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EC CONSTRUCT

Active Risk: low
Private limited company (pre-2019)founded 201115 yrs activeHazelereik 6, 3700 Tongeren, BelgiumKBO/BCE: BE 0835.554.436
Summary

EC CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,791 and a net result of -€4,719. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 15 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
-36.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
18192022232425
2018 to 2025 · latest year -€4,719
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
152 d late
2023
114 d late
2022
150 d late
2020
105 d late
2019
470 d late
2018
152 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 168 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 23 November (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

EC CONSTRUCT was incorporated on 15 April 2011.1 Total assets fell from EUR 1 million in 2018 to EUR 12,791 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€12,791▼ 27.0%
2024 · €17,510
Total assets
€12,791▼ 27.0%
2024 · €17,510
Net result
-€4,719▲ 96.9%
2024 · -€153,178
Working capital
€141,791▼ 19.3%
2022 · €175,698
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202022202320242025
Operating result€234,172▲ 1,077%-€34,246--€13,147▲ 61.6%-€133,113▼ 912%-€4,719▲ 96.5%
Net result€170,672▲ 829%-€37,387--€33,538▲ 10.3%-€153,178▼ 357%-€4,719▲ 96.9%
Equity€256,053▲ 200%€204,595-€170,688▼ 16.6%€17,510▼ 89.7%€12,791▼ 27.0%
Total assets€429,544▼ 59.1%€271,178-€568,008▲ 109%€17,510▼ 96.9%€12,791▼ 27.0%
Debt€173,491▼ 82.0%€66,583-€397,320▲ 497%
Working capital€293,457▼ 57.8%€175,698-€141,791▼ 19.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2025 Net result +97% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000€200,000Operating result 2020: €234,172€234,172Net result 2020: €170,672€170,672Operating result 2022: -€34,246-€34,246Net result 2022: -€37,387-€37,387Operating result 2023: -€13,147-€13,147Net result 2023: -€33,538-€33,538Operating result 2024: -€133,113-€133,113Net result 2024: -€153,178-€153,178Operating result 2025: -€4,719-€4,719Net result 2025: -€4,719-€4,71920202022202320242025-€200,000-€150,000-€100,000-€50,000€0Operating result 2023: -€13,147-€13,100Net result 2023: -€33,538-€33,500Operating result 2024: -€133,113-€133,000Net result 2024: -€153,178-€153,000Operating result 2025: -€4,719-€4,720Net result 2025: -€4,719-€4,720202320242025
The operating result stays negative: a loss of €4,719 in 2025 against €133,113 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
100.0%=
2024 · 100.0%
ROE
-36.9%▲
2024 · -874.8%
ROA
-36.9%▲
2024 · -874.8%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.9% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,510€12,791▼
Current assets29/58€17,510€12,791▼
Amounts receivable within one year40/41-€12,791
Other amounts receivable41-€12,791
Cash at bank and in hand54/58€17,510-
Equity and liabilities
Total equity and liabilities10/49€17,510€12,791▼
Equity10/15€17,510€12,791▼
Contributions10/11€18,600€18,600=
Outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€2,950-€7,669▼
Income statement Code20242025
Gross operating margin9900-€133,113-€4,719▲
Operating profit (loss)9901-€133,113-€4,719▲
Financial charges65/66B€20,065-
Recurring financial charges65€20,065-
Profit (loss) for the period before taxes9903-€153,178-€4,719▲
Profit (loss) for the period9904-€153,178-€4,719▲
Profit (loss) for the period to be appropriated9905-€153,178-€4,719▲
Appropriation of the result
Profit (loss) to be appropriated9906-€153,178-€7,669▲
Profit (loss) brought forward from the previous period14P--€2,950
Transfer from equity791/2€150,228-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,212€12,976----
Other operating charges640/8-€2,473€1,610---
Gross operating margin9900€249,448-€18,797-€11,537-€133,113-€4,719▲ 96.5%
Operating profit (loss)9901€234,172-€34,246-€13,147-€133,113-€4,719▲ 96.5%
Financial charges65/66B-€624€20,391€20,065--
Recurring financial charges65-€624€20,391€20,065--
Profit (loss) for the period before taxes9903€234,172-€34,870-€33,538-€153,178-€4,719▲ 96.9%
Income taxes67/77€63,500€2,517----
Profit (loss) for the period9904€170,672-€37,387-€33,538-€153,178-€4,719▲ 96.9%
Profit (loss) for the period to be appropriated9905€170,672-€37,387-€33,538-€153,178-€4,719▲ 96.9%
Line20202022202320242025Change
Assets
Total assets20/58€429,544€271,178€568,008€17,510€12,791▼ 27.0%
Fixed assets21/28€62,596€28,897€28,897---
Intangible fixed assets21€2,428€0----
Tangible fixed assets22/27€60,168€28,897€28,897---
Plant, machinery and equipment23-€1,421€1,421---
Furniture and vehicles24-€27,476€27,476---
Current assets29/58€366,948€242,281€539,111€17,510€12,791▼ 27.0%
Stocks and contracts in progress3€270,000€230,730€230,730---
Stocks30/36-€230,730€230,730---
Amounts receivable within one year40/41€5,020€2,742€302,742-€12,791-
Other amounts receivable41-€2,742€302,742-€12,791-
Current investments50/53-€5,829----
Cash at bank and in hand54/58€91,928€2,980€5,639€17,510--
Equity and liabilities
Total equity and liabilities10/49€429,544€271,178€568,008€17,510€12,791▼ 27.0%
Equity10/15€256,053€204,595€170,688€17,510€12,791▼ 27.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11-€18,600€18,600€18,600€18,600=
Other1109/19-€18,600€18,600€18,600€18,600=
Reserves13€237,453€172,532€152,088€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€170,672€150,228---
Profit (loss) carried forward14€46,552€13,463--€2,950-€7,669▼ 160%
Amounts payable17/49€173,491€66,583€397,320---
Amounts payable after more than one year17€100,000-----
Amounts payable within one year42/48€73,491€66,583€397,320---
Financial debts43--€300,000---
Credit institutions430/8--€300,000---
Trade debts44€5,519€18,033€15,025---
Suppliers440/4-€18,033€15,025---
Other amounts payable47/48-€48,550€82,295---
Line20202022202320242025Change
Profit (loss) for the period9904€170,672-€37,387-€33,538-€153,178-€4,719▲ 96.9%
+ Depreciation and write-downs630€10,212€12,976----
Operating cash flow (approximation)€180,884-€24,411-€33,538-€153,178-€4,719▲ 96.9%
Investment in fixed assets (approximation)--€0---
Change in cash--€2,659€11,871--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
30-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
2024
31-12
Financial Weakest financial yearnet -€153,178
Net result drops to -€153,178, the lowest in the series; recovery starts the following year.
22-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2021
13-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 105 days late
13-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 470 days late
2020
31-12
Financial Highest result since 2018net €170,672 ▲829%
Operating result €234,172, net result €170,672, both a record.
31-12
Financial Equity above €200,000Eq €256,053 ▲200%
2 profitable years in a row build equity to €256,053.
2019
31-12
Financial Back to profitnet €18,369
Net result €18,369 after one loss-making year.
30-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 152 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 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, Tongeren
exact location from the address register On OpenStreetMap
Ground area
324 m²
Parcel 73347A0285/00F003, Flanders. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73347A0285/00F003 Flanders 324 m² - -
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded15-04-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.