ECOFLEX
Open bankruptcyA bankruptcy procedure is open for ECOFLEX according to publications in the Belgian State Gazette; curator: ANOUK DE VLEESHOUWER. The 2021 annual accounts show equity of €145k and a net result of €27k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, micro schema
Equity
€145k▲ 23.2%
2020 · €118k
2018: €30k
2019: €72k
2020: €118k
2018 → 2021
Total assets
€186k▲ 7.8%
2020 · €172k
2018: €98k
2019: €139k
2020: €172k
2018 → 2021
Net result
€27k▼ 40.1%
2020 · €46k
2018: €13k
2019: €49k
2020: €46k
2018 → 2021
Working capital
€125k▲ 24.4%
2020 · €100k
2018: €23k
2019: €50k
2020: €100k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€30k-€72k▲ 141%€118k▲ 63.0%€145k▲ 23.2%
Operating result€26k-€63k▲ 147%€63k▼ 0.2%€39k▼ 38.6%
Net result€13k-€49k▲ 294%€46k▼ 7.6%€27k▼ 40.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 39% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €186k
Fixed assets
€21k▼ 19.8%
Current assets
€164k▲ 12.8%
Equity and liabilities €186k
Equity
€145k▲ 23.2%
Debt
€40k▼ 25.6%
The debt ratio falls from 31.5% to 21.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2020 · €72k
Cash flow
€39k▼
2020 · €54k
Solvency
78.3%▲
2020 · 68.5%
Current ratio
4.14▲
2020 · 3.20
Quick ratio
3.40▲
2020 · 2.73
Debt / equity
0.28▲
2020 · 0.04
ROE
18.8%▼
2020 · 38.7%
ROA
14.7%▼
2020 · 26.5%
Interest coverage
31.34
Debt
€40k▼
2020 · €54k
Debt ≤ 1 year
€40k▼
2020 · €45k
Debt > 1 year
€200▼
2020 · €5k
Income taxes
€20k▲
2020 · €17k
Staff costs
€19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€172k€186k▲
Fixed assets21/28€26k€21k▼
Intangible fixed assets21€11k€8k▼
Tangible fixed assets22/27€10k€13k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€12k
Financial fixed assets28€5k€175▼
Current assets29/58€146k€164k▲
Stocks and contracts in progress3€22k€29k▲
Stocks30/36-€29k
Amounts receivable within one year40/41€27k€64k▲
Trade receivables40-€51k
Other amounts receivable41-€13k
Cash at bank and in hand54/58€62k€61k▼
Deferred charges and accrued income490/1-€11k
Equity and liabilities
Total equity and liabilities10/49€172k€186k▲
Equity10/15€118k€145k▲
Contributions10/11-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€110k€137k▲
Amounts payable17/49€54k€40k▼
Amounts payable after more than one year17€5k€200▼
Financial debts170/4-€200
Amounts payable within one year42/48€45k€40k▼
Current portion of amounts payable after more than one year42-€5k
Trade debts44€9k€16k▲
Suppliers440/4-€16k
Advances received on contracts in progress46-€11k
Taxes, remuneration and social security45-€947
Taxes450/3-€947
Other amounts payable47/48-€7k
Accrued charges and deferred income492/3-€420
Income statement
Code20202021
Remuneration, social security and pensions62-€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8-€2k
Gross operating margin9900€89k€72k▼
Operating profit (loss)9901€63k€39k▼
Financial income75/76B-€10k
Recurring financial income75€41€10k▲
Non-recurring financial income76B-€10k
Financial charges65/66B-€2k
Recurring financial charges65€769€2k▲
Profit (loss) for the period before taxes9903€62k€47k▼
Income taxes67/77€17k€20k▲
Profit (loss) for the period9904€46k€27k▼
Profit (loss) for the period to be appropriated9905€46k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€137k
Profit (loss) brought forward from the previous period14P-€110k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ECOFLEX BV GROOT-BIJGAAR- DENSTRAAT 14, 1082 SINT-AGATHA-BERCHEM · event 03-02-2026
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 225 days late
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 243 days late
2020
31-12
Financial
Equity above €100kEq €118k ▲63%
3 profitable years in a row build equity to €118k.
2019
31-12
Financial
Highest result since 2018net €49k ▲294%
Operating result €63k, net result €49k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
20-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 20 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
03-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
1,277 m²
Building footprint
506 m²
Volume, LiDAR
3,166 m³
2 parcels, Brussels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ecoflex
since 20102.190.445.981
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0012/00P000 | Flanders | 987 m² | 1 · 213 m² | 8.9 m · 2 fl. |
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER PEGASUSLAAN 5,
1831 DIEGEM |
03-02-2026 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 831 EUR awarded · 831 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 831 EUR | 831 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.