ESTIMMO
ActiveSummary
ESTIMMO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,901 and a net result of €10,000. Equity has been growing by about 87% per year since 2019. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-10-2009 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.199.381.859 2018 Antwerpen, since 22-10-2009
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €36,812
- ▲ 30.5%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €10,000
- ▲ 52.7%
- Equity
- €39,901
- ▲ 33.4%
- Total assets
- €210,317
- ▲ 0.3%
Score breakdownraises riskLiquidity: current ratio 1.52No main activity registeredlowers riskSize: total assets €210,317Founded in 2009Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro). It does better than 27% of them on solvency, 82% on liquidity, 57% on profitability and 82% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average on the deadline day. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-01-2026 PDF all 15 filings
Every figure per financial year
The operating result for 2025 is 23% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,642 | €13,720 | €13,720 | €10,880 | €8,995 | €8,995 | €8,995 | = |
| Other operating charges640/8 | - | - | - | €4,320 | €3,922 | €4,639 | €9,964 | ▲ 115% |
| Gross operating margin9900 | €24,184 | €19,291 | €30,131 | €29,172 | €31,418 | €28,204 | €36,812 | ▲ 30.5% |
| Operating profit (loss)9901 | €7,414 | €4,724 | €10,425 | €13,972 | €18,501 | €14,570 | €17,853 | ▲ 22.5% |
| Financial charges65/66B | - | - | - | €2,349 | €3,918 | €5,630 | €4,107 | ▼ 27.0% |
| Recurring financial charges65 | €3,407 | €2,984 | €2,340 | €1,960 | €3,918 | €5,630 | €4,107 | ▼ 27.0% |
| Non-recurring financial charges66B | - | - | - | €389 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €4,008 | €1,239 | €5,462 | €11,623 | €14,583 | €8,940 | €13,746 | ▲ 53.8% |
| Income taxes67/77 | - | - | - | - | €1,730 | €2,392 | €3,746 | ▲ 56.6% |
| Profit (loss) for the period9904 | €4,008 | €1,239 | €5,462 | €11,623 | €12,853 | €6,549 | €10,000 | ▲ 52.7% |
| Profit (loss) for the period to be appropriated9905 | €4,008 | €1,239 | €5,462 | €11,623 | €12,853 | €6,549 | €10,000 | ▲ 52.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €255,448 | €233,645 | €221,892 | €214,148 | €212,753 | €209,615 | €210,317 | ▲ 0.3% |
| Fixed assets21/28 | €221,038 | €207,318 | €193,598 | €182,718 | €173,723 | €164,728 | €155,733 | ▼ 5.5% |
| Tangible fixed assets22/27 | €221,038 | €207,318 | €193,598 | €182,718 | €173,723 | €164,728 | €155,733 | ▼ 5.5% |
| Land and buildings22 | - | - | - | €182,718 | €173,723 | €164,728 | €155,733 | ▼ 5.5% |
| Current assets29/58 | €34,409 | €26,327 | €28,294 | €31,430 | €39,030 | €44,887 | €54,584 | ▲ 21.6% |
| Amounts receivable within one year40/41 | €33,927 | €26,327 | €28,294 | €31,430 | €39,030 | €44,674 | €54,584 | ▲ 22.2% |
| Other amounts receivable41 | - | - | - | €31,430 | €39,030 | €44,674 | €54,584 | ▲ 22.2% |
| Cash at bank and in hand54/58 | - | - | - | - | - | €212 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €255,448 | €233,645 | €221,892 | €214,148 | €212,753 | €209,615 | €210,317 | ▲ 0.3% |
| Equity10/15 | -€7,826 | -€6,587 | -€1,125 | €10,498 | €23,352 | €29,900 | €39,901 | ▲ 33.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | €4,752 | €11,300 | €21,301 | ▲ 88.5% |
| Distributable reserves133 | - | - | - | - | €4,752 | €11,300 | €21,301 | ▲ 88.5% |
| Profit (loss) carried forward14 | -€26,426 | -€25,187 | -€19,725 | -€8,102 | - | - | - | - |
| Amounts payable17/49 | €263,274 | €240,232 | €223,017 | €203,650 | €189,401 | €179,714 | €170,417 | ▼ 5.2% |
| Amounts payable after more than one year17 | €238,815 | €239,546 | €222,123 | €184,624 | €166,268 | €150,392 | €134,516 | ▼ 10.6% |
| Financial debts170/4 | - | - | - | €180,374 | €162,018 | €146,142 | €130,266 | ▼ 10.9% |
| Other amounts payable178/9 | - | - | - | €4,250 | €4,250 | €4,250 | €4,250 | = |
| Amounts payable within one year42/48 | €24,459 | €685 | €894 | €19,026 | €23,133 | €29,322 | €35,900 | ▲ 22.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,876 | €15,876 | €15,876 | €15,876 | = |
| Financial debts43 | - | - | - | €972 | €988 | - | €855 | - |
| Credit institutions430/8 | - | - | - | €972 | €988 | - | €855 | - |
| Trade debts44 | €1,546 | - | - | €2,178 | €4,539 | €11,060 | €13,038 | ▲ 17.9% |
| Suppliers440/4 | - | - | - | €2,178 | €4,539 | €11,060 | €13,038 | ▲ 17.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,730 | €2,386 | €6,132 | ▲ 157% |
| Taxes450/3 | - | - | - | - | €1,730 | €2,386 | €6,132 | ▲ 157% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,008 | €1,239 | €5,462 | €11,623 | €12,853 | €6,549 | €10,000 | ▲ 52.7% |
| + Depreciation and write-downs630 | €14,642 | €13,720 | €13,720 | €10,880 | €8,995 | €8,995 | €8,995 | = |
| Operating cash flow (approximation) | €18,649 | €14,959 | €19,182 | €22,503 | €21,848 | €15,544 | €18,995 | ▲ 22.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,508 companies had the same profile as ESTIMMO has now. Two years later, 96.9% were still going and 1.4% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of ESTIMMO itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for ESTIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 31-01-2026 | 2026-00030698 | |
| 30-06-2024 | micro format | 04-02-2025 | 2025-00030964 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00023764 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00019661 | |
| 30-06-2021 | micro format | 07-02-2022 | 2022-05000599 | |
| 30-06-2020 | micro format | 28-02-2021 | 2021-06700574 | |
| 30-06-2019 | abbreviated format | 24-12-2019 | 2019-77400293 | |
| 30-06-2018 | abbreviated format | 08-05-2019 | 2019-13000040 | |
| 30-06-2017 | abbreviated format | 21-12-2017 | 2017-72700577 | |
| 30-06-2016 | abbreviated format | 21-04-2017 | 2017-09700545 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
ESTIMMO shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of ESTIMMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13019B0191/00C000 | Flanders | 1,985 m² | 1 · 382 m² | 8.4 m · 2 |
| 11808H1189/00W008 | Flanders | 198 m² | 1 · 198 m² | 17.6 m · 4 |