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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
56 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ESMERALDA from Hasselt, company number BE0651659262, closed financial year 2025 with a result of € -26,868 after tax. For that financial year ESMERALDA recorded a gross margin of € -21,359 and equity of € -279,095. Compared with financial year 2024, the result moved from € -9,331 to € -26,868. The company made a loss. 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 June 15, 2026.
€ -279,095
▼ € 26,869 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,868
▼ 188 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,608
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -341,095.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -62,175 | € -1,525 | € -8,631 | € -21,359 | ▼ € 12,728 |
| Profit after taxes | € -62,940 | € -10,394 | € -9,331 | € -26,868 | ▼ € 17,537 |
| Equity | € -232,501 | € -242,895 | € -252,226 | € -279,095 | ▼ € 26,869 |
| Total debts | € 260,440 | € 250,462 | € 270,959 | € 290,390 | ▲ 7% |
| Cash | € 17,923 | € 2,166 | € 15,069 | € 3,608 | ▼ 76% |
| Retained profit | € -294,501 | € -304,895 | € -314,226 | € -341,095 | ▼ € 26,869 |
| Balance sheet total | € 27,939 | € 7,568 | € 18,733 | € 11,295 | ▼ 40% |
Key figures of ESMERALDA, 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 ESMERALDA?
What happened at ESMERALDA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VGV INVEST BV stepped down as director. NBB
- HIVA INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 26,869. Source: NBB ↗
- VGV INVEST BV became a director. NBB
- HIVA INVEST BV became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,940 loss in 2022 to € 26,869 loss in 2025.
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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
The stake of VASO Constructions, HPLUS VASTGOED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ESMERALDAThe shares are held by VASO Constructions (50%) and HPLUS VASTGOED (50%).
Directors
According to the 2025 annual accounts
Director · represented by Stefan Vangronsveld
Also active at: VESPRO GRONDMAATSCHAPPIJ, VESPRO CONSTRUCT, LEOPOLD, IMMO ALDEN BIESEN, STALPO, GROENPLEIN CONSTRUCT, BELISIA, HERCKENRODE CONSTRUCT +20 more
since 2022 · until 2028
Director · represented by Hilde Vangronsveld
Also active at: HIVA REAL ESTATE, DIVARO, I-INVEST, VANHIL INVEST, VLASGAARD, VANHIL CONSTRUCT, HPLUS VASTGOED, J.H.J.-INVEST +1 more
since 2022 · until 2028
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kolonel Dusartplein 20
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 56 companies are registered at this address.
All companies at this address →VESPRO GRONDMAATSCHAPPIJ same network
€ -934 gross margin · 2025
VESPRO CONSTRUCT same network
€ 14,331 gross margin · 2025
LEOPOLD same network
€ 1,031 gross margin · 2025
VSP Lanaken
€ 1,635 gross margin · 2025
IMMO ALDEN BIESEN same network
€ 491,706 revenue · 2025
+51 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
- 0651.659.262
- VAT number
- BE 0651.659.262
- Registered office
- Kolonel Dusartplein 20, 3500 Hasselt
- Names & denominations
- ESMERALDA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2016
- Peppol
- Active · Active since 6 Sept 2024
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis