Eswe
Open bankruptcyA bankruptcy procedure is open for Eswe according to publications in the Belgian State Gazette; curator: NICK PEETERS. The 2024 annual accounts show equity of €2.07M and a net result of €-403k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-403k
Financials · fiscal year 2024, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-403k▼ 94.5%
2023 · €-207k
2018: €-5k
2019: €17k
2020: €354k
2021: €-183k
2022: €-328k
2023: €-207k
2018 → 2024
Working capital
€1.06M
2023 · €-2.57M
2018: €-296k
2019: €-257k
2020: €-221k
2021: €-3.10M
2022: €-2.00M
2023: €-2.57M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.13M-€952k▼ 16.1%€2.68M▲ 182%€2.47M▼ 7.7%€2.07M▼ 16.3%
Operating result€391k-€39k▼ 90.1%€-53k€-74k▼ 39.5%€365k
Net result€354k-€-183k€-328k▼ 79.4%€-207k▲ 36.8%€-403k▼ 94.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €365k after a loss of €74k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.06M
Fixed assets
€2.39M▼ 70.7%
Current assets
€1.67M▲ 21.9%
Equity and liabilities €4.06M
Equity
€2.07M▼ 16.3%
Debt
€1.99M▼ 71.7%
The debt ratio falls from 74.0% to 49.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€414k▲
2023 · €-23k
Cash flow
€-354k▼
2023 · €-156k
Solvency
50.9%▲
2023 · 26.0%
Current ratio
2.73▲
2023 · 0.35
Quick ratio
2.73▲
2023 · 0.35
Debt / equity
0.96▼
2023 · 2.85
ROE
-19.5%▼
2023 · -8.4%
ROA
-9.9%▼
2023 · -2.2%
Interest coverage
5.20▲
2023 · -0.07
Debt
€1.99M▼
2023 · €7.04M
Debt ≤ 1 year
€612k▼
2023 · €3.95M
Debt > 1 year
€1.14M▼
2023 · €2.89M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9.51M€4.06M▼
Fixed assets21/28€8.14M€2.39M▼
Tangible fixed assets22/27€4.07M€2.39M▼
Land and buildings22€4.07M€2.39M▼
Financial fixed assets28€4.07M-
Current assets29/58€1.37M€1.67M▲
Amounts receivable within one year40/41€1.29M€1.56M▲
Other amounts receivable41€1.29M€1.56M▲
Cash at bank and in hand54/58€11k-
Deferred charges and accrued income490/1€74k€116k▲
Equity and liabilities
Total equity and liabilities10/49€9.51M€4.06M▼
Equity10/15€2.47M€2.07M▼
Contributions10/11€512k€512k=
Revaluation surpluses12€2.16M€2.16M=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Profit (loss) carried forward14€-210k€-613k▼
Amounts payable17/49€7.04M€1.99M▼
Amounts payable after more than one year17€2.89M€1.14M▼
Financial debts170/4€2.89M€1.14M▼
Amounts payable within one year42/48€3.95M€612k▼
Current portion of amounts payable after more than one year42€88k€82k▼
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€289k€266k▼
Suppliers440/4€289k€266k▼
Taxes, remuneration and social security45€33k€26k▼
Taxes450/3€33k€26k▼
Other amounts payable47/48€3.54M€227k▼
Accrued charges and deferred income492/3€197k€245k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€49k▼
Other operating charges640/8€54k€128k▲
Gross operating margin9900€31k€542k▲
Operating profit (loss)9901€-74k€365k▲
Financial income75/76B€27k€28k▲
Recurring financial income75€27k€28k▲
Financial charges65/66B€317k€796k▲
Recurring financial charges65€317k€80k▼
Non-recurring financial charges66B-€717k
Profit (loss) for the period before taxes9903€-364k€-403k▼
Transfer from deferred taxes780€157k-
Profit (loss) for the period9904€-207k€-403k▼
Transfer from tax-exempt reserves789€471k-
Profit (loss) for the period to be appropriated9905€264k€-403k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-210k€-613k▼
Profit (loss) brought forward from the previous period14P€-474k€-210k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 209 days late
2025
19-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ESWE NV LANGE HERENTALS- ESTRAAT 62, 2018 ANTWERPEN 1 · event 13-11-2025
13-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 38 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 196 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 562 days late
2024
31-12
Financial
Weakest financial yearnet €-403k
Net result drops to €-403k, the lowest in the series.
31-12
Financial
Liquidity times 8current ratio 2.73
Current ratio from 0.35 to 2.73; short-term debt falls from €3.95M to €612k.
2022
31-12
Financial
Equity above €2MEq €2.68M ▲182%
Equity rises from €952k to €2.68M.
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 38 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
31-12
Financial
Highest result since 2018net €354k ▲1935%
Operating result €391k, net result €354k, both a record.
31-12
Financial
Equity above €1MEq €1.13M ▲45.4%
2 profitable years in a row build equity to €1.13M.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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
1 establishment unit since 1969
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.
Ground area
200 m²
Building footprint
200 m²
Volume, LiDAR
1,847 m³
Parcel 11808H1176/00Y012, Flanders · tallest building 17.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Eswe NV
since 19692.003.654.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1176/00Y012 | Flanders | 200 m² | 1 · 200 m² | 17.8 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICK PEETERS BROEDERMINSTRAAT 9,
2030 ANTWERPEN 3 |
13-11-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-12-1969
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.