Equity
-€1,081
Debts exceed assets in financial year 2025.
ECHOFUEL
Overview
Lifetime
4 annual accounts with figures on one time axispeak €7,814 (2024)
€6,008▼ 23.1%
lowest -€4,630 (2023)
-€296▼ €4,114
peak €28 (2022)
-€1,081▼ €296
€21,354▼ 24.8%
Board1 name since 2022
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €7,814 to €6,008Loss of €296Equity from -€785 to -€1,081Debts from €28,400 to €21,354
Key points
from the 2025 annual accountsTurnover
≈ €31,000 estimated
The micro format states no turnover.
Debts
€21,354 105% of the balance sheet
Financial debts 22%Suppliers 13%Other 65%
Filings
4 annual accounts 1 late
The 2025 accounts came 25 days late. The other three were filed on time.
Starting capital
€2,000 100 shares
Position in the sector
-5.3%
Lower solvency than 90% of companies in architecture and engineering. Sector median 53.9% · 11,791 companies.
Checked score
53
Fair
Financially stronger than 14% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,827 companies (NACE 71, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.1 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025highest value
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 0.9%▼ -0.5 percentage points vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.7%▼ -0.2 percentage points vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.6%▼ -0.3 percentage points vs 07-2026
09-2026: 0.3%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€1,081
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €20,273
Figures for financial year 2025 (filed on 25-08-2026)
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 71, micro). It does better than 8% of them on solvency, 7% on liquidity, 28% on profitability and 14% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 1,555 companies had the same profile as ECHOFUEL has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ECHOFUEL itself is lower: 0.3% within 12 months. It rests on far more data about ECHOFUEL 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 1,555 companies, not a prediction for ECHOFUEL. 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 0.17 (0.22 in 2024), below 1. Short-term debt is 105.3% and cash 13.7% 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€1,081
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
25 days late
2024
31 days early
2023
56 days early
2022
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 18 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 10 July (3 of the last 4 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MACLOT Frédéric Joseph Marie Claire Victor 100 sharesdeed of 30-05-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786558152
Registered office moved from Fléron to Retinne
New registered office: Rue de la Clef.6/2 à 4621 Retinne · Previous registered office: Rue Colonel Piron, 117 à 4624 FLERON · General meeting of 04-06-2024 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: MACLOT Frédéric Joseph Marie Claire Victor · Appointment: MACLOT Frédéric Joseph Marie Claire Victor (sole director) · published on 30-05-2022 · Gazette deed
First establishment
Rue de la Clef 6, Fléron
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECHOFUEL Fléron | €20,273 | €6,008 | -5.3% | - |
| Laurijn Tielt-Winge | €25,479 | €5,736 | 33.5% | - |
| ASBEST ANDREAS Machelen (Brab.) | €28,114 | €6,703 | 24.0% | - |
| CERTICLOUD Hasselt | €18,175 | €7,544 | 74.9% | - |
| HOME LABEL Villers-le-Bouillet | €33,680 | €4,363 | 42.9% | - |
| ULTRATANKS Saint-Vith | €34,836 | €10,028 | 89.8% | - |
| VANHAEREN ENERGY Liège | €13,939 | €9,601 | 67.9% | - |
These companies have the same main activity as ECHOFUEL: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €13,900 and €34,800, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 25-05-2022Normal situation
- Activity
- Other technical testing and analysisNACE 71209
- Establishment unit
- 2.331.931.8644621 Fléron, since 25-05-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- €6,008▼ 23.1%
- €296
- -€1,081▼ 37.8%
- €20,273▼ 26.6%
- Filing
- Filed on 25-08-2026
Insights on ECHOFUEL
ECHOFUEL files the micro format. That format states no turnover. The gross margin rose from -€1,967 in 2022 to €6,008 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-08-2026, 25 days late€6,008
▼ 23.1%
€204
▼ 95.7%
-€296
▼ €4,114
-€17,774
▲ €767
-5.3%
▼ 2.5 percentage points
0.17
▼ 0.05
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 ≈ €31,000. Estimated: probably between €18,000 and €61,000.
