NIEDERAU EUPEN
ActiveNIEDERAU EUPEN has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.09M and a net result of €-78k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 6006 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▼-14
Solvency100=
Growth46▼-21
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days only on tighter terms
Liquidity ample (current ratio 7.42 against 6.19 in 2023), and 12.3% of the assets are financed with debt.
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 →
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
43 d early
2022
48 d early
2021
18 d early
2020
25 d early
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€12.64M▼ 14.1%
2023 · €14.73M
2018: €12.42M
2019: €12.46M
2020: €11.88M
2021: €15.00M
2022: €14.71M
2023: €14.73M
2018 → 2024
EBIT margin
-1.4%▼ 2.6pp
2023 · 1.2%
2018: -1.3%
2019: -1.0%
2020: 0.2%
2021: 1.4%
2022: 2.3%
2023: 1.2%
2018 → 2024
Net result
€-78k
2023 · €201k
2018: €-50k
2019: €-1k
2020: €112k
2021: €329k
2022: €385k
2023: €201k
2018 → 2024
Working capital
€4.51M▼ 3.7%
2023 · €4.68M
2018: €3.92M
2019: €3.87M
2020: €4.04M
2021: €4.29M
2022: €4.58M
2023: €4.68M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€11.88M-€15.00M▲ 26.3%€14.71M▼ 1.9%€14.73M▲ 0.1%€12.64M▼ 14.1%
Equity€4.25M-€4.58M▲ 7.7%€4.96M▲ 8.4%€5.17M▲ 4.1%€5.09M▼ 1.5%
Operating result€20k-€216k▲ 998%€333k▲ 53.8%€173k▼ 47.9%€-179k
Net result€112k-€329k▲ 193%€385k▲ 17.1%€201k▼ 47.7%€-78k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €179k after €173k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.80M
Fixed assets
€589k▲ 19.5%
Current assets
€5.21M▼ 6.7%
Equity and liabilities €5.80M
Equity
€5.09M▼ 1.5%
Debt
€712k▼ 21.7%
The debt ratio falls from 15.0% to 12.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-9k▼
2023 · €351k
Cash flow
€91k▼
2023 · €379k
Solvency
87.7%▲
2023 · 85.0%
Current ratio
7.42▲
2023 · 6.19
Quick ratio
3.20▲
2023 · 3.00
Debt / equity
0.14▼
2023 · 0.18
ROE
-1.5%▼
2023 · 3.9%
ROA
-1.4%▼
2023 · 3.3%
Interest coverage
-0.08▼
2023 · 2.83
Debt
€712k▼
2023 · €910k
Debt ≤ 1 year
€702k▼
2023 · €901k
Income taxes
€650▼
2023 · €89k
Staff costs
€1.97M▼
2023 · €2.09M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€6.08M€5.80M▼
Fixed assets21/28€493k€589k▲
Tangible fixed assets22/27€461k€557k▲
Plant, machinery and equipment23€182k€243k▲
Furniture and vehicles24€265k€294k▲
Other tangible fixed assets26€14k€20k▲
Financial fixed assets28€32k€32k=
Companies linked by participating interests282/3€3k€3k=
Participating interests282€3k€3k=
Other financial fixed assets284/8€29k€29k=
Amounts receivable and cash guarantees285/8€29k€29k=
Current assets29/58€5.58M€5.21M▼
Stocks and contracts in progress3€2.88M€2.97M▲
Stocks30/36€2.88M€2.97M▲
Goods purchased for resale34€2.88M€2.97M▲
Amounts receivable within one year40/41€1.52M€1.30M▼
Trade receivables40€1.48M€1.27M▼
Other amounts receivable41€39k€29k▼
Current investments50/53€622k€540k▼
Other investments51/53€622k€540k▼
Cash at bank and in hand54/58€550k€401k▼
Deferred charges and accrued income490/1€12k€3k▼
Equity and liabilities
Total equity and liabilities10/49€6.08M€5.80M▼
Equity10/15€5.17M€5.09M▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€4.67M€4.59M▼
Non-distributable reserves130/1€50k€50k=
Reserves not available under the articles1311€50k€50k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€4.60M€4.52M▼
Amounts payable17/49€910k€712k▼
Amounts payable within one year42/48€901k€702k▼
Trade debts44€552k€475k▼
Suppliers440/4€552k€475k▼
Taxes, remuneration and social security45€349k€227k▼
Taxes450/3€6k-
Remuneration and social security454/9€343k€227k▼
Accrued charges and deferred income492/3€8k€10k▲
Income statement
Code20232024
Operating income70/76A€14.79M€12.69M▼
Turnover70€14.73M€12.64M▼
Own construction capitalised72€559€1k▲
Other operating income74€38k€23k▼
Non-recurring operating income76A€25k€24k▼
Operating charges60/66A€14.62M€12.87M▼
Goods for resale, raw materials and consumables60€11.36M€9.78M▼
Purchases600/8€11.44M€9.86M▼
Change in stocks: decrease (increase)609€-88k€-84k▲
Services and other goods61€877k€885k▲
Remuneration, social security and pensions62€2.09M€1.97M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178k€170k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k€-15k▼
Other operating charges640/8€90k€91k▲
Non-recurring operating charges66A€4k-
Operating profit (loss)9901€173k€-179k▼
Financial income75/76B€241k€213k▼
Recurring financial income75€241k€213k▼
Income from current assets751€10k€17k▲
Other financial income752/9€231k€196k▼
Financial charges65/66B€124k€112k▼
Recurring financial charges65€124k€112k▼
Other financial charges652/9€124k€112k▼
Profit (loss) for the period before taxes9903€290k€-78k▼
Income taxes67/77€89k€650▼
Taxes670/3€89k€672▼
Tax adjustments and reversals of tax provisions77€116€22▼
Profit (loss) for the period9904€201k€-78k▼
Profit (loss) for the period to be appropriated9905€201k€-78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€201k€-78k▼
Transfer from equity791/2-€78k
From reserves792-€78k
Transfer to equity691/2€201k-
To other reserves6921€201k-
Social balance
Average headcount (FTE)908741.638.7▼
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-08
State Gazette act
General meeting · Director reappointment
Director resignation
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-78k ▼139%
Net result drops to €-78k, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €5MEq €5.17M ▲4.1%
4 profitable years in a row build equity to €5.17M.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €385k ▲17.1%
Operating result €333k, net result €385k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Back to profitnet €112k
Net result €112k after 2 loss-making years.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 63 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Eupen · 1 establishment unit since 1979
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.
Rue de Herbesthal 1344700 EupenGround area
2.7 ha
Building footprint
9,054 m²
Volume, LiDAR
55,755 m³
Parcel 63023A0073/00W000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Herbesthal 134, 4700 Eupen
since 19792.016.931.787
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023A0073/00W000 | Wallonia | 2.7 ha | 1 · 9,054 m² | 8.2 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.
Structure & network
Ownership & control
1 partyNIEDERAU EUPENBE 0419.897.855
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 970 companies in sector 46431 we hold annual accounts for 698. 267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-11-1979
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46841Wholesale trade
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
47592Retail trade
51532
52442
52450
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.