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EUOBSERVER.COM

Active
Non-profit associationfounded 200223 yrs activeWetstraat 155, 1040 Brussel, BelgiumKBO/BCE: BE 0478.728.652
Summary

The annual accounts of EUOBSERVER.COM for fiscal year 2025 show a net loss of 98% of total assets and of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €87,943 and a net result of -€150,001. Equity is shrinking by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 149 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
59 / 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-9
Solvency82▼-18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.21 against 7.88 in 2024; short-term debt: 42.8% and cash: 49.7% of total assets), and 42.8% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
57.2%
Return on assets
-97.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€150,001
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-02-2026, 157 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
157 d early
2024
49 d early
2023
31 d early
2022
34 d early
← 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 68 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

EUOBSERVER.COM was incorporated on 9 October 2002.1 Total assets fell from EUR 284,067 in 2022 to EUR 153,776 in 2025 and headcount from 3 full-time equivalents in 2023 to 1.4 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022, 2023 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€150,001▼ 380%
2024 · -€31,266
Working capital
€79,843▼ 65.3%
2024 · €229,844
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€32,162-€31,844-€26,681-€145,503▼ 445%
Net result-€34,955below the sector's middle half-€28,602within the sector's middle half-€31,266below the sector's middle half-€150,001below the sector's middle half▼ 380%
Equity€240,608above the sector's middle half-€269,210above the sector's middle half▲ 11.9%€237,944above the sector's middle half▼ 11.6%€87,943within the sector's middle half▼ 63.0%
Total assets€284,067within the sector's middle half-€421,221above the sector's middle half▲ 48.3%€271,330within the sector's middle half▼ 35.6%€153,776below the sector's middle half▼ 43.3%
Debt€43,459-€152,011▲ 250%€33,386▼ 78.0%€65,833▲ 97.2%
Working capital€232,508above the sector's middle half-€386,110above the sector's middle half▲ 66.1%€229,844above the sector's middle half▼ 40.5%€79,843within the sector's middle half▼ 65.3%
Solvency84.7%above the sector's middle half-63.9%within the sector's middle half▼ 20.8pp87.7%above the sector's middle half▲ 23.8pp57.2%within the sector's middle half▼ 30.5pp
Current ratio6.35above the sector's middle half-15.29above the sector's middle half▲ 8.947.88above the sector's middle half▼ 7.412.21within the sector's middle half▼ 5.67
Return on assets (ROA)-12.3%below the sector's middle half-6.8%within the sector's middle half▲ 19.1pp-11.5%below the sector's middle half▼ 18.3pp-97.5%below the sector's middle half▼ 86.0pp
Staff (FTE)32▼ 33.3%1.4below the sector's middle half▼ 30.0%
above within below the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2025 Net result -380% on 2024. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0€50,000Operating result 2022: -€32,162-€32,162Net result 2022: -€34,955-€34,955Operating result 2023: €31,844€31,844Net result 2023: €28,602€28,602Operating result 2024: -€26,681-€26,681Net result 2024: -€31,266-€31,266Operating result 2025: -€145,503-€145,503Net result 2025: -€150,001-€150,0012022202320242025-€200,000-€150,000-€100,000-€50,000€0€50,000Operating result 2023: €31,844€31,800Net result 2023: €28,602€28,600Operating result 2024: -€26,681-€26,700Net result 2024: -€31,266-€31,300Operating result 2025: -€145,503-€146,000Net result 2025: -€150,001-€150,000202320242025
The operating result stays negative: a loss of €145,503 in 2025 against €26,681 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153,776
Fixed assets €8,100 =
Current assets €145,676 ▼ 44.7%
Equity and liabilities €153,776
Equity €87,943 ▼ 63.0%
Debt €65,833 ▲ 97.2%
Debt's share of the balance-sheet total rises from 12.3% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.75▲
2024 · 0.14
ROE
-170.6%▼
2024 · -13.1%
Debt ≤ 1 year
€65,833▲
2024 · €33,386
Staff costs
€107,835▼
2024 · €138,279
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
13% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,662 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% 1.7%
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 75% 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 5,836 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 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€271,330€153,776▼
Fixed assets21/28€8,100€8,100=
Financial fixed assets28€8,100€8,100=
Current assets29/58€263,230€145,676▼
Amounts receivable within one year40/41€95,388€69,176▼
Trade receivables40€89,923€66,962▼
Other amounts receivable41€5,465€2,214▼
Cash at bank and in hand54/58€167,842€76,499▼
Equity and liabilities
Total equity and liabilities10/49€271,330€153,776▼
Equity10/15€237,944€87,943▼
Profit (loss) carried forward14€237,944€87,943▼
Amounts payable17/49€33,386€65,833▲
Amounts payable within one year42/48€33,386€65,833▲
Trade debts44€19,308€46,627▲
Suppliers440/4€19,308€46,627▲
Taxes, remuneration and social security45€14,078€19,206▲
Remuneration and social security454/9€14,078€19,206▲
Income statement Code20242025
Remuneration, social security and pensions62€138,279€107,835▼
Gross operating margin9900€111,598-€37,668▼
Operating profit (loss)9901-€26,681-€145,503▼
Financial charges65/66B€4,585€4,498▼
Recurring financial charges65€4,585€4,498▼
Profit (loss) for the period before taxes9903-€31,266-€150,001▼
Profit (loss) for the period9904-€31,266-€150,001▼
Profit (loss) for the period to be appropriated9905-€31,266-€150,001▼
Appropriation of the result
Profit (loss) to be appropriated9906€237,944€87,943▼
Profit (loss) brought forward from the previous period14P€269,210€237,944▼
Social balance
Average headcount (FTE)9087-1.4

