Active · per the CBE, 30 October 2026

EURESEARCH

BE0440580136

Rechtspersoon Public limited company 2 establishments

EURESEARCH is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 11 April 1990, 2 establishments.

Vichtestraat(O) 31 A, 8553 Zwevegem

Active for

36 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

EURESEARCH from Zwevegem, company number BE0440580136, closed financial year 2024 with a result of € 165,927 after tax. For that financial year EURESEARCH recorded a gross margin of € 3.3 million and equity of € -415,917. Compared with financial year 2023, the result moved from € -1.9 million to € 165,927. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2025.

What it is worth Caution

€ -415,917

▲ € 165,927 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 165,927

▲ still € 1.9 million loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 64,570

▲ € 64,503 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -1.2 million.

People and assets in 2024

Full-time equivalents

1.8

▼ 1.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 154,253

▼ 42% vs 2023

€ 85,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt ≈ 4 years to go

€ 1.1 million

▼ 51% vs 2023

€ 200,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 65,993

▼ 28% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 184,831

▲ 10% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 420,059 € 245,441 € 230,888 -
Gross margin - - - € 3,284,166
Profit after taxes € -65,144 € 4,233 € -1,921,062 € 165,927 ▲ € 2.1 million
Equity € 1,334,984 € 1,339,218 € -581,844 € -415,917 ▲ € 165,927
Total debts € 3,673,991 € 3,970,112 € 3,974,999 € 2,427,359 ▼ 39%
Cash € 3,284 € 3,022 € 67 € 64,570 ▲ € 64,503
Land & buildings € 1,954,441 € 1,900,733 € 1,847,025 € 624,585 ▼ 66%
Retained profit € 539,984 € 544,218 € -1,376,844 € -1,210,917 ▲ € 165,927
Bank debt € 1,312,590 € 1,617,342 € 2,175,079 € 1,061,144 ▼ 51%
Balance sheet total € 5,223,194 € 5,521,845 € 3,393,155 € 2,061,308 ▼ 39%
Employees (FTE) 3.6 3 3 1.8 ▼ 1.2

Key figures of EURESEARCH, 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 EURESEARCH?

What happened at EURESEARCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • PB International BV BV stepped down as director. NBB
  • New annual accounts for financial year 2024: profit of € 165,927. Source: NBB ↗
  • Martine Bruggeman stepped down as director. NBB
  • Martine Bruggeman became a director. NBB
  • PB International BV BV became a director. NBB
  • New establishment in Zwevegem. KBO
  • New establishment in Deerlijk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 65,144 loss in 2021 to € 165,927 profit in 2024.

Paid € 171,254 in corporate taxes since 2021.

Best year ever: 2024, with € 165,927 profit.

On average € 1.8 million of value added per employee in 2024.

Management

Philip Bruggeman
Martine Bruggeman
EURESEARCH

The shares are held by Philip Bruggeman and Martine Bruggeman.

Directors

According to the 2024 annual accounts

Martine Bruggeman

Director

Is a shareholder

Also active at: Cositex

since 2020 · until 2025

PB International BV BV

Managing director · represented by Bruggeman PHILIP

Also active at: Cositex, WEVERIJ KONFEKTIE BRUGGEMAN

since 2020 · until 2025

Shareholders

Philip Bruggeman

Martine Bruggeman · director

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vichtestraat(O) 31 A

8553 Zwevegem

2.049.886.053

Pladijsstraat 2

8540 Deerlijk

Active since 18 October 1990

2.231.785.502

Vichtestraat(O) 31A

8553 Zwevegem

Active since 1 January 2014

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
0440.580.136
VAT number
BE 0440.580.136
Registered office
Vichtestraat(O) 31 A, 8553 Zwevegem
Names & denominations
EURESEARCH
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
11 April 1990
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige zakelijke dienstverlening, n.e.g.

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige zakelijke dienstverlening, neg

Frequently asked questions

What does EURESEARCH do?
EURESEARCH is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 11 April 1990, 2 establishments.
What is the address of EURESEARCH?
The registered office of EURESEARCH is located at Vichtestraat(O) 31 A, 8553 Zwevegem.
Is EURESEARCH still active?
Yes. According to the CBE (30 October 2026) EURESEARCH is active, legal situation “Normale toestand”, started on 11 April 1990.
Is EURESEARCH registered on Peppol?
Yes, EURESEARCH is registered on the Peppol network with ID 0208:0440580136.
What is the enterprise number of EURESEARCH?
The enterprise number of EURESEARCH is BE0440580136.
When was EURESEARCH founded?
EURESEARCH was founded on 11 April 1990.