ESTERHEALTH
ActiveSummary
ESTERHEALTH has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,462 and a net result of €171,073. Equity is growing by ~92.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 2372 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 4.33 against 2.89 in 2024; short-term debt: 19.2% and cash: 7.4% of total assets), and 23.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
76.3%
Return on assets
46.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 31 August (3 of the last 3 filed years within 31 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€171,073▲ 49.2%
2024 · €114,630
Working capital
€234,359▲ 135%
2024 · €99,532
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, 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
Line202320242025
Operating result€29,038-€149,628▲ 415%€224,795▲ 50.2%
Net result€20,758within the sector's middle half-€114,630within the sector's middle half▲ 452%€171,073within the sector's middle half▲ 49.2%
Equity€23,758below the sector's middle half-€138,389within the sector's middle half▲ 482%€279,462within the sector's middle half▲ 102%
Total assets€98,862below the sector's middle half-€223,466below the sector's middle half▲ 126%€366,254within the sector's middle half▲ 63.9%
Debt€75,104-€85,077▲ 13.3%€86,792▲ 2.0%
Working capital€5,933below the sector's middle half-€99,532within the sector's middle half▲ 1,578%€234,359within the sector's middle half▲ 135%
Solvency24.0%within the sector's middle half-61.9%within the sector's middle half▲ 37.9pp76.3%within the sector's middle half▲ 14.4pp
Current ratio1.22within the sector's middle half-2.89within the sector's middle half▲ 1.674.33within the sector's middle half▲ 1.44
Return on assets (ROA)21.0%above the sector's middle half-51.3%above the sector's middle half▲ 30.3pp46.7%above the sector's middle half▼ 4.6pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €366,254
Fixed assets
€61,581 ▼ 13.6%
Current assets
€304,673 ▲ 100%
Equity and liabilities €366,254
Equity
€279,462 ▲ 102%
Debt
€86,792 ▲ 2.0%
Debt's share of the balance-sheet total falls from 38.1% to 23.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€246,725▲
2024 · €166,933
Cash flow
€193,004▲
2024 · €131,935
Debt to equity
0.31▼
2024 · 0.61
ROE
61.2%▼
2024 · 82.8%
Interest coverage
154.55▲
2024 · 77.60
Debt ≤ 1 year
€70,314▲
2024 · €52,686
Debt > 1 year
€16,478▼
2024 · €32,392
Income taxes
€54,400▲
2024 · €32,846
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 39,276 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,162 | €17,305 | €21,931 | ▲ 26.7% |
| Gross operating margin9900 | €30,200 | €166,933 | €246,725 | ▲ 47.8% |
| Operating profit (loss)9901 | €29,038 | €149,628 | €224,795 | ▲ 50.2% |
| Financial income75/76B | - | - | €2,275 | - |
| Recurring financial income75 | - | - | €2,275 | - |
| Financial charges65/66B | €204 | €2,151 | €1,596 | ▼ 25.8% |
| Recurring financial charges65 | €204 | €2,151 | €1,596 | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €28,834 | €147,476 | €225,473 | ▲ 52.9% |
| Income taxes67/77 | €8,076 | €32,846 | €54,400 | ▲ 65.6% |
| Profit (loss) for the period9904 | €20,758 | €114,630 | €171,073 | ▲ 49.2% |
| Profit (loss) for the period to be appropriated9905 | €20,758 | €114,630 | €171,073 | ▲ 49.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €98,862 | €223,466 | €366,254 | ▲ 63.9% |
| Fixed assets21/28 | €65,587 | €71,249 | €61,581 | ▼ 13.6% |
| Tangible fixed assets22/27 | €65,587 | €71,249 | €61,581 | ▼ 13.6% |
| Land and buildings22 | - | - | €11,144 | - |
| Furniture and vehicles24 | €65,587 | €71,249 | €50,436 | ▼ 29.2% |
| Current assets29/58 | €33,275 | €152,217 | €304,673 | ▲ 100% |
| Amounts receivable within one year40/41 | €38 | €2,988 | €163,964 | ▲ 5,388% |
| Trade receivables40 | - | €2,988 | €569 | ▼ 81.0% |
| Other amounts receivable41 | €38 | - | €163,395 | - |
| Cash at bank and in hand54/58 | €16,245 | €57,879 | €26,975 | ▼ 53.4% |
| Deferred charges and accrued income490/1 | €16,992 | €91,351 | €113,735 | ▲ 24.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €98,862 | €223,466 | €366,254 | ▲ 63.9% |
| Equity10/15 | €23,758 | €138,389 | €279,462 | ▲ 102% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €20,758 | €20,758 | €20,758 | = |
| Distributable reserves133 | €20,758 | €20,758 | €20,758 | = |
| Profit (loss) carried forward14 | - | €114,630 | €255,704 | ▲ 123% |
| Amounts payable17/49 | €75,104 | €85,077 | €86,792 | ▲ 2.0% |
| Amounts payable after more than one year17 | €47,762 | €32,392 | €16,478 | ▼ 49.1% |
| Financial debts170/4 | €47,762 | €32,392 | €16,478 | ▼ 49.1% |
| Amounts payable within one year42/48 | €27,342 | €52,686 | €70,314 | ▲ 33.5% |
| Current portion of amounts payable after more than one year42 | €14,838 | €15,369 | €15,914 | ▲ 3.5% |
| Trade debts44 | €4,428 | - | - | - |
| Suppliers440/4 | €4,428 | - | - | - |
| Taxes, remuneration and social security45 | €8,076 | €27,868 | €54,400 | ▲ 95.2% |
| Taxes450/3 | €8,076 | €27,868 | €54,400 | ▲ 95.2% |
| Other amounts payable47/48 | - | €9,448 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,758 | €114,630 | €171,073 | ▲ 49.2% |
| + Depreciation and write-downs630 | €1,162 | €17,305 | €21,931 | ▲ 26.7% |
| Operating cash flow (approximation) | €21,920 | €131,935 | €193,004 | ▲ 46.3% |
| Investment in fixed assets (approximation) | - | -€22,967 | -€12,263 | ▲ 46.6% |
| Change in cash | - | €41,634 | -€30,904 | ▼ 174% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2023net €171,073 ▲49.2%
Operating result €224,795, net result €171,073, both a record.
31-12
Financial
Equity above €200,000Eq €279,462 ▲102%
3 profitable years in a row build equity to €279,462.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.89
Current ratio from 1.22 to 2.89.
31-12
Financial
Equity above €100,000Eq €138,389 ▲482%
2 profitable years in a row build equity to €138,389.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 2023
Ground area
278 m²
Building footprint
256 m²
Volume, LiDAR
8,652 m³
Parcel 62805B0476/00H004, Wallonia · tallest building 36.2 m, ±11 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
ESTERHEALTH
since 20232.349.821.535
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805B0476/00H004 | Wallonia | 278 m² | 1 · 256 m² | 36.2 m · 11 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900Q93NKBGZS1FY52
Similar companies · same sector, comparable size
Dr. Jan Verbakel en Dr. Dominique Schrijvers
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CABINET MEDICAL DU Dr GODEFROID
BE 0742.971.597
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DESCHILDER
BE 0445.878.217
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DR. MICHEL VANDEN BOGAERDE
BE 0817.203.719
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Of 16,629 companies in sector 86220 we hold annual accounts for 7,986. 6,688 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
Founded19-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0805987846
Registered
07-01-2026
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.