ENTIRUS GROUP
Open bankruptcyFinancials · financial year 2024, abbreviated format
2024 annual accounts filed late (29 days) Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00465508.
Equity
€1,207
2023 · -€12,909
Total assets
€885,335▲ 34.7%
2023 · €657,478
Net result
€14,116▼ 64.0%
2023 · €39,231
Working capital
-€45,417▲ 25.4%
2023 · -€60,906
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result has fallen two years in a row; 2024 is 29% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€39,172
2024
Net result€14,116
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€885,335
2024
Equity€1,207
2024
Debt€884,129
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€45,417
2024
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)1.6%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency0.1%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.95
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)7.6
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€308,699-€133,307€34,088▼ 74.4%€33,425▼ 1.9%€59,277▲ 77.3%€55,525▼ 6.3%€39,172▼ 29.5%
Net result-€309,286-€124,675€26,582within the sector's middle half▼ 78.7%€31,920above the sector's middle half▲ 20.1%€53,453within the sector's middle half▲ 67.5%€39,231within the sector's middle half▼ 26.6%€14,116within the sector's middle half▼ 64.0%
Equity-€288,769--€164,094▲ 43.2%-€137,513below the sector's middle half▲ 16.2%-€105,592below the sector's middle half▲ 23.2%-€52,140below the sector's middle half▲ 50.6%-€12,909below the sector's middle half▲ 75.2%€1,207below the sector's middle half
Total assets€297,158-€268,010▼ 9.8%€321,639below the sector's middle half▲ 20.0%€295,159within the sector's middle half▼ 8.2%€430,290within the sector's middle half▲ 45.8%€657,478within the sector's middle half▲ 52.8%€885,335within the sector's middle half▲ 34.7%
Debt€585,928-€432,105▼ 26.3%€459,152▲ 6.3%€400,751▼ 12.7%€482,429▲ 20.4%€670,387▲ 39.0%€884,129▲ 31.9%
Working capital-€173,288--€67,731▲ 60.9%-€139,200below the sector's middle half▼ 106%-€136,282below the sector's middle half▲ 2.1%-€89,708below the sector's middle half▲ 34.2%-€60,906below the sector's middle half▲ 32.1%-€45,417below the sector's middle half▲ 25.4%
Solvency-97.2%--61.2%▲ 36.0pp-42.8%below the sector's middle half▲ 18.5pp-35.8%below the sector's middle half▲ 7.0pp-12.1%below the sector's middle half▲ 23.7pp-2.0%below the sector's middle half▲ 10.2pp0.1%below the sector's middle half▲ 2.1pp
Current ratio0.58-0.76▲ 0.180.67below the sector's middle half▼ 0.090.62below the sector's middle half▼ 0.050.81below the sector's middle half▲ 0.190.90below the sector's middle half▲ 0.090.95below the sector's middle half▲ 0.05
Return on assets (ROA)-104.1%-46.5%▲ 150.6pp8.3%within the sector's middle half▼ 38.3pp10.8%within the sector's middle half▲ 2.6pp12.4%above the sector's middle half▲ 1.6pp6.0%within the sector's middle half▼ 6.5pp1.6%within the sector's middle half▼ 4.4pp
Staff (FTE)2-2.4▲ 20.0%3within the sector's middle half▲ 25.0%3.2▲ 6.7%4.1within the sector's middle half▲ 28.1%6.5within the sector's middle half▲ 58.5%7.6within the sector's middle half▲ 16.9%
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: 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.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €885,335
Fixed assets
€92,765 ▼ 21.6%
Current assets
€792,571 ▲ 47.0%
Equity and liabilities €885,335
Equity
€1,207
Debt
€884,129
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€72,103▼
2023 · €78,291
Cash flow
€47,046▼
2023 · €61,997
Interest coverage
5.58▼
2023 · 8.08
Debt ≤ 1 year
€837,988▲
2023 · €600,020
Debt > 1 year
€45,110▼
2023 · €69,076
Income taxes
€13,816▲
2023 · €6,872
Staff costs
€519,201▲
2023 · €415,016
A ratio outside any meaningful range has been withheld (balance sheet total €885,335, equity €1,207).
