ECOCONSTRUCT 2020
ActiveSummary
ECOCONSTRUCT 2020 has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+74
Solvency43▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.1 in 2024; short-term debt: 80.6% and cash: 19.9% of total assets), and 81.6% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 20%
← weakest
strongest →
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 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
34 d early
2023
26 d early
2022
38 d early
2021
31 d early
2020
11 d early
2019
1 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
€15k▲ 29.4%
2024 · €12k
2018: €27k
2019: €-63k▼ -328% vs 2018lowest in 8 years
2020: €-17k▲ +73.6% vs 2019
2021: €47k▲ +382% vs 2020
2022: €13k▼ -71.6% vs 2021
2023: €47k▲ +253% vs 2022highest in 8 years
2024: €12k▼ -74.7% vs 2023
2025: €15k▲ +29.4% vs 2024
2018 → 2025
Total assets
€83k▼ 9.0%
2024 · €91k
2018: €125k
2019: €40k▼ -67.8% vs 2018lowest in 8 years
2020: €126k▲ +212% vs 2019
2021: €196k▲ +55.7% vs 2020
2022: €277k▲ +41.4% vs 2021highest in 8 years
2023: €248k▼ -10.4% vs 2022
2024: €91k▼ -63.3% vs 2023
2025: €83k▼ -9.0% vs 2024
2018 → 2025
Net result
€3k
2024 · €-35k
2018: €-23k
2019: €-90k▼ -298% vs 2018lowest in 8 years
2020: €46k▲ +151% vs 2019
2021: €63k▲ +36.9% vs 2020highest in 8 years
2022: €-33k▼ -153% vs 2021
2023: €33k▲ +200% vs 2022
2024: €-35k▼ -204% vs 2023
2025: €3k▲ +110% vs 2024
2018 → 2025
Working capital
€10k▲ 26.2%
2024 · €8k
2018: €18k
2019: €-70k▼ -495% vs 2018lowest in 8 years
2020: €-19k▲ +73.1% vs 2019
2021: €36k▲ +293% vs 2020
2022: €59k▲ +62.8% vs 2021highest in 8 years
2023: €26k▼ -56.2% vs 2022
2024: €8k▼ -70.3% vs 2023
2025: €10k▲ +26.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€13k▼ 71.6%€47k▲ 253%€12k▼ 74.7%€15k▲ 29.4%
2021: €47k
2022: €13k▼ -71.6% vs 2021
2023: €47k▲ +253% vs 2022highest in 5 years
2024: €12k▼ -74.7% vs 2023lowest in 5 years
2025: €15k▲ +29.4% vs 2024
Operating result€66k-€-32k€35k€-31k€4k
2021: €66khighest in 5 years
2022: €-32k▼ -148% vs 2021lowest in 5 years
2023: €35k▲ +208% vs 2022
2024: €-31k▼ -190% vs 2023
2025: €4k▲ +112% vs 2024
Net result€63k-€-33k€33k€-35k€3k
2021: €63khighest in 5 years
2022: €-33k▼ -153% vs 2021
2023: €33k▲ +200% vs 2022
2024: €-35k▼ -204% vs 2023lowest in 5 years
2025: €3k▲ +110% 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 returns to profit in 2025: €4k after a loss of €31k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€6k ▲ 41.2%
Current assets
€77k ▼ 11.6%
Equity and liabilities €83k
Equity
€15k ▲ 29.4%
Debt
€68k ▼ 14.8%
Debt's share of the balance-sheet total falls from 87.0% to 81.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▲
2024 · €-27k
Cash flow
€6k▲
2024 · €-31k
Current ratio
1.15▲
2024 · 1.10
Quick ratio
0.66▼
2024 · 0.68
Debt to equity
4.43▼
2024 · 6.72
ROE
22.7%▲
2024 · -295.2%
ROA
4.2%▲
2024 · -38.3%
Interest coverage
29.76▲
2024 · -7.41
Debt ≤ 1 year
€67k▼
2024 · €79k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€91k€83k▼
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Plant, machinery and equipment23€4k€6k▲
Current assets29/58€87k€77k▼
Stocks and contracts in progress3€33k€33k=
Stocks30/36€33k€33k=
Amounts receivable within one year40/41€44k€27k▼
Trade receivables40€39k€26k▼
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€10k€17k▲
Deferred charges and accrued income490/1€593€311▼
Equity and liabilities
Total equity and liabilities10/49€91k€83k▼
Equity10/15€12k€15k▲
Contributions10/11€19k€19k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-35k€-31k▲
Amounts payable17/49€79k€68k▼
Amounts payable within one year42/48€79k€67k▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€9k€3k▼
Other amounts payable47/48€58k€56k▼
Accrued charges and deferred income492/3€384€782▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€33k-
Other operating charges640/8€587€410▼
Gross operating margin9900€6k€6k▲
Operating profit (loss)9901€-31k€4k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€4k€196▼
Recurring financial charges65€4k€196▼
Profit (loss) for the period before taxes9903€-35k€3k▲
Profit (loss) for the period9904€-35k€3k▲
Profit (loss) for the period to be appropriated9905€-35k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-31k▲
Profit (loss) brought forward from the previous period14P-€-35k
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €165 | €832 | €4k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €6k | €5k | €4k | €2k | ▼ 43.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €640 | €33k | - | - |
| Other operating charges640/8 | - | €8k | €688 | €587 | €410 | ▼ 30.0% |
