NORMAL SITUATION

ESHER

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Financial year 2024 · closed on 31/12/2024

Net result

172,8 k €

+75.1% YoY

Gross margin

1,2 M €

-5.5% YoY

Equity

671 k €

+16.1% YoY

Workforce

11,7 ETP

-22.0% YoY

Company — Normal situation.

What does ESHER do?

ESHER is a company registered in Belgium. It employs on average 11,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.165.115

Legal form

Private limited company

Contributed capital

26 100,00 €

Latest accounts

31/12/2024

Average workforce

11,7 ETP

Joint committees (3)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	-5.5%	1,3 M €	+14.1%	1,1 M €	-11.0%	1,3 M €	-25.8%	1,7 M €	+52.8%	1,1 M €	-32.0%	1,6 M €	+6.0%	1,5 M €	-1.9%	1,6 M €	+5.5%	1,5 M €	+20.7%	1,2 M €	+20.9%	1 M €	-6.1%	1,1 M €	+4.6%	1 M €	+22.7%	845,7 k €	+6.2%	796 k €	+11.7%	712,5 k €
EBITDA	259,1 k €	+35.8%	190,8 k €	+16.6%	163,6 k €	+43.5%	114 k €	-71.8%	403,6 k €	+332%	-173,8 k €	-253%	113,7 k €	-12.4%	129,8 k €	+9.7%	118,3 k €	+296%	29,9 k €	+162%	-47,8 k €	-136%	133,6 k €	-38.9%	218,7 k €	+57.0%	139,3 k €	+538%	-31,8 k €	-149%	65,2 k €	+424%	-20,1 k €
Operating result	220,3 k €	+41.5%	155,7 k €	+6.7%	145,9 k €	+233%	43,8 k €	-87.6%	352,8 k €	+205%	-336,5 k €	-1223%	30 k €	-35.0%	46,1 k €	+71.9%	26,8 k €	+151%	-52,8 k €	+59.5%	-130,3 k €	-267%	78 k €	-53.2%	166,5 k €	+158%	64,4 k €	+163%	-102,3 k €	-6962%	1,5 k €	+103%	-57,1 k €
Net result	172,8 k €	+75.1%	98,7 k €	-4.3%	103,1 k €	+219%	32,4 k €	-90.3%	334,8 k €	+195%	-353,6 k €	-2634%	14 k €	-31.1%	20,2 k €	+40.5%	14,4 k €	+121%	-68,1 k €	+47.4%	-129,4 k €	-306%	62,7 k €	-57.0%	145,7 k €	+190%	50,3 k €	+143%	-115,8 k €	-7678%	1,5 k €	+103%	-53,2 k €
Balance sheet
Equity	671 k €	+16.1%	578,2 k €	+20.6%	479,5 k €	+152%	190,3 k €	+20.5%	157,9 k €	+189%	-176,8 k €	-174%	239,8 k €	+6.2%	225,8 k €	+9.8%	205,6 k €	+9.3%	188,1 k €	-26.6%	256,2 k €	-33.6%	385,6 k €	+19.4%	322,9 k €	+82.2%	177,2 k €	+39.6%	126,9 k €	-47.7%	242,7 k €	+0.6%	241,2 k €
Total assets	999 k €	-6.2%	1,1 M €	+17.2%	908,6 k €	+18.3%	768,1 k €	-13.9%	892,1 k €	-2.9%	918,5 k €	-26.8%	1,3 M €	+5.3%	1,2 M €	+4.3%	1,1 M €	+9.4%	1 M €	-4.6%	1,1 M €	-8.5%	1,2 M €	+39.4%	857,4 k €	+4.4%	821,4 k €	-3.1%	847,7 k €	+2.2%	829,3 k €	+14.7%	723 k €
Cash	331,9 k €	+0.1%	331,6 k €	-5.3%	350,2 k €	+46.4%	239,3 k €	+23.4%	193,9 k €	+24.3%	156 k €	-1.7%	158,7 k €	+460%	28,3 k €	-37.2%	45,1 k €	-17.6%	54,7 k €	+184%	19,3 k €	-80.5%	98,9 k €	+98.8%	49,8 k €	+17.0%	42,5 k €	+8251%	509,4 €	-84.5%	3,3 k €	-71.7%	11,6 k €
Debts	324,7 k €	-32.9%	484,2 k €	+12.8%	429,1 k €	-25.7%	577,8 k €	-21.3%	734,2 k €	-33.0%	1,1 M €	+7.9%	1 M €	+5.2%	965,1 k €	+3.1%	936,2 k €	+9.5%	855,2 k €	+2.3%	836,2 k €	+3.3%	809,5 k €	+52.3%	531,5 k €	-17.0%	640,6 k €	-10.6%	716,6 k €	+23.0%	582,6 k €	+21.8%	478,5 k €
Other
Workforce	11,7 ETP	-22.0%	15,0 ETP	-3.2%	15,5 ETP	-25.1%	20,7 ETP	-11.5%	23,4 ETP	0.0%	23,4 ETP	-15.2%	27,6 ETP	+5.3%	26,2 ETP	-2.6%	26,9 ETP	0.0%	26,9 ETP	+11.6%	24,1 ETP	+33.9%	18,0 ETP	+2.9%	17,5 ETP	-15.0%	20,6 ETP	+2.5%	20,1 ETP	+16.9%	17,2 ETP	-2.3%	17,6 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 9 ended