Balance sheet
balance sheet total €20,273 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-5.3%
Higher than 9% of 11,791 companies in 2025.
0.17
Lower than 95% of 11,518 companies in 2025.
-1.5%
Higher than 17% of 11,602 companies in 2025.
ECHOFUEL
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: bottom quarter · 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 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
20,273 | 27,616 | 17,038 | 1,528 | |
21/28 |
16,693 | 22,497 | 15,739 | - | |
22/27 |
16,693 | 22,497 | 15,739 | - | |
23 |
10,666 | 13,202 | 15,739 | - | |
24 |
6,027 | 9,295 | - | - | |
29/58 |
3,579 | 5,119 | 1,300 | 1,528 | |
40/41 |
374 | 1,914 | - | 592 | |
40 |
225 | 645 | - | 242 | |
41 |
149 | 1,269 | - | 350 | |
54/58 |
2,778 | 2,774 | 890 | 936 | |
490/1 |
427 | 431 | 410 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
20,273 | 27,616 | 17,038 | 1,528 | |
10/15 |
-1,081 | -785 | -4,602 | 28 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
14 |
-3,081 | -2,785 | -6,602 | -1,972 | |
17/49 |
21,354 | 28,400 | 21,640 | 1,500 | |
17 |
- | 4,740 | 11,526 | - | |
170/4 |
- | 4,740 | 11,526 | - | |
42/48 |
21,354 | 23,660 | 10,115 | 1,500 | |
43 |
4,740 | 6,786 | 6,415 | - | |
430/8 |
4,740 | 6,786 | 6,415 | - | |
44 |
2,709 | 3,146 | 681 | - | |
440/4 |
2,709 | 3,146 | 681 | - | |
45 |
- | - | 13 | - | |
450/3 |
- | - | 13 | - | |
47/48 |
13,905 | 13,729 | 3,006 | 1,500 | |
| Income statement | |||||
76A |
212 | 111 | 4 | - | |
9900 |
6,008 | 7,814 | -2,333 | -1,967 | |
630 |
5,804 | 3,045 | 1,371 | - | |
66A |
- | 8 | 160 | - | |
9901 |
204 | 4,762 | -3,865 | -1,967 | |
75/76B |
21 | 7 | 5 | - | |
75 |
21 | 7 | 5 | - | |
65/66B |
522 | 950 | 770 | 5 | |
65 |
522 | 950 | 770 | 5 | |
9903 |
-296 | 3,818 | -4,630 | -1,972 | |
9904 |
-296 | 3,818 | -4,630 | -1,972 | |
9905 |
-296 | 3,818 | -4,630 | -1,972 | |
| Appropriation of the result | |||||
9906 |
-3,081 | -2,785 | -6,602 | -1,972 | |
14P |
-2,785 | -6,602 | -1,972 | - | |
| Document | |||||
The notes to these accounts have 4 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 25-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00420351.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 6,008 | 7,807 | -2,493 | - | ||
| 5,507 | 6,863 | -3,259 | - | ||
| 0 | 9,804 | 17,110 | - | ||
| 4 | 1,884 | -46 | - | ||
| -17,774 | -18,542 | -8,815 | 28 | ||
| -5.3% | -2.8% | -27.0% | - | ||
| 0.17 | 0.22 | 0.13 | - | ||
| -1.5% | 13.8% | -27.2% | - | ||
| 11.51 | 8.21 | -3.24 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €9,804 | €17,110 | - |
| €5,804 | €3,045 | €1,371 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ECHOFUEL
The operating result for 2025 is 96% lower than in 2024.
Equity is negative. Debt (€21,354) exceeds the balance-sheet total (€20,273).
