ESSAM
ActiveThe computed 12-month bankruptcy probability of ESSAM is 2.3% (moderate). The 2024 annual accounts show negative equity (€-50k) and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 6716 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-33
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 0.34 in 2023; short-term debt: 139.8% and cash: 66.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-39.8%
Return on assets
9.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 6716 sector peers (2024).
NBB · sector comparisonPosition among 6716 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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
49 d late
2023
69 d late
2022
32 d late
2021
36 d late
2020
39 d late
2019
94 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-50k▲ 18.6%
2023 · €-61k
2018: €5k
2019: €7k
2020: €-65k
2021: €-67k
2022: €-92k
2023: €-61k
2018 → 2024
Total assets
€126k▲ 265%
2023 · €34k
2018: €165k
2019: €182k
2020: €96k
2021: €88k
2022: €27k
2023: €34k
2018 → 2024
Net result
€11k▼ 62.7%
2023 · €31k
2018: €12k
2019: €2k
2020: €-72k
2021: €-2k
2022: €-25k
2023: €31k
2018 → 2024
Working capital
€-59k▲ 6.0%
2023 · €-63k
2018: €-17k
2019: €-20k
2020: €-72k
2021: €-79k
2022: €-95k
2023: €-63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-65k-€-67k▼ 2.8%€-92k▼ 36.6%€-61k▲ 33.2%€-50k▲ 18.6%
Operating result€-68k-€1k€-21k€35k€15k▼ 57.7%
Net result€-72k-€-2k▲ 97.5%€-25k▼ 1,246%€31k€11k▼ 62.7%
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 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €126k
Fixed assets
€9k▲ 473%
Current assets
€117k▲ 255%
Key figures and ratios
EBITDA
€16k▼
2023 · €44k
Cash flow
€12k▼
2023 · €39k
Solvency
-39.8%▲
2023 · -178.3%
Current ratio
0.66▲
2023 · 0.34
Quick ratio
0.66▲
2023 · 0.34
Debt / equity
-3.51▼
2023 · -1.56
ROA
9.1%▼
2023 · 88.7%
Interest coverage
4.45▼
2023 · 9.73
Debt
€175k▲
2023 · €96k
Debt ≤ 1 year
€175k▲
2023 · €95k
Staff costs
€156k▼
2023 · €186k
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€34k€126k▲
Fixed assets21/28€2k€9k▲
Tangible fixed assets22/27€917€8k▲
Plant, machinery and equipment23€810€405▼
Furniture and vehicles24€107€8k▲
Financial fixed assets28€630€630=
Current assets29/58€33k€117k▲
Amounts receivable within one year40/41€29k€33k▲
Trade receivables40€29k€30k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€4k€84k▲
Deferred charges and accrued income490/1€273€273=
Equity and liabilities
Total equity and liabilities10/49€34k€126k▲
Equity10/15€-61k€-50k▲
Contributions10/11€23k€23k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-86k€-74k▲
Amounts payable17/49€96k€175k▲
Amounts payable after more than one year17€351-
Financial debts170/4€351-
Amounts payable within one year42/48€95k€175k▲
Current portion of amounts payable after more than one year42€14k€9k▼
Trade debts44€40k€97k▲
Suppliers440/4€40k€97k▲
Taxes, remuneration and social security45€19k€20k▲
Taxes450/3€1k€187▼
Remuneration and social security454/9€18k€20k▲
Other amounts payable47/48€22k€49k▲
Income statement
Code20232024
Remuneration, social security and pensions62€186k€156k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€747▼
Other operating charges640/8€8k€10k▲
Gross operating margin9900€238k€183k▼
Operating profit (loss)9901€35k€15k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€31k€11k▼
Income taxes67/77€187-
Profit (loss) for the period9904€31k€11k▼
Profit (loss) for the period to be appropriated9905€31k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-86k€-74k▲
Profit (loss) brought forward from the previous period14P€-116k€-86k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Back to profitnet €31k
Net result €31k after 3 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
31-12
Financial
Weakest financial yearnet €-72k ▼3892%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 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, Sint-Jans-Molenbeek · 1 establishment unit since 1991
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.
Begijnenstraat 1601080 Sint-Jans-MolenbeekGround area
1,851 m²
Building footprint
684 m²
Volume, LiDAR
4,033 m³
Parcel 21526D0280/00D008, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Begijnenstraat 160, 1080 Sint-Jans-Molenbeek
since 19912.053.539.290
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0280/00D008 | Brussels | 1,851 m² | 1 · 684 m² | 10.6 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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EQUINOXIAL
BE 0642.823.849
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HOSNA
BE 0447.513.656
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AMR Concept
BE 1016.240.195
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Of 962 companies in sector 49310 we hold annual accounts for 487. 300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-1991
Fiscal year end31-12
Activities, NACEBEL
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.