EFFEL Service
ActiveEFFEL Service has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-44k) and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-79
Solvency0▼-12
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 1.04 in 2024; short-term debt: 115.3% and cash: 1.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-51.3%
Return on assets
-32.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-44k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
11 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
67 d late
← 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-44k▼ 178%
2024 · €-16k
2018: €-30k
2019: €-50k
2020: €-51k
2021: €-68k
2022: €-64k
2023: €-26k
2024: €-16k
2018 → 2025
Total assets
€86k▼ 30.3%
2024 · €124k
2018: €70k
2019: €92k
2020: €77k
2021: €77k
2022: €66k
2023: €89k
2024: €124k
2018 → 2025
Net result
€-28k
2024 · €10k
2018: €-43k
2019: €-20k
2020: €-849
2021: €-18k
2022: €4k
2023: €39k
2024: €10k
2018 → 2025
Working capital
€-25k
2024 · €5k
2018: €-40k
2019: €-58k
2020: €-57k
2021: €-53k
2022: €-43k
2023: €-4k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-68k-€-64k▲ 6.0%€-26k▲ 60.2%€-16k▲ 37.8%€-44k▼ 178%
Operating result€-17k-€5k€40k▲ 707%€11k▼ 72.6%€-26k
Net result€-18k-€4k€39k▲ 844%€10k▼ 75.0%€-28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
Assets €86k
Fixed assets
€11k
Current assets
€75k
Key figures and ratios
EBITDA
€-26k▼
2024 · €11k
Cash flow
€-28k▼
2024 · €10k
Solvency
-51.3%▼
2024 · -12.9%
Current ratio
0.75▼
2024 · 1.04
Quick ratio
0.74▼
2024 · 1.02
Debt / equity
-2.95▲
2024 · -8.78
ROA
-32.9%▼
2024 · 7.8%
Interest coverage
-12.07▼
2024 · 8.67
Debt
€130k▼
2024 · €140k
Debt ≤ 1 year
€99k▼
2024 · €119k
Debt > 1 year
€31k▲
2024 · €21k
Income taxes
€145▲
2024 · €140
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€124k€86k▼
Fixed assets21/28-€11k
Tangible fixed assets22/27-€11k
Plant, machinery and equipment23-€11k
Current assets29/58€124k€75k▼
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Amounts receivable within one year40/41€88k€73k▼
Trade receivables40€88k€73k▼
Cash at bank and in hand54/58€31k€1k▼
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€124k€86k▼
Equity10/15€-16k€-44k▼
Contributions10/11€12k€12k=
Reserves13€35€35=
Distributable reserves133€35€35=
Profit (loss) carried forward14€-28k€-57k▼
Amounts payable17/49€140k€130k▼
Amounts payable after more than one year17€21k€31k▲
Financial debts170/4€21k€31k▲
Amounts payable within one year42/48€119k€99k▼
Trade debts44€103k€73k▼
Suppliers440/4€103k€73k▼
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3€8k€12k▲
Other amounts payable47/48€7k€15k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€470▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€904€3k▲
Gross operating margin9900€12k€-23k▼
Operating profit (loss)9901€11k€-26k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€10k€-28k▼
Income taxes67/77€140€145▲
Profit (loss) for the period9904€10k€-28k▼
Profit (loss) for the period to be appropriated9905€10k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-57k▼
Profit (loss) brought forward from the previous period14P€-38k€-28k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €39k ▲844%
Operating result €40k, net result €39k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 · 1 establishment unit since 2013
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.
Avenue Prince Baudouin 374802 VerviersGround area
212 m²
Building footprint
194 m²
Volume, LiDAR
1,561 m³
Parcel 63036A0135/00K002, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Effel Service
since 20132.216.105.649
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0135/00K002 | Wallonia | 212 m² | 1 · 194 m² | 11.1 m · 3 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.
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Of 4,431 companies in sector 46180 we hold annual accounts for 1,887. 1,008 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2013
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.effel.be
E-mail:info@effel.be