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ESSANIA

Active
Private limited company (pre-2019)founded 200917 yrs activeMeikeverstraat 17, 2250 Olen, BelgiumKBO/BCE: BE 0808.961.588

ESSANIA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €-7k. Equity is shrinking by ~63.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 1433 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
32 / 100
Weak▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency36▼-17
Growth32=
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.68 against 8.85 in 2024), but 96.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
3.6%
Return on assets
-19.5%
Age of the figures
14 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€7k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
51 d early
2023
54 d early
2022
71 d early
2021
52 d early
2020
48 d early
2019
50 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close04-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€1k▼ 84.5%
2024 · €8k
2023: €12k 2024: €8k
2023 → 2025
Total assets
€36k▼ 3.2%
2024 · €38k
2023: €50k 2024: €38k
2023 → 2025
Net result
€-7k▼ 102%
2024 · €-4k
2023: €2k 2024: €-4k
2023 → 2025
Working capital
€28k▲ 16.3%
2024 · €24k
2023: €21k 2024: €24k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€12k-€8k▼ 29.5%€1k▼ 84.5%
Operating result€4k-€-3k€-7k▼ 135%
Net result€2k-€-4k€-7k▼ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2023: €4k€4kNet result 2023: €2k€2kOperating result 2024: €-3k€-3kNet result 2024: €-4k€-4kOperating result 2025: €-7k€-7kNet result 2025: €-7k€-7k202320242025
The operating result stays negative: a loss of €7k in 2025 against €3k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets €5k▼ 56.6%
Current assets €32k▲ 18.6%
Equity and liabilities €36k
Equity €1k▼ 84.5%
Debt €35k▲ 20.3%
The debt ratio rises from 77.6% to 96.4%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-602
2024 · €3k
Cash flow
€-947
2024 · €3k
Solvency
3.6%
2024 · 22.4%
Current ratio
7.68
2024 · 8.85
Quick ratio
7.29
2024 · 8.41
Debt / equity
26.96
2024 · 3.47
ROE
-546.1%
2024 · -41.8%
ROA
-19.5%
2024 · -9.3%
Interest coverage
-4.38
2024 · 18.02
Debt
€35k
2024 · €29k
Debt ≤ 1 year
€4k
2024 · €3k
Debt > 1 year
€31k
2024 · €26k
Income taxes
€207
2024 · €448
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 · 2025 against 2024
Balance sheet Code20242025
Total assets 20/58€38k€36k
Fixed assets 21/28€11k€5k
Tangible fixed assets 22/27€11k€5k
Current assets 29/58€27k€32k
Stocks & contracts in progress 3€1k€2k
Amounts receivable within one year 40/41€2k€3k
Cash & bank 54/58€21k€25k
Total equity & liabilities 10/49€38k€36k
Equity 10/15€8k€1k
Contributions / capital 10/11€6k€6k=
Accumulated profits (losses) 14€2k€-5k
Amounts payable 17/49€29k€35k
Amounts payable after one year 17€26k€31k
Amounts payable within one year 42/48€3k€4k
Trade debts payable within one year 44€65€771
Income statement Code20242025
Gross operating margin 9900€3k€-482
Operating result 9901€-3k€-7k
Financial charges 65€182€137
Result before taxes 9903€-3k€-7k
Income taxes 67/77€448€207
Net result for the period 9904€-4k€-7k
Result to be appropriated 9905€-4k€-7k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
12-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
2024
11-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Liquidity triplescurrent ratio 8.85
Current ratio from 2.81 to 8.85; short-term debt falls from €12k to €3k.
07-06
State Gazette act Director changes
2023
08-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
21-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
10-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
14-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
12-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
05-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2012
No sitting directors are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
17-04-2012 Resigned as Director
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Olen · 1 establishment unit since 2009
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.

Meikeverstraat 172250 Olen
Ground area
824 m²
Building footprint
174 m²
Volume, LiDAR
783 m³
Parcel 13029C0075/00D005, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ESSANIA
Meikeverstraat 17, 2250 OlenIntermediation services for non-specialised retail
since 20092.175.441.863
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029C0075/00D005 Flanders 824 m² 1 · 174 m² 8.1 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.

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 13,171 companies in sector 47120 we hold annual accounts for 2,052. 436 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2009
Fiscal year end30-06
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 17-07-2026. Scores and ratios are computed by Checked and are not a credit decision.