EURATIO
EURATIO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €266k and a net result of €39k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 15880 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €266k |
| Net result | €39k |
| Staff (FTE) | 1.7 |
| Better than sector | 51% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.8% | 39.5% | |
| Net result | €39k | €5k | |
| Equity | €266k | €56k | |
| Gross operating margin | €135k | €26k | |
| Staff costs | €64k | €35k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €69k | €60k | €9k | €-287 |
| Net profit | €39k | €36k | €3k | €-2k |
| Cash flow | €48k | €42k | €6k | €104 |
| Staff costs | €64k | €40k | €59k | €60k |
| Income taxes | €14k | €12k | €1k | €122 |
| Dividends | - | - | - | - |
| Total assets | €651k | €374k | €301k | €254k |
| Equity | €266k | €226k | €191k | €187k |
| Debt | €385k | €148k | €111k | €67k |
| of which ≤ 1y | €381k | €133k | €111k | €67k |
| of which > 1y | €4k | €14k | - | - |
| Working capital | €170k | €206k | €181k | €175k |
| Employees (FTE) | 1.7 | 1.7 | 1.7 | 1.5 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.45 | 2.54 | 2.64 | 3.62 |
| Quick ratio | 0.10 | 0.17 | 0.13 | 0.29 |
| Working capital ratio | 26.1% | 55.1% | 60.2% | 69.0% |
| Solvency | 40.8% | 60.5% | 63.3% | 73.7% |
| Debt / equity | 1.45 | 0.65 | 0.58 | 0.36 |
| Long-term debt ratio | 0.02 | 0.06 | - | - |
| Interest coverage | 9.08 | 9.83 | 3.34 | -3.20 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 6.1% | 9.6% | 1.1% | -0.9% |
| ROE | 14.8% | 15.8% | 1.8% | -1.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €651k | €374k | €301k | €254k |
| Fixed assets | 21/28 | €100k | €35k | €9k | €12k |
| Tangible fixed assets | 22/27 | €100k | €34k | €9k | €12k |
| Financial fixed assets | 28 | €248 | €248 | €248 | €248 |
| Current assets | 29/58 | €551k | €339k | €292k | €242k |
| Stocks & contracts in progress | 3 | €514k | €317k | €278k | €223k |
| Amounts receivable within one year | 40/41 | €27k | €9k | €9k | €10k |
| Investments | 50/53 | - | €11k | - | - |
| Cash & bank | 54/58 | €6k | - | €2k | €6k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €651k | €374k | €301k | €254k |
| Equity | 10/15 | €266k | €226k | €191k | €187k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €8k | €8k | €8k | €8k |
| Accumulated profits (losses) | 14 | €239k | €199k | €163k | €160k |
| Amounts payable | 17/49 | €385k | €148k | €111k | €67k |
| Amounts payable after one year | 17 | €4k | €14k | - | - |
| Amounts payable within one year | 42/48 | €381k | €133k | €111k | €67k |
| Trade debts payable within one year | 44 | €79k | €7k | €7k | €9k |
| Income statement | |||||
| Gross operating margin | 9900 | €135k | €102k | €72k | €62k |
| Operating result | 9901 | €61k | €53k | €6k | €-3k |
| Financial income | 75 | €528 | €665 | €1k | €604 |
| Financial charges | 65 | €8k | €6k | €3k | €90 |
| Result before taxes | 9903 | €54k | €48k | €5k | €-2k |
| Income taxes | 67/77 | €14k | €12k | €1k | €122 |
| Net result for the period | 9904 | €39k | €36k | €3k | €-2k |
| Result to be appropriated | 9905 | €39k | €36k | €3k | €-2k |
-
Hoefnagels NielsDirectorState Gazette act 24156338 (30-10-2024)Current01-10-2024 → present
| NACE primary | Non-specialised wholesale trade(46900) |
| Legal form | Private limited company(610) |
| Incorporation | 03-02-1999 |
| Status | Active |
| Postal code | 2580 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006D0349/00E002 | Flanders | 1,136 m² | 1 · 521 m² | 6.7 m · 2 fl. |
| 12429D0115/00R003 | Flanders | 780 m² | 1 · 409 m² | 7.2 m · 1 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-10-2024 Hoefnagels Niels appointed as director
- Hoefnagels Niels, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Hoefnagels Niels",
"address": "Zandkuil 19, 2200 Herentals",
"birth_date": null,
"profession": null,
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},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-10-01",
"evidence_quote": "De algemene vergadering benoemt tot bestuurder de heer Hoefnagels Niels, wonende te Zandkuil 19, 2200 Herentals met ingang vanaf 01/10/2024.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
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},
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"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-10-30",
"filing_date": "2024-10-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-27",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0465.354.431",
"name_full": "Euratio",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Hoefnagels Tom",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | EURATIO |