Eval Europe has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €290.63M and a net result of €62.12M. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023 · tick = 2022
Profitability95▲+34
Solvency100=
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2023Solvency, return and age of the figures
Solvency
90.6%
Return on assets
19.4%
Age of the figures
33 mo
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
37 d early
2022
31 d early
2021
45 d early
2020
31 d early
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€317.35M▲ 0.4%
2022 · €316.18M
2020: €174.47M
2021: €227.67M
2022: €316.18M
2020 → 2023
EBIT margin
25.5%▲ 25.1pp
2022 · 0.5%
2020: 6.9%
2021: 9.3%
2022: 0.5%
2020 → 2023
Net result
€62.12M▲ 6,740%
2022 · €908k
2020: €8.37M
2021: €5.15M
2022: €908k
2020 → 2023
Working capital
€183.68M▲ 42.7%
2022 · €128.75M
2020: €129.63M
2021: €127.94M
2022: €128.75M
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€174.47M-€227.67M▲ 30.5%€316.18M▲ 38.9%€317.35M▲ 0.4%
Equity€222.45M-€227.60M▲ 2.3%€228.51M▲ 0.4%€290.63M▲ 27.2%
Operating result€11.99M-€21.22M▲ 76.9%€1.44M▼ 93.2%€81.03M▲ 5,532%
Net result€8.37M-€5.15M▼ 38.5%€908k▼ 82.4%€62.12M▲ 6,740%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 5,532% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €320.93M
Fixed assets
€107.68M▲ 7.1%
Current assets
€213.25M▲ 11.5%
Equity and liabilities €320.93M
Equity
€290.63M▲ 27.2%
Debt
€30.30M▼ 52.1%
The debt ratio falls from 21.7% to 9.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100.44M▲
2022 · €18.97M
Cash flow
€81.53M▲
2022 · €18.44M
Solvency
90.6%▲
2022 · 78.3%
Current ratio
7.21▲
2022 · 3.06
Quick ratio
5.03▲
2022 · 2.05
Debt / equity
0.10▼
2022 · 0.28
ROE
21.4%▲
2022 · 0.4%
ROA
19.4%▲
2022 · 0.3%
Interest coverage
1851.01▲
2022 · 458.16
Debt
€30.30M▼
2022 · €63.27M
Debt ≤ 1 year
€29.57M▼
2022 · €62.52M
Income taxes
€20.82M▲
2022 · €408k
Staff costs
€24.62M▲
2022 · €21.30M
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€291.78M€320.93M▲
Fixed assets21/28€100.51M€107.68M▲
Intangible fixed assets21€533k€820k▲
Tangible fixed assets22/27€99.95M€106.83M▲
Land and buildings22€13.16M€12.89M▼
Plant, machinery and equipment23€74.51M€80.85M▲
Furniture and vehicles24€271k€278k▲
Assets under construction and advance payments27€12.01M€12.81M▲
Financial fixed assets28€29k€29k=
Other financial fixed assets284/8€29k€29k=
Amounts receivable and cash guarantees285/8€29k€29k=
Current assets29/58€191.27M€213.25M▲
Stocks and contracts in progress3€63.22M€64.44M▲
Stocks30/36€63.22M€64.44M▲
Raw materials and consumables30/31€7.57M€11.22M▲
Work in progress32€10k-
Finished goods33€41.02M€39.76M▼
Goods purchased for resale34€14.62M€13.46M▼
Amounts receivable within one year40/41€125.08M€145.58M▲
Trade receivables40€69.23M€45.55M▼
Other amounts receivable41€55.85M€100.02M▲
Cash at bank and in hand54/58€2.46M€2.68M▲
Deferred charges and accrued income490/1€514k€560k▲
Equity and liabilities
Total equity and liabilities10/49€291.78M€320.93M▲
Equity10/15€228.51M€290.63M▲
Contributions10/11€29.75M€29.75M=
Capital10€29.75M€29.75M=
Issued capital100€29.75M€29.75M=
Reserves13€2.97M€2.97M=
Non-distributable reserves130/1€2.97M€2.97M=
Legal reserve130€2.97M€2.97M=
Profit (loss) carried forward14€195.79M€257.91M▲
Amounts payable17/49€63.27M€30.30M▼
Amounts payable within one year42/48€62.52M€29.57M▼
Trade debts44€58.46M€22.28M▼
Suppliers440/4€58.46M€22.28M▼
Taxes, remuneration and social security45€4.06M€7.29M▲
Taxes450/3€357k€3.01M▲
Remuneration and social security454/9€3.71M€4.28M▲
Accrued charges and deferred income492/3€747k€731k▼
Income statement
Code20222023
Operating income70/76A€319.88M€319.27M▼
Turnover70€316.18M€317.35M▲
Change in stocks of work in progress, finished goods and contracts in progress71€1.05M€-1.27M▼
Other operating income74€2.65M€3.19M▲
Operating charges60/66A€318.44M€238.24M▼
Goods for resale, raw materials and consumables60€162.49M€112.46M▼
