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ANGLO-EASTERN (ANTWERP)

Active
Public limited companyfounded 200422 yrs activeSchaliënstraat 3, 2000 Antwerpen, BelgiumKBO/BCE: BE 0866.271.663
Summary

ANGLO-EASTERN (ANTWERP) has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.4m) and a net result of -€214,551. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 228 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability25▲+18
Solvency13▲+5
Growth42▲+2
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.0 against 1.0 in 2023; short-term debt: 97.2% and cash: 91.4% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-11.9%
Return on assets
-1.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€1.4m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-02-2026, 196 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
196 d late
2023
68 d late
2022
on the day
2021
263 d late
2020
186 d late
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 112 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ANGLO-EASTERN (ANTWERP) was incorporated on 9 July 2004.1 Revenue grew from EUR 3.4 million in 2018 to EUR 5.4 million in 2024 and headcount from 41.2 to 47.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€5.4m▲ 16.5%
2023 · €4.6m
EBIT margin
-1.8%▲ 6.8pp
2023 · -8.5%
Net result
-€214,551▲ 53.4%
2023 · -€460,818
Working capital
€45,241
2023 · -€22,317
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€3.6m▲ 4.7%€4.3m▲ 19.7%€4.6m▲ 6.1%€4.6m▲ 0.6%€5.4m▲ 16.5%
Operating result€203,456▼ 71.2%-€42,756-€747,393▼ 1,648%-€392,242▲ 47.5%-€93,959▲ 76.0%
Net result-€26,515-€43,630▼ 64.5%-€760,227▼ 1,642%-€460,818▲ 39.4%-€214,551▲ 53.4%
EBIT margin5.7%▼ 14.9pp-1.0%▼ 6.6pp-16.4%▼ 15.4pp-8.5%▲ 7.8pp-1.8%▲ 6.8pp
Equity€45,647▼ 36.7%€2,017▼ 95.6%-€758,210-€1.2m▼ 60.8%-€1.4m▼ 17.6%
Total assets€4.1m▼ 24.1%€11.1m▲ 174%€9.1m▼ 18.3%€7.1m▼ 21.3%€12.1m▲ 68.8%
Debt€4.0m▼ 23.9%€11.1m▲ 177%€9.8m▼ 11.5%€8.4m▼ 14.9%€13.5m▲ 61.3%
Working capital-€123,385-€103,830▲ 15.8%€636,596-€22,317€45,241
Staff (FTE)46.3▲ 2.0%52.2▲ 12.7%50▼ 4.2%46.4▼ 7.2%47.1▲ 1.5%
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0€250,000Operating result 2020: €203,456€203,456Net result 2020: -€26,515-€26,515Operating result 2021: -€42,756-€42,756Net result 2021: -€43,630-€43,630Operating result 2022: -€747,393-€747,393Net result 2022: -€760,227-€760,227Operating result 2023: -€392,242-€392,242Net result 2023: -€460,818-€460,818Operating result 2024: -€93,959-€93,959Net result 2024: -€214,551-€214,55120202021202220232024-€800,000-€600,000-€400,000-€200,000€0Operating result 2022: -€747,393-€747,000Net result 2022: -€760,227-€760,000Operating result 2023: -€392,242-€392,000Net result 2023: -€460,818-€461,000Operating result 2024: -€93,959-€94,000Net result 2024: -€214,551-€215,000202220232024
The operating result stays negative: a loss of €93,959 in 2024 against €392,242 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12.1m
Fixed assets €297,423 ▼ 12.4%
Current assets €11.8m ▲ 72.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
€34,100▲
2023 · -€267,312
Cash flow
-€86,492▲
2023 · -€335,889
Solvency
-11.9%▲
2023 · -17.1%
Current ratio
1.00▲
2023 · 1.00
Debt to equity
-9.41▼
2023 · -6.86
ROA
-1.8%▲
2023 · -6.4%
Interest coverage
1.13▲
2023 · -7.21
Debt ≤ 1 year
€11.7m▲
2023 · €6.8m
Debt > 1 year
€1.8m▲
2023 · €1.5m
Income taxes
€10,063▲
2023 · €5,169
Staff costs
€5.4m▲
2023 · €4.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.7% went bankrupt
3.9% stopped otherwise
93% still going

