EIDER ENGINEERING
ActiveSummary
EIDER ENGINEERING has the legal form “Partnership limited by shares” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €242,967 and a net result of €9,545. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 55% of 832 sector peers (NACE 73, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, full format
2025 annual accounts filed late (20 days) Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00409272.
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
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 52% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€20,822
2025
Net result€9,545
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€487,760
2025
Equity€242,967
2025
Debt€244,792
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€67,860
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)2.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency49.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.38
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€22,900-€25,176▲ 9.9%€37,052▲ 47.2%€48,718▲ 31.5%€20,424▼ 58.1%€28,083▲ 37.5%€43,345▲ 54.3%€20,822▼ 52.0%
Net result€10,789-€14,142▲ 31.1%€24,101within the sector's middle half▲ 70.4%€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€120,692-€134,833▲ 11.7%€158,935within the sector's middle half▲ 17.9%€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€199,635-€349,642▲ 75.1%€586,545within the sector's middle half▲ 67.8%€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€78,944-€214,809▲ 172%€427,611▲ 99.1%€383,874▼ 10.2%€345,754▼ 9.9%€316,606▼ 8.4%€280,501▼ 11.4%€244,792▼ 12.7%
Working capital€19,687-€25,290▲ 28.5%-€74,857below the sector's middle half-€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%
Solvency60.5%-38.6%▼ 21.9pp27.1%within the sector's middle half▼ 11.5pp32.7%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 ratio1.53-1.62▲ 0.090.51below the sector's middle half▼ 1.110.50below 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)5.4%-4.0%▼ 1.4pp4.1%within the sector's middle half▲ 0.1pp4.8%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 of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,705 | €22,267 | €17,374 | €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 | €35,149 | €49,769 | €58,508 | €71,693 | €44,485 | €52,685 | €64,654 | €37,394 | ▼ 42.2% |
| Operating profit (loss)9901 | €22,900 | €25,176 | €37,052 | €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 | €2,687 | €1,726 | €4,950 | €7,387 | €5,958 | €6,630 | €5,808 | €5,287 | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | €20,214 | €23,450 | €32,101 | €41,331 | €14,466 | €21,454 | €37,536 | €15,535 | ▼ 58.6% |
| Income taxes67/77 | €9,424 | €9,308 | €8,000 | €13,742 | €7,892 | €7,764 | €10,901 | €5,990 | ▼ 45.1% |
| Profit (loss) for the period9904 | €10,789 | €14,142 | €24,101 | €27,589 | €6,574 | €13,689 | €26,635 | €9,545 | ▼ 64.2% |
| Profit (loss) for the period to be appropriated9905 | €10,789 | €14,142 | €24,101 | €27,589 | €6,574 | €13,689 | €26,635 | €9,545 | ▼ 64.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €199,635 | €349,642 | €586,545 | €570,398 | €538,851 | €523,393 | €513,923 | €487,760 | ▼ 5.1% |
| Formation expenses20 | - | €12,220 | €9,165 | €6,110 | €3,055 | - | - | - | - |
| Fixed assets21/28 | €142,683 | €271,289 | €498,569 | €484,855 | €481,843 | €461,947 | €441,758 | €446,190 | ▲ 1.0% |
| Tangible fixed assets22/27 | €142,683 | €271,289 | €273,569 | €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 | €225,000 | €242,520 | ▲ 7.8% |
| Current assets29/58 | €56,952 | €66,133 | €78,812 | €79,433 | €53,954 | €61,446 | €72,165 | €41,569 | ▼ 42.4% |
| Amounts receivable within one year40/41 | €46,515 | €55,930 | €55,469 | €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 | €2,687 | €6,008 | €22,578 | €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 | €199,635 | €349,642 | €586,545 | €570,398 | €538,851 | €523,393 | €513,923 | €487,760 | ▼ 5.1% |
| Equity10/15 | €120,692 | €134,833 | €158,935 | €186,524 | €193,097 | €206,787 | €233,422 | €242,967 | ▲ 4.1% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €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 | €3,229 | €3,229 | €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 | -€68,537 | -€54,395 | -€30,294 | -€2,705 | €1,469 | €14,468 | €39,422 | €48,967 | ▲ 24.2% |
| Amounts payable17/49 | €78,944 | €214,809 | €427,611 | €383,874 | €345,754 | €316,606 | €280,501 | €244,792 | ▼ 12.7% |
| Amounts payable after more than one year17 | €41,678 | €170,425 | €258,401 | €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 | €37,266 | €40,843 | €153,669 | €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 | €2,267 | €1,631 | €26,602 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,789 | €14,142 | €24,101 | €27,589 | €6,574 | €13,689 | €26,635 | €9,545 | ▼ 64.2% |
| + Depreciation and write-downs630 | €9,705 | €22,267 | €17,374 | €18,490 | €22,658 | €22,950 | €17,983 | €14,306 | ▼ 20.4% |
| Operating cash flow (approximation) | €20,494 | €36,409 | €41,475 | €46,079 | €29,232 | €36,640 | €44,618 | €23,851 | ▼ 46.5% |
| Investment in fixed assets (approximation) | - | -€150,873 | -€244,653 | -€4,776 | -€19,646 | -€3,055 | €2,206 | -€18,738 | - |
| Change in cash | - | €3,322 | €16,570 | €25,121 | -€24,531 | €9,115 | €9,449 | -€30,356 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 20-08-2026 | 2026-00409272 |
| 31-12-2024 | full format | 28-07-2025 | 2025-00315456 |
| 31-12-2023 | full format | 29-08-2024 | 2024-00418140 |
| 31-12-2022 | full format | 06-07-2023 | 2023-00207761 |
| 31-12-2021 | full format | 02-08-2022 | 2022-20261088 |
| 31-12-2020 | full format | 16-06-2021 | 2021-20400192 |
| 31-12-2019 | full format | 22-06-2020 | 2020-19000135 |
| 31-12-2018 | full format | 27-06-2019 | 2019-23700241 |
| 31-12-2017 | full format | 20-06-2018 | 2018-20800154 |
| 31-12-2016 | full format | 29-08-2017 | 2017-50300076 |
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Of the 2,649 active companies whose main activity is market research and public opinion polling (NACE 73200), figures are known for 1,746. 1,300 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.