ESMAEL
ActiveESMAEL has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €15k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 37% of 4407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+30
Solvency17▼-30
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.59 in 2024), and 88.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.7%
Return on assets
3.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
20 d early
2023
13 d late
2022
31 d late
2021
2 d late
2020
18 d late
2019
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 53.5%
2024 · €99k
2020: €102k
2021: €89k
2022: €92k
2023: €97k
2024: €99k
2020 → 2025
Total assets
€395k▼ 6.2%
2024 · €421k
2020: €489k
2021: €512k
2022: €484k
2023: €455k
2024: €421k
2020 → 2025
Net result
€15k▲ 6.9%
2024 · €14k
2020: €20k
2021: €40k
2022: €8k
2023: €9k
2024: €14k
2020 → 2025
Working capital
€-10k
2024 · €49k
2020: €105k
2021: €58k
2022: €55k
2023: €54k
2024: €49k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€89k-€92k▲ 3.1%€97k▲ 5.6%€99k▲ 2.5%€46k▼ 53.5%
Operating result€66k-€20k▼ 69.6%€27k▲ 36.4%€33k▲ 19.5%€35k▲ 6.2%
Net result€40k-€8k▼ 80.7%€9k▲ 14.8%€14k▲ 56.1%€15k▲ 6.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395k
Fixed assets
€264k▼ 8.9%
Current assets
€131k▼ 0.2%
Equity and liabilities €395k
Equity
€46k▼ 53.5%
Debt
€349k▲ 8.3%
The debt ratio rises from 76.5% to 88.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€61k▲
2024 · €60k
Cash flow
€41k▼
2024 · €41k
Solvency
11.7%▼
2024 · 23.5%
Current ratio
0.93▼
2024 · 1.59
Quick ratio
0.90▼
2024 · 1.52
Debt / equity
7.58▲
2024 · 3.25
ROE
32.2%▲
2024 · 14.0%
ROA
3.8%▲
2024 · 3.3%
Interest coverage
3.73▼
2024 · 3.93
Debt
€349k▲
2024 · €322k
Debt ≤ 1 year
€141k▲
2024 · €83k
Debt > 1 year
€208k▼
2024 · €239k
Income taxes
€6k▲
2024 · €5k
Staff costs
€45k▼
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€421k€395k▼
Fixed assets
21/28€290k€264k▼
Tangible fixed assets
22/27€289k€263k▼
Financial fixed assets
28€446€446=
Current assets
29/58€132k€131k▼
Stocks & contracts in progress
3€6k€5k▼
Amounts receivable within one year
40/41€30k€42k▲
Investments
50/53€21k€25k▲
Cash & bank
54/58€72k€58k▼
Total equity & liabilities
10/49€421k€395k▼
Equity
10/15€99k€46k▼
Contributions / capital
10/11€6k€6k=
Reserves
13€92k€39k▼
Accumulated profits (losses)
14€374€374=
Amounts payable
17/49€322k€349k▲
Amounts payable after one year
17€239k€208k▼
Amounts payable within one year
42/48€83k€141k▲
Trade debts payable within one year
44€2k€11k▲
Income statement
Code20242025
Gross operating margin
9900€118k€109k▼
Operating result
9901€33k€35k▲
Financial income
75€2k€2k▲
Financial charges
65€15k€16k▲
Result before taxes
9903€19k€21k▲
Income taxes
67/77€5k€6k▲
Net result for the period
9904€14k€15k▲
Result to be appropriated
9905€14k€15k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
15-07
State Gazette act
Director changes
Anne Callewaert
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €8k ▼80.7%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Highest result since 2020net €40k ▲98.7%
Operating result €66k, net result €40k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 21,679 companies in sector 96210 we hold annual accounts for 2,677. 2,074 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-1998
Fiscal year end31-12
Activities, NACEBEL
93021
96021Hairdressing
96210Hairdressing and barber services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-08-2026. Scores and ratios are computed by Checked and are not a credit decision.