Result
€29,437 €29,437
Back in profit in 2025, after a loss of €89,089 in 2024.
ECAR
Lifetime
2 annual accounts with figures on one time axispeak €135,764 (2025)
€135,764▲ 684%
lowest -€89,089 (2024)
€29,437▲ €118,526
peak €361,077 (2025)
€361,077▲ 8.9%
€795,101▼ 12.3%
Board2 names since 2024
2 directorsCALLEBAUT,Erwin Frits Lieven Dirk and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €17,306 to €135,764Back to profit: €29,437Registered office moved from Destelbergen to Beernem 27-051 establishment registeredCash from €11,490 to €114,852
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The abbreviated format states no turnover.
Restructuring
2024
Branch taken over from ECOB. Takeover on 05-07-2024.
Checked score
86
Excellent
Financially stronger than 34% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 0.7%
08-2025: 0.4%▼ -0.3 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.1 percentage points vs 07-2026
09-2026: 1.3%▲ +0.4 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -1.1 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €1.2m
Figures for financial year 2025 (filed on 30-06-2026)
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 31% of them on solvency, 14% on liquidity, 36% on profitability and 56% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 2,546 companies had the same profile as ECAR has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ECAR itself is lower: 0.2% within 12 months. It rests on far more data about ECAR than the profile alone.
Test of the method
The method was tested on the 497,448 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 2,546 companies, not a prediction for ECAR. 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
Credit of up to €30,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is insufficient, with a current ratio of 0.23 (0.02 in 2024), below 1. Short-term debt is 59.6% and cash 9.9% of total assets. 68.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 days early
2024
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 28 days before 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CALLEBAUT, Erwin Frits Lieven Dirk 51 sharesdeed of 05-07-2024
- RAMPELBERGH, Ann Nadine Luc 51 sharesdeed of 05-07-2024
Recent changes
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Brugge
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010796715
New establishment in Bruges
Philipstockstraat 20
Registered office moved from Destelbergen to Beernem
New registered office: Heirweg 9, 8730 Beernem · Previous registered office: Kalverbosstraat 42, 9070 Destelbergen · General meeting of 01-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECAR Beernem | €1.2m | €135,764 | 31.2% | - |
| H-MANAGEMENT COMPANY Harelbeke | €1.0m | €132,380 | 5.3% | 0.9 |
| VPP 3.0 Wevelgem | €1.3m | €166,295 | 47.5% | 0 |
| DVL STORE INVEST Ardooie | €1.1m | €170,760 | 20.7% | 0 |
| Colie Sint-Niklaas | €1.2m | €122,016 | 17.5% | - |
| AD Ventures Frasnes-lez-Anvaing | €1.0m | €149,715 | 13.3% | - |
| Euro Asian Advisory & Investments Ixelles | €1.3m | €117,493 | 6.1% | - |
These companies have the same main activity as ECAR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1m and €1.3m, founded in 2024.
Official details
Source: KBO- Status
- Active since 26-06-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 7 others
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.361.122.2338730 Beernem, since 26-06-2024
- 2.378.831.4638000 Bruges, since 29-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Annual accounts 2025
- €1.2m▼ 6.7%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on ECAR
ECAR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361,077 and a net result of €29,437, with €68,554 of non-recurring income.
Its solvency ranks better than 32% of 10,857 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ECAR
- What is the company number of ECAR?
- The company number of ECAR is 1010.796.715. The VAT number is the same number with BE in front: BE 1010.796.715.
- Where is ECAR based?
- The registered office is at Heirweg 9, 8730 Beernem.Company details
- What does ECAR do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ECAR?
- ECAR is a private limited company (BV).
- When was ECAR founded?
- ECAR was founded on 26-06-2024.
- Is ECAR still active?
- Yes, ECAR is an active enterprise in the KBO register.
- How many employees does ECAR have?
- ECAR had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ECAR fall under?
- In its 2025 annual accounts, ECAR states joint committee 201 (Independent retail).
- What is the turnover of ECAR?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €135,764 and 93 comparable companies (NACE 70200). It probably lies between €180,000 and €280,000.
- Is ECAR profitable?
- In financial year 2025, ECAR made a profit of €29,437.
- Where can I find the annual accounts of ECAR?
- ECAR filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECAR due?
- ECAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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