EACO
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €150,000 and €210,000.
Balance sheet
balance sheet total €460,733 on 31-12-2025in euro
in euro
Position in the sector
91.3%
Higher than 90% of 21,206 companies in 2025.
2.11
Higher than 45% of 20,569 companies in 2025.
11.4%
Higher than 38% of 20,744 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
460,733 | 456,906 | 532,837 | 514,529 | 481,568 | 480,909 | 486,450 | 550,061 | 566,088 | 551,963 | 651,508 | 612,417 | 612,958 | 592,439 | 588,264 | 617,600 | 250,570 | 229,801 | |
21/28 |
382,451 | 388,659 | 415,338 | 383,969 | 401,126 | 414,291 | 423,847 | 425,426 | 426,468 | 448,305 | 468,690 | 480,068 | 493,276 | 494,815 | 517,251 | 568,800 | 198,851 | 204,592 | |
22/27 |
382,301 | 388,509 | 415,188 | 383,819 | 400,976 | 414,141 | 423,697 | 425,276 | 426,318 | 448,155 | 468,540 | 479,918 | 493,126 | 494,665 | 517,101 | 568,650 | 198,701 | 204,442 | |
22 |
343,510 | 349,551 | 366,519 | 383,487 | 400,455 | 413,413 | 422,270 | 423,244 | 424,657 | 439,935 | 453,760 | 460,435 | 475,649 | 490,948 | 505,131 | 547,307 | 167,943 | 164,220 | |
23 |
2,287 | 1,678 | 1,500 | 332 | 521 | 727 | 1,427 | 2,033 | 1,341 | 2,840 | 4,338 | 5,259 | 464 | 858 | 118 | 497 | 919 | 1,390 | |
24 |
36,504 | 37,279 | 47,168 | - | - | - | - | - | 319 | 5,381 | 10,442 | 14,225 | 17,012 | 2,859 | 11,852 | 20,846 | 29,839 | 38,833 | |
28 |
150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | |
29/58 |
78,282 | 68,247 | 117,500 | 130,559 | 80,442 | 66,618 | 62,603 | 124,635 | 139,620 | 103,657 | 182,819 | 132,349 | 119,683 | 97,624 | 71,013 | 48,800 | 51,719 | 25,208 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | 5,403 | 3,846 | 3,846 | 6,239 | 4,739 | 4,739 | 2,500 | |
291 |
- | - | - | - | - | - | - | - | - | - | - | 5,403 | 3,846 | 3,846 | 6,239 | 4,739 | 4,739 | 2,500 | |
40/41 |
34,577 | 24,081 | 112,311 | 101,871 | 79,292 | 65,593 | 61,299 | 117,210 | 104,640 | 102,534 | 182,819 | 126,057 | 114,384 | 92,848 | 63,444 | 39,979 | 30,836 | 8,384 | |
40 |
34,577 | 24,081 | 15,198 | 18,207 | 16,622 | 16,553 | 25,749 | 9,005 | 18,616 | 42,159 | 41,612 | 12,298 | 12,905 | 12,321 | 10,895 | 10,290 | 11,651 | 8,384 | |
41 |
- | - | 97,113 | 83,664 | 62,670 | 49,040 | 35,550 | 108,205 | 86,024 | 60,374 | 141,207 | 113,758 | 101,479 | 80,527 | 52,550 | 29,689 | 19,185 | - | |
54/58 |
41,288 | 42,530 | 3,723 | 27,439 | - | - | - | 5,957 | 34,980 | 1,124 | - | - | - | - | - | 2,599 | 15,085 | 12,842 | |
490/1 |
2,417 | 1,637 | 1,466 | 1,249 | 1,149 | 1,025 | 1,304 | 1,468 | - | - | - | 889 | 1,453 | 930 | 1,329 | 1,483 | 1,058 | 1,482 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
460,733 | 456,906 | 532,837 | 514,529 | 481,568 | 480,909 | 486,450 | 550,061 | 566,088 | 551,963 | 651,508 | 612,417 | 612,958 | 592,439 | 588,264 | 617,600 | 250,570 | 229,801 | |
10/15 |
420,762 | 368,013 | 312,351 | 376,093 | 305,506 | 237,568 | 180,121 | 132,407 | 168,543 | 101,591 | 34,466 | 120,130 | 91,686 | 63,231 | 39,497 | 36,795 | 59,062 | 32,280 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
