Eazer Facility
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 29 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€46.4m▲ 8.2%
2024 · €42.9m
EBIT margin
1.8%▲ 0.8pp
2024 · 1.0%
Net result
€410,342▲ 243%
2024 · €119,698
Working capital
-€414,385▲ 52.1%
2024 · -€865,721
In the rankings
#3 employer in Genk, Administrative and support services sector#4 company by total assets in Genk, Administrative and support services sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€46.4m
▲ 8.2%
2025
20182025
Operating result
€817,866
▲ 97.7%
2025
20182025
Net result
€410,342
▲ 243%
2025
highest quarter of the sector
20182025
EBIT margin
1.8%
▲ 0.8pp
2025
20182025
Equity
€449,647
▲ 11×
2025
middle half of the sector
20182025
Total assets
€13.8m
▼ 3.0%
2025
highest quarter of the sector
20182025
Debt
€13.3m
▼ 5.9%
2025
20182025
Working capital
-€414,385
▲ 52.1%
2025
lowest quarter of the sector
20182025
Solvency
3.3%
▲ 3.0pp
2025
lowest quarter of the sector
20182025
Current ratio
0.97
▲ 0.03
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
3.0%
▲ 2.1pp
2025
middle half of the sector
20182025
Staff (FTE)
596.3
▼ 3.1%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€25.4m-€27.1m▲ 6.7%€26.2m▼ 3.3%€28.9m▲ 10.4%€35.3m▲ 21.8%€41.4m▲ 17.5%€42.9m▲ 3.5%€46.4m▲ 8.2%
Operating result€0.1m--€0.2m-€0.6m▼ 294%-€0.05m▲ 91.4%€0.9m-€0.1m€0.4m€0.8m▲ 97.7%
Net result€0.02m--€0.2m-€0.7mbelow the sector's middle half▼ 205%-€0.1mbelow the sector's middle half▲ 80.2%€0.8mabove the sector's middle half-€0.4mbelow the sector's middle half€0.1mwithin the sector's middle half€0.4mabove the sector's middle half▲ 243%
EBIT margin0.5%--0.6%▼ 1.1pp-2.3%▼ 1.7pp-0.2%▲ 2.1pp2.6%▲ 2.8pp-0.4%▼ 3.0pp1.0%▲ 1.3pp1.8%▲ 0.8pp
Equity€0.5m-€0.3m▼ 45.2%-€0.4mbelow the sector's middle half-€0.5mbelow the sector's middle half▼ 32.9%€0.3mwithin the sector's middle half-€0.08mbelow the sector's middle half€0.04mbelow the sector's middle half€0.4mwithin the sector's middle half▲ 11×
Total assets€8.1m-€8.7m▲ 8.1%€8.8mabove the sector's middle half▲ 0.5%€8.9mabove the sector's middle half▲ 1.9%€11.7mabove the sector's middle half▲ 31.0%€13.8mabove the sector's middle half▲ 17.5%€14.2mabove the sector's middle half▲ 3.0%€13.8mabove the sector's middle half▼ 3.0%
Debt€7.6m-€8.5m▲ 11.5%€9.2m▲ 8.5%€9.5m▲ 3.2%€11.4m▲ 20.6%€13.8m▲ 21.1%€14.1m▲ 2.1%€13.3m▼ 5.9%
Working capital€0.06m--€0.4m-€0.9mbelow the sector's middle half▼ 116%-€0.9mbelow the sector's middle half▲ 0.9%-€0.5mbelow the sector's middle half▲ 51.2%-€1.0mbelow the sector's middle half▼ 123%-€0.9mbelow the sector's middle half▲ 14.5%-€0.4mbelow the sector's middle half▲ 52.1%
Solvency6.1%-3.1%▼ 3.0pp-4.6%below the sector's middle half▼ 7.7pp-6.0%below the sector's middle half▼ 1.4pp2.4%below the sector's middle half▲ 8.4pp-0.6%below the sector's middle half▼ 3.0pp0.3%below the sector's middle half▲ 0.9pp3.3%below the sector's middle half▲ 3.0pp
Current ratio1.01-0.95▼ 0.060.89below the sector's middle half▼ 0.060.90below the sector's middle half=0.96within the sector's middle half▲ 0.060.92within the sector's middle half▼ 0.030.94below the sector's middle half▲ 0.010.97below the sector's middle half▲ 0.03
