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Ecoar Solutions

Active
Private limited companyfounded 20214 yrs activeGuido Gezellelaan 31, 2570 Duffel, BelgiumKBO/BCE: BE 0775.413.149
Summary

Ecoar Solutions has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,295 and a net result of €15,519. Equity is growing by ~63.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 3521 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 4.23 against 5.12 in 2024; short-term debt: 23.6% and cash: 1.8% of total assets), and 23.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.4%
Return on assets
34.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 d early
2024
7 d late
2023
8 d late
2022
2 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 3 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 May (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
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

Ecoar Solutions was incorporated on 6 October 2021 as a Private limited company.1 Total assets rose from EUR 9,175 in 2022 to EUR 44,905 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€34,295▲ 82.7%
2024 · €18,776
Total assets
€44,905▲ 55.2%
2024 · €28,926
Net result
€15,519▲ 112%
2024 · €7,331
Working capital
€34,295▲ 47.3%
2024 · €23,282
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€1,906-€11,978▲ 529%€9,949▼ 16.9%€26,329▲ 165%
Net result€838within the sector's middle half-€8,606within the sector's middle half▲ 927%€7,331within the sector's middle half▼ 14.8%€15,519within the sector's middle half▲ 112%
Equity€2,838below the sector's middle half-€11,445within the sector's middle half▲ 303%€18,776within the sector's middle half▲ 64.1%€34,295within the sector's middle half▲ 82.7%
Total assets€9,175below the sector's middle half-€27,525below the sector's middle half▲ 200%€28,926below the sector's middle half▲ 5.1%€44,905within the sector's middle half▲ 55.2%
Debt€6,337-€16,080▲ 154%€10,150▼ 36.9%€10,610▲ 4.5%
Working capital€6,968within the sector's middle half-€18,933within the sector's middle half▲ 172%€23,282within the sector's middle half▲ 23.0%€34,295within the sector's middle half▲ 47.3%
Solvency30.9%within the sector's middle half-41.6%within the sector's middle half▲ 10.6pp64.9%within the sector's middle half▲ 23.3pp76.4%above the sector's middle half▲ 11.5pp
Current ratio4.16above the sector's middle half-3.20within the sector's middle half▼ 0.955.12above the sector's middle half▲ 1.924.23above the sector's middle half▼ 0.89
Return on assets (ROA)9.1%within the sector's middle half-31.3%above the sector's middle half▲ 22.1pp25.3%above the sector's middle half▼ 5.9pp34.6%above the sector's middle half▲ 9.2pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2022: €1,906€1,906Net result 2022: €838€838Operating result 2023: €11,978€11,978Net result 2023: €8,606€8,606Operating result 2024: €9,949€9,949Net result 2024: €7,331€7,331Operating result 2025: €26,329€26,329Net result 2025: €15,519€15,5192022202320242025€0€10,000€20,000€30,000Operating result 2023: €11,978€12,000Net result 2023: €8,606€8,610Operating result 2024: €9,949€9,950Net result 2024: €7,331€7,330Operating result 2025: €26,329€26,300Net result 2025: €15,519€15,500202320242025
The operating result recovers in 2025; 2025 is 165% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €44,905
Equity €34,295 ▲ 82.7%
Debt €10,610 ▲ 4.5%
Debt's share of the balance-sheet total falls from 35.1% to 23.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.31▼
2024 · 0.54
ROE
45.3%▲
2024 · 39.0%
Debt ≤ 1 year
€10,610▲
2024 · €5,644
Income taxes
€8,823▲
2024 · €2,486
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€28,926€44,905▲
Current assets29/58€28,926€44,905▲
Amounts receivable within one year40/41€27,972€43,947▲
Trade receivables40€3,988€2,819▼
Other amounts receivable41€23,984€41,128▲
Cash at bank and in hand54/58€954€819▼
Deferred charges and accrued income490/1€0€139▲
Equity and liabilities
Total equity and liabilities10/49€28,926€44,905▲
Equity10/15€18,776€34,295▲
Contributions10/11€2,000€2,000=
Reserves13€8,606€32,295▲
Distributable reserves133€8,606€32,295▲
Profit (loss) carried forward14€8,169€0▼
Amounts payable17/49€10,150€10,610▲
Amounts payable within one year42/48€5,644€10,610▲
Trade debts44€1,105€2,213▲