387,013 | 334,265 | 278,603 | 342,345 | 271,757 | 203,820 | 167,320 | 119,620 | 155,760 | 88,860 | 21,860 | 26,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
387,013 | 334,265 | 278,603 | 340,485 | 269,897 | 201,960 | 165,460 | 117,760 | 153,900 | 87,000 | 20,000 | 25,000 | - | - | - | - | - | - | |
14 |
21,348 | 21,348 | 21,348 | 21,348 | 21,348 | 21,348 | 401 | 387 | 383 | 331 | 206 | 80,870 | 77,426 | 48,971 | 25,237 | 22,535 | 44,802 | 18,020 | |
17/49 |
39,971 | 88,893 | 220,486 | 138,435 | 176,062 | 243,340 | 306,330 | 417,654 | 397,544 | 450,371 | 617,042 | 492,287 | 521,272 | 529,207 | 548,767 | 580,805 | 191,508 | 197,521 | |
17 |
- | 5,859 | 41,214 | 65,484 | 107,716 | 154,862 | 199,971 | 243,134 | 284,436 | 323,959 | 361,778 | 400,209 | 439,234 | 469,740 | 497,465 | 531,283 | 140,674 | 157,234 | |
170/4 |
- | 5,859 | 41,214 | 65,484 | 107,716 | 154,862 | 199,971 | 243,134 | 284,436 | 323,959 | 361,778 | 400,209 | 439,234 | 469,740 | 497,465 | 531,283 | 140,674 | 157,234 | |
42/48 |
37,114 | 82,852 | 179,020 | 72,951 | 68,346 | 88,231 | 105,244 | 174,519 | 112,765 | 126,413 | 255,263 | 92,078 | 82,038 | 59,467 | 51,302 | 49,523 | 50,834 | 40,287 | |
42 |
5,859 | 35,355 | 43,236 | 42,232 | 47,145 | 45,110 | 60,390 | 41,302 | 39,522 | 37,820 | 38,431 | 39,025 | 37,422 | 27,738 | 33,830 | 39,108 | 16,560 | 15,746 | |
43 |
- | - | - | - | 2,419 | 16,666 | 18,500 | - | - | - | 10,526 | 8,952 | 9,105 | 7,223 | 5,940 | - | - | - | |
430/8 |
- | - | - | - | 2,419 | 16,666 | 18,500 | - | - | - | 10,526 | 8,952 | 9,105 | 7,223 | 5,940 | - | - | - | |
44 |
7,495 | 13,425 | 1,294 | 1,243 | 2,561 | 3,374 | 6,966 | 15,888 | 9,628 | 3,583 | 2,796 | 4,898 | 9,270 | 5,227 | 5,718 | 3,412 | 5,483 | 57 | |
440/4 |
7,495 | 13,425 | 1,294 | 1,243 | 2,561 | 3,374 | 6,966 | 15,888 | 9,628 | 3,583 | 2,796 | 4,898 | 9,270 | 5,227 | 5,718 | 3,412 | 5,483 | 57 | |
45 |
16,880 | 25,513 | 16,729 | 29,476 | 16,220 | 23,080 | 19,389 | 30,329 | 63,615 | 85,010 | 99,540 | 30,802 | 25,240 | 18,280 | 5,814 | 7,002 | 27,791 | 2,068 | |
450/3 |
13,880 | 22,513 | 16,729 | 29,476 | 13,220 | 23,080 | 19,389 | 30,329 | 63,615 | 85,010 | 99,540 | 28,371 | 22,809 | 15,980 | 5,814 | 7,002 | 9,005 | 2,068 | |
454/9 |
3,000 | 3,000 | - | - | 3,000 | - | - | - | - | - | - | 2,431 | 2,431 | 2,300 | - | - | 18,785 | - | |
47/48 |
6,880 | 8,559 | 117,760 | - | - | - | - | 87,000 | - | - | 103,970 | 8,400 | 1,000 | 1,000 | - | - | 1,000 | 22,416 | |
492/3 |
2,857 | 181 | 253 | - | - | 248 | 1,114 | - | 343 | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||
9900 |
108,743 | 114,650 | 105,247 | 121,872 | 117,819 | 111,291 | 96,575 | 99,340 | 145,245 | 144,495 | 140,148 | 95,537 | 81,734 | 79,108 | 67,594 | 57,253 | 59,500 | 79,348 | |
630 |
28,770 | 27,737 | 19,461 | 17,157 | 16,965 | 17,801 | 17,076 | 18,384 | 21,837 | 21,837 | 21,692 | 21,647 | 20,127 | 24,707 | 24,560 | 25,263 | 15,529 | 8,990 | |
