Eutraco
ActiveSummary
The computed 12-month bankruptcy probability of Eutraco is 2.7% (moderate). The 2024 annual accounts show equity of €8.7m and a net result of -€1.2m. Equity is growing by ~14.9% per year across the filed fiscal years. The company has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 49 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
History
Eutraco was incorporated on 28 April 1967.1 In 2026 the capital was increased by EUR 10 million to EUR 11 million.2 Since 2026, Capital@PRO has served as managing director of the company.3 Revenue grew from EUR 47 million in 2018 to EUR 99 million in 2024 and headcount from 164 to 293 full-time equivalents.4
Go further with this company
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 137 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 96% are still going.
- Large
- solvency 10 to 30%
- a small loss
- without age
For this company itself Checked computes a bankruptcy probability of 2.7% 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 497,340 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% | 1.8% |
| 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 137 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €63.1m | €90.9m | €90.1m | €103.6m | ▲ 15.0% |
| Turnover70 | €44.5m | €58.8m | €87.7m | €86.0m | €99.4m | ▲ 15.5% |
| Own construction capitalised72 | - | €3.1m | €2.4m | €2.1m | €2.3m | ▲ 9.8% |
| Other operating income74 | - | €1.2m | €755,690 | €1.9m | €1.8m | ▼ 8.0% |
| Non-recurring operating income76A | - | €45,000 | €118 | €0 | €82,329 | - |
| Operating charges60/66A | - | €62.5m | €88.4m | €87.4m | €101.9m | ▲ 16.7% |
| Goods for resale, raw materials and consumables60 | - | €38.6m | €50.1m | €36.7m | €37.5m | ▲ 2.3% |
| Purchases600/8 | - | €38.7m | €50.1m | €36.7m | €37.5m | ▲ 2.4% |
| Change in stocks: decrease (increase)609 | - | -€69,115 | -€2,312 | €3,808 | -€19,849 | ▼ 621% |
| Services and other goods61 | - | €12.1m | €19.0m | €25.3m | €34.6m | ▲ 36.5% |
| Remuneration, social security and pensions62 | - | €9.3m | €14.9m | €18.7m | €20.2m | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.6m | €1.6m | €3.1m | €5.1m | €5.4m | ▲ 5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€8,564 | -€129,266 | €568 | €112,894 | ▲ 19,769% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €662,166 | €1.1m | €1.4m | €1.5m | ▲ 10.9% |
| Non-recurring operating charges66A | - | €181,718 | €320,011 | €100,786 | €2.5m | ▲ 2,380% |
| Operating profit (loss)9901 | €123,393 | €546,499 | €2.6m | €2.7m | €1.7m | ▼ 38.8% |
| Financial income75/76B | - | €152,663 | €208,167 | €194,461 | €72,656 | ▼ 62.6% |
| Recurring financial income75 | €265,578 | €152,663 | €207,923 | €194,461 | €72,656 | ▼ 62.6% |
| Income from financial fixed assets750 | - | €118,160 | €95,037 | €12,709 | €0 | ▼ 100% |
| Income from current assets751 | - | €17,118 | €0 | €138,609 | €28,931 | ▼ 79.1% |
| Other financial income752/9 | - | €17,385 | €112,885 | €43,143 | €43,725 | ▲ 1.3% |
| Non-recurring financial income76B | - | - | €244 | €0 | - | - |
| Financial charges65/66B | - | €281,591 | €587,597 | €1.7m | €3.0m | ▲ 75.6% |
| Recurring financial charges65 | €220,353 | €281,591 | €587,597 | €1.7m | €3.0m | ▲ 75.6% |
| Debt charges650 | €133,939 | €186,596 | €400,739 | €1.5m | €2.8m | ▲ 85.4% |
| Other financial charges652/9 | - | €94,994 | €186,859 | €185,112 | €178,191 | ▼ 3.7% |
| Profit (loss) for the period before taxes9903 | €168,617 | €417,572 | €2.2m | €1.2m | -€1.2m | ▼ 203% |
| Transfer from deferred taxes780 | - | - | €29,384 | €58,305 | €103,265 | ▲ 77.1% |
| Income taxes67/77 | €26,181 | €5,094 | €685,416 | €523,178 | €12,953 | ▼ 97.5% |
| Taxes670/3 | - | €5,094 | €685,416 | €523,178 | €12,953 | ▼ 97.5% |
| Profit (loss) for the period9904 | €142,436 | €412,478 | €1.5m | €744,012 | -€1.2m | ▼ 255% |
| Transfer from tax-exempt reserves789 | - | - | €88,153 | €174,916 | €309,795 | ▲ 77.1% |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €130,636 | €412,478 | €1.6m | €918,928 | -€842,999 | ▼ 192% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.7m | €23.6m | €43.6m | €61.4m | €63.7m | ▲ 3.7% |
| Formation expenses20 | €375,200 | €3.2m | €5.2m | €6.5m | €8.0m | ▲ 23.3% |
| Fixed assets21/28 | €8.0m | €10.0m | €24.4m | €22.2m | €22.5m | ▲ 1.5% |
| Intangible fixed assets21 | €561,840 | €753,667 | €631,969 | €394,758 | €1.0m | ▲ 163% |
| Tangible fixed assets22/27 | €2.6m | €3.2m | €12.7m | €18.5m | €18.3m | ▼ 1.1% |
| Land and buildings22 | - | €4,142 | €37,298 | €460,938 | €673,622 | ▲ 46.1% |
| Plant, machinery and equipment23 | - | €534,265 | €1.9m | €2.1m | €1.8m | ▼ 11.8% |
| Furniture and vehicles24 | - | €168,272 | €607,096 | €675,017 | €997,986 | ▲ 47.8% |
| Leasing and similar rights25 | - | €2.4m | €10.0m | €15.0m | €14.4m | ▼ 3.7% |
| Assets under construction and advance payments27 | - | €127,551 | €206,545 | €354,420 | €410,827 | ▲ 15.9% |
| Financial fixed assets28 | €4.8m | €6.0m | €11.0m | €3.3m | €3.2m | ▼ 3.7% |
| Affiliated companies280/1 | - | €5.9m | €10.9m | €3.1m | €3.0m | ▼ 3.5% |
| Participating interests280 | - | €29,825 | €29,800 | €0 | - | - |
| Amounts receivable281 | - | €5.9m | €10.8m | €3.1m | €3.0m | ▼ 3.5% |
| Other financial fixed assets284/8 | - | €71,262 | €144,746 | €146,711 | €132,888 | ▼ 9.4% |
| Amounts receivable and cash guarantees285/8 | - | €71,262 | €144,746 | €146,711 | €132,888 | ▼ 9.4% |
| Current assets29/58 | €9.3m | €10.4m | €14.0m | €32.7m | €33.1m | ▲ 1.3% |
| Stocks and contracts in progress3 | €85,084 | €154,199 | €156,510 | €152,702 | €172,551 | ▲ 13.0% |
| Stocks30/36 | - | €154,199 | €156,510 | €152,702 | €172,551 | ▲ 13.0% |
| Raw materials and consumables30/31 | - | €154,199 | €156,510 | €152,702 | €172,551 | ▲ 13.0% |
| Amounts receivable within one year40/41 | €8.4m | €7.3m | €11.7m | €18.5m | €25.1m | ▲ 35.4% |
| Trade receivables40 | - | €7.0m | €11.3m | €18.3m | €18.1m | ▼ 1.1% |
| Other amounts receivable41 | - | €307,595 | €356,842 | €192,569 | €6.9m | ▲ 3,504% |
| Cash at bank and in hand54/58 | €646,142 | €2.2m | €1.7m | €11.0m | €4.1m | ▼ 63.0% |
| Deferred charges and accrued income490/1 | - | €728,909 | €476,330 | €3.0m | €3.8m | ▲ 26.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.7m | €23.6m | €43.6m | €61.4m | €63.7m | ▲ 3.7% |
| Equity10/15 | €3.7m | €4.1m | €9.2m | €9.9m | €8.7m | ▼ 11.6% |
| Contributions10/11 | €195,760 | €195,760 | €520,764 | €520,764 | €520,764 | = |
