Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EUREC from Elsene, company number BE0445100930, closed financial year 2025 with a result of € 83,607 after tax. For that financial year EUREC recorded a gross margin of € 699,336 and equity of € 0. Compared with financial year 2024, the result moved from € 60,962 to € 83,607. Profitable, and profit is growing. 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 August 27, 2026.
€ 0
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 83,607
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 44,361
▼ 66% 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 € 0.
People and assets in 2025
€ 623,300
▲ 13% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,377
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 211
▼ 91% vs 2024
Loans from banks and other lenders, long and short.
€ 55,988
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 108,399
▲ 20% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 539,935 | € 574,673 | € 613,980 | € 699,336 | ▲ 14% |
| Profit after taxes | € 44,097 | € 36,114 | € 60,962 | € 83,607 | ▲ 37% |
| Total debts | € 2,148,752 | € 1,820,079 | € 2,089,220 | € 2,594,181 | ▲ 24% |
| Cash | € 1,341,763 | € 292,878 | € 129,741 | € 44,361 | ▼ 66% |
| Bank debt | € 2,898 | € 1,531 | € 2,476 | € 211 | ▼ 91% |
| Balance sheet total | € 2,148,752 | € 1,820,079 | € 2,089,220 | € 2,594,181 | ▲ 24% |
Key figures of EUREC, 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 EUREC?
What happened at EUREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wolfram SPARBER stepped down as director. NBB
- Tara ESTERL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 83,607 (▲ 37% vs 2024). filed late Source: NBB ↗
- Wolfram SPARBER became a director. NBB
- Tara ESTERL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,097 profit in 2022 to € 83,607 profit in 2025.
Best year ever: 2025, with € 83,607 profit.
A new publication or filing at EUREC? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Wolfram SPARBER
Chairman of the board
since 2024 · until 2026
Tara ESTERL
Vice-chairman of the board
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Marsveldplein 2
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Société Minétain
Compagnie Financière internationale pour le Commerce et l'Agriculture
Société Financière Européenne-Banco
Société Centrale de Gestion
€ 3.6 million gross margin · 2025
Immobilière de la Pépinière
€ 348,130 gross margin · 2025
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.100.930
- VAT number
- BE 0445.100.930
- Registered office
- Marsveldplein 2, 1050 Elsene
- Names & denominations
- EUREC
- Enterprise type
- Rechtspersoon
- Legal form
- Europees economisch samenwerkingsverband
- Legal situation
- Normale toestand
- Start date
- 11 September 1991
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied