Equity
€97,544 from €266,446 in 2014
Equity fell by 63% in 12 years.
EURECO
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €16,206 (2007)
-€8,826▼ €334
lowest -€24,257 (2022)
-€13,250▼ €778
peak €266,446 (2014)
€97,544▼ 12.0%
€68,857▲ 1.6%
Board3 names since 2018
3 directors and 2 others
Documentsfilings and deeds
28-10-202695 days before the deadline
2026micro format
Loss of €13,250
Key points
from the 2026 annual accountsLosses
-€168,902 in twelve years
Every financial year from 2015 to 2026 closed with a loss. 2022 was the heaviest.
Filings
36 annual accounts since 1990
The last five annual accounts were filed 85 to 95 days before the end of the period.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as EURECO has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 12,344 companies, not a prediction for EURECO. 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.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 05-09-2023
Director, since 05-09-2023
Recent changes
3 directors resigning, 3 reappointments
Resignations: , and · Reappointments: , and · Gazette deed
1 director appointed, 3 reappointments
Reappointments: , and · Appointment: (chair) · General meeting of 29-10-2018 · Gazette deed
First establishment
Hollandsveldlaan 17, Hasselt
Incorporation
published on 09-09-1989 · Gazette deed
Official details
Source: KBO- Status
- Active since 11-08-1989Normal situation
- Activity
- “Alle welkdanige roerende of onroerende, handels- of financiële verrichtingen, die rechtstreeks of onrechtstreeks, geheel…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.050.207.3413500 Hasselt, since 01-10-1996
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2026
- €166,402▼ 6.8%
- Filing
- Filed on 28-10-2026, 95 days before the end of the filing period
Insights on EURECO
EURECO files the micro format. That format states no turnover. The gross margin fell from €16,206 in 2007 to -€8,826 in 2026.
In September 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EURECO
- What is the company number of EURECO?
- The company number of EURECO is 0438.157.215. The VAT number is the same number with BE in front: BE 0438.157.215.
- Where is EURECO based?
- The registered office is at Hollandsveldlaan 17, 3500 Hasselt.Company details
- What is the legal form of EURECO?
- EURECO is a public limited company (NV).
- When was EURECO founded?
- EURECO was founded on 11-08-1989.
- Is EURECO still active?
- Yes, EURECO is an active enterprise in the KBO register.
- What is the turnover of EURECO?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
- Is EURECO profitable?
- In financial year 2026, EURECO made a loss of €13,250.
- Where can I find the annual accounts of EURECO?
- EURECO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of EURECO due?
- EURECO must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
Next steps
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