ESTEDINE
Dissolution or liquidationOverview
Activity
Activity not known1 site
Size
€2.8mtotal assets 2025
- Equity
- €2.6m
- Loss
- -€4,182
Financial health
Dissolution or liquidation: no score
Structure
1 of 5 deeds read
Signalsraises riskRegister: dissolution or liquidationneutralFiled after the deadlineShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
39 days late
2025
8 days late
2024
14 days late
2023
on the day
2022
62 days early
2021
20 days early
2020
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignations & appointments · End &…Appointment: GIRAUD Estelle Marie Noémie…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (39 days) Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508510.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,182
2025 · €866,523
Working capital
€2.6m▼ 67.1%
2025 · €8.0m
Trend over the years
2022 to 2025, 5 financial years 2018 to 2025, 9 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.003m
2025
Net result-€0.004m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.8m
2025
Equity€2.6m
2025
Debt€0.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€2.6m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252025
Operating result-€0.006m--€0.02m▼ 276%-€0.02m▼ 11.6%-€0.04m▼ 88.6%-€0.03m▲ 25.5%-€0.01m▲ 60.3%-€0.02m▼ 24.4%-€0.02m▼ 20.3%-€0.003m-
Net result€0.3m-€0.6m▲ 124%€0.09m▼ 85.2%€0.2m▲ 78.5%€2.4m▲ 1,350%€0.3m▼ 86.5%€0.1m▼ 55.4%€0.9m▲ 499%-€0.004m-
Equity€5.5m-€6.2m▲ 11.3%€6.1m▼ 0.5%€6.3m▲ 2.7%€6.7m▲ 6.3%€7.0m▲ 4.8%€7.2m▲ 2.1%€8.0m▲ 12.1%€2.6m-
Total assets€8.4m-€8.7m▲ 3.5%€8.8m▲ 1.1%€8.6m▼ 2.2%€9.0m▲ 4.5%€7.4m▼ 17.7%€7.3m▼ 1.0%€8.2m▲ 11.8%€2.8m-
Debt€2.9m-€2.5m▼ 11.6%€2.7m▲ 4.8%€2.3m▼ 13.4%€2.3m▼ 0.4%€0.4m▼ 83.8%€0.2m▼ 58.5%€0.1m▼ 2.9%€0.2m-
Working capital€3.4m-€6.1m▲ 76.5%€6.0m▼ 0.5%€5.4m▼ 10.1%€6.1m▲ 13.1%€6.7m▲ 8.8%€6.9m▲ 2.9%€8.0m▲ 17.1%€2.6m-
Staff (FTE)000-
Why a figure moved sharply
- 2025 Net result +499% on 2024. The accounts now follow the abbreviated format, last year the full format.
- 2023 Net result -86% on 2022. The accounts now follow the full format, last year the micro format.
- 2022 Net result +1,350% on 2021. The accounts now follow the micro format, last year the full format.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €2.8m
Fixed assets
€10,572 =
Current assets
€2.8m ▼ 65.9%
Equity and liabilities €2.8m
Equity
€2.6m ▼ 67.1%
Debt
€152,455 ▲ 2.1%
Debt's share of the balance-sheet total rises from 1.8% to 5.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
19.56▼
2025 · 58.71
Debt to equity
0.06▲
2025 · 0.02
ROE
-0.2%▼
2025 · 10.8%
ROA
-0.1%▼
2025 · 10.6%
Debt ≤ 1 year
€142,359▲
2025 · €139,189
Debt > 1 year
€10,096=
2025 · €10,096
Income taxes
€0▼
2025 · €111,048
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0 | - |
| Gross operating margin9900 | -€0.005m | -€0.02m | -€0.02m | -€0.04m | -€0.03m | -€0.01m | -€0.02m | -€0.02m | -€0.003m | - |
| Operating profit (loss)9901 | -€0.006m | -€0.02m | -€0.02m | -€0.04m | -€0.03m | -€0.01m | -€0.02m | -€0.02m | -€0.003m | - |
| Financial income75/76B | - | - | - | €0.3m | €2.9m | €0.3m | €0.2m | €1.3m | €0.005m | - |
| Recurring financial income75 | €1.4m | €1.1m | €0.3m | €0.3m | €0.7m | €0.3m | €0.2m | €1.3m | €0.005m | - |
| Non-recurring financial income76B | - | - | - | - | €2.2m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.07m | €0.2m | -€0.06m | €0.03m | €0.3m | €0.006m | - |
| Recurring financial charges65 | €0.7m | €0.3m | €0.2m | €0.07m | €0.2m | -€0.06m | €0.01m | €0.3m | €0.006m | - |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.01m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €0.6m | €0.8m | €0.1m | €0.2m | €2.7m | €0.4m | €0.2m | €1.0m | -€0.004m | - |
