EURECA DESIGN
ActiveSummary
EURECA DESIGN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€18,444) and a net result of €9,760. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 13% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94▲+59
Solvency0=
Growth72▲+14
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.6 in 2023; short-term debt: 143% and cash: 1.2% of total assets), and equity is negative.
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Signals
Six 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 2024Solvency, return and age of the figures
Solvency
-43%
Return on assets
22.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 15869 sector peers (2024).
NBB · sector comparisonPosition among 15869 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 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
116 d late
2023
118 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 70 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€22,287▲ 1,062%
2023 · €1,917
EBIT margin
44.0%▲ 64.4pp
2023 · -20.4%
Net result
€9,760
2023 · -€430
Working capital
-€18,539▲ 34.5%
2023 · -€28,299
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1,917€22,287▲ 1,062%
Operating result-€3,791▲ 67.1%-€8,038▼ 112%€4,670-€392€9,798
Net result-€3,919below the sector's middle half▲ 66.6%-€8,071below the sector's middle half▼ 106%€4,614within the sector's middle half-€430within the sector's middle half€9,760within the sector's middle half
EBIT margin-20.4%44.0%▲ 64.4pp
Equity-€23,846below the sector's middle half▼ 19.7%-€31,917below the sector's middle half▼ 33.8%-€23,628below the sector's middle half▲ 26.0%-€28,204below the sector's middle half▼ 19.4%-€18,444below the sector's middle half▲ 34.6%
Total assets€49,921below the sector's middle half▲ 12.3%€40,781below the sector's middle half▼ 18.3%€43,564below the sector's middle half▲ 6.8%€42,555below the sector's middle half▼ 2.3%€42,878below the sector's middle half▲ 0.8%
Debt€73,766▲ 14.6%€72,698▼ 1.4%€67,193▼ 7.6%€70,759▲ 5.3%€61,322▼ 13.3%
Working capital-€23,846below the sector's middle half▼ 19.7%-€32,012below the sector's middle half▼ 34.2%-€23,677below the sector's middle half▲ 26.0%-€28,299below the sector's middle half▼ 19.5%-€18,539below the sector's middle half▲ 34.5%
Solvency-47.8%below the sector's middle half▼ 3.0pp-78.3%below the sector's middle half▼ 30.5pp-54.2%below the sector's middle half▲ 24.0pp-66.3%below the sector's middle half▼ 12.0pp-43.0%below the sector's middle half▲ 23.3pp
Current ratio0.68below the sector's middle half▼ 0.010.56below the sector's middle half▼ 0.120.65below the sector's middle half▲ 0.090.60below the sector's middle half▼ 0.050.70below the sector's middle half▲ 0.10
Return on assets (ROA)-7.9%below the sector's middle half▲ 18.5pp-19.8%below the sector's middle half▼ 11.9pp10.6%within the sector's middle half▲ 30.4pp-1.0%within the sector's middle half▼ 11.6pp22.8%above the sector's middle half▲ 23.8pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €9,798 after a loss of €392 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €42,878
Fixed assets
€95 =
Current assets
€42,783 ▲ 0.8%
Key figures and ratios
Quick ratio
0.32▲
2023 · 0.13
Debt to equity
-3.32▼
2023 · -2.51
Debt ≤ 1 year
€61,322▼
2023 · €70,759
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1,917 | €22,287 | ▲ 1,062% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €2,309 | €12,488 | ▲ 441% |
| Gross operating margin9900 | €3,029 | -€8,038 | €4,670 | -€392 | €9,798 | ▲ 2,600% |
| Operating profit (loss)9901 | -€3,791 | -€8,038 | €4,670 | -€392 | €9,798 | ▲ 2,600% |
| Recurring financial income75 | €16 | - | - | - | - | - |
| Financial charges65/66B | - | €33 | €56 | €38 | €38 | = |
