E.C.S. PARTNER
ActiveSummary
E.C.S. PARTNER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €17k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 41% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-18
Solvency57▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.24 in 2024; short-term debt: 65% and cash: 16.3% of total assets), and 67.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
32.2%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
26 d late
2022
29 d late
2021
31 d late
2020
25 d late
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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▲ 28.2%
2024 · €13k
2018: €22k
2019: €12k▼ -46.5% vs 2018
2020: €-7k▼ -164% vs 2019lowest in 8 years
2021: €36k▲ +591% vs 2020
2022: €47k▲ +30.8% vs 2021highest in 8 years
2023: €15k▼ -69.2% vs 2022
2024: €13k▼ -9.9% vs 2023
2025: €17k▲ +28.2% vs 2024
2018 → 2025
Working capital
€109k▲ 27.6%
2024 · €85k
2018: €11klowest in 8 years
2019: €19k▲ +83.7% vs 2018
2020: €14k▼ -27.6% vs 2019
2021: €47k▲ +236% vs 2020
2022: €54k▲ +14.1% vs 2021
2023: €65k▲ +20.1% vs 2022
2024: €85k▲ +31.6% vs 2023
2025: €109k▲ +27.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€128k▲ 29.7%€143k▲ 11.4%€156k▲ 9.2%€173k▲ 10.8%
2021: €99klowest in 5 years
2022: €128k▲ +29.7% vs 2021
2023: €143k▲ +11.4% vs 2022
2024: €156k▲ +9.2% vs 2023
2025: €173k▲ +10.8% vs 2024highest in 5 years
Operating result€55k-€76k▲ 39.3%€38k▼ 50.2%€28k▼ 27.3%€43k▲ 57.0%
2021: €55k
2022: €76k▲ +39.3% vs 2021highest in 5 years
2023: €38k▼ -50.2% vs 2022
2024: €28k▼ -27.3% vs 2023lowest in 5 years
2025: €43k▲ +57.0% vs 2024
Net result€36k-€47k▲ 30.8%€15k▼ 69.2%€13k▼ 9.9%€17k▲ 28.2%
2021: €36k
2022: €47k▲ +30.8% vs 2021highest in 5 years
2023: €15k▼ -69.2% vs 2022
2024: €13k▼ -9.9% vs 2023lowest in 5 years
2025: €17k▲ +28.2% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537k
Fixed assets
€79k ▼ 19.7%
Current assets
€457k ▲ 5.0%
Equity and liabilities €537k
Equity
€173k ▲ 10.8%
Debt
€364k ▼ 3.9%
Debt's share of the balance-sheet total falls from 70.9% to 67.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €50k
Cash flow
€39k▲
2024 · €36k
Current ratio
1.31▲
2024 · 1.24
Quick ratio
0.90▼
2024 · 0.94
Debt to equity
2.11▼
2024 · 2.43
ROE
9.8%▲
2024 · 8.4%
ROA
3.1%▲
2024 · 2.5%
Interest coverage
3.78▼
2024 · 6.52
Debt ≤ 1 year
€349k▼
2024 · €350k
Debt > 1 year
€15k▼
2024 · €28k
Income taxes
€9k▲
2024 · €8k
Staff costs
€288k▼
2024 · €318k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€534k€537k▲
Fixed assets21/28€99k€79k▼
Tangible fixed assets22/27€62k€43k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€57k€37k▼
Financial fixed assets28€37k€37k=
Current assets29/58€436k€457k▲
Stocks and contracts in progress3€107k€142k▲
Stocks30/36€107k€142k▲
Amounts receivable within one year40/41€259k€228k▼
Trade receivables40€248k€218k▼
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€66k€88k▲
Deferred charges and accrued income490/1€4k€0▼
Equity and liabilities
Total equity and liabilities10/49€534k€537k▲
Equity10/15€156k€173k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€135k€152k▲
Amounts payable17/49€379k€364k▼
Amounts payable after more than one year17€28k€15k▼
Financial debts170/4€28k€15k▼
Amounts payable within one year42/48€350k€349k▼
Current portion of amounts payable after more than one year42€87k€56k▼
