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ECO-TECH

Open bankruptcy
Private limited company (pre-2019)founded 2008Stevoortweg 111, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0897.596.230
Summary

A bankruptcy procedure is open for ECO-TECH according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €126,710 and a net result of €19,808.

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, Hasselt division
Declared bankrupt
10 October 2024
Supervising judge
Jo Kenis
Official Gazette
16-10-2024 (pdf) ↗search the document for 2024/139355

Deadlines

Provisional date payments stopped
10 October 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 31 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 9 November 2024art. XX.104 and XX.155 CEL
First verification report
passed on 21 November 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 10 October 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Ronny MaesPrins Bisschopsingel 11, 3500 Hasseltr.maes@exacto-advocaten.be
  • Kristof KrolPrins Bisschopssingel 11, 3500 Hasseltk.krol@exacto-advocaten.be
  • Gertjan CupersPrins Bisschopssingel 11, 3500 Hasseltg.cupers@exacto-advocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch 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.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
29 d late
2020
1 d early
2019
44 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 4 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ECO-TECH was incorporated on 24 April 2008.1 Total assets rose from EUR 66,722 in 2018 to EUR 154,288 in 2022.2 On 10 October 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 16-10-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€126,710▲ 15.3%
2021 · €109,902
Total assets
€154,288▲ 10.1%
2021 · €140,089
Net result
€19,808▼ 20.5%
2021 · €24,918
Working capital
€118,334▲ 18.2%
2021 · €100,117
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€30,250-€35,889▲ 18.6%€36,909▲ 2.8%€36,494▼ 1.1%€28,518▼ 21.9%
Net result€18,951-€22,946▲ 21.1%€24,738within the sector's middle half▲ 7.8%€24,918within the sector's middle half▲ 0.7%€19,808within the sector's middle half▼ 20.5%
Equity€48,039-€68,485▲ 42.6%€89,103within the sector's middle half▲ 30.1%€109,902above the sector's middle half▲ 23.3%€126,710above the sector's middle half▲ 15.3%
Total assets€66,722-€91,417▲ 37.0%€117,359within the sector's middle half▲ 28.4%€140,089within the sector's middle half▲ 19.4%€154,288within the sector's middle half▲ 10.1%
Debt€18,683-€22,932▲ 22.7%€28,256▲ 23.2%€30,188▲ 6.8%€27,578▼ 8.6%
Working capital€45,259-€66,835▲ 47.7%€88,357above the sector's middle half▲ 32.2%€100,117above the sector's middle half▲ 13.3%€118,334above the sector's middle half▲ 18.2%
Solvency72.0%-74.9%▲ 2.9pp75.9%above the sector's middle half▲ 1.0pp78.5%above the sector's middle half▲ 2.5pp82.1%above the sector's middle half▲ 3.7pp
Current ratio3.42-3.91▲ 0.494.13above the sector's middle half▲ 0.214.32above the sector's middle half▲ 0.195.29above the sector's middle half▲ 0.97
Return on assets (ROA)28.4%-25.1%▼ 3.3pp21.1%above the sector's middle half▼ 4.0pp17.8%within the sector's middle half▼ 3.3pp12.8%within the sector's middle half▼ 4.9pp
above within below the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2018: €30,250€30,250Net result 2018: €18,951€18,951Operating result 2019: €35,889€35,889Net result 2019: €22,946€22,946Operating result 2020: €36,909€36,909Net result 2020: €24,738€24,738Operating result 2021: €36,494€36,494Net result 2021: €24,918€24,918Operating result 2022: €28,518€28,518Net result 2022: €19,808€19,80820182019202020212022€0€10,000€20,000€30,000€40,000Operating result 2020: €36,909€36,900Net result 2020: €24,738€24,700Operating result 2021: €36,494€36,500Net result 2021: €24,918€24,900Operating result 2022: €28,518€28,500Net result 2022: €19,808€19,800202020212022
The operating result has fallen two years in a row; 2022 is 22% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €154,288
Fixed assets €8,376 ▼ 14.4%
Current assets €145,912 ▲ 12.0%
Equity and liabilities €154,288
Equity €126,710 ▲ 15.3%
Debt €27,578 ▼ 8.6%
Debt's share of the balance-sheet total falls from 21.5% to 17.9%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€30,852▼
2021 · €37,539
Cash flow
€22,142▼
2021 · €25,963
Debt to equity
0.22▼
2021 · 0.27
ROE
15.6%▼
2021 · 22.7%
Interest coverage
261.92▼
2021 · 778.98
Debt ≤ 1 year
€27,578▼
2021 · €30,188
Income taxes
€8,599▼
2021 · €11,530
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 42 lines
Balance sheet Code20212022
Assets
Total assets20/58€140,089€154,288▲
Fixed assets21/28€9,784€8,376▼
Tangible fixed assets22/27€9,784€8,376▼
Furniture and vehicles24€9,784€8,376▼
Current assets29/58€130,305€145,912▲
Amounts receivable within one year40/41€128,642€143,686▲
Other amounts receivable41€128,642€143,686▲
Cash at bank and in hand54/58€1,320€1,833▲
Deferred charges and accrued income490/1€343€393▲
Equity and liabilities
Total equity and liabilities10/49€140,089€154,288▲
Equity10/15€109,902€126,710▲
Contributions10/11€20,000€20,000=
Reserves13€89,902€106,710▲
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Distributable reserves133€87,902€104,710▲
