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Essity Belgium

Active
Public limited companyfounded 1966active for 60 yearsBerkenlaan 8B, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0405.681.516
Summary

Essity Belgium has been active since 1966 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.6m and a net result of €15.0m. Equity is shrinking by about 3% per year across the filed financial years. Its solvency ranks better than 21% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
Essity BelgiumActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46493Manufacture of paper and paper products NACE 17220
1 site
Size
€151.4mturnover 2025
Staff
87 FTE
Equity
€20.6m
Profit
€15.0m
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Essity Group Holding BV · 100%
2025 accounts 72 days early13 of 77 deeds summarised
Why 87raises riskLiquidity: current ratio 1.83Equity €20.6m (19.0% of total assets)lowers riskSize: turnover €151.4m, 87 FTE, total assets €108.3mFounded in 1966Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 46, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 44-4
equity 19.0% of total assets
Liquidity 51-12
short-term debt 48.9%
Profitability 86+3
return on assets 13.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.2%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.5%▼ -0.7 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.3 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €1,750,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.83, compared with 2.15 in 2024, above the usual 1.5; short-term debt: 48.9% of total assets), but 81% 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 46, medium-sized): better than 24% on solvency, 76% on liquidity, 94% on profitability and 34% on growth.

The bankruptcy probability was computed on 27-10-2026 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
raises risk · Liquidity: current ratio 1.83
NBB · annual accounts
raises risk · Equity €20.6m (19.0% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €151.4m, 87 FTE, total assets €108.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1966
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6141 sector peers (2025).
NBB · sector comparison
Position among 6141 sector peers
Solvency
better than 21%
← weakest strongest →
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
72 days early
2024
72 days early
2023
69 days early
2022
61 days early
2021
62 days early
2020
61 days early
2019
57 days early
← 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 65 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · 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 24 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations & appointmentsPower of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Among the best 5% on net resultsector median €112,347 · 6,076 companies €15.0m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €15.0m 8 years View
  • Controlled by Essity Group Holding BVultimately: Essity Aktiebolaget (publ) 100% View
  • Active since 1966founded 01-01-1966 60 years View

By topic

Financials

Financial year
2025
Turnover
€151.4m
Profit
€15.0m
Solvency
19.0%
Turnover▲ 2.0%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Essity Group Holding BV · 100%
  • Frank Van WanseeleDirector
  • Peter De MeyerDirector
Go to Board & ownership

Timeline

Events
70
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €10m
  2. 30-08-2024Resignation: Brigitta Willems (director)
  3. 25-07-2024Resignations & appointments
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46493
Founded
01-01-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Essity Belgium

What is the company number of Essity Belgium?
0405.681.516. In Belgium the VAT number is the company number with BE in front: BE 0405.681.516.
Where is Essity Belgium based?
The registered office is at Berkenlaan 8B, 1831 Machelen (Brab.).Company details
What does Essity Belgium do?
According to the KBO register, the main activity is wholesale trade (NACE 46493).
What is the legal form of Essity Belgium?
Public limited company (NV).
When was Essity Belgium founded?
On 01-01-1966.
Is Essity Belgium still active?
Yes, Essity Belgium is an active enterprise in the KBO register.
How many employees does Essity Belgium have?
On average 87 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Essity Belgium?
€151.4m in financial year 2025, according to the filed annual accounts.
Is Essity Belgium profitable?
In financial year 2025, Essity Belgium made a profit of €15.0m.
Where can I find the annual accounts of Essity Belgium?
Essity Belgium filed 55 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Essity Belgium due?
By 31-07-2027, for financial year 2026.Timeline

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