EC-CONCEPT
ActiveEC-CONCEPT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €11k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency4=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.55 in 2024), and 93.7% 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
6.3%
Return on assets
5.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11185 sector peers (2025).
NBB · sector comparisonPosition among 11185 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 d late
2024
6 d late
2023
37 d early
2022
28 d late
2021
34 d early
2020
33 d early
2019
23 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▲ 18.5%
2024 · €10k
2018: €26k
2019: €30k
2020: €39k
2021: €46k
2022: €42k
2023: €34k
2024: €10k
2018 → 2025
Total assets
€185k▼ 6.3%
2024 · €197k
2018: €236k
2019: €228k
2020: €228k
2021: €233k
2022: €227k
2023: €217k
2024: €197k
2018 → 2025
Net result
€11k
2024 · €-5k
2018: €805
2019: €4k
2020: €9k
2021: €7k
2022: €-4k
2023: €-8k
2024: €-5k
2018 → 2025
Working capital
€-34k▼ 5.2%
2024 · €-32k
2018: €10k
2019: €11k
2020: €15k
2021: €19k
2022: €13k
2023: €-5k
2024: €-32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€42k▼ 8.8%€34k▼ 19.8%€10k▼ 70.8%€12k▲ 18.5%
Operating result€13k-€-3k€-5k▼ 118%€-2k▲ 62.7%€14k
Net result€7k-€-4k€-8k▼ 105%€-5k▲ 44.5%€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €2k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€152k▼ 4.3%
Current assets
€33k▼ 14.5%
Equity and liabilities €185k
Equity
€12k▲ 18.5%
Debt
€173k▼ 7.6%
The debt ratio falls from 95.0% to 93.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€21k▲
2024 · €5k
Cash flow
€18k▲
2024 · €2k
Solvency
6.3%▲
2024 · 5.0%
Current ratio
0.49▼
2024 · 0.55
Quick ratio
0.49▼
2024 · 0.55
Debt / equity
14.75▼
2024 · 18.93
ROE
92.4%▲
2024 · -47.1%
ROA
5.9%▲
2024 · -2.4%
Interest coverage
4.70▲
2024 · 1.20
Debt
€173k▼
2024 · €187k
Debt ≤ 1 year
€67k▼
2024 · €71k
Debt > 1 year
€104k▼
2024 · €114k
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€197k€185k▼
Fixed assets21/28€159k€152k▼
Tangible fixed assets22/27€159k€152k▼
Land and buildings22€156k€151k▼
Furniture and vehicles24€3k€966▼
Other tangible fixed assets26€235-
Current assets29/58€39k€33k▼
Amounts receivable after more than one year29€31k€25k▼
Other amounts receivable291€31k€25k▼
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40-€6k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€2k€983▼
Deferred charges and accrued income490/1€988€1k▲
Equity and liabilities
Total equity and liabilities10/49€197k€185k▼
Equity10/15€10k€12k▲
Contributions10/11€6k€6k=
Reserves13€16k€7k▼
Distributable reserves133€16k€7k▼
Profit (loss) carried forward14€-13k€-2k▲
Amounts payable17/49€187k€173k▼
Amounts payable after more than one year17€114k€104k▼
Financial debts170/4€114k€104k▼
Amounts payable within one year42/48€71k€67k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€57k€52k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€751€769▲
Gross operating margin9900€6k€22k▲
Operating profit (loss)9901€-2k€14k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-5k€11k▲
Profit (loss) for the period9904€-5k€11k▲
Profit (loss) for the period to be appropriated9905€-5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-2k▲
Profit (loss) brought forward from the previous period14P€-8k€-13k▼
Transfer from equity791/2€19k€9k▼
Profit to be distributed694/7€19k€9k▼
Return on contributions (dividend)694€19k€9k▼
The notes to these accounts (6 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
MAES Erwin Frans
CurrentStatutair bestuurder · since 23-03-2022
TEMMERMAN Christine
CurrentStatutair bestuurder · since 23-03-2022
23-03-2022
MAES Erwin Frans: Appointed as Statutair bestuurder
23-03-2022
TEMMERMAN Christine: Appointed as Statutair bestuurder
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2014
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.
Smissestraat 1059700 OudenaardeGround area
462 m²
Building footprint
136 m²
Volume, LiDAR
672 m³
Parcel 45506A0301/00K000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EC-Concept
since 20142.227.852.547
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45506A0301/00K000 | Flanders | 462 m² | 1 · 136 m² | 7.2 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.
Similar companies · same sector, comparable size
JETSTONE VERKOOP
BE 0700.188.362
Kalmthout · Eq €12k
PHYSIOCONSTRUCT
BE 0749.658.263
Kaprijke · Eq €9k
Q-TILE
BE 0758.845.351
Maldegem · Eq €15k
EDMO
BE 0899.289.572
Kortenberg · Eq €16k
FINITIONS DE STYLE
BE 0824.405.671
Bassenge · Eq €16k
Of 167 companies in sector 46835 we hold annual accounts for 112. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2014
Fiscal year end31-12
Activities, NACEBEL
46835Wholesale trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.