ECMD
InactiveECMD was declared bankrupt on 06-08-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 27-05-2025, published in the Belgian State Gazette on 03-06-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
46 d early
2020
45 d early
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-2k▼ 168%
2021 · €-710
2018: €-10k
2019: €-6k
2020: €2k
2021: €-710
2018 → 2022
Total assets
€912▼ 6.9%
2021 · €980
2018: €16k
2019: €16k
2020: €8k
2021: €980
2018 → 2022
Net result
€-1k▲ 62.7%
2021 · €-3k
2018: €-23k
2019: €4k
2020: €9k
2021: €-3k
2018 → 2022
Working capital
€-2k▼ 172%
2021 · €-686
2018: €-11k
2019: €-7k
2020: €2k
2021: €-686
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-10k-€-6k▲ 39.1%€2k€-710€-2k▼ 168%
Operating result€-21k-€5k€9k▲ 78.5%€-3k€-720▲ 74.4%
Net result€-23k-€4k€9k▲ 119%€-3k€-1k▲ 62.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €720 in 2022 against €3k in 2021; the loss shrinks.
Key figures and ratios
Debt
€3k▲
2021 · €2k
Debt ≤ 1 year
€3k▲
2021 · €2k
Ratios withheld: a balance sheet total of €912 is too small for a meaningful ratio.
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€980€912▼
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€980€912▼
Amounts receivable within one year40/41€859€912▲
Trade receivables40€0-
Other amounts receivable41€859€912▲
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1€121€0▼
Equity and liabilities
Total equity and liabilities10/49€980€912▼
Equity10/15€-710€-2k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-21k€-22k▼
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Financial debts43€469€846▲
Credit institutions430/8€469€846▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€0€32▲
Accrued charges and deferred income492/3€24€37▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€387€413▲
Non-recurring operating charges66A€465-
Gross operating margin9900€-2k€-307▲
Operating profit (loss)9901€-3k€-720▲
Financial charges65/66B€386€475▲
Recurring financial charges65€386€475▲
Profit (loss) for the period before taxes9903€-3k€-1k▲
Profit (loss) for the period9904€-3k€-1k▲
Profit (loss) for the period to be appropriated9905€-3k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-22k▼
Profit (loss) brought forward from the previous period14P€-18k€-21k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · ECMD BV TOBIE SWALUSSTRAAT 65, 1600 SINT-PIETERS-LEEUW · event 27-05-2025
2024
13-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ECMD BV TOBIE SWALUS- STRAAT 65, 1600 SINT-PIETERS-LEEUW · event 06-08-2024
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €9k ▲119%
Operating result €9k, net result €9k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.40
Current ratio from 0.70 to 1.40; short-term debt falls from €23k to €5k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
06-08-2024 → present |