509,3509,3509,3509,3506,2006,2006,2006,2006,2006,200
100 ------18,55018,55018,55018,55018,55018,55018,55018,550
101 ------9,2009,20012,35012,35012,35012,35012,35012,350
13 3,6803,6802,3632,3632,3632,3632,3632,3632,3632,3632,3632,363776694
130/1 --1,8551,8551,8551,855--------
130 ------1,8551,8551,8551,8551,8551,855268186
1311 --1,8551,8551,8551,855--------
133 3,6803,680508508508508508508508508508508508508
14 20,038--3,531-3,678-4,731-10,451-7,915-11,215-4,731-2234,1702,8451,565-
17/49 12,1537,82713,54017,55915,44023,81730,24424,89022,02712,04515,95514,59522,35111,194
42/48 11,2537,40413,54017,15915,44023,81730,24424,89022,02712,0454,4523,11822,35111,194
44 3834,5727,4131,1871836,8289,17124,89022,0279,5713,8231,56912,0591,731
440/4 3834,5727,4131,1871836,8289,17124,89022,0279,5713,8231,56912,0591,731
45 10,8702,832-------246291622,443685
450/3 10,8702,832-------246291622,443685
47/48 --6,12715,97315,25716,98921,073--2,451-1,3887,8488,778
492/3 900423-400------11,50311,476--
Income statement
9900 25,6346,0331,5322,9088,340-1515,058-5,195-1,1301,7762,2167,4104,8233,755
630 -1846151,1261,7971,6761,1667661,1794,341-2,2722,0281,397
640/8 4424233584004283483654043822,0873488267561,252
9901 25,1925,4265591,3836,116-2,1753,528-6,365-2,691-4,6531,8684,3122,0391,106
75/76B ---3--------1419
75 ---3--------1419
65/66B 40044741133339636122812013-4626-8
65 40044741133339636122812013-4626-8
9903 24,7924,9791471,0535,720-2,5363,300-6,485-2,703-4,6531,8224,2862,0531,118
67/77 4,753132--------2604971,420405424
9904 20,0384,8481471,0535,720-2,5363,300-6,485-2,703-4,3931,3252,8671,648694
9905 20,0384,8481471,0535,720-2,5363,300-6,485-2,703-4,3931,3252,8671,648694
Appropriation of the result
9906 20,0381,317-3,531-3,678-4,731-10,451-7,915-11,215-4,731-2234,1704,4321,648694
14P --3,531-3,678-4,731-10,451---------
691/2 -1,317---------1,58782694
6920 -----------1,58782186
6921 -1,317-----------508
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 08-04-2026 2026-00076122 PDF
30-09-2024 micro format 03-03-2025 2025-00042717 PDF
30-09-2023 micro format 30-04-2024 2024-00079113 PDF
30-09-2022 micro format 15-04-2023 2023-00060333 PDF
30-09-2021 micro format 04-04-2022 2022-20000553 PDF
30-09-2020 micro format 14-04-2021 2021-10400319 PDF
30-09-2019 micro format 14-05-2020 2020-12200174 PDF
30-09-2018 micro format 30-04-2019 2019-11500136 PDF
30-09-2017 micro format 30-05-2018 2018-15300076 PDF
30-09-2015 full format 19-05-2016 2016-13200424 PDF
30-09-2014 full format 28-04-2015 2015-10700250 PDF
30-09-2013 full format 02-09-2014 2014-56100171 PDF
30-09-2012 full format 31-05-2013 2013-15600305 PDF
30-09-2011 full format 30-05-2012 2012-14200190 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720152014201320122011
-5,6101,1742,5097,913-4994,694-5,599-1,511-311-6,5844,0672,503
-5,0317632,1797,517-8604,466-5,719-1,524-52-5,1383,6762,090
-0001,7331,6442,565932-2,1734952,6494,3122,272
6,113-5383761,216-3,360-9,79512,123-10,678--4,4971,8699,780-3,254-
33,96813,4537,9997,6365,058-7261,778-1233,3786,47720,20419,3475,3826,019
73.1%62.5%37.7%31.4%31.1%5.0%11.2%2.0%14.8%40.9%44.4%43.9%27.6%38.1%
4.022.821.591.441.330.971.061.001.151.545.547.201.241.54
0.370.601.652.192.2118.877.96-5.751.441.251.282.621.62
60.6%37.2%1.8%13.1%81.9%-200.9%86.9%--70.5%-52.7%10.4%25.1%19.3%10.1%
44.3%23.2%0.7%4.1%25.5%-10.1%9.7%-25.5%-10.5%-21.5%4.6%11.0%5.3%3.8%
-12.562.857.5319.98---------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets----€1,733
-€184€615€1,126€1,797

