EC TERRASSEMENT
ActiveSummary
The computed 12-month bankruptcy probability of EC TERRASSEMENT is 2.1% (moderate). The 2025 annual accounts show equity of €264,450 and a net result of €11,765. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 28281 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+4
Solvency79▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.71 in 2024; short-term debt: 38.7% and cash: 20.7% of total assets), and 46.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
53.5%
Return on assets
2.4%
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 30-03-2026, 123 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
123 d early
2024
122 d early
2023
120 d early
2022
63 d late
2022
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 67 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 2 April (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€264,450▲ 4.7%
2024 · €252,685
Total assets
€493,864▼ 9.8%
2024 · €547,253
Net result
€11,765
2024 · -€5,229
Working capital
-€29,938▲ 52.4%
2024 · -€62,952
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222022202320242025
Operating result€29,301-€21,598-€39,160▲ 81.3%-€1,304€14,738
Net result€23,053within the sector's middle half-€22,329within the sector's middle half-€28,532within the sector's middle half▲ 27.8%-€5,229below the sector's middle half€11,765within the sector's middle half
Equity€207,053above the sector's middle half-€229,382above the sector's middle half-€257,914above the sector's middle half▲ 12.4%€252,685above the sector's middle half▼ 2.0%€264,450above the sector's middle half▲ 4.7%
Total assets€557,250above the sector's middle half-€564,559above the sector's middle half-€522,231above the sector's middle half▼ 7.5%€547,253above the sector's middle half▲ 4.8%€493,864above the sector's middle half▼ 9.8%
Debt€350,197-€335,177-€264,317▼ 21.1%€294,568▲ 11.4%€229,414▼ 22.1%
Working capital-€58,495below the sector's middle half--€82,135below the sector's middle half--€70,705below the sector's middle half▲ 13.9%-€62,952below the sector's middle half▲ 11.0%-€29,938below the sector's middle half▲ 52.4%
Solvency37.2%within the sector's middle half-40.6%within the sector's middle half-49.4%within the sector's middle half▲ 8.8pp46.2%within the sector's middle half▼ 3.2pp53.5%within the sector's middle half▲ 7.4pp
Current ratio0.75below the sector's middle half-0.68below the sector's middle half-0.67below the sector's middle half▼ 0.010.71below the sector's middle half▲ 0.040.84below the sector's middle half▲ 0.13
Return on assets (ROA)4.1%within the sector's middle half-4.0%within the sector's middle half-5.5%within the sector's middle half▲ 1.5pp-1.0%below the sector's middle half▼ 6.4pp2.4%within the sector's middle half▲ 3.3pp
Staff (FTE)1-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €493,864
Fixed assets
€332,911 ▼ 15.5%
Current assets
€160,953 ▲ 5.0%
Equity and liabilities €493,864
Equity
€264,450 ▲ 4.7%
Debt
€229,414 ▼ 22.1%
Debt's share of the balance-sheet total falls from 53.8% to 46.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107,855▲
2024 · €85,786
Cash flow
€104,882▲
2024 · €81,861
Debt to equity
0.87▼
2024 · 1.17
ROE
4.4%▲
2024 · -2.1%
Interest coverage
36.21▲
2024 · 9.79
Debt ≤ 1 year
€190,891▼
2024 · €216,194
Debt > 1 year
€38,523▼
2024 · €78,374
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,640 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
3.6%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,640 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
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,628 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,306 | €21,916 | €92,786 | €87,090 | €93,117 | ▲ 6.9% |
| Other operating charges640/8 | €5,339 | €346 | €2,421 | €1,019 | €1,039 | ▲ 2.0% |
| Non-recurring operating charges66A | €31,000 | €5,130 | €6,882 | - | - | - |
| Gross operating margin9900 | €157,574 | €48,990 | €141,249 | €86,805 | €108,894 | ▲ 25.4% |
| Operating profit (loss)9901 | €29,301 | €21,598 | €39,160 | -€1,304 | €14,738 | ▲ 1,230% |
| Financial income75/76B | €23 | €245 | €282 | €4,929 | €6 | ▼ 99.9% |
| Recurring financial income75 | €23 | €245 | €282 | €102 | €6 | ▼ 94.1% |
| Non-recurring financial income76B | - | - | - | €4,827 | - | - |
| Financial charges65/66B | €2,486 | €584 | €1,434 | €8,764 | €2,979 | ▼ 66.0% |
| Recurring financial charges65 | €2,486 | €584 | €1,434 | €8,764 | €2,979 | ▼ 66.0% |
| Profit (loss) for the period before taxes9903 | €26,838 | €21,259 | €38,008 | -€5,139 | €11,765 | ▲ 329% |
| Income taxes67/77 | €3,785 | -€1,070 | €9,476 | €90 | - | - |
