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 4 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
EUPHIA from Ath, company number BE0867192965, closed financial year 2025 with a result of € -646 after tax. For that financial year EUPHIA recorded a gross margin of € -598 and equity of € -26,547. Compared with financial year 2024, the result moved from € -110 to € -646. 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 July 30, 2026.
€ -26,547
▼ € 646 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -646
▼ 486 % more loss than in 2024
Profit after tax over the fiscal year.
€ 822
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -576,547.
Debts at end 2025
€ 7,481
Loans from banks and other lenders, long and short.
€ 3,504
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -880 | € -796 | € -64 | € -598 | ▼ € 534 |
| Profit after taxes | € -1,222 | € -1,013 | € -110 | € -646 | ▼ € 536 |
| Equity | € -24,778 | € -25,791 | € -25,901 | € -26,547 | ▼ € 646 |
| Total debts | € 26,444 | € 27,240 | € 27,304 | € 27,369 | |
| Cash | € 1,666 | € 1,449 | € 1,402 | € 822 | ▼ 41% |
| Retained profit | € -574,778 | € -575,791 | € -575,901 | € -576,547 | |
| Bank debt | € 7,481 | € 7,481 | € 7,481 | € 7,481 | |
| Balance sheet total | € 1,666 | € 1,449 | € 1,402 | € 822 | ▼ 41% |
Key figures of EUPHIA, 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 EUPHIA?
What happened at EUPHIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 646. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ath. KBO
- THIERRY NOESEN became a director. NBB
- MIGUEL CALEWAERT became a director. NBB
In short
From € 1,222 loss in 2022 to € 646 loss in 2025.
Management
The stake of EUKAIRIA, SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE, TARADON LABORATORY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUPHIABehind EUPHIA are THIERRY NOESEN and MIGUEL CALEWAERT. The shares are held by EUKAIRIA (84%), SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE (33.3%) and TARADON LABORATORY (0%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chemin du Fundus(M.E) 7
7822 Ath
Avenue des Artisans(GHI) 37A
7822 Ath
Active since 2 September 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
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Security
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Details
- Company number
- 0867.192.965
- VAT number
- BE 0867.192.965
- Registered office
- Chemin du Fundus(M.E) 7, 7822 Ath
- Names & denominations
- EUPHIA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2004
- Peppol
- Not registered
- Contact
- surhia.be 068 33 28 08