ESSEN PRESS
ActiveSummary
ESSEN PRESS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €838k and a net result of €159k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+6
Solvency80▼-18
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 3.11 in 2023; short-term debt: 37.9% and cash: 37.5% of total assets), and 44.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.4%
Return on assets
10.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
14 d late
2022
29 d late
2021
30 d late
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€838k▼ 20.0%
2023 · €1.05M
2018: €1.02M
2019: €1.15M▲ +12.3% vs 2018
2020: €1.27M▲ +10.4% vs 2019highest in 7 years
2021: €845k▼ -33.4% vs 2020
2022: €964k▲ +14.1% vs 2021
2023: €1.05M▲ +8.7% vs 2022
2024: €838k▼ -20.0% vs 2023lowest in 7 years
2018 → 2024
Total assets
€1.51M▲ 5.8%
2023 · €1.43M
2018: €1.43Mlowest in 7 years
2019: €1.45M▲ +1.6% vs 2018
2020: €1.59M▲ +9.6% vs 2019highest in 7 years
2021: €1.44M▼ -9.2% vs 2020
2022: €1.55M▲ +7.4% vs 2021
2023: €1.43M▼ -7.9% vs 2022
2024: €1.51M▲ +5.8% vs 2023
2018 → 2024
Net result
€159k▲ 90.2%
2023 · €84k
2018: €61klowest in 7 years
2019: €126k▲ +105% vs 2018
2020: €119k▼ -5.3% vs 2019
2021: €185k▲ +55.4% vs 2020highest in 7 years
2022: €119k▼ -35.8% vs 2021
2023: €84k▼ -29.6% vs 2022
2024: €159k▲ +90.2% vs 2023
2018 → 2024
Working capital
€345k▼ 34.4%
2023 · €526k
2018: €602k
2019: €727k▲ +20.9% vs 2018
2020: €763k▲ +4.9% vs 2019highest in 7 years
2021: €353k▼ -53.7% vs 2020
2022: €411k▲ +16.5% vs 2021
2023: €526k▲ +28.0% vs 2022
2024: €345k▼ -34.4% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.27M-€845k▼ 33.4%€964k▲ 14.1%€1.05M▲ 8.7%€838k▼ 20.0%
2020: €1.27Mhighest in 5 years
2021: €845k▼ -33.4% vs 2020
2022: €964k▲ +14.1% vs 2021
2023: €1.05M▲ +8.7% vs 2022
2024: €838k▼ -20.0% vs 2023lowest in 5 years
Operating result€177k-€292k▲ 65.4%€199k▼ 31.7%€143k▼ 28.2%€260k▲ 81.4%
2020: €177k
2021: €292k▲ +65.4% vs 2020highest in 5 years
2022: €199k▼ -31.7% vs 2021
2023: €143k▼ -28.2% vs 2022lowest in 5 years
2024: €260k▲ +81.4% vs 2023
Net result€119k-€185k▲ 55.4%€119k▼ 35.8%€84k▼ 29.6%€159k▲ 90.2%
2020: €119k
2021: €185k▲ +55.4% vs 2020highest in 5 years
2022: €119k▼ -35.8% vs 2021
2023: €84k▼ -29.6% vs 2022lowest in 5 years
2024: €159k▲ +90.2% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 81% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.51M
Fixed assets
€594k ▼ 9.0%
Current assets
€918k ▲ 18.3%
Equity and liabilities €1.51M
Equity
€838k ▼ 20.0%
Debt
€675k ▲ 76.7%
Debt's share of the balance-sheet total rises from 26.7% to 44.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€319k▲
2023 · €209k
Cash flow
€218k▲
2023 · €149k
Current ratio
1.60▼
2023 · 3.11
Quick ratio
1.10▼
2023 · 2.06
Debt to equity
0.81▲
2023 · 0.36
ROE
19.0%▲
2023 · 8.0%
ROA
10.5%▲
2023 · 5.9%
Interest coverage
9.85▲
2023 · 8.44
Debt ≤ 1 year
€573k▲
2023 · €250k
Debt > 1 year
€102k▼
2023 · €132k
Income taxes
€70k▲
2023 · €35k
Staff costs
€116k▲
2023 · €110k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.43M€1.51M▲
Fixed assets21/28€653k€594k▼
Tangible fixed assets22/27€653k€594k▼
Land and buildings22€564k€533k▼
Plant, machinery and equipment23€370€0▼
Furniture and vehicles24€89k€61k▼
Financial fixed assets28€365€365=
Current assets29/58€776k€918k▲
Stocks and contracts in progress3€261k€287k▲
Stocks30/36€261k€287k▲
Amounts receivable within one year40/41€31k€5k▼
Trade receivables40€6k€5k▼
Other amounts receivable41€25k€282▼
Current investments50/53€0€50k▲
Cash at bank and in hand54/58€475k€567k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.51M▲
Equity10/15€1.05M€838k▼
Contributions10/11€6k€6k=
