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Generated 27-07-2026
Active BE 0567.817.907Private limited company (pre-2019)Open bankruptcy

ECO ENGINE POWER

Kolvestraat 24 ·8000 Brugge, Belgium· 11 yrs active
Sector: Computer programming & consultancy (62100)
Conclusion Checked

A bankruptcy procedure is open for ECO ENGINE POWER according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €43k and a net result of €2k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €43k
Net result €2k
Staff (FTE) 1.7
Better than sector 10%
Snowflake analysis 5 axes · computed by Checked
Health6Profitability21Solvency31Growth78Stability0
27 / 100

Fragile profile, watch stability in particular.

Health 6
Profitability 21
Solvency 31
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
6 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview8 NBB filings
Annual accounts filed on 20-12-2023 with the NBB · fiscal year 2022 · micro
€0€10k€20k€30k€40kOperating result 2018: €2k€2kNet result 2018: €399€399Operating result 2019: €39k€39kNet result 2019: €23k€23kOperating result 2020: €2k€2kNet result 2020: €3k€3kOperating result 2021: €8k€8kNet result 2021: €4k€4kOperating result 2022: €6k€6kNet result 2022: €2k€2k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 8.1% 57.5%
better than 10% of 3772 sector peers
Net result €2k €24k
better than 18% of 3770 sector peers
Equity €43k €38k
better than 55% of 3774 sector peers
Gross operating margin €110k €40k
better than 90% of 3764 sector peers
Staff costs €83k €17k
higher than 83% of 506 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€24k
+8.7% far above sector median
Net profit
€2k
-49.6% far above sector median
Cash flow
€19k
+10.8% far above sector median
Total assets
€532k
+7.2% far above sector median
Equity
€43k
+4.4% +180% vs sector
Working capital
€153k
-40.2% far above sector median
Employees (FTE)
2
-10.5% +70% vs sector
Staff costs
€83k
+12.4% +53% vs sector
Income taxes
€4k
+10.8% +232% vs sector
Debt
€489k
+7.5% far above sector median
Debt ≤ 1y
€228k
+190.3% far above sector median
Debt > 1y
€220k
-11.0% 18-22
Current ratio
1.67
-60.8% -41% vs sector
Quick ratio
1.67
-60.8% -41% vs sector
Solvency
8.1%
-2.7% -86% vs sector
Debt / equity
11.33
+3.0% far above sector median
ROE
4.2%
-51.7% far above sector median
ROA
0.3%
-53.0% far above sector median
Interest coverage
26.93
+69.8% far above sector median
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€24k
Net profit€2k
Cash flow€19k
Staff costs€83k
Income taxes€4k
Dividends-
Total assets€532k
Equity€43k
Debt€489k
of which ≤ 1y€228k
of which > 1y€220k
Working capital€153k
Employees (FTE)1.7
Ratios (computed)
2022
Current ratio1.67
Quick ratio1.67
Working capital ratio28.8%
Solvency8.1%
Debt / equity11.33
Long-term debt ratio5.09
Interest coverage26.93
Gross margin-
Net margin-
ROA0.3%
ROE4.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€532k
Fixed assets 21/28€151k
Tangible fixed assets 22/27€87k
Financial fixed assets 28€64k
Current assets 29/58€381k
Stocks & contracts in progress 3€1k
Amounts receivable within one year 40/41€249k
Cash & bank 54/58€75k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€532k
Equity 10/15€43k
Contributions / capital 10/11€6k
Reserves 13€37k
Amounts payable 17/49€489k
Amounts payable after one year 17€220k
Amounts payable within one year 42/48€228k
Trade debts payable within one year 44€23k
Income statement
Gross operating margin 9900€110k
Operating result 9901€6k
Financial income 75€635
Financial charges 65€874
Result before taxes 9903€6k
Income taxes 67/77€4k
Net result for the period 9904€2k
Result to be appropriated 9905€2k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator YVES CASTERMANS
HOUTKAAI 15/02, 8000 BRUGGE-
 12-07-2024 → present Belgian State Gazette
Curator MARC CASTERMANS
HOUTKAAI 15/02, 8000 BRUGGE- marc.castermans@castermans- advocaten.be
 12-07-2024 → present Belgian State Gazette
Legal Structure
NACE primary Computer programming & consultancy(62100)
Legal form Private limited company (pre-2019)(015)
Incorporation14-11-2014
StatusActive
Postal code8000
First BS signal 18-07-2024
Latest BS signal 18-07-2024
Company structure, linked entities2 linked entities
ECO ENGINE POWERBE 0567.817.907YVES CASTERMANSReceiverMARC CASTERMANSReceiver
Mandates
Establishment units 1 location
Classic Tours
Kolvestraat 24, 8000 BruggeHandelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
since 20142.238.225.312
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31808K0415/00D000 Flanders 1.7 ha 1 · 3,258 m² 7.2 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
18-07-2024
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · ECO ENGINE POWER BV KOLVESTRAAT 24, 8000 BRUGGE · event 12-07-2024
2023
20-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
18-09-2023
State Gazette act Registered-office change
2022
30-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
16-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
06-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
31-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
29-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
24-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Lifecycle & Insolvency Signals 1 events
18-07-2024
Bankruptcy Opening
Date: 12-07-2024 · Ondernemingsrechtbank Gent, afdeling Brugge · ECO ENGINE POWER BV KOLVESTRAAT 24, 8000 BRUGGE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-07-18 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
18-09-2023
Registered-office move
All acts · 1 updated 2 years ago
2023
18-09-2023 Registered office moved within Brugge Registered-office change
  • Monnikenwerve 83 bus B, 8000 Brugge → Kolvestraat 24, 8000 Brugge
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Kolvestraat 24, 8000 Brugge",
        "city": "Brugge",
        "region": "vlaams_gewest",
        "street": "Kolvestraat",
        "country": "BE",
        "postcode": "8000",
        "box_number": null,
        "street_number": "24",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Monnikenwerve 83 bus B, 8000 Brugge",
        "city": "Brugge",
        "region": "vlaams_gewest",
        "street": "Monnikenwerve",
        "country": "BE",
        "postcode": "8000",
        "box_number": "B",
        "street_number": "83",
        "locality_suffix": null
      },
      "effective_date": "2023-08-15",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-09-18",
    "filing_date": "2023-09-07",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bevoegde_bestuursorgaan",
    "date": "2023-08-15",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0567.817.907",
    "name_full": "ECO ENGINE POWER",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0722.677.219",
    "org_name": "BV Vanhaecke, Devriendt \u0026 Rosseel",
    "person_name": "Mathias Rosseel",
    "org_rep_person_name": "Mathias Rosseel",
    "person_role_at_subject": "bestuurder"
  },
  "co_filed_documents": [
    "notulen van de bestuursvergadering dd. 15/08/2023"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Detailhandel in onderdelen en accessoires van motorvoertuigen45320Detailhandel in onderdelen en accessoires van motorvoertuigen47820Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Beroepsopleiding85592Beroepsopleiding85592Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL ECO ENGINE POWER
Registered office
Kolvestraat 24
8000 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative