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ESSENTIONS

Active
Private limited companyfounded 2013active for 13 yearsGroenstraat 324, 9041 Gent, BelgiumKBO/BCE: BE 0504.954.185
Summary

ESSENTIONS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €994,244 and a net result of €55,278. Equity has been growing by about 39% per year since 2019. Its solvency ranks better than 80% of 538 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-02-2013 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 3 others
Establishment unit
2.218.373.172 1760 Roosdaal, since 15-02-2013
Financial year end
31 March
Peppol
Reachable since 17-07-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€123,001
▼ 2.5%
Turnover
≈ €190,000
estimated
Profit
€55,278
▼ 3.5%
Equity
€994,244
▼ 2.8%
Total assets
€1.2m
▲ 6.9%
Filed on 27-10-2026, 4 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 4.93, cash €539,634Size: total assets €1.2mFigures for financial year 2026 (filed on 29-10-2026)Equity €994,244 (85.6% of total assets)Show the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 85.6% of total assets
Liquidity 100+1
short-term debt 10.5% · cash 46.4%
Profitability 75=
return on assets 4.8%
Bankruptcy probability within 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% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.93 (59.69 in 2025), above the usual 1.5. Short-term debt is 10.5% and cash 46.4% of total assets. 14.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 85% of them on solvency, 92% on liquidity, 33% on profitability and 36% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.93, cash €539,634
NBB · annual accounts
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 29-10-2026)
NBB · annual accounts
lowers risk · Equity €994,244 (85.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 27-10-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
4 days early
2025
8 days early
2024
3 days early
2023
4 days early
2022
6 days early
2021
9 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in computer programming and consultancysector median €81,765 · 540 companies €994,244 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €55,278 8 years View
  • Merger with 10Xmerger on 05-01-2024 2024 View

Recent changes

  1. · Gazette deed Merger: ESSENTIONS takes over 10XResignations: VAN HECKE Walter (director) and ESSENTIONS (director) · Permanent representative: VAN HECKE Walter · Reappointment: VAN HECKE Walter (director)
  2. · Gazette deed Merger proposal: ESSENTIONS takes over 10X
  3. · Gazette deed Incorporation
All 20 events

Comparable companies

These companies have the same main activity as ESSENTIONS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1m and €1.3m, founded between 2011 and 2013.

CompanyTotal assetsGross margin
ESSENTIONS Gent€1.2m€0.1m
MINIES Lochristi€1.1m€0.1m
INCOTEC Beernem€1.1m€0.1m
INTELLIGENT SOLUTIONS Zoutleeuw€1.3m€0.1m
RED INVESTMENTS Keerbergen€1.0m€0.1m
SMT Simple Management Technologies Machelen (Brab.)€1.3m€0.1m
IBIT SOFT Anzegem€1.2m€0.1m
Full comparison

Key facts about ESSENTIONS

What is the company number of ESSENTIONS?
The company number of ESSENTIONS is 0504.954.185. The VAT number is the same number with BE in front: BE 0504.954.185.
Where is ESSENTIONS based?
The registered office is at Groenstraat 324, 9041 Gent.Company details
What does ESSENTIONS do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of ESSENTIONS?
The legal form of ESSENTIONS is Private limited company (BV).
When was ESSENTIONS founded?
ESSENTIONS was founded on 15-02-2013.
Is ESSENTIONS still active?
Yes, ESSENTIONS is an active enterprise in the KBO register.
How many employees does ESSENTIONS have?
ESSENTIONS had an average of 0.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of ESSENTIONS?
The turnover in financial year 2026 is ≈ €190,000. This figure is estimated from the gross margin of €123,001 and 42 comparable companies (NACE 62200). It probably lies between €170,000 and €240,000.
Is ESSENTIONS profitable?
In financial year 2026, ESSENTIONS made a profit of €55,278.
Where can I find the annual accounts of ESSENTIONS?
ESSENTIONS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ESSENTIONS due?
ESSENTIONS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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