ESTEA
ActiveSummary
ESTEA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €223,891 and a net result of €37,580. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+2
Solvency84▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.91 in 2024; short-term debt: 40.7% and cash: 3.5% of total assets), and 40.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.3%
Return on assets
10%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
on the day
2023
2 d late
2022
14 d early
2021
4 d early
2020
2 d early
2019
27 d late
← 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 on the deadline day; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37,580▲ 18.8%
2024 · €31,638
Working capital
€26,105
2024 · -€16,458
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,831▼ 64.7%€13,212▼ 63.1%€18,472▲ 39.8%€45,440▲ 146%€51,054▲ 12.4%
Net result€20,385within the sector's middle half▼ 69.7%€3,085within the sector's middle half▼ 84.9%€7,782within the sector's middle half▲ 152%€31,638above the sector's middle half▲ 307%€37,580above the sector's middle half▲ 18.8%
Equity€172,087within the sector's middle half▲ 12.3%€173,572within the sector's middle half▲ 0.9%€181,354above the sector's middle half▲ 4.5%€193,292above the sector's middle half▲ 6.6%€223,891above the sector's middle half▲ 15.8%
Total assets€486,281within the sector's middle half▼ 5.7%€445,603within the sector's middle half▼ 8.4%€410,675above the sector's middle half▼ 7.8%€388,159above the sector's middle half▼ 5.5%€377,306above the sector's middle half▼ 2.8%
Debt€314,194▼ 13.3%€272,031▼ 13.4%€229,321▼ 15.7%€194,866▼ 15.0%€153,416▼ 21.3%
Working capital€39,704within the sector's middle half▼ 3.0%€18,341within the sector's middle half▼ 53.8%-€202within the sector's middle half-€16,458below the sector's middle half▼ 8,036%€26,105within the sector's middle half
Solvency35.4%within the sector's middle half▲ 5.7pp39.0%within the sector's middle half▲ 3.6pp44.2%within the sector's middle half▲ 5.2pp49.8%within the sector's middle half▲ 5.6pp59.3%within the sector's middle half▲ 9.5pp
Current ratio1.28within the sector's middle half▼ 0.021.12within the sector's middle half▼ 0.161.00within the sector's middle half▼ 0.120.91within the sector's middle half▼ 0.091.17within the sector's middle half▲ 0.26
Return on assets (ROA)4.2%within the sector's middle half▼ 8.9pp0.7%within the sector's middle half▼ 3.5pp1.9%within the sector's middle half▲ 1.2pp8.2%within the sector's middle half▲ 6.3pp10.0%within the sector's middle half▲ 1.8pp
Staff (FTE)1.1below the sector's middle half▼ 35.3%1.1below the sector's middle half=1▼ 9.1%0.4▼ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377,306
Fixed assets
€197,785 ▼ 11.6%
Current assets
€179,521 ▲ 9.1%
Equity and liabilities €377,306
Equity
€223,891 ▲ 15.8%
Debt
€153,416 ▼ 21.3%
Debt's share of the balance-sheet total falls from 50.2% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76,882▲
2024 · €71,497
Cash flow
€63,407▲
2024 · €57,695
Quick ratio
0.21▲
2024 · 0.13
Debt to equity
0.69▼
2024 · 1.01
ROE
16.8%▲
2024 · 16.4%
Interest coverage
10.83▲
2024 · 7.93
Debt ≤ 1 year
€153,416▼
2024 · €181,004
Income taxes
€8,539▲
2024 · €7,069
Staff costs
€359▼
2024 · €16,657
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
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 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37,103 | €37,303 | €38,963 | €16,657 | €359 | ▼ 97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,747 | €28,866 | €26,056 | €26,056 | €25,828 | ▼ 0.9% |
| Other operating charges640/8 | €5,135 | €4,990 | €5,758 | €5,770 | €5,871 | ▲ 1.7% |
| Gross operating margin9900 | €120,817 | €84,371 | €89,248 | €93,924 | €83,112 | ▼ 11.5% |
| Operating profit (loss)9901 | €35,831 | €13,212 | €18,472 | €45,440 | €51,054 | ▲ 12.4% |
| Financial income75/76B | €3,670 | €2,556 | €2,427 | €2,280 | €2,166 | ▼ 5.0% |
| Recurring financial income75 | €3,670 | €2,556 | €2,427 | €2,280 | €2,166 | ▼ 5.0% |
| Financial charges65/66B | €12,981 | €10,403 | €9,217 | €9,014 | €7,101 | ▼ 21.2% |
| Recurring financial charges65 | €12,981 | €10,403 | €9,217 | €9,014 | €7,101 | ▼ 21.2% |
| Profit (loss) for the period before taxes9903 | €26,520 | €5,365 | €11,682 | €38,707 | €46,119 | ▲ 19.1% |
| Income taxes67/77 | €6,135 | €2,281 | €3,900 | €7,069 | €8,539 | ▲ 20.8% |
| Profit (loss) for the period9904 | €20,385 | €3,085 | €7,782 | €31,638 | €37,580 | ▲ 18.8% |
| Profit (loss) for the period to be appropriated9905 | €20,385 | €3,085 | €7,782 | €31,638 | €37,580 | ▲ 18.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €486,281 | €445,603 | €410,675 | €388,159 | €377,306 | ▼ 2.8% |
| Fixed assets21/28 | €303,455 | €275,725 | €249,669 | €223,613 | €197,785 | ▼ 11.6% |
