ESJEE
ActiveSummary
ESJEE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,931 and a net result of €1,246. Equity is shrinking by about 9.3% per year across the filed financial years. Its solvency ranks better than 35% of 1,109 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (35 days) Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500652.
Turnover
≈ €18,000
Estimated: probably between €8,000 and €43,000
Total assets
€105,712▼ 1.3%
2024 · €107,121
Net result
€1,246
2024 · -€3,159
Working capital
-€9,376▲ 14.1%
2024 · -€10,918
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €1,568 after a loss of €2,830 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€1,568
2025
Net result€1,246
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€105,712
2025
Equity€15,931
2025
Debt€89,781
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€9,376
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency15.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.76
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€8,780--€6,704€501€396▼ 20.9%-€2,925-€3,290▼ 12.5%-€2,830▲ 14.0%€1,568
Net result€5,977--€7,052€277within the sector's middle half€381within the sector's middle half▲ 37.4%-€3,179within the sector's middle half-€3,560within the sector's middle half▼ 12.0%-€3,159within the sector's middle half▲ 11.3%€1,246within the sector's middle half
Equity€30,977-€23,925▼ 22.8%€24,202within the sector's middle half▲ 1.2%€24,583within the sector's middle half▲ 1.6%€21,404below the sector's middle half▼ 12.9%€17,843below the sector's middle half▼ 16.6%€14,684below the sector's middle half▼ 17.7%€15,931within the sector's middle half▲ 8.5%
Total assets€39,006-€38,632▼ 1.0%€42,089below the sector's middle half▲ 8.9%€95,970below the sector's middle half▲ 128%€114,584below the sector's middle half▲ 19.4%€111,004below the sector's middle half▼ 3.1%€107,121below the sector's middle half▼ 3.5%€105,712below the sector's middle half▼ 1.3%
Debt€8,029-€14,707▲ 83.2%€17,887▲ 21.6%€71,387▲ 299%€93,180▲ 30.5%€93,160=€92,436▼ 0.8%€89,781▼ 2.9%
Working capital€329--€7,313-€7,259within the sector's middle half▲ 0.7%-€5,152within the sector's middle half▲ 29.0%-€6,822within the sector's middle half▼ 32.4%-€7,619within the sector's middle half▼ 11.7%-€10,918within the sector's middle half▼ 43.3%-€9,376within the sector's middle half▲ 14.1%
Solvency79.4%-61.9%▼ 17.5pp57.5%within the sector's middle half▼ 4.4pp25.6%within the sector's middle half▼ 31.9pp18.7%within the sector's middle half▼ 6.9pp16.1%within the sector's middle half▼ 2.6pp13.7%within the sector's middle half▼ 2.4pp15.1%within the sector's middle half▲ 1.4pp
Current ratio1.04-0.50▼ 0.540.58below the sector's middle half▲ 0.080.75within the sector's middle half▲ 0.170.84within the sector's middle half▲ 0.090.82within the sector's middle half▼ 0.020.74within the sector's middle half▼ 0.080.76within the sector's middle half▲ 0.02
Return on assets (ROA)15.3%--18.3%▼ 33.6pp0.7%within the sector's middle half▲ 18.9pp0.4%within the sector's middle half▼ 0.3pp-2.8%within the sector's middle half▼ 3.2pp-3.2%below the sector's middle half▼ 0.4pp-2.9%below the sector's middle half▲ 0.3pp1.2%within the sector's middle half▲ 4.1pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105,712
Fixed assets
€75,707 ▼ 0.7%
Current assets
€30,005 ▼ 2.8%
Equity and liabilities €105,712
Equity
€15,931 ▲ 8.5%
Debt
€89,781 ▼ 2.9%
Debt's share of the balance-sheet total falls from 86.3% to 84.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2,119▲
2024 · -€2,205
Cash flow
€1,797▲
2024 · -€2,534
Debt to equity
5.64▼
2024 · 6.29
ROE
7.8%▲
2024 · -21.5%
Interest coverage
13.68▲
2024 · -13.31
Debt ≤ 1 year
€39,381▼
2024 · €41,781
Debt > 1 year
€50,000=
2024 · €50,000
Income taxes
€167▲
2024 · €163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €413 | €1,214 | - | €765 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,566 | €3,006 | €2,947 | €2,138 | €1,843 | €2,763 | €625 | €551 | ▼ 11.8% |
| Other operating charges640/8 | - | - | - | €300 | €178 | €728 | €263 | €986 | ▲ 275% |
| Gross operating margin9900 | €14,336 | -€3,465 | €3,795 | €2,834 | -€904 | €201 | -€1,942 | €3,105 | - |
| Operating profit (loss)9901 | €8,780 | -€6,704 | €501 | €396 | -€2,925 | -€3,290 | -€2,830 | €1,568 | - |
| Financial income75/76B | - | - | - | €200 | - | €0 | - | - | - |
| Recurring financial income75 | €272 | €10 | - | €200 | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €75 | €116 | €113 | €166 | €155 | ▼ 6.5% |
| Recurring financial charges65 | €80 | €139 | €56 | €75 | €116 | €113 | €166 | €155 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €8,973 | -€6,833 | €444 | €521 | -€3,041 | -€3,403 | -€2,996 | €1,413 | - |
