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EURO SERRURES

Active
Private limited companyfounded 2006active for 20 yearsRenbaanlaan 154, 1050 Elsene, BelgiumKBO/BCE: BE 0879.347.164
Summary

EURO SERRURES has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €467,540 and a net result of €28,896. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 90% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-02-2006 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.153.888.562 1050 Elsene, since 17-05-2006
Financial year end
31 December
Peppol
Reachable since 16-01-2026

Board and ownership

Board
  • OTBDirector · permanent representative Bihmedn Otman

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€482,233
▲ 8.4%
Turnover
≈ €1.4m
estimated
Profit
€28,896
▲ 66.5%
Equity
€467,540
▲ 4.7%
Total assets
€562,118
▲ 2.4%
Employees on 31-12-2025
8
=
  • 2025 accounts filed 14 days after the deadline
Score breakdownraises riskLast filed accounts filed 14 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 5.87, cash €160,122Equity €467,540 (83.2% of total assets)Founded in 2006Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 83.2% of total assets
Liquidity 81+28
short-term debt 16.7% · cash 28.5%
Profitability 75+2
return on assets 5.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 1.2% 01-2025: 3.0%▲ +1.8 percentage points vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.2%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 0.7%▼ -2.5 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.7%▼ -0.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 0.1%▼ -0.9 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.87 (5.42 in 2024), above the usual 1.5. Short-term debt is 16.7% and cash 28.5% of total assets. 16.8% 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 43, micro). It does better than 90% of them on solvency, 79% on liquidity, 49% on profitability and 46% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 5.87, cash €160,122
NBB · annual accounts
lowers risk · Equity €467,540 (83.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 14 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
14 days late
2024
18 days late
2023
223 days late
2022
66 days late
2021
150 days late
2020
89 days late
2019
89 days late
← 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 93 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 5 October (4 of the last 5 accounts filed within 84 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Positive: Higher solvency than 89% of companies in specialised constructionsector median 44.0% · 9,898 companies 83.2% View
  • Positive: 8 profitable years in a rowprofit 2025: €28,896 8 years View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningResignation: Bihmedn Otman (director) · Appointment: OTB (director) · Permanent representative: Bihmedn Otman
  2. · Gazette deed 1 director appointed, 2 directors resigningResignations: BIHMEDN M'hamed (manager) and BIHMEDN Ahmed (manager) · Appointment: BIHMEDN Otman (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as EURO SERRURES: joinery installation (NACE 43320). They are comparable in size and age: total assets between €473,000 and €682,000, founded between 2001 and 2007.

CompanyTotal assetsGross margin
EURO SERRURES Elsene€562,118€482,233
Staal Met Stijl Destelbergen€507,030€569,982
MODO INTERIORS Geel€601,715€561,919
STATE OF THE ART Antwerpen€477,054€529,224
MOBITIM Kortrijk€473,187€436,018
JAMAR WOODS & MAINTENANCE Namur€682,166€501,419
LMC CONSTRUCT Gembloux€527,015€585,213
Full comparison

Key facts about EURO SERRURES

What is the company number of EURO SERRURES?
The company number of EURO SERRURES is 0879.347.164. The VAT number is the same number with BE in front: BE 0879.347.164.
Where is EURO SERRURES based?
The registered office is at Renbaanlaan 154, 1050 Elsene.Company details
What does EURO SERRURES do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of EURO SERRURES?
The legal form of EURO SERRURES is Private limited company (BV).
When was EURO SERRURES founded?
EURO SERRURES was founded on 14-02-2006.
Is EURO SERRURES still active?
Yes, EURO SERRURES is an active enterprise in the KBO register.
How many employees does EURO SERRURES have?
EURO SERRURES had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of EURO SERRURES?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €482,233 and 40 comparable companies (NACE 433). It probably lies between €1.1m and €1.8m.
Is EURO SERRURES profitable?
In financial year 2025, EURO SERRURES made a profit of €28,896.
Where can I find the annual accounts of EURO SERRURES?
EURO SERRURES filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EURO SERRURES due?
EURO SERRURES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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