ESTOR-LUX
ActiveESTOR-LUX has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.94M and a net result of €466k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-24
Solvency86▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.13 in 2024; short-term debt: 16.7% and cash: 17.5% of total assets), and 39.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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
60.9%
Return on assets
5.8%
Age of the figures
9 mo
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 26-03-2026, 127 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
127 d early
2024
126 d early
2023
134 d early
2022
116 d early
2021
87 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€466k▼ 80.8%
2024 · €2.43M
2021: €79k
2022: €3.03M
2023: €1.04M
2024: €2.43M
2021 → 2025
Working capital
€467k▲ 42.3%
2024 · €328k
2021: €1.31M
2022: €2.53M
2023: €382k
2024: €328k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.92M-€3.40M▲ 77.3%€4.24M▲ 24.8%€4.47M▲ 5.5%€4.94M▲ 10.4%
Operating result€167k-€3.93M▲ 2,254%€1.38M▼ 65.0%€3.34M▲ 143%€691k▼ 79.3%
Net result€79k-€3.03M▲ 3,755%€1.04M▼ 65.7%€2.43M▲ 134%€466k▼ 80.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.08M
Fixed assets
€6.26M▼ 6.0%
Current assets
€1.82M▼ 38.5%
Equity and liabilities €8.11M
Equity
€4.94M▲ 10.4%
Debt
€3.17M▼ 38.8%
The debt ratio falls from 53.7% to 39.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.09M▼
2024 · €3.74M
Cash flow
€863k▼
2024 · €2.83M
Solvency
60.9%▲
2024 · 46.3%
Current ratio
1.35▲
2024 · 1.13
Quick ratio
1.35▲
2024 · 1.13
Debt / equity
0.64▼
2024 · 1.16
ROE
9.4%▼
2024 · 54.4%
ROA
5.8%▼
2024 · 25.2%
Interest coverage
14.49▼
2024 · 44.10
Debt
€3.17M▼
2024 · €5.18M
Debt ≤ 1 year
€1.35M▼
2024 · €2.63M
Debt > 1 year
€1.75M▼
2024 · €2.54M
Income taxes
€155k▼
2024 · €829k
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€9.65M€8.11M▼
Formation expenses20€36k€26k▼
Fixed assets21/28€6.66M€6.26M▼
Intangible fixed assets21€1.15M€1.08M▼
Tangible fixed assets22/27€5.50M€5.17M▼
Plant, machinery and equipment23€5.50M€5.17M▼
Financial fixed assets28€6k€6k=
Current assets29/58€2.95M€1.82M▼
Amounts receivable within one year40/41€514k€332k▼
Trade receivables40€514k€0▼
Other amounts receivable41-€332k
Cash at bank and in hand54/58€2.42M€1.42M▼
Deferred charges and accrued income490/1€21k€70k▲
Equity and liabilities
Total equity and liabilities10/49€9.65M€8.11M▼
Equity10/15€4.47M€4.94M▲
Contributions10/11€1.84M€1.84M=
Capital10€1.84M€1.84M=
Issued capital100€1.84M€1.84M=
Reserves13€184k€184k=
Non-distributable reserves130/1€184k€184k=
Legal reserve130€184k€184k=
Profit (loss) carried forward14€2.45M€2.92M▲
Amounts payable17/49€5.18M€3.17M▼
Amounts payable after more than one year17€2.54M€1.75M▼
Financial debts170/4€2.54M€1.75M▼
Amounts payable within one year42/48€2.63M€1.35M▼
Current portion of amounts payable after more than one year42€711k€802k▲
Trade debts44€292k€337k▲
Suppliers440/4€292k€337k▲
Taxes, remuneration and social security45€422k€212k▼
Taxes450/3€422k€212k▼
Other amounts payable47/48€1.20M€0▼
Accrued charges and deferred income492/3€11k€69k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€397k€397k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€3.74M€1.09M▼
Operating profit (loss)9901€3.34M€691k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€85k€75k▼
Recurring financial charges65€85k€75k▼
Profit (loss) for the period before taxes9903€3.26M€622k▼
Income taxes67/77€829k€155k▼
Profit (loss) for the period9904€2.43M€466k▼
Profit (loss) for the period to be appropriated9905€2.43M€466k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.65M€2.92M▼
Profit (loss) brought forward from the previous period14P€2.22M€2.45M▲
Transfer to equity691/2€0-
To the legal reserve6920€0-
Profit to be distributed694/7€2.20M€0▼
Return on contributions (dividend)694€2.20M€0▼
The notes to these accounts (17 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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2021net €3.03M ▲3755%
Operating result €3.93M, net result €3.03M, both a record.
31-12
Financial
Equity above €2MEq €3.40M ▲77.3%
2 profitable years in a row build equity to €3.40M.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 2020
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.
Avenue Maurice-Destenay 134000 LiègeGround area
2,811 m²
Building footprint
1,999 m²
Volume, LiDAR
68,083 m³
Parcel 62803A1368/00V000, Wallonia · tallest building 43.0 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
ESTOR-LUX
since 20202.307.148.562
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1368/00V000 | Wallonia | 2,811 m² | 1 · 1,999 m² | 43.0 m · 12 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.
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ProDigest
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Future Foundations
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 279 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-2020
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
35110Production of electricity from non-renewable sources
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.