EURO BELGA
ActiveThe computed 12-month bankruptcy probability of EURO BELGA is 2.0% (moderate). The 2024 annual accounts show equity of €58k and a net result of €-2k. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 2438 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
70
/ 100
Healthy▼ -23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-72
Solvency98▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.97 in 2023), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
58.4%
Return on assets
-2.1%
Age of the figures
20 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
15 d early
2022
60 d late
2021
31 d late
2020
29 d late
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€58k▼ 3.4%
2023 · €60k
2018: €2k
2019: €12k
2020: €27k
2021: €45k
2022: €56k
2023: €60k
2018 → 2024
Total assets
€99k▼ 16.6%
2023 · €119k
2018: €26k
2019: €37k
2020: €80k
2021: €96k
2022: €126k
2023: €119k
2018 → 2024
Net result
€-2k
2023 · €9k
2018: €-13k
2019: €10k
2020: €23k
2021: €34k
2022: €26k
2023: €9k
2018 → 2024
Working capital
€49k▲ 1.5%
2023 · €48k
2018: €727
2019: €8k
2020: €24k
2021: €43k
2022: €39k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€45k▲ 68.9%€56k▲ 24.4%€60k▲ 6.5%€58k▼ 3.4%
Operating result€34k-€42k▲ 23.9%€35k▼ 17.6%€16k▼ 53.9%€3k▼ 83.8%
Net result€23k-€34k▲ 44.8%€26k▼ 22.1%€9k▼ 66.7%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 84% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99k
Fixed assets
€13k▼ 39.4%
Current assets
€87k▼ 11.7%
Equity and liabilities €99k
Equity
€58k▼ 3.4%
Debt
€41k▼ 30.0%
The debt ratio falls from 49.6% to 41.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€11k▼
2023 · €26k
Cash flow
€7k▼
2023 · €19k
Solvency
58.4%▲
2023 · 50.4%
Current ratio
2.30▲
2023 · 1.97
Quick ratio
2.30▲
2023 · 1.97
Debt / equity
0.71▼
2023 · 0.98
ROE
-3.5%▼
2023 · 14.5%
ROA
-2.1%▼
2023 · 7.3%
Interest coverage
5.64▼
2023 · 13.50
Debt
€41k▼
2023 · €59k
Debt ≤ 1 year
€38k▼
2023 · €50k
Debt > 1 year
€4k▼
2023 · €9k
Income taxes
€3k▼
2023 · €5k
Staff costs
€33k▲
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€119k€99k▼
Fixed assets21/28€21k€13k▼
Tangible fixed assets22/27€19k€11k▼
Furniture and vehicles24€19k€11k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€98k€87k▼
Amounts receivable within one year40/41€79k€78k▼
Trade receivables40€35k€22k▼
Other amounts receivable41€44k€56k▲
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€119k€99k▼
Equity10/15€60k€58k▼
Contributions10/11€1k€1k=
Reserves13€14k€14k=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€45k€43k▼
Amounts payable17/49€59k€41k▼
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€50k€38k▼
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€24k€21k▼
Suppliers440/4€24k€21k▼
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€10k€6k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€5k-
Income statement
Code20232024
Remuneration, social security and pensions62€33k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€61k€49k▼
Operating profit (loss)9901€16k€3k▼
Financial income75/76B€2€3▲
Recurring financial income75€2€3▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€14k€602▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€9k€-2k▼
Profit (loss) for the period to be appropriated9905€9k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€43k▼
Profit (loss) brought forward from the previous period14P€41k€45k▲
Profit to be distributed694/7€5k-
Directors or managers695€5k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €34k ▲44.8%
Operating result €42k, net result €34k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
ALMEIDA DA SILVA Mario Jorge
CurrentDirector · since 23-04-2024
23-04-2024
Resigned as Manager
23-04-2024
Appointed as Director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2015
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.
Louizalaan 2051050 ElseneGround area
836 m²
Building footprint
819 m²
Volume, LiDAR
17,673 m³
2 parcels, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
EURO BELGA
since 20152.239.565.197
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
| 21013B0423/00L007 | Brussels | 136 m² | 1 · 119 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KVZ Services
BE 0685.862.155
Londerzeel · Eq €58k
SAFICO
BE 0477.295.824
Zulte · Eq €58k
INNOVATION BUILDING
BE 0784.213.524
Asse · Eq €58k
VEMONTRA
BE 0883.700.682
Hamont-Achel · Eq €58k
GDJ Services
BE 0723.858.738
Pepinster · Eq €58k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,454 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2015
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
41001General construction of residential buildings
33120Repair and maintenance of machinery
42110Construction of roads and motorways
42219Civil engineering
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.