| Income taxes67/77 | €0.3m | €0.1m | €0.009m | €0.03m | €0.3m | €0.03m | €0.01m | €0.1m | €0 | - |
| Profit (loss) for the period9904 | €0.3m | €0.6m | €0.09m | €0.2m | €2.4m | €0.3m | €0.1m | €0.9m | -€0.004m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.6m | €0.09m | €0.2m | €2.4m | €0.3m | €0.1m | €0.9m | -€0.004m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €8.4m | €8.7m | €8.8m | €8.6m | €9.0m | €7.4m | €7.3m | €8.2m | €2.8m | - |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €4.6m | €2.6m | €2.6m | €3.1m | €0.6m | €0.4m | €0.3m | €0.01m | €0.01m | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €4.6m | €2.6m | €2.6m | €3.1m | €0.6m | €0.4m | €0.3m | €0.01m | €0.01m | - |
| Current assets29/58 | €3.8m | €6.1m | €6.2m | €5.5m | €8.4m | €7.0m | €7.0m | €8.2m | €2.8m | - |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.5m | €0.5m | €0.6m | €0.1m | €0.08m | €0.09m | €0.1m | €0.2m | €0.2m | - |
| Other amounts receivable41 | - | - | - | €0.1m | €0.08m | €0.09m | €0.1m | €0.2m | €0.2m | - |
| Current investments50/53 | €2.7m | €5.1m | €5.3m | €5.2m | €3.8m | €6.7m | €6.8m | €0.2m | €0.4m | - |
| Cash at bank and in hand54/58 | €0.5m | €0.5m | €0.3m | €0.2m | €4.6m | €0.2m | €0.06m | €7.8m | €2.2m | - |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | - | - | - | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €8.4m | €8.7m | €8.8m | €8.6m | €9.0m | €7.4m | €7.3m | €8.2m | €2.8m | - |
| Equity10/15 | €5.5m | €6.2m | €6.1m | €6.3m | €6.7m | €7.0m | €7.2m | €8.0m | €2.6m | - |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | - |
| Capital10 | - | - | - | €0.06m | - | - | - | - | - | - |
| Issued capital100 | - | - | - | €0.06m | - | - | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €0.06m | - | - | - | - |
| Other1109/19 | - | - | - | - | - | €0.06m | - | - | - | - |
| Reserves13 | €5.5m | €6.1m | €6.1m | €6.2m | €6.6m | €7.0m | €7.1m | €8.0m | €8.0m | - |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0 | - | - | - | - | - |
| Legal reserve130 | - | - | - | €0.006m | - | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €6.2m | €6.6m | €7.0m | €7.1m | €8.0m | €8.0m | - |
| Profit (loss) carried forward14 | €0 | - | - | - | €0 | €0 | - | - | -€0.004m | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | - | - | - | - | €5.4m | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €2.9m | €2.5m | €2.7m | €2.3m | €2.3m | €0.4m | €0.2m | €0.1m | €0.2m | - |
| Amounts payable after more than one year17 | €2.5m | €2.5m | €2.5m | €2.3m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | - |
| Other amounts payable178/9 | - | - | - | €2.3m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | - |
| Amounts payable within one year42/48 | €0.4m | €0.04m | €0.2m | €0.04m | €2.3m | €0.4m | €0.1m | €0.1m | €0.1m | - |
| Trade debts44 | €0.004m | €0.004m | €0.004m | €0.004m | €0.005m | €0.002m | €0.004m | €484 | €0.004m | - |
| Suppliers440/4 | - | - | - | €0.004m | €0.005m | €0.002m | €0.004m | €484 | €0.004m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.8m | €0.4m | €0.1m | €0.1m | €0.1m | - |
| Taxes450/3 | - | - | - | €0.02m | €0.8m | €0.4m | €0.1m | €0.1m | €0.1m | - |
| Other amounts payable47/48 | - | - | - | €0.01m | €1.4m | €0 | - | €159 | €159 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.6m | €0.09m | €0.2m | €2.4m | €0.3m | €0.1m | €0.9m | -€0.004m | - |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €0.3m | €0.6m | €0.09m | €0.2m | €2.4m | €0.3m | €0.1m | €0.9m | -€0.004m | - |
