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E.C.O.

Active
Public limited companyfounded 198937 yrs activeVleurgatse Steenweg 320, 1050 Elsene, BelgiumKBO/BCE: BE 0437.884.229
Summary

E.C.O. has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €122,854 and a net result of €146,702. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 6545 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisWatch ReportCompare
E.C.O.ActiveChecked score 63/100
Risk analysis ReportCompare

Overview

What they do
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521Installation of electric heating, air conditioning, cooling and ventilation NACE 43222NACE 51190
2 sites
How big
€798,738total assets 2024
Staff
3.6 FTE
Equity
€122,854
Profit
€146,702
Financially healthy?
63 Healthy Checked score 2024
Bankruptcy chance 12 m
1.1%
Who decides
Parent
9RENOZEN · 100%
Accounts 63 d overdue0 of 7 deeds read
Why 63- Higher-failure-rate region- Higher-failure-rate sector- Multiple establishment units+ Long track record+ Lower-risk legal formFiled after the deadlineShow the evidence

Checked score

Score 2024
63 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+7
Solvency40▼-26
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.59 in 2023; short-term debt: 82.8% and cash: 35.3% of total assets), and 84.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
57 d late
2023
31 d late
2022
31 d late
2021
151 d late
2020
31 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 71 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Highest result since 2018net €146,702 ▲63.6%
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: Equity fell in 2024from €276,152 to €122,854 ▼ 55.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Controlled by 9RENOZEN 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €146,702 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€798,738
Profit
€146,702
Solvency
15.4%
Total assets▲ 18.9%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 26-09-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 31-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
03-07-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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