ECC
ActiveSummary
ECC has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,459 and a net result of €12,450. Equity has been growing by about 63% per year since 2019. Its solvency ranks better than 68% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-05-1996 Normal situation
- Activity
- Retail sale of electrical household appliances NACE 47540
- Establishment unit
- 2.077.195.117 2370 Arendonk, since 23-05-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 06-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €19,625
- ▼ 9.5%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €12,450
- ▼ 17.9%
- Equity
- €42,459
- ▲ 41.5%
- Total assets
- €79,219
- ▲ 9.2%
Score breakdownraises riskSize: total assets €79,219Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.77, cash €28,865Founded in 1996Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 67% of them on solvency, 79% on liquidity, 83% on profitability and 84% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-12-2025 PDF all 29 filings
Every figure per financial year
The operating result for 2025 is 18% lower than in 2024 and the lowest since 2021. It is the fourth fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €2,212 | €18,760 | - | €8,845 |
| Depreciation and write-downs of the year | €1,716 | €4,767 | €5,752 | €6,014 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,496 | €1,067 | €1,191 | €1,716 | €4,767 | €5,752 | €6,014 | ▲ 4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €114 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €761 | €1,239 | €742 | €1,104 | ▲ 48.8% |
| Gross operating margin9900 | €8,607 | €24,885 | €38,287 | €37,321 | €34,800 | €21,696 | €19,625 | ▼ 9.5% |
| Operating profit (loss)9901 | €2,610 | €19,093 | €36,904 | €34,730 | €28,795 | €15,202 | €12,507 | ▼ 17.7% |
| Financial income75/76B | - | - | - | €12 | €2 | €0 | - | - |
| Recurring financial income75 | - | - | - | €12 | €2 | €0 | - | - |
| Non-recurring financial income76B | - | - | - | €12 | €2 | €0 | - | - |
| Financial charges65/66B | - | - | - | €37 | €39 | €39 | €57 | ▲ 47.0% |
| Recurring financial charges65 | €24 | €26 | €30 | €37 | €39 | €39 | €57 | ▲ 47.0% |
| Profit (loss) for the period before taxes9903 | €2,587 | €19,085 | €36,893 | €34,706 | €28,757 | €15,163 | €12,450 | ▼ 17.9% |
| Profit (loss) for the period9904 | €2,587 | €19,085 | €36,893 | €34,706 | €28,757 | €15,163 | €12,450 | ▼ 17.9% |
| Profit (loss) for the period to be appropriated9905 | €2,587 | €19,085 | €36,893 | €34,706 | €28,757 | €15,163 | €12,450 | ▼ 17.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €32,510 | €30,799 | €45,268 | €61,881 | €68,868 | €72,545 | €79,219 | ▲ 9.2% |
| Fixed assets21/28 | €1,224 | €2,671 | €2,758 | €3,254 | €17,247 | €11,496 | €14,327 | ▲ 24.6% |
| Intangible fixed assets21 | €154 | €129 | €104 | €79 | €54 | €29 | €4 | ▼ 85.7% |
| Tangible fixed assets22/27 | €1,070 | €2,542 | €2,654 | €3,175 | €17,193 | €11,467 | €14,323 | ▲ 24.9% |
| Plant, machinery and equipment23 | - | - | - | €1,207 | €711 | €214 | €8,122 | ▲ 38× |
| Furniture and vehicles24 | - | - | - | €1,968 | €16,482 | €11,253 | €6,201 | ▼ 44.9% |
| Current assets29/58 | €31,286 | €28,128 | €42,510 | €58,627 | €51,620 | €61,050 | €64,892 | ▲ 6.3% |
| Stocks and contracts in progress3 | €16,453 | €5,360 | €3,435 | €8,209 | €2,984 | €7,704 | €2,724 | ▼ 64.6% |
| Stocks30/36 | - | - | - | €8,209 | €2,984 | €7,704 | €2,724 | ▼ 64.6% |
| Amounts receivable within one year40/41 | €14,356 | €11,587 | €21,804 | €27,295 | €15,943 | €14,313 | €33,303 | ▲ 133% |
| Trade receivables40 | - | - | - | €25,905 | €14,553 | €12,539 | €31,528 | ▲ 151% |
| Other amounts receivable41 | - | - | - | €1,390 | €1,390 | €1,774 | €1,774 | = |
| Cash at bank and in hand54/58 | €477 | €11,181 | €17,271 | €23,123 | €32,693 | €39,032 | €28,865 | ▼ 26.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €32,510 | €30,799 | €45,268 | €61,881 | €68,868 | €72,545 | €79,219 | ▲ 9.2% |
| Equity10/15 | -€104,596 | -€85,511 | -€48,617 | -€13,911 | €14,846 | €30,009 | €42,459 | ▲ 41.5% |
| Contributions10/11 | €30,987 | €30,987 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €13,580 | €13,580 | €13,580 | €13,580 | €13,580 | €13,580 | €13,580 | = |
| Tax-exempt reserves132 | - | - | - | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Distributable reserves133 | - | - | - | €1,580 | €1,580 | €1,580 | €1,580 | = |
| Profit (loss) carried forward14 | -€149,162 | -€130,077 | -€93,184 | -€58,478 | -€29,721 | -€14,557 | -€2,108 | ▲ 85.5% |
| Amounts payable17/49 | €137,106 | €116,309 | €93,885 | €75,793 | €54,022 | €42,536 | €36,760 | ▼ 13.6% |
| Amounts payable within one year42/48 | €137,106 | €116,309 | €93,885 | €75,793 | €54,022 | €42,536 | €36,760 | ▼ 13.6% |
| Trade debts44 | €1,235 | €3,335 | €1,499 | €8,770 | €759 | €897 | €9,509 | ▲ 960% |
| Suppliers440/4 | - | - | - | €8,770 | €759 | €897 | €9,509 | ▲ 960% |
| Taxes, remuneration and social security45 | - | - | - | €2,442 | €1,582 | €1,468 | €755 | ▼ 48.6% |
| Taxes450/3 | - | - | - | €2,442 | €1,582 | €1,468 | €755 | ▼ 48.6% |
| Other amounts payable47/48 | - | - | - | €64,581 | €51,681 | €40,171 | €26,496 | ▼ 34.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,587 | €19,085 | €36,893 | €34,706 | €28,757 | €15,163 | €12,450 | ▼ 17.9% |
| + Depreciation and write-downs630 | €5,496 | €1,067 | €1,191 | €1,716 | €4,767 | €5,752 | €6,014 | ▲ 4.6% |
| Operating cash flow (approximation) | €8,083 | €20,152 | €38,085 | €36,421 | €33,524 | €20,915 | €18,464 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | -€2,513 | -€1,279 | -€2,212 | -€18,760 | €0 | -€8,845 | - |
| Change in cash | - | €10,704 | €6,091 | €5,852 | €9,570 | €6,339 | -€10,167 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as ECC has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ECC itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 31,368 companies, not a prediction for ECC. 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.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-12-2025 | 2025-00592205 | |
| 30-06-2024 | micro format | 18-12-2024 | 2024-00618837 | |
| 30-06-2023 | micro format | 27-12-2023 | 2023-00538091 | |
| 30-06-2022 | micro format | 13-01-2023 | 2023-00000382 | |
| 30-06-2021 | micro format | 20-12-2021 | 2021-81400092 | |
| 30-06-2020 | micro format | 08-01-2021 | 2021-00600023 | |
| 30-06-2019 | micro format | 27-12-2019 | 2019-77600206 | |
| 30-06-2018 | micro format | 10-01-2019 | 2019-00900501 | |
| 30-06-2017 | micro format | 17-01-2018 | 2018-01800459 | |
| 30-06-2016 | abbreviated format | 10-01-2017 | 2017-00900522 |
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13001A1181/00F000 | Flanders | 1,196 m² | 1 · 576 m² | 9.6 m · 3 |