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Euromatec

Active
Public limited companyfounded 1970active for 56 yearsBazellaan 7, 1140 Evere, BelgiumKBO/BCE: BE 0407.119.391
Summary

Euromatec has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.3m and a net result of €25,180. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 50% of 6,136 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Wholesale trade
NACE 46120Wholesale of electrical equipment, including installation materials NACE 46643
4th oldest company in Evere, Wholesale and retail trade sector1 site
Size
€2.6mtotal assets 2024
Staff
8.1 FTE
Equity
€1.3m
Profit
€25,180
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Holdings
1
2025 accounts not filed, 85 days past the deadline2 of 10 deeds summarised
Why 55raises riskCapped at 59: a confirmed filing findingLast filed accounts filed 80 days late; 3 of the last 3 lateLiquidity: current ratio 1.67, cash €134,504lowers riskFounded in 1970Legal form: public limited companyShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 39% of its sector peers (NACE 46, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 73+4
equity 47.7% of total assets
Liquidity 37-2
short-term debt 47.5% · cash 8.2%
Profitability 31=
return on assets 1.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.3 percentage points 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: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €65,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.77, compared with 1.68 in 2023, above the usual 1.5; short-term debt: 47.5% and cash: 8.2% of total assets), but 52.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 56% on solvency, 40% on liquidity, 17% on profitability and 43% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 80 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1970
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.67, cash €134,504
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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
not filed
2024
71 days late
2023
78 days late
2022
60 days late
2021
31 days late
2020
144 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 84 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: EVENT SPORTS PROMOTION (sole director)Permanent representative: Philippe TIMPERMAN ·…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
  • Positive: 4th oldest company in Evere, Wholesale and retail trade sectorin the Checked rankings No. 4 View
  • Positive: 7 profitable years in a rowprofit 2024: €25,180 7 years View
  • New directorlatest change 05-01-2026 · 1 in office 1 joined View
  • Active since 1970founded 27-03-1970 56 years View

By topic

Financials

Financial year
2024
Total assets
€2.6m
Profit
€25,180
Solvency
47.7%
Total assets▼ 5.2%
Net result
20182024
Go to Financials

Timeline

Events
52
Since
1978
  1. 21-05-2024Amendment of the articles
  2. 29-09-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46120
Founded
27-03-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Euromatec

What is the company number of Euromatec?
0407.119.391. In Belgium the VAT number is the company number with BE in front: BE 0407.119.391.
Where is Euromatec based?
The registered office is at Bazellaan 7, 1140 Evere.Company details
What does Euromatec do?
According to the KBO register, the main activity is wholesale trade (NACE 46120).
What is the legal form of Euromatec?
Public limited company (NV).
When was Euromatec founded?
On 27-03-1970.
Is Euromatec still active?
Yes, Euromatec is an active enterprise in the KBO register.
How many employees does Euromatec have?
On average 8.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Euromatec?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Euromatec profitable?
In financial year 2024, Euromatec made a profit of €25,180.
Where can I find the annual accounts of Euromatec?
Euromatec filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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