EURATEC
ActiveThe computed 12-month bankruptcy probability of EURATEC is 3.7% (moderate). The 2024 annual accounts show equity of €821k and a net result of €282k. Equity is growing by ~54.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-2
Solvency55▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.46 in 2023; short-term debt: 31% and cash: 12.3% of total assets), and 70.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.9%
Return on assets
10.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
39 d late
2022
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€282k▼ 9.2%
2023 · €311k
2022: €220k
2023: €311k
2022 → 2024
Working capital
€49k▼ 79.4%
2023 · €236k
2022: €206k
2023: €236k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€233k-€539k▲ 131%€821k▲ 52.3%
Operating result€297k-€429k▲ 44.4%€414k▼ 3.4%
Net result€220k-€311k▲ 41.3%€282k▼ 9.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.74M
Fixed assets
€1.84M▲ 1.1%
Current assets
€900k▲ 20.0%
Equity and liabilities €2.74M
Equity
€821k▲ 52.3%
Debt
€1.92M▼ 5.5%
The debt ratio falls from 79.0% to 70.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€421k▼
2023 · €435k
Cash flow
€289k▼
2023 · €317k
Solvency
29.9%▲
2023 · 21.0%
Current ratio
1.06▼
2023 · 1.46
Quick ratio
1.06▼
2023 · 1.46
Debt / equity
2.34▼
2023 · 3.77
ROE
34.3%▼
2023 · 57.6%
ROA
10.3%▼
2023 · 12.1%
Interest coverage
350.94▲
2023 · 29.38
Debt
€1.92M▼
2023 · €2.03M
Debt ≤ 1 year
€851k▲
2023 · €514k
Debt > 1 year
€1.07M▼
2023 · €1.52M
Income taxes
€133k▲
2023 · €104k
Staff costs
€298k▲
2023 · €208k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.57M€2.74M▲
Fixed assets21/28€1.82M€1.84M▲
Tangible fixed assets22/27€22k€23k▲
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€12k€15k▲
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€1.80M€1.82M▲
Current assets29/58€750k€900k▲
Amounts receivable within one year40/41€693k€547k▼
Trade receivables40€679k€469k▼
Other amounts receivable41€14k€78k▲
Cash at bank and in hand54/58€49k€337k▲
Deferred charges and accrued income490/1€9k€16k▲
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.74M▲
Equity10/15€539k€821k▲
Contributions10/11€20k€20k=
Reserves13-€280k
Distributable reserves133-€280k
Profit (loss) carried forward14€519k€521k▲
Amounts payable17/49€2.03M€1.92M▼
Amounts payable after more than one year17€1.52M€1.07M▼
Other amounts payable178/9€1.52M€1.07M▼
Amounts payable within one year42/48€514k€851k▲
Trade debts44€265k€675k▲
Suppliers440/4€265k€675k▲
Taxes, remuneration and social security45€189k€173k▼
Taxes450/3€168k€134k▼
Remuneration and social security454/9€21k€39k▲
Other amounts payable47/48€60k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€208k€298k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€5k€10k▲
Gross operating margin9900€649k€729k▲
Operating profit (loss)9901€429k€414k▼
Financial income75/76B€950€1k▲
Recurring financial income75€950€1k▲
Financial charges65/66B€15k€1k▼
Recurring financial charges65€15k€1k▼
Profit (loss) for the period before taxes9903€415k€414k▼
Income taxes67/77€104k€133k▲
Profit (loss) for the period9904€311k€282k▼
Profit (loss) for the period to be appropriated9905€311k€282k▼
Appropriation of the result
Profit (loss) to be appropriated9906€519k€801k▲
Profit (loss) brought forward from the previous period14P€209k€519k▲
Transfer to equity691/2-€280k
To other reserves6921-€280k
Social balance
Average headcount (FTE)90875.0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-03
State Gazette act
Capital & shares · Statutes amendment · RestructuringGeneral meeting · Statutes amendment · Merger13 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Restructuring
General meeting · Statutes amendment · Merger13 facts ▸
- General meeting, 26/02/2026
- Statutes amendment
- Merger, fusion par absorption, 01/01/2026
- Accounting effect, 01/01/2026
- Dissolution, 2026-02-26
- Purpose change, La société a pour objet, en Belgique et à l'étranger, tant pour son compte propre que pour compte de tiers ou en participation avec des tiers: 1) Comme objet pr…
- Corporate purpose, La société a pour objet, en Belgique et à l'étranger, tant pour son compte propre que pour compte de tiers ou en participation avec des tiers: 1) Comme objet pr…
- Capital
- Power of attorney, Digicofisc
- Power of attorney, Pierre LEBON
- Shareholding, 100%
- Merger regime, neutralité comptable et fiscale
- +1 further facts in this act
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 39 days late
2023
31-12
Financial
Highest result since 2022net €311k ▲41.3%
Operating result €429k, net result €311k, both a record.
31-12
Financial
Equity above €500kEq €539k ▲131%
2 profitable years in a row build equity to €539k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2023
Benasker Mohammed: Resigned as Director
01-01-2023
Tahar Faïssal: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Laneaustraat 1031020 BrusselGround area
1,038 m²
Building footprint
1,011 m²
Volume, LiDAR
9,513 m³
Parcel 21815D0011/00F004, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Euratec
since 20212.320.378.570
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0011/00F004 | Brussels | 1,037 m² | 1 · 1,011 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTook over:HEMATOP
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 7,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
61100Wired, wireless and satellite telecommunications
61200Telecommunications
41003General construction of other non-residential buildings
47400Retail sale of information and communication equipment
47410Retail trade
62900Other information technology and computer services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.