EAG SERVICES& CO
ActiveSummary
The computed 12-month bankruptcy probability of EAG SERVICES& CO is 6.7% (elevated). The 2024 annual accounts show equity of €20k and a net result of €-13k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 6720 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability11▼-89
Solvency64▼-36
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.63 against 12.56 in 2023; short-term debt: 61.4% and cash: 4.6% of total assets), but 61.4% 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.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
38.6%
Return on assets
-24.8%
Age of the figures
21 mo
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 26-11-2025, 118 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
76 d early
2022
37 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€76k
EBIT margin
1.1%
Net result
€-13k
2023 · €18k
2022: €15k
2023: €18k
2022 → 2024
Working capital
€20k▼ 36.0%
2023 · €32k
2022: €14k
2023: €32k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€76k
Equity€15k-€33k▲ 118%€20k▼ 39.1%
Operating result€20k-€19k▼ 6.4%€861▼ 95.4%
Net result€15k-€18k▲ 19.2%€-13k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 95% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €52k
Equity
€20k ▼ 39.1%
Debt
€32k ▲ 1,077%
Debt's share of the balance-sheet total rises from 7.6% to 61.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2023 · €21k
Cash flow
€-12k▼
2023 · €20k
Current ratio
1.63▼
2023 · 12.56
Debt to equity
1.59▲
2023 · 0.08
ROE
-64.3%▼
2023 · 54.2%
ROA
-24.8%▼
2023 · 50.1%
Interest coverage
0.30▼
2023 · 22.24
Debt ≤ 1 year
€32k▲
2023 · €3k
Income taxes
€8k
Staff costs
€30k▲
2023 · €10k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€36k€52k▲
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Current assets29/58€34k€52k▲
Amounts receivable within one year40/41€19k€50k▲
Trade receivables40€19k-
Other amounts receivable41-€50k
Cash at bank and in hand54/58€15k€2k▼
Equity and liabilities
Total equity and liabilities10/49€36k€52k▲
Equity10/15€33k€20k▼
Contributions10/11€100€100=
Outside capital11€100-
Share premium1100/10€100-
Profit (loss) carried forward14€33k€20k▼
Amounts payable17/49€3k€32k▲
Amounts payable within one year42/48€3k€32k▲
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€3k€29k▲
Taxes450/3€2k€25k▲
Remuneration and social security454/9€484€4k▲
Other amounts payable47/48-€2k
Income statement
Code20232024
Turnover70-€76k
Goods, raw materials, services and sundry goods60/61-€39k
Remuneration, social security and pensions62€10k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€798▼
Other operating charges640/8€1k€6k▲
Gross operating margin9900€32k€37k▲
Operating profit (loss)9901€19k€861▼
Financial charges65/66B€929€6k▲
Recurring financial charges65€929€6k▲
Profit (loss) for the period before taxes9903€18k€-5k▼
Income taxes67/77-€8k
Profit (loss) for the period9904€18k€-13k▼
Profit (loss) for the period to be appropriated9905€18k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€20k▼
Profit (loss) brought forward from the previous period14P€15k€33k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2022net €18k ▲19.2%
Net result €18k, the highest in the series.
31-12
Financial
Liquidity times 8current ratio 12.56
Current ratio from 1.60 to 12.56; short-term debt falls from €24k to €3k.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Verviers · 2 establishment units since 2022
Ground area
6,639 m²
Building footprint
1,997 m²
Volume, LiDAR
13,090 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
EAG Services & Co
since 20222.328.615.256
EAG Services & Co
since 20252.383.507.061
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043B0353/00S000 | Wallonia | 3,451 m² | 1 · 1,442 m² | 8.8 m · 2 fl. |
| 63059A0390/00C002 | Wallonia | 3,188 m² | 1 · 555 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 4,985 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.