ESPM Services
ActiveSummary
ESPM Services has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337k and a net result of €132k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.95 against 1.72 in 2024; short-term debt: 12.2% and cash: 46.5% of total assets), and 12.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
87.8%
Return on assets
34.5%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
107 d early
2023
37 d early
2022
31 d early
2021
39 d early
2020
12 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€337k▲ 64.6%
2024 · €205k
2018: €88klowest in 8 years
2019: €133k▲ +52.4% vs 2018
2020: €175k▲ +30.9% vs 2019
2021: €203k▲ +16.2% vs 2020
2022: €187k▼ -7.8% vs 2021
2023: €166k▼ -11.2% vs 2022
2024: €205k▲ +23.1% vs 2023
2025: €337k▲ +64.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€384k▲ 38.7%
2024 · €277k
2018: €318k
2019: €371k▲ +16.8% vs 2018
2020: €448k▲ +20.8% vs 2019highest in 8 years
2021: €402k▼ -10.3% vs 2020
2022: €370k▼ -7.8% vs 2021
2023: €298k▼ -19.6% vs 2022
2024: €277k▼ -7.1% vs 2023lowest in 8 years
2025: €384k▲ +38.7% vs 2024
2018 → 2025
Net result
€132k▲ 56.9%
2024 · €84k
2018: €-5k
2019: €61k▲ +1235% vs 2018
2020: €41k▼ -32.2% vs 2019
2021: €35k▼ -15.3% vs 2020
2022: €-16k▼ -145% vs 2021
2023: €-21k▼ -32.4% vs 2022lowest in 8 years
2024: €84k▲ +504% vs 2023
2025: €132k▲ +56.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€185k▲ 259%
2024 · €52k
2018: €-74klowest in 8 years
2019: €-63k▲ +14.4% vs 2018
2020: €18k▲ +128% vs 2019
2021: €-45k▼ -355% vs 2020
2022: €-36k▲ +18.9% vs 2021
2023: €-13k▲ +63.8% vs 2022
2024: €52k▲ +492% vs 2023
2025: €185k▲ +259% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€203k-€187k▼ 7.8%€166k▼ 11.2%€205k▲ 23.1%€337k▲ 64.6%
2021: €203k
2022: €187k▼ -7.8% vs 2021
2023: €166k▼ -11.2% vs 2022lowest in 5 years
2024: €205k▲ +23.1% vs 2023
2025: €337k▲ +64.6% vs 2024highest in 5 years
Operating result€60k-€-14k€-19k▼ 38.1%€121k€201k▲ 65.2%
2021: €60k
2022: €-14k▼ -123% vs 2021
2023: €-19k▼ -38.1% vs 2022lowest in 5 years
2024: €121k▲ +740% vs 2023
2025: €201k▲ +65.2% vs 2024highest in 5 years
Net result€35k-€-16k€-21k▼ 32.4%€84k€132k▲ 56.9%
2021: €35k
2022: €-16k▼ -145% vs 2021
2023: €-21k▼ -32.4% vs 2022lowest in 5 years
2024: €84k▲ +504% vs 2023
2025: €132k▲ +56.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 65% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€152k ▼ 0.7%
Current assets
€232k ▲ 87.7%
Equity and liabilities €384k
Equity
€337k ▲ 64.6%
Debt
€47k ▼ 34.9%
Debt's share of the balance-sheet total falls from 26.0% to 12.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€228k▲
2024 · €148k
Cash flow
€160k▲
2024 · €111k
Current ratio
4.95▲
2024 · 1.72
Debt to equity
0.14▼
2024 · 0.35
ROE
39.2%▼
2024 · 41.2%
ROA
34.5%▲
2024 · 30.5%
Interest coverage
2307.25▲
2024 · 495.95
Debt ≤ 1 year
€47k▼
2024 · €72k
Income taxes
€69k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€277k€384k▲
Fixed assets21/28€153k€152k▼
Tangible fixed assets22/27€153k€152k▼
Land and buildings22€153k€151k▼
Plant, machinery and equipment23-€2k
Current assets29/58€124k€232k▲
Amounts receivable within one year40/41€33k€53k▲
Trade receivables40€25k€53k▲
Other amounts receivable41€8k-
Cash at bank and in hand54/58€91k€179k▲
Deferred charges and accrued income490/1€171€221▲
Equity and liabilities
Total equity and liabilities10/49€277k€384k▲
Equity10/15€205k€337k▲
Contributions10/11€12k€12k=
Reserves13€192k€325k▲
Tax-exempt reserves132€64€64=
Distributable reserves133€192k€325k▲
Amounts payable17/49€72k€47k▼
Amounts payable within one year42/48€72k€47k▼
Trade debts44€14k€3k▼
Suppliers440/4€14k€3k▼
Taxes, remuneration and social security45€13k€38k▲
Taxes450/3€13k€38k▲
Other amounts payable47/48€46k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-29k€-16k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€121k€215k▲
Operating profit (loss)9901€121k€201k▲
Financial income75/76B€497€638▲
Recurring financial income75€497€638▲
Financial charges65/66B€298€99▼
Recurring financial charges65€298€99▼
Profit (loss) for the period before taxes9903€122k€201k▲
Income taxes67/77€37k€69k▲
Profit (loss) for the period9904€84k€132k▲
Profit (loss) for the period to be appropriated9905€84k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€132k▲
Transfer from equity791/2€46k-
Transfer to equity691/2€84k€132k▲
To other reserves6921€84k€132k▲
Profit to be distributed694/7€46k-
Return on contributions (dividend)694€46k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €46k | €44k | €26k | €28k | ▲ 4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €61k | €40k | €-29k | €-16k | ▲ 45.2% |
| Other operating charges640/8 | €3k | €3k | €3k | €3k | €3k | ▲ 11.4% |
| Gross operating margin9900 | €110k | €96k | €69k | €121k | €215k | ▲ 77.5% |
| Operating profit (loss)9901 | €60k | €-14k | €-19k | €121k | €201k | ▲ 65.2% |