A further 1.9% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,242 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet Code20232024
Assets
Total assets20/58€7.1m€12.1m▲
Fixed assets21/28€339,712€297,423▼
Intangible fixed assets21€21,790€6,386▼
Tangible fixed assets22/27€288,285€261,400▼
Plant, machinery and equipment23€158,578€155,431▼
Furniture and vehicles24€129,706€105,968▼
Financial fixed assets28€29,638€29,638=
Other financial fixed assets284/8€29,638€29,638=
Amounts receivable and cash guarantees285/8€29,638€29,638=
Current assets29/58€6.8m€11.8m▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€359,293€592,005▲
Trade receivables40€286,404€311,793▲
Other amounts receivable41€72,889€280,212▲
Cash at bank and in hand54/58€6.3m€11.0m▲
Deferred charges and accrued income490/1€130,452€145,692▲
Equity and liabilities
Total equity and liabilities10/49€7.1m€12.1m▲
Equity10/15-€1.2m-€1.4m▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Profit (loss) carried forward14-€1.3m-€1.5m▼
Amounts payable17/49€8.4m€13.5m▲
Amounts payable after more than one year17€1.5m€1.8m▲
Financial debts170/4€1.5m€1.8m▲
Subordinated loans170€1.5m€0▼
Other loans174-€1.8m
Amounts payable within one year42/48€6.8m€11.7m▲
Trade debts44€127,022€194,041▲
Suppliers440/4€127,022€194,041▲
Taxes, remuneration and social security45€667,061€691,701▲
Taxes450/3€13,876€5,063▼
Remuneration and social security454/9€653,185€686,639▲
Other amounts payable47/48€6.0m€10.8m▲
Income statement Code20232024
Operating income70/76A€5.8m€6.7m▲
Turnover70€4.6m€5.4m▲
Other operating income74€1.2m€1.3m▲
Operating charges60/66A€6.2m€6.8m▲
Services and other goods61€1.2m€1.3m▲
Remuneration, social security and pensions62€4.8m€5.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124,929€128,060▲
Other operating charges640/8€23,192€20,720▼
Operating profit (loss)9901-€392,242-€93,959▲
Financial income75/76B€13,414€0▼
Recurring financial income75€13,414€0▼
Other financial income752/9€13,414€0▼
Financial charges65/66B€76,822€110,530▲
Recurring financial charges65€76,822€110,530▲
Debt charges650€37,085€30,166▼
Other financial charges652/9€39,737€80,363▲
Profit (loss) for the period before taxes9903-€455,650-€204,489▲
Income taxes67/77€5,169€10,063▲
Taxes670/3€5,169€10,063▲
Profit (loss) for the period9904-€460,818-€214,551▲
Profit (loss) for the period to be appropriated9905-€460,818-€214,551▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.3m-€1.5m▼
Profit (loss) brought forward from the previous period14P-€825,860-€1.3m▼
Social balance
Average headcount (FTE)908746.447.1▲

