ESTHECO
ActiveESTHECO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €161k and a net result of €93k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 54% of 7962 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €161k
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 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 d early
2024
112 d early
2023
94 d early
2022
125 d early
2021
76 d early
2020
124 d early
2019
103 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€161k▲ 36.9%
2024 · €117k
2018: €126k
2019: €185k
2020: €247k
2021: €307k
2022: €37k
2023: €75k
2024: €117k
2018 → 2025
Net result
€93k▲ 0.8%
2024 · €93k
2018: €49k
2019: €59k
2020: €62k
2021: €60k
2022: €80k
2023: €88k
2024: €93k
2018 → 2025
Total assets
€284k▲ 27.6%
2024 · €222k
2018: €275k
2019: €219k
2020: €277k
2021: €340k
2022: €423k
2023: €171k
2024: €222k
2018 → 2025
Solvency
56.6%▲ 3.8pp
2024 · 52.8%
2018: 45.7%
2019: 84.6%
2020: 89.1%
2021: 90.2%
2022: 8.6%
2023: 43.8%
2024: 52.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€307k-€37k▼ 88.1%€75k▲ 104%€117k▲ 56.8%€161k▲ 36.9%
Operating result€77k-€98k▲ 28.2%€114k▲ 16.0%€121k▲ 5.6%€121k▲ 0.6%
Net result€60k-€80k▲ 33.6%€88k▲ 10.5%€93k▲ 4.9%€93k▲ 0.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€14k▼ 11.2%
Current assets
€270k▲ 30.5%
Equity and liabilities €284k
Equity
€161k▲ 36.9%
Debt
€123k▲ 17.3%
The debt ratio falls from 47.2% to 43.4%: equity grows faster than debt.
Key figures and ratios
Solvency
56.6%▲
2024 · 52.8%
ROE
58.1%▼
2024 · 78.8%
ROA
32.9%▼
2024 · 41.6%
Debt
€123k▲
2024 · €105k
Debt ≤ 1 year
€120k▲
2024 · €103k
Income taxes
€26k▲
2024 · €26k
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€222k€284k▲
Fixed assets21/28€15k€14k▼
Tangible fixed assets22/27€15k€14k▼
Plant, machinery and equipment23€2k€1k▼
Other tangible fixed assets26€14k€12k▼
Current assets29/58€207k€270k▲
Amounts receivable within one year40/41€16k€36k▲
Trade receivables40€16k€36k▲
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€90k€133k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€222k€284k▲
Equity10/15€117k€161k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€95k€139k▲
Amounts payable17/49€105k€123k▲
Amounts payable within one year42/48€103k€120k▲
Trade debts44€305€598▲
Suppliers440/4€305€598▲
Taxes, remuneration and social security45€28k€11k▼
Taxes450/3€28k€11k▼
Other amounts payable47/48€75k€108k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€841€863▲
Gross operating margin9900€124k€124k▼
Operating profit (loss)9901€121k€121k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€118k€119k▲
Income taxes67/77€26k€26k▲
Profit (loss) for the period9904€93k€93k▲
Profit (loss) for the period to be appropriated9905€93k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€145k€189k▲
Profit (loss) brought forward from the previous period14P€53k€95k▲
Profit to be distributed694/7€50k€50k=
Return on contributions (dividend)694€50k€50k=
The notes to these accounts (5 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
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €93k ▲0.8%
Operating result €121k, net result €93k, both a record.
31-12
Financial
Equity above €150kEq €161k ▲36.9%
8 profitable years in a row build equity to €161k.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €117k ▲56.8%
7 profitable years in a row build equity to €117k.
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €247k ▲33.5%
3 profitable years in a row build equity to €247k.
19-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 6.59
Current ratio from 1.85 to 6.59; short-term debt falls from €148k to €33k.
31-12
Financial
Equity above €150kEq €185k ▲47.4%
2 profitable years in a row build equity to €185k.
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
THERMOTE Stijn
CurrentDirector · since 17-04-2023
17-04-2023
Appointed as Director
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2014
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.
Begoniastraat 1088800 RoeselareGround area
310 m²
Building footprint
97 m²
Volume, LiDAR
632 m³
Parcel 36502B0662/00M003, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ESTHECO
since 20142.228.659.231
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0662/00M003 | Flanders | 310 m² | 1 · 97 m² | 10.3 m · 3 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.
Similar companies · same sector, comparable size
ARYSTO
BE 0873.174.895
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5P MANAGEMENT SOLUTIONS
BE 0891.787.910
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Globinvest
BE 0880.348.937
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SIPORA
BE 1009.178.694
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PIMASSUR
BE 0460.919.947
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,288 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2014
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.