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ESPES

Active Private limited companyfounded 2001active for 25 yearsBraambeziënlaan 33, 1180 UccleKBO/BCE: BE 0475.769.657

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €412,541 (2024)
€337,058▼ 18.3%
lowest -€12,760 (2018)
€228,341▼ 9.1%
peak €924,259 (2025)
€924,259▲ 29.3%
€75,447▲ 30.9%
Board1 name since 2001
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €412,541 to €337,058Dividend €19,000Equity from €714,919 to €924,259Debts from €57,635 to €75,447Cash from €304,370 to €443,730

Key points

from the 2025 annual accounts

Equity

€924,259 ▲ 29.3%

ESPES has made a profit without a break since 2019.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

Nine of the last ten came late. The 2016 accounts came latest: 29 days after the end of the period.

Position in the sector

€228,341

Higher net result than 95% of companies in advertising and market research. Sector median €14,764 · 8,615 companies.

Checked score

98
Excellent
Financially stronger than 83% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 92.5% of total assets
100+1short-term debt 7.5% · cash 44.4%
97-3return on assets 22.8%

Score breakdown

lowers risk
Liquidity: current ratio 13.06, cash €443,730
Equity €924,259 (92.5% of total assets)
Size: total assets €999,707
Figures for financial year 2025 (filed on 27-08-2026)
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 87% of them on solvency, 97% on liquidity, 74% on profitability and 76% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as ESPES has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of ESPES itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for ESPES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €90,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 13.06 (14.49 in 2024), above the usual 1.5. Short-term debt is 7.5% and cash 44.4% of total assets. 7.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 13.06, cash €443,730
NBB · annual accounts
lowers risk · Equity €924,259 (92.5% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €999,707
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filings
Deviation from the deadline
2025
27 days late
2024
on the day
2023
27 days late
2022
8 days late
2021
24 days late
2020
9 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PS
Director, since 26-09-2001
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0475769657
Reappointment: PAPALEXIOU Sophie (director) “Toutes activités de conseil,gestion,assistance technique et formation dans les domaines économiques,politiques…” (deed in French) · Registered office clause: Avenue des Mûres 33 boîte 2, 1180 Uccle · General meeting of 28-11-2023 · Gazette deed
First establishment Braambeziënlaan 33, Uccle
Incorporation published on 17-10-2001 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
ESPES Uccle €1.0m €337,058 92.5% -
MACMAHON HUMAN CAPITAL Etterbeek €1.0m €322,303 61.8% -
Het DENKhuis Ostend €1.1m €280,689 -2.9% 2.8
T - SERVICES Uccle €1.2m €245,434 52.3% -
INSTITUT MUSULMAN DES VIANDES ET DE L'AGRO - ALIMENTAIRE Woluwe-Saint-Pierre €0.7m €273,194 33.8% 3.7
ASD-STAN Etterbeek €0.8m €222,824 87.5% 1
LEADERMAN Woluwe-Saint-Pierre €0.8m €353,054 50.3% -

These companies have the same main activity as ESPES: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €651,000 and €1.2m, founded between 1997 and 2004.

Official details

Source: KBO
Status
Active since 04-10-2001Normal situation
Activity
Market research and public opinion pollingNACE 73200and 2 others
Establishment unit
2.098.554.4181180 Uccle, since 12-11-2001
Financial year end
31 December
Peppol
Reachable since 07-12-2025
Company details

Annual accounts 2025

≈ €650,000estimated
€999,707▲ 29.4%
Filing
Filed on 27-08-2026
Financials

Insights on ESPES

ESPES files the micro format. That format states no turnover. The gross margin rose from €23,110 in 2006 to €337,058 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ESPES

What is the company number of ESPES?
The company number of ESPES is 0475.769.657. The VAT number is the same number with BE in front: BE 0475.769.657.
Where is ESPES based?
The registered office is at Braambeziënlaan 33, 1180 Uccle.Company details
What does ESPES do?
According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of ESPES?
ESPES is a private limited company (BV).
When was ESPES founded?
ESPES was founded on 04-10-2001.
Is ESPES still active?
Yes, ESPES is an active enterprise in the KBO register.
What is the turnover of ESPES?
The turnover in financial year 2025 is ≈ €650,000. This figure is estimated from the gross margin of €337,058 and 46 comparable companies (NACE 73). It probably lies between €450,000 and €840,000.Financials
Is ESPES profitable?
In financial year 2025, ESPES made a profit of €228,341.
Where can I find the annual accounts of ESPES?
ESPES filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ESPES due?
ESPES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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