ESSA
The computed 12-month bankruptcy probability of ESSA is 2.1% (moderate). The 2024 annual accounts show equity of €9k and a net result of €616. Equity is growing by ~34% per year across the filed fiscal years. Its solvency ranks better than 45% of 6670 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €9k |
| Net result | €616 |
| Better than sector | 45% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.4% | 20.3% | |
| Net result | €616 | €4k | |
| Equity | €9k | €16k | |
| Gross operating margin | €10k | €24k | |
| Total assets | €61k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €131k |
| EBITDA | €9k |
| Net profit | €616 |
| Cash flow | €7k |
| Staff costs | - |
| Income taxes | €236 |
| Dividends | - |
| Total assets | €61k |
| Equity | €9k |
| Debt | €52k |
| of which ≤ 1y | €36k |
| of which > 1y | €16k |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.95 |
| Quick ratio | 0.95 |
| Working capital ratio | -3.2% |
| Solvency | 15.4% |
| Debt / equity | 5.51 |
| Long-term debt ratio | 1.68 |
| Interest coverage | 4.58 |
| Gross margin | 4.1% |
| Net margin | 0.5% |
| ROA | 1.0% |
| ROE | 6.6% |
| EBITDA margin | 7.2% |
| Days sales outstanding | 86d |
| Days payable outstanding | 30d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €61k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €21k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €34k |
| Amounts receivable within one year | 40/41 | €33k |
| Cash & bank | 54/58 | €347 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €61k |
| Equity | 10/15 | €9k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €52k |
| Amounts payable after one year | 17 | €16k |
| Amounts payable within one year | 42/48 | €36k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Turnover | 70 | €131k |
| Gross operating margin | 9900 | €10k |
| Operating result | 9901 | €3k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €852 |
| Income taxes | 67/77 | €236 |
| Net result for the period | 9904 | €616 |
| Result to be appropriated | 9905 | €616 |
-
Current10-09-2025 → present
-
Current01-04-2023 → present
Former directors (2)
-
Former- → 10-09-2025
-
Former22-04-2023 → 31-03-2024
2 events
- 31-03-2024 Resigned· Director
- 22-04-2023 Appointed· Director
| NACE primary | Retail trade(47521) |
| Legal form | Private limited company(610) |
| Incorporation | 19-11-2020 |
| Status | Active |
| Postal code | 2960 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0669/00D000 | Flanders | 1.0 ha | 1 · 4,582 m² | 8.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-10-2025 1 director appointed, 1 resigning
- Bektas Sahbaz, Bestuurder
- Erol Temiz, Bestuurder
Technical details
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"name": "Erol Temiz",
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},
"effective_date": "2025-09-10",
"evidence_quote": "Dhr. Erol Temiz wordt ontslagen als bestuurder op 10/09/2025. Hem wordt kwijting verleend over de duur van zijn mandaat.",
"discharge_granted": true
},
{
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},
"effective_date": "2025-09-10",
"evidence_quote": "Dhr. Bektas Sahbaz ((NPFCK4JC8)) wonende te 1067NE Amsterdam- NL, Burgemeester R\u00F6ellstraat 253 wordt op 10/09/2025 tot bestuurder benoemd."
}
],
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"subject_company": {
"kbo": "0758.577.315",
"name_full": "ESSA",
"legal_form": "BV"
}
}03-06-2024 Bayryam Bayryam Osman resigns as director
- Bayryam Bayryam Osman, Bestuurder
Technical details
{
"events": [
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},
"effective_date": "2024-03-31",
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}01-08-2023 2 directors appointed
- Bayryam Osman, Bestuurder
- Mitat Yusein, Bestuurder
Technical details
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"events": [
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},
"effective_date": "2023-04-22",
"evidence_quote": "Dhr. Bayryam Osman (650325230) wonende te 6300 Haskovo, Bulgarije, Ul. Elena wordt op 22/04/2023 tot bestuurder benoemd."
},
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"person": {
"rrn": null,
"name": "Mitat Yusein",
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},
"effective_date": "2023-04-01",
"evidence_quote": "Dhr. Mitat Yusein (645863395) wonende te 6300 Haskovo, Bulgarije, UI. Elena wordt op 01/04/2023 tot en met 30/06/2023 tot bestuurder benoemd."
}
],
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"subject_company": {
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"legal_form": "BV"
}
}23-11-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Aartselaarstraat 225, 2660 Hoboken",
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"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1982-11-06",
"name": "TEMIZ Erol",
"niss": null,
"address": "Aartselaarstraat 225, 2660 Antwerpen (Hoboken)"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
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{
"org": null,
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"person": {
"dob": "1977-02-13",
"name": "KOCAPINAR Sehsahmil",
"niss": null,
"address": "Speerstraat 40, 2020 Antwerpen"
},
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}
],
"capital_eur": 1000,
"subject_company": {
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},
"initial_directors": [],
"incorporation_date": "2020-11-18",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ESSA |
| Trade nameNL | ESSA |