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ESLEM

Active
Private limited companyfounded 2013active for 13 yearsVuurkruisenlaan 30, 2170 Antwerpen, BelgiumKBO/BCE: BE 0536.764.148
Summary

The computed 12-month bankruptcy probability of ESLEM is 2.8% (moderate). The 2024 annual accounts show equity of €77,606 and a net result of -€12,760. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 95% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Equity
€77,606▼ 14.1%
2023 · €90,366
Total assets
€83,046▼ 23.1%
2023 · €107,942
Net result
-€12,760▼ 230%
2023 · -€3,864
Working capital
€39,080▼ 8.2%
2023 · €42,589
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result turns negative in 2024: a loss of €10,352 after €4,250 in 2023, the lowest 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-€10,352 2024 Net result-€12,760 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: 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
Line2018201920202021202220232024
Operating result€2,973-€13,752▲ 363%€21,935▲ 59.5%€29,119▲ 32.7%€16,391▼ 43.7%€4,250▼ 74.1%-€10,352
Net result€2,040-€13,576▲ 566%€21,770within the sector's middle half▲ 60.4%€16,927within the sector's middle half▼ 22.2%€16,957within the sector's middle half▲ 0.2%-€3,864within the sector's middle half-€12,760below the sector's middle half▼ 230%
Equity€25,000-€38,576▲ 54.3%€60,345within the sector's middle half▲ 56.4%€77,272within the sector's middle half▲ 28.0%€94,230within the sector's middle half▲ 21.9%€90,366within the sector's middle half▼ 4.1%€77,606within the sector's middle half▼ 14.1%
Total assets€31,137-€47,804▲ 53.5%€84,106within the sector's middle half▲ 75.9%€106,809within the sector's middle half▲ 27.0%€106,209within the sector's middle half▼ 0.6%€107,942within the sector's middle half▲ 1.6%€83,046within the sector's middle half▼ 23.1%
Debt€6,137-€9,228▲ 50.4%€23,761▲ 157%€29,537▲ 24.3%€11,980▼ 59.4%€17,576▲ 46.7%€5,440▼ 69.0%
Working capital€19,752-€33,570▲ 70.0%€45,325within the sector's middle half▲ 35.0%€56,540within the sector's middle half▲ 24.7%€87,986above the sector's middle half▲ 55.6%€42,589within the sector's middle half▼ 51.6%€39,080within the sector's middle half▼ 8.2%
Solvency80.3%-80.7%▲ 0.4pp71.7%above the sector's middle half▼ 8.9pp72.3%above the sector's middle half▲ 0.6pp88.7%above the sector's middle half▲ 16.4pp83.7%above the sector's middle half▼ 5.0pp93.4%above the sector's middle half▲ 9.7pp
Current ratio4.22-4.64▲ 0.422.91above the sector's middle half▼ 1.732.91above the sector's middle half▲ 0.018.34above the sector's middle half▲ 5.433.42above the sector's middle half▼ 4.928.18above the sector's middle half▲ 4.76
Return on assets (ROA)6.6%-28.4%▲ 21.8pp25.9%above the sector's middle half▼ 2.5pp15.8%above the sector's middle half▼ 10.0pp16.0%above the sector's middle half▲ 0.1pp-3.6%within the sector's middle half▼ 19.5pp-15.4%below the sector's middle half▼ 11.8pp
above within below the middle half of NACE 47, Retail trade: 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 micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €83,046
Fixed assets €38,526 ▼ 19.4%
Current assets €44,520 ▼ 26.0%
Equity and liabilities €83,046
Equity €77,606 ▼ 14.1%
Debt €5,440 ▼ 69.0%
Debt's share of the balance-sheet total falls from 16.3% to 6.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,101▼
2023 · €12,972
Cash flow
-€3,509▼
2023 · €4,858
Debt to equity
0.07▼
2023 · 0.19
ROE
-16.4%▼
2023 · -4.3%
Interest coverage
-6.26▼
2023 · 45.49
Debt ≤ 1 year
€5,440▼
2023 · €17,576
Income taxes
€2,232▼
2023 · €7,829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€107,942€83,046▼
Fixed assets21/28€47,777€38,526▼
Tangible fixed assets22/27€43,172€33,921▼
Furniture and vehicles24€43,172€33,921▼
Financial fixed assets28€4,605€4,605=
Current assets29/58€60,165€44,520▼
Amounts receivable after more than one year29€42,333€35,133▼
Other amounts receivable291€42,333€35,133▼
Amounts receivable within one year40/41€8,693€3,702▼
Trade receivables40€8,264€2,412▼
Other amounts receivable41€430€1,290▲
Cash at bank and in hand54/58€9,139€5,685▼
Equity and liabilities
Total equity and liabilities10/49€107,942€83,046▼
Equity10/15€90,366€77,606▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€69,906€57,146▼
Amounts payable17/49€17,576€5,440▼
Amounts payable within one year42/48€17,576€5,440▼
Trade debts44€7,969€5,222▼
Suppliers440/4€7,969€5,222▼
Taxes, remuneration and social security45€9,607€210▼
Taxes450/3€9,607€210▼
Other amounts payable47/48-€7
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,722€9,251▲
Other operating charges640/8€1,650€182▼
