ESSANIA
ESSANIA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €-7k. Equity is shrinking by ~63.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 1433 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €1k |
| Net result | €-7k |
| Better than sector | 28% |
| Active | 17 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.6% | 23.5% | |
| Net result | €-7k | €7k | |
| Equity | €1k | €25k | |
| Gross operating margin | €-482 | €34k | |
| Total assets | €36k | €132k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €-602 | €3k | €11k |
| Net profit | €-7k | €-4k | €2k |
| Cash flow | €-947 | €3k | €8k |
| Staff costs | - | - | - |
| Income taxes | €207 | €448 | €2k |
| Dividends | - | - | - |
| Total assets | €36k | €38k | €50k |
| Equity | €1k | €8k | €12k |
| Debt | €35k | €29k | €38k |
| of which ≤ 1y | €4k | €3k | €12k |
| of which > 1y | €31k | €26k | €26k |
| Working capital | €28k | €24k | €21k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 7.68 | 8.85 | 2.81 |
| Quick ratio | 7.29 | 8.41 | 2.70 |
| Working capital ratio | 75.7% | 63.0% | 42.5% |
| Solvency | 3.6% | 22.4% | 23.8% |
| Debt / equity | 26.96 | 3.47 | 3.20 |
| Long-term debt ratio | 23.79 | 3.11 | 2.21 |
| Interest coverage | -4.38 | 18.02 | 51.75 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -19.5% | -9.3% | 3.9% |
| ROE | -546.1% | -41.8% | 16.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €36k | €38k | €50k |
| Fixed assets | 21/28 | €5k | €11k | €17k |
| Tangible fixed assets | 22/27 | €5k | €11k | €17k |
| Current assets | 29/58 | €32k | €27k | €33k |
| Stocks & contracts in progress | 3 | €2k | €1k | €1k |
| Amounts receivable within one year | 40/41 | €3k | €2k | - |
| Cash & bank | 54/58 | €25k | €21k | €29k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €36k | €38k | €50k |
| Equity | 10/15 | €1k | €8k | €12k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Accumulated profits (losses) | 14 | €-5k | €2k | €6k |
| Amounts payable | 17/49 | €35k | €29k | €38k |
| Amounts payable after one year | 17 | €31k | €26k | €26k |
| Amounts payable within one year | 42/48 | €4k | €3k | €12k |
| Trade debts payable within one year | 44 | €771 | €65 | €7k |
| Income statement | ||||
| Gross operating margin | 9900 | €-482 | €3k | €11k |
| Operating result | 9901 | €-7k | €-3k | €4k |
| Financial charges | 65 | €137 | €182 | €204 |
| Result before taxes | 9903 | €-7k | €-3k | €4k |
| Income taxes | 67/77 | €207 | €448 | €2k |
| Net result for the period | 9904 | €-7k | €-4k | €2k |
| Result to be appropriated | 9905 | €-7k | €-4k | €2k |
Former directors (1)
-
Dechamps LucDirectorState Gazette act 24086675 (07-06-2024)Former- → 17-04-2012
| NACE primary | Other non-specialised retail sale(47120) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 05-01-2009 |
| Status | Active |
| Postal code | 2250 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029C0075/00D005 | Flanders | 824 m² | 1 · 174 m² | 8.1 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-06-2024 Mandate of Dechamps Luc as director ended by death
- Dechamps Luc, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dechamps Luc",
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},
"reason": "death",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2012-04-17",
"evidence_quote": "De bijzondere algemene vergadering, gehouden op de maatschappelijke zetel van de vennootschap op 17 april 2024 neemt kennis van het overlijden van de heer Dechamps Luc op 17 april 20124.",
"decharge_status": "granted",
"mandate_duration": null,
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},
{
"kind": "decharge_granted",
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},
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"evidence_quote": "Tevens wordt kwijting verleend aan de heer Dechamps Luc voor de uitoefening van zijn mandaat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-06-07",
"filing_date": "2024-05-29",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-04-17",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0808.961.588",
"name_full": "ESSANIA",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
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"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | ESSANIA |