EC FACILITY SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of EC FACILITY SERVICES is 2.4% (moderate). The 2024 annual accounts show equity of €60,908 and a net result of €41,682. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 1077 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability89▲+17
Solvency48▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.94 in 2023; short-term debt: 76% and cash: 12.6% of total assets), and 76.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
23.1%
Return on assets
15.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
30 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, abbreviated schema
Equity
€60,908▲ 13.0%
2023 · €53,887
Total assets
€263,182▲ 1.8%
2023 · €258,555
Net result
€41,682▲ 449%
2023 · €7,588
Working capital
€15,845
2023 · -€10,945
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
Line2021202220232024
Operating result€58,214-€2,357▼ 96.0%€18,846▲ 700%€51,485▲ 173%
Net result€43,372--€3,274€7,588€41,682▲ 449%
Equity€49,572-€46,299▼ 6.6%€53,887▲ 16.4%€60,908▲ 13.0%
Total assets€205,064-€291,601▲ 42.2%€258,555▼ 11.3%€263,182▲ 1.8%
Debt€155,492-€245,302▲ 57.8%€204,668▼ 16.6%€202,275▼ 1.2%
Working capital€13,513--€37,022-€10,945▲ 70.4%€15,845
Staff (FTE)14.9-21.6▲ 45.0%20.8▼ 3.7%15.3▼ 26.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 173% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €263,182
Fixed assets
€47,430 ▼ 36.1%
Current assets
€215,752 ▲ 17.0%
Equity and liabilities €263,182
Equity
€60,908 ▲ 13.0%
Debt
€202,275 ▼ 1.2%
Debt's share of the balance-sheet total falls from 79.2% to 76.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83,509▲
2023 · €56,121
Cash flow
€73,707▲
2023 · €44,863
Current ratio
1.08▲
2023 · 0.94
Debt to equity
3.32▼
2023 · 3.80
ROE
68.4%▲
2023 · 14.1%
ROA
15.8%▲
2023 · 2.9%
Interest coverage
14.12▲
2023 · 6.87
Debt ≤ 1 year
€199,907▲
2023 · €195,286
Debt > 1 year
€2,367▼
2023 · €9,381
Income taxes
€3,888▲
2023 · €3,359
Staff costs
€531,306▼
2023 · €890,447
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €478,680 | €817,702 | €890,447 | €531,306 | ▼ 40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,130 | €20,761 | €37,275 | €32,024 | ▼ 14.1% |
| Other operating charges640/8 | €33,522 | €22,642 | €2,094 | €2,172 | ▲ 3.7% |
| Gross operating margin9900 | €586,546 | €863,462 | €948,663 | €616,987 | ▼ 35.0% |
| Operating profit (loss)9901 | €58,214 | €2,357 | €18,846 | €51,485 | ▲ 173% |
| Financial income75/76B | €23 | €169 | €272 | €1 | ▼ 99.6% |
| Recurring financial income75 | €23 | €169 | €272 | €1 | ▼ 99.6% |
| Financial charges65/66B | €2,647 | €3,363 | €8,171 | €5,915 | ▼ 27.6% |
| Recurring financial charges65 | €2,647 | €3,363 | €8,171 | €5,915 | ▼ 27.6% |
| Profit (loss) for the period before taxes9903 | €55,591 | -€838 | €10,947 | €45,571 | ▲ 316% |
| Income taxes67/77 | €12,218 | €2,436 | €3,359 | €3,888 | ▲ 15.8% |
| Profit (loss) for the period9904 | €43,372 | -€3,274 | €7,588 | €41,682 | ▲ 449% |
| Profit (loss) for the period to be appropriated9905 | €43,372 | -€3,274 | €7,588 | €41,682 | ▲ 449% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €205,064 | €291,601 | €258,555 | €263,182 | ▲ 1.8% |
| Fixed assets21/28 | €59,080 | €99,585 | €74,213 | €47,430 | ▼ 36.1% |
| Intangible fixed assets21 | €49,039 | €92,206 | €54,931 | €32,346 | ▼ 41.1% |
| Tangible fixed assets22/27 | €10,041 | €7,379 | €19,282 | €12,234 | ▼ 36.6% |
| Plant, machinery and equipment23 | €8,339 | €4,733 | €13,137 | €9,504 | ▼ 27.7% |
