E.C.A.
ActiveSummary
E.C.A. has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262k and a net result of €53k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 9.77 against 5.5 in 2024; short-term debt: 10.1% and cash: 51.6% of total assets), and 10.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.9%
Return on assets
18.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
34 d early
2023
36 d early
2022
7 d early
2021
33 d early
2020
33 d early
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€262k▲ 25.1%
2024 · €209k
2019: €46klowest in 7 years
2020: €65k▲ +41.7% vs 2019
2021: €95k▲ +46.9% vs 2020
2022: €133k▲ +39.4% vs 2021
2023: €166k▲ +24.7% vs 2022
2024: €209k▲ +26.2% vs 2023
2025: €262k▲ +25.1% vs 2024highest in 7 years
2019 → 2025
Total assets
€291k▲ 13.8%
2024 · €256k
2019: €63klowest in 7 years
2020: €96k▲ +53.1% vs 2019
2021: €128k▲ +33.7% vs 2020
2022: €183k▲ +42.5% vs 2021
2023: €224k▲ +22.3% vs 2022
2024: €256k▲ +14.5% vs 2023
2025: €291k▲ +13.8% vs 2024highest in 7 years
2019 → 2025
Net result
€53k▲ 21.2%
2024 · €43k
2019: €26k
2020: €19k▼ -25.9% vs 2019lowest in 7 years
2021: €30k▲ +59.1% vs 2020
2022: €38k▲ +23.6% vs 2021
2023: €33k▼ -12.6% vs 2022
2024: €43k▲ +32.0% vs 2023
2025: €53k▲ +21.2% vs 2024highest in 7 years
2019 → 2025
Working capital
€259k▲ 25.8%
2024 · €205k
2019: €38klowest in 7 years
2020: €62k▲ +61.1% vs 2019
2021: €58k▼ -6.1% vs 2020
2022: €111k▲ +92.0% vs 2021
2023: €158k▲ +41.8% vs 2022
2024: €205k▲ +30.1% vs 2023
2025: €259k▲ +25.8% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€133k▲ 39.4%€166k▲ 24.7%€209k▲ 26.2%€262k▲ 25.1%
2021: €95klowest in 5 years
2022: €133k▲ +39.4% vs 2021
2023: €166k▲ +24.7% vs 2022
2024: €209k▲ +26.2% vs 2023
2025: €262k▲ +25.1% vs 2024highest in 5 years
Operating result€40k-€56k▲ 40.2%€50k▼ 10.7%€60k▲ 20.2%€77k▲ 28.7%
2021: €40klowest in 5 years
2022: €56k▲ +40.2% vs 2021
2023: €50k▼ -10.7% vs 2022
2024: €60k▲ +20.2% vs 2023
2025: €77k▲ +28.7% vs 2024highest in 5 years
Net result€30k-€38k▲ 23.6%€33k▼ 12.6%€43k▲ 32.0%€53k▲ 21.2%
2021: €30klowest in 5 years
2022: €38k▲ +23.6% vs 2021
2023: €33k▼ -12.6% vs 2022
2024: €43k▲ +32.0% vs 2023
2025: €53k▲ +21.2% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€3k ▼ 32.6%
Current assets
€288k ▲ 14.7%
Equity and liabilities €291k
Equity
€262k ▲ 25.1%
Debt
€29k ▼ 36.9%
Debt's share of the balance-sheet total falls from 18.3% to 10.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2024 · €68k
Cash flow
€55k▲
2024 · €52k
Current ratio
9.77▲
2024 · 5.50
Debt to equity
0.11▼
2024 · 0.22
ROE
20.1%▼
2024 · 20.7%
ROA
18.1%▲
2024 · 17.0%
Interest coverage
82.09▲
2024 · 69.39
Debt ≤ 1 year
€29k▼
2024 · €46k
Income taxes
€27k▲
2024 · €23k
Staff costs
€47k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€256k€291k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€205€205=
Current assets29/58€251k€288k▲
Amounts receivable after more than one year29€99k€92k▼
Other amounts receivable291€99k€92k▼
Amounts receivable within one year40/41€65k€45k▼
Trade receivables40€51k€45k▼
Other amounts receivable41€15k-
Cash at bank and in hand54/58€84k€150k▲
Deferred charges and accrued income490/1€3k€983▼
Equity and liabilities
Total equity and liabilities10/49€256k€291k▲
Equity10/15€209k€262k▲
Contributions10/11€20k€20k=
Reserves13€189k€242k▲
Distributable reserves133€189k€242k▲
Amounts payable17/49€47k€29k▼
Amounts payable within one year42/48€46k€29k▼
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€17k€21k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€24k-
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€44k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€114k€127k▲
Operating profit (loss)9901€60k€77k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Financial charges65/66B€982€965▼
Recurring financial charges65€982€965▼
Profit (loss) for the period before taxes9903€67k€80k▲
Income taxes67/77€23k€27k▲
Profit (loss) for the period9904€43k€53k▲
Profit (loss) for the period to be appropriated9905€43k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€53k▲
Transfer to equity691/2€43k€53k▲
To other reserves6921€43k€53k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €33k | €37k | €43k | €44k | €47k | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €15k | €16k | €8k | €2k | ▼ 75.2% |
| Other operating charges640/8 | €2k | €1k | €1k | €1k | €1k | ▲ 5.5% |
| Gross operating margin9900 | €84k | €110k | €110k | €114k | €127k | ▲ 12.0% |
| Operating profit (loss)9901 | €40k | €56k | €50k | €60k | €77k | ▲ 28.7% |
