ACTIVE

ESSALAMA

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Financial year 2025 · closed on 31/12/2025

Net result

45,2 k €

-8.1% YoY

Gross margin

295,1 k €

+8.0% YoY

Equity

331,4 k €

+15.8% YoY

Workforce

199 977,4 ETP

What does ESSALAMA do?

ESSALAMA is a Private limited company incorporated in 2005. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Molenbeek-Saint-Jean. It employs on average 199 977,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.607.140

Incorporation

02/05/2005

Legal form

Private limited company

Registered office

Chaussée de Gand 7
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

600,00 €

Latest accounts

31/12/2025

Average workforce

199 977,4 ETP

Activities (NACE)

47716Retail sale of clothing in specialised stores· main 47716Retail sale of clothing in specialised stores 47721Retail sale of footwear and leather goods in specialised stores 47721Retail sale of footwear and leather goods in specialised stores 52112Warehousing and storage 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	295,1 k €	+8.0%	273,1 k €	+36.7%	199,9 k €	+30.8%	152,8 k €	+24.8%	122,4 k €	+24.9%	98 k €	+41.3%	69,4 k €	+9.8%	63,2 k €	-17.5%	76,6 k €	-32.4%	113,4 k €	+55.0%	73,1 k €	+7.5%	68 k €	-6.9%	73,1 k €	-39.1%	120 k €	+50.2%	79,9 k €	+230%	24,2 k €	+61.5%	15 k €	+58.6%	9,4 k €	+180%	3,4 k €
EBITDA	80,5 k €	+12.9%	71,3 k €	+76.6%	40,4 k €	+5.4%	38,3 k €	+16.0%	33 k €	-35.8%	51,4 k €	+219%	16,1 k €	-49.3%	31,8 k €	+154%	12,5 k €	-79.1%	59,9 k €	+198%	20,1 k €	+64.9%	12,2 k €	-46.4%	22,7 k €	-46.9%	42,8 k €	+45.3%	29,5 k €	+464%	5,2 k €	+22.5%	4,3 k €	+9.5%	3,9 k €	+50.9%	2,6 k €
Operating result	67 k €	+11.5%	60,1 k €	+67.2%	36 k €	-0.9%	36,3 k €	+30.7%	27,8 k €	-40.5%	46,7 k €	+273%	12,5 k €	-52.7%	26,5 k €	+359%	5,8 k €	-88.5%	50,3 k €	+464%	8,9 k €	+1105%	739,5 €	-94.2%	12,7 k €	-63.8%	35 k €	+46.2%	24 k €	+1643%	1,4 k €	+175%	501,1 €	-65.4%	1,4 k €	+220%	452,7 €
Net result	45,2 k €	-8.1%	49,2 k €	+55.6%	31,6 k €	-31.7%	46,2 k €	+160%	17,8 k €	-55.4%	39,9 k €	+170%	14,7 k €	+5.3%	14 k €	+219%	-11,8 k €	-127%	43,8 k €	+284%	11,4 k €	+191%	-12,6 k €	-2015%	658,4 €	-97.2%	23,4 k €	-0.9%	23,7 k €	+1345%	1,6 k €	+3920%	40,7 €	-97.0%	1,4 k €	+468%	241,3 €
Balance sheet
Equity	331,4 k €	+15.8%	286,2 k €	+12.2%	255 k €	+14.1%	223,4 k €	+26.1%	177,2 k €	+11.2%	159,4 k €	+33.4%	119,5 k €	+14.1%	104,8 k €	+15.4%	90,8 k €	-11.5%	102,6 k €	+74.6%	58,7 k €	+24.1%	47,3 k €	-21.0%	59,9 k €	+1.1%	59,3 k €	+65.4%	35,8 k €	+194%	12,2 k €	+15.5%	10,5 k €	+0.4%	10,5 k €	+15.0%	9,1 k €
Total assets	510,2 k €	+29.2%	394,9 k €	+10.6%	357,2 k €	+27.3%	280,5 k €	+24.4%	225,4 k €	+5.2%	214,3 k €	+35.2%	158,5 k €	+18.0%	134,3 k €	-18.4%	164,6 k €	-1.3%	166,9 k €	+15.3%	144,7 k €	+12.4%	128,7 k €	-21.3%	163,6 k €	+26.7%	129,2 k €	+19.8%	107,8 k €	+16.3%	92,6 k €	+130%	40,3 k €	+55.8%	25,9 k €	+10.5%	23,4 k €
Cash	219,3 k €	+176%	79,5 k €	-48.3%	153,9 k €	+154%	60,6 k €	+91.3%	31,7 k €	+0.7%	31,4 k €	+8.6%	28,9 k €	+29.4%	22,4 k €	-44.3%	40,2 k €	-32.7%	59,7 k €	+30.2%	45,8 k €	+136%	19,4 k €	-60.4%	49 k €	+51.8%	32,3 k €	+72.5%	18,7 k €	+46.6%	12,8 k €	+1714%	704,5 €	-22.1%	904,5 €	+35.5%	667,6 €
Debts	178,7 k €	+64.5%	108,6 k €	+6.4%	102,1 k €	+79.0%	57,1 k €	+18.3%	48,2 k €	-12.2%	54,9 k €	+41.0%	38,9 k €	+32.0%	29,5 k €	-60.0%	73,8 k €	+14.9%	64,3 k €	-25.2%	86 k €	+5.6%	81,4 k €	-21.5%	103,7 k €	+56.0%	66,5 k €	-7.6%	72 k €	-10.6%	80,5 k €	+170%	29,8 k €	+93.6%	15,4 k €	+7.6%	14,3 k €
Other
Workforce	199 977,4 ETP		–		–		–		–		–		–		–		2,7 ETP		–		2,8 ETP	+33.3%	2,1 ETP		–		3,8 ETP	+35.7%	2,8 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 1 ended

