EUROCHEM
ActiveEUROCHEM has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.18M and a net result of €716k. Equity is shrinking by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 7811 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
98
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+33
Solvency96▼-4
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 18.07 in 2024), and 46.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.5%
Return on assets
17.5%
Age of the figures
14 mo
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 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
49 d early
2023
5 d early
2022
1 d early
2021
10 d late
2020
1 d late
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close07-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.18M▼ 26.4%
2024 · €2.97M
2019: €4.76M
2020: €5.20M
2021: €2.26M
2022: €2.26M
2023: €2.57M
2024: €2.97M
2019 → 2025
Total assets
€4.08M▲ 29.9%
2024 · €3.14M
2019: €5.26M
2020: €5.75M
2021: €2.78M
2022: €2.44M
2023: €2.88M
2024: €3.14M
2019 → 2025
Net result
€716k▲ 81.0%
2024 · €395k
2019: €697k
2020: €429k
2021: €61k
2022: €3k
2023: €307k
2024: €395k
2019 → 2025
Working capital
€2.15M▼ 26.7%
2024 · €2.94M
2019: €4.68M
2020: €5.05M
2021: €2.46M
2022: €2.19M
2023: €2.53M
2024: €2.94M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.26M-€2.26M▲ 0.1%€2.57M▲ 13.5%€2.97M▲ 15.4%€2.18M▼ 26.4%
Operating result€63k-€6k▼ 90.3%€391k▲ 6,303%€499k▲ 27.8%€913k▲ 82.9%
Net result€61k-€3k▼ 94.9%€307k▲ 9,602%€395k▲ 28.9%€716k▲ 81.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 83% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.08M
Fixed assets
€27k▼ 1.7%
Current assets
€4.05M▲ 30.2%
Equity and liabilities €4.08M
Equity
€2.18M▼ 26.4%
Debt
€1.90M▲ 988%
The debt ratio rises from 5.6% to 46.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€932k▲
2024 · €543k
Cash flow
€735k▲
2024 · €440k
Solvency
53.5%▼
2024 · 94.4%
Current ratio
2.14▼
2024 · 18.07
Quick ratio
2.04▼
2024 · 17.07
Debt / equity
0.87▲
2024 · 0.06
ROE
32.8%▲
2024 · 13.3%
ROA
17.5%▲
2024 · 12.6%
Interest coverage
238.06▲
2024 · 128.35
Debt
€1.90M▲
2024 · €174k
Debt ≤ 1 year
€1.90M▲
2024 · €172k
Income taxes
€193k▲
2024 · €99k
Staff costs
€577k▲
2024 · €567k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.14M€4.08M▲
Fixed assets21/28€28k€27k▼
Tangible fixed assets22/27€26k€25k▼
Plant, machinery and equipment23€24k€5k▼
Furniture and vehicles24-€18k
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€3.11M€4.05M▲
Amounts receivable after more than one year29€2.78M€2.83M▲
Other amounts receivable291€2.78M€2.83M▲
Stocks and contracts in progress3€173k€173k=
Stocks30/36€173k€173k=
Amounts receivable within one year40/41€17k€44k▲
Trade receivables40-€213
Other amounts receivable41€17k€44k▲
Cash at bank and in hand54/58€142k€1,000k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€3.14M€4.08M▲
Equity10/15€2.97M€2.18M▼
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€2.84M€2.06M▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€462k€858k▲
Distributable reserves133€2.37M€1.19M▼
Amounts payable17/49€174k€1.90M▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€172k€1.90M▲
Current portion of amounts payable after more than one year42€67k€40k▼
Trade debts44€51k€304k▲
Suppliers440/4€51k€304k▲
Taxes, remuneration and social security45€17k€12k▼
Remuneration and social security454/9€17k€12k▼
Other amounts payable47/48€37k€1.54M▲
Income statement
Code20242025
Remuneration, social security and pensions62€567k€577k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€19k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€1.11M€1.51M▲
Operating profit (loss)9901€499k€913k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€495k€909k▲
Income taxes67/77€99k€193k▲
Profit (loss) for the period9904€395k€716k▲
Transfer to tax-exempt reserves689€211k€396k▲
Profit (loss) for the period to be appropriated9905€185k€320k▲
Appropriation of the result
Profit (loss) to be appropriated9906€185k€320k▲
Transfer from equity791/2-€1.50M
Transfer to equity691/2€185k€320k▲
To other reserves6921€185k€320k▲
Profit to be distributed694/7-€1.50M
Return on contributions (dividend)694-€1.50M
Social balance
Average headcount (FTE)90877.47.6▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €716k ▲81%
Net result €716k, the highest in the series.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €3k ▼94.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Equity above €5MEq €5.20M ▲9.3%
2 profitable years in a row build equity to €5.20M.
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2024
FLECSA HOLDING
CurrentSole director · since 22-01-2024 · Public limited company
22-01-2024
FLECSA HOLDING: Appointed as Sole director
22-01-2024
HAVDRA Jiri: Resigned as Sole director
22-01-2024
VAN HULLE Bart: Resigned as Sole director
Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 1996
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.
Hoogeindeken(GW) 59170 Sint-Gillis-WaasGround area
3,288 m²
Building footprint
1,347 m²
Volume, LiDAR
10,530 m³
Parcel 46020E0545/00D002, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hoogeindeken(GW) 5, 9170 Sint-Gillis-Waas
since 19962.073.490.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020E0545/00D002 | Flanders | 3,288 m² | 1 · 1,347 m² | 10.0 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.
Similar companies · same sector, comparable size
BETRACO
BE 0448.268.474
Deinze · Eq €2.19M
Azelis EMEA HUB
BE 0762.678.732
Antwerpen · Eq €2.12M
ASHFIELD
BE 0453.211.516
Zaventem · Eq €2.26M
Kemexon Belgium
BE 0678.745.622
Sint-Gillis (bij-Brussel) · Eq €2.08M
SOD.DEL Benelux
BE 0452.318.027
Kontich · Eq €2.41M
Of 537 companies in sector 46120 we hold annual accounts for 297. 145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-09-1995
Fiscal year end30-06
Activities, NACEBEL
46120Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.