EOL Belgium
ActiveSummary
EOL Belgium has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.34M and a net result of €124k. Equity is growing by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▲+1
Solvency100▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 4.14 against 2.23 in 2023; short-term debt: 7.7% and cash: 1.3% of total assets), and 21.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
78.1%
Return on assets
2.9%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
36 d early
2022
41 d early
2021
3 d early
2020
59 d late
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€124k▲ 81.3%
2023 · €69k
2018: €90k
2019: €186k
2020: €-52k
2021: €278k
2022: €1.97M
2023: €69k
2018 → 2024
Working capital
€1.03M▲ 21.8%
2023 · €849k
2018: €81k
2019: €-160k
2020: €182k
2021: €171k
2022: €1.03M
2023: €849k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€898k-€1.18M▲ 30.9%€3.14M▲ 167%€3.21M▲ 2.2%€3.34M▲ 3.9%
Operating result€93k-€-10k€-200k▼ 1,906%€-69k▲ 65.5%€-98k▼ 41.4%
Net result€-52k-€278k€1.97M▲ 609%€69k▼ 96.5%€124k▲ 81.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €98k in 2024 against €69k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.27M
Fixed assets
€2.91M ▼ 6.0%
Current assets
€1.36M ▼ 11.6%
Equity and liabilities €4.27M
Equity
€3.34M ▲ 3.9%
Debt
€934k ▼ 34.3%
The debt ratio falls from 30.7% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-21k▼
2023 · €-3k
Cash flow
€201k▲
2023 · €135k
Current ratio
4.14▲
2023 · 2.23
Debt / equity
0.28▼
2023 · 0.44
ROE
3.7%▲
2023 · 2.1%
ROA
2.9%▲
2023 · 1.5%
Interest coverage
-0.18▼
2023 · -0.04
Debt ≤ 1 year
€329k▼
2023 · €693k
Debt > 1 year
€575k▼
2023 · €715k
Income taxes
€13k▲
2023 · €7k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.63M€4.27M▼
Fixed assets21/28€3.09M€2.91M▼
Tangible fixed assets22/27€1.73M€1.82M▲
Land and buildings22€1.49M€1.59M▲
Plant, machinery and equipment23€49k€40k▼
Furniture and vehicles24€186k€198k▲
Other tangible fixed assets26€103€0▼
Financial fixed assets28€1.36M€1.08M▼
Current assets29/58€1.54M€1.36M▼
Amounts receivable within one year40/41€335k€440k▲
Trade receivables40€0-
Other amounts receivable41€335k€440k▲
Current investments50/53€1.19M€869k▼
Cash at bank and in hand54/58€11k€54k▲
Deferred charges and accrued income490/1€652€722▲
Equity and liabilities
Total equity and liabilities10/49€4.63M€4.27M▼
Equity10/15€3.21M€3.34M▲
Contributions10/11€303k€303k=
Reserves13€1.28M€1.41M▲
Distributable reserves133€1.28M€1.41M▲
Profit (loss) carried forward14€1.63M€1.63M=
Amounts payable17/49€1.42M€934k▼
Amounts payable after more than one year17€715k€575k▼
Financial debts170/4€715k€575k▼
Amounts payable within one year42/48€693k€329k▼
Current portion of amounts payable after more than one year42€284k€140k▼
Financial debts43-€746
Credit institutions430/8-€746
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€93k€12k▼
Taxes450/3€93k€12k▼
Other amounts payable47/48€313k€175k▼
Accrued charges and deferred income492/3€14k€30k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€76k▲
Other operating charges640/8€4k€6k▲
Non-recurring operating charges66A€455€0▼
Gross operating margin9900€1k€-15k▼
Operating profit (loss)9901€-69k€-98k▼
Financial income75/76B€215k€353k▲
Recurring financial income75€215k€353k▲
Non-recurring financial income76B€0-
Financial charges65/66B€70k€118k▲
Recurring financial charges65€70k€118k▲
Profit (loss) for the period before taxes9903€75k€137k▲
Income taxes67/77€7k€13k▲
Profit (loss) for the period9904€69k€124k▲
Profit (loss) for the period to be appropriated9905€69k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.69M€1.75M▲
Profit (loss) brought forward from the previous period14P€1.63M€1.63M=
Transfer to equity691/2€69k€124k▲
To other reserves6921€69k€124k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.97M ▲609%
Net result €1.97M, the highest in the series.
31-12
Financial
Equity above €2MEq €3.14M ▲167%
2 profitable years in a row build equity to €3.14M.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €278k
Net result €278k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.18M ▲30.9%
Equity rises from €898k to €1.18M.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
31-12
Financial
Weakest financial yearnet €-52k ▼128%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 2.00
Current ratio from 0.68 to 2.00; short-term debt falls from €509k to €182k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Brussel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Welgelegenstraat 21/231000 BrusselGround area
405 m²
Building footprint
366 m²
Volume, LiDAR
7,122 m³
2 parcels, Brussels · tallest building 27.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Waterloose Steenweg 468, 1050 Elsene
since 20132.216.239.865
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0088/00D003 | Brussels | 261 m² | 1 · 226 m² | 27.0 m · 7 fl. |
| 21447B0305/00S018 | Brussels | 144 m² | 1 · 140 m² | 23.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600QMEIL13T54OD74
Similar companies · same sector, comparable size
EIFEL - INVEST
BE 0436.506.334
Büllingen · Eq €3.34M
JR CONSULTING
BE 0546.820.870
Pelt · Eq €3.34M
Fipra International
BE 0733.774.811
Brussel · Eq €3.33M
POLDERBLUES STABLES
BE 0831.923.270
Beveren-Kruibeke-Zwijndrecht · Eq €3.33M
HUPPELDEPUP
BE 0460.420.495
Leuven · Eq €3.34M
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 14,803 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2012
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.