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ESSENSIO

Active
Private limited company (pre-2019)founded 200521 yrs activeMerem 10, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0871.496.104

ESSENSIO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93k and a net result of €53k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
90 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+4
Solvency82▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.88 in 2023; short-term debt: 43.1% and cash: 85.7% of total assets), and 43.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
8 d late
2022
3 d early
2021
31 d late
2020
60 d late
2019
54 d late
← before the deadline after the 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 2024, micro schema

Equity
€93k▲ 68.3%
2023 · €55k
2018: €7k 2019: €25k 2020: €34k 2021: €10k 2022: €33k 2023: €55k
2018 → 2024
Total assets
€163k▲ 57.7%
2023 · €103k
2018: €38k 2019: €56k 2020: €76k 2021: €45k 2022: €89k 2023: €103k
2018 → 2024
Net result
€53k▲ 135%
2023 · €22k
2018: €-593 2019: €18k 2020: €9k 2021: €-24k 2022: €23k 2023: €22k
2018 → 2024
Working capital
€92k▲ 116%
2023 · €43k
2018: €9k 2019: €30k 2020: €35k 2021: €10k 2022: €13k 2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€34k-€10k▼ 70.8%€33k▲ 233%€55k▲ 68.6%€93k▲ 68.3%
Operating result€14k-€-23k€23k€33k▲ 39.8%€74k▲ 128%
Net result€9k-€-24k€23k€22k▼ 2.0%€53k▲ 135%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2020: €14k€14kNet result 2020: €9k€9kOperating result 2021: €-23k€-23kNet result 2021: €-24k€-24kOperating result 2022: €23k€23kNet result 2022: €23k€23kOperating result 2023: €33k€33kNet result 2023: €22k€22kOperating result 2024: €74k€74kNet result 2024: €53k€53k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 128% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €163k
Fixed assets €1k▼ 91.2%
Current assets €162k▲ 78.4%
Equity and liabilities €163k
Equity €93k▲ 68.3%
Debt €70k▲ 45.6%
The debt ratio falls from 46.7% to 43.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€75k
2023 · €40k
Cash flow
€53k
2023 · €30k
Solvency
56.9%
2023 · 53.3%
Current ratio
2.30
2023 · 1.88
Quick ratio
2.30
2023 · 1.88
Debt / equity
0.76
2023 · 0.88
ROE
56.7%
2023 · 40.7%
ROA
32.3%
2023 · 21.7%
Interest coverage
38.34
2023 · 78.16
Debt
€70k
2023 · €48k
Debt ≤ 1 year
€70k
2023 · €48k
Income taxes
€16k
2023 · €10k
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€103k€163k
Fixed assets21/28€13k€1k
Tangible fixed assets22/27€13k€1k
Furniture and vehicles24€13k€1k
Current assets29/58€91k€162k
Amounts receivable within one year40/41€3k€21k
Trade receivables40€3k€21k
Other amounts receivable41€448€17
Cash at bank and in hand54/58€86k€140k
Deferred charges and accrued income490/1€2k€1k
Equity and liabilities
Total equity and liabilities10/49€103k€163k
Equity10/15€55k€93k
Contributions10/11€6k€6k=
Reserves13€49k€87k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€47k€85k
Amounts payable17/49€48k€70k
Amounts payable within one year42/48€48k€70k
Financial debts43€3-
Credit institutions430/8€3-
Trade debts44€5k€12k
Suppliers440/4€5k€12k
Advances received on contracts in progress46€163-
Taxes, remuneration and social security45€17k€19k
Taxes450/3€10k€19k
Remuneration and social security454/9€8k-
Other amounts payable47/48€26k€39k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€856
Other operating charges640/8€2k€2k
Gross operating margin9900€41k€77k
Operating profit (loss)9901€33k€74k
Financial income75/76B-€466
Recurring financial income75-€466
Financial charges65/66B€511€6k
Recurring financial charges65€511€2k
Non-recurring financial charges66B-€4k
Profit (loss) for the period before taxes9903€32k€69k
Income taxes67/77€10k€16k
Profit (loss) for the period9904€22k€53k
Profit (loss) for the period to be appropriated9905€22k€53k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€53k
Transfer to equity691/2€22k€38k
To other reserves6921€22k€38k
Profit to be distributed694/7-€15k
Directors or managers695-€15k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Highest result since 2018net €53k ▲135%
Operating result €74k, net result €53k, both a record.
08-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €23k
Net result €23k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €-24k ▼364%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
29-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
23-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
19-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
28-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Bilzen-Hoeselt · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Merem 103740 Bilzen-Hoeselt
Ground area
906 m²
Building footprint
235 m²
Volume, LiDAR
1,425 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tongersestraat 3, 3740 Bilzen-Hoeselt
Real estate activities
since 20092.180.727.373
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73006H0303/00S000 Flanders 643 m² 1 · 117 m² 10.0 m · 2 fl.
73006H0869/00E005 Flanders 264 m² 1 · 118 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

2025 · 1 entry · 149 EUR awarded · 149 EUR paid
Year Entries awardedpaid
2025 1 149 EUR149 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 149 EUR · 149 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,501 companies in sector 82990 we hold annual accounts for 9,398. 7,180 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-01-2005
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.

Contact details

2 entries
E-mail:info@kalaai.be
Establishment Bilzen-Hoeselt 2.180.727.373
Phone:0499/579.139
Establishment Bilzen-Hoeselt 2.180.727.373