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E8

Active
Private limited company (pre-2019)founded 201213 yrs activeArmand Campenhoutstraat 74, 1050 Elsene, BelgiumKBO/BCE: BE 0501.925.015
Summary

E8 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €-11k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 31% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability14▼-27
Solvency59▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.26 in 2024; short-term debt: 7.7% and cash: 0.5% of total assets), and 65.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
34.4%
Return on assets
-3.5%
Age of the figures
15 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 13 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-11k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
17 d early
2023
44 d early
2022
21 d early
2021
27 d early
2020
25 d early
2019
17 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€113k▼ 9.2%
2024 · €124k
2019: €138khighest in 7 years 2020: €122k▼ -12.0% vs 2019 2021: €110k▼ -9.5% vs 2020lowest in 7 years 2022: €123k▲ +12.2% vs 2021 2023: €126k▲ +2.1% vs 2022 2024: €124k▼ -1.5% vs 2023 2025: €113k▼ -9.2% vs 2024
2019 → 2025
Total assets
€327k▼ 3.0%
2024 · €337k
2019: €373khighest in 7 years 2020: €353k▼ -5.3% vs 2019 2021: €350k▼ -0.9% vs 2020 2022: €357k▲ +2.0% vs 2021 2023: €346k▼ -3.2% vs 2022 2024: €337k▼ -2.5% vs 2023 2025: €327k▼ -3.0% vs 2024lowest in 7 years
2019 → 2025
Net result
€-11k▼ 506%
2024 · €-2k
2019: €-31klowest in 7 years 2020: €-17k▲ +46.0% vs 2019 2021: €-12k▲ +29.8% vs 2020 2022: €13k▲ +216% vs 2021highest in 7 years 2023: €3k▼ -80.9% vs 2022 2024: €-2k▼ -174% vs 2023 2025: €-11k▼ -506% vs 2024
2019 → 2025
Working capital
€-19k▲ 15.2%
2024 · €-22k
2019: €12khighest in 7 years 2020: €-17k▼ -244% vs 2019 2021: €-19k▼ -7.5% vs 2020 2022: €-15k▲ +18.6% vs 2021 2023: €-17k▼ -8.8% vs 2022 2024: €-22k▼ -34.4% vs 2023lowest in 7 years 2025: €-19k▲ +15.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€110k-€123k▲ 12.2%€126k▲ 2.1%€124k▼ 1.5%€113k▼ 9.2% 2021: €110klowest in 5 years 2022: €123k▲ +12.2% vs 2021 2023: €126k▲ +2.1% vs 2022highest in 5 years 2024: €124k▼ -1.5% vs 2023 2025: €113k▼ -9.2% vs 2024
Operating result€-7k-€18k€7k▼ 63.9%€2k▼ 69.1%€-9k 2021: €-7k 2022: €18k▲ +365% vs 2021highest in 5 years 2023: €7k▼ -63.9% vs 2022 2024: €2k▼ -69.1% vs 2023 2025: €-9k▼ -528% vs 2024lowest in 5 years
Net result€-12k-€13k€3k▼ 80.9%€-2k€-11k▼ 506% 2021: €-12klowest in 5 years 2022: €13k▲ +216% vs 2021highest in 5 years 2023: €3k▼ -80.9% vs 2022 2024: €-2k▼ -174% vs 2023 2025: €-11k▼ -506% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €-7k€-7kNet result 2021: €-12k€-12kOperating result 2022: €18k€18kNet result 2022: €13k€13kOperating result 2023: €7k€7kNet result 2023: €3k€3kOperating result 2024: €2k€2kNet result 2024: €-2k€-2kOperating result 2025: €-9k€-9kNet result 2025: €-11k€-11k20212022202320242025€-15k€-10k€-5k€0€5kOperating result 2023: €7k€6.5kNet result 2023: €3k€2.6kOperating result 2024: €2k€2kNet result 2024: €-2k€-1.9kOperating result 2025: €-9k€-8.6kNet result 2025: €-11k€-11k202320242025
The operating result turns negative in 2025: a loss of €9k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets €321k ▼ 2.6%
Current assets €6k ▼ 19.0%
Equity and liabilities €327k
Equity €113k ▼ 9.2%
Debt €215k ▲ 0.6%
Debt's share of the balance-sheet total rises from 63.2% to 65.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37▼
2024 · €11k
Cash flow
€-3k▼
2024 · €7k
Current ratio
0.25▼
2024 · 0.26
Debt to equity
1.90▲
2024 · 1.72
ROE
-10.2%▼
2024 · -1.5%
ROA
-3.5%▼
2024 · -0.6%
Interest coverage
0.01▼
2024 · 2.81
Debt ≤ 1 year
€25k▼
2024 · €30k
Debt > 1 year
€189k▲
2024 · €183k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€337k€327k▼
Fixed assets21/28€329k€321k▼
Tangible fixed assets22/27€329k€321k▼
Land and buildings22€329k€321k▼
Current assets29/58€8k€6k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40-€1k
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€337k€327k▼
Equity10/15€124k€113k▼
Contributions10/11€12k€12k=
Reserves13€191k€191k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€189k€189k=
Profit (loss) carried forward14€-79k€-90k▼
Amounts payable17/49€213k€215k▲
Amounts payable after more than one year17€183k€189k▲
