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ECAR

Active
Private limited companyfounded 20242 yrs activeHeirweg 9, 8730 Beernem, BelgiumKBO/BCE: BE 1010.796.715
Summary

ECAR has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €331,639 and a net result of -€89,089. Its solvency ranks better than 25% of 8103 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability15
Solvency52
Growth-
Track record67
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.02; short-term debt: 52.5% and cash: 0.9% of total assets), and 73.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 2024
Solvency, return and age of the figures
Solvency
26.8%
Return on assets
-7.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 24 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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

History

ECAR was incorporated on 26 June 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€331,639
Total assets
€1.2m
Net result
-€89,089
Working capital
-€636,425

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €1.2m
Fixed assets €1.2m
Current assets €14,434
Equity and liabilities €1.2m
Equity €331,639
Debt €907,007
Debt finances 73.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€7,696
Cash flow
-€5,467
Current ratio
0.02
Debt to equity
2.73
ROE
-26.9%
ROA
-7.2%
Interest coverage
0.59
Debt ≤ 1 year
€650,859
Debt > 1 year
€256,148
Income taxes
€178
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€1.2m
Fixed assets21/28€1.2m
Tangible fixed assets22/27€1.2m
Land and buildings22€1.1m
Plant, machinery and equipment23€1,453
Furniture and vehicles24€129,355
Current assets29/58€14,434
Amounts receivable within one year40/41€34
Trade receivables40€34
Cash at bank and in hand54/58€11,490
Deferred charges and accrued income490/1€2,911
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€331,639
Contributions10/11€5,887
Reserves13€325,752
Distributable reserves133€325,752
Amounts payable17/49€907,007
Amounts payable after more than one year17€256,148
Financial debts170/4€256,148
Amounts payable within one year42/48€650,859
Current portion of amounts payable after more than one year42€99,770
Trade debts44€6,751
Suppliers440/4€6,751
Taxes, remuneration and social security45€14,926
Taxes450/3€14,926
Other amounts payable47/48€529,412
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83,622
Other operating charges640/8€9,610
Gross operating margin9900€17,306
Operating profit (loss)9901-€75,926
Financial income75/76B€34
Recurring financial income75€34
Financial charges65/66B€13,019
Recurring financial charges65€13,019
Profit (loss) for the period before taxes9903-€88,910
Income taxes67/77€178
Profit (loss) for the period9904-€89,089
Profit (loss) for the period to be appropriated9905-€89,089
Appropriation of the result
Profit (loss) to be appropriated9906-€89,089
Transfer from equity791/2€89,089

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83,622
Other operating charges640/8€9,610
Gross operating margin9900€17,306
Operating profit (loss)9901-€75,926
Financial income75/76B€34
Recurring financial income75€34
Financial charges65/66B€13,019
Recurring financial charges65€13,019
Profit (loss) for the period before taxes9903-€88,910
Income taxes67/77€178
Profit (loss) for the period9904-€89,089
Profit (loss) for the period to be appropriated9905-€89,089
Line2024
Assets
Total assets20/58€1.2m
Fixed assets21/28€1.2m
Tangible fixed assets22/27€1.2m
Land and buildings22€1.1m
Plant, machinery and equipment23€1,453
Furniture and vehicles24€129,355
Current assets29/58€14,434
Amounts receivable within one year40/41€34
Trade receivables40€34
Cash at bank and in hand54/58€11,490
Deferred charges and accrued income490/1€2,911
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€331,639
Contributions10/11€5,887
Reserves13€325,752
Distributable reserves133€325,752
Amounts payable17/49€907,007
Amounts payable after more than one year17€256,148
Financial debts170/4€256,148
Amounts payable within one year42/48€650,859
Current portion of amounts payable after more than one year42€99,770
Trade debts44€6,751
Suppliers440/4€6,751
Taxes, remuneration and social security45€14,926
Taxes450/3€14,926
Other amounts payable47/48€529,412
Line2024
Profit (loss) for the period9904-€89,089
+ Depreciation and write-downs630€83,622
Operating cash flow (approximation)-€5,467

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Beernem · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
4,316 m²
Building footprint
290 m²
Volume, LiDAR
2,001 m³
2 parcels, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ECAR
Heirweg 9, 8730 BeernemFinancial service activities, except insurance and pension funding
since 20242.361.122.233
ECAR
Philipstockstraat 20, 8000 BruggeActivities of head offices
since 20252.378.831.463
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31003G0269/00R000 Flanders 4,182 m² 1 · 153 m² 9.8 m · 2 fl.
31802B1106/00C000
ProtectedTownscape or village viewMarkt en Burg met omgevingSource ↗
Flanders 134 m² 1 · 136 m² 12.6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 37,544 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
Founded26-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47792Retail sale of second-hand clothing
70200Business and other management consultancy
47551Retail sale of household furniture
47553Retail trade
47559Retail sale of other household articles
47791Retail sale of antiques
73300Public relations and communication consultancy
82990Other business support services

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