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EUDO SERVICES

Active
Private limited companyfounded 20215 yrs activePauwel Vander Scheldenstraat 64, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0760.973.809
Summary

The computed 12-month bankruptcy probability of EUDO SERVICES is 2.0% (moderate). The 2024 annual accounts show equity of €36,119 and a net result of €14,727. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 26040 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+9
Solvency74▲+3
Growth57▼-3
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.04 against 1.8 in 2023; short-term debt: 38.2% and cash: 3.6% of total assets), but 50.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
49.3%
Return on assets
20.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
30 d late
2022
29 d late
2021
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 44 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EUDO SERVICES was incorporated on 7 January 2021 as a Private limited company.1 Revenue grew from EUR 56,775 in 2021 to EUR 74,459 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€74,459▲ 4.4%
2023 · €71,314
EBIT margin
19.8%▲ 10.0pp
2023 · 9.8%
Net result
€14,727▲ 264%
2023 · €4,045
Working capital
€29,095▲ 150%
2023 · €11,651
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Turnover€56,775-€62,933▲ 10.8%€71,314▲ 13.3%€74,459▲ 4.4%
Operating result€18,358-€3,246▼ 82.3%€6,974▲ 115%€14,727▲ 111%
Net result€17,369-€2,920▼ 83.2%€4,045▲ 38.5%€14,727▲ 264%
EBIT margin32.3%-5.2%▼ 27.2pp9.8%▲ 4.6pp19.8%▲ 10.0pp
Equity€19,369-€21,367▲ 10.3%€24,829▲ 16.2%€36,119▲ 45.5%
Total assets€71,671-€59,870▼ 16.5%€53,604▼ 10.5%€73,315▲ 36.8%
Debt€52,302-€38,502▼ 26.4%€28,775▼ 25.3%€37,196▲ 29.3%
Working capital€38,149-€4,574▼ 88.0%€11,651▲ 155%€29,095▲ 150%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2021: €18,358€18,358Net result 2021: €17,369€17,369Operating result 2022: €3,246€3,246Net result 2022: €2,920€2,920Operating result 2023: €6,974€6,974Net result 2023: €4,045€4,045Operating result 2024: €14,727€14,727Net result 2024: €14,727€14,7272021202220232024€0€5,000€10,000€15,000Operating result 2022: €3,246€3,250Net result 2022: €2,920€2,920Operating result 2023: €6,974€6,970Net result 2023: €4,045€4,050Operating result 2024: €14,727€14,700Net result 2024: €14,727€14,700202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 111% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72,732
Fixed assets €15,605 ▼ 41.6%
Current assets €57,127 ▲ 118%
Equity and liabilities €73,315
Equity €36,119 ▲ 45.5%
Debt €37,196 ▲ 29.3%
Debt's share of the balance-sheet total falls from 53.7% to 50.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€25,956▲
2023 · €18,203
Cash flow
€25,956▲
2023 · €15,274
Current ratio
2.04▲
2023 · 1.80
Debt to equity
1.03▼
2023 · 1.16
ROE
40.8%▲
2023 · 16.3%
ROA
20.1%▲
2023 · 7.5%
Debt ≤ 1 year
€28,032▲
2023 · €14,536
Debt > 1 year
€9,164▼
2023 · €14,239
Staff costs
€23,624▼
2023 · €37,756
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,964 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 · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€53,604€73,315▲
Formation expenses20€678€583▼
Fixed assets21/28€26,738€15,605▼
Tangible fixed assets22/27€26,738€15,605▼
Plant, machinery and equipment23€894€596▼
Furniture and vehicles24€25,844€15,009▼
Current assets29/58€26,188€57,127▲
Amounts receivable within one year40/41€25,582€54,121▲
Trade receivables40€4,710€12,293▲
Other amounts receivable41€20,872€41,828▲
Cash at bank and in hand54/58€606€2,658▲
Deferred charges and accrued income490/1-€348
Equity and liabilities
Total equity and liabilities10/49€53,604€73,315▲
Equity10/15€24,829€36,119▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€22,829€34,119▲
Amounts payable17/49€28,775€37,196▲
Amounts payable after more than one year17€14,239€9,164▼
Financial debts170/4€14,239€9,164▼
Amounts payable within one year42/48€14,536€28,032▲
Current portion of amounts payable after more than one year42€7,612€5,075▼
Trade debts44€3,699€13,864▲
Suppliers440/4€3,699€13,864▲
Taxes, remuneration and social security45€3,224€9,093▲
Taxes450/3€3,004€9,093▲
Remuneration and social security454/9€221-
Income statement Code20232024
Turnover70€71,314€74,459▲
Non-recurring operating income76A€4,177€2,855▼
Goods, raw materials, services and sundry goods60/61€14,114€26,029▲
Remuneration, social security and pensions62€37,756€23,624▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,229€11,229=
Other operating charges640/8€1,241€1,705▲
Gross operating margin9900€57,200€51,284▼
