Losses
Every financial year from 2022 to 2026 closed with a loss. 2022 was the heaviest.
Every financial year from 2022 to 2026 closed with a loss. 2022 was the heaviest.
Green is investment, beige is depreciation.
The last five annual accounts were filed 6 to 15 days before the end of the period.
Lower solvency than 89% of companies in head offices and management consultancy. Sector median 60.7% · 1,543 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 70, micro). It does better than 13% of them on solvency, 33% on liquidity, 31% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 849 companies had the same profile as Eyefinity has now. Each dot stands for 3 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Eyefinity itself is lower: 0.3% within 12 months. It rests on far more data about Eyefinity than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 849 companies, not a prediction for Eyefinity. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.68, below 1. Short-term debt is 95.4% and cash 51.7% of total assets. 95.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Eyefinity Brussels | €169,264 | €9,114 | 4.6% | - |
| MSP INVESTMENT Ixelles | €190,949 | €8,414 | 19.7% | - |
| 4IMB Koekelberg | €150,492 | €8,588 | 7.2% | - |
| MONTANA MANAGEMENT Uccle | €163,146 | €10,658 | 23.1% | - |
| SIDE UP Anderlecht | €152,758 | €8,108 | 77.1% | - |
| PHIL-CO INVEST Waasmunster | €156,859 | €9,733 | 69.3% | - |
| ITER Consulting Antwerp | €171,938 | €8,260 | 85.9% | - |
These companies have the same main activity as Eyefinity: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €150,000 and €191,000, founded between 2017 and 2018.
Eyefinity files the micro format. That format states no turnover. The gross margin rose from €6,941 in 2019 to €9,114 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €42,000. Estimated: probably between €21,000 and €85,000.
Higher than 95% of 39,360 companies in 2025.
Higher than 85% of 29,070 companies in 2022.
Higher than 8% of 38,516 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
169,264 | 9,253 | 10,602 | 11,394 | 15,353 | 20,265 | 21,689 | 18,132 | |
21/28 |
59,680 | - | - | - | - | - | - | - | |
21 |
31,500 | - | - | - | - | - | - | - | |
22/27 |
28,000 | - | - | - | - | - | - | - | |
24 |
28,000 | - | - | - | - | - | - | - | |
28 |
180 | - | - | - | - | - | - | - | |
29/58 |
109,584 | 9,253 | 10,602 | 11,394 | 15,353 | 20,265 | 21,689 | 18,132 | |
40/41 |
22,087 | 8,153 | 7,933 | 8,401 | 7,060 | 17,833 | 21,115 | 13,915 | |
40 |
22,087 | 4,114 | 4,114 | 4,114 | 3,206 | 14,014 | 21,115 | 13,915 | |
41 |
- | 4,039 | 3,819 | 4,287 | 3,854 | 3,819 | - | - | |
54/58 |
87,497 | 1,100 | 2,669 | 2,993 | 8,293 | 2,432 | 574 | 4,217 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
169,264 | 9,253 | 10,602 | 11,394 | 15,353 | 20,265 | 21,689 | 18,132 | |
10/15 |
7,783 | 9,253 | 10,602 | 11,394 | 13,254 | 17,598 | 13,240 | 11,401 | |
10/11 |
7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 11,100 | 11,100 | 11,100 | |
13 |
10,098 | 10,098 | 10,098 | 10,098 | 10,098 | 10,098 | 5,740 | 3,901 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 10,098 | 3,880 | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
1319 |
- | - | - | - | - | 8,238 | 3,880 | - | |
133 |
8,238 | 8,238 | 8,238 | 8,238 | 8,238 | - | - | 2,041 | |
14 |
-9,815 | -8,345 | -6,996 | -6,204 | -4,344 | - | - | - | |
17/49 |
161,481 | - | - | - | 2,099 | 2,667 | 8,449 | 6,731 | |
42/48 |
161,481 | - | - | - | 2,099 | 2,667 | 8,449 | 6,731 | |
44 |
84,252 | - | - | - | 647 | 2,667 | 3,373 | 3,812 | |
440/4 |
84,252 | - | - | - | 347 | 1,270 | 3,373 | 3,812 | |
441 |
- | - | - | - | 300 | 1,397 | - | - | |
45 |
241 | - | - | - | - | - | 5,068 | 2,919 | |
450/3 |
241 | - | - | - | - | - | 5,068 | 2,919 | |
47/48 |
76,988 | - | - | - | 1,452 | - | 8 | - | |
| Income statement | |||||||||
9900 |
9,114 | -1,262 | -714 | -1,781 | -1,050 | 6,017 | 2,350 | 6,941 | |
630 |
10,500 | - | - | - | - | - | - | 1,058 | |
640/8 |
- | - | - | - | 347 | 348 | 355 | 347 | |
9901 |
-1,386 | -1,262 | -714 | -1,781 | -1,397 | 5,669 | 1,995 | 5,536 | |
75/76B |
