EGAN
ActiveSummary
EGAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600,982 and a net result of -€14,318. Equity remains stable across the filed fiscal years (±1.9% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-1
Solvency88▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.24 in 2024; short-term debt: 18.3% and cash: 3.9% of total assets), and 37.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
50 d early
2023
21 d early
2022
54 d early
2021
26 d early
2020
44 d early
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€14,318▼ 195%
2024 · -€4,859
Working capital
-€136,788▼ 2.7%
2024 · -€133,134
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€11,837▲ 3.2%-€12,155▼ 2.7%-€13,736▼ 13.0%€1,845-€10,045
Net result-€16,899▲ 4.6%-€17,073▼ 1.0%-€17,536▼ 2.7%-€4,859▲ 72.3%-€14,318▼ 195%
Equity€644,989▼ 2.6%€637,696▼ 1.1%€620,160▼ 2.7%€615,301▼ 0.8%€600,982▼ 2.3%
Total assets€1.2m▼ 4.7%€1.1m▼ 4.8%€1.1m▼ 4.9%€1.0m▼ 3.9%€961,485▼ 5.4%
Debt€453,558▼ 7.6%€417,408▼ 8.0%€383,909▼ 8.0%€350,661▼ 8.7%€313,304▼ 10.7%
Working capital-€141,405▲ 2.2%-€138,765▲ 1.9%-€139,652▼ 0.6%-€133,134▲ 4.7%-€136,788▼ 2.7%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10,045 after €1,845 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €961,485
Fixed assets
€921,884 ▼ 5.3%
Current assets
€39,601 ▼ 7.7%
Equity and liabilities €961,485
Equity
€600,982 ▼ 2.3%
Provisions
€47,199 ▼ 6.9%
Debt
€313,304 ▼ 10.7%
Debt's share of the balance-sheet total falls from 34.5% to 32.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41,809▼
2024 · €54,304
Cash flow
€37,536▼
2024 · €47,600
Current ratio
0.22▼
2024 · 0.24
Debt to equity
0.52▼
2024 · 0.57
ROE
-2.4%▼
2024 · -0.8%
ROA
-1.5%▼
2024 · -0.5%
Interest coverage
8.97▲
2024 · 8.66
Debt ≤ 1 year
€176,389▲
2024 · €176,039
Debt > 1 year
€136,915▼
2024 · €174,623
Income taxes
€3,196▼
2024 · €4,014
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,996 | €57,996 | €58,224 | €52,459 | €51,854 | ▼ 1.2% |
| Other operating charges640/8 | €6,371 | €7,280 | €7,001 | €7,582 | €7,574 | ▼ 0.1% |
| Gross operating margin9900 | €52,530 | €53,121 | €51,489 | €61,886 | €49,383 | ▼ 20.2% |
| Operating profit (loss)9901 | -€11,837 | -€12,155 | -€13,736 | €1,845 | -€10,045 | ▼ 644% |
| Financial income75/76B | - | - | €0 | €99 | €100 | ▲ 1.2% |
| Recurring financial income75 | - | - | €0 | €99 | €100 | ▲ 1.2% |
| Financial charges65/66B | €8,845 | €8,274 | €7,099 | €6,270 | €4,659 | ▼ 25.7% |
| Recurring financial charges65 | €8,845 | €8,274 | €7,099 | €6,270 | €4,659 | ▼ 25.7% |
| Profit (loss) for the period before taxes9903 | -€20,682 | -€20,429 | -€20,835 | -€4,326 | -€14,604 | ▼ 238% |
| Transfer from deferred taxes780 | €4,038 | €3,481 | €3,481 | €3,481 | €3,481 | = |
| Income taxes67/77 | €255 | €125 | €182 | €4,014 | €3,196 | ▼ 20.4% |
| Profit (loss) for the period9904 | -€16,899 | -€17,073 | -€17,536 | -€4,859 | -€14,318 | ▼ 195% |
| Transfer from tax-exempt reserves789 | €9,886 | €10,443 | €10,443 | €10,443 | €10,443 | = |
| Profit (loss) for the period to be appropriated9905 | -€7,013 | -€6,629 | -€7,093 | €5,584 | -€3,875 | ▼ 169% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.1m | €1.0m | €961,485 | ▼ 5.4% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.0m | €973,738 | €921,884 | ▼ 5.3% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | €1.0m | €973,738 | €921,884 | ▼ 5.3% |
| Land and buildings22 | €1.1m | €1.1m | €1.0m | €971,036 | €919,507 | ▼ 5.3% |