Operating profit (loss)9901€6,974€14,727▲
Financial charges65/66B€1,917-
Recurring financial charges65€1,917-
Profit (loss) for the period before taxes9903€5,057€14,727▲
Income taxes67/77€1,011-
Profit (loss) for the period9904€4,045€14,727▲
Profit (loss) for the period to be appropriated9905€4,045€14,727▲
Appropriation of the result
Profit (loss) to be appropriated9906€22,829€34,119▲
Profit (loss) brought forward from the previous period14P€18,783€19,392▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Turnover70€56,775€62,933€71,314€74,459▲ 4.4%
Non-recurring operating income76A-€3,215€4,177€2,855▼ 31.7%
Goods, raw materials, services and sundry goods60/61€14,539€12,902€14,114€26,029▲ 84.4%
Remuneration, social security and pensions62€19,500€30,827€37,756€23,624▼ 37.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,841€18,496€11,229€11,229=
Other operating charges640/8€2,537€676€1,241€1,705▲ 37.4%
Gross operating margin9900€42,236€53,245€57,200€51,284▼ 10.3%
Operating profit (loss)9901€18,358€3,246€6,974€14,727▲ 111%
Financial charges65/66B€989€326€1,917--
Recurring financial charges65€989€326€1,917--
Profit (loss) for the period before taxes9903€17,369€2,920€5,057€14,727▲ 191%
Income taxes67/77--€1,011--
Profit (loss) for the period9904€17,369€2,920€4,045€14,727▲ 264%
Profit (loss) for the period to be appropriated9905€17,369€2,920€4,045€14,727▲ 264%
Line2021202220232024Change
Assets
Total assets20/58€71,671€59,870€53,604€73,315▲ 36.8%
Formation expenses20€869€773€678€583▼ 14.0%
Fixed assets21/28€13,351€37,872€26,738€15,605▼ 41.6%
Tangible fixed assets22/27€13,351€37,872€26,738€15,605▼ 41.6%
Plant, machinery and equipment23€1,491€1,193€894€596▼ 33.4%
Furniture and vehicles24€11,860€36,679€25,844€15,009▼ 41.9%
Current assets29/58€57,451€21,225€26,188€57,127▲ 118%
Amounts receivable within one year40/41€54,179€14,693€25,582€54,121▲ 112%
Trade receivables40€2,244€516€4,710€12,293▲ 161%
Other amounts receivable41€51,935€14,178€20,872€41,828▲ 100%
Cash at bank and in hand54/58€3,272€6,531€606€2,658▲ 339%
Deferred charges and accrued income490/1---€348-
Equity and liabilities
Total equity and liabilities10/49€71,671€59,870€53,604€73,315▲ 36.8%
Equity10/15€19,369€21,367€24,829€36,119▲ 45.5%
Contributions10/11€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€17,369€19,367€22,829€34,119▲ 49.5%
Amounts payable17/49€52,302€38,502€28,775€37,196▲ 29.3%
Amounts payable after more than one year17€33,000€21,851€14,239€9,164▼ 35.6%
Financial debts170/4€33,000€21,851€14,239€9,164▼ 35.6%
Amounts payable within one year42/48€19,302€16,651€14,536€28,032▲ 92.8%
Current portion of amounts payable after more than one year42€12,720€11,149€7,612€5,075▼ 33.3%
Trade debts44€814€289€3,699€13,864▲ 275%
Suppliers440/4€814€289€3,699€13,864▲ 275%
Taxes, remuneration and social security45€16€5,213€3,224€9,093▲ 182%
Taxes450/3€16€4,741€3,004€9,093▲ 203%
Remuneration and social security454/9-€472€221--
Other amounts payable47/48€5,752----
Line2021202220232024Change
Profit (loss) for the period9904€17,369€2,920€4,045€14,727▲ 264%
+ Depreciation and write-downs630€1,841€18,496€11,229€11,229=
Operating cash flow (approximation)€19,210€21,416€15,274€25,956▲ 69.9%
Investment in fixed assets (approximation)--€43,016-€95-€95=
Change in cash-€3,259-€5,925€2,052▲ 135%

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

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Timeline · acts, filings and financial milestones

2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial Weakest financial yearnet €2,920 ▼83.2%
Net result drops to €2,920, the lowest in the series; recovery starts the following year.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Oudenaarde · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
378 m²
Building footprint
122 m²
Volume, LiDAR
793 m³
Parcel 45035A0138/00P004, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
EUDO SERVICES
Pauwel Vander Scheldenstraat 64, 9700 OudenaardeWholesale trade
since 20212.311.783.677
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45035A0138/00P004 Flanders 378 m² 1 · 122 m² 10.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,484 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
82100Office administrative and support services
46150Agents in the wholesale of furniture, household goods and hardware
77110Renting and leasing of cars and light motor vehicles
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0760973809
Also 9925:BE0760973809
Registered 30-05-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.