| Tangible fixed assets22/27 | €303,455 | €275,725 | €249,669 | €223,613 | €197,785 | ▼ 11.6% |
| Land and buildings22 | €292,486 | €268,811 | €245,136 | €221,461 | €197,785 | ▼ 10.7% |
| Plant, machinery and equipment23 | €2,945 | - | - | - | - | - |
| Furniture and vehicles24 | €8,024 | €6,914 | €4,533 | €2,152 | - | - |
| Current assets29/58 | €182,826 | €169,878 | €161,006 | €164,546 | €179,521 | ▲ 9.1% |
| Stocks and contracts in progress3 | €157,206 | €148,238 | €140,831 | €141,139 | €148,010 | ▲ 4.9% |
| Stocks30/36 | €157,206 | €148,238 | €140,831 | €141,139 | €148,010 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €11,891 | €11,891 | €12,404 | €13,527 | €17,865 | ▲ 32.1% |
| Trade receivables40 | €2,622 | €1,622 | €1,170 | €1,394 | €4,069 | ▲ 192% |
| Other amounts receivable41 | €9,269 | €10,269 | €11,234 | €12,133 | €13,796 | ▲ 13.7% |
| Cash at bank and in hand54/58 | €12,185 | €8,259 | €6,460 | €8,544 | €13,128 | ▲ 53.7% |
| Deferred charges and accrued income490/1 | €1,544 | €1,490 | €1,312 | €1,336 | €518 | ▼ 61.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €486,281 | €445,603 | €410,675 | €388,159 | €377,306 | ▼ 2.8% |
| Equity10/15 | €172,087 | €173,572 | €181,354 | €193,292 | €223,891 | ▲ 15.8% |
| Contributions10/11 | €18,550 | €18,550 | €20,405 | €20,405 | €20,405 | = |
| Capital10 | €18,550 | €18,550 | - | - | - | - |
| Issued capital100 | €18,550 | €18,550 | - | - | - | - |
| Reserves13 | €103,725 | €103,725 | €101,870 | €122,870 | €140,870 | ▲ 14.6% |
| Non-distributable reserves130/1 | €1,855 | €1,855 | - | - | - | - |
| Legal reserve130 | €1,855 | €1,855 | - | - | - | - |
| Distributable reserves133 | €101,870 | €101,870 | €101,870 | €122,870 | €140,870 | ▲ 14.6% |
| Profit (loss) carried forward14 | €49,812 | €51,297 | €59,079 | €50,017 | €48,431 | ▼ 3.2% |
| Investment grants15 | - | - | - | - | €14,184 | - |
| Amounts payable17/49 | €314,194 | €272,031 | €229,321 | €194,866 | €153,416 | ▼ 21.3% |
| Amounts payable after more than one year17 | €171,073 | €120,495 | €68,113 | €13,862 | - | - |
| Financial debts170/4 | €171,073 | €120,495 | €68,113 | €13,862 | - | - |
| Amounts payable within one year42/48 | €143,122 | €151,536 | €161,209 | €181,004 | €153,416 | ▼ 15.2% |
| Current portion of amounts payable after more than one year42 | €52,747 | €50,578 | €52,382 | €54,925 | - | - |
| Trade debts44 | €23,111 | €50,609 | €48,103 | €47,310 | €47,296 | = |
| Suppliers440/4 | €23,111 | €50,609 | €48,103 | €47,310 | €47,296 | = |
| Taxes, remuneration and social security45 | €36,643 | €26,095 | €37,547 | €31,219 | €48,065 | ▲ 54.0% |
| Taxes450/3 | €27,743 | €16,047 | €16,797 | €21,098 | €26,996 | ▲ 28.0% |
| Remuneration and social security454/9 | €8,899 | €10,049 | €20,750 | €10,121 | €21,069 | ▲ 108% |
| Other amounts payable47/48 | €30,621 | €24,255 | €23,176 | €47,550 | €58,054 | ▲ 22.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,385 | €3,085 | €7,782 | €31,638 | €37,580 | ▲ 18.8% |
| + Depreciation and write-downs630 | €42,747 | €28,866 | €26,056 | €26,056 | €25,828 | ▼ 0.9% |
| Operating cash flow (approximation) | €63,132 | €31,951 | €33,838 | €57,695 | €63,407 | ▲ 9.9% |
| Investment in fixed assets (approximation) | - | -€1,136 | €0 | €0 | €0 | - |
| Change in cash | - | -€3,927 | -€1,799 | €2,084 | €4,584 | ▲ 120% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200,000Eq €223,891 ▲15.8%
8 profitable years in a row build equity to €223,891.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €67,310 ▲368%
Operating result €101,579, net result €67,310, both a record.
31-12
Financial
Equity above €150,000Eq €153,302 ▲37.4%
3 profitable years in a row build equity to €153,302.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Equity above €100,000Eq €111,592 ▲12.9%
2 profitable years in a row build equity to €111,592.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Léglise · 1 establishment unit since 2007
Ground area
3,707 m²
Building footprint
446 m²
Volume, LiDAR
3,517 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ESTEA
since 20072.157.828.940
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84004F0631/00C000 | Wallonia | 2,486 m² | 1 · 126 m² | 8.8 m · 2 fl. |
| 85045B0529/00K000 | Wallonia | 1,221 m² | 1 · 319 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVirton2.157.828.940
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Of 396 companies in sector 47271 we hold annual accounts for 154. 112 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 (pre-2019)
Founded30-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47271Retail trade
Contact
Phone
063/23.45.01Virton
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885345031
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.