ECO-WASH SYSTEMS
ActiveECO-WASH SYSTEMS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €365k and a net result of €-7k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 35% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-18
Solvency58▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.38 in 2024; short-term debt: 40.7% and cash: 6.8% of total assets), but 66.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
33.3%
Return on assets
-0.7%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-02-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
on the day
2023
1 d early
2022
6 d early
2021
20 d early
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
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 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€365k▼ 1.9%
2024 · €372k
2019: €322k
2020: €324k
2021: €361k
2022: €342k
2023: €346k
2024: €372k
2019 → 2025
Total assets
€1.10M▲ 2.9%
2024 · €1.07M
2019: €1.09M
2020: €1.12M
2021: €1.05M
2022: €1.09M
2023: €1.04M
2024: €1.07M
2019 → 2025
Net result
€-7k
2024 · €26k
2019: €12k
2020: €4k
2021: €38k
2022: €-19k
2023: €4k
2024: €26k
2019 → 2025
Working capital
€227k▲ 23.5%
2024 · €183k
2019: €52k
2020: €58k
2021: €-67k
2022: €64k
2023: €126k
2024: €183k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€361k-€342k▼ 5.4%€346k▲ 1.2%€372k▲ 7.5%€365k▼ 1.9%
Operating result€49k-€-7k€21k€60k▲ 189%€24k▼ 60.3%
Net result€38k-€-19k€4k€26k▲ 506%€-7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€423k▲ 4.7%
Current assets
€673k▲ 1.8%
Equity and liabilities €1.10M
Equity
€365k▼ 1.9%
Provisions
€20k=
Debt
€711k▲ 5.7%
The debt ratio rises from 63.2% to 64.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€132k▼
2024 · €166k
Cash flow
€101k▼
2024 · €132k
Solvency
33.3%▼
2024 · 34.9%
Current ratio
1.51▲
2024 · 1.38
Quick ratio
0.62▼
2024 · 0.79
Debt / equity
1.95▲
2024 · 1.81
ROE
-2.0%▼
2024 · 6.9%
ROA
-0.7%▼
2024 · 2.4%
Interest coverage
4.14▼
2024 · 5.82
Debt
€711k▲
2024 · €673k
Debt ≤ 1 year
€446k▼
2024 · €477k
Debt > 1 year
€248k▲
2024 · €187k
Income taxes
€309▼
2024 · €8k
Staff costs
€400k▲
2024 · €326k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€1.10M▲
Fixed assets21/28€404k€423k▲
Tangible fixed assets22/27€404k€423k▲
Land and buildings22€256k€247k▼
Plant, machinery and equipment23€21k€14k▼
Furniture and vehicles24€50k€22k▼
Leasing and similar rights25€77k€140k▲
Financial fixed assets28€0-
Current assets29/58€661k€673k▲
Stocks and contracts in progress3€285k€396k▲
Stocks30/36€285k€396k▲
Amounts receivable within one year40/41€328k€158k▼
Trade receivables40€316k€137k▼
Other amounts receivable41€12k€21k▲
Current investments50/53€5k€37k▲
Cash at bank and in hand54/58€37k€75k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.10M▲
Equity10/15€372k€365k▼
Contributions10/11€19k€19k=
Reserves13€354k€346k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€333k€328k▼
Provisions and deferred taxes16€20k€20k=
Provisions for liabilities and charges160/5€20k€20k=
Pensions and similar obligations160€20k€20k=
Amounts payable17/49€673k€711k▲
Amounts payable after more than one year17€187k€248k▲
Financial debts170/4€81k€142k▲
Other amounts payable178/9€106k€106k=
Amounts payable within one year42/48€477k€446k▼
Current portion of amounts payable after more than one year42€51k€65k▲
Financial debts43€149k€111k▼
Credit institutions430/8€149k€111k▼
Trade debts44€127k€46k▼
Suppliers440/4€127k€46k▼
Advances received on contracts in progress46€67k€152k▲
Taxes, remuneration and social security45€59k€60k▲
Taxes450/3€14k€9k▼
Remuneration and social security454/9€45k€51k▲
Other amounts payable47/48€25k€13k▼
Accrued charges and deferred income492/3€8k€16k▲
Income statement
Code20242025
Non-recurring operating income76A€0€11k▲
Remuneration, social security and pensions62€326k€400k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€108k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-449▼
Other operating charges640/8€20k€13k▼
Non-recurring operating charges66A-€449
Gross operating margin9900€512k€545k▲
Operating profit (loss)9901€60k€24k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€580€1k▲
Non-recurring financial income76B€2k€0▼
Financial charges65/66B€29k€32k▲
Recurring financial charges65€29k€32k▲
Profit (loss) for the period before taxes9903€34k€-7k▼
Income taxes67/77€8k€309▼
Profit (loss) for the period9904€26k€-7k▼
Profit (loss) for the period to be appropriated9905€26k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-7k▼
Transfer from equity791/2-€7k
Transfer to equity691/2€26k€0▼
To other reserves6921€26k€0▼
Social balance
Average headcount (FTE)90874.42.8▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-19k ▼152%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €38k ▲779%
Net result €38k, the highest in the series.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Avelgem · 1 establishment unit since 2007
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.
Raaptorfstraat 318580 AvelgemGround area
3,444 m²
Building footprint
1,303 m²
Volume, LiDAR
5,385 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ECO-WASH SYSTEMS
since 20072.169.624.932
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003B1299/00B002 | Flanders | 2,811 m² | 1 · 1,119 m² | 7.9 m · 2 fl. |
| 34003A2993/00G000 | Flanders | 633 m² | 1 · 183 m² | 5.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 8,606 EUR awarded · 8,606 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 696 EUR | 696 EUR |
| 2024 | 1 | 308 EUR | 308 EUR |
| 2023 | 2 | 102 EUR | 4,602 EUR |
| 2022 | 2 | 7,500 EUR | 3,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400PRU20PRZOWK250
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Of 346 companies in sector 28990 we hold annual accounts for 278. 195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2005
Fiscal year end30-06
Activities, NACEBEL
28990Manufacture of machinery and equipment not elsewhere classified
29564
46649Wholesale of other machinery and equipment
51872
43240Other construction installation
43299Specialised construction activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.