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 1 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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESCO POWER from Tubize, company number BE0870494232, closed financial year 2025 with a result of € -55,710 after tax. For that financial year ESCO POWER recorded revenue of € 2.3 million and equity of € -44,633. Compared with financial year 2024, the result moved from € -780,215 to € -55,710. 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.
€ -44,633
▼ € 55,710 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -55,710
▲ 93 % less loss than in 2024
Profit after tax over the fiscal year.
€ 264,417
▲ 164% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -623,633.
People and assets in 2025
7.5
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 737,254
€ 98,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 56,867
▲ 33% vs 2024
Of which on lease € 56,867.
Debts at end 2025
€ 1.2 million
▼ 28% vs 2024
€ 21,956 is repaid this year. At this pace the long-term loan is gone in ≈ 55 years.
€ 333,529
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 122,823
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,616,594 | € 4,066,971 | € 1,646,705 | € 2,268,930 | ▲ 38% |
| Profit after taxes | € 416,935 | € 97,150 | € -780,215 | € -55,710 | ▲ € 724,505 |
| Equity | € 694,141 | € 791,292 | € 11,077 | € -44,633 | ▼ € 55,710 |
| Total debts | € 2,273,219 | € 1,382,595 | € 2,297,119 | € 2,190,354 | ▼ 5% |
| Cash | € 34,650 | € 134,021 | € 100,024 | € 264,417 | ▲ 164% |
| Retained profit | € 115,141 | € 212,292 | € -567,923 | € -623,633 | ▼ € 55,710 |
| Bank debt | € 297,810 | € 381,091 | € 1,678,670 | € 1,216,744 | ▼ 28% |
| Balance sheet total | € 2,967,360 | € 2,173,886 | € 2,308,196 | € 2,145,721 | ▼ 7% |
| Employees (FTE) | 6.4 | 7.8 | 8.9 | 7.5 | ▼ 1.4 |
Key figures of ESCO POWER, 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 ESCO POWER?
What happened at ESCO POWER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 55,710. Source: NBB ↗
- EDDY DE BACKER stepped down as director. NBB
- Octille SRL became a director. NBB
- LAURENT SCHMIDT stepped down as director. NBB
- EDDY DE BACKER became a director. NBB
- THIERRY SCHMIDT became a director. NBB
- LAURENT SCHMIDT became a director. NBB
- New establishment in Tubize. KBO
In short
From € 416,935 profit in 2022 to € 55,710 loss in 2025.
Paid € 182,085 in corporate taxes since 2022.
Best year ever: 2022, with € 416,935 profit.
Pays suppliers within 80 days on average.
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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 ESCO POWER are Octille SRL and THIERRY SCHMIDT. The shares are held by EFECO (99.9%).
Directors
According to the 2025 annual accounts
Director · represented by Laurent Schmidt
Also active at: ESCO COUPLINGS, ESCO FINANCIAL AND ENGINEERING COMPANY, ESCO DRIVES
since 2025
THIERRY SCHMIDT
Director
Also active at: ESCO COUPLINGS, ESCO FINANCIAL AND ENGINEERING COMPANY, ESCO DRIVES
since 2020
since 2020 · until 2025
EDDY DE BACKER
Directeur
since 2024 · until 2026
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Ernest Solvay 48
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0870.494.232
- VAT number
- BE 0870.494.232
- Registered office
- Avenue Ernest Solvay 48, 1480 Tubize
- Names & denominations
- ESCO POWER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2004
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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