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EOLIS

Active
Public limited companyfounded 1989active for 37 yearsKattestraat 37, 1741 Ternat, BelgiumKBO/BCE: BE 0437.324.894
Summary

EOLIS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €616,783 and a net result of -€24,991. Equity is shrinking by about 3.5% per year across the filed financial years. Its solvency ranks better than 51% of 38,895 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€616,783▼ 3.9%
2024 · €641,774
Total assets
€1.1m▲ 1.1%
2024 · €1.1m
Net result
-€24,991▲ 10.4%
2024 · -€27,893
Working capital
€459,991▲ 12.4%
2024 · €409,074
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €12,815 in 2025 against €11,116 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.01m 2025 Net result-€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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€0.04m--€0.03m-€0.001m▲ 97.5%-€0.02m▼ 2,189%-€0.01m▲ 21.1%-€0.02m▼ 56.3%-€0.01m▲ 44.0%-€0.01m▼ 15.3%
Net result€0.02m--€0.03m-€0.02mbelow the sector's middle half▲ 31.0%€0.01mwithin the sector's middle half-€0.02mbelow the sector's middle half-€0.03mbelow the sector's middle half▼ 38.2%-€0.03mbelow the sector's middle half▲ 6.2%-€0.02mbelow the sector's middle half▲ 10.4%
Equity€0.8m-€0.8m▼ 4.7%€0.7mabove the sector's middle half▼ 3.4%€0.7mabove the sector's middle half▲ 0.2%€0.7mabove the sector's middle half▼ 4.5%€0.7mabove the sector's middle half▼ 4.3%€0.6mabove the sector's middle half▼ 4.2%€0.6mabove the sector's middle half▼ 3.9%
Total assets€1.2m-€1.2m▲ 1.2%€1.2mabove the sector's middle half▼ 6.1%€1.1mabove the sector's middle half▼ 2.0%€1.1mabove the sector's middle half▼ 1.4%€1.1mabove the sector's middle half▼ 1.6%€1.1mabove the sector's middle half▼ 3.4%€1.1mabove the sector's middle half▲ 1.1%
Debt€0.4m-€0.5m▲ 12.1%€0.4m▼ 10.4%€0.4m▼ 5.5%€0.4m▲ 4.3%€0.4m▲ 2.8%€0.4m▼ 2.2%€0.5m▲ 8.7%
Working capital€0.4m-€0.4m▲ 10.5%€0.4mabove the sector's middle half▼ 9.3%€0.4mabove the sector's middle half▼ 6.1%€0.4mabove the sector's middle half▲ 5.4%€0.4mabove the sector's middle half▲ 7.3%€0.4mabove the sector's middle half▲ 0.3%€0.5mabove the sector's middle half▲ 12.4%
Solvency64.9%-61.1%▼ 3.8pp62.9%within the sector's middle half▲ 1.8pp64.2%within the sector's middle half▲ 1.4pp62.2%within the sector's middle half▼ 2.1pp60.5%within the sector's middle half▼ 1.7pp60.0%within the sector's middle half▼ 0.5pp57.0%within the sector's middle half▼ 3.0pp
Current ratio20.44-26.24▲ 5.8033.29above the sector's middle half▲ 7.0418.97above the sector's middle half▼ 14.3222.60above the sector's middle half▲ 3.6333.58above the sector's middle half▲ 10.9851.91above the sector's middle half▲ 18.3357.03above the sector's middle half▲ 5.12
Return on assets (ROA)1.6%--2.1%▼ 3.7pp-1.5%below the sector's middle half▲ 0.5pp1.1%below the sector's middle half▲ 2.6pp-1.9%below the sector's middle half▼ 3.0pp-2.7%below the sector's middle half▼ 0.8pp-2.6%below the sector's middle half▲ 0.1pp-2.3%below the sector's middle half▲ 0.3pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €613,742 ▼ 6.0%
Current assets €468,201 ▲ 12.2%
Equity and liabilities €1.1m
Equity €616,783 ▼ 3.9%
Debt €465,160 ▲ 8.7%
Debt's share of the balance-sheet total rises from 40.0% to 43.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36,199▼
2024 · €40,787
Cash flow
€24,023▲
2024 · €24,010
Quick ratio
56.68▲
2024 · 51.48
Debt to equity
0.75▲
2024 · 0.67
ROE
-4.1%▲
2024 · -4.3%
