Skip to content

ESTA PROPERTIES

Active
Private limited companyfounded 20241 yr activeFrankrijkstraat 95, 1070 Anderlecht, BelgiumKBO/BCE: BE 1016.852.483
Summary

ESTA PROPERTIES has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €543,320 and a net result of -€256,680. Its solvency ranks better than 52% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes
Profitability8
Solvency57
Growth-
Track record67
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.46; short-term debt: 5.3% and cash: 2% of total assets), and 67.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
24 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 December 2024, ESTA PROPERTIES was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€543,320
Total assets
€1.7m
Net result
-€256,680
Working capital
-€48,304

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €1.7m
Fixed assets €1.6m
Current assets €40,771
Equity and liabilities €1.7m
Equity €543,320
Debt €1.1m
Debt finances 67.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€43,386
Cash flow
-€3,709
Current ratio
0.46
Debt to equity
2.11
ROE
-47.2%
ROA
-15.2%
Interest coverage
0.92
Debt ≤ 1 year
€89,075
Debt > 1 year
€1.1m

Peer companies

Historical observation

Of the 1,682 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 91% are still going.

  • Small
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
  • without age
1.5% went bankrupt
7.7% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,682 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€1.7m
Fixed assets21/28€1.6m
Tangible fixed assets22/27€1.6m
Land and buildings22€1.6m
Current assets29/58€40,771
Amounts receivable within one year40/41€4,500
Trade receivables40€4,500
Cash at bank and in hand54/58€34,126
Deferred charges and accrued income490/1€2,144
Equity and liabilities
Total equity and liabilities10/49€1.7m
Equity10/15€543,320
Contributions10/11€800,000
Profit (loss) carried forward14-€256,680
Amounts payable17/49€1.1m
Amounts payable after more than one year17€1.1m
Financial debts170/4€1.1m
Amounts payable within one year42/48€89,075
Financial debts43€37,336
Credit institutions430/8€37,336
Trade debts44€1,739
Suppliers440/4€1,739
Other amounts payable47/48€50,000
Accrued charges and deferred income492/3€5,420
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€252,971
Other operating charges640/8€10,507
Gross operating margin9900€53,893
Operating profit (loss)9901-€209,585
Financial charges65/66B€47,095
Recurring financial charges65€47,095
Profit (loss) for the period before taxes9903-€256,680
Profit (loss) for the period9904-€256,680
Profit (loss) for the period to be appropriated9905-€256,680
Appropriation of the result
Profit (loss) to be appropriated9906-€256,680

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€252,971
Other operating charges640/8€10,507
Gross operating margin9900€53,893
Operating profit (loss)9901-€209,585
Financial charges65/66B€47,095
Recurring financial charges65€47,095
Profit (loss) for the period before taxes9903-€256,680
Profit (loss) for the period9904-€256,680
Profit (loss) for the period to be appropriated9905-€256,680
Line2025
Assets
Total assets20/58€1.7m
Fixed assets21/28€1.6m
Tangible fixed assets22/27€1.6m
Land and buildings22€1.6m
Current assets29/58€40,771
Amounts receivable within one year40/41€4,500
Trade receivables40€4,500
Cash at bank and in hand54/58€34,126
Deferred charges and accrued income490/1€2,144
Equity and liabilities
Total equity and liabilities10/49€1.7m
Equity10/15€543,320
Contributions10/11€800,000
Profit (loss) carried forward14-€256,680
Amounts payable17/49€1.1m
Amounts payable after more than one year17€1.1m
Financial debts170/4€1.1m
Amounts payable within one year42/48€89,075
Financial debts43€37,336
Credit institutions430/8€37,336
Trade debts44€1,739
Suppliers440/4€1,739
Other amounts payable47/48€50,000
Accrued charges and deferred income492/3€5,420
Line2025
Profit (loss) for the period9904-€256,680
+ Depreciation and write-downs630€252,971
Operating cash flow (approximation)-€3,709

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
NBB filing
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Anderlecht · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
492 m²
Building footprint
470 m²
Volume, LiDAR
6,935 m³
Parcel 21305C0329/00Y006, Brussels · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
ESTA PROPERTIES
Frankrijkstraat 95, 1070 AnderlechtReal estate activities
since 20242.368.369.519
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21305C0329/00Y006 Brussels 492 m² 1 · 470 m² 21.8 m · 6 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ESTA-Invest 90.91%
  2. ESTA PROPERTIES

Highest known parent: ESTA-Invest. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,041 companies in sector 68203 we hold annual accounts for 6,007. 4,409 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
Founded02-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.