| Recurring financial charges65 | €144 | €33 | €56 | €38 | €38 | = |
| Profit (loss) for the period before taxes9903 | -€3,919 | -€8,071 | €4,614 | -€430 | €9,760 | ▲ 2,368% |
| Profit (loss) for the period9904 | -€3,919 | -€8,071 | €4,614 | -€430 | €9,760 | ▲ 2,368% |
| Profit (loss) for the period to be appropriated9905 | -€3,919 | -€8,071 | €4,614 | -€430 | €9,760 | ▲ 2,368% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49,921 | €40,781 | €43,564 | €42,555 | €42,878 | ▲ 0.8% |
| Fixed assets21/28 | - | €95 | €95 | €95 | €95 | = |
| Tangible fixed assets22/27 | - | - | - | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | - | €95 | €95 | €95 | €95 | = |
| Current assets29/58 | €49,921 | €40,686 | €43,469 | €42,460 | €42,783 | ▲ 0.8% |
| Stocks and contracts in progress3 | €26,778 | €33,068 | €26,778 | €33,068 | €23,068 | ▼ 30.2% |
| Stocks30/36 | - | €33,068 | €26,778 | €33,068 | €23,068 | ▼ 30.2% |
| Amounts receivable within one year40/41 | €9,014 | €5,229 | €16,103 | €8,023 | €19,209 | ▲ 139% |
| Trade receivables40 | - | €367 | €10,824 | €3,399 | €14,735 | ▲ 334% |
| Other amounts receivable41 | - | €4,862 | €5,278 | €4,624 | €4,474 | ▼ 3.2% |
| Cash at bank and in hand54/58 | €13,180 | €1,050 | €589 | €1,369 | €505 | ▼ 63.1% |
| Deferred charges and accrued income490/1 | - | €1,339 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49,921 | €40,781 | €43,564 | €42,555 | €42,878 | ▲ 0.8% |
| Equity10/15 | -€23,846 | -€31,917 | -€23,628 | -€28,204 | -€18,444 | ▲ 34.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€42,446 | -€50,517 | -€42,228 | -€46,804 | -€37,044 | ▲ 20.9% |
| Amounts payable17/49 | €73,766 | €72,698 | €67,193 | €70,759 | €61,322 | ▼ 13.3% |
| Amounts payable within one year42/48 | €73,766 | €72,698 | €67,147 | €70,759 | €61,322 | ▼ 13.3% |
| Trade debts44 | €8,983 | €11,669 | - | €1,532 | €399 | ▼ 74.0% |
| Suppliers440/4 | - | €11,669 | - | €1,532 | €399 | ▼ 74.0% |
| Advances received on contracts in progress46 | - | - | - | €1,622 | €1,029 | ▼ 36.6% |
| Taxes, remuneration and social security45 | - | - | €236 | - | €855 | - |
| Taxes450/3 | - | - | €236 | - | €855 | - |
| Other amounts payable47/48 | - | €61,029 | €66,911 | €67,605 | €59,040 | ▼ 12.7% |
| Accrued charges and deferred income492/3 | - | - | €46 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,919 | -€8,071 | €4,614 | -€430 | €9,760 | ▲ 2,368% |
| Operating cash flow (approximation) | -€3,919 | -€8,071 | €4,614 | -€430 | €9,760 | ▲ 2,368% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | -€12,130 | -€462 | €780 | -€864 | ▼ 211% |
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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
2024
31-12
Financial
Back to profitnet €9,760
Net result €9,760 after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €4,614
Net result €4,614 after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Weakest financial yearnet -€11,718
Net result drops to -€11,718, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 2013
Ground area
1.0 ha
Building footprint
1,772 m²
Volume, LiDAR
33,713 m³
Parcel 25763M0621/00F000, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
EURECA DESIGN
since 20132.221.082.739
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
0 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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A & C DESIGN
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Ukkel
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,173 companies in sector 46499 we hold annual accounts for 743. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537183030
Also
9925:BE0537183030
Registered
02-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.