Board & ownership
Board
1 director, since incorporationSole director
appointed by deed of 30-05-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 25-08-2026
Mandates through the years
1 name, the dashed line is todayMACLOT Frédéric Joseph Marie Claire Victor
Sole director
Sole director
Board
Mandates as a list
- MACLOT Frédéric Joseph Marie Claire Victor
- Sole director, from 25-05-2022 to date
Control
This company
ECHOFUEL
Equity -€1,081
Loss €296 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- -€10.81 in 2025
- Source
- deed of 30-05-2022
Articles of association
deed of 30-05-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Valeur fixée à dires d'expert, choisi de commun accord ou,à défaut,par le Président du Tribunal de l'Entreprise du siège”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of May at 18:00
Shareholders
At incorporation
deed of 30-05-2022 ↗
- MACLOT Frédéric Joseph Marie Claire Victor 100 shares (100%) · €2,000 in cash
Network & group
No group
ECHOFUEL has no parent and no holdings in its annual accounts. MACLOT Frédéric Joseph Marie Claire Victor is the only director. ECHOFUEL shares no director with another company.
At the same address
Rue de la Clef 6, 4621 Fléron · 2 other companies| Irrera, Marina (sole trader)
establishment since 03-03-2026 |
founded in 2026 1034.716.816 |
| Atta, Cassandra (sole trader)
establishment since 05-10-2021 |
founded in 2023 0776.457.383 |
Timeline
Timeline
10 events since 2022Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 25 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0786558152
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Back to profit net €3,818 The net result is €3,818, after 2 loss-making years.
Registered office moved from Fléron to RetinneNew registered office: Rue de la Clef.6/2 à 4621 Retinne · Previous registered office: Rue Colonel Piron, 117 à 4624 FLERON · General meeting of 04-06-20242 points ▸
- General meeting, 04-06-2024
- Registered-office move, Rue de la Clef.6/2 à 4621 Retinne
Annual accounts 2023 filed PDFmicro format · 56 days before the deadline
2023
Weakest financial year net -€4,630 The net result drops to -€4,630, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 11 days before the deadline
2022
IncorporationFounding capital of €2,000, 100 shares · Founder: MACLOT Frédéric Joseph Marie Claire Victor · Appointment: MACLOT Frédéric Joseph Marie Claire Victor (sole director) · published on 30-05-20226 points ▸
- Founder, MACLOT Frédéric Joseph Marie Claire Victor
- Founding capital, €2,000, 100 shares
- 100 shares
- Registered office clause, rue Colonel Piron 117, 4624 Fléron/Romsée
- Board rule, 1
- Director appointment, MACLOT Frédéric Joseph Marie Claire Victor (sole director)
- The deed holds 11 more points.
First establishment Rue de la Clef 6, Fléron
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
ECHOFUEL was incorporated on 25 May 2022 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Retinne in 2024.3 MACLOT Frédéric Joseph Marie Claire Victor is sole director of the company, appointed by deed of 30-05-2022.2 Total assets rose from €1,528 in 2022 to €20,273 in 2025.4
Company details
Identity
- Enterprise number
- 0786.558.152
- VAT number
- BE 0786.558.152
- Peppol ID
- 0208:0786558152
- Other Peppol ID
- 9925:BE0786558152
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-05-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Monday of May at 18:00deed of 30-05-2022 (in French)
- Peppol
- Reachable since 10-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ECHOFUEL in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-05-2022 (in French)
Activities
NACEBEL 202571209
Other technical testing and analysis main activity
Codes under NACEBEL 2008
71209
Other technical testing and analysis main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue de la Clef 6 registered office 4621 Fléron | 25-05-2022 | 2.331.931.864 |
1 former office
- Rue Colonel Piron,117, 4624 Fleron until 04-06-2024 · deed of 15-07-2024
Buildings and parcels at the address
- Ground area
- 376 m²
- Buildings
- 82 m²
- Volume, LiDAR
- 706 m³
- Tallest building
- 10.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62038A0386/00B003 | 376 m² | 1 · 82 m² | 10.0 m · 3 |