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EASTERN HOLDING

Active
Public limited companyfounded 200818 yrs activeDamstraat 4, 9230 Wetteren, BelgiumKBO/BCE: BE 0897.458.153

EASTERN HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-884k) and a net result of €-5.97M. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 5% of 2380 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2380 sector peers (2025).
NBB · sector comparison
Position among 2380 sector peers
Solvency
better than 5%
← weakest strongest →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 d early
2024
30 d early
2023
50 d early
2022
12 d early
2021
40 d early
2020
64 d early
2019
78 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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 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, full schema

Equity
€-884k
2024 · €5.08M
2018: €4.93M 2019: €4.89M 2020: €4.83M 2021: €4.89M 2022: €5.13M 2023: €5.02M 2024: €5.08M
2018 → 2025
Net result
€-5.97M
2024 · €63k
2018: €-62k 2019: €-46k 2020: €-51k 2021: €55k 2022: €242k 2023: €-112k 2024: €63k
2018 → 2025
Total assets
€50k▼ 99.2%
2024 · €6.12M
2018: €6.25M 2019: €6.31M 2020: €6.09M 2021: €6.07M 2022: €6.78M 2023: €6.62M 2024: €6.12M
2018 → 2025
Solvency
-1753.0%▼ 1836.1pp
2024 · 83.0%
2018: 78.9% 2019: 77.4% 2020: 79.3% 2021: 80.5% 2022: 75.7% 2023: 75.9% 2024: 83.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€421k-€575k▲ 36.6%€1.23M▲ 115%€209k▼ 83.0%€4k▼ 98.0%
Equity€4.89M-€5.13M▲ 4.9%€5.02M▼ 2.2%€5.08M▲ 1.2%€-884k
Operating result€63k-€337k▲ 436%€26k▼ 92.3%€-36k€-6k▲ 84.6%
Net result€55k-€242k▲ 337%€-112k€63k€-5.97M
Result per fiscal year
Operating resultNet result
€-6.00M€-4.00M€-2.00M€0Operating result 2021: €63k€63kNet result 2021: €55k€55kOperating result 2022: €337k€337kNet result 2022: €242k€242kOperating result 2023: €26k€26kNet result 2023: €-112k€-112kOperating result 2024: €-36k€-36kNet result 2024: €63k€63kOperating result 2025: €-6k€-6kNet result 2025: €-5.97M€-5.97M20212022202320242025
The operating result stays negative: a loss of €6k in 2025 against €36k in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
ROE
674.8%
2024 · 1.2%
Debt
€935k
2024 · €1.04M
Debt ≤ 1 year
€935k
2024 · €1.04M
A ratio outside any meaningful range has been withheld (balance sheet total €50k, equity €-884k).
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€6.12M€50k
Fixed assets21/28€5.93M-
Financial fixed assets28€5.93M-
Affiliated companies280/1€5.93M-
Participating interests280€5.93M-
Current assets29/58€188k€50k
Amounts receivable within one year40/41€117k€5k
Trade receivables40€107k€4k
Other amounts receivable41€10k€508
Cash at bank and in hand54/58€71k€46k
Deferred charges and accrued income490/1-€144
Equity and liabilities
Total equity and liabilities10/49€6.12M€50k
Equity10/15€5.08M€-884k
Contributions10/11€4.46M€4.46M=
Capital10€4.46M€4.46M=
Issued capital100€4.46M€4.46M=
Reserves13€43k€43k=
Non-distributable reserves130/1€43k€43k=
Legal reserve130€43k€43k=
Profit (loss) carried forward14€577k€-5.39M
Amounts payable17/49€1.04M€935k
Amounts payable within one year42/48€1.04M€935k
Trade debts44€131k-
Suppliers440/4€131k-
Other amounts payable47/48€907k€935k
Income statement Code20242025
Operating income70/76A€210k€4k
Turnover70€209k€4k
Other operating income74€726-
Operating charges60/66A€246k€10k
Goods for resale, raw materials and consumables60€209k€4k
Purchases600/8€209k€4k
Services and other goods61€37k€5k
Other operating charges640/8-€139
Operating profit (loss)9901€-36k€-6k
Financial income75/76B€141k-
Recurring financial income75€141k-
Other financial income752/9€141k-
Financial charges65/66B€42k€5.96M
Recurring financial charges65€42k€28k
Debt charges650€41k€27k
Other financial charges652/9€914€918
Non-recurring financial charges66B-€5.93M
Profit (loss) for the period before taxes9903€63k€-5.97M
Income taxes67/77€0-
Taxes670/3€0-
Profit (loss) for the period9904€63k€-5.97M
Profit (loss) for the period to be appropriated9905€63k€-5.97M
Appropriation of the result
Profit (loss) to be appropriated9906€577k€-5.39M
Profit (loss) brought forward from the previous period14P€515k€577k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
State Gazette act Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
  • General meeting, 08/05/2026
  • Auditor appointment, EY Bedrijfsrevisoren BV (commissaris)
  • Permanent representative, Brecht Deketele
01-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-5.97M ▼9615%
Net result drops to €-5.97M, the lowest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €63k
Net result €63k after one loss-making year.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €242k ▲337%
Operating result €337k, net result €242k, both a record.
31-12
Financial Equity above €5MEq €5.13M ▲4.9%
2 profitable years in a row build equity to €5.13M.
21-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €55k
Net result €55k after 3 loss-making years.
28-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
14-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
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.
01-10-2025 Dirk De Cuyper: Resigned as Director
01-10-2025 Peter De Cuyper: Resigned as Director
25-08-2021 Ivan Dierickx: Resigned as Director
25-08-2021 William Dierickx: Resigned as Director
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2008
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.

Damstraat 49230 Wetteren
Ground area
6.0 ha
Building footprint
2.7 ha
Volume, LiDAR
199,916 m³
Parcel 42025A0747/00K000, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EASTERN HOLDING
Damstraat 4, 9230 WetterenRepair and maintenance of machinery
since 20082.170.552.172
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42025A0747/00K000 Flanders 6.0 ha 1 · 2.7 ha 16.0 m · 2 fl.
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.

Statutory auditor

1 auditor
Ernst et Young Reviseurs d'EntreprisesCurrent
Statutory auditor · represented by Brecht Deketele
29-07-2026 → present

Similar companies · same sector, comparable size

Of 24,641 companies in sector 64210 we hold annual accounts for 19,693. 8,076 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded23-04-2008
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
33120Repair and maintenance of machinery
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.