Skip to content

E-SYSTEMS

Active
Private limited company (pre-2019)founded 200620 yrs activeBoswachtersdreef (Heide) 42, 2920 Kalmthout, BelgiumKBO/BCE: BE 0881.070.893

E-SYSTEMS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €-4k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
70 / 100
Healthy= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 34.19 against 27.1 in 2024), and 3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
61 d late
2022
3 d early
2021
2 d early
2020
111 d late
2019
31 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€93k▼ 3.7%
2024 · €96k
2018: €63k 2019: €60k 2020: €61k 2021: €108k 2022: €108k 2023: €101k 2024: €96k
2018 → 2025
Total assets
€96k▼ 4.4%
2024 · €100k
2018: €78k 2019: €87k 2020: €96k 2021: €138k 2022: €128k 2023: €101k 2024: €100k
2018 → 2025
Net result
€-4k▲ 21.8%
2024 · €-5k
2018: €-3k 2019: €-3k 2020: €1k 2021: €46k 2022: €268 2023: €-7k 2024: €-5k
2018 → 2025
Working capital
€93k▼ 3.6%
2024 · €96k
2018: €63k 2019: €57k 2020: €59k 2021: €108k 2022: €108k 2024: €96k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€108k-€108k▲ 0.2%€101k▼ 6.4%€96k▼ 4.5%€93k▼ 3.7%
Operating result€64k-€-1k€-7k▼ 535%€-4k▲ 33.1%€-3k▲ 22.1%
Net result€46k-€268▼ 99.4%€-7k€-5k▲ 33.7%€-4k▲ 21.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €64k€64kNet result 2021: €46k€46kOperating result 2022: €-1k€-1kNet result 2022: €268€268Operating result 2023: €-7k€-7kNet result 2023: €-7k€-7kOperating result 2024: €-4k€-4kNet result 2024: €-5k€-5kOperating result 2025: €-3k€-3kNet result 2025: €-4k€-4k20212022202320242025
The operating result stays negative: a loss of €3k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €96k
Equity €93k▼ 3.7%
Debt €3k▼ 23.0%
The debt ratio falls from 3.7% to 3.0%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
97.0%
2024 · 96.3%
Current ratio
34.19
2024 · 27.10
Quick ratio
34.19
2024 · 27.10
Debt / equity
0.03
2024 · 0.04
ROE
-3.8%
2024 · -4.7%
ROA
-3.7%
2024 · -4.5%
Debt
€3k
2024 · €4k
Debt ≤ 1 year
€3k
2024 · €4k
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€100k€96k
Current assets29/58€100k€96k
Amounts receivable after more than one year29€97k€93k
Other amounts receivable291€97k€93k
Amounts receivable within one year40/41€3k€3k
Trade receivables40€484€484=
Other amounts receivable41€2k€3k
Cash at bank and in hand54/58€238€31
Equity and liabilities
Total equity and liabilities10/49€100k€96k
Equity10/15€96k€93k
Contributions10/11€6k€6k=
Reserves13€90k€87k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€88k€85k
Amounts payable17/49€4k€3k
Amounts payable within one year42/48€4k€3k
Trade debts44€4k€3k
Suppliers440/4€4k€3k
Accrued charges and deferred income492/3-€45
Income statement Code20242025
Other operating charges640/8€890€923
Gross operating margin9900€-4k€-3k
Operating profit (loss)9901€-4k€-3k
Financial income75/76B€1€0
Recurring financial income75€1€0
Financial charges65/66B€81€76
Recurring financial charges65€81€76
Profit (loss) for the period before taxes9903€-5k€-4k
Profit (loss) for the period9904€-5k€-4k
Profit (loss) for the period to be appropriated9905€-5k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-4k
Transfer from equity791/2€5k€4k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial Weakest financial yearnet €-7k ▼2658%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €46k ▲3664%
Operating result €64k, net result €46k, both a record.
31-12
Financial Equity above €100kEq €108k ▲75.2%
2 profitable years in a row build equity to €108k.
19-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
31-12
Financial Back to profitnet €1k
Net result €1k after 2 loss-making years.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Kalmthout · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Boswachtersdreef (Heide) 422920 Kalmthout
Ground area
2,096 m²
Building footprint
197 m²
Volume, LiDAR
840 m³
Parcel 11662E0592/00E022, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
-
Boswachtersdreef (Heide) 42, 2920 KalmthoutNACE 4525002
since 20062.154.468.780
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11662E0592/00E022 Flanders 2,096 m² 1 · 197 m² 12.2 m · 1 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.

Similar companies · same sector, comparable size

Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,779 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2006
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0477/807133
Establishment Kalmthout 2.154.468.780