eclectX
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 18% higher than in 2024.
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 | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €154 | €9,921 |
| Depreciation and write-downs of the year | €3,879 | €4,815 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,879 | €4,815 | ▲ 24.1% |
| Other operating charges640/8 | €399 | €1,179 | ▲ 196% |
| Gross operating margin9900 | €199,926 | €237,283 | ▲ 18.7% |
| Operating profit (loss)9901 | €195,648 | €231,290 | ▲ 18.2% |
| Financial income75/76B | €30 | €492 | ▲ 17× |
| Recurring financial income75 | €30 | €492 | ▲ 17× |
| Financial charges65/66B | €1,397 | €1,111 | ▼ 20.4% |
| Recurring financial charges65 | €1,397 | €1,111 | ▼ 20.4% |
| Profit (loss) for the period before taxes9903 | €194,281 | €230,671 | ▲ 18.7% |
| Income taxes67/77 | €44,643 | €54,275 | ▲ 21.6% |
| Profit (loss) for the period9904 | €149,637 | €176,395 | ▲ 17.9% |
| Profit (loss) for the period to be appropriated9905 | €149,637 | €176,395 | ▲ 17.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €166,947 | €176,024 | ▲ 5.4% |
| Fixed assets21/28 | €10,127 | €15,234 | ▲ 50.4% |
| Tangible fixed assets22/27 | €10,127 | €15,234 | ▲ 50.4% |
| Plant, machinery and equipment23 | €1,380 | €951 | ▼ 31.0% |
| Furniture and vehicles24 | €8,748 | €14,283 | ▲ 63.3% |
| Current assets29/58 | €156,820 | €160,790 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €23,351 | €29,468 | ▲ 26.2% |
| Trade receivables40 | €16,653 | €28,111 | ▲ 68.8% |
| Other amounts receivable41 | €6,698 | €1,357 | ▼ 79.7% |
| Current investments50/53 | - | €106,706 | - |
| Cash at bank and in hand54/58 | €131,857 | €22,581 | ▼ 82.9% |
| Deferred charges and accrued income490/1 | €1,613 | €2,036 | ▲ 26.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €166,947 | €176,024 | ▲ 5.4% |
| Equity10/15 | €150,741 | €1,636 | ▼ 98.9% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | €104 | €636 | ▲ 514% |
| Distributable reserves133 | €104 | €636 | ▲ 514% |
| Profit (loss) carried forward14 | €149,637 | - | - |
| Amounts payable17/49 | €16,207 | €174,388 | ▲ 976% |
| Amounts payable within one year42/48 | €16,207 | €173,176 | ▲ 969% |
| Financial debts43 | €1,980 | €1,418 | ▼ 28.4% |
| Credit institutions430/8 | - | €1,418 | - |
| Other loans439 | €1,980 | - | - |
| Trade debts44 | €1,634 | €7,731 | ▲ 373% |
| Suppliers440/4 | €1,634 | €7,731 | ▲ 373% |
| Taxes, remuneration and social security45 | €12,112 | €13,014 | ▲ 7.4% |
| Taxes450/3 | €6,112 | €13,014 | ▲ 113% |
| Remuneration and social security454/9 | €6,000 | - | - |
| Other amounts payable47/48 | €480 | €151,012 | ▲ 314× |
| Accrued charges and deferred income492/3 | - | €1,213 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €149,637 | €176,395 | ▲ 17.9% |
| + Depreciation and write-downs630 | €3,879 | €4,815 | ▲ 24.1% |
| Operating cash flow (approximation) | €153,517 | €181,210 | ▲ 18.0% |
| Investment in fixed assets (approximation) | - | -€9,921 | - |
| Change in cash | - | -€109,276 | - |
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, 2,153 companies had the same profile as eclectX has now. Two years later, 96.1% were still going and 1.7% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of eclectX itself: 0.5% 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 2,153 companies, not a prediction for eclectX. 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.