ESP SOLUTIONS
ActiveSummary
ESP SOLUTIONS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,269 and a net result of €25,226. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 7564 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-43
Solvency32▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.96 in 2024; short-term debt: 93.4% and cash: 0.8% of total assets), and 93.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7564 sector peers (2025).
NBB · sector comparisonPosition among 7564 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-03-2026, 46 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
46 d late
2024
457 d late
2023
6 d late
2022
20 d late
2021
385 d late
2020
101 d late
2019
467 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 212 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2025, micro schema
In the rankings
#9 oldest company in Genk, Construction sector
Equity
€22,269
2024 · -€2,957
Total assets
€339,659▲ 341%
2024 · €76,973
Net result
€25,226▲ 33.8%
2024 · €18,856
Working capital
€22,269
2024 · -€2,957
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€22,521▼ 3,436%€6,231€9,694▲ 55.6%€23,570▲ 143%€25,258▲ 7.2%
Net result-€22,540▼ 3,567%€6,180€7,554▲ 22.2%€18,856▲ 150%€25,226▲ 33.8%
Equity-€35,547▼ 173%-€29,367▲ 17.4%-€21,813▲ 25.7%-€2,957▲ 86.4%€22,269
Total assets€64,300▲ 19.1%€25,501▼ 60.3%€44,689▲ 75.2%€76,973▲ 72.2%€339,659▲ 341%
Debt€99,847▲ 49.0%€54,868▼ 45.0%€66,502▲ 21.2%€79,931▲ 20.2%€317,390▲ 297%
Working capital-€46,197▼ 206%-€37,006▲ 19.9%-€26,441▲ 28.5%-€2,957▲ 88.8%€22,269
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €339,659
Equity
€22,269
Debt
€317,390
Debt finances 93.4% of the balance-sheet total.
Key figures and ratios
Current ratio
1.07▲
2024 · 0.96
Debt to equity
14.25▲
2024 · -27.03
ROE
113.3%
ROA
7.4%▼
2024 · 24.5%
Debt ≤ 1 year
€317,390▲
2024 · €79,931
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 926 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 926 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,496 | €33,447 | €52,352 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,011 | €3,011 | €3,011 | - | - | - |
| Other operating charges640/8 | €191 | - | €994 | - | €181 | - |
| Non-recurring operating charges66A | - | - | - | €4,628 | - | - |
| Gross operating margin9900 | -€17,822 | €42,689 | €66,051 | €28,198 | €25,438 | ▼ 9.8% |
| Operating profit (loss)9901 | -€22,521 | €6,231 | €9,694 | €23,570 | €25,258 | ▲ 7.2% |
| Financial charges65/66B | €19 | €51 | €2,141 | - | €32 | - |
| Recurring financial charges65 | €19 | €51 | €2,141 | - | €32 | - |
| Profit (loss) for the period before taxes9903 | -€22,540 | €6,180 | €7,554 | €23,570 | €25,226 | ▲ 7.0% |
| Income taxes67/77 | - | - | - | €4,714 | - | - |
| Profit (loss) for the period9904 | -€22,540 | €6,180 | €7,554 | €18,856 | €25,226 | ▲ 33.8% |
| Profit (loss) for the period to be appropriated9905 | -€22,540 | €6,180 | €7,554 | €18,856 | €25,226 | ▲ 33.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,300 | €25,501 | €44,689 | €76,973 | €339,659 | ▲ 341% |
| Fixed assets21/28 | €10,651 | €7,639 | €4,628 | - | - | - |
| Tangible fixed assets22/27 | €10,651 | €7,639 | €4,628 | - | - | - |
| Plant, machinery and equipment23 | €1,394 | €697 | - | - | - | - |
| Furniture and vehicles24 | €9,256 | €6,942 | €4,628 | - | - | - |
| Current assets29/58 | €53,650 | €17,862 | €40,061 | €76,973 | €339,659 | ▲ 341% |
| Amounts receivable within one year40/41 | €12,959 | €17,504 | €39,953 | €76,866 | €336,595 | ▲ 338% |
| Trade receivables40 | €8,955 | €17,395 | €30,905 | - | €336,595 | - |
