EURASPHALTE
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 21-11-2025 PDF all 23 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 182% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 30-04-2022 | 30-04-2023 | 30-04-2024 | 30-04-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €667,186 | - | €40,174 | - |
| Intangible fixed assets | €9,500 | €9,500 | - | - |
| Financial fixed assets | - | - | - | €5,040 |
| Depreciation and write-downs of the year | €63,788 | €170,394 | €151,821 | €139,770 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Public contracts
Show 1 more contract
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Comparable companies
These companies have the same main activity as EURASPHALTE: manufacture of coke and refined petroleum products (NACE 19200). They are comparable in size and age: total assets between €1.1m and €45m, founded between 1964 and 2020.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| EURASPHALTE Châtelet | 2001 | €4.7m | €0.3m | €0.4m | €8.7m | €0.2m | - | 2025 |
| TotalEnergies Petrochemicals Ecaussinnes Seneffe | 1999 | €43.6m | €22.9m | - | €64.4m | €0.09m | - | 2025 |
| GOVI PRODUCTION COMPANY Gent | 1993 | €45.0m | €34.6m | - | €79.8m | €9.9m | 67.5 | 2025 |
| TERRA MATER Gent | 2020 | €3.2m | €0.04m | €0.3m | - | €0.003m | - | 2025 |
| GILOPS GROUP Liège | 1964 | €28.7m | €7.5m | - | €211.1m | €2.7m | 0 | 2025 |
| Carboganic Antwerpen | 2020 | €1.1m | €0.8m | -€0.7m | - | -€0.8m | - | 2025 |
They were chosen from the 20 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,217 companies had the same profile as EURASPHALTE has now. Two years later, 1.5% had gone bankrupt and 96.0% were still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
The bankruptcy probability of EURASPHALTE itself is lower: 0.1% within 12 months. It rests on far more data about EURASPHALTE than the profile alone.
Test of the method
The method was tested on the 497,445 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 1,217 companies, not a prediction for EURASPHALTE. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €6.1m | €5.9m | €5.2m | €5.5m | - | - | €8.7m | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €5.4m | - | - | €8.3m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.07m | €0.05m | €0.06m | €0.2m | €0.2m | €0.1m | ▼ 7.9% |
| Other operating charges640/8 | - | - | - | €0.001m | €98 | €85 | €86 | ▲ 1.2% |
| Gross operating margin9900 | €0.06m | €0.08m | €0.07m | €0.08m | €0.3m | €0.3m | €0.4m | ▲ 67.7% |
| Operating profit (loss)9901 | -€0.01m | €0.02m | €0.02m | €0.02m | €0.1m | €0.1m | €0.3m | ▲ 182% |
| Financial income75/76B | - | - | - | €0.003m | €0.002m | €0.008m | €0.001m | ▼ 86.0% |
| Recurring financial income75 | €0.008m | €0.003m | €0.004m | €0.003m | €0.002m | €0.008m | €0.001m | ▼ 86.0% |
| Financial charges65/66B | - | - | - | €0.003m | €0.004m | €0.004m | €0.003m | ▼ 17.9% |
| Recurring financial charges65 | €0.002m | €0.002m | €0.002m | €0.003m | €0.004m | €0.004m | €0.003m | ▼ 17.9% |
| Profit (loss) for the period before taxes9903 | -€0.003m | €0.02m | €0.02m | €0.02m | €0.1m | €0.1m | €0.3m | ▲ 169% |
| Income taxes67/77 | -€0.01m | €0.01m | €0.003m | - | €0.02m | €391 | €0.08m | ▲ 197× |
| Profit (loss) for the period9904 | €0.007m | €0.006m | €0.02m | €0.02m | €0.1m | €0.1m | €0.2m | ▲ 96.1% |
| Profit (loss) for the period to be appropriated9905 | €0.007m | €0.006m | €0.02m | €0.02m | €0.1m | €0.1m | €0.2m | ▲ 96.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €11.8m | €3.5m | €3.5m | €4.4m | €3.6m | €3.0m | €4.7m | ▲ 56.4% |
| Fixed assets21/28 | €0.2m | €0.1m | €0.1m | €0.7m | €0.6m | €0.4m | €0.3m | ▼ 31.4% |