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 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14,213 | €9,352 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €100,597 | €201,406 | €415,016 | €519,201 | ▲ 25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,054 | €32,461 | €32,008 | €15,900 | €18,590 | €22,766 | €32,930 | ▲ 44.6% |
| Other operating charges640/8 | - | - | - | €3,209 | €3,899 | €2,521 | €1,760 | ▼ 30.2% |
| Non-recurring operating charges66A | - | - | - | €261 | €0 | - | - | - |
| Gross operating margin9900 | -€197,063 | €273,719 | €207,980 | €153,392 | €283,172 | €495,828 | €593,063 | ▲ 19.6% |
| Operating profit (loss)9901 | -€308,699 | €133,307 | €34,088 | €33,425 | €59,277 | €55,525 | €39,172 | ▼ 29.5% |
| Financial income75/76B | - | - | - | €5,777 | €1,562 | €272 | €1,689 | ▲ 520% |
| Recurring financial income75 | €62 | €1,239 | €183 | €20 | €1,562 | €272 | €1,689 | ▲ 520% |
| Non-recurring financial income76B | - | - | - | €5,757 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €6,166 | €7,214 | €9,694 | €12,929 | ▲ 33.4% |
| Recurring financial charges65 | €3,713 | €8,519 | €6,691 | €4,550 | €5,151 | €9,694 | €12,929 | ▲ 33.4% |
| Non-recurring financial charges66B | - | - | - | €1,616 | €2,063 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€308,065 | €125,798 | €27,580 | €33,037 | €53,626 | €46,103 | €27,932 | ▼ 39.4% |
| Income taxes67/77 | €1,221 | €1,123 | €998 | €1,116 | €173 | €6,872 | €13,816 | ▲ 101% |
| Profit (loss) for the period9904 | -€309,286 | €124,675 | €26,582 | €31,920 | €53,453 | €39,231 | €14,116 | ▼ 64.0% |
| Profit (loss) for the period to be appropriated9905 | -€309,286 | €124,675 | €26,582 | €31,920 | €53,453 | €39,231 | €14,116 | ▼ 64.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €297,158 | €268,010 | €321,639 | €295,159 | €430,290 | €657,478 | €885,335 | ▲ 34.7% |
| Fixed assets21/28 | €57,826 | €52,907 | €43,916 | €73,877 | €55,886 | €118,364 | €92,765 | ▼ 21.6% |
| Intangible fixed assets21 | €334 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €52,692 | €50,707 | €41,464 | €71,425 | €53,434 | €115,912 | €90,313 | ▼ 22.1% |
| Plant, machinery and equipment23 | - | - | - | €2,471 | €1,995 | €2,169 | €1,499 | ▼ 30.9% |
| Furniture and vehicles24 | - | - | - | €1,157 | €170 | €7,554 | €8,063 | ▲ 6.7% |
| Leasing and similar rights25 | - | - | - | €48,952 | €35,062 | €92,622 | €69,822 | ▼ 24.6% |
| Other tangible fixed assets26 | - | - | - | €18,845 | €16,206 | €13,567 | €10,929 | ▼ 19.4% |
| Financial fixed assets28 | €4,800 | €2,200 | €2,452 | €2,452 | €2,452 | €2,452 | €2,452 | = |
| Current assets29/58 | €239,333 | €215,104 | €277,723 | €221,282 | €374,404 | €539,114 | €792,571 | ▲ 47.0% |
| Stocks and contracts in progress3 | - | €3,500 | €3,500 | €0 | €60,000 | €20,000 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €0 | - | - | - | - |
| Contracts in progress37 | - | - | - | - | €60,000 | €20,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €217,147 | €156,611 | €211,601 | €187,547 | €233,273 | €345,459 | €577,029 | ▲ 67.0% |
| Trade receivables40 | - | - | - | €167,515 | €213,273 | €325,190 | €557,029 | ▲ 71.3% |
| Other amounts receivable41 | - | - | - | €20,033 | €20,000 | €20,269 | €20,000 | ▼ 1.3% |
| Cash at bank and in hand54/58 | €11,997 | €52,170 | €54,075 | €26,811 | €76,401 | €152,679 | €193,723 | ▲ 26.9% |
| Deferred charges and accrued income490/1 | - | - | - | €6,923 | €4,730 | €20,976 | €21,819 | ▲ 4.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €297,158 | €268,010 | €321,639 | €295,159 | €430,290 | €657,478 | €885,335 | ▲ 34.7% |
