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EUCLIDES

Active Private limited companyfounded 1984active for 42 yearsEchel 86, 9401 NinoveKBO/BCE: BE 0426.288.472 #2 oldest company in Ninove, Professional and technical services sector

Lifetime

20 annual accounts with figures on one time axis, 42 filings since 1984
peak €82,150 (2024)
€76,546▼ 6.8%
lowest -€22,623 (2025)
-€22,623▼ €56,975
peak €91,322 (2024)
€68,700▼ 24.8%
€472,589▲ 163%
Board2 names since 2020
1 director
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Loss of €22,623Equity from €91,322 to €68,700Debts from €179,616 to €472,589Investments €400,515Cash from €84,096 to €21,338

Key points

from the 2025 annual accounts

Result

-€22,623 -€22,623
€34,4002024-€22,6002025

From profit to loss in 2025, after a profit of €34,352 in 2024.

Debts

€472,589 87% of the balance sheet
Financial debts 51%Suppliers 2%Taxes and wages 9%Other 38%

Of this, €194,472 falls due within a year.

Investments

€402,765 5.8 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Liquidity

0.44 was 1.03 in 2024

Short-term debts rose from €141,686 to €194,472.

Filings

42 annual accounts since 1984
AprilJune31 JulyOctober199520102025

Four of the last ten came late. The 2025 accounts came latest: 60 days after the end of the period.

Position in the sector

-€22,623

Lower net result than 93% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,503 companies had the same profile as EUCLIDES has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 2,503 companies, not a prediction for EUCLIDES. 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

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Signals

Board and ownership

Director, since 11-12-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0426288472
1 director resigning, 1 manager resigning, 1 reappointment Resignations: and (manager) · Reappointment: (director) · “De aankoop,de verkoop,het huren het verhuren,de handel in’t groot en in ’t klein zowel voor eigen rekening als…” (deed in Dutch) · General meeting of 11-12-2020 · Gazette deed
First establishment Fluii, Echel 86, Ninove
All 55 events

Comparable companies

same main activity, similar in size and age
Company
EUCLIDES Ninove €541,289 €76,546 12.7% -
QuPlus Sint-Gillis-Waas €567,227 €74,563 57.1% -
VERMEIREN KAREL & JIM Sint-Niklaas €630,106 €79,974 67.8% -
Tanti Ghent €670,871 €80,560 97.8% -
FAKTA Lokeren €590,784 €80,561 4.1% -
VITARK Ghent €586,820 €82,388 60.8% -
RECUP Kortrijk €526,560 €81,771 66.7% -

These companies have the same main activity as EUCLIDES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €527,000 and €671,000, founded between 1982 and 1990.

Official details

Source: KBO
Status
Active since 16-08-1984Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.036.523.3149401 Ninove, since 06-07-1986
Financial year end
31 December
Peppol
Reachable since 18-12-2024
Company details

Annual accounts 2025

≈ €160,000estimated
€541,289▲ 99.8%
Filing
Filed on 29-09-2026
Financials

Insights on EUCLIDES

EUCLIDES files the micro format. That format states no turnover. The gross margin rose from -€3,692 in 2006 to €76,546 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

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 EUCLIDES

What is the company number of EUCLIDES?
The company number of EUCLIDES is 0426.288.472. The VAT number is the same number with BE in front: BE 0426.288.472.
Where is EUCLIDES based?
The registered office is at Echel 86, 9401 Ninove.Company details
What does EUCLIDES do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of EUCLIDES?
EUCLIDES is a private limited company (BV).
When was EUCLIDES founded?
EUCLIDES was founded on 16-08-1984.
Is EUCLIDES still active?
Yes, EUCLIDES is an active enterprise in the KBO register.
What is the turnover of EUCLIDES?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €76,546 and 120 comparable companies (NACE 70200). It probably lies between €120,000 and €200,000.Financials
Is EUCLIDES profitable?
In financial year 2025, EUCLIDES made a loss of €22,623.
Where can I find the annual accounts of EUCLIDES?
EUCLIDES filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EUCLIDES due?
EUCLIDES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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