EBC²
ActiveSummary
EBC² has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194k and a net result of €168k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 26% 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
Profitability94▼-6
Solvency49▼-51
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 6.22 in 2024; short-term debt: 71.5% and cash: 86.3% of total assets), and 76.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
23.7%
Return on assets
20.5%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
27 d late
2022
4 d early
2021
30 d late
2020
20 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
€194k▼ 63.1%
2024 · €527k
2020: €264k
2021: €390k▲ +47.5% vs 2020
2022: €566k▲ +45.2% vs 2021highest in 6 years
2023: €480k▼ -15.2% vs 2022
2024: €527k▲ +9.7% vs 2023
2025: €194k▼ -63.1% vs 2024lowest in 6 years
2020 → 2025
Total assets
€819k▲ 31.8%
2024 · €622k
2020: €446klowest in 6 years
2021: €517k▲ +16.0% vs 2020
2022: €707k▲ +36.7% vs 2021
2023: €624k▼ -11.7% vs 2022
2024: €622k▼ -0.4% vs 2023
2025: €819k▲ +31.8% vs 2024highest in 6 years
2020 → 2025
Net result
€168k▼ 13.3%
2024 · €194k
2020: €244khighest in 6 years
2021: €126k▼ -48.6% vs 2020lowest in 6 years
2022: €176k▲ +40.2% vs 2021
2023: €155k▼ -12.0% vs 2022
2024: €194k▲ +24.9% vs 2023
2025: €168k▼ -13.3% vs 2024
2020 → 2025
Working capital
€145k▼ 70.9%
2024 · €497k
2020: €205k
2021: €330k▲ +60.7% vs 2020
2022: €515k▲ +56.0% vs 2021highest in 6 years
2023: €444k▼ -13.6% vs 2022
2024: €497k▲ +11.9% vs 2023
2025: €145k▼ -70.9% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€390k-€566k▲ 45.2%€480k▼ 15.2%€527k▲ 9.7%€194k▼ 63.1%
2021: €390k
2022: €566k▲ +45.2% vs 2021highest in 5 years
2023: €480k▼ -15.2% vs 2022
2024: €527k▲ +9.7% vs 2023
2025: €194k▼ -63.1% vs 2024lowest in 5 years
Operating result€161k-€229k▲ 42.0%€201k▼ 12.1%€260k▲ 29.2%€223k▼ 14.4%
2021: €161klowest in 5 years
2022: €229k▲ +42.0% vs 2021
2023: €201k▼ -12.1% vs 2022
2024: €260k▲ +29.2% vs 2023highest in 5 years
2025: €223k▼ -14.4% vs 2024
Net result€126k-€176k▲ 40.2%€155k▼ 12.0%€194k▲ 24.9%€168k▼ 13.3%
2021: €126klowest in 5 years
2022: €176k▲ +40.2% vs 2021
2023: €155k▼ -12.0% vs 2022
2024: €194k▲ +24.9% vs 2023highest in 5 years
2025: €168k▼ -13.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €819k
Fixed assets
€89k ▲ 203%
Current assets
€731k ▲ 23.3%
Equity and liabilities €819k
Equity
€194k ▼ 63.1%
Debt
€625k ▲ 556%
Debt's share of the balance-sheet total rises from 15.3% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€230k▼
2024 · €283k
Cash flow
€176k▼
2024 · €217k
Current ratio
1.25▼
2024 · 6.22
Debt to equity
3.21▲
2024 · 0.18
ROE
86.3%▲
2024 · 36.8%
ROA
20.5%▼
2024 · 31.1%
Interest coverage
548.26▼
2024 · 1280.82
Debt ≤ 1 year
€586k▲
2024 · €95k
Debt > 1 year
€39k
Income taxes
€54k▼
2024 · €66k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€622k€819k▲
Fixed assets21/28€29k€89k▲
Tangible fixed assets22/27€29k€89k▲
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€15k€67k▲
Other tangible fixed assets26€9k€20k▲
Current assets29/58€593k€731k▲
Amounts receivable within one year40/41€116k€23k▼
Trade receivables40€107k€8k▼
Other amounts receivable41€9k€15k▲
Cash at bank and in hand54/58€468k€707k▲
Deferred charges and accrued income490/1€9k€479▼
Equity and liabilities
Total equity and liabilities10/49€622k€819k▲
Equity10/15€527k€194k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€507k€174k▼
Amounts payable17/49€95k€625k▲
Amounts payable after more than one year17-€39k
Financial debts170/4-€39k
Amounts payable within one year42/48€95k€586k▲
Current portion of amounts payable after more than one year42€0€9k▲
Trade debts44€10k€2k▼
Suppliers440/4€10k€2k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€16k€75k▲
Taxes450/3€16k€75k▲
Other amounts payable47/48€69k€497k▲
Accrued charges and deferred income492/3€36€25▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€8k▼
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€285k€232k▼
Operating profit (loss)9901€260k€223k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€221€420▲
Recurring financial charges65€221€420▲
Profit (loss) for the period before taxes9903€260k€222k▼
Income taxes67/77€66k€54k▼
Profit (loss) for the period9904€194k€168k▼
Profit (loss) for the period to be appropriated9905€194k€168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€654k€674k▲
Profit (loss) brought forward from the previous period14P€460k€507k▲
Transfer from equity791/2€0-
Profit to be distributed694/7€147k€500k▲
Return on contributions (dividend)694€147k€500k▲
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €24k | €23k | €23k | €8k | ▼ 66.7% |
