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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.
Financials
Financial year 2025
EURAM AG from Kelmis, company number BE0475224675, closed financial year 2025 with a result of € -13,951 after tax. For that financial year EURAM AG recorded a gross margin of € -2,203 and equity of € 968,107. Compared with financial year 2024, the result moved from € -12,904 to € -13,951. 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 July 17, 2026.
€ 968,107
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,951
▼ 8 % more loss than in 2024
Profit after tax over the fiscal year.
€ 28,282
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 468,106.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 136
▼ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 550 | - | - | - | |
| Gross margin | € -2,398 | € -1,907 | € -1,928 | € -2,203 | ▼ € 275 |
| Profit after taxes | € -8,720 | € -10,786 | € -12,904 | € -13,951 | ▼ € 1,048 |
| Equity | € 1,070,164 | € 1,002,116 | € 986,492 | € 968,107 | ▼ 2% |
| Total debts | € 1,483 | € 58,238 | € 63,147 | € 37,722 | ▼ 40% |
| Cash | € 72,019 | € 67,440 | € 63,361 | € 28,282 | ▼ 55% |
| Retained profit | € 570,164 | € 502,116 | € 486,492 | € 468,106 | ▼ 4% |
| Dividend | € 0 | € 57,262 | € 2,720 | € 4,434 | ▲ 63% |
| Balance sheet total | € 1,071,646 | € 1,060,354 | € 1,049,640 | € 1,005,829 | ▼ 4% |
Key figures of EURAM AG, 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 EURAM AG?
What happened at EURAM AG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,951. Source: NBB ↗
- New establishment in Kelmis. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,720 loss in 2022 to € 13,951 loss in 2025.
Paid out € 64,417 in dividends to the owners in total.
Management
Behind EURAM AG are Chaled Shaker and Adam Shaker. It owns 100% of Shaker Publishing BV itself.
Directors
According to the 2025 annual accounts
Chaled Shaker
Director
Adam Shaker
Director
Establishments
Establishment units
Physical locations of this company
Schievenhövel 92
4728 Kelmis
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.224.675
- VAT number
- BE 0475.224.675
- Registered office
- Schievenhövel 92, 4728 Kelmis
- Names & denominations
- EURAM AG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2001
- Peppol
- Active · Active since 17 Dec 2025
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