| Income taxes67/77 | €2,995 | €219 | €167 | €140 | €139 | €157 | €163 | €167 | ▲ 2.3% |
| Profit (loss) for the period9904 | €5,977 | -€7,052 | €277 | €381 | -€3,179 | -€3,560 | -€3,159 | €1,246 | - |
| Profit (loss) for the period to be appropriated9905 | €5,977 | -€7,052 | €277 | €381 | -€3,179 | -€3,560 | -€3,159 | €1,246 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €39,006 | €38,632 | €42,089 | €95,970 | €114,584 | €111,004 | €107,121 | €105,712 | ▼ 1.3% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €30,648 | €31,238 | €32,116 | €80,390 | €78,881 | €76,118 | €76,258 | €75,707 | ▼ 0.7% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €5,648 | €6,238 | €7,116 | €5,390 | €3,881 | €1,118 | €1,258 | €707 | ▼ 43.8% |
| Furniture and vehicles24 | - | - | - | €5,390 | €3,881 | €1,118 | €1,258 | €707 | ▼ 43.8% |
| Financial fixed assets28 | €25,000 | €25,000 | €25,000 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Current assets29/58 | €8,358 | €7,394 | €9,973 | €15,579 | €35,703 | €34,886 | €30,863 | €30,005 | ▼ 2.8% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €303 | €4,298 | €7,591 | €10,445 | €31,170 | €32,756 | €29,157 | €25,841 | ▼ 11.4% |
| Trade receivables40 | - | - | - | €8,946 | €5,741 | €7,327 | €3,004 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €1,499 | €25,429 | €25,429 | €26,153 | €25,841 | ▼ 1.2% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €7,401 | €2,841 | €2,382 | €5,135 | €4,533 | €2,130 | €1,532 | €4,164 | ▲ 172% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €174 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €39,006 | €38,632 | €42,089 | €95,970 | €114,584 | €111,004 | €107,121 | €105,712 | ▼ 1.3% |
| Equity10/15 | €30,977 | €23,925 | €24,202 | €24,583 | €21,404 | €17,843 | €14,684 | €15,931 | ▲ 8.5% |
| Contributions10/11 | €25,000 | €25,000 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €5,977 | €5,977 | €5,977 | €5,977 | €5,977 | €5,977 | €5,977 | €5,977 | = |
| Non-distributable reserves130/1 | - | - | - | €300 | €300 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €300 | €300 | - | - | - | - |
| Distributable reserves133 | - | - | - | €5,677 | €5,677 | €5,977 | €5,977 | €5,977 | = |
| Profit (loss) carried forward14 | €0 | -€7,052 | -€6,775 | -€6,394 | -€9,573 | -€13,134 | -€16,293 | -€15,047 | ▲ 7.6% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €8,029 | €14,707 | €17,887 | €71,387 | €93,180 | €93,160 | €92,436 | €89,781 | ▼ 2.9% |
| Amounts payable after more than one year17 | €0 | - | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Financial debts170/4 | - | - | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €8,029 | €14,707 | €17,232 | €20,732 | €42,525 | €42,505 | €41,781 | €39,381 | ▼ 5.7% |
| Trade debts44 | €2,820 | €7,596 | €3,697 | €9,401 | €2,068 | €3,797 | €1,487 | €101 | ▼ 93.2% |
| Suppliers440/4 | - | - | - | €9,401 | €2,068 | €3,797 | €1,487 | €101 | ▼ 93.2% |
| Advances received on contracts in progress46 | - | - | - | €271 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,915 | €3,864 | €2,406 | €4,213 | €2,390 | ▼ 43.3% |
| Taxes450/3 | - | - | - | €840 | €1,714 | €1,331 | €1,563 | €2,390 | ▲ 52.9% |
| Remuneration and social security454/9 | - | - | - | €1,075 | €2,150 | €1,075 | €2,650 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €9,144 | €36,593 | €36,302 | €36,081 | €36,891 | ▲ 2.2% |
| Accrued charges and deferred income492/3 | - | - | - | €655 | €655 | €655 | €655 | €400 | ▼ 38.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,977 | -€7,052 | €277 | €381 | -€3,179 | -€3,560 | -€3,159 | €1,246 | - |
| + Depreciation and write-downs630 | €3,566 | €3,006 | €2,947 | €2,138 | €1,843 | €2,763 | €625 | €551 | ▼ 11.8% |
| Operating cash flow (approximation) | €9,543 | -€4,045 | €3,224 | €2,519 | -€1,337 | -€797 | -€2,534 | €1,797 | - |
| Investment in fixed assets (approximation) | - | -€3,596 | -€3,825 | -€50,412 | -€333 | €0 | -€765 | €0 | - |
| Change in cash | - | -€4,560 | -€459 | €2,753 | -€601 | -€2,403 | -€598 | €2,631 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-09-2026 | 2026-00500652 |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00516589 |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00480657 |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00378635 |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20245438 |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-42700549 |
| 31-12-2019 | abbreviated format | 07-09-2020 | 2020-50600336 |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-28300029 |
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Of the 3,843 active companies whose main activity is other sports activities (NACE 93199), figures are known for 621. 414 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.