Equity
€145,625 from €296,023 in 2012
Equity fell by 51% in 13 years.
ECODEC
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987peak €151,594 (2022)
€48,091▼ 56.3%
lowest -€78,224 (2025)
-€78,224▼ €99,335
peak €296,023 (2012)
€145,625▼ 36.6%
€274,985▲ 13.6%
peak 2 FTE (2025)
2 FTE
Board6 names since 2019
3 directors and 2 others
Owners
100%
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €110,093 to €48,091Loss of €78,224Equity from €229,799 to €145,625Cash from €71,395 to €95,568
Key points
from the 2025 annual accountsResult
-€78,224 -€78,224
From profit to loss in 2025, after a profit of €21,111 in 2024.
Position in the sector
-€78,224
Lower net result than 90% of companies in wholesale trade. Sector median €38,114 · 10,723 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as ECODEC has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for ECODEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Daily manager,
Director,
Director,
- 100%score equity €243,597 (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431700577
1 director appointed, 3 reappointments
Reappointments: , and · Permanent representatives: and · Appointment: (daily management delegate) · General meeting of 13-12-2023 · Gazette deed
Registered office moved from Berneau to Battice
New registered office: Rue de Nazareth, 5 à 4651 BATTICE · Previous registered office: rue de Maestricht, 84 à 4607 BERNEAU · Resignations: (director) and (director) · General meeting of 07-10-2020 · Gazette deed
Reappointments: (director) and (director)
General meeting of 21-06-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECODEC Herve | €420,610 | €48,091 | 34.6% | 2 |
| CODEART asbl Plombières | €308,312 | €81,889 | 31.7% | 1 |
| TECHNI - LEVAGE Liège | €536,068 | €62,843 | 60.1% | 1 |
| PROSEP Zaventem | €533,053 | €26,365 | 96.5% | 1 |
| EGGERMONT G. Ypres | €517,886 | €136,535 | 71.1% | 2.2 |
| MEGATOOL Zuienkerke | €427,129 | €127,295 | 45.7% | 1 |
| ALLTECH INDUSTRY Herve | €909,146 | €124,955 | 59.8% | 1 |
These companies have the same main activity as ECODEC: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €308,000 and €909,000, founded between 1980 and 1998.
Official details
Source: KBO- Status
- Active since 04-08-1987Normal situation
- Activity
- Wholesale of machine toolsNACE 46620
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.030.019.0674651 Herve, since 27-08-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- ≈ €370,000estimated
- €420,610▼ 10.9%
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on ECODEC
ECODEC files the abbreviated format. That format states no turnover. The gross margin fell from €112,995 in 2006 to €48,091 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ECODEC
- What is the company number of ECODEC?
- The company number of ECODEC is 0431.700.577. The VAT number is the same number with BE in front: BE 0431.700.577.
- Where is ECODEC based?
- The registered office is at Rue Nazareth 5, 4651 Herve.Company details
- What does ECODEC do?
- According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
- What is the legal form of ECODEC?
- ECODEC is a public limited company (NV).
- When was ECODEC founded?
- ECODEC was founded on 04-08-1987.
- Is ECODEC still active?
- Yes, ECODEC is an active enterprise in the KBO register.
- How many employees does ECODEC have?
- ECODEC had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ECODEC fall under?
- In its 2025 annual accounts, ECODEC states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ECODEC?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €48,091 and 58 comparable companies (NACE 46). It probably lies between €160,000 and €800,000.
- Is ECODEC profitable?
- In financial year 2025, ECODEC made a loss of €78,224.
- Where can I find the annual accounts of ECODEC?
- ECODEC filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECODEC due?
- ECODEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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