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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EUROPEAN QUALITY CIRCLE from Lier, company number BE0462392862, closed financial year 2025 with a result of € -1,334 after tax. For that financial year EUROPEAN QUALITY CIRCLE recorded a gross margin of € 4,231 and equity of € -178,320. Compared with financial year 2024, the result moved from € -2,812 to € -1,334. The company made a loss. 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 11, 2026.
€ -178,320
▼ € 1,334 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,334
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,378
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -247,320.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,839
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,523 | € -42,669 | € -1,019 | € 4,231 | ▲ € 5,251 |
| Profit after taxes | € -4,224 | € -27,859 | € -2,812 | € -1,334 | ▲ € 1,478 |
| Equity | € -146,315 | € -174,174 | € -176,986 | € -178,320 | ▼ € 1,334 |
| Total debts | € 426,499 | € 419,993 | € 431,412 | € 247,641 | ▼ 43% |
| Cash | € 5,179 | € 8,999 | € 7,190 | € 1,378 | ▼ 81% |
| Retained profit | € -215,315 | € -243,174 | € -245,986 | € -247,320 | ▼ € 1,334 |
| Balance sheet total | € 280,184 | € 245,819 | € 254,426 | € 69,321 | ▼ 73% |
Key figures of EUROPEAN QUALITY CIRCLE, 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 EUROPEAN QUALITY CIRCLE?
What happened at EUROPEAN QUALITY CIRCLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,334. filed late Source: NBB ↗
- Eyal Atzmon became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,224 loss in 2022 to € 1,334 loss 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 Novaris LGD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUROPEAN QUALITY CIRCLEBehind EUROPEAN QUALITY CIRCLE is Eyal Atzmon. The shares are held by Novaris LGD (87%).
Directors
According to the 2025 annual accounts
since 2021
Shareholders
87%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gangelberg 38
2500 Lier
Schupstraat 1/7
2018 Antwerpen
Active since 20 February 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.392.862
- VAT number
- BE 0462.392.862
- Registered office
- Gangelberg 38, 2500 Lier
- Names & denominations
- EUROPEAN QUALITY CIRCLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1998
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Groothandel in uurwerken en sieraden
Groothandel in diamant
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in diamant en andere edelstenen
Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden