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 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 22.5 to 17.3.
Financials
Financial year 2025
EUROCOATING from Ninove, company number BE0443062346, closed financial year 2025 with a result of € -214,246 after tax. For that financial year EUROCOATING recorded a gross margin of € 1 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -130,801 to € -214,246. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.
€ 1.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -214,246
▼ 64 % more loss than in 2024
Profit after tax over the fiscal year.
€ 971,659
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
People and assets in 2025
17.3
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 4% vs 2024
€ 59,400 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.
€ 24,439
▲ 166% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 156,159
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,230
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,691,316 | € 1,480,604 | € 1,154,855 | € 1,032,192 | ▼ 11% |
| Profit after taxes | € 45,411 | € 39,977 | € -130,801 | € -214,246 | ▼ € 83,444 |
| Equity | € 2,224,263 | € 2,264,241 | € 2,133,439 | € 1,919,193 | ▼ 10% |
| Total debts | € 543,063 | € 291,635 | € 242,486 | € 295,527 | ▲ 22% |
| Cash | € 1,110,436 | € 1,262,095 | € 1,204,593 | € 971,659 | ▼ 19% |
| Land & buildings | € 273,849 | € 264,422 | € 271,674 | € 269,519 | ▼ 1% |
| Retained profit | € 1,579,263 | € 1,619,241 | € 1,488,439 | € 1,274,193 | ▼ 14% |
| Balance sheet total | € 2,780,260 | € 2,628,781 | € 2,435,897 | € 2,269,672 | ▼ 7% |
| Employees (FTE) | 24.5 | 22.5 | 19.3 | 17.3 | ▼ 2 |
Key figures of EUROCOATING, 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 EUROCOATING?
What happened at EUROCOATING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Buildspirit stepped down as director. NBB
- Casomatic BV stepped down as director. NBB
- Baroel BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 214,246. Source: NBB ↗
- Buildspirit became a director. NBB
- Casomatic BV became a director. NBB
- Baroel BV became a director. NBB
- New establishment in Ninove. KBO
In short
From € 45,411 profit in 2022 to € 214,246 loss in 2025.
Paid € 45,616 in corporate taxes since 2022.
Best year ever: 2022, with € 45,411 profit.
On average € 59,700 of value added per employee in 2025.
Management
The stake of VAN BEVEREN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUROCOATINGThe shares are held by VAN BEVEREN (97.6%).
Directors
According to the 2025 annual accounts
Director · represented by Linda MERTENS
since 2023 · until 2029
Managing director · represented by Chris PAUWELS
since 2023 · until 2029
since 2023 · until 2029
Shareholders
97.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapittelstraat(App) 121
9400 Ninove
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
Microsoft 365
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Details
- Company number
- 0443.062.346
- VAT number
- BE 0443.062.346
- Registered office
- Kapittelstraat(App) 121, 9400 Ninove
- Names & denominations
- EUROCOATING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1991
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- eurocoating.be
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Overige bouwinstallatie
Oppervlaktebehandeling van metalen
Overige bouwinstallatie, n.e.g.