E&C Bouw
ActiveE&C Bouw has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
76
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency68▼-10
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.57 in 2024), and 59.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
40.2%
Return on assets
6%
Age of the figures
8 mo
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 · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €230k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
23 d early
2024
44 d early
2023
28 d early
2022
55 d early
2021
101 d early
2020
31 d late
2019
76 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€230k▲ 16.4%
2024 · €197k
2019: €29k
2020: €30k
2021: €26k
2022: €36k
2023: €144k
2024: €197k
2019 → 2025
Total assets
€571k▲ 25.3%
2024 · €456k
2019: €179k
2020: €92k
2021: €51k
2022: €118k
2023: €316k
2024: €456k
2019 → 2025
Net result
€35k▼ 38.0%
2024 · €56k
2019: €10k
2020: €1k
2021: €-4k
2022: €12k
2023: €109k
2024: €56k
2019 → 2025
Working capital
€46k▼ 28.7%
2024 · €65k
2019: €24k
2020: €22k
2021: €11k
2022: €21k
2023: €57k
2024: €65k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€36k▲ 38.5%€144k▲ 298%€197k▲ 37.6%€230k▲ 16.4%
Operating result€-4k-€15k€154k▲ 919%€71k▼ 53.7%€54k▼ 24.0%
Net result€-4k-€12k€109k▲ 834%€56k▼ 49.0%€35k▼ 38.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €571k
Fixed assets
€355k▲ 28.5%
Current assets
€216k▲ 20.4%
Equity and liabilities €571k
Equity
€230k▲ 16.4%
Debt
€341k▲ 32.1%
The debt ratio rises from 56.7% to 59.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€133k▲
2024 · €115k
Cash flow
€113k▲
2024 · €99k
Solvency
40.2%▼
2024 · 43.3%
Current ratio
1.27▼
2024 · 1.57
Quick ratio
0.70▼
2024 · 1.57
Debt / equity
1.49▲
2024 · 1.31
ROE
15.0%▼
2024 · 28.2%
ROA
6.0%▼
2024 · 12.2%
Interest coverage
18.65▼
2024 · 38.76
Debt
€341k▲
2024 · €258k
Debt ≤ 1 year
€170k▲
2024 · €115k
Debt > 1 year
€171k▲
2024 · €144k
Income taxes
€13k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€456k€571k▲
Fixed assets21/28€276k€355k▲
Tangible fixed assets22/27€276k€355k▲
Plant, machinery and equipment23€77k€100k▲
Furniture and vehicles24€72k€147k▲
Leasing and similar rights25€127k€107k▼
Current assets29/58€180k€216k▲
Stocks and contracts in progress3-€98k
Contracts in progress37-€98k
Amounts receivable within one year40/41€48k€24k▼
Trade receivables40€31k€14k▼
Other amounts receivable41€16k€10k▼
Cash at bank and in hand54/58€127k€88k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€456k€571k▲
Equity10/15€197k€230k▲
Contributions10/11€19k€19k=
Reserves13€179k€211k▲
Distributable reserves133€179k€211k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€258k€341k▲
Amounts payable after more than one year17€144k€171k▲
Financial debts170/4€144k€171k▲
Amounts payable within one year42/48€115k€170k▲
Current portion of amounts payable after more than one year42€22k€42k▲
Trade debts44€45k€57k▲
Suppliers440/4€45k€57k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€0€9k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€44k€63k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€78k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€117k€139k▲
Operating profit (loss)9901€71k€54k▼
Financial income75/76B€5k€0▼
Recurring financial income75€18€0▼
Non-recurring financial income76B€5k€0▼
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€74k€47k▼
Income taxes67/77€18k€13k▼
Profit (loss) for the period9904€56k€35k▼
Profit (loss) for the period to be appropriated9905€56k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€35k▼
Transfer from equity791/2€2k€2k▲
Transfer to equity691/2€56k€35k▼
To other reserves6921€56k€35k▼
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €230k ▲16.4%
4 profitable years in a row build equity to €230k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €197k ▲37.6%
3 profitable years in a row build equity to €197k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €109k ▲834%
Operating result €154k, net result €109k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲298%
2 profitable years in a row build equity to €144k.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-4k ▼462%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Maarkedal · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koekamerstraat 469688 MaarkedalGround area
1,259 m²
Building footprint
165 m²
Volume, LiDAR
872 m³
Parcel 45044B0294/00E000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
E&C Bouw
since 20182.273.423.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45044B0294/00E000 | Flanders | 1,259 m² | 1 · 165 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 5,635 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2018
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
01610Support activities for crop production
25530Machining of metals
42110Construction of roads and motorways
42919Civil engineering
43120Site preparation
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
77310Rental and leasing activities
77320Rental and leasing activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.