Checked.be
Active
BE 0465.687.397Public limited companyOpen bankruptcy
EUROPEM
Industriestraat 9 ·2500 Lier, Belgium· 27 yrs active
Sector: Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
(71121)
Conclusion
A bankruptcy procedure is open for EUROPEM according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2018 annual accounts show negative equity (€-4.33M) and a net result of €-8.87M.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €-4.33M |
| Net result | €-8.87M |
| Staff (FTE) | 22.3 |
| Active | 27 yrs |
Snowflake analysis
17
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
33
Solvency
36
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
70 / 100
Severe riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 2 judicial reorganisations (+20)
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-07-2019 with the NBB · fiscal year 2018 · volledig
| Fiscal year | 2018 |
|---|---|
| Deposit | volledig |
| Revenue | €17.01M |
| EBITDA | €-191k |
| Net profit | €-8.87M |
| Cash flow | €-8.85M |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €14.12M |
| Equity | €-4.33M |
| Debt | €18.44M |
| of which ≤ 1y | €18.33M |
| of which > 1y | €54k |
| Working capital | €-7.18M |
| Employees (FTE) | 22.3 |
Ratios (computed)
| 2018 | |
|---|---|
| Current ratio | 0.61 |
| Quick ratio | 0.60 |
| Working capital ratio | -50.8% |
| Solvency | -30.6% |
| Debt / equity | -0.01 |
| Long-term debt ratio | -0.01 |
| Interest coverage | -1.28 |
| Gross margin | - |
| Net margin | -52.2% |
| ROA | -62.9% |
| ROE | 205.1% |
| EBITDA margin | -1.1% |
| Days sales outstanding | 65d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2018
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €14.12M |
| Fixed assets | 21/28 | €2.96M |
| Tangible fixed assets | 22/27 | €35k |
| Financial fixed assets | 28 | €2.93M |
| Current assets | 29/58 | €11.15M |
| Stocks & contracts in progress | 3 | €209k |
| Amounts receivable within one year | 40/41 | €3.02M |
| Cash & bank | 54/58 | €48k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €14.12M |
| Equity | 10/15 | €-4.33M |
| Contributions / capital | 10/11 | €4.49M |
| Reserves | 13 | €58k |
| Accumulated profits (losses) | 14 | €-8.87M |
| Amounts payable | 17/49 | €18.44M |
| Amounts payable after one year | 17 | €54k |
| Amounts payable within one year | 42/48 | €18.33M |
| Trade debts payable within one year | 44 | €8.79M |
| Income statement | ||
| Turnover | 70 | €17.01M |
| Operating result | 9901 | €-215k |
| Financial income | 75 | €477 |
| Financial charges | 65 | €220k |
| Result before taxes | 9903 | €-435k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €-441k |
| Result to be appropriated | 9905 | €-441k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KRIS VAN DEN BERGHEN FREDERIK DE MERODE-
STRAAT 94-96, 2800 MECHELEN |
21-08-2019 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts(71121) |
| Legal form | Public limited company(014) |
| Incorporation | 19-03-1999 |
| Status | Active |
| Postal code | 2500 |
| First BS signal | 19-11-2018 |
| Latest BS signal | 28-08-2019 |
Establishment units
EUROPEM NV
since 19992.091.437.586
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0444/00F002 | Flanders | 7,922 m² | 1 · 3,241 m² | 19.8 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2019
28-08-2019
Bankruptcy
Opening
29-07-2019
NBB filing
Annual accounts filed
22-02-2019
Judicial reorganisation
Opening
2018
19-11-2018
Judicial reorganisation
Opening
19-10-2018
NBB filing
Annual accounts filed
2017
27-09-2017
NBB filing
Annual accounts filed
2016
30-08-2016
NBB filing
Annual accounts filed
2015
01-06-2015
NBB filing
Annual accounts filed
2014
28-02-2014
NBB filing
Annual accounts filed
2013
06-06-2013
NBB filing
Annual accounts filed
2012
29-05-2012
NBB filing
Annual accounts filed
2011
08-06-2011
NBB filing
Annual accounts filed
2010
31-03-2010
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
28-08-2019
Bankruptcy
Opening
22-02-2019
Judicial reorganisation
Opening
19-11-2018
Judicial reorganisation
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Technische studiën en ingenieursactiviteiten74203Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Optrekken van andere residentiële gebouwen en van kantoorgebouwen45212
Primary activity highlighted.
Names & trade names
| Legal nameNL | EUROPEM |
Registered office
Industriestraat 9
2500 Lier, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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