ESSENTIAL HR
ActiveSummary
ESSENTIAL HR has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116,043 and a net result of €25,051. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 3 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,544 | €24,730 | €24,821 | ▲ 0.4% |
| Other operating charges640/8 | €1,193 | €1,319 | €819 | ▼ 37.9% |
| Gross operating margin9900 | €104,695 | €64,609 | €60,182 | ▼ 6.9% |
| Operating profit (loss)9901 | €77,958 | €38,560 | €34,542 | ▼ 10.4% |
| Financial charges65/66B | €206 | €2,325 | €1,874 | ▼ 19.4% |
| Recurring financial charges65 | €206 | €2,325 | €1,874 | ▼ 19.4% |
| Profit (loss) for the period before taxes9903 | €77,753 | €36,236 | €32,668 | ▼ 9.8% |
| Income taxes67/77 | €16,065 | €8,299 | €7,617 | ▼ 8.2% |
| Profit (loss) for the period9904 | €61,688 | €27,937 | €25,051 | ▼ 10.3% |
| Profit (loss) for the period to be appropriated9905 | €61,688 | €27,937 | €25,051 | ▼ 10.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €208,419 | €162,110 | €171,541 | ▲ 5.8% |
| Fixed assets21/28 | €153,986 | €129,256 | €105,095 | ▼ 18.7% |
| Intangible fixed assets21 | €126,524 | €107,774 | €89,024 | ▼ 17.4% |
| Tangible fixed assets22/27 | €27,462 | €21,482 | €16,071 | ▼ 25.2% |
| Furniture and vehicles24 | €27,462 | €21,482 | €16,071 | ▼ 25.2% |
| Current assets29/58 | €54,434 | €32,855 | €66,446 | ▲ 102% |
| Amounts receivable within one year40/41 | €12,059 | €2,819 | €26,204 | ▲ 830% |
| Trade receivables40 | €12,059 | €2,717 | €25,865 | ▲ 852% |
| Other amounts receivable41 | - | €102 | €340 | ▲ 233% |
| Cash at bank and in hand54/58 | €40,672 | €28,966 | €39,049 | ▲ 34.8% |
| Deferred charges and accrued income490/1 | €1,703 | €1,071 | €1,193 | ▲ 11.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €208,419 | €162,110 | €171,541 | ▲ 5.8% |
| Equity10/15 | €63,888 | €90,992 | €116,043 | ▲ 27.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €60,888 | €87,992 | €113,043 | ▲ 28.5% |
| Amounts payable17/49 | €144,531 | €71,118 | €55,497 | ▼ 22.0% |
| Amounts payable after more than one year17 | €19,353 | €47,091 | €32,047 | ▼ 31.9% |
| Financial debts170/4 | €19,353 | €47,091 | €32,047 | ▼ 31.9% |
| Amounts payable within one year42/48 | €125,179 | €24,027 | €23,450 | ▼ 2.4% |
| Current portion of amounts payable after more than one year42 | €4,924 | €14,569 | €15,044 | ▲ 3.3% |
| Trade debts44 | €148 | €31 | €721 | ▲ 2,226% |
| Suppliers440/4 | €148 | €31 | €721 | ▲ 2,226% |
| Taxes, remuneration and social security45 | €18,966 | €8,844 | €7,617 | ▼ 13.9% |
| Taxes450/3 | €18,966 | €8,844 | €7,617 | ▼ 13.9% |
| Other amounts payable47/48 | €101,141 | €583 | €68 | ▼ 88.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,688 | €27,937 | €25,051 | ▼ 10.3% |
| + Depreciation and write-downs630 | €25,544 | €24,730 | €24,821 | ▲ 0.4% |
| Operating cash flow (approximation) | €87,232 | €52,667 | €49,872 | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | €0 | -€660 | - |
| Change in cash | - | -€11,706 | €10,083 | ▲ 186% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0022/00X002 | Wallonia | 1,650 m² | 1 · 317 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.