640/8 |
4,891 | 4,772 | 4,090 | 4,244 | 3,857 | 6,081 | 4,190 | 3,027 | 3,058 | 3,211 | 3,341 | 6,389 | 5,426 | 3,922 | 3,557 | 41,473 | 1,543 | 23,016 | |
66A |
- | - | - | - | 727 | 27 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
75,082 | 82,141 | 81,696 | 100,471 | 96,269 | 87,382 | 75,309 | 77,929 | 120,350 | 119,446 | 115,115 | 67,501 | 56,182 | 50,480 | 39,476 | -9,483 | 42,428 | 47,342 | |
75/76B |
0 | - | 4,777 | 4,905 | 3,362 | 4,021 | 6,000 | 8,329 | 6,155 | 8,930 | 10,521 | 9,463 | 7,659 | 6,034 | - | 2,104 | 929 | 104 | |
75 |
0 | - | 4,777 | 4,905 | 3,362 | 4,021 | 6,000 | 8,329 | 6,155 | 8,930 | 10,521 | 9,463 | 7,659 | 6,034 | - | 2,104 | 929 | 104 | |
65/66B |
1,569 | 4,694 | 5,802 | 7,575 | 10,604 | 14,031 | 14,704 | 15,367 | 17,982 | 19,678 | 20,895 | 23,471 | 24,154 | 24,769 | 25,617 | 14,888 | 8,801 | 5,565 | |
65 |
1,569 | 4,694 | 5,802 | 7,575 | 10,604 | 14,031 | 14,704 | 15,367 | 17,982 | 19,678 | 20,895 | 23,471 | 24,154 | 24,769 | 25,617 | 14,888 | 8,801 | 5,565 | |
9903 |
73,513 | 77,447 | 80,671 | 97,801 | 89,027 | 77,373 | 66,605 | 70,892 | 108,522 | 108,698 | 104,740 | 53,494 | 39,687 | 31,745 | 13,860 | -22,266 | 34,557 | 41,881 | |
67/77 |
20,764 | 21,785 | 26,653 | 27,213 | 21,090 | 19,925 | 18,892 | 20,028 | 41,570 | 41,573 | 51,404 | 16,650 | 10,232 | 7,011 | 11,157 | 1 | 6,775 | 1 | |
9904 |
52,749 | 55,662 | 54,018 | 70,588 | 67,937 | 57,448 | 47,713 | 50,864 | 66,952 | 67,125 | 53,336 | 36,844 | 29,455 | 24,735 | 2,702 | -22,267 | 27,782 | 41,880 | |
9905 |
52,749 | 55,662 | 54,018 | 70,588 | 67,937 | 57,448 | 47,713 | 50,864 | 66,952 | 67,125 | 53,336 | 36,844 | 29,455 | 24,735 | 2,702 | -22,267 | 27,782 | 41,880 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
74,097 | 77,011 | 75,366 | 91,936 | 89,286 | 57,848 | 48,101 | 51,247 | 67,283 | 67,331 | 134,206 | 114,270 | 78,426 | 49,971 | 25,237 | 22,535 | 45,802 | 41,880 | |
14P |
21,348 | 21,348 | 21,348 | 21,348 | 21,348 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | 117,760 | - | - | - | - | 87,000 | - | - | 25,000 | - | - | - | - | - | - | - | |
691/2 |
52,749 | 55,662 | 54,018 | 70,588 | 67,937 | 36,500 | 47,700 | 50,860 | 66,900 | 67,000 | 20,000 | 25,000 | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
52,749 | 55,662 | 54,018 | 70,588 | 67,937 | 36,500 | 47,700 | 50,860 | 66,900 | 67,000 | 20,000 | 25,000 | - | - | - | - | - | - | |
694/7 |
- | - | 117,760 | - | - | - | - | 87,000 | - | - | 139,000 | 8,400 | 1,000 | 1,000 | - | - | 1,000 | 22,000 | |
694 |
- | - | 117,760 | - | - | - | - | 87,000 | - | - | 139,000 | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 8,400 | 1,000 | 1,000 | - | - | 1,000 | 22,000 | |
| Document | |||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00349950 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00351856 | |
| 31-12-2023 | micro format | 19-08-2024 | 2024-00354289 | |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00247740 | |
