Financials
- Fiscal year
- 2025
- Total assets
- €223,283
- Loss
- -€29,294
- Solvency
- 71.9%
Turnover▼ 12.0%
Net result
20192021
Esenca-Province de Liège-Réseau Solidaris
ActiveSummary
Esenca-Province de Liège-Réseau Solidaris has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,512 and a net result of -€29,294. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 67% of 52 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Public administration and defence; compulsory social security
NACE 84302
1 site
Size
€223,283total assets 2025
- Equity
- €160,512
- Loss
- -€29,294
Structure
- Board
- 6 members
Auditor: LIBRA – AUDIT & ASSURANCEAccounts 43 d early1 of 22 deeds read
Why 93- Loss of €29,294, the second in a row (FY 2025)+ Legal form Non-profit association+ Liquidity: current ratio 3.57, cash €208,838+ Sector Public administration and defence; compulsory social security (NACE 84)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Better than 41% of its sector peers (NACE 84, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
97-1
equity 71.9% of total assets
Liquidity
89-1
short-term debt 28.0% · cash 93.5%
Profitability
5-13
return on assets -13.1%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%highest value
12-2024: < 0.1%● 0.0% vs 11-2024highest value
01-2025: < 0.1%● 0.0% vs 12-2024highest value
02-2025: < 0.1%● 0.0% vs 01-2025highest value
03-2025: < 0.1%● 0.0% vs 02-2025highest value
04-2025: < 0.1%● 0.0% vs 03-2025highest value
05-2025: < 0.1%● 0.0% vs 04-2025highest value
06-2025: < 0.1%● 0.0% vs 05-2025highest value
07-2025: < 0.1%▼ -25.0% vs 06-2025lowest value
08-2025: < 0.1%● 0.0% vs 07-2025lowest value
09-2025: < 0.1%● 0.0% vs 08-2025lowest value
10-2025: < 0.1%● 0.0% vs 09-2025lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%● 0.0% vs 02-2026lowest value
04-2026: < 0.1%● 0.0% vs 03-2026lowest value
05-2026: < 0.1%● 0.0% vs 04-2026lowest value
06-2026: < 0.1%● 0.0% vs 05-2026lowest value
07-2026: < 0.1%▲ +16.7% vs 06-2026
08-2026: < 0.1%▲ +14.3% vs 07-2026highest value
09-2026: < 0.1%● 0.0% vs 08-2026highest value
10-2026: < 0.1%▼ -12.5% vs 09-2026
- Legal form Non-profit association lowers the probability
- Loss of €29,294, the second in a row (FY 2025) raises the probability
- Liquidity: current ratio 3.57, cash €208,838 lowers the probability
- Sector Public administration and defence; compulsory social security (NACE 84) lowers the probability
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 3.57 against 3.74 in 2024; short-term debt: 28% and cash: 93.5% of total assets), and 28.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 84, micro). Better than this share of them on solvency 65%, liquidity 77%, profitability 9%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€29,294
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 18-06-2026, 43 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
43 d early
2024
44 d early
2023
37 d early
2022
18 d early
2021
27 d early
2020
31 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 19% of the sector filed late.
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. Usually files around 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointments: HODY Thierry, LARUELLE Pascale and…Appointment: LIBRA Audit & Assurance…
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: 4 loss-making years in a rowloss fiscal year 2025 -€29,294 View
- Caution: Among the weakest 8% on net resultsector median €15,394 · 53 companies -€29,294 View
- Board changedlatest change 08-06-2026 · 6 in office 6 joined · 1 left View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
- Wallonia-Brussels supportpaid 2023 - 2025 €403,529 View
By topic
Board & ownership
- Board
- 6 members
- Auditor
- LIBRA – AUDIT &…
Go to Board & ownership
Network & group
- Connected companies
- 17
Timeline
- Events
- 9
- Since
- 2020
- Next accounts
- by 31-07-2027
- 29-07-2026Reappointments: HODY Thierry, LARUELLE Pascale and 4…
- 18-06-2026Annual accounts filed
- 17-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Non-profit association
- Activity
- Public administration and defence; compulsory social securityNACE 84302
- Founded
- 25-03-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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