Eureka
ActiveSummary
Eureka has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €880,019 and a net result of €36,527. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 34% of 690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+11
Solvency60▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.7 in 2024; short-term debt: 14.6% and cash: 11.6% of total assets), but 65.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer 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
34.7%
Return on assets
1.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d early
2023
12 d early
2022
11 d early
2021
34 d early
2020
40 d early
2019
38 d early
← 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 19 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 oldest company in Veurne
Equity
€880,019▲ 4.3%
2024 · €843,492
Total assets
€2.5m▼ 1.4%
2024 · €2.6m
Net result
€36,527▲ 326%
2024 · €8,579
Working capital
€244,431▼ 4.4%
2024 · €255,603
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€101,707▲ 102%€240,819▲ 137%€305,779▲ 27.0%€47,840▼ 84.4%€79,738▲ 66.7%
Net result€92,931▲ 123%€184,591▲ 98.6%€208,801▲ 13.1%€8,579▼ 95.9%€36,527▲ 326%
Equity€441,521▲ 26.7%€626,112▲ 41.8%€834,913▲ 33.3%€843,492▲ 1.0%€880,019▲ 4.3%
Total assets€1.9m▲ 121%€2.4m▲ 27.1%€3.0m▲ 22.5%€2.6m▼ 13.6%€2.5m▼ 1.4%
Debt€1.4m▲ 194%€1.7m▲ 20.6%€2.0m▲ 15.6%€1.6m▼ 20.2%€1.5m▼ 4.2%
Working capital€379,250▲ 40.7%€294,884▼ 22.2%-€5,859€255,603€244,431▼ 4.4%
Staff (FTE)7.1▲ 22.4%8.6▲ 21.1%7.5▼ 12.8%7.6▲ 1.3%8▲ 5.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -96% on 2023. Cause not known from the registers.
- 2021 Total assets +121% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 67% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€1.9m ▼ 1.7%
Current assets
€615,829 ▼ 0.5%
Equity and liabilities €2.5m
Equity
€880,019 ▲ 4.3%
Provisions
€117,649 ▼ 4.8%
Debt
€1.5m ▼ 4.2%
Debt's share of the balance-sheet total falls from 62.4% to 60.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€244,228▲
2024 · €209,401
Cash flow
€201,017▲
2024 · €170,140
Current ratio
1.66▼
2024 · 1.70
Debt to equity
1.75▼
2024 · 1.90
ROE
4.2%▲
2024 · 1.0%
ROA
1.4%▲
2024 · 0.3%
Interest coverage
6.45▲
2024 · 4.92
Debt ≤ 1 year
€371,397▲
2024 · €363,618
Debt > 1 year
€1.1m▼
2024 · €1.2m
Income taxes
€20,614▲
2024 · €13,075
Staff costs
€461,699▲
2024 · €406,282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 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% | 1.6% |
| 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 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 16,986 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,413 | €161,762 | €285,104 | €0 | €18,477 | - |
| Remuneration, social security and pensions62 | €307,087 | €363,827 | €373,388 | €406,282 | €461,699 | ▲ 13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €142,071 | €164,761 | €234,524 | €161,561 | €164,490 | ▲ 1.8% |
| Other operating charges640/8 | €9,632 | €10,067 | €14,753 | €12,851 | €20,351 | ▲ 58.4% |
| Non-recurring operating charges66A | - | €727 | €1,964 | €51,815 | €2,486 | ▼ 95.2% |
| Gross operating margin9900 | €560,497 | €780,201 | €930,407 | €680,350 | €728,764 | ▲ 7.1% |
| Operating profit (loss)9901 | €101,707 | €240,819 | €305,779 | €47,840 | €79,738 | ▲ 66.7% |
| Financial income75/76B | €7,116 | €6,858 | €9,936 | €10,504 | €9,415 | ▼ 10.4% |
| Recurring financial income75 | €7,116 | €6,858 | €9,936 | €10,504 | €9,415 | ▼ 10.4% |
| Financial charges65/66B | €15,716 | €26,497 | €40,826 | €42,564 | €37,887 | ▼ 11.0% |
