EULADE
ActiveSummary
The computed 12-month bankruptcy probability of EULADE is 6.3% (elevated). The 2025 annual accounts show equity of €66,493 and a net result of €7,874. Its solvency ranks better than 46% of 5,826 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €66,493
- Profit
- €7,874
Why 37raises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2024Last filed accounts filed 31 days late; 2 of the last 3 lateSize: total assets €197,573Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 46% on solvency, 41% on liquidity, 51% on profitability and 60% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 46 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: UWIMANA Eulade (director) ·…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467193.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 78% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: 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).
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.3% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 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 2,546 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €36 | €1,533 | ▲ 43× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,145 | €30,491 | ▲ 636% |
| Other operating charges640/8 | €63 | €2,341 | ▲ 37× |
| Gross operating margin9900 | €71,168 | €49,381 | ▼ 30.6% |
| Operating profit (loss)9901 | €66,925 | €15,015 | ▼ 77.6% |
| Financial income75/76B | - | €608 | - |
| Recurring financial income75 | - | €608 | - |
| Financial charges65/66B | €405 | €5,571 | ▲ 14× |
| Recurring financial charges65 | €405 | €5,571 | ▲ 14× |
| Profit (loss) for the period before taxes9903 | €66,519 | €10,052 | ▼ 84.9% |
| Income taxes67/77 | €12,900 | €2,178 | ▼ 83.1% |
| Profit (loss) for the period9904 | €53,619 | €7,874 | ▼ 85.3% |
| Profit (loss) for the period to be appropriated9905 | €53,619 | €7,874 | ▼ 85.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €88,561 | €197,573 | ▲ 123% |
| Fixed assets21/28 | €34,043 | €118,843 | ▲ 249% |
| Tangible fixed assets22/27 | €34,043 | €118,745 | ▲ 249% |
| Furniture and vehicles24 | €34,043 | €118,745 | ▲ 249% |
| Financial fixed assets28 | - | €98 | - |
| Current assets29/58 | €54,518 | €78,729 | ▲ 44.4% |
| Amounts receivable within one year40/41 | €50,712 | €76,348 | ▲ 50.6% |
| Trade receivables40 | €47,034 | €55,916 | ▲ 18.9% |
| Other amounts receivable41 | €3,678 | €20,432 | ▲ 456% |
| Cash at bank and in hand54/58 | €3,806 | €1,899 | ▼ 50.1% |
| Deferred charges and accrued income490/1 | - | €482 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €88,561 | €197,573 | ▲ 123% |
| Equity10/15 | €58,619 | €66,493 | ▲ 13.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €53,619 | €61,493 | ▲ 14.7% |
| Amounts payable17/49 | €29,942 | €131,079 | ▲ 338% |
| Amounts payable after more than one year17 | - | €83,788 | - |
| Financial debts170/4 | - | €83,788 | - |
| Amounts payable within one year42/48 | €29,942 | €47,291 | ▲ 57.9% |
| Current portion of amounts payable after more than one year42 | - | €13,500 | - |
| Trade debts44 | €17,042 | €18,081 | ▲ 6.1% |
| Suppliers440/4 | €17,042 | €18,081 | ▲ 6.1% |
| Taxes, remuneration and social security45 | €12,900 | €15,710 | ▲ 21.8% |
| Taxes450/3 | €12,900 | €13,578 | ▲ 5.3% |
| Remuneration and social security454/9 | - | €2,131 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €53,619 | €7,874 | ▼ 85.3% |
| + Depreciation and write-downs630 | €4,145 | €30,491 | ▲ 636% |
| Operating cash flow (approximation) | €57,764 | €38,365 | ▼ 33.6% |
| Investment in fixed assets (approximation) | - | -€115,292 | - |
| Change in cash | - | -€1,908 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00467193 |
| 31-12-2024 | micro format | 29-09-2025 | 2025-00519859 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| UWIMANA Eulade |
|
Owners and capital
Capital and shareholders
- UWIMANA Eulade sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 18-09-2024 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-09
Gazette deed
IncorporationAppointment: UWIMANA Eulade (director) · Founder · Founding capital5 facts ▸
- Incorporation, 09-09-2024
- Founder, UWIMANA Eulade
- Founding capital, €5,000
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, UWIMANA Eulade (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21392A0008/00T005 | Brussels | 641 m² | 1 · 413 m² | 21.2 m · 6 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Transport routier de marchandises; Location de camions avec chauffeur ou sans; Transport de passagers, exploitation de taxis, location de…” (deed in French)
14 activities (deed in French)
- Transport routier de marchandises
- Location de camions avec chauffeur ou sans
- Transport de passagers, exploitation de taxis, location de voitures de tourisme avec chauffeur ou sans
- Toutes autres activités auxiliaires de transport
- Lavage de tous véhicules
- La gestion de sociétés
- La gestion d'investissements et de participations dans des filiales, la fonction d'administrateur, la fonction de liquidateur, la fourniture de conseils, l'assistance juridique et administrative, la gestion et d'autres services aux activités exercées par la société elle-même ou en rapport avec celles-ci
- L'investissement, la souscription, la prise de contrôle, le placement, l'achat, la vente et la négociation d'actions, de parts, d'obligations, de warrants, de certificats, de créances, de fonds et d'autres valeurs mobilières, émis par des sociétés belges ou étrangères ayant ou non la forme de sociétés commerciales, d'administrations, d'institutions et d'associations ayant ou non un statut de droit (semi-)public
- Accorder des prêts et des avances, sous quelque forme et pour quelque durée que ce soit, à toutes les sociétés apparentées ou dans lesquelles elle détient une participation, ainsi que garantir tous les engagements de ces mêmes sociétés
- Acheter, vendre, échanger, louer et donner à bail, lotir, exploiter, valoriser, gérer, surveiller, établir, faire établir et élaborer toutes études et tous plans, agir en qualité de syndic, administrateur ou syndic d'immeubles à appartements ou de tous ensembles immobiliers, faire édifier, achever, modifier, transformer, entretenir, réparer, décorer, réaménager et démolir tous immeubles ou constructions
- Acquérir et concéder des droits réels sur des biens mobiliers et immobiliers
- L'étude et l'exécution de tous travaux privés et publics éventuels, en entreprise générale ou en sous-traitance, la conception et la construction de tous bâtiments et ouvrages éventuels, l'étude et l'exécution des décorations intérieures et extérieures
- Toutes opérations éventuelles se rapportant directement ou indirectement à l'entretien, à la rénovation, à l'embellissement, au renouvellement et à la modernisation des biens immobiliers et, plus généralement, toutes opérations se rapportant directement ou indirectement aux travaux de construction publics et privés. Tels qu'entrepreneur en gros œuvre, plâtrier, charpentier, couvreur, électricien et sanitaire, entre autres
- L'achat, la vente, la location, l'importation et l'exportation de tous matériaux, marchandises, appareils et équipements possibles nécessaires à la construction, à l'entretien, à la réparation et à la rénovation des bâtiments
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EULADE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, 1083 Ganshoren,Avenue des Neuf Provinces,55/b4” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “limitation de durée. S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée, avec la faculté de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Personnes physiques ou morales, actionnaires ou non, 1” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00