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EUTIMA

Active
Private limited companyfounded 1975active for 51 yearsGenthof 5, 9255 Buggenhout, BelgiumKBO/BCE: BE 0415.412.891
Summary

EUTIMA has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €910,583 and a net result of €339,217. Equity is shrinking by about 4% per year across the filed financial years. Its solvency ranks better than 6% of 94 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of paper and paper products
NACE 17120Manufacture of textiles NACE 13960Manufacture of paper and paper products NACE 17220
3rd largest company by total assets in Buggenhout, Manufacturing sector1 site
Size
€1.1mturnover 2025
Staff
0.2 FTE
Equity
€910,583
Profit
€339,217
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Ontex · 100%
Holdings
4
Accounts 25 days early0 of 30 deeds read
Why 86raises riskEquity €910,583 (5.0% of total assets)Sector: Manufacture of paper and paper products (NACE 17)lowers riskSize: turnover €1.1m, 0.2 FTE, total assets €18.3mFounded in 1975Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 29% of its sector peers (NACE 17, micro)
Financial strength · tick = 2024
Weak
Solvency 30-70
equity 5.0% of total assets
Liquidity 50-50
short-term debt 94.9% · cash 95.0%
Profitability 63-6
return on assets 1.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (113 companies, NACE 17, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.01, compared with 10.58 in 2024; short-term debt: 94.9% and cash: 95% of total assets), and 95% of the assets are financed with debt and provisions.
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 17, micro): better than 19% on solvency, 51% on liquidity, 43% on profitability and 5% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Equity €910,583 (5.0% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of paper and paper products (NACE 17)
KBO
lowers risk · Size: turnover €1.1m, 0.2 FTE, total assets €18.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1975
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 94 sector peers (2025).
NBB · sector comparison
Position among 94 sector peers
Solvency
better than 6%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
28 days early
2023
33 days early
2022
32 days early
2021
33 days early
2020
22 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 17) for financial year 2024 is 13 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Caution: Staff fell in 2025from 13.1 FTE to 0.2 FTE ▼ 98.5% View
  • Caution: Among the weakest 7% on solvencysector median 48.5% · 94 companies 5.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Ontexultimately: ONTEX GROUP 100% View
  • Positive: 6 profitable years in a rowprofit 2025: €339,217 6 years View
  • Active since 1975founded 18-09-1975 51 years View

By topic

Financials

Financial year
2025
Turnover
€1.1m
Profit
€339,217
Solvency
5.0%
Turnover▼ 60.6%
Net result
20182025
Go to Financials

Timeline

Events
51
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result from 2018 to 2025
  2. 31-12-2023Liquidity more than doubled
  3. 29-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of paper and paper productsNACE 17120
Founded
18-09-1975
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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