ECM

Active

Private limited companyfounded 200917 years activeBerg 54, 9860 Oosterzele, BelgiumKBO/BCE: BE 0818.206.777

Summary

The computed 12-month bankruptcy probability of ECM is 7.1% (elevated). The latest annual accounts of ECM were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €2.0m and a net result of -€4.3m. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 9,089 sector peers (NACE 46, fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ECMActive

Risk analysis Report Compare

Activity

Wholesale of timber

NACE 46832

#2 company by total assets in Oosterzele, Wholesale and retail trade sector1 site

Size

€9.4mtotal assets 2024

Equity: €2.0m
Loss: -€4.3m

Turnover not published (abridged schema)

Financial health

Bankruptcy probabilitywithin 12 months: 7.1%

2024 figures too old to score

Structure

Parent: Accoform · 100%
Holdings: 1

Accounts filed 288 days late0 of 9 deeds read

Signals- Figures for FY 2024 (filed 23-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 288 days late; 1 of the last 3 late- Loss of €4.3m, the second in a row (FY 2024)- Liquidity: current ratio 0.75, cash €508,795, halved- Filed more than 90 days lateShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: Filed more than 90 days late

Financial strength, FY 2024 · tick = 2022

Weak

Solvency 47-24

equity 21.8% of total assets

Liquidity 16-55

short-term debt 74.8% · cash 5.4%

Profitability 0-15

return on assets -45.5%

Bankruptcy probability, 12 months

7.1% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,378 companies)

Last 24 months 11-2024: 1.0%lowest value 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.9%▲ +0.9 percentage points vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 2.4%▲ +0.5 percentage points vs 10-2025 12-2025: 2.5%▲ +0.1 percentage points vs 11-2025 01-2026: 3.2%▲ +0.7 percentage points vs 12-2025 02-2026: 3.5%▲ +0.3 percentage points vs 01-2026 03-2026: 4.6%▲ +1.1 percentage points vs 02-2026 04-2026: 4.4%▼ -0.2 percentage points vs 03-2026 05-2026: 5.0%▲ +0.6 percentage points vs 04-2026 06-2026: 7.5%▲ +2.5 percentage points vs 05-2026 07-2026: 7.5%● unchanged vs 06-2026 08-2026: 7.6%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 7.1%▼ -0.5 percentage points vs 08-2026 10-2026: 7.1%● unchanged vs 09-2026

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Signals

Five signals.

+raises risk

Figures for FY 2024 (filed 23-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 288 days late; 1 of the last 3 late

NBB · filings

Loss of €4.3m, the second in a row (FY 2024)

NBB · annual accounts

Liquidity: current ratio 0.75, cash €508,795, halved

NBB · annual accounts

Filed more than 90 days late

The financial year that closed on 31-05-2024 was due by 31-12-2024 and was filed on 15-10-2025, 288 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 7 filings

Deviation from the deadline

2024

288 days late

2022

on the day

2021

on the day

2020

40 days early

2019

42 days early

2018

41 days early

2017

40 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

Checked from 2021 on.

KBO publications · our coverage

15-10-2025 Annual accounts filedfiscal year 2024 · abbreviated…
31-05-2024 Weakest financial yearnet -€4.3m
31-01-2023 Annual accounts filedfiscal year 2022 · abbreviated…

Key points

Caution: Latest accounts filed lateafter the legal deadline 288 days View
Caution: Among the weakest 5% on net resultsector median €40,021 · 9,084 companies -€4.3m View
Controlled by Accoform 100% View
Caution: 2 loss-making years in a rowloss fiscal year 2024 -€4.3m View