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 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EUROPEENNE D'ETUDES ECONOMIQUES ET D'INVESTISSEMENTS IMMOBILIERS from Elsene, company number BE0430623976, closed financial year 2025 with a result of € 17,044 after tax. For that financial year EUROPEENNE D'ETUDES ECONOMIQUES ET D'INVESTISSEMENTS IMMOBILIERS recorded a gross margin of € 164,828 and equity of € 17,212. Compared with financial year 2024, the result moved from € 22,110 to € 17,044. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 17,212
▲ € 17,044 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,044
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 28,631
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -44,788.
Debts at end 2025
€ 1.1 million
▼ 7% vs 2024
€ 83,924 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1,360
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,532
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,888 | € 127,985 | € 169,489 | € 164,828 | ▼ 3% |
| Profit after taxes | € -17,445 | € -14,719 | € 22,110 | € 17,044 | ▼ 23% |
| Equity | € -7,223 | € -21,942 | € 168 | € 17,212 | ▲ € 17,044 |
| Total debts | € 1,748,138 | € 1,688,179 | € 1,616,600 | € 1,526,319 | ▼ 6% |
| Cash | € 13,678 | € 7,257 | € 25,920 | € 28,631 | ▲ 10% |
| Land & buildings | € 1,725,664 | € 1,657,880 | € 1,589,620 | € 1,511,878 | ▼ 5% |
| Retained profit | € -69,223 | € -83,942 | € -61,832 | € -44,788 | ▲ € 17,044 |
| Bank debt | € 1,332,351 | € 1,252,757 | € 1,171,802 | € 1,089,348 | ▼ 7% |
| Balance sheet total | € 1,740,915 | € 1,666,237 | € 1,616,768 | € 1,543,531 | ▼ 5% |
Key figures of EUROPEENNE D'ETUDES ECONOMIQUES ET D'INVESTISSEMENTS IMMOBILIERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to EUROPEENNE D'ETUDES ECONOMIQUES ET D'INVESTISSEMENTS IMMOBILIERS?
What happened at EUROPEENNE D'ETUDES ECONOMIQUES ET D'INVESTISSEMENTS IMMOBILIERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frédéric HESBEEN stepped down as director. NBB
- Bernard HESBEEN stepped down as director. NBB
- ELLIOTT HESBEEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 17,044 (▼ 23% vs 2024). Source: NBB ↗
- Frédéric HESBEEN became a director. NBB
- Bernard HESBEEN became a director. NBB
- ELLIOTT HESBEEN became a director. NBB
- New establishment in Sint-Genesius-Rode. KBO
In short
From € 17,445 loss in 2022 to € 17,044 profit in 2025.
Best year ever: 2024, with € 22,110 profit.
Management
Directors
According to the 2025 annual accounts
Frédéric HESBEEN
Director
since 2023 · until 2029
Bernard HESBEEN
Managing director
Also active at: V.D.R. MOTOR, IMMO MULTI SERVICES, BE HOME, IMMO LAU J
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Napelsstraat 8
1050 Elsene
Generaal Eisenhowerlaan 59
1030 Schaarbeek
Active since 28 September 1987
Zevenbronnen 1
1640 Sint-Genesius-Rode
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0430.623.976
- VAT number
- BE 0430.623.976
- Registered office
- Napelsstraat 8, 1050 Elsene
- Names & denominations
- EUROPEENNE D'ETUDES ECONOMIQUES ET D'INVESTISSEMENTS IMMOBILIERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 1987
- Peppol
- Active · Active since 17 Nov 2025