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62€112,837€142,306€138,279€107,835▼ 22.0%
Non-recurring operating charges66A-€9,998---
Gross operating margin9900€80,675€184,148€111,598-€37,668▼ 134%
Operating profit (loss)9901-€32,162€31,844-€26,681-€145,503▼ 445%
Financial charges65/66B€2,793€3,242€4,585€4,498▼ 1.9%
Recurring financial charges65€2,793€3,242€4,585€4,498▼ 1.9%
Profit (loss) for the period before taxes9903-€34,955€28,602-€31,266-€150,001▼ 380%
Profit (loss) for the period9904-€34,955€28,602-€31,266-€150,001▼ 380%
Profit (loss) for the period to be appropriated9905-€34,955€28,602-€31,266-€150,001▼ 380%
Line2022202320242025Change
Assets
Total assets20/58€284,067€421,221€271,330€153,776▼ 43.3%
Fixed assets21/28€8,100€8,100€8,100€8,100=
Financial fixed assets28€8,100€8,100€8,100€8,100=
Current assets29/58€275,967€413,121€263,230€145,676▼ 44.7%
Amounts receivable within one year40/41€148,845€124,413€95,388€69,176▼ 27.5%
Trade receivables40€148,845€105,084€89,923€66,962▼ 25.5%
Other amounts receivable41-€19,329€5,465€2,214▼ 59.5%
Cash at bank and in hand54/58€127,122€288,708€167,842€76,499▼ 54.4%
Equity and liabilities
Total equity and liabilities10/49€284,067€421,221€271,330€153,776▼ 43.3%
Equity10/15€240,608€269,210€237,944€87,943▼ 63.0%
Profit (loss) carried forward14€240,608€269,210€237,944€87,943▼ 63.0%
Amounts payable17/49€43,459€152,011€33,386€65,833▲ 97.2%
Amounts payable within one year42/48€43,459€27,011€33,386€65,833▲ 97.2%
Trade debts44€23,328€13,734€19,308€46,627▲ 141%
Suppliers440/4€23,328€13,734€19,308€46,627▲ 141%
Taxes, remuneration and social security45€20,131€13,277€14,078€19,206▲ 36.4%
Remuneration and social security454/9€20,131€13,277€14,078€19,206▲ 36.4%
Accrued charges and deferred income492/3-€125,000---
Line2022202320242025Change
Profit (loss) for the period9904-€34,955€28,602-€31,266-€150,001▼ 380%
Operating cash flow (approximation)-€34,955€28,602-€31,266-€150,001▼ 380%
Investment in fixed assets (approximation)-€0€0-€0-
Change in cash-€161,586-€120,866-€91,343▲ 24.4%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€150,001
Net result drops to -€150,001, the lowest in the series.
12-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €28,602
Net result €28,602 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 15.29
Current ratio from 6.35 to 15.29; short-term debt falls from €43,459 to €27,011.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
12 acts for this company are 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, Brussel · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
5,874 m²
Building footprint
3,084 m²
Volume, LiDAR
91,094 m³
Parcel 21806F0546/00M002, Brussels · tallest building 53.0 m, ±12 floors. Linked by address, not a title deed.
63 companies at this address See who is registered here
1 establishment unit
EUOBSERVER.COM
Wetstraat 155, 1040 BrusselPublishing activities
since 20052.148.334.521
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21806F0546/00M002
ProtectedArchitectural ensembleResidence PalaceSource ↗
Brussels 5,874 m² 1 · 3,084 m² 53.0 m · 12 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Public money · subsidies and aid

European research

1 project
Programmes
1 entry
Projects
The Post-crisis Legitimacy of the European Union European Training Network
Horizon 2020 · partner · 01-01-2017 to 31-12-2020 · PLATO

Similar companies · same sector, comparable size

Of 151 companies in sector 58120 we hold annual accounts for 71. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded09-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
58120Publishing activities
62900Other information technology and computer services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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