Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
64 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
euNetworks Belgium from Etterbeek, company number BE0887348674, closed financial year 2025 with a result of € -4 million after tax. For that financial year euNetworks Belgium recorded a gross margin of € 1.4 million and equity of € 38.2 million. Compared with financial year 2024, the result moved from € -6.5 million to € -4 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 38.2 million
▲ € 46 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4 million
▲ 39 % less loss than in 2024
Profit after tax over the fiscal year.
€ 638,717
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11.8 million.
People and assets in 2025
1
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16,083
▼ 90% vs 2024
€ 16,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 967,029
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,343
▲ 89% 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 | |
|---|---|---|---|---|---|
| Revenue | - | € 3,372,213 | - | - | |
| Gross margin | € 154,560 | € 2,337,068 | € 1,482,332 | € 1,447,018 | ▼ 2% |
| Profit after taxes | € 16,691 | € -1,346,825 | € -6,497,799 | € -3,986,913 | ▲ € 2.5 million |
| Equity | € 30,252 | € -1,316,573 | € -7,814,372 | € 38,198,715 | ▲ € 46 million |
| Total debts | € 1,801,972 | € 53,158,160 | € 56,796,666 | € 11,161,904 | ▼ 80% |
| Cash | € 375,724 | € 652,368 | € 605,281 | € 638,717 | ▲ 6% |
| Retained profit | € 11,702 | € -1,335,123 | € -7,832,922 | € -11,819,835 | ▼ € 4 million |
| Balance sheet total | € 1,832,224 | € 51,841,587 | € 48,982,294 | € 49,360,619 | ▲ 1% |
| Employees (FTE) | - | 0.8 | 1.7 | 1 | ▼ 0.7 |
Key figures of euNetworks Belgium, 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 euNetworks Belgium?
What happened at euNetworks Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4 million. Source: NBB ↗
- Katherine Ann Alexakis stepped down as director. NBB
- Katherine Ann Alexakis became a director. NBB
- Richard TAYLOR became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,691 profit in 2022 to € 4 million loss in 2025.
Best year ever: 2022, with € 16,691 profit.
On average € 1.4 million of value added per employee 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
Behind euNetworks Belgium is Richard TAYLOR.
Directors
According to the 2025 annual accounts
Richard TAYLOR
Director
since 2016
Katherine Ann Alexakis
Director
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 119 box 3
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 64 companies are registered at this address.
All companies at this address →SINEXPERT
€ 15,744 gross margin · 2025
DE SLAAPADVISEUR - UNIVERS DU SOMMEIL
€ 1.1 million gross margin · 2024
NEW - STYLE
BUSINESS PEOPLE SERVICES
€ 41,203 gross margin · 2025
SOCOBATI
€ 9,543 gross margin · 2025
+59 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
- 0887.348.674
- VAT number
- BE 0887.348.674
- Registered office
- Louis Schmidtlaan 119 bus 3, 1040 Etterbeek
- Names & denominations
- euNetworks Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2007
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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