ANTWERP EUROTERMINAL
ActiveANTWERP EUROTERMINAL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59.84M and a net result of €2.36M. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-9
Solvency76▲+7
Growth49▼-18
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.87 in 2024; short-term debt: 19.7% and cash: 2.7% of total assets), and 48.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.2%
Return on assets
2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
78 d early
2023
84 d early
2022
94 d early
2021
74 d early
2020
114 d early
2019
106 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€76.25M▼ 2.2%
2024 · €78.00M
2018: €62.27M
2019: €58.84M
2020: €58.21M
2021: €64.24M
2022: €73.44M
2023: €71.62M
2024: €78.00M
2018 → 2025
EBIT margin
5.9%▼ 16.5pp
2024 · 22.4%
2018: 7.2%
2019: 3.2%
2020: 7.8%
2021: 5.7%
2022: 8.2%
2023: -8.8%
2024: 22.4%
2018 → 2025
Net result
€2.36M▼ 83.0%
2024 · €13.91M
2018: €2.69M
2019: €897k
2020: €2.98M
2021: €2.38M
2022: €4.07M
2023: €-7.03M
2024: €13.91M
2018 → 2025
Working capital
€830k
2024 · €-3.95M
2018: €5.01M
2019: €6.53M
2020: €9.84M
2021: €8.22M
2022: €2.15M
2023: €-6.71M
2024: €-3.95M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€64.24M-€73.44M▲ 14.3%€71.62M▼ 2.5%€78.00M▲ 8.9%€76.25M▼ 2.2%
Equity€25.47M-€26.42M▲ 3.7%€19.79M▼ 25.1%€53.73M▲ 171%€59.84M▲ 11.4%
Operating result€3.67M-€6.02M▲ 64.2%€-6.27M€17.47M€4.49M▼ 74.3%
Net result€2.38M-€4.07M▲ 71.2%€-7.03M€13.91M€2.36M▼ 83.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116.94M
Fixed assets
€93.06M▼ 3.6%
Current assets
€23.87M▼ 7.4%
Equity and liabilities €116.94M
Equity
€59.84M▲ 11.4%
Provisions
€181k▼ 7.4%
Debt
€56.91M▼ 16.7%
The debt ratio falls from 55.9% to 48.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14.89M▼
2024 · €25.83M
Cash flow
€12.76M▼
2024 · €22.27M
Solvency
51.2%▲
2024 · 43.9%
Current ratio
1.04▲
2024 · 0.87
Quick ratio
1.03▲
2024 · 0.86
Debt / equity
0.95▼
2024 · 1.27
ROE
3.9%▼
2024 · 25.9%
ROA
2.0%▼
2024 · 11.4%
Interest coverage
13.85▼
2024 · 22.45
Debt
€56.91M▼
2024 · €68.36M
Debt ≤ 1 year
€23.04M▼
2024 · €29.72M
Debt > 1 year
€33.56M▼
2024 · €38.40M
Income taxes
€1.10M▼
2024 · €2.48M
Staff costs
€9.55M▲
2024 · €9.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€122.28M€116.94M▼
Fixed assets21/28€96.52M€93.06M▼
Intangible fixed assets21€204k€772k▲
Tangible fixed assets22/27€95.79M€91.81M▼
Land and buildings22€35.48M€68.07M▲
Plant, machinery and equipment23€4.37M€7.10M▲
Furniture and vehicles24€10.54M€11.70M▲
Leasing and similar rights25€5.63M€4.89M▼
Assets under construction and advance payments27€39.77M€45k▼
Financial fixed assets28€524k€480k▼
Other financial fixed assets284/8€524k€480k▼
Shares284€796€796=
Amounts receivable and cash guarantees285/8€523k€479k▼
Current assets29/58€25.77M€23.87M▼
Amounts receivable after more than one year29-€28k
Other amounts receivable291-€28k
Stocks and contracts in progress3€127k€163k▲
Stocks30/36€127k€163k▲
Raw materials and consumables30/31-€85k
Goods purchased for resale34€127k€78k▼
Amounts receivable within one year40/41€20.11M€20.09M▼
Trade receivables40€15.98M€15.77M▼
Other amounts receivable41€4.13M€4.31M▲
Cash at bank and in hand54/58€5.27M€3.21M▼
Deferred charges and accrued income490/1€263k€388k▲
Equity and liabilities
Total equity and liabilities10/49€122.28M€116.94M▼
Equity10/15€53.73M€59.84M▲
Contributions10/11€36.00M€39.90M▲
Capital10€36.00M€39.90M▲
Issued capital100€36.00M€39.90M▲
Reserves13€7.90M€8.01M▲
Non-distributable reserves130/1€1.90M€2.01M▲
Legal reserve130€1.90M€2.01M▲
Distributable reserves133€6.00M€6.00M=
Profit (loss) carried forward14€9.30M€11.45M▲
Investment grants15€527k€484k▼
Provisions and deferred taxes16€196k€181k▼
Provisions for liabilities and charges160/5€20k€20k=
Other liabilities and charges164/5€20k€20k=
Deferred taxes168€176k€161k▼
Amounts payable17/49€68.36M€56.91M▼
Amounts payable after more than one year17€38.40M€33.56M▼
Financial debts170/4€38.40M€33.56M▼
Leasing and similar obligations172€4.54M€3.63M▼
Credit institutions173€16.37M€12.93M▼
Other loans174€17.50M€17.00M▼
Amounts payable within one year42/48€29.72M€23.04M▼
Current portion of amounts payable after more than one year42€6.72M€6.34M▼
Trade debts44€8.44M€6.97M▼
Suppliers440/4€8.44M€6.97M▼
Taxes, remuneration and social security45€3.27M€1.78M▼
Taxes450/3€1.83M€318k▼
Remuneration and social security454/9€1.44M€1.46M▲
Other amounts payable47/48€11.28M€7.96M▼
Accrued charges and deferred income492/3€241k€309k▲
Income statement
Code20242025
Operating income70/76A€80.27M€78.24M▼
Turnover70€78.00M€76.25M▼
