EIDER ENGINEERING
ActiveSummary
For the legal form of EIDER ENGINEERING, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €242,967 and a net result of €9,545. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 719 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-4
Solvency75▲+5
Growth52▼-26
Track record100
Credit verdict
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.57 in 2024; short-term debt: 22.4% and cash: 2.3% of total assets), and 50.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
3 d early
2023
29 d late
2022
25 d early
2021
2 d late
2020
45 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed 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 2 August (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
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,545▼ 64.2%
2024 · €26,635
Working capital
-€67,860▼ 25.6%
2024 · -€54,030
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€48,718▲ 31.5%€20,424▼ 58.1%€28,083▲ 37.5%€43,345▲ 54.3%€20,822▼ 52.0%
Net result€27,589within the sector's middle half▲ 14.5%€6,574within the sector's middle half▼ 76.2%€13,689within the sector's middle half▲ 108%€26,635within the sector's middle half▲ 94.6%€9,545within the sector's middle half▼ 64.2%
Equity€186,524within the sector's middle half▲ 17.4%€193,097within the sector's middle half▲ 3.5%€206,787within the sector's middle half▲ 7.1%€233,422within the sector's middle half▲ 12.9%€242,967within the sector's middle half▲ 4.1%
Total assets€570,398within the sector's middle half▼ 2.8%€538,851within the sector's middle half▼ 5.5%€523,393within the sector's middle half▼ 2.9%€513,923within the sector's middle half▼ 1.8%€487,760within the sector's middle half▼ 5.1%
Debt€383,874▼ 10.2%€345,754▼ 9.9%€316,606▼ 8.4%€280,501▼ 11.4%€244,792▼ 12.7%
Working capital-€79,705below the sector's middle half▼ 6.5%-€94,079below the sector's middle half▼ 18.0%-€77,849below the sector's middle half▲ 17.3%-€54,030below the sector's middle half▲ 30.6%-€67,860below the sector's middle half▼ 25.6%
Solvency32.7%within the sector's middle half▲ 5.6pp35.8%within the sector's middle half▲ 3.1pp39.5%within the sector's middle half▲ 3.7pp45.4%within the sector's middle half▲ 5.9pp49.8%within the sector's middle half▲ 4.4pp
Current ratio0.50below the sector's middle half▼ 0.010.36below the sector's middle half▼ 0.130.44below the sector's middle half▲ 0.080.57below the sector's middle half▲ 0.130.38below the sector's middle half▼ 0.19
Return on assets (ROA)4.8%within the sector's middle half▲ 0.7pp1.2%within the sector's middle half▼ 3.6pp2.6%within the sector's middle half▲ 1.4pp5.2%within the sector's middle half▲ 2.6pp2.0%within the sector's middle half▼ 3.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €487,760
Fixed assets
€446,190 ▲ 1.0%
Current assets
€41,569 ▼ 42.4%
Equity and liabilities €487,760
Equity
€242,967 ▲ 4.1%
Debt
€244,792 ▼ 12.7%
Debt's share of the balance-sheet total falls from 54.6% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35,128▼
2024 · €61,328
Cash flow
€23,851▼
2024 · €44,618
Debt to equity
1.01▼
2024 · 1.20
ROE
3.9%▼
2024 · 11.4%
Interest coverage
6.64▼
2024 · 10.56
Debt ≤ 1 year
€109,429▼
2024 · €126,195
Debt > 1 year
€135,363▼
2024 · €154,306
Income taxes
€5,990▼
2024 · €10,901
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,490 | €22,658 | €22,950 | €17,983 | €14,306 | ▼ 20.4% |
| Other operating charges640/8 | €4,486 | €1,403 | €1,652 | €3,326 | €2,266 | ▼ 31.9% |
| Gross operating margin9900 | €71,693 | €44,485 | €52,685 | €64,654 | €37,394 | ▼ 42.2% |
| Operating profit (loss)9901 | €48,718 | €20,424 | €28,083 | €43,345 | €20,822 | ▼ 52.0% |
| Financial charges65/66B | €7,387 | €5,958 | €6,630 | €5,808 | €5,287 | ▼ 9.0% |
| Recurring financial charges65 | €7,387 | €5,958 | €6,630 | €5,808 | €5,287 | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | €41,331 | €14,466 | €21,454 | €37,536 | €15,535 | ▼ 58.6% |
| Income taxes67/77 | €13,742 | €7,892 | €7,764 | €10,901 | €5,990 | ▼ 45.1% |
| Profit (loss) for the period9904 | €27,589 | €6,574 | €13,689 | €26,635 | €9,545 | ▼ 64.2% |
| Profit (loss) for the period to be appropriated9905 | €27,589 | €6,574 | €13,689 | €26,635 | €9,545 | ▼ 64.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €570,398 | €538,851 | €523,393 | €513,923 | €487,760 | ▼ 5.1% |
| Formation expenses20 | €6,110 | €3,055 | - | - | - | - |
| Fixed assets21/28 | €484,855 | €481,843 | €461,947 | €441,758 | €446,190 | ▲ 1.0% |
| Tangible fixed assets22/27 | €259,855 | €256,843 | €236,947 | €216,758 | €203,670 | ▼ 6.0% |
| Land and buildings22 | €237,355 | €225,595 | €213,835 | €202,075 | €190,315 | ▼ 5.8% |
| Plant, machinery and equipment23 | €19,085 | €15,920 | €13,065 | €11,104 | €9,142 | ▼ 17.7% |
| Furniture and vehicles24 | €815 | €12,727 | €7,447 | €979 | €1,613 | ▲ 64.7% |
