EUREGIO.NET
ActiveSummary
EUREGIO.NET has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,040 and a net result of €26,593. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 94 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+7
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 5.29 against 4.53 in 2024; short-term debt: 13% and cash: 13.4% of total assets), and 13% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87%
Return on assets
27.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €83,040
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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
22 d late
2024
25 d late
2023
28 d late
2022
28 d late
2021
31 d late
2020
24 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€83,040▲ 47.1%
2024 · €56,447
Total assets
€95,488▲ 38.7%
2024 · €68,846
Net result
€26,593▲ 101%
2024 · €13,214
Working capital
€53,358▲ 21.9%
2024 · €43,784
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, 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
Line20212022202320242025
Operating result€6,542-€5,307-€9,429▼ 77.7%€13,341€27,770▲ 108%
Net result€6,195within the sector's middle half-€4,897below the sector's middle half-€9,466within the sector's middle half▼ 93.3%€13,214within the sector's middle half€26,593within the sector's middle half▲ 101%
Equity€57,596within the sector's middle half▲ 12.1%€52,699within the sector's middle half▼ 8.5%€43,233within the sector's middle half▼ 18.0%€56,447within the sector's middle half▲ 30.6%€83,040within the sector's middle half▲ 47.1%
Total assets€65,732below the sector's middle half▲ 7.9%€66,327within the sector's middle half▲ 0.9%€55,102below the sector's middle half▼ 16.9%€68,846within the sector's middle half▲ 24.9%€95,488below the sector's middle half▲ 38.7%
Debt€8,136▼ 14.5%€13,628▲ 67.5%€11,869▼ 12.9%€12,399▲ 4.5%€12,448▲ 0.4%
Working capital€53,489within the sector's middle half▲ 10.8%€46,132within the sector's middle half▼ 13.8%€32,506within the sector's middle half▼ 29.5%€43,784within the sector's middle half▲ 34.7%€53,358within the sector's middle half▲ 21.9%
Solvency87.6%above the sector's middle half▲ 3.2pp79.5%above the sector's middle half▼ 8.2pp78.5%above the sector's middle half▼ 1.0pp82.0%above the sector's middle half▲ 3.5pp87.0%above the sector's middle half▲ 5.0pp
Current ratio7.57above the sector's middle half▲ 1.504.39above the sector's middle half▼ 3.193.74above the sector's middle half▼ 0.654.53above the sector's middle half▲ 0.795.29above the sector's middle half▲ 0.76
Return on assets (ROA)9.4%within the sector's middle half▲ 37.8pp-7.4%below the sector's middle half▼ 16.8pp-17.2%below the sector's middle half▼ 9.8pp19.2%within the sector's middle half▲ 36.4pp27.8%above the sector's middle half▲ 8.7pp
above
within
below
the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 108% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,488
Fixed assets
€29,682 ▲ 134%
Current assets
€65,806 ▲ 17.1%
Equity and liabilities €95,488
Equity
€83,040 ▲ 47.1%
Debt
€12,448 ▲ 0.4%
Debt's share of the balance-sheet total falls from 18.0% to 13.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34,100▲
2024 · €19,421
Cash flow
€32,923▲
2024 · €19,295
Debt to equity
0.15▼
2024 · 0.22
ROE
32.0%▲
2024 · 23.4%
Interest coverage
25.71▼
2024 · 62.63
Debt ≤ 1 year
€12,448▲
2024 · €12,399
Income taxes
€67▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,608 | €2,727 | €4,588 | €6,081 | €6,330 | ▲ 4.1% |
| Other operating charges640/8 | €993 | €1,025 | €1,102 | €2,090 | €562 | ▼ 73.1% |
| Non-recurring operating charges66A | - | - | - | €25 | €0 | ▼ 100% |
| Gross operating margin9900 | €10,144 | -€1,555 | -€3,739 | €21,536 | €34,662 | ▲ 61.0% |
| Operating profit (loss)9901 | €6,542 | -€5,307 | -€9,429 | €13,341 | €27,770 | ▲ 108% |
| Financial income75/76B | €85 | €542 | €144 | €184 | €216 | ▲ 17.6% |
| Recurring financial income75 | €85 | €542 | €144 | €184 | €216 | ▲ 17.6% |
| Financial charges65/66B | €432 | €132 | €176 | €310 | €1,326 | ▲ 328% |
| Recurring financial charges65 | €432 | €132 | €176 | €310 | €1,326 | ▲ 328% |
| Profit (loss) for the period before taxes9903 | €6,195 | -€4,897 | -€9,461 | €13,214 | €26,660 | ▲ 102% |
| Income taxes67/77 | - | - | €5 | €0 | €67 | - |
| Profit (loss) for the period9904 | €6,195 | -€4,897 | -€9,466 | €13,214 | €26,593 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €6,195 | -€4,897 | -€9,466 | €13,214 | €26,593 | ▲ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65,732 | €66,327 | €55,102 | €68,846 | €95,488 | ▲ 38.7% |
