EURECA BENELUX
ActiveSummary
EURECA BENELUX has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-101k) and a net result of €92k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency0=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.18 against 2.87 in 2024; short-term debt: 28.1% and cash: 78.2% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-42.1%
Return on assets
38.3%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
32 d late
2023
on the day
2022
47 d early
2021
46 d early
2020
87 d early
2019
134 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€227k▲ 5.1%
2024 · €216k
2023: €144k
2024: €216k
2023 → 2025
EBIT margin
40.3%▼ 1.0pp
2024 · 41.3%
2023: 41.4%
2024: 41.3%
2023 → 2025
Net result
€92k▲ 2.0%
2024 · €90k
2019: €-23k
2020: €-23k
2021: €-7k
2022: €6k
2023: €60k
2024: €90k
2019 → 2025
Working capital
€147k▲ 83.2%
2024 · €80k
2019: €-2k
2020: €616
2021: €197
2022: €-414
2023: €27k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€144k€216k▲ 50.4%€227k▲ 5.1%
Equity€-348k-€-342k▲ 1.8%€-283k▲ 17.4%€-193k▲ 31.8%€-101k▲ 47.7%
Operating result€-6k-€7k€60k▲ 812%€89k▲ 50.1%€92k▲ 2.5%
Net result€-7k-€6k€60k▲ 874%€90k▲ 51.2%€92k▲ 2.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€25k ▲ 11,509%
Current assets
€215k ▲ 74.2%
Key figures and ratios
Solvency
-42.1%▲
2024 · -156.1%
Current ratio
3.18▲
2024 · 2.87
Debt to equity
-3.38▼
2024 · -1.64
ROA
38.3%▼
2024 · 72.9%
Debt
€341k▲
2024 · €316k
Debt ≤ 1 year
€68k▲
2024 · €43k
Debt > 1 year
€273k=
2024 · €273k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€123k€240k▲
Fixed assets21/28€217€25k▲
Financial fixed assets28€217€25k▲
Current assets29/58€123k€215k▲
Amounts receivable within one year40/41€76k€27k▼
Trade receivables40€76k€27k▼
Cash at bank and in hand54/58€47k€188k▲
Equity and liabilities
Total equity and liabilities10/49€123k€240k▲
Equity10/15€-193k€-101k▲
Contributions10/11€1.06M€1.06M=
Capital10€0-
Issued capital100€0-
Outside capital11€1.06M€1.06M=
Other1109/19€1.06M€1.06M=
Profit (loss) carried forward14€-1.25M€-1.16M▲
Amounts payable17/49€316k€341k▲
Amounts payable after more than one year17€273k€273k=
Financial debts170/4€273k€273k=
Amounts payable within one year42/48€43k€68k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€27k€56k▲
Suppliers440/4€27k€56k▲
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€15k€11k▼
Other amounts payable47/48€0-
Income statement
Code20242025
Turnover70€216k€227k▲
Goods, raw materials, services and sundry goods60/61€127k€135k▲
Other operating charges640/8€384€437▲
Non-recurring operating charges66A-€1
Gross operating margin9900€90k€92k▲
Operating profit (loss)9901€89k€92k▲
Financial income75/76B€857€473▼
Recurring financial income75€857€473▼
Financial charges65/66B€162€180▲
Recurring financial charges65€162€180▲
Profit (loss) for the period before taxes9903€90k€92k▲
Profit (loss) for the period9904€90k€92k▲
Profit (loss) for the period to be appropriated9905€90k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.25M€-1.16M▲
Profit (loss) brought forward from the previous period14P€-1.34M€-1.25M▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
31-03
Financial
Highest result since 2019net €92k ▲2%
Operating result €92k, net result €92k, both a record.
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity times 6current ratio 1.47
Current ratio from 0.25 to 1.47.
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
2021
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 1.83
Current ratio from 0.58 to 1.83; short-term debt falls from €5k to €738.
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Waterloo · 1 establishment unit since 2022
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.
Avenue du Longchamp 31410 WaterlooGround area
695 m²
Building footprint
154 m²
Volume, LiDAR
1,092 m³
Parcel 25764O0395/00_000, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue du Longchamp 3, 1410 Waterloo
since 20222.388.437.829
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764O0395/00_000 | Wallonia | 695 m² | 1 · 154 m² | 9.5 m · 2 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.
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HG & ASSOCIES
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BK SOLUTIONS
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VERVOLEC
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 6,913 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-12-2003
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.