| Intangible fixed assets21 | - | - | - | €0.01m | €0.01m | €0.006m | - | - |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.08m | €0.7m | €0.5m | €0.4m | €0.3m | ▼ 32.2% |
| Land and buildings22 | - | - | - | €0.02m | €0.01m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €150 | - | - | - |
| Leasing and similar rights25 | - | - | - | €0.6m | €0.5m | €0.4m | €0.3m | ▼ 32.2% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.008m | €0.01m | ▲ 61.1% |
| Current assets29/58 | €11.7m | €3.3m | €3.4m | €3.7m | €3.1m | €2.6m | €4.4m | ▲ 71.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Other amounts receivable291 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Amounts receivable within one year40/41 | €11.4m | €2.9m | €3.0m | €3.4m | €2.7m | €1.7m | €3.4m | ▲ 102% |
| Trade receivables40 | - | - | - | €3.3m | €2.6m | €1.6m | €3.3m | ▲ 106% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.1m | €0.07m | €0.09m | ▲ 21.5% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.3m | €0.3m | €0.2m | €0.8m | €0.9m | ▲ 16.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | €0.001m | €0.001m | ▼ 0.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €11.8m | €3.5m | €3.5m | €4.4m | €3.6m | €3.0m | €4.7m | ▲ 56.4% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 20.1% |
| Contributions10/11 | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Capital10 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Issued capital100 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Reserves13 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Profit (loss) carried forward14 | €0.03m | €0.04m | €0.06m | €0.08m | €0.2m | €0.1m | €0.2m | ▲ 32.2% |
| Investment grants15 | - | - | - | €0.002m | - | - | - | - |
| Amounts payable17/49 | €11.7m | €3.3m | €3.4m | €4.3m | €3.3m | €2.8m | €4.4m | ▲ 59.2% |
| Amounts payable after more than one year17 | - | - | - | €0.5m | €0.4m | €0.5m | €0.4m | ▼ 23.6% |
| Financial debts170/4 | - | - | - | €0.5m | €0.4m | €0.5m | €0.4m | ▼ 23.6% |
| Amounts payable within one year42/48 | €11.7m | €3.3m | €3.3m | €3.7m | €2.9m | €2.3m | €4.1m | ▲ 75.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | - | - | - |
| Trade debts44 | €11.7m | €3.3m | €3.3m | €3.6m | €2.8m | €2.1m | €3.9m | ▲ 81.8% |
| Suppliers440/4 | - | - | - | €3.6m | €2.8m | €2.1m | €3.9m | ▲ 81.8% |
| Other amounts payable47/48 | - | - | - | - | €0.02m | €0.2m | €0.2m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.006m | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,717 | €6,226 | €19,719 | €17,799 | €117,616 | €104,053 | €204,027 | ▲ 96.1% |
| + Depreciation and write-downs630 | €65,297 | €66,296 | €45,856 | €63,788 | €170,394 | €151,821 | €139,770 | ▼ 7.9% |
| Operating cash flow (approximation) | €72,014 | €72,522 | €65,575 | €81,587 | €288,010 | €255,874 | €343,797 | ▲ 34.4% |
| Investment in fixed assets (approximation) | - | -€59,500 | €0 | -€676,686 | -€9,110 | -€25,528 | -€5,040 | ▲ 80.3% |
| Change in cash | - | €121,486 | €41,956 | -€50,033 | -€41,200 | €564,346 | €126,155 | ▼ 77.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-04-2025 | full format | 21-11-2025 | 2025-00569934 | |
| 30-04-2024 | full format | 22-11-2024 | 2024-00603400 | |
| 30-04-2023 | full format | 05-12-2023 | 2023-00522445 | |
| 30-04-2022 | full format | 21-11-2022 | 2022-20522750 | |
| 30-04-2021 | full format | 04-10-2021 | 2021-70700215 | |
| 30-04-2020 | full format | 03-09-2020 | 2020-50800454 | |
| 30-04-2019 | full format | 25-11-2019 | 2019-74300186 | |
| 30-04-2018 | full format | 28-08-2018 | 2018-52100548 | |
| 30-04-2017 | full format | 09-11-2017 | 2017-69500145 | |
| 30-04-2016 | full format | 14-09-2016 | 2016-59800562 |