EURASIAPATCHWORK
ActiveSummary
For EURASIAPATCHWORK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €863,958 and a net result of -€1.4m. Equity is shrinking by ~24.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 43% of 581 sector peers (fiscal year 2023). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency50▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
24.7%
Return on assets
-39.3%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-12-2024, 125 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
125 d late
2022
3 d early
2021
4 d early
2020
5 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 22 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1.4m▼ 25.5%
2022 · -€1.1m
Working capital
-€754,802
2022 · €622,530
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€314,892▲ 51,623%€297,279▼ 5.6%€91,850▼ 69.1%-€953,838-€220,997▲ 76.8%
Net result€742,000▲ 137%€210,714above the sector's middle half▼ 71.6%€27,375within the sector's middle half▼ 87.0%-€1.1mbelow the sector's middle half-€1.4mbelow the sector's middle half▼ 25.5%
Equity€4.9m▲ 17.7%€3.3mabove the sector's middle half▼ 33.1%€3.3mabove the sector's middle half▲ 0.8%€2.2mabove the sector's middle half▼ 32.8%€863,958above the sector's middle half▼ 61.4%
Total assets€5.9m▲ 30.6%€4.5mabove the sector's middle half▼ 23.8%€6.5mabove the sector's middle half▲ 46.1%€5.6mabove the sector's middle half▼ 13.7%€3.5mabove the sector's middle half▼ 37.9%
Debt€913,331▲ 224%€1.2m▲ 26.9%€3.2m▲ 175%€3.4m▲ 6.2%€2.6m▼ 22.4%
Working capital€3.6m▲ 55.3%€1.7mabove the sector's middle half▼ 51.9%€1.8mabove the sector's middle half▲ 1.6%€622,530above the sector's middle half▼ 64.8%-€754,802below the sector's middle half
Solvency84.4%▼ 9.3pp74.0%above the sector's middle half▼ 10.4pp51.1%within the sector's middle half▼ 22.9pp39.8%within the sector's middle half▼ 11.3pp24.7%within the sector's middle half▼ 15.0pp
Current ratio6.39▼ 2.862.50within the sector's middle half▼ 3.891.55within the sector's middle half▼ 0.951.18within the sector's middle half▼ 0.370.71within the sector's middle half▼ 0.47
Return on assets (ROA)12.7%▲ 5.7pp4.7%within the sector's middle half▼ 8.0pp0.4%within the sector's middle half▼ 4.3pp-19.5%below the sector's middle half▼ 19.9pp-39.3%below the sector's middle half▼ 19.9pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €220,997 in 2023 against €953,838 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.5m
Fixed assets
€1.6m =
Current assets
€1.9m ▼ 53.2%
Equity and liabilities €3.5m
Equity
€863,958 ▼ 61.4%
Debt
€2.6m ▼ 22.4%
Debt's share of the balance-sheet total rises from 60.2% to 75.3%. Equity and debt are lower.
Key figures and ratios
Debt to equity
3.04▲
2022 · 1.51
ROE
-158.9%▼
2022 · -48.9%
Debt ≤ 1 year
€2.6m▼
2022 · €3.4m
Income taxes
€9,644▼
2022 · €30,492
Staff costs
€73▼
2022 · €131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1,086 | €131 | €73 | ▼ 44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,812 | €3,812 | - | €31,274 | - | - |
| Other operating charges640/8 | - | - | €868 | €4,847 | €6,528 | ▲ 34.7% |
| Gross operating margin9900 | €324,274 | €907,835 | €93,804 | -€917,585 | -€214,396 | ▲ 76.6% |
| Operating profit (loss)9901 | €314,892 | €297,279 | €91,850 | -€953,838 | -€220,997 | ▲ 76.8% |
| Financial income75/76B | - | - | €72,205 | €1,132 | €1 | ▼ 99.9% |
| Recurring financial income75 | €546,841 | €5,374 | €72,205 | €1,132 | €1 | ▼ 99.9% |
| Financial charges65/66B | - | - | €136,681 | €110,377 | €1.1m | ▲ 935% |
| Recurring financial charges65 | €99,536 | €91,939 | €136,681 | €110,377 | €89,481 | ▼ 18.9% |
| Non-recurring financial charges66B | - | - | - | - | €1.1m | - |
| Profit (loss) for the period before taxes9903 | €762,198 | €210,714 | €27,375 | -€1.1m | -€1.4m | ▼ 28.2% |
| Income taxes67/77 | €20,198 | - | - | €30,492 | €9,644 | ▼ 68.4% |
| Profit (loss) for the period9904 | €742,000 | €210,714 | €27,375 | -€1.1m | -€1.4m | ▼ 25.5% |
