ACTIVE

EUROPEAN COMBINED REEFERS

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Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €-7,2 %over 1 year
Revenue14 M €+5,3 %over 1 year
Equity5,4 M €+14,4 %over 1 year
Workforce37,9 ETP-5,5 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN COMBINED REEFERS is a Private limited company incorporated in 1988. Its main activity is: Repair of machinery. Its registered office is in Antwerpen. It employs on average 37,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.873.557
Incorporation
29/11/1988
Legal form
Private limited company
Registered office
Treurenborg 9
2030 Antwerpen · FlandreSee on map
Contributed capital
449 578,70 €
Latest accounts
31/12/2025
Average workforce
37,9 ETP
Joint committees (5)
  • 111
  • 14901
  • 200
  • 218
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 39 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue14 M €13,3 M €12,6 M €12,4 M €–
EBITDA2 M €2 M €2,3 M €2 M €1,7 M €
Operating result1,5 M €1,5 M €1,8 M €1,5 M €1,3 M €
Net result1,1 M €1,2 M €1,3 M €1,1 M €1 M €
Balance sheet
Equity5,4 M €4,7 M €3,9 M €2,8 M €2 M €
Total assets8,6 M €7,6 M €7,7 M €6,5 M €6 M €
Cash1,6 M €1,2 M €1,3 M €882,7 k €648,9 k €
Debts3,2 M €2,8 M €3,8 M €3,7 M €4 M €
Other
Workforce37,9 ETP40,1 ETP44,5 ETP45,4 ETP45,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
JEMMINVEST0720.743.355Represented by Christophe Koevoets
Directorsince 07/06/2022
MEAN INVESTMENTS0840.320.601Represented by Anthony Meers
Directorsince 07/06/2022
Thico Group0403.470.906Represented by Gilles van Strydonck
Directorsince 06/06/2011Managersince 04/06/2018ended
EURO TRADING INVEST0455.678.284Represented by Garrit Meers
Directorsince 06/06/2011Managersince 06/06/2011ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thornton0403.449.823Represented by Pierre Seynaeve
Managersince 06/06/2011
Garrit Meers
Manager
Pierre Seynaeve
Manager

Other companies at this address

Treurenborg 9 2030 Antwerpen
CompanyCBE no.
Bofort● Active
0881.188.085
Cryogeen Service Center Antwerpen● Bankrupt
0769.449.332
EURO TRADING INVEST● Active
0455.678.284
GROEP ISOTANK● Active
0695.393.394
INVEST AT WILL● Active
0843.200.313
ISO TANK HOLDINGS● Active
0686.680.321
MEAN INVESTMENTS● Active
0840.320.601
MEGA HOLDING● Active
0845.067.562
MEGA INDUSTRIAL ENGINEERING● Active
0450.824.227
Mpire● Active
0738.521.178
STRYDOT & Company● Active
0889.612.437
TANK ONE● Active
0686.725.059
Thico Group● Active
0403.470.906
Thornton● Active
0403.449.823
VINVEST IT● Active
0671.653.239