Gross operating margin9900€14,622-€919▼
Operating profit (loss)9901€4,250-€10,352▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€285€176▼
Recurring financial charges65€285€176▼
Profit (loss) for the period before taxes9903€3,965-€10,528▼
Income taxes67/77€7,829€2,232▼
Profit (loss) for the period9904-€3,864-€12,760▼
Profit (loss) for the period to be appropriated9905-€3,864-€12,760▼
Appropriation of the result
Profit (loss) to be appropriated9906€69,906€57,146▼
Profit (loss) brought forward from the previous period14P€73,770€69,906▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Non-recurring operating income76A--€4,500-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,730€7,341€9,985€11,222€8,589€8,722€9,251▲ 6.1%
Other operating charges640/8--€929€912€255€1,650€182▼ 89.0%
Non-recurring operating charges66A---€109€5,900---
Gross operating margin9900€7,902€22,540€32,850€41,362€31,134€14,622-€919-
Operating profit (loss)9901€2,973€13,752€21,935€29,119€16,391€4,250-€10,352-
Financial income75/76B--€2€1€2€1€0▼ 98.6%
Recurring financial income75-€0€2€1€2€1€0▼ 98.6%
Financial charges65/66B--€167€155€265€285€176▼ 38.3%
Recurring financial charges65€100€176€167€155€265€285€176▼ 38.3%
Profit (loss) for the period before taxes9903€2,873€13,576€21,770€28,966€16,128€3,965-€10,528-
Income taxes67/77€833--€12,039-€829€7,829€2,232▼ 71.5%
Profit (loss) for the period9904€2,040€13,576€21,770€16,927€16,957-€3,864-€12,760▼ 230%
Profit (loss) for the period to be appropriated9905€2,040€13,576€21,770€16,927€16,957-€3,864-€12,760▼ 230%
Line2018201920202021202220232024Change
Assets
Total assets20/58€31,137€47,804€84,106€106,809€106,209€107,942€83,046▼ 23.1%
Fixed assets21/28€5,248€5,006€15,021€20,732€6,244€47,777€38,526▼ 19.4%
Tangible fixed assets22/27€4,643€4,401€14,416€20,127€5,639€43,172€33,921▼ 21.4%
Furniture and vehicles24--€11,800€18,383€4,767€43,172€33,921▼ 21.4%
Other tangible fixed assets26--€2,616€1,744€872---
Financial fixed assets28€605€605€605€605€605€4,605€4,605=
Current assets29/58€25,889€42,798€69,085€86,077€99,966€60,165€44,520▼ 26.0%
Amounts receivable after more than one year29-----€42,333€35,133▼ 17.0%
Other amounts receivable291-----€42,333€35,133▼ 17.0%
Amounts receivable within one year40/41€9,764€24,235€49,652€74,559€93,023€8,693€3,702▼ 57.4%
Trade receivables40--€38,127€65,441€19,108€8,264€2,412▼ 70.8%
Other amounts receivable41--€11,525€9,118€73,914€430€1,290▲ 200%
Cash at bank and in hand54/58€15,819€18,316€19,419€11,504€6,929€9,139€5,685▼ 37.8%
Deferred charges and accrued income490/1--€14€14€14---
Equity and liabilities
Total equity and liabilities10/49€31,137€47,804€84,106€106,809€106,209€107,942€83,046▼ 23.1%
Equity10/15€25,000€38,576€60,345€77,272€94,230€90,366€77,606▼ 14.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600€18,600=
Reserves13€746€1,425€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€5,654€18,551€39,885€56,812€73,770€69,906€57,146▼ 18.3%
Amounts payable17/49€6,137€9,228€23,761€29,537€11,980€17,576€5,440▼ 69.0%
Amounts payable within one year42/48€6,137€9,228€23,761€29,537€11,980€17,576€5,440▼ 69.0%
Trade debts44€1,552€1,636€16,344€19,306€1,187€7,969€5,222▼ 34.5%
Suppliers440/4--€16,344€19,306€1,187€7,969€5,222▼ 34.5%
Taxes, remuneration and social security45--€7,417€10,231€10,792€9,607€210▼ 97.8%
Taxes450/3--€7,417€10,231€10,792€9,607€210▼ 97.8%
Other amounts payable47/48------€7-
Line2018201920202021202220232024Change
Profit (loss) for the period9904€2,040€13,576€21,770€16,927€16,957-€3,864-€12,760▼ 230%
+ Depreciation and write-downs630€3,730€7,341€9,985€11,222€8,589€8,722€9,251▲ 6.1%
Operating cash flow (approximation)€5,770€20,917€31,755€28,149€25,546€4,858-€3,509-
Investment in fixed assets (approximation)--€7,099-€20,000-€16,933€5,900-€50,256€0-
Change in cash-€2,497€1,103-€7,915-€4,575€2,210-€3,453-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 07-10-2025 2025-00536678
31-12-2023 micro format 17-06-2025 2025-00143683
31-12-2022 micro format 10-10-2023 2023-00482783
31-12-2021 micro format 18-10-2022 2022-20464571
31-12-2020 micro format 09-05-2022 2022-20022955
31-12-2019 micro format 26-11-2020 2020-71900578
31-12-2018 micro format 14-10-2019 2019-69800347
31-12-2017 micro format 30-09-2018 2018-67600171
31-12-2016 micro format 30-09-2018 2018-67600170
31-12-2015 abbreviated format 30-09-2018 2018-67600173

Show all 11 filings

Similar companies · same sector, comparable size

Of the 2,561 active companies whose main activity is retail sale of household furniture (NACE 47551), figures are known for 1,724. 1,280 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.