Equity
€3.7m ▲ 5.9%
EURANOVA paid out €447,730 in dividends. That is 86% of the 2025 profit.
EURANOVA
Lifetime
17 annual accounts with figures on one time axispeak €4.3m (2021)
-not published
lowest -€796,589 (2021)
€520,172▲ €855,988
peak €5.3m (2019)
€3.7m▲ 5.9%
€2.6m▲ 17.9%
peak 89.7 FTE (2023)
86.1 FTE▼ 0.8%
Board11 names since 2018
4 directorsHERBA CONSULT and 3 others
Owners4 names in the annual accounts
17.98%Wallonie Entreprendre
Documentsfilings and deeds
17-04-2026105 days before the deadline
2025financial year
Back to profit: €520,172Appointment: HERBA CONSULT SRL (managing director) 19-091 director appointed, 5 resignations 01-04Dividend €447,730Debts from €2.2m to €2.6mCash from €1.2m to €2.0m
Key points
from the 2025 annual accountsResult
€520,172 €520,172
Back in profit in 2025, after a loss of €335,816 in 2024.
Investments
€244,824 0.2 × depreciation
Green is investment, beige is depreciation.
Staff
90 employees on 31-12-2025
In 2025, 25 people joined and 23 left.
Filings
17 annual accounts since 2009
Eight of the last ten came late. The 2024 accounts came latest: 176 days after the end of the period.
Board
1 joined
New director. Latest change 15-04-2026 · 3 in office.
Checked score
96
Excellent
Financially stronger than 67% of medium-sized companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 206 companies (NACE 62, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.2 percentage points vs 05-2025highest value
07-2025: 0.5%● unchanged vs 06-2025highest value
08-2025: 0.5%● unchanged vs 07-2025highest value
09-2025: 0.5%● unchanged vs 08-2025highest value
10-2025: 0.5%● unchanged vs 09-2025highest value
11-2025: 0.5%● unchanged vs 10-2025highest value
12-2025: 0.5%● unchanged vs 11-2025highest value
01-2026: 0.5%● unchanged vs 12-2025highest value
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: < 0.1%▼ -0.5 percentage points vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.88, cash €2.0m
Size: turnover €13.9m, 86.1 FTE, total assets €6.3m
Equity €3.7m (58.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 62, medium-sized). It does better than 75% of them on solvency, 88% on liquidity, 58% on profitability and 46% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 546 companies had the same profile as EURANOVA has now. Each dot stands for 2 companies, two years later.
95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EURANOVA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 546 companies, not a prediction for EURANOVA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €350,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.88 (1.71 in 2024), above the usual 1.5. Short-term debt is 41.3% and cash 31.3% of total assets. 41.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 days early
2024
176 days late
2023
161 days late
2022
16 days late
2021
31 days late
2020
47 days late
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 43 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 136 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE 17.98%equity €2.42bn (2022) · 2022 annual accounts of SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE
- Wallonie Entreprendre 17.98%equity €4.98bn (2025) · 2025 annual accounts of Wallonie Entreprendre
Recent changes
Permanent representatives: Laurence Janssen and Thibaut Claes
General meeting of 01-08-2026 · Gazette deed
2 directors appointed, 1 resignation
Resignation: HERBA CONSULT (managing director) · Appointments: Quentin DUGAUTHIER (managing director) and Hervé Bath (managing director) · General meeting of 14-04-2026 · Gazette deed
Resignation: SRL EDX MANAGEMENT (managing director)
Permanent representative: Eric DELACROIX · General meeting of 09-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899626005
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EURANOVA Mont-Saint-Guibert | €13.9m | -1.1% | 58.4% | 86.1 |
| GeoSquare Experts Edegem | €11.7m | 6.7% | 67.9% | 80.1 |
| CREAM CONSULTING Brussels | €19.8m | 12.3% | 18.2% | 89.5 |
| Flexso Digital Kontich | €13.7m | 7.3% | 58.1% | 68.8 |
| HeadMind Partners Belgium Brussels | €11.3m | 12.6% | 8.7% | 83.6 |
| Carya Group Puurs-Sint-Amands | €25.1m | 3.1% | 22.8% | 84 |
| Belgian Monitoring Systems Kortrijk | €7.3m | -32.0% | 51.7% | 65.1 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as EURANOVA: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €5.5m and €6.8m, founded between 2006 and 2009.
Official details
Source: KBO- Status
- Active since 31-07-2008Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.172.310.2481435 Mont-Saint-Guibert, since 07-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Annual accounts 2025
- €6.3m▲ 10.6%
- Employeeson 31-12-2025
- 90▲ 2.3%
- Filing
- Filed on 17-04-2026, 105 days before the end of the filing period
Insights on EURANOVA
EURANOVA has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €520,172.
Equity has been shrinking by about 5% per year since 2018. Its solvency ranks better than 70% of 1,691 sector peers (NACE 62, financial year 2025).
The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EURANOVA
- What is the company number of EURANOVA?
- The company number of EURANOVA is 0899.626.005. The VAT number is the same number with BE in front: BE 0899.626.005.
- Where is EURANOVA based?
- The registered office is at Rue Emile Francqui 4, 1435 Mont-Saint-Guibert.Company details
- What does EURANOVA do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of EURANOVA?
- EURANOVA is a public limited company (NV).
- When was EURANOVA founded?
- EURANOVA was founded on 31-07-2008.
- Is EURANOVA still active?
- Yes, EURANOVA is an active enterprise in the KBO register.
- How many employees does EURANOVA have?
- EURANOVA had an average of 86.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EURANOVA fall under?
- In its 2025 annual accounts, EURANOVA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of EURANOVA?
- The turnover of EURANOVA was €13.9m in financial year 2025, according to the filed annual accounts.
- Is EURANOVA profitable?
- In financial year 2025, EURANOVA made a profit of €520,172.
- Where can I find the annual accounts of EURANOVA?
- EURANOVA filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EURANOVA due?
- EURANOVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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