Checked.be · Company dossierhttps://checked.be/en/c/europa-road-0413641652 · as of 31-10-2026
EUROPA ROAD
Active
Public limited company · founded 1973 · active 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.
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency42-7
equity 16.7% of total assets
Liquidity15+1
short-term debt 69.4% · cash 1.7%
Profitability57-6
return on assets 0.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 6.8%lowest value12-2024: 6.8%● unchanged vs 11-2024lowest value01-2025: 6.8%● unchanged vs 12-2024lowest value02-2025: 7.8%▲ +1.0 percentage point vs 01-202503-2025: 7.8%● unchanged vs 02-202504-2025: 7.8%● unchanged vs 03-202505-2025: 7.8%● unchanged vs 04-202506-2025: 7.8%● unchanged vs 05-202507-2025: 7.8%● unchanged vs 06-202508-2025: 7.3%▼ -0.5 percentage points vs 07-202509-2025: 7.3%● unchanged vs 08-202510-2025: 7.3%● unchanged vs 09-202511-2025: 7.3%● unchanged vs 10-202512-2025: 7.3%● unchanged vs 11-202501-2026: 7.3%● unchanged vs 12-202502-2026: 7.7%▲ +0.4 percentage points vs 01-202603-2026: 7.7%● unchanged vs 02-202604-2026: 7.7%● unchanged vs 03-202605-2026: 7.7%● unchanged vs 04-202606-2026: 10.9%▲ +3.2 percentage points vs 05-2026highest value07-2026: 10.9%● unchanged vs 06-2026highest value08-2026: 10.3%▼ -0.6 percentage points vs 07-202609-2026: 10.3%● unchanged vs 08-202610-2026: 10.3%● unchanged vs 09-2026
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.
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.
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
Registered officeRegistered-office move
Resignations: Daniel Cook (director) and Andrew…Appointments: Adrian Redmile (director) and…
Annual accounts filedfinancial year 2022 · full…
Key points
Risk: 2023 accounts not fileddeadline was 31-07-2024822 days past the deadlineView
Board changedlatest change 31-12-2025 · 2 in office2 joined · 1 leftView
Caution: Result fell in 2022from €560,545 to €151,599▼ 73.0%View