| Capital10 | - | €195,760 | €520,764 | €520,764 | €520,764 | = |
| Issued capital100 | - | €195,760 | €520,764 | €520,764 | €520,764 | = |
| Reserves13 | €3.4m | €3.4m | €6.4m | €6.3m | €6.0m | ▼ 4.9% |
| Non-distributable reserves130/1 | - | €19,626 | €52,130 | €52,130 | €52,130 | = |
| Legal reserve130 | - | €19,626 | €52,130 | €52,130 | €52,130 | = |
| Financial assistance1313 | - | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | €1.3m | €3.1m | €2.9m | €2.6m | ▼ 10.6% |
| Distributable reserves133 | - | €2.0m | €3.3m | €3.3m | €3.3m | = |
| Profit (loss) carried forward14 | €151,717 | €564,195 | €2.2m | €3.1m | €2.3m | ▼ 27.2% |
| Provisions and deferred taxes16 | €16,839 | €16,839 | €575,480 | €517,175 | €413,910 | ▼ 20.0% |
| Provisions for liabilities and charges160/5 | - | €16,839 | €16,839 | €16,839 | €16,839 | = |
| Pensions and similar obligations160 | - | €16,839 | €16,839 | €16,839 | €16,839 | = |
| Deferred taxes168 | - | - | €558,642 | €500,336 | €397,071 | ▼ 20.6% |
| Amounts payable17/49 | €14.0m | €19.5m | €33.8m | €51.0m | €54.5m | ▲ 6.9% |
| Amounts payable after more than one year17 | €1.7m | €1.8m | €7.1m | €10.5m | €9.0m | ▼ 14.4% |
| Financial debts170/4 | - | €1.8m | €7.1m | €10.5m | €9.0m | ▼ 14.4% |
| Leasing and similar obligations172 | - | €1.6m | €7.0m | €10.2m | €8.8m | ▼ 13.3% |
| Credit institutions173 | - | €170,000 | €130,000 | €298,249 | €143,257 | ▼ 52.0% |
| Other amounts payable178/9 | - | - | €8,594 | €8,594 | €8,594 | = |
| Amounts payable within one year42/48 | €12.2m | €17.0m | €24.4m | €34.0m | €41.4m | ▲ 21.5% |
| Current portion of amounts payable after more than one year42 | - | €903,116 | €2.2m | €2.9m | €3.0m | ▲ 3.3% |
| Financial debts43 | - | €1.6m | €3.5m | €5.8m | €5.7m | ▼ 1.5% |
| Credit institutions430/8 | - | €1.6m | €3.5m | €5.8m | €5.7m | ▼ 1.5% |
| Trade debts44 | €7.9m | €12.0m | €14.8m | €18.7m | €25.0m | ▲ 33.9% |
| Suppliers440/4 | - | €12.0m | €14.8m | €18.7m | €25.0m | ▲ 33.9% |
| Advances received on contracts in progress46 | - | - | - | €401,152 | €401,152 | = |
| Taxes, remuneration and social security45 | - | €2.3m | €3.7m | €5.6m | €6.1m | ▲ 8.5% |
| Taxes450/3 | - | €736,925 | €1.7m | €2.1m | €2.1m | ▲ 0.4% |
| Remuneration and social security454/9 | - | €1.5m | €2.1m | €3.5m | €4.0m | ▲ 13.4% |
| Other amounts payable47/48 | - | €137,307 | €130,284 | €677,962 | €1.2m | ▲ 76.8% |
| Accrued charges and deferred income492/3 | - | €698,341 | €2.3m | €6.5m | €4.2m | ▼ 35.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €142,436 | €412,478 | €1.5m | €744,012 | -€1.2m | ▼ 255% |
| + Depreciation and write-downs630 | €1.6m | €1.6m | €3.1m | €5.1m | €5.4m | ▲ 5.2% |
| Operating cash flow (approximation) | €1.7m | €2.0m | €4.6m | €5.9m | €4.2m | ▼ 27.7% |
| Investment in fixed assets (approximation) | - | -€3.6m | -€17.5m | -€2.9m | -€5.7m | ▼ 96.5% |
| Change in cash | - | €1.6m | -€577,288 | €9.3m | -€6.9m | ▼ 174% |
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
20-07
State Gazette act
Appointment: Capital@Pro BV (managing director)Permanent representative: Serge Gregoir3 facts ▸
- Board meeting, 23-06-2026
- Director appointment, Capital@Pro BV (managing director)
