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 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ESPINET from Sint-Genesius-Rode, company number BE0436840884, closed financial year 2025 with a result of € -3,587 after tax. For that financial year ESPINET recorded a gross margin of € 10,791 and equity of € 114,283. Compared with financial year 2024, the result moved from € -6,190 to € -3,587. 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 August 27, 2026.
€ 114,283
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,587
▲ 42 % less loss than in 2024
Profit after tax over the fiscal year.
€ 167
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,717.
People and assets in 2025
€ 822
▼ 28% 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.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,745 | € 7,929 | € 7,838 | € 10,791 | ▲ 38% |
| Profit after taxes | € 2,895 | € -4,718 | € -6,190 | € -3,587 | ▲ € 2,604 |
| Equity | € 128,778 | € 124,060 | € 117,870 | € 114,283 | ▼ 3% |
| Total debts | € 158,886 | € 155,239 | € 167,235 | € 162,136 | ▼ 3% |
| Cash | € 1,199 | € 141 | € 179 | € 167 | ▼ 7% |
| Land & buildings | € 252,291 | € 249,409 | € 246,527 | € 243,645 | ▼ 1% |
| Retained profit | € -21,222 | € -25,940 | € -32,130 | € -35,717 | ▼ € 3,587 |
| Balance sheet total | € 287,665 | € 279,299 | € 285,105 | € 276,419 | ▼ 3% |
Key figures of ESPINET, 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 ESPINET?
What happened at ESPINET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,587. filed late Source: NBB ↗
- New establishment in Sint-Genesius-Rode. KBO
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,895 profit in 2022 to € 3,587 loss in 2025.
Best year ever: 2022, with € 2,895 profit.
Establishments
Establishment units
Physical locations of this company
Middenhutlaan 3
1640 Sint-Genesius-Rode
Rue Champ Rodange 100
1410 Waterloo
Active since 7 March 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.840.884
- VAT number
- BE 0436.840.884
- Registered office
- Middenhutlaan 3, 1640 Sint-Genesius-Rode
- Names & denominations
- ESPINET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1989
- Peppol
- Not registered