ACTIVE

EURO SURPLUS

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Financial year 2025 · closed on 31/12/2025

Net result

-535,2 k €

-331.1% YoY

Gross margin

282,4 k €

-60.4% YoY

Equity

1,5 M €

-26.4% YoY

Workforce

13,6 ETP

+7.1% YoY

What does EURO SURPLUS do?

EURO SURPLUS is a Private limited company incorporated in 2004. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Turnhout. It employs on average 13,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0865.504.868

Incorporation

27/05/2004

Legal form

Private limited company

Registered office

Bleukenlaan 5
2300 Turnhout · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

13,6 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46510Wholesale of computers, computer peripheral equipment and software 46660Wholesale of other office machinery and equipment 51840Air transport 51850Air transport

Joint committees (4)

149
14904
200
218

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	282,4 k €	-60.4%	713,9 k €	-11.1%	802,6 k €	+6.5%	753,9 k €	+30.5%	577,9 k €	-2.8%	594,6 k €	-30.0%	849,8 k €	-19.8%	1,1 M €	+10.2%	962 k €	+69.7%	566,9 k €	+11.8%	507 k €	+22.0%	415,4 k €	-28.6%	581,4 k €	-5.8%	617,4 k €	+45.5%	424,4 k €	+16.0%	366 k €	-12.6%	418,5 k €	+26.4%	331,1 k €	+1.7%	325,5 k €	+66.4%	195,6 k €
EBITDA	-502 k €	-471%	-87,9 k €	-314%	41,1 k €	-83.7%	251,7 k €	+91.2%	131,6 k €	+121%	59,6 k €	-55.5%	134 k €	-53.2%	286,1 k €	-25.4%	383,4 k €	+47.3%	260,3 k €	+48.9%	174,8 k €	+171%	64,6 k €	-77.7%	289,1 k €	-19.7%	360 k €	+136%	152,8 k €	+21.4%	125,9 k €	-28.4%	175,9 k €	+74.3%	100,9 k €	-8.1%	109,7 k €	+411%	21,5 k €
Operating result	-539,5 k €	-362%	-116,9 k €	-1033%	12,5 k €	-94.3%	217,9 k €	+135%	92,7 k €	+445%	17 k €	-81.4%	91,6 k €	-62.4%	243,7 k €	-34.0%	369,1 k €	+42.8%	258,4 k €	+49.4%	172,9 k €	+125%	77 k €	-72.9%	284,3 k €	-19.7%	353,8 k €	+147%	143,3 k €	+14.7%	124,9 k €	-28.8%	175,4 k €	+94.1%	90,4 k €	-0.3%	90,7 k €	+364%	19,5 k €
Net result	-535,2 k €	-331%	-124,1 k €	-28884%	431,3 €	-99.7%	166,7 k €	+167%	62,3 k €	+21942%	-285,4 €	-101%	49,6 k €	-69.8%	164,5 k €	-76.6%	702,5 k €	+390%	143,3 k €	+50.0%	95,5 k €	+157%	37,2 k €	-78.6%	173,6 k €	-18.3%	212,5 k €	+138%	89,2 k €	+20.6%	74 k €	-31.8%	108,4 k €	+78.3%	60,8 k €	-7.3%	65,6 k €	+316%	15,8 k €
Balance sheet
Equity	1,5 M €	-26.4%	2 M €	-5.8%	2,2 M €	+0.0%	2,2 M €	+8.4%	2 M €	+3.2%	1,9 M €	-0.0%	1,9 M €	+2.7%	1,9 M €	+9.6%	1,7 M €	+69.8%	1 M €	+16.6%	862,6 k €	+12.5%	767 k €	+5.1%	729,9 k €	+31.2%	556,3 k €	+61.8%	343,9 k €	+35.0%	254,7 k €	-14.6%	298,3 k €	+57.1%	189,9 k €	+31.8%	144,1 k €	+57.5%	91,5 k €
Total assets	2,1 M €	-22.3%	2,7 M €	+2.2%	2,7 M €	-3.2%	2,8 M €	+14.6%	2,4 M €	-9.5%	2,7 M €	-8.4%	2,9 M €	-1.4%	2,9 M €	+31.1%	2,2 M €	+41.9%	1,6 M €	+8.2%	1,5 M €	+3.7%	1,4 M €	-1.7%	1,4 M €	+9.2%	1,3 M €	+122%	590,7 k €	+24.0%	476,3 k €	-13.3%	549,5 k €	-6.9%	590,2 k €	+45.7%	405,1 k €	+40.2%	288,9 k €
Cash	352,3 k €	-19.6%	438,1 k €	-32.2%	645,7 k €	-7.9%	701,5 k €	-11.8%	795 k €	+54.2%	515,5 k €	+47.0%	350,7 k €	-24.9%	466,8 k €	-50.0%	933,9 k €	+198%	313,9 k €	-28.1%	436,3 k €	+10.2%	396,1 k €	-8.9%	434,7 k €	+74.4%	249,3 k €	+19.8%	208 k €	+23.4%	168,6 k €	+25.7%	134,2 k €	-18.4%	164,5 k €	+59.4%	103,2 k €	+88.8%	54,7 k €
Debts	608,1 k €	-12.9%	698,1 k €	+35.9%	513,8 k €	-15.0%	604,3 k €	+43.9%	419,9 k €	-42.9%	735,6 k €	-24.8%	977,7 k €	-8.4%	1,1 M €	+103%	524,8 k €	-6.8%	562,8 k €	-3.6%	584 k €	-6.8%	626,8 k €	-9.0%	688,8 k €	-7.0%	740,6 k €	+267%	201,8 k €	+14.3%	176,6 k €	-16.0%	210,2 k €	-42.1%	363,1 k €	+39.2%	260,9 k €	+32.2%	197,4 k €
Other
Workforce	13,6 ETP	+7.1%	12,7 ETP	+0.8%	12,6 ETP	+29.9%	9,7 ETP	-33.6%	14,6 ETP	0.0%	14,6 ETP	+14.1%	12,8 ETP	-25.6%	17,2 ETP	+19.4%	14,4 ETP	+92.0%	7,5 ETP	+8.7%	6,9 ETP	-2.8%	7,1 ETP	+4.4%	6,8 ETP	+3.0%	6,6 ETP	0.0%	6,6 ETP	+4.8%	6,3 ETP	-7.4%	6,8 ETP	+38.8%	4,9 ETP	-21.0%	6,2 ETP	+31.9%	4,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Ghassan Al-Ouf

