EUTESESE
ActiveSummary
EUTESESE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €195k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+20
Solvency27▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.03 in 2023; short-term debt: 82.1% and cash: 20.1% of total assets), and 98.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2283 sector peers (2024).
NBB · sector comparisonPosition among 2283 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
49 d early
2022
60 d early
2021
51 d early
2020
30 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€19k▲ 0.1%
2023 · €19k
2019: €14k
2020: €32k
2021: €74k
2022: €81k
2023: €19k
2019 → 2024
Total assets
€1.01M▼ 25.7%
2023 · €1.35M
2019: €57k
2020: €271k
2021: €267k
2022: €308k
2023: €1.35M
2019 → 2024
Net result
€195k▲ 327%
2023 · €46k
2019: €2k
2020: €18k
2021: €43k
2022: €30
2023: €46k
2019 → 2024
Working capital
€148k▲ 312%
2023 · €36k
2019: €13k
2020: €57k
2021: €77k
2022: €58k
2023: €36k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€74k▲ 136%€81k▲ 8.9%€19k▼ 76.9%€19k▲ 0.1%
Operating result€24k-€56k▲ 135%€7k▼ 87.2%€70k▲ 868%€266k▲ 280%
Net result€18k-€43k▲ 144%€30▼ 99.9%€46k▲ 153,731%€195k▲ 327%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 280% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€32k ▼ 7.3%
Current assets
€975k ▼ 26.2%
Equity and liabilities €1.01M
Equity
€19k ▲ 0.1%
Debt
€988k ▼ 26.1%
Debt's share of the balance-sheet total falls from 98.6% to 98.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€280k▲
2023 · €83k
Cash flow
€209k▲
2023 · €58k
Current ratio
1.18▲
2023 · 1.03
Debt to equity
52.68▼
2023 · 71.32
ROA
19.4%▲
2023 · 3.4%
Interest coverage
75.98▲
2023 · 16.71
Debt ≤ 1 year
€827k▼
2023 · €1.28M
Income taxes
€67k▲
2023 · €19k
A ratio outside any meaningful range has been withheld (balance sheet total €1.01M, equity €19k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.35M€1.01M▼
Fixed assets21/28€34k€32k▼
Tangible fixed assets22/27€34k€32k▼
Furniture and vehicles24€21k€17k▼
Other tangible fixed assets26€13k€15k▲
Current assets29/58€1.32M€975k▼
Amounts receivable within one year40/41€807k€370k▼
Trade receivables40€710k€345k▼
Other amounts receivable41€97k€25k▼
Cash at bank and in hand54/58€32k€202k▲
Deferred charges and accrued income490/1€481k€403k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.01M▼
Equity10/15€19k€19k▲
Contributions10/11€19k€19k=
Reserves13€132€146▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€132€146▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.34M€988k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€1.28M€827k▼
Current portion of amounts payable after more than one year42€5k€0▼
Trade debts44€1.16M€695k▼
Suppliers440/4€1.16M€695k▼
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45€78k€82k▲
Taxes450/3€78k€82k▲
Other amounts payable47/48€42k€48k▲
Accrued charges and deferred income492/3€51k€161k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€13k▲
Other operating charges640/8€5k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€97k€295k▲
Operating profit (loss)9901€70k€266k▲
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€65k€262k▲
Income taxes67/77€19k€67k▲
Profit (loss) for the period9904€46k€195k▲
Profit (loss) for the period to be appropriated9905€46k€195k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€195k▲
Transfer from equity791/2€62k€0▼
Transfer to equity691/2€0€14▲
To other reserves6921€0€14▲
Profit to be distributed694/7€108k€195k▲
Return on contributions (dividend)694€108k€195k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €195k ▲327%
Operating result €266k, net result €195k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €30 ▼99.9%
Net result drops to €30, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Genk · 2 establishment units since 2018
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.
Hondeskuilstraat 103600 GenkGround area
2,359 m²
Building footprint
215 m²
Volume, LiDAR
1,126 m³
Parcel 71305F0375/00Z000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
EUTESESE
since 20182.278.399.544
EUTESESE
since 20212.320.844.665
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F0375/00Z000 | Flanders | 2,359 m² | 1 · 215 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
E Group Belgium
BE 0822.926.521
Lasne · Eq €18,781
SEKUNDI
BE 0807.778.287
Machelen (Brab.) · Eq €19,308
LOUIS VUITTON SERVICES EUROPE
BE 0823.609.677
Brussel · Eq €20,405
BLUE STONE
BE 0767.871.893
Gent · Eq €16,373
COMNEXIO
BE 0727.639.263
Charleroi · Eq €25,000
Of 190 companies in sector 82200 we hold annual accounts for 86. 37 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82200Office administrative, office support and other business support activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.