Financials
- Fiscal year
- 2025
- Total assets
- €5,629
- Loss
- -€1,112
- Solvency
- -139.9%
Turnover▲ 20.1%
Net result
20202023
ESTICA CLUB
ActiveSummary
The computed 12-month bankruptcy probability of ESTICA CLUB is 8.1% (elevated). The 2025 annual accounts show negative equity (-€7,876) and a net result of -€1,112. Equity is shrinking by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 8% of 13,564 sector peers (NACE 46, fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Agents specialised in the wholesale of other particular products
NACE 46180
Size
€5,629total assets 2025
- Equity
- -€7,876
- Loss
- -€1,112
Turnover not published (abridged schema)
Structure
- Alves Dos Santos ReginaldoDirector
- Alves Dos SantosDirector
Accounts filed 166 days late2 of 4 deeds read
Why 32- Latest accounts 167 days late; 1 of the last 3 late- No establishment unit in the KBO- Loss of €1,112, the second in a row (FY 2025)+ Size: total assets €5,629Show the evidence
Checked score
Score 2025
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 17% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency
0=
equity -139.9% of total assets
Liquidity
1-3
short-term debt 239.9% · cash 0.6%
Profitability
50+50
return on assets -19.8%
Bankruptcy probability, 12 months
8.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.2%
12-2024: 2.9%▼ -0.3 percentage points vs 11-2024lowest value
01-2025: 3.1%▲ +0.2 percentage points vs 12-2024
02-2025: 3.1%● unchanged vs 01-2025
03-2025: 3.1%● unchanged vs 02-2025
04-2025: 3.1%● unchanged vs 03-2025
05-2025: 3.1%● unchanged vs 04-2025
06-2025: 3.1%● unchanged vs 05-2025
07-2025: 3.1%● unchanged vs 06-2025
08-2025: 3.1%● unchanged vs 07-2025
09-2025: 3.2%▲ +0.1 percentage points vs 08-2025
10-2025: 3.2%● unchanged vs 09-2025
11-2025: 3.2%● unchanged vs 10-2025
12-2025: 3.1%▼ -0.1 percentage points vs 11-2025
01-2026: 3.1%● unchanged vs 12-2025
02-2026: 4.1%▲ +1.0 percentage point vs 01-2026
03-2026: 4.5%▲ +0.4 percentage points vs 02-2026
04-2026: 6.8%▲ +2.3 percentage points vs 03-2026
05-2026: 7.1%▲ +0.3 percentage points vs 04-2026
06-2026: 8.7%▲ +1.6 percentage points vs 05-2026
07-2026: 11.7%▲ +3.0 percentage points vs 06-2026highest value
08-2026: 8.1%▼ -3.6 percentage points vs 07-2026
09-2026: 8.2%▲ +0.1 percentage points vs 08-2026
10-2026: 8.1%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.07 against 0.02 in 2024; short-term debt: 239.9% and cash: 0.6% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 46, micro): better than 6% on solvency, 3% on liquidity, 39% on profitability and 21% on growth.
The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2022232425
2020 to 2025 · latest year -€7,876
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-07-2026, 166 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
166 days late
2024
20 days early
2023
on the day
2022
38 days late
2020
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close08-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Resignation: Alves Dos Santos (manager)Appointment: Alves Dos Santos (non-statutory…
- Resignation: Kelmendi Lavdim (director)Appointment: Alves Dos Santos Reginaldo…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€7,876 View
- Risk: 5 loss-making years in a rowloss fiscal year 2025 -€1,112 View
- Caution: Among the weakest 8% on solvencysector median 41.4% · 13,564 companies -139.9% View
- Caution: Latest accounts filed lateafter the legal deadline 166 days View
- Board changedlatest change 10-06-2026 · 2 in office 2 joined · 1 left View
By topic
Board & ownership
- Board
- 2 members
- Alves Dos Santos ReginaldoDirector
- Alves Dos SantosDirector
Timeline
- Events
- 8
- Since
- 2021
- Next accounts
- by 31-01-2027
- 11-01-2025Annual accounts filed
- 30-06-2024Weakest financial year
- 31-01-2024Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- Agents specialised in the wholesale of other particular…NACE 46180
- Founded
- 15-05-2018
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 30
- Annual meeting
- 31 December at 16:00
- Purpose
- Toute activité de café-bar, ainsi que d’organisation de fêtes, spectacles, animations et…
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