Return on assets (ROA)0.2%--2.5%▼ 2.7pp-7.7%below the sector's middle half▼ 5.1pp-1.5%below the sector's middle half▲ 6.2pp7.0%within the sector's middle half▲ 8.5pp-2.6%below the sector's middle half▼ 9.6pp0.8%within the sector's middle half▲ 3.4pp3.0%within the sector's middle half▲ 2.1pp
Staff (FTE)374.5-377.9▲ 0.9%391.4above the sector's middle half▲ 3.6%452.8above the sector's middle half▲ 15.7%528.2above the sector's middle half▲ 16.7%604.3above the sector's middle half▲ 14.4%615.4above the sector's middle half▲ 1.8%596.3above the sector's middle half▼ 3.1%
above
within
below
The sector band is the middle half of the companies in Services to buildings and landscape activities (NACE 81). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 98% higher than in 2024. It is the second rise in a row, after the fall in 2023.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.8m
Fixed assets
€1.1m ▼ 5.8%
Current assets
€12.6m ▼ 2.7%
Equity and liabilities €13.8m
Equity
€449,647 ▲ 11×
Debt
€13.3m ▼ 5.9%
Debt's share of the balance-sheet total falls from 99.7% to 96.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.3m▲
2024 · €873,588
Cash flow
€873,612▲
2024 · €579,572
Quick ratio
0.96▲
2024 · 0.93
Debt to equity
29.59
ROE
91.3%▼
2024 · 304.5%
Interest coverage
5.03▲
2024 · 3.03
Debt ≤ 1 year
€13.0m▼
2024 · €13.9m
Debt > 1 year
€83,269▼
2024 · €138,361
Income taxes
€145,118▲
2024 · €7,402
Customer credit
85 days▼
2024 · 85 days
Supplier credit
462 days▼
2024 · 1067 days
Staff costs
€31.1m▲
2024 · €30.1m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 702 | 800 | 855 | 830 | 807 |
| full-time | 234 | 287 | 335 | 342 | 335 |
| part-time | 468 | 513 | 520 | 488 | 472 |
| in full-time equivalents | 473.9 | 559 | 614.1 | 605 | 586.3 |
| Average over the year, in full-time equivalents | 452.8 | 528.2 | 604.3 | 615.4 | 596.3 |
| On a permanent contract | 454 | 573 | 822 | 795 | 774 |
| Joined | 311 | 291 | 296 | 228 | 424 |
| Left | 191 | 193 | 206 | 249 | 447 |
| Agency workers, average number | 127.5 | 136 | 134.3 | 134 | 143.7 |
| Training hours | 3,231 | 2,964 | - | - | 15,116 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €3.2m | €4.1m | €4.6m | €4.9m | €4.8m |
| Pledge on the business | €400,000 | €400,000 | €400,000 | €400,000 | €2.2m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €151,726 | €611,723 | €370,666 | €221,564 | €182,108 |
| Intangible fixed assets | €99,268 | €18,883 | €252,823 | €74,605 | €197,288 |
| Depreciation and write-downs of the year | €360,401 | €359,420 | €421,234 | €459,874 | €463,270 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is VAN HAVERMAET BEDRIJFSREVISOREN.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €7,617 | €8,039 | €6,219 | €8,494 | €10,804 |
| Other work by the auditor | €250 | - | - | - | - |
| Work by persons linked to the auditor | - | - | €528 | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 8 entries · €108,637 awarded · €108,637 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €12,570 | €12,570 |
| 2024 | 2 | €8,470 | €8,470 |
| 2023 | 2 | €27,178 | €34,426 |
| 2022 | 2 | €60,419 | €53,171 |
Public contracts
12 awards · 2024 to 2026
Schoonmaak stedelijke gebouwen, scholen en op afroep 2026-2030: Poetsen op afroep en noodzaak
Schoonmaak stedelijke gebouwen, scholen en op afroep 2026-2030: Poetsen diverse stedelijke gebouwen
