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ECODI ENGINEERING

Active
Private limited company (pre-2019)founded 197847 yrs activeRue Neuve 42, 7160 Chapelle-lez-Herlaimont, BelgiumKBO/BCE: BE 0418.973.286
Summary

ECODI ENGINEERING has been active since 1978 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €106,925 and a net result of -€510. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36=
Solvency100=
Growth58=
Track record92
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 63.15 against 63.45 in 2024; short-term debt: 1.6% and cash: 0% of total assets), and 1.6% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 47 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
43 d early
2023
34 d early
2022
27 d early
2021
38 d early
2020
6 d late
2019
19 d late
← 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 20 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Checked, nothing found (1)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline

History

On 28 December 1978, ECODI ENGINEERING was incorporated.1 Total assets went from EUR 202,863 in 2018 to EUR 108,645 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€510▲ 0.4%
2024 · -€512
Working capital
€106,925▼ 0.5%
2024 · €107,435
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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-€432▼ 3.0%-€423▲ 2.1%-€484▼ 14.2%-€467▲ 3.4%-€465▲ 0.4%
Net result-€522below the sector's middle half▲ 22.2%-€468within the sector's middle half▲ 10.3%-€529within the sector's middle half▼ 12.9%-€512within the sector's middle half▲ 3.1%-€510below the sector's middle half▲ 0.4%
Equity€108,944within the sector's middle half▼ 0.5%€108,476within the sector's middle half▼ 0.4%€107,947within the sector's middle half▼ 0.5%€107,435within the sector's middle half▼ 0.5%€106,925within the sector's middle half▼ 0.5%
Total assets€111,123below the sector's middle half▼ 0.9%€111,048below the sector's middle half▼ 0.1%€110,052within the sector's middle half▼ 0.9%€109,156within the sector's middle half▼ 0.8%€108,645below the sector's middle half▼ 0.5%
Debt€2,179▼ 19.0%€2,572▲ 18.0%€2,105▼ 18.2%€1,720▼ 18.3%€1,720=
Working capital€108,944▼ 0.5%€108,476▼ 0.4%€107,947▼ 0.5%€107,435▼ 0.5%€106,925▼ 0.5%
Solvency98.0%above the sector's middle half▲ 0.4pp97.7%above the sector's middle half▼ 0.4pp98.1%above the sector's middle half▲ 0.4pp98.4%above the sector's middle half▲ 0.3pp98.4%above the sector's middle half=
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€600-€400-€200€0Operating result 2021: -€432-€432Net result 2021: -€522-€522Operating result 2022: -€423-€423Net result 2022: -€468-€468Operating result 2023: -€484-€484Net result 2023: -€529-€529Operating result 2024: -€467-€467Net result 2024: -€512-€512Operating result 2025: -€465-€465Net result 2025: -€510-€51020212022202320242025-€600-€400-€200€0Operating result 2023: -€484-€484Net result 2023: -€529-€529Operating result 2024: -€467-€467Net result 2024: -€512-€512Operating result 2025: -€465-€465Net result 2025: -€510-€510202320242025
The operating result stays negative: a loss of €465 in 2025 against €467 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €108,645
Equity €106,925 ▼ 0.5%
Debt €1,720 =
Debt's share of the balance-sheet total stays at 1.6%.
Key figures and ratios
2025 value · change against 2024
Current ratio
63.15▼
2024 · 63.45
Debt to equity
0.02▲
2024 · 0.02
ROE
-0.5%▼
2024 · -0.5%
ROA
-0.5%▼
2024 · -0.5%
Debt ≤ 1 year
€1,720=
2024 · €1,720
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 12,304 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,156€108,645▼
Current assets29/58€109,156€108,645▼
Amounts receivable within one year40/41€109,142€108,622▼
Trade receivables40€109,142€108,622▼
Cash at bank and in hand54/58€14€24▲
Equity and liabilities
Total equity and liabilities10/49€109,156€108,645▼
Equity10/15€107,435€106,925▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€86,859€86,859=
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130€1,859€1,859=