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202619/06/202528/06/202427/06/202311/07/202228/06/2021
General meeting01/06/202602/06/202503/06/202414/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 39 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202615/06/2026DutchPDF
Full model31/12/202402/06/202519/06/2025DutchPDF
Full model31/12/202303/06/202428/06/2024DutchPDF
Full model31/12/202214/06/202327/06/2023DutchPDF
Abridged model31/12/202107/06/202211/07/2022DutchPDF
Abridged model31/12/202007/06/202128/06/2021DutchPDF
Abridged model31/12/201901/06/202022/06/2020DutchPDF
Abridged model31/12/201803/06/201911/06/2019DutchPDF
Abridged model31/12/201704/06/201826/06/2018DutchPDF
Abridged model31/12/201606/06/201723/06/2017DutchPDF
Abridged model31/12/201506/06/201613/06/2016DutchPDF
Abridged model31/12/201401/06/201508/06/2015DutchPDF
Abridged model31/12/201302/06/201417/07/2014DutchPDF
Abridged model31/12/201203/06/201325/06/2013DutchPDF
Abridged model31/12/201104/06/201221/06/2012DutchPDF
Abridged model31/12/201006/06/201122/06/2011DutchPDF
Abridged model31/12/200907/06/201005/07/2010DutchPDF
Abridged model31/12/200802/06/200916/06/2009DutchPDF
Abridged model31/12/200702/06/200816/07/2008DutchPDF
Full model31/12/200604/06/200724/07/2007DutchPDF
Full model31/12/200506/06/200621/06/2006DutchPDF
Full model31/12/200406/06/200516/06/2005DutchPDF
Full model31/12/200307/06/200414/06/2004DutchPDF
Full model31/12/200202/06/200304/06/2003DutchPDF
Abridged model31/12/200103/06/200218/06/2002DutchPDF
Abridged model31/12/200004/06/200114/06/2001DutchPDF
Abridged model31/12/199905/06/200015/06/2000DutchPDF
Abridged model31/12/199807/06/199916/06/1999DutchPDF
Abridged model31/12/199701/06/199803/06/1998Dutch—
Abridged modelCorrection31/12/199602/06/199722/08/1997Dutch—
Abridged model31/12/199602/06/199706/06/1997Dutch—
Abridged model31/12/199503/06/199611/06/1996Dutch—
Abridged modelCorrection31/12/199402/06/199517/08/1995Dutch—
Abridged model31/12/199402/06/199503/07/1995Dutch—
Abridged model31/12/199303/06/199410/01/1995Dutch—
Abridged model31/12/199203/06/199310/01/1995Dutch—
Abridged model31/12/199103/06/199208/07/1992Dutch—
Abridged model31/12/199003/06/199115/07/1991Dutch—
Abridged model31/12/198904/06/199014/06/1990Dutch—

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
JEMMINVEST0720.743.355Represented by Christophe Koevoets
Directorsince 07/06/2022
MEAN INVESTMENTS0840.320.601Represented by Anthony Meers
Directorsince 07/06/2022
Thico Group0403.470.906Represented by Gilles van Strydonck
Directorsince 06/06/2011Managersince 04/06/2018ended
EURO TRADING INVEST0455.678.284Represented by Garrit Meers
Directorsince 06/06/2011Managersince 06/06/2011ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thornton0403.449.823Represented by Pierre Seynaeve
Managersince 06/06/2011
Garrit Meers
Manager
Pierre Seynaeve
Manager

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/03/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office25/06/2012
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
JEMMINVEST
MEAN INVESTMENTS
Thico Group
EURO TRADING INVEST
Thornton
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
EUCORE BV
Treurenborg 9, 2030 Antwerp-2030
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Treurenborg 9, 2030 Antwerp-2030Current
accounts 2021 → 2025
Accounts 2025 · 2026-00161751

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
EUROPEAN COMBINED REEFERSCurrent
CBE
EUCORE BV
accounts 2022 → 2025
Accounts 2025 · 2026-00161751
EUROPEAN COMBINED REEFERS
accounts 2021
Accounts 2021 · 2022-20168979

Events

  1. 2025
    Annual accounts 20251,1 M €↓
  2. 2024
    Annual accounts 20241,2 M €↓
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2022
    Name changeEUCORE BV
  6. 2021
    Annual accounts 20211 M €↑
  7. 2020
    Annual accounts 2020765,2 k €↑
  8. 2019
    Annual accounts 2019-920,1 k €↓
  9. 2018
    Annual accounts 2018202,2 k €↓
  10. 2017
    Annual accounts 2017409,3 k €↑
  11. 2016
    Annual accounts 2016395,9 k €↑
  12. 2015
    Annual accounts 2015219,2 k €↑
  13. 2014
    Annual accounts 2014-55,1 k €↑
  14. 2013
    Annual accounts 2013-148,4 k €↓
  15. 2012
    Annual accounts 2012-29,1 k €↓
  16. 2011
    Annual accounts 2011182,5 k €↑
  17. 2010
    Annual accounts 201084,9 k €↑
  18. 2009
    Annual accounts 200946,4 k €↑
  19. 2008
    Annual accounts 200845,2 k €↑
  20. 2007
    Annual accounts 200725,3 k €↑
  21. 2006
    Annual accounts 20061,3 k €
  22. 29/11/1988
    IncorporationPrivate limited company