EAST BELGIAN WAREHOUSING
ActiveThe computed 12-month bankruptcy probability of EAST BELGIAN WAREHOUSING is 2.4% (moderate). The 2024 annual accounts show equity of €31k and a net result of €12k. Equity is growing by ~18% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 7.3 in 2023), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 →
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
75.6%
Return on assets
30.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
7 d early
2022
20 d early
2021
33 d early
2020
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▲ 98.6%
2023 · €6k
2020: €15k
2021: €-420
2022: €-2k
2023: €6k
2020 → 2024
Working capital
€31k▲ 68.2%
2023 · €18k
2020: €14k
2021: €14k
2022: €12k
2023: €18k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€14k▼ 3.0%€12k▼ 13.3%€18k▲ 52.4%€31k▲ 68.2%
Operating result€19k-€-270€-2k▼ 518%€9k€19k▲ 118%
Net result€15k-€-420€-2k▼ 334%€6k€12k▲ 98.6%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 118% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €40k
Equity
€31k▲ 68.2%
Debt
€10k▲ 243%
The debt ratio rises from 13.7% to 24.4%: debt grows faster than equity.
Key figures and ratios
Solvency
75.6%▼
2023 · 86.3%
Current ratio
4.09▼
2023 · 7.30
Quick ratio
4.09▼
2023 · 7.30
Debt / equity
0.32▲
2023 · 0.16
ROE
40.6%▲
2023 · 34.4%
ROA
30.6%▲
2023 · 29.7%
Debt
€10k▲
2023 · €3k
Debt ≤ 1 year
€10k▲
2023 · €3k
Income taxes
€6k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€21k€40k▲
Current assets29/58€21k€40k▲
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€4k€8k▲
Cash at bank and in hand54/58€17k€32k▲
Equity and liabilities
Total equity and liabilities10/49€21k€40k▲
Equity10/15€18k€31k▲
Contributions10/11€6k€6k=
Reserves13€6k€19k▲
Distributable reserves133€6k€19k▲
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€3k€10k▲
Amounts payable within one year42/48€3k€10k▲
Trade debts44€149€552▲
Suppliers440/4€149€552▲
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€3k€9k▲
Income statement
Code20232024
Other operating charges640/8€995€893▼
Gross operating margin9900€10k€20k▲
Operating profit (loss)9901€9k€19k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€146€146=
Recurring financial charges65€146€146=
Profit (loss) for the period before taxes9903€9k€19k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€6k€12k▲
Profit (loss) for the period to be appropriated9905€6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€18k▲
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer to equity691/2€6k€12k▲
To other reserves6921€6k€12k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 20.55
Current ratio from 2.81 to 20.55; short-term debt falls from €8k to €609.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Eupen · 1 establishment unit since 2020
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.
Industriestrasse 124700 Eupen1 establishment unit
EAST BELGIAN WAREHOUSING
since 20202.298.825.467
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Of 1,029 companies in sector 52100 we hold annual accounts for 762. 251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2020
Fiscal year end31-12
Abbreviation DE
EBW
Activities, NACEBEL
52100Warehousing and storage
52250Logistics services
52290Warehousing and support activities for transportation
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.