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ECOCHEM INTERNATIONAL

Active
Public limited companyfounded 200026 yrs activeBrielen 2, 2830 Willebroek, BelgiumKBO/BCE: BE 0471.591.333
Summary

ECOCHEM INTERNATIONAL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.8m and a net result of €1.9m. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
ECOCHEM INTERNATIONALActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20590NACE 46751Wholesale of industrial chemicals NACE 46851
#3 company by total assets in Willebroek, Manufacturing sector2 sites
Size
€55.5mturnover 2025
Staff
57.1 FTE
Equity
€10.8m
Profit
€1.9m
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
INCENDIN · 100%
Board
1 member
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 30 d early
Why 93+ Size: turnover €55.5m, 57.1 FTE, total assets €30.2m+ Founded in 2000+ Legal form Public limited company+ Profit of €1.9m (FY 2025)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 20, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 61+14
equity 35.7% of total assets
Liquidity 29+4
short-term debt 60.1% · cash 7.9%
Profitability 71-1
return on assets 6.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (108 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 0.7%● 0.0% vs 12-2024 02-2025: 0.7%▼ -3.4% vs 01-2025 03-2025: 0.7%● 0.0% vs 02-2025 04-2025: 0.8%▲ +11.7% vs 03-2025 05-2025: 0.8%▲ +8.5% vs 04-2025 06-2025: 0.8%▼ -3.7% vs 05-2025 07-2025: 0.8%▲ +3.8% vs 06-2025 08-2025: 1.0%▲ +21.0% vs 07-2025highest value 09-2025: 0.2%▼ -78.3% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▲ +10.0% vs 01-2026 03-2026: 0.2%● 0.0% vs 02-2026 04-2026: 0.1%▼ -51.7% vs 03-2026 05-2026: 0.1%▲ +1.7% vs 04-2026 06-2026: 0.1%▲ +1.7% vs 05-2026 07-2026: 0.1%▲ +7.4% vs 06-2026 08-2026: 0.1%▼ -37.7% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: turnover €55.5m, 57.1 FTE, total assets €30.2m lowers the probability for this profile
  • Founded in 2000 lowers the probability for this profile
  • Legal form Public limited company lowers the probability
  • Profit of €1.9m (FY 2025) lowers the probability
Credit up to €1,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.12 in 2024; short-term debt: 60.1% and cash: 7.9% of total assets), and 64.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 20, medium-sized). Better than this share of them on solvency 27%, liquidity 20%, profitability 58%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: turnover €55.5m, 57.1 FTE, total assets €30.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2000
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Profit of €1.9m (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
on the day
2023
5 d late
2022
18 d early
2021
44 d early
2020
43 d early
2019
42 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 25 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% 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. Usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Appointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Paul Eelen
  3. Equity above €10mEq €10.8m ▲20.7%

Key points

  • Positive: Company by total assets in Willebroek, Manufacturing sectorin the Checked rankings #3 View
  • Caution: Result fell in 2025from €3.2m to €1.9m ▼ 40.6% View
  • Controlled by INCENDINultimately: STRACO 100% View

By topic

Financials

Fiscal year
2025
Turnover
€55.5m
Profit
€1.9m
Solvency
35.7%
Turnover▼ 0.3%
Net result
20182025
Go to Financials

Timeline

Events
42
Since
2010
Next accounts
by 31-07-2027
  1. 01-07-2026Annual accounts filed
  2. 03-06-2026Appointment: EY Bedrijfsrevisoren BV (statutory auditor)
  3. 31-12-2025Equity above €10m
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of chemicals and chemical productsNACE 20590
Founded
04-04-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De vennootschap heeft als voorwerp het stellen van in het algemeen alle handels-…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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