ECOBE
ActiveSummary
ECOBE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€104,353) and a net result of €24,775. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 5% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.16 in 2024; short-term debt: 76% and cash: 1.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · 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
-129.4%
Return on assets
30.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 14254 sector peers (2025).
NBB · sector comparisonPosition among 14254 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
26 d late
2022
14 d early
2021
31 d early
2020
19 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€104,353▲ 19.2%
2024 · -€129,128
Total assets
€80,639▲ 11.6%
2024 · €72,268
Net result
€24,775▲ 3.1%
2024 · €24,039
Working capital
-€18,008▲ 61.6%
2024 · -€46,841
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line20212022202320242025
Operating result€131,329▲ 2,450%€157,627▲ 20.0%€83,744▼ 46.9%€43,044▼ 48.6%€43,303▲ 0.6%
Net result€85,417above the sector's middle half€110,062above the sector's middle half▲ 28.9%€56,276above the sector's middle half▼ 48.9%€24,039within the sector's middle half▼ 57.3%€24,775within the sector's middle half▲ 3.1%
Equity-€319,505below the sector's middle half▲ 21.1%-€209,443below the sector's middle half▲ 34.4%-€153,167below the sector's middle half▲ 26.9%-€129,128below the sector's middle half▲ 15.7%-€104,353below the sector's middle half▲ 19.2%
Total assets€174,904within the sector's middle half▼ 13.4%€140,496below the sector's middle half▼ 19.7%€158,681within the sector's middle half▲ 12.9%€72,268below the sector's middle half▼ 54.5%€80,639below the sector's middle half▲ 11.6%
Debt€494,408▼ 18.5%€349,938▼ 29.2%€311,847▼ 10.9%€201,396▼ 35.4%€184,992▼ 8.1%
Working capital-€22,211within the sector's middle half▼ 153%-€57,425within the sector's middle half▼ 159%-€53,055within the sector's middle half▲ 7.6%-€46,841within the sector's middle half▲ 11.7%-€18,008within the sector's middle half▲ 61.6%
Solvency-182.7%below the sector's middle half▲ 17.8pp-149.1%below the sector's middle half▲ 33.6pp-96.5%below the sector's middle half▲ 52.5pp-178.7%below the sector's middle half▼ 82.2pp-129.4%below the sector's middle half▲ 49.3pp
Current ratio0.77within the sector's middle half▼ 0.100.53within the sector's middle half▼ 0.250.56within the sector's middle half▲ 0.030.16below the sector's middle half▼ 0.400.71within the sector's middle half▲ 0.55
Return on assets (ROA)48.8%above the sector's middle half▲ 51.7pp78.3%above the sector's middle half▲ 29.5pp35.5%above the sector's middle half▼ 42.9pp33.3%above the sector's middle half▼ 2.2pp30.7%above the sector's middle half▼ 2.5pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, 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
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,639
Fixed assets
€37,345 ▼ 41.0%
Current assets
€43,294 ▲ 384%
Key figures and ratios
EBITDA
€70,120▲
2024 · €69,534
Cash flow
€51,592▲
2024 · €50,528
Debt to equity
-1.77▼
2024 · -1.56
Interest coverage
8.31▲
2024 · 8.22
Debt ≤ 1 year
€61,302▲
2024 · €55,787
Debt > 1 year
€122,297▼
2024 · €145,609
Income taxes
€10,105▼
2024 · €11,242
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,798 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,413 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,653 | €22,571 | €23,771 | €26,490 | €26,817 | ▲ 1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €18,700 | €0 | - | - | - |
| Other operating charges640/8 | €4,523 | €2,181 | €10,062 | €6,660 | €3,596 | ▼ 46.0% |
| Gross operating margin9900 | €176,505 | €201,080 | €117,577 | €76,194 | €73,716 | ▼ 3.3% |
| Operating profit (loss)9901 | €131,329 | €157,627 | €83,744 | €43,044 | €43,303 | ▲ 0.6% |
| Financial income75/76B | €5 | - | €5,357 | €691 | €16 | ▼ 97.7% |
| Recurring financial income75 | €5 | - | €5,357 | €691 | €16 | ▼ 97.7% |
| Financial charges65/66B | €12,408 | €9,062 | €10,115 | €8,455 | €8,439 | ▼ 0.2% |
| Recurring financial charges65 | €12,408 | €9,062 | €10,115 | €8,455 | €8,439 | ▼ 0.2% |
| Profit (loss) for the period before taxes9903 | €118,925 | €148,565 | €78,985 | €35,280 | €34,880 | ▼ 1.1% |
| Income taxes67/77 | €33,509 | €38,503 | €22,709 | €11,242 | €10,105 | ▼ 10.1% |
| Profit (loss) for the period9904 | €85,417 | €110,062 | €56,276 | €24,039 | €24,775 | ▲ 3.1% |
| Transfer from tax-exempt reserves789 | €3,721 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €89,137 | €110,062 | €56,276 | €24,039 | €24,775 | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €174,904 | €140,496 | €158,681 | €72,268 | €80,639 | ▲ 11.6% |
