Eurodrinks
ActiveEurodrinks has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €201k and a net result of €-372. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 85% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 3.34 in 2023; short-term debt: 16.6% and cash: 21.5% of total assets), and 16.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
83.4%
Return on assets
-0.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
62 d late
2022
49 d late
2021
25 d early
2020
54 d early
2019
19 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€201k▼ 0.2%
2023 · €202k
2018: €183k
2019: €188k
2020: €195k
2021: €184k
2022: €191k
2023: €202k
2018 → 2024
Total assets
€241k▲ 1.0%
2023 · €239k
2018: €195k
2019: €209k
2020: €244k
2021: €238k
2022: €232k
2023: €239k
2018 → 2024
Net result
€-372
2023 · €11k
2018: €5k
2019: €5k
2020: €7k
2021: €-12k
2022: €7k
2023: €11k
2018 → 2024
Working capital
€88k▲ 0.9%
2023 · €87k
2018: €89k
2019: €71k
2020: €67k
2021: €57k
2022: €69k
2023: €87k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€195k-€184k▼ 5.9%€191k▲ 3.7%€202k▲ 5.8%€201k▼ 0.2%
Operating result€8k-€-11k€8k€12k▲ 58.4%€633▼ 94.8%
Net result€7k-€-12k€7k€11k▲ 62.8%€-372
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 95% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €241k
Fixed assets
€113k▼ 1.0%
Current assets
€128k▲ 2.9%
Equity and liabilities €241k
Equity
€201k▼ 0.2%
Debt
€40k▲ 7.6%
The debt ratio rises from 15.6% to 16.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2023 · €19k
Cash flow
€7k▼
2023 · €18k
Solvency
83.4%▼
2023 · 84.4%
Current ratio
3.20▼
2023 · 3.34
Quick ratio
2.09▼
2023 · 2.35
Debt / equity
0.20▲
2023 · 0.18
ROE
-0.2%▼
2023 · 5.5%
ROA
-0.2%▼
2023 · 4.6%
Interest coverage
7.66▼
2023 · 15.99
Debt
€40k▲
2023 · €37k
Debt ≤ 1 year
€40k▲
2023 · €37k
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€239k€241k▲
Fixed assets21/28€114k€113k▼
Tangible fixed assets22/27€110k€109k▼
Land and buildings22€103k€100k▼
Plant, machinery and equipment23-€5k
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€4k€4k=
Current assets29/58€125k€128k▲
Stocks and contracts in progress3€37k€44k▲
Stocks30/36€37k€44k▲
Amounts receivable within one year40/41€21k€31k▲
Trade receivables40€7k€15k▲
Other amounts receivable41€14k€16k▲
Cash at bank and in hand54/58€65k€52k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€239k€241k▲
Equity10/15€202k€201k▼
Contributions10/11€347k€347k=
Reserves13€27k€27k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-172k€-172k▼
Amounts payable17/49€37k€40k▲
Amounts payable within one year42/48€37k€40k▲
Trade debts44€11k€13k▲
Suppliers440/4€11k€13k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€26k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€50
Other operating charges640/8€5k€5k▼
Gross operating margin9900€25k€13k▼
Operating profit (loss)9901€12k€633▼
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€11k€-372▼
Profit (loss) for the period9904€11k€-372▼
Profit (loss) for the period to be appropriated9905€11k€-372▼
Appropriation of the result
Profit (loss) to be appropriated9906€-172k€-172k▼
Profit (loss) brought forward from the previous period14P€-183k€-172k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial
Highest result since 2018net €11k ▲62.8%
Operating result €12k, net result €11k, both a record.
31-12
Financial
Equity above €200kEq €202k ▲5.8%
2 profitable years in a row build equity to €202k.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-12k ▼257%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wevelgem · 1 establishment unit since 1991
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.
Europalaan 188560 WevelgemGround area
98 m²
Building footprint
109 m²
Volume, LiDAR
587 m³
Parcel 34012C0419/00D000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EURODRINKS NV
since 19912.051.418.059
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0419/00D000 | Flanders | 97 m² | 1 · 109 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWevelgem2.051.418.059
Similar companies · same sector, comparable size
VEPECA
BE 0870.667.248
Wetteren · Eq €201k
PIRON DRINKS
BE 0448.154.450
Aubel · Eq €200k
Drankenhandel Van Nueten
BE 0416.755.847
Herentals · Eq €200k
Baeten Vinostore Genk
BE 0741.447.313
Maaseik · Eq €200k
PEIFFER AUGUSTIN
BE 0479.572.651
Baelen · Eq €203k
Of 1,582 companies in sector 46349 we hold annual accounts for 987. 713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-1991
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.