Checked.be
Active
BE 0735.529.422Private limited company
ECLIPS
Witte hoeve 28 ·2242 Zandhoven, Belgium· 6 yrs active
Sector: Book publishing
(58110)
Conclusion
ECLIPS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €6k. Equity is shrinking by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 656 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €65k |
| Net result | €6k |
| Better than sector | 33% |
| Active | 6 yrs |
Financial profile
55
/ 100
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Health
64
Profitability
48
Solvency
29
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
64
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€4k
estimate, not credit advice
Score history
81
2021
58
2022
37
2023
48
2024
64
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.02 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.02 (≥ 1.0)
+5
Leverage
Debt/equity 3.67 (> 3.0)
-10
Profitability
ROE 10%
+3
Interest coverage
Interest coverage 2.5×
+3
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~17.8%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 58, Publishing activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.4% | 50.5% | |
| Net result | €6k | €6k | |
| Equity | €65k | €44k | |
| Gross operating margin | €29k | €24k | |
| Total assets | €306k | €118k |
€14k
+3.3%
21-25
€6k
-
21-25
€25k
+90.5%
21-25
€306k
+21.4%
21-25
€65k
+10.6%
21-25
€3k
-87.5%
21-25
€226
-4.6%
21-25
€240k
+24.7%
21-25
€145k
+2.9%
21-25
€95k
+84.4%
21-25
1.02
-13.4%
21-25
1.02
-13.4%
21-25
21.4%
-8.8%
21-25
3.67
+12.7%
21-25
9.6%
-
21-25
2.1%
-
21-25
2.53
+59.6%
21-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | +3.3% | - | - | -57.7% | - |
| Net profit | - | +54.9% | -389.7% | - | - |
| Cash flow | +90.5% | - | - | -59.1% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | -4.6% | -85.4% | -81.5% | -49.3% | - |
| Dividends | - | - | - | - | - |
| Total assets | +21.4% | -8.4% | -14.5% | +5.0% | - |
| Equity | +10.6% | -20.9% | -31.6% | -6.1% | - |
| Debt | +24.7% | -3.7% | -5.6% | +11.8% | - |
| of which ≤ 1y | +2.9% | -5.0% | -7.4% | +16.2% | - |
| of which > 1y | +84.4% | 0.0% | 0.0% | 0.0% | - |
| Working capital | -87.5% | +73.9% | -30.2% | +258.7% | - |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.02 | 1.18 | 1.10 | 1.13 | 1.04 |
| Quick ratio | 1.02 | 1.18 | 1.10 | 1.13 | 1.04 |
| Working capital ratio | 1.0% | 10.1% | 5.3% | 6.5% | 1.9% |
| Solvency | 21.4% | 23.5% | 27.2% | 34.0% | 38.0% |
| Debt / equity | 3.67 | 3.26 | 2.68 | 1.94 | 1.63 |
| Long-term debt ratio | 1.45 | 0.87 | 0.69 | 0.47 | 0.44 |
| Interest coverage | 2.53 | 1.58 | -2.11 | 5.11 | 20.17 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 2.1% | -6.2% | -12.6% | -2.2% | 8.8% |
| ROE | 9.6% | -26.4% | -46.3% | -6.5% | 23.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €306k | €252k | €275k | €321k | €306k |
| Fixed assets | 21/28 | €157k | €85k | €112k | €140k | €162k |
| Intangible fixed assets | 21 | €44k | €52k | €61k | €69k | €77k |
| Tangible fixed assets | 22/27 | €113k | €33k | €51k | €71k | €85k |
| Current assets | 29/58 | €148k | €167k | €163k | €181k | €144k |
| Amounts receivable within one year | 40/41 | €141k | €157k | €153k | €171k | €144k |
| Cash & bank | 54/58 | €6 | €1 | €19 | €5 | €32 |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €306k | €252k | €275k | €321k | €306k |
| Equity | 10/15 | €65k | €59k | €75k | €109k | €116k |
| Contributions / capital | 10/11 | €3k | €3k | €3k | €3k | €3k |
| Reserves | 13 | €62k | €56k | €72k | €106k | €113k |
| Amounts payable | 17/49 | €240k | €193k | €200k | €212k | €190k |
| Amounts payable after one year | 17 | €95k | €51k | €51k | €51k | €51k |
| Amounts payable within one year | 42/48 | €145k | €141k | €149k | €161k | €138k |
| Trade debts payable within one year | 44 | €140k | €132k | €139k | €145k | €124k |
| Income statement | ||||||
| Gross operating margin | 9900 | €29k | €27k | €7k | €46k | €87k |
| Operating result | 9901 | €-4k | €-15k | €-36k | €-238 | €41k |
| Financial income | 75 | €16k | €8k | €7k | €7k | €6k |
| Financial charges | 65 | €5k | €8k | €4k | €5k | €3k |
| Result before taxes | 9903 | €7k | €-15k | €-33k | €2k | €44k |
| Income taxes | 67/77 | €226 | €237 | €2k | €9k | €17k |
| Net result for the period | 9904 | €6k | €-16k | €-35k | €-7k | €27k |
| Result to be appropriated | 9905 | €6k | €-16k | €-35k | €-7k | €27k |
Legal Structure
| NACE primary | Book publishing(58110) |
| Legal form | Private limited company(610) |
| Incorporation | 01-10-2019 |
| Status | Active |
| Postal code | 2242 |
Establishment units
ECLIPS
since 20192.296.442.930
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11033A0045/00Y000 | Flanders | 3,665 m² | 1 · 233 m² | 7.8 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Book publishing58110Publishing activities58120Publishing activities58130Publishing activities58140
Names & trade names
| Legal nameNL | ECLIPS |
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