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Complete company report
Generated 15-08-2026
Active BE 0427.029.434Public limited company

ESSI

Rue Cense de la Motte 49 ·7170 Manage, Belgium· 41 yrs active
Sector: Vervaardiging van metalen constructiewerken en delen daarvan (25110)
Conclusion Checked

The KBO register records legal situation 050 for ESSI (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €155k and a net result of €-6k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €155k
Net result €-6k
Staff (FTE) 24.1
Better than sector 24%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health0Profitability0Solvency26Growth78Stability0
21 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 26
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
10 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 1 judicial reorganisation (+10)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 28-08-2024 with the NBB · fiscal year 2023 · volledig
€-50k€0€50k€100kOperating result 2019: €87k€87kNet result 2019: €22k€22kOperating result 2020: €101k€101kNet result 2020: €58k€58kOperating result 2021: €32k€32kNet result 2021: €5k€5kOperating result 2022: €86k€86kNet result 2022: €45k€45kOperating result 2023: €29k€29kNet result 2023: €-6k€-6k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 25 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 15.5% 28.6%
better than 24% of 59 sector peers
Net result €-6k €36k
better than 23% of 59 sector peers
Equity €155k €381k
better than 37% of 59 sector peers
Gross operating margin €1.18M €495k
better than 75% of 42 sector peers
Staff costs €1.10M €544k
higher than 61% of 52 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€60k
-47.6% 18-23
Net profit
€-6k
- 18-23
Cash flow
€25k
-65.7% 18-23
Total assets
€999k
-9.1% 18-23
Equity
€155k
-3.8% 18-23
Working capital
€154k
+2.7% 18-23
Employees (FTE)
24
-2.0% 18-23
Staff costs
€1.10M
-1.1% 18-23
Income taxes
€13k
-52.3% 18-23
Debt
€845k
-10.0% 18-23
Debt ≤ 1y
€754k
-11.3% 18-23
Debt > 1y
€90k
+2.0% 18-23
Current ratio
1.20
+2.4% 18-23
Quick ratio
1.11
+2.6% 18-23
Solvency
15.5%
+5.8% 18-23
Debt / equity
5.46
-6.4% 18-23
ROE
-4.0%
- 18-23
ROA
-0.6%
- 18-23
Interest coverage
2.71
-65.6% 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue-
EBITDA€60k
Net profit€-6k
Cash flow€25k
Staff costs€1.10M
Income taxes€13k
Dividends-
Total assets€999k
Equity€155k
Debt€845k
of which ≤ 1y€754k
of which > 1y€90k
Working capital€154k
Employees (FTE)24.1
Ratios (computed)
2023
Current ratio1.20
Quick ratio1.11
Working capital ratio15.4%
Solvency15.5%
Debt / equity5.46
Long-term debt ratio0.58
Interest coverage2.71
Gross margin-
Net margin-
ROA-0.6%
ROE-4.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€999k
Fixed assets 21/28€91k
Tangible fixed assets 22/27€76k
Financial fixed assets 28€16k
Current assets 29/58€908k
Stocks & contracts in progress 3€71k
Amounts receivable within one year 40/41€793k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€999k
Equity 10/15€155k
Contributions / capital 10/11€62k
Reserves 13€93k
Amounts payable 17/49€845k
Amounts payable after one year 17€90k
Amounts payable within one year 42/48€754k
Trade debts payable within one year 44€256k
Income statement
Gross operating margin 9900€1.18M
Operating result 9901€29k
Financial income 75€25
Financial charges 65€22k
Result before taxes 9903€7k
Income taxes 67/77€13k
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • DECUYPER Dirk
    Director (executive)
    State Gazette act 25323973 (07-04-2025)
    Current
    07-04-2025 → present
    2 events
    • 07-04-2025 Appointed· Director (executive)
    • 07-04-2025 Resigned· Director (executive)
Former directors (2)
  • NATLAULegal entity
    Director (executive)· perm. rep.: NATLAU
    State Gazette act 25323973 (07-04-2025)
    Former
    - → 07-04-2025
  • SOPHYSLegal entity
    Director (executive)· perm. rep.: SOPHYS
    State Gazette act 25323973 (07-04-2025)
    Former
    - → 07-04-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Vervaardiging van metalen constructiewerken en delen daarvan(25110)
Legal form Public limited company(014)
Incorporation25-03-1985
StatusActive
Postal code7170
First BS signal 27-01-2025
Latest BS signal 27-01-2025
Establishment units 1 location
Rue Cense de la Motte 49, 7170 Manage
Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal
since 19852.026.682.861
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52006A0028/00M004indicative Wallonia 835 m² 1 · 113 m² 11.5 m · 2 fl.
Methodology
via registered seat: 1
0 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-04-2025
State Gazette act Director changes
Valentin DELWART · correction
27-01-2025
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collectif · event 20-01-2025
2024
28-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
25-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
27-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
18-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
30-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
27-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
03-10-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
28-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals1 events
27-01-2025
Judicial reorganisation Opening
Date: 20-01-2025 · Tribunal de l’entreprise du Hainaut · collectif · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-27 · Judicial reorganisation · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
07-04-2025 1 director appointed, 6 resigning Director changes·Valentin DELWARTcorrection
  • DECUYPER Dirk, Directeur
  • SOPHYS, Directeur
  • NATLAU, Directeur
  • DECUYPER Dirk, Directeur
  • SOPHYS, Directeur
  • NATLAU, Directeur
  • DECUYPER Dirk, Directeur
Notary: Valentin DELWART · Tournai
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201
Primary activity highlighted.
Names & trade names
Legal nameFR ESSI
Registered office
Rue Cense de la Motte 49
7170 Manage, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative