VAN ESSER BROS
ActiveVAN ESSER BROS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €54k. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+56
Solvency41▲+13
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.61 in 2024; short-term debt: 84.2% and cash: 0.1% of total assets), and 84.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
15.8%
Return on assets
12.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €68k
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 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 d early
2024
94 d early
2023
92 d early
2022
102 d early
2021
72 d early
2020
65 d early
2019
67 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 408%
2024 · €13k
2018: €95k
2019: €108k
2020: €145k
2021: €163k
2022: €120k
2023: €54k
2024: €13k
2018 → 2025
Total assets
€428k▼ 12.3%
2024 · €489k
2018: €345k
2019: €562k
2020: €588k
2021: €605k
2022: €543k
2023: €498k
2024: €489k
2018 → 2025
Net result
€54k
2024 · €-40k
2018: €19k
2019: €13k
2020: €37k
2021: €18k
2022: €-43k
2023: €-67k
2024: €-40k
2018 → 2025
Working capital
€-116k▲ 37.2%
2024 · €-184k
2018: €61k
2019: €-61k
2020: €-23k
2021: €-52k
2022: €-98k
2023: €-168k
2024: €-184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€163k-€120k▼ 26.3%€54k▼ 55.4%€13k▼ 75.1%€68k▲ 408%
Operating result€30k-€-41k€-66k▼ 61.4%€-37k▲ 44.2%€83k
Net result€18k-€-43k€-67k▼ 55.5%€-40k▲ 39.6%€54k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €83k after a loss of €37k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €428k
Fixed assets
€184k▼ 7.1%
Current assets
€245k▼ 15.8%
Equity and liabilities €428k
Equity
€68k▲ 408%
Debt
€361k▼ 24.1%
The debt ratio falls from 97.3% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▲
2024 · €-13k
Cash flow
€69k▲
2024 · €-17k
Solvency
15.8%▲
2024 · 2.7%
Current ratio
0.68▲
2024 · 0.61
Quick ratio
0.01▼
2024 · 0.10
Debt / equity
5.32▼
2024 · 35.62
ROE
80.3%▲
2024 · -301.0%
ROA
12.7%▲
2024 · -8.2%
Interest coverage
3.55▲
2024 · -5.33
Debt
€361k▼
2024 · €475k
Debt ≤ 1 year
€361k▼
2024 · €475k
Income taxes
€877▲
2024 · €664
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€489k€428k▼
Fixed assets21/28€198k€184k▼
Tangible fixed assets22/27€195k€181k▼
Land and buildings22€194k€180k▼
Furniture and vehicles24€907€680▼
Financial fixed assets28€3k€3k=
Current assets29/58€291k€245k▼
Stocks and contracts in progress3€244k€241k▼
Stocks30/36€244k€241k▼
Amounts receivable within one year40/41€31k€3k▼
Trade receivables40€31k-
Other amounts receivable41-€3k
Cash at bank and in hand54/58€16k€480▼
Equity and liabilities
Total equity and liabilities10/49€489k€428k▼
Equity10/15€13k€68k▲
Contributions10/11€77k€77k=
Reserves13€19k€19k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€-82k€-28k▲
Amounts payable17/49€475k€361k▼
Amounts payable within one year42/48€475k€361k▼
Trade debts44€34k€22k▼
Suppliers440/4€34k€22k▼
Taxes, remuneration and social security45€2k€647▼
Taxes450/3€2k€647▼
Other amounts payable47/48€440k€338k▼
Income statement
Code20242025
Non-recurring operating income76A€30k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€14k▼
Other operating charges640/8-€5k
Gross operating margin9900€-13k€102k▲
Operating profit (loss)9901€-37k€83k▲
Financial charges65/66B€3k€27k▲
Recurring financial charges65€3k€27k▲
Profit (loss) for the period before taxes9903€-39k€55k▲
Income taxes67/77€664€877▲
Profit (loss) for the period9904€-40k€54k▲
Profit (loss) for the period to be appropriated9905€-40k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-28k▲
Profit (loss) brought forward from the previous period14P€-42k€-82k▼
The notes to these accounts (7 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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €54k
Net result €54k after 3 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €163k ▲12.4%
4 profitable years in a row build equity to €163k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €108k ▲13.6%
2 profitable years in a row build equity to €108k.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 2008
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.
Elizabetlaan 58300 Knokke-HeistGround area
1,011 m²
Building footprint
664 m²
Volume, LiDAR
9,112 m³
Parcel 31334B0705/00B000, Flanders · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Van Esser Bros
since 20082.170.970.757
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0705/00B000 | Flanders | 1,011 m² | 1 · 664 m² | 19.4 m · 5 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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M.R. DIAMANT
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ORIZON
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BEAULIEU ANTWERP
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Of 567 companies in sector 46480 we hold annual accounts for 353. 257 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2008
Fiscal year end31-12
Activities, NACEBEL
46480Wholesale trade
47770Retail sale of watches and jewellery
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.