ESIA
The computed 12-month bankruptcy probability of ESIA is 0.3% (very low). The 2025 annual accounts show negative equity (€-104k) and a net result of €4k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 61 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-104k |
| Net result | €4k |
| Staff (FTE) | 5 |
| Better than sector | 5% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -24.9% | 41.5% | |
| Net result | €4k | €28k | |
| Equity | €-104k | €361k | |
| Gross operating margin | €333k | €110k | |
| Employees (FTE) | 5.0 | 4.9 |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €103k |
| Net profit | €4k |
| Cash flow | €94k |
| Staff costs | €230k |
| Income taxes | €991 |
| Dividends | - |
| Total assets | €416k |
| Equity | €-104k |
| Debt | €520k |
| of which ≤ 1y | €286k |
| of which > 1y | €231k |
| Working capital | €-133k |
| Employees (FTE) | 5.0 |
| 2025 | |
|---|---|
| Current ratio | 0.54 |
| Quick ratio | 0.54 |
| Working capital ratio | -31.9% |
| Solvency | -24.9% |
| Debt / equity | -5.02 |
| Long-term debt ratio | -2.23 |
| Interest coverage | 7.18 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.9% |
| ROE | -3.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €416k |
| Fixed assets | 21/28 | €263k |
| Intangible fixed assets | 21 | €262k |
| Tangible fixed assets | 22/27 | €529 |
| Financial fixed assets | 28 | €700 |
| Current assets | 29/58 | €153k |
| Amounts receivable within one year | 40/41 | €146k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €416k |
| Equity | 10/15 | €-104k |
| Contributions / capital | 10/11 | €536k |
| Accumulated profits (losses) | 14 | €-640k |
| Amounts payable | 17/49 | €520k |
| Amounts payable after one year | 17 | €231k |
| Amounts payable within one year | 42/48 | €286k |
| Trade debts payable within one year | 44 | €91k |
| Income statement | ||
| Gross operating margin | 9900 | €333k |
| Operating result | 9901 | €13k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €5k |
| Income taxes | 67/77 | €991 |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
| NACE primary | 82100 |
| Legal form | Public limited company(014) |
| Incorporation | 18-02-2011 |
| Status | Active |
| Postal code | 4140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100C0626/00A000 | Wallonia | 2,323 m² | 1 · 205 m² | 8.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-07-2022 Capital increase of €149,539.89 to €436,103.16
- €286.563,27 → €436.103,16
- 3 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_decrease",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "capital_increase",
"after_eur": 436103.16,
"delta_eur": 149539.89,
"before_eur": 286563.27,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "BIERSART Nicolas",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 250,
"contribution_amount_eur": 25949.14
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "ETIENNE Daniel",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 250,
"contribution_amount_eur": 23529.42
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "ARCHAMBEAU S\u00E9bastien",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 250,
"contribution_amount_eur": 29781.33
},
{
"kbo": null,
"rrn": null,
"kind": "org",
"name": "BI-AXIOME",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 190,
"contribution_amount_eur": 26600.0
},
{
"kbo": null,
"rrn": null,
"kind": "org",
"name": "ARPA CONSULTING",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 190,
"contribution_amount_eur": 26600.0
},
{
"kbo": null,
"rrn": null,
"kind": "org",
"name": "ARCHAMBEAU CONSULTING",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 122,
"contribution_amount_eur": 17080.0
}
],
"share_emission": {
"agio_eur": null,
"share_form": "no_nominal_value",
"share_class": "A",
"n_new_shares": 1252,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "apport_nature",
"paid_up_delta_eur": 149539.89,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "capital_increase",
"after_eur": 536063.16,
"delta_eur": 99960.0,
"before_eur": 436103.16,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "org",
"name": "RGROUPE",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 714,
"contribution_amount_eur": 99960.0
}
],
"share_emission": {
"agio_eur": null,
"share_form": "no_nominal_value",
"share_class": "A",
"n_new_shares": 714,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "apport_nature",
"paid_up_delta_eur": 99960.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_class_creation",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Christian BOVY",
"firm_city": null,
"firm_name": null,
"office_city": "Comblain-au-Pont",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2022-07-05",
"filing_date": "2022-07-01",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale",
"act_date": "2022-06-27",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2022-06-27"
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "3R, LEBOUTTE \u0026 CO",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "St\u00E9phan RATY"
},
"subject_company": {
"kbo": "0833.865.745",
"name_full": "ESIA",
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor"
],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "BIERSART Nicolas",
"role": null,
"n_shares": 250,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "ETIENNE Daniel",
"role": null,
"n_shares": 250,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "ARCHAMBEAU S\u00E9bastien",
"role": null,
"n_shares": 250,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "org",
"name": "BI AXIOME",
"role": null,
"n_shares": 190,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "org",
"name": "ARPA CONSULTING",
"role": null,
"n_shares": 190,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "org",
"name": "ARCHAMBEAU CONSULTING",
"role": null,
"n_shares": 122,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "ROCHE Jean Guy Marie Jules",
"role": "g\u00E9rant_statutaire",
"n_shares": null,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "BIERSART Nicolas Jo\u00EBl Jean-Pierre Serge",
"role": "g\u00E9rant_statutaire",
"n_shares": null,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "ETIENNE Daniel Roger",
"role": "g\u00E9rant_statutaire",
"n_shares": null,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "ARCHAMBEAU S\u00E9bastien Pol Patricia Guislain",
"role": "g\u00E9rant_statutaire",
"n_shares": null,
"share_class": null
}
],
"share_classes_after": [
{
"n_shares": 4861,
"class_name": "A",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 728,
"class_name": "B",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 700,
"class_name": "parts b\u00E9n\u00E9ficiaires",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ESIA |