- Permanent representative, Serge Gregoir (permanent representative)
22-06
State Gazette act
Capital & sharesDeclaration · Capital increase · Capital5 facts ▸
- General meeting, 01-06-2026
- Declaration, waiver of board and auditor report for capital increase in cash, artikel 7:179, §3 WVV
- Capital increase, €10.000.000
- Capital, €10.520.765,04
- Statutes amendment, 5
13-05
State Gazette act
Resignation: Vero Nisu BV (director)Director discharge · Power of attorney14 facts ▸
- General meeting, 29-04-2026
- Director resignation, Vero Nisu BV (director)
- Director discharge, Vero Nisu BV (director)
- Director discharge, Vero Nisu BV (director)
- Board composition, Capital@PRO BV (sole director)
- Power of attorney
- Power of attorney, Véronique Van Eessel
- Power of attorney, Brent Mastin
- Power of attorney, Simon Meyskens
- Board meeting, 29-04-2026
- Director resignation, Vero Nisu BV (director and managing director)
- Director discharge, Vero Nisu BV (director and managing director)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 32 Belgian State Gazette acts we know for this company, 3 have been read. The other 29 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
14 establishment units
Show 8 more locations
13 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006H0702/00A000 | Flanders | 11.9 ha | 1 · 5.1 ha | 1.1 m |
| 12008B0073/00B000 | Flanders | 7.7 ha | 1 · 4.3 ha | 15.7 m · 4 fl. |
| 43006G0380/00G000 | Flanders | 5.7 ha | - | - |
| 36006C1421/00R003 | Flanders | 5.2 ha | - | - |
| 12342B0165/00T000 | Flanders | 5.0 ha | 1 · 3.4 ha | 14.3 m · 4 fl. |
| 12342C0548/00G002 | Flanders | 4.3 ha | 1 · 5.9 ha | 29.2 m · 4 fl. |
| 46445D1776/00K000 | Flanders | 3.7 ha | 1 · 3.0 ha | 58.5 m · 3 fl. |
| 12036B0256/00B000 | Flanders | 2.2 ha | 1 · 1.6 ha | 0.4 m |
| 36505A0064/00B000 | Flanders | 1.5 ha | 1 · 5,500 m² | 10.2 m · 3 fl. |
| 36505B1197/00B000 | Flanders | 1.1 ha | 1 · 1.8 ha | - |
| 36505A0201/00P000 | Flanders | 3,251 m² | 1 · 1,530 m² | 6.8 m · 2 fl. |
| 46446B0827/00H000indicative | Flanders | 604 m² | - | - |
| 11807G0641/00G005 | Flanders | 245 m² | 1 · 150 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Capital@PRO |
|
| Vero Nisu BV |
|
Articles of association
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- North Investments
- EUTRACO Holding
- Eutraco
Highest known parent: North Investments. The sources do not say who stands above it.
Owners 2
- EUTRACO Holdingparent100%
- JOMALIparentSourceaccounts JOMALI 202199.95%
Holdings 1
-
99.33%
According to the 2022 annual accounts of Eutraco and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
Capital and shareholders
- 22-06-2026 Capital increase of 10,000,000 EUR · to 10,520,765.04 EUR · no new shares · in cash
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 814,269 EUR awarded · 283,146 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 486 EUR | 40,486 EUR |
| 2024 | 5 | 641,764 EUR | 150,641 EUR |
| 2023 | 2 | 168,500 EUR | 88,500 EUR |
| 2022 | 1 | 3,519 EUR | 3,519 EUR |
Show 1 more
Recognitions · licences · registrations
Food safety, FASFC
6 sitesShow 2 more sites
Dual-learning approval
2 live approvalsLegal Entity Identifier
Parcel delivery
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.