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EIFELER MONTAGE UND WARTUNG

Active Public limited companyfounded 2011active for 15 yearsMorsheck 2, 4750 ButgenbachKBO/BCE: BE 0838.766.918

Lifetime

14 annual accounts with figures on one time axis
peak €485,592 (2017)
€172,450▼ 39.6%
lowest -€100,503 (2013)
€12,936▲ 424%
peak €559,031 (2025)
€559,031▲ 2.4%
€993,580▼ 24.3%
peak 1 FTE (2023)
1 FTEunchanged
Board4 names since 2026
- 
Owners4 names in the annual accounts
25%HAAS Ingrid and 2 others
Documentsfilings and deeds
03-06-202658 days before the deadline
2025financial year
Gross margin from €285,578 to €172,450Result from €2,470 to €12,936Debts from €1.3m to €993,580Cash from €12,448 to €24,062

Key points

from the 2025 annual accounts

Equity

€559,031 ▲ 2.4%

EIFELER MONTAGE UND WARTUNG has made a profit without a break since 2017.

Investments

€23,100 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Two of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.

Checked score

89
Excellent
Financially stronger than 44% of micro companies in electricity, gas and steam (NACE 35)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 544 companies (NACE 35, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Average

61+7equity 36.0% of total assets
23=short-term debt 56.8% · cash 1.5%
70+1return on assets 0.8%

Score breakdown

raises risk
Liquidity: current ratio 0.71, cash €24,062
lowers risk
Size: 1 FTE, total assets €1.6m
Figures for financial year 2025 (filed on 05-06-2026)
Founded in 2011
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, micro). It does better than 47% of them on solvency, 15% on liquidity, 59% on profitability and 57% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as EIFELER MONTAGE UND WARTUNG has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of EIFELER MONTAGE UND WARTUNG itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for EIFELER MONTAGE UND WARTUNG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.71 (0.79 in 2024), below 1. Short-term debt is 56.8% and cash 1.5% of total assets. 64% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 1 FTE, total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-06-2026)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.71, cash €24,062
NBB · annual accounts
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
8 days early
2023
13 days early
2022
on the day
2021
37 days early
2020
7 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

NH
Director
  • HAAS Ingrid 25%score 97equity €500,422 (2025) · 2025 annual accounts of HAAS Ingrid
  • INTER 24%equity €3.6m (2025) · 2025 annual accounts of INTER
  • MERCATOR 24%score 95equity €7.9m (2025) · 2025 annual accounts of MERCATOR

Shares in 1 company, EMZ WERKE MANDERFELD

Board & ownership

Recent changes

1 director appointed, 4 reappointments Appointment: Norbert HAAS (managing director) · Reappointments: Joseph HAAS, Norbert HAAS, Thomas HAAS and Ingrid HAAS · General meeting of 15-04-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0838766918
Company renamed from EIFEL-ENERGIE AG to EIFELER MONTAGE UND WARTUNG “Erzeugung und Produktion von Elektrizität; Handel von Elektrizitäten und Derivaten; Erzeugung,Produktion und…” (deed in German) · General meeting of 03-11-2020 · Gazette deed
First establishment Morsheck 2, Butgenbach
All 24 events

Comparable companies

same main activity, similar in size and age
Company
EIFELER MONTAGE UND WARTUNG Butgenbach €1.6m €172,450 36.0% 1
VENTS DU SUD Arlon €1.6m €128,352 94.6% 2.4
TT & NICO IMMO-ENERGIE Heusden-Zolder €0.9m €85,708 50.0% 0.5
KT WIND ZELE Sint-Gillis-Waas €1.8m €481,416 50.4% 0
EOLIENNES DE LORRAINE Arlon €2.1m €525,739 49.8% 0
ZANDVOORDE GREEN INVEST Kortrijk €2.4m €553,720 45.4% 0
GROEIKRACHT HOOIKT Lier €0.9m €53,307 32.7% 0

These companies have the same main activity as EIFELER MONTAGE UND WARTUNG: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €852,000 and €2.4m, founded between 2008 and 2013.

Official details

Source: KBO
Status
Active since 22-08-2011Normal situation
Activity
Production of electricity from non-renewable sourcesNACE 35110and 6 others
Establishment unit
2.202.337.0924750 Butgenbach, since 22-09-2011
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

≈ €440,000estimated
€1.6m▼ 16.5%
Employeeson 31-12-2025
1=
Filing
Filed on 03-06-2026, 58 days before the end of the filing period
Financials

Insights on EIFELER MONTAGE UND WARTUNG

EIFELER MONTAGE UND WARTUNG has existed since 2011. In 2020 the gross margin rose from €95,462 to €365,223.

Solvency rose in 2025 from 29.4% to 36.0% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about EIFELER MONTAGE UND WARTUNG

What is the company number of EIFELER MONTAGE UND WARTUNG?
The company number of EIFELER MONTAGE UND WARTUNG is 0838.766.918. The VAT number is the same number with BE in front: BE 0838.766.918.
Where is EIFELER MONTAGE UND WARTUNG based?
The registered office is at Morsheck 2, 4750 Butgenbach.Company details
What does EIFELER MONTAGE UND WARTUNG do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of EIFELER MONTAGE UND WARTUNG?
EIFELER MONTAGE UND WARTUNG is a public limited company (NV).
When was EIFELER MONTAGE UND WARTUNG founded?
EIFELER MONTAGE UND WARTUNG was founded on 22-08-2011.
Is EIFELER MONTAGE UND WARTUNG still active?
Yes, EIFELER MONTAGE UND WARTUNG is an active enterprise in the KBO register.
How many employees does EIFELER MONTAGE UND WARTUNG have?
EIFELER MONTAGE UND WARTUNG had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of EIFELER MONTAGE UND WARTUNG?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €172,450 and 1,646 comparable companies of the same size. It probably lies between €270,000 and €820,000. It is a rough estimate.
Is EIFELER MONTAGE UND WARTUNG profitable?
In financial year 2025, EIFELER MONTAGE UND WARTUNG made a profit of €12,936.
Where can I find the annual accounts of EIFELER MONTAGE UND WARTUNG?
EIFELER MONTAGE UND WARTUNG filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EIFELER MONTAGE UND WARTUNG due?
EIFELER MONTAGE UND WARTUNG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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