Financials
Financial year 2025
EUROCIRCUITS from Mechelen, company number BE0444188140, closed financial year 2025 with a result of € 5.4 million after tax. For that financial year EUROCIRCUITS recorded revenue of € 41.4 million and equity of € 20.1 million. Compared with financial year 2024, the result moved from € 4.6 million to € 5.4 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 20.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.4 million
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 7.7 million
▲ 101% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4 million paid out
74 % of the profit went to the shareholders, mostly to S.M.A. (50 % of the shares). That is where the money ends up.
People and assets in 2025
8.3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 729,522
▲ 6% vs 2024
€ 87,900 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.
€ 38,398
▲ 4% 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.
€ 3.7 million
▲ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 258,593
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,395,841 | € 30,796,522 | € 34,746,665 | € 41,418,254 | ▲ 19% |
| Profit after taxes | € 5,781,078 | € 1,499,330 | € 4,570,987 | € 5,429,180 | ▲ 19% |
| Equity | € 20,602,085 | € 20,101,415 | € 18,672,402 | € 20,101,582 | ▲ 8% |
| Total debts | € 1,323,664 | € 1,161,253 | € 2,398,470 | € 4,321,497 | ▲ 80% |
| Cash | € 5,195,320 | € 2,849,128 | € 3,818,798 | € 7,686,078 | ▲ 101% |
| Land & buildings | € 354,011 | € 378,581 | € 353,580 | € 346,882 | ▼ 2% |
| Retained profit | € 18,742,985 | € 18,242,315 | € 16,813,302 | € 18,242,482 | ▲ 9% |
| Dividend | € 2,000,000 | € 2,000,000 | € 6,000,000 | € 4,000,000 | ▼ 33% |
| Balance sheet total | € 22,050,090 | € 21,413,713 | € 21,243,388 | € 24,629,505 | ▲ 16% |
| Employees (FTE) | 9.2 | 8.1 | 8.2 | 8.3 | ▲ 0.1 |
Key figures of EUROCIRCUITS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EUROCIRCUITS?
What happened at EUROCIRCUITS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Stans stepped down as director. NBB
- Luc Smets stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.4 million (▲ 19% vs 2024). Source: NBB ↗
- Dirk Stans became a director. NBB
- Luc Smets became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.8 million profit in 2022 to € 5.4 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.8 million profit.
Paid out € 14 million in dividends to the owners in total.
Management
The stake of S.M.A., SZIVARVANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUROCIRCUITSThe shares are held by S.M.A. (50%) and SZIVARVANY (50%). It owns 100% of Eurocircuits (United-Kingdom) Ltd, 100% of Eurocircuits SARL, 100% of Eurocircuits GMBH, 100% of Eurocircuits KFT, 100% of Eurocircuits sarl and 100% of PCB Planet itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Shareholders
50%
50%
Participations
Eurocircuits (United-Kingdom) Ltd
100%
Eurocircuits SARL
100%
Eurocircuits GMBH
100%
Eurocircuits KFT
100%
Eurocircuits sarl
100%
PCB Planet
100%
Eurocircuits India Ltd
84%
Circuit Systems
16%
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 66
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0444.188.140
- VAT number
- BE 0444.188.140
- Registered office
- Antwerpsesteenweg 66, 2800 Mechelen
- Names & denominations
- EUROCIRCUITS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1991
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in informatie- en communicatieapparatuur
Vervaardiging van elektronische printplaten
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan