ACTIVE

ESCO DRIVES

Financial year 2025 · closed on 31/12/2025
Net result
175,7 k €
+136.0% YoY
Revenue
2,1 M €
+7.9% YoY
Equity
-477,7 k €
+26.9% YoY
Workforce
3,0 ETP
-25.0% YoY

What does ESCO DRIVES do?

ESCO DRIVES is a Private limited company incorporated in 2004. Its main activity is: Manufacture of bearings, gears, gearing and driving elements. Its registered office is in Tubize. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.497.301
Incorporation
10/12/2004
Legal form
Private limited company
Registered office
Avenue Ernest Solvay 48
1480 Tubize · WallonieSee on map
Contributed capital
529 600,00 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableGood liquidityHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue2,1 M €1,9 M €3,1 M €4,3 M €3,7 M €3,9 M €4,3 M €5 M €5 M €4,6 M €5,2 M €5,3 M €5,7 M €6,1 M €4,2 M €5 M €4,6 M €6,6 M €6,6 M €
EBITDA-32 k €-252,1 k €-315,1 k €78,3 k €-197,6 k €-57,2 k €19,3 k €-23,1 k €113,2 k €-313,9 k €83,1 k €-46,4 k €130,6 k €358 k €-42,8 k €84,6 k €-62,5 k €514,5 k €372,3 k €
Operating result239,6 k €-415,2 k €-528 k €29,8 k €-244,7 k €-136,5 k €37,9 k €300,5 k €237 k €-387,5 k €52,8 k €-197,1 k €58,8 k €-152,9 k €-14,6 k €142,7 k €109,4 k €273 k €252,4 k €
Net result175,7 k €-487,8 k €-595,8 k €9,1 k €-248 k €-145,6 k €20,3 k €298 k €222,2 k €-401,1 k €33,2 k €-218,7 k €22,2 k €-237,6 k €-34 k €75,5 k €37,4 k €139,8 k €136,9 k €
Balance sheet
Equity-477,7 k €-653,4 k €-165,6 k €430,3 k €421,1 k €669,1 k €814,7 k €944,4 k €646,4 k €424,2 k €825,3 k €792,1 k €1 M €988,6 k €1,2 M €1,3 M €1,2 M €1,1 M €1 M €
Total assets1 M €1,3 M €1,6 M €3 M €2,3 M €1,6 M €2 M €2,1 M €2,4 M €2,2 M €2,6 M €2,7 M €3,2 M €3,6 M €2,9 M €3,1 M €2,9 M €3,7 M €3,6 M €
Cash41,5 k €66,3 k €92,8 k €87 k €81,8 k €62,4 k €109,6 k €115,6 k €57 k €67,5 k €195,5 k €200,9 k €196,3 k €218,7 k €111,6 k €229,3 k €573,9 k €246,5 k €229,4 k €
Debts1,4 M €1,8 M €1,7 M €2,5 M €1,9 M €974,5 k €1,2 M €1,1 M €1,5 M €1,6 M €1,8 M €1,9 M €2,2 M €2,6 M €1,7 M €1,7 M €1,6 M €2,6 M €2,6 M €
Other
Workforce3,0 ETP4,0 ETP6,2 ETP7,5 ETP7,2 ETP8,9 ETP9,8 ETP8,5 ETP11,8 ETP13,4 ETP15,2 ETP17,7 ETP18,2 ETP19,8 ETP13,1 ETP13,4 ETP14,6 ETP17,5 ETP17,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 21 ended