Financial debts170/4€108k€87k▼
Other amounts payable178/9€75k€103k▲
Amounts payable within one year42/48€30k€25k▼
Current portion of amounts payable after more than one year42€24k€23k▼
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Other amounts payable47/48€414€1k▲
Accrued charges and deferred income492/3€252€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€13k€2k▼
Operating profit (loss)9901€2k€-9k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-2k€-11k▼
Profit (loss) for the period9904€-2k€-11k▼
Profit (loss) for the period to be appropriated9905€-2k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-90k▼
Profit (loss) brought forward from the previous period14P€-77k€-79k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-€9k€9k€9k▼ 3.6%
Other operating charges640/8-€2k€1k€2k€2k▼ 11.6%
Gross operating margin9900€-5k€20k€17k€13k€2k▼ 85.3%
Operating profit (loss)9901€-7k€18k€7k€2k€-9k▼ 528%
Financial income75/76B-€0----
Recurring financial income75€2€0----
Financial charges65/66B-€5k€4k€4k€3k▼ 27.1%
Recurring financial charges65€5k€5k€4k€4k€3k▼ 27.1%
Profit (loss) for the period before taxes9903€-12k€13k€3k€-2k€-11k▼ 506%
Income taxes67/77€0-----
Profit (loss) for the period9904€-12k€13k€3k€-2k€-11k▼ 506%
Profit (loss) for the period to be appropriated9905€-12k€13k€3k€-2k€-11k▼ 506%
Line20212022202320242025Change
Assets
Total assets20/58€350k€357k€346k€337k€327k▼ 3.0%
Fixed assets21/28€347k€347k€338k€329k€321k▼ 2.6%
Tangible fixed assets22/27€347k€347k€338k€329k€321k▼ 2.6%
Land and buildings22-€347k€338k€329k€321k▼ 2.6%
Current assets29/58€3k€10k€8k€8k€6k▼ 19.0%
Amounts receivable within one year40/41€3k€3k€2k€3k€5k▲ 65.4%
Trade receivables40-€2k€0-€1k-
Other amounts receivable41-€2k€2k€3k€3k▲ 19.5%
Cash at bank and in hand54/58€0€6k€5k€5k€2k▼ 65.1%
Equity and liabilities
Total equity and liabilities10/49€350k€357k€346k€337k€327k▼ 3.0%
Equity10/15€110k€123k€126k€124k€113k▼ 9.2%
Contributions10/11-€12k€12k€12k€12k=
Reserves13€191k€191k€191k€191k€191k=
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Distributable reserves133-€189k€189k€189k€189k=
Profit (loss) carried forward14€-93k€-80k€-77k€-79k€-90k▼ 14.5%
Amounts payable17/49€240k€234k€220k€213k€215k▲ 0.6%
Amounts payable after more than one year17€219k€208k€195k€183k€189k▲ 3.5%
Financial debts170/4-€152k€130k€108k€87k▼ 19.5%
Other amounts payable178/9-€56k€65k€75k€103k▲ 36.7%
Amounts payable within one year42/48€22k€25k€24k€30k€25k▼ 16.2%
Current portion of amounts payable after more than one year42-€23k€24k€24k€23k▼ 5.6%
Financial debts43-€0----
Credit institutions430/8-€0----
Trade debts44€0€2k€170€5k€1k▼ 75.5%
Suppliers440/4-€2k€170€5k€1k▼ 75.5%
Taxes, remuneration and social security45-€0----
Taxes450/3-€0----
Other amounts payable47/48-€269€270€414€1k▲ 147%
Accrued charges and deferred income492/3-€1k€1k€252€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€-12k€13k€3k€-2k€-11k▼ 506%
+ Depreciation and write-downs630€0-€9k€9k€9k▼ 3.6%
Operating cash flow (approximation)€-12k€13k€12k€7k€-3k▼ 140%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€6k€-1k€-190€-3k▼ 1,655%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
27-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
14-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
18-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
10-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €13k
Net result €13k after 3 loss-making years.
04-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
06-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
14-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
06-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
2,300 m²
Building footprint
954 m²
Volume, LiDAR
7,798 m³
2 parcels, Brussels, Flanders · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
E8
Baron de Gieylaan 36, 9840 Nazareth-De PinteActivities of lawyers
since 20122.215.177.815
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
44012B0683/00R000 Flanders 1,946 m² 1 · 691 m² 10.8 m · 1 fl.
21447B0185/00R005 Brussels 355 m² 1 · 263 m² 23.8 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,549 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2012
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers

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