| Recurring financial charges65 | €15,716 | €26,497 | €40,826 | €42,564 | €37,887 | ▼ 11.0% |
| Profit (loss) for the period before taxes9903 | €93,107 | €221,179 | €274,889 | €15,780 | €51,267 | ▲ 225% |
| Transfer from deferred taxes780 | - | €1,504 | €4,161 | €5,875 | €5,875 | = |
| Transfer to deferred taxes680 | - | €37,828 | €69,726 | €0 | - | - |
| Income taxes67/77 | €177 | €265 | €523 | €13,075 | €20,614 | ▲ 57.7% |
| Profit (loss) for the period9904 | €92,931 | €184,591 | €208,801 | €8,579 | €36,527 | ▲ 326% |
| Transfer from tax-exempt reserves789 | - | €4,513 | €12,483 | €17,624 | €17,624 | = |
| Transfer to tax-exempt reserves689 | - | €113,483 | €209,178 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €92,931 | €75,621 | €12,106 | €26,203 | €54,150 | ▲ 107% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.4m | €3.0m | €2.6m | €2.5m | ▼ 1.4% |
| Fixed assets21/28 | €1.3m | €1.6m | €2.4m | €2.0m | €1.9m | ▼ 1.7% |
| Intangible fixed assets21 | €2,998 | €5,542 | €4,186 | €2,830 | €1,474 | ▼ 47.9% |
| Tangible fixed assets22/27 | €1.3m | €1.6m | €2.3m | €1.9m | €1.9m | ▼ 1.7% |
| Land and buildings22 | €733,591 | €887,519 | €1.1m | €825,079 | €801,737 | ▼ 2.8% |
| Plant, machinery and equipment23 | €403,825 | €490,298 | €475,297 | €385,524 | €329,703 | ▼ 14.5% |
| Furniture and vehicles24 | €188,658 | €259,671 | €284,472 | €254,721 | €309,657 | ▲ 21.6% |
| Other tangible fixed assets26 | - | - | €490,169 | €480,310 | €472,275 | ▼ 1.7% |
| Financial fixed assets28 | €10,375 | €2,875 | €2,875 | €4,875 | €4,875 | = |
| Current assets29/58 | €573,198 | €785,622 | €622,528 | €619,221 | €615,829 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €348,655 | €512,288 | €339,849 | €315,991 | €296,208 | ▼ 6.3% |
| Trade receivables40 | €82,048 | €95,977 | €155,313 | €126,120 | €100,155 | ▼ 20.6% |
| Other amounts receivable41 | €266,607 | €416,312 | €184,536 | €189,871 | €196,053 | ▲ 3.3% |
| Current investments50/53 | - | - | €100,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €211,206 | €254,821 | €162,582 | €280,250 | €294,498 | ▲ 5.1% |
| Deferred charges and accrued income490/1 | €13,336 | €18,513 | €20,097 | €22,981 | €25,122 | ▲ 9.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.4m | €3.0m | €2.6m | €2.5m | ▼ 1.4% |
| Equity10/15 | €441,521 | €626,112 | €834,913 | €843,492 | €880,019 | ▲ 4.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €422,921 | €607,512 | €816,313 | €824,892 | €861,419 | ▲ 4.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €21,600 | €130,570 | €327,265 | €309,641 | €292,017 | ▼ 5.7% |
| Distributable reserves133 | €399,461 | €475,082 | €489,048 | €515,251 | €569,401 | ▲ 10.5% |
| Provisions and deferred taxes16 | €27,510 | €63,833 | €129,398 | €123,523 | €117,649 | ▼ 4.8% |
| Provisions for liabilities and charges160/5 | €27,510 | €27,510 | €27,510 | €27,510 | €27,510 | = |
| Pensions and similar obligations160 | €27,510 | €27,510 | €27,510 | €27,510 | €27,510 | = |
| Deferred taxes168 | - | €36,323 | €101,888 | €96,014 | €90,139 | ▼ 6.1% |
| Amounts payable17/49 | €1.4m | €1.7m | €2.0m | €1.6m | €1.5m | ▼ 4.2% |
| Amounts payable after more than one year17 | €1.2m | €1.2m | €1.4m | €1.2m | €1.1m | ▼ 6.3% |
| Financial debts170/4 | €1.2m | €1.2m | €1.4m | €1.2m | €1.1m | ▼ 6.3% |
| Amounts payable within one year42/48 | €193,948 | €490,738 | €628,388 | €363,618 | €371,397 | ▲ 2.1% |
| Current portion of amounts payable after more than one year42 | €70,568 | €142,327 | €158,349 | €153,692 | €156,880 | ▲ 2.1% |