Active mandates

Octille

Director · since 14 avril 2025 · 0804.387.148

Represented by Laurent Schmidt

Active
DANNY VERMEYLEN

Managing director · since 27 juin 2024 · until 20 avril 2027

Active
LAURENT SCHMIDT

Director · since 18 décembre 2020 · until 14 avril 2025

Active
THIERRY SCHMIDT

Director · since 18 décembre 2020

Active

Ended mandates

LAURENT SCHMIDT

Director · since 18 décembre 2020

Ended
KOEN D'HAESE

Director · since 14 juin 2019 · until 03 mai 2022

Ended
PHILIPPE DE TERWANGNE

Director · since 02 mai 2018 · until 18 décembre 2020

Ended
PHILIPPE DE TERWANGNE

Director · since 02 mai 2018 · until 04 mai 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
ENGIMESActive
0833.548.516
ESCO COUPLINGSActive
0456.641.653
ESCO POWERActive
0870.494.232
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202615/04/202526/07/202405/06/202322/11/202206/08/2021
General meeting14/04/202614/04/202527/06/202426/05/202315/10/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/04/202615/06/2026FrenchPDF
Full model31/12/202414/04/202515/04/2025FrenchPDF
Full model31/12/202327/06/202426/07/2024FrenchPDF
Full model31/12/202226/05/202305/06/2023FrenchPDF
Full model31/12/202115/10/202222/11/2022FrenchPDF
Full model31/12/202030/06/202106/08/2021FrenchPDF
Full model31/12/201905/05/202002/06/2020DutchPDF
Full model31/12/201814/06/201911/07/2019DutchPDF
Full model31/12/201719/06/201810/07/2018DutchPDF
Full model31/12/201602/05/201728/06/2017DutchPDF
Full model31/12/201502/05/201630/05/2016DutchPDF
Full model31/12/201405/05/201513/05/2015DutchPDF
Full model31/12/201306/05/201423/05/2014DutchPDF
Full model31/12/201207/05/201315/05/2013DutchPDF
Full model31/12/201117/04/201227/04/2012DutchPDF
Full model31/12/201003/05/201116/05/2011DutchPDF
Full model31/12/200904/05/201017/05/2010DutchPDF
Full model31/12/200805/05/200915/05/2009DutchPDF
Full model31/12/200706/05/200829/05/2008DutchPDF
Full model31/12/200608/05/200731/05/2007DutchPDF
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 31/12/2025 · 4 active · 21 ended

Active mandates

Octille

Director · since 14 avril 2025 · 0804.387.148

Represented by Laurent Schmidt

Active
DANNY VERMEYLEN

Managing director · since 27 juin 2024 · until 20 avril 2027

Active
LAURENT SCHMIDT

Director · since 18 décembre 2020 · until 14 avril 2025

Active
THIERRY SCHMIDT

Director · since 18 décembre 2020

Active

Ended mandates

LAURENT SCHMIDT

Director · since 18 décembre 2020

Ended
KOEN D'HAESE

Director · since 14 juin 2019 · until 03 mai 2022

Ended
PHILIPPE DE TERWANGNE

Director · since 02 mai 2018 · until 18 décembre 2020

Ended
PHILIPPE DE TERWANGNE

Director · since 02 mai 2018 · until 04 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/02/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - WIJZIGING RECHTSVORM
    PDF
  • Mandates23/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025175,7 k €
  2. 2024
    Annual accounts 2024-487,8 k €
  3. 2023
    Annual accounts 2023-595,8 k €
  4. 2022
    Annual accounts 20229,1 k €
  5. 2021
    Annual accounts 2021-248 k €
  6. 2020
    Annual accounts 2020-145,6 k €
  7. 2019
    Annual accounts 201920,3 k €
  8. 2018
    Annual accounts 2018298 k €
  9. 2017
    Annual accounts 2017222,2 k €
  10. 2016
    Annual accounts 2016-401,1 k €
  11. 2015
    Annual accounts 201533,2 k €
  12. 2014
    Annual accounts 2014-218,7 k €
  13. 2013
    Annual accounts 201322,2 k €
  14. 2012
    Annual accounts 2012-237,6 k €
  15. 2012
    Name changeESCO DRIVES
  16. 2011
    Annual accounts 2011-34 k €
  17. 2010
    Annual accounts 201075,5 k €
  18. 2009
    Annual accounts 200937,4 k €
  19. 2008
    Annual accounts 2008139,8 k €
  20. 2007
    Annual accounts 2007136,9 k €
  21. 2007
    Name changeESCO TRANSMISSIONS
  22. 10/12/2004
    IncorporationPrivate limited company