Losses
-€31,315 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Eskon
Lifetime
5 annual accounts with figures on one time axispeak €85,257 (2023)
€5,871▼ 80.3%
lowest -€27,338 (2024)
-€3,978▲ €23,360
peak €46,144 (2023)
€14,828▼ 21.2%
€39,614▲ 150%
Board2 names since 2020
2 directorsTUNCEL Selcan and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €29,772 to €5,871Loss of €3,978Equity from €18,806 to €14,828Debts from €15,814 to €39,614
Key points
from the 2025 annual accountsTurnover
≈ €58,000 estimated
The micro format states no turnover.
Debts
€39,614 73% of the balance sheet
Suppliers 92%Taxes and wages 8%
Liquidity
1.37 was 2.19 in 2024
Short-term debts rose from €15,814 to €39,614.
Filings
5 annual accounts 2 late
The 2021 accounts came latest: 61 days after the end of the period.
Position in the sector
-€3,978
Lower net result than 82% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
Checked score
51
Fair
Financially stronger than 17% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.1%
01-2025: 4.0%▼ -0.1 percentage points vs 12-2024
02-2025: 4.0%● unchanged vs 01-2025
03-2025: 3.9%▼ -0.1 percentage points vs 02-2025
04-2025: 4.2%▲ +0.3 percentage points vs 03-2025
05-2025: 4.8%▲ +0.6 percentage points vs 04-2025
06-2025: 5.1%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 4.9%▼ -0.2 percentage points vs 06-2025
08-2025: 3.0%▼ -1.9 percentage points vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 2.0%▼ -1.0 percentage point vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 1.9%▼ -0.1 percentage points vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.2 percentage points vs 03-2026
05-2026: 2.2%● unchanged vs 04-2026
06-2026: 2.1%▼ -0.1 percentage points vs 05-2026
07-2026: 2.0%▼ -0.1 percentage points vs 06-2026
08-2026: 1.6%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 1.6%● unchanged vs 08-2026lowest value
10-2026: 2.3%▲ +0.7 percentage points vs 09-2026
11-2026: 2.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Founded in 2020
Liquidity: current ratio 1.37, cash €769
lowers risk
Figures for financial year 2025 (filed on 30-07-2026)
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 43, micro). It does better than 29% of them on solvency, 7% on liquidity, 14% on profitability and 18% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 1,548 companies had the same profile as Eskon has now. Each dot stands for 4 companies, two years later.
91.2%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Eskon itself: 2.3% 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.
| 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 1,548 companies, not a prediction for Eskon. 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 €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (2.19 in 2024), below the usual 1.5. Short-term debt is 72.8% and cash 1.4% of total assets. 72.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€3,978
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
30 days late
2022
on the day
2021
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 18 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
TC
Tuncel Cinarcan
Director
- TUNCEL Selcan 100 sharesdeed of 07-04-2020
Recent changes
Registered office moved within Lokeren
New registered office: Eggestraat 4, 9160 Lokeren · Previous registered office: Groenstraat 74, 9160 Lokeren · General meeting of 14-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0745822310
Registered office moved within Lokeren
New registered office: Groenstraat 74, 9160 Lokeren · Previous registered office: Oud-Strijderslaan 7 bus W2, 9160 Lokeren · General meeting of 05-07-2023 · Gazette deed
Incorporation
Founding capital of €4,100, 100 shares · Founder: TUNCEL Selcan · Appointment: TUNCEL Selcan (director) · published on 07-04-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Eskon Lokeren | €54,443 | €5,871 | 27.2% | - |
| SQUALE WOOD Tienen | €47,115 | €7,212 | 22.2% | - |
| AICOM SOLUTIONS Brussels | €40,087 | €6,464 | 39.4% | - |
| GS DECOR Schaerbeek | €53,251 | €7,865 | 57.7% | - |
| BACH CONSTRUCT Drogenbos | €38,926 | €6,194 | 72.1% | - |
| HZ CONSTRUCT Uccle | €62,910 | €9,873 | 90.0% | - |
| ADRO Maldegem | €69,393 | €7,670 | 81.8% | - |
These companies have the same main activity as Eskon: site preparation (NACE 43120). They are comparable in size and age: total assets between €38,900 and €69,400, founded between 2017 and 2021.
Official details
Source: KBO- Status
- Active since 03-04-2020Normal situation
- Activity
- Site preparationNACE 43120
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.302.944.5049160 Lokeren, since 03-04-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Annual accounts 2025
- €54,443▲ 57.3%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Eskon
Eskon files the micro format. That format states no turnover. The gross margin fell from €63,535 in 2021 to €5,871 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Eskon
- What is the company number of Eskon?
- The company number of Eskon is 0745.822.310. The VAT number is the same number with BE in front: BE 0745.822.310.
- Where is Eskon based?
- The registered office is at Eggestraat 4, 9160 Lokeren.Company details
- What does Eskon do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Eskon?
- Eskon is a private limited company (BV).
- When was Eskon founded?
- Eskon was founded on 03-04-2020.
- Is Eskon still active?
- Yes, Eskon is an active enterprise in the KBO register.
- How many employees does Eskon have?
- Eskon had an average of 1.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does Eskon fall under?
- In its 2025 annual accounts, Eskon states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Eskon?
- The turnover in financial year 2025 is ≈ €58,000. This figure is estimated from the gross margin of €5,871 and 31 comparable companies (NACE 43120). It probably lies between €26,000 and €84,000. It is a rough estimate.
- Is Eskon profitable?
- In financial year 2025, Eskon made a loss of €3,978.
- Where can I find the annual accounts of Eskon?
- Eskon filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Eskon due?
- Eskon must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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