Other operating income74€2.26M€1.98M▼
Non-recurring operating income76A€10k€14k▲
Operating charges60/66A€62.79M€73.75M▲
Goods for resale, raw materials and consumables60€1.11M€899k▼
Purchases600/8€1.08M€935k▼
Change in stocks: decrease (increase)609€27k€-36k▼
Services and other goods61€49.10M€49.98M▲
Remuneration, social security and pensions62€9.14M€9.55M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8.36M€10.40M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-13k€-3k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-7.57M-
Other operating charges640/8€2.68M€2.91M▲
Non-recurring operating charges66A€1k€11k▲
Operating profit (loss)9901€17.47M€4.49M▼
Financial income75/76B€59k€45k▼
Recurring financial income75€59k€45k▼
Income from current assets751-€481
Other financial income752/9€59k€44k▼
Financial charges65/66B€1.16M€1.09M▼
Recurring financial charges65€1.16M€1.09M▼
Debt charges650€1.15M€1.08M▼
Other financial charges652/9€12k€10k▼
Profit (loss) for the period before taxes9903€16.37M€3.45M▼
Transfer from deferred taxes780€18k€14k▼
Income taxes67/77€2.48M€1.10M▼
Taxes670/3€2.48M€1.10M▼
Profit (loss) for the period9904€13.91M€2.36M▼
Profit (loss) for the period to be appropriated9905€13.91M€2.36M▼
Appropriation of the result
Profit (loss) to be appropriated9906€14.00M€11.66M▼
Profit (loss) brought forward from the previous period14P€88k€9.30M▲
Transfer to equity691/2€696k€118k▼
To the legal reserve6920€696k€118k▼
Profit to be distributed694/7€4.00M€100k▼
Return on contributions (dividend)694€3.90M-
Directors or managers695€100k€100k=
Social balance
Average headcount (FTE)9087123.1124.1▲
The notes to these accounts (96 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €13.91M
Net result €13.91M after one loss-making year.
31-12
Financial
Equity above €50MEq €53.73M ▲171%
Equity rises from €19.79M to €53.73M.
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-7.03M ▼273%
Net result drops to €-7.03M, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €25MEq €25.47M ▲9.7%
4 profitable years in a row build equity to €25.47M.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-01-2024
DELABY: Resigned as Director
10-01-2024
Diego Pacella: Resigned as Director
10-01-2024
Emanuele Grimaldi: Resigned as Director
10-01-2024
GRIMALDI Gian Luca: Resigned as Director
10-01-2024
Guido Grimaldi: Resigned as Director
10-01-2024
Paul Kyprianou: Resigned as Director
05-04-2023
Yves DE LARIVIÈRE: Resigned as Director
30-11-2022
Ivens Marc: Resigned as Director
30-11-2022
Wim Van Overloop: Resigned as Director
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Blikken(KIE) 13339130 Beveren-Kruibeke-ZwijndrechtGround area
13.4 ha
Building footprint
38 m²
Parcel 46012B0242/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
ANTWERP EUROTERMINAL NV
since 20022.115.293.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46012B0242/00F000 | Flanders | 13.4 ha | 1 · 38 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Group per the LEI register
1 parent companyParent company:GRIMALDI GROUP S.P.A.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 492,376 EUR awarded · 492,376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,130 EUR | 2,130 EUR |
| 2024 | 1 | 630 EUR | 630 EUR |
| 2023 | 2 | 5,762 EUR | 489,616 EUR |
| 2022 | 1 | 483,854 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
Vlaams opleidingsverlof (VOV)
European Union, budget
2021 · 4 entries · 478,575 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2021 | 4 | 478,575 EUR |
Projects
101037564 - PIONEERS - PORTABLE INNOVATION OPEN NETWORK FOR EFFICIENCY AND EMISSIONS REDUCTION SOLUTIONS
101037564 - PIONEERS - PORTABLE INNOVATION OPEN NETWORK FOR EFFICIENCY AND EMISSIONS REDUCTION SOLUTIONS
101037564 - PIONEERS - PORTABLE INNOVATION OPEN NETWORK FOR EFFICIENCY AND EMISSIONS REDUCTION SOLUTIONS
101037564 - PIONEERS - PORTABLE INNOVATION OPEN NETWORK FOR EFFICIENCY AND EMISSIONS REDUCTION SOLUTIONS
European research
1 project · 478,576 EUR EU contributionProgrammes
h2020
Projects
PORTable Innovation Open Network for Efficiency and Emissions Reduction Solutions
Recognitions · licences · registrations
Legal Entity Identifier
549300UJCKO3QV4V6724
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Of 275 companies in sector 52241 we hold annual accounts for 212. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-03-2001
Fiscal year end31-12
Activities, NACEBEL
52241Warehousing and support activities for transportation
45204
52249Warehousing and support activities for transportation
63112
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.