E&C2
ActiveSummary
The computed 12-month bankruptcy probability of E&C2 is 12.3% (high). For E&C2, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €77,554 and a net result of -€6,207. Equity is shrinking by about 6.3% per year across the filed financial years. The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2021, micro format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 22 October 2026.
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €2,461 in 2021 against €2,288 in 2020; the loss grows and 2021 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €923 | - |
| Gross operating margin9900 | -€1,452 | -€1,029 | -€1,186 | -€1,538 | ▼ 29.7% |
| Operating profit (loss)9901 | -€2,373 | -€2,071 | -€2,288 | -€2,461 | ▼ 7.6% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €3,745 | - |
| Recurring financial charges65 | €1,992 | €1,353 | €3,460 | €3,745 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | -€4,365 | -€3,424 | -€5,748 | -€6,207 | ▼ 8.0% |
| Profit (loss) for the period9904 | -€4,365 | -€3,424 | -€5,748 | -€6,207 | ▼ 8.0% |
| Profit (loss) for the period to be appropriated9905 | -€4,365 | -€3,424 | -€5,748 | -€6,207 | ▼ 8.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 1.5% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €0.03m | €0 | €0.02m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.03m | €0 | €0.02m | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 1.5% |
| Equity10/15 | €0.09m | €0.09m | €0.08m | €0.08m | ▼ 7.4% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | - |
| Issued capital100 | - | - | - | €0.06m | - |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | - |
| Legal reserve130 | - | - | - | €0.006m | - |
| Profit (loss) carried forward14 | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 38.5% |
| Amounts payable17/49 | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.1% |
| Amounts payable after more than one year17 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.1% |
| Financial debts43 | - | - | - | €0.1m | - |
| Credit institutions430/8 | - | - | - | €0.1m | - |
| Trade debts44 | €0 | €0.001m | €0 | €0.002m | - |
| Suppliers440/4 | - | - | - | €0.002m | - |
| Other amounts payable47/48 | - | - | - | €1.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,365 | -€3,424 | -€5,748 | -€6,207 | ▼ 8.0% |
| Operating cash flow (approximation) | -€4,365 | -€3,424 | -€5,748 | -€6,207 | ▼ 8.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€29,122 | €20,223 | -€20,224 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 27-09-2022 | 2022-20436452 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64400413 |
| 31-12-2019 | micro format | 12-11-2020 | 2020-70000101 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68100016 |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52500550 |
| 31-12-2016 | micro format | 28-08-2017 | 2017-50000584 |
| 31-12-2015 | full format | 31-08-2016 | 2016-55100440 |
| 31-12-2014 | full format | 27-08-2015 | 2015-51300424 |
| 31-12-2013 | full format | 30-09-2014 | 2014-62200225 |
| 31-12-2012 | full format | 27-09-2013 | 2013-60300391 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.