ECOBRU
InactiveECOBRU was declared bankrupt on 09-05-2022 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 03-10-2023, published in the Belgian State Gazette on 10-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2017.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 28-08-2018, 28 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,180▲ 94.6%
2016 · -€76,846
Working capital
-€175,954▼ 28.5%
2016 · -€136,935
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2014201520162017
Operating result-€41,982--€38,830▲ 7.5%-€77,626▼ 99.9%-€3,915▲ 95.0%
Net result-€41,584--€37,011▲ 11.0%-€76,846▼ 108%-€4,180▲ 94.6%
Equity€20,416--€8,419-€86,900▼ 932%-€92,715▼ 6.7%
Total assets€93,617-€84,484▼ 9.8%€134,871▲ 59.6%€92,098▼ 31.7%
Debt€73,201-€92,903▲ 26.9%€221,770▲ 139%€184,813▼ 16.7%
Working capital-€44,704--€66,350▼ 48.4%-€136,935▼ 106%-€175,954▼ 28.5%
Staff (FTE)1.12▲ 81.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,915 in 2017 against €77,626 in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €92,098
Fixed assets
€83,239 ▲ 66.4%
Current assets
€8,859 ▼ 89.6%
Key figures and ratios
EBITDA
€18,544▲
2016 · -€61,351
Cash flow
€18,278▲
2016 · -€60,571
Solvency
-100.7%▼
2016 · -64.4%
Current ratio
0.05▼
2016 · 0.38
ROA
-4.5%▲
2016 · -57.0%
Debt ≤ 1 year
€184,813▼
2016 · €221,770
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,559 | €15,997 | €16,274 | €22,458 | ▲ 38.0% |
| Gross operating margin9900 | -€37,245 | -€18,675 | €3,237 | €83,580 | ▲ 2,482% |
| Operating profit (loss)9901 | -€41,982 | -€38,830 | -€77,626 | -€3,915 | ▲ 95.0% |
| Recurring financial income75 | €428 | €2,045 | €1,649 | €1,635 | ▼ 0.9% |
| Recurring financial charges65 | €31 | €226 | €867 | €1,901 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | -€41,584 | -€37,011 | -€76,843 | -€4,180 | ▲ 94.6% |
| Income taxes67/77 | - | - | €2 | - | - |
| Profit (loss) for the period9904 | -€41,584 | -€37,011 | -€76,846 | -€4,180 | ▲ 94.6% |
| Profit (loss) for the period to be appropriated9905 | -€41,584 | -€37,011 | -€76,846 | -€4,180 | ▲ 94.6% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €93,617 | €84,484 | €134,871 | €92,098 | ▼ 31.7% |
| Fixed assets21/28 | €65,120 | €57,931 | €50,035 | €83,239 | ▲ 66.4% |
| Tangible fixed assets22/27 | €65,120 | €57,931 | €43,857 | €83,239 | ▲ 89.8% |
| Financial fixed assets28 | - | - | €6,178 | - | - |
| Current assets29/58 | €28,497 | €26,553 | €84,835 | €8,859 | ▼ 89.6% |
| Amounts receivable within one year40/41 | €27,021 | €26,377 | €82,851 | €4,085 | ▼ 95.1% |
| Cash at bank and in hand54/58 | €1,476 | €176 | €834 | €1,404 | ▲ 68.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €93,617 | €84,484 | €134,871 | €92,098 | ▼ 31.7% |
| Equity10/15 | €20,416 | -€8,419 | -€86,900 | -€92,715 | ▼ 6.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€41,584 | -€78,595 | -€155,441 | -€159,621 | ▼ 2.7% |
| Amounts payable17/49 | €73,201 | €92,903 | €221,770 | €184,813 | ▼ 16.7% |
| Amounts payable within one year42/48 | €73,201 | €92,903 | €221,770 | €184,813 | ▼ 16.7% |
| Trade debts44 | €67,519 | €10,305 | €64,930 | €54,215 | ▼ 16.5% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€41,584 | -€37,011 | -€76,846 | -€4,180 | ▲ 94.6% |
| + Depreciation and write-downs630 | €4,559 | €15,997 | €16,274 | €22,458 | ▲ 38.0% |
| Operating cash flow (approximation) | -€37,025 | -€21,013 | -€60,571 | €18,278 | ▲ 130% |
| Investment in fixed assets (approximation) | - | -€8,808 | -€8,378 | -€55,662 | ▼ 564% |
| Change in cash | - | -€1,300 | €658 | €570 | ▼ 13.3% |
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
2023
10-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 03-10-2023
2022
16-05
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 09-05-2022
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
2016
31-12
Financial
Weakest financial yearnet -€76,846
Net result drops to -€76,846, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FLORIAN ERNOTTE AVENUE CONSTANTIN DE
GERLACHE 41, 4000 LIEGE 1 |
09-05-2022 → 03-10-2023 |