| Financial income75/76B | €328 | €585 | - | €8k | €3k | ▼ 56.1% |
| Recurring financial income75 | €328 | €585 | - | €8k | €3k | ▼ 56.1% |
| Financial charges65/66B | €43 | €435 | €201 | €982 | €965 | ▼ 1.7% |
| Recurring financial charges65 | €43 | €435 | €201 | €982 | €965 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €40k | €56k | €50k | €67k | €80k | ▲ 19.5% |
| Income taxes67/77 | €10k | €18k | €17k | €23k | €27k | ▲ 16.3% |
| Profit (loss) for the period9904 | €30k | €38k | €33k | €43k | €53k | ▲ 21.2% |
| Profit (loss) for the period to be appropriated9905 | €30k | €38k | €33k | €43k | €53k | ▲ 21.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128k | €183k | €224k | €256k | €291k | ▲ 13.8% |
| Fixed assets21/28 | €37k | €22k | €8k | €5k | €3k | ▼ 32.6% |
| Tangible fixed assets22/27 | €37k | €22k | €8k | €5k | €3k | ▼ 34.1% |
| Furniture and vehicles24 | €37k | €22k | €8k | €5k | €3k | ▼ 34.1% |
| Financial fixed assets28 | €210 | €210 | €205 | €205 | €205 | = |
| Current assets29/58 | €91k | €161k | €216k | €251k | €288k | ▲ 14.7% |
| Amounts receivable after more than one year29 | €37k | €29k | - | €99k | €92k | ▼ 8.0% |
| Other amounts receivable291 | €37k | €29k | - | €99k | €92k | ▼ 8.0% |
| Amounts receivable within one year40/41 | €37k | €47k | €54k | €65k | €45k | ▼ 30.7% |
| Trade receivables40 | €37k | €43k | €53k | €51k | €45k | ▼ 10.3% |
| Other amounts receivable41 | - | €4k | €839 | €15k | - | - |
| Cash at bank and in hand54/58 | €13k | €81k | €159k | €84k | €150k | ▲ 79.4% |
| Deferred charges and accrued income490/1 | €4k | €4k | €3k | €3k | €983 | ▼ 61.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128k | €183k | €224k | €256k | €291k | ▲ 13.8% |
| Equity10/15 | €95k | €133k | €166k | €209k | €262k | ▲ 25.1% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €75k | €113k | €146k | €189k | €242k | ▲ 27.8% |
| Distributable reserves133 | €75k | €113k | €146k | €189k | €242k | ▲ 27.8% |
| Amounts payable17/49 | €33k | €50k | €58k | €47k | €29k | ▼ 36.9% |
| Amounts payable within one year42/48 | €33k | €49k | €58k | €46k | €29k | ▼ 35.5% |
| Financial debts43 | - | €22k | - | - | - | - |
| Credit institutions430/8 | - | €22k | - | - | - | - |
| Trade debts44 | €2k | €7k | €3k | €5k | €8k | ▲ 84.4% |
| Suppliers440/4 | €2k | €7k | €3k | €5k | €8k | ▲ 84.4% |
| Advances received on contracts in progress46 | - | €3k | - | - | - | - |
| Taxes, remuneration and social security45 | €31k | €18k | €19k | €17k | €21k | ▲ 25.1% |
| Taxes450/3 | €25k | €11k | €13k | €10k | €14k | ▲ 34.2% |
| Remuneration and social security454/9 | €6k | €6k | €6k | €7k | €8k | ▲ 11.4% |
| Other amounts payable47/48 | - | - | €36k | €24k | - | - |
| Accrued charges and deferred income492/3 | - | €396 | - | €1k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €38k | €33k | €43k | €53k | ▲ 21.2% |
| + Depreciation and write-downs630 | €9k | €15k | €16k | €8k | €2k | ▼ 75.2% |
| Operating cash flow (approximation) | €39k | €53k | €48k | €52k | €55k | ▲ 5.9% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-5k | €-479 | ▲ 90.5% |
| Change in cash | - | €68k | €78k | €-75k | €67k | ▲ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €53k ▲21.2%
Operating result €77k, net result €53k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €209k ▲26.2%
6 profitable years in a row build equity to €209k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €166k ▲24.7%
5 profitable years in a row build equity to €166k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €133k ▲39.4%
4 profitable years in a row build equity to €133k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €19k ▼25.9%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ecaussinnes · 1 establishment unit since 2019
Ground area
2,328 m²
Building footprint
295 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Restaumont 114, 7190 Ecaussinnes
since 20192.290.948.572
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55008A0344/00F000 | Wallonia | 1,877 m² | 1 · 128 m² | - |
| 55008A0342/00R000 | Wallonia | 450 m² | 1 · 166 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,763 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-07-2019
Fiscal year end31-12
Abbreviation FR
ECAU CONSULT ADMIN
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
85599Other education
Contact
E-mail
jvanreck@eudirectors.com
Phone
+3200000000
Scores and ratios are computed by Checked and are not a credit decision.