| Plant, machinery and equipment23 | - | - | €3,028 | €2,702 | €2,376 | ▼ 12.1% |
| Furniture and vehicles24 | €7,448 | €3,724 | €0 | - | - | - |
| Current assets29/58 | €30,289 | €31,581 | €32,033 | €42,904 | €39,601 | ▼ 7.7% |
| Amounts receivable within one year40/41 | €0 | - | - | - | - | - |
| Trade receivables40 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €29,015 | €30,375 | €30,726 | €41,559 | €37,907 | ▼ 8.8% |
| Deferred charges and accrued income490/1 | €1,274 | €1,206 | €1,307 | €1,345 | €1,694 | ▲ 26.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.1m | €1.0m | €961,485 | ▼ 5.4% |
| Equity10/15 | €644,989 | €637,696 | €620,160 | €615,301 | €600,982 | ▼ 2.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €632,589 | €625,296 | €607,760 | €602,901 | €588,582 | ▼ 2.4% |
| Non-distributable reserves130/1 | €2,480 | €2,480 | €0 | - | - | - |
| Reserves not available under the articles1311 | €2,480 | €2,480 | €0 | - | - | - |
| Tax-exempt reserves132 | €173,590 | €172,926 | €162,483 | €152,040 | €141,596 | ▼ 6.9% |
| Distributable reserves133 | €456,519 | €449,889 | €445,277 | €450,861 | €446,986 | ▼ 0.9% |
| Provisions and deferred taxes16 | €70,903 | €57,642 | €54,161 | €50,680 | €47,199 | ▼ 6.9% |
| Deferred taxes168 | €70,903 | €57,642 | €54,161 | €50,680 | €47,199 | ▼ 6.9% |
| Amounts payable17/49 | €453,558 | €417,408 | €383,909 | €350,661 | €313,304 | ▼ 10.7% |
| Amounts payable after more than one year17 | €281,864 | €247,061 | €211,334 | €174,623 | €136,915 | ▼ 21.6% |
| Financial debts170/4 | €281,864 | €247,061 | €211,334 | €174,623 | €136,915 | ▼ 21.6% |
| Amounts payable within one year42/48 | €171,694 | €170,346 | €171,685 | €176,039 | €176,389 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | €33,888 | €34,802 | €35,727 | €36,711 | €37,708 | ▲ 2.7% |
| Trade debts44 | €117 | €730 | €429 | €106 | €416 | ▲ 291% |
| Suppliers440/4 | €117 | €730 | €429 | €106 | €416 | ▲ 291% |
| Taxes, remuneration and social security45 | €123 | €248 | €307 | €4,000 | €3,300 | ▼ 17.5% |
| Taxes450/3 | €123 | €248 | €307 | €4,000 | €3,300 | ▼ 17.5% |
| Other amounts payable47/48 | €137,566 | €134,566 | €135,221 | €135,221 | €134,965 | ▼ 0.2% |
| Accrued charges and deferred income492/3 | - | - | €890 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,899 | -€17,073 | -€17,536 | -€4,859 | -€14,318 | ▼ 195% |
| + Depreciation and write-downs630 | €57,996 | €57,996 | €58,224 | €52,459 | €51,854 | ▼ 1.2% |
| Operating cash flow (approximation) | €41,096 | €40,923 | €40,688 | €47,600 | €37,536 | ▼ 21.1% |
| Investment in fixed assets (approximation) | - | €0 | -€3,257 | €0 | €0 | - |
| Change in cash | - | €1,360 | €351 | €10,833 | -€3,652 | ▼ 134% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€17,713
Net result drops to -€17,713, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
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.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Braine-l'Alleud · 1 establishment unit since 2002
Ground area
2,148 m²
Building footprint
201 m²
Volume, LiDAR
1,569 m³
Parcel 25078A0064/00K000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
EGAN
since 20022.163.944.294
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25078A0064/00K000 | Wallonia | 2,147 m² | 1 · 201 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded25-03-2002
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
9925:BE0477085491
Registered
17-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.