EUROBUILD
Open bankruptcyA bankruptcy procedure is open for EUROBUILD according to publications in the Belgian State Gazette; curator: FREDERIC LELEUX.
Summary
The 2023 annual accounts show equity of €222k and a net result of €716.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-07-2024, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
2 d early
2022
5 d early
2021
71 d late
2020
61 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€222k▲ 0.3%
2022 · €222k
2018: €155k
2019: €156k
2020: €164k
2021: €204k
2022: €222k
2018 → 2023
Total assets
€452k▼ 2.5%
2022 · €464k
2018: €419k
2019: €413k
2020: €441k
2021: €467k
2022: €464k
2018 → 2023
Net result
€716▼ 95.9%
2022 · €18k
2018: €3k
2019: €996
2020: €8k
2021: €40k
2022: €18k
2018 → 2023
Working capital
€-186k▲ 3.4%
2022 · €-193k
2018: €-215k
2019: €-212k
2020: €-203k
2021: €-213k
2022: €-193k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€156k-€164k▲ 5.4%€204k▲ 24.6%€222k▲ 8.6%€222k▲ 0.3%
Operating result€1k-€18k▲ 1,694%€54k▲ 199%€23k▼ 57.3%€2k▼ 93.3%
Net result€996-€8k▲ 737%€40k▲ 383%€18k▼ 56.3%€716▼ 95.9%
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 two years in a row; 2023 is 93% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €452k
Fixed assets
€450k ▼ 2.6%
Current assets
€2k ▲ 15.5%
Equity and liabilities €452k
Equity
€222k ▲ 0.3%
Debt
€230k ▼ 5.0%
Debt's share of the balance-sheet total falls from 52.2% to 50.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2022 · €35k
Cash flow
€14k▼
2022 · €30k
Current ratio
0.01▲
2022 · 0.01
Debt to equity
1.03▼
2022 · 1.09
ROE
0.3%▼
2022 · 7.9%
ROA
0.2%▼
2022 · 3.8%
Interest coverage
44.73▼
2022 · 150.66
Debt ≤ 1 year
€189k▼
2022 · €195k
Debt > 1 year
€42k▼
2022 · €48k
Income taxes
€510▼
2022 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€464k€452k▼
Fixed assets21/28€462k€450k▼
Intangible fixed assets21€18k€14k▼
Tangible fixed assets22/27€444k€436k▼
Land and buildings22€440k€434k▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€2k€2k▲
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40-€321
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€21€12▼
Equity and liabilities
Total equity and liabilities10/49€464k€452k▼
Equity10/15€222k€222k▲
Contributions10/11€31k€31k=
Capital10-€31k
Issued capital100-€31k
Outside capital11€31k-
Share premium1100/10€31k-
Revaluation surpluses12€311k€311k=
Profit (loss) carried forward14€-120k€-119k▲
Amounts payable17/49€242k€230k▼
Amounts payable after more than one year17€48k€42k▼
Financial debts170/4€48k€42k▼
Amounts payable within one year42/48€195k€189k▼
Trade debts44€100k€101k▲
Suppliers440/4€100k€101k▲
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€15k€10k▼
Other amounts payable47/48€80k€77k▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€8k€10k▲
Gross operating margin9900€43k€24k▼
Operating profit (loss)9901€23k€2k▼
Financial income75/76B-€16
Recurring financial income75-€16
Financial charges65/66B€234€321▲
Recurring financial charges65€234€321▲
Profit (loss) for the period before taxes9903€23k€1k▼
Income taxes67/77€5k€510▼
Profit (loss) for the period9904€18k€716▼
Profit (loss) for the period to be appropriated9905€18k€716▼
Appropriation of the result
Profit (loss) to be appropriated9906€-120k€-119k▲
Profit (loss) brought forward from the previous period14P€-138k€-120k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · EUROBUILD NV BERG- STRAAT(SGW) 38A, 9170 SINT-GILLIS-WAAS · event 22-04-2025
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €716 ▼95.9%
Net result drops to €716, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
31-12
Financial
Highest result since 2018net €40k ▲383%
Operating result €54k, net result €40k, both a record.
31-12
Financial
Equity above €200kEq €204k ▲24.6%
4 profitable years in a row build equity to €204k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Sint-Gillis-Waas · 1 establishment unit since 1988
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.
Bergstraat(SGW) 38A9170 Sint-Gillis-WaasGround area
4,383 m²
Building footprint
3,907 m²
Volume, LiDAR
57,249 m³
2 parcels, Flanders · tallest building 29.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV EUROBUILD
since 19882.039.783.207
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0592/00D000 | Flanders | 4,061 m² | 1 · 3,907 m² | 29.9 m · 2 fl. |
| 46005A0012/00D051 | Flanders | 322 m² | - | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIC LELEUX DRUKKERIJSTRAAT 11, 9240 ZELE- |
22-04-2025 → present |
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Of 1,856 companies in sector 55204 we hold annual accounts for 450. 342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
55204Guest rooms (bed and breakfast)
68201Renting and operating of own or leased residential real estate, excluding social housing
77400Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.