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EUROPEAN COMMODITIES

Active
Public limited companyfounded 20178 years activeKleine Tapuitstraat 18, 8540 Deerlijk, BelgiumKBO/BCE: BE 0682.855.848
Summary

EUROPEAN COMMODITIES has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €2.0m. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 342 sector peers (NACE 35, fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Electricity, gas, steam and air conditioning supply
NACE 35150
1 site
Size
€106.8mturnover 2025
Staff
7.4 FTE
Equity
€5.2m
Profit
€2.0m
Financial health
86 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.3%
Structure
Parent
SAULIRE · 50.64%
Board
2 members
Auditor: Finvision BedrijfsrevisorenAccounts 27 days early2 of 13 deeds read
Why 86- 1 of the last 3 late- Equity €5.2m (21.0% of total assets)+ Liquidity: current ratio 1.24, cash €6.8m+ Size: turnover €106.8m, 7.4 FTE, total assets €25.0mShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 35, micro)
Financial strength · tick = 2024
Average
Solvency 46-2
equity 21.0% of total assets
Liquidity 45-29
short-term debt 72.5% · cash 27.2%
Profitability 63+8
return on assets 8.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (539 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024lowest value 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: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 0.2%▼ -0.3 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit up to €450,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.59 in 2024; short-term debt: 72.5% and cash: 27.2% of total assets), and 79% of the assets are financed with debt.
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 35, micro): better than 36% on solvency, 29% on liquidity, 52% on profitability and 82% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.24, cash €6.8m
NBB · annual accounts
lowers risk · Size: turnover €106.8m, 7.4 FTE, total assets €25.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €5.2m (21.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-04-2026, 27 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
27 days early
2024
37 days late
2023
on the day
2022
3 days early
2021
1 day early
2020
16 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointments: GENNAKER (director) and RAF+ (director)Permanent representatives: Jérome Lefebvre and…
  2. Resignation: BV VGD BEDRIJFSREVISOREN (statutory auditor)Appointment: BV FINVISION BEDRIJFSREVISOREN (statutory…
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Positive: Result rose in 2025from €155,027 to €2.0m ▲ 1,201% View
  • Caution: Board changedlatest change 27-03-2026 · 2 in office 2 joined · 2 left View
  • Positive: Among the best 19% on net resultsector median €175,603 · 339 companies €2.0m View
  • Controlled by SAULIRE 50.64% View

By topic

Financials

Fiscal year
2025
Turnover
€106.8m
Profit
€2.0m
Solvency
21.0%
Turnover▲ 71.5%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2019
Next accounts
by 30-04-2027
  1. 30-09-2025Highest result since 2018
  2. 30-09-2025Equity above €5m
  3. 06-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Electricity, gas, steam and air conditioning supplyNACE 35150
Founded
12-10-2017
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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