ECO - CHAMP
ActiveSummary
ECO - CHAMP has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €-15k. Equity is shrinking by ~34.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+66
Solvency30▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.02 in 2024; short-term debt: 53.1% and cash: 0.1% of total assets), and 94.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.4%
Return on assets
-1.9%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-15k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 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
17 d late
2024
18 d late
2023
83 d late
2022
22 d late
2021
98 d late
2020
29 d late
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▼ 25.4%
2024 · €59k
2019: €590khighest in 7 years
2020: €554k▼ -6.2% vs 2019
2021: €557k▲ +0.6% vs 2020
2022: €311k▼ -44.1% vs 2021
2023: €180k▼ -42.3% vs 2022
2024: €59k▼ -67.4% vs 2023
2025: €44k▼ -25.4% vs 2024lowest in 7 years
2019 → 2025
Total assets
€805k▼ 2.6%
2024 · €826k
2019: €1.15M
2020: €1.14M▼ -1.7% vs 2019
2021: €1.16M▲ +2.2% vs 2020highest in 7 years
2022: €953k▼ -17.9% vs 2021
2023: €983k▲ +3.2% vs 2022
2024: €826k▼ -15.9% vs 2023
2025: €805k▼ -2.6% vs 2024lowest in 7 years
2019 → 2025
Net result
€-15k▲ 87.7%
2024 · €-121k
2019: €-88k
2020: €-36k▲ +58.6% vs 2019
2021: €3k▲ +109% vs 2020highest in 7 years
2022: €-575k▼ -18645% vs 2021lowest in 7 years
2023: €-132k▲ +77.1% vs 2022
2024: €-121k▲ +7.9% vs 2023
2025: €-15k▲ +87.7% vs 2024
2019 → 2025
Working capital
€-411k▲ 38.1%
2024 · €-663k
2019: €-439k
2020: €-458k▼ -4.1% vs 2019
2021: €-295k▲ +35.6% vs 2020highest in 7 years
2022: €-430k▼ -45.8% vs 2021
2023: €-593k▼ -37.8% vs 2022
2024: €-663k▼ -11.9% vs 2023lowest in 7 years
2025: €-411k▲ +38.1% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€557k-€311k▼ 44.1%€180k▼ 42.3%€59k▼ 67.4%€44k▼ 25.4%
2021: €557khighest in 5 years
2022: €311k▼ -44.1% vs 2021
2023: €180k▼ -42.3% vs 2022
2024: €59k▼ -67.4% vs 2023
2025: €44k▼ -25.4% vs 2024lowest in 5 years
Operating result€18k-€-71k€-130k▼ 83.0%€-122k▲ 6.1%€-16k▲ 86.9%
2021: €18khighest in 5 years
2022: €-71k▼ -502% vs 2021
2023: €-130k▼ -83.0% vs 2022lowest in 5 years
2024: €-122k▲ +6.1% vs 2023
2025: €-16k▲ +86.9% vs 2024
Net result€3k-€-575k€-132k▲ 77.1%€-121k▲ 7.9%€-15k▲ 87.7%
2021: €3khighest in 5 years
2022: €-575k▼ -18645% vs 2021lowest in 5 years
2023: €-132k▲ +77.1% vs 2022
2024: €-121k▲ +7.9% vs 2023
2025: €-15k▲ +87.7% vs 2024
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 €16k in 2025 against €122k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €805k
Fixed assets
€789k ▼ 2.6%
Current assets
€16k ▼ 0.4%
Equity and liabilities €805k
Equity
€44k ▼ 25.4%
Provisions
€85k ▼ 3.6%
Debt
€676k ▼ 0.5%
Debt's share of the balance-sheet total rises from 82.3% to 84.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€40k▲
2024 · €-69k
Cash flow
€41k▲
2024 · €-68k
Current ratio
0.04▲
2024 · 0.02
Debt to equity
15.47▲
2024 · 11.59
ROE
-34.1%▲
2024 · -206.7%
ROA
-1.9%▲
2024 · -14.7%
Interest coverage
119.29▲
2024 · -363.14
Debt ≤ 1 year
€427k▼
2024 · €679k
Income taxes
€2k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€826k€805k▼
Fixed assets21/28€810k€789k▼
Intangible fixed assets21€47k€43k▼
Tangible fixed assets22/27€763k€745k▼
Land and buildings22-€28k
Furniture and vehicles24€31k€19k▼
Other tangible fixed assets26€732k€699k▼
Current assets29/58€16k€16k▼
