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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EURO-MATERIEL from Jurbise, company number BE0844121516, closed financial year 2025 with a result of € 11,957 after tax. For that financial year EURO-MATERIEL recorded a gross margin of € 98,860 and equity of € -122,650. Compared with financial year 2024, the result moved from € -12,510 to € 11,957. 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 June 8, 2026.
€ -122,650
▲ € 11,957 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,957
▲ still € 12,510 loss in 2024
Profit after tax over the fiscal year.
€ 1,248
▼ 78% 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 € -141,250.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,390
▲ 2% 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.
€ 21,396
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,307
▼ 93% vs 2024
€ 7,400 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 55,622
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,598
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,564 | € -3,893 | € 75,538 | € 98,860 | ▲ 31% |
| Profit after taxes | € -481 | € -115,967 | € -12,510 | € 11,957 | ▲ € 24,467 |
| Equity | € -6,130 | € -122,097 | € -134,607 | € -122,650 | ▲ € 11,957 |
| Total debts | € 482,070 | € 579,049 | € 496,354 | € 431,360 | ▼ 13% |
| Cash | € 6,183 | € 5,930 | € 5,677 | € 1,248 | ▼ 78% |
| Retained profit | € -24,730 | € -140,697 | € -153,207 | € -141,250 | ▲ € 11,957 |
| Bank debt | € 424,406 | € 471,550 | € 376,954 | € 26,307 | ▼ 93% |
| Balance sheet total | € 475,940 | € 456,953 | € 361,747 | € 308,710 | ▼ 15% |
Key figures of EURO-MATERIEL, 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-MATERIEL?
What happened at EURO-MATERIEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,957. Source: NBB ↗
- New establishment in Jurbise. KBO
- JEAN-PAUL BAGGIO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 481 loss in 2022 to € 11,957 profit in 2025.
Paid € 1,060 in corporate taxes since 2022.
Best year ever: 2025, with € 11,957 profit.
Management
Behind EURO-MATERIEL is JEAN-PAUL BAGGIO.
Directors
According to the 2025 annual accounts
JEAN-PAUL BAGGIO
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Route d'Ath(J) 213 box A
7050 Jurbise
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0844.121.516
- VAT number
- BE 0844.121.516
- Registered office
- Route d'Ath(J) 213 bus A, 7050 Jurbise
- Names & denominations
- EURO-MATERIEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2012
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- emprosat.be [email protected] 065 709 123
- Activities · NACE
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