ACTIVE

EURO WORX

Financial year 2025 · Closed on 31/12/2025

Net result-61,1 k €-252,4 %over 1 year
Gross margin1,6 M €-5,6 %over 1 year
Equity16 k €-79,3 %over 1 year
Workforce26,3 ETP-15,2 %over 1 year

Identity

Source · BCE/KBO

EURO WORX is a Public limited company incorporated in 2018. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Bruxelles. It employs on average 26,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0689.893.001
Incorporation
07/02/2018
Legal form
Public limited company
Registered office
Avenue Louise 367
1050 Bruxelles · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
26,3 ETP
Joint committees (2)
  • 111
  • 209
Signals
Positive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,7 M €1,5 M €1,2 M €980,5 k €
EBITDA22,1 k €31 k €32,6 k €104,3 k €284,4 k €
Operating result12,7 k €19,5 k €16,6 k €79,4 k €258,2 k €
Net result-61,1 k €-17,3 k €-5,9 k €35,8 k €172,2 k €
Balance sheet
Equity16 k €77 k €94,4 k €100,2 k €445 k €
Total assets2,1 M €1,9 M €1,9 M €1,1 M €1 M €
Cash2,7 k €66 k €117,5 k €53,6 k €43,7 k €
Debts2,1 M €1,8 M €1,8 M €953,9 k €592,5 k €
Other
Workforce26,3 ETP31,0 ETP30,7 ETP21,1 ETP15,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 13 ended

Active mandates

H. MEHMET KARAKÜLAH

Managing director · since 23 juin 2023 · until 28 juin 2029

Active

Ended mandates

H. MEHMET KARAKÜLAH

Managing director · since 23 juin 2023

Ended
DURMUS DINCER

Managing director · since 26 août 2022 · until 23 juin 2023

Ended
DURMUS DINCER

Managing director · since 26 août 2022

Ended
ASEN KADIROV

Managing director · since 13 octobre 2020 · until 06 juin 2022

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date31/08/202631/08/202511/09/202403/11/202309/08/202231/08/2021
General meeting30/06/202626/06/202527/06/202429/06/202330/06/202224/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/08/2026DutchPDF
Abridged model31/12/202426/06/202531/08/2025DutchPDF
Abridged model31/12/202327/06/202411/09/2024DutchPDF
Abridged modelCorrection31/12/202229/06/202303/11/2023DutchPDF
Abridged model31/12/202229/06/202307/09/2023DutchPDF
Abridged model31/12/202130/06/202209/08/2022DutchPDF
Abridged model31/12/202024/06/202131/08/2021DutchPDF
Abridged model31/12/201925/06/202019/10/2020DutchPDF
Abridged model31/12/201809/05/201917/05/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

1 active · 13 ended

Active mandates

H. MEHMET KARAKÜLAH

Managing director · since 23 juin 2023 · until 28 juin 2029

Active

Ended mandates

H. MEHMET KARAKÜLAH

Managing director · since 23 juin 2023

Ended
DURMUS DINCER

Managing director · since 26 août 2022 · until 23 juin 2023

Ended
DURMUS DINCER

Managing director · since 26 août 2022

Ended
ASEN KADIROV

Managing director · since 13 octobre 2020 · until 06 juin 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/02/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-61,1 k €↓
  2. 2024
    Annual accounts 2024-17,3 k €↓
  3. 2023
    Annual accounts 2023-5,9 k €↓
  4. 2023
    Name changeEUROWORX
  5. 2022
    Annual accounts 202235,8 k €↓
  6. 2021
    Annual accounts 2021172,2 k €↑
  7. 2021
    Name changeEURO WORX
  8. 2020
    Annual accounts 202045,3 k €↓
  9. 2019
    Annual accounts 2019103,8 k €↑
  10. 2018
    Annual accounts 201861,6 k €
  11. 07/02/2018
    IncorporationPublic limited company