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Euro-Fitting Invoicing

Active
Public limited companyfounded 2003active for 22 yearsSkaldenstraat 121, 9042 Gent, BelgiumKBO/BCE: BE 0862.157.477
Summary

Euro-Fitting Invoicing has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.1m and a net result of €445,000. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 19% of 95 sector peers (NACE 29, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-12-2003 Normal situation
Registered office
21 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Manufacture of motor vehicles, trailers and semi-trailers NACE 29320and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Financial year end
31 December
Peppol
Reachable since 27-01-2026

Board and ownership

Board
and 1 other
Auditor
BV PwC Bedrijfsrevisoren
Shareholders

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Turnover
€1.6m
▼ 8.8%
Profit
€445,000
▼ 44.0%
Equity
€11.1m
▲ 4.2%
Total assets
€73.8m
▲ 4.2%
Employees on 31-12-2025
2
=
Filed on 29-06-2026, 32 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.18, cash €2.0mEquity €11.1m (15.0% of total assets)No registered site in the KBOlowers riskSize: turnover €1.6m, 1.4 FTE, total assets €73.8mShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of micro companies in motor vehicles (NACE 29)
Financial strength · tick: 2024
Weak
Solvency 40=
equity 15.0% of total assets
Liquidity 7+1
short-term debt 85.0% · cash 2.7%
Profitability 80=
return on assets 0.6%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (228 companies, NACE 29, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.4 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.9%▲ +0.1 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.8%▼ -0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.5%▼ -0.4 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (1.18 in 2024), below the usual 1.5. Short-term debt is 85% and cash 2.7% of total assets. 85% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 29, micro). It does better than 26% of them on solvency, 8% on liquidity, 65% on profitability and 45% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.18, cash €2.0m
NBB · annual accounts
raises risk · Equity €11.1m (15.0% of total assets)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Size: turnover €1.6m, 1.4 FTE, total assets €73.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 95 sector peers (2025).
NBB · sector comparison
Position among 95 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
48 days early
2023
50 days early
2022
184 days late
2021
37 days early
2020
76 days late
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 29), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 81% of companies in motor vehiclessector median 38.0% · 95 companies 15.0% View
  • Caution: Result fell in 2025from €795,000 to €445,000 ▼ 44.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €445,000 8 years View

Recent changes

  1. · Gazette deed Resignations: Roland WELZBACHER, Kiaus KREIPE and Christian METZGERAppointments: Gerd BARTELS, Jan BLAAUW and Thomas BIGALLET
  2. · Gazette deed Resignation: Cyrille BEAU (director)Appointment: Christian METZGER (director)
  3. · Gazette deed Reappointments: Eric PASKOFF, Klaus KREIPE and 2 othersAppointments: Jan BLAAUW, Thomas BIGALLET and PwC Bedrijfsrevisoren BV · Resignations: Jérôme DECHARNEUX (managing director) and Geoffroy DE LAME (director) · Permanent representative: Annelies Deplancke
All 21 events

Comparable companies

These companies have the same main activity as Euro-Fitting Invoicing: manufacture of motor vehicles, trailers and semi-trailers (NACE 29320). They are comparable in size and age: total assets between €8.6m and €517m, founded between 1980 and 2011.

CompanyTotal assetsTurnover
Euro-Fitting Invoicing Gent€73.8m€1.6m
Versigent Belgium Turnhout€29.0m-
DUMAREY GROUP NV Nazareth-De Pinte€516.9m€9.1m
PLASCOBEL Pelt€17.9m-
CARCOUSTICS BELGIUM Genk€72.6m€8.8m
MONROE PACKAGING Sint-Truiden€8.6m€4.4m
Snop Automotive Gent Gent€26.4m€9.9m
Full comparison

Key facts about Euro-Fitting Invoicing

What is the company number of Euro-Fitting Invoicing?
The company number of Euro-Fitting Invoicing is 0862.157.477. The VAT number is the same number with BE in front: BE 0862.157.477.
Where is Euro-Fitting Invoicing based?
The registered office is at Skaldenstraat 121, 9042 Gent.Company details
What does Euro-Fitting Invoicing do?
According to the KBO register, the main activity is manufacture of motor vehicles, trailers and semi-trailers (NACE 29320).
What is the legal form of Euro-Fitting Invoicing?
The legal form of Euro-Fitting Invoicing is Public limited company (NV).
When was Euro-Fitting Invoicing founded?
Euro-Fitting Invoicing was founded on 11-12-2003.
Is Euro-Fitting Invoicing still active?
Yes, Euro-Fitting Invoicing is an active enterprise in the KBO register.
How many employees does Euro-Fitting Invoicing have?
Euro-Fitting Invoicing had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Euro-Fitting Invoicing fall under?
In its 2025 annual accounts, Euro-Fitting Invoicing states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Euro-Fitting Invoicing?
The turnover of Euro-Fitting Invoicing was €1.6m in financial year 2025, according to the filed annual accounts.
Is Euro-Fitting Invoicing profitable?
In financial year 2025, Euro-Fitting Invoicing made a profit of €445,000.
Where can I find the annual accounts of Euro-Fitting Invoicing?
Euro-Fitting Invoicing filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Euro-Fitting Invoicing due?
Euro-Fitting Invoicing must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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