Interest coverage
0.81▼
2024 · 1.22
Debt ≤ 1 year
€8,210▲
2024 · €8,036
Debt > 1 year
€456,950▲
2024 · €420,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.1m▲
Fixed assets21/28€0.7m€0.6m▼
Intangible fixed assets21€0.01m€0.007m▼
Tangible fixed assets22/27€0.6m€0.6m▼
Land and buildings22€0.5m€0.5m▼
Plant, machinery and equipment23€0.1m€0.09m▼
Current assets29/58€0.4m€0.5m▲
Stocks and contracts in progress3€0.003m€0.003m▼
Stocks30/36€0.003m€0.003m▼
Amounts receivable within one year40/41€0.002m€0.003m▲
Trade receivables40€363€0.002m▲
Other amounts receivable41€0.001m€0.001m▼
Current investments50/53€0.4m€0.3m▼
Cash at bank and in hand54/58€0.03m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▲
Equity10/15€0.6m€0.6m▼
Contributions10/11€0.4m€0.4m=
Capital10€0.4m€0.4m=
Issued capital100€0.4m€0.4m=
Reserves13€0.1m€0.1m=
Non-distributable reserves130/1€0.04m€0.04m=
Legal reserve130€0.04m€0.04m=
Tax-exempt reserves132€0.04m€0.04m=
Distributable reserves133€0.05m€0.05m=
Profit (loss) carried forward14€0.1m€0.08m▼
Amounts payable17/49€0.4m€0.5m▲
Amounts payable after more than one year17€0.4m€0.5m▲
Financial debts170/4€0.4m€0.5m▲
Other amounts payable178/9-€0.002m
Amounts payable within one year42/48€0.008m€0.008m▲
Current portion of amounts payable after more than one year42€0.002m-
Trade debts44€10€0.001m▲
Suppliers440/4€10€0.001m▲
Taxes, remuneration and social security45€0.006m€0.007m▲
Taxes450/3€0.006m€0.007m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.05m▼
Gross operating margin9900€0.04m€0.04m▼
Operating profit (loss)9901-€0.01m-€0.01m▼
Financial income75/76B€0.02m€0.03m▲
Recurring financial income75€0.02m€0.03m▲
Non-recurring financial income76B€306-
Financial charges65/66B€0.03m€0.04m▲
Recurring financial charges65€0.03m€0.04m▲
Profit (loss) for the period before taxes9903-€0.03m-€0.02m▲
Income taxes67/77-€0.001m-
Profit (loss) for the period9904-€0.03m-€0.02m▲
Profit (loss) for the period to be appropriated9905-€0.03m-€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.08m▼
Profit (loss) brought forward from the previous period14P€0.1m€0.1m▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,474€45,991€47,336€49,232€50,907€51,056€51,903€49,014▼ 5.6%
Gross operating margin9900€80,830€23,095€46,633€33,142€38,214€31,213€40,787€36,199▼ 11.2%
Operating profit (loss)9901€36,356-€27,902-€703-€16,090-€12,693-€19,843-€11,116-€12,815▼ 15.3%
Financial income75/76B---€139,949€12,276€26,939€16,036€32,555▲ 103%
Recurring financial income75€16,210€20,975€14,420€131,638€10,276€26,005€15,730€32,555▲ 107%
Non-recurring financial income76B---€8,311€2,000€934€306--
Financial charges65/66B---€106,651€22,400€36,834€33,487€44,731▲ 33.6%
Recurring financial charges65€29,934€20,906€31,345€106,651€22,400€36,834€33,487€44,731▲ 33.6%
Profit (loss) for the period before taxes9903€23,386-€27,833-€17,534€17,209-€22,817-€29,738-€28,567-€24,991▲ 12.5%
Income taxes67/77€3,435-€2,242€119€4,432-€1,293--€674--
Profit (loss) for the period9904€19,951-€25,591-€17,653€12,777-€21,524-€29,738-€27,893-€24,991▲ 10.4%
Profit (loss) for the period to be appropriated9905€19,951-€25,591-€17,653€12,777-€21,524-€29,738-€27,893-€24,991▲ 10.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.2m€1.2m€1.2m€1.1m€1.1m€1.1m€1.1m€1.1m▲ 1.1%
Fixed assets21/28€0.8m€0.8m€0.8m€0.8m€0.7m€0.7m€0.7m€0.6m▼ 6.0%
Intangible fixed assets21-€0.02m€0.02m€0.02m€0.01m€0.01m€0.01m€0.007m▼ 23.7%
Tangible fixed assets22/27€0.8m€0.8m€0.8m€0.7m€0.7m€0.7m€0.6m€0.6m▼ 5.7%