| Gross operating margin9900 | €70k | €-18k | €41k | €6k | €6k | ▲ 5.6% |
| Operating profit (loss)9901 | €66k | €-32k | €35k | €-31k | €4k | ▲ 112% |
| Financial income75/76B | - | €96 | - | €1 | - | - |
| Recurring financial income75 | €279 | €96 | - | €1 | - | - |
| Financial charges65/66B | - | €2k | €357 | €4k | €196 | ▼ 94.7% |
| Recurring financial charges65 | €123 | €2k | €357 | €4k | €196 | ▼ 94.7% |
| Profit (loss) for the period before taxes9903 | €66k | €-33k | €34k | €-35k | €3k | ▲ 110% |
| Income taxes67/77 | €3k | - | €778 | - | - | - |
| Profit (loss) for the period9904 | €63k | €-33k | €33k | €-35k | €3k | ▲ 110% |
| Profit (loss) for the period to be appropriated9905 | €63k | €-33k | €33k | €-35k | €3k | ▲ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €196k | €277k | €248k | €91k | €83k | ▼ 9.0% |
| Fixed assets21/28 | €10k | €16k | €21k | €4k | €6k | ▲ 41.2% |
| Tangible fixed assets22/27 | €10k | €16k | €21k | €4k | €6k | ▲ 41.2% |
| Plant, machinery and equipment23 | - | €11k | €7k | €4k | €6k | ▲ 41.2% |
| Furniture and vehicles24 | - | €5k | €14k | - | - | - |
| Current assets29/58 | €186k | €261k | €227k | €87k | €77k | ▼ 11.6% |
| Stocks and contracts in progress3 | €11k | €23k | €65k | €33k | €33k | = |
| Stocks30/36 | - | €23k | €65k | €33k | €33k | = |
| Amounts receivable within one year40/41 | €41k | €185k | €11k | €44k | €27k | ▼ 38.3% |
| Trade receivables40 | - | €180k | €5k | €39k | €26k | ▼ 34.7% |
| Other amounts receivable41 | - | €5k | €7k | €5k | €2k | ▼ 68.0% |
| Cash at bank and in hand54/58 | €133k | €52k | €150k | €10k | €17k | ▲ 73.3% |
| Deferred charges and accrued income490/1 | - | €1k | €824 | €593 | €311 | ▼ 47.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €196k | €277k | €248k | €91k | €83k | ▼ 9.0% |
| Equity10/15 | €47k | €13k | €47k | €12k | €15k | ▲ 29.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €28k | €28k | €28k | €28k | €28k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €26k | €26k | €28k | €28k | = |
| Profit (loss) carried forward14 | €-83k | €-33k | - | €-35k | €-31k | ▲ 9.9% |
| Amounts payable17/49 | €149k | €264k | €201k | €79k | €68k | ▼ 14.8% |
| Amounts payable within one year42/48 | €149k | €201k | €201k | €79k | €67k | ▼ 15.3% |
| Trade debts44 | €26k | €17k | €18k | €11k | €8k | ▼ 25.1% |
| Suppliers440/4 | - | €17k | €18k | €11k | €8k | ▼ 25.1% |
| Taxes, remuneration and social security45 | - | €407 | €1k | €9k | €3k | ▼ 71.8% |
| Taxes450/3 | - | €407 | €1k | €9k | €3k | ▼ 71.8% |
| Other amounts payable47/48 | - | €184k | €181k | €58k | €56k | ▼ 4.6% |
| Accrued charges and deferred income492/3 | - | €62k | €374 | €384 | €782 | ▲ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €-33k | €33k | €-35k | €3k | ▲ 110% |
| + Depreciation and write-downs630 | €3k | €6k | €5k | €4k | €2k | ▼ 43.2% |
| Operating cash flow (approximation) | €66k | €-28k | €39k | €-31k | €6k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-12k | €-10k | €13k | €-4k | ▼ 131% |
| Change in cash | - | €-81k | €97k | €-140k | €7k | ▲ 105% |
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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €63k ▲36.9%
Operating result €66k, net result €63k, both a record.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
Show earlier events
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
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 5 acts read
About the unread acts
We know of 5 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
5 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, Poperinge · 1 establishment unit since 2011
Ground area
1,082 m²
Building footprint
189 m²
Volume, LiDAR
882 m³
Parcel 33023B0042/00V000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ECOCONSTRUCT 2020
since 20112.207.150.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33023B0042/00V000 | Flanders | 1,082 m² | 1 · 189 m² | 7.0 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 477 EUR awarded · 477 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 477 EUR | 477 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,096 companies in sector 43240 we hold annual accounts for 1,633. 1,054 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
Founded06-09-2011
Fiscal year end30-09
Activities, NACEBEL 2025
43240Other construction installation
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
72109Other research and development on natural sciences
Contact
E-mail
peter.louwagie@me.com
Scores and ratios are computed by Checked and are not a credit decision.