Equity
€64,533 ▼ 11.2%
ESPS paid out €47,148 in dividends. That is 83% of the 2025 profit.
ESPS
Lifetime
11 annual accounts with figures on one time axispeak €80,565 (2025)
€80,565▲ 124%
lowest -€9,750 (2019)
€56,533▲ 136%
peak €72,698 (2024)
€64,533▼ 11.2%
€46,680▼ 49.9%
Board1 name since 2014
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €36,034 to €80,565Result from €23,914 to €56,533Registered office moved from Merelbeke-Melle to Massemen 06-10Dividend €47,148Debts from €93,249 to €46,680Cash from €5,196 to €51,557
Key points
from the 2025 annual accountsFilings
11 annual accounts since 2015
Seven of the last ten came late. The 2023 accounts came latest: 118 days after the end of the period.
Position in the sector
€56,533
Higher net result than 88% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as ESPS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,691 companies, not a prediction for ESPS. 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
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Signals
Recent changes
Registered office moved from Merelbeke-Melle to Massemen
New registered office: Brusselsesteenweg 306, 9230 Massemen (Wetteren) · Previous registered office: Brandweerstraat 70, 9820 Merelbeke-Melle · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567972315
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: , from manager to director · holds all the shares · General meeting of 03-07-2024 · Gazette deed
Registered office moved from De Pinte to Merelbeke
New registered office: Kloosterstraat 70 te 9820 Merelbeke · Previous registered office: Lijsterstraat 7 te 9840 De Pinte · Board meeting of 05-06-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ESPS Wetteren | €111,213 | €80,565 | 58.0% | - |
| APPLICATIONS GENERALES ELECTRIQUES Oupeye | €120,442 | €76,893 | 38.3% | - |
| R & C Juprelle | €102,640 | €71,008 | 39.7% | - |
| Alex Elec A.C INVESTISSEMENT Oupeye | €125,205 | €83,319 | 38.1% | - |
| Tibel Renov Zaventem | €123,328 | €73,138 | 69.5% | - |
| PTCJ Gembloux | €131,385 | €84,911 | 49.0% | - |
| BE WATTS Seneffe | €127,224 | €68,715 | 53.3% | - |
These companies have the same main activity as ESPS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €103,000 and €131,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 17-11-2014Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.240.479.8689230 Wetteren, since 17-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2025
Annual accounts 2025
- ≈ €320,000estimated
- €111,213▼ 33.0%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on ESPS
ESPS files the micro format. That format states no turnover. The gross margin rose from €20,556 in 2015 to €80,565 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 ESPS
- What is the company number of ESPS?
- The company number of ESPS is 0567.972.315. The VAT number is the same number with BE in front: BE 0567.972.315.
- Where is ESPS based?
- The registered office is at Brusselsesteenweg 306, 9230 Wetteren.Company details
- What does ESPS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ESPS?
- ESPS is a private limited company (BV).
- When was ESPS founded?
- ESPS was founded on 17-11-2014.
- Is ESPS still active?
- Yes, ESPS is an active enterprise in the KBO register.
- What is the turnover of ESPS?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €80,565 and 40 comparable companies (NACE 43211). It probably lies between €190,000 and €500,000.Financials
- Is ESPS profitable?
- In financial year 2025, ESPS made a profit of €56,533.
- Where can I find the annual accounts of ESPS?
- ESPS filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESPS due?
- ESPS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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