Suppliers440/4€1,105€2,213▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€4,539€8,397▲
Taxes450/3€4,539€8,397▲
Accrued charges and deferred income492/3€4,506€0▼
Income statement Code20242025
Other operating charges640/8€2,073€5,353▲
Gross operating margin9900€12,023€31,682▲
Operating profit (loss)9901€9,949€26,329▲
Financial income75/76B€0€71▲
Recurring financial income75€0€71▲
Financial charges65/66B€132€2,059▲
Recurring financial charges65€132€2,059▲
Profit (loss) for the period before taxes9903€9,817€24,342▲
Income taxes67/77€2,486€8,823▲
Profit (loss) for the period9904€7,331€15,519▲
Profit (loss) for the period to be appropriated9905€7,331€15,519▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,169€23,688▲
Profit (loss) brought forward from the previous period14P€838€8,169▲
Transfer to equity691/2€0€23,688▲
To other reserves6921€0€23,688▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Other operating charges640/8€598€1,461€2,073€5,353▲ 158%
Gross operating margin9900€2,503€13,439€12,023€31,682▲ 164%
Operating profit (loss)9901€1,906€11,978€9,949€26,329▲ 165%
Financial income75/76B€129€54€0€71▲ 177,425%
Recurring financial income75€129€54€0€71▲ 177,425%
Financial charges65/66B€18€102€132€2,059▲ 1,460%
Recurring financial charges65€18€102€132€2,059▲ 1,460%
Profit (loss) for the period before taxes9903€2,016€11,930€9,817€24,342▲ 148%
Income taxes67/77€1,178€3,323€2,486€8,823▲ 255%
Profit (loss) for the period9904€838€8,606€7,331€15,519▲ 112%
Profit (loss) for the period to be appropriated9905€838€8,606€7,331€15,519▲ 112%
Line2022202320242025Change
Assets
Total assets20/58€9,175€27,525€28,926€44,905▲ 55.2%
Current assets29/58€9,175€27,525€28,926€44,905▲ 55.2%
Amounts receivable within one year40/41€8,168€21,693€27,972€43,947▲ 57.1%
Trade receivables40€5,505€483€3,988€2,819▼ 29.3%
Other amounts receivable41€2,662€21,210€23,984€41,128▲ 71.5%
Cash at bank and in hand54/58€1,007€4,174€954€819▼ 14.1%
Deferred charges and accrued income490/1-€1,658€0€139-
Equity and liabilities
Total equity and liabilities10/49€9,175€27,525€28,926€44,905▲ 55.2%
Equity10/15€2,838€11,445€18,776€34,295▲ 82.7%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13-€8,606€8,606€32,295▲ 275%
Distributable reserves133-€8,606€8,606€32,295▲ 275%
Profit (loss) carried forward14€838€838€8,169€0▼ 100%
Amounts payable17/49€6,337€16,080€10,150€10,610▲ 4.5%
Amounts payable within one year42/48€2,207€8,591€5,644€10,610▲ 88.0%
Trade debts44€480€1,598€1,105€2,213▲ 100%
Suppliers440/4€480€1,598€1,105€2,213▲ 100%
Advances received on contracts in progress46-€1,954€0--
Taxes, remuneration and social security45€1,727€5,039€4,539€8,397▲ 85.0%
Taxes450/3€1,727€5,039€4,539€8,397▲ 85.0%
Accrued charges and deferred income492/3€4,130€7,489€4,506€0▼ 100%
Line2022202320242025Change
Profit (loss) for the period9904€838€8,606€7,331€15,519▲ 112%
Operating cash flow (approximation)€838€8,606€7,331€15,519▲ 112%
Change in cash-€3,166-€3,220-€134▲ 95.8%

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2022net €15,519 ▲112%
Operating result €26,329, net result €15,519, both a record.
07-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
08-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Duffel · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
768 m²
Building footprint
112 m²
Volume, LiDAR
572 m³
Parcel 12009A0472/00S000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ecoar Solutions
Guido Gezellelaan 31, 2570 DuffelManufacture of furniture
since 20212.325.770.087
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12009A0472/00S000 Flanders 768 m² 1 · 112 m² 7.8 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.

Similar companies · same sector, comparable size

Of 1,450 companies in sector 74130 we hold annual accounts for 340. 282 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
Founded06-10-2021
Fiscal year end30-09
Activities, NACEBEL 2025
74130Interior design
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
47120Other non-specialised retail sale
47551Retail sale of household furniture
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0775413149
Also 9925:BE0775413149
Registered 12-07-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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