Essentialism
ActiveSummary
Essentialism has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €19k. Equity is growing by ~52.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-19
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.12 against 4.24 in 2024; short-term debt: 23.3% and cash: 54.8% of total assets), and 23.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
76.7%
Return on assets
10%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
36 d early
2023
30 d early
2022
31 d early
2021
17 d early
2020
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€143k▲ 3.3%
2024 · €138k
2020: €20klowest in 6 years
2021: €26k▲ +31.5% vs 2020
2022: €40k▲ +52.6% vs 2021
2023: €80k▲ +99.8% vs 2022
2024: €138k▲ +71.9% vs 2023
2025: €143k▲ +3.3% vs 2024highest in 6 years
2020 → 2025
Total assets
€186k▲ 3.9%
2024 · €179k
2020: €36klowest in 6 years
2021: €61k▲ +72.2% vs 2020
2022: €83k▲ +34.7% vs 2021
2023: €137k▲ +65.4% vs 2022
2024: €179k▲ +30.7% vs 2023
2025: €186k▲ +3.9% vs 2024highest in 6 years
2020 → 2025
Net result
€19k▼ 67.8%
2024 · €58k
2020: €14k
2021: €6k▼ -55.1% vs 2020lowest in 6 years
2022: €14k▲ +120% vs 2021
2023: €46k▲ +233% vs 2022
2024: €58k▲ +25.2% vs 2023highest in 6 years
2025: €19k▼ -67.8% vs 2024
2020 → 2025
Working capital
€135k▲ 2.2%
2024 · €132k
2020: €20k
2021: €16k▼ -16.3% vs 2020lowest in 6 years
2022: €28k▲ +72.0% vs 2021
2023: €73k▲ +160% vs 2022
2024: €132k▲ +80.0% vs 2023
2025: €135k▲ +2.2% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€40k▲ 52.6%€80k▲ 99.8%€138k▲ 71.9%€143k▲ 3.3%
2021: €26klowest in 5 years
2022: €40k▲ +52.6% vs 2021
2023: €80k▲ +99.8% vs 2022
2024: €138k▲ +71.9% vs 2023
2025: €143k▲ +3.3% vs 2024highest in 5 years
Operating result€10k-€21k▲ 103%€66k▲ 212%€83k▲ 25.2%€28k▼ 66.1%
2021: €10klowest in 5 years
2022: €21k▲ +103% vs 2021
2023: €66k▲ +212% vs 2022
2024: €83k▲ +25.2% vs 2023highest in 5 years
2025: €28k▼ -66.1% vs 2024
Net result€6k-€14k▲ 120%€46k▲ 233%€58k▲ 25.2%€19k▼ 67.8%
2021: €6klowest in 5 years
2022: €14k▲ +120% vs 2021
2023: €46k▲ +233% vs 2022
2024: €58k▲ +25.2% vs 2023highest in 5 years
2025: €19k▼ -67.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€8k ▲ 28.2%
Current assets
€178k ▲ 3.1%
Equity and liabilities €186k
Equity
€143k ▲ 3.3%
Debt
€43k ▲ 6.0%
Debt's share of the balance-sheet total rises from 22.8% to 23.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▼
2024 · €88k
Cash flow
€22k▼
2024 · €63k
Current ratio
4.12▼
2024 · 4.24
Debt to equity
0.30▲
2024 · 0.30
ROE
13.0%▼
2024 · 41.8%
ROA
10.0%▼
2024 · 32.3%
Interest coverage
118.35▼
2024 · 145.82
Debt ≤ 1 year
€43k▲
2024 · €41k
Income taxes
€9k▼
2024 · €25k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€179k€186k▲
Fixed assets21/28€6k€8k▲
Tangible fixed assets22/27€6k€8k▲
Plant, machinery and equipment23€588€101▼
Furniture and vehicles24€5k€8k▲
Current assets29/58€173k€178k▲
Amounts receivable within one year40/41€87k€75k▼
Trade receivables40€86k€69k▼
Other amounts receivable41€456€6k▲
Cash at bank and in hand54/58€85k€102k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€179k€186k▲
Equity10/15€138k€143k▲
Contributions10/11€6k€6k=
Reserves13€132k€137k▲
Distributable reserves133€132k€137k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€41k€43k▲
Amounts payable within one year42/48€41k€43k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€31k€13k▼
Taxes450/3€31k€13k▼
Other amounts payable47/48€6k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€830€1k▲
Gross operating margin9900€89k€33k▼
Operating profit (loss)9901€83k€28k▼
Financial income75/76B€11€90▲
Recurring financial income75€11€90▲
Financial charges65/66B€603€266▼
Recurring financial charges65€603€266▼
Profit (loss) for the period before taxes9903€82k€28k▼
Income taxes67/77€25k€9k▼
Profit (loss) for the period9904€58k€19k▼
Profit (loss) for the period to be appropriated9905€58k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€19k▼
Transfer from equity791/2-€14k
Transfer to equity691/2€58k€19k▼
To other reserves6921€58k€19k▼
Profit to be distributed694/7€0€14k▲
Return on contributions (dividend)694€0€14k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €500 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €8k | €9k | €5k | €3k | ▼ 33.6% |
| Other operating charges640/8 | €1k | €445 | €2k | €830 | €1k | ▲ 37.2% |