Schoonmaak stedelijke gebouwen, scholen en op afroep 2026-2030: Poetsen diverse stedelijke gebouwen
Een meerjarige overeenkomst voor diensten voor het schoonmaken van de gebouwen van politiezone CARMA
Schoonmaak van gebouwen
Show 7 more contracts
Raamovereenkomst voor het uitvoeren van de dagelijkse en periodieke schoonmaak in de gebouwen van Solidaris Limburg: 2025/059 GU - 1
Activités de nettoyage sur différents sites de TUC RAIL répartis sur le territoire belge: FA2205 - 1
Schoonmaak gebouwen van Imog te Harelbeke en te Moen: Schoonmaak (inclusief wassen beglazing) in verschillende portiershuisjes: 9 locaties binnen Imog regio
Aankoopcentrale stad Hasselt - Schoonmaak en ruitenwas van gebouwen (ramen): Aankoopcentrale Stad Hasselt-Schoonmaak van gebouwen
Aankoopcentrale stad Hasselt - Schoonmaak en ruitenwas van gebouwen (ramen): Aankoopcentrale Stad Hasselt- Ruitenwas van gebouwen
Schoonmaak algemene delen patrimonium Woonsprong
Prestations de services de nettoyage de locaux et d'autobus: Nettoyage des bâtiments
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €29.6m | €37.3m | €42.9m | €44.0m | €47.7m | ▲ 8.5% |
| Turnover70 | €25.4m | €27.1m | €26.2m | €28.9m | €35.3m | €41.4m | €42.9m | €46.4m | ▲ 8.2% |
| Other operating income74 | - | - | - | €0.7m | €1.2m | €1.5m | €1.1m | €1.4m | ▲ 23.8% |
| Non-recurring operating income76A | - | - | - | €107 | €0.8m | €0.007m | €0 | €0.004m | - |
| Operating charges60/66A | - | - | - | €29.7m | €36.3m | €43.1m | €43.6m | €46.9m | ▲ 7.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.8m | €1.2m | €1.6m | €1.4m | €2.7m | ▲ 92.5% |
| Purchases600/8 | - | - | - | €0.8m | €1.2m | €1.6m | €1.4m | €2.7m | ▲ 86.0% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.04m | €0.003m | -€0.05m | -€0.04m | €0.02m | - |
| Services and other goods61 | - | - | - | €9.0m | €10.5m | €11.6m | €11.5m | €12.4m | ▲ 7.8% |
| Remuneration, social security and pensions62 | - | - | - | €19.4m | €24.1m | €29.4m | €30.1m | €31.1m | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€129 | €0 | €0.003m | €0.04m | €0.03m | ▼ 41.8% |
| Other operating charges640/8 | - | - | - | €0.05m | €0.06m | €0.07m | €0.09m | €0.2m | ▲ 137% |
| Non-recurring operating charges66A | - | - | - | €0.07m | €0.03m | €0.002m | €0.008m | €0.01m | ▲ 75.0% |
| Operating profit (loss)9901 | €0.1m | -€0.2m | -€0.6m | -€0.05m | €0.9m | -€0.1m | €0.4m | €0.8m | ▲ 97.7% |
| Financial income75/76B | - | - | - | €0.01m | €0.009m | €0.04m | €0.02m | €0.009m | ▼ 53.9% |
| Recurring financial income75 | €430 | €0.004m | €0.02m | €0.01m | €0.009m | €0.04m | €0.02m | €0.009m | ▼ 53.9% |
| Income from financial fixed assets750 | - | - | - | €0.009m | €0.002m | €0.02m | €0.01m | €0.009m | ▼ 40.8% |
| Other financial income752/9 | - | - | - | €0.005m | €0.007m | €0.02m | €0.004m | €72 | ▼ 98.3% |
| Non-recurring financial income76B | - | - | - | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €0.09m | €0.1m | €0.2m | €0.3m | €0.3m | ▼ 11.3% |
| Recurring financial charges65 | €0.06m | €0.07m | €0.08m | €0.09m | €0.1m | €0.2m | €0.3m | €0.3m | ▼ 11.3% |
| Debt charges650 | €0.05m | €0.06m | €0.06m | €0.07m | €0.09m | €0.2m | €0.3m | €0.3m | ▼ 11.8% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.03m | €0.01m | €0.02m | €0.02m | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €0.07m | -€0.2m | -€0.7m | -€0.1m | €0.8m | -€0.3m | €0.1m | €0.6m | ▲ 337% |
