Austria's appearance at EuroBasket 1955 in Budapest began with a 2–2 showing in preliminary round play. This was good enough for third place in the pool, and Austria was pushed to classification play. There, they were able to win only 1 out of 4 games (the win coming against West Germany), placing fourth of the five teams in the group. Playing against Luxembourg and then Switzerland in classification for the 13th–16th place playoffs, Austria won both games to finish 13th of the 18 teams.