ECAA
Annual accounts 2024
micro format, filed on 03-10-2025, 64 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €33,000. Estimated: probably between €16,000 and €59,000.
Balance sheet
balance sheet total €45,418 on 31-12-2024in euro
Position in the sector
19.9%
Higher than 26% of 4,285 companies in 2024.
0.94
Higher than 23% of 4,125 companies in 2024.
-40.5%
Higher than 6% of 4,160 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
45,418 | 74,539 | 50,950 | 89,684 | 89,251 | 107,855 | 104,020 | 99,287 | 69,735 | 30,863 | 24,630 | |
21/28 |
11,204 | 13,246 | 22,861 | 38,240 | 50,226 | 48,355 | 66,135 | 57,272 | 46,934 | 19,611 | 17,984 | |
22/27 |
5,204 | 7,246 | 16,861 | 32,240 | 45,576 | 41,205 | 61,485 | 57,272 | 46,934 | 19,611 | 17,984 | |
23 |
610 | - | 107 | 327 | 657 | 987 | 987 | - | 592 | 1,185 | - | |
24 |
1,508 | 1,738 | 8,937 | 22,502 | 30,175 | 16,680 | 29,233 | 27,545 | 27,559 | 5,744 | 10,595 | |
25 |
712 | 1,369 | 2,025 | 1,556 | - | - | - | - | - | - | - | |
26 |
2,373 | 4,139 | 5,792 | 7,855 | 11,632 | 17,295 | 21,268 | 28,070 | 16,366 | 12,683 | 7,389 | |
28 |
6,000 | 6,000 | 6,000 | 6,000 | 4,650 | 7,150 | 4,650 | - | - | - | - | |
29/58 |
34,215 | 61,294 | 28,090 | 51,444 | 39,025 | 59,501 | 37,885 | 42,015 | 22,801 | 11,251 | 6,647 | |
3 |
12,800 | 18,205 | 21,080 | 16,768 | 28,792 | 41,348 | 33,475 | 31,675 | 14,335 | 7,776 | 979 | |
30/36 |
12,800 | 18,205 | 21,080 | 16,768 | 16,292 | 13,848 | 13,600 | 14,177 | 14,335 | 7,776 | 979 | |
37 |
- | - | - | - | 12,500 | 27,500 | 19,875 | 17,498 | - | - | - | |
40/41 |
18,213 | 35,595 | 369 | 21,203 | 6,708 | 10,179 | 178 | 7,279 | 568 | 3,003 | 3,708 | |
40 |
17,142 | 35,238 | 222 | 21,057 | 6,561 | 10,179 | 178 | 7,279 | 568 | - | - | |
41 |
1,071 | 357 | 147 | 147 | 147 | - | - | - | - | 3,003 | 3,708 | |
54/58 |
- | 7,493 | 6,191 | 11,146 | 2,773 | 7,826 | 2,503 | 2,791 | 7,841 | 210 | 1,960 | |
490/1 |
3,202 | - | 451 | 2,328 | 752 | 148 | 1,730 | 270 | 58 | 262 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
45,418 | 74,539 | 50,950 | 89,684 | 89,251 | 107,855 | 104,020 | 99,287 | 69,735 | 30,863 | 24,630 | |
10/15 |
9,048 | 27,464 | 15,623 | 14,319 | 7,576 | 28,978 | 28,651 | 33,759 | 27,389 | 7,662 | 3,777 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 12,400 | 12,400 | |
13 |
830 | 830 | 830 | 830 | 830 | 830 | 830 | 830 | 473 | 73 | - | |
130/1 |
830 | 830 | 830 | 830 | 830 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 830 | 830 | 830 | 473 | 73 | - | |
1311 |
830 | 830 | 830 | 830 | 830 | - | - | - | - | - | - | |
14 |
-10,382 | 8,034 | -3,807 | -5,111 | -11,854 | 9,548 | 9,221 | 14,329 | 8,316 | 1,389 | -2,423 | |
17/49 |
36,370 | 47,075 | 35,328 | 75,365 | 81,675 | 78,878 | 75,369 | 65,528 | 42,346 | 23,201 | 20,853 | |
17 |
- | 5,132 | 12,397 | 19,507 | 29,382 | 4,874 | 10,610 | - | - | - | - | |
170/4 |
- | 5,132 | 12,397 | 19,507 | 29,382 | 4,874 | 10,610 | - | - | - | - | |
42/48 |
36,370 | 41,943 | 22,931 | 55,858 | 52,294 | 74,003 | 64,759 | 65,528 | 42,346 | 23,201 | 20,853 | |
42 |
5,132 | 7,265 | 7,110 | 9,875 | 11,622 | 5,736 | 5,590 | - | - | - | - | |
43 |
5,846 | - | - | - | - | - | - | - | - | 20,000 | 20,000 | |
430/8 |
5,846 | - | - | - | - | - | - | - | - | 20,000 | 20,000 | |
44 |
7,912 | 14,497 | 10,562 | 17,197 | 18,486 | 19,697 | 14,556 | 7,134 | 4,447 | 1,913 | 853 | |
440/4 |
7,912 | 14,497 | 10,562 | 17,197 | 18,486 | 19,697 | 14,556 | 7,134 | 4,447 | 1,913 | 853 | |
46 |
5,000 | - | - | - | - | - | - | - | - | - | - | |
45 |
8,651 | 14,636 | 4,104 | 8,262 | 5,501 | 9,262 | 6,088 | 9,769 | 6,329 | 1,288 | - | |
450/3 |
8,651 | 14,636 | 4,104 | 8,262 | 5,501 | 9,262 | 6,088 | 9,769 | 6,329 | 1,288 | - | |
47/48 |
3,828 | 5,545 | 1,156 | 20,524 | 16,685 | 39,308 | 38,524 | 48,624 | 31,570 | - | - | |
| Income statement | ||||||||||||
9900 |
5,201 | 22,662 | 16,893 | 30,642 | 9,064 | 26,301 | 22,467 | 51,680 | 33,322 | 17,957 | 14,767 | |
62 |
16,208 | - | 170 | 3,192 | - | 380 | 115 | 16,306 | 269 | - | - | |
630 |
3,464 | 3,708 | 8,389 | 16,569 | 24,850 | 20,086 | 22,705 | 19,767 | 15,612 | 8,170 | 9,365 | |
631/4 |
1,700 | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,157 | 5,626 | 5,147 | 1,920 | 3,358 | 3,539 | 3,278 | 5,134 | 6,981 | 5,284 | 8,083 | |
9901 |
-17,329 | 13,329 | 3,188 | 8,962 | -19,144 | 2,296 | -3,631 | 10,474 | 10,460 | 4,503 | -2,681 | |
75/76B |
- | 588 | - | - | - | - | - | 391 | 277 | 227 | 297 | |
75 |
- | 588 | - | - | - | - | - | 391 | 277 | 227 | 297 | |
65/66B |
1,157 | 1,954 | 1,885 | 2,219 | 2,257 | 1,778 | 1,440 | 775 | 358 | 124 | 38 | |
65 |
1,157 | 1,954 | 1,885 | 2,219 | 2,257 | 1,778 | 1,440 | 775 | 358 | 124 | 38 | |
9903 |
-18,486 | 11,962 | 1,303 | 6,743 | -21,401 | 518 | -5,070 | 10,090 | 10,379 | 4,606 | -2,423 | |
67/77 |
-70 | 120 | - | - | - | 191 | 37 | 3,720 | 3,052 | 721 | - | |
9904 |
-18,416 | 11,842 | 1,303 | 6,743 | -21,401 | 326 | -5,108 | 6,370 | 7,327 | 3,885 | -2,423 | |
9905 |
-18,416 | 11,842 | 1,303 | 6,743 | -21,401 | 326 | -5,108 | 6,370 | 7,327 | 3,885 | -2,423 | |
| Appropriation of the result | ||||||||||||
9906 |
-10,382 | 8,034 | -3,807 | -5,111 | -11,854 | 9,548 | 9,221 | 14,686 | 8,716 | 1,462 | -2,423 | |
14P |
8,034 | -3,807 | -5,111 | -11,854 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 357 | 400 | 73 | - | |