Director

Active

Ended mandates

Ghassan Al-Ouf

Director · since 19 mai 2004

Ended

Ghassan Al-Ouf

Administrator - manager · since 19 mai 2004

Ended

Ghassan Al-Ouf

Manager · since 19 mai 2004

Ended

Ghassan Al-Ouf

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ECLIPSE GROUP● Liquidation	0881.098.708
W.P.H.● Active	0875.788.452

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2026	30/07/2025	15/07/2024	13/07/2023	04/07/2022	08/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	20/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	15/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	02/08/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/08/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	17/08/2011	Dutch	PDF
Abridged model	31/12/2009	23/08/2010	24/08/2010	Dutch	PDF
Abridged model	31/12/2008	24/08/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/10/2008	28/10/2008	Dutch	PDF
Abridged model	31/12/2006	19/10/2007	09/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Ghassan Al-Ouf

Director

Active

Ended mandates

Ghassan Al-Ouf

Director · since 19 mai 2004

Ended

Ghassan Al-Ouf

Administrator - manager · since 19 mai 2004

Ended

Ghassan Al-Ouf

Manager · since 19 mai 2004

Ended

Ghassan Al-Ouf

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring16/02/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/12/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares21/01/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office29/07/2004
MAATSCHAPPELIJKE ZETEL
PDF
Other08/06/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-535,2 k €↓
2024
Annual accounts 2024-124,1 k €↓
2023
Annual accounts 2023431,3 €↓
2022
Annual accounts 2022166,7 k €↑
2022
Name changeEUROSURPLUS
2021
Annual accounts 202162,3 k €↑
2021
Name changeEURO SURPLUS
2020
Annual accounts 2020-285,4 €↓
2019
Annual accounts 201949,6 k €↓
2018
Annual accounts 2018164,5 k €↓
2017
Annual accounts 2017702,5 k €↑
2016
Annual accounts 2016143,3 k €↑
2015
Annual accounts 201595,5 k €↑
2014
Annual accounts 201437,2 k €↓
2013
Annual accounts 2013173,6 k €↓
2012
Annual accounts 2012212,5 k €↑
2011
Annual accounts 201189,2 k €↑
2010
Annual accounts 201074 k €↓
2009
Annual accounts 2009108,4 k €↑
2008
Annual accounts 200860,8 k €↓
2007
Annual accounts 200765,6 k €↑
2006
Annual accounts 200615,8 k €
27/05/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EURO SURPLUS

Overview

What does EURO SURPLUS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline