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ESTERO

Active
Private limited companyfounded 2013active for 13 yearsOudenaardsesteenweg 314, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0540.978.403
Summary

ESTERO has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204,968 and a net result of €32,133. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 53% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-10-2013 Normal situation
Activity
Real estate agency activities NACE 68310and 4 others
Joint committee
323 Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden · annual accounts 2025
Establishment unit
2.223.606.323 9420 Erpe-Mere, since 16-10-2013
Financial year end
31 December
Peppol
Reachable since 03-12-2024

Board and ownership

Board
  • Laurent RaesDirector · since 19-10-2023
  • Atelier TaloDirector · since 01-06-2025 · permanent representative Thomas De Pelsmacker
  • Lama EstateDirector · since 01-06-2025 · permanent representative Mathias Van Oost

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€451,732
▲ 20.0%
Turnover
≈ €1.1m
estimated
Profit
€32,133
▲ 205%
Equity
€204,968
▲ 18.6%
Total assets
€624,009
▲ 48.3%
Employees on 31-12-2025
7
▼ 30.0%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: total assets €624,009Figures for financial year 2025 (filed on 16-07-2026)Liquidity: current ratio 1.27, cash €240,925Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 58-8
equity 32.8% of total assets
Liquidity 77+18
short-term debt 43.2% · cash 38.6%
Profitability 75+3
return on assets 5.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points 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 €19,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.27 (1.55 in 2024), below the usual 1.5. Short-term debt is 43.2% and cash 38.6% of total assets. 67.2% 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 71, micro). It does better than 32% of them on solvency, 66% on liquidity, 40% on profitability and 66% on growth.

The bankruptcy probability was computed on 02-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €624,009
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.27, cash €240,925
NBB · annual accounts
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
64 days early
2023
28 days early
2022
35 days early
2021
6 days early
2020
24 days late
2019
33 days late
← 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 13 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 4 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 95% of companies in real estatesector median €40,738 · 17,113 companies €451,732 View
  • Positive: 8 profitable years in a rowprofit 2025: €32,133 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Registered office moved from Haaltert to Erpe-Mere
  2. · Gazette deed Appointment: Laurent Raes (director)Permanent representative: Van Oost Mathias
  3. · Gazette deed Resignations: Laurent Raes, Thomas De Pelsmacker and Mathias Van OostAppointments: ATELIER TALO (director) and Lama Estate (director) · Permanent representatives: Thomas De Pelsmacker and Mathias Van Oost
All 20 events

Comparable companies

These companies have the same main activity as ESTERO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €622,000 and €785,000, founded between 2012 and 2014.

CompanyTotal assetsGross margin
ESTERO Erpe-Mere€624,009€451,732
LANDBERGH Gent€733,671€465,644
LOUMAX Oudenaarde€748,909€497,199
J.VAN GASTEL Schoten€757,076€481,120
PORTUS Nieuwpoort€700,975€463,951
D Real Estate Ternat€622,499€357,866
Fidus Vastgoed Zonhoven€784,984€465,507
Full comparison

Key facts about ESTERO

What is the company number of ESTERO?
The company number of ESTERO is 0540.978.403. The VAT number is the same number with BE in front: BE 0540.978.403.
Where is ESTERO based?
The registered office is at Oudenaardsesteenweg 314, 9420 Erpe-Mere.Company details
What does ESTERO do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of ESTERO?
The legal form of ESTERO is Private limited company (BV).
When was ESTERO founded?
ESTERO was founded on 21-10-2013.
Is ESTERO still active?
Yes, ESTERO is an active enterprise in the KBO register.
How many employees does ESTERO have?
ESTERO had an average of 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ESTERO fall under?
In its 2025 annual accounts, ESTERO states joint committee 323 (Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden).
What is the turnover of ESTERO?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €451,732 and 39 comparable companies (NACE 683). It probably lies between €650,000 and €1.3m.
Is ESTERO profitable?
In financial year 2025, ESTERO made a profit of €32,133.
Where can I find the annual accounts of ESTERO?
ESTERO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ESTERO due?
ESTERO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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