ESIX SURFACE TECHNOLOGIES
ActiveSummary
The computed 12-month bankruptcy probability of ESIX SURFACE TECHNOLOGIES is 1.6% (moderate). The 2025 annual accounts show negative equity (€-798k) and a net result of €20k. Equity is shrinking by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 7838 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+63
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.13 in 2024; short-term debt: 387.2% and cash: 43.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-860%
Return on assets
21.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
14 d early
2024
63 d late
2023
55 d late
2022
67 d late
2021
11 d early
2020
31 d late
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€20k
2024 · €-56k
2018: €-2k
2019: €-165k▼ -8273% vs 2018
2020: €-344k▼ -109% vs 2019
2021: €-416k▼ -20.6% vs 2020lowest in 8 years
2022: €-387k▲ +6.8% vs 2021
2023: €-157k▲ +59.4% vs 2022
2024: €-56k▲ +64.7% vs 2023
2025: €20k▲ +136% vs 2024highest in 8 years
2018 → 2025
Working capital
€-267k▲ 17.1%
2024 · €-322k
2018: €3khighest in 8 years
2019: €-115k▼ -4697% vs 2018
2020: €-267k▼ -132% vs 2019
2021: €-288k▼ -8.0% vs 2020
2022: €-291k▼ -1.1% vs 2021
2023: €-461k▼ -58.3% vs 2022lowest in 8 years
2024: €-322k▲ +30.2% vs 2023
2025: €-267k▲ +17.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-88k-€-545k▼ 520%€-755k▼ 38.5%€-818k▼ 8.4%€-798k▲ 2.4%
2021: €-88khighest in 5 years
2022: €-545k▼ -520% vs 2021
2023: €-755k▼ -38.5% vs 2022
2024: €-818k▼ -8.4% vs 2023lowest in 5 years
2025: €-798k▲ +2.4% vs 2024
Operating result€-577k-€-427k▲ 25.9%€-172k▲ 59.8%€-30k▲ 82.8%€52k
2021: €-577klowest in 5 years
2022: €-427k▲ +25.9% vs 2021
2023: €-172k▲ +59.8% vs 2022
2024: €-30k▲ +82.8% vs 2023
2025: €52k▲ +276% vs 2024highest in 5 years
Net result€-416k-€-387k▲ 6.8%€-157k▲ 59.4%€-56k▲ 64.7%€20k
2021: €-416klowest in 5 years
2022: €-387k▲ +6.8% vs 2021
2023: €-157k▲ +59.4% vs 2022
2024: €-56k▲ +64.7% vs 2023
2025: €20k▲ +136% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52k after a loss of €30k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€278 ▼ 99.6%
Current assets
€93k ▲ 97.2%
Key figures and ratios
EBITDA
€114k▲
2024 · €55k
Cash flow
€82k▲
2024 · €29k
Solvency
-860.0%▼
2024 · -750.6%
Current ratio
0.26▲
2024 · 0.13
Debt to equity
-1.12▲
2024 · -1.13
ROA
21.5%▲
2024 · -51.0%
Interest coverage
3.60▲
2024 · 1.52
Debt
€891k▼
2024 · €927k
Debt ≤ 1 year
€359k▼
2024 · €369k
Debt > 1 year
€527k▼
2024 · €554k
Income taxes
€380▲
2024 · €-679
Staff costs
€0▼
2024 · €317
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€109k€93k▼
Formation expenses20€0€0=
Fixed assets21/28€62k€278▼
Intangible fixed assets21€61k€0▼
Tangible fixed assets22/27€1k€278▼
Plant, machinery and equipment23€1k€278▼
Furniture and vehicles24€0€0=
Current assets29/58€47k€93k▲
Amounts receivable within one year40/41€29k€52k▲
Trade receivables40€24k€47k▲
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€17k€41k▲
Equity and liabilities
Total equity and liabilities10/49€109k€93k▼
Equity10/15€-818k€-798k▲
Contributions10/11€706k€706k=
Reserves13€111€111=
Distributable reserves133€111€111=
Profit (loss) carried forward14€-1.52M€-1.50M▲
Amounts payable17/49€927k€891k▼
Amounts payable after more than one year17€554k€527k▼
Financial debts170/4€284k€257k▼
Other amounts payable178/9€270k€270k=
Amounts payable within one year42/48€369k€359k▼
Current portion of amounts payable after more than one year42€150k€97k▼
Trade debts44€113k€140k▲
Suppliers440/4€113k€140k▲
Advances received on contracts in progress46€5k€22k▲
Taxes, remuneration and social security45€45-
Taxes450/3€45-
Other amounts payable47/48€101k€101k=
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20242025
Remuneration, social security and pensions62€317€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€62k▼
Other operating charges640/8€34€0▼
Non-recurring operating charges66A-€201
Gross operating margin9900€55k€114k▲
Operating profit (loss)9901€-30k€52k▲
Financial income75/76B€9k€3▼
Recurring financial income75€9k€3▼
Financial charges65/66B€36k€32k▼
Recurring financial charges65€36k€32k▼
Profit (loss) for the period before taxes9903€-56k€20k▲
Income taxes67/77€-679€380▲
Profit (loss) for the period9904€-56k€20k▲
Profit (loss) for the period to be appropriated9905€-56k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.52M€-1.50M▲
Profit (loss) brought forward from the previous period14P€-1.47M€-1.52M▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | - | - | - | - |
| Remuneration, social security and pensions62 | €350k | €279k | €180k | €317 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €316k | €190k | €158k | €84k | €62k | ▼ 26.6% |
| Other operating charges640/8 | €2k | €2k | €2k | €34 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | - | - | - | €201 | - |
| Gross operating margin9900 | €91k | €44k | €167k | €55k | €114k | ▲ 107% |
| Operating profit (loss)9901 | €-577k | €-427k | €-172k | €-30k | €52k | ▲ 276% |
