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 7 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
EURO-CHEMICALS from Wortegem-Petegem, company number BE0435797541, closed financial year 2024 with a result of € 1,268 after tax. For that financial year EURO-CHEMICALS recorded revenue of € 70,355 and equity of € 29,182. Compared with financial year 2023, the result moved from € 1,738 to € 1,268. 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 April 19, 2025.
€ 29,182
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,268
▼ 27% vs 2023
Profit after tax over the fiscal year.
€ 1,297
▲ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1,805.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 65,197
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 61,619 | € 61,545 | € 70,355 | ▲ 14% |
| Gross margin | € 28,968 | € 35,203 | € 40,463 | ▲ 15% |
| Profit after taxes | € -1,670 | € 1,738 | € 1,268 | ▼ 27% |
| Equity | € 26,176 | € 27,914 | € 29,182 | ▲ 5% |
| Total debts | € 442,430 | € 464,298 | € 485,526 | ▲ 5% |
| Cash | € 959 | € 1,236 | € 1,297 | ▲ 5% |
| Retained profit | € -4,811 | € -3,073 | € -1,805 | ▲ € 1,268 |
| Balance sheet total | € 468,606 | € 492,212 | € 514,708 | ▲ 5% |
Key figures of EURO-CHEMICALS, fiscal years 2022 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 30 April 2026.
What happened to EURO-CHEMICALS?
What happened at EURO-CHEMICALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
EURO-CHEMICALS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 1,268 (▼ 27% vs 2023). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,670 loss in 2022 to € 1,268 profit in 2024.
Best year ever: 2023, with € 1,738 profit.
Establishments
Establishment units
Physical locations of this company
St. Martinusstraat (P.) 54
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.797.541
- VAT number
- BE 0435.797.541
- Registered office
- St. Martinusstraat (P.) 54, 9790 Wortegem-Petegem
- Names & denominations
- EURO-CHEMICALS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 21 November 1988
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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