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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
EUROSOL from Walcourt, company number BE0442604961, closed financial year 2024 with a result of € -26,423 after tax. For that financial year EUROSOL recorded a gross margin of € 142,825 and equity of € 235,684. Compared with financial year 2023, the result moved from € -11,157 to € -26,423. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 235,684
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,423
▼ 137 % more loss than in 2023
Profit after tax over the fiscal year.
€ 21,890
▲ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,670.
People and assets in 2024
€ 39,146
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.6 million
▼ 1% vs 2023
€ 22,747 is repaid this year. At this pace the long-term loan is gone in ≈ 70 years.
€ 6,304
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 110,047 | € 164,082 | € 165,752 | € 142,825 | ▼ 14% |
| Profit after taxes | € -22,955 | € 2,862 | € -11,157 | € -26,423 | ▼ € 15,265 |
| Equity | € 270,403 | € 273,265 | € 262,107 | € 235,684 | ▼ 10% |
| Total debts | € 1,797,398 | € 1,780,604 | € 1,720,738 | € 2,020,556 | ▲ 17% |
| Cash | € 20,776 | € 26,672 | € 19,513 | € 21,890 | ▲ 12% |
| Land & buildings | € 1,957,963 | € 1,894,369 | € 1,854,364 | € 2,129,915 | ▲ 15% |
| Retained profit | € -14,952 | € -12,090 | € -23,247 | € -49,670 | ▼ € 26,423 |
| Bank debt | € 1,649,797 | € 1,630,230 | € 1,610,191 | € 1,589,668 | ▼ 1% |
| Balance sheet total | € 2,067,801 | € 2,053,869 | € 1,982,846 | € 2,256,240 | ▲ 14% |
Key figures of EUROSOL, 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 EUROSOL?
What happened at EUROSOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HUGUES VANDENBOSCH stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 26,423. filed late Source: NBB ↗
- HUGUES VANDENBOSCH became a director. NBB
- New establishment in Walcourt. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,955 loss in 2021 to € 26,423 loss in 2024.
Best year ever: 2022, with € 2,862 profit.
Management
Directors
According to the 2024 annual accounts
HUGUES VANDENBOSCH
Managing director
Also active at: JV HOLDING, BHE Groupe, BUREAU HYPOTHECAIRE EUROPEEN
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue des Marchaîs(Som) 18
5651 Walcourt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.604.961
- VAT number
- BE 0442.604.961
- Registered office
- Rue des Marchaîs(Som) 18, 5651 Walcourt
- Names & denominations
- EUROSOL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1990
- Peppol
- Not registered
- Activities · NACE
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen