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 2 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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPOO from Antwerpen, company number BE0871262908, closed financial year 2025 with a result of € -121,772 after tax. For that financial year ESPOO recorded a gross margin of € 40,549 and equity of € -148,289. Compared with financial year 2024, the result moved from € -65,510 to € -121,772. 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 September 30, 2026.
€ -148,289
▼ € 121,772 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -121,772
▼ 86 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,089
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -206,889.
People and assets in 2025
2
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 124,525
▲ 26% vs 2024
€ 62,300 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.
€ 4,101
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,849
▼ 26% vs 2024
€ 8,565 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 289,079
▲ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,022
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,479 | € 3,521 | € 63,616 | € 40,549 | ▼ 36% |
| Profit after taxes | € 1,335 | € -125,704 | € -65,510 | € -121,772 | ▼ € 56,262 |
| Equity | € 164,697 | € 38,993 | € -26,517 | € -148,289 | ▼ € 121,772 |
| Total debts | € 241,423 | € 288,813 | € 403,571 | € 547,692 | ▲ 36% |
| Cash | € 17,884 | € 15,931 | € 42,834 | € 17,089 | ▼ 60% |
| Retained profit | € 106,097 | € -19,607 | € -85,117 | € -206,889 | ▼ € 121,772 |
| Bank debt | € 47,041 | € 45,026 | € 30,917 | € 22,849 | ▼ 26% |
| Balance sheet total | € 406,120 | € 327,806 | € 377,054 | € 399,403 | ▲ 6% |
| Employees (FTE) | 2.5 | 2.2 | 1.8 | 2 | ▲ 0.2 |
Key figures of ESPOO, 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 ESPOO?
What happened at ESPOO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 121,772. filed late Source: NBB ↗
- Goedele Vermeeren became a director. NBB
- Filip Vermissen became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,335 profit in 2022 to € 121,772 loss in 2025.
Paid € 541 in corporate taxes since 2022.
Best year ever: 2022, with € 1,335 profit.
On average € 20,300 of value added per employee in 2025.
Management
The stake of MASTER PRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ESPOOBehind ESPOO are Goedele Vermeeren and Filip Vermissen. The shares are held by MASTER PRO (100%).
Directors
According to the 2025 annual accounts
since 2023
Filip Vermissen
Director
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kloosterstraat 75 - 77
2000 Antwerpen
Kloosterstraat 75-77
2000 Antwerpen
Active since 21 September 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0871.262.908
- VAT number
- BE 0871.262.908
- Registered office
- Kloosterstraat 75 - 77, 2000 Antwerpen
- Names & denominations
- ESPOO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2005
- Peppol
- Active · Active since 23 Jul 2025
- Contact
- espoo.be
- Activities · NACE
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