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Euroservice

Active
Private limited companyfounded 2018active for 8 yearsGieterijstraat 106, 3600 Genk, BelgiumKBO/BCE: BE 0707.657.461
Summary

The computed 12-month bankruptcy probability of Euroservice is 7.9% (elevated). The 2024 annual accounts show equity of €30,010 and a net result of €6,421. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 33% of 7,479 sector peers (NACE 43, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222Specialised construction activities NACE 43223
1 site
Size
€96,249total assets 2024
Staff
2.1 FTE
Equity
€30,010
Profit
€6,421
Turnover not published (abbreviated or micro format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.9%
Structure
Accounts 71 days overdue2 of 5 deeds read
Why 35raises riskFigures for financial year 2024 (filed 20-10-2025)1 financial year not filed after the legal deadline; latest accounts 81 days late; 2 of the last 3 late1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.18, cash €27,988Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 47% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 56+8
equity 31.2% of total assets
Liquidity 50+5
short-term debt 68.8% · cash 29.1%
Profitability 72-22
return on assets 6.7%
Bankruptcy probability, 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,538 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.6%▼ -0.3 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025lowest value 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.5%▲ +0.8 percentage points vs 07-2025 09-2025: 2.8%▲ +0.3 percentage points vs 08-2025 10-2025: 4.4%▲ +1.6 percentage points vs 09-2025 11-2025: 1.9%▼ -2.5 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.6%▲ +0.7 percentage points vs 03-2026 05-2026: 2.7%▲ +0.1 percentage points vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.1 percentage points vs 06-2026 08-2026: 4.1%▲ +1.4 percentage points vs 07-2026 09-2026: 4.6%▲ +0.5 percentage points vs 08-2026 10-2026: 7.9%▲ +3.3 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.18, compared with 1.28 in 2023; short-term debt: 68.8% and cash: 29.1% of total assets), and 68.8% 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 43, micro): better than 33% on solvency, 42% on liquidity, 42% on profitability and 73% on growth.

The bankruptcy probability was computed on 10-10-2026 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 riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 20-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 81 days late; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.18, cash €27,988
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
81 days late
2023
79 days late
2022
29 days late
2021
26 days late
2020
26 days late
2019
31 days early
← 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 35 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 · Director in…
  2. Resignation: Calik Bilal (director)Appointment: Kaminski Sander (director) ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 12% on equitysector median €342,712 · 7,480 companies €30,010 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2024
Total assets
€96,249
Profit
€6,421
Solvency
31.2%
Total assets▼ 7.7%
Net result
20192024
Go to Financials

Timeline

Events
11
Since
2020
  1. 18-10-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 29-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
02-10-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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