| Financial debts43 | €1,617 | €210,194 | €250,800 | €5,081 | €5,043 | ▼ 0.7% |
| Credit institutions430/8 | €1,617 | €210,194 | €250,169 | €164 | €58 | ▼ 64.3% |
| Other loans439 | - | - | €630 | €4,917 | €4,985 | ▲ 1.4% |
| Trade debts44 | €70,935 | €28,899 | €46,443 | €57,402 | €72,506 | ▲ 26.3% |
| Suppliers440/4 | €70,935 | €28,899 | €46,443 | €57,402 | €72,506 | ▲ 26.3% |
| Advances received on contracts in progress46 | €25 | €360 | €0 | €717 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €49,291 | €95,942 | €101,084 | €87,287 | €110,205 | ▲ 26.3% |
| Taxes450/3 | €10,021 | €39,540 | €12,235 | €27,053 | €45,804 | ▲ 69.3% |
| Remuneration and social security454/9 | €39,270 | €56,402 | €88,849 | €60,234 | €64,400 | ▲ 6.9% |
| Other amounts payable47/48 | €1,512 | €13,016 | €71,712 | €59,439 | €26,763 | ▼ 55.0% |
| Accrued charges and deferred income492/3 | €20,000 | €20,000 | €25,951 | €66,092 | €64,799 | ▼ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92,931 | €184,591 | €208,801 | €8,579 | €36,527 | ▲ 326% |
| + Depreciation and write-downs630 | €142,071 | €164,761 | €234,524 | €161,561 | €164,490 | ▲ 1.8% |
| Operating cash flow (approximation) | €235,001 | €349,352 | €443,324 | €170,140 | €201,017 | ▲ 18.1% |
| Investment in fixed assets (approximation) | - | -€471,219 | -€943,577 | €240,057 | -€130,871 | ▼ 155% |
| Change in cash | - | €43,615 | -€92,239 | €117,668 | €14,248 | ▼ 87.9% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €208,801 ▲13.1%
Operating result €305,779, net result €208,801, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €626,112 ▲41.8%
4 profitable years in a row build equity to €626,112.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €47,760
Net result €47,760 after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Veurne · 6 establishment units since 1969
Ground area
9,734 m²
Building footprint
1,605 m²
Volume, LiDAR
12,962 m³
6 parcels, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
6 establishment units
Autorijschool Eureka
since 19692.002.961.215
Autorijschool Eureka
since 19692.002.961.314
Autorijschool Eureka
since 20142.230.264.085
Autorijschool Eureka
since 20222.331.656.504
Autorijschool Eureka
since 20222.331.656.603
Eureka
since 20222.331.656.702
6 parcels
Flanders
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0217/00B016 | Flanders | 5,469 m² | 1 · 161 m² | - |
| 32014C0557/00L006 | Flanders | 2,783 m² | 1 · 336 m² | 11.5 m · 2 fl. |
| 35022A0122/00W000 | Flanders | 930 m² | 1 · 619 m² | 13.5 m · 4 fl. |
| 38343A0420/00T000 | Flanders | 228 m² | 1 · 166 m² | 11.1 m · 3 fl. |
| 38025A0057/00T009 | Flanders | 214 m² | 1 · 214 m² | 10.4 m · 2 fl. |
| 38016A0031/00Y055 | Flanders | 108 m² | 1 · 108 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- VERMOGENSBEHEER EUREKA
- Eureka
Highest known parent: VERMOGENSBEHEER EUREKA. The sources do not say who stands above it.
Owners 1
-
98.52%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 94,729 EUR awarded · 89,959 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 30,176 EUR | 27,681 EUR |
| 2024 | 2 | 22,696 EUR | 24,135 EUR |
| 2023 | 2 | 26,685 EUR | 23,726 EUR |
| 2022 | 2 | 15,172 EUR | 14,417 EUR |
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Of 1,038 companies in sector 85531 we hold annual accounts for 347. 140 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-1969
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406842645
Also
9925:BE0406842645
Registered
12-03-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.