ESSENSYS

Active

Public limited companyfounded 2003active for 23 yearsAntwerpse Heirweg 62, 8340 Damme, BelgiumKBO/BCE: BE 0480.687.953

Summary

ESSENSYS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€45,277. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 55% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

ESSENSYSActiveChecked score 94/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

7th largest company by total assets in Damme, Real estate sector1 site

Size

€4.0mtotal assets 2025

Equity: €1.5m
Loss: -€45,277

Turnover not published (abbreviated or micro format)

Financial health

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Holdings: 2

2025 accounts 1 day early7 deeds in the Belgian Official Gazette

Why 94raises risk1 of the last 3 latelowers riskSize: total assets €4.0mLiquidity: current ratio 0.74, cash €1.5mFigures for financial year 2025 (filed 30-07-2026)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 52% of its sector peers (NACE 68, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 62+1

equity 36.8% of total assets

Liquidity 66+48

short-term debt 59.7% · cash 37.7%

Profitability 34-5

return on assets -1.1%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,985 companies, NACE 68, small)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.2 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €130,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.74, compared with 0.73 in 2024, below 1; short-term debt: 59.7% and cash: 37.7% of total assets), and 63.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 56% on solvency, 91% on liquidity, 28% on profitability and 32% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €4.0m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 of the last 3 late

NBB · filings

Liquidity: current ratio 0.74, cash €1.5m

NBB · annual accounts

Figures for financial year 2025 (filed 30-07-2026)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1919202122232425

2019 to 2025 · latest year -€45,277

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

27 days late

2023

57 days late

2022

60 days late

2021

78 days late

2020

61 days late

2019

11 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 filed years within 31 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
04-06-2026 General meeting · Director resignationDirector discharge · Director appointment
18-12-2025 General meeting · Other provisionShare cancellation · Capital increase

Key points

Caution: Among the weakest 18% on net resultsector median €10,062 · 11,183 companies -€45,277 View
Caution: 2 loss-making years in a rowloss financial year 2025 -€45,277 View
Total assets 20256 financial years filed €4.0m View

By topic

Financials

Financial year: 2025
Total assets: €4.0m
Loss: -€45,277
Solvency: 36.8%

Total assets▼ 5.8%

Net result

20192025

Go to Financials

Network & group

Holdings: 2
Mergers and asset contributions: 1

2 holdings

Go to Network & group

Timeline

Events: 43
Since: 2006
Next accounts: by 31-07-2027

10-10-2025Director resignation · Director appointment
10-10-2025General meeting · Director resignation
27-08-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Development of residential building projectsNACE 68121
Founded: 05-06-2003
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about ESSENSYS

What is the company number of ESSENSYS?: 0480.687.953. In Belgium the VAT number is the company number with BE in front: BE 0480.687.953.
Where is ESSENSYS based?: The registered office is at Antwerpse Heirweg 62, 8340 Damme.Company details
What does ESSENSYS do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of ESSENSYS?: Public limited company (NV).
When was ESSENSYS founded?: On 05-06-2003.
Is ESSENSYS still active?: Yes, ESSENSYS is an active enterprise in the KBO register.
What is the turnover of ESSENSYS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ESSENSYS profitable?: In financial year 2025, ESSENSYS made a loss of €45,277.
Where can I find the annual accounts of ESSENSYS?: ESSENSYS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ESSENSYS due?: By 31-07-2027, for financial year 2026.Timeline