| Financial income75/76B | €177k | €70k | €58k | €9k | €3 | ▼ 100.0% |
| Recurring financial income75 | €177k | €70k | €53k | €9k | €3 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | €6k | - | - | - |
| Financial charges65/66B | €15k | €29k | €43k | €36k | €32k | ▼ 12.3% |
| Recurring financial charges65 | €15k | €29k | €43k | €36k | €32k | ▼ 12.3% |
| Non-recurring financial charges66B | - | - | €157 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-415k | €-386k | €-157k | €-56k | €20k | ▲ 136% |
| Income taxes67/77 | €823 | €679 | €679 | €-679 | €380 | ▲ 156% |
| Profit (loss) for the period9904 | €-416k | €-387k | €-157k | €-56k | €20k | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | €-416k | €-387k | €-157k | €-56k | €20k | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €878k | €752k | €247k | €109k | €93k | ▼ 14.9% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €494k | €304k | €146k | €62k | €278 | ▼ 99.6% |
| Intangible fixed assets21 | €490k | €301k | €144k | €61k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €5k | €3k | €2k | €1k | €278 | ▼ 74.2% |
| Plant, machinery and equipment23 | €5k | €3k | €2k | €1k | €278 | ▼ 74.2% |
| Furniture and vehicles24 | - | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €383k | €448k | €101k | €47k | €93k | ▲ 97.2% |
| Amounts receivable within one year40/41 | €239k | €197k | €20k | €29k | €52k | ▲ 76.3% |
| Trade receivables40 | €226k | €190k | €20k | €24k | €47k | ▲ 100% |
| Other amounts receivable41 | €13k | €7k | €91 | €6k | €5k | ▼ 19.9% |
| Cash at bank and in hand54/58 | €44k | €57k | €27k | €17k | €41k | ▲ 132% |
| Deferred charges and accrued income490/1 | €101k | €194k | €54k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €878k | €752k | €247k | €109k | €93k | ▼ 14.9% |
| Equity10/15 | €-88k | €-545k | €-755k | €-818k | €-798k | ▲ 2.4% |
| Contributions10/11 | €706k | €706k | €706k | €706k | €706k | = |
| Reserves13 | €111 | €111 | €111 | €111 | €111 | = |
| Non-distributable reserves130/1 | €111 | - | - | - | - | - |
| Reserves not available under the articles1311 | €111 | - | - | - | - | - |
| Distributable reserves133 | - | €111 | €111 | €111 | €111 | = |
| Profit (loss) carried forward14 | €-925k | €-1.31M | €-1.47M | €-1.52M | €-1.50M | ▲ 1.3% |
| Investment grants15 | €131k | €60k | €8k | - | - | - |
| Amounts payable17/49 | €966k | €1.30M | €1.00M | €927k | €891k | ▼ 3.9% |
| Amounts payable after more than one year17 | €287k | €558k | €434k | €554k | €527k | ▼ 4.8% |
| Financial debts170/4 | €287k | €558k | €434k | €284k | €257k | ▼ 9.4% |
| Other amounts payable178/9 | - | - | - | €270k | €270k | = |
| Amounts payable within one year42/48 | €672k | €739k | €562k | €369k | €359k | ▼ 2.6% |
| Current portion of amounts payable after more than one year42 | €176k | €254k | €124k | €150k | €97k | ▼ 35.5% |
| Trade debts44 | €127k | €128k | €87k | €113k | €140k | ▲ 23.6% |
| Suppliers440/4 | €127k | €128k | €87k | €113k | €140k | ▲ 23.6% |
| Advances received on contracts in progress46 | - | - | - | €5k | €22k | ▲ 342% |
| Taxes, remuneration and social security45 | €88k | €78k | €4k | €45 | - | - |
| Taxes450/3 | €23k | €22k | €4k | €45 | - | - |
| Remuneration and social security454/9 | €66k | €56k | - | - | - | - |
| Other amounts payable47/48 | €280k | €280k | €347k | €101k | €101k | = |
| Accrued charges and deferred income492/3 | €7k | - | €6k | €5k | €5k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-416k | €-387k | €-157k | €-56k | €20k | ▲ 136% |
| + Depreciation and write-downs630 | €316k | €190k | €158k | €84k | €62k | ▼ 26.6% |
| Operating cash flow (approximation) | €-100k | €-197k | €710 | €29k | €82k | ▲ 185% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €13k | €-30k | €-9k | €23k | ▲ 349% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after 7 loss-making years.
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 63 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 55 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 67 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-416k
Net result drops to €-416k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-12
Financial
Equity above €1MEq €1.03M ▲15,792%
Equity rises from €6k to €1.03M.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Lens (Hainaut) · 1 establishment unit since 2016
Ground area
1.4 ha
Parcel 53016A0538/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ESIX SURFACE TECHNOLOGIES
since 20162.259.475.735
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53016A0538/00A000 | Wallonia | 1.4 ha | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,014 companies in sector 43310 we hold annual accounts for 1,746. 1,000 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-2016
Fiscal year end31-12
Abbreviation FR
ESIX
Activities, NACEBEL 2025
43310Plastering work
Contact
E-mail
frederic.groulard@technochim.eu
Phone
0496/235560
Scores and ratios are computed by Checked and are not a credit decision.