ECE15
ActiveECE15 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31k and a net result of €6k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 9980 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
86
/ 100
Excellent▲ +47 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+98
Solvency56▲+11
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.14 in 2023), and 67.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
32.2%
Return on assets
6.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
60 d late
2022
51 d late
2021
1 d late
2020
6 d early
2019
64 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€243k
EBIT margin
-6.5%
Net result
€6k
2023 · €-14k
2018: €4k
2019: €12k
2020: €4k
2021: €7k
2022: €9k
2023: €-14k
2018 → 2024
Working capital
€18k▲ 87.7%
2023 · €10k
2018: €6k
2019: €14k
2020: €6k
2021: €13k
2022: €16k
2023: €10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€243k
Equity€24k-€30k▲ 28.4%€40k▲ 31.0%€25k▼ 36.6%€31k▲ 25.5%
Operating result€5k-€10k▲ 81.9%€11k▲ 11.3%€-16k€4k
Net result€4k-€7k▲ 64.2%€9k▲ 40.1%€-14k€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4k after a loss of €16k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€14k▼ 15.4%
Current assets
€84k▲ 9.0%
Equity and liabilities €98k
Equity
€31k▲ 25.5%
Debt
€66k▼ 2.9%
The debt ratio falls from 73.1% to 67.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€8k▲
2023 · €3k
Cash flow
€11k▲
2023 · €4k
Solvency
32.2%▲
2023 · 26.9%
Current ratio
1.27▲
2023 · 1.14
Quick ratio
1.27▲
2023 · 1.14
Debt / equity
2.10▼
2023 · 2.72
ROE
20.3%▲
2023 · -57.6%
ROA
6.5%▲
2023 · -15.5%
Interest coverage
5.62▲
2023 · 1.43
Debt
€66k▼
2023 · €68k
Debt ≤ 1 year
€66k▼
2023 · €68k
Staff costs
€2k▼
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€93k€98k▲
Fixed assets21/28€16k€14k▼
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€6k€6k▲
Financial fixed assets28€2k€2k=
Current assets29/58€77k€84k▲
Amounts receivable within one year40/41€77k€84k▲
Trade receivables40€6k€10k▲
Other amounts receivable41€71k€74k▲
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1-€38
Equity and liabilities
Total equity and liabilities10/49€93k€98k▲
Equity10/15€25k€31k▲
Contributions10/11€1€1=
Capital10€1€1=
Issued capital100€1€1=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€23k€30k▲
Amounts payable17/49€68k€66k▼
Amounts payable after more than one year17€497-
Financial debts170/4€497-
Amounts payable within one year42/48€68k€66k▼
Current portion of amounts payable after more than one year42€3k€497▼
Financial debts43€3k€3k▼
Credit institutions430/8€3k€3k▼
Trade debts44€34k€52k▲
Suppliers440/4€34k€52k▲
Taxes, remuneration and social security45€27k€11k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€23k€6k▼
Income statement
Code20232024
Turnover70€243k-
Non-recurring operating income76A€2k€18k▲
Goods, raw materials, services and sundry goods60/61€203k-
Remuneration, social security and pensions62€51k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€4k▼
Other operating charges640/8€885€263▼
Gross operating margin9900€54k€10k▼
Operating profit (loss)9901€-16k€4k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-14k€6k▲
Profit (loss) for the period9904€-14k€6k▲
Profit (loss) for the period to be appropriated9905€-14k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€30k▲
Profit (loss) brought forward from the previous period14P€38k€23k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Weakest financial yearnet €-14k ▼254%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 64 days late
2019
31-12
Financial
Highest result since 2018net €12k ▲223%
Operating result €16k, net result €12k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Maasmechelen · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kruindersweg(E) 593630 MaasmechelenGround area
198 m²
Building footprint
198 m²
Volume, LiDAR
2,108 m³
Parcel 73013D0694/00A000, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ECE15
since 20162.250.020.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73013D0694/00A000 | Flanders | 198 m² | 1 · 198 m² | 12.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AD ISOLATION SCS
BE 0536.360.807
Grez-Doiceau · Eq €32k
D.A. TRAVAUX
BE 1002.746.507
Namur · Eq €31k
MBITEC
BE 0719.323.591
Veurne · Eq €32k
DC IMMO
BE 0744.695.625
Herent · Eq €31k
ARBI CONSTRUCT
BE 0803.713.393
Dilbeek · Eq €31k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-12-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.