The notes to these accounts (51 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€6.0m€6.4m€5.8m€6.7m▲ 15.5%
Turnover70€3.6m€4.3m€4.6m€4.6m€5.4m▲ 16.5%
Other operating income74-€1.7m€1.9m€1.2m€1.3m▲ 11.5%
Operating charges60/66A-€6.0m€7.2m€6.2m€6.8m▲ 9.6%
Services and other goods61-€1.2m€1.9m€1.2m€1.3m▲ 0.8%
Remuneration, social security and pensions62-€4.7m€5.1m€4.8m€5.4m▲ 12.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57,086€100,414€144,282€124,929€128,060▲ 2.5%
Other operating charges640/8-€15,769€7,462€23,192€20,720▼ 10.7%
Operating profit (loss)9901€203,456-€42,756-€747,393-€392,242-€93,959▲ 76.0%
Financial income75/76B-€29,857€108,552€13,414€0▼ 100%
Recurring financial income75€97,359€29,857€108,552€13,414€0▼ 100%
Income from current assets751-€4,843----
Other financial income752/9-€25,014€108,552€13,414€0▼ 100%
Financial charges65/66B-€30,324€104,595€76,822€110,530▲ 43.9%
Recurring financial charges65€285,563€30,322€104,595€76,822€110,530▲ 43.9%
Debt charges650--€34,796€37,085€30,166▼ 18.7%
Other financial charges652/9-€30,322€69,799€39,737€80,363▲ 102%
Non-recurring financial charges66B-€2----
Profit (loss) for the period before taxes9903€13,050-€43,223-€743,436-€455,650-€204,489▲ 55.1%
Income taxes67/77€39,565€407€16,791€5,169€10,063▲ 94.7%
Taxes670/3-€59,808€30,854€5,169€10,063▲ 94.7%
Tax adjustments and reversals of tax provisions77-€59,401€14,063---
Profit (loss) for the period9904-€26,515-€43,630-€760,227-€460,818-€214,551▲ 53.4%
Profit (loss) for the period to be appropriated9905-€26,515-€43,630-€760,227-€460,818-€214,551▲ 53.4%
Line20202021202220232024Change
Assets
Total assets20/58€4.1m€11.1m€9.1m€7.1m€12.1m▲ 68.8%
Fixed assets21/28€178,070€105,847€378,035€339,712€297,423▼ 12.4%
Intangible fixed assets21€17,688€10,206€34,310€21,790€6,386▼ 70.7%
Tangible fixed assets22/27€160,382€95,641€314,087€288,285€261,400▼ 9.3%
Plant, machinery and equipment23-€87,589€142,849€158,578€155,431▼ 2.0%
Furniture and vehicles24-€8,052€171,238€129,706€105,968▼ 18.3%
Financial fixed assets28--€29,638€29,638€29,638=
Other financial fixed assets284/8--€29,638€29,638€29,638=
Amounts receivable and cash guarantees285/8--€29,638€29,638€29,638=
Current assets29/58€3.9m€11.0m€8.7m€6.8m€11.8m▲ 72.8%
Stocks and contracts in progress3----€0-
Amounts receivable within one year40/41€452,943€711,356€1.2m€359,293€592,005▲ 64.8%
Trade receivables40-€432,582€1.1m€286,404€311,793▲ 8.9%
Other amounts receivable41-€278,774€60,574€72,889€280,212▲ 284%
Cash at bank and in hand54/58€3.3m€10.1m€7.2m€6.3m€11.0m▲ 74.6%
Deferred charges and accrued income490/1-€156,962€319,761€130,452€145,692▲ 11.7%
Equity and liabilities
Total equity and liabilities10/49€4.1m€11.1m€9.1m€7.1m€12.1m▲ 68.8%
Equity10/15€45,647€2,017-€758,210-€1.2m-€1.4m▼ 17.6%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10-€61,500€61,500€61,500€61,500=
Issued capital100-€61,500€61,500€61,500€61,500=
Reserves13€6,150€6,150€6,150€6,150€6,150=
Non-distributable reserves130/1-€6,150€6,150€6,150€6,150=
Legal reserve130-€6,150€6,150€6,150€6,150=
Profit (loss) carried forward14-€22,003-€65,633-€825,860-€1.3m-€1.5m▼ 16.7%
Amounts payable17/49€4.0m€11.1m€9.8m€8.4m€13.5m▲ 61.3%
Amounts payable after more than one year17--€1.8m€1.5m€1.8m▲ 15.6%
Financial debts170/4--€1.8m€1.5m€1.8m▲ 15.6%
Subordinated loans170--€1.8m€1.5m€0▼ 100%
Other loans174----€1.8m-
Amounts payable within one year42/48€4.0m€11.1m€8.1m€6.8m€11.7m▲ 71.6%
Trade debts44€211,767€389,266€398,607€127,022€194,041▲ 52.8%
Suppliers440/4-€389,266€398,607€127,022€194,041▲ 52.8%
Taxes, remuneration and social security45-€732,230€761,530€667,061€691,701▲ 3.7%
Taxes450/3-€10,500€27,291€13,876€5,063▼ 63.5%
Remuneration and social security454/9-€721,730€734,239€653,185€686,639▲ 5.1%
Other amounts payable47/48-€10.0m€6.9m€6.0m€10.8m▲ 79.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€26,515-€43,630-€760,227-€460,818-€214,551▲ 53.4%
+ Depreciation and write-downs630€57,086€100,414€144,282€124,929€128,060▲ 2.5%
Operating cash flow (approximation)€30,571€56,784-€615,945-€335,889-€86,492▲ 74.2%
Investment in fixed assets (approximation)--€28,191-€416,470-€86,607-€85,771▲ 1.0%
Change in cash-€6.9m-€3.0m-€856,251€4.7m▲ 650%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
12-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 196 days late
2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
20-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 263 days late
2022
31-12
Financial Weakest financial yearnet -€760,227
Net result drops to -€760,227, the lowest in the series; recovery starts the following year.
02-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 186 days late
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Highest result since 2018net €346,168 ▲56.7%
Operating result €706,555, net result €346,168, both a record.
19-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
13-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts

We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
1,279 m²
Building footprint
1,290 m²
Volume, LiDAR
27,207 m³
Parcel 11811L3944/00A002, Flanders · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
17 companies at this address See who is registered here
1 establishment unit
Anglo-Eastern (Antwerp)
Schaliënstraat 3, 2000 AntwerpenProduction of electricity from non-renewable sources
since 20042.138.863.163
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3944/00A002 Flanders 1,279 m² 1 · 1,290 m² 26.2 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 2,581 EUR awarded · 2,581 EUR paid
Year Entries awardedpaid
2025 1 490 EUR490 EUR
2024 1 470 EUR470 EUR
2023 1 470 EUR508 EUR
2022 1 1,151 EUR1,113 EUR
Schemes
4 entries · 2,581 EUR · 2,581 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 298 companies in sector 33150 we hold annual accounts for 159. 16 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-07-2004
Fiscal year end31-12
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
50200Water transport
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 9925:BE0866271663
Registered 17-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.