| Income taxes67/77 | €0.05m | -€0.001m | €0.007m | €0.006m | €0.005m | €0.02m | €0.007m | €0.1m | ▲ 20× |
| Taxes670/3 | - | - | - | €0.006m | €0.005m | €0.02m | €0.007m | €0.1m | ▲ 20× |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.001m | €0 | - | - | - |
| Profit (loss) for the period9904 | €0.02m | -€0.2m | -€0.7m | -€0.1m | €0.8m | -€0.4m | €0.1m | €0.4m | ▲ 243% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.02m | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.02m | -€0.2m | -€0.7m | -€0.1m | €0.8m | -€0.4m | €0.1m | €0.4m | ▲ 243% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.1m | €8.7m | €8.8m | €8.9m | €11.7m | €13.8m | €14.2m | €13.8m | ▼ 3.0% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €0.9m | €1.0m | €1.0m | €0.9m | €1.1m | €1.4m | €1.2m | €1.1m | ▼ 5.8% |
| Intangible fixed assets21 | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 24.1% |
| Tangible fixed assets22/27 | €0.6m | €0.7m | €0.7m | €0.6m | €0.9m | €1.0m | €0.8m | €0.7m | ▼ 18.0% |
| Land and buildings22 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 23.4% |
| Plant, machinery and equipment23 | - | - | - | €0.4m | €0.8m | €0.8m | €0.6m | €0.4m | ▼ 26.0% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.05m | €0.05m | €0.2m | €0.2m | ▲ 8.9% |
| Other tangible fixed assets26 | - | - | - | €0.07m | €0.06m | €0.07m | €0.06m | €0.05m | ▼ 20.6% |
| Financial fixed assets28 | €0.03m | €0.1m | €0.1m | €0.1m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 23.7% |
| Affiliated companies280/1 | - | - | - | €0.1m | €0 | - | - | - | - |
| Participating interests280 | - | - | - | €0.1m | €0 | - | - | - | - |
| Other financial fixed assets284/8 | - | - | - | €0.002m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 23.7% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.002m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 23.7% |
| Current assets29/58 | €7.2m | €7.8m | €7.7m | €8.0m | €10.6m | €12.4m | €13.0m | €12.6m | ▼ 2.7% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €0.09m | - |
| Trade receivables290 | - | - | - | - | - | - | - | €0.09m | - |
| Stocks and contracts in progress3 | €0.05m | €0.05m | €0.04m | €0.08m | €0.08m | €0.1m | €0.2m | €0.1m | ▼ 11.4% |
| Stocks30/36 | - | - | - | €0.08m | €0.08m | €0.1m | €0.2m | €0.1m | ▼ 11.4% |
| Goods purchased for resale34 | - | - | - | €0.08m | €0.08m | €0.1m | €0.2m | €0.1m | ▼ 11.4% |
| Amounts receivable within one year40/41 | €6.8m | €7.1m | €6.8m | €7.4m | €9.4m | €10.8m | €10.9m | €11.4m | ▲ 4.2% |
| Trade receivables40 | - | - | - | €6.7m | €8.4m | €9.7m | €10.0m | €10.8m | ▲ 7.9% |
| Other amounts receivable41 | - | - | - | €0.6m | €1.0m | €1.0m | €0.9m | €0.6m | ▼ 37.5% |
| Cash at bank and in hand54/58 | €0.06m | €0.3m | €0.6m | €0.4m | €0.6m | €1.0m | €1.6m | €0.3m | ▼ 77.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.5m | €0.6m | €0.3m | €0.7m | ▲ 97.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.1m | €8.7m | €8.8m | €8.9m | €11.7m | €13.8m | €14.2m | €13.8m | ▼ 3.0% |
| Equity10/15 | €0.5m | €0.3m | -€0.4m | -€0.5m | €0.3m | -€0.08m | €0.04m | €0.4m | ▲ 11× |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.4m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 122% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 135% |
