Equity
€2.7m from €25.4m in 2021
Equity fell by 89% in 4 years.
EUROLUC
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €760,216 (2023)
€483,420▲ 49.5%
lowest -€62,564 (2022)
€191,491▲ 16×
peak €25.4m (2021)
€2.7m▲ 7.6%
€1.9m▼ 16.4%
peak 5.5 FTE (2017)
-not published
Board5 names since 2021
3 directorsCharles KRUTZEN and 2 others
Documentsfilings and deeds
22-07-20269 days before the deadline
2025financial year
Turnover from €323,375 to €483,420Result from €11,776 to €191,491Debts from €2.2m to €1.9mCash from €18,652 to €10,474
Key points
from the 2025 annual accountsResult
€191,491 ▲ 16×
The result rose in 2025 from €11,776 to €191,491.
Liquidity
1.92 was 1.52 in 2024
Short-term debts fell from €2.2m to €1.9m.
Filings
28 annual accounts since 1998
Five of the last ten came late. The 2021 accounts came latest: 30 days after the end of the period.
Group
7 companies controlled
Heads a group.
Restructuring
2024
Branch transferred to GLOBALUC. Contribution on 01-01-2024.
Checked score
95
Excellent
Financially stronger than 58% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.92, cash €10,474
lowers risk
Size: turnover €483,420, total assets €4.6m
Figures for financial year 2025 (filed on 22-07-2026)
Founded in 1997
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 70, small). It does better than 56% of them on solvency, 16% on liquidity, 82% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as EUROLUC has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EUROLUC itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for EUROLUC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (1.52 in 2024), above the usual 1.5. Short-term debt is 40.2% and cash 0.2% of total assets. 41.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
14 days late
2023
22 days late
2022
3 days early
2021
30 days late
2020
1 day early
2019
17 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 10 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 14 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
FB
Finvision Bedrijfsrevisoren Hasselt BV
Auditor, Els LOENDERS
- Charles KRUTZEN 4 sharesdeed of 24-06-2024
- Suzanne WINKENS 4 sharesdeed of 24-06-2024
- Maatschap C&S Maatschap 23,080 sharesdeed of 24-06-2024
Shares in 7 companies, including Limburgse Urethaan Chemie B.V. and LUC Holding USA Inc.
Board & ownershipRecent changes
Demerger: EUROLUC splits off to GLOBALUC
Capital decrease of €12,875,244.62 to €1,838,447.23 · Capital from €14,713,691.85 to €1,838,447.23 · “nieuw voorwerp” (deed in Dutch) · General meeting of 30-07-2024 · Gazette deed
Demerger proposal: NV EUROLUC splits off to BV GLOBALUC
Permanent representative: Pierre KRUTZEN · Appointment: BV FINVISION BEDRIJFSREVISOREN HASSELT (statutory auditor) · Charles KRUTZEN holds 4 shares · Board meeting of 12-06-2024 · Gazette deed
Publication in the Belgian Official Gazette
Capital €14,713,692, annual accounts 2023 · Gazette deed
Capital decrease of €6,000,000 to €19,426,081.51
Capital from €25,426,081.51 to €19,426,081.51 · General meeting of 20-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EUROLUC Maasmechelen | €483,420 | 53.2% | 58.4% | - |
| GEARING INDUSTRY Mouscron | €480,000 | 52.8% | 19.5% | - |
| DE VROE GROEP Merelbeke-Melle | €598,833 | 13.7% | 71.7% | 2 |
| IMPEX INTER Sint-Truiden | €638,978 | 45.1% | 99.7% | - |
| POSA Roeselare | €614,373 | -16.6% | 97.4% | 3.1 |
| R-PACK TRADING Herve | €512,040 | 56.4% | 69.9% | 1 |
| ANTOINE INVEST Malmedy | €316,104 | 47.6% | 80.2% | 3.5 |
Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as EUROLUC: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.9m and €6.3m, founded between 1987 and 2002.
Official details
Source: KBO- Status
- Active since 24-06-1997Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment units
- 2.082.648.9903630 Maasmechelen, since 17-07-1997
- 2.163.396.2458420 De Haan, since 01-02-2007
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €4.6m▼ 3.6%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Companies linked to EUROLUC
Subsidiaries and holdings
Insights on EUROLUC
EUROLUC has existed since 1997. Turnover fell from €760,216 in 2023 to €323,375 in 2024. On 1 January 2024 a branch of activity moved to GLOBALUC.
Solvency rose in 2025 from 52.3% to 58.4% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EUROLUC
- What is the company number of EUROLUC?
- The company number of EUROLUC is 0460.924.501. The VAT number is the same number with BE in front: BE 0460.924.501.
- Where is EUROLUC based?
- The registered office is at Slakweidestraat 18, 3630 Maasmechelen.Company details
- What does EUROLUC do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of EUROLUC?
- EUROLUC is a public limited company (NV).
- When was EUROLUC founded?
- EUROLUC was founded on 24-06-1997.
- Is EUROLUC still active?
- Yes, EUROLUC is an active enterprise in the KBO register.
- How many employees does EUROLUC have?
- EUROLUC had an average of 3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of EUROLUC?
- The turnover of EUROLUC was €483,420 in financial year 2025, according to the filed annual accounts.
- Is EUROLUC profitable?
- In financial year 2025, EUROLUC made a profit of €191,491.
- Where can I find the annual accounts of EUROLUC?
- EUROLUC filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EUROLUC due?
- EUROLUC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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