| Profit (loss) for the period to be appropriated9905 | €742,000 | €210,714 | €27,375 | -€1.1m | -€1.4m | ▼ 25.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.9m | €4.5m | €6.5m | €5.6m | €3.5m | ▼ 37.9% |
| Fixed assets21/28 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Tangible fixed assets22/27 | €35,086 | €31,274 | €31,274 | - | - | - |
| Plant, machinery and equipment23 | - | - | €26,800 | - | - | - |
| Furniture and vehicles24 | - | - | €4,474 | - | - | - |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | = |
| Current assets29/58 | €4.3m | €2.9m | €5.0m | €4.0m | €1.9m | ▼ 53.2% |
| Stocks and contracts in progress3 | - | - | €1.1m | €1.1m | - | - |
| Stocks30/36 | - | - | €1.1m | €1.1m | - | - |
| Amounts receivable within one year40/41 | €3.5m | €1.9m | €2.9m | €1.9m | €1.0m | ▼ 47.6% |
| Trade receivables40 | - | - | €1.4m | €1.8m | €971,082 | ▼ 45.9% |
| Other amounts receivable41 | - | - | €1.5m | €152,852 | €49,391 | ▼ 67.7% |
| Current investments50/53 | €376,508 | - | €463,038 | €512,479 | €354,254 | ▼ 30.9% |
| Cash at bank and in hand54/58 | €390,047 | €949,468 | €549,831 | €490,885 | €497,320 | ▲ 1.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.9m | €4.5m | €6.5m | €5.6m | €3.5m | ▼ 37.9% |
| Equity10/15 | €4.9m | €3.3m | €3.3m | €2.2m | €863,958 | ▼ 61.4% |
| Contributions10/11 | €268,600 | - | €268,600 | €268,600 | €268,600 | = |
| Outside capital11 | - | - | €268,600 | €268,600 | €268,600 | = |
| Share premium1100/10 | - | - | €268,600 | €268,600 | €268,600 | = |
| Reserves13 | €26,860 | €295,460 | €26,860 | €26,860 | €26,860 | = |
| Non-distributable reserves130/1 | - | - | €26,860 | €26,860 | €26,860 | = |
| Reserves not available under the articles1311 | - | - | €26,860 | €26,860 | €26,860 | = |
| Profit (loss) carried forward14 | €4.6m | €3.0m | €3.0m | €1.9m | €568,498 | ▼ 70.7% |
| Amounts payable17/49 | €913,331 | €1.2m | €3.2m | €3.4m | €2.6m | ▼ 22.4% |
| Amounts payable after more than one year17 | €242,386 | - | - | - | - | - |
| Amounts payable within one year42/48 | €670,945 | €1.2m | €3.2m | €3.4m | €2.6m | ▼ 22.3% |
| Trade debts44 | €640,765 | €865,364 | €2.2m | €2.3m | €1.7m | ▼ 28.0% |
| Suppliers440/4 | - | - | €2.2m | €2.3m | €1.7m | ▼ 28.0% |
| Taxes, remuneration and social security45 | - | - | €273,646 | €413,577 | €406,577 | ▼ 1.7% |
| Taxes450/3 | - | - | €273,646 | €413,577 | €406,577 | ▼ 1.7% |
| Other amounts payable47/48 | - | - | €696,663 | €669,260 | €565,907 | ▼ 15.4% |
| Accrued charges and deferred income492/3 | - | - | - | €4,711 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €742,000 | €210,714 | €27,375 | -€1.1m | -€1.4m | ▼ 25.5% |
| + Depreciation and write-downs630 | €3,812 | €3,812 | - | €31,274 | - | - |
| Operating cash flow (approximation) | €745,812 | €214,527 | €27,375 | -€1.1m | -€1.4m | ▼ 29.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€87,205 | €0 | ▲ 100% |
| Change in cash | - | €559,421 | -€399,636 | -€58,947 | €6,435 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 125 days late
2023
31-12
Financial
Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €742,000 ▲137%
Operating result €314,892, net result €742,000, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 309 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 120 days late
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Mouscron · 1 establishment unit since 2008
Ground area
2.9 ha
Building footprint
1,141 m²
Volume, LiDAR
11,646 m³
2 parcels, Wallonia · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EURASIAPATCHWORK SPRL
since 20082.174.575.791
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57021A0398/00A000 | Wallonia | 2.9 ha | 1 · 936 m² | 14.1 m · 4 fl. |
| 54432C0179/00D002indicative | Wallonia | 205 m² | 1 · 205 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300HHBJKLHEP57C44
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Of 6,998 companies in sector 96999 we hold annual accounts for 603. 252 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899554640
Registered
13-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.