ECOBAT&
ActiveSummary
ECOBAT& has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188k and a net result of €2k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▲+6
Solvency41▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.72 in 2024; short-term debt: 32.7% and cash: 3.8% of total assets), and 84.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2025Solvency, return and age of the figures
Solvency
15.9%
Return on assets
0.1%
Age of the figures
12 mo
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
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 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
41 d early
2023
43 d early
2022
37 d early
2021
45 d early
2020
35 d early
2019
50 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€188k▲ 0.9%
2024 · €186k
2018: €90klowest in 8 years
2019: €109k▲ +20.7% vs 2018
2020: €111k▲ +1.7% vs 2019
2021: €185k▲ +66.7% vs 2020
2022: €161k▼ -12.8% vs 2021
2023: €190k▲ +17.5% vs 2022highest in 8 years
2024: €186k▼ -1.9% vs 2023
2025: €188k▲ +0.9% vs 2024
2018 → 2025
Total assets
€1.18M▲ 24.0%
2024 · €950k
2018: €181klowest in 8 years
2019: €211k▲ +16.8% vs 2018
2020: €468k▲ +122% vs 2019
2021: €470k▲ +0.3% vs 2020
2022: €598k▲ +27.4% vs 2021
2023: €612k▲ +2.3% vs 2022
2024: €950k▲ +55.3% vs 2023
2025: €1.18M▲ +24.0% vs 2024highest in 8 years
2018 → 2025
Net result
€2k
2024 · €-4k
2018: €9k
2019: €19k▲ +115% vs 2018
2020: €2k▼ -90.1% vs 2019
2021: €74k▲ +3899% vs 2020highest in 8 years
2022: €-24k▼ -132% vs 2021lowest in 8 years
2023: €28k▲ +219% vs 2022
2024: €-4k▼ -113% vs 2023
2025: €2k▲ +144% vs 2024
2018 → 2025
Working capital
€-144k▼ 5.5%
2024 · €-136k
2018: €81k
2019: €100k▲ +22.8% vs 2018
2020: €65k▼ -35.4% vs 2019
2021: €132k▲ +104% vs 2020highest in 8 years
2022: €88k▼ -33.4% vs 2021
2023: €102k▲ +15.6% vs 2022
2024: €-136k▼ -234% vs 2023
2025: €-144k▼ -5.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€185k-€161k▼ 12.8%€190k▲ 17.5%€186k▼ 1.9%€188k▲ 0.9%
2021: €185k
2022: €161k▼ -12.8% vs 2021lowest in 5 years
2023: €190k▲ +17.5% vs 2022highest in 5 years
2024: €186k▼ -1.9% vs 2023
2025: €188k▲ +0.9% vs 2024
Operating result€110k-€-18k€40k€17k▼ 56.9%€35k▲ 105%
2021: €110khighest in 5 years
2022: €-18k▼ -116% vs 2021lowest in 5 years
2023: €40k▲ +320% vs 2022
2024: €17k▼ -56.9% vs 2023
2025: €35k▲ +105% vs 2024
Net result€74k-€-24k€28k€-4k€2k
2021: €74khighest in 5 years
2022: €-24k▼ -132% vs 2021lowest in 5 years
2023: €28k▲ +219% vs 2022
2024: €-4k▼ -113% vs 2023
2025: €2k▲ +144% 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 recovers in 2025; 2025 is 105% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€938k ▲ 56.8%
Current assets
€241k ▼ 31.7%
Equity and liabilities €1.18M
Equity
€188k ▲ 0.9%
Debt
€991k ▲ 29.6%
Debt's share of the balance-sheet total rises from 80.4% to 84.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2024 · €23k
Cash flow
€20k▲
2024 · €2k
Current ratio
0.63▼
2024 · 0.72
Quick ratio
0.41▲
2024 · 0.09
Debt to equity
5.28▲
2024 · 4.11
ROE
0.9%▲
2024 · -2.0%
ROA
0.1%▲
2024 · -0.4%
Interest coverage
1.73▲
2024 · 1.10
Debt ≤ 1 year
€385k▼
2024 · €489k
Debt > 1 year
€590k▲
2024 · €275k
Income taxes
€2k▲
2024 · €934
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€950k€1.18M▲
Fixed assets21/28€598k€938k▲
Tangible fixed assets22/27€598k€938k▲
Land and buildings22€597k€926k▲
Plant, machinery and equipment23-€8k
Furniture and vehicles24€1k€4k▲
Other tangible fixed assets26€64€0▼
Current assets29/58€353k€241k▼
Stocks and contracts in progress3€308k€82k▼
Stocks30/36€308k€82k▼
