ECO
Open bankruptcyA bankruptcy procedure is open for ECO according to publications in the Belgian State Gazette; curator: CATHéRINE LANNOY.
Summary
The 2020 annual accounts show equity of €141,214 and a net result of €4,163.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 12 November 2024
- Supervising judge
- Bert De Greef
- Official Gazette
- 20-11-2024 (pdf) ↗search the document for 2024/144605
Curator
- CATHéRINE LannoyMechelsesteenweg 271/8.1, 2018 Antwerpen 1cl@metisadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-10-2021, 87 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
87 d late
2019
62 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 75 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Turnover
€783,515
EBIT margin
0.1%
Net result
€4,163▲ 90.7%
2019 · €2,183
Working capital
€130,188▼ 2.7%
2019 · €133,782
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€783,515-
Operating result€974-€18,134▲ 1,762%-€6,245
Net result€1,851-€2,183▲ 17.9%€4,163▲ 90.7%
EBIT margin0.1%-
Equity€134,867-€137,050▲ 1.6%€141,214▲ 3.0%
Total assets€181,336-€179,806▼ 0.8%€202,330▲ 12.5%
Debt€46,468-€42,755▼ 8.0%€61,116▲ 42.9%
Working capital€129,901-€133,782▲ 3.0%€130,188▼ 2.7%
Staff (FTE)0.8
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €6,245 after €18,134 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €202,330
Fixed assets
€11,025 ▲ 237%
Current assets
€191,305 ▲ 8.4%
Equity and liabilities €202,330
Equity
€141,214 ▲ 3.0%
Debt
€61,116 ▲ 42.9%
Debt's share of the balance-sheet total rises from 23.8% to 30.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€4,052▼
2019 · €19,832
Cash flow
€6,356▲
2019 · €3,881
Current ratio
3.13▼
2019 · 4.13
Quick ratio
2.77▼
2019 · 4.13
ROE
2.9%▲
2019 · 1.6%
ROA
2.1%▲
2019 · 1.2%
Debt ≤ 1 year
€61,116▲
2019 · €42,755
Income taxes
-€11,855▼
2019 · €12,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €783,515 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,349 | €1,698 | €2,193 | ▲ 29.1% |
| Gross operating margin9900 | €8,819 | €31,090 | €49,494 | ▲ 59.2% |
| Operating profit (loss)9901 | €974 | €18,134 | -€6,245 | ▼ 134% |
| Recurring financial income75 | €15,931 | €33 | €1,136 | ▲ 3,322% |
| Recurring financial charges65 | €4,979 | €3,984 | €2,583 | ▼ 35.2% |
| Profit (loss) for the period before taxes9903 | €11,926 | €14,183 | -€7,692 | ▼ 154% |
| Income taxes67/77 | €10,075 | €12,000 | -€11,855 | ▼ 199% |
| Profit (loss) for the period9904 | €1,851 | €2,183 | €4,163 | ▲ 90.7% |
| Profit (loss) for the period to be appropriated9905 | €1,851 | €2,183 | €4,163 | ▲ 90.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €181,336 | €179,806 | €202,330 | ▲ 12.5% |
| Formation expenses20 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €4,966 | €3,268 | €11,025 | ▲ 237% |
| Intangible fixed assets21 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €4,966 | €3,268 | €11,025 | ▲ 237% |
| Financial fixed assets28 | €0 | €0 | €0 | - |
| Current assets29/58 | €176,369 | €176,538 | €191,305 | ▲ 8.4% |
| Stocks and contracts in progress3 | €0 | €0 | €21,721 | - |
| Amounts receivable within one year40/41 | €99,649 | €94,015 | €38,463 | ▼ 59.1% |
| Current investments50/53 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €76,720 | €82,522 | €56,706 | ▼ 31.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €181,336 | €179,806 | €202,330 | ▲ 12.5% |
| Equity10/15 | €134,867 | €137,050 | €141,214 | ▲ 3.0% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €30,395 | €32,578 | €32,578 | = |
| Profit (loss) carried forward14 | €85,873 | €85,873 | €90,036 | ▲ 4.8% |
| Amounts payable17/49 | €46,468 | €42,755 | €61,116 | ▲ 42.9% |
| Amounts payable within one year42/48 | €46,468 | €42,755 | €61,116 | ▲ 42.9% |
| Trade debts44 | €30,421 | €23,983 | €48,684 | ▲ 103% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,851 | €2,183 | €4,163 | ▲ 90.7% |
| + Depreciation and write-downs630 | €1,349 | €1,698 | €2,193 | ▲ 29.1% |
| Operating cash flow (approximation) | €3,200 | €3,881 | €6,356 | ▲ 63.8% |
| Investment in fixed assets (approximation) | - | €0 | -€9,950 | - |
| Change in cash | - | €5,802 | -€25,817 | ▼ 545% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
20-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-11-2024
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Highest result since 2018net €4,163 ▲90.7%
Net result €4,163, the highest in the series.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 47 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
30-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 30 days late
2013
18-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
14-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Antwerpen
Ground area
188 m²
Building footprint
107 m²
Volume, LiDAR
849 m³
Parcel 11809I2358/00L006, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2358/00L006 | Flanders | 188 m² | 1 · 107 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CATHéRINE LANNOY MECHELSESTEENWEG 271/8.1,
2018 ANTWERPEN 1 |
12-11-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-02-2010
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823804865
Registered
12-06-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.