EUROSTATE CONSTRUCT
ActiveSummary
EUROSTATE CONSTRUCT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€503,552) and a net result of -€197,191. Its solvency ranks better than 6% of 9733 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 2 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | €13,979 | €710 | ▼ 94.9% |
| Gross operating margin9900 | -€166,171 | -€68,522 | ▲ 58.8% |
| Operating profit (loss)9901 | -€180,150 | -€69,232 | ▲ 61.6% |
| Financial income75/76B | €1,577 | €2,723 | ▲ 72.7% |
| Recurring financial income75 | €1,577 | €2,723 | ▲ 72.7% |
| Financial charges65/66B | €132,507 | €130,401 | ▼ 1.6% |
| Recurring financial charges65 | €132,507 | €130,401 | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | -€311,080 | -€196,910 | ▲ 36.7% |
| Income taxes67/77 | €281 | €281 | = |
| Profit (loss) for the period9904 | -€311,361 | -€197,191 | ▲ 36.7% |
| Profit (loss) for the period to be appropriated9905 | -€311,361 | -€197,191 | ▲ 36.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2.2m | €2.3m | ▲ 6.6% |
| Current assets29/58 | €2.2m | €2.3m | ▲ 6.6% |
| Stocks and contracts in progress3 | €2.1m | €2.3m | ▲ 8.6% |
| Stocks30/36 | €2.1m | €2.3m | ▲ 8.6% |
| Amounts receivable within one year40/41 | €9,421 | €3,809 | ▼ 59.6% |
| Other amounts receivable41 | €9,421 | €3,809 | ▼ 59.6% |
| Cash at bank and in hand54/58 | €34,757 | €136 | ▼ 99.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2.2m | €2.3m | ▲ 6.6% |
| Equity10/15 | -€306,361 | -€503,552 | ▼ 64.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€311,361 | -€508,552 | ▼ 63.3% |
| Amounts payable17/49 | €2.5m | €2.8m | ▲ 13.7% |
| Amounts payable after more than one year17 | €95,000 | €95,000 | = |
| Financial debts170/4 | €95,000 | €95,000 | = |
| Amounts payable within one year42/48 | €2.3m | €2.6m | ▲ 12.9% |
| Financial debts43 | €1.7m | €1.7m | = |
| Credit institutions430/8 | €1.7m | €1.7m | = |
| Trade debts44 | €28,319 | €85,943 | ▲ 203% |
| Suppliers440/4 | €28,319 | €85,943 | ▲ 203% |
| Taxes, remuneration and social security45 | €276 | €276 | = |
| Taxes450/3 | €276 | €276 | = |
| Other amounts payable47/48 | €642,775 | €884,523 | ▲ 37.6% |
| Accrued charges and deferred income492/3 | €56,092 | €97,464 | ▲ 73.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€311,361 | -€197,191 | ▲ 36.7% |
| Operating cash flow (approximation) | -€311,361 | -€197,191 | ▲ 36.7% |
| Change in cash | - | -€34,621 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K2740/00F003 | Flanders | 729 m² | 1 · 369 m² | 29.6 m · 9 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.