Reserves13€1.04M€831k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.04M€831k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€382k€675k▲
Amounts payable after more than one year17€132k€102k▼
Financial debts170/4€132k€102k▼
Amounts payable within one year42/48€250k€573k▲
Current portion of amounts payable after more than one year42€34k€31k▼
Financial debts43€17k€17k▲
Credit institutions430/8€17k€17k▲
Trade debts44€51k€57k▲
Suppliers440/4€51k€57k▲
Taxes, remuneration and social security45€43k€33k▼
Taxes450/3€19k€18k▼
Remuneration and social security454/9€23k€15k▼
Other amounts payable47/48€105k€435k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€110k€116k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€59k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-3k
Other operating charges640/8€4k€7k▲
Gross operating margin9900€324k€438k▲
Operating profit (loss)9901€143k€260k▲
Financial income75/76B€47€2k▲
Recurring financial income75€47€2k▲
Financial charges65/66B€25k€32k▲
Recurring financial charges65€25k€32k▲
Profit (loss) for the period before taxes9903€119k€230k▲
Income taxes67/77€35k€70k▲
Profit (loss) for the period9904€84k€159k▲
Profit (loss) for the period to be appropriated9905€84k€159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€159k▲
Transfer from equity791/2-€369k
Transfer to equity691/2€84k€159k▲
To other reserves6921€84k€159k▲
Profit to be distributed694/7-€369k
Return on contributions (dividend)694-€369k
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €9k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €96k | €79k | €110k | €116k | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48k | €49k | €50k | €66k | €59k | ▼ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | €-3k | - |
| Other operating charges640/8 | - | €3k | €3k | €4k | €7k | ▲ 58.3% |
| Gross operating margin9900 | €311k | €440k | €333k | €324k | €438k | ▲ 35.3% |
| Operating profit (loss)9901 | €177k | €292k | €199k | €143k | €260k | ▲ 81.4% |
| Financial income75/76B | - | €95 | €34 | €47 | €2k | ▲ 4,384% |
| Recurring financial income75 | €208 | €95 | €34 | €47 | €2k | ▲ 4,384% |
| Financial charges65/66B | - | €13k | €31k | €25k | €32k | ▲ 30.8% |
| Recurring financial charges65 | €8k | €13k | €31k | €25k | €32k | ▲ 30.8% |
| Profit (loss) for the period before taxes9903 | €169k | €279k | €169k | €119k | €230k | ▲ 93.6% |
| Income taxes67/77 | €50k | €94k | €50k | €35k | €70k | ▲ 102% |
| Profit (loss) for the period9904 | €119k | €185k | €119k | €84k | €159k | ▲ 90.2% |
| Transfer from tax-exempt reserves789 | - | €38k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €119k | €223k | €119k | €84k | €159k | ▲ 90.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.59M | €1.44M | €1.55M | €1.43M | €1.51M | ▲ 5.8% |
| Fixed assets21/28 | €685k | €644k | €719k | €653k | €594k | ▼ 9.0% |
| Tangible fixed assets22/27 | €685k | €643k | €718k | €653k | €594k | ▼ 9.0% |
| Land and buildings22 | - | €599k | €597k | €564k | €533k | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €4k | €2k | €370 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €40k | €120k | €89k | €61k | ▼ 30.9% |
| Financial fixed assets28 | €365 | €365 | €365 | €365 | €365 | = |
| Current assets29/58 | €906k | €801k | €833k | €776k | €918k | ▲ 18.3% |
| Stocks and contracts in progress3 | €260k | €249k | €256k | €261k | €287k | ▲ 9.8% |
| Stocks30/36 | - | €249k | €256k | €261k | €287k | ▲ 9.8% |
| Amounts receivable within one year40/41 | €137k | €13k | €14k | €31k | €5k | ▼ 83.1% |
| Trade receivables40 | - | €8k | €4k | €6k | €5k | ▼ 17.2% |
| Other amounts receivable41 | - | €5k | €10k | €25k | €282 | ▼ 98.9% |
