Estaminé
ActiveThe computed 12-month bankruptcy probability of Estaminé is 2.4% (moderate). The 2025 annual accounts show equity of €32k and a net result of €-17k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 3668 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency68▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 1.53 against 1.96 in 2024; short-term debt: 56.7% and cash: 25.5% of total assets), but 56.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
-22.5%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-17k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
on the day
2021
4 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€32k▼ 34.2%
2024 · €49k
2019: €92k
2020: €62k
2021: €55k
2022: €159k
2023: €159k
2024: €49k
2019 → 2025
Total assets
€74k▼ 12.1%
2024 · €84k
2019: €287k
2020: €182k
2021: €149k
2022: €290k
2023: €381k
2024: €84k
2019 → 2025
Net result
€-17k▲ 81.7%
2024 · €-91k
2019: €74k
2020: €-30k
2021: €-8k
2022: €105k
2023: €158k
2024: €-91k
2019 → 2025
Working capital
€22k▼ 34.8%
2024 · €34k
2019: €-55k
2020: €-51k
2021: €-45k
2022: €73k
2023: €146k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€159k▲ 192%€159k=€49k▼ 69.4%€32k▼ 34.2%
Operating result€-6k-€114k€209k▲ 84.5%€-87k€-12k▲ 85.8%
Net result€-8k-€105k€158k▲ 51.1%€-91k€-17k▲ 81.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €87k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€10k▼ 33.2%
Current assets
€64k▼ 7.7%
Equity and liabilities €74k
Equity
€32k▼ 34.2%
Debt
€42k▲ 18.1%
The debt ratio rises from 42.2% to 56.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-82k
Cash flow
€-11k▲
2024 · €-86k
Solvency
43.3%▼
2024 · 57.8%
Current ratio
1.53▼
2024 · 1.96
Quick ratio
1.53▼
2024 · 1.96
Debt / equity
1.31▲
2024 · 0.73
ROE
-52.0%▲
2024 · -186.4%
ROA
-22.5%▲
2024 · -107.7%
Interest coverage
-1.56▲
2024 · -22.62
Debt
€42k▲
2024 · €36k
Debt ≤ 1 year
€42k▲
2024 · €36k
Income taxes
€288▲
2024 · €223
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€84k€74k▼
Fixed assets21/28€15k€10k▼
Intangible fixed assets21€1k€751▼
Tangible fixed assets22/27€14k€9k▼
Plant, machinery and equipment23€1k€878▼
Furniture and vehicles24€12k€8k▼
Current assets29/58€70k€64k▼
Amounts receivable within one year40/41€43k€30k▼
Trade receivables40€43k€30k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€6k€19k▲
Deferred charges and accrued income490/1€21k€15k▼
Equity and liabilities
Total equity and liabilities10/49€84k€74k▼
Equity10/15€49k€32k▼
Contributions10/11€1k€1k=
Reserves13€139k€139k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€139k€139k=
Profit (loss) carried forward14€-91k€-108k▼
Amounts payable17/49€36k€42k▲
Amounts payable within one year42/48€36k€42k▲
Trade debts44€17k€17k▼
Suppliers440/4€17k€17k▼
Advances received on contracts in progress46€269€0▼
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€3k€9k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€15k€17k▲
Accrued charges and deferred income492/3€87€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-80k€-5k▲
Operating profit (loss)9901€-87k€-12k▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-91k€-16k▲
Income taxes67/77€223€288▲
Profit (loss) for the period9904€-91k€-17k▲
Profit (loss) for the period to be appropriated9905€-91k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-108k▼
Profit (loss) brought forward from the previous period14P-€-91k
Transfer from equity791/2€2k€0▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-91k ▼158%
Net result drops to €-91k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €158k ▲51.1%
Operating result €209k, net result €158k, both a record.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €105k
Net result €105k after 2 loss-making years.
31-03
Financial
Liquidity triplescurrent ratio 1.56
Current ratio from 0.50 to 1.56.
31-03
Financial
Equity above €150kEq €159k ▲192%
Equity rises from €55k to €159k.
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Lievegem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Biesbilkske 259930 LievegemGround area
673 m²
Building footprint
146 m²
Volume, LiDAR
1,031 m³
Parcel 44080D0913/00N000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Estaminé
since 20172.267.182.582
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D0913/00N000 | Flanders | 673 m² | 1 · 146 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2024 · 1 entry · 720 EUR awarded · 720 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 720 EUR | 720 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TIAMI
BE 0477.501.108
Bredene · Eq €32k
HET FOOD KONCEPT
BE 0674.996.571
Hasselt · Eq €32k
T-TABAKU
BE 0762.649.434
Grimbergen · Eq €32k
DOB
BE 0780.711.131
Sint-Katelijne-Waver · Eq €32k
PEMA SANG
BE 0656.735.827
Roeselare · Eq €32k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,538 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2017
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
41001General construction of residential buildings
56210Event catering
56301Cafés and bars
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.