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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Essaho from Aalter, company number BE0792168811, closed financial year 2025 with a result of € 5.3 million after tax. For that financial year Essaho recorded revenue of € 1.2 million and equity of € 15 million. Compared with financial year 2024, the result moved from € 716,525 to € 5.3 million. Profitable, and profit is growing. 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 July 8, 2026.
€ 15 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.3 million
▲ € 4.6 million vs 2024
Profit after tax over the fiscal year.
€ 78,980
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 701,371 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 15.2 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 55,139
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 17,045
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 873,981 | € 1,109,286 | € 1,248,824 | ▲ 13% |
| Profit after taxes | € 1,071,141 | € 716,525 | € 5,297,307 | ▲ € 4.6 million |
| Equity | € 15,321,141 | € 16,037,665 | € 15,042,773 | ▼ 6% |
| Total debts | € 15,940,320 | € 15,462,125 | € 15,540,900 | ▲ 1% |
| Cash | € 307,388 | € 420,806 | € 78,980 | ▼ 81% |
| Retained profit | € 1,071,141 | € 1,787,665 | € 6,383,602 | ▲ 257% |
| Dividend | € 0 | € 0 | € 701,371 | |
| Bank debt | € 15,750,000 | € 15,000,000 | € 15,240,000 | ▲ 2% |
| Balance sheet total | € 31,261,461 | € 31,499,791 | € 30,583,673 | ▼ 3% |
Key figures of Essaho, fiscal years 2023 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 Essaho?
What happened at Essaho in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.3 million (▲ € 4.6 million vs 2024). Source: NBB ↗
- BGCOS BV became a director. NBB
- BMACON BV became a director. NBB
- Dianne Sintobin stepped down as director. NBB
- Stefaan Vanquaethem stepped down as director. NBB
- SL-INVEST CommV stepped down as director. NBB
- MINDSHIFT BV stepped down as director. NBB
- Walter Beyen stepped down as director. NBB
In short
From € 1.1 million profit in 2023 to € 5.3 million profit in 2025.
Best year ever: 2025, with € 5.3 million profit.
Paid out € 701,371 in dividends to the owners in total.
Pays suppliers within 18 days on average.
Management
The stake of Vectis Private Equity IV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EssahoBehind Essaho are BGCOS BV and BMACON BV. The shares are held by Vectis Private Equity IV (39.6%). It owns 100% of Etablissements Sintobin frères itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc Bresseleers
Also active at: Etablissements Sintobin frères, Produkten BIELEN, SALUBRIS, DALIA PRODUCTS, DEKUYPER PRODUCTS, SEIFAR, ALL 4 UP, PROEQUIP +2 more
since 2025
Director · represented by Konstantijn Wildiers
Also active at: Etablissements Sintobin frères, Produkten BIELEN, SALUBRIS, DALIA PRODUCTS, DEKUYPER PRODUCTS, SEIFAR, Bieba Consult
since 2025
Dianne Sintobin
Director
since 2022 · until 2025
Stefaan Vanquaethem
Director
Also active at: CONXION, COVANCO, Vectis Partners, The Searchers, VECTIS PRIVATE EQUITY III ARKIV, VD Pro Hold, SalixCo, VECTIS BEHEER +3 more
since 2022 · until 2025
Director · represented by Laurent Sintobin
Also active at: Etablissements Sintobin frères, SALUBRIS, DALIA PRODUCTS
since 2022 · until 2025
since 2022 · until 2025
Walter Beyen
Director
Also active at: WICON, BENECHEM, Vectis Partners, VECTIS PRIVATE EQUITY III ARKIV, PROVEC, Vectis Private Equity IV, VECTIS PARTICIPATIES II, VECTIS ARKIV +6 more
since 2022 · until 2025
Shareholders
39.6%
Participations
Establishments
Establishment units
Physical locations of this company
Léon Bekaertlaan 32
9880 Aalter
Stratem 11 box 2
9880 Aalter
Active since 7 October 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0792.168.811
- VAT number
- BE 0792.168.811
- Registered office
- Léon Bekaertlaan 32, 9880 Aalter
- Names & denominations
- Essaho
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2022
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg