Equity
-€160
Debts exceed assets in financial year 2025.
ECANRAM
Overview
Lifetime
3 annual accounts with figures on one time axispeak €24,300 (2025)
€24,300▲ 149%
lowest -€7,900 (2023)
€6,700▲ €8,210
peak -€160 (2025)
-€160▲ €6,700
€57,138▼ 23.4%
Board1 name since 2023
1 directorCANO Y RAMIREZ Eduardo
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €9,752 to €24,300Back to profit: €6,700Registered office moved from Evere to Uccle 25-11Equity from -€6,860 to -€160Debts from €74,584 to €57,138Cash from €4,783 to €2,422
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€57,138 100% of the balance sheet
Suppliers 2%Taxes and wages 18%Other 80%
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 28 days after the end of the period.
At the same address
359 companies
Position in the sector
-€160
Less equity than 90% of companies in head offices and management consultancy. Sector median €78,218 · 39,392 companies.
Checked score
55
Fair
Financially stronger than 38% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.8%▲ +0.1 percentage points vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.5 percentage points vs 07-2025
09-2025: 0.5%▼ -0.9 percentage points vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 1.2%▲ +0.7 percentage points vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.3%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 1.3%▼ -0.1 percentage points vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▼ -0.6 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €56,978
Figures for financial year 2025 (filed on 29-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 9% of them on solvency, 4% on liquidity, 49% on profitability and 89% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,017 companies had the same profile as ECANRAM has now. Each dot stands for 3 companies, two years later.
89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ECANRAM itself is lower: 0.8% within 12 months. It rests on far more data about ECANRAM than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,017 companies, not a prediction for ECANRAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.43 (0.35 in 2024), below 1. Short-term debt is 100.3% and cash 4.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 39360 sector peers (2025).
NBB · sector comparisonPosition among 39360 sector peers
Solvency
better than 10%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 days early
2024
28 days late
2023
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 13 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805076937
Registered office moved from Evere to Uccle
New registered office: Chausséee d'Alsemberg 897, 1180 Uccle · Previous registered office: Avenue du Frioul 36 boîte A23, 1140 Evere · Board meeting of 29-10-2025 · Gazette deed
First establishment
Friulilaan 36, Evere
Incorporation
Founding capital of €2,500, 100 shares · Founder: CANO Y RAMIREZ Eduardo · Appointment: CANO Y RAMIREZ Eduardo (director) · published on 28-08-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECANRAM Uccle | €56,978 | €24,300 | -0.3% | - |
| U.Drive - Innovation Projects Consulting Uccle | €51,021 | €22,708 | 81.8% | - |
| MY ZABRISKIE Uccle | €60,442 | €28,698 | 80.1% | - |
| Business Power Consulting Molenbeek-Saint-Jean | €56,410 | €24,262 | 9.7% | - |
| INTER ALIA Etterbeek | €64,057 | €22,231 | 65.7% | - |
| LPM Futures Forest | €55,174 | €20,397 | 71.0% | - |
| BB CONSULT Schaerbeek | €61,128 | €26,824 | 27.7% | - |
These companies have the same main activity as ECANRAM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €51,000 and €64,100, founded in 2023.
Official details
Source: KBO- Status
- Active since 24-08-2023Normal situation
- Registered office
- 361 active companies are registered at this address79 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.352.939.4901140 Evere, since 01-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €24,300▲ 149%
- €6,700
- -€160▲ 97.7%
- €56,978▼ 15.9%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on ECANRAM
ECANRAM files the micro format. That format states no turnover. The gross margin rose from -€6,872 in 2023 to €24,300 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadline€24,300
▲ 149%
€13,044
▲ €13,973
€6,700
▲ €8,210
-€32,535
▲ €16,041
-0.3%
▲ 9.8 percentage points
0.43
▲ 0.08
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €55,000 and €230,000.
Balance sheet
balance sheet total €56,978 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-0.3%
Higher than 10% of 39,360 companies in 2025.
0.43
Higher than 10% of 38,044 companies in 2025.
11.8%
Higher than 45% of 38,516 companies in 2025.
ECANRAM
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
56,978 | 67,724 | 59,613 | |
21/28 |
32,375 | 41,716 | 52,371 | |
22/27 |
32,375 | 41,716 | 52,371 | |
24 |
32,375 | 41,716 | 52,371 | |
29/58 |
24,604 | 26,008 | 7,242 | |
40/41 |
22,182 | 21,174 | 7,085 | |
40 |
22,182 | 21,174 | 7,058 | |
41 |
- | 0 | 26 | |
54/58 |
2,422 | 4,783 | 158 | |
490/1 |
0 | 51 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
56,978 | 67,724 | 59,613 | |
10/15 |
-160 | -6,860 | -5,400 | |
10/11 |
2,500 | 2,500 | 2,500 | |
14 |
-2,660 | -9,360 | -7,900 | |
17/49 |
57,138 | 74,584 | 65,013 | |
42/48 |
57,138 | 74,584 | 65,013 | |
44 |
1,125 | 582 | 1,460 | |
440/4 |
1,125 | 582 | 1,460 | |
45 |
10,169 | 11,548 | 7,640 | |
450/3 |
7,169 | 11,548 | 2,640 | |
454/9 |
3,000 | 0 | 5,000 | |
47/48 |
45,845 | 62,454 | 55,914 | |
| Income statement | ||||
9900 |
24,300 | 9,752 | -6,872 | |
630 |
10,671 | 10,655 | 905 | |
640/8 |
586 | 27 | - | |
9901 |
13,044 | -930 | -7,777 | |
75/76B |
4 | 51 | - | |
75 |
4 | 51 | - | |
65/66B |
4,090 | 81 | - | |
65 |
4,090 | 81 | - | |
9903 |
8,958 | -959 | -7,777 | |
67/77 |
2,258 | 551 | 123 | |
9904 |
6,700 | -1,511 | -7,900 | |
9905 |
6,700 | -1,511 | -7,900 | |
| Appropriation of the result | ||||
9906 |
-2,660 | -9,360 | -7,900 | |
14P |
-9,360 | -7,849 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 23,715 | 9,725 | -6,872 | ||
| 17,371 | 9,144 | -6,995 | ||
| 1,330 | 0 | 53,276 | ||
| -2,361 | 4,625 | - | ||
| -32,535 | -48,575 | -57,771 | ||
| -0.3% | -10.1% | -9.1% | ||
| 0.43 | 0.35 | 0.11 | ||
| 11.8% | -2.2% | -13.3% | ||
| 5.80 | over 100 | - |
The equity ratios are withheld because equity of -€160 is too small for a meaningful ratio.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,330 | - | €53,276 |
| €10,671 | €10,655 | €905 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ECANRAM
The operating result for 2025 is a profit of €13,044, after a loss of €930 in 2024. It is the highest result since 2023.
Equity is negative. Debt (€57,138) exceeds the balance-sheet total (€56,978).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-08-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 29-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-08-2023
Mandates through the years
1 name, the dashed line is todayCANO Y RAMIREZ Eduardo
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- CANO Y RAMIREZ Eduardo
- Director (not named in the articles), from 24-08-2023 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€1.60 in 2025
- Source
- deed of 28-08-2023
Articles of association
deed of 28-08-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata actions si plusieurs, cession d'actions”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 28-08-2023 ↗
- CANO Y RAMIREZ Eduardo 100 shares (100%) · €2,500 in cash
Network & group
No group
ECANRAM has no parent and no holdings in its annual accounts. CANO Y RAMIREZ Eduardo is the only director. ECANRAM shares no director with another company.
At the same address
Alsembergsesteenweg 897, 1180 Uccle · 360 other companies| MALT COMMUNITY BELGIUM
registered office since 19-10-2021 · founded in 2021 |
11 FTE (2025) 0775.912.007 |
| JM Construction
registered office since 05-11-1973 · founded in 1973 |
total assets €4.4m (2025) 0413.662.141 |
| Decofi Benelux
registered office since 31-12-2012 · founded in 2012 |
turnover €92,827 (2025) 0508.802.711 |
| FOR BRIGHT IDEAS
registered office since 07-07-2003 · founded in 2003 |
total assets €2.8m (2025) 0859.580.445 |
| One Seven
registered office since 08-06-2023 · founded in 2023 |
total assets €2.2m (2025) 0802.550.680 |
| BYJULIET
registered office since 26-12-2014 · founded in 2014 |
total assets €2.0m (2025) 0507.761.643 |
| DELTA BXL
registered office since 20-07-1990 · founded in 1990 · negative equity (2025) |
total assets €1.6m (2025) 0440.780.173 |
| STELAS
registered office since 17-12-1993 · founded in 1993 |
13 FTE (2024) 0451.735.829 |
| OLOV PETERSSON
registered office since 24-08-2012 · founded in 2012 |
total assets €1.2m (2025) 0848.213.431 |
| J.M.D.
registered office since 30-10-1985 · founded in 1985 |
turnover €153,531 (2025) 0427.946.182 |
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
2025
Back to profit net €6,700 The net result is €6,700, after 2 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805076937
Registered office moved from Evere to UccleNew registered office: Chausséee d'Alsemberg 897, 1180 Uccle · Previous registered office: Avenue du Frioul 36 boîte A23, 1140 Evere · Board meeting of 29-10-20253 points ▸
- Board meeting, 29-10-2025
- Registered-office move, Chausséee d'Alsemberg 897, 1180 Uccle
- Power of attorney, SComm PGS Management SCS
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Annual accounts 2023 filed PDFmicro format · 14 days late
2023
First establishment Friulilaan 36, Evere
IncorporationFounding capital of €2,500, 100 shares · Founder: CANO Y RAMIREZ Eduardo · Appointment: CANO Y RAMIREZ Eduardo (director) · published on 28-08-20235 points ▸
- Founder, CANO Y RAMIREZ Eduardo
- Registered office clause, avenue du Frioul 36 boîte A23, 1140 Evere
- Founding capital, €2,500, 100 shares
- Board rule, 1
- Director appointment, CANO Y RAMIREZ Eduardo (director (not named in the articles))
- The deed holds 5 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
ECANRAM was incorporated on 24 August 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 The registered office was moved to Uccle in 2025.3 Since 2023, CANO Y RAMIREZ Eduardo has served as director.4 Total assets went from €59,613 in 2023 to €56,978 in 2025.5
Company details
Identity
- Enterprise number
- 0805.076.937
- VAT number
- BE 0805.076.937
- Peppol ID
- 0208:0805076937
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-08-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 17:00deed of 28-08-2023 (in French)
- Peppol
- Reachable since 15-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ECANRAM in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-08-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 28-08-2023 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le management des sociétés,de l'organisation,de leur administration et des structures; Le conseil et le soutien en management dans le…”deed of 28-08-2023 (in French)
12 activities
- Le management des sociétés,de l'organisation,de leur administration et des structures
- Le conseil et le soutien en management dans le domaine des entreprises au sens le plus large,notamment les politiques générales,la communication interne,l'informatisation,la politique sociale,les problèmes reliés à l’entreprise
- Tous services en ce qui concerne la gestion du personnel et le recrutement,consultance en recrutement,les conseils d'organisation et des activités d'étude
- La fourniture d'information en matière de soutien en management,de l'informatisation des entreprises,des structures d'organisation
- Le développement de projets et l'accompagnement dans le développement de système dans l'informatique
- L'exécution de toutes études et de la recherche,de l'opération de l'étude de marché,de la promotion,du conseil,de prospection,du marketing,de l'assistance dans le domaine du management,de l'ingénierie et de consulting
- L’apprentissage en ce qui concerne tout ce qui précède
- L'attribution de l'assistance technique ou commerciale à toutes entreprises belges et étrangères en matière de stratégie,d'organisation de l'entreprise,du développement de projets et du développement de système
- La participation ou la direction d'autres sociétés et entreprises,le management et l'administration
- L’informatique au sens le plus large du terme,tels que la création de sites internet et de logiciels informatique,l’étude,la recherche,la conception,le développement,la mise en place et la commercialisation de technologies et de systèmes informatisés,de systèmes de régulations,d’exploitations,de gestion assistée,administratifs,commerciaux,industriels
- La création et la commercialisation de programmes informatiques,d’applications relatives au domaine IT et de tout software
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Alsembergsesteenweg 897 registered office 1180 Uccle | ||
| Friulilaan 36 1140 Evere | 01-11-2023 | 2.352.939.490 |
1 former office
- Avenue du Frioul 36 boîte A23, 1140 Evere until 03-11-2025 · deed of 25-11-2025
Buildings and parcels at the addresses
- Ground area
- 2,768 m²
- Buildings
- 1,353 m²
- Volume, LiDAR
- 18,085 m³
- Tallest building
- 18.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21372D0129/00V000 | 2,421 m² | 1 · 1,025 m² | 18.8 m · 5 |
| 21616A0121/00Y002 | 347 m² | 1 · 329 m² | 17.1 m · 2 |