| Investment in fixed assets (approximation) | - | €2.0m | €0 | -€0.5m | €2.6m | €0.2m | €0.05m | €0.3m | - | - |
| Change in cash | - | -€0.06m | -€0.2m | -€0.1m | €4.4m | -€4.3m | -€0.2m | €7.7m | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 office holder, last change in 2025
Other functions 1
GIRAUD Estelle Marie Noémie
CurrentLiquidator · since 23-12-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2025, 1 in office
- Other function
| Name | Functions and periods |
|---|---|
| GIRAUD Estelle Marie Noémie |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 office holderThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
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History
Acts, filings and financial milestones
2026
08-09
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 39 days late
31-07
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 8 days late
19-01
Gazette deed
Resignations & appointments · End & cessationAppointment: GIRAUD Estelle Marie Noémie (liquidator) · Dissolution3 facts ▸
Gazette deed
Resignations & appointments · End & cessation
Appointment: GIRAUD Estelle Marie Noémie (liquidator) · Dissolution3 facts ▸
- General meeting, 23-12-2025
- Dissolution, 23-12-2025
- Director appointment, GIRAUD Estelle Marie Noémie (liquidator)
2025
31-12
Financial
Weakest financial yearnet -€4,182
Net result drops to -€4,182, the lowest in the series.
14-08
NBB filing
Annual accounts filed
financial year 2024 · full format · 14 days late
2024
31-12
Financial
Liquidity more than doubledcurrent ratio 48.75
Current ratio from 19.49 to 48.75; short-term debt falls from €360,818 to €143,673.
31-07
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial
Liquidity more than 5 timescurrent ratio 19.49
Current ratio from 3.69 to 19.49; short-term debt falls from €2.3m to €360,818.
30-05
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Highest result from 2018 to 2025net €2.4m ▲1,350%
Net result €2.4m, the highest in the series.
11-07
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial
Liquidity more than triplescurrent ratio 141.98
Current ratio from 37.67 to 141.98; short-term debt falls from €164,568 to €38,464.
Show earlier events
06-07
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
09-07
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial
Liquidity more than 14 timescurrent ratio 145.91
Current ratio from 10.17 to 145.91; short-term debt falls from €374,591 to €41,853.
20-06
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
28-06
NBB filing
Annual accounts filed
financial year 2017 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are at the National Bank.
1 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded27-04-2011
Financial year end31-12
E-invoicing
Not found in the Peppol Directory
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 12 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
967600R0QS3NDQV5PG39
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Estaimpuis · 1 establishment unit since 2011
Ground area
6,558 m²
Building footprint
302 m²
Building volume
1,866 m³
Parcel 57058B0347/00E000, Wallonia · tallest building 9.4 m. Linked by address, not a title deed.
1 establishment unit
ESTEDINE
since 2011unit no. 2.220.473.223
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57058B0347/00E000 | Wallonia | 6,558 m² | 1 · 302 m² | 9.4 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus prévus par le Code des Sociétés, actes prévus à l'article 2:88 du code des sociétés et associations” (deed in French)
Read from the deeds: 2 provisions, deed of 19-01-2026