EIKENAAR
ActiveEIKENAAR has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361k and a net result of €-335k. Equity is shrinking by ~28% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 27% of 189 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
7
/ 100
Critical▼ -56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-32
Solvency22▼-35
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 1.36 in 2024), and 82.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 d early
2024
9 d early
2023
12 d early
2022
14 d early
2021
61 d late
2020
60 d late
2019
68 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
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-335k
2024 · €45k
2023: €94k
2024: €45k
2023 → 2025
Working capital
€-52k
2024 · €361k
2023: €570k
2024: €361k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€750k-€695k▼ 7.3%€361k▼ 48.1%
Operating result€172k-€95k▼ 44.4%€-295k
Net result€94k-€45k▼ 52.2%€-335k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €295k after €95k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.01M
Fixed assets
€881k▼ 9.4%
Current assets
€1.13M▼ 17.8%
Equity and liabilities €2.01M
Equity
€361k▼ 48.1%
Provisions
€95k▼ 51.2%
Debt
€1.56M▲ 6.8%
The debt ratio rises from 62.1% to 77.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-198k▼
2024 · €214k
Cash flow
€-237k▼
2024 · €163k
Solvency
17.9%▼
2024 · 29.6%
Current ratio
0.96▼
2024 · 1.36
Quick ratio
0.73▼
2024 · 0.83
Debt / equity
4.31▲
2024 · 2.10
ROE
-92.8%▼
2024 · 6.5%
ROA
-16.6%▼
2024 · 1.9%
Interest coverage
-4.44▼
2024 · 6.51
Debt
€1.56M▲
2024 · €1.46M
Debt ≤ 1 year
€1.18M▲
2024 · €1.01M
Debt > 1 year
€272k▼
2024 · €337k
Income taxes
€1k▼
2024 · €23k
Staff costs
€646k▼
2024 · €860k
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
Total assets
20/58€2.35M€2.01M▼
Fixed assets
21/28€972k€881k▼
Tangible fixed assets
22/27€814k€724k▼
Financial fixed assets
28€157k€156k▼
Current assets
29/58€1.38M€1.13M▼
Stocks & contracts in progress
3€531k€265k▼
Amounts receivable within one year
40/41€601k€622k▲
Cash & bank
54/58€94k€177k▲
Total equity & liabilities
10/49€2.35M€2.01M▼
Equity
10/15€695k€361k▼
Contributions / capital
10/11€308k€308k=
Reserves
13€387k€52k▼
Provisions & deferred taxes
16€195k€95k▼
Amounts payable
17/49€1.46M€1.56M▲
Amounts payable after one year
17€337k€272k▼
Amounts payable within one year
42/48€1.01M€1.18M▲
Trade debts payable within one year
44€594k€536k▼
Income statement
Code20242025
Gross operating margin
9900€1.11M€478k▼
Operating result
9901€95k€-295k▼
Financial income
75€5k€6k▲
Financial charges
65€33k€45k▲
Result before taxes
9903€68k€-333k▼
Income taxes
67/77€23k€1k▼
Net result for the period
9904€45k€-335k▼
Result to be appropriated
9905€45k€-335k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
06-05
State Gazette act
Open capture
Seat change · Board meeting · Permanent representative · Act object
2025
31-12
Financial
Weakest financial yearnet €-335k ▼846%
Net result drops to €-335k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
12-06
State Gazette act
Director changes
v3.2
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
17-07
State Gazette act
Director changes
v3.2
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-12
State Gazette act
Director changes
v3.2
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
20-04
State Gazette act
Director changes
v3.2
15-02
State Gazette act
Statutes amendment
v3.2
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-08
State Gazette act
Director changes
v3.2
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
7 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 7 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2024
All 3 current directors first appear in the same act (24107977). Founders or capital subscribers may have been counted as directors here.
L J S L
CurrentDirector · since 24-05-2024 · Private limited company · perm. rep.: Jan EIKENAAR
Sophie EIKENAAR
CurrentDirector · since 24-05-2024
Luc EIKENAAR
CurrentDirector · since 13-08-2018
24-05-2024
L J S L: Appointed as Director
24-05-2024
L J S L: Appointed as Managing director
24-05-2024
Sophie EIKENAAR: Appointed as Director
24-05-2024
Sophie EIKENAAR: Appointed as Managing director
24-05-2024
Luc EIKENAAR: Appointed as Director
24-05-2024
Luc EIKENAAR: Appointed as Managing director
9 further events in the mandate history. Available in Kantoor S.
See plans →
Not every act has been read: a resignation may be missing here
2 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Bree · 1 establishment unit since 1991
Ground area
1.1 ha
Building footprint
25 m²
Parcel 72403A1505/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Industrieterrein Kanaal-Noord 1669, 3960 Bree
since 19912.053.445.755
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72403A1505/00A000 | Flanders | 1.1 ha | 1 · 25 m² | - |
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.
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
EIKENAARBE 0444.426.185
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Of 2,325 companies in sector 42110 we hold annual accounts for 1,071. 783 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-06-1991
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
45112
45215
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 7 actsNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 24-08-2026. Scores and ratios are computed by Checked and are not a credit decision.