EUROVAC - EXPO
ActiveEUROVAC - EXPO has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.20M and a net result of €114k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-4
Solvency79▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.89 in 2023; short-term debt: 42.1% and cash: 1.3% of total assets), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54%
Return on assets
5.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
29 d late
2022
37 d late
2021
4 d early
2020
86 d late
2019
52 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.20M▲ 10.5%
2023 · €1.08M
2018: €422k
2019: €465k
2020: €548k
2021: €741k
2022: €899k
2023: €1.08M
2018 → 2024
Total assets
€2.22M▼ 0.1%
2023 · €2.22M
2018: €1.24M
2019: €1.57M
2020: €1.77M
2021: €1.80M
2022: €1.97M
2023: €2.22M
2018 → 2024
Net result
€114k▼ 38.4%
2023 · €186k
2018: €-6k
2019: €43k
2020: €83k
2021: €193k
2022: €157k
2023: €186k
2018 → 2024
Working capital
€1.01M▲ 10.8%
2023 · €915k
2018: €372k
2019: €381k
2020: €440k
2021: €614k
2022: €730k
2023: €915k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€548k-€741k▲ 35.2%€899k▲ 21.2%€1.08M▲ 20.7%€1.20M▲ 10.5%
Operating result€104k-€241k▲ 133%€213k▼ 11.6%€224k▲ 5.1%€144k▼ 35.7%
Net result€83k-€193k▲ 132%€157k▼ 18.5%€186k▲ 18.0%€114k▼ 38.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.22M
Fixed assets
€272k▼ 1.7%
Current assets
€1.95M▲ 0.1%
Equity and liabilities €2.22M
Equity
€1.20M▲ 10.5%
Debt
€1.02M▼ 10.3%
The debt ratio falls from 51.2% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€208k▼
2023 · €289k
Cash flow
€178k▼
2023 · €250k
Solvency
54.0%▲
2023 · 48.8%
Current ratio
2.09▲
2023 · 1.89
Quick ratio
1.60▲
2023 · 1.39
Debt / equity
0.85▼
2023 · 1.05
ROE
9.5%▼
2023 · 17.1%
ROA
5.2%▼
2023 · 8.4%
Interest coverage
29.50▼
2023 · 58.22
Debt
€1.02M▼
2023 · €1.14M
Debt ≤ 1 year
€935k▼
2023 · €1.03M
Debt > 1 year
€87k▼
2023 · €107k
Income taxes
€41k▼
2023 · €66k
Staff costs
€126k▲
2023 · €125k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.22M€2.22M▼
Fixed assets21/28€276k€272k▼
Tangible fixed assets22/27€276k€272k▼
Land and buildings22€269k€267k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€1.95M€1.95M▲
Stocks and contracts in progress3€514k€452k▼
Stocks30/36€514k€452k▼
Amounts receivable within one year40/41€1.38M€1.47M▲
Trade receivables40€157k€185k▲
Other amounts receivable41€1.22M€1.28M▲
Cash at bank and in hand54/58€52k€28k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.22M▼
Equity10/15€1.08M€1.20M▲
Contributions10/11€50k€50k=
Reserves13€1.03M€1.15M▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€1.01M€1.12M▲
Amounts payable17/49€1.14M€1.02M▼
Amounts payable after more than one year17€107k€87k▼
Financial debts170/4€107k€87k▼
Amounts payable within one year42/48€1.03M€935k▼
Current portion of amounts payable after more than one year42€20k€20k▲
Financial debts43€39k€39k▲
Credit institutions430/8€39k€39k▲
Trade debts44€888k€793k▼
Suppliers440/4€888k€793k▼
Advances received on contracts in progress46€59k€59k=
Taxes, remuneration and social security45€27k€24k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€18k€19k▲
Other amounts payable47/48€0-
Income statement
Code20232024
Non-recurring operating income76A€5k€4k▼
Remuneration, social security and pensions62€125k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€64k▼
Other operating charges640/8€18k€30k▲
Non-recurring operating charges66A€1k€831▼
Gross operating margin9900€432k€365k▼
Operating profit (loss)9901€224k€144k▼
Financial income75/76B€33k€18k▼
Recurring financial income75€33k€18k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€252k€155k▼
Income taxes67/77€66k€41k▼
Profit (loss) for the period9904€186k€114k▼
Profit (loss) for the period to be appropriated9905€186k€114k▼
Appropriation of the result
Profit (loss) to be appropriated9906€186k€114k▼
Transfer to equity691/2€186k€114k▼
To other reserves6921€186k€114k▼
Social balance
Average headcount (FTE)90872.32.0▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Equity above €1MEq €1.08M ▲20.7%
5 profitable years in a row build equity to €1.08M.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 37 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €193k ▲132%
Operating result €241k, net result €193k, both a record.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
31-12
Financial
Equity above €500kEq €548k ▲17.9%
2 profitable years in a row build equity to €548k.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 52 days late
2019
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 50 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ronse · 2 establishment units since 1981
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ninovestraat 749600 RonseGround area
2.0 ha
Building footprint
8,565 m²
Volume, LiDAR
55,258 m³
2 parcels, Flanders, Wallonia · tallest building 15.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Eurovac-Expo
since 19812.018.405.197
CAMPING LES HAUTS
since 19902.018.405.296
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B0741/00W000 | Flanders | 2.0 ha | 1 · 8,546 m² | 15.1 m · 2 fl. |
| 51053B0725/00C000 | Wallonia | 710 m² | 1 · 19 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 2,179 EUR awarded · 2,179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 179 EUR | 179 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 496 companies in sector 95312 we hold annual accounts for 262. 184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-1981
Fiscal year end31-12
Activities, NACEBEL
47812Retail trade
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
50103
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45194
95319Other maintenance and repair of motor vehicles
46713Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.