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EUROPA ROAD

Active
Public limited companyfounded 1973active for 53 yearsIjslandstraat 8/010, 8400 Oostende, BelgiumKBO/BCE: BE 0413.641.652
Summary

The computed 12-month bankruptcy probability of EUROPA ROAD is 10.3% (high). For EUROPA ROAD, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €3.5m and a net result of €151,599, of which €406,399 non-recurring income. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 25% of 1,147 sector peers (NACE 49, financial year 2022). The company has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€24.6mturnover 2022
Staff
24.7 FTE
Equity
€3.5m
Profit
€151,599
Financial health
Bankruptcy probabilitywithin 12 months
10.3%
2022 figures too old to score
Structure
Holdings
1
Auditor: PricewaterhouseCoopers Reviseurs d'Entreprises2023 accounts not filed, 822 days past the deadline5 of 15 deeds summarised
Signalsraises risk3 financial years not filed after the legal deadline; last filed accounts filed 896 days late; 3 of the last 3 lateFigures for financial year 2022 (filed 20-01-2026)1 change of registered office in 24 monthsLiquidity: current ratio 0.48, cash €362,082Two or more financial years not filed2022 accounts filed 896 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 42-7
equity 16.7% of total assets
Liquidity 15+1
short-term debt 69.4% · cash 1.7%
Profitability 57-6
return on assets 0.7%
Bankruptcy probability, 12 months
10.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)
Last 24 months 11-2024: 6.8%lowest value 12-2024: 6.8%● unchanged vs 11-2024lowest value 01-2025: 6.8%● unchanged vs 12-2024lowest value 02-2025: 7.8%▲ +1.0 percentage point vs 01-2025 03-2025: 7.8%● unchanged vs 02-2025 04-2025: 7.8%● unchanged vs 03-2025 05-2025: 7.8%● unchanged vs 04-2025 06-2025: 7.8%● unchanged vs 05-2025 07-2025: 7.8%● unchanged vs 06-2025 08-2025: 7.3%▼ -0.5 percentage points vs 07-2025 09-2025: 7.3%● unchanged vs 08-2025 10-2025: 7.3%● unchanged vs 09-2025 11-2025: 7.3%● unchanged vs 10-2025 12-2025: 7.3%● unchanged vs 11-2025 01-2026: 7.3%● unchanged vs 12-2025 02-2026: 7.7%▲ +0.4 percentage points vs 01-2026 03-2026: 7.7%● unchanged vs 02-2026 04-2026: 7.7%● unchanged vs 03-2026 05-2026: 7.7%● unchanged vs 04-2026 06-2026: 10.9%▲ +3.2 percentage points vs 05-2026highest value 07-2026: 10.9%● unchanged vs 06-2026highest value 08-2026: 10.3%▼ -0.6 percentage points vs 07-2026 09-2026: 10.3%● unchanged vs 08-2026 10-2026: 10.3%● unchanged vs 09-2026
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Signals

Six signals.
raises risk
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 896 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2022 (filed 20-01-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.48, cash €362,082
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline31-10-2026 today
raises risk · 2022 accounts filed 896 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-01-2026, 896 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
896 days late
2021
907 days late
2020
676 days late
2019
866 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 836 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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. Registered officeRegistered-office move
  2. Resignations: Daniel Cook (director) and Andrew…Appointments: Adrian Redmile (director) and…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: 2023 accounts not fileddeadline was 31-07-2024 822 days past the deadline View
  • Board changedlatest change 31-12-2025 · 2 in office 2 joined · 1 left View
  • Caution: Result fell in 2022from €560,545 to €151,599 ▼ 73.0% View
  • Active since 1973founded 17-08-1973 53 years View
  • Positive: Among the best 16% on equitysector median €465,988 · 1,148 companies €3.5m View

By topic

Financials

Financial year
2022
Turnover
€24.6m
Profit
€151,599
Solvency
16.7%
Turnover▲ 25.9%
Net result
20182022
Go to Financials

Board & ownership

Board
2 members
Auditor
PricewaterhouseCoopers Reviseurs d'Entreprises
  • Jack BaxterDirector
  • Adrian RedmileDirector
Go to Board & ownership

Timeline

Events
54
Since
1978
  1. 23-01-2025Annual accounts filed
  2. 06-12-2024Resignation: Carlo Turner (director)
  3. 11-09-2023Resignation: Daniel Cook (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
17-08-1973
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Purpose
“Alle activiteiten aangaande de zee en binnenvaartrederij, de activiteiten in de maritieme…” (deed in Dutch)
Go to Articles of association

Key facts about EUROPA ROAD

What is the company number of EUROPA ROAD?
0413.641.652. In Belgium the VAT number is the company number with BE in front: BE 0413.641.652.
Where is EUROPA ROAD based?
The registered office is at Ijslandstraat 8/010, 8400 Oostende.Company details
What does EUROPA ROAD do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of EUROPA ROAD?
Public limited company (NV).
When was EUROPA ROAD founded?
On 17-08-1973.
Is EUROPA ROAD still active?
Yes, EUROPA ROAD is an active enterprise in the KBO register.
How many employees does EUROPA ROAD have?
On average 24.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of EUROPA ROAD?
€24.6m in financial year 2022, according to the filed annual accounts.
Is EUROPA ROAD profitable?
In financial year 2022, EUROPA ROAD made a profit of €151,599.
Where can I find the annual accounts of EUROPA ROAD?
EUROPA ROAD filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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