Active mandates

DKr8

Director · since 11 mars 2022 · until 16 juin 2025 · 0515.948.641

Represented by Wim DEKEYSER

Active

Katelyne Allaert

Director · since 11 mars 2022 · until 16 juin 2025

Active

Ended mandates

DKr8

Director · since 11 mars 2022 · 0515.948.641

Represented by Wim DEKEYSER

Ended

Katelyne Allaert

Director · since 11 mars 2022

Ended

Herman De Bruyne

Director · until 11 mars 2022

Ended

Herman De Bruyne

Director

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/06/2025	17/06/2024	30/05/2023	10/03/2022	01/06/2021	02/07/2020
General meeting	16/06/2025	12/06/2024	25/05/2023	23/02/2022	28/05/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

34 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	16/06/2025	26/06/2025	Dutch	PDF
Abridged model	31/12/2023	12/06/2024	17/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	23/02/2022	10/03/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	01/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	02/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/04/2019	08/04/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	07/04/2017	13/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	06/03/2015	20/05/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/04/2013	19/05/2013	Dutch	PDF
Abridged model	31/12/2011	06/04/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	23/08/2007	Dutch	PDF
Abridged model	31/12/2005	29/06/2006	07/08/2006	Dutch	PDF
Abridged model	31/12/2004	01/04/2005	02/05/2005	Dutch	PDF
Abridged model	31/12/2003	23/04/2004	19/05/2004	Dutch	PDF
Abridged model	31/12/2002	12/06/2003	16/07/2003	Dutch	PDF
Abridged model	31/12/2001	06/06/2002	08/07/2002	Dutch	PDF

View all 34 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 9 ended

Active mandates

DKr8

Director · since 11 mars 2022 · until 16 juin 2025 · 0515.948.641

Represented by Wim DEKEYSER

Active

Katelyne Allaert

Director · since 11 mars 2022 · until 16 juin 2025

Active

Ended mandates

DKr8

Director · since 11 mars 2022 · 0515.948.641

Represented by Wim DEKEYSER

Ended

Katelyne Allaert

Director · since 11 mars 2022

Ended

Herman De Bruyne

Director · until 11 mars 2022

Ended

Herman De Bruyne

Director

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024172,8 k €↑
2023
Annual accounts 202398,7 k €↓
2022
Annual accounts 2022103,1 k €↑
2019
Annual accounts 201932,4 k €↓
2018
Annual accounts 2018334,8 k €↑
2017
Annual accounts 2017-353,6 k €↓
2016
Annual accounts 201614 k €↓
2015
Annual accounts 201520,2 k €↑
2014
Annual accounts 201414,4 k €↑
2013
Annual accounts 2013-68,1 k €↑
2012
Annual accounts 2012-129,4 k €↓
2011
Annual accounts 201162,7 k €↓
2010
Annual accounts 2010145,7 k €↑
2009
Annual accounts 200950,3 k €↑
2008
Annual accounts 2008-115,8 k €↓
2007
Annual accounts 20071,5 k €↑
2006
Annual accounts 2006-53,2 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ESHER

Overview

What does ESHER do?

Trend over 17 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline