Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EUCLIDES from Ninove, company number BE0426288472, closed financial year 2025 with a result of € -22,623 after tax. For that financial year EUCLIDES recorded a gross margin of € 76,546 and equity of € 68,700. Compared with financial year 2024, the result moved from € 34,352 to € -22,623. 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 September 29, 2026.
€ 68,700
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,623
▼ still € 34,352 profit in 2024
Profit after tax over the fiscal year.
€ 21,338
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 50,100.
Debts at end 2025
€ 260,058
▲ € 221,803 vs 2024
€ 17,147 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 9,026
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,765
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,619 | € 57,975 | € 82,150 | € 76,546 | ▼ 7% |
| Profit after taxes | € 18,220 | € 20,818 | € 34,352 | € -22,623 | ▼ € 56,975 |
| Equity | € 36,152 | € 56,970 | € 91,322 | € 68,700 | ▼ 25% |
| Total debts | € 228,781 | € 170,203 | € 179,616 | € 472,589 | ▲ 163% |
| Cash | € 62,389 | € 35,010 | € 84,096 | € 21,338 | ▼ 75% |
| Land & buildings | - | - | - | € 339,708 | |
| Retained profit | € 17,552 | € 38,370 | € 72,722 | € 50,100 | ▼ 31% |
| Bank debt | € 98,410 | € 68,493 | € 38,255 | € 260,058 | ▲ € 221,803 |
| Balance sheet total | € 264,933 | € 227,173 | € 270,938 | € 541,289 | ▲ 100% |
Key figures of EUCLIDES, 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 EUCLIDES?
What happened at EUCLIDES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,623 (▼ € 56,975 vs 2024). filed late Source: NBB ↗
- Katrien Cooreman became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,220 profit in 2022 to € 22,623 loss in 2025.
Paid € 31,211 in corporate taxes since 2022.
Best year ever: 2024, with € 34,352 profit.
Management
Behind EUCLIDES is Katrien Cooreman. Katrien Cooreman is also behind WANDELAAR INVEST and LOGTHING.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Echel 86
9401 Ninove
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
- 0426.288.472
- VAT number
- BE 0426.288.472
- Registered office
- Echel 86, 9401 Ninove
- Names & denominations
- EUCLIDES · LOGTHING ADVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1984
- Peppol
- Active · Active since 18 Dec 2024
- Activities · NACE
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