Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EsMar from Izegem, company number BE0431328811, closed financial year 2025 with a result of € -34,243 after tax. For that financial year EsMar recorded a gross margin of € 10,498 and equity of € 330,190. Compared with financial year 2024, the result moved from € -34,418 to € -34,243. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 330,190
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,243
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 20
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 289,330.
People and assets in 2025
€ 1,967
▼ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 238
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,283
▲ 15% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,607 | € 21,579 | € 8,427 | € 10,498 | ▲ 25% |
| Profit after taxes | € 189 | € -14,151 | € -34,418 | € -34,243 | ▲ € 174 |
| Equity | € 413,002 | € 398,851 | € 364,433 | € 330,190 | ▼ 9% |
| Total debts | € 38,761 | € 37,931 | € 40,819 | € 36,822 | ▼ 10% |
| Cash | € 64,194 | € 31,299 | € 192 | € 20 | ▼ 90% |
| Land & buildings | € 375,227 | € 379,874 | € 399,306 | € 379,718 | ▼ 5% |
| Retained profit | € 372,142 | € 357,992 | € 323,574 | € 289,330 | ▼ 11% |
| Dividend | € 18,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 507,260 | € 490,253 | € 456,696 | € 416,428 | ▼ 9% |
Key figures of EsMar, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EsMar?
What happened at EsMar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,243. Source: NBB ↗
- Jan Kerkhof became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 189 profit in 2022 to € 34,243 loss in 2025.
Paid € 1,302 in corporate taxes since 2022.
Best year ever: 2022, with € 189 profit.
Paid out € 18,000 in dividends to the owners in total.
Management
Behind EsMar is Jan Kerkhof.
Directors
According to the 2025 annual accounts
Jan Kerkhof
Director
since 1996
Establishments
Establishment units
Physical locations of this company
Kachtemsplein 2
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.328.811
- VAT number
- BE 0431.328.811
- Registered office
- Kachtemsplein 2, 8870 Izegem
- Names & denominations
- EsMar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 1987
- Peppol
- Active · Active since 5 Feb 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen