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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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPAD-SERVICES from Huldenberg, company number BE0433049273, closed financial year 2025 with a result of € 696,199 after tax. For that financial year ESPAD-SERVICES recorded a gross margin of € -72,948 and equity of € 4.8 million. Compared with financial year 2024, the result moved from € -158,339 to € 696,199. Profitable, and profit is growing. 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 December 16, 2025.
€ 4.8 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 696,199
▲ still € 158,339 loss in 2024
Profit after tax over the fiscal year.
€ 318,563
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,176
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39,357
▼ 23% 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.
€ 3,522
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,395
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 130,445 | € -16,424 | € -59,813 | € -72,948 | ▼ € 13,135 |
| Profit after taxes | € 677,049 | € 627,802 | € -158,339 | € 696,199 | ▲ € 854,538 |
| Equity | € 5,665,248 | € 6,293,050 | € 6,134,711 | € 4,784,331 | ▼ 22% |
| Total debts | € 123,475 | € 153,952 | € 1,037,979 | € 4,648,401 | ▲ € 3.6 million |
| Cash | € 440,562 | € 454,101 | € 261,916 | € 318,563 | ▲ 22% |
| Land & buildings | € 173,464 | € 173,464 | € 173,464 | € 173,464 | |
| Retained profit | € 5,602,748 | € 6,230,550 | € 6,072,211 | € 4,721,831 | ▼ 22% |
| Dividend | € 0 | € 0 | € 0 | € 2,046,579 | |
| Balance sheet total | € 5,788,723 | € 6,447,002 | € 7,172,690 | € 9,432,732 | ▲ 32% |
Key figures of ESPAD-SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ESPAD-SERVICES?
What happened at ESPAD-SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Chantal Malou stepped down as director. NBB
- Mathias van der Straten-Ponthoz stepped down as director. NBB
- Everard van der Straten-Ponthoz stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 696,199. Source: NBB ↗
- Chantal Malou became a director. NBB
- Mathias van der Straten-Ponthoz became a director. NBB
- Everard van der Straten-Ponthoz became a director. NBB
- New establishment in Huldenberg. KBO
In short
From € 677,049 profit in 2022 to € 696,199 profit in 2025.
Paid € 287,933 in corporate taxes since 2022.
Best year ever: 2025, with € 696,199 profit.
Paid out € 2 million in dividends to the owners in total.
Management
It owns 40% of Broyeurs Soudron-Sacré, 20% of LBI INVESTISSEMENT, 17.5% of SCI LA RIVIERE and 17% of RECYMET SA itself.
Directors
According to the 2025 annual accounts
Chantal Malou
Director
since 2023 · until 2029
Mathias van der Straten-Ponthoz
Director
since 2023 · until 2029
Everard van der Straten-Ponthoz
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
St.-Jansbergsteenweg(LOO) 24
3040 Huldenberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.049.273
- VAT number
- BE 0433.049.273
- Registered office
- St.-Jansbergsteenweg(LOO) 24, 3040 Huldenberg
- Names & denominations
- ESPAD-SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1987
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Markt- en opinieonderzoek
Marktonderzoekbureaus
Activiteiten van holdings
Fokken en houden van paarden en andere paardachtigen
Holdings