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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.1 to 7.9.
Financials
Financial year 2025
EUROPLASMA from Oudenaarde, company number BE0442377210, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year EUROPLASMA recorded a gross margin of € 347,004 and equity of € -3.4 million. Compared with financial year 2024, the result moved from € -2.2 million to € -1.5 million. The company made a loss. 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 April 24, 2026.
€ -3.4 million
▼ € 1.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 470,593
▲ € 356,520 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.7 million.
People and assets in 2025
7.9
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 4% vs 2024
€ 139,600 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.
€ 16,834
▼ 61% vs 2024
Of which on lease € 9,978.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 513,380
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 136,713
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 213,645 | € 290,499 | € 54,117 | € 347,004 | ▲ € 292,887 |
| Profit after taxes | € -2,054,956 | € -188,498 | € -2,195,653 | € -1,538,456 | ▲ € 657,198 |
| Equity | € -970,378 | € -91,398 | € -1,837,051 | € -3,375,507 | ▼ € 1.5 million |
| Total debts | € 6,196,787 | € 4,252,896 | € 4,355,689 | € 6,257,850 | ▲ 44% |
| Cash | € 186,879 | € 416,823 | € 114,072 | € 470,593 | ▲ € 356,520 |
| Land & buildings | € 1,160,353 | € 0 | - | - | |
| Retained profit | € -4,114,870 | € -553,368 | € -2,195,653 | € -3,734,109 | ▼ € 1.5 million |
| Bank debt | € 2,069,704 | € 106,638 | € 11,755 | € 0 | ▼ 100% |
| Balance sheet total | € 5,226,409 | € 4,161,498 | € 2,518,638 | € 2,882,343 | ▲ 14% |
| Employees (FTE) | - | 9.1 | 8.9 | 7.9 | ▼ 1 |
Key figures of EUROPLASMA, 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 April 2027.
What happened to EUROPLASMA?
What happened at EUROPLASMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas Vandencasteele stepped down as director. NBB
- Johan Volckaerts stepped down as director. NBB
- HAJALO GCV stepped down as director. NBB
- Filip Legein stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
- Nicolas Vandencasteele became a director. NBB
- Johan Volckaerts became a director. NBB
- Filip Legein became a director. NBB
In short
From € 2.1 million loss in 2022 to € 1.5 million loss in 2025.
Paid € 11,921 in corporate taxes since 2022.
On average € 43,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Nicolas Vandencasteele
Director
since 2025 · until 2030
since 2024 · until 2030
Filip Legein
Director
since 2024 · until 2026
Director · represented by Beulens Tim
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Industriepark "De Bruwaan" 15
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0442.377.210
- VAT number
- BE 0442.377.210
- Registered office
- Industriepark "De Bruwaan" 15, 9700 Oudenaarde
- Names & denominations
- EUROPLASMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1990
- Peppol
- Active · Active since 20 Nov 2025
- Contact
- europlasma.be
- Activities · NACE
Groothandel in machines voor de textielindustrie en in naai- en breimachines