EUPACOS
Annual accounts 2025
micro format, filed on 04-04-2026, 26 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €670,000. Estimated: probably between €560,000 and €1.2m.
Balance sheet
balance sheet total €2.1m on 30-09-2025in €m
in euro
Position in the sector
63.5%
Higher than 58% of 39,364 companies in 2025.
2.91
Higher than 62% of 38,048 companies in 2025.
14.5%
Higher than 50% of 38,520 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
2.1m | 2.3m | 2.1m | 2.0m | 1.9m | 1.8m | 1.7m | 1.4m | 1.5m | 1.5m | 1.3m | 882,874 | 757,468 | 678,315 | 591,493 | 503,672 | 370,460 | 226,903 | |
21/28 |
338,625 | 349,340 | 356,837 | 19,675 | 30,951 | 42,718 | 48,642 | 18,505 | 34,036 | 49,633 | 615,994 | 30,451 | 7,753 | 14,418 | 30,702 | 47,976 | 68,991 | 61,684 | |
22/27 |
338,625 | 349,340 | 356,837 | 19,675 | 30,951 | 42,718 | 48,642 | 18,505 | 34,036 | 49,633 | 615,994 | 30,451 | 7,753 | 14,418 | 30,702 | 47,976 | 68,991 | 61,684 | |
22 |
334,723 | 343,030 | 347,752 | - | - | - | - | - | - | - | 586,744 | - | - | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | 7,118 | 172 | 624 | 1,179 | 1,020 | 6,608 | 14,699 | 23,693 | |
24 |
43 | 1,485 | 3,212 | 13,747 | 24,731 | 35,621 | 45,643 | 17,687 | 33,071 | 48,456 | 20,114 | 27,422 | 2,246 | 5,541 | 18,615 | 32,467 | 45,325 | 34,253 | |
26 |
3,860 | 4,825 | 5,874 | 5,929 | 6,220 | 7,096 | 2,999 | 818 | 965 | 1,178 | 2,018 | 2,858 | 4,883 | 7,698 | 11,067 | 8,901 | 8,966 | 3,737 | |
29/58 |
1.8m | 2.0m | 1.8m | 2.0m | 1.9m | 1.7m | 1.6m | 1.4m | 1.4m | 1.5m | 703,724 | 852,423 | 749,715 | 663,897 | 560,792 | 455,695 | 301,469 | 165,220 | |
40/41 |
507,471 | 517,723 | 540,951 | 617,594 | 745,076 | 744,839 | 774,147 | 777,556 | 787,193 | 767,231 | 92,696 | 71,410 | 82,589 | 64,193 | 90,914 | 20,899 | 14,973 | 17,813 | |
40 |
29,371 | 25,121 | 25,364 | 77,731 | 43,278 | 43,533 | 66,466 | 68,249 | 83,330 | 77,562 | 78,978 | 66,514 | 81,760 | 63,397 | 90,196 | 20,794 | 13,295 | 8,138 | |
41 |
478,100 | 492,602 | 515,587 | 539,863 | 701,798 | 701,307 | 707,681 | 709,307 | 703,863 | 689,669 | 13,718 | 4,896 | 829 | 796 | 718 | 105 | 1,678 | 9,675 | |
50/53 |
400,000 | 1.4m | 811,520 | 1.1m | 1.1m | 946,070 | - | - | - | - | - | - | - | - | - | - | - | 75,000 | |
54/58 |
884,190 | 44,230 | 407,735 | 254,030 | 32,339 | 17,628 | 829,851 | 643,697 | 654,779 | 696,576 | 609,736 | 779,874 | 667,125 | 599,704 | 469,838 | 434,277 | 284,970 | 69,373 | |
490/1 |
5,277 | 5,358 | 3,650 | 2,907 | 2,933 | 2,822 | 1,022 | 5,663 | - | - | 1,292 | 1,139 | - | - | 39 | 520 | 1,526 | 3,033 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
2.1m | 2.3m | 2.1m | 2.0m | 1.9m | 1.8m | 1.7m | 1.4m | 1.5m | 1.5m | 1.3m | 882,874 | 757,468 | 678,315 | 591,493 | 503,672 | 370,460 | 226,903 | |
10/15 |
1.4m | 1.7m | 1.8m | 1.6m | 1.3m | 1.2m | 1.0m | 822,066 | 893,194 | 780,558 | 603,459 | 412,552 | 363,332 | 224,427 | 76,008 | 226,762 | 131,138 | 62,220 | |
10/11 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 200,000 | 200,000 | 200,000 | 200,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
100 |
- | - | - | - | - | - | 25,000 | 25,000 | 200,000 | 200,000 | 200,000 | 200,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
13 |
1.3m | 1.6m | 1.8m | 1.5m | 1.3m | 1.1m | 978,243 | 788,561 | 657,026 | 544,389 | 367,290 | 210,000 | 327,500 | 177,500 | 42,500 | 192,500 | 102,500 | 32,500 | |