Financial debts43-€7
Credit institutions430/8-€7
Trade debts44€168k€219k▲
Suppliers440/4€168k€219k▲
Taxes, remuneration and social security45€70k€53k▼
Taxes450/3€27k€25k▼
Remuneration and social security454/9€43k€28k▼
Other amounts payable47/48€25k€21k▼
Income statement
Code20242025
Remuneration, social security and pensions62€318k€288k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k€0▼
Other operating charges640/8€785€3k▲
Gross operating margin9900€377k€356k▼
Operating profit (loss)9901€28k€43k▲
Financial income75/76B€899€4▼
Recurring financial income75€899€4▼
Financial charges65/66B€8k€17k▲
Recurring financial charges65€8k€17k▲
Profit (loss) for the period before taxes9903€21k€26k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€13k€17k▲
Profit (loss) for the period to be appropriated9905€13k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€152k▲
Profit (loss) brought forward from the previous period14P€122k€135k▲
Social balance
Average headcount (FTE)9087-6.0
The notes to these accounts (21 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 | €229k | €330k | €302k | €318k | €288k | ▼ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €9k | €21k | €22k | €22k | ▼ 3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €8k | €0 | ▼ 100% |
| Other operating charges640/8 | €2k | €1k | €5k | €785 | €3k | ▲ 230% |
| Non-recurring operating charges66A | €400 | - | - | - | - | - |
| Gross operating margin9900 | €290k | €416k | €367k | €377k | €356k | ▼ 5.5% |
| Operating profit (loss)9901 | €55k | €76k | €38k | €28k | €43k | ▲ 57.0% |
| Financial income75/76B | €12 | €24 | €10 | €899 | €4 | ▼ 99.5% |
| Recurring financial income75 | €12 | €24 | €10 | €899 | €4 | ▼ 99.5% |
| Financial charges65/66B | €6k | €6k | €10k | €8k | €17k | ▲ 124% |
| Recurring financial charges65 | €6k | €6k | €10k | €8k | €17k | ▲ 124% |
| Profit (loss) for the period before taxes9903 | €49k | €70k | €28k | €21k | €26k | ▲ 25.4% |
| Income taxes67/77 | €12k | €23k | €13k | €8k | €9k | ▲ 20.5% |
| Profit (loss) for the period9904 | €36k | €47k | €15k | €13k | €17k | ▲ 28.2% |
| Profit (loss) for the period to be appropriated9905 | €36k | €47k | €15k | €13k | €17k | ▲ 28.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €662k | €712k | €599k | €534k | €537k | ▲ 0.4% |
| Fixed assets21/28 | €52k | €101k | €121k | €99k | €79k | ▼ 19.7% |
| Tangible fixed assets22/27 | €15k | €64k | €85k | €62k | €43k | ▼ 31.4% |
| Land and buildings22 | €7k | €5k | €4k | €3k | €2k | ▼ 29.1% |
| Plant, machinery and equipment23 | €7k | €5k | €4k | €2k | €3k | ▲ 45.3% |
| Furniture and vehicles24 | €659 | €53k | €77k | €57k | €37k | ▼ 34.5% |
| Financial fixed assets28 | €37k | €37k | €37k | €37k | €37k | = |
| Current assets29/58 | €610k | €611k | €478k | €436k | €457k | ▲ 5.0% |
| Stocks and contracts in progress3 | €90k | €177k | €200k | €107k | €142k | ▲ 33.2% |
| Stocks30/36 | €90k | €177k | €200k | €107k | €142k | ▲ 33.2% |
| Amounts receivable within one year40/41 | €488k | €344k | €219k | €259k | €228k | ▼ 12.0% |
| Trade receivables40 | €476k | €315k | €198k | €248k | €218k | ▼ 11.9% |
| Other amounts receivable41 | €11k | €29k | €21k | €11k | €9k | ▼ 13.6% |
| Cash at bank and in hand54/58 | €30k | €86k | €54k | €66k | €88k | ▲ 32.0% |