Purchases600/8€170.54M€115.00M▼
Change in stocks: decrease (increase)609€-8.05M€-2.54M▲
Services and other goods61€115.67M€80.68M▼
Remuneration, social security and pensions62€21.30M€24.62M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17.53M€19.40M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€690k€97k▼
Other operating charges640/8€758k€837k▲
Non-recurring operating charges66A€5k€141k▲
Operating profit (loss)9901€1.44M€81.03M▲
Financial income75/76B€1.57M€3.46M▲
Recurring financial income75€1.57M€3.46M▲
Income from current assets751€162k€2.70M▲
Other financial income752/9€1.41M€764k▼
Financial charges65/66B€1.69M€1.55M▼
Recurring financial charges65€1.69M€1.55M▼
Debt charges650€41k€54k▲
Other financial charges652/9€1.65M€1.50M▼
Profit (loss) for the period before taxes9903€1.32M€82.94M▲
Income taxes67/77€408k€20.82M▲
Taxes670/3€419k€20.82M▲
Tax adjustments and reversals of tax provisions77€11k-
Profit (loss) for the period9904€908k€62.12M▲
Profit (loss) for the period to be appropriated9905€908k€62.12M▲
Appropriation of the result
Profit (loss) to be appropriated9906€195.79M€257.91M▲
Profit (loss) brought forward from the previous period14P€194.88M€195.79M▲
Social balance
Average headcount (FTE)9087146.5158.4▲
The notes to these accounts (58 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 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2020net €62.12M ▲6740%
Operating result €81.03M, net result €62.12M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 7.21
Current ratio from 3.06 to 7.21; short-term debt falls from €62.52M to €29.57M.
31-12
Financial
Equity above €250MEq €290.63M ▲27.2%
4 profitable years in a row build equity to €290.63M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €908k ▼82.4%
Net result drops to €908k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2024
Berend Bootsma: Resigned as Director
01-01-2023
Masahiro Inoue: Resigned as Director
01-01-2018
Hayase Hiroaya: Resigned as Director
01-01-2018
Kuroki Yoshiki: Resigned as Director
01-02-2016
Kazuhiko Kugawa: Resigned as Director
01-02-2016
Tomoyuki Watanabe: Resigned as Director
01-01-2015
Berend Bootsma: Resigned as Director
01-01-2015
Hayase Hiroaya: Resigned as Director
01-01-2015
Tomoyuki Watanabe: Resigned as Managing director
01-04-2014
Kazuhiro Nakayama: Resigned as Director
01-04-2011
Keiji TAGA: Resigned as Director
01-04-2011
Shuichi TAKEMOTO: Resigned as Director
01-04-2010
Keiji MURAKAMI: Resigned as Director
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1997
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.
Nieuwe Weg 12070 Beveren-Kruibeke-ZwijndrechtGround area
7.7 ha
Building footprint
1,032 m²
Volume, LiDAR
9,205 m³
Parcel 11056H0505/00F000, Flanders · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwe Weg 1, 2070 Beveren-Kruibeke-Zwijndrecht
since 19972.084.314.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056H0505/00F000 | Flanders | 7.7 ha | 1 · 1,032 m² | 14.9 m · 3 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.
Structure & network
Group per the LEI register
1 parent companyParent company:株式会社クラレ
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 506,909 EUR awarded · 6,909 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 500,170 EUR | 170 EUR |
| 2024 | 1 | 1,031 EUR | 1,031 EUR |
| 2023 | 1 | 4,345 EUR | 4,345 EUR |
| 2022 | 1 | 1,363 EUR | 1,363 EUR |
Schemes
Strategische ecologiesteun voor ondernemingen
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
1 live approvalChemische procestechnieken duaal (so)
Legal Entity Identifier
2138002Q4M48KNBWX925
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Of 1,229 companies in sector 46851 we hold annual accounts for 516. 36 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-11-1997
Fiscal year end31-12
Activities, NACEBEL
46851Wholesale of industrial chemicals
51550
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.