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EC Trade

Open bankruptcy
Private limited company (pre-2019)founded 2009Rue de la Station(OB) 56, 6230 Pont-à-Celles, BelgiumKBO/BCE: BE 0820.235.859

A bankruptcy procedure is open for EC Trade according to publications in the Belgian State Gazette; curator: KARL DE RIDDER.

Summary

The 2021 annual accounts show equity of €275k and a net result of €14k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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

Financials · fiscal year 2021, micro schema

Equity
€275k▲ 5.4%
2020 · €260k
2018: €267k 2019: €274k 2020: €260k
2018 → 2021
Total assets
€486k▼ 10.6%
2020 · €543k
2018: €349k 2019: €507k 2020: €543k
2018 → 2021
Net result
€14k
2020 · €-14k
2018: €18k 2019: €7k 2020: €-14k
2018 → 2021
Working capital
€274k▲ 5.4%
2020 · €260k
2018: €267k 2019: €274k 2020: €260k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€267k-€274k▲ 2.6%€260k▼ 5.1%€275k▲ 5.4%
Operating result€10k-€-839€-10k▼ 1,075%€-3k▲ 65.8%
Net result€18k-€7k▼ 61.0%€-14k€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2018: €10k€10kNet result 2018: €18k€18kOperating result 2019: €-839€-839Net result 2019: €7k€7kOperating result 2020: €-10k€-10kNet result 2020: €-14k€-14kOperating result 2021: €-3k€-3kNet result 2021: €14k€14k2018201920202021€-20k€-10k€0€10kOperating result 2019: €-839€-839Net result 2019: €7k€7kOperating result 2020: €-10k€-9.9kNet result 2020: €-14k€-14kOperating result 2021: €-3k€-3.4kNet result 2021: €14k€14k201920202021
The operating result stays negative: a loss of €3k in 2021 against €10k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €486k
Fixed assets €665 =
Current assets €485k ▼ 10.6%
Equity and liabilities €486k
Equity €275k ▲ 5.4%
Debt €211k ▼ 25.4%
Debt's share of the balance-sheet total falls from 52.1% to 43.5%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
Current ratio
2.30
2020 · 1.92
Quick ratio
2.21
2020 · 1.85
Debt to equity
0.77
2020 · 1.09
ROE
5.1%
2020 · -5.4%
ROA
2.9%
2020 · -2.6%
Debt ≤ 1 year
€211k
2020 · €283k
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 · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€543k€486k
Fixed assets21/28€665€665=
Financial fixed assets28€665€665=
Current assets29/58€543k€485k
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€523k€465k
Trade receivables40-€36k
Other amounts receivable41€523k€430k
Deferred charges and accrued income490/1€1k€873
Equity and liabilities
Total equity and liabilities10/49€543k€486k
Equity10/15€260k€275k
Contributions10/11€50k€50k=
Capital10€50k-
Issued capital100€50k-
Reserves13€19k€19k=
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k-
Reserves not available under the articles1311-€5k
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€192k€206k
Amounts payable17/49€283k€211k
Amounts payable within one year42/48€283k€211k
Trade debts44€271k€201k
Suppliers440/4€271k€201k
Taxes, remuneration and social security45€12k€10k
Taxes450/3€12k€10k
Income statement Code20202021
Remuneration, social security and pensions62€121-
Other operating charges640/8€43k€1k
Gross operating margin9900€34k€-2k
Operating profit (loss)9901€-10k€-3k
Financial income75/76B-€26k
Recurring financial income75-€26k
Financial charges65/66B€4k€9k
Recurring financial charges65€4k€9k
Profit (loss) for the period before taxes9903€-14k€14k
Profit (loss) for the period9904€-14k€14k
Profit (loss) for the period to be appropriated9905€-14k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€192k€206k
Profit (loss) brought forward from the previous period14P€206k€192k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2024
17-06
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · EC TRADE SPRL RUE DE LA STATION 56, 6230 PONT-A-CELLES · event 10-06-2024
2023
22-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 418 days late
07-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 584 days late
2022
16-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 685 days late
2021
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
2020
31-12
Financial Weakest financial yearnet €-14k ▼299%
Net result drops to €-14k, the lowest in the series.
2019
28-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
06-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 218 days late
2018
19-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 506 days late
06-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 858 days late
2015
19-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 19 days late
2014
26-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
05-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Pont-à-Celles · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Rue de la Station(OB) 566230 Pont-à-Celles
Ground area
546 m²
Building footprint
43 m²
Parcel 52051C0277/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
EC Trade
Rue de la Station(OB) 56, 6230 Pont-à-CellesWholesale trade
since 20092.183.313.612
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52051C0277/00P000 Wallonia 545 m² 1 · 43 m² -
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator KARL DE RIDDER
RUE DU PARC 49, 6000 CHAR- LEROI- . Date provisoire de cessation de paiement : 10/06/2024
10-06-2024present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Pont-à-Celles2.183.313.612
1 permission
Trader · since 01-03-2011

Similar companies · same sector, comparable size

Of 1,228 companies in sector 46851 we hold annual accounts for 516. 310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded02-11-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

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

Contact details

1 entry
Phone:0475/61.97.96
Establishment Pont-à-Celles 2.183.313.612