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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPECO from Bütgenbach, company number BE0546813150, closed financial year 2025 with a result of € 169,053 after tax. For that financial year ESPECO recorded a gross margin of € 269,102 and equity of € 20,460. Compared with financial year 2024, the result moved from € 172,253 to € 169,053. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 12, 2025.
€ 20,460
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 169,053
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 66,646
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 169,053 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 72,647
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,989
▼ 50% vs 2024
€ 12,792 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,504
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,251
▼ 2% 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 | € 251,850 | € 278,872 | € 270,093 | € 269,102 | |
| Profit after taxes | € 166,711 | € 195,206 | € 172,253 | € 169,053 | ▼ 2% |
| Equity | € 20,460 | € 20,460 | € 20,460 | € 20,460 | |
| Total debts | € 351,903 | € 424,027 | € 415,045 | € 387,390 | ▼ 7% |
| Cash | € 92,852 | € 91,516 | € 59,193 | € 66,646 | ▲ 13% |
| Retained profit | € 1,860 | € 1,860 | € 1,860 | € 1,860 | |
| Dividend | € 220,593 | € 195,206 | € 172,253 | € 169,053 | ▼ 2% |
| Bank debt | € 68,780 | € 86,728 | € 49,904 | € 24,989 | ▼ 50% |
| Balance sheet total | € 372,363 | € 444,487 | € 435,505 | € 407,850 | ▼ 6% |
Key figures of ESPECO, 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 ESPECO?
What happened at ESPECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 169,053 (▼ 2% vs 2024). Source: NBB ↗
- New establishment in Bütgenbach. KBO
- Start of the company according to the CBE. KBO
In short
From € 166,711 profit in 2022 to € 169,053 profit in 2025.
Paid € 210,342 in corporate taxes since 2022.
Best year ever: 2023, with € 195,206 profit.
Paid out € 757,105 in dividends to the owners in total.
Management
Behind ESPECO is Didier Espreux. It owns 50% of Dachsysteme itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Weywertz,Königsweg 19
4750 Bütgenbach
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0546.813.150
- VAT number
- BE 0546.813.150
- Registered office
- Weywertz,Königsweg 19, 4750 Bütgenbach
- Names & denominations
- ESPECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2014
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Activiteiten van hoofdkantoren