Amounts receivable within one year40/41€32k€107k▲
Trade receivables40€32k€50k▲
Other amounts receivable41€566€57k▲
Cash at bank and in hand54/58€3k€45k▲
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€950k€1.18M▲
Equity10/15€186k€188k▲
Contributions10/11€19k€19k=
Reserves13€171k€171k=
Distributable reserves133€171k€171k=
Profit (loss) carried forward14€-4k€-2k▲
Amounts payable17/49€764k€991k▲
Amounts payable after more than one year17€275k€590k▲
Financial debts170/4€275k€590k▲
Amounts payable within one year42/48€489k€385k▼
Current portion of amounts payable after more than one year42€17k€35k▲
Financial debts43€295k€0▼
Credit institutions430/8€295k€0▼
Trade debts44€45k€2k▼
Suppliers440/4€45k€2k▼
Taxes, remuneration and social security45€18k€10k▼
Taxes450/3€17k€10k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€114k€338k▲
Accrued charges and deferred income492/3€858€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€19k▲
Other operating charges640/8€37k€40k▲
Gross operating margin9900€60k€94k▲
Operating profit (loss)9901€17k€35k▲
Financial income75/76B€753€1▼
Recurring financial income75€753€1▼
Financial charges65/66B€21k€31k▲
Recurring financial charges65€21k€31k▲
Profit (loss) for the period before taxes9903€-3k€4k▲
Income taxes67/77€934€2k▲
Profit (loss) for the period9904€-4k€2k▲
Profit (loss) for the period to be appropriated9905€-4k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-2k▲
Profit (loss) brought forward from the previous period14P€0€-4k▼
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To other reserves6921€0-
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €273 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €6k | €19k | ▲ 230% |
| Other operating charges640/8 | - | €4k | €2k | €37k | €40k | ▲ 9.6% |
| Gross operating margin9900 | €114k | €-12k | €44k | €60k | €94k | ▲ 57.9% |
| Operating profit (loss)9901 | €110k | €-18k | €40k | €17k | €35k | ▲ 105% |
| Financial income75/76B | - | €0 | €751 | €753 | €1 | ▼ 99.9% |
| Recurring financial income75 | €0 | €0 | €751 | €753 | €1 | ▼ 99.9% |
| Financial charges65/66B | - | €5k | €7k | €21k | €31k | ▲ 50.4% |
| Recurring financial charges65 | €7k | €5k | €7k | €21k | €31k | ▲ 50.4% |
| Profit (loss) for the period before taxes9903 | €103k | €-23k | €33k | €-3k | €4k | ▲ 250% |
| Income taxes67/77 | €29k | €486 | €5k | €934 | €2k | ▲ 165% |
| Profit (loss) for the period9904 | €74k | €-24k | €28k | €-4k | €2k | ▲ 144% |
| Profit (loss) for the period to be appropriated9905 | €74k | €-24k | €28k | €-4k | €2k | ▲ 144% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €470k | €598k | €612k | €950k | €1.18M | ▲ 24.0% |
| Fixed assets21/28 | €285k | €284k | €282k | €598k | €938k | ▲ 56.8% |
| Intangible fixed assets21 | €1k | €476 | €0 | - | - | - |
| Tangible fixed assets22/27 | €284k | €284k | €282k | €598k | €938k | ▲ 56.8% |
| Land and buildings22 | - | €280k | €280k | €597k | €926k | ▲ 55.2% |
| Plant, machinery and equipment23 | - | €0 | - | - | €8k | - |
| Furniture and vehicles24 | - | €4k | €2k | €1k | €4k | ▲ 231% |
| Other tangible fixed assets26 | - | €246 | €155 | €64 | €0 | ▼ 100% |
| Current assets29/58 | €185k | €314k | €330k | €353k | €241k | ▼ 31.7% |
| Stocks and contracts in progress3 | €0 | €278k | €278k | €308k | €82k | ▼ 73.5% |
| Stocks30/36 | - | €278k | €278k | €308k | €82k | ▼ 73.5% |
| Amounts receivable within one year40/41 | €44k | €20k | €46k | €32k | €107k | ▲ 232% |
| Trade receivables40 | - | €20k | €41k | €32k | €50k | ▲ 57.1% |
| Other amounts receivable41 | - | - | €5k | €566 | €57k | ▲ 9,983% |