| Current investments50/53 | €96k | €150k | €201k | €0 | €50k | - |
| Cash at bank and in hand54/58 | €411k | €380k | €353k | €475k | €567k | ▲ 19.3% |
| Deferred charges and accrued income490/1 | - | €8k | €8k | €9k | €9k | ▲ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.59M | €1.44M | €1.55M | €1.43M | €1.51M | ▲ 5.8% |
| Equity10/15 | €1.27M | €845k | €964k | €1.05M | €838k | ▼ 20.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1.26M | €838k | €957k | €1.04M | €831k | ▼ 20.1% |
| Non-distributable reserves130/1 | - | €10k | €10k | €0 | - | - |
| Reserves not available under the articles1311 | - | €10k | €10k | €0 | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €829k | €948k | €1.04M | €831k | ▼ 20.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €322k | €600k | €588k | €382k | €675k | ▲ 76.7% |
| Amounts payable after more than one year17 | €180k | €152k | €166k | €132k | €102k | ▼ 22.9% |
| Financial debts170/4 | - | €152k | €166k | €132k | €102k | ▼ 22.9% |
| Amounts payable within one year42/48 | €143k | €447k | €422k | €250k | €573k | ▲ 129% |
| Current portion of amounts payable after more than one year42 | - | €28k | €35k | €34k | €31k | ▼ 9.7% |
| Financial debts43 | - | €12k | €14k | €17k | €17k | ▲ 0.5% |
| Credit institutions430/8 | - | €12k | €14k | €17k | €17k | ▲ 0.5% |
| Trade debts44 | €80k | €12k | €28k | €51k | €57k | ▲ 11.6% |
| Suppliers440/4 | - | €12k | €28k | €51k | €57k | ▲ 11.6% |
| Taxes, remuneration and social security45 | - | €65k | €28k | €43k | €33k | ▼ 22.3% |
| Taxes450/3 | - | €55k | €10k | €19k | €18k | ▼ 3.3% |
| Remuneration and social security454/9 | - | €10k | €18k | €23k | €15k | ▼ 37.8% |
| Other amounts payable47/48 | - | €331k | €317k | €105k | €435k | ▲ 315% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119k | €185k | €119k | €84k | €159k | ▲ 90.2% |
| + Depreciation and write-downs630 | €48k | €49k | €50k | €66k | €59k | ▼ 10.3% |
| Operating cash flow (approximation) | €167k | €234k | €169k | €149k | €218k | ▲ 46.1% |
| Investment in fixed assets (approximation) | - | €-8k | €-125k | €0 | €0 | - |
| Change in cash | - | €-30k | €-27k | €122k | €92k | ▼ 24.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
31-12
Financial
Equity above €1MEq €1.05M ▲8.7%
6 profitable years in a row build equity to €1.05M.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €185k ▲55.4%
Operating result €292k, net result €185k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 8.94
Current ratio from 4.40 to 8.94; short-term debt falls from €177k to €92k.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
7 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, Essen · 1 establishment unit since 2009
Ground area
826 m²
Building footprint
469 m²
Volume, LiDAR
2,224 m³
Parcel 11016A0047/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Essen Press
since 20092.177.861.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016A0047/00D000 | Flanders | 826 m² | 1 · 469 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 3,131 EUR awarded · 3,131 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,299 EUR | 1,299 EUR |
| 2023 | 1 | 1,832 EUR | 1,832 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteEssen2.177.861.123
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Of 2,347 companies in sector 47621 we hold annual accounts for 1,248. 632 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47260Retail trade
47610Retail trade
47640Retail sale of games and toys
92000Gambling and betting activities
Contact
E-mail
essenpress@skynet.beEssen
Phone
03/667.77.15Essen
Scores and ratios are computed by Checked and are not a credit decision.