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€7k€12k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€6k€758▼
Equity and liabilities
Total equity and liabilities10/49€826k€805k▼
Equity10/15€59k€44k▼
Contributions10/11€1.49M€1.49M=
Reserves13€411k€399k▼
Non-distributable reserves130/1€57k€57k=
Reserves not available under the articles1311€57k€57k=
Tax-exempt reserves132€319k€306k▼
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€-1.84M€-1.84M▼
Provisions and deferred taxes16€88k€85k▼
Deferred taxes168€88k€85k▼
Amounts payable17/49€679k€676k▼
Amounts payable within one year42/48€679k€427k▼
Trade debts44€717€10k▲
Suppliers440/4€717€10k▲
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€675k€416k▼
Accrued charges and deferred income492/3-€249k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€56k▲
Other operating charges640/8€44k€2k▼
Gross operating margin9900€-25k€42k▲
Operating profit (loss)9901€-122k€-16k▲
Financial income75/76B€160-
Recurring financial income75€160-
Financial charges65/66B€189€333▲
Recurring financial charges65€189€333▲
Profit (loss) for the period before taxes9903€-122k€-16k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€-121k€-15k▲
Transfer from tax-exempt reserves789€13k€13k=
Profit (loss) for the period to be appropriated9905€-109k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.84M€-1.84M▼
Profit (loss) brought forward from the previous period14P€-1.73M€-1.84M▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €30k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €26k | €65k | €53k | €56k | ▲ 4.7% |
| Other operating charges640/8 | €3k | €3k | €3k | €44k | €2k | ▼ 95.3% |
| Gross operating margin9900 | €32k | €-41k | €-62k | €-25k | €42k | ▲ 268% |
| Operating profit (loss)9901 | €18k | €-71k | €-130k | €-122k | €-16k | ▲ 86.9% |
| Financial income75/76B | €1 | €59 | - | €160 | - | - |
| Recurring financial income75 | €1 | €59 | - | €160 | - | - |
| Financial charges65/66B | €3k | €506k | €329 | €189 | €333 | ▲ 75.9% |
| Recurring financial charges65 | €3k | €506k | €329 | €189 | €333 | ▲ 75.9% |
| Profit (loss) for the period before taxes9903 | €14k | €-577k | €-130k | €-122k | €-16k | ▲ 86.6% |
| Transfer from deferred taxes780 | - | €2k | €2k | €3k | €3k | = |
| Income taxes67/77 | €11k | €409 | €3k | €2k | €2k | ▼ 27.7% |
| Profit (loss) for the period9904 | €3k | €-575k | €-132k | €-121k | €-15k | ▲ 87.7% |
| Transfer from tax-exempt reserves789 | €15k | €6k | €6k | €13k | €13k | = |
| Profit (loss) for the period to be appropriated9905 | €18k | €-569k | €-125k | €-109k | €-2k | ▲ 97.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.16M | €953k | €983k | €826k | €805k | ▼ 2.6% |
| Fixed assets21/28 | €936k | €834k | €863k | €810k | €789k | ▼ 2.6% |
| Intangible fixed assets21 | - | €52k | €55k | €47k | €43k | ▼ 8.2% |
| Tangible fixed assets22/27 | €3k | €782k | €808k | €763k | €745k | ▼ 2.3% |
| Land and buildings22 | - | - | - | - | €28k | - |
| Plant, machinery and equipment23 | €3k | €746 | - | - | - | - |
| Furniture and vehicles24 | - | €55k | €43k | €31k | €19k | ▼ 39.3% |
| Other tangible fixed assets26 | - | €725k | €765k | €732k | €699k | ▼ 4.5% |
| Financial fixed assets28 | €933k | €570 | €570 | - | - | - |
| Current assets29/58 | €224k | €119k | €119k | €16k | €16k | ▼ 0.4% |
| Amounts receivable within one year40/41 | €14k | €79k | €106k | €10k | €15k | ▲ 50.4% |