| Cash at bank and in hand54/58 | €137k | €6k | €2k | €3k | €45k | ▲ 1,537% |
| Deferred charges and accrued income490/1 | - | €10k | €3k | €10k | €8k | ▼ 18.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €470k | €598k | €612k | €950k | €1.18M | ▲ 24.0% |
| Equity10/15 | €185k | €161k | €190k | €186k | €188k | ▲ 0.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €166k | €166k | €171k | €171k | €171k | = |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Distributable reserves133 | - | €165k | €171k | €171k | €171k | = |
| Profit (loss) carried forward14 | - | €-24k | €0 | €-4k | €-2k | ▲ 44.5% |
| Amounts payable17/49 | €285k | €437k | €423k | €764k | €991k | ▲ 29.6% |
| Amounts payable after more than one year17 | €226k | €210k | €193k | €275k | €590k | ▲ 115% |
| Financial debts170/4 | - | €210k | €193k | €275k | €590k | ▲ 115% |
| Amounts payable within one year42/48 | €53k | €226k | €228k | €489k | €385k | ▼ 21.3% |
| Current portion of amounts payable after more than one year42 | - | €16k | €16k | €17k | €35k | ▲ 111% |
| Financial debts43 | - | €195k | €195k | €295k | €0 | ▼ 100% |
| Credit institutions430/8 | - | €195k | €195k | €295k | €0 | ▼ 100% |
| Trade debts44 | €1k | €923 | €3k | €45k | €2k | ▼ 94.9% |
| Suppliers440/4 | - | €923 | €3k | €45k | €2k | ▼ 94.9% |
| Taxes, remuneration and social security45 | - | €10k | €13k | €18k | €10k | ▼ 46.6% |
| Taxes450/3 | - | €8k | €11k | €17k | €10k | ▼ 41.7% |
| Remuneration and social security454/9 | - | €2k | €3k | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €4k | €1k | €114k | €338k | ▲ 195% |
| Accrued charges and deferred income492/3 | - | €1k | €1k | €858 | €16k | ▲ 1,787% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74k | €-24k | €28k | €-4k | €2k | ▲ 144% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €6k | €19k | ▲ 230% |
| Operating cash flow (approximation) | €76k | €-21k | €30k | €2k | €20k | ▲ 947% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-321k | €-358k | ▼ 11.6% |
| Change in cash | - | €-130k | €-4k | €588 | €42k | ▲ 7,021% |
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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €74k ▲3,899%
Operating result €110k, net result €74k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 3.50
Current ratio from 1.56 to 3.50; short-term debt falls from €115k to €53k.
30-09
Financial
Equity above €150kEq €185k ▲66.7%
4 profitable years in a row build equity to €185k.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €109k ▲20.7%
2 profitable years in a row build equity to €109k.
20-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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.
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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, Ninove · 1 establishment unit since 2010
Ground area
5,159 m²
Building footprint
209 m²
Parcel 41012A0503/00X000, Flanders. Linked by address, not a title deed.
1 establishment unit
Ecobat&
since 20102.191.498.531
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012A0503/00X000 | Flanders | 5,159 m² | 1 · 209 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 129 EUR awarded · 129 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 129 EUR | 129 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,336 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
Founded31-08-2010
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
71111Activities of building architects
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.