Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Eutraco from Roeselare, company number BE0405562641, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year Eutraco recorded revenue of € 103.7 million and equity of € 7 million. Compared with financial year 2024, the result moved from € -1.2 million to € -1.7 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 7 million
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 48 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2 million
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.5 million.
People and assets in 2025
306.7
▲ 13.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 22 million
▲ 9% vs 2024
€ 71,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 27.1 million
▲ 76% vs 2024
Of which on lease € 26.4 million.
Debts at end 2025
€ 24.2 million
▲ 37% vs 2024
€ 5.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 23.2 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 112 days on average.
€ 4.7 million
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 87,730,289 | € 86,048,490 | € 99,411,375 | € 103,746,811 | ▲ 4% |
| Profit after taxes | € 1,530,097 | € 744,012 | € -1,152,795 | € -1,708,880 | ▼ € 556,085 |
| Equity | € 9,151,849 | € 9,895,861 | € 8,743,066 | € 7,034,186 | ▼ 20% |
| Total debts | € 33,828,399 | € 50,978,247 | € 54,506,687 | € 56,541,933 | ▲ 4% |
| Cash | € 1,669,903 | € 11,007,678 | € 4,073,159 | € 1,978,964 | ▼ 51% |
| Land & buildings | € 37,298 | € 460,938 | € 673,622 | € 0 | ▼ 100% |
| Retained profit | € 8,631,085 | € 9,375,097 | € 8,222,302 | € 6,513,422 | ▼ 21% |
| Dividend | € 2,100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 12,862,334 | € 19,177,063 | € 17,681,856 | € 24,248,173 | ▲ 37% |
| Balance sheet total | € 43,555,729 | € 61,391,283 | € 63,663,663 | € 63,592,958 | |
| Employees (FTE) | 239.5 | 281.1 | 292.9 | 306.7 | ▲ 13.8 |
Key figures of Eutraco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Eutraco?
What happened at Eutraco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million. Source: NBB ↗
- Vero Nisu BV stepped down as director. NBB
- New establishment in Evergem. KBO
- Vero Nisu BV became a director. NBB
- New establishment in Roeselare. KBO
- Capital@PRO BV became a director. NBB
- New establishment in Hooglede. KBO
- New establishment in Roeselare. KBO
In short
From € 1.5 million profit in 2022 to € 1.7 million loss in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 2.1 million in dividends to the owners in total.
Management
The stake of EUTRACO Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EutracoBehind Eutraco is Capital@PRO BV. The shares are held by EUTRACO Holding (100%).
Directors
According to the 2025 annual accounts
Director · represented by Serge Gregoir
Also active at: Selas, EUTRACO Highbay I, DOXICOSI, EUTRACO Holding, BACK2BELGIUM, EUTRACO CUSTOMS
since 2025
since 2026 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg 35
8800 Roeselare
Grote Heimelinkstraat 67/69
9100 Sint-Niklaas
Active since 16 October 2016
Industriepark-West 63
9100 Sint-Niklaas
Active since 1 March 2019
Samberstraat 69 box A
2060 Antwerpen
Active since 1 January 2020
Victor Dumonlaan 14-18
2830 Willebroek
Active since 1 August 2020
Schoondonkweg 32
2830 Willebroek
Active since 1 December 2020
Pachtgoederen 2
9940 Evergem
Active since 3 January 2022
Schoondonkweg 10
2830 Willebroek
Active since 31 July 2024
Koning Leopoldlaan 5
2870 Puurs-Sint-Amands
Active since 10 May 2022
Ferdinand Magellaanstraat 6 box 13
9940 Evergem
Active since 24 February 2026
Ferdinand Magellaanstraat 6 box 9
9940 Evergem
Active since 1 March 2024
Krommebeekpark 1
8800 Roeselare
Active since 9 May 2025
Roger Deceuninckstraat 3
8830 Hooglede
Active since 21 May 2025
Onledegoedstraat 77
8800 Roeselare
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.562.641
- VAT number
- BE 0405.562.641
- Registered office
- Industrieweg 35, 8800 Roeselare
- Names & denominations
- Eutraco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 1967
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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