| Trade receivables40 | €14k | €682 | €2k | €7k | €12k | ▲ 66.4% |
| Other amounts receivable41 | €61 | €78k | €104k | €3k | €3k | ▲ 11.1% |
| Cash at bank and in hand54/58 | €206k | €36k | €9k | €6k | €758 | ▼ 87.4% |
| Deferred charges and accrued income490/1 | €4k | €4k | €4k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.16M | €953k | €983k | €826k | €805k | ▼ 2.6% |
| Equity10/15 | €557k | €311k | €180k | €59k | €44k | ▼ 25.4% |
| Contributions10/11 | €1.49M | €1.49M | €1.49M | €1.49M | €1.49M | = |
| Reserves13 | €106k | €430k | €424k | €411k | €399k | ▼ 3.1% |
| Non-distributable reserves130/1 | €57k | €57k | €57k | €57k | €57k | = |
| Reserves not available under the articles1311 | €57k | €57k | €57k | €57k | €57k | = |
| Tax-exempt reserves132 | €14k | €338k | €332k | €319k | €306k | ▼ 3.9% |
| Distributable reserves133 | €35k | €35k | €35k | €35k | €35k | = |
| Profit (loss) carried forward14 | €-1.04M | €-1.61M | €-1.73M | €-1.84M | €-1.84M | ▼ 0.1% |
| Provisions and deferred taxes16 | - | €93k | €91k | €88k | €85k | ▼ 3.6% |
| Deferred taxes168 | - | €93k | €91k | €88k | €85k | ▼ 3.6% |
| Amounts payable17/49 | €604k | €549k | €712k | €679k | €676k | ▼ 0.5% |
| Amounts payable after more than one year17 | €84k | - | - | - | - | - |
| Financial debts170/4 | €84k | - | - | - | - | - |
| Amounts payable within one year42/48 | €519k | €549k | €712k | €679k | €427k | ▼ 37.2% |
| Current portion of amounts payable after more than one year42 | €18k | - | - | - | - | - |
| Financial debts43 | €850 | €4k | €4k | - | - | - |
| Credit institutions430/8 | €850 | €4k | €4k | - | - | - |
| Trade debts44 | €13k | €10k | €3k | €717 | €10k | ▲ 1,241% |
| Suppliers440/4 | €13k | €10k | €3k | €717 | €10k | ▲ 1,241% |
| Taxes, remuneration and social security45 | €5k | €9k | €10k | €3k | €1k | ▼ 56.7% |
| Taxes450/3 | €5k | €9k | €10k | €3k | €1k | ▼ 56.7% |
| Other amounts payable47/48 | €482k | €527k | €695k | €675k | €416k | ▼ 38.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €249k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-575k | €-132k | €-121k | €-15k | ▲ 87.7% |
| + Depreciation and write-downs630 | €11k | €26k | €65k | €53k | €56k | ▲ 4.7% |
| Operating cash flow (approximation) | €14k | €-549k | €-67k | €-68k | €41k | ▲ 160% |
| Investment in fixed assets (approximation) | - | €76k | €-94k | €570 | €-35k | ▼ 6,157% |
| Change in cash | - | €-170k | €-27k | €-3k | €-5k | ▼ 83.1% |
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
Next filing, fiscal year 2026, expected by
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-06
Financial
Weakest financial yearnet €-575k
Net result drops to €-575k, the lowest in the series; recovery starts the following year.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 98 days late
2021
30-06
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
21-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Kortrijk · 1 establishment unit since 1995
Ground area
831 m²
Building footprint
152 m²
Volume, LiDAR
621 m³
Parcel 34026A0598/00Z002, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ECO-CHAMP
since 19952.073.843.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0598/00Z002 | Flanders | 831 m² | 1 · 152 m² | 6.7 m · 1 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,329 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-09-1995
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.