130/1 |
- | - | - | 20,000 | 20,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
1311 |
- | - | - | 20,000 | 20,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | 8,123 | 8,385 | - | - | - | - | - | - | - | |
133 |
1.3m | 1.6m | 1.8m | 1.5m | 1.3m | 1.1m | 958,243 | 768,561 | 637,026 | 516,266 | 338,905 | 190,000 | 325,000 | 175,000 | 40,000 | 190,000 | 100,000 | 30,000 | |
14 |
3,639 | 5,305 | 5,305 | 5,305 | 5,305 | 6,905 | 6,905 | 8,505 | 36,169 | 36,169 | 36,169 | 2,552 | 10,832 | 21,927 | 8,508 | 9,262 | 3,638 | 4,720 | |
16 |
162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 166,318 | 166,453 | 162,135 | 162,135 | 162,135 | 162,135 | 150,000 | 125,000 | 50,000 | |
160/5 |
162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | 150,000 | 125,000 | 50,000 | |
160 |
162,135 | 162,135 | 162,135 | 162,135 | 162,135 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | 162,135 | 162,135 | 162,135 | 162,135 | 162,135 | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | - | - | 4,183 | 4,318 | - | - | - | - | - | - | - | |
17/49 |
616,831 | 519,945 | 149,567 | 230,473 | 394,419 | 414,214 | 481,379 | 461,219 | 420,678 | 566,564 | 549,806 | 308,187 | 232,000 | 291,753 | 353,350 | 126,909 | 114,322 | 114,684 | |
17 |
- | - | - | - | - | 5,251 | - | 30,000 | 90,000 | 150,000 | 270,000 | - | - | - | - | 3,756 | 15,023 | 26,291 | |
170/4 |
- | - | - | - | - | 5,251 | - | 30,000 | 90,000 | 150,000 | 270,000 | - | - | - | - | 3,756 | 15,023 | 26,291 | |
42/48 |
616,831 | 519,945 | 149,567 | 230,473 | 394,419 | 408,963 | 481,379 | 431,219 | 167,824 | 256,920 | 279,806 | 308,187 | 232,000 | 291,753 | 353,350 | 123,154 | 99,299 | 88,393 | |
42 |
- | - | - | - | - | - | 30,000 | 60,000 | 60,000 | 60,000 | - | - | - | - | 3,756 | 11,268 | 11,268 | 11,268 | |
43 |
1,629 | 817 | 881 | 3,172 | 1,085 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
1,629 | 817 | 881 | 3,172 | 1,085 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
20,138 | 14,720 | 21,689 | 20,912 | 20,787 | 17,231 | 66,012 | 23,318 | 25,351 | 66,954 | 1,851 | 15,219 | 2,685 | 4,399 | 3,316 | 51,097 | 45,963 | 42,920 | |
440/4 |
20,138 | 14,720 | 21,689 | 20,912 | 20,787 | 17,231 | 66,012 | 23,318 | 25,351 | 66,954 | 1,851 | 15,219 | 2,685 | 4,399 | 3,316 | 51,097 | 45,963 | 42,920 | |
45 |
51,551 | 38,015 | 27,645 | 58,145 | 29,463 | 39,356 | 33,169 | 6,031 | 82,473 | 129,966 | 111,402 | 69,200 | 78,179 | 85,623 | 90,316 | 50,139 | 32,032 | 19,767 | |
450/3 |
51,551 | 38,015 | 27,645 | 58,145 | 29,463 | 39,356 | 33,169 | 6,031 | 79,848 | 127,341 | 111,402 | 69,200 | 78,179 | 85,623 | 90,316 | 50,139 | 32,032 | 19,767 | |
454/9 |
- | - | - | - | - | - | - | - | 2,625 | 2,625 | - | - | - | - | - | - | - | - | |
47/48 |
543,512 | 466,393 | 99,352 | 148,245 | 343,084 | 352,377 | 352,199 | 341,871 | - | - | 166,552 | 223,768 | 151,136 | 201,730 | 255,962 | 10,650 | 10,036 | 14,439 | |
492/3 |
- | - | - | - | - | - | - | - | 162,854 | 159,644 | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||
76A |
- | - | - | - | - | 10,860 | - | - | - | - | 13,100 | 332 | - | - | 12,470 | 1,729 | - | - | |
9900 |
467,819 | 402,327 | 426,118 | 395,420 | 276,348 | 291,157 | 333,008 | 203,157 | 215,179 | 339,696 | 341,772 | 206,150 | 229,210 | 255,593 | 181,085 | 193,396 | 202,959 | 89,444 | |
