ESM GROUP

Active

Private limited companyfounded 20215 yrs activeLéon Daumeriestraat 16, 1120 Brussel, BelgiumKBO/BCE: BE 0769.556.131

Summary

The computed 12-month bankruptcy probability of ESM GROUP is 10.0% (high). The latest annual accounts of ESM GROUP were filed more than 90 days after the deadline. The 2021 annual accounts show equity of €8,001 and a net result of €6,001. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

ESM GROUPActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: High

Filing: Filed more than 90 days late

Axes, FY 2021

Profitability100

Solvency58

Growth-

Track record79

Bankruptcy probability, 12 months

10.0% High

0%0.5%1.5%4%10%≥ 25%

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Signals

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

+raises risk

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2021

Solvency, return and age of the figures

Solvency

33.3%

Return on assets

25%

Age of the figures

57 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed more than 90 days late

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-11-2022, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 1 filing

Deviation from the deadline

2021

101 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2021 accounts 101 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (1)

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

History

ESM GROUP was incorporated on 10 June 2021 as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2021.²

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Financials · fiscal year 2021, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€6,001

Working capital

-€8,511

Balance-sheet composition

Assets €24,005

68.8%

31.2%

Fixed assets €16,511

Current assets €7,494

Equity and liabilities €24,005

33.3%

66.7%

Equity €8,001

Debt €16,005

Debt finances 66.7% of the balance-sheet total.

Key figures and ratios

2021 value

EBITDA

€9,513

Cash flow

€9,489

Current ratio

0.47

Debt to equity

2.00

ROE

75.0%

ROA

25.0%

Interest coverage

391.02

Debt ≤ 1 year

€16,005

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2021 · 27 lines

Balance sheet Code2021

Assets

Total assets20/58€24,005

Fixed assets21/28€16,511

Tangible fixed assets22/27€16,511

Furniture and vehicles24€16,511

Current assets29/58€7,494

Amounts receivable within one year40/41€7,442

Trade receivables40€7,285

Other amounts receivable41€157

Cash at bank and in hand54/58€52

Equity and liabilities

Total equity and liabilities10/49€24,005

Equity10/15€8,001

Contributions10/11€2,000

Profit (loss) carried forward14€6,001

Amounts payable17/49€16,005

Amounts payable within one year42/48€16,005

Trade debts44€16,005

Suppliers440/4€16,005

Income statement Code2021

Goods, raw materials, services and sundry goods60/61€2,421

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,489

Gross operating margin9900€9,513

Operating profit (loss)9901€6,025

Financial charges65/66B€24

Recurring financial charges65€24

Profit (loss) for the period before taxes9903€6,001

Profit (loss) for the period9904€6,001

Profit (loss) for the period to be appropriated9905€6,001

Appropriation of the result

Profit (loss) to be appropriated9906€6,001

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

Line	2021
Goods, raw materials, services and sundry goods60/61	€2,421
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€3,489
Gross operating margin9900	€9,513
Operating profit (loss)9901	€6,025
Financial charges65/66B	€24
Recurring financial charges65	€24
Profit (loss) for the period before taxes9903	€6,001
Profit (loss) for the period9904	€6,001
Profit (loss) for the period to be appropriated9905	€6,001

Line	2021
Assets
Total assets20/58	€24,005
Fixed assets21/28	€16,511
Tangible fixed assets22/27	€16,511
Furniture and vehicles24	€16,511
Current assets29/58	€7,494
Amounts receivable within one year40/41	€7,442
Trade receivables40	€7,285
Other amounts receivable41	€157
Cash at bank and in hand54/58	€52
Equity and liabilities
Total equity and liabilities10/49	€24,005
Equity10/15	€8,001
Contributions10/11	€2,000
Profit (loss) carried forward14	€6,001
Amounts payable17/49	€16,005
Amounts payable within one year42/48	€16,005
Trade debts44	€16,005
Suppliers440/4	€16,005

Line	2021
Profit (loss) for the period9904	€6,001
+ Depreciation and write-downs630	€3,489
Operating cash flow (approximation)	€9,489

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

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Timeline · acts, filings and financial milestones

All 1Filings 1

2022

09-11

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 101 days late

NBB filing

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Brussel

exact location from the address register On OpenStreetMap

Ground area

367 m²

Building footprint

78 m²

Parcel 21819B0067/00E008, Brussels. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21819B0067/00E008	Brussels	367 m²	1 · 78 m²	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Identification & contact

Identification

Legal formPrivate limited company

Founded10-06-2021

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.