- | - | - | - | 265 | - | 1 | - | |
75 |
- | - | - | - | 265 | - | 1 | - | |
65/66B |
84 | 87 | 78 | 79 | 89 | 260 | 157 | 35 | |
65 |
84 | 87 | 78 | 79 | 89 | 260 | 157 | 35 | |
9903 |
-1,470 | -1,349 | -792 | -1,860 | -1,221 | 5,409 | 1,839 | 5,501 | |
67/77 |
- | - | - | - | 3,123 | 1,051 | - | 1,600 | |
9904 |
-1,470 | -1,349 | -792 | -1,860 | -4,344 | 4,358 | 1,839 | 3,901 | |
9905 |
-1,470 | -1,349 | -792 | -1,860 | -4,344 | 4,358 | 1,839 | 3,901 | |
| Appropriation of the result | |||||||||
9906 |
-9,815 | -8,345 | -6,996 | -6,204 | -4,344 | 4,358 | 1,839 | 3,901 | |
14P |
-8,345 | -6,996 | -6,204 | -4,344 | - | - | - | - | |
691/2 |
- | - | - | - | - | 4,358 | 1,839 | 3,901 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | 4,358 | 1,839 | 2,041 | |
| Document | |||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 16-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 16-10-2026 | 2026-00566280 | |
| 31-03-2025 | micro format | 22-10-2025 | 2025-00550129 | |
| 31-03-2024 | micro format | 25-10-2024 | 2024-00518510 | |
| 31-03-2023 | micro format | 23-10-2023 | 2023-00491546 | |
| 31-03-2022 | micro format | 25-10-2022 | 2022-20473220 | |
| 31-03-2021 | micro format | 28-10-2021 | 2021-74500334 | |
| 31-03-2020 | micro format | 28-10-2020 | 2020-65300133 | |
| 31-03-2019 | micro format | 25-10-2019 | 2019-71500335 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| 9,114 | - | - | - | - | - | - | 6,594 | ||
| 9,030 | - | - | - | - | - | - | 4,959 | ||
| 70,180 | - | - | - | - | - | - | 1,058 | ||
| 86,397 | -1,569 | -324 | -5,300 | 5,861 | 1,858 | -3,643 | - | ||
| -51,897 | - | - | - | 13,254 | 17,598 | 13,240 | 11,401 | ||
| 4.6% | 100.0% | 100.0% | 100.0% | 86.3% | 86.8% | 61.0% | 62.9% | ||
| 0.68 | - | - | - | 7.31 | 7.60 | 2.57 | 2.69 | ||
| 20.75 | - | - | - | 0.16 | 0.15 | 0.64 | 0.59 | ||
| -18.9% | -14.6% | -7.5% | -16.3% | -32.8% | 24.8% | 13.9% | 34.2% | ||
| -0.9% | -14.6% | -7.5% | -16.3% | -28.3% | 21.5% | 8.5% | 21.5% | ||
| over 100 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €35,000 | - | - | - | - |
| Intangible fixed assets | €35,000 | - | - | - | - |
| Financial fixed assets | €180 | - | - | - | - |
| €10,500 | - | - | - | - |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is a loss of €1,386, larger than the loss of €1,262 in 2025. It is the lowest result since 2023.
Debt's share of the balance-sheet total is 95.4%.
Eyefinity has no parent and no holdings in its annual accounts. Eric JOIRIS is the only director. Eyefinity shares no director with another company.
| DRAKKAR GROUP
registered office since 06-12-2001 · founded in 2001 · group CHINA NATIONAL CHEMICAL CORPORATION LIMITED |
turnover €37.9m (2025) 0476.202.494 |
| FG EURO GREEN 1
registered office since 17-02-2016 · founded in 2016 |
turnover €9.2m (2025) 0648.762.526 |
| K in Kortrijk
registered office since 01-06-2004 · founded in 2004 |
turnover €7.0m (2025) 0865.132.805 |
| LES GRANDS PRES S.A.
registered office since 30-04-2001 · founded in 2001 |
turnover €23.9m (2025) 0474.332.473 |
| ROYALE 120
registered office since 15-06-2007 · founded in 2007 |
turnover €3.7m (2025) 0890.094.665 |
| Equals Money Europe
establishment since 02-10-2012 · founded in 2012 |
24 FTE (2025) 0849.185.510 |
| UIR BELGIQUE 1
registered office since 19-10-2001 · founded in 2001 |
turnover €5.9m (2025) 0474.386.418 |
| THE FIRST
registered office since 20-04-1993 · founded in 1993 |
turnover €3.9m (2025) 0449.936.577 |
| JC PARTICIPATIONS
registered office since 25-02-2014 · founded in 2014 |
total assets €53.9m (2025) 1031.739.708 |
| HM Belgium
registered office since 04-03-2014 · founded in 2014 · accounts filed late |
total assets €49.1m (2024) 0547.621.913 |
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Louizalaan 54 registered office 1050 Brussels | ||
| Sharks and Wolves Louizalaan 60-62, 1050 Ixelles | 09-02-2018 | 2.273.486.889 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21807G0001/00L000 | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 |
| 21807G0003/00N002 | 1,072 m² | 1 · 902 m² | 33.3 m · 6 |
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