Financials
Financial year 2024
ESSENTCOLOR from Gent, company number BE0552649580, closed financial year 2024 with a result of € 24,402 after tax. For that financial year ESSENTCOLOR recorded a gross margin of € 33,914 and equity of € 51,129. Compared with financial year 2023, the result moved from € 26,631 to € 24,402. The company is profitable. 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 January 5, 2026.
€ 51,129
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,402
▼ 8% vs 2023
Profit after tax over the fiscal year.
€ 26,912
▲ 109% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 25,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 6,316
▲ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,825
▲ € 3,487 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 75,886 | € 73,299 | € 36,496 | € 33,914 | ▼ 7% |
| Profit after taxes | € 42,204 | € 53,675 | € 26,631 | € 24,402 | ▼ 8% |
| Equity | € 27,451 | € 25,596 | € 52,227 | € 51,129 | ▼ 2% |
| Total debts | € 35,889 | € 11,494 | € 4,799 | € 10,141 | ▲ 111% |
| Cash | € 37,792 | € 18,910 | € 12,849 | € 26,912 | ▲ 109% |
| Retained profit | € 6,901 | € 5,046 | € 31,677 | € 30,579 | ▼ 3% |
| Dividend | € 21,000 | € 55,530 | € 0 | € 25,500 | |
| Balance sheet total | € 71,394 | € 45,333 | € 63,688 | € 66,471 | ▲ 4% |
Key figures of ESSENTCOLOR, 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 ESSENTCOLOR?
What happened at ESSENTCOLOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 24,402 (▼ 8% vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Kurt Schmitt became a director. NBB
- Wim Schmitt became a director. NBB
In short
From € 42,204 profit in 2021 to € 24,402 profit in 2024.
Paid € 46,130 in corporate taxes since 2021.
Best year ever: 2022, with € 53,675 profit.
Paid out € 102,030 in dividends to the owners in total.
Management
Behind ESSENTCOLOR are Kurt Schmitt and Wim Schmitt. Wim Schmitt is also behind U.Z.M., RHODELAND, HET HR HUIS and ALDO SENSI.
Directors
According to the 2024 annual accounts
Kurt Schmitt
Director
since 2014
since 2014
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1168 box 202
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.649.580
- VAT number
- BE 0552.649.580
- Registered office
- Kortrijksesteenweg 1168 bus 202, 9051 Gent
- Names & denominations
- ESSENTCOLOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2014
- Peppol
- Active · Active since 25 Jan 2024
- Activities · NACE
Schilderen van gebouwen
Handelsbemiddeling in de groothandel in hout en bouwmaterialen