ESM PROPERTY

Active

Private limited companyfounded 2024active for 2 yearsRue des Brigades d'Irlande 35, 6010 Charleroi, BelgiumKBO/BCE: BE 1012.941.702

Summary

ESM PROPERTY has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,606 and a net result of -€17,394. Its solvency ranks better than 85% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Risk analysisFollow Report Compare

ESM PROPERTYActiveChecked score 63/100

Risk analysis Report Compare

Activity

Buying and selling of own real estate

NACE 68110

1 site

Size

€85,146total assets 2025

Equity: €67,606
Loss: -€17,394

Turnover not published (micro format)

Financial health

63 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.5%

Structure

HEYLIGEN WendyDirector
Ümmet ALTUNDirector

Auditor: Olivier FREZIN2025 accounts filed 31 days late

Why 63raises riskLiquidity: current ratio 0.29, cash €41Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskSector: Real estate activities (NACE 68)Equity €67,606 (79.4% of total assets)Show the evidence

Checked score

Score 2025

63 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 44% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength

Average

Solvency 100

equity 79.4% of total assets

Liquidity 43

short-term debt 20.6% · cash 0.0%

Profitability 0

return on assets -20.4%

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,613 companies, NACE 68, micro)

Last 24 months 09-2025: 0.6%lowest value 10-2025: 0.6%● unchanged vs 09-2025lowest value 11-2025: 0.7%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.2 percentage points vs 07-2026 09-2026: 1.5%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.5%● unchanged vs 09-2026

Credit of up to €4,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.29, below 1; short-term debt: 20.6% and cash: 0% of total assets), and 20.6% 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 91% on solvency, 37% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises risk

Sector: Real estate activities (NACE 68)

KBO

Liquidity: current ratio 0.29, cash €41

NBB · annual accounts

Last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

Equity €67,606 (79.4% of total assets)

NBB · annual accounts

Young company

Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.

KBO · incorporation date

Age against the risk zone

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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

31 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

16-10-2026 Appointment: Ümmet ALTUN (director)Gazette deed
31-08-2026 Annual accounts filedfinancial year 2025 · micro…
02-09-2024 IncorporationAppointments: Olivier FREZIN (réviseur d'entreprises)…

Key points

Caution: Among the weakest 18% on net resultsector median €6,035 · 17,023 companies -€17,394 View
New directorlatest change 12-10-2026 · 2 in office 1 joined View
Total assets 2025first financial year filed €85,146 View

By topic

Financials

Financial year: 2025
Total assets: €85,146
Loss: -€17,394
Solvency: 79.4%

Go to Financials

Board & ownership

Board: 2 members
Auditor: Olivier FREZIN

HEYLIGEN WendyDirector
Ümmet ALTUNDirector

Go to Board & ownership

Timeline

Events: 3
Since: 2024

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Buying and selling of own real estateNACE 68110
Founded: 29-08-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Who signs: Each director alone
Annual meeting: 15 June at 18:00
Purpose: “Aux opérations d'achat, de vente, de promotion, de location, d'exploitation, de gestion…” (deed in French)

Go to Articles of association

Key facts about ESM PROPERTY

What is the company number of ESM PROPERTY?: 1012.941.702. In Belgium the VAT number is the company number with BE in front: BE 1012.941.702.
Where is ESM PROPERTY based?: The registered office is at Rue des Brigades d'Irlande 35, 6010 Charleroi.Company details
What does ESM PROPERTY do?: According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of ESM PROPERTY?: Private limited company (BV).
When was ESM PROPERTY founded?: On 29-08-2024.
Is ESM PROPERTY still active?: Yes, ESM PROPERTY is an active enterprise in the KBO register.
What is the turnover of ESM PROPERTY?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ESM PROPERTY profitable?: In financial year 2025, ESM PROPERTY made a loss of €17,394.
Where can I find the annual accounts of ESM PROPERTY?: ESM PROPERTY filed 1 annual account with the National Bank of Belgium, for financial year 2025.