Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 2.1 million
▲ 8% vs 2024
Profit
Growing€ 175,658
▲ 136% vs 2024
Debts
High€ 1.5 million
▼ 22% vs 2024
ESCO DRIVES from Tubize, company number BE0870497301, closed financial year 2025 with a result of € 175,658 after tax. For that financial year ESCO DRIVES recorded revenue of € 2.1 million and equity of € -477,702. Compared with financial year 2024, the result moved from € -487,806 to € 175,658. Profitable, and profit is growing. 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.
What happened at ESCO DRIVES?
What happened at ESCO DRIVES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DANNY VERMEYLEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 175,658. Source: NBB ↗
- Octille SRL became a director. NBB
- LAURENT SCHMIDT stepped down as director. NBB
- DANNY VERMEYLEN became a director. NBB
- THIERRY SCHMIDT became a director. NBB
- LAURENT SCHMIDT became a director. NBB
- New establishment in Tubize. KBO
In short
From € 247,964 loss in 2021 to € 175,658 profit in 2025.
Paid € 13,948 in corporate taxes since 2021.
Best year ever: 2025, with € 175,658 profit.
Pays suppliers within 27 days on average.
A new publication or filing at ESCO DRIVES? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind ESCO DRIVES are Octille SRL and THIERRY SCHMIDT. The shares are held by EFECO S.A. (99.8%).
Directors
According to the 2025 annual accounts
Director · represented by Laurent Schmidt
Also active at: ESCO COUPLINGS, ESCO FINANCIAL AND ENGINEERING COMPANY, ESCO POWER
since 2025
THIERRY SCHMIDT
Director
Also active at: ESCO COUPLINGS, ESCO FINANCIAL AND ENGINEERING COMPANY, ESCO POWER
since 2020
since 2020 · until 2025
since 2024 · until 2027
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Ernest Solvay 48
1480 Tubize
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
Details
- Company number
- 0870.497.301
- VAT number
- BE 0870.497.301
- Registered office
- Avenue Ernest Solvay 48, 1480 Tubize
- Names & denominations
- ESCO DRIVES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2004
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
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