| Deferred charges and accrued income490/1 | €3k | €3k | €4k | €4k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €662k | €712k | €599k | €534k | €537k | ▲ 0.4% |
| Equity10/15 | €99k | €128k | €143k | €156k | €173k | ▲ 10.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €78k | €108k | €122k | €135k | €152k | ▲ 12.5% |
| Amounts payable17/49 | €563k | €584k | €456k | €379k | €364k | ▼ 3.9% |
| Amounts payable after more than one year17 | - | €27k | €43k | €28k | €15k | ▼ 45.5% |
| Financial debts170/4 | - | €27k | €43k | €28k | €15k | ▼ 45.5% |
| Amounts payable within one year42/48 | €563k | €557k | €413k | €350k | €349k | ▼ 0.5% |
| Current portion of amounts payable after more than one year42 | €85k | €89k | €53k | €87k | €56k | ▼ 35.7% |
| Financial debts43 | €92k | €80k | €53k | - | €7 | - |
| Credit institutions430/8 | €92k | €80k | €53k | - | €7 | - |
| Trade debts44 | €324k | €298k | €229k | €168k | €219k | ▲ 29.8% |
| Suppliers440/4 | €324k | €298k | €229k | €168k | €219k | ▲ 29.8% |
| Taxes, remuneration and social security45 | €51k | €48k | €46k | €70k | €53k | ▼ 23.5% |
| Taxes450/3 | €23k | €8k | €11k | €27k | €25k | ▼ 4.5% |
| Remuneration and social security454/9 | €28k | €40k | €34k | €43k | €28k | ▼ 35.3% |
| Other amounts payable47/48 | €12k | €42k | €32k | €25k | €21k | ▼ 17.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €47k | €15k | €13k | €17k | ▲ 28.2% |
| + Depreciation and write-downs630 | €5k | €9k | €21k | €22k | €22k | ▼ 3.0% |
| Operating cash flow (approximation) | €41k | €57k | €36k | €36k | €39k | ▲ 8.5% |
| Investment in fixed assets (approximation) | - | €-59k | €-42k | €0 | €-2k | - |
| Change in cash | - | €57k | €-32k | €12k | €21k | ▲ 72.9% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €150kEq €156k ▲9.2%
4 profitable years in a row build equity to €156k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €47k ▲30.8%
Operating result €76k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €128k ▲29.7%
2 profitable years in a row build equity to €128k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Charleroi · 2 establishment units since 2003
Ground area
2,338 m²
Building footprint
240 m²
Volume, LiDAR
1,631 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
2 establishment units
ecs partner
since 20032.136.237.730
ECS PARTNER SRL
since 20262.390.216.491
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52061A0642/00C000 | Wallonia | 2,196 m² | 1 · 100 m² | 8.2 m · 1 fl. |
| 52013A0370/00R002 | Wallonia | 142 m² | 1 · 140 m² | 11.6 m · 3 fl. |
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.
Similar companies · same sector, comparable size
ADEMA
BE 0425.232.954
Nivelles · Eq €169k
ID3D Solutions
BE 0781.958.273
Aalst · Eq €168k
OUT-STANDING
BE 0871.061.978
Malle · Eq €167k
R.W.R. Paletten
BE 0435.663.622
Brecht · Eq €165k
ECO - PACK
BE 0450.719.012
Lommel · Eq €152k
Of 121 companies in sector 16240 we hold annual accounts for 82. 52 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
Founded12-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
16240Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
46130Agents in the wholesale of timber and building materials
46832Wholesale of timber
Contact
Phone
0475/73.52.53Charleroi
Scores and ratios are computed by Checked and are not a credit decision.