ESIN PNEUS

Active

Private limited companyfounded 20215 yrs activeRue Hamoir(L.L) 124, 7100 La Louvière, BelgiumKBO/BCE: BE 0765.991.578

Summary

The computed 12-month bankruptcy probability of ESIN PNEUS is 3.4% (moderate). The 2024 annual accounts show negative equity (€-36k) and a net result of €-40k. Equity is shrinking by ~46% per year across the filed fiscal years. Its solvency ranks better than 9% of 3539 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

21 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-98

Solvency0▼-29

Growth32▼-46

Track record94

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.52 against 0.99 in 2023; short-term debt: 169.6% and cash: 19.4% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

-69.6%

Return on assets

-76.2%

Age of the figures

21 mo

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

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 95

Relative position

BE, all sectors

reference

Sector 95

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year €-36k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

68 d late

2022

7 d late

2021

11 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, micro schema

Equity

€-36k

2023 · €3k

2021: €-12k 2022: €-17k 2023: €3k

2021 → 2024

Total assets

€52k▼ 37.8%

2023 · €84k

2021: €34k 2022: €52k 2023: €84k

2021 → 2024

Net result

€-40k

2023 · €20k

2021: €-22k 2022: €-5k 2023: €20k

2021 → 2024

Working capital

€-43k▼ 3,461%

2023 · €-1k

2021: €-19k 2022: €-23k 2023: €-1k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€-12k-€-17k▼ 40.4%€3k€-36k

Operating result€-22k-€-5k▲ 78.8%€20k€-40k

Net result€-22k-€-5k▲ 78.2%€20k€-40k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €40k after €20k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €52k

12%

88.0%

Fixed assets €6k ▲ 34.8%

Current assets €46k ▼ 42.1%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-38k▼

2023 · €22k

Cash flow

€-38k▼

2023 · €21k

Solvency

-69.6%▼

2023 · 4.1%

Current ratio

0.52▼

2023 · 0.99

Quick ratio

0.21▼

2023 · 0.45

Debt to equity

-2.44▼

2023 · 23.37

ROA

-76.2%▼

2023 · 23.7%

Interest coverage

-289.22▼

2023 · 84.97

Debt

€89k▲

2023 · €81k

Debt ≤ 1 year

€89k▲

2023 · €81k

Staff costs

€26k▲

2023 · €7k

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 · 39 lines

Balance sheet Code20232024

Assets

Total assets20/58€84k€52k▼

Fixed assets21/28€5k€6k▲

Tangible fixed assets22/27€2k€3k▲

Plant, machinery and equipment23€2k€3k▲

Furniture and vehicles24€65€0▼

Financial fixed assets28€3k€3k=

Current assets29/58€80k€46k▼

Stocks and contracts in progress3€43k€27k▼

Stocks30/36€43k€27k▼

Amounts receivable within one year40/41€9k€9k▼

Trade receivables40€9k€9k▼

Cash at bank and in hand54/58€27k€10k▼

Deferred charges and accrued income490/1€496-

Equity and liabilities

Total equity and liabilities10/49€84k€52k▼

Equity10/15€3k€-36k▼

Contributions10/11€10k€10k=

Profit (loss) carried forward14€-7k€-46k▼

Amounts payable17/49€81k€89k▲

Amounts payable within one year42/48€81k€89k▲

Trade debts44€10k€10k▲

Suppliers440/4€10k€10k▲

Taxes, remuneration and social security45€15k€15k▲

Taxes450/3€10k€7k▼

Remuneration and social security454/9€5k€8k▲

Other amounts payable47/48€56k€64k▲

Income statement Code20232024

Remuneration, social security and pensions62€7k€26k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲

Other operating charges640/8€977€505▼

Gross operating margin9900€29k€-11k▼

Operating profit (loss)9901€20k€-40k▼

Financial income75/76B€3-

Recurring financial income75€3-

Financial charges65/66B€255€131▼

Recurring financial charges65€255€131▼

Profit (loss) for the period before taxes9903€20k€-40k▼

Profit (loss) for the period9904€20k€-40k▼

Profit (loss) for the period to be appropriated9905€20k€-40k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-46k▼

Profit (loss) brought forward from the previous period14P€-27k€-7k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-40k ▼300%

Net result drops to €-40k, the lowest in the series.

07-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 68 days late

2023

31-12

Financial Back to profitnet €20k

Net result €20k after 2 loss-making years.

07-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 7 days late

2022

11-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 11 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, La Louvière · 2 establishment units since 2021

establishment All 2 establishment units on the map

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.

Rue Hamoir(L.L) 1247100 La Louvière

Ground area

500 m²

Building footprint

221 m²

Volume, LiDAR

3,071 m³

2 parcels, Wallonia · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

Rue Hamoir(L.L) 124, 7100 La Louvière

Manufacture of motor vehicles, trailers and semi-trailers

since 20212.316.179.955

ESIN PNEUS

Rue Hamoir(L.L) 180, 7100 La LouvièreService activities incidental to land transportation

since 20252.382.445.605

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55373B0029/00D042	Wallonia	288 m²	1 · 97 m²	12.5 m · 4 fl.
55373B0029/00R034	Wallonia	213 m²	1 · 123 m²	17.2 m · 5 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.

Similar companies · same sector, comparable size

Antwerpen · Eq €3,441

Carrosserie D.D.S.

BE 0769.353.817

Kluisbergen · Eq €3,440

Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 665 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-04-2021

Fiscal year end31-12

Activities, NACEBEL 2025

95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

95315Tyre services

47811Retail sale of cars and light vans (up to 3.5 tonnes)

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

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