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 2023 and 2024.
Financials
Financial year 2024
EUROPHOUSE from Chaudfontaine, company number BE0427294502, closed financial year 2024 with a result of € -22,498 after tax. For that financial year EUROPHOUSE recorded a gross margin of € -13,312 and equity of € 39,888. Compared with financial year 2023, the result moved from € -7,473 to € -22,498. 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 August 8, 2025.
€ 39,888
▼ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,498
▼ 201 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,112.
People and assets in 2024
€ 11,733
▼ 33% vs 2023
Of which on lease € 11,733.
Debts at end 2024
€ 14,006
▼ 22% vs 2023
€ 5,358 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6,601
▲ 57% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 23,963 | € 17,589 | € 634 | € -13,312 | ▼ € 13,945 |
| Profit after taxes | € 19,960 | € 11,027 | € -7,473 | € -22,498 | ▼ € 15,025 |
| Equity | € 59,640 | € 69,859 | € 62,387 | € 39,888 | ▼ 36% |
| Total debts | € 5,760 | € 30,114 | € 22,379 | € 20,607 | ▼ 8% |
| Cash | € 20,667 | € 23,968 | € 15,898 | - | |
| Retained profit | € -2,360 | € 7,859 | € 387 | € -22,112 | ▼ € 22,498 |
| Dividend | € 0 | € 808 | € 0 | € 0 | |
| Bank debt | € 0 | € 23,117 | € 17,922 | € 14,006 | ▼ 22% |
| Balance sheet total | € 65,400 | € 99,974 | € 84,765 | € 60,495 | ▼ 29% |
Key figures of EUROPHOUSE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to EUROPHOUSE?
What happened at EUROPHOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 22,498. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Chaudfontaine. KBO
In short
From € 19,960 profit in 2021 to € 22,498 loss in 2024.
Best year ever: 2021, with € 19,960 profit.
Paid out € 808 in dividends to the owners in total.
Management
Behind EUROPHOUSE are ABDEL HAGNI SAYAD and ABDELLATIF SAYAD.
Directors
According to the 2024 annual accounts
ABDEL HAGNI SAYAD
Director
ABDELLATIF SAYAD
Managing director
Establishments
Establishment units
Physical locations of this company
Rue Albert Bataille 6
4053 Chaudfontaine
Rue Albert Bataille 4
4053 Chaudfontaine
Active since 1 April 1985
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.294.502
- VAT number
- BE 0427.294.502
- Registered office
- Rue Albert Bataille 6, 4053 Chaudfontaine
- Names & denominations
- EUROPHOUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1985
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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