Distributable reserves133€85,000€85,000=
Profit (loss) carried forward14€1,984€1,473▼
Amounts payable17/49€1,720€1,720=
Amounts payable within one year42/48€1,720€1,720=
Trade debts44€272€272=
Suppliers440/4€272€272=
Other amounts payable47/48€1,448€1,448=
Income statement Code20242025
Gross operating margin9900-€467-€465▲
Operating profit (loss)9901-€467-€465▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€512-€510▲
Profit (loss) for the period9904-€512-€510▲
Profit (loss) for the period to be appropriated9905-€512-€510▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,984€1,473▼
Profit (loss) brought forward from the previous period14P€2,496€1,984▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Gross operating margin9900-€432-€423-€484-€467-€465▲ 0.4%
Operating profit (loss)9901-€432-€423-€484-€467-€465▲ 0.4%
Financial charges65/66B€90€45€45€45€45=
Recurring financial charges65€90€45€45€45€45=
Profit (loss) for the period before taxes9903-€522-€468-€529-€512-€510▲ 0.4%
Profit (loss) for the period9904-€522-€468-€529-€512-€510▲ 0.4%
Profit (loss) for the period to be appropriated9905-€522-€468-€529-€512-€510▲ 0.4%
Line20212022202320242025Change
Assets
Total assets20/58€111,123€111,048€110,052€109,156€108,645▼ 0.5%
Current assets29/58€111,123€111,048€110,052€109,156€108,645▼ 0.5%
Amounts receivable within one year40/41€111,007€111,007€110,007€109,142€108,622▼ 0.5%
Trade receivables40€111,007€111,007€110,007€109,142€108,622▼ 0.5%
Cash at bank and in hand54/58€117€41€46€14€24▲ 68.6%
Equity and liabilities
Total equity and liabilities10/49€111,123€111,048€110,052€109,156€108,645▼ 0.5%
Equity10/15€108,944€108,476€107,947€107,435€106,925▼ 0.5%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10€18,592€18,592€18,592€18,592€18,592=
Issued capital100€18,592€18,592€18,592€18,592€18,592=
Reserves13€86,859€86,859€86,859€86,859€86,859=
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Legal reserve130€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133€85,000€85,000€85,000€85,000€85,000=
Profit (loss) carried forward14€3,493€3,025€2,496€1,984€1,473▼ 25.7%
Amounts payable17/49€2,179€2,572€2,105€1,720€1,720=
Amounts payable within one year42/48€2,179€2,572€2,105€1,720€1,720=
Trade debts44€731€1,124€657€272€272=
Suppliers440/4€731€1,124€657€272€272=
Other amounts payable47/48€1,448€1,448€1,448€1,448€1,448=
Line20212022202320242025Change
Profit (loss) for the period9904-€522-€468-€529-€512-€510▲ 0.4%
Operating cash flow (approximation)-€522-€468-€529-€512-€510▲ 0.4%
Change in cash--€76€4-€32€10▲ 130%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
11-04
KBO administration UBO non-compliance
event 31-03-2025
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
06-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
19-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
31-12
Financial Weakest financial yearnet -€90,262
Net result drops to -€90,262, the lowest in the series; recovery starts the following year.
07-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Chapelle-lez-Herlaimont
exact location from the address register On OpenStreetMap
Ground area
265 m²
Building footprint
46 m²
Volume, LiDAR
356 m³
Parcel 52053B0102/00S002, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52053B0102/00S002 Wallonia 265 m² 1 · 46 m² 8.9 m · 3 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 owner

Chain of control

  1. CARMY 99.6%
  2. ECODI ENGINEERING

Highest known parent: CARMY. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector, comparable size

Of 2,445 companies in sector 47820 we hold annual accounts for 780. 598 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 (pre-2019)
Founded28-12-1978
Fiscal year end31-12
Activities, NACEBEL 2025
47820Retail sale of motor vehicle parts and accessories
46643Wholesale of electrical equipment, including installation materials
71209Other technical testing and analysis
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.