ESMERALDA
ActiveESMERALDA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-252k) and a net result of €-9k. Equity is shrinking by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.03 in 2023; cash: 80.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Return on assets
-49.8%
Age of the figures
21 mo
lowers risk · 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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-252k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
20 d early
2022
26 d early
2021
1 d late
2020
25 d early
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-252k▼ 3.8%
2023 · €-243k
2018: €88k
2019: €-82k
2020: €-119k
2021: €-170k
2022: €-233k
2023: €-243k
2018 → 2024
Total assets
€19k▲ 148%
2023 · €8k
2018: €2.99M
2019: €300k
2020: €149k
2021: €72k
2022: €28k
2023: €8k
2018 → 2024
Net result
€-9k▲ 10.2%
2023 · €-10k
2018: €279k
2019: €-170k
2020: €-37k
2021: €-50k
2022: €-63k
2023: €-10k
2018 → 2024
Working capital
€-224k▼ 4.3%
2023 · €-215k
2018: €239k
2019: €-64k
2020: €-100k
2021: €-150k
2022: €-205k
2023: €-215k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-119k-€-170k▼ 42.1%€-233k▼ 37.1%€-243k▼ 4.5%€-252k▼ 3.8%
Operating result€-37k-€-50k▼ 35.8%€-63k▼ 25.0%€-10k▲ 83.9%€-9k▲ 10.0%
Net result€-37k-€-50k▼ 35.6%€-63k▼ 25.3%€-10k▲ 83.5%€-9k▲ 10.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19k
Fixed assets
€1k=
Current assets
€17k▲ 181%
Key figures and ratios
Current ratio
0.07▲
2023 · 0.03
Quick ratio
0.07▲
2023 · 0.03
Debt / equity
-1.07▼
2023 · -1.03
ROA
-49.8%▲
2023 · -137.3%
Debt
€271k▲
2023 · €250k
Debt ≤ 1 year
€242k▲
2023 · €221k
A ratio outside any meaningful range has been withheld (balance sheet total €19k, equity €-252k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€8k€19k▲
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€6k€17k▲
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€454€454=
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€2k€15k▲
Equity and liabilities
Total equity and liabilities10/49€8k€19k▲
Equity10/15€-243k€-252k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-311k€-320k▼
Amounts payable17/49€250k€271k▲
Amounts payable within one year42/48€221k€242k▲
Trade debts44€73€569▲
Suppliers440/4€73€569▲
Other amounts payable47/48€221k€241k▲
Accrued charges and deferred income492/3€29k€29k=
Income statement
Code20232024
Other operating charges640/8€9k€449▼
Gross operating margin9900€-2k€-9k▼
Operating profit (loss)9901€-10k€-9k▲
Financial charges65/66B€306€251▼
Recurring financial charges65€306€251▼
Profit (loss) for the period before taxes9903€-10k€-9k▲
Profit (loss) for the period9904€-10k€-9k▲
Profit (loss) for the period to be appropriated9905€-10k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-311k€-320k▼
Profit (loss) brought forward from the previous period14P€-301k€-311k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-170k ▼161%
Net result drops to €-170k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Hasselt · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kolonel Dusartplein 203500 HasseltGround area
789 m²
Building footprint
257 m²
Volume, LiDAR
3,851 m³
Parcel 71022H0530/00R003, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ESMERALDA
since 20162.252.781.547
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0530/00R003 | Flanders | 789 m² | 1 · 257 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Kempense Woonprojecten
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VGS DEVELOPMENT
BE 0465.687.102
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1000BriX
BE 0739.972.121
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Bossuyt Invest
BE 0800.062.631
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ZET-PROJECTS
BE 0782.627.078
Diepenbeek · Eq €88k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 5,283 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-03-2016
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.