| Fixed assets21/28 | €4,107 | €6,566 | €10,727 | €12,663 | €29,682 | ▲ 134% |
| Intangible fixed assets21 | - | - | - | - | €20,801 | - |
| Tangible fixed assets22/27 | €4,107 | €6,566 | €10,727 | €12,663 | €8,881 | ▼ 29.9% |
| Land and buildings22 | - | - | €1,896 | €1,707 | €1,517 | ▼ 11.1% |
| Furniture and vehicles24 | €4,107 | €6,566 | €8,830 | €10,956 | €7,364 | ▼ 32.8% |
| Current assets29/58 | €61,625 | €59,761 | €44,376 | €56,183 | €65,806 | ▲ 17.1% |
| Amounts receivable within one year40/41 | €7,956 | €10,266 | €11,312 | €7,695 | €9,710 | ▲ 26.2% |
| Trade receivables40 | €7,332 | €10,266 | €11,312 | €7,661 | €9,710 | ▲ 26.7% |
| Other amounts receivable41 | €625 | - | - | €34 | €0 | ▼ 100% |
| Current investments50/53 | €42,500 | €42,500 | €27,511 | €37,500 | €42,500 | ▲ 13.3% |
| Cash at bank and in hand54/58 | €9,566 | €6,390 | €5,185 | €10,592 | €12,830 | ▲ 21.1% |
| Deferred charges and accrued income490/1 | €1,603 | €604 | €367 | €396 | €766 | ▲ 93.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65,732 | €66,327 | €55,102 | €68,846 | €95,488 | ▲ 38.7% |
| Equity10/15 | €57,596 | €52,699 | €43,233 | €56,447 | €83,040 | ▲ 47.1% |
| Contributions10/11 | €151,215 | €151,215 | €151,215 | €151,215 | €151,215 | = |
| Capital10 | €151,215 | €151,215 | €151,215 | €151,215 | €151,215 | = |
| Issued capital100 | €151,215 | €151,215 | €151,215 | €151,215 | €151,215 | = |
| Reserves13 | €57,679 | €57,679 | €57,679 | €57,679 | €57,679 | = |
| Non-distributable reserves130/1 | €15,122 | €15,122 | €15,122 | €15,122 | €15,122 | = |
| Legal reserve130 | €15,122 | €15,122 | €15,122 | €15,122 | €15,122 | = |
| Tax-exempt reserves132 | €42,557 | €42,557 | €42,557 | €42,557 | €42,557 | = |
| Profit (loss) carried forward14 | -€151,298 | -€156,195 | -€165,661 | -€152,447 | -€125,854 | ▲ 17.4% |
| Amounts payable17/49 | €8,136 | €13,628 | €11,869 | €12,399 | €12,448 | ▲ 0.4% |
| Amounts payable within one year42/48 | €8,136 | €13,628 | €11,869 | €12,399 | €12,448 | ▲ 0.4% |
| Trade debts44 | - | €4,691 | €3,795 | €3,782 | €4,621 | ▲ 22.2% |
| Suppliers440/4 | - | €4,691 | €3,795 | €3,782 | €4,621 | ▲ 22.2% |
| Taxes, remuneration and social security45 | €6,370 | €6,579 | €5,782 | €7,246 | €6,727 | ▼ 7.2% |
| Taxes450/3 | €6,370 | €6,579 | €5,782 | €7,246 | €6,727 | ▼ 7.2% |
| Other amounts payable47/48 | €1,766 | €2,358 | €2,292 | €1,372 | €1,100 | ▼ 19.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,195 | -€4,897 | -€9,466 | €13,214 | €26,593 | ▲ 101% |
| + Depreciation and write-downs630 | €2,608 | €2,727 | €4,588 | €6,081 | €6,330 | ▲ 4.1% |
| Operating cash flow (approximation) | €8,803 | -€2,170 | -€4,878 | €19,295 | €32,923 | ▲ 70.6% |
| Investment in fixed assets (approximation) | - | -€5,187 | -€8,749 | -€8,017 | -€23,349 | ▼ 191% |
| Change in cash | - | -€3,175 | -€1,205 | €5,407 | €2,238 | ▼ 58.6% |
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
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
31-12
Financial
Highest result since 2018net €26,593 ▲101%
Operating result €27,770, net result €26,593, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €13,214
Net result €13,214 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €6,195
Net result €6,195 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 29 days late
2019
31-12
Financial
Weakest financial yearnet -€46,072
Net result drops to -€46,072, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 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, Büllingen · 1 establishment unit since 1995
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.
Wirtzfeld,Zur Holzwarche 274761 Büllingen1 establishment unit
Wirtzfeld,Zur Holzwarche 29, 4761 Büllingen
since 19952.072.660.168
Recognitions · licences · registrations
Legal Entity Identifier
967600ZSDC0DK3K2J697
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Of 1,372 companies in sector 61100 we hold annual accounts for 590. 408 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-07-1995
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
46649Wholesale of other machinery and equipment
63100Computing infrastructure, data processing, hosting and related activities
73110Advertising agencies
73300Public relations and communication consultancy
85592Vocational training
Contact
Website
www.euregio.net
E-mail
info@euregio.net
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455638890
Also
9925:BE0455638890
Registered
25-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.