| Gross operating margin9900 | €17k | €30k | €78k | €89k | €33k | ▼ 63.3% |
| Operating profit (loss)9901 | €10k | €21k | €66k | €83k | €28k | ▼ 66.1% |
| Financial income75/76B | €2 | €0 | - | €11 | €90 | ▲ 705% |
| Recurring financial income75 | €2 | €0 | - | €11 | €90 | ▲ 705% |
| Financial charges65/66B | €332 | €416 | €291 | €603 | €266 | ▼ 55.9% |
| Recurring financial charges65 | €332 | €416 | €291 | €603 | €266 | ▼ 55.9% |
| Profit (loss) for the period before taxes9903 | €10k | €21k | €66k | €82k | €28k | ▼ 66.1% |
| Income taxes67/77 | €4k | €7k | €20k | €25k | €9k | ▼ 62.0% |
| Profit (loss) for the period9904 | €6k | €14k | €46k | €58k | €19k | ▼ 67.8% |
| Profit (loss) for the period to be appropriated9905 | €6k | €14k | €46k | €58k | €19k | ▼ 67.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61k | €83k | €137k | €179k | €186k | ▲ 3.9% |
| Fixed assets21/28 | €18k | €15k | €7k | €6k | €8k | ▲ 28.2% |
| Tangible fixed assets22/27 | €18k | €15k | €7k | €6k | €8k | ▲ 28.2% |
| Plant, machinery and equipment23 | €2k | €2k | €2k | €588 | €101 | ▼ 82.9% |
| Furniture and vehicles24 | €16k | €13k | €5k | €5k | €8k | ▲ 40.4% |
| Current assets29/58 | €43k | €68k | €130k | €173k | €178k | ▲ 3.1% |
| Amounts receivable within one year40/41 | €22k | €30k | €82k | €87k | €75k | ▼ 13.3% |
| Trade receivables40 | €10k | €30k | €82k | €86k | €69k | ▼ 19.8% |
| Other amounts receivable41 | €12k | €57 | €18 | €456 | €6k | ▲ 1,227% |
| Cash at bank and in hand54/58 | €20k | €35k | €46k | €85k | €102k | ▲ 19.9% |
| Deferred charges and accrued income490/1 | €885 | €4k | €1k | €1k | €1k | ▼ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61k | €83k | €137k | €179k | €186k | ▲ 3.9% |
| Equity10/15 | €26k | €40k | €80k | €138k | €143k | ▲ 3.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €20k | €34k | €74k | €132k | €137k | ▲ 3.4% |
| Distributable reserves133 | €20k | €34k | €74k | €132k | €137k | ▲ 3.4% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €35k | €43k | €56k | €41k | €43k | ▲ 6.0% |
| Amounts payable after more than one year17 | €8k | €3k | €0 | - | - | - |
| Financial debts170/4 | €8k | €3k | €0 | - | - | - |
| Amounts payable within one year42/48 | €27k | €40k | €56k | €41k | €43k | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | €6k | €6k | €3k | €0 | - | - |
| Trade debts44 | €956 | €2k | €800 | €3k | €3k | ▼ 12.4% |
| Suppliers440/4 | €956 | €2k | €800 | €3k | €3k | ▼ 12.4% |
| Taxes, remuneration and social security45 | €15k | €28k | €43k | €31k | €13k | ▼ 60.0% |
| Taxes450/3 | €15k | €23k | €43k | €31k | €13k | ▼ 60.0% |
| Remuneration and social security454/9 | - | €5k | €0 | - | - | - |
| Other amounts payable47/48 | €6k | €4k | €10k | €6k | €28k | ▲ 344% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €14k | €46k | €58k | €19k | ▼ 67.8% |
| + Depreciation and write-downs630 | €5k | €8k | €9k | €5k | €3k | ▼ 33.6% |
| Operating cash flow (approximation) | €11k | €22k | €55k | €63k | €22k | ▼ 65.1% |
| Investment in fixed assets (approximation) | - | €-5k | €-1k | €-4k | €-5k | ▼ 23.3% |
| Change in cash | - | €15k | €12k | €39k | €17k | ▼ 56.4% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €58k ▲25.2%
Operating result €83k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €138k ▲71.9%
5 profitable years in a row build equity to €138k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €6k ▼55.1%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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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, Herent · 1 establishment unit since 2019
Ground area
1,779 m²
Building footprint
165 m²
Volume, LiDAR
1,037 m³
Parcel 24127C0207/00L000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Essentialism
since 20192.306.070.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127C0207/00L000 | Flanders | 1,779 m² | 1 · 165 m² | 10.0 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 · 1 entry · 690 EUR awarded · 690 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 690 EUR | 690 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,470 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
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
73200Market research and public opinion polling
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.