ESP ENGINEERING
ActiveSummary
ESP ENGINEERING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €-15k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 1901 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-80
Solvency65▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 2.3 in 2024; short-term debt: 58.7% and cash: 9.2% of total assets), but 60.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-15.9%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
61 d late
2023
119 d late
2022
4 d early
2021
23 d late
2020
40 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▼ 40.8%
2024 · €65k
2018: €35k
2019: €53k
2020: €63k
2021: €72k
2022: €80k
2023: €73k
2024: €65k
2018 → 2025
Total assets
€97k▼ 10.7%
2024 · €108k
2018: €130k
2019: €180k
2020: €120k
2021: €133k
2022: €107k
2023: €122k
2024: €108k
2018 → 2025
Net result
€-15k
2024 · €10k
2018: €6k
2019: €70k
2020: €10k
2021: €19k
2022: €14k
2023: €-862
2024: €10k
2018 → 2025
Working capital
€33k▼ 39.9%
2024 · €54k
2018: €12k
2019: €35k
2020: €57k
2021: €55k
2022: €63k
2023: €61k
2024: €54k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€80k▲ 11.3%€73k▼ 8.4%€65k▼ 11.5%€38k▼ 40.8%
Operating result€24k-€17k▼ 28.9%€-721€15k€-16k
Net result€19k-€14k▼ 25.4%€-862€10k€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97k
Fixed assets
€7k ▼ 40.2%
Current assets
€89k ▼ 6.9%
Equity and liabilities €97k
Equity
€38k ▼ 40.8%
Debt
€58k ▲ 34.5%
Debt's share of the balance-sheet total rises from 40.0% to 60.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▼
2024 · €19k
Cash flow
€-11k▼
2024 · €14k
Current ratio
1.57▼
2024 · 2.30
Debt to equity
1.52▲
2024 · 0.67
ROE
-40.1%▼
2024 · 15.1%
ROA
-15.9%▼
2024 · 9.0%
Interest coverage
-4.97▼
2024 · 8.30
Debt ≤ 1 year
€57k▲
2024 · €42k
Income taxes
€299▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€108k€97k▼
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Land and buildings22€0-
Furniture and vehicles24€12k€7k▼
Current assets29/58€96k€89k▼
Amounts receivable within one year40/41€89k€79k▼
Trade receivables40€10k€22k▲
Other amounts receivable41€79k€57k▼
Cash at bank and in hand54/58€5k€9k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€108k€97k▼
Equity10/15€65k€38k▼
Contributions10/11€6k€6k=
Reserves13€59k€32k▼
Distributable reserves133€59k€32k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€43k€58k▲
Amounts payable within one year42/48€42k€57k▲
Financial debts43€2k€8k▲
Credit institutions430/8€0€4k▲
Other loans439€2k€3k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€19k€32k▲
Taxes450/3€19k€32k▲
Other amounts payable47/48€18k€11k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€22k€-10k▼
Operating profit (loss)9901€15k€-16k▼
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€17k€-15k▼
Income taxes67/77€7k€299▼
Profit (loss) for the period9904€10k€-15k▼
Profit (loss) for the period to be appropriated9905€10k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-15k▼
Transfer from equity791/2€18k€26k▲
Transfer to equity691/2€10k€0▼
To other reserves6921€10k€0▼
Profit to be distributed694/7€18k€11k▼
Return on contributions (dividend)694€18k€11k▼
The notes to these accounts (6 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k ▼258%
Net result drops to €-15k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Highest result since 2018net €70k ▲1101%
Operating result €79k, net result €70k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 87 days late
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 144 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Heusden-Zolder · 1 establishment unit since 2002
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.
Meeuwenlaan 313550 Heusden-ZolderGround area
6,331 m²
Building footprint
605 m²
Volume, LiDAR
2,940 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ESP ENGINEERING
since 20022.101.837.570
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462D0622/00Z000 | Flanders | 3,862 m² | 1 · 394 m² | 7.5 m · 2 fl. |
| 71462D0622/00X000 | Flanders | 2,469 m² | 1 · 211 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
CUBIZ4
BE 0889.088.934
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BE 0634.985.259
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NETCOM SOLUTIONS
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Gent · Eq €38,212
OXALIS
BE 0437.222.847
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ADS IT Consultancy
BE 0563.856.644
Nazareth-De Pinte · Eq €38,600
Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 886 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.