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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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.3 to 1.8.
Financials
Financial year 2025
EURO-CRUISE from Hoogstraten, company number BE0444855064, closed financial year 2025 with a result of € 46,385 after tax. For that financial year EURO-CRUISE recorded a gross margin of € 349,761 and equity of € 563,741. Compared with financial year 2024, the result moved from € 42,641 to € 46,385. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 563,741
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,385
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 23,988
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 302,291.
People and assets in 2025
1.8
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 119,009
▼ 20% vs 2024
€ 66,100 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.
€ 581
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 453,587
▼ 43% vs 2024
€ 84,752 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 36,514
▲ 190% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,263
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 388,197 | € 375,796 | € 380,491 | € 349,761 | ▼ 8% |
| Profit after taxes | € 2,489 | € 14,061 | € 42,641 | € 46,385 | ▲ 9% |
| Equity | € 460,654 | € 474,715 | € 517,356 | € 563,741 | ▲ 9% |
| Total debts | € 2,050,296 | € 1,961,094 | € 1,741,343 | € 1,437,752 | ▼ 17% |
| Cash | € 599,799 | € 14,705 | € 184,767 | € 23,988 | ▼ 87% |
| Land & buildings | € 1,606,883 | € 1,588,729 | € 1,581,522 | € 1,520,772 | ▼ 4% |
| Retained profit | € 199,204 | € 213,265 | € 255,906 | € 302,291 | ▲ 18% |
| Bank debt | € 1,992,293 | € 1,865,671 | € 790,018 | € 453,587 | ▼ 43% |
| Balance sheet total | € 2,510,950 | € 2,435,809 | € 2,258,699 | € 2,001,493 | ▼ 11% |
| Employees (FTE) | 3.6 | 3.3 | 2.7 | 1.8 | ▼ 0.9 |
Key figures of EURO-CRUISE, 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 EURO-CRUISE?
What happened at EURO-CRUISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,385 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,489 profit in 2022 to € 46,385 profit in 2025.
Paid € 46,106 in corporate taxes since 2022.
Best year ever: 2025, with € 46,385 profit.
On average € 194,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Scylla Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EURO-CRUISEBehind EURO-CRUISE are ARNO REITSMA and ROBERT REITSMA. The shares are held by Scylla Holding (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselstraat 37
2321 Hoogstraten
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0444.855.064
- VAT number
- BE 0444.855.064
- Registered office
- Brusselstraat 37, 2321 Hoogstraten
- Names & denominations
- EURO-CRUISE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 1991
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
Goederenvervoer over zee- en kustwateren
Zee- en kustvaart
Diensten in verband met vervoer over water
Logistieke diensten
Overige vervoerondersteunende activiteiten