630 |
10,715 | 11,012 | 66,922 | 11,939 | 12,785 | 19,350 | 18,972 | 15,531 | 15,598 | 16,716 | 31,356 | 10,006 | 9,739 | 18,305 | 26,485 | 25,700 | 26,522 | 28,633 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,135 | 25,000 | 75,000 | - | |
640/8 |
4,291 | 2,803 | 2,673 | 1,250 | 3,377 | 3,067 | 3,069 | 2,105 | 2,604 | 1,451 | 2,256 | 1,880 | 4,277 | 1,732 | 1,793 | 1,948 | 1,053 | 1,369 | |
66A |
0 | 51 | - | - | - | - | - | - | - | - | 18 | - | - | - | - | - | - | - | |
9901 |
452,813 | 388,461 | 356,524 | 382,231 | 260,185 | 268,741 | 310,966 | 185,521 | 196,977 | 321,529 | 308,161 | 194,265 | 215,194 | 235,557 | 140,673 | 140,748 | 100,384 | 59,442 | |
75/76B |
25,844 | 11,562 | 343 | 12 | 151 | 202 | 330 | 810 | 1,088 | 4,398 | 7,825 | 9,510 | 7,469 | 6,114 | 4,747 | 3,427 | 2,785 | 3 | |
75 |
25,844 | 11,562 | 343 | 12 | 151 | 202 | 330 | 810 | 1,088 | 4,398 | 7,825 | 9,510 | 7,469 | 6,114 | 4,747 | 3,427 | 2,785 | 3 | |
65/66B |
15,076 | 4,935 | 5,268 | 13,035 | 13,951 | 14,022 | 24,085 | 12,555 | 12,558 | 12,286 | 14,006 | 10,853 | 12,722 | 11,607 | 1,069 | 2,012 | 1,803 | 1,958 | |
65 |
15,076 | 4,935 | 5,268 | 13,035 | 13,951 | 14,022 | 24,085 | 12,555 | 12,558 | 12,286 | 14,006 | 10,853 | 12,722 | 11,607 | 1,069 | 2,012 | 1,803 | 1,958 | |
9903 |
463,581 | 395,088 | 351,599 | 369,207 | 246,385 | 254,921 | 287,210 | 173,776 | 185,507 | 313,640 | 315,062 | 193,254 | 209,941 | 230,064 | 156,820 | 143,892 | 101,366 | 57,487 | |
67/77 |
153,403 | 130,171 | 118,745 | 125,763 | 86,621 | 85,741 | 97,529 | 68,304 | 77,053 | 136,676 | 119,837 | 65,590 | 71,036 | 81,645 | 57,574 | 48,268 | 32,448 | 18,267 | |
9904 |
310,178 | 264,918 | 232,854 | 243,445 | 159,764 | 169,180 | 189,681 | 105,472 | 112,636 | 177,099 | 190,907 | 127,664 | 138,905 | 148,419 | 99,246 | 95,625 | 68,918 | 39,220 | |
789 |
- | - | - | - | - | - | - | - | 8,123 | 262 | 262 | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | 8,647 | - | - | - | - | - | - | - | |
9905 |
310,178 | 264,918 | 232,854 | 243,445 | 159,764 | 169,180 | 189,681 | 105,472 | 120,759 | 177,361 | 182,522 | 127,664 | 138,905 | 148,419 | 99,246 | 95,625 | 68,918 | 39,220 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
315,482 | 270,222 | 238,159 | 248,749 | 166,669 | 176,084 | 198,186 | 141,640 | 156,928 | 213,530 | 185,074 | 138,496 | 160,832 | 156,927 | 108,508 | 99,262 | 73,638 | 39,220 | |
14P |
5,305 | 5,305 | 5,305 | 5,305 | 6,905 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
611,510 | 414,312 | - | - | - | - | - | - | - | - | - | 175,000 | - | - | 150,000 | - | - | - | |
691/2 |
310,178 | 264,918 | 231,254 | 241,845 | 159,764 | 167,580 | 189,681 | 131,536 | 120,759 | 177,361 | 148,905 | 57,500 | 150,000 | 135,000 | - | 90,000 | 70,000 | 32,500 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 17,500 | - | - | - | - | - | 2,500 | |
6921 |
310,178 | 264,918 | 231,254 | 241,845 | 159,764 | 167,580 | 189,681 | 131,536 | 120,759 | 177,361 | 148,905 | 40,000 | 150,000 | 135,000 | - | 90,000 | 70,000 | 30,000 | |
694/7 |
613,176 | 414,312 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | - | - | - | 253,444 | - | - | 250,000 | - | - | 2,000 | |
694 |
613,176 | 414,312 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | - | - | - | 253,444 | - | - | 250,000 | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | |
| Document | |||||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 04-04-2026 | 2026-00072541 | |
| 30-09-2024 | micro format | 21-04-2025 | 2025-00072091 | |
| 30-09-2023 | micro format | 02-04-2024 | 2024-00054233 | |
| 30-09-2022 | micro format | 25-04-2023 | 2023-00064946 | |
| 30-09-2021 | micro format | 28-04-2022 | 2022-20011442 | |
| 30-09-2020 | micro format | 26-04-2021 | 2021-11100349 | |
| 30-09-2019 | micro format | 27-03-2020 | 2020-07600323 | |
| 30-09-2018 | micro format | 26-03-2019 | 2019-07800168 | |
| 30-09-2017 | micro format | 30-04-2018 | 2018-11100312 | |
| 30-09-2016 | abbreviated format | 27-04-2017 | 2017-10000314 | |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-08400110 | |
| 30-09-2014 | abbreviated format | 07-04-2015 | 2015-09400099 | |
| 30-09-2013 | abbreviated format | 31-03-2014 | 2014-07700328 | |
| 30-09-2012 | abbreviated format | 03-04-2013 | 2013-07700055 | |
| 30-09-2011 | abbreviated format | 24-04-2012 | 2012-09100519 | |
| 30-09-2010 | abbreviated format | 04-04-2011 | 2011-07500593 | |
| 30-09-2009 | abbreviated format | 07-04-2010 | 2010-08600503 | |
| 30-09-2008 | abbreviated format | 22-04-2009 | 2009-11400190 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 463,528 | 399,473 | 423,446 | 394,170 | 272,971 | 288,091 | 329,938 | 201,052 | 212,574 | 338,245 | 339,516 | 204,271 | 224,933 | 253,862 | 167,157 | 166,448 | 126,906 | 88,075 | ||
| 320,893 | 275,930 | 299,776 | 255,384 | 172,550 | 188,530 | 208,654 | 121,003 | 128,234 | 193,815 | 222,263 | 137,670 | 148,644 | 166,724 | 125,731 | 121,325 | 95,440 | 67,853 | ||
| 0 | 3,566 | 404,084 | 663 | 1,019 | 13,426 | 49,110 | 0 | 0 | 44,217 | 616,898 | 32,704 | 3,074 | 2,021 | 9,210 | 4,685 | 33,829 | 87,622 | ||
| 839,959 | -363,505 | 153,705 | 221,692 | 14,711 | -812,223 | 186,154 | -11,082 | -41,798 | 86,840 | -170,138 | 112,748 | 67,421 | 129,866 | 35,561 | 149,307 | 215,597 | - | ||
| 1.2m | 1.5m | 1.6m | 1.7m | 1.5m | 1.3m | 1.1m | 995,697 | 1.3m | 1.2m | 423,918 | 544,236 | 517,714 | 372,144 | 207,442 | 332,542 | 202,170 | 76,827 | ||
| 63.5% | 70.9% | 85.3% | 80.1% | 70.6% | 67.1% | 61.1% | 56.9% | 60.5% | 51.6% | 45.7% | 46.7% | 48.0% | 33.1% | 12.9% | 45.0% | 35.4% | 27.4% | ||
| 2.91 | 3.83 | 11.79 | 8.46 | 4.72 | 4.18 | 3.33 | 3.31 | 8.59 | 5.70 | 2.52 | 2.77 | 3.23 | 2.28 | 1.59 | 3.70 | 3.04 | 1.87 | ||
| 0.45 | 0.31 | 0.08 | 0.15 | 0.30 | 0.35 | 0.48 | 0.56 | 0.47 | 0.73 | 0.91 | 0.75 | 0.64 | 1.30 | 4.65 | 0.56 | 0.87 | 1.84 | ||
| 22.9% | 16.0% | 12.9% | 15.4% | 12.0% | 14.4% | 18.8% | 12.8% | 12.6% | 22.7% | 31.6% | 30.9% | 38.2% | 66.1% | 130.6% | 42.2% | 52.6% | 63.0% | ||
| 14.5% | 11.3% | 11.0% | 12.4% | 8.4% | 9.6% | 11.5% | 7.3% | 7.6% | 11.7% | 14.5% | 14.5% | 18.3% | 21.9% | 16.8% | 19.0% | 18.6% | 17.3% | ||
| 30.75 | 80.94 | 80.38 | 30.24 | 19.57 | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,566 | €404,084 | €663 | €1,019 |
| €10,715 | €11,012 | €66,922 | €11,939 | €12,785 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EUPACOS
The operating result for 2025 is 17% higher than in 2024 and the highest since 2008. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 22.2% to 28.9%. Equity is lower and debt is higher.