Financials
- Financial year
- 2025
- Total assets
- €61,250
- Loss
- -€899
- Solvency
- 98.9%
L’esplanade III
ActiveSummary
L’esplanade III has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,601 and a net result of -€899. Its solvency ranks better than 95% of 5,738 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Development of residential building projects
NACE 68121
1 site
Size
€61,250total assets 2025
- Equity
- €60,601
- Loss
- -€899
Structure
- Parent
- COMPAGNIE DE PROMOTION DE L'ESPLANADE · 100%
Accounts filed 25 days late
Why 71raises riskFounded in 2025Size: total assets €61,250Liquidity: current ratio 94.27, cash €855lowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
71
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 59% of its sector peers (NACE 68, micro)
Financial strength
Strong
Solvency
100
equity 98.9% of total assets
Liquidity
52
short-term debt 1.1% · cash 1.4%
Profitability
34
return on assets -1.5%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 0.6%
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity ample (current ratio 94.27, above the usual 1.5; short-term debt: 1.1% and cash: 1.4% of total assets), and 1.1% of the assets are financed with debt and provisions.
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 68, micro): better than 91% on solvency, 58% on liquidity and 29% on profitability.
The bankruptcy probability was computed on 17-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
25 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · full…
- IncorporationAppointments: WILHEM et CO (director)…
Key points
By topic
Board & ownership
- Parent
- COMPAGNIE DE PROMOTION DE… · 100%
Network & group
- Connected companies
- 1
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 21-03-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 42
- Who signs
- Two directors jointly
- Purpose
- “Toutes opérations généralement quelconques portant sur des biens immobiliers,bâtis et non…” (deed in French)
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