ESM Development Projects BV

Active

Private limited companyfounded 2025active for 1 yearDiestsestraat 213, 3000 Leuven, BelgiumKBO/BCE: BE 1021.565.495

Summary

ESM Development Projects BV has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292,163 and a net result of -€23,837. Its solvency ranks better than 54% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

ESM Development Projects BVActiveChecked score 88/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased non-residential real estate, excluding land

NACE 68203

1 site

Size

€865,093total assets 2025

Equity: €292,163
Loss: -€23,837

Turnover not published (micro format)

Financial health

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

DARA MasoudDirector

2025 accounts filed 28 days late

Why 88raises riskFounded in 2025lowers riskSize: total assets €865,093Sector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 28-08-2026)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 43% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength

Weak

Solvency 59

equity 33.8% of total assets

Liquidity 53

short-term debt 2.2% · cash 2.2%

Profitability 15

return on assets -2.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)

Last 24 months 04-2026: 0.7% 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €25,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity ample (current ratio 1.96, above the usual 1.5; short-term debt: 2.2% and cash: 2.2% of total assets), but 66.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 52% on solvency, 61% on liquidity and 17% on profitability.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Size: total assets €865,093

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 28-08-2026)

NBB · annual accounts

2025 accounts filed 28 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2025

28 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

09-09-2026 Amendment of the articlesCapital contribution · Share issue
28-08-2026 Annual accounts filedfinancial year 2025 · micro…
23-01-2026 Capital & sharesAuditor report · Capital contribution…

Key points

Caution: Among the weakest 15% on net resultsector median €6,030 · 17,047 companies -€23,837 View
One director decidessole director in office 1 View
Total assets 2025first financial year filed €865,093 View

By topic

Financials

Financial year: 2025
Total assets: €865,093
Loss: -€23,837
Solvency: 33.8%

Go to Financials

Board & ownership

Board: 1 member

DARA MasoudDirector

Go to Board & ownership

Timeline

Events: 4
Since: 2025

31-03-2025Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Renting and operating of own or leased non-residential…NACE 68203
Founded: 27-03-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 17

Annual meeting: First Thursday of June at 20:00
Purpose: “Managementactiviteiten van holdings:tussenkomen in het dagelijks bestuur,vertegenwoordigen…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about ESM Development Projects BV

What is the company number of ESM Development Projects BV?: 1021.565.495. In Belgium the VAT number is the company number with BE in front: BE 1021.565.495.
Where is ESM Development Projects BV based?: The registered office is at Diestsestraat 213, 3000 Leuven.Company details
What does ESM Development Projects BV do?: According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of ESM Development Projects BV?: Private limited company (BV).
When was ESM Development Projects BV founded?: On 27-03-2025.
Is ESM Development Projects BV still active?: Yes, ESM Development Projects BV is an active enterprise in the KBO register.
What is the turnover of ESM Development Projects BV?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ESM Development Projects BV profitable?: In financial year 2025, ESM Development Projects BV made a loss of €23,837.
Where can I find the annual accounts of ESM Development Projects BV?: ESM Development Projects BV filed 1 annual account with the National Bank of Belgium, for financial year 2025.