ESPRESSO SYSTEM
Dissolution or liquidationSummary
The KBO register records for ESPRESSO SYSTEM the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €60,110 and a net result of €17,487.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 22 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€60,110▲ 41.0%
2019 · €42,623
Total assets
€99,957▼ 2.5%
2019 · €102,567
Net result
€17,487▼ 34.7%
2019 · €26,775
Working capital
€59,551▲ 42.3%
2019 · €41,850
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
Line201820192020
Operating result€15,557-€34,128▲ 119%€26,621▼ 22.0%
Net result€11,982-€26,775▲ 123%€17,487▼ 34.7%
Equity€27,547-€42,623▲ 54.7%€60,110▲ 41.0%
Total assets€80,448-€102,567▲ 27.5%€99,957▼ 2.5%
Debt€52,901-€59,945▲ 13.3%€39,847▼ 33.5%
Working capital€24,422-€41,850▲ 71.4%€59,551▲ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 22% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €99,957
Fixed assets
€2,519 ▼ 50.0%
Current assets
€97,438 ▼ 0.1%
Equity and liabilities €99,957
Equity
€60,110 ▲ 41.0%
Debt
€39,847 ▼ 33.5%
Debt's share of the balance-sheet total falls from 58.4% to 39.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29,140▼
2019 · €38,822
Cash flow
€20,006▼
2019 · €31,469
Current ratio
2.57▲
2019 · 1.75
Debt to equity
0.03▼
2019 · 0.10
ROE
29.1%▼
2019 · 62.8%
ROA
17.5%▼
2019 · 26.1%
Debt ≤ 1 year
€37,887▼
2019 · €55,679
Debt > 1 year
€1,950▼
2019 · €4,259
Income taxes
€8,614▲
2019 · €6,891
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,694 | €4,694 | €2,519 | ▼ 46.3% |
| Gross operating margin9900 | €21,426 | €39,728 | €29,894 | ▼ 24.8% |
| Operating profit (loss)9901 | €15,557 | €34,128 | €26,621 | ▼ 22.0% |
| Recurring financial income75 | €29 | €0 | - | - |
| Recurring financial charges65 | €1,112 | €462 | €519 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €14,474 | €33,666 | €26,101 | ▼ 22.5% |
| Income taxes67/77 | €2,493 | €6,891 | €8,614 | ▲ 25.0% |
| Profit (loss) for the period9904 | €11,982 | €26,775 | €17,487 | ▼ 34.7% |
| Profit (loss) for the period to be appropriated9905 | €11,982 | €26,775 | €17,487 | ▼ 34.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €80,448 | €102,567 | €99,957 | ▼ 2.5% |
| Fixed assets21/28 | €9,732 | €5,038 | €2,519 | ▼ 50.0% |
| Tangible fixed assets22/27 | €9,732 | €5,038 | €2,519 | ▼ 50.0% |
| Current assets29/58 | €70,716 | €97,529 | €97,438 | ▼ 0.1% |
| Amounts receivable within one year40/41 | €66,127 | €70,512 | €94,414 | ▲ 33.9% |
| Cash at bank and in hand54/58 | €3,706 | €26,386 | €2,419 | ▼ 90.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €80,448 | €102,567 | €99,957 | ▼ 2.5% |
| Equity10/15 | €27,547 | €42,623 | €60,110 | ▲ 41.0% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €18,860 | €33,860 | €51,860 | ▲ 53.2% |
| Profit (loss) carried forward14 | €2,487 | €2,563 | €2,050 | ▼ 20.0% |
| Amounts payable17/49 | €52,901 | €59,945 | €39,847 | ▼ 33.5% |
| Amounts payable after more than one year17 | €6,534 | €4,259 | €1,950 | ▼ 54.2% |
| Amounts payable within one year42/48 | €46,294 | €55,679 | €37,887 | ▼ 32.0% |
| Trade debts44 | €27,301 | €32,320 | €10,759 | ▼ 66.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,982 | €26,775 | €17,487 | ▼ 34.7% |
| + Depreciation and write-downs630 | €4,694 | €4,694 | €2,519 | ▼ 46.3% |
| Operating cash flow (approximation) | €16,676 | €31,469 | €20,006 | ▼ 36.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €22,679 | -€23,967 | ▼ 206% |
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
2024
30-01
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise du Hainaut, division Mons · event 22-01-2024
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Highest result since 2018net €26,775 ▲123%
Operating result €34,128, net result €26,775, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 36 days late
2015
19-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 19 days late
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
08-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 8 days late
2012
06-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 37 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, La Louvière · 1 establishment unit since 2008
Ground area
3,010 m²
Building footprint
128 m²
Parcel 55046C0097/00V025, Wallonia. Linked by address, not a title deed.
1 establishment unit
ESPRESSO SYSTEM
since 20082.174.417.128
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55046C0097/00V025 | Wallonia | 3,010 m² | 1 · 128 m² | - |
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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-2008
Fiscal year end31-12
Contact
Phone
0473341604La Louvière
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.