Land and buildings22---€0.6m€0.6m€0.6m€0.5m€0.5m▼ 5.1%
Plant, machinery and equipment23---€0.1m€0.1m€0.1m€0.1m€0.09m▼ 8.9%
Current assets29/58€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.5m▲ 12.2%
Stocks and contracts in progress3-€0.001m€0.001m€0.004m€0.004m€0.004m€0.003m€0.003m▼ 15.5%
Stocks30/36---€0.004m€0.004m€0.004m€0.003m€0.003m▼ 15.5%
Amounts receivable within one year40/41€0.02m€0.009m€0.02m€0.04m€0.001m€0.004m€0.002m€0.003m▲ 77.7%
Trade receivables40---€0.006m€0.001m€0.003m€363€0.002m▲ 409%
Other amounts receivable41---€0.03m-€0.001m€0.001m€0.001m▼ 18.6%
Current investments50/53€0.3m€0.4m€0.3m€0.2m€0.2m€0.4m€0.4m€0.3m▼ 13.6%
Cash at bank and in hand54/58€0.04m€0.07m€0.1m€0.1m€0.1m€0.006m€0.03m€0.1m▲ 337%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m€1.2m€1.1m€1.1m€1.1m€1.1m€1.1m▲ 1.1%
Equity10/15€0.8m€0.8m€0.7m€0.7m€0.7m€0.7m€0.6m€0.6m▼ 3.9%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Capital10---€0.4m€0.4m€0.4m€0.4m€0.4m=
Issued capital100---€0.4m€0.4m€0.4m€0.4m€0.4m=
Reserves13€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Non-distributable reserves130/1---€0.04m€0.04m€0.04m€0.04m€0.04m=
Legal reserve130---€0.04m€0.04m€0.04m€0.04m€0.04m=
Tax-exempt reserves132---€0.04m€0.04m€0.04m€0.04m€0.04m=
Distributable reserves133---€0.05m€0.05m€0.05m€0.05m€0.05m=
Profit (loss) carried forward14€0.3m€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m€0.08m▼ 23.0%
Amounts payable17/49€0.4m€0.5m€0.4m€0.4m€0.4m€0.4m€0.4m€0.5m▲ 8.7%
Amounts payable after more than one year17€0.4m€0.5m€0.4m€0.4m€0.4m€0.4m€0.4m€0.5m▲ 8.8%
Financial debts170/4---€0.4m€0.4m€0.4m€0.4m€0.5m▲ 8.3%
Other amounts payable178/9-------€0.002m-
Amounts payable within one year42/48€0.02m€0.02m€0.01m€0.02m€0.02m€0.01m€0.008m€0.008m▲ 2.2%
Current portion of amounts payable after more than one year42---€0.002m€0.002m€0.002m€0.002m--
Trade debts44-€0.002m€0.001m€0.004m€0.001m€0.006m€10€0.001m▲ 11,110%
Suppliers440/4---€0.004m€0.001m€0.006m€10€0.001m▲ 11,110%
Taxes, remuneration and social security45---€0.008m€0.007m€0.005m€0.006m€0.007m▲ 16.7%
Taxes450/3---€0.008m€0.007m€0.005m€0.006m€0.007m▲ 16.7%
Other amounts payable47/48---€0.006m€0.009m----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€19,951-€25,591-€17,653€12,777-€21,524-€29,738-€27,893-€24,991▲ 10.4%
+ Depreciation and write-downs630€44,474€45,991€47,336€49,232€50,907€51,056€51,903€49,014▼ 5.6%
Operating cash flow (approximation)€64,425€20,400€29,683€62,009€29,383€21,318€24,010€24,023▲ 0.1%
Investment in fixed assets (approximation)--€23,449-€15,928-€41,835-€18,213-€10,412-€17,600-€10,056▲ 42.9%
Change in cash-€20,994€39,215€19,066€21,633-€139,707€24,404€102,461▲ 320%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 37 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 29-05-2026 2026-00125957
31-12-2024 micro format 10-06-2025 2025-00128427
31-12-2023 micro format 13-06-2024 2024-00126701
31-12-2022 micro format 15-06-2023 2023-00128523
31-12-2021 micro format 25-06-2022 2022-20092130
31-12-2020 micro format 12-06-2021 2021-19300279
31-12-2019 micro format 30-06-2020 2020-22400479
31-12-2018 micro format 19-06-2019 2019-19400421
31-12-2017 abbreviated format 09-06-2018 2018-16900085
31-12-2016 abbreviated format 09-06-2017 2017-15700018

Show all 37 filings

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Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,876. 33,189 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.