Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2024
ESSAM from Sint-Jans-Molenbeek, company number BE0443896447, closed financial year 2024 with a result of € 11,393 after tax. For that financial year ESSAM recorded a gross margin of € 182,599 and equity of € -49,938. Compared with financial year 2023, the result moved from € 30,524 to € 11,393. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2025.
€ -49,938
▲ € 11,393 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,393
▼ 63% vs 2023
Profit after tax over the fiscal year.
€ 83,766
▲ € 80,123 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -72,530.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 156,466
▼ 16% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,823
▲ € 7,716 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9,329
▼ 36% vs 2023
Loans from banks and other lenders, long and short.
€ 96,883
▲ 145% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,823
▲ 2% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 58,592 | € 101,707 | € 237,785 | € 182,599 | ▼ 23% |
| Profit after taxes | € -1,827 | € -24,602 | € 30,524 | € 11,393 | ▼ 63% |
| Equity | € -67,253 | € -91,855 | € -61,330 | € -49,938 | ▲ € 11,393 |
| Total debts | € 154,822 | € 118,867 | € 95,728 | € 175,475 | ▲ 83% |
| Cash | € 38,694 | € 6,735 | € 3,643 | € 83,766 | ▲ € 80,123 |
| Retained profit | € -89,845 | € -114,447 | € -83,922 | € -72,530 | ▲ € 11,393 |
| Bank debt | € 57,869 | € 28,120 | € 14,663 | € 9,329 | ▼ 36% |
| Balance sheet total | € 87,569 | € 27,012 | € 34,397 | € 125,537 | ▲ 265% |
Key figures of ESSAM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ESSAM?
What happened at ESSAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11,393 (▼ 63% vs 2023). filed late Source: NBB ↗
- Mostafa BEGGAR became a director. NBB
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,827 loss in 2021 to € 11,393 profit in 2024.
Paid € 638 in corporate taxes since 2021.
Best year ever: 2023, with € 30,524 profit.
A new publication or filing at ESSAM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ESSAM is Mostafa BEGGAR. Mostafa BEGGAR is also behind M.B.T. and TRANSLO.
Establishments
Establishment units
Physical locations of this company
Begijnenstraat 160
1080 Sint-Jans-Molenbeek
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
- 0443.896.447
- VAT number
- BE 0443.896.447
- Registered office
- Begijnenstraat 160, 1080 Sint-Jans-Molenbeek
- Names & denominations
- ESSAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1991
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Exploitatie van taxi's
Personenvervoer over de weg volgens dienstregeling
Personenvervoer over de weg zonder dienstregeling
Overig personenvervoer te land, n.e.g.