ESM Development Projects BV

Active

Private limited companyfounded 20251 yr activeDiestsestraat 213, 3000 Leuven, BelgiumKBO/BCE: BE 1021.565.495

ESM Development Projects BV has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €-24k. Its solvency ranks better than 53% of 13898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2025

48 / 100

Fair

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability0

Solvency74

Growth-

Stability67

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days only on tighter terms

Liquidity ample (current ratio 1.96), but 66.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2025

28 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€292k

Total assets

€865k

Net result

€-24k

Working capital

€18k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €865k

95.8%

Fixed assets €828k

Current assets €37k

Equity and liabilities €865k

33.8%

66.2%

Equity €292k

Debt €573k

Debt finances 66.2% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€-8k

Cash flow

€-12k

Solvency

33.8%

Current ratio

1.96

Quick ratio

1.96

Debt / equity

1.96

ROE

-8.2%

ROA

-2.8%

Interest coverage

-2.36

Debt

€573k

Debt ≤ 1 year

€19k

Debt > 1 year

€554k

Income taxes

€111

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€865k

Fixed assets21/28€828k

Tangible fixed assets22/27€828k

Land and buildings22€756k

Furniture and vehicles24€72k

Current assets29/58€37k

Amounts receivable within one year40/41€17k

Trade receivables40€9k

Other amounts receivable41€8k

Cash at bank and in hand54/58€19k

Equity and liabilities

Total equity and liabilities10/49€865k

Equity10/15€292k

Contributions10/11€316k

Profit (loss) carried forward14€-24k

Amounts payable17/49€573k

Amounts payable after more than one year17€554k

Financial debts170/4€554k

Amounts payable within one year42/48€19k

Current portion of amounts payable after more than one year42€13k

Taxes, remuneration and social security45€111

Taxes450/3€111

Other amounts payable47/48€6k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k

Gross operating margin9900€-8k

Operating profit (loss)9901€-20k

Financial charges65/66B€4k

Recurring financial charges65€4k

Profit (loss) for the period before taxes9903€-24k

Income taxes67/77€111

Profit (loss) for the period9904€-24k

Profit (loss) for the period to be appropriated9905€-24k

Appropriation of the result

Profit (loss) to be appropriated9906€-24k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Gazette 1Filings 1

2026

09-09

State Gazette act Statutes amendment

Share issue · Real estate · Statutes amendment6 facts ▸

Share issue, 5940, inbreng
Share issue, 16560, inbreng
Real estate, Handelspand op het gelijkvloers, Zandstraat 70/72, Herentals, sectie F nummer 269V P0000, partitienummer F 269 Z P0006
Real estate, Berging nummer 3 in kelderverdieping, Zandstraat 70/72, Herentals, partitienummer F 269 Z P0005
Statutes amendment
Capital

28-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 28 days late

State Gazette actNBB filing