| Profit (loss) carried forward14 | €0 | €0 | -€0.7m | -€0.8m | €0 | -€0.4m | -€0.2m | €0 | - |
| Amounts payable17/49 | €7.6m | €8.5m | €9.2m | €9.5m | €11.4m | €13.8m | €14.1m | €13.3m | ▼ 5.9% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.4m | €0.4m | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 39.8% |
| Financial debts170/4 | - | - | - | €0.4m | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 39.8% |
| Credit institutions173 | - | - | - | €0.4m | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 39.8% |
| Amounts payable within one year42/48 | €7.1m | €8.2m | €8.7m | €8.9m | €11.0m | €13.4m | €13.9m | €13.0m | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.06m | ▼ 56.7% |
| Financial debts43 | - | - | - | €2.7m | €3.7m | €4.3m | €4.6m | €4.6m | ▲ 1.0% |
| Credit institutions430/8 | - | - | - | €2.7m | €3.7m | €4.3m | €4.6m | €4.6m | ▲ 1.0% |
| Trade debts44 | €2.6m | €3.6m | €4.2m | €3.2m | €3.3m | €3.5m | €4.1m | €3.4m | ▼ 16.6% |
| Suppliers440/4 | - | - | - | €3.2m | €3.3m | €3.5m | €4.1m | €3.4m | ▼ 16.6% |
| Taxes, remuneration and social security45 | - | - | - | €1.9m | €2.9m | €4.1m | €3.7m | €3.9m | ▲ 4.2% |
| Taxes450/3 | - | - | - | €0.07m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 8.8% |
| Remuneration and social security454/9 | - | - | - | €1.8m | €2.7m | €3.9m | €3.6m | €3.7m | ▲ 4.0% |
| Other amounts payable47/48 | - | - | - | €1.0m | €1.0m | €1.3m | €1.3m | €1.1m | ▼ 19.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 17.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | -€0.2m | -€0.7m | -€0.1m | €0.8m | -€0.4m | €0.1m | €0.4m | ▲ 243% |
| + Depreciation and write-downs630 | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 0.7% |
| Operating cash flow (approximation) | €0.2m | €0.1m | -€0.3m | €0.2m | €1.2m | €0.06m | €0.6m | €0.9m | ▲ 50.7% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.4m | -€0.3m | -€0.6m | -€0.6m | -€0.3m | -€0.4m | ▼ 29.5% |
| Change in cash | - | €0.3m | €0.2m | -€0.2m | €0.2m | €0.4m | €0.6m | -€1.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 179 companies had the same profile as Eazer Facility has now. Two years later, 97.2% were still going and 1.1% had gone bankrupt.
- Large
- solvency under 10%
- a profit under 5% of the balance sheet
- without age
97.2%
was still going
1.7%
stopped otherwise
1.1%
went bankrupt
That fits the bankruptcy probability of Eazer Facility itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 179 companies, not a prediction for Eazer Facility. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 24-06-2026 | 2026-00193583 | |
| 31-12-2024 | full format | 30-06-2025 | 2025-00196831 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00403015 | |
| 31-12-2022 | full format | 04-07-2023 | 2023-00195565 | |
| 31-12-2021 | full format | 20-07-2022 | 2022-20217390 | |
| 31-12-2020 | full format | 26-08-2021 | 2021-55300438 | |
| 31-12-2019 | full format | 25-09-2020 | 2020-55600418 | |
| 31-12-2018 | full format | 03-07-2019 | 2019-27100595 | |
| 31-12-2017 | full format | 19-07-2018 | 2018-34400499 | |
| 31-12-2016 | full format | 19-07-2017 | 2017-32500423 |