| Profit (loss) for the period9904 | €23,053 | €22,329 | €28,532 | -€5,229 | €11,765 | ▲ 325% |
| Profit (loss) for the period to be appropriated9905 | €23,053 | €22,329 | €28,532 | -€5,229 | €11,765 | ▲ 325% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €557,250 | €564,559 | €522,231 | €547,253 | €493,864 | ▼ 9.8% |
| Fixed assets21/28 | €381,805 | €388,741 | €379,833 | €394,011 | €332,911 | ▼ 15.5% |
| Intangible fixed assets21 | €158,844 | €154,344 | €136,344 | €118,344 | €100,344 | ▼ 15.2% |
| Tangible fixed assets22/27 | €222,961 | €234,397 | €243,489 | €275,667 | €232,567 | ▼ 15.6% |
| Plant, machinery and equipment23 | €69,452 | €62,323 | €79,365 | €17,021 | €6,253 | ▼ 63.3% |
| Furniture and vehicles24 | €75,297 | €98,817 | €97,166 | €212,915 | €201,809 | ▼ 5.2% |
| Leasing and similar rights25 | €78,212 | €73,257 | €53,438 | €33,618 | €13,799 | ▼ 59.0% |
| Other tangible fixed assets26 | - | - | €13,520 | €12,113 | €10,706 | ▼ 11.6% |
| Current assets29/58 | €175,445 | €175,818 | €142,398 | €153,242 | €160,953 | ▲ 5.0% |
| Amounts receivable within one year40/41 | €38,303 | €155,075 | €113,276 | €96,792 | €55,633 | ▼ 42.5% |
| Trade receivables40 | €21,914 | €144,873 | €109,306 | €95,953 | €40,761 | ▼ 57.5% |
| Other amounts receivable41 | €16,389 | €10,202 | €3,970 | €839 | €14,872 | ▲ 1,673% |
| Cash at bank and in hand54/58 | €137,142 | €20,265 | €24,426 | €55,886 | €102,238 | ▲ 82.9% |
| Deferred charges and accrued income490/1 | - | €478 | €4,696 | €564 | €3,082 | ▲ 446% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €557,250 | €564,559 | €522,231 | €547,253 | €493,864 | ▼ 9.8% |
| Equity10/15 | €207,053 | €229,382 | €257,914 | €252,685 | €264,450 | ▲ 4.7% |
| Contributions10/11 | €184,000 | €184,000 | €184,000 | €184,000 | €184,000 | = |
| Profit (loss) carried forward14 | €23,053 | €45,382 | €73,914 | €68,685 | €80,450 | ▲ 17.1% |
| Amounts payable17/49 | €350,197 | €335,177 | €264,317 | €294,568 | €229,414 | ▼ 22.1% |
| Amounts payable after more than one year17 | €116,257 | €77,224 | €51,214 | €78,374 | €38,523 | ▼ 50.8% |
| Financial debts170/4 | €116,257 | €77,224 | €51,214 | €78,374 | €38,523 | ▼ 50.8% |
| Amounts payable within one year42/48 | €233,940 | €257,953 | €213,103 | €216,194 | €190,891 | ▼ 11.7% |
| Current portion of amounts payable after more than one year42 | €9,142 | €39,032 | €30,335 | €41,703 | €39,851 | ▼ 4.4% |
| Trade debts44 | €46,706 | €44,673 | €20,464 | €15,116 | €11,748 | ▼ 22.3% |
| Suppliers440/4 | €46,706 | €44,673 | €20,464 | €15,116 | €11,748 | ▼ 22.3% |
| Taxes, remuneration and social security45 | €6,585 | €5,515 | €8,300 | €9,455 | - | - |
| Taxes450/3 | €3,785 | €2,715 | €8,300 | €9,455 | - | - |
| Remuneration and social security454/9 | €2,800 | €2,800 | - | - | - | - |
| Other amounts payable47/48 | €171,507 | €168,733 | €154,004 | €149,920 | €139,292 | ▼ 7.1% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,053 | €22,329 | €28,532 | -€5,229 | €11,765 | ▲ 325% |
| + Depreciation and write-downs630 | €81,306 | €21,916 | €92,786 | €87,090 | €93,117 | ▲ 6.9% |
| Operating cash flow (approximation) | €104,359 | €44,245 | €121,318 | €81,861 | €104,882 | ▲ 28.1% |
| Investment in fixed assets (approximation) | - | - | -€83,878 | -€101,268 | -€32,017 | ▲ 68.4% |
| Change in cash | - | - | €4,161 | €31,460 | €46,352 | ▲ 47.3% |
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €11,765
Net result €11,765 after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€5,229
Net result drops to -€5,229, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €28,532 ▲27.8%
Operating result €39,160, net result €28,532, both a record.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Profondeville · 1 establishment unit since 2021
Ground area
968 m²
Building footprint
90 m²
Volume, LiDAR
585 m³
Parcel 92079B0017/00N000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EC TERRASSEMENT
since 20212.319.978.791
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92079B0017/00N000 | Wallonia | 968 m² | 1 · 90 m² | 8.8 m · 2 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 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,493 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
Founded29-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43211General electrical installation work
43212Electrical installation work in industrial facilities
43230Insulation installation
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0771848596
Also
9925:BE0771848596
Registered
25-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.