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EUMACO

Active
Public limited companyfounded 1985active for 41 yearsOttergemsesteenweg 417, 9000 Gent, BelgiumKBO/BCE: BE 0427.903.820
Summary

EUMACO has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.2m and a net result of €328,149. Equity remains stable across the filed financial years (±0.2% per year). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Activity not known1 site
Size
€6.5mtotal assets 2024
Equity
€5.2m
Profit
€328,149
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Parent
ARCH HOLDING · 80.01%
Holdings
2
Auditor: BDO Bedrijfsrevisoren bvAccounts 77 days overdue1 of 14 deeds read
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 19-03-2025)Liquidity: current ratio 0.99, cash €4,363lowers riskSize: total assets €6.5mEquity €5.2m (79.5% of total assets)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (no NACE code, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+10
equity 79.5% of total assets
Liquidity 44+9
short-term debt 20.5% · cash 0.1%
Profitability 50-50
return on assets 5.0%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €280,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.99, compared with 1.31 in 2023, below 1; short-term debt: 20.5% and cash: 0.1% of total assets), and 20.5% of the assets are financed with debt and provisions.
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 (no NACE code, small): better than 82% on solvency, 31% on liquidity, 55% on profitability and 13% on growth.

The bankruptcy probability was computed on 15-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 19-03-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.99, cash €4,363
NBB · annual accounts
lowers risk · Size: total assets €6.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €5.2m (79.5% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
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 13-03-2025, 140 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
140 days early
2023
113 days early
2022
34 days early
2021
25 days early
2020
29 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 66 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Sam Vander Vennet…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Weakest financial yearnet €328,149 ▼90%

Key points

  • Caution: Result fell in 2024from €3.3m to €328,149 ▼ 90.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Controlled by ARCH HOLDINGthe company in turn controls 10 companies 80.01% View
  • Positive: 7 profitable years in a rowprofit 2024: €328,149 7 years View

By topic

Financials

Financial year
2024
Total assets
€6.5m
Profit
€328,149
Solvency
79.5%
Total assets▼ 31.3%
Net result
20182024
Go to Financials

Network & group

Subsidiaries
10
Holdings
2
Mergers and asset contributions
1

10 subsidiaries

Go to Network & group

Timeline

Events
45
Since
1986
  1. 09-04-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 27-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
12-10-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Financial year
From 1 April to 31 March
Annual meeting
Third Tuesday of September at 10:00
Go to Articles of association

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