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 206.1 to 184.3.
Financials
Financial year 2025
Euro - Locks S.A. from Bastogne, company number BE0411630584, closed financial year 2025 with a result of € -145,743 after tax. For that financial year Euro - Locks S.A. recorded revenue of € 23.4 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 383,256 to € -145,743. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 6.2 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -145,743
▼ still € 383,256 profit in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 288% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.9 million.
People and assets in 2025
184.3
▼ 8.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.8 million
▼ 1% vs 2024
€ 53,000 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.
€ 207,464
▼ 37% vs 2024
Of which on lease € 103,168.
Debts at end 2025
€ 6.3 million
▲ 73% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.6 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 1.5 million
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 34,194,779 | € 23,098,900 | € 24,273,416 | € 23,359,283 | ▼ 4% |
| Profit after taxes | € 1,619,987 | € -355,920 | € 383,256 | € -145,743 | ▼ € 528,999 |
| Equity | € 7,580,076 | € 6,809,786 | € 6,194,282 | € 6,152,647 | ▼ 1% |
| Total debts | € 12,240,890 | € 9,766,875 | € 8,141,922 | € 9,658,310 | ▲ 19% |
| Cash | € 1,352,275 | € 1,858,582 | € 324,999 | € 1,262,327 | ▲ 288% |
| Land & buildings | € 195,514 | € 215,885 | € 211,880 | € 201,221 | ▼ 5% |
| Retained profit | € 7,427,576 | € 6,657,536 | € 6,042,032 | € 5,896,289 | ▼ 2% |
| Dividend | € 3,349,500 | € 414,120 | € 998,760 | € 0 | ▼ 100% |
| Bank debt | € 2,256,972 | € 3,257,602 | € 3,674,034 | € 6,340,918 | ▲ 73% |
| Balance sheet total | € 19,904,668 | € 16,767,715 | € 14,513,232 | € 16,235,134 | ▲ 12% |
| Employees (FTE) | 226.8 | 206.1 | 192.8 | 184.3 | ▼ 8.5 |
Key figures of Euro - Locks S.A., 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 - Locks S.A.?
What happened at Euro - Locks S.A. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joannes VAN OSTA stepped down as director. NBB
- Giles Stewart BIRT stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 145,743 (▼ € 528,999 vs 2024). Source: NBB ↗
- Harry Hugh TREVOR-JONES stepped down as director. NBB
- Joannes VAN OSTA became a director. NBB
- Giles Stewart BIRT became a director. NBB
- Harry Hugh TREVOR-JONES became a director. NBB
- New establishment in Bastogne. KBO
In short
From € 1.6 million profit in 2022 to € 145,743 loss in 2025.
Paid € 13,902 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Paid out € 4.8 million in dividends to the owners in total.
Management
It owns 100% of GMBH EURO-LOCKS SIGHEREITS and 99.9% of SA EURO LOCKS itself.
Directors
According to the 2025 annual accounts
Harry Hugh TREVOR-JONES
Director
since 2023 · until 2026
Joannes VAN OSTA
Managing director
since 2024 · until 2027
Giles Stewart BIRT
Chairman of the board
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue de la Fontaine 8
6600 Bastogne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.630.584
- VAT number
- BE 0411.630.584
- Registered office
- Rue de la Fontaine 8, 6600 Bastogne
- Names & denominations
- Euro - Locks S.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1971
- Peppol
- Active · Active since 11 Apr 2022
- Activities · NACE
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