ESQUINA
ActiveESQUINA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €13k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1077 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 11.18 against 11.55 in 2023; short-term debt: 7.1% and cash: 14.3% of total assets), and 7.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €51k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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
48 d late
2023
41 d late
2022
92 d late
2021
92 d late
2020
90 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€51k▲ 35.8%
2023 · €37k
2018: €52k
2019: €59k
2020: €54k
2021: €40k
2022: €26k
2023: €37k
2018 → 2024
Total assets
€55k▲ 34.2%
2023 · €41k
2018: €63k
2019: €63k
2020: €62k
2021: €48k
2022: €32k
2023: €41k
2018 → 2024
Net result
€13k▲ 17.3%
2023 · €11k
2018: €-10k
2019: €7k
2020: €-5k
2021: €-14k
2022: €-14k
2023: €11k
2018 → 2024
Working capital
€40k▲ 12.4%
2023 · €35k
2018: €49k
2019: €55k
2020: €49k
2021: €35k
2022: €21k
2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€54k-€40k▼ 26.6%€26k▼ 34.8%€37k▲ 43.9%€51k▲ 35.8%
Operating result€-5k-€-13k▼ 188%€-13k▲ 4.5%€12k€14k▲ 16.6%
Net result€-5k-€-14k▼ 198%€-14k▲ 3.8%€11k€13k▲ 17.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 17% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€11k▲ 412%
Current assets
€43k▲ 12.8%
Equity and liabilities €55k
Equity
€51k▲ 35.8%
Debt
€4k▲ 16.5%
The debt ratio falls from 8.2% to 7.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2023 · €14k
Cash flow
€15k▲
2023 · €13k
Solvency
92.9%▲
2023 · 91.8%
Current ratio
11.18▼
2023 · 11.55
Quick ratio
11.18▼
2023 · 11.55
Debt / equity
0.08▼
2023 · 0.09
ROE
26.4%▼
2023 · 30.5%
ROA
24.5%▼
2023 · 28.0%
Interest coverage
56.30▲
2023 · 17.60
Debt
€4k▲
2023 · €3k
Debt ≤ 1 year
€4k▲
2023 · €3k
Income taxes
€1k▲
2023 · €306
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€41k€55k▲
Fixed assets21/28€2k€11k▲
Tangible fixed assets22/27€2k€11k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€380€10k▲
Current assets29/58€39k€43k▲
Amounts receivable within one year40/41€29k€31k▲
Trade receivables40€17k€24k▲
Other amounts receivable41€12k€7k▼
Current investments50/53€8k€3k▼
Cash at bank and in hand54/58€236€8k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€41k€55k▲
Equity10/15€37k€51k▲
Contributions10/11€25k€25k=
Reserves13€71k€71k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€-58k€-45k▲
Amounts payable17/49€3k€4k▲
Amounts payable within one year42/48€3k€4k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€3k▼
Bills of exchange payable441-€1k
Taxes, remuneration and social security45€582-
Taxes450/3€582-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€8k▲
Gross operating margin9900€16k€23k▲
Operating profit (loss)9901€12k€14k▲
Financial income75/76B€298€485▲
Recurring financial income75€298€485▲
Financial charges65/66B€780€275▼
Recurring financial charges65€780€275▼
Profit (loss) for the period before taxes9903€12k€14k▲
Income taxes67/77€306€1k▲
Profit (loss) for the period9904€11k€13k▲
Profit (loss) for the period to be appropriated9905€11k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-58k€-45k▲
Profit (loss) brought forward from the previous period14P€-69k€-58k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 48 days late
2024
31-12
Financial
Highest result since 2018net €13k ▲17.3%
Operating result €14k, net result €13k, both a record.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 11.55
Current ratio from 4.67 to 11.55; short-term debt falls from €6k to €3k.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 14.10
Current ratio from 5.45 to 14.10; short-term debt falls from €11k to €4k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
10-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Herent · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Molenweg 913020 HerentGround area
716 m²
Building footprint
128 m²
Volume, LiDAR
662 m³
Parcel 24423I0037/00B007, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ESQUINA PATISSERIE
since 19902.050.179.132
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423I0037/00B007 | Flanders | 716 m² | 1 · 128 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-1990
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.