| Other amounts receivable41 | €4,004 | €109 | €9,049 | €76,866 | - | - |
| Cash at bank and in hand54/58 | €40,691 | €358 | €107 | €107 | €2,806 | ▲ 2,523% |
| Deferred charges and accrued income490/1 | - | - | - | - | €258 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,300 | €25,501 | €44,689 | €76,973 | €339,659 | ▲ 341% |
| Equity10/15 | -€35,547 | -€29,367 | -€21,813 | -€2,957 | €22,269 | ▲ 853% |
| Contributions10/11 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Capital10 | €12,395 | €12,395 | €12,395 | - | - | - |
| Issued capital100 | €18,592 | €18,592 | €18,592 | - | - | - |
| Uncalled capital101 | €6,197 | €6,197 | €6,197 | - | - | - |
| Reserves13 | €63,977 | €63,977 | €63,977 | €63,977 | €63,977 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | - | - | - |
| Legal reserve130 | €1,859 | €1,859 | €1,859 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €1,859 | - | - |
| Distributable reserves133 | €62,118 | €62,118 | €62,118 | €62,118 | €63,977 | ▲ 3.0% |
| Profit (loss) carried forward14 | -€111,918 | -€105,738 | -€98,185 | -€79,329 | -€54,103 | ▲ 31.8% |
| Amounts payable17/49 | €99,847 | €54,868 | €66,502 | €79,931 | €317,390 | ▲ 297% |
| Amounts payable within one year42/48 | €99,847 | €54,868 | €66,502 | €79,931 | €317,390 | ▲ 297% |
| Trade debts44 | €55,700 | €399 | €11,437 | - | €310,990 | - |
| Suppliers440/4 | €55,700 | €399 | €11,437 | - | €310,990 | - |
| Taxes, remuneration and social security45 | - | €9,023 | €2,246 | €5,459 | €4,714 | ▼ 13.7% |
| Taxes450/3 | - | - | - | €5,459 | €4,714 | ▼ 13.7% |
| Remuneration and social security454/9 | - | €9,023 | €2,246 | - | - | - |
| Other amounts payable47/48 | €44,146 | €45,446 | €52,820 | €74,471 | €1,686 | ▼ 97.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,540 | €6,180 | €7,554 | €18,856 | €25,226 | ▲ 33.8% |
| + Depreciation and write-downs630 | €3,011 | €3,011 | €3,011 | - | - | - |
| Operating cash flow (approximation) | -€19,529 | €9,191 | €10,565 | €18,856 | €25,226 | ▲ 33.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€40,333 | -€251 | -€0 | €2,699 | ▲ 999,778% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 457 days late
2025
30-06
Financial
Highest result since 2019net €25,226 ▲33.8%
Operating result €25,258, net result €25,226, both a record.
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 385 days late
30-04
Financial
Back to profitnet €6,180
Net result €6,180 after 3 loss-making years.
2021
30-04
Financial
Weakest financial yearnet -€22,540
Net result drops to -€22,540, the lowest in the series; recovery starts the following year.
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 467 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 832 days late
2004
24-03
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 115 days late
2003
17-07
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema · 229 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Genk · 1 establishment unit since 1986
Ground area
2,247 m²
Building footprint
1,340 m²
Volume, LiDAR
14,911 m³
2 parcels, Flanders · tallest building 32.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PRUYMBOOM INTERNATIONAL
since 19862.035.184.516
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I0560/00C000 | Flanders | 1,704 m² | 1 · 1,214 m² | 32.3 m · 1 fl. |
| 71502C0515/00K000 | Flanders | 543 m² | 1 · 127 m² | 5.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 11,804 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-08-1986
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429294977
Also
9925:BE0429294977
Registered
13-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.