| Financial income75/76B | €1 | €8 | €366 | €497 | €638 | ▲ 28.5% |
| Recurring financial income75 | €1 | €8 | €366 | €497 | €638 | ▲ 28.5% |
| Financial charges65/66B | €5k | €2k | €2k | €298 | €99 | ▼ 66.8% |
| Recurring financial charges65 | €5k | €2k | €2k | €298 | €99 | ▼ 66.8% |
| Profit (loss) for the period before taxes9903 | €55k | €-15k | €-20k | €122k | €201k | ▲ 65.4% |
| Income taxes67/77 | €20k | €542 | €433 | €37k | €69k | ▲ 84.6% |
| Profit (loss) for the period9904 | €35k | €-16k | €-21k | €84k | €132k | ▲ 56.9% |
| Transfer from tax-exempt reserves789 | €5k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €40k | €-16k | €-21k | €84k | €132k | ▲ 56.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €402k | €370k | €298k | €277k | €384k | ▲ 38.7% |
| Fixed assets21/28 | €270k | €224k | €180k | €153k | €152k | ▼ 0.7% |
| Tangible fixed assets22/27 | €270k | €224k | €180k | €153k | €152k | ▼ 0.7% |
| Land and buildings22 | €232k | €206k | €180k | €153k | €151k | ▼ 1.7% |
| Plant, machinery and equipment23 | €869 | €396 | - | - | €2k | - |
| Furniture and vehicles24 | €37k | €17k | - | - | - | - |
| Current assets29/58 | €132k | €147k | €118k | €124k | €232k | ▲ 87.7% |
| Amounts receivable within one year40/41 | €80k | €42k | €35k | €33k | €53k | ▲ 62.3% |
| Trade receivables40 | €80k | €42k | €35k | €25k | €53k | ▲ 112% |
| Other amounts receivable41 | - | - | - | €8k | - | - |
| Cash at bank and in hand54/58 | €51k | €104k | €81k | €91k | €179k | ▲ 96.9% |
| Deferred charges and accrued income490/1 | €2k | €1k | €3k | €171 | €221 | ▲ 29.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €402k | €370k | €298k | €277k | €384k | ▲ 38.7% |
| Equity10/15 | €203k | €187k | €166k | €205k | €337k | ▲ 64.6% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €191k | €175k | €154k | €192k | €325k | ▲ 68.8% |
| Tax-exempt reserves132 | €64 | €64 | €64 | €64 | €64 | = |
| Distributable reserves133 | €191k | €175k | €154k | €192k | €325k | ▲ 68.8% |
| Amounts payable17/49 | €199k | €183k | €132k | €72k | €47k | ▼ 34.9% |
| Amounts payable after more than one year17 | €22k | - | - | - | - | - |
| Financial debts170/4 | €22k | - | - | - | - | - |
| Amounts payable within one year42/48 | €177k | €183k | €132k | €72k | €47k | ▼ 34.9% |
| Current portion of amounts payable after more than one year42 | €11k | - | - | - | - | - |
| Trade debts44 | €4k | €3k | €635 | €14k | €3k | ▼ 81.3% |
| Suppliers440/4 | €4k | €3k | €635 | €14k | €3k | ▼ 81.3% |
| Taxes, remuneration and social security45 | €51k | €15k | €6k | €13k | €38k | ▲ 205% |
| Taxes450/3 | €51k | €15k | €6k | €13k | €38k | ▲ 205% |
| Other amounts payable47/48 | €111k | €165k | €124k | €46k | €6k | ▼ 87.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €-16k | €-21k | €84k | €132k | ▲ 56.9% |
| + Depreciation and write-downs630 | €46k | €46k | €44k | €26k | €28k | ▲ 4.9% |
| Operating cash flow (approximation) | €81k | €30k | €23k | €111k | €160k | ▲ 44.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-26k | - |
| Change in cash | - | €53k | €-23k | €10k | €88k | ▲ 801% |
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
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €132k ▲56.9%
Operating result €201k, net result €132k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.95
Current ratio from 1.72 to 4.95; short-term debt falls from €72k to €47k.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €84k
Net result €84k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €205k ▲23.1%
Equity rises from €166k to €205k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €203k ▲16.2%
3 profitable years in a row build equity to €203k.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Liquidity triplescurrent ratio 1.15
Current ratio from 0.35 to 1.15.
31-12
Financial
Equity above €150kEq €175k ▲30.9%
2 profitable years in a row build equity to €175k.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
31-12
Financial
Equity above €100kEq €133k ▲52.4%
Equity rises from €88k to €133k.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Kontich · 1 establishment unit since 2010
Ground area
5.2 ha
Building footprint
5,634 m²
Volume, LiDAR
39,838 m³
Parcel 11024B0077/00M000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
30
companies at this address
See who is registered here
1 establishment unit
ESPM Services
since 20102.195.306.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0077/00M000 | Flanders | 5.2 ha | 1 · 5,634 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,710 companies in sector 70100 we hold annual accounts for 3,495. 2,303 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
Founded29-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
68121Development of residential building projects
68110Buying and selling of own real estate
74301Translation services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.