Limited partnership · founded 2021 · active for 5 yearsLauwbergstraat 101, 8930 Menen, BelgiumKBO/BCE: BE 0764.560.037
Summary
The computed 12-month bankruptcy probability of ESSAA is 1.7% (moderate). The 2023 annual accounts show equity of €35,920 and a net result of €12,223. Its solvency ranks better than 75% of 24,046 sector peers (NACE 47, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 31-05-2024)Size: total assets €58,747lowers riskLiquidity: current ratio 2.40, cash €22,065Legal form: limited partnershipneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency86
equity 61.1% of total assets
Liquidity79
short-term debt 38.9% · cash 37.6%
Profitability95
return on assets 20.8%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
1.7%Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,203 companies, NACE 47, micro)
Last 24 months11-2024: 0.5%12-2024: 0.3%▼ -0.2 percentage points vs 11-202401-2025: 0.3%● unchanged vs 12-202402-2025: 0.3%● unchanged vs 01-202503-2025: 0.2%▼ -0.1 percentage points vs 02-2025lowest value04-2025: 0.3%▲ +0.1 percentage points vs 03-202505-2025: 0.3%● unchanged vs 04-202506-2025: 0.3%● unchanged vs 05-202507-2025: 0.4%▲ +0.1 percentage points vs 06-202508-2025: 0.5%▲ +0.1 percentage points vs 07-202509-2025: 0.6%▲ +0.1 percentage points vs 08-202510-2025: 1.1%▲ +0.5 percentage points vs 09-202511-2025: 1.1%● unchanged vs 10-202512-2025: 1.4%▲ +0.3 percentage points vs 11-202501-2026: 2.0%▲ +0.6 percentage points vs 12-202502-2026: 2.0%● unchanged vs 01-202603-2026: 2.1%▲ +0.1 percentage points vs 02-2026highest value04-2026: 1.9%▼ -0.2 percentage points vs 03-202605-2026: 1.8%▼ -0.1 percentage points vs 04-202606-2026: 1.7%▼ -0.1 percentage points vs 05-202607-2026: 1.7%● unchanged vs 06-202608-2026: 1.7%● unchanged vs 07-202609-2026: 1.7%● unchanged vs 08-202610-2026: 1.7%● unchanged vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts 61 days before the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.
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neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Key points
Total assets 2023first financial year filed€58,747View