| Other tangible fixed assets26 | €2,600 | €2,600 | €2,600 | €2,600 | €2,600 | = |
| Financial fixed assets28 | €225,000 | €225,000 | €225,000 | €225,000 | €242,520 | ▲ 7.8% |
| Current assets29/58 | €79,433 | €53,954 | €61,446 | €72,165 | €41,569 | ▼ 42.4% |
| Amounts receivable within one year40/41 | €30,904 | €29,895 | €28,963 | €28,496 | €29,972 | ▲ 5.2% |
| Trade receivables40 | €29,154 | €28,694 | €28,369 | €28,335 | €29,467 | ▲ 4.0% |
| Other amounts receivable41 | €1,750 | €1,201 | €595 | €161 | €505 | ▲ 214% |
| Cash at bank and in hand54/58 | €47,699 | €23,169 | €32,284 | €41,732 | €11,376 | ▼ 72.7% |
| Deferred charges and accrued income490/1 | €829 | €890 | €198 | €1,937 | €221 | ▼ 88.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €570,398 | €538,851 | €523,393 | €513,923 | €487,760 | ▼ 5.1% |
| Equity10/15 | €186,524 | €193,097 | €206,787 | €233,422 | €242,967 | ▲ 4.1% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Capital10 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Issued capital100 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Revaluation surpluses12 | €106,000 | €106,000 | €106,000 | €106,000 | €106,000 | = |
| Reserves13 | €3,229 | €5,629 | €6,319 | €8,000 | €8,000 | = |
| Non-distributable reserves130/1 | €3,229 | €5,629 | €6,319 | €8,000 | €8,000 | = |
| Legal reserve130 | €3,229 | €5,629 | €6,319 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | -€2,705 | €1,469 | €14,468 | €39,422 | €48,967 | ▲ 24.2% |
| Amounts payable17/49 | €383,874 | €345,754 | €316,606 | €280,501 | €244,792 | ▼ 12.7% |
| Amounts payable after more than one year17 | €224,736 | €197,721 | €175,770 | €154,306 | €135,363 | ▼ 12.3% |
| Financial debts170/4 | €224,736 | €197,721 | €175,770 | €154,306 | €135,363 | ▼ 12.3% |
| Amounts payable within one year42/48 | €159,138 | €148,032 | €139,294 | €126,195 | €109,429 | ▼ 13.3% |
| Current portion of amounts payable after more than one year42 | €46,166 | €27,014 | €21,952 | €24,843 | €22,556 | ▼ 9.2% |
| Trade debts44 | €8,152 | €1,440 | €218 | €527 | €449 | ▼ 14.7% |
| Suppliers440/4 | €8,152 | €1,440 | €218 | €527 | €449 | ▼ 14.7% |
| Taxes, remuneration and social security45 | €8,121 | €8,136 | €16,955 | €12,490 | €10,689 | ▼ 14.4% |
| Taxes450/3 | €8,121 | €8,136 | €16,955 | €12,490 | €10,689 | ▼ 14.4% |
| Other amounts payable47/48 | €96,700 | €111,442 | €100,170 | €88,335 | €75,735 | ▼ 14.3% |
| Accrued charges and deferred income492/3 | - | - | €1,542 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,589 | €6,574 | €13,689 | €26,635 | €9,545 | ▼ 64.2% |
| + Depreciation and write-downs630 | €18,490 | €22,658 | €22,950 | €17,983 | €14,306 | ▼ 20.4% |
| Operating cash flow (approximation) | €46,079 | €29,232 | €36,640 | €44,618 | €23,851 | ▼ 46.5% |
| Investment in fixed assets (approximation) | - | -€19,646 | -€3,055 | €2,206 | -€18,738 | ▼ 949% |
| Change in cash | - | -€24,531 | €9,115 | €9,449 | -€30,356 | ▼ 421% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Equity above €200,000Eq €206,787 ▲7.1%
6 profitable years in a row build equity to €206,787.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €6,574 ▼76.2%
Net result drops to €6,574, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
31-12
Financial
Highest result since 2018net €27,589 ▲14.5%
Operating result €48,718, net result €27,589, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €150,000Eq €158,935 ▲17.9%
3 profitable years in a row build equity to €158,935.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Nivelles · 1 establishment unit since 1991
Ground area
1,798 m²
Building footprint
295 m²
Volume, LiDAR
3,821 m³
Parcel 25072B0385/00N015, Wallonia · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Avenue d'Espagne 3, 1400 Nivelles
since 19912.052.226.129
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25072B0385/00N015 | Wallonia | 1,798 m² | 1 · 294 m² | 15.9 m · 4 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.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- AAPUS
- EIDER ENGINEERING
Highest known parent: AAPUS. The sources do not say who stands above it.
Owners 1
- AAPUSparent98%
Holdings 1
-
3.93%
According to the 2025 annual accounts of EIDER ENGINEERING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
International Medical Consulting Company
BE 0835.941.347
Pelt · Eq €242,940
The Online Nut Company
BE 0543.547.220
Heist-op-den-Berg · Eq €242,395
LEMACON
BE 0448.261.645
Zwevegem · Eq €243,660
ARCO
BE 0452.630.704
Bilzen-Hoeselt · Eq €242,171
WHY5RESEARCH
BE 0893.412.362
Antwerpen · Eq €242,002
Of 2,711 companies in sector 73200 we hold annual accounts for 1,787. 1,335 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPartnership limited by shares
Founded31-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443569518
Also
9925:BE0443569518
Registered
17-03-2026
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.