| Equity10/15 | -€288,769 | -€164,094 | -€137,513 | -€105,592 | -€52,140 | -€12,909 | €1,207 | - |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €30,195 | €30,195 | €30,195 | €30,195 | €30,195 | €30,195 | €30,195 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | - | €28,195 | €28,195 | €28,195 | €28,195 | = |
| Profit (loss) carried forward14 | -€338,965 | -€214,289 | -€187,708 | -€155,787 | -€102,335 | -€63,104 | -€48,988 | ▲ 22.4% |
| Amounts payable17/49 | €585,928 | €432,105 | €459,152 | €400,751 | €482,429 | €670,387 | €884,129 | ▲ 31.9% |
| Amounts payable after more than one year17 | €75,717 | €46,516 | €39,663 | €42,901 | €17,588 | €69,076 | €45,110 | ▼ 34.7% |
| Financial debts170/4 | - | - | - | €31,651 | €17,588 | €69,076 | €45,110 | ▼ 34.7% |
| Trade debts175 | - | - | - | €11,250 | €0 | - | - | - |
| Amounts payable within one year42/48 | €412,620 | €282,834 | €416,923 | €357,563 | €464,112 | €600,020 | €837,988 | ▲ 39.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,312 | €14,063 | €23,130 | €23,966 | ▲ 3.6% |
| Financial debts43 | - | - | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Credit institutions430/8 | - | - | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Trade debts44 | €127,299 | €70,761 | €188,905 | €68,186 | €164,948 | €274,851 | €486,668 | ▲ 77.1% |
| Suppliers440/4 | - | - | - | €68,186 | €164,948 | €274,851 | €486,668 | ▲ 77.1% |
| Taxes, remuneration and social security45 | - | - | - | €20,151 | €30,538 | €47,718 | €72,750 | ▲ 52.5% |
| Taxes450/3 | - | - | - | €16,816 | €14,713 | €20,278 | €39,068 | ▲ 92.7% |
| Remuneration and social security454/9 | - | - | - | €3,335 | €15,825 | €27,440 | €33,682 | ▲ 22.7% |
| Other amounts payable47/48 | - | - | - | €103,914 | €104,562 | €104,322 | €104,604 | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | €286 | €730 | €1,291 | €1,031 | ▼ 20.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€309,286 | €124,675 | €26,582 | €31,920 | €53,453 | €39,231 | €14,116 | ▼ 64.0% |
| + Depreciation and write-downs630 | €31,054 | €32,461 | €32,008 | €15,900 | €18,590 | €22,766 | €32,930 | ▲ 44.6% |
| Operating cash flow (approximation) | -€278,232 | €157,136 | €58,590 | €47,820 | €72,043 | €61,997 | €47,046 | ▼ 24.1% |
| Investment in fixed assets (approximation) | - | -€27,542 | -€23,017 | -€45,861 | -€599 | -€85,245 | -€7,331 | ▲ 91.4% |
| Change in cash | - | €40,172 | €1,905 | -€27,264 | €49,590 | €76,278 | €41,044 | ▼ 46.2% |
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 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00465508 |
| 31-12-2023 | abbreviated format | 20-08-2024 | 2024-00365111 |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00183380 |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20298936 |
| 31-12-2020 | abbreviated format | 19-03-2021 | 2021-07900266 |
| 31-12-2019 | abbreviated format | 26-03-2020 | 2020-07600104 |
| 31-12-2018 | abbreviated format | 05-07-2019 | 2019-29300286 |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-24500062 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-37400224 |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-23200017 |
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Of the 29,199 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,152. 2,196 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €606 awarded · €481 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €60 | €60 |
| 2024 | 1 | €421 | €421 |
| 2023 | 1 | €125 | €0 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.