ESTABLIS GROUP
ActiveSummary
ESTABLIS GROUP has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €392,323. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 93% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 14-11-2003 Normal situation
- Activity
- Agents in non-specialised wholesale trade NACE 46190and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.134.345.042 8800 Roeselare, since 21-11-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Moortgat FrederikDirector
Shareholders
- NOOTION10%31-03-2026 annual accounts of NOOTION
- Holdings
- Shares in 4 companies including TAYTREAM and ESTABLIS ANTWERPEN
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €355,982
- ▼ 13.8%
- Turnover
- ≈ €1.8m
- estimated
- Profit
- €392,323
- ▼ 5.1%
- Equity
- €3.2m
- ▲ 14.0%
- Total assets
- €3.5m
- ▲ 13.1%
- Employees on 31-12-2025
- 4
- =
Filed on 30-06-2026, 31 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 6.89, cash €701,264Figures for financial year 2025 (filed on 30-06-2026)Founded in 2003Equity €3.2m (91.4% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 91.4% of total assets
Liquidity
75-7
short-term debt 8.4% · cash 20.1%
Profitability
83-2
return on assets 11.2%
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).
Last 24 months
08-2025: < 0.1%
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
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 05-2026highest value
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 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.89 (6.11 in 2024), above the usual 1.5. Short-term debt is 8.4% and cash 20.1% of total assets. 8.6% 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 46, micro). It does better than 90% of them on solvency, 79% on liquidity, 77% on profitability and 70% 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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
13 days early
2023
23 days early
2022
53 days early
2021
39 days early
2020
31 days early
2019
15 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 29 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 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 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: More equity than 95% of companies in wholesale tradesector median €364,964 · 9,825 companies €3.2m 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: €392,323 8 years View
- Heads a groupcompanies controlled 4 View
Recent changes
- · Gazette deed Board meeting · Permanent representative
- · Gazette deed Registered office clause · Corporate purpose
- · Gazette deed Other provision · Accounting effect
Companies linked to ESTABLIS GROUP
Comparable companies
These companies have the same main activity as ESTABLIS GROUP: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €2.3m and €6.8m, founded between 1989 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| ESTABLIS GROUP Roeselare | €3.5m | €0.4m |
| BERTEC Nazareth-De Pinte | €3.0m | €0.7m |
| BOSSAERT Poperinge | €2.4m | €0.2m |
| E.T.C. De Haan | €2.3m | €0.3m |
| 4 A + Anzegem | €6.8m | €0.8m |
| ANDREX Antwerpen | €4.5m | €0.5m |
| TESSIMMO Kruisem | €3.9m | €0.6m |
Key facts about ESTABLIS GROUP
- What is the company number of ESTABLIS GROUP?
- The company number of ESTABLIS GROUP is 0861.634.469. The VAT number is the same number with BE in front: BE 0861.634.469.
- Where is ESTABLIS GROUP based?
- The registered office is at Beversesteenweg 612, 8800 Roeselare.Company details
- What does ESTABLIS GROUP do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of ESTABLIS GROUP?
- The legal form of ESTABLIS GROUP is Private limited company (BV).
- When was ESTABLIS GROUP founded?
- ESTABLIS GROUP was founded on 14-11-2003.
- Is ESTABLIS GROUP still active?
- Yes, ESTABLIS GROUP is an active enterprise in the KBO register.
- How many employees does ESTABLIS GROUP have?
- ESTABLIS GROUP had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ESTABLIS GROUP fall under?
- In its 2025 annual accounts, ESTABLIS GROUP states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of ESTABLIS GROUP?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €355,982 and 138 comparable companies (NACE 46). It probably lies between €1.1m and €3.1m.
- Is ESTABLIS GROUP profitable?
- In financial year 2025, ESTABLIS GROUP made a profit of €392,323.
- Where can I find the annual accounts of ESTABLIS GROUP?
- ESTABLIS GROUP filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ESTABLIS GROUP due?
- ESTABLIS GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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