Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4 to 3.
Financials
Financial year 2025
Euro-Tapis from Waregem, company number BE0407127212, closed financial year 2025 with a result of € -1.6 million after tax. For that financial year Euro-Tapis recorded a gross margin of € 205,192 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 398,774 to € -1.6 million. The company made a loss. The buffer shrank hard: equity is 68 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 2.2 million
▼ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ still € 398,774 profit in 2024
Profit after tax over the fiscal year.
€ 635,906
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.8 million.
People and assets in 2025
3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 368,668
▲ 7% vs 2024
€ 122,900 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.
€ 73,523
▼ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 866,239
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 1.7 million
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,334
▲ 3% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,404,571 | € 1,144,004 | € 901,155 | € 205,192 | ▼ 77% |
| Profit after taxes | € 740,889 | € 467,983 | € 398,774 | € -1,619,599 | ▼ € 2 million |
| Equity | € 5,894,450 | € 6,362,433 | € 6,761,207 | € 2,152,480 | ▼ 68% |
| Total debts | € 3,802,461 | € 3,720,507 | € 3,725,382 | € 2,693,550 | ▼ 28% |
| Cash | € 2,297,810 | € 2,211,988 | € 2,592,636 | € 635,906 | ▼ 75% |
| Land & buildings | € 1,486,873 | € 1,485,916 | € 1,485,916 | € 0 | ▼ 100% |
| Retained profit | € -4,041,845 | € -3,573,862 | € -3,175,088 | € -3,827,319 | ▼ € 652,231 |
| Bank debt | € 1,046,239 | € 986,239 | € 926,239 | € 866,239 | ▼ 6% |
| Balance sheet total | € 9,696,911 | € 10,082,940 | € 10,486,588 | € 4,846,030 | ▼ 54% |
| Employees (FTE) | 4 | 4 | 3.1 | 3 | ▼ 0.1 |
Key figures of Euro-Tapis, 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 Euro-Tapis?
What happened at Euro-Tapis in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.6 million (▼ € 2 million vs 2024). Source: NBB ↗
- MIANGA BV became a director. NBB
- LOPHICO BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 740,889 profit in 2022 to € 1.6 million loss in 2025.
Paid € 3,941 in corporate taxes since 2022.
Best year ever: 2022, with € 740,889 profit.
On average € 68,400 of value added per employee in 2025.
Management
Behind Euro-Tapis are MIANGA BV and LOPHICO BV. The same people are also behind VERCAI RUGS.
Directors
According to the 2025 annual accounts
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Courtensstraat 1
8791 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
eurotapis.com
Registered
2008-11-26
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-11-26
Website info
Features
Security
Details
- Company number
- 0407.127.212
- VAT number
- BE 0407.127.212
- Registered office
- Courtensstraat 1, 8791 Waregem
- Names & denominations
- Euro-Tapis
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1970
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- eurotapis.com
- Activities · NACE
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