| Fixed assets21/28 | €98,434 | €75,863 | €90,160 | €63,322 | €37,345 | ▼ 41.0% |
| Tangible fixed assets22/27 | €98,434 | €75,863 | €90,160 | €63,322 | €37,345 | ▼ 41.0% |
| Land and buildings22 | €98,434 | €75,863 | €90,160 | €61,481 | €35,374 | ▼ 42.5% |
| Plant, machinery and equipment23 | - | - | - | - | €591 | - |
| Furniture and vehicles24 | - | - | - | €1,841 | €1,380 | ▼ 25.0% |
| Current assets29/58 | €76,470 | €64,633 | €68,520 | €8,946 | €43,294 | ▲ 384% |
| Amounts receivable after more than one year29 | €10,000 | €7,500 | €0 | - | - | - |
| Other amounts receivable291 | €10,000 | €7,500 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €41,285 | €28,390 | €45,890 | €5,996 | €41,375 | ▲ 590% |
| Trade receivables40 | €41,285 | €28,390 | €43,599 | €2,337 | €39,083 | ▲ 1,572% |
| Other amounts receivable41 | - | - | €2,291 | €3,659 | €2,292 | ▼ 37.4% |
| Cash at bank and in hand54/58 | €23,545 | €26,753 | €21,635 | €2,254 | €1,094 | ▼ 51.5% |
| Deferred charges and accrued income490/1 | €1,639 | €1,990 | €996 | €696 | €825 | ▲ 18.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €174,904 | €140,496 | €158,681 | €72,268 | €80,639 | ▲ 11.6% |
| Equity10/15 | -€319,505 | -€209,443 | -€153,167 | -€129,128 | -€104,353 | ▲ 19.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €0 | - | - | - |
| Distributable reserves133 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€339,956 | -€229,894 | -€173,618 | -€149,579 | -€124,804 | ▲ 16.6% |
| Amounts payable17/49 | €494,408 | €349,938 | €311,847 | €201,396 | €184,992 | ▼ 8.1% |
| Amounts payable after more than one year17 | €395,728 | €227,880 | €190,185 | €145,609 | €122,297 | ▼ 16.0% |
| Financial debts170/4 | €157,168 | €125,364 | €92,224 | €57,692 | - | - |
| Other amounts payable178/9 | €238,560 | €102,516 | €97,961 | €87,917 | €122,297 | ▲ 39.1% |
| Amounts payable within one year42/48 | €98,681 | €122,058 | €121,575 | €55,787 | €61,302 | ▲ 9.9% |
| Current portion of amounts payable after more than one year42 | €39,187 | €31,804 | €33,140 | €34,532 | - | - |
| Financial debts43 | - | €20,833 | €14,760 | €14,751 | €6,611 | ▼ 55.2% |
| Credit institutions430/8 | - | €20,833 | €14,760 | €14,751 | €6,611 | ▼ 55.2% |
| Trade debts44 | €2,168 | €11,101 | €44,056 | €2,872 | €16,642 | ▲ 479% |
| Suppliers440/4 | €2,168 | €11,101 | €44,056 | €2,872 | €16,642 | ▲ 479% |
| Taxes, remuneration and social security45 | €57,325 | €58,320 | €29,619 | €1,620 | €9,158 | ▲ 465% |
| Taxes450/3 | €57,325 | €58,320 | €29,619 | €1,620 | €9,158 | ▲ 465% |
| Other amounts payable47/48 | - | - | - | €2,012 | €28,891 | ▲ 1,336% |
| Accrued charges and deferred income492/3 | - | - | €87 | €0 | €1,393 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,417 | €110,062 | €56,276 | €24,039 | €24,775 | ▲ 3.1% |
| + Depreciation and write-downs630 | €40,653 | €22,571 | €23,771 | €26,490 | €26,817 | ▲ 1.2% |
| Operating cash flow (approximation) | €126,070 | €132,633 | €80,046 | €50,528 | €51,592 | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | €0 | -€38,068 | €349 | -€840 | ▼ 341% |
| Change in cash | - | €3,208 | -€5,118 | -€19,382 | -€1,160 | ▲ 94.0% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €110,062 ▲28.9%
Operating result €157,627, net result €110,062, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €85,417
Net result €85,417 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€5,683
Net result drops to -€5,683, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
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, Antwerpen · 1 establishment unit since 1998
Ground area
470 m²
Building footprint
128 m²
Volume, LiDAR
1,406 m³
Parcel 11303C0255/00M002, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Troyentenhoflaan 18, 2600 Antwerpen
since 19982.088.275.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0255/00M002 | Flanders | 470 m² | 1 · 128 m² | 13.8 m · 4 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.
Structure & network
Owners and holdings
1 ownerOwners 1
- Erik Coolsnatural personSourceown accounts 2024100%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of ECOBE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-08-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
46499Wholesale of other household goods
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463943278
Also
9925:BE0463943278
Registered
27-04-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.