Active mandates

BILAL IZMAR

Mandate

Active

JAMAL IZMAR

Mandate

Active

M'HAND IZMAR

Mandate

Active

Ended mandates

M'Hamed Izmar ,

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
IZINVEST● Active	1027.623.245
IZTEX● Active	0762.540.457
STYL-ISM● Active	0628.779.437

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	28/08/2025	23/08/2024	31/08/2023	22/08/2022	29/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	17/12/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	23/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	31/08/2023	French	PDF
Micro model	31/12/2021	30/06/2022	22/08/2022	French	PDF
Micro model	31/12/2020	17/12/2021	29/12/2021	French	PDF
Micro model	31/12/2019	30/06/2020	15/03/2021	French	PDF
Micro model	31/12/2018	03/06/2019	25/02/2020	French	PDF
Abridged model	31/12/2017	01/06/2018	08/08/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	03/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	06/05/2013	13/09/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	14/08/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	23/08/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2023 · 3 active · 1 ended

Active mandates

BILAL IZMAR

Mandate

Active

JAMAL IZMAR

Mandate

Active

M'HAND IZMAR

Mandate

Active

Ended mandates

M'Hamed Izmar ,

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2007
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other11/05/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 202545,2 k €↓
2024
Annual accounts 202449,2 k €↑
2023
Annual accounts 202331,6 k €↓
2022
Annual accounts 202246,2 k €↑
2021
Annual accounts 202117,8 k €↓
2020
Annual accounts 202039,9 k €↑
2019
Annual accounts 201914,7 k €↑
2018
Annual accounts 201814 k €↑
2017
Annual accounts 2017-11,8 k €↓
2016
Annual accounts 201643,8 k €↑
2015
Annual accounts 201511,4 k €↑
2014
Annual accounts 2014-12,6 k €↓
2013
Annual accounts 2013658,4 €↓
2012
Annual accounts 201223,4 k €↓
2011
Annual accounts 201123,7 k €↑
2010
Annual accounts 20101,6 k €↑
2009
Annual accounts 200940,7 €↓
2008
Annual accounts 20081,4 k €↑
2007
Annual accounts 2007241,3 €
02/05/2005
IncorporationPrivate limited company

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

ESSALAMA

Overview

What does ESSALAMA do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline