EUROTEAM PACK
Bankruptcy closedInactive since 13-05-2026; last annual accounts for financial year 2023.
Summary
EUROTEAM PACK was declared bankrupt on 16-01-2025 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 05-05-2026, published in the Belgian Official Gazette on 12-05-2026.
Overview
Activity
Activity not known
Size
€932,170total assets 2023
- Staff
- 26.8 FTE
- Equity
- €624,271
- Profit
- €92,340
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy closed: no score
Structure
0 of 3 deeds read
Signalsraises riskBankruptcy closedneutralFiled after the deadlineShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2023
61 days late
2022
31 days late
2021
60 days late
2020
88 days late
2019
21 days late
2018
13 days early
2017
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (by liquidation)Enterprise Court of Antwerp, Antwerp…
- OpeningEnterprise Court of Antwerp, Antwerp…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2023, abbreviated format
2023 annual accounts filed late (61 days) Filed on 30 September 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00484168.
Turnover
€613,921
EBIT margin
3.4%
Net result
€92,340▼ 33.3%
2022 · €138,489
Working capital
€566,144▲ 49.6%
2022 · €378,380
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result falls in 2023; 2023 is 13% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2023
Net result€0.09m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.9m
2023
Equity€0.6m
2023
Debt€0.3m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)26.8
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€0.6m
Operating result€0.06m-€0.2m▲ 155%€0.2m▲ 38.1%€0.02m▼ 90.7%€0.1m▲ 595%€0.1m▼ 13.5%
Net result€0.05m-€0.2m▲ 194%€0.2m▲ 8.2%€0.02m▼ 90.4%€0.1m▲ 781%€0.09m▼ 33.3%
EBIT margin3.4%
Equity€0.05m-€0.2m▲ 297%€0.4m▲ 86.6%€0.4m▲ 4.2%€0.5m▲ 35.2%€0.6m▲ 17.4%
Total assets€1.1m-€0.9m▼ 14.9%€0.9m▲ 2.9%€0.8m▼ 8.0%€0.9m▲ 2.0%€0.9m▲ 7.5%
Debt€1.0m-€0.7m▼ 30.7%€0.5m▼ 21.5%€0.5m▼ 16.4%€0.3m▼ 26.6%€0.3m▼ 8.1%
Working capital-€0.08m-€0.07m€0.2m▲ 261%€0.2m▼ 9.9%€0.4m▲ 73.6%€0.6m▲ 49.6%
Staff (FTE)13.4-18.9▲ 41.0%27.3▲ 44.4%8.3▼ 69.6%8.4▲ 1.2%26.8▲ 219%
Why a figure moved sharply
- 2022 Net result +781% on 2021. The accounts now follow the abbreviated format, last year the micro format.
- 2021 Net result -90%, Staff (FTE) -70% on 2020. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €932,170
Fixed assets
€177,080 ▼ 38.1%
Current assets
€755,090 ▲ 30.0%
Equity and liabilities €932,170
Equity
€624,271 ▲ 17.4%
Debt
€307,899 ▼ 8.1%
Debt's share of the balance-sheet total falls from 38.6% to 33.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€179,032▼
2022 · €199,947
Cash flow
€145,745▼
2022 · €193,230
Current ratio
4.00▲
2022 · 2.87
Debt to equity
0.49▼
2022 · 0.63
ROE
14.8%▼
2022 · 26.0%
ROA
9.9%▼
2022 · 16.0%
Interest coverage
40.55▼
2022 · 86.29
Debt ≤ 1 year
€188,946▼
2022 · €202,297
Debt > 1 year
€118,952▼
2022 · €132,567
Staff costs
€726,501▲
2022 · €239,932
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0.6m | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.1m | €0.07m | €0.3m | ▲ 283% |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.2m | €0.7m | ▲ 203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.03m | €0.03m | €0.05m | €0.05m | €0.05m | ▼ 2.4% |
| Other operating charges640/8 | - | - | - | €0.09m | €0.02m | €0.1m | ▲ 552% |
| Non-recurring operating charges66A | - | - | - | €393 | - | €0.06m | - |
| Gross operating margin9900 | €0.5m | €0.8m | €1.2m | €0.5m | €0.5m | €1.1m | ▲ 140% |
| Operating profit (loss)9901 | €0.06m | €0.2m | €0.2m | €0.02m | €0.1m | €0.1m | ▼ 13.5% |
| Recurring financial income75 | €0 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.005m | €0.002m | €0.03m | ▲ 1,337% |
| Recurring financial charges65 | €0.005m | €0.008m | €0.003m | €0.004m | €0.002m | €0.004m | ▲ 90.5% |
| Non-recurring financial charges66B | - | - | - | €0.001m | - | €0.03m | - |
| Profit (loss) for the period before taxes9903 | €0.05m | €0.2m | €0.2m | €0.02m | €0.1m | €0.09m | ▼ 35.4% |
| Income taxes67/77 | €0 | €0.002m | €0.03m | - | €0.004m | - | - |
| Profit (loss) for the period9904 | €0.05m | €0.2m | €0.2m | €0.02m | €0.1m | €0.09m | ▼ 33.3% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.2m | €0.2m | €0.02m | €0.1m | €0.09m | ▼ 33.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.1m | €0.9m | €0.9m | €0.8m | €0.9m | €0.9m | ▲ 7.5% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - |
| Fixed assets21/28 | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 38.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 38.1% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | ▼ 9.1% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €380 | €0.001m | ▲ 203% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.02m | €0.01m | ▼ 46.7% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.08m | - | - |
| Financial fixed assets28 | €0 | €0 | €0 | - | - | - | - |
| Current assets29/58 | €0.8m | €0.6m | €0.7m | €0.5m | €0.6m | €0.8m | ▲ 30.0% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €0.4m | €0.5m | €0.5m | €0.4m | €0.5m | €0.7m | ▲ 32.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 14.7% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.3m | €0.5m | ▲ 41.0% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €0.4m | €0.1m | €0.2m | €0.06m | €0.06m | €0.07m | ▲ 12.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €442 | ▼ 49.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.1m | €0.9m | €0.9m | €0.8m | €0.9m | €0.9m | ▲ 7.5% |
| Equity10/15 | €0.05m | €0.2m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 17.4% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0.004m | = |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0.004m | = |
| Distributable reserves133 | - | - | - | €0.04m | €0.04m | €0.04m | = |
| Profit (loss) carried forward14 | €0.005m | €0.2m | €0.3m | €0.3m | €0.5m | €0.6m | ▲ 19.5% |
| Amounts payable17/49 | €1.0m | €0.7m | €0.5m | €0.5m | €0.3m | €0.3m | ▼ 8.1% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 10.3% |
| Financial debts170/4 | - | - | - | €0.2m | €0.1m | €0.1m | ▼ 10.3% |
| Amounts payable within one year42/48 | €0.9m | €0.6m | €0.4m | €0.3m | €0.2m | €0.2m | ▼ 6.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.03m | €0.01m | ▼ 60.4% |
| Trade debts44 | €0.7m | €0.4m | €0.3m | €0.2m | €0.1m | €0.1m | ▲ 1.7% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.1m | ▲ 1.7% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.01m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.03m | €0.02m | ▼ 25.7% |
| Taxes450/3 | - | - | - | €0.04m | €0.03m | €0.02m | ▼ 25.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,452 | €151,457 | €163,819 | €15,719 | €138,489 | €92,340 | ▼ 33.3% |
| + Depreciation and write-downs630 | €21,349 | €26,052 | €27,402 | €45,629 | €54,740 | €53,404 | ▼ 2.4% |
| Operating cash flow (approximation) | €72,802 | €177,509 | €191,221 | €61,348 | €193,230 | €145,745 | ▼ 24.6% |
| Investment in fixed assets (approximation) | - | -€17,415 | -€16,496 | -€143,738 | €0 | €55,634 | - |
| Change in cash | - | -€232,130 | €65,494 | -€134,057 | -€1,295 | €7,874 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00484168 |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00392449 |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20439561 |
| 31-12-2020 | abbreviated format | 27-10-2021 | 2021-75000460 |
| 31-12-2019 | abbreviated format | 21-08-2020 | 2020-43500587 |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-35000035 |
| 31-12-2017 | abbreviated format | 30-06-2018 | 2018-26400077 |
| 31-12-2016 | abbreviated format | 14-06-2017 | 2017-17400353 |
| 31-12-2015 | abbreviated format | 12-07-2016 | 2016-31000029 |
| 31-12-2014 | abbreviated format | 06-07-2015 | 2015-27900299 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Christiaan Hendrickx Cuylitsstraat 48, 2018 Antwerpen 1 |
16-01-2025 → 05-05-2026 |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
12-05
Bankruptcy
Bankruptcy closure (by liquidation)
Enterprise Court of Antwerp, Antwerp division · judgment of 05-05-2026
2025
23-01
Bankruptcy
Opening
Enterprise Court of Antwerp, Antwerp division · judgment of 16-01-2025
2024
30-09
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 61 days late
2023
31-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 31 days late
2022
31-12
Financial
Equity above €500,000equity €531,931 ▲35.2%
A profit in every financial year since 2018 builds equity to €531,931.
29-09
NBB filing
Annual accounts filed
financial year 2021 · micro format · 60 days late
2021
31-12
Financial
Weakest financial yearnet €15,719 ▼90.4%
Net result drops to €15,719, the lowest in the series.
27-10
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format · 88 days late
2020
31-12
Financial
Highest result from 2018 to 2023net €163,819 ▲8.2%
Operating result €225,637, net result €163,819, both a record.
21-08
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format · 21 days late
2019
31-12
Financial
Equity above €200,000equity €202,403 ▲297%
A profit in every financial year since 2018 builds equity to €202,403.
18-07
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
Show earlier events
2018
30-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
14-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2016
12-07
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
2015
06-07
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 12 annual accounts filed, the latest 10 are here; all 12 are under Financials.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen
Ground area
3,258 m²
Building footprint
1,719 m²
Building volume
10,794 m³
Parcel 11463D0153/00K000, Flanders · tallest building 7.8 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11463D0153/00K000 | Flanders | 3,258 m² | 1 · 1,719 m² | 7.8 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.