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on eShango

The operating result for 2025 is over 4.6 times that of 2024 and the highest since 2011. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 37.5% to 26.9%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2024
DELVAUX Laetitia
Director
since 27-11-2009
listed in the 2025 annual accounts, filed on 08-04-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
DELVAUX Laetitia
Director
DELVAUX Antoine Anne Etienne
Director (not named in the articles)
POLFLIET Xavier
Manager
BoardEarlierend not dated
Mandates as a list
  • DELVAUX Laetitia
    • Director, from 27-11-2009 to date
  • DELVAUX Antoine Anne Etienne
    • Director (not named in the articles), appointed by deed of 26-04-2024, no longer listed in the 2025 annual accounts
  • POLFLIET Xavier
    • Manager, from 18-10-2014 to 26-04-2024

See the board, name and registered office on a given date →

Control

Shareholder
DELVAUX Antoine Anne Etienne
This company
eShango
Equity €33,068
Profit €20,038 in 2025

Capital

Contribution
€9,350
Source
2025 annual accounts

Articles of association

deed of 26-04-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 18:00

Shareholders

Stated in the deed deed of 26-04-2024 ↗

Network & group

No group

eShango has no parent and no holdings in its annual accounts. DELVAUX Laetitia is the only director. eShango shares no director with another company.

The LEI register names no parent.

Timeline

Timeline

23 events since 2009

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFmicro format · 22 days before the deadline
2025
Highest result from 2011 to 2025 net €20,038 ▲313% The operating result of €25,192 and the net result of €20,038 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0820964943
Annual accounts 2024 filed PDFmicro format · 58 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · on the deadline day
Registered office moved to TheuxNew registered office: Fays Village 16, 4910 Theux · Change of role: DELVAUX Antoine Anne Etienne, from manager to director · Resignation: POLFLIET Xavier (manager) · General meeting of 16-04-202413 points ▸

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 15 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 26 days before the deadline
2021
Back to profit net €5,720 The net result is €5,720, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 16 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 14 days late
2019
Back to profit net €3,300 The net result is €3,300, after 3 loss-making years.
Annual accounts 2018 filed PDFmicro format · on the deadline day
2018
Weakest financial year net -€6,485 The net result drops to -€6,485, the lowest from 2011 to 2025. It recovers the following year.
Annual accounts 2017 filed PDFmicro format · 30 days late
2016
Annual accounts 2015 filed PDFfull format · 19 days late
2015
Annual accounts 2014 filed PDFfull format · 2 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 125 days late
2013
Liquidity more than 5 times current ratio 7.20 The current ratio rises from 1.24 to 7.20. Short-term debt falls from €22,351 to €3,118.
Annual accounts 2012 filed PDFfull format · 31 days late
2012
Annual accounts 2011 filed PDFfull format · 30 days late
2010
First establishment Fays Village 16, Theux
2009
Incorporation PDFpublished on 01-12-2009

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

EShango was incorporated on 27 November 2009.1 The registered office was moved to Theux in 2024.2 Total assets rose from €34,042 in 2019 to €45,222 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-04-2024
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0820.964.943
VAT number
BE 0820.964.943
Peppol ID
0208:0820964943
LEI code
9845002CC5AF90BB7888 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
27-11-2009
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 18:00
deed of 26-04-2024 (in French)
Peppol
Reachable since 02-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
eShango in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-04-2024 (in French)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Fays Village 16 registered office 4910 Theux 06-01-2010 2.184.083.969

Buildings and parcels at the address

Ground area
1,394 m²
Buildings
120 m²
Volume, LiDAR
663 m³
Tallest building
8.3 m
Buildings to scale, each on its own parcel
120 m², 8.3 m 120 m², 8.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
63060E0597/00B0001,394 m² 1 · 120 m² 8.3 m · 2

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