ESW Group
ActiveSummary
The computed 12-month bankruptcy probability of ESW Group is 13.3% (high). The 2024 annual accounts show equity of €3,384 and a net result of €689. Its solvency ranks better than 72% of 9,838 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.
2023 to 2024, 2 financial years
The operating result rises in 2024; 2024 is over 3 times 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 13.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €1,106 | - | - |
| Other operating charges640/8 | €348 | - | - |
| Gross operating margin9900 | €1,745 | €888 | ▼ 49.1% |
| Operating profit (loss)9901 | €292 | €888 | ▲ 204% |
| Financial charges65/66B | €97 | €199 | ▲ 104% |
| Recurring financial charges65 | €97 | €199 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €194 | €689 | ▲ 255% |
| Profit (loss) for the period9904 | €194 | €689 | ▲ 255% |
| Profit (loss) for the period to be appropriated9905 | €194 | €689 | ▲ 255% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €3,330 | €5,376 | ▲ 61.5% |
| Fixed assets21/28 | €2,172 | €1,999 | ▼ 8.0% |
| Tangible fixed assets22/27 | €1,999 | €1,999 | = |
| Furniture and vehicles24 | €1,999 | €1,999 | = |
| Financial fixed assets28 | €173 | - | - |
| Current assets29/58 | €1,158 | €3,378 | ▲ 192% |
| Amounts receivable within one year40/41 | €973 | €212 | ▼ 78.2% |
| Other amounts receivable41 | €973 | €212 | ▼ 78.2% |
| Cash at bank and in hand54/58 | €185 | €165 | ▼ 10.5% |
| Deferred charges and accrued income490/1 | - | €3,000 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €3,330 | €5,376 | ▲ 61.5% |
| Equity10/15 | €2,694 | €3,384 | ▲ 25.6% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €194 | €884 | ▲ 355% |
| Amounts payable17/49 | €635 | €1,993 | ▲ 214% |
| Amounts payable within one year42/48 | €635 | €1,993 | ▲ 214% |
| Taxes, remuneration and social security45 | €623 | - | - |
| Remuneration and social security454/9 | €623 | - | - |
| Other amounts payable47/48 | €12 | €1,993 | ▲ 161× |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €194 | €689 | ▲ 255% |
| Operating cash flow (approximation) | €194 | €689 | ▲ 255% |
| Investment in fixed assets (approximation) | - | €173 | - |
| Change in cash | - | -€19 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 29-08-2025 | 2025-00428423 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00445447 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.