| Furniture and vehicles24 | €1,701 | €2,646 | €6,145 | €2,730 | ▼ 55.6% |
| Financial fixed assets28 | - | - | - | €2,850 | - |
| Current assets29/58 | €145,985 | €192,016 | €184,342 | €215,752 | ▲ 17.0% |
| Amounts receivable within one year40/41 | €139,056 | €147,384 | €173,202 | €176,960 | ▲ 2.2% |
| Trade receivables40 | €133,321 | €127,850 | €159,386 | €129,234 | ▼ 18.9% |
| Other amounts receivable41 | €5,736 | €19,534 | €13,816 | €47,726 | ▲ 245% |
| Cash at bank and in hand54/58 | €797 | €43,026 | €10,716 | €33,187 | ▲ 210% |
| Deferred charges and accrued income490/1 | €6,131 | €1,606 | €423 | €5,605 | ▲ 1,224% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €205,064 | €291,601 | €258,555 | €263,182 | ▲ 1.8% |
| Equity10/15 | €49,572 | €46,299 | €53,887 | €60,908 | ▲ 13.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €43,372 | €40,099 | €47,687 | €54,708 | ▲ 14.7% |
| Distributable reserves133 | €43,372 | €40,099 | €47,687 | €54,708 | ▲ 14.7% |
| Amounts payable17/49 | €155,492 | €245,302 | €204,668 | €202,275 | ▼ 1.2% |
| Amounts payable after more than one year17 | €23,020 | €16,264 | €9,381 | €2,367 | ▼ 74.8% |
| Financial debts170/4 | €23,020 | €16,264 | €9,381 | €2,367 | ▼ 74.8% |
| Amounts payable within one year42/48 | €132,472 | €229,038 | €195,286 | €199,907 | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | €6,631 | €6,756 | €23,243 | €28,277 | ▲ 21.7% |
| Trade debts44 | €25,127 | €112,060 | €66,158 | €98,287 | ▲ 48.6% |
| Suppliers440/4 | €25,127 | €112,060 | €66,158 | €98,287 | ▲ 48.6% |
| Taxes, remuneration and social security45 | €45,488 | €105,241 | €89,628 | €70,622 | ▼ 21.2% |
| Taxes450/3 | €15,674 | €10,296 | €14,414 | €14,103 | ▼ 2.2% |
| Remuneration and social security454/9 | €29,814 | €94,945 | €75,214 | €56,519 | ▼ 24.9% |
| Other amounts payable47/48 | €55,226 | €4,982 | €16,258 | €2,721 | ▼ 83.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,372 | -€3,274 | €7,588 | €41,682 | ▲ 449% |
| + Depreciation and write-downs630 | €16,130 | €20,761 | €37,275 | €32,024 | ▼ 14.1% |
| Operating cash flow (approximation) | €59,502 | €17,487 | €44,863 | €73,707 | ▲ 64.3% |
| Investment in fixed assets (approximation) | - | -€61,267 | -€11,903 | -€5,241 | ▲ 56.0% |
| Change in cash | - | €42,229 | -€32,310 | €22,471 | ▲ 170% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €7,588
Net result €7,588 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet -€3,274
Net result drops to -€3,274, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 2020
Ground area
4,296 m²
Building footprint
1,874 m²
Volume, LiDAR
8,870 m³
2 parcels, Flanders · tallest building 52.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EC FACILITY SERVICES
since 20202.312.908.382
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31424B0551/00N000 | Flanders | 3,964 m² | 1 · 1,696 m² | 52.5 m · 1 fl. |
| 31425C0355/00M000 | Flanders | 332 m² | 1 · 178 m² | 11.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 29,734 EUR awarded · 29,734 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,937 EUR | 7,937 EUR |
| 2024 | 1 | 2,767 EUR | 2,767 EUR |
| 2023 | 2 | 9,361 EUR | 19,030 EUR |
| 2022 | 1 | 9,669 EUR | 0 EUR |
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Of 7,361 companies in sector 81210 we hold annual accounts for 2,732. 2,234 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
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.