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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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESKO from Gent, company number BE0885952864, closed financial year 2025 with a result of € 4.3 million after tax. Compared with financial year 2024, the result moved from € -11,769 to € 4.3 million. Profitable, and profit is growing. The buffer shrank hard: equity is 54 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 36.5 million
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.3 million
▲ still € 11,769 loss in 2024
Profit after tax over the fiscal year.
€ 425,221
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 46.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,538
▲ 135% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 138 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 58,967,533 | € 59,981,530 | € -11,769 | € 4,303,891 | ▲ € 4.3 million |
| Equity | € 79,094,068 | € 79,075,599 | € 79,063,829 | € 36,533,638 | ▼ 54% |
| Total debts | € 53,518 | € 4,880 | € 2,786 | € 42,520,388 | ▲ € 42.5 million |
| Cash | € 518,780 | € 401,674 | € 387,811 | € 425,221 | ▲ 10% |
| Retained profit | € 45,286,779 | € 45,268,310 | € 45,256,540 | € 2,726,349 | ▼ 94% |
| Dividend | € 60,000,000 | € 60,000,000 | € 0 | € 46,834,082 | |
| Balance sheet total | € 79,147,586 | € 79,080,479 | € 79,066,616 | € 79,054,026 |
Key figures of ESKO, 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 ESKO?
What happened at ESKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.3 million. Source: NBB ↗
- Gina Miller became a director. NBB
- Aleksander Wowro stepped down as director. NBB
- Aleksander Wowro became a director. NBB
- Marijn Van Overschelde became a director. NBB
- Stefaan Deveen became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 59 million profit in 2022 to € 4.3 million profit in 2025.
Paid € 313,058 in corporate taxes since 2022.
Best year ever: 2023, with € 60 million profit.
Paid out € 166.8 million in dividends to the owners in total.
Management
Behind ESKO are Marijn Van Overschelde, Stefaan Deveen and Gina Miller. The shares are held by Sarbel Acquisitions ApS (100%). It owns 100% of Esko Iberia S.L., 100% of Esko Graphics Co. Ltd, 100% of Esko-Graphics Pte Ltd, 100% of Esko-Graphics (Shanghai) Trading Company Ltd, 100% of Esko-Graphics Gesmbh and 100% of Esko-Graphics India Private Ltd itself.
Directors
According to the 2025 annual accounts
since 2021
since 2021
since 2025
since 2022 · until 2025
Shareholders
Sarbel Acquisitions ApS
100%
Participations
Esko Iberia S.L.
100%
Esko Graphics Co. Ltd
100%
Esko-Graphics Pte Ltd
100%
Esko-Graphics (Shanghai) Trading Company Ltd
100%
Esko-Graphics Gesmbh
100%
Esko-Graphics India Private Ltd
100%
Esko-Graphics Srl
100%
100%
Esko-Graphics GmbH
100%
Esko-Graphics Danmark A/S
100%
Esko-Graphics sro
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Raymonde de Larochelaan 13
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →ENFOCUS same network
€ 15.8 million revenue · 2025
ESKO - GRAPHICS same network
€ 167.2 million revenue · 2025
Fiberklaar Midco
Fiberklaar
€ 18.1 million revenue · 2025
ESKO FINANCE same network
+3 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
- 0885.952.864
- VAT number
- BE 0885.952.864
- Registered office
- Raymonde de Larochelaan 13, 9051 Gent
- Names & denominations
- ESKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2006
- Peppol
- Active · Active since 1 Sept 2026