6920 |
- | - | - | - | - | - | - | 357 | 400 | 73 | - | |
| Social balance sheet | ||||||||||||
9087 |
- | - | - | - | - | - | - | 1 | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | 1,170 | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 03-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 64 days after the deadline. Filed on 3 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00537452.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 03-10-2025 | 2025-00537452 | |
| 31-12-2023 | micro format | 24-09-2024 | 2024-00469667 | |
| 31-12-2022 | micro format | 21-09-2023 | 2023-00451659 | |
| 31-12-2021 | micro format | 10-10-2022 | 2022-20455534 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69000562 | |
| 31-12-2019 | micro format | 05-10-2020 | 2020-58800081 | |
| 31-12-2018 | micro format | 13-09-2019 | 2019-64300004 | |
| 31-12-2017 | micro format | 11-06-2018 | 2018-17500589 | |
| 31-12-2016 | full format | 30-06-2017 | 2017-24400589 | |
| 31-12-2015 | full format | 02-08-2016 | 2016-39800093 | |
| 31-12-2014 | full format | 16-07-2015 | 2015-31100274 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -13,865 | 17,037 | 11,576 | 25,530 | 5,706 | 22,382 | 19,074 | 30,240 | 26,072 | 12,673 | 6,684 | ||
| -14,952 | 15,550 | 9,692 | 23,312 | 3,448 | 20,412 | 17,597 | 26,136 | 22,939 | 12,055 | 6,943 | ||
| 1,422 | 1,490 | 10,365 | 4,582 | 29,221 | 5,073 | 31,567 | 34,905 | 48,435 | 12,926 | 26,049 | ||
| - | 1,302 | -4,955 | 8,372 | -5,052 | 5,323 | -288 | -5,050 | 7,630 | -1,750 | - | ||
| -2,155 | 19,351 | 5,159 | -4,414 | -13,268 | -14,503 | -26,874 | -23,513 | -19,545 | -11,949 | -14,206 | ||
| 19.9% | 36.8% | 30.7% | 16.0% | 8.5% | 26.9% | 27.5% | 34.0% | 39.3% | 24.8% | 15.3% | ||
| 0.94 | 1.46 | 1.22 | 0.92 | 0.75 | 0.80 | 0.59 | 0.64 | 0.54 | 0.48 | 0.32 | ||
| 0.59 | 1.03 | 0.31 | 0.62 | 0.20 | 0.25 | 0.07 | 0.16 | 0.20 | 0.15 | 0.27 | ||
| 4.02 | 1.71 | 2.26 | 5.26 | 10.78 | 2.72 | 2.63 | 1.94 | 1.55 | 3.03 | 5.52 | ||
| -203.5% | 43.1% | 8.3% | 47.1% | -282.5% | 1.1% | -17.8% | 18.9% | 26.8% | 50.7% | -64.1% | ||
| -40.5% | 15.9% | 2.6% | 7.5% | -24.0% | 0.3% | -4.9% | 6.4% | 10.5% | 12.6% | -9.8% | ||
| -11.99 | 8.72 | 6.14 | 11.51 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €1,422 | €1,490 | €10,365 | €3,232 |
| Financial fixed assets | - | - | - | €1,350 |
| €3,464 | €3,708 | €8,389 | €16,569 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on ECAA
The operating result for 2024 is a loss of €17,329, after a profit of €13,329 in 2023. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 63.2% to 80.1%. Equity and debt are lower.