| Other operating charges640/8 | €983 | €965 | €1k | €1k | €1k | ▼ 2.2% |
| Non-recurring operating charges66A | - | - | €400 | €0 | - | - |
| Gross operating margin9900 | €183k | €253k | €226k | €285k | €232k | ▼ 18.6% |
| Operating profit (loss)9901 | €161k | €229k | €201k | €260k | €223k | ▼ 14.4% |
| Financial income75/76B | €0 | €0 | €9 | €0 | €1 | - |
| Recurring financial income75 | €0 | €0 | €9 | €0 | €1 | - |
| Financial charges65/66B | €551 | €396 | €408 | €221 | €420 | ▲ 89.9% |
| Recurring financial charges65 | €551 | €396 | €408 | €221 | €420 | ▲ 89.9% |
| Profit (loss) for the period before taxes9903 | €161k | €228k | €201k | €260k | €222k | ▼ 14.5% |
| Income taxes67/77 | €35k | €52k | €46k | €66k | €54k | ▼ 18.0% |
| Profit (loss) for the period9904 | €126k | €176k | €155k | €194k | €168k | ▼ 13.3% |
| Profit (loss) for the period to be appropriated9905 | €126k | €176k | €155k | €194k | €168k | ▼ 13.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €517k | €707k | €624k | €622k | €819k | ▲ 31.8% |
| Fixed assets21/28 | €78k | €62k | €36k | €29k | €89k | ▲ 203% |
| Tangible fixed assets22/27 | €78k | €62k | €36k | €29k | €89k | ▲ 203% |
| Plant, machinery and equipment23 | €6k | €3k | €757 | €5k | €2k | ▼ 55.0% |
| Furniture and vehicles24 | €63k | €46k | €25k | €15k | €67k | ▲ 337% |
| Other tangible fixed assets26 | €9k | €14k | €10k | €9k | €20k | ▲ 111% |
| Current assets29/58 | €440k | €645k | €589k | €593k | €731k | ▲ 23.3% |
| Amounts receivable within one year40/41 | €60k | €50k | €83k | €116k | €23k | ▼ 80.4% |
| Trade receivables40 | €59k | €49k | €74k | €107k | €8k | ▼ 92.9% |
| Other amounts receivable41 | €810 | €2k | €9k | €9k | €15k | ▲ 74.4% |
| Cash at bank and in hand54/58 | €376k | €591k | €502k | €468k | €707k | ▲ 51.2% |
| Deferred charges and accrued income490/1 | €3k | €4k | €3k | €9k | €479 | ▼ 94.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €517k | €707k | €624k | €622k | €819k | ▲ 31.8% |
| Equity10/15 | €390k | €566k | €480k | €527k | €194k | ▼ 63.1% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €370k | €546k | €460k | €507k | €174k | ▼ 65.6% |
| Amounts payable17/49 | €127k | €141k | €144k | €95k | €625k | ▲ 556% |
| Amounts payable after more than one year17 | €18k | €9k | - | - | €39k | - |
| Financial debts170/4 | €18k | €9k | - | - | €39k | - |
| Amounts payable within one year42/48 | €110k | €131k | €144k | €95k | €586k | ▲ 515% |
| Current portion of amounts payable after more than one year42 | €9k | €9k | €9k | €0 | €9k | - |
| Trade debts44 | €5k | €9k | €5k | €10k | €2k | ▼ 82.4% |
| Suppliers440/4 | €5k | €9k | €5k | €10k | €2k | ▼ 82.4% |
| Advances received on contracts in progress46 | - | - | - | - | €3k | - |
| Taxes, remuneration and social security45 | €35k | €52k | €64k | €16k | €75k | ▲ 361% |
| Taxes450/3 | €35k | €52k | €64k | €16k | €75k | ▲ 361% |
| Other amounts payable47/48 | €61k | €60k | €66k | €69k | €497k | ▲ 619% |
| Accrued charges and deferred income492/3 | €20 | €2k | €114 | €36 | €25 | ▼ 31.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €126k | €176k | €155k | €194k | €168k | ▼ 13.3% |
| + Depreciation and write-downs630 | €21k | €24k | €23k | €23k | €8k | ▼ 66.7% |
| Operating cash flow (approximation) | €147k | €200k | €178k | €217k | €176k | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | €-8k | €3k | €-17k | €-67k | ▼ 294% |
| Change in cash | - | €214k | €-89k | €-34k | €240k | ▲ 801% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €500kEq €527k ▲9.7%
5 profitable years in a row build equity to €527k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €566k ▲45.2%
3 profitable years in a row build equity to €566k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €126k ▼48.6%
Net result drops to €126k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 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, Lievegem · 1 establishment unit since 2019
Ground area
1,475 m²
Building footprint
489 m²
Volume, LiDAR
1,892 m³
Parcel 44080D1160/00C000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EBC²
since 20192.295.988.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D1160/00C000 | Flanders | 1,475 m² | 1 · 489 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,149 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
Founded10-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
01430Raising of horses and other equines
46232Wholesale trade
64210Activities of holding companies
96999Other personal services
Scores and ratios are computed by Checked and are not a credit decision.