| 31-12-2021 | micro format | 15-09-2022 | 2022-20430506 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44400527 | |
| 31-12-2019 | micro format | 09-06-2020 | 2020-16200552 | |
| 31-12-2018 | micro format | 19-08-2019 | 2019-47700158 | |
| 31-12-2017 | micro format | 17-08-2018 | 2018-48200519 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-51200381 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-32300122 | |
| 31-12-2014 | abbreviated format | 08-07-2015 | 2015-28500295 | |
| 31-12-2013 | abbreviated format | 09-07-2014 | 2014-28800043 | |
| 31-12-2012 | abbreviated format | 03-07-2013 | 2013-26200494 | |
| 31-12-2011 | abbreviated format | 22-06-2012 | 2012-20300094 | |
| 31-12-2010 | abbreviated format | 01-07-2011 | 2011-24600526 | |
| 31-12-2009 | abbreviated format | 11-06-2010 | 2010-17300456 | |
| 31-12-2008 | abbreviated format | 20-06-2009 | 2009-27500143 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 103,852 | 109,878 | 101,157 | 117,628 | 113,235 | 105,183 | 92,385 | 96,314 | 142,187 | 141,284 | 136,807 | 89,148 | 76,308 | 75,187 | 64,036 | 15,780 | 57,957 | 56,332 | ||
| 81,519 | 83,399 | 73,478 | 87,744 | 84,903 | 75,249 | 64,789 | 69,248 | 88,789 | 88,962 | 75,028 | 58,491 | 49,582 | 49,442 | 27,262 | 2,996 | 43,311 | 50,869 | ||
| 22,562 | 1,058 | 50,829 | 0 | 4,528 | 8,271 | 15,497 | 17,343 | 0 | 1,453 | 10,313 | 8,440 | 21,265 | 2,271 | -26,989 | 395,213 | 9,787 | 213,582 | ||
| -1,241 | 38,807 | -23,716 | - | - | - | - | -29,022 | 33,856 | - | - | - | - | - | - | -12,486 | 2,243 | - | ||
| 41,169 | -14,605 | -61,520 | 57,608 | 12,096 | -21,613 | -42,641 | -49,885 | 26,855 | -22,755 | -72,445 | 40,271 | 37,645 | 38,157 | 19,711 | -723 | 885 | -15,079 | ||
| 91.3% | 80.5% | 58.6% | 73.1% | 63.4% | 49.4% | 37.0% | 24.1% | 29.8% | 18.4% | 5.3% | 19.6% | 15.0% | 10.7% | 6.7% | 6.0% | 23.6% | 14.0% | ||
| 2.11 | 0.82 | 0.66 | 1.79 | 1.18 | 0.76 | 0.59 | 0.71 | 1.24 | 0.82 | 0.72 | 1.44 | 1.46 | 1.64 | 1.38 | 0.99 | 1.02 | 0.63 | ||
| 0.09 | 0.24 | 0.71 | 0.37 | 0.58 | 1.02 | 1.70 | 3.15 | 2.36 | 4.43 | 17.90 | 4.10 | 5.69 | 8.37 | 13.89 | 15.79 | 3.24 | 6.12 | ||
| 12.5% | 15.1% | 17.3% | 18.8% | 22.2% | 24.2% | 26.5% | 38.4% | 39.7% | 66.1% | 154.7% | 30.7% | 32.1% | 39.1% | 6.8% | -60.5% | 47.0% | 129.7% | ||
| 11.4% | 12.2% | 10.1% | 13.7% | 14.1% | 11.9% | 9.8% | 9.2% | 11.8% | 12.2% | 8.2% | 6.0% | 4.8% | 4.2% | 0.5% | -3.6% | 11.1% | 18.2% | ||
| 66.18 | 23.41 | 17.43 | 15.53 | 10.68 | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €435,000 | €435,000 | €579,000 | €579,000 |
| Carrying value of the mortgaged assets | - | €238,268 | €366,519 | €383,487 | €400,455 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €22,562 | €1,058 | €50,829 | - | €4,528 |
| €28,770 | €27,737 | €19,461 | €17,157 | €16,965 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EACO
The operating result for 2025 is 9% lower than in 2024 and the lowest since 2014.
Debt's share of the balance-sheet total falls from 19.5% to 8.7%. Equity is higher and debt is lower.