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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
EUMACO from Gent, company number BE0427903820, closed financial year 2023 with a result of € 3.3 million after tax. Compared with financial year 2021, the result moved from € 2.3 million to € 3.3 million. Profitable, and profit is growing. 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 April 9, 2024.
€ 6.2 million
▼ 3% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▲ 45% vs 2021
Profit after tax over the fiscal year.
€ 6,360
▼ € 2.4 million vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 5.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 1,977
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2023 | Change 2021 → 2023 | |
|---|---|---|---|
| Profit after taxes | € 2,273,567 | € 3,295,862 | ▲ 45% |
| Equity | € 6,365,137 | € 6,205,839 | ▼ 3% |
| Total debts | € 2,200,000 | € 3,305,567 | ▲ 50% |
| Cash | € 2,361,755 | € 6,360 | ▼ € 2.4 million |
| Retained profit | € 6,269,789 | € 6,110,491 | ▼ 3% |
| Dividend | € 2,200,000 | € 5,182,231 | ▲ 136% |
| Balance sheet total | € 8,565,137 | € 9,511,406 | ▲ 11% |
Key figures of EUMACO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to EUMACO?
What happened at EUMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 3.3 million (▲ 45% vs 2021). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.3 million profit in 2021 to € 3.3 million profit in 2023.
Paid € 3,469 in corporate taxes since 2021.
Best year ever: 2023, with € 3.3 million profit.
Paid out € 7.4 million in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg 417
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0427.903.820
- VAT number
- BE 0427.903.820
- Registered office
- Ottergemsesteenweg 417, 9000 Gent
- Names & denominations
- EUMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1985
- Peppol
- Active · Active since 20 Nov 2020