Amounts payable17/49€30,188€27,578▼
Amounts payable within one year42/48€30,188€27,578▼
Trade debts44€4,709€4,502▼
Suppliers440/4€4,709€4,502▼
Taxes, remuneration and social security45€22,958€20,076▼
Taxes450/3€22,958€20,076▼
Other amounts payable47/48€2,520€3,000▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,045€2,334▲
Other operating charges640/8€672€720▲
Gross operating margin9900€38,211€31,572▼
Operating profit (loss)9901€36,494€28,518▼
Financial income75/76B€3€7▲
Recurring financial income75€3€7▲
Financial charges65/66B€48€118▲
Recurring financial charges65€48€118▲
Profit (loss) for the period before taxes9903€36,449€28,407▼
Income taxes67/77€11,530€8,599▼
Profit (loss) for the period9904€24,918€19,808▼
Profit (loss) for the period to be appropriated9905€24,918€19,808▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,918€19,808▼
Transfer from equity791/2€1,600-
Transfer to equity691/2€22,398€16,808▼
To other reserves6921€22,398€16,808▼
Profit to be distributed694/7€4,120€3,000▼
Return on contributions (dividend)694€1,600-
Directors or managers695€2,520€3,000▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,993€1,464€1,348€1,045€2,334▲ 123%
Other operating charges640/8---€672€720▲ 7.0%
Gross operating margin9900€34,507€37,943€38,741€38,211€31,572▼ 17.4%
Operating profit (loss)9901€30,250€35,889€36,909€36,494€28,518▼ 21.9%
Financial income75/76B---€3€7▲ 165%
Recurring financial income75€1€19€5€3€7▲ 165%
Financial charges65/66B---€48€118▲ 144%
Recurring financial charges65€1,443€418€695€48€118▲ 144%
Profit (loss) for the period before taxes9903€28,808€35,489€36,219€36,449€28,407▼ 22.1%
Income taxes67/77€9,857€12,543€11,481€11,530€8,599▼ 25.4%
Profit (loss) for the period9904€18,951€22,946€24,738€24,918€19,808▼ 20.5%
Profit (loss) for the period to be appropriated9905€18,951€22,946€24,738€24,918€19,808▼ 20.5%
Line20182019202020212022Change
Assets
Total assets20/58€66,722€91,417€117,359€140,089€154,288▲ 10.1%
Fixed assets21/28€2,780€1,650€746€9,784€8,376▼ 14.4%
Tangible fixed assets22/27€2,780€1,650€746€9,784€8,376▼ 14.4%
Furniture and vehicles24---€9,784€8,376▼ 14.4%
Current assets29/58€63,942€89,767€116,613€130,305€145,912▲ 12.0%
Amounts receivable within one year40/41€63,439€88,450€109,065€128,642€143,686▲ 11.7%
Other amounts receivable41---€128,642€143,686▲ 11.7%
Cash at bank and in hand54/58€70€871€7,095€1,320€1,833▲ 38.9%
Deferred charges and accrued income490/1---€343€393▲ 14.4%
Equity and liabilities
Total equity and liabilities10/49€66,722€91,417€117,359€140,089€154,288▲ 10.1%
Equity10/15€48,039€68,485€89,103€109,902€126,710▲ 15.3%
Contributions10/11€20,000€20,000-€20,000€20,000=
Reserves13€28,039€48,485€69,103€89,902€106,710▲ 18.7%
Non-distributable reserves130/1---€2,000€2,000=
Reserves not available under the articles1311---€2,000€2,000=
Distributable reserves133---€87,902€104,710▲ 19.1%
Amounts payable17/49€18,683€22,932€28,256€30,188€27,578▼ 8.6%
Amounts payable within one year42/48€18,683€22,932€28,256€30,188€27,578▼ 8.6%
Trade debts44€6,326€4,032€1,724€4,709€4,502▼ 4.4%
Suppliers440/4---€4,709€4,502▼ 4.4%
Taxes, remuneration and social security45---€22,958€20,076▼ 12.6%
Taxes450/3---€22,958€20,076▼ 12.6%
Other amounts payable47/48---€2,520€3,000▲ 19.0%
Line20182019202020212022Change
Profit (loss) for the period9904€18,951€22,946€24,738€24,918€19,808▼ 20.5%
+ Depreciation and write-downs630€1,993€1,464€1,348€1,045€2,334▲ 123%
Operating cash flow (approximation)€20,944€24,410€26,086€25,963€22,142▼ 14.7%
Investment in fixed assets (approximation)--€333-€444-€10,083-€926▲ 90.8%
Change in cash-€801€6,224-€5,775€513▲ 109%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
16-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 10-10-2024
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Highest result since 2018net €24,918 ▲0.7%
Net result €24,918, the highest in the series.
31-12
Financial Equity above €100,000Eq €109,902 ▲23.3%
4 profitable years in a row build equity to €109,902.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
07-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 7 days late
2014
26-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Herk-de-Stad · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
1,339 m²
Building footprint
190 m²
Volume, LiDAR
961 m³
Parcel 71024C0176/00K000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECO-TECH
Stevoortweg 111, 3540 Herk-de-StadWholesale trade
since 20142.227.694.872
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71024C0176/00K000 Flanders 1,339 m² 1 · 190 m² 7.7 m · 2 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

3 mandates
Role Name Tenure
Curator RONNY MAES
PRINS BISSCHOPSINGEL 11, 3500 HASSELT
10-10-2024 → present
Curator KRISTOF KROL
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT
10-10-2024 → present
Curator GERTJAN CUPERS
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT-
10-10-2024 → present

